Bitcoin Deposits Casinos Reviews
One of the most convenient methods of payments that some casinos accept is the use of Bitcoin. This is a digital cryptocurrency that allows you to deposit funds or withdraw winnings from a casino quickly. Some online casinos offer this option as the sole method of making transactions while others include other payment options.
Bitcoin casinos attract a lot of customers due to their safety, fairness, payout ratio as well as diversity when it comes to games. The decentralized currency does not use a third party making it safer to use compared to other methods of payment.
Placing bets at such casinos gives you maximum control of your bankroll. While using Bitcoin, you don’t have to wait for you to withdraw your winnings. Most Bitcoin casinos also offer generous welcome bonuses to newbies.
How to use Bitcoin to deposit or withdraw from a casino
You need a Bitcoin wallet to carry out transactions. To set it up, access the Bitcoin’s site and fill in the necessary details. Bitcoin wallets come in the form of web-based wallets or desktop wallets. A web-based wallet is convenient since it prevents you from installing any software into your computer.
Provide your email address and set a password to sign up for the Bitcoin wallet. During transactions, you have to provide the Bitcoin address. Load some Bitcoins in your wallet and then get a casino that accepts Bitcoin to sign up.
Navigate the payment options page and select Bitcoins as your desired currency. You can now make your first Bitcoin deposit. During this stage, you will not be asked for any personal information. To withdraw, you have to log in to your casino account and enter the bitcoin wallet address you set earlier. Set the amount you would like to withdraw and wait for the transaction to be complete.
What do Bitcoin casinos offer?
Security
Bitcoin casinos have security features that make them stand out among other casinos. They don’t use any middlemen that request your personal details. They use advanced encrypted technology to protect you from data theft.
Customer support
Most of the casinos that accept Bitcoin operate round the clock. They make use of professionals to provide customers with useful information regarding Bitcoin services. Bitcoin casinos avail their service through live chat, email, fax, and phone lines.
Anonymous play
You also get anonymity while gambling on a Bitcoin casino. They only request for your email address. You can boost your privacy by not sharing your identification details such as the Bitcoin address with anyone.
Free transactions
The lack of third parties during transactions also prevent you from paying third-party fees. In most Bitcoin casinos, you don’t pay anything to transfer funds. Some casinos charge a small fee occasionally. Go through the fine print of your desired casino to check if Bitcoin transfers are entirely free or not.
Bitcoin casinos are numerous, and there is a need to do extensive research to get one that fits your every need. Though these casinos are secure, you should choose one that is licensed and has a good reputation.
