An In-Depth Guide To Binance Casinos

Crypto casinos had implemented decentralised assets to such an extent that transferring money at Binance casinos is easier than ever. The good news is that there are plenty of BNB online casino options out there if you’re keen to play with your favourite digital currencies. On this page, we cover everything you need to know about navigating Binance and getting started at online crypto casinos.

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List of Top-Rated Binance Casino Sites Reviewed By Us

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Introduction

Introducing The Binance Exchange Platform

binance online casinosBinance is a one-stop shop in that it is both a crypto wallet and a centralised cryptocurrency exchange platform. Founded in 2017, today it is one of the biggest exchanges when it comes to trading volume. The platform was founded by a Chinese citizen, Changpeng Zhao in China, before moving to Japan as a result of regulation changes and finally settling at its current headquarters in Malta. Binance started off with only the most popular coins like Litecoin, Bitcoin and Ethereum but today you can trade in nearly 600 different crypto coins.

Binance is great for beginner crypto fans, offering an Academy where you go through tutorials and learn everything you need to know about the platform and trading crypto to get you started.

The company owns a stablecoin, too, called BUSD; owns it owns a cryptocurrency called Binance Coin (BNB) and offers a Binance credit card. So, if you’re keen to play at the best Binance casinos around, you’re covered.

 

Binance.com

Thanks to the steady flow of coins from ICO launches to altcoin listings, this platform makes sure users have early access to brand-new coins. You can also take part in trading competitions and score some earnings while creating liquidity in new coins. Trading fees on the platform are low, and they get cheaper if you use the Binance coin.

The DEX – Decentralised Exchange

Binance manages to avoid security breaches with the help of its Decentralised Exchange (DEX). DEX runs its own blockchain and uses the BNB. As a result, the exchange doesn’t hold your information or funds. Rather, your funds are held in your own wallet.

How Binance Casinos Work

How Do Online Binance Casinos Work?

BNB online casinos operate the same way other online crypto casinos do, with most supporting more than just one type of cryptocurrency. However, the Binance coin can also be used as a way to fund your casino account, place wagers and withdraw your winnings.

You can purchase Binance coins directly from the exchange to play at online casinos, claim bonuses and play your favourite games.

Are Binance Casinos Legal?

It really depends on where you live and the legislation around cryptocurrencies and online gambling. There are regions where online crypto casinos are gaining popularity. The leading Binance casinos that we recommend offer safe and secure platforms thanks to measures like two-factor authentication and SSL encryption. They’re also fully licensed and regulated by reputable gambling authorities.

Setting Up An Account

Setting Up A Binance Account

To buy BNB coins and trade on the Binance exchange, you need to register an account. It’s as easy as entering your email address and then verifying your account.

1

Complete The Registration Form

Before you make a deposit or purchase cryptocurrencies, you’ll need to enter basic information like your address, full name and date of birth. You will then be asked to upload a government-issued photo ID along with a selfie for verification purposes. This is called Level 1 of the account verification process. The more levels you complete, the greater the rewards and functionality.

2

Verify Your Binance Account

Complete the identity and address verification. For this, you’ll need to supply a utility bill not older than 3 months with your name and address on it. This is level 2 of the Binance account verification process.

3

Purchase Cryptocurrencies

Before you get started at online Binance casinos, you’ll need to purchase crypto. Once you’ve set up your Binance account, you can buy and sell a variety of cryptocurrencies, including BNB to use on your favourite Binance gambling platforms. To purchase crypto, you’ll need a debit or credit card. Or you can head to the Binance P2P exchange to trade with other users.

Availability and Limits

Binance Availability and Limits

The Binance Coin often appears in the top five when it comes to cryptocurrency trades and transactions. There is a cap, though. Only 200 million BNB may be produced in its lifetime. Don’t despair, though. Binance often performs burns to keep the total in circulation well under that limit.

One exciting benefit of buying and trading Binance coins is that you can look forward to prize giveaways and bonuses. For example, when you make a trade on the crypto’s Futures markets, you stand to earn your share of a cash prize jackpot. You can also enjoy up to 25% off on fees when trading BNB online. What’s more, BNB miners can use the Binance Pool to claim earnings on a daily basis. So, playing at Binance casinos means you can look forward to benefits both on the casino’s side and from the trading platform.

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Limits

Trading limits and the functions you can access in Binance all depend on the level of the account verification procedure you’ve completed:

  • Level 1 – you can make transactions of up to $5,000 per day.
  • Level 2 – you can make transactions of up to $10,000 per day.

If you want to increase your daily limit beyond $10,000, you’ll need to get in touch with Binance’s customer support team with your request.

One of the reasons Binance is such a popular trading platform and crypto wallet is its low fees. The exact trading fee varies depending on your VIP level, with higher levels enjoying lower fees. The platform also offers an extensive Peer to Peer payment network to help keep costs down.

Binance Fees

Binance Platform Fees

Type of TransactionFee
Fiat currency depositsFree
Withdrawals – flat feeDepends on cryptocurrency. For example, 0.0005BTC
Credit card purchases2%
Trading fees0.1%
Friend referral20% discount
BNB in account25% discount on fees across the site

Deposits and Withdrawals

Easy Binance Casino Deposits and Withdrawals

Funding your account at Binance casinos and withdrawing your winnings is user-friendly, intuitive and simply, a pleasure. Keep in mind that you will incur a low trading fee on all transactions made using the Binance exchange – but this benefits you by leaving more cash to play your best online casino crypto games. Here’s how it works:

  • Choose one of the top Binance casinos on this page and register an account.
  • Log into your account and head over to the cashier to make a deposit or request a withdrawal.
  • Fill in the details of your Binance coin wallet.

