Established in 2014. Bitcasino is one of the premier, leading online Bitcoin casinos. All rights reserved.
About Bitcoin
How do Bitcoin transactions work?
Bitcoin transactions send currency from one online wallet to another. First, the payee and the payer exchange a private key (a randomly generated number). The transaction then goes through a number of confirmations from 0 to 5. The most common number of confirmations is 1, however, more is recommended when sending larger amounts of bitcoins. However, it is worth noting that each confirmation takes about 10 minutes to complete in the Bitcoin network. Once completed, a transaction can be viewed by anyone in the blockchain, but no sensitive information is revealed.
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Bitcasino.io is owned and operated by mBet Solutions NV. It is licensed and regulated by the Government of Curaçao under the gaming license 1668/JAZ. Its wholly owned subsidiary, mProcessing Solutions Ltd, Cyprus, handles all EUR payment processing.
The site is powered by the Coingaming.io Bitcoin Sports and Casino Gaming platform and allows players to play with EUR and Bitcoins. The site is not an exchange and funds cannot be converted from EUR to Bitcoins.
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