Bitcoin Sweepstakes Casinos - Guide to Purchases and Redemptions using BTC

Bitcoin Sweepstakes Casinos - Guide to Purchases and Redemptions using BTC

In a steady fashion, the number of Bitcoin sweepstakes casinos is on the rise. This means that advocates of the king of cryptocurrencies have a growing number of sweeps sites that accept this payment option for purchasing Gold Coins and redeeming SC.

Although we all know that social sweepstakes casinos are free, players still need to consider the banking options for two reasons. The first is to purchase extra Gold Coins, should they desire, and the second reason is as a method of redemption.

While USD bank transfers still dominate this space, there are multiple reasons why Bitcoin sweepstakes casinos are on the increase.

In addition to assessing the pros and cons of using BTC sweeps casinos, our extensive guide explains how players can purchase coins and make redemptions using this cryptocurrency. Also, we’ve handpicked the best sweepstakes sites that support Bitcoin, so you know where to play.

SweepsKings treats readers like royalty. Our team works around-the-clock to source you with honest and in-depth information on sweepstakes casinos. Our reviews, guides, bonuses, and coverage are based on hands-on testing and 100+ years of combined industry experience.

We may receive financial compensation if you play at the legal sweepstakes gaming sites we advertise. Still, our content remains impartial to financial or outside influence and is guided solely by our ethos, research, and industry knowledge.

SweepsKings Recommended Bitcoin Sweepstakes Casinos

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50,000 Gold Coins + 5 Sweeps Coins
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Up to 1000 Gems No Deposit + 50% Bonus
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Bitcoin Sweepstakes Casinos 101

Often referred to as digital gold, Bitcoin is the original cryptocurrency. Such is its dominance within the crypto markets, when its price moves, a large percentage of the other digital assets follows suit. Now regarded as a reliable form of value exchange, Bitcoin is recognized as a highly-secure and private payment method in many sectors, including online sweepstakes casinos.

The anonymity of Bitcoin transactions is one of the reasons why many people opt to use this digital asset for purchases. Admittedly, BTC is still viewed negatively to some, but the white paper from which it originated highlights that this blockchain technology is the right way forward for trustless payments. Furthermore, it is borderless, so you can use Bitcoin sweepstakes casinos wherever you reside.

What We Like About Bitcoin

Despite being launched in 2009, Bitcoin is still regarded as an emerging payment system. However, these are some of the primary reasons why it is a sound option for sweepstakes players who want to purchase coin bundles.

  • Highly Secure: Using Bitcoin means players do not need to share any personal banking information with the sweepstakes casino operator. For coin purchases, the BTC is sent to your account wallet, and for redemptions, players simply provide a wallet address to receive the BTC. In addition, transactions are immutable, providing more transparency, particularly in the event of a dispute.
  • Private: You do not need to share your name to send and receive Bitcoin, as all transactions are wallet-to-wallet. For players who value their privacy and also do not want others to know what was purchased, Bitcoin is the perfect payment method.
  • Might Not Be Taxed: While there have been great strides in classifying and regulating Bitcoin, it hasn’t been universal. Therefore, Bitcoin redemptions may not be taxed in all US States. Of course, it’s the responsibility of the player to understand the tax laws in their State, so this is something to ask before joining a BTC sweepstakes casino.
  • Fast Redemptions: A key feature of Bitcoin sweeps sites is that they typically process redemption withdrawals within 1 to 24 hours. Compare this to redeeming prizes via a USD bank transfer that can take up to ten days, and you see the benefit.

What We Like A Little Less About Bitcoin

  • Price Volatility: Although Bitcoin’s price is less volatile than it once was, it can still drop 5% in the blink of an eye. That said, its price can rise as well. If you’re serious about Bitcoin sweepstakes casinos, you must accept the risk of its volatility.
  • Network Fees: Users must pay a ‘gas fee’ to make a BTC transaction. It all depends on how busy the network is as to how much the fee is. Saying that, players can set the fee themselves, but if it’s too low, the transaction could take hours or it might not go through at all.
  • Not as Popular as Other Methods: Bitcoin has a long way to go to compete with other payment methods, such as e-wallets and wire transfers. This means players who want to use BTC have a restricted number of US sweeps casinos to choose from.
  • Speed: This is a gray area because Bitcoin transactions can be fast, but there are several variables to consider, such as where the BTC is sent from, how much you want to pay in gas fees and network traffic.
  • Need to Buy/Sell: To use BTC, you must buy some. Usually, this is from an exchange, which means creating and funding an account. After that, you can buy some Bitcoin. Newcomers to crypto need to clear these hurdles first.

