Find where to buy & sell Cryptocurrencies in SA
Bitcoin casinos in South Africa are on the rise as more Bitcoin and cryptocurrency are widely accepted and used. South African punters want to know more about this digital currency and have many questions about buying and selling Bitcoins.
While South Africa does not currently regulate cryptocurrencies, the Reserve Bank’s position on virtual currencies is set out in the position paper on Virtual Currencies issued in 2014.
As part of its first steps to regulate crypto assets such as Bitcoin and Ethereum, the SA Reserve Bank in January 2019 released a consultation paper on crypto assets for public comment (see a PDF copy here).
To play slots and casino games at Bitcoin casinos you have to buy BTC, LTC, ETH, BTCH, and other such currencies from cryptocurrency exchanges.
If you want to be in full control of your bitcoin once you have used an exchange, you can withdraw your bitcoin from the exchange to your bitcoin wallet.
Table of Contents
Cryptocurrency exchanges in South Africa
Top 5 Platforms Authorized to sell and buy Bitcoin
1. Luno
It allows users to buy and sell digital currencies such as Bitcoin The platform also announced its expansion into 35 new markets across Europe.
- Luno is a Bitcoin exchange with a presence in South Africa, Singapore, Nigeria, Malaysia, and Indonesia. It offers 0% fees for market makers, meaning you can avoid fees if you place a buy order and then wait for a seller to take it.
- Luno also offers an Instant Buy feature. It is one of the most trusted Bitcoin exchanges in Asia. The only thing is you cannot store BTC here.
- Luno also has an App for mobile trading which you can find at app stores for Android and iOS.
2. iceCUBED
iceCubed offers Bitcoin and Litecoin trading to South Africans, Nigerians, and more.
- The platform is perhaps one of the few local exchanges trading the Ethereum currency.
- It also allows its users to buy and trade in bitcoin and a wide variety of other cryptocurrencies, with altcoins such as Ethereum, Litecoin, Dogecoin, Zcash, Bitcoin Cash, Neo, Monero, Ada and Dash.
- IceCubed also has an App for Android which you can download from Google Play.
3. LocalBitcoins.com
It is a website where you can find people near you who are also looking for buyers and sellers of bitcoin.
- You can advertise that you would like to buy or sell bitcoin, and you can trade with other users of the local bitcoins website.
- Trades can happen on the website using escrow and bank transfers, or you can meet the buyers in person and trade cash.
4. DoshEx
Launched a cryptocurrency exchange platform in August 2018 that aims to help those it helps develop cryptocurrency and blockchain solutions to buy and sell digital tokens and claims to have already done work for Virgin Money SA.
5. Ovex
It is yet another Cape Town-based cryptocurrency exchange.
A few other cryptocurrency exchanges you can use to buy Bitcoins are Coin mama, Coin corner, Bitit, Mycelium local trader, Changelly, and others.
There are several cryptocurrency price indices.
Two of the more well-known ones are The World Coin Index and Brave New Coin. The World Coin Index sources price information and news on over 400 cryptocurrencies.
The platform connects with more than 35 cryptocurrency exchanges.
Brave New Coin is a blockchain and digital currency market data company that publishes technical analysis and research.
The platform tracks over 300 tokens in real-time to produce APIs and blockchain data tools for developers, traders, and enterprises.
- To know the price and the latest news on cryptocurrencies in South Africa you can connect to Bitcoin Hub, a South African news site, while Bitcoin Africa covers the whole of Africa.
- For international news and views check out New York-based Coindesk which claims to reach over 5 million unique visitors and Cointelegraph, a US online news site that has been covering cryptocurrency since 2013.
Bitcoin casinos in South Africa
There are many South African-friendly online casinos that offer Bitcoins as a payment mode to play real money slots, table games, live casinos, and sports betting.
Some of the popular Bitcoin casinos in South Africa are as follows:
1. Springbok Casino
Bitcoin Bonus
No Specific Bitcoin Bonus. Get Welcome Bonus claim an exclusive R300 Free Bonus + R11,500 Welcome bonus to start.
Games
- More than 200 games to play powered by Real Time Gaming.
- You can download the casino suite in full or play instant on web browser or mobile browser.
- Slots, Table games, Progressive Jackpot and Specialty games are popular to play.
Payments
Deposit & withdraw funds at Springbok Casino using Bitcoin, Easy EFT, VISA and Master, Wire transfer, Ecopayz and Instant Bank Deposits.
2. Punt Casino
Bitcoin Bonus
No Specific Bitcoin Bonus. Get R10,000 Welcome Bonus Package on your first three deposits.
Once you have successfully registered your new real money account, log into the cashier and visit the “coupon” section.
⦁ 1st Deposit – 100% upto R3,500 – Coupon code: WELCOME100
⦁ 2nd Deposit – 75% upto R2,500 – Coupon code: WELCOME75
⦁ 3rd Deposit – 125% upto R4,000 – Coupon code: WELCOME125
Games
- More than 150 games to play powered by Real Time Gaming.
- You can download the casino suite in full or play instant on web browser or mobile browser.
- Slots, Table games, Progressive Jackpot and Specialty games are popular to play.
