Unlike physical currencies such as Rands and Dollars, Bitcoins are not tangible, printed money, but exist exclusively in the digital space. Before we go any further, let’s clarify exactly what Bitcoin is:īitcoin is a type of digital currency that's created and held electronically online. Essentially, these are online casinos that offer their players the opportunity to pay for their gaming entertainment using the crypto-currency known as Bitcoin (or BTC for short). If you’ve spent some time in the online casino sphere, you will most certainly have come across the concept of Bitcoin casinos.