Bitcoin is undoubtedly the most commonly accepted cryptocurrency in casinos. Additionally, some Bitcoin casinos also accept PHP fiat payments, making them top-tier options for Filipino players.
Some of these platforms are licensed, while others depend on Provably Fair certifications to demonstrate their safety. Below, you can use our search filter system to locate the ideal Filipino Bitcoin casino tailored to your preferences. Browse through our suggested platforms based on their bonuses, benefits for Filipino players, and much more.
No one can definitively say who invented Bitcoin, yet the pioneering cryptocurrency is frequently attributed to Satoshi Nakamoto in 2009. The initial mining on the blockchain is thought to have occurred in that same year, executed by Nakamoto himself. It was not until 2010 that the very first Bitcoin transaction transpired when Laszlo Hanyecz, a computer programmer, purchased two pizzas from Papa John’s for 10,000 BTC. Naturally, 10,000 Bitcoin had a significantly lower value at that time. Today, that amount would equate to millions of dollars.
By 2011, the value of Bitcoin was $0.30 per 1 BTC. By the conclusion of 2012, it had surged to $16. Merely two years later, as an increasing number of users emerged, Bitcoin’s worth escalated to $770. This rapid growth has led to a boom in the crypto industry as we know it, attracting mainstream media (and capital) to what was once a niche concept for select enthusiasts.
In spite of various fluctuations over the past decade, including attempted hacks, thefts, and notable individuals losing millions in inaccessible Bitcoin accounts, the world’s first cryptocurrency has continued to thrive. Each time the market was predicted to collapse, Bitcoin countered by increasing in value. Presently, 1 BTC has reached an all-time high price of $120,000, a stark contrast to its modest $0.30 valuation just fifteen years prior.
Using Bitcoin at online casinos is not as complicated as you might think if you know how cryptocurrencies work. Here is what you need to do:
Get Your Bitcoin Wallet
Obtain a Bitcoin wallet, either online or with hardware
Bitcoin Wallet Address or QR Code
Make sure you jot down your address, or you run the risk of losing your BTC. Or scan an address QR code.
Purchase BTC
Visit an exchange to purchase BTC using FIAT options or other cryptocurrencies
Once you are all set up with a Bitcoin wallet and BTC, you can head over to any online casino that accepts Bitcoin as a payment method. These may be cryptocurrency-exclusive casinos or conventional casinos that merely accept cryptocurrencies like Bitcoin as an available option.
Either way, we recommend sticking to casinos licensed to operate in the Philippines. Although crypto gambling does not legally require a license, it’s still a great safety net, ensuring fairness and reliability.
Assuming you have BTC in your wallet, here is how you can start depositing at a cryptocurrency casino today:
It is important to remember that not every Filipino online casino permits wagering in Bitcoin (BTC). Certain casinos that accept Bitcoin deposits may convert these funds into a fiat currency option, such as USD or PHP, at the time of wagering. A conversion fee might be applicable in this scenario.
Therefore, we advise you to verify that your chosen casino allows both deposits and withdrawals in BTC and enables you to withdraw using Bitcoin prior to engaging in play. That way, you can steer clear of any unwarranted exchange rates and fees.
Bitcoin is a global cryptocurrency, so you can use it in any nation, anywhere on earth. However, it is worth noting that there are discrepancies between countries which have fully legalized Bitcoin and those that have made it illegal, even if they cannot ban it. Most countries have not yet taken a stand on the legality of Bitcoin, one way or another.
In the Philippines, gambling using Bitcoin is not specifically recognised or addressed by the local gambling regulations. On one hand, this means that Filipino players can access leading crypto casinos from all over the world and not worry about legal complications or country restrictions. On the other hand, it also means that crpyo gambling offers limited legal protections, which is one of the main issues with it.
Bitcoin’s currency is shown as BTC, but there are several denominations. The highest is a Megabit (MBTC), and it is worth 1,000,000 BTC. This is followed by Kilobit (kBTC), Hectobit (hBTC), DecaBit (daBTC), and Bitcoin (BTC) itself, and they have values of 1,000 BTC, 100 BTC, 10 BTC and 1BTC. Smaller denominations include Decibit (dBTC), Centibit (cBTC), Millibit (mBTC), Microbit (µBTC), and Satoshi (SAT), with values of 0.1BTC, 0.001 BTC, 0.000001 BTC, and 0.00000001 BTC, respectively.
As a single Bitcoin is often a large sum of money, too large to gamble for most players, most online casinos prefer to use mBTC (Millibits) to bet with.
Bitcoin casinos in the Philippines often offer generous bonuses and rewards as an incentive for new customers. While this is true for any casino regardless of the currency used, it’s worth noting that BTC bonuses tend to be a lot higher due to the ease with which the blockchain handles large transactions.
Here are some of the best Bitcoin casino bonuses you can collect right now as a player from the Philippines.
Casino | Playthrough | Validity | Conditions | Rating / GO TO |
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5BTC or $500 + 180 Free Spins Up to $500 in matched deposit bonuses on your first deposit, plus up to 180 free spins for slots. $20 minimum, all bonus funds come with a 40x wagering requirement. New customers only. 18+. Please gamble responsibly. Full T&Cs apply. |
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Reload: 50% up to €/$100 + 30FS (Mondays) |
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5% Boost to All Bitcoin Deposits For a limited time only, you can increase every Bitcoin deposit by 5%. Only the bonus is subject to a 10x wagering requirement. Bonuses are added to your cash balance. 18+ only. Please gamble responsibly. Full T&Cs apply. |
Virtually every casino in the Philippines offers some sort of welcome deal or new player bonus, regardless of the currency used. However, top BTC casinos offer additional benefits such as cashback deals, reload offers, tournaments, promotions, rewards drops, and more.
Carefully selecting a casino to match your personal preferences and needs in terms of bonuses is key to a positive casino experience.
There are numerous reasons why one might opt to use Bitcoin to play casino games in the Philippines.
A key reason that many casino players prefer this method is the level of anonymity it affords. You can access any casino site from anywhere without having to worry about country restrictions or complicated KYC procedures.
Additionally, the remarkably quick transaction times they provide make them more attractive than e-wallets and bank transfers.
Bitcoin is increasingly favored among casino players as a growing number of games are now compatible with BTC. As more software developers ensure that their leading slots and even live dealer games can be played using the world’s most well-known crypto, the legitimacy of BTC as a viable casino currency continues to strengthen.
Let’s go through several advantages and disadvantages of using Bitcoin at online casinos in the Philippines:
Pros
Cons