Hunting for the best Bitcoin Casinos? This BetChain review should get you a step closer to what you seek.
Over the past couple years, we’ve spent time on most, if not all the Crypto Casinos out there. As a result, We’ve formed a comparative idea of these Casinos. As in, which factors make one Casino better than the other. They all offer almost the same features, but what differs which may make BetChain a better or worse Casino?
Secondly, we’ve also formed a good idea of the questions that one should ask before selecting a Casino of choice. Here’s everything we’re answering in this BetChain review:
- Does BetChain require registrations?
- Does BeChain require mandatory KYC-verifications?
- What are the BetChain bonuses?
- Which deposit/withdrawal modes are available on BetChain?
- What are the minimum/maximum deposit requirements?
- What are the minimum/maximum withdrawal requirements?
- Is BetChain Provably Fair and licensed?
- Which countries are restricted from playing on BetChain?
- Is BetChain support good?
- What are the available games on BetChain?
Let’s get started then?
- Website: https://www.betchain.com/
- KYC: Optional.
- Provably Fair: Yes.
- Licensed: Yes: Curacao.
- Welcome Bonus: 225% (up to 2 BTC)
- Deposit Methods: Crypto + Fiats.
- Live Chat: Yes
Does BetChain require registration?
It absolutely does. There are only a handful of Bitcoin casinos which allow playing without registration. And they aren’t really known for their professionalism or fairness. Most mainstream online Casinos do require a registration.
Here’s what the BetChain registration form looks like:
The form only requires:
- An E-mail ID
- A Password.
Pretty minimalistic, wouldn’t you agree?
Does Betchain require mandatory KYC Verifications?
BetChain’s KYC-policy is as good as can be expected. It’s not completely anonymous, but not as conservative and imposing as the KYC-policy which can be found on our Cloudbet Review or FortuneJack review.
Truth be told, there’s almost no Crypto casino which requires absolutely 0 identity verification. It’s just not legally possibly. Yet, BetChain offers an “optional KYC” policy.
As in, a user is allowed to deposit, withdraw funds, claim bonuses and play games without any KYC verification.
The verification is only required sometimes and not always. When it’s required is decided at the Casino’s discretion. Bottomline, it is possible to use the Casino without a mandatory KYC verification.
What are the BetChain bonuses?
This is our favourite aspect on any of the best Bitcoin Casino reviews that we do, the same holds true for this BetChain review as well.
So the Casino has a number of primary bonuses.
- First deposit bonus
- Second deposit bonus.
- Third deposit bonus.
- High roller reload bonuses.
- Weekly cashback.
- Weekly reload bonuses.
The total “deposit bonuses” amount to an impressive 225% with a 2BTC cap.
First deposit bonus
The first deposit bonus is awarded on the first-ever deposit a user makes to his/her account. It’s matched 100% with the user’s deposit, doubling the deposit. The maximum cap on the bonus is 1 BTC.
The maximum cap is much lower for fiat deposits, for e.g. just EUR 200, RUB 12,000, 600 AUD and so on.
The first deposit also brings in 200 free spins. These are credited 10 everyday, for 20 days straight. The maximum win possible with the free spins is limited at 0.1 BTC. Minimum wager required: 50x. A maximum bet of 0.0013BTC (varies for other Cryptocurrencies) is allowed.
Second and third deposit bonus
The second deposit offers a 50% extra fund on whatever is deposited by the user. It however has a lower cap of 0.5 BTC.
The third deposit is matched 75%. The maximum cap on this bonus too is 0.5BTC. Again, the fiat caps are much lower for both the deposits, being just EUR 500/ 30,000 RUB and so on.
The required wager and maximum allowed bet are 50x and 0.0013BTC respectively for these bonuses as well.
High-Roller reload bonus
This one’s an unique bonus, not offered by most other BetChain contemporaries. It also is the largest bonus on the Casino. It’s matched 75% of the user’s deposit, with a maximum cap of 7.5BTC!
It’s triggered when a user deposits a minimum of 2 BTC , 30,000₽, A/C$ 600, € 500 4,640 NOK or 7,000 ZAR. The bonuses must be wagered 50x before they can be withdrawn.
Weekly Cashback bonuses
Alike most other best Bitcoin Casinos, BetChain too has specific days of the week which offer cashback. These are awarded on the “losses” a user incurs.
Currently, every Monday-deposit is backed with a 10% cashback bonus. It’s limited at a maximum of 0.1 BTC, EUR 50.00, RUB 2,500 and so on.
It’s awarded only if the player loses a minimum of 0.001 BTC, 0.05 LTC, 0.01 ETH/BCH, 10 EUR, 1,500 DOGE, 150 ZAR, 600 RU,B, 30 CAD/AUD or 95 NOK the previous day!
The “day” isn’t always permanently fixed and may be changed at the Casino’s discretion.
Weekly reload bonuses
These too are awarded on specific days of the week. However, these are offered on a user’s first deposit every Wednesday. The bonus is a 25% match, along with 25 free spins.
It’s capped at 0.25BTC, EUR 25.00 (varies for other Crypto/Currencies). Again, by the time you read this BetChain review the day may be shifted from Wednesday to some other day of the Casino’s choice.
