BetChain Casino Review

/BetChain Casino Review

BetChain Casino Review 2018-07-25T11:26:13+00:00
BetChain Casino Review

Quick inner navigation:

  1. What is BetChain?
  2. How BetChain Works
  3. BetChain Deposits and Withdrawals
  4. Limitations
  5. BetChain Bonuses and Promotions
  6. How to use BetChain
  7. Is BetChain safe?
  8. Our Rating for BetChain

Betchain Casino Review & Guide 2018

Fun, thrilling, addictive—these are some of the words people say after joining online casinos. In fact, after winning once or twice, most people get hooked into gambling. Some people gamble for a living, and some have become millionaires off it.

It’s not unusual to find people who are members of more than five online casinos. With all the free spins and huge bonuses, serious gamblers want to maximize their chances. On the downside, casinos don’t offer free money. You have to use your own money at some point.

The more you get addicted to gambling, the more you are tempted. If you’re not careful, you end up gambling all your money. With that in mind, this article is not aimed at endorsing gambling. Instead, it’s a review of one of the most popular gambling platforms for Bitcoin owners: BetChain.

What is BetChain?

BetChain is an online casino that accepts members from more than 150 countries. Launched in 2013, BetChain is registered and licensed in Curacao, in the Caribbean.

Betchain is famous for accepting payments in Bitcoin and altcoins. New members often get 50 free spins and a bonus of up to 150% after they deposit with Bitcoin or 200 free spins when they deposit fiat money worth €200 or more.

The online casino was founded by Direx N.V. in 2013 as a Bitcoin-only casino. With time, BetChain began accepting payments using Bitcoin Cash, Litecoin, Ethereum, and DogeCoin. At the start of 2018, BetChain introduced fiat payments, including credit cards.

US gamblers, who are often rejected by online casinos, are welcome to play on BetChain. However, some of the company’s payment methods are not available worldwide. UK members, for example, can’t make deposits using both VISA and MasterCard. US members can use VISA but not MasterCard.

Do they offer multi-language support? Like many modern casinos, the casino is available in multiple languages. You can access BetChain using Spanish, French, Dutch, Portuguese, Swedish, Italian and several other languages. In total, BetChain can be accessed in eleven languages.

How BetChain Works?

A beautiful, professionally design with lots of features is the first thing you notice on the BetChain website. They have a one-step registration process and more than 1000 games divided into more than 15 categories.

Upon registration, you make a deposit using any of the 20+ accepted payment methods. Every new member gets 200 spins free of charge and a 100% bonus on their first deposit. BetChain, like most casinos, relies on a variety of developers for games. Their main developer partner is NetEnt, the giant casino games developer famous for games such as Gun ‘N’ Roses, Jack Hammer, South Park and Black Jack.

Other game providers on the casino include BetSoft Gaming, EGT, Belatra, NYX, Ezugi, Endorphina and Amatic Games Bitcoin. The good thing about BetChain’s game is that they are provably fair. With the assistance of the SoftSwiss Company, BetChain is able to provide games tested and proven to be fair.

Overly, BetChain is a popular casino website with lots of games, bonuses and a user-friendly platform. If you have any troubles using the website, their customer support team is always willing to help.

BetChain Games

It’s hard to find a game you can play online that’s not available on BetChain. With more than 15 game providers, there are over 1000 games available to different countries. Some games are restricted in certain areas, but there are more than enough games for everyone.

  • American/European/French Roulette—BetChain offers a variety of roulettes, all playable with Bitcoins anonymously
  • Slot Games—the casino has a diverse number of free and paid slot games, including the famous Lucky Blue and Lucky Sweets slot games. 3D slot games are also available.
  • Card Games—if you love BlackJack, Poker, and Baccarat games, BetChain offers at least two card games in each category
  • Live Dealer Games—the casino offer three main Live Dealer games: BlackJack, Baccarat, and Keno
  • Horse Racing—the race is a virtual game when you choose a Horse and watch as it competes against other horses.
  • NETENT JackPots—the game developers partners with online casinos to provide a jackpot for its most popular games. The reward—up to €17.86
  • Dice—if you enjoy playing dice in real life, BetChain offers the chances to play virtual dice. The casino also offers an advanced dice-like game, Craps, where players can roll dice twice or more and bet on the outcome of the numbers.

BetChain Regulation

BetChain, like many Bitcoin casinos, has its license from a Caribbean country—Curacao. The Curacao gaming agency is popular among gaming website because of its low registration fee and lack of interference with casinos’ businesses.

