Best 10 Bitcoin Live Casinos in Malta

What are some of Malta's best bitcoin live casinos that fans of live dealer games can join? Bitcoin (BTC) has constantly been hitting the headlines since its inception. It is undoubtedly among the most popular cryptocurrency payment options, with crypto punters all over the globe embracing it.

Bitcoin is accepted in various live online casinos for its safety, reliability, and anonymity. However, with many live online casinos in Malta accepting Bitcoin payments, punters should always ensure they play at credible establishments. In this case, punters must make sure that they play at casinos licensed and regulated by the Malta Gaming Authority.

Bitcoin's versatility has undoubtedly caught the eyes of live casino players; indeed, analysts have every reason to suggest that it could be the most impactful aspect of the crypto craze in the Maltese online gaming landscape.

We will share the best Maltese casinos that accept bitcoin, and importantly, the popularity of this cryptocurrency among gamblers from the Mediterranean archipelago.

Many casinos in Malta accept bitcoin, but not all are to be trusted. For players who are not sure which are the best live casinos to join, experts have done the heavy lifting by listing all the top-rated Maltese bitcoin casinos offering live games. Some of the factors they considered include the credibility of the casino, available games, bonuses, and support options.

Best 10 Bitcoin Live Casinos in Malta
About BitcoinBest Live Casinos with BitcoinIs Bitcoin Popular at Live Casinos in Malta?
About Bitcoin

About Bitcoin

Bitcoin is a digital currency and based on a peer-to-peer payment system developed on an open-source platform. It was initially launched in 2009 by an anonymous entrepreneur/programmer named Satoshi Nakamoto. Bitcoin is synonymous with uncertainties, like any other cryptocurrency, and these fluctuations are expected.

Bitcoin is a decentralized payment system. This essentially means that it is not pegged on a central bank such as the Federal Reserve. This digital payment method only serves the peer-to-peer marketplaces, meaning that it is only transferable between users with Bitcoin addresses. Addresses are essentially a series of letters and numbers containing 27 to 34 characters.

How Bitcoin Works

A Bitcoin is essentially a computer file stored on a smartphone or computer. To comprehend its workings, it helps to understand the following terms and some bit of context:

  • Blockchain: A public ledger containing a permanent record of every transaction, making it almost impossible to reverse and fake transactions.
  • Bitcoin wallet: Synonymous with physical wallets, Bitcoin wallets are used to send and receive Bitcoins. Wallets can be either hot or cold. Hot wallets are connected to the internet, whereas cold wallets are not.
  • Private and public keys: These keys are employed in digital wallets to allow users to initiate and authorize digital transactions.
  • Mining: This is the act of validating Bitcoin transactions. Miners usually employ super-fast computers and are rewarded with Bitcoins for their efforts.

Bitcoin offers several standout benefits, key among them being that transactions are entirely free and have no intermediaries. Also, Bitcoin users do not need to have bank accounts. The only requirements are an active internet connection and an associated address on Bitcoin's blockchain.

About Bitcoin
Best Live Casinos with Bitcoin

Best Live Casinos with Bitcoin

Plenty of live dealer online casinos in Malta accept Bitcoin payments. Any punter keen on playing live dealer games from any Bitcoin casino in Malta ought to, at least, start by setting up a digital wallet.

Plenty of Bitcoin wallet sites are willing to serve punters; it is only a matter of choosing the best option. Choosing the best wallet is all about ensuring that the provider has what it takes to effectively secure and backup the wallet.

Upon setting up an account, the next step is to obtain Bitcoins. Players can buy coins from an online exchange. Ideally, there are international exchanges as well as country-specific ones.

Finally, once a player receives their BTC, the next step is to spend them at their casino of choice. The good thing about this is that the best online casinos go to great lengths to ensure that the process is secure and fast.

Depositing With Bitcoin at Live Casinos

Before depositing at any live casino, the first step is to locate a provider that accepts Bitcoins as a payment method. Upon finding the preferred live casino, the next step is to sign up with them.

Next, the player should add their unique Bitcoin address to their account. This address can be used to send funds from the Bitcoin wallet and vice versa. The personal Bitcoin address can be revealed by clicking on the show button just below the main address. Alternatively, players can use the QR code and scan it using their smartphone.

Deposits are completed by visiting the cashier's section and choosing Bitcoin as the preferred payment method. The casino will then redirect the player to their Bitcoin wallet. What remains for the player is to copy the address or scan the QR code displayed to complete the deposit.

Bitcoin Deposit Limits and Processing Times

Bitcoin deposits should be instant. However, the deposit times take around 10 minutes on average, considering that the transactions are pegged on various factors such as transaction fees and network activity. Punters have to accept this delay because every transaction is subject to a series of verifications before it is cleared. This processing time also acts as a safeguard against fraud and reversals.

There is a minimum and maximum as far as deposit limits are concerned. Considering that most punters, especially high rollers, might be interested in maximum amounts, this limit is usually determined by various factors, key among them being the casino and country of residence.

Best Live Casinos with Bitcoin