The popularity of digital cryptocurrencies in recent times has unlocked a new world of possibilities in the online space. One of them is the emergence of Bitcoin gambling where players can bet on casino games using Bitcoin. A Bitcoin casino is advantageous due to its flexible transaction options and faster payouts. In this article, we will explain everything you need to know about this medium of exchange.
Register for a Bitcoin account
Choose a casino and make a deposit
Play and Win
Withdraw your Winnings
Pretty much everyone has heard about Bitcoin. This is a cryptocurrency that allows users to complete swift transactions. User security is guaranteed because users are practically anonymous. Moreover, Bitcoin doesn’t depend on any third parties like banks which means no one but the user will have an insight into the account. Deposits at crypto casino sites are instant, but withdrawals can take up to 2 days to be processed. Sometimes this process lasts faster but it’s faster than most casino payment methods.
With these things in mind, you can see why lots of sites offer this payment method. Furthermore, the transactions with Bitcoin come with fees, however, these are pretty small when compared to traditional casino payment methods. In other words, it’s a small price to pay for an excellent service. Bitcoin is the future of casino payments and there are many reasons for it to stay. With features like this, it’s hard to resist.
Before you make a deposit in a cryptocurrency casino make sure Bitcoin is supported. Also, make sure that your e-wallet has enough Bitcoin needed to make a transaction.
1. Go to the official Bitcoin website.
2. Download the app.
3. Register or sign in to your Bitcoin account.
4. Top up your wallet and play at your preferred casino.
How do I deposit using Bitcoin?
In all the Bitcoin casino reviews, you’ll find that Bitcoin is a convenient casino payment method. You just go to the Cashier, enter the information you need to make a deposit and then you confirm the transaction. In other words, the process is a piece of cake as no third party will impede it and no third party will be informed of the process, keeping your financial data safe and sound.
How do I withdraw using Bitcoin?
The withdrawal process on a casino Bitcoin site is slower than the deposit one. But it’s just as secure. Once you enter the amount you want to withdraw then you can confirm the transaction and pay the modest fee to make the transaction happen. The processing period takes up to 2 days to be completed and afterward you’ll see the money in your Bitcoin wallet. It’s a slow process, but not as slow as other casino withdrawal methods.
Now that you know about Bitcoin you know what you can expect. One of the features of this digital currency is anonymity which is something that only other digital currencies can offer. In other words, all the other casino methods depend on some institution to make transactions happen. Sure these methods come with relatively high fees, but Bitcoin comes with a fee as well. It’s not as high as other ones which make the method convenient.
Also, the user remains in control of their assets on the e-wallet which means no third party can maintain them. With perks like these Bitcoin is one of the best ways to make deposits and withdrawals in an online casino. In that regard, the best Bitcoin casino sites will offer this method and a bunch of other ones to satisfy the needs of other players. Bitcoin is the future of finance which is why so many players opt for it.
|Payment method||Minimum deposit||Payment time||Withdrawal limits||Commission|
|Giropay||€20||0–12 hours||Set by the bank||Set by the bank|
|Neteller||€9||0–24 hours||€9,000 per transaction||Free of charge|
|ecoPayz||€5||0–12 hours||Set by the bank||Free of charge|
|Skrill||€10||0–24 hours||€5,000||Free of charge|
|PaySafeCard||€5||0–24 hours||Set by the bank||Set by the bank|
You're wondering – is Bitcoin legal? Yes! It's legal to purchase, send, receive, and mine Bitcoin. You can play casino games in the best Bitcoin casino online too. However, its acceptability may vary among different countries because it is a decentralised digital payment system.
If you're wondering what's bitcoin, it's a digital cryptocurrency used to facilitate online transactions. With iOS, Windows or Android devices, you can install a Bitcoin casino app that will enable you to play Bitcoin games while on the move.
An online Bitcoin wallet is normally used to store your Bitcoins. To get one, you simply need to register and activate it on the platform. With this wallet, you will be able to bet on Bitcoin casino games at your favourite casino.
NeoSurf is an easy payment method for making payments using the e-wallet of the same name and vouchers.
VISA is a safe and easy way to pay online. Pay with any of the major credit or debit cards.
Skrill is an e-wallet that allows you to send and receive money using just your email address.