Payments
Deposit & withdraw funds at Punt Casino using Bitcoin, Easy EFT, VISA and Master, Neteller, Skrill, Entropay, Ecopayz and Instant Bank Deposits.
3. Yebo Casino
Bitcoin Bonus
No Specific Bitcoin Bonus. Get 250% Welcome Bonus plus 150 free spins on slot games.
Games
- More than 350 games to play powered by Real Time Gaming.
- You can play instant on web browser or mobile browser.
- Slots, Table games, Progressive Jackpot and Specialty games are popular to play.
Payments
Deposit & withdraw funds at Yebo Casino using Bitcoin, Better EFT, VISA and Master, EasyWire, and Instant Bank Deposits.
4. Thunderbolt Casino
Bitcoin Bonus
No Specific Bitcoin Bonus. Get R10,000 Welcome Bonus on 3 amazing match bonus and after that get R2500 free. Loads of other bonus offers.
Games
- More than 350 games to play powered by Real Time Gaming.
- You can download the casino suite in full or play instant on web browser or mobile browser.
- Slots, Table games, Progressive Jackpot and Specialty games are popular to play.
Payments
Deposit & withdraw funds at Thunderbolt Casino using Bitcoin, Lightning Bitcoin, Instant EFT, VISA and Master, Payz, CashtoCode and Instant Bank Deposits.
5. Omni Casino
Bitcoin Bonus
No Specific Bitcoin Bonus. Get $2000 Welcome Bonus Package on amazing match bonus and get 100 free spins on slot game.
Starting with a five deposit welcome bonus package of up to $360 free on initial deposit, but the casino bonuses don’t end there. The second bonus called “reload bonus” gives players up to $200 free on their second deposit.
Omni Casino also welcomes High Rollers with $500 welcome bonus.
Games
- More than 450 games to play powered by Playtech Gaming.
- You can download the casino suite in full or play instant on web browser or mobile browser.
- Slots, Table games, Progressive Jackpot, Live Dealers and Specialty games are popular to play.
Payments
Deposit & withdraw funds at Omni Casino using Bitcoin, Neteller, Instant EFT, VISA and Master, Skrill and Instant Bank Deposits.
6. Silversands Casino
Bitcoin Bonus
Exclusive Bitcoin Bonus of 200% up to R5000. Coupon Code : CRYPTO200 . Also get 100% upto R5000. Coupon Code: BITCOIN100
Deposit using Bitcoin Method and receive 50% bonus + 50 Free Spins on Legend of Helios (once a day) Use coupon code: BTCDAILY
No Deposit Bonus: R400.
Various other bonus offers at the casino. < Latest bonus>
Games
- More than 400 games to play powered by RTG Gaming.
- You can download the casino suite in full or play instant on web browser or mobile browser.
- Slots, Table games, Progressive Jackpot, and Specialty games are popular to play.
Payments
Deposit & withdraw funds at Silversands using Bitcoin, Litecoin, Neteller, Instant EFT, VISA and Master, Skrill and Instant Bank Deposits.
These are the Best Bitcoin Casinos in South Africa out there. Now join any of these Bitcoin casinos of South Africa and have fun playing real money slots instantly with your mobile or PC.
How to make a deposit with Bitcoins at Bitcoin casinos in South Africa?
Conclusion
Bitcoin Casinos in South Africa offer you to make a deposit in cryptocurrencies of your choice mainly Bitcoins. These casinos also allow you to make a deposit in your own currency that is ZAR, Rand or Naira.
The games to play at Bitcoin casinos in South Africa work the same way as other online casinos of repute. Remember that not all casinos may offer bitcoin bonuses that are exclusive to bitcoin deposits.
On the other hand there are loads of other bonus offers which include, welcome bonus, reload bonus, cashback bonus, free spins and others.
Always read the terms and conditions before you redeem any bonus and play responsibly.
FAQs
Q1. Are Bitcoin casinos legal in South Africa?
Yes Bitcoin casinos are legal in South Africa. You should look for licensed and reputable platforms to ensure a safe and secure gaming environment.
Q2. How do I deposit and withdraw with Bitcoin at an online casino in South Africa?
To deposit or withdraw with Bitcoin at a South African online casino, you’ll typically need a Bitcoin wallet. You store the Bitcoins in the wallet once you buy them.
After selecting Bitcoin as your preferred payment method, the casino will provide you with a unique wallet address for transactions. Follow the prompts and you are done.
Q3. Are Bitcoin transactions in South African Bitcoin casinos secure?
Yes, Bitcoin transactions are generally secure due to the use of blockchain technology. However, the security of your funds also depends on the casino’s own security measures. It’s essential to choose Bitcoin casinos with robust encryption, two-factor authentication, and other security features to protect your account and transactions.
Q4. What is the minimum deposits with Bitcoins?
The minimum deposits with Bitcoins vary from casino to casino but generally it is R100-R200.
Q5. What are the popular Bitcoin wallets to use?
BitPay Wallet
Copay Wallet
Mycelium Wallet
Airbitz Wallet
Electrum Wallet
Bitcoin Core Wallet
Bitcoin.com Wallet
BRD Wallet (Bread wallet)