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In addition to being the best place to buy Bitcoin fast, some of our favorite platforms are offering generous sign-up bonuses. And many have very low initial spending requirements. While a platform's bonus offer shouldn't be the deciding factor, it can certainly be a tiebreaker.

BlockFi - Up to $250

When you open a BlockFi wallet, you have the potential to tap into a sizable bonus. In order to snag one, you’ll need to maintain an account balance of at least $100 for two and a half months.

Payouts take place on the 15th of each month. So if, for example, you opened your account in June, you'd receive your bonus on September 15th.BlockFi provides a tiered bonus system based on the account balance you maintain. Here’s the breakdown:

Although you’ll need to maintain a high account balance, you could earn a bonus of up to $250.testing new bitcoin bitcoin bonuses review

What to look for when choosing a crypto exchange

When choosing a crypto exchange, the main things to look for are functionality and security measures. Your exchange of choice should have most, if not all, of the features you expect to use, be it fiat-to-currency trade pairings, liquidity aggregation, or specific altcoins and stablecoins you want to trade. It should also provide additional lines of defense, such as two-factor authentication and Bitcoin locks, which help against hackers.

Ease of use is another factor to consider and is especially important for newer traders who may struggle to use platforms with a less intuitive user interface. Nonetheless, advanced traders can also benefit from greater usability.

It’s also important to consider geography. Not all exchanges are available in the USA, some only operate in certain states.

#4. What do I need to gamble with Bitcoin?

Acquiring Bitcoins is much easier, and that is true even for complete novices. Some myths and misconceptions circle around the use of these coins, and they also seem to stem from half-understand news reports and fear mongering.

Moreover, you do not need to mine the coins to acquire them, nor do you need to invest large sums of money or use the dark web.

You can just simply sign up for a cryptocurrency exchange, and then you will have to add them to your wallet. The wallet is free to download, giving you a unique code, and that code essentially works in your IBAN or PayPal account, which allows you to receive money.

If you want to perform a Bitcoin transaction, you can visit the cashier section of the casino, choose the amount you want to deposit, and follow the information on-screen.

Notable limitations on bitcoin rewards

You can’t move your earned bitcoin rewards to a different wallet, and you must hold your bitcoin for at least 90 days before selling. Once you sell, you’re subject to a 1.5% transaction fee. Sale proceeds are applied as a statement credit. If you want a bit more flexibility, the BlockFi Rewards Visa® Signature Credit Card puts up fewer roadblocks. There are no lock-up periods, and once your earned rewards are deposited into your BlockFi account, you can withdraw the funds or trade for another cryptocurrency. Note that selling bitcoin earned on rewards cards like these could result in capital gains taxes.

Fees

As we discussed, the cost of buying and selling Bitcoin can vary dramatically from one crypto exchange platform to another. While it shouldn't be the only thing you look at, it's important to know what you'll pay on each platform you're considering.

Summary of Money’s Best Crypto Exchanges of May 2022

Educational resources

Some of the biggest cryptocurrency exchanges have extensive libraries of articles, videos, and tutorials to help users learn about Bitcoin and other cryptocurrencies. This can be a big differentiator when looking for the best place to buy Bitcoin, even for people who already understand how Bitcoin works.

#3. Cloudbet - Top Bitcoin Casino For Beginners With Best Online Slots

Cloudbet nowadays has the most extensive range of Bitcoin sporting events that gamblers are able to bet on. It also operates in two main areas of Sports Betting and Casino games with the ability to bet in both of these games. Also, it offers a big bonus, that you can earn up to 5 BTC on your first deposit, which is exceptionally big. Therefore, your bonus balance will be credited automatically when you deposit your first Bitcoin, and to withdraw your bonus, you will need loyalty points.

You will get 0.01 Bitcoins for every 800 loyalty points that you will earn, and these 0.01 BTC bonuses will be transferred to your betting account after release. You need to know that this bonus increases to 5 BTC if your deposit is also 5 BTC in size. It is good to know that you will have a year to win all the loyalty points for the bonus.

Moreover, there is also a great promotion on the US Open, meaning that if you bet on some match in the US Open, then you will have the opportunity to earn points. You will get one point for every 10 mBTC you bet at odds of 1.50 and more. Also, the best 10 players then get to split profits of a 2.5 BTC bonus. However, they will also have the same promotions throughout the year.

Cloudbet also offers excellent customer service where you can always talk to real people, and also, they have one of the best and biggest sign-up bonuses that are available today. Also, it provides fast and secure deposits and withdrawals, and it has a really cold storage facility to keep Bitcoins stored offline to ensure the accounts cannot be hacked.

