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Best Binance USD Casinos 2024

Online gambling with any cryptocurrency is easier when you access crypto exchanges like Binance. Established in 2017, based in Japan, and registered in the Cayman Islands, Binance is where players can buy and sell their favourite crypto tokens, including Bitcoin, Ethereum, Litecoin, and Ripple. They also have their cryptocurrencies which include Binance Coin (BNB) and Binance USD (BUSD).

🔥 Binance USD (BUSD) is available for gambling in the UK, including sports betting and online casinos. Numerous online casinos now accept cryptocurrencies like Binance USD, enabling consumers to make transactions safely and easily. It’s crucial to keep in mind, though, that as of June 2023, the UK’s Financial Conduct Authority has decided that Binance’s local branch there is no longer permitted to offer regulated services in the UK.

What is a Binance USD Casino?

Binance.us was established in 2019. The platform is registered with the United States Financial Crimes Enforcement Unit and is built to comply with all US regulations for purchasing and selling crypto tokens. There have been some bumps in the road for them since then, but they’re now approved in forty-four different states.

Binance USD casinos are online casinos that accept Binance USD. BUSD is classified as a “stablecoin,” meaning it’s less volatile than more well-known crypto like Bitcoin and Ethereum. This appeals to online gamblers because they’re not at risk of losing value on their currency after winning at the gaming tables or slot machines.

To ensure stability, the Binance US dollar trades at a 1:1 rate with the standard US dollar. Binance achieves this by destroying excess tokens and adding when they need to deflate the value. BUSD operates on the Binance Smart Chain (BSC), which is a blockchain like Ethereum uses. They offer the same security with a stable value.

Pros and Cons of Binance USD Casinos

There are concerns about crypto gambling that are addressed by stable coins like Binance USD. Volatility is one of them. Unfortunately, BUSD is unavailable or accepted everywhere, creating a problem for travellers.

  • Thumbs-Up BUSD is pinned to the US dollar, so it's always a 1:1 exchange rate
  • Thumbs-Up Using Binance USD at your favourite online casino is simple
  • Thumbs-Up The Binance platform is registered with the United States Financial Crimes Enforcement Unit
  • Thumbs-Up With a value that doesn't fluctuate, online casinos can treat BUSD the same as cash
  • Thumbs-Down The United Kingdom's Financial Conduct Authority ordered Binance to stop all regulated activity back in 2021
  • Thumbs-Down Despite its stable value and close ties with the US government, Binance USD has still not been adopted globally

How to Make a Casino Deposit With BUSD

The first step is to find an online casino that accepts Binance USD. Many of these are inside the United States or in France, where Binance has a high level of popularity. You’ll also need a crypto wallet to store and do transactions with your BUSD. We’ve compiled a list of Binance USD casinos on this page for your convenience.

  1. Select your favourite Binance USD casino.
  2. Find the cashier’s window or banker’s area.
  3. Confirm that the casino accepts Binance USD.
  4. Provide the unique identifier for your crypto wallet.
  5. Enter the amount you want to deposit.
  6. Wait for confirmation.

In most cases, the transfer should go through in just a few minutes. Longer delays could be internal at the casino or through your crypto wallet provider. Once the money clears, there should be no limitations on the casino games you can play with your BUSD.

Binance USD Casinos Deposit Fee

It’s not likely that the casino will charge you a fee to make an online gambling deposit into your casino account, but it is possible. Transfer BUSD from your crypto wallet into your casino account may also be a fee. These fees are rare and minimal when they occur.

How to Make a Casino Withdrawal With BUSD

For the fastest casino withdrawal, you’ll need to provide once again the unique identifier attached to your crypto wallet. Your winnings, or the remainder of your balance if you’ve taken some losses, will then be transferred to you over the Binance Smart Chain.

Follow the steps from the casino small deposit section. The process is almost identical.

  1. Go back to the cashier’s window or banker’s area.
  2. Provide the unique identifier for your crypto wallet.
  3. Enter the amount you want to withdraw.
  4. Wait for confirmation.

Binance USD Payout Fees

Payout fees are generally determined by the casino you’re withdrawing funds from. Crypto wallets may charge fees for BUSD conversions to fiat currency and a small, fixed fee or percentage for transactions.

It would help if you investigated this before signing up for a wallet or gambling at a specific online casino. Fees vary from location to location. You can find more info about BUSD on Binance.com website.

Binance USD Online Casinos Withdrawal Time

Withdrawal time is another factor that is affected by the casino’s policies. Some casinos have a “holding period” when they verify winnings and ensure that all casino rules have been followed. This holding period could be one to three days in some cases. With no holding period, the Binance USD withdrawal should show up in your wallet within twenty-four hours.

How to Setup a Binance USD Account

Online gamblers can set up a Binance account on their website using an email address, through the Binance mobile app, or by registering a mobile phone number. In the United States, you’ll need to go to Binance.us. Once registered, click the “buy crypto” link to buy Binance USD. You can use any of the following methods to obtain a stablecoin:

  • Credit/Debit Card.
  • Bank Deposit.
  • P2P trading.
  • Third-party payment apps.

Binance is a crypto exchange, meaning that you can buy tokens with credit cards or bank accounts, trade with other users, or use a third-party payment app that supports cryptocurrency. Once you’ve secured your BUSD, you can spend it or hold it in your crypto wallet. Its value is pinned to the US dollar, so you don’t need to worry about volatility.

Why Choose Binance Online Casinos?

Binance USD is a stablecoin, so it doesn’t lose its value like other well-known cryptocurrencies. In the United States, the Binance crypto exchange is heavily regulated. While playing at online gambling websites, no casino deposits and withdrawals happen through Binance’s blockchain, so security is not an issue.

These are all good reasons to use Binance USD for online gambling.

Binance USD Casinos FAQs

Binance USD is not as popular as Bitcoin or Ether, but it’s much more stable if you’re looking for a digital currency that will hold its value. These are some common questions that are asked about using Binance USD for online gambling:

Yes. There are several. Many of them are located inside the United States and in Europe, though Binance is currently banned in the United Kingdom.

For your convenience, we’ve compiled a list of Binance USD casinos and published it at the top of this page. Some of the more popular sites are BC.game, BetFury, and Bitsler.

Yes. Any casino that processes deposits and withdrawals using the Binance Smart Chain is safe. The blockchain heavily encrypts all transactions with a unique identifier.

Binance.us is registered with the United States Financial Crimes Enforcement Unit and is built to comply with all US regulations for purchasing and selling crypto tokens.

Many Binance USD casinos are hosted inside the United States. Others can be found in western Europe, particularly France, where Binance has not had any regulatory difficulties.

They work the same as any other online casino that accepts cryptocurrency. Binance USD is transferred via crypto wallet using secure unique identifiers for the user and the online casino bank. All transactions are heavily encrypted using blockchain technology.

Binance USD (BUSD) is a USD-denominated stablecoin approved by the New York State Department of Financial Services (NYDFS) and launched in partnership with Paxos and Binance.

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Kevin Flynn is a lean start-up business consultant, PowerMBA, and Senior Financial Markets Editor at Investors Prism. He lives in Leominster, Massachusetts, with his wife…

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