Bitvest is one of the regular names of the Bitcoin gambling industry. It was founded in 2014 by owners who already had a couple of years of experience in running a successful bitcoin gambling website, 777coin.
- Light and fast website
- Option for investment
- Different ways of earning and bonuses
- Low minimum deposit and withdrawal limit
- Only six games to select from
- A bit drab website theme
- No phone or live customer Support
For the past couple of decades, online casinos have been remodeling the way of gambling. Now, it gets even better with the cutting-edge technology of blockchain and cryptocurrency. It is only natural that the wealth of benefits offered by bitcoin and other cryptocurrency be applied to online casinos. That has led to the emergence of several bitcoin casinos, one of which is bitvest.
Bitvest is not a regular bitcoin gambling website, as it also provides a platform to invest in a crowdfunded bankroll.
Surprisingly, the link between Bitvest and 777coin is the most we get from our digging into the ownership of this bitcoin casino. Information about the owners is not displayed on the website as one would expect; only it is owned by Lightlord and managed by zodiac. Also, no mention of the game developer on their website. Of course, that would have been a red flag if this review was about a regular online casino.
But the bitvest and 777coin have earned some level of trust after more than five years of operation. And this is a bitcoin casino website, where anonymity is a thing of pride. It would not surprise us a bit if Santoshi Nakamoto happened to be the mentor of the owners.
One exciting thing about Bitvest is that you can kickstart your gambling activities with “rain” bonuses and/or by claiming free tokens from their faucet. The bonus is always offered every 90 seconds or so. Or, you can invest and earn regular profits. Either way, bitvest is worth giving a whirl.The Lady – Crypto Casino Expert
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Opening the bitvest, you are greeted by a simple, blue-themed interface with features, games, and currencies all accessible on the home page at a click. The website is very responsive and rarely experiences technical issues but with an underwhelming overall appearance.
Conspicuously listed on the left-hand side of the website is the games you can choose from, they don’t require much space anyway. The site has only six games, which is quite disappointing if you are an avid player and expect a more extensive game library. Despite offering very few games, bitvest casino has a way of keeping the users’ interests and spicing things up with bonuses and promotions.
Our research, judging by customers’ reviews bitcointalk and other forums, combined with our experience of using the website, show the customers are having a lot of fun on bitvest. Getting used to the terms on bitvest may take some time, especially for those new to a bitcoin casino.
Instead of the standard terms of a welcome bonus, deposit bonus, cashback, etc. used in an online casino, faucet, daily quest and rainbot are common words for offers here.
So what should you expect from these offers? Let’s break it down.
Bitvest faucet is one of the fastest ways of earning some money from a crypto casino. You can earn as much as 175,000,000 in tokens by solving simple captchas. Tokens you acquire from the faucet can be exchanged for Bitcoin to bet with, at the rate of 1 satoshi per token, after accumulating 200,000 of it.
Another unique and exciting way of earning free tokens on bitvest is the daily quest. This offer gets even better if you’re consistent. You can get as much as 200% bonus for consistently participating in the daily quest multiple days in a row.
There’s also a level system that rewards you with more tokens based on your level. The general requirement is for you to complete your easy daily tasks within 24 hours.
Rainbot is the chatbot that rewards you just for chatting. You heard that right; it can shower a bonus rain of as much as 1 million tokens on the members for being active in the chat. But, you cannot interact with the bot in any way.
You only need to contribute constructively, and you may get free tokens as a reward. Remember, you need 200,000 to exchange your tokens with bitcoin at the rate of 1 satoshi per token.
Unlike standard online casinos, bitvest gives you the chance to become part of the house. That means you will end a certain percentage of the gambling profit (or loss). Remember, the house, more likely than not, wins. Bitvest shared the formula for calculating the profit or loss on your investments for transparency as follow:
Your share is equal to (Your Investment / (Your Investment + Global Bankroll + )) * 100%.
One of the few flaws of bitvest is the number of games on offer. But It makes up for the scanty six games with impressive features that keep the members entertained and active on the site. The headliner game is the Plinko, which is popular among the members for its simplicity and uniqueness. The list of the six games are:
Bare any technical issues, your request for withdrawal processes within 24 hours of initiating it. Both deposit and withdrawal are smooth with no KYC or other verification required, so your privacy is never compromised. Both the deposit and withdrawal limit is at 0.00120 BTC, currently below $10.
One of the appeals of cryptocurrency and its technology to crypto enthusiasts is diversification. The Freedom of holding and investing in several currencies is the new cool, which makes it understandable for crypto users to invest or gamble in an online casino that gives them several currency options. Bitvest operates mainly with bitcoin and in-house token but supports other currencies such as ETH, LTC, BCH, and DOGE.
Having an issue or urgent inquiry on a website with no live or phone support can be an extra headache. While the chance of having difficulty using bitvest’s website is slim, but if you do, you have to contact the support through email or submit a ticket. And hope for a quick response.
Bitvest introduced freshness and uniqueness to bitcoin casino games and operations. It does not matter whether you gamble for leisure or take it more to heart; the site fits in everyone. Our bet is you getting drawn in by the chance of earning non-stop from chatting, betting, or investing.