A more brief summary of the sporting events that gamblers can bet on at Cloudbet includes Baseball, American Football, Cricket, Golf, Cycling, Rugby Union, Ice Hockey, MMA, Rugby League, Soccer, and Tennis.

Also, ideal sport betting sites for and online casino gamings should be accessible through every device and operating system. Also, the platform of the Cloudbet adheres to the excellent standard with its sleek and portable mobile version. For betting on events and sports on Cloudbet, you no longer need to sit in front of the computer.

You can do so easily through your tablet or smartphone, but there are no betting apps currently. Still, the official website of Cloudbet is easily accessible through the Android and iPhone browsers.

You can test out every casino game on your mobile version of Cloudbet before rolling out the stakes. The following operating systems and platforms are compatible with Cloudbet:

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Bitcoin.com has been around since the dawn of Bitcoin itself – before Bitcoin officially launched. Before starting a casino gaming branch, Bitcoin.com began as a cryptocurrency web portal, wallet developer, and financial services company – which it maintains to this day.

What will our Bitcoin.com reviews uncover? You’ll find plenty of exciting casino games, dozens of ways to fund your account using cryptocurrencies, and some VIP perks. But is Bitcoin.com a scam? Read on to learn about the features of this casino and find out whether it competes with other crypto casinos in the industry and if your money will be safe.

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Bitcoin.com: Pros & Cons

  • More than 50 supported cryptocurrencies and stable coins
  • No transaction fees and ability to purchase Bitcoin using FIAT currency
  • Exclusive BTC games
  • Enjoy exclusive rewards as a VIP player
  • Customer support is generally slow

Bitcoin.com bonus offers - What can you get?

For our reviews of Bitcoin.com, we encountered two welcome bonuses for new players. In essence, one offer is aimed at the high rollers who will be capable of a bigger deposit, while the other bonus is more nominal. The first welcome offer is a 20% cashback bonus when new players make a deposit of at least $50. Cashback is exclusively for slot games played over the initial 14 days. A maximum cashback limit is set at $1,000.

The 2nd offer is a VIP welcome offer of up to 25% cashback when depositing at least $2,000. Again, we noted during our reviews of Bitcoin.com that this offer is exclusive to slots and will last 14 days. Both bonuses have no wagering requirement – so the cashback amount will be instantly withdrawable as real money if choose to.

#4. 7Bit Bitcoin - Best Online BTC Casino For Crypto Sports Betting

7BitCasino is one of the instant play, a full-mobile compatible online casinos that caters to every gaming taste. They offer a user-friendly and, most important, safe casino experience that features live slots, virtual table games, jackpot games, and video poker from the world’s most exciting software developers. This casino looks and plays great with a classic 50’s Vegas-style design. They have kept it relatively simple and have not gone overboard on flashy graphics, making a refreshing change. The website has been built with the player in mind, and it does not take any time to get the hang of it because of the easy navigation.

7BitCasino also operates using SoftSwiss software and features games and slots from several leading providers, including Betsoft, Endorphina, Microgaming, Amatic, and Ezugi. It offers exceptional security, fast deposits, and withdrawals, but primarily Bitcoin. You can also deposit using EUR, USD, GBP, AUD, NOK, and SEK.

Moreover, 7Bit accepts bitcoin (BTC), Bitcoin Cash (BCH), Dogecoin (DOGE), Litecoin (LTC), and Ethereum (ETH) for crypto deposits. It also facilitates bitcoin through the Cubits platform. You can make fiat currency payments through major credit cards and third-party payment systems such as Neteller, Skrill, Trustly, and many more.

Its depositing requires just a few steps. You have to click on deposit in the account area, and you will see an account menu with a bitcoin address and QR code. Then you have to copy those addresses into your personal wallet, then indicate an amount, and send the money. Also, the seconds afterward, you will be set up to play casino games for real money.

7BitCasino is registered in Curacao by Curacao eGaming. It is licensed by the Antillephone N.V. Moreover, the SoftSwiss software that the casino runs on uses provably fair technology Betsoft, Microgaming, and other providers that have been proven fair by independent audits.

Its registration is short and straightforward for bitcoin players at 7Bit Casino. You have to just click on sign-up, fill in your email, then create a username and password, and lastly, indicate BTC as your currency. A confirmation email will be sent to respond, and then you are in.

Also, they use high-level security procedures, keeping your account secure and protected from hackers, which includes SSL encryption technology. You will incur no fee from the casino, but your wallet may charge a small amount.

