Bitcoin: the most advanced method of topping up one’s online casino deposit
More and more online casinos accept Bitcoin. This payment option has multiple advantages and just a few shortcomings.
About Bitcoin Deposit Method
Bitcoin is an exceptionally safe online casino payment option. More and more gambling platforms offer it to their customers because it enables them to avoid fiat currency exchange fees. Bitcoin became the first-ever cryptocurrency in history and remains the most popular and reliable one.
Some casinos allow their clients to exchange fiat money (fiat means any conventional national currency) to BTC right on their websites — but that would be a rare occasion. Other gambling platforms share links to reliable crypto exchanges — the best ones are those that allow you to purchase crypto using your everyday credit card. Yet most casinos expect that their clients already have BTC and know how to use it. Apart from centralized exchanges, you might want to buy this coin through PayPal, on a peer-to-peer trading platform or in a specialized ATM. Also, you should choose a reliable online or offline wallet to store your crypto savings.
How Bitcoin Deposit Method Works
Withdrawal limits for this method might be much higher than for fiat currencies. On some platforms, you might be able to withdraw a huge jackpot in one go, without splitting it into multiple transactions.
On the flipside, some casinos don’t distribute bonuses among those customers who use cryptocurrencies. You might fail to receive even the welcome package. Also, not all casino games might be compatible with cryptocurrencies. In the entertainment catalogs of many gambling platforms, you would find special BTC sections with games that accept this coin.
This online casino deposit method enables you to separate your gambling budget from your everyday expenses. When you top up your casino balance with BTC, this will hardly affect that part of your savings that you use for your food shopping and paying the rent.
Depositing in Online Casinos with Bitcoin Deposit Method
Using this online casino payment method is almost just as easy as carrying out transactions with fiat currencies. You need to log in to your casino account, go to the Cashier section and opt for Bitcoin. The system will display a unique web address for your account — please copy it. Open your BTC wallet and paste the copied address in the tab for sending Bitcoin. Indicate the sum and confirm the operation. The speed of BTC transactions depends on how busy the network is. Normally, the money should land on your casino balance in a few minutes.