Finding the Best Bitcoin Sweeps Casinos

Bitcoin sweepstakes casinos are still somewhat niche, so there aren’t as many sites to explore. However, that doesn’t mean SweepsKings is any less thorough in its selection process and criteria. We still analyze a variety of factors to ensure we provide our readers with the best legally compliant operators. Among the things we inspect are:

Coin Bundles - Variety and Cost

Unlike a real-money casino where you can deposit $10, $11.33, $55.55, or whatever amount you want (within certain limits), players at sweepstakes casinos must buy pre-arranged coin bundles. Therefore, sites with plenty of different packages are better as they cater to everyone’s budget.

Other Payment Methods

If the network fees are too high for Bitcoin, another crypto, such as XRP, might be worth considering. We delve into the alternatives so you know all the options upfront.

Redemption Times

Bitcoin social casinos have had a huge impact on redemption times, with the leading brands processing requests to redeem coins instantly. We look for sites that offer fast payouts because every player wants their winnings as quickly as possible.

Redemption Limits & Fees

Another feature that we investigate is redemption limits. The best options for players are casinos with low minimum and high maximum redemption limits. Furthermore, the BTC sweepstakes casino is likely to charge a gas fee. In this case, lower is better because it eats into your winnings.

How to Play at Sweepstakes Casinos Using Bitcoin (BTC)

As touched upon, to purchase Gold Coins with Bitcoin, you need to get some BTC. You can do this in several ways; however, we’d recommend using a reputable exchange, such as Coinbase.

Here’s a quick guide to buying Bitcoin on Coinbase:

1. Go to Coinbase.com

2. Register an account and get verified

3. Select ‘Buy’ and choose Bitcoin (BTC) from the asset list

4. Enter the amount, either in BTC or USD, you’d like to buy

5. Select your preferred payment method

6. Preview your order and click ‘Buy’ to complete the transaction

7. The BTC will be added to your Coinbase wallet

With some Bitcoin in your wallet, you’re all set to get the best experience from one of our recommended sweepstakes BTC casinos. Follow these steps to get started:

1. Register an account at your favored Bitcoin sweepstakes casino if you haven’t already.

2. Click on ‘Buy Coins’. The wording varies depending on the casino, but you know what to look for.

3. Look through the various coin bundles and choose one that fits your budget.

4. Select Bitcoin as your payment method. You’ll be shown the wallet address, which you must copy.

5. Go to Coinbase or wherever your BTC is stored and send the required amount of Bitcoin to the wallet address you previously copied.

6. Depending on your gas fee and network traffic, your coins should be available to use within 5 – 10 minutes.

Purchasing Gold and Sweeps Coins with Bitcoin

As you learn more about each Bitcoin sweepstakes casino, you’ll discover they have their own coin bundles. That said, you cannot directly purchase Sweepstakes Coins with Bitcoin, as that would be against US regulations.

Instead, players purchase Gold Coins, which is a virtual currency used for social gaming, and the Sweepstakes Coins are gifted ‘for free’ as a bonus. It’s also possible to buy Gold Coins without any Sweepstakes Coins, but you can’t win real prizes with Gold Coins, so there’s little value in doing this.

Deposit Limits and Welcome Bonuses

The minimum price of a coin package differs from site to site. While most sweepstakes casinos that support USD payment methods, such as bank transfers and e-wallets, offer bundles from as little as $1.99, this isn’t always the case with Bitcoin or crypto-only sweeps sites.

The reason is the gas fees. According to data provided by Bitcoin.com, the average price for a BTC transaction in 2024 is $4.02. Therefore, no one is going to purchase a $1.99 coin package as it will cost $6.01 with the transaction fee added on.

That said, the sweeps casino needs to attract players who want to make purchases. The most effective way of doing this is through 1st deposit welcome bonuses. There are usually some fantastic deals available with sweepstakes sites offering up to 200% extra coins if players purchase selected bundles.

