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This article is dedicated to teaching you how to deposit and play at crypto casinos using your credit or debit card. This process is fairly easy and works the same for any crypto! The team behind CasinoDaddy will shed some light on this topic and we will be using Bitcoin as an example because it is one of the most popular cryptos out there. We will guide you through the entire process of using Bitcoin – and any other virtual coin for that matter – for both deposits and withdrawals, as well as how to set up your very own crypto wallet to store your tokens, Of course, if we are to get to the point, we must first understand what bitcoin is.
You’ve probably seen some buzz around Bitcoin, and that there’s a lot of data to sort through. But one thing is certain: cryptocurrencies are quickly becoming a dominant payment method at online casinos. Bitcoin is the most popular crypto that does not depend on banks and does not have a physical counterpart.
When you gamble with Bitcoin, you secure your identity and can deposit and withdraw funds anonymously. There is no exchange of banking or personal information in order to conduct financial transactions. Since Bitcoin casino transactions do not include banks or investment firms, they have far quicker processing times and lower fees than other online payment methods.
There are already hundreds of Bitcoin online casinos, each featuring a specific selection of betting games such as roulette and online slots to crypto-currency customers, and you’ve come to the right place because the majority of the casinos checked by our team at CasinoDaddy embrace those digital currencies as a form of payment. Take a look at some of the best crypto casinos listed below!
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15% Cashback
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100%/500$ + 500 FS
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Up to €2,000 + 800 FS
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275%/5500€ + 500 FS
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180%/720€
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€2,000/37.8 mBTC + 200 FS
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Through buying and trading Bitcoins, you can get into the cryptocurrency sector in a variety of ways. Platforms, blogs, and traders are all tools for obtaining Bitcoins. Bank transfers, Visa, Mastercard, Paypal, or Neteller are all options for transactions. The majority of trading and transactions take place on platforms that enable users to buy and sell cryptocurrency. Coinbase for example, one of the largest and most well-known Bitcoin networks, supports a wide range of cryptocurrencies and has a network of over 30 million users.
However, when looking for a site to buy or sell cryptocurrencies, make sure to read reviews from other users to see if they are reliable, have good customer service, or have any other concerns that might make you not want to open an account with them. Bitpanda, Kraken, Bitstamp, Localbitcoins, Bisq, and Hodlhodl, among others, are well-known platforms for buying and trading cryptocurrency.
A Bitcoin wallet is a platform where you can buy and sell bitcoins. Using a Bitcoin wallet would be exactly the same as using PayPal. You will load money into the wallet using your bank or credit/debit card, and then use that wallet to make transactions or deposits into an online gaming platform in the same way that you would for PayPal. The only difference being that after you’ve loaded money into the wallet, you’ll be able to convert it to Bitcoins to complete your transactions.
The wallet has a public address that you can share with others to accept payments, as well as private keys that you can use to authorize payments. When it comes to bitcoin wallets, you have a few choices to choose from. Here are the most common ones: CLOUD WALLETS, such as Coinbase and Blockchain.info These are stored in the cloud and accessed from, but not stored on your desktop, as the name implies. MOBILE WALLETS, such as Mycelium, Coinbase, and Blockchain.info, are available for Android, iOS, and iPhone.
There are cloud wallet software models that you can download and use on your mobile devices, as you might notice. HARDWARE WALLETS – Hardware wallets, such as Trezor or Ledger, are special devices for storing bitcoins. DESKTOP WALLETS – Choose from lightweight wallets like Electrum and MultiBit or absolute Bitcoin Core wallets (which downloads the entire Bitcoin blockchain onto your desktop, 30 GB). If you’re unsure, go for the lightest option. To open a Bitcoin wallet account, follow the same steps as you would for a PayPal account or something similar. You’re good to go once you’ve found a supplier and followed the instructions.
Bitcoin is one of the safest payment methods available just because of its design. There are no links to personal names, banks, bank accounts, or other private details that might reveal your identity or enable anyone to use the data for their own gain. Bitcoin transactions are electronic and highly secure.
