Best Bitcoin & Crypto Casinos Slovakia 2024

Top Bitcoin Casinos Slovakia

In 2019, Slovakia legalized international online casinos that offer slots and casino games. Since then, Slovak players have increasingly moved from land-based casinos to online casinos. Bettors enjoy the convenience of playing online and are always looking for new and exciting games.

Crypto casinos aim to give players the ability to use cryptocurrencies as payment methods, but they also offer crypto games. Developers built these games using blockchain technology and so, offer something new and different from conventional casino games.

In this article, we will take an in-depth look into the world of crypto casinos. We will cover how to choose the best ones, what are cryptocurrencies, the history and regulations governing online casinos in Slovakia, and finally, what the future holds for these casinos. Read through this article to find out more about crypto casinos in Slovakia. Once you have done that, why not take a look at our list of the best crypto casinos in Slovakia:

What makes cryptocurrencies popular in online casinos in Slovakia?

Cryptocurrencies have become incredibly popular since the launch of Bitcoin in 2009. Some people believe that they have the potential to replace fiat currencies. This is because they have several technical advantages over fiat currencies. For example, they have very low transaction fees, can be traded almost instantly, and offer users anonymity.

These are also the reasons that cryptocurrency is so attractive to crypto casino players in Slovakia. Players like the fact that you don’t have to give a lot of personal details to have a crypto account. They also like the fast transactions and low fees. Crypto games themselves add to the draw of crypto casino sites.

Choosing the best crypto casinos in Slovakia

Once you have decided to sign up to a crypto casino in Slovakia, it is really important to get a good one. It is not always easy to know if a casino is legitimate or not. However, it is very important to play at a reputable casino, as then you have some assurance that your money and data are safe.

Here are some of the things to look out for when you’re trying to find the right casino for you.

Check the casino license

Internationally recognized bodies license casinos that operate legally. These bodies carry out regular audits of the casinos. This means that the casino has to keep clear financial records and adhere to responsible gambling principles.

The most well-known licensing bodies are the Malta Gaming Authority (MGA), Gibraltar Gambling Commission (GGC), the United Kingdom Gambling Commission (UKGC), and Curaçao Gaming Control Board.

Crypto casino sites should display the logo for the license they hold on their site. Players can usually find it in the footer. However, sites that don’t hold a license should not be trusted and players should be wary of them.

Which cryptocurrencies can you use?

Naturally, if you’re looking to find the right crypto casino in Slovakia for you, it’s essential that they take your chosen cryptocurrency. Many Bitcoin casinos, for example, will only take Bitcoin. Therefore, it’s important to look at the casino’s payment options. Check that the casino can use the currency you hold as a deposit method. Also, sometimes a payment method can be used to make deposits but not withdrawals. So, it’s vital to check that you have ways to deposit and withdraw your cash.

Does it offer promotions and bonuses?

Everyone wants to be rewarded for choosing to play at a casino, and casinos know this. Therefore, many crypto casino sites offer fantastic promotions and bonuses. Promotions are available to players who have already joined the casino. They can happen throughout the year. Often, they center around a new game or a time of year.

Casinos use bonuses like welcome bonuses to reward players. A welcome bonus rewards the player for signing up at the casino and making their first deposit. The reward is usually in the form of money and free spins. Players should look out for other bonuses too, such as referral and reload bonuses.

Does it have a good selection of games?

Having a great selection of games is crucial to the success of crypto casino sites. After all, it’s no good having a fast, beautifully designed site if it has very few games on it. It’s worth taking the time to look around the site before you sign up to check out the games on offer.

Crypto casino sites in Slovakia often have specialist crypto games. These games are not the same as slots or table games. Developers use blockchain technology to build them, and they can be a lot of fun. Keep an eye out for games such as Blankos Block Party, Ember Sword, and Splinterlands.

What are its customer support options?

This may not be the first thing that comes to mind when you’re thinking of signing up to crypto casinos sites or Bitcoin casinos. However, it is hard to overstate how important it is. Players need to be able to get in touch with the casino 24/7.

Crypto casinos in Slovakia should at least have a comprehensive help section. This is a great way of finding quick answers to straightforward questions. On top of this, there should be a way of contacting customer support agents. This can be through email, which can be slow. A better method is a 24/7 live chat. That way, a real person can answer questions at any time. The best type of customer support is a phone line, but this is not often available.

What steps does it take to be fair and secure?

