Binance Coin (BNB) – Binance Casino Guide for 2023!
Any Binance casino you opt for should provide you with a safe and secure experience, allowing you to take advantage of great bonuses and play a large selection of games synonymous with the best crytpocoin casinos. Read our comprehensive guide below to learn everything you need to know about binance casinos, along with our top recommendations!
- Casinos that Accept Binance (BNB)
- Binance Casinos – A Cryptocurrency Exchange
- What Is Binance Coin (BNB)?
- BNB – A Rising Niche Crypto Coin
- Benefits of Using Binance Coin at Binance Casinos
- Binance Coin Cons
- Binance Coin Banking
- Binance Casino Bonus
- Binance Casino Games
- BNB Alternatives
- A Summary of Binance Casinos
- Binance Casino FAQs
Casinos that Accept Binance (BNB)
- Accepts Binance
- Great VIP programme with benefits
- Exclusive games available
Binance Casinos – A Cryptocurrency Exchange
Binance is a leading cryptocurrency trading exchange that lets you buy and sell digital currencies online. If you open a Binance Pay wallet, you'll be able to purchase BTC, ETH, or BNB in seconds.
You can even sign up to Binance’s VIP Program to earn benefits like savings on trading fees and commission. Furthermore, the Binance Visa Card lets you spend your BNB online with millions of stores and sites.
In addition, Binance offers its very own digital currency called Binance Coin (BNB). It exists on the blockchain and can be bought and sold, just like Bitcoin. Every transaction is kept on the blockchain, and it’s relatively cheap to move digital currency across the web.
Armed with some BNB, you can hit any Binance casino of your choice and make real-money transfers in seconds!
What Is Binance Coin (BNB)?
Binance was born in 2017 when Changpeng Zhao and Yi He founded the Binance exchange, with Binance Coin (BNB) being released within a few months. 200 million BNB tokens were created upon its launch, while it became independent from the Ethereum blockchain in April 2019 when Binance Chain was created.
BNB has been increasingly used at online casinos over the last few years, with players using a Binance Coin wallet to send, receive and exchange coins.
The process to starting your online gambling experience using Binance is simple – just stick to these four steps:
- Find a casino that accepts BNB and register for an account.
- Use a trusted cryptocurrency exchange to purchase coins.
- Deposit these coins to your preferred Binance casino.
- Enjoy your favourite casino games and place wagers using BNB!
BNB – A Rising Niche Crypto Coin
BNB (Binance Coin) is the main coin on the Binance blockchain. You can trade whole BNB or smaller ‘Jagers’ with other users and load a Binance Visa card to transfer your cryptocurrency in seconds.
In theory, BNB should gain in value while there are coins in circulation. Binance runs regular BNB “burns” to keep the supply of digital coins down, which will continue until 100m BNB have been destroyed and removed.
Binance Coin is seen by investors as a good buy for 2023 and a stable cryptocurrency to use online. You can also get discounts when using the Binance Exchange to make transactions.
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Benefits of Using Binance Coin at Binance Casinos
There are many reasons you should put your crypto to good use at the top Binance gambling sites:
Largest Crypto Exchange
The Binance Exchange is the world’s biggest and most popular online trading site for cryptocurrencies like BNB and ETH. All online transactions are protected with 2FA verification, helping to ensure no hacks on your money.
Along with all this, you can also download a dedicated Binance wallet app for iOS and Android devices, which you can use to buy the currency in minutes.
BNB can be used for a range of goods and services, including certain vending machines and stores in Asia and South America.
Fast Transactions and Low Fees
Cryptocurrency transactions are renowned for fast deposit and withdrawal times, which means you won’t have to wait around for too long until the funds to arrive in your casino account.
Before you can start using your crypto funds at a Binance casino, though, you need to make a trade. The benefits of using Binance Exchange is that you can enjoy low fees on all transactions, which leaves you more cash to play your favourite live casino games or slots.
BNB transactions are made on the Binance Smart Chain (BSC). In general, the BSC is much cheaper than other blockchains like Bitcoin and Ethereum 2.0, with fees as low as 0.02%. However, they can increase to 3-4.5% if you use a debit or credit card.
Get Discount Coupons
You can also receive discounts when buying and selling BNB at the Binance Exchange site. When trading BNB for cryptocurrency gambling sites, you’ll get 25% off on spot trading fees and margin trading fees.
In addition, you can earn up to 40% commission with Binance’s referral scheme. You’ll also get access to exclusive BNB sales via the Binance Launchpad programme.
Increasing Value of BNB Coin
As with any cryptocurrency, Binance Coin is part of an extensive network and is reporting steady growth in the market. An increasing trend of BNB coins means you will have more funds in your balance over time.
Another known benefit of all cryptocurrencies, players using BNB coins can play safe in the knowledge that their privacy is being upheld. Therefore no one has access to your personal and financial information, meaning your money is safer than when using fiat transactions.
If we want to be pedantic, cryptocurrencies and the blockchain are not fully anonymous, but only pseudonymous. This means that while transactions are associated with an account, they can still never be traced to you if no one knows the account is yours.
Binance Coin Cons
Before you race off to the nearest Binance casino, there are one or two drawbacks to consider.
While it’s cheap to trade BNB to use on a Binance casino online, the site is really aimed at experienced crypto traders. Other wallets like Coinbase make it a lot easier to make basic transactions online.
As with all cryptocurrencies, Binance Coin exists on a decentralized blockchain. When you buy, sell, or transfer Binance Coin, you are making a direct transfer. There are no middlemen like banks or credit card companies.
