Launched by the world’s largest crypto exchange, Binance, or BNB, is also one of the biggest coins in the world, making it an ideal choice for online gambling. It offers speedy deposits and withdrawals, low gas fees, and high privacy.
Naturally, that’s just the tip of the iceberg, and there’s a lot more you need to know about BNB gambling, including what the best BNB casino sites are today, how to use BNB on these platforms, what it offers in terms of games and bonuses, and more. This article covers it all.
Formerly Binance Coin, BNB is the native cryptocurrency of the BNB Chain ecosystem, created by Binance to support smart contracts and decentralized applications (dApps).
Binance designed it in an effort to expand its offerings, which now include the Binance Chain, Binance Smart Chain, the Binance crypto trading platform, Trust Wallet, Research projects, and the Binance Academy.
More importantly, the goal was to create a blockchain with faster and cheaper transactions than Ethereum while retaining the added functionalities Ethereum has introduced to the crypto sphere.
BNB was launched in 2017, initially as an ERC-20 token residing on the Ethereum blockchain. Binance eventually migrated it to its novel BNB chain and made it the native crypto. It serves two primary roles on the chain:
The goal of the chain is to have a max supply of 200 million BNB coins, while Binance completes regular burns to maintain the coin’s value and cause a deflationary effect.
The quarterly burns have become notorious for the massive amount of wealth they burn. One of the biggest burns happened on April 16, 2021, when Binance burned over $600 million worth of BNB coins.
BNB is treated like most cryptocurrencies, making it legal in most countries of the Western world. The rest of the planet typically doesn’t have any laws on cryptos, which generally means it’s safe to use them. Only a few countries, most notably China, ban cryptocurrencies altogether, while a few, namely Russia, have old laws that effectively place crypto in a contentious space.
However, that doesn’t mean BNB is without its legal issues, like many of the major cryptocurrencies, especially those launched by large corporations. And, yes, most come from the United States.
The U.S. Securities and Exchange Commission (SEC) has alleged that the coin is an unregistered security in several of its lawsuits. However, none of these lawsuits have been resolved as of the time of writing.
Let’s review the main advantages of paying at online casinos using BNB.
The BNB Chain was designed with speed in mind, so it’s not surprising that the majority of transactions take a few seconds or up to a minute to complete. The good news is that most Binance casinos handle both deposits and withdrawals automatically, so there’s no added waiting time.
Transactions on the BNB Chain are pretty cheap. Gas fees usually range from $0.03 to $0.12. Several major coins have lower gas fees, but the BNB ones are still much lower than those of Bitcoin, Ethereum, and almost any fiat payment method.
Binance, as crypto, is not limited to any specific country. It can be used safely in any nation that doesn’t ban cryptocurrencies. That means most BNB casinos are available worldwide.
Most crypto casinos have bonuses that are noticeably higher than those claimed with fiat payment methods. The same is true for BNB online casinos, so you’re likely to find plenty of match deposit bonuses with bigger percentages and max bonus funds, and free spin offers with a higher number of spins.
You need to know about several important downsides of gambling with BNB before you join a BNB gambling site, so here’s an overview:
Choosing the right BNB casino for you depends on several criteria that these sites share. Let’s review the most important ones so you know how to evaluate BNB casinos.
Besides the fact that the BNB casino needs to use BNB for both deposits and withdrawals, it must have a secure environment for these transactions to occur. Most notably, the site must feature SSL encryption.
A reputable BNB casino shouldn’t charge its own fees on BNB payments, as most don’t. Moreover, deposits must be instant, and the same should be true for withdrawals, at least for the transactions that follow the initial one. Also, minimum and maximum deposit and withdrawal amounts should accommodate both casual players and high rollers.
A good BNB casino will always hold a proper license like that from Curacao eGaming, the Anjouan Betting and Gaming Commission, or the Malta Gaming Authority. More importantly, the reputation in the gaming community should be positive.
A reputable BNB casino typically features a game library of over a thousand games. The diversity is also impressive, featuring a substantial number of slots, live dealers, live game shows, RNG table games, crash releases, various instant games, and provably fair releases, all of which are common at top-rated crypto casinos.
