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How to Pay with Bitcoin at an Online Casino
How to open your first Bitcoin wallet and how to use Bitcoin to fund your online casino account & start playing within minutes.
The most popular crypto-currency in the world, Bitcoin was first introduced back in 2008 as a novel, decentralized way of making online payments. While it started out small, Bitcoin quickly picked up and found its way into numerous venues, including online casinos.
How to Use Bitcoin
Many players seem somewhat intimidated by the concept of Bitcoin as it is often connected to some shady online activities, but the truth is there is nothing scary about using Bitcoin. In fact, getting started with Bitcoin is fairly simple.
The first step in the process is creating a Bitcoin wallet. This wallet is similar to a physical one, so the only real thing you need to worry about is not losing it. There are three main variations:
- Blockchain wallets stored on the colud servers
- Software wallets stored on your computer
- Hardware wallets kept on an external piece of hardware, like an USB device
Hardware Bitcoin wallets are the most secure ones and the best choice if you are buying a significant amount of Bitcoin.
Once you've created your wallet, you simply need to fund it, and there are numerous online sits where you can buy Bitcoins using other payment methods like e-wallets and credit cards.
To receive your Bitcoins, you will need to supply the site with your wallet address and your funds will be with you shortly.
It’s important to note that there are some reputable online wallets that already support BTC transactions like NETELLER.
Funding Your Casino Account
Once you've funded your wallet, you will need to find Bitcoin Casinos. They will provide you with their Bitcoin wallet address and all you need to do is transfer the amount from your wallet to their address.
Withdrawals are super quick and work the same way, with the only difference being that you supply the casino with your wallet address.
Once you learn the ropes, Bitcoin payments are quick, simple, and super safe, so the odds are you, as a player, are going to love it.