Binance USD (BUSD) is a stablecoin issued by Binance in collaboration with Paxos. BUSD's stability and strong backing make it an appealing option for gamblers, even though it is rarely accepted for both deposits and withdrawals at crypto casinos.
| Casino | Bonus | Features | Rating | Website | ||
|---|---|---|---|---|---|---|
| Stake | Stake | stake.com | $100k $100k Daily Race |
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| BC.Game | BC.Game | bc.game | 5 BTC Up to 220,000 BCD |
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| Cloudbet | Cloudbet | cloudbet.com | $2,500 $2,500 + 100 free pins |
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| JackBit | JackBit | jackbit.com | $100 100 free spins up to $100 win |
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| BoxBet | BoxBet | boxbet.io | $25,000 200% up to $25,000 |
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| MetaWin | MetaWin | metawin.com | Lotteries |
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| Metaspins | Metaspins | metaspins.com | 1 BTC 100% deposit match up to 1 BTC |
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| Empire.io | Empire.io | empire.io | 1 BTC 100% deposit match up to 1 BTC + 100 free spins |
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| Bets.io | Bets.io | bets.io | 1 BTC 100% deposit match up to 1 BTC + 100 free spins |
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| Rakebit | Rakebit | rakebit.com | 200 FS Up to 200 free spins |
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Established: 2017
License: Curaçao
Best for: Games and bonuses
❌ KYC may be required
BC.Game is one of the top crypto casinos in the game (it’s number two on our list overall) and is a great choice for BUSD gambling.
It also happens to be one of the only BUSD-friendly casinos that accept BUSD deposits and withdrawals.
New players can claim the four-part welcome package up to $220,000 in value, along with regular Lucky Wheel Spins (with prizes as big as 5 BTC).
As for games, you’ll have your pick of over 10,000 options, including a great selection of high-RTP provably fair games.
Now, what about Binance USD limits?
| BUSD Limits | BC.Game |
|---|---|
| Min. Deposit | None |
| Max. Deposit | None |
| Min. Withdrawal | 21 BUSD |
| Max. Withdrawal | None |
As you can see, BC.Game doesn’t disappoint in the limits department, either!
Here’s where to get started:
Binance USD (BUSD) is a stablecoin launched by Binance, one of the world’s largest cryptocurrency exchanges, in partnership with Paxos, a regulated financial institution.
BUSD was introduced in September 2019 to provide a stable digital asset that maintains a 1:1 value with the US dollar.
This means for every BUSD issued, there is an equivalent amount of USD held in reserve by Paxos.
BUSD’s primary goal is to offer a reliable and stable medium of exchange, helping users avoid the volatility often associated with cryptocurrencies.
Binance USD is not to be confused with Binance Coin! Binance Coin is the native cryptocurrency of the Binance platform and exchange.
BNB was launched in 2017 to fund the development of the Binance exchange. Unlike BUSD, BNB’s value fluctuates based on market demand and the overall performance of the Binance platform.
Here are some more key differences:
| Feature | Binance Coin (BNB) | Binance USD (BUSD) |
|---|---|---|
| Type | Utility Token | Stablecoin |
| Launch Date | 2017 | 2019 |
| Issuer | Binance | Binance and Paxos |
| Value Peg | Market-driven | Pegged to the US Dollar (1:1) |
| Primary Use | Transaction fee discounts, token sales, etc. | Stable medium of exchange, reducing volatility |
| Volatile | Yes | No (maintains 1:1 value with USD) |
| Regulation | Not regulated as a stablecoin | Regulated by the New York State Department of Financial Services (NYDFS) |
| Blockchain | Binance Chain, Binance Smart Chain (BSC) | Ethereum (ERC-20), Binance Smart Chain (BEP-2, BEP-20) |
So, why use BUSD over fiat or other popular cryptocurrencies?
❌ Limited Acceptance: BUSD is supported by very few crypto casinos. For example, only BC.Game made the cut on our BUSD-friendly casinos list.
All in all, the pros of gambling BUSD seem to outweigh the cons.
Of course, it’s not ideal that most casinos don’t accept the crypto, but one of the best crypto casinos in the world (BC.Game) does—which is some sort of consolation.
Newbies, this section is for you! Gambling with Binance USD is pretty simple, but if you’re new to crypto gambling as a whole, here’s how it works:
That’s all there is to it! In any case, casinos like BC.Game always go out of their way to ensure the easiest gambling experience—so don’t overthink it.
Short answer: it depends on where you live.
While BUSD’s iron-clad security and regulation makes it more trustworthy than most cryptocurrencies out there, it doesn’t guarantee smooth sailing in terms of legalities worldwide.
In the end…
It depends on whether cryptocurrency and online gambling are legal in your country or state.
If you’re new to the crypto gambling scene and unsure about your region’s stand on the matter, here are some tips to guide you:
If you ignore regulations and sign up at a casino from a restricted region, you risk losing your funds and getting banned during the KYC process.
There you have it, your guide to gambling with BUSD, and our recommendation for the best BUSD-friendly casino (BC.Game).
We’ll keep our ears to the ground and be sure to let you know if any more casinos add Binance USD to their portfolios.