Redeeming Sweepstakes Coins via Bitcoin

Bitcoin and cryptocurrencies in general have been a game-changer for redemptions. Previously, it was accepted that bank/wire transfers could take up to ten days.

However, the BTC crypto generation has altered perceptions, with the top sites processing redemptions to verified players within hours. Of course, before that happens, you need to play-through SC in accordance with the casino’s wagering rules.

Typically, the minimum redemption limit is around 30 to 50 SC. This can fluctuate depending on Bitcoin’s price, but it’s still better than the 100 SC minimum limit that many sites impose for cash prize redemptions.

It’s worth remembering that gas fees work both ways, and the sweeps casino is unlikely to pick up the tab on this. The sites we’ve delved into charge small fees to cover the cost of a transaction. It may only be $3 or $4, but that nibbles into your winnings.

My Top Bitcoin Sweeps Casino Picks

Our expert hands-on reviews analyze each casino from top to bottom, giving you a completely full picture. However, to quickly find the best of the best, we’ve handpicked a selection of Bitcoin sweepstakes casinos based on our experience.

Vegas Gems Casino

Vegas Gems

Signup bonus: Up to 1000 Gems No Deposit + 50% Bonus

Banking methods: Bitcoin, Other Cryptos, Visa, Mastercard, Trustly Bank Transfers, and Gift Cards

Minimum Redemption: $100

If you’re looking for a ‘best of both worlds’ Bitcoin and fiat currency sweepstakes casino, Vegas Gems ticks the right boxes. Compared with its rivals, Vegas Gems has the largest catalog of games (around 1300, at the last count); further, there is no questioning the quality, with developers such as Pragmatic Play, Betsoft, Playson, and Belatra providing the software.

Another perk of this rising-star casino is its welcome offer. Having the chance to snap up 1,000 Gems is generous and the 50% extra free Gems on your first purchase adds immense value to this platform. Coin bundles range in value from $4.99 to $999.99, so players can pick a package that suits their budget.

Up to 1000 Gems No Deposit + 50% Bonus
Stake.us

Stake.us

Signup bonus: 25 Stake Cash + 250,000 Gold Coins

Banking methods: Bitcoin, Ethereum, Litecoin, Ripple, Doge, Tether, Cardano, Tron, Chainlink, + other cryptos

Minimum Redemption via Bitcoin: +/- $50

Stake.us is among my top-rated Bitcoin sweepstakes casinos. It has a stellar all-round product. The stylish, modern platform is smooth and fast on all devices, including smartphones.

The casino is loaded with more than 950 games, featuring Stake Originals, such as Crash, Plinko, and Dice, video slots, scratch cards, and live dealer tables. These are powered by reputable software providers like Pragmatic, Hacksaw Gaming, Evoplay, and ICONIC21, among others.

By signing up with the promo code SWEEPSKINGS, new players are eligible to claim 25 free Stake Cash and 250K Gold Coins. If used sensibly, this is a healthy stack of coins that you can use to roam around the casino.

The minimum purchase package is $20.00, which is higher than most other sites. However, you’re better off buying the higher-value packs if you can afford them to offset the BTC transaction fee. The wagering requirement for Stake Cash is 3x. After clearing that, winnings can be redeemed for Bitcoin or another popular cryptocurrency.

250,000 Gold Coins + 25 Stake Cash
Yay Social Casino

Yay

Signup bonus: 50,000 GC + 5 SC

Banking methods: Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Dash, Ripple, USD Coin, Tether, Tron, Polygon, Matic

Minimum Redemption: $50

Yay Casino, as a new entry, welcomes you with an explosive no-purchase signup bonus of 50,000 GC + 5 SC, providing a nice backup to start exploring the game lobby.

Once you’re stacked up with coins, Yay Casino has over 150 games to entertain you. Your current options include video slots, jackpots, fish games, instant win games, and keno. Even though the game variety isn’t the greatest, all games are sourced by popular brands, such as KA Gaming, Pragmatic Play, Booming Games, and Evoplay.

You can use 10+ cryptos to make purchases and redeem your prizes. You need a minimum of 50 SC to make a redemption, but make sure you’ve played through the SC at least once.

