Bitcoin Gold Casinos
Bitcoin Gold offers casino players a convenient and privacy-based payment solution for depositing and withdrawing from gaming sites. In 2021 more Bitcoin Gold casinos are popping up and delivering this method for customers that appreciate anonymity, privacy, and convenience.
Some popular Bitcoin Gold Casinos are 1xBit, 1xBet, 22Bet, BetWinner, Bitstarz, FortuneJack, MegaPari, Stake, and several more that are worth checking out.
Bitcoin Gold is a relatively new type of Crypto Currency that is growing in popularity. Not to be confused with the original Bitcoin, the symbol for Bitcoin Gold is BCG. It ranks in the top 70 cryptocurrencies with a market cap just above $2 Billion.
The Bitcoin Gold network operates with miners using GPU setups, compared to ASICS on Bitcoin & other networks. This allows the BCG network to run smoothly, without getting congested. Letting transactions process quickly and keeping customers happy.
You can store your BCG securely using a range of trusted wallets like Core, ElectrumG, Trezor, Ledger, KeepKey, Exodus, Coinomi, Atomic, and more. The fast lighting transactions, anonymous addresses, and reliability make BCG an ideal casino payment method.
A Brief History of Bitcoin Gold
Bitcoin is the original cryptocurrency that everyone knows. Many don’t know that this popular digital coin has had many partnerships, spin-offs, and forks. These moves created several similar yet different types of cryptocurrencies, each with unique aspects.
One of them is called Bitcoin Gold. Its symbol is BTG. The original aim of Bitcoin Gold was to create a digital currency that mined transactions using GPU (Graphics Processor Units) instead of ASIC miners like traditional coins. This was aimed to save costs and increase the efficiency of the blockchain.
This model helps set a fair playing field by allowing anyone to participate in mining Bitcoin Gold by utilizing graphic cards. Mining in Bitcoin and other popular currency is limited to big players with massive budgets that can afford the enormous costs associated with difficult large-scale BTC mining. Bitcoin Gold aims to offer a store of value that can be used for transactions and is decentralized, providing anonymity to its users, with the network available to everyone.
Since there has been so much dividing between the bitcoin community, the coin has seen varying success. When it first came out in October 2017, it had around $400 per coin. After 2018, the currency had a massive decline during the crypto collapse and saw an all-time low of just $5 each! Fast forward to 2020/2021, and BTG has started making a comeback and now holds value at an average above $110 per coin.
At the time of writing, Bitcoin Gold has a market cap of over $2 Billion. Making it the 65th most popular cryptocurrency according to CoinMarketCap. You can find Bitcoin Gold listed on more than 75 worldwide exchanges, including popular platforms like Binance, Huobi Global, Bitfinex, and HitBtc.
The only downside to this crypto is the price fluctuations. While other coins are much more stable, this coin’s price can move around a lot. So if you’re using it for depositing at casinos, it’s best to deposit & cash out quickly, so you get the best exchange rate deal.
Bitcoin Gold – Pros and Cons
- Large transaction limits
- Quick deposits (5-10 minutes)
- Great for privacy
- No fees
- Not many casinos accept this type of crypto yet
- The price of BCG fluctuates frequently
How to use Bitcoin Gold at Online Casinos
The first step in using this digital currency online is to take your pick from one of the Bitcoin Gold casinos available for your region. Once you sign up and create your account, you will be required to verify your email to get started.
The next step is to log in to your casino account and head to the cashier section. From here, you will see the different deposit options, scroll down and select Bitcoin Gold.
This page lets you enter how much you wish to deposit, and the casino will generate a crypto payment invoice. This menu will usually be a popup screen with a QR code, wallet address, and Bitcoin Gold amount to send.
If you already have you’re Bitcoin Gold, then you can go ahead and make the payment. If not, you will need to purchase some BCH. You can do this at many reliable and trustworthy exchanges: Binance, Huobi, Changelly, Coinone, Bithumb, Bitfinex, and more.
You will also need a personal crypto wallet to store your BCG funds to send to and from the casino. Bitcoin Gold works with many reputable crypto wallets like Trezor, Ledger, Coinomi, Electrum, Exodus, etc.
Once your funds are ready, you can use your mobile app to scan the QR code for the easiest payment option. Otherwise, you will need to copy & paste the address across carefully, then enter the amount you need to send to cover the deposit in your crypto wallet.
Bitcoin Gold transactions work on an efficient network, and transactions are processed in 5-10 minutes. Once this is complete, your casino balance will be updated, and you can start playing your favorite games online.
When you’ve had a win, and you’re ready to withdraw, head back to the cashier, select Withdrawal, and pick Bitcoin Gold as the method. It will ask you to enter how much you wish to cash out and a BTG wallet address to send the funds to.
Once you have your winnings in BitcoinGold, you can use reliable exchanges like Binance, CEX, and Paxful to cash out into local currencies in 100’s of convenient local ways.
Bitcoin Gold offers a convenient payment method for those looking to play at crypto casinos in 2021. The Bitcoin fork offers faster payments than Bitcoin, with no fees, and on a network that doesn’t get congested. Depositing and cashing out from casinos is now as easy as 1,2,3, with Bitcoin Gold.
Cocos CasinoUP TO $150 WELCOME BONUS & 100 SPINSRestricted in United StatesTerms & Conditions
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For new depositing players only. 18+ to play & minimum deposit €10. Max stakes €5 & wagering requirements of 40x. Must complete within 7 days upon registration. Full T&C’s apply.Visit CasinoRead Review
Bitcoin Gold FAQ
Can I make a withdrawal using Bitcoin Gold?
Is Bitcoin Gold safe to use?
Is Bitcoin Gold the same as Bitcoin?
Are Bitcoin Gold casinos safe to play at?