BetChain’s licensing and regulation work is managed by BGAMING Direx N.V., a company that appears alongside the registration details of many Bitcoin casinos licensed in Curacao. Direx N.V. also owns Direx Limited, a company based in Cyprus.

BetChain Deposits and Withdrawals

With more than 20 payments methods, BetChain provides the convenience most gambler lack in other websites. Some payments methods are not allowed in some countries, but most methods are recognized.

  • BetChain supported currencies

Bitcoin, Bitcoin Cash, Ethereum, Doge, and Litecoin are the only accepted cryptocurrencies. However, the casino also accepts Euro payments; Australian Dollars, Canadian Dollars, Rubles, South African Rand, Swedish Krona and Norwegian Krone.

Notably, the US dollar is not an accepted currency, and US players are not allowed to deposit or participate in real money games.

  • Deposit Methods

The BetChain casino divides its deposit options into either cryptocurrency deposits or Fiat payments. For cryptocurrency deposits, you can complete payment using BTC; Litecoin, Ethereum, Bitcoin Cash or Doge.

If you select fiat payment, you have the option to use VISA, MasterCard, NETELLER, Skrill, PaySafe Card, Sofort, ecoPayz, Trustly, Yandex, Qiwi, Zimpler, Alfa-Bank or Insta Debit. BetChain does not accept VISA and MasterCard payments from all countries. Bank deposits and PayPal are also acceptable when funding accounts to play games slot games.

VISA Deposits

You can only deposit with VISA if you come from any of the following countries: the US, Singapore, Malaysia, Australia, New Zealand, Indonesia, Japan, India and Hong Kong.

MasterCard

MasterCard is only accepted as a payment method if you come from: the Netherlands, Iceland, Ireland, Czech Republic, Germany, Gibraltar, Greece, Malta, Monaco, San Marino, Iceland, Italy, Hungary, Andorra, Belgium, Austria, Luxembourg, Estonia, Denmark or Cyprus.

  • Withdrawal Methods

Since Bitcoin is the main payment method on BetChain, you can also make a withdrawal using the cryptocurrency. You can choose to withdraw and transfer your winnings to your personal wallet or use a third party processing company, Cubits, that has lower limits.

Bitcoin cash, Ethereum, Litecoin, and Dogecoin are also acceptable as payment methods. But if you want to withdraw your funds in fiat, you can use VISA/MasterCard, NETELLER, Skrill and a variety of other credit card payment companies.

Are there BetChain fees for withdrawals? All withdrawals are free at the casino.

Limitations

You can play BetCash casino games free of charge. But that’s only for 50 spins after which you pay. The BetChain no deposit free spins offer is not available always though. It’s also not available in some countries.

Making a Bitcoin deposit using the Cubits payment option has no minimum deposit. On the other hand, sending Bitcoins from a personal account requires a minimum of 0.0003 BTC.

Here is an overview of other payment methods on the casino and their payment limitations

Payment Method Min Deposit Maximum Dep Min Withdrawal Max Dep
Bitcoin No Minimum/0.0003BTC No Maximum 0.001BTC

Cubits: 0.00001

20BTC

5BTC

Bitcoin Cash 0.001BCH No Limit 0.001 BCH 20 BCH
Litecoin 0.01LTC No limits 0.01 LTC 200 LTC
Ethereum 0.01ETH No limits 0.01 ETH 200ETH
Doge 0.01DOG No limits 0.01DOG 200M DOG
Credit Cards €10 €4,000 €20 €4,000
Online Payments €10 €4,000 €20 €4,000

Players who wish to increase their trading limits can contact the casino or join the VIP club where gambling limits are higher.

BetChain Bonuses and Promotions

There are more than five ways to earn bonuses with no BetChain bonus code required. On your first deposit of up to 1 BTC, you get a 100% welcome bonus and 200 free spins. The free spins are offered on a daily routine, 10 free spins daily for 20 days. To enlist for the free spins, you must deposit at least €10. For the 100% bonus, you must deposit at least €200.

If you are a serious gambler who plays games with €500 and above, BetChain offers a 75% welcome bonus or up to 3.75BTC. Bitcoin Gamblers are only considered high rollers if they deposit 2BTC and above.

If you make a second deposit, BetChain rewards you with a 75% bonus or up to 0.5BTC. The third and fourth deposits attract a 50% bonus or 0.5BTC.

There are additional bonuses for being a loyal gambler on the casino. Every Friday, players have the chance to earn up to 50 free deposits with the only requirement being that they make a deposit once a month. If you gamble on a Monday and lose, BetChain offers a 15% cash back bonus that does not exceed €50 or 0.1 BTC. However, only players who gambled at least €100.25 and lost their money are eligible.