Which deposit/withdrawal modes are available on BetChain?
BetChain allows both Cryptocurrencies as well as fiat deposits. It has in-built payment processors for both the deposit modes. As in, you aren’t required to use third-party websites to make a deposit.
The accepted fiat payment modes are:
- Alfa click
*Cards aren’t allowed globally. Refer to our “Restricted countries” section for details.
And then there are the Cryptocurrencies which can be deposited directly. These include:
- And Bitcoin Cash.
Compared to Crypto-only Casinos such as the one mentioned in our 1xBit Casino review, I’d say BetChain offers a lot more options
What are the minimum/maximum deposit requirements?
There are two types of limits, or rather three. The first pertains to the “bonuses”. They can only be claimed if the minimum deposit requirement for each bonus is met.
The second type of limits include the deposit and withdrawal limits. There are limits, both minimum and maximum which can be deposited and withdrawn at a time on BetChain.
So the first deposit bonus (including the spins) can only be claimed if a minimum deposit of 0.005 BTC, 0.25 LTC, 10,000 DOGE, 0.05 ETH/BCH, 15 AUD/CAD, 90 NOK, 10 EUR, 1,000 RUB, or 150 ZAR is made.
The other deposit bonuses however are free from such limits.
As for deposits, each deposit method has its own minimum deposit limit, they’re as mentioned below:
- Cards/Skrill/PaySafeCard/ Neteller/Sofort/Zimpler: 10.00€
- EcoPayz/ InstaDebit/iDebit: 30 C$
- Yandex/Alfa-click/Promsvyaz/Qiwi/Svyaznoy: 200₽
Cryptocurrencies too have their own minimum limits:
- Bitcoin: 0.0001 BTC
- Ethereum: 0.01 ETH
- Litecoin: 0.01 LTC
- Bitcoin Cash: 0.001 BCH
- DogeCoin: 0.01 DOG
- Tether: 1 USDT.
Similarly, the maximum amount which can be deposited too has its limit for each transaction.
- Cards/Skrill/PaySafeCard/Neteller/Sofort/Zimpler: 4,000.00 €
- EcoPayz/ InstaDebit/iDebit: 15,000.00 CS$
- Yandex/Alfa-click/Promsvyaz/Qiwi/Svyaznoy: 30,000.00 ₽
There are absolutely no maximum limits on Cryptocurrency deposit.
What are the minimum/maximum withdrawal requirements?
Alike deposits, withdrawals too have their minimum/maximum limits. Cryptocurrency minimum withdrawal requirements are exactly the same as their minimum deposits, except for USDT. Here are the limits:
- 20 USDT.
- 20 BTC
- 200 ETH
- 200 LTC
- 20 BCH
- 200,000,000 DOG
- And 75,000 USDT.
As for fiats, you can withdraw a minimum of:
- 20€ via Cards/Skrill/Neteller.
- 30 C$ via ecoPayz/ iDebit and Instadebit
- 200₽ via Yandex and Qiwi.
There also are maximum withdrawal limits which are as follows:
- 00 € via Cards/Skrill/Neteller.
- 15,000 C$ via ecoPayz/ iDebit/ Yandex and Instadebit
- Or 30000₽ via Qiwi.
Is BetChain Provably Fair and licensed?
Yes. BetChain is a Provably fair casino. So players can verify that the fairness and randomness of the results independently.
Details on its Provability, as well as steps on how to verify the fairness have been explained on its Provably-fair page.
Its licensing too is transparently provided. Direx N.V is the parent company licensed to operate Betchain under the registration number: 131879. It’s licensed and governed under the laws of Curacao.
Which countries are restricted from playing on BetChain?
By “countries”, we mean citizen of those countries. Currently, the following countries aren’t supported by BetChain:
USA, UK, Spain, France (including its overseas territories), Netherlands, Dutch West Indies, St. Maarten, St. Eustatius, Saba, and Curacao.
Also note that fiat deposits via Cards has some restrictions as shown in the following screenshot:
Is BetChain support Good?
BetChain support is not only good, but excellent and impressive. The only support mode we used was its live-chat.
The representatives solve all problems without requiring the use of the other modes of communication. The initial response time ranges from a couple seconds to a couple minutes. The informative answers and overall etiquette of the staff did impress us. They also can be contacted via E-mail but we haven’t tried it out yet.
What are the available games on BetChain?
We doubt this BetChain review can be concluded without talking of its games? There’s no information available regarding the exact number of available games. The game providers however are pretty extensive as well as reputed:
The following categories of games are available:
- Poker Games
- Video Poker
- Card games
- High Roller Games
- And Provably Fair.
Final Verdict – BetChain Review
Signing off this BetChain review, here’s our personal take on the Bitcoin casino. It’s privacy-respecting and hence doesn’t have a mandatory KYC-policy. The deposit/withdrawal methods are more than enough and impressive. The games too do not disappoint.
The bonuses sure could be improved, but even now they lean towards the acceptable side.
All in all, BetChain is established, licensed, provably fair and has a good support. A lot of positives over a couple downers sure could be overlooked. Although, do let us know what you think of this BetChain review as well as the company in general!