Facts About Binance Coin Casinos
Binance coin is a cryptocurrency that arose from the Binance exchange, which originally began as an online exchange platform for trading other cryptocurrencies to play online casino games. Established back in 2017, within just one year, it had become the world’s largest trading site for crypto.
While you can also trade many other cryptocurrencies, such as Ethereum, Bitcoin and Tether, via the Binance platform. BNB (Binance coin) is Binance’s very own cryptocurrency and has risen to be one of the most popular payment methods at online casinos, especially across the numerous different crypto options.
Players can use their BNB to play all kinds of casino games, from exciting slots to table games and live dealer games. But, even just trading BNB directly on the Binance Exchange, as opposed to other crypto exchanges, will reward players with the potential to earn special discounts.
We recommend that players who choose to fund their casino accounts with Binance or any other cryptocurrency should be confident and knowledgeable about how the crypto and blockchain system works in general, as it will be vital to ensure that you are getting the best Binance coin for your buck.
Deposits & Withdrawals in Binance Casino Sites
The beauty of using a cryptocurrency such as Binance for your deposits and withdrawals is that it’s a quick, reliable and efficient payment method. However, to make Binance deposits, you’ll first need to have an account on the Binance platform and download the Trust Wallet, which is Binance’s official crypto wallet. Or alternatively, you can use another trusted crypto exchange. On your selected Binance casino, you can then select it as a payment method, input the required amount, obtain the deposit address and authorise the transaction. Your deposit will usually arrive in the casino funds instantly or at least in a few minutes.
With a Binance account already set up, the withdrawal process is as simple as, once again, choosing Binance coin as your preferred transaction method and entering the amount that you’d like to withdraw from your casino account.
Payout Times & Fees in Binance Casinos
When using Binance coin to fund your online gambling activities, there’s no need to worry about the transaction fees that fiat currencies can incur. Unless the specific casino you select chooses to add a transaction fee, which would be surprising, then there shouldn’t be any further fees charged to either deposit or withdraw BNB.
You’ll also have more freedom with the amounts that you can deposit and withdraw, as blockchain technology allows for a secure transfer of large amounts without limits. Although you’ll need to check the limits of the particular Binance casino that you select, as each casino will set its own maximum deposit and withdrawal limit based on its capacity.
Everything about Binance Casino Bonuses
While there are very few casino bonuses that are adapted specifically to Binance, there are many of our selected Binance coin online casinos that have some worthy promotions to take advantage of. Players should check whether a deposit bonus, free spins or other alternative bonuses would suit their game better when playing with crypto.
Checklist: Before you Choose a Binance Coin Casino
While we have whittled down to some of the best BNB casinos in the industry, not all of them will suit your particular needs. As each player will have slightly different preferences or requirements, it’s important to check through certain features of a casino before beginning to play there. Reviewing these aspects of a casino also helps you to decide whether there is anything you may need to adapt or modify to maximise your casino experience.
The elements below are what we consider to be the most important when choosing a Binance online casino, although some may be more significant for you than others. However, by using this checklist, we are sure you will find a casino platform that provides you with the most valuable casino journey.
Trustworthiness
Without trust in the casino operator, it’s not worth transferring a coin of your BNB. Knowing how to ensure you can trust a casino can be difficult though, but the first step is to check the casino’s license and security protocols across the platform. By ensuring that the casino has an official license, you can be assured that they need to maintain high standards for players and provide a fair gambling environment.
A further advisable step for checking the reliability of a casino is to take a look at the reviews from other customers. On Casino Bee, we have the facility for any player to leave a positive or negative review so that potential customers can see what the general view of that casino is.
Country Specific
We advise finding specific BNB casinos which accept players from your country. Although it is possible to bypass some casinos using a VPN if they don’t let players from your country use the site, this is then leaving you vulnerable to having your winnings held by the casino according to KYC procedures.
Luckily, it’s easy to find plenty of Binance coin casinos that allow players from different countries. On Casino Bee, the casinos which are recommended to you have been selected according to the country you are accessing our site from. Therefore, you’ll automatically be given the top Binance coin gambling sites for your area.
Casino Games Available
A good quality crypto casino should have a worthy selection of games to offer its players. So, when checking out the rest of the platform, it’s crucial to take a look at the library and see what Binance casino games are available. This includes making sure that the casino has a good variety of your favourite game providers.
We also suggest looking for other casino games too, whether you’d like to give Binance blackjack a go or prefer to sit down at the live casino games tables. Gambling platforms with a good variety across the board generally provide a better quality experience. Futhermore, you can check casinos with sportsbook if you are into sports betting options.
Payment Limits & Speed
While in general, blockchain transactions are completed within minutes, and many are instant. Each Binance coming gambling site will have its own limitations on both the amount you are able to deposit and withdraw and the time it will take to complete.
It’s easy to check what those limits will be on the individual gambling platforms; the information can usually be found on the payments section of the website or alternatively in the terms and conditions. Keep in mind that while some casinos may offer instant transactions, there may also be other factors that could slow it down, such as finishing verification and AML processes by sending in your official documents.
Bonuses & VIPs
For some, when beginning the search for new casino sites to play at, the promotions aren’t even considered. But, for others, they are the main draw. While it’s easy to get distracted by the shiny offers from some casinos, it’s important to take a closer look at exactly what’s included (and not) in a casino bonus.
Casinos that accept Binance usually have a good selection of promotions for players, including the welcome bonus, some reload offers, free spins and no wagering bonuses. Many also have an attractive VIP program to incentivise players to stay. For each of these, players should check the wagering requirements and conditions before activation.
Provably Fair Games
Due to the security afforded by blockchain technology on Binance coin casinos, the operators can guarantee that the games on the site are provably fair games. This means that compared to traditional casinos, the games on offer are at less risk of manipulation and scams.
Players are able to directly verify the fairness of a game due to the open-source algorithm that the games are built on. This technology cuts out the need for third-party auditing for fairness but maintains that casinos are unable to modify or alter the games in the house’s favour.