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That’s all there is to it. Deposits are instant, while withdrawals can take a few minutes to process depending on the casino and the network. Remember different operators also have different requirements when it comes to minimum and maximum deposit and withdrawal amounts, along with wagering requirements.

Another benefit of playing at Binance casinos is that most platforms won’t charge additional fees for deposits. What’s more, players can look forward to free spins, welcome bonuses and other exciting crypto casino offers.

There are a few things to mention regarding Binance casino withdrawals. There are a few crypto casinos that charge low transaction fees for withdrawing your funds. Processing withdrawals can take up to 48 hours to complete.

Pros and Cons

The Pros and Cons of Gambling with Binance

Pros

  • Backed by its own crypto exchange
  • Isn’t extremely high in price
  • Low fees
  • Casino bonuses and promotions for crypto players
  • Rewards for active traders
  • Range of deposit options
  • The account opening process is quick and easy
  • Hundreds of cryptocurrencies to choose from
  • Advanced and basic trade setups
  • Secure multi-currency crypto wallet
  • Extensive educational resources
  • Anonymous transactions

Cons

  • Not available in all countries or casinos
  • Transaction fees may apply
  • BNB coins are subject to fluctuation

Benefits of Binance Casinos

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The Benefits Of Playing At A BNB Casino Online

Binance offers players and crypto traders a new way to gamble online. There are also a few other benefits over traditional online casinos that serve to enhance the gaming experience and bring a range of new features.

Easy, Quick Payments

Binance accepts multiple payment methods, which instantly adds to the accessibility of Binance casinos. You can make deposits and cash out in a few quick steps using your preferred payment method without the need for any high-tech knowledge. You can even do it all from your mobile device.

Anonymous Transactions

In general, the design of cryptocurrencies offers a lot of anonymity, and that includes the Binance coin. The details of your transactions to and from Binance casinos are not as transparent and traceable as with fiat, credit card or bank payments. To complete transfers, all you need is a crypto wallet address. Some casinos may ask you to complete an ID verification process for withdrawals, but this differs from one operator to the next.

Fast Ways to Pay and Play

As we’ve mentioned, the speed of transactions to and from Binance casinos and the exchange is a big plus. Deposits are typically instant, while winnings can be cashed out within minutes, or 48 hours waiting time at most.

A Legal Way to Transact

Thanks to the growing acceptance of cryptocurrencies and online gambling, more and more countries are making gambling at Binance casinos legal. There are, of course, still plenty of countries where Binance coin gambling is restricted, but the rise of blockchain technology leaves the future hopeful for some countries. Just remember to check out your country’s legalities around online gambling and cryptocurrency before you play at Binance casinos.

Top-Notch Security

It goes without saying that cryptocurrency transactions are more secure than regular fiat currencies. The elaborate blockchain network allows for reliable transfers with the safety of nodes. All the top online Binance casinos and wallets for BNB coins boast first-class safety features and measures to keep all your information cryptic and secure from potential threats.

Decent Availability

In countries where Binance gambling is regulated and legal, the list of reputable crypto casinos is long. You can choose from the best online crypto casinos throughout the year without having to worry about currency and conversion issues or governmental compliance. Since the platform itself is backed by the Binance blockchain networks, there are no obstacles in terms of availability.

Tips for Binance Casino Players

Tips for Choosing A Binance Casino Platform

TipExplanation
Restricted CountriesChoose a site that accepts players from your country. You’ll find a list of restricted countries on a casino’s website. If your favourite site won’t accept you, you can always access it via a VPN.
Trust and ReputationOnly play at licensed online Binance casinos that have scored positive reviews from players. Look for sites that offer around-the-clock customer support.
Variety of GamesOpt for online Binance casinos that offer a variety of crypto games, including slots, poker, baccarat, roulette, blackjack and even Live Casino games. It’s also a plus if they offer free or demo mode options so you can try games before making an investment.
Payouts and Withdrawal SpeedsSome crypto casinos will process withdrawal requests immediately while others can take anywhere from a few minutes to a few days to process payouts. Withdrawal times also depend on verification procedures, which differ between operators.
Bonuses and Loyalty ProgrammesThe best Binance casinos will offer a variety of bonuses, including reload offers, welcome packages, match deposit bonuses, cashback and free spins. They’ll also offer regular rewards and perks for loyal and VIP players.
Provably Fair GamesYou’ll find the same games and features on crypto sites as you would on traditional online casinos. They only team up with reputable software developers and use Random Number Generators and other measures to ensure fair gameplay, fair payouts and random outcomes.

Conclusion

Take A Bet On Binance Casinos

Are you ready to get started at the biggest and best online Binance casinos? Provided you play at licensed and secure crypto casinos, like those we recommend, and you have cryptocurrency on the Binance network, you’re good to go. With so many benefits and very few downfalls, it’s easy to see why more and more digital currency gamblers are turning to Binance for their online gambling transactions.

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