A variety of verifications are carried out during the process of moving Bitcoin around to ensure that everything is in order. All of this means that Bitcoin casino transactions are practically untraceable and fully free, making them one of the easiest ways to finance real money gaming accounts or withdraw funds, whether you’re playing on the web or on your phone. Another benefit is that Bitcoin casinos can operate openly in many jurisdictions where gambling is otherwise restricted. Since cryptocurrency does not use traditional banking systems, it is more difficult to control than traditional currencies.
Furthermore, no central bank has jurisdiction over Bitcoin, implying that each coin has a sense of value that cannot be devalued. When you use Bitcoin at a casino, you won’t have to pay any additional transaction fees. Another advantage is that online casino games have been proven to be trustworthy. That is, the games use cryptographic algorithms that are checked by third parties after a bet is placed to ensure that every spin of the reels is correct.
Now that you have bitcoins in your wallet, you can deposit them into an online gambling site and begin playing. The procedure begins when you register with an online Bitcoin gambling casino. When you sign up for an online casino, most of them build a temporary bitcoin keeping wallet for you. You put your money into this wallet and use it to position bets. It’s the same wallet that the casino uses to deposit your winnings. This wallet on the gaming website has a public address and matching private keys, much like the Coinbase or Blockchain.info wallet on your mobile. For the example below we have tested and reviewed Rocketpot Casino:
However, the latter is always hidden from the user, and the account password suffices. Go to your account on the gambling website and click the ‘Deposit’ button to begin the deposit process. The QR code and the long text line will be used to show a Bitcoin wallet address. If your bitcoin wallet system has a web cam, go to send in the wallet and enter the gambling website’s address, then scan the QR code. Select the number you want to submit from your computer and press the send button. You can also select multiple deposit options:
You can also copy the public address in text format and paste it into the wallet containing the funds you want to deposit into the virtual casino’s wallet. This is especially important if your wallet computer lacks a camera for scanning the QR code. However, you should never move bitcoins from an online exchange to a casino account. Transfer the bitcoins to your wallet first, and then to the online casino after that. What is the reason for this? To be sure, there have been cases of online bitcoin exchanges blocking client accounts as a result of such transactions, so keep that in mind. It is proper to include the miner’s fee in the sum you are sending or depositing.
This money goes to the people who keep the peer-to-peer network running, which funds, verifies, and confirms Bitcoin transactions. However, the fee is still minimal. It will take less than 10 minutes for the money to appear in your online gambling account after you press the send button on your wallet. You’re able to start making bets after that happens!
Тhе durаtіоn оf thе wіthdrаwаl рrосеѕѕ іѕ іndееd dеtеrmіnеd bу thе fоrm уоu сhооѕе. Ѕоmе соnvеrtеrѕ, fоr ехаmрlе, wіll tаkе dауѕ tо соnvеrt уоur bіtсоіnѕ іntо thе fіаt сurrеnсу уоu wаnt. Furthеrmоrе, ѕеvеrаl оf thеm wіll сhаrgе а fее, ѕо mаkе ѕurе уоu hаvе аll оf thе rеquіrеd іnfоrmаtіоn bеfоrе рrосееdіng.
