Bitcoin has been around for a decade now, and it has brought with it a wide array of investment opportunities. In some areas, though, Bitcoin has helped changed the way things are done or provided an alternative method. One of such places is the gambling arena.
Bitcoin casinos have been springing up over the past few years as gambling houses take advantage of Bitcoin features to offer better services to their customers. There are excellent Bitcoin casinos that offer gambling services, and Betchain is one of them.
Betchain, like Bitstarz, is a Bitcoin casino that is owned and operated by Direx N.V. Direx as a subsidiary of Direx Limited, is a company that is registered and regulated by the laws of Curacao. Betchain has been around since 2013, making it one of the earliest Bitcoin casinos to be established. It is currently one of the leading online Bitcoin casinos in the world.
Betchain has a broad range of games available for both regular players and VIPs. As a regulated entity, Betchain carries out its activities within the confines of the law.
Betchain key information
Support email: email@example.com
Established in: 2013
The parent company of Betchain, Direx NV, is a registered and regulated entity in Curacao. The company has operated under the confines of the law over the past few years, allowing people to gamble responsibly on their platform using both fiat currencies and cryptocurrencies.
Similar to its sister platform, Betchain is known for delayed withdrawals amongst other vices. The customer support is nothing special, something that the team needs to address as a matter of urgency. In general, Betchain has received more positive feedback from the gambling community for excellent services offered over the past six years.
The platforms operated by Direx usually have a wide range of game selections and Betchain isn’t left out. Betchain has over 2,000 online games available to users, ranging from the traditional casino games to new exciting games.
It has favorite games such as Bitcoin Roulette, horse racing, Bitcoin dice, and a host of others. Here are the most popular selections on the platform.
Bitcoin Roulette: This casino game allow people to play anonymously. They can deposit, play, and withdraw while remaining anonymous.
Bitcoin slots (and 3D slot): This selection is filled with a broad range of games such as Cherry Fiesta, Diamond Vapor, 7 Monkeys, and more.
Bitcoin card games: this selection include famous games such as blackjack, baccarat, and poker.
The platform has a host of other game selections including; Bitcoin Dice, Horse Racing, Craps, Minesweeper, Scratch Cards, Live Dealer, and more.
Bonus and Promotion
Betchain offers a wide range of bonuses and promotions to its users, both new and veterans. The bonuses include:
Welcome bonus: Betchain offers a 100% welcome bonus up to BTC / €200 / 12,000 ₽ / 3,000 ZAR / 600 AUD / 600 CAD / 1,860 NOK
First deposit: when you make your first deposit of 5 mBTC, €10, 1,000 ₽, AU/C$15, 90 NOK or 150 ZAR on the platform, you will get a total of 200 free spins during the course of a month.
Second deposit: get up to 50% on your second deposit and stand a chance to win up to 0.5 BTC, €500, 30,000 ₽, A/C$ 600, 4,640 NOK or 7,000 ZAR.
Third deposit bonus: for your third deposit, you will get a 75% up to 0.5 BTC, €500, 30,000 ₽, A/C$ 600, 4,640 NOK or 7,000 ZAR
Highroller reloads bonus: when you deposit at least 2 BTC, €500, 30,000₽, A/C$ 600, 4,640 NOK or 7,000 ZAR and get up to 75% bonus to play.
Cashback Tuesday: deposit on Monday and earn 10% cashback bonus on Tuesday if you lose.
Reload Wednesday: earn as much as 25% of your first deposit of every Wednesday plus 25 free spins for the day.
Tournaments: participate in competitions and earn up to €500 / 4,000 free spins
Accepted currencies, deposit and withdrawal methods
Accepted fiat currencies: the Euro, Ruble, Canadian and Australian Dollars, Norway Krone, and the South African Rand.
Accepted cryptocurrencies: Bitcoin, BitcoinCash, Ethereum, Litecoin, Tether, and Dogecoin
Deposit methods: Coinspaid (BTC, BCH, LTC, ETH, USDT, and Dogecoin), Visa, MasterCard, PaySafe Card, Neteller, Skrill, Sofort, ecoPayz, Debit, Instadebit, Zimpler, Yandex, QIWI, and Alfa Bank.
Withdrawal methods: Coinspaid (BTC, BCH, LTC, ETH, USDT, and Dogecoin), MasterCard, Visa, Yandex, QIWI, Skrill, Neteller, ecoPayz, Instadebit, and Debit.
The platform is available to users all over the world. However, those from certain countries are not allowed to deposit and play real money games. The countries are; the United States, the UK, France and its territories (Guadeloupe, Martinique, French Guiana, Réunion, Mayotte, St. Martin, French Polynesia, Wallis and Futuna, New Caledonia, Spain, the Netherlands, Saba, St. Eustatius, Curacao, Dutch West Indies, and St. Maarten.
In addition to these, some of the games are not available to users in certain countries. Read more about it on their Terms and Conditions page.
Betchain has maintained a stellar reputation in the online casino space over the past six years. Similar to Bitstarz, Betchain utilizes the Provability Fair gaming, which is a technology that makes it virtually impossible for neither the casino to cheat. The use of a cryptographic feature has helped its credibility over the years.
Betchain serves both the average players and the VIPs. However, the platform continues to receive negative comments regarding their bonus and withdrawals policies. Users on platforms like The Pogg and BitTrust have laid several complaints over the past few years regarding payout.
Betchain advantages and disadvantages
It has an instant play and a mobile version
The platform has the provability fair feature
It operates under a registered and regulated entity
Supports Bitcoin and other major cryptocurrencies
Over 2,900 games available
The bonuses here are generous
A 24-hour payout time
Not available in certain countries
Betchain lacks sportsbook
You need further documentation for withdrawals
Betchain has been one of the leading online Bitcoin casinos over the past few years. A subsidiary of Direx makes Betchain a registered and regulated entity, and this has allowed it to build a good reputation in the gambling space.
The platform, however, needs to improve its bonus and withdrawal payout services as most complaints have been centered on those issues. Also, they will need to improve their customer support to help resolve issues faster.