Binance Casinos

The Inner Workings of Binance Casinos

Binance casinos enable you to use the Binance coins you already possess to place wagers and claim casino bonuses. You can also use the Binance Smart Chain network to claim your winnings, so you don’t have to worry about finding a different payment method. If you don’t have any Binance Coins at the moment, most modern online casinos will allow you to purchase them on the site by using fiat currency methods like Visa and Google Pay. To help you out with the step-by-step process of using Binance at an online casino, we created this guide:

1. Choose an online casino – Look through our selection of high-quality, high-security online gambling sites that operate under valid licenses and offer you the chance to use Binance.
2. Sign up – Once you have the ideal online casino for you, the next step is to create an account. Some crypto casinos only require an email and password, while others require you to provide your full name and address, too.
3. Verify your account – After creating your account, the next step is to verify it by confirming your email address. You can do that by clicking on the button sent to your email address.
4. Sign in – When you confirm your email, some casinos may log you in automatically, while others require you to log in on your own. Whatever the case, your next step is to access the account you created.
5. Access the cashier section – Modern online casinos typically place the cashier button in the top right corner on desktops and in the footer on mobile devices. Click on this button to gain access to all payment methods, including Binance Coin.
6. Input the required information – Choose BNB and then choose the network that you want to use, such as opBNB or Binance Coin(BEP20). Next, you need to either copy the deposit address or scan the QR code, if you’re playing on mobile, to complete the transaction. You can also use the Binance Pay network to purchase and deposit other crypto coins.
7. Confirm the transaction and enjoy – Once you input the deposit address and confirm the payment, you will only need to wait about 2-3 minutes for the casino to accept the deposit and add it to your account. With your crypto coins in hand, the world of casino games is your oyster.

Pros and Cons of Binance Casinos

The decision whether to join a Binance casino is important because it can affect the quality of your online gambling experience. In our quest to help you compare the advantages and disadvantages of Binance casinos, we created a list of the most essential pros and cons you can expect to encounter.

Pros

• Speed – Speed is one of the biggest perks of using cryptocurrencies like Binance Coin. The deposits and withdrawals, regardless of whether you use BNB or the BSC network to purchase another cryptocurrency, are almost instant. The waiting time for deposits and withdrawals alike is only 2-3 minutes.
• Privacy – Cryptocurrency’s biggest selling point, since its appearance, has been the complete privacy it guarantees. To transfer BNB or other coins through Binance Pay, you don’t need to provide your name, address of residence, or any banking information. You just need to paste the crypto address.
• Security – As Binance Coin, like all other cryptocurrencies, relies on blockchain technology to facilitate money transfers, it guarantees impenetrable security. This system was designed to be unhackable, so you won’t need to worry about having your winnings stolen.
• Availability – Binance Pay is available in more than 100 countries on all six populated continents. You can use it to transfer money in Australia, Canada, the US, the UK, South Africa, Japan, and Switzerland, among other countries.
• No transaction fees – As a general rule, cryptocurrencies don’t incur any deposit or withdrawal fees, so you won’t have to give up a cut of your betting budget or your winnings. That being said, if you use Binance Pay to purchase crypto coins so you can wager, you may have to pay a fee of around 0.10% of the transaction.

Cons

• Volatility – All cryptocurrencies, including Binance Coin, are quite volatile and prone to sudden changes in value trajectory. One minute, 1 BNB equals $600, and the next, it drops to under $100. And the next, it might be worth $1,000. This is a risk you have to be prepared for when using cryptocurrencies.
• Complexity – Binance Pay is not the easiest payment method to use at online casinos, especially if you want to purchase crypto coins through it. You may have to go through a long learning period.
• Regulations – Cryptocurrency gambling is still in its formative years, which is why there aren’t many regulations regarding it. This offers you a lot of freedom, but also a lot of insecurity, as countries and regions can choose to ban crypto in general or Binance Coin, leaving your winnings stranded.
• Limited responsible gambling options – Online crypto casinos tend to operate under offshore gambling licenses, which have less strict regulations regarding responsible gambling. You might find some spending limits and self-exclusion tools, but that is usually the extent of your options.

Binance Availability

You can legally use Binance to play in more than 100 countries in the world, making it one of the most commonly available cryptocurrency options. Even some countries that don’t recognize the Binance Coin still allow you to access the Binance Pay exchange and purchase, sell, and trade cryptocurrencies.

These are some of the countries that accept Binance:

• Europe: France, Spain
• Asia: India, the Philippines
• Oceania: Australia, New Zealand
• Africa: Egypt, South Africa
• South America: Argentina, Chile
• North America: Canada, USA

Binance Customer Support

Binance offers 24/7 customer support through its thorough help center, a readily available ticket system, social media, and live chat. Each of these methods can be helpful, depending on what you need assistance with, which is why you should know more about your options.

• Help Center – The help center has details about resetting your password, crypto deposits not arriving, and even appealing a KYC rejection. In this center, you will also find the latest articles, the newest features on the exchange, and the top 5 most commonly asked questions.
• Live Chat – The live chat option is available 24/7, and it guarantees responses within 2-3 minutes. The first contact is typically a chatbot, but you can ask for a real-life customer support agent if you prefer that.
• Feedback – If you have complaints or even suggestions about the operations of Binance Pay, this crypto exchange has a dedicated product feedback page. You can specify the area or the specific feature and leave public suggestions that other users can upvote and even comment on.
• Social Media – Binance Pay has an active presence on all of the prominent social media platforms, including Telegram, with channels for nearly every region. You can contact Binance representatives or communicate with other users on Twitter, Reddit, Discord, WhatsApp, TikTok, Instagram, and Facebook.

