Binance is one of the world’s leading crypto exchanges, and Binance Coin (abbreviated to “BNB”) is the native coin of the Binance smart chain platform. What does it all mean? Put simply, BNB is a cryptocurrency just like Bitcoin, Ethereum, Litecoin, or even Doge. It can be spent online or traded for other currencies – even fiat currencies like U.S. dollars or euro. This makes it incredibly useful.
As particular coins become more popular, we typically seek to add them to our supported payment methods list. By market capitalization at the time of this writing, BNB is the fourth largest coin on the planet. For that reason, we’ve made sure that our players can use it here to play thousands of casino games like slots, blackjack, baccarat, live games, and lots more.
Let’s talk about how to get in the game using this coin, for starters.
How to Use BNB for Casino Games
If you don’t have any BNB in your crypto portfolio (or you don’t have any crypto at all), don’t worry. The process is actually pretty simple when you break it down into steps. It’s not that much different from getting any other currency into your account.
- Get a crypto wallet if you don’t already have one. Digital wallets are how users hold crypto. We often recommend Jiggle, which is an online wallet, but you can use whichever you like.
- Purchase BNB from an exchange. You can use any reputable crypto exchange you like. We typically refer users to Waltzer. All you need to do is fund your account with crypto or fiat money and then exchange it for whatever quantity of BNB you want.
- Send BNB to your mBit Casino account. If you’re going to play here, simply create an account with your email and then browse to the deposit page. There, you can generate a QR code and wallet address. Scan the QR code with your wallet app on your phone or paste the wallet address into your digital wallet’s transfer page. Then, submit the transaction. This will fund your casino account with Binance Coin, and you’ll be ready to play.
After your account is funded, you can launch any game you like and play. Your BNB balance will appear automatically, and you can use it to wager on games for real money.
Why should you use BNB when playing casino games?
There are a few significant advantages of crypto gambling that our players enjoy.
One is the speed and convenience of transactions. While traditional payment methods like credit cards and mainstream financial accounts may be subject to long delays of days (and then be declined), cryptocurrency transactions happen in minutes. This means that you can make a deposit and play much more quickly than you otherwise would.
Privacy and anonymity are also quite nice. Traditional accounts are connected to our personal information. But accounts at mBit Casino require only an email address. From there, your crypto accounts are your own business. Crypto transactions are public but not attached to anyone’s personally identifiable information.
Playing with cryptocurrency like BNB also gets you a wealth of promotions like deposit matches, free spins, loyalty program rewards, and so much more. We highly encourage players to take a look at what is offered and see how many freebies there are when you use Binance Coin or another cryptocurrency of your choosing to play at online casinos like ours.
Slots to play with BNB at mBitcasino
When you use Binance Chain currency, you get access to thousands of slots at our casino. Some of our favorites include:
- Sweet Bonanza – a super fun and colorful Candy Crush-type slot with a bonus buy feature and cascading reels that chain into bigger wins.
- Gates of Olympus – take a trip to an audience with Zeus, the king of the Greek gods. Steal his thunder and his riches if you can!
- Elvis Frog in Vegas – a larger-than-life mascot and a catchy soundtrack, plus coin respins and the Tutti-Frutti jackpot, make this one a blast.
- Wanted Dead or a Wild – a Western slot with more whiskey, money, and ammo than you can shake a Colt 45 at.
Blackjack Games to Play with Binance Coin
If you’re into more traditional table games, you can take a crack at over 200 versions of blackjack. Our players love:
- Blackjack (from Mascot) – a smooth, pared-down version of the casino classic featuring dealer hand history.
- Single Deck Blackjack – if you’re into blackjack without multiple decks, give this one a shot.
- Bitty’s Blackjack Pro – our own custom in house game, featuring a bonus bet that pays out on certain jacks dealt to the player.
- Live Dealer Blackjack – all the fun of a night out at the casino with live streamed dealers, enjoyed from the comfort of your own home (or wherever else you want to game).
Roulette Tables to Gamble at with BNB
Binance crypto players also flock to our roulette tables. In addition to classic roulette and European/American versions, we offer games with random bonuses and other upgrades. Give Lightning Roulette a try if you want an absolutely electric experience.
With over 130 roulette versions to try, you’re going to find something fun here for sure.
History and Investment Outlook
BNB was originally launched as a token on the Ethereum network in 2017 by Binance founders Changpeng Zhao and Yi He. It eventually was migrated to become the native currency of Binance Chain, which is another way of describing Binance’s blockchain platform.
As of the time of this writing, the projections for the value of Binance Coin are quite positive. Crypto news are telling us that we’re expecting a continuous growth of crypto over the coming year (although investors can expect the usual volatility and disclaimers about doing their research). For now, Changelly has it gaining around 50% of its value in that time frame. Not a bad time to get in if it fits in your crypto portfolio.
FAQ
Can I deposit Binance Coin directly into mBit Casino?
Yes, mBitcasino supports Binance Coin deposits for easy transactions.
Are Binance Coin withdrawals instant?
Most are processed within about 15 minutes. Please check our help center if you experience delays.
Do I need a Binance Chain wallet to buy BNB?
Please check compatibility with your wallet before purchasing any BNB.
Is there a deposit minimum at mBit Casino?
Please check our Terms and Conditions page for an updated minimum deposit amount for any particular currency.