The awesome distinct magic of Bitcoin gives you perfect reasons to sign up at Bitcoin casinos
The cryptocurrency is on the rise and so does its presence in online casinos. With all that Bitcoin offers to the gambling industry speed of deposits, ease of use, and offering some of the best odds in to Bitcoiners who enjoy gambling.
Bitcoin casino games offer some of the lowest house edges in the casinos with all players expecting a return of at least 99% or higher.
Once you sign up in a casino that accepts bitcoin you can make a speedy instant deposit or withdraw your winnings or engage to play for more winnings. You also grab wonderful bonuses and get the best of support system where all your queries are dealt with in a prompt and friendly fashion.
You must have heard of the large fortunes being made in Bitcoin gambling with the largest reported win to date belongs to a person nicknamed Nakowa, who in 2013, managed to win $1.3 million worth of Bitcoins.
Why you should sign up and play at Bitcoin casinos
What is unique to bitcoin gambling adds to the convenience of the service
- The approachability and ease of use are clearly one of the top priorities for the players as evidenced by several other features.
- You are able to enjoy instant deposit and play, with the funds being available for gambling as soon as they are sent to Bitcoin casinos.
- Bitcoin transactions are extremely cheap to process. In general, a standard Bitcoin fee is 0.0005 BTC per transfer. In contrast, a typical international wire transfer you could expect to pay $15 per transaction. Moreover, accepting credit cards will usually cost 3-5% of the transfer amount.
- Making instant withdrawals is equally simple: all you have to do is copy your wallet’s address into the withdrawal section, and say just how much of your winnings you want to receive. Again, Bitcoin casinos are quick, simple, and will pay out rapidly.
So to start playing casino games and placing real sports bets with bitcoin – Here is what you need to do.
How do you get started?
What you need to get started is first to create your Bitcoin wallet.
For this you need to sign up to a Bitcoin wallet which usually takes no longer than 5 minutes as you only need to provide username, password and an e-mail address.
Reputable bitcoin wallet companies
Wallet companies rarely require you to provide additional information such as personal details or credit card number.
See all available wallets here. Note that coinbase is one of popular BTC wallets but it will block your account and cease your funds if suspects gambling. So it is better to avoid this wallet for online casinos and can be used for other online transactions.
1. Create a Free Bitcoin Wallet Account
Once you own a wallet, you will be able to receive payments using the address provided by your wallet supplier. However, in case you want to make payments at online casinos, then you’ll have to top up your Bitcoin wallet first.
2. Add coins to your Bitcoin wallet
Buying Bitcoins can be done in several different ways.
The easiest and simplest one is to visit a Bitcoin exchange where you can enter the amount of cash you’re willing to spend on coins, type in your wallet address and select a payment method.
Within minutes you’ll receive the funds on the provided address and they’ll be ready to use.
Also, if you have a wallet and know its unique address, you can also have a friend send you coins.
The best online Bitcoin casinos will also allow you to ‘break up’ your Bitcoins in smaller allowances if you don’t want to wager a whole coin (currently 1 BTC is equal to around $2,732USD). Check latest XBT to USD rate here.
Loading up your casino cashier account from your Bitcoin wallet with coins is simple, payments are processed through a private network of computers linked through a shared program.
Each transaction is simultaneously recorded in a blockchain on each computer that updates and informs all accounts.
After each transaction is verified then the Bitcoins are sent to your Bitcoin casino where you opt to play and the process is complete.
Full security and anonymity when playing with bitcoin
Bitcoin casinos provide an equal emphasis on security and anonymity. Each account is identified by an automatically generated unique access URL, which can be further secured by a password and a 2-factor authentication app.
Withdrawals can also be locked to a fixed withdrawal address meaning that even if a player did allow their account to be compromised, funds could only be withdrawn to their address of choice.
There is no need to provide any personal data, and the platform does not collect any info which could be used to identify players, such as IP addresses.
The only connection between your unique URL identifier and yourself is the wallet which you use to deposit funds to your account.
If interested in Sports betting, sports racing or poker tournaments are also available for you. Betting and gambling with bitcoins is a safe and great source of entertainment and excitement as it covers a wide spectrum of ways to enjoy the digital currency.
With full access to games, without any delays, with no document requests and being quick in anything you wish what else you need to sign up at Bitcoin casinos.
3. Create a free casino account and transfer coins from your wallet into the casino cashier
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