Highlights

  • It provides a massive collection of games

  • Games are provably fair

  • It supports live chat

  • It offers multiple bonus programs

  • It offers instant withdrawals

  • It helps of altcoins and fiat payment methods

Pros

  • Multi-vendor game portfolio

  • Generous four-level welcome bonus up to 5BTC

  • A lot of BTC games

  • Multi-level rewards program with weekly rewards

  • 24/7 live support

Cons

  • There is no phone support

  • Not all payment methods are free of charge

  • Cannot wager bitcoins on all games

=> click here to visit the official website of 7Bit Casino

How the Upgrade Bitcoin Rewards Visa® Credit Card works

You can use the Upgrade Bitcoin Rewards Visa® Credit Card in two ways:

  • As a credit card: Make purchases in stores or online, wherever Visa cards are accepted. Your balance is converted to an installment loan at a fixed interest rate, which you can repay in equal monthly payments over a set period.

  • As a personal loan: Request that funds be sent directly to your bank account. Again, you can pay back the loan in equal monthly installments over a set period and fixed interest rate. Note that you cannot use the card at an ATM for a cash advance.

You earn 1.5% back in bitcoin rewards as you make payments on your card balance. Earned bitcoin rewards are held in a wallet provided by NYDIG, a custody and trading platform.

The ongoing APR is 8.99%-29.99%, and most applicants can qualify for credit lines ranging from $500 to $25,000 (though some may be granted credit lines as high at $50,000).

Upgrade Bitcoin Rewards Visa® Credit Card: The basics

Ongoing rewards: Earn 1.5% unlimited cash back in bitcoin when you make payments.

APR:The ongoing APR is 8.99%-29.99%.

Foreign transaction fees: None.

Balance transfer fee: N/A.

Other facts and benefits:

BlockFi Rewards Visa® Signature Card

The BlockFi Rewards Visa® Signature Card offers potential applicants an opportunity to see if they’re likely to be approved for the card via a soft credit check before formally applying. That’s fairly unique among crypto card issuers.

The BlockFi Visa credit card comes with a welcome bonus: Get 3.5% back, up to $100 in crypto, during the first 3 months. The card has a $0 annual fee. All purchases earn a base rate of 0.25% back in crypto on all eligible trades, 1.5% back in crypto for every purchase and the ability to earn 2% back in crypto after $50,000 of annual spend. Your annual spend resets at the beginning of each card anniversary year.

Venmo Credit Card*

The Venmo credit card has been around for a few years, but its dive into the crypto world is much more recent. This card earns your typical cash back—you’ll earn 3% cash back in the top spend category, 2% on the next category and 1% on all other purchases. It still falls under the crypto card category, though, thanks to the following feature—Cash Back to Crypto, the same program mentioned above, is a newer option on Venmo. It allows you to automatically convert your cash-back rewards to a crypto asset. You can choose the following cryptocurrencies for your rewards—bitcoin, ethereum, litecoin or bitcoin cash.

As far as fees go, the Venmo credit card doesn’t charge extra to convert your cash-back rewards through the Cash Back to Crypto means, however, a conversion spread based off of the current price and exchange rates will be built-in and deducted monthly from your account.

Gemini Credit Card™*

The Gemini Credit Card™*, like the BlockFi Visa, has the ability to earn rewards in the form of Bitcoin and over 60 other cryptocurrencies. Cardholders use U.S. dollars to make purchases but can earn rewards in the form of crypto assets. Right now, Gemini’s new card is closed to new applicants, but Gemini is actively working on opening it back up.

The card comes with two bonus spending categories—Dining and groceries. You’ll get 3% cash back on dining (on up to $6,000 in annual spending; then 1%), 2% cash back on groceries, and 1% cash back on all other purchases. The Gemini Credit Card has a $0 annual fee. You can also take this card along with you on your travels as it has $0 foreign transaction fees. Lastly, there is no exchange fee when acquiring your rewards, however, exchange fees may be incurred when you convert or sell your crypto assets.

eToro - $10

eToro has long been popular overseas, but the company has recently opened its doors to cryptocurrency investors in the U.S. If you work with eToro, you will likely be pleasantly surprised by the wide range of digital assets available through the platform. One of my favorite features about eToro is that you can take advantage of a free practice account. The practice account is loaded with fake funds that will allow you to practice before you dive into the real thing. Personally, I find this feature useful as I wade through the learning curve associated with investing in cryptocurrency. In addition to all the great features, you can score a substantial bonus with eToro. You’ll earn a $10 bonus when you open an account and trade at least $100 in cryptocurrency. This offer is only available to US users. The deadline to make these trades and land the bonus is June 30, 2022. Open your account here >>>testing new bitcoin bitcoin bonuses review

eToro USA LLC; Investments are subject to market risk, including the possible loss of principal.