Stablecoins are attached to a fiat currency like USD. Binance does offer a dollar-backed stablecoin called Binance USD, which offers a little more safety for traders.
If you're living in the United Kingdom, you may also want to know that the Financial Conduct Authority (FCA) does not allow regulated Binance transactions, which could cause problems for its operation in the country.
Just like Bitcoin, the value of a Binance coin has increased dramatically over the past year or so. However, the price of all cryptocurrencies can be extremely volatile. Values can go up and down dramatically over time.
One issue traders have with Binance is that Binance owns a lot of the BNB tokens. They also have a say over who can make alterations to the Binance Smart Chain. For some crypto traders, that goes against the principles of decentralized finance.
Let’s look at some other pros and cons below:
- High returns potential
- International transactions, more transparency
- Inexpensive and fast
- Extremely volatile
- Risk of loss
BNB Not Accepted at All Online Casinos
Binance Coin (BNB) is one of the fastest-growing cryptocurrencies being used in the online gambling market. However, its acceptance is still not as widespread as established crypto options like Bitcoin and Ethereum.
However, our list of recommended Binance casinos at the top of this page should come in handy here, saving you a lot of time in looking for a site you'd like to play at!
Binance Coin Banking
Naturally, you'll need to purchase some crypto before you deposit at a Binance casino. You can do this by opening an exchange account at the Binance website, from where you can buy and sell Binance Coin, Binance USD, or even Binance VND (BVND).
You can purchase BNB by using a debit or credit card or the Binance P2P exchange to trade with other users. It’s free to use, and you can even access an ‘Express’ page, which simply lets you enter the amount you want to pay or receive without choosing a trader to do business with.
Binance Coin regularly appears in the top five for cryptocurrency transactions and trades. While only 200 million BNB can be produced in its lifetime, Binance performs regular burns to keep the total in circulation down.
However, the price of 1 BNB remains volatile, and traders have concerns about how decentralised the cryptocurrency is.
Despite being one of the largest-traded cryptos, it’s still difficult to find a Binance casino. Many crypto casinos will happily accept payments by Bitcoin, Litecoin, and Ether, however.
Binance Coin Bonuses
You can take advantage of bonuses and prize giveaways when you use Binance. Make a trade on the Binance Futures markets and earn a share of a cash prize jackpot. In addition, you can get 25% off on fees when you make BNB trades online.
If you’re a BNB miner, you can use the Binance Pool to claim daily earnings. You can set up mining accounts through your regular Binance online account.
Binance Casino Bonus
You can access a wide selection of bonuses at Binance casinos, which start with welcome offers. This will usually depend on how much BNB you deposit at the online casino when registering, and tends to see you rewarded with bonus cash.
In addition to welcome bonuses, existing players can get their hands on reload offers, no deposit bonuses, cashback deals, VIP rewards, and free spins.
Binance Casino Games
Despite there being a lack of Binance online casinos compared to regular online casinos, the ones that are up and running offer a wide range of games you can play at using BNB, such as:
- Binance Slots: All the established slot game providers are available at Binance sites, including heavyweights such as NetEnt and Quickspin.
- Binance Blackjack: Regardless of whether you want to play virtual blackjack or face off against a real-life croupier, there are plenty of options here.
- Binance Poker: While poker tournaments where you can pit yourselves against other players at Binance casinos are somewhat rare, there are always video poker games you can get involved in.
- Binance Roulette: Every good online casino needs offers roulette – BNB casinos are no different.
- Binance Dice: There are plenty of different dice games out there for players to enjoy at such casinos, such as craps.
As we've said above, there aren’t a huge number of Binance casino sites available in 2023. However, there are many other online casino payment methods you can opt for instead. Many of the best online casinos now let you pay by cryptocurrency with nothing more than a wallet address.
A Summary of Binance Casinos
These casinos are becoming an increasingly popular sight in online gambling, with a number of advantages for players who are comfortable with Binance Coin (BNB).
Get exclusive casino Binance bonuses and play your favourite casino games online today by signing up to one of the sites we have listed above!
Binance Casino FAQs
You’ll find a list of top Binance Coin casinos at the beginning of this page. Our best-rated Binance casino sites offer great games, fast and accurate deposits, and amazing bonuses. However, we love 1xBit because they accept so many cryptocurrencies.
Yes. You can buy and sell Binance Coin in countries across the world, including the UK and US. Open a Binance wallet account in minutes and purchase BNB to get started. You’ll be depositing at a Binance casino and playing top games and slots in no time.
Of course! Download the Binance crypto wallet app from the App Store or Google Play Store. You can use the app to buy or sell BNB, BTC, or one of 200 cryptocurrencies with a debit or credit card.
Yes. Every Binance casino is legal and regulated. However, not all BNB casinos are available in every region. Check out our recommended list to find a site that’s right for you.
Yes. There is an instant buy or sell fee of 0.5% of the total balance. However, you can get a 25% discount if you use BNB to pay for your charges. You’ll also reduce the fees if you’re a VIP customer in a Binance casino.
Yes. The Binance online exchange uses Two Factor Authentication to protect all its transactions. This helps to protect users from hacks and other fraud.
Yes, because Binance utilises multiple levels of security in its wallet, which decreases the risk of your account being hacked or breached. Binance uses a Google Authenticator, anti-phishing code, address whitelisting, and device management options to limit the devices that can access your account.