50,000 Gold Coins + 5 Sweeps Coins
Luckybird Casino

Luckybird.io

Signup bonus: 0.2100 SC + 1000 GC for sign up

Banking methods: Bitcoin, Ethereum, Dogecoin, Tron, Litecoin, Bitcoin Cash, Tether USD, XRP, Stellar Lumens, Solana

Minimum Redemption via Bitcoin: $30

Luckybird is a relatively new sweepstakes casino that has closely modeled itself on Stake.us. This is stellar news for crypto enthusiasts who want to embark on a sweepstakes adventure.

The casino floor is packed with Luckybird Originals, such as CoinFlip, HiLo, Plinko, Crash, Limbo, and Dice, as well 20+ Luckybird Original slots. These are in addition to the plethora of video and classic slots from third-party developers, including BGaming, 3 Oaks, GameArt, and Booming.

I’d like a little more free SC included in the signup bonus, but there are plenty of regular promotions like free daily Sweeps Cash, treasure chests, and unlimited faucet to keep returning for. Another perk is the minimum redemption is 30 SC ($30). This can be redeemed in BTC, LTC, or several other cryptos.

0.21 Sweeps Coins + 1000 Gold Coins
Moonspin Casino

Moonspin.us

Signup bonus: 30,000 Gold Coins + 3 Sweeps Coins (over first 3 days)

Banking methods: Bitcoin, Ethereum, Dogecoin, Tron, Litecoin, Tether USD, XRP

Minimum Redemption via Bitcoin: 40 SC ($40)

Moonspin is a crypto sweepstakes casino that supports Bitcoin and other selected digital assets. On the gaming front, players can enjoy a selection of Moonspin Originals and GameArt’s portfolio of slots and table games.

Compared with some other brands, the catalog is lightweight. However, I found enough variety, and multiple titles you can’t find elsewhere make for an exciting gaming experience.

Alongside a flurry of regular promotions where players can pick up free coins, coin packages range from $10 to $500 for those who want to boost their balances. Sweeps Coins need to be wagered 3x before being redeemed, with the minimum redemption limit set at 40 SC ($40), which is more than fair.

30,000 Gold Coins + 3 Sweeps Coins No Deposit

Alternative Payment Methods at Bitcoin Sweepstakes Casinos

During our exploration of the top sweepstakes casinos that accept Bitcoin, we factor in alternative payment methods. It could be that BTC gas fees are abnormally high, the network is overloaded, making transactions slow, or another reason. The point is that it is always good to have other options:

Other Cryptos
All Bitcoin sweepstakes casinos support other cryptocurrencies. If you cannot, or don’t want to, use BTC, simply choose another asset.
Debit/Credit Cards
Brands like Visa and Mastercard are known globally. They can be trusted and are highly secure. While not all BTC sweeps casinos support debit and credit cards, some operators do.
Gift Card Prizes
Specifically for redemptions, it’s always worth considering the benefits of taking a gift card prize. Limits are lower, so these are appealing if you only want to redeem 10 - 50 SC.
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Conclusion

Using Bitcoin as a purchase and redemption method has a set of pros and cons that must be weighed up. The level of privacy and security it provides is second to none, and this shouldn’t be overlooked.

However, neither should the drawbacks. Firstly, the number of Bitcoin sweeps casinos is limited; thus restricting where you can play. Also, the gas fees need to be factored in. If you’re only looking to purchase $10 or $20 bundles, paying an average of $4.00 for each transaction takes a lot of the value away. To make it viable, you’d want to purchase bundles of $100 or more, as the gas fee is the same at that given time.

As it stands, licensed real-money US casinos are yet to embrace Bitcoin, so regardless of the somewhat minor drawbacks, players who want to enjoy online slots and live dealer games should choose one of our approved BTC sweepstakes casinos.

Alex Windsor

Author: Alex Windsor

Updated:

The man, the myth, the legend, Alex is the head honcho in charge of SweepsKings, where he puts his 15+ years of iGaming experience to good use. He ensures all articles are accurate and motivates the team to produce truly exceptional content. Whenever you receive an exclusive bonus from SweepsKings or learn about a brand-new sweepstakes casino, you can thank Alex!
The man, the myth, the legend, Alex is the head honcho in charge of SweepsKings, where he puts his 15+ years of iGaming experience to good use. He ensures all articles are accurate and motivates the team to produce truly exceptional content. Whenever you receive an exclusive bonus from SweepsKings or learn about a brand-new sweepstakes casino, you can thank Alex!