If you’re paying high fees or waiting days for your cash when you play online, bitcoin could make your life a lot easier. Really. More players than ever are choosing cryptocurrencies for its instant (and free!) transfers. Plus, when you use bitcoin, you never have to worry about sharing your account information again. And getting started is easier than you might think.
Getting Your First Cryptocurrency
There are a ton of ways to get cryptocurrencies. Most players choose to buy from a bitcoin exchange. These services allow you to deposit cash and buy bitcoin instantly. You can even use these to store your cash when you’re not playing.
Banking options vary from exchange to exchange. The most common method to buy cryptocurrencies is bank transfer, but you’ll find most exchanges have plenty of other choices like cash vouchers and e-wallets. Some even let you pay with your credit card!
If you prefer, you can buy your bitcoin directly from a seller. Services like Local Bitcoins make it easy to find trusted sellers who accept your payment method of choice. You can even choose to pay cash in person or at a bank branch. Just make sure you download a bitcoin wallet or register with a web wallet so you can hold the bitcoin.
How to Deposit with Cryptocurrency
Once you’re ready to play, you can deposit your bitcoin right away.
First, log into your casino account and start a bitcoin deposit. You’ll see a random-looking string of text: that’s your bitcoin address at the casino. Highlight it and hit copy.
Then go back to your bitcoin wallet. Hit “send bitcoin,” paste the bitcoin address, and send. That’s it! Your bitcoin will be ready in your casino account as soon as the transaction is verified. This usually takes less than 30 minutes.
Playing with Bitcoin
Some casinos will let you play with the bitcoin itself. Others will convert the bitcoin to your chosen currency at current market rates. Either way, it’s free, and you’ll see playing with bitcoin is identical to using other deposit methods.
How to Cash out Cryptocurrencies
When you get lucky, cryptocurrencies makes it easy to get your winnings fast. Just go into your casino cashier and request a bitcoin withdrawal to your wallet or exchange address. Unless your account needs verified, your bitcoin will be sent instantly. You usually only need to wait 30 minutes or less for the transfer to finish.
From there, you can choose to hold onto the bitcoin or convert your cash back into your chosen currency. Some exchanges even offer debit cards so you can get instant access to your winnings.
Join the Bitcoin Revolution
We’re not surprised that there are more bitcoin casinos than ever. Bitcoin just makes playing online a lot simpler, faster, and cheaper. Check it out for yourself: it may just change the way you play!