Binance via Mobile

Binance on mobile is perfectly suited to fast-paced gambling on the go. It is available for free on Android and iOS devices alike through their respective app stores. It has a 4.6/5 rating on the Google Play Store from 2.99 million users and a 4.6/5 rating from 45,000 viewers on the App Store.

The mobile app offers you constant access to all of the crypto coin rates, brand new updates, and the option to scan QR codes to complete transactions. Thanks to its modern design, this app has full optimization across all mobile devices, regardless of whether you download it to a phone or a tablet.

Similar Payment Methods to Binance

Binance is efficient, anonymous, and relatively accessible, but it does have its flaws. So, if you just want to expand your cryptocurrency options, we’ve reviewed several top-tier alternatives that you can use at online casinos. These are crypto methods that are just as quick and secure as Binance.

• Bitcoin: Bitcoin is the most prominent and readily available cryptocurrency out of all the options. It was first launched in 2009, but it didn’t have its big boom until 2013. Despite its initial volatility, Bitcoin has managed to reach a somewhat stable point since late 2021.
  Bitcoin is the cryptocurrency that you can expect to find at every crypto casino online, as it is legal in more than 115 countries across the world. You can use it to wager at online casinos, trade it for other currencies, and sell it when you feel the time is right. Bitcoin deposits and withdrawals are instant, and they have no transaction fees. Most importantly, they are completely anonymous.
• Ethereum: Ethereum is a decentralized blockchain that officially launched in 2015. Its stable release didn’t come until 2023, and despite the fact that it is still relatively new to the market, it is among the most popular crypto coins for online casino players.
  You can find Ethereum at most online casinos along with Bitcoin, as these are considered two of the biggest crypto coins online. The minimum deposit and withdrawal limits for Ethereum payments at casinos are around $20, and you generally don’t have to worry about maximum limits. The deposit and withdrawal processing times usually take 2-3 minutes.
• Tether: Tether, or as it is more commonly known, USDT, is a stable blockchain currency that launched in 2014. In the decade since, it has slowly but steadily grown into one of the go-to cryptocurrencies for online casino players as it guarantees privacy and efficiency that other methods don’t.
  Along with Bitcoin and Ethereum, Tether is one of the coins that you can regularly expect to find at online casinos. You can use Tether for instant deposits and withdrawals, and though the minimum and maximum limits vary, they are usually between $20 and $5,000 for deposits and $20 and $10,000 for withdrawals.
• Litecoin: Litecoin, which you may have seen as LTC, was first launched in 2011, with its latest launch being in 2023. It has a ceiling of 21 million coins and a generation time of 10 minutes. Although not as initially popular as the other currencies we already discussed, Litecoin is slowly but steadily building its user base, especially in Africa, North America, and Asia.
  1 LTC is equal to around $85 at the time of writing, though at one point its highest value was around $350. This may not seem like much compared to the other currencies, but if you were to hit a winning jackpot while betting with Litecoin, the sky is the limit. This coin has instant deposits and withdrawals, like all the other crypto coins.
• Dogecoin: Dogecoin is a so-called memecoin that its creators, Billy Markus and Jackson Palmer, originally developed as a joking response to the wild speculation surrounding crypto. Somewhere between its launch in 2013 and the attention Elon Musk drew to it in 2019, this coin established itself as one of the largest in the world. It has a daily trading volume of $1,109,230,968.60.
  Dogecoin, though not as prevalent, is still commonly available at online casinos that accept crypto payments. Like all the other cryptocurrencies, it offers you access to instant deposits and withdrawals without transaction fees. The deposit limits range from $20 to $5,000 per transaction, while the withdrawal limits can be anywhere from $20 to $10,000 or higher.
• Bitcoin Cash: Bitcoin Cash, also known as BCH, is a cryptocurrency that was first launched as a spin-off of Bitcoin. This project is designed to provide users like you with a fast and accessible network that allows more transactions per block than Bitcoin does, as it has fewer restrictions than its mothership.
  BCH has a conversion rate of about 1 BCH equal to $375 at the time of writing, and even though Bitcoin Cash isn’t as available as Bitcoin itself at online casinos, you can still find it and use it at a fair number of online casinos.
• Coinbase: Coinbase is a cryptocurrency exchange that operates on the same principle as Binance Pay, except for one key difference – it doesn’t have a coin you can trade. Although it has its own dedicated coin, $COIN, its value is similar to that of a stock or investment on the Coinbase exchange. You cannot trade it for cryptocurrencies, the way you can BNB.
  Coinbase is one of the two biggest cryptocurrency exchanges in the world, which is why you can use it to purchase crypto coins, trade the coins you have, and even sell coins. Some online casinos offer you a direct link to Coinbase, enabling you to purchase cryptocurrencies if you don’t own any.

Summary: Should You Use BNB For Your Casino Payments?

Binance Pay is an excellent choice for online casino players for two reasons. First, it has its own crypto coin, BNB, which you can use to deposit, wager, and withdraw at online casinos. In addition to Binance Coin, the Binance Pay exchange is a secure and efficient way for you to track the value of your coins, trade them, sell them, and buy new ones.

In fact, most online casinos that offer BNB as a coin also enable you to access Binance Pay from their sites so that you can use it to buy or exchange the coins you already have. Binance is known for its safety and speed, and so are the online casinos that offer it as a payment method, so you can pick any of the top 5 Binance casinos that made our list and make deposits in BNB or any other cryptocurrency.