Bitcoin casinos are the safest and most convenient way to gamble online today. The adoption of Bitcoin at online casinos has made signing up, depositing, and cashing out winnings safer, faster, and cheaper. With instant deposits and withdrawals, you now have a feeling of confidence and control at crypto casinos that has never been imaginable. When you are participating in online bitcoin gambling, you’ll find it much like playing at any other casino, except you’ll have the ability to use bitcoins. There are many benefits to playing at our BTC casino. One of those benefits includes the fact that it’s free for you to deposit and withdrawal bitcoins out of your casino account.
Bitcoin is the world’s leading cryptocurrency. In a few words, a cryptocurrency is a digital asset serving as a medium of exchange. This is essentially what bitcoin is all about.
The particularity of Bitcoin is that it is a peer-to-peer monetary system; individuals can transfer money without the need of a third party such as a bank.
The bitcoin story started when the “bitcoin.org” domain was registered in 2008. The first bitcoin network was created in January 2009, by an enigmatic individual called Satoshi Nakamoto. In less than 10 years, bitcoin has developed to become a fully fledged alternative to traditional currencies, despite its decentralized organization.
More and more online shops, casinos and trading platforms are starting to accept bitcoins. This article will analyze how to pay with bitcoins and weigh the pros and cons of this payment option.
Paying with bitcoin requires the creation of a Bitcoin Wallet. This wallet will act as a typical e-wallet on which you will be able to deposit and withdraw funds.
On the Bitcoin website, you will be given the choice between four different types of wallets:
For the purpose of casino gambling and online shopping, our team recommends creating a web wallet.
They do not require the download of any software and can be accessed from any computer. Many players will find this type of wallet quite practical!
After having created a wallet, you will need to purchase bitcoins to be able to carry out transactions. To do so, you will have the choice between many different options:
Here also, we recommend the first option. Purchasing bitcoins from your wallet is usually the most efficient way to obtain bitcoins and start playing right away.
Yes, bitcoins are fascinating in themselves. But many casino players will actually find depositing and withdrawing funds with bitcoins quite useful.
Today, only a handful of online casinos accept bitcoins as payment method. However, following a recent trend, more and more brands are starting to seriously consider using “the currency of the future”.
Both deposits and withdrawals are extremely easy. With your bitcoin wallet, you will be able to transfer funds to and from a casino just like any e-wallet.
Select bitcoin as a payment method and follow the instructions given by the casino website. This will generally be a simple process of adding a bitcoin ‘address’ from your wallet, into the form on your casino website. That is normally all that is required.
All in all, bitcoin is a very promising method of payment thanks to fast payments, a secure interface, anonymity and low fees. Even if the set-up could be scary, the bitcoin website is very well crafted and in less than a few minutes, you will be able to understand the concept of bitcoin, set up a wallet and start depositing in your favorite bitcoin casino.
Use the list of Bitcoin casinos to see all online casinos that accept Bitcoin payments.