A reputable BNB casino consistently offers a diverse range of promotions. More importantly, the bonus terms are fair and not overly constrictive. As for the types of bonuses you want to see, the most common ones described below should be at the top of your list.
Some of the most popular bonuses in BNB casinos include:
These promos match your deposit, sometimes equally and sometimes by as high as 200% or even 300%. These offers are typically the main part of a welcome package, but you’ll also find them as ongoing promotions.
Free spin offers are simple because they award you with a certain number of spins for one or more slots, either for free or in exchange for a deposit. They are often part of loyalty programs, weekly reload bonuses and welcome packages.
These bonuses compensate for your losses. Generally, they return up to 30% of lost funds for a specific timeframe. However, they often have wagering requirements and restrictions like minimum and maximum amounts of recuperated funds.
Here’s a quick guide that should help you get started with a BNB casino.
Pick a platform from our list and visit the website using our link. We sometimes have exclusive deals with operators, so you can get access to a special bonus. Click the Register/Join/Sign Up button and start entering the necessary personal information. Bear in mind that many BNB casinos will only require your email address. Verify it if necessary.
If you don’t already have BNB, purchase it through your crypto wallet, provided it supports this option. Buying BNB works similarly to purchasing any other cryptocurrency – locate the coin, enter the desired amount, select the payment method, review the details, and confirm the transaction.
You can also buy BNB through Binance and then transfer it to your wallet, allowing you to deposit those coins in the BNB casino later.
Return to the BNB casino and log in. Review the terms for the welcome bonus, especially the minimum deposit amount required, so you know how much to deposit to obtain the promo.
Then, visit the Deposit section and choose BNB. Enter the amount and scan the QR code with your crypto wallet app. Confirm the payment and wait for the funds to be credited to your casino account, which should transpire within a minute.
Visit the game library and choose a game to start playing. If you’re using the welcome bonus funds, ensure you’re playing a game that fully contributes to the rollover so you can quickly complete the terms and have the opportunity to withdraw.
Once you accumulate enough withdrawable funds, visit the Withdraw section. Enter the BNB amount and address from your wallet. Review the request and confirm it. The funds should appear in your wallet quickly unless the casino needs to conduct some checks beforehand.
Here are a few alternatives to using BNB as a crypto payment method:
Even though the fees are high and waiting times are long, Bitcoin (BTC) is still the most widely available crypto in online casinos.
Tether is ideal for every player who dislikes the inherent volatility of BNB. That’s because USDT’s price is tied to the U.S. dollar.
Once I’ve learned to avoid scams and low-quality sites in the crypto space, I’ve had nothing but good experiences with BNB casinos. Every reputable site I’ve joined offered an enjoyable experience and had very few issues.
Payments went smoothly in most cases, while gaming was great, even with more demanding releases like live casino games and 3D slots.
If the text hasn’t provided you with all the answers you sought, read the FAQs and answers below.
Yes, BNB casinos are largely secure, and so is the BNB Chain itself, although it has experienced a few breaches in the past. The bigger concern is always the casino itself, so it’s crucial to choose a reputable and legitimate platform.
Most countries don’t have laws specifically governing BNB casinos or crypto casinos in general. However, international crypto casinos are largely considered safe to join as long as your country doesn’t have restrictive bans on online gambling in general.
It depends on the casino, but most do. Bear in mind that the initial withdrawal might be processed, meaning it will take some time, but subsequent ones should go smoothly.
Yes, of course you can. In almost all cases, as long as BNB deposits are supported, BNB withdrawals will also be supported.
The BNB Chain doesn’t place limits on BNB transactions, but BNB casinos do, for practical reasons. The limits vary significantly from site to site, so it’s crucial to check what they are before joining to ensure they support your needs.
In name, yes, but in practice, it’s complicated. The BNB Chain has a variant of the Proof-of-Stake mechanism with 41 validators. Many of the validator nodes are operated by individuals or organizations closely affiliated with Binance, meaning the company certainly has significant influence over major strategic and development decisions.