In today’s online casino world, fairness and security are essential parts of crypto casino sites. Crypto casinos in Slovakia should use the most up-to-date security technologies to protect players. There should be at least 128-bit SSL encryption used to send and receive data. Servers need to be secure and all software should be updated regularly.

Additionally, games need to be tested for fairness. International third-party organizations such as eCOGRA are responsible for testing games. They test the Random Number Generator (RNG) to make sure the games are truly random. Therefore, look out for the eCOGRA logo on crypto casino sites.

How to sign up to crypto casinos in Slovakia

Joining crypto casinos in Slovakia is basically the same as joining fiat currency casino sites. Players must be over 18 years old to join and have to make a minimum deposit using the currency of their choice. Here are the three simple steps that need to be taken:

1. Buy cryptocurrency – players can do this by using one of the many crypto exchanges. They can also use the E-wallets on the exchange sites to store their crypto;
2. Find the right crypto casino – use our points above to assess each casino. Also, check that the casino uses the crypto that you hold;
3. Sign in and make your first deposit – go through the site’s registration process. Then go to the deposit section and find the crypto that you use. Follow the instructions on the site to make your first crypto deposit.

In many ways, using cryptocurrency is very similar to using other E-wallets such as Neteller and PayPal.

Insights

Cryptocurrencies have created a whole new way of moving money around. These digital or virtual currencies have a number of advantages over fiat currencies. Players like the fact that they give anonymity, there are low transaction fees, and they can make almost instant payments. Let’s take a look at how and why cryptocurrencies have been able to offer these advantages over fiat currencies.

Overview of cryptocurrency

When the person or group, Satoshi Nakamoto, launched Bitcoin in 2009, he created a whole new type of currency. This digital or virtual currency had the expressed purpose of correcting some shortcomings of fiat currencies. Bitcoin aimed to free the currency of the control of banks or governments. It also aimed to create an electronic payment method that was not based on trust like fiat currencies, but on cryptographic proof. This would make it more secure and trustworthy as all transactions are traceable and cannot be changed.

This is why these currencies are so attractive to players in Slovakia. Let’s look at the three main advantages of crypto for players:

Privacy and security

There is no need to use your personal details when using them as a payment method at crypto casinos in Slovakia. All you need is the address of your E-wallet. Also, transactions are very secure because of blockchain technology.

Low cost

Because there are no middlemen like banks involved, transactions have very low fees, if any.

Fast transactions

Cryptocurrencies are digital and do not involve third parties. Therefore, transactions can be carried out almost instantly.

What is blockchain technology?

Anyone interested in cryptocurrency would have heard of this technology. However, some may not understand what it is and what its role is in digital currencies. Blockchains are basically public ledgers, otherwise known as databases. They are created and stored on peer-to-peer decentralized computer networks. The great advantages of blockchains are that they prevent coins from being spent more than once (double spending) and coins cannot be copied.

Individual computers on these networks work together to solve complex cryptographic hash puzzles, which then combine together to make blocks. The process of solving these puzzles verifies transactions and, in some cases, creates coins. For example, Bitcoin is built on the Bitcoin blockchain. Bitcoins themselves are created by solving these problems and the process is known as Bitcoin mining. However, other coins such as Tether are released by the company that owns them.

Are crypto casinos legal in Slovakia?

The short answer is yes, they are. Slovakia is regarded to be a European country that has quite lenient rules governing online gambling. In the following sections, we will review the history and regulations of gambling in Slovakia.

History

Since Slovakia received sovereign status in 1992, most forms of gambling have been legal. The country runs a large lottery called TIPOS. It had a monopoly on online games until 2019 when new legislation was bought in. The market is now much more open to international and local crypto casino sites.

Regulations

In 2005, Slovakia bought in the Gambling Act. This act placed restrictions on ‘Internet Games’, limiting them to the state-run lottery, TIPOS. However, in 2019, the Act was updated and Slovakia created the Gambling Committee which is part of the Finance Ministry. This committee can grant licenses and oversees crypto casino sites in Slovakia.

What’s in the future for crypto casinos in Slovakia?

The future looks quite favorable in Slovakia. By updating The Gambling Act and creating the Gambling Committee, there are positive signs for gambling in Slovakia. The online market is continually growing. Players are increasingly moving away from land-based casinos and enjoying the convenience of online gaming.

FAQs

Here are a couple of commonly asked questions about crypto casinos in Slovakia.