Bitcoin deposits are fast becoming popular as one of the payment modes at online casinos to play real money pokies games. As the world goes digital Bitcoin is a payment system in the form of digital money. When you opt to play at Bitcoin casinos you want to know exactly what is bitcoin, how it came into existence, how it works, is it safe or not and many such related questions.
Note that as said above Bitcoin is not a paper or coin currency but a digital currency. Bitcoin is not printed like your dollars or any of the world’s currencies. It is but a form of digital currency created and held electronically. No one controls it and they’re produced by people, increasingly businesses, running computers all around the world, using software that solves mathematical problems.
The system is peer-to-peer and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called the block chain, which uses bitcoin as its unit of account. Bitcoin is often called the first cryptocurrency, although prior systems existed and it is more correctly described as the first decentralized digital currency. Bitcoin is the largest of its kind in terms of total market value.
Bitcoin was first introduced to the online casino world in 2012, but it has taken a few years for it to really catch on. Now, you will find that most reputable online casinos are beginning to facilitate both withdrawals and deposits via bitcoins.
So here find step wise guide as how to make a deposit with Bitcoin and understand how it works
To make a deposit at the online casino with Bitcoins, you need to get a Bitcoin wallet. You can choose to register an account with many such wallets like:
Web Wallets: Bitcoin wallets that are web based are the easiest and most convenient to use, but they are less secure compared to the other type of Bitcoin wallets. Blockchain, Xapo and Coinbase are popular web wallets where you can easily sign up with your e-mail and follow the step by step the instructions to register a wallet and use it to store Bitcoins.
Software Wallets: To get a software Bitcoin wallet you have to download a program on your computer and run it from here. They are more secure than the web wallets because you have complete control and you don’t depend on a third party service. Popular software wallets are Armory, Bitcoin Core and Multibit.
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.
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. After loading up a Bitcoin wallet with some coins, 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 has been verified then the Bitcoins are sent to Bitcoin casinos where you opt to play and the process is complete.
After you register a Bitcoin wallet and load it with Bitcoins, you can sign up with a reputable and trustworthy online Bitcoin casino or any online casino that offers Bitcoin as deposit mode and make Bitcoin transactions.
The transactions are usually processed instantly and players can start playing games right away. However, sometimes they can take up to 30 minutes to arrive. To send Bitcoins to your online casino account grab the recipient address from the online casino site or from the wallet you want to transfer Bitcoins to and click on the Send button.
With the latest trend of Bitcoin deposits at the casino now you can enjoy over 1000 games at BTC casinos including pokies, table games, Live dealer games, Sports betting, Bet on stocks, Poker and other games like Keno, Bingo, Dice games and even Scratchcards. The best online Bitcoin casinos are Rich casino, Superior casino and 7 Reels casino.
Rich casino is the perfect Bitcoin online casino where when you make a deposit for the first time with Bitcoins you are offered 400% BTC bonus on your first three deposits. Also you get 25 free spins as sign up and triple your first deposit with 200% match bonus.
You can enjoy over 800 casino games powered by BetSoft, Rival, Pragmatic Play, Vig and Parlay Entertainment with your mobile smartphone, tablets or PC. Also get involved in sports betting, bet on stocks or choose live dealer games that is but your choice all with BTC.
Also you can take part in 200K Guaranteed Tournament at Rich Casino every Tuesday, Thursday and Saturday for a shot at the $200,000 prize pool. Or join daily $15,000 guaranteed tournament with a progressive jackpot of $15K! To participate, simply reach out to your casino host and make a $75 entry deposit with BTC.
To make a deposit at the Rich casino to play pokies real money simply follow the steps given below:
7 Reels Casino is another online Bitcoin friendly casino where you can make deposits with cryptocurrency to play pokies real money.You will find more than 180 pokies to enjoy either with web or mobile browser. The pokies are just wonderful at this casino as are powered by gaming software from brand companies like Rival software, Betsoft, Visionary iGaming and Pariplay . Like Rich casino here also you are offered a special 400% bonus on your first three times deposits with BTC.
You can choose from Table Games like roulette, blackjack, baccarat, poker, and electronic roulette, pokies machines and Live Dealer games. Besides these games the casino also provides and offers you a chance to try your luck with stocks option betting.
Also there are other games like Keno, Bingo, Scratch card and arcade games to enjoy and have fun. Same steps are involved as given above for Rich casino to make a deposit with Bitcoin to play games.
Superior casino is also Bitcoin casino where you can make a deposit with Bitcoins to enjoy pokies games. This casino is generous in bonuses and as a new player you get not one but six Welcome Bonuses. Make a deposit of $25 or more and get welcome bonus of up to $1,000! All you have to do is register a free account via their Download, No-Download or Mobile lobby and visit the cashier to redeem your bonus and complete your deposit with Bitcoins with your PC, tablet or mobile. Your second, third, fourth and fifth deposits will receive up to $5000 in instant bonus cash. Also get $1000 as casino games bonuses.
Superior Casino offers a wide variety of pokies games and casino games all powered with Rival and Betsoft gaming software. Enjoy classics like Blackjack, pokies games, Roulette, Video Poker and Craps plus dozens of other games that you won’t find anywhere else. Download free casino games software or play now with their no download online casino games version and claim your $20 no deposit bonus too.
There are also speciality games on the offer at this online casino such as Vegas Jackpot Keno, Sudoku and card scratch games. These creative casino games can quickly multiply your balance and deliver jackpots up to $500,000.
To make a deposit at Superior casino follow the simple steps
For withdraws follow the simple steps given below:
You have full security and anonymity at online casinos when making a deposit with BTC. 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.
Another important advantage of Bitcoin casinos is the fairness with which it treats its players. Some of the lowest house edges on the market, ranging from 0.2% to 1%, depending on the game. You can enjoy online pokies be it 3- reel classics, Multi-line pokies, Bonus feature pokies, Video or Progressive jackpots pokies games. You can also enjoy live dealer games at Bitcoin casinos like Blackjack, Roulette, Live Bitcoin baccarat or Live Bitcoin casino Hold’em. If interested in sportsbook, sports racing or poker tournaments that too are there for you at Bitcoin casinos. So you see betting with bitcoins is a 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 and make a deposit with Bitcoin currency.