Information about BitBay Pay casinos
BitBay Pay is an international payment gateway that converts cryptocurrencies into fiat currencies for online merchants. Offering instant conversions, it's available for users to access on their desktop or as an app that they can get from the Apple store or Google Play.
Some online casinos form part of the hundreds of websites who accept BitBay Pay as a payment method. You can learn how to find those sites on this page, as well as how to make a BitBay deposit, the positives and negatives of using the method, and some details about the company behind it.
BitBay: a crypto payment gateway used by several major corporations
BitBay Pay is part of the BitBay Group, a Latvian cryptocurrency venture formed in 2014 that also has one of the largest crypto exchanges in Europe. While BitBay knew they were in a growing industry, they spotted an issue: many merchants and online platforms wanted to accept crypto but were unable to.
In 2016, they came up with a solution. BitBay Pay was a payment gateway that automatically converted crypto payments to fiat currencies, such as US dollars or Euros. Customers simply used it to transfer crypto from their wallet into the relevant fiat currency in the merchant's account. Merchants could use a Point-of-Sale (POS) app to process the transactions and attract crypto users to their business. It could convert in the opposite direction, too, if necessary.
Over its first few years of trading, BitBay added a number of crypto coins to its catalog of options, including Ripple and ZCash, as well as the two heavyweight cryptos Bitcoin and Ethereum. Several major websites signed up, too, with the likes of Amazon and McDonalds welcoming BitBay Pay into their fold. The service was available globally and quickly built up a considerable customer base.
BitBay already had an Estonian cryptocurrency licence to back up its products, so customers were able to use the gateway knowing that it complied with its procedures and regulations.
In 2021, BitBay exchange reached over 1 million users and BitBay Pay followed in its slipstream, enjoying a status as a trusted and popular crypto payment method.
Pros and cons of BitBay Pay
The main selling point of BitBay Pay is its quick conversion method. Many people feel a little daunted by crypto-to-fiat process, but BitBay takes the stress out of this by offering instant transactions. It opens up a world of options for the user, who can now spend their crypto in any online platform, rather than in just crypto-friendly sites like Bitcoin-friendly casinos.
It's also extremely easy to use: you can make a transaction in just a few clicks and the BitBay app is simple to navigate, offering a nice management panel where you can control and monitor your funds.
BitBay Pay is also cheap, charging a small transaction fee that reaches a maximum of just over 1% for crypto-to-fiat conversions, much lower than the conversion rates charged by the likes of PayPal.
However, be warned that the BitBay Pay website is not great if you have an issue. Their FAQ section isn't written very clearly and when we sent a test enquiry to an agent, they didn't respond in a helpful manner. There are also mixed reviews about this service online, indicating that BitBay need to work on their customer service skills.
How to use BitBay Pay in online casinos
Once you've found a compatible BitBay Pay casino, then you'll be looking to make a deposit so that you can start playing games.
This section will take you through this process step-by-step. Before doing anything, make sure that your casino account is fully open and ready to receive funds.
Then, do the following:
- Go to the cashier in your online casino and select BitBay Pay as the deposit method
- You'll see a wallet address for the casino pop up: copy this and paste it in your crypto wallet
- Enter the amount your wish to deposit
- Once you double-check the details, click confirm to finalize the transaction.
The funds should appear in your casino balance instantly, however it might sometimes take a short while. If you find that they're not there after a few hours, then contact your wallet or the online casino to see what went wrong.
Withdrawals are also possible, but this will depend on which Bitbay Pay casino you use. If you're able to, then it will be the same process as above, only in reverse. You might incur an additional fee and a longer processing time.
How to find the best BitBay Pay online casino
Knowing how to use BitBay Pay in an online casino is one thing, but how can you be sure that the casino in question is any good?
This question is the very reason that we created this page: to help you find the best BitBay Pay sites. To do this, we've designed a rating and review system to analyze the casinos for you, and you just use this page's filters to help you navigate through them.
The 'Recommended' tab is a good place to start. When you select this, you'll see the BitBay Pay casinos that have scored the highest in our assessment of them. These are the ones that give you the best chance of a great playing experience.
The 'Newly opened' tab, meanwhile, will give you all those new BitBay Pay casinos that are trying to make a name for themselves. These will often offer tempting welcoming bonuses as they try to build their customer base. The 'All' tab next to it, will draw up the full list of BitBay-compatible casinos.
Note: You'll also see another set of filters that lets you sort the sites according to other features. If you want to find a casino with games from a specific developer, like Novomatic casinos or Microgaming casinos, then just click the relevant option in the 'Game Provider' filter. If you want a certain type of casino game, then choose your preference from the likes of slots and roulette in the 'Casino Games' section. The idea is for you to pinpoint the exact BitBay site that you're looking for.
Bear in mind that our team works hard to make sure the list is correct and up-to-date, so you shouldn't find any irrelevant options.
How to find bonuses offered by BitBay Pay casinos
There's one last thing to talk about: casino bonuses. A big hit with players, they potentially offer something extra, whether it's a deposit (or welcome) bonus or, even better, a no deposit bonus.
To find bonuses offered by BitBay Pay casinos, you can go to our list of casino bonuses and choose 'BitBay Pay' in the payment method filter there.
You may want to narrow down these bonuses by type, in which case just go to the 'Bonus Type' section and choose 'deposit bonus' there, for example. You can get these results another way by going to our list of deposit bonuses and choosing 'BitBay Pay' there.
