How to Get Started with Bitcoin
Unlike traditional payment methods such as credit and debit cards, you wouldn’t need to share any of your personal information with the casino you have selected to play games using Bitcoin. There are many different ways you can use the Bitcoin services, including transferring your Bitcoin funds directly to the casino or using a service such as a web wallet that keeps your Bitcoin save and makes it easier to transfer the money.
For those who don’t currently have in Bitcoin, there are many ways to purchase the currency through a web wallet service or at some online casinos. This means you can still use the standard payment methods such as credit cards or other web wallets and purchase Bitcoin directly from the casino. Some online establishments might require you to have a cryptocurrency wallet where they can make the withdrawal to or you can simply request a withdrawal in the currency of your choice.
Before you sign up with a cryptocurrency wallet, you would need to ensure that the casino of your choice supports the option and allows you to easily make deposits and withdrawals with the specific wallet. Below, we look at some of the most popular cryptocurrency wallets for online casinos for those who prefer using a wallet over making a simple deposit using just Bitcoin.
Steps to Using Bitcoin: How to Deposit
Once you have created your casino account and set up your preferred method to use Bitcoin, you can head over to the banking page and choose your preferred option. As with regular banking methods, the casino would cost you how many black ones you would like to deposit and what casino bonus you would like to activate. Some online establishments would also give you the option to convert your Bitcoin into other currencies or you can use an international currency and play with Bitcoin.
Depending on the method you have selected, making a Bitcoin payment is much like using a web wallet with other currencies. The steps are similar, making it quick and easy for those who have played at real money casinos in the past.
Here are the basic steps to make a Bitcoin deposit:
- Bitcoin Wallet Name – Before you can make a deposit with Bitcoin, you need to tell the casino where your Bitcoin is stored. It’s important to ensure the casino supports the wallet you’re using to make things simpler and avoid having to create a different cryptocurrency wallet.
- Follow the steps to make a deposit with Bitcoin. This would once again depend on the wallet selected. The casino would require your account details for the wallet and the amount of Bitcoin you would like to deposit.
- Next, you need to log into your Bitcoin wallet, which will load securely from the casino. Log in and confirm the details of the transaction request, which should already be available.
- Finally, follow the steps in your cryptocurrency wallet and complete the payment. You’ll be redirected to the casino and the transaction would be complete. Allow a few minutes for the funds to appear and refresh the page.
These steps may be different in minor ways with different casinos and web wallets. However, the basic steps are using a web wallet with cryptocurrency is about the same as they use similar steps and security measures.
Conclusion: Benefits of Bitcoin
As mentioned above, using a cryptocurrency such as Bitcoin has many great advantages above any other payment methods. Firstly, these transactions are completely autonomous, and there aren’t any fees that form part of your transactions. This means none of your information is ever made available at an online casino or while making a transaction.
The world of online casinos has also created many new gaming opportunities that are only available for cryptocurrency play. These are provably fair dice games that have much great payout percentages and allow you to take advantage of a whole new game style, making it a great addition to the games already available at most online casinos.