#1. Are Bitcoin games fair?

The Bitcoin games are fair. All Bitcoin games must adhere to the same rules and regulations as fiat currency games. They are also entirely safe and appropriate, which is valid for all games developers and in all regions worldwide.

Therefore, for extra security and peace of mind, you have to make sure that you stick with 100% certified and regulated online casinos and always play games created by trusted developers for different security sites listed here.

Also, as Bitcoin becomes much more mainstream, increasing numbers of players will also look to Bitcoin casinos as an alternative solution when enjoying more security and privacy and complete control of their funds. Winning is one of the most incredible things about best online gambling, but as we all know, the house edge is always tipped in favor of the casino, so because of that, you have to be always prepared in case that sometimes you may lose.

Additional unique features

When applying for the Upgrade Bitcoin Rewards Visa® Credit Card, you can find out what terms you’d qualify for without a hard credit pull. Hard pulls can temporarily ding your credit scores — not helpful for anyone who’s trying to build their credit. A hard inquiry is completed only once you agree to the terms. This isn’t a common feature, though there are other credit cards that offer a pre-qualification process without the hard credit inquiry.

You also get instant access to your card upon approval, in the form of a virtual card with a temporary number that you can use until your physical card arrives.

Potentially high interest rate

Depending on your financial situation, you may qualify for an interest rate on the high end of the possible APR range. If you have good or excellent credit, a card with an introductory 0% intro APR offer could be a better bet for financing a large purchase. The Wells Fargo Reflect℠ Card offers 0% intro APR on Purchases for up to 21 months and 0% intro APR on Balance Transfers up to 21 months from account opening on qualifying balance transfers, and then the ongoing APR of 13.74%-25.74% Variable APR A personal loan could also be an option if you qualify for more favorable terms than the Upgrade Bitcoin Rewards Visa® Credit Card offers.

How to be sure a crypto exchange is legitimate and secure

When looking for a crypto exchange, it’s essential to keep an eye out for fake websites and mobile apps. Even if the platform seems legitimate, make sure to check for any misspellings in the copy, inauthentic branding, and, in the case of a website, whether there’s a small lock icon indicating security near the URL bar.

Likewise, it’s important to remind yourself that scams aside, trading crypto can be dangerous. Cryptocurrencies are highly volatile, meaning that they are subject to sudden increases and decreases in values that even the wisest investors cannot predict with certainty.

Financial advisors recommend that if you invest in cryptocurrency, practice caution and keep it below 5% of your total investments.

Coinbase - $5

Coinbase is one of the most popular cryptocurrency exchanges available today. And with good reason! The company offers useful features and the ability to buy a large number of cryptocurrencies. Not only is Coinbase a secure cryptocurrency exchange that's based in the U.S., but it also offers new users a $5 bonus. Once you sign up for an account, Coinbase will give you $5 in free Bitcoin* after you place your first trade. Get started with Coinbase here >>>testing new bitcoin bitcoin bonuses review

Crypto exchanges are where traders can buy, sell, and convert different cryptocurrencies. They are necessary for cryptocurrencies to be traded at the scale they are today. Some exchanges offer the most competitive prices or speeds, whereas others provide specialized financial products.

Read on to learn about the best cryptocurrency exchanges, how they work, and which one you should pick.

The investing information provided on this page is for educational purposes only. NerdWallet does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments.

The Upgrade Bitcoin Rewards Visa® Credit Card is one of multiple cards offered by the financial startup Upgrade and issued by Sutton Bank. It works like a credit card and personal loan all in one, allowing you to make purchases and then pay down your balance in equal monthly installments for a set period of time with a fixed interest rate.

There are some limits on those bitcoin-based rewards, though, and a 1.5% rewards rate itself isn't spectacular. But the key with crypto isn't necessarily the upfront earn rate, but rather the potential appreciation of those rewards later.

Of course, it's worth noting that crypto values can also fall, but for anyone looking to dip their toes into bitcoin, the Upgrade Bitcoin Rewards Visa® Credit Card is a low-barrier way — especially when the risk is limited to credit card rewards and not, say, money sitting in your traditional bank account.

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations.

Crypto rewards credit cards are the newest incentive-style payment option that rewards users with crypto-currency as a substitute for cash back. These cards can be rewarding for varying degrees of crypto enthusiasts—from the crypto-curious person who wants to dabble in cryptocurrency but does not have the risk tolerance to jump in the market, to those deep into crypto—the ones who have a solid belief in the longevity of the digital currency movement and its potential for growth and profit.