If you make a deposit on Wednesday, you are enrolled into a draw where you stand to get up to 50% bonus on your first reload of the day. The bonus does not exceed 0.25BTC. Additional bonuses on the casino include a happy hour full of bonuses that are announced via mail and a monthly tournament where the top 5 players of the month earn up to €500.

Rules Surrounding Bonuses

You must wager all bonuses for a minimum of forty times to withdraw any winnings. Some bonuses, like the welcome BetChain bonus, second bonus and the high roller bonus can only be withdrawn after wagering for fifty times.

Roulette, Baccarat and several other games are exempted from the wagering rules. Free spins and any bonuses acquired without making a deposit only count for wins of up to €25. Some countries are exempted from BetChain’s no deposit free bonuses.

How to use BetChain?

  • Step 1: Create an Account

Visit Betchain.com and click ‘Sign up’ to create an account. You will be prompted to provide a valid email address, create a login password and select your preferred payment method. You must also confirm that you are at least 18 years of age.

There is no verification required to make a deposit even when making deposits with fiat payment methods.

  • Step 2: Fund your account

If you choose to deposit using cryptocurrencies, your account will reflect within a few hours. Some payment methods like bank deposits take up to three days to reflect whereas electronic payment methods like Skrill reflect immediately.

With funds in your account, select any of the more than 500 games on the website and gamble. If you win, get ready to make a withdrawal immediately. On a different note, if you win using bonus spins, keep in mind that you must wager at least 40 times to make a withdrawal from bonus proceeds.

  • Step 3: Withdraw Funds

Access your account and click the ‘Deposit’ feature. Next to deposits is a ‘Cashout’ option that allows you to withdraw different amounts depending on your preferred payment options. There is no option to change the payment preferences on BetChain other than to contact their customer care; select your preferred option carefully.

Is BetChain safe?

BetChain is a popular Bitcoin casino, but are they reputable? Some of the pointers to BetChain’s safety include:

  • Community Trust

BetChain is a legitimate casino owned by a renowned online casino group. Their reputation, on the other hand, varies from one user to the other. Some of the company’s past users are full of praise about the casino. Nevertheless, others fill review forums with BetChain scam messages.

In general, BetChain has a good reputation online. Gamblers love the casino’s numerous bonuses, free spins, low minimum deposits and helpful customer services.

  • Security

BetChain does not keep any funds on its exchange. All cryptocurrency deposits are secured in offline wallets while monetary funds are held in different banks. The funds that reflect in your BetChain account simply symbolize your real funds but are not funds that can be hacked.

However, BetChain also deploys security measures like HTTPS encryption on their website, anti-DDoS protection and training their employees to avoid phishing attempts.

  • Handling Speed

The BetChain casino has a fairly fast handling speed for both deposits and withdrawals. Depending on the payment methods and withdrawal limits, requests may be processed immediately or take a maximum of three days to reflect in your account in the case of bank payments.

Players who win more than €15,000 or 5BTC and above are not allowed to withdraw instantly. Their payments are instead processed in installments. However, you can withdraw at any time, using any preferred payment method as long as you follow the company’s withdrawal guidelines.

BetChain Review Summary

BetChain is an online casino that started off as a Bitcoin casino. After more than two years of only accepting Bitcoin payments, BetChain added altcoin payments and later fiat deposits and withdrawals.

The casino has more than 20 game developer partners who provide over 1000 games. New members are welcomed with a 100% bonus and 200 free spins. Loyal members are treated with additional bonuses and free spins, including monetary rewards.

Since its launch in 2013, BetChain has been improving their services and scope of users. Initially, the company only targeted gamblers based in Europe, Asia, and Latin America. Over the years BetChain welcomes members from nearly every country.

Some countries like the US and the UK are limited on the types of games and payment methods they can use on the casino, but there is no tedious verification process required to wager on the casino.

Pros

  • Attractive and easy to use user interface.
  • Accepts members worldwide.
  • Lots of payment methods.
  • Multiple games offered.
  • No verification required.
  • Good Customer support.

Cons

  • Us dollar is not available as a currency.
  • A lot of countries are exempted from bonuses and free spins.

Who is BetChain best for? With their wide variety of games, low minimum deposits and reasonable maximum limits, BetChain is a good casino for beginners and experienced gamblers with all sizes of budgets. You can deposit as many Bitcoins as you want and BetChain will provide VIP treatment.

The company’s customer support is also good and ensures that high rollers can wager on the casino without feeling unsafe.

Thank you for reading our BetChain casino review. Feel welcomed to find more casino reviews and cryptocurrency guides cryptocurrencies on our website.

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