Guide for depositing and withdrawing with Bitcoin Wallet payment method - Plus List of the Best Bitcoin Wallet Online Casinos - Bitcoin is quickly becoming one of the more popular methods for making deposits and withdrawals with online casinos.
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Bitcoin has become one of the more popular online payment options today. It has risen from the obscurity of an idea into a concept that more and more people are starting to adopt to pay on the Internet, including Bitcoin deposits to online casinos. To get started with this crypto-currency, the first thing you need is a Bitcoin wallet. You can learn to how pay using bitcoin in an online casino using our in-depth guide.
What is a Bitcoin Wallet?
In the simplest terms, Bitcoin wallet can be compared to a regular, old-fashioned wallet. It is a place where you store your money and you need to keep it safe, secure, and take care not to lose it, because if you do, the wallet and its content are gone.
Setting up a Bitcoin Wallet
Prior to making a deposit to a Bitcoin casino, you will need to set up your wallet. There are numerous wallets to choose from out there, so take your time. The important thing to know is that setup process is fairly easy as you will just need an email address. No other info is required, not even your first name.
Funding the Wallet
Once you have your wallet all set up, you will want to fund it. You can do this by logging in and clicking "buy Bitcoin" option directly from the wallet or you can use one of many reputable sites selling Bitcoin. Either way, you will end up with some fresh Bitcoins ready to be spent at bitcoin casinos of your choice.
Depositing with a BTC Casino
Once you have your wallet all set up and funded, the last thing you will need to do is locate a BTC casino to your liking and select Bitcoin as your deposit method. You will then transfer the money from your Bitcoin wallet to the wallet address provided by the casino.
When making a withdrawal, you will first need to generate a deposit address with your Bitcoin wallet, and then supply this address during the withdrawal process.
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