Comparing Crypto Credit Cards

What is a crypto exchange?

Crypto exchanges are platforms where users can trade digital currencies for other assets, including cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and regular currencies, like U.S. Dollars and Euros.

Exchanges are an essential part of the crypto ecosystem because most traditional investment firms do not offer cryptocurrencies in their portfolios. Without exchanges, you would have to find another person willing to trade crypto and agree at an exchange rate. Then, you would have to send the coins directly to each other’s cryptocurrency wallets — a somewhat convoluted process.

#12. Do crypto casinos offer welcome bonuses?

Yes, all crypto casinos have many promotions, which include the usual welcome bonus, referral bonus, reload bonus, etc. Some of the biggest welcome bonuses and ongoing promotions can be found at crypto gambling sites such as Bitstarz and Wild Casino.

Bitbuy - $20

For our Canadian audience that's looking to get into crypto, Bitbuy is offering $20 when you make your first deposit of $250 or more.

Bitbuy is one of the largest Canadian cryptocurrency exchanges, and currently supports about 10 different coins and tokens.

Read our full Bitbuy review here.testing new bitcoin bitcoin bonuses review

FAQs Regarding Best Crypto Casinos & Bitcoin Casino Games:

5 Best Bitcoin Casinos & Bitcoin Gambling Sites Of 2022:

  1. BitStarz - Popular Crypto Casino Platform With Bitcoin Bonuses

  2. mBit Casino - Overall Best Bitcoin Casino For Crypto Gambling

  3. Cloudbet - Top Bitcoin Casino For Beginners With Best Online Slots

  4. 7Bit Bitcoin - Best Online BTC Casino For Crypto Sports Betting

  5. FortuneJack - Trusted Bitcoin Gambling Platform; Multiple Currency Options

Here are the detailed reviews of our top picks:

No sign-up bonus

The Upgrade Bitcoin Rewards Visa® Credit Card has no sign-up bonus for new cardholders. If a welcome offer would sweeten the deal for you, the SoFi Credit Card would deliver with this bonus: Earn up to $200 when you fund an Invest account as well as a Checking and Savings account after getting approved for the SoFi Credit Card (See Terms). You’ll also earn 2% cash back when you redeem rewards as cryptocurrency into your SoFi Active Invest account. Plus, in the first year, that cash back rate is bumped up to 3% when you set up direct deposit with SoFi.

How We Chose the Best Crypto Exchanges

We looked at over 20 crypto exchanges and evaluated them based on cost, security, and user experience. Other factors we considered include cryptocurrency selection, payment options and trade volume.

We mainly focused on dedicated crypto exchanges and looked at trading platforms that let you trade other securities.

The best cryptocurrency exchanges scored high in the following categories:

Security - Users should feel that their crypto is secure on their trade platform, so security breach prevention measures and safe account management methods are essential elements. We looked at each platform’s history of keeping their users’ funds and information safe and considered whether they offered insurance to users in case they lost their money due to a mistake on their part.

User Experience - Regardless of whether one is a novice or an expert, an exchange that is easy to use and navigate is always a plus. We considered each crypto exchange’s mobile and desktop interface and favored those with more intuitive designs. We also looked at the educational content and research tools available for users.

Cost - Fees can be a headache for users, especially those trading with great frequency. We favored crypto exchanges that offered lower fees or ways of reducing said fees. We also valued transparency when it came to their fee structure.

Promotions

The bonuses are what make all casinos more appealing, but it is essential to know that some of the bonuses have requirements that you have to meet to cash out. Because of this, we thoroughly check each of the bonus promotions at the casinos & online sports betting sites, and also, we take a good look at everything you should be aware of.

If you are doing this on your own, you should always check the conditions and terms of the bonus promo to make sure you are aware of all of the rules. Pick your favorite ones from the best online sportsbook.

Benefits of the Upgrade Bitcoin Rewards Visa® Credit Card

Robinhood - Free Stock

The Robinhood platform is best known as a way to invest in stocks. But the platform allows users to purchase a few crypto coins too. As with stocks, cryptocurrencies trade commission-free on Robinhood.

Although there's a limited selection of cryptocurrencies, the company has announced plans to continue expanding its offerings. When you open a Robinhood account, you'll receive one share of free share of stock (not cryptocurrency). The value of the share could be $3 to $225 but there's a 98% chance that it will be below $10.

Although you won’t get any free crypto with Robinhood, it might still be a worthwhile bonus to consider. Create your Robinhood account here >>> testing new bitcoin bitcoin bonuses review

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