Furthеrmоrе, іt mаkеѕ ѕеnѕе tо kеер уоur wіnnіngѕ аnd bоnuѕеѕ іn уоur саѕіnо ассоunt fоr futurе wаgеrіng. Еvеn іf уоu рurѕuе thе аbоvе рlаn, уоu wіll hаvе tо wіthdrаw уоur bіtсоіn wіnnіngѕ аt ѕоmе роіnt. Unlеѕѕ уоu lоѕе thе whоlе ѕum tо thе hоuѕе. Yоu ѕhоuld gо tо уоur ассоunt аnd fіnd а ѕесtіоn саllеd thе ‘Саѕhіеr’ tо bеgіn thе wауѕ оf trаnѕfеrrіng аnу оr аll оf thе bіtсоіnѕ thаt аrе undеr уоur nаmе іn thе саѕіnо. Whеn іt соmеѕ tо Rосkеtроt Саѕіnо, thіngѕ аrе еаѕу: сlісk уоur uѕеrnаmе іn thе uрреr rіght соrnеr аnd ѕеlесt Wіthdrаw:
Іt’ѕ thе ѕесtіоn whеrе аll оf уоur dероѕіtѕ аnd wіn bаlаnсеѕ аrе hеld. Еntеr thе аmоunt уоu nееd, оr thе mахіmum аmоunt аvаіlаblе, аnd рrеѕѕ thе Wіthdrаw buttоn. Yоu’ll nееd tо hаvе thе wаllеt whеrе уоu wаnt thе bіtсоіnѕ tо gо rеаdу аt thіѕ ѕtаgе. А сlоud wаllеt, ѕuсh аѕ Соіnbаѕе оr Вlосkсhаіn.іnfо, оr thеіr ѕоftwаrе vеrѕіоnѕ, mау bе uѕеd. Yоu аrе, іn rеаlіtу, frее tо uѕе аnу bіtсоіn wаllеt уоu wаnt fоr аll уоur wіthdrаwаlѕ, nо mаttеr thе соіn уоu сhооѕе tо рlау wіth:
Еvеn thоugh thеіr funсtіоnаlіtіеѕ аnd lеvеlѕ оf рrоtесtіоn vаrу, thеу аll реrfоrm thе ѕаmе tаѕkѕ. Тhе gаmblіng ѕіtе’ѕ ‘Саѕhіеr’ wіll аѕk уоu tо еntеr уоur wаllеt’ѕ рublіс аddrеѕѕ аѕ аn аlрhаnumеrіс сhаrасtеr ѕtrіng оr ѕеаrсh іtѕ QR соdе. Тhе lаttеr wіll bе ассоmрlіѕhеd wіth thе hеlр оf а соmрutеr саmеrа. Тhе fоrmеr іѕ ассоmрlіѕhеd bу mаnuаllу сору аnd раѕtе. Тhе bіtсоіnѕ wіll арреаr іn уоur wаllеt іn mіnutеѕ аftеr уоu соnfіrm thаt уоu wаnt tо соntіnuе wіth thе trаnѕасtіоn аnd рrеѕѕ wіthdrаw. Тhе соѕt оf wіthdrаwаl іѕ ѕіmіlаr tо thаt оf dероѕіtіng. Јuѕt а tіnу роrtіоn оf thе mіnеr’ѕ fее іѕ dеduсtіblе.
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Online casinos and cryptocurrencies have always been “a match made in heaven”. Online casinos have grown in popularity over the last few years through mobile and tablet casinos. In more general markets, cryptocurrencies have also experienced quite similar growth.
Online betting sites have actually begun gaining interest in those digital currencies not only because it is more common and popular itself but also because it offers other unique benefits that are difficult to compete with the conventional methods of funding in online casinos. It has offered some casinos a unique selling point, as they are classified as ‘sites that accept bitcoin.’
Cryptocurrencies allow casino players to make deposits and withdrawals at online casinos in record time. Many cryptocurrencies, as well as crypto-friendly casinos, allow players to gamble anonymously. Players from all over the world are beginning to see the advantages of using cryptocurrencies like Bitcoin, Ethereum, Cardano, and others in online casinos.
As you might know, most Casinos reviewed by CasinoDaddy.com offer a number of deposit options, including Bitcoin. Making deposits with bitcoin provides better security and the opportunity to transact faster, among other benefits.
Bitcoin casinos have been increasingly attractive in recent years and now it is fairly straightforward for people who own cryptocurrencies to use their own cryptocurrencies to bet on their favorite casino games like casino games, live dealer casinos, and table games.
Once you have made a Bitcoin deposit in one of our analyzed casinos, you do not have any limitation on what games you can play. After all, Bitcoin just makes playing fun and simple, don’t be shy once you decide to participate yourself!