Playing gambling online and looking for a convenient way to pay? If gambling clubs have problems with electronic wallets and bank transfers, then cryptocurrency is very suitable in this regard.
Look at Woo Casino Canada, for example, which has made it possible for players to make deposits and withdrawals specifically in Bitcoin. Has it played into their hands? Of course, it did. After all, nothing people care about more than the security and anonymity of their payments.
Therefore, the likelihood that casinos will stop accepting BitCoin deposits is quite small.
Popular Cryptocurrencies in Online Casinos
Cryptocurrency is gaining momentum and is becoming popular in many aspects of our lives. It is safe, convenient, and anonymous, so fans of gambling have actively begun to use this type of payment. In today’s world, almost all gambling clubs are beginning to accept cryptocurrency. In it you will be able to make a deposit and receive payment. Some clubs even allow you to bet in this currency.
Each brand has the right to choose its own list of payment methods. In the list of available methods you can increasingly see:
- BitCoin;
- LiteCoin;
- Ethereum;
- DogeCoin;
- MoneroDash;
- TrueUSD and other ways.
Certain clubs accept dozens of cryptocurrencies, but in most cases, you may encounter only the most popular payment options.
You can check the available currencies yourself on the gaming establishment’s website. Go to the deposit page and look at the payment methods. It is desirable to verify the list of methods personally. After all, the information in the reviews may at any time be out of date.
Deposit
Making a deposit at a Bitcoin casino is pretty easy. To do this, you need to create an account at a suitable institution. Such sites may ask for personal information and passport confirmation. If you are an experienced gambler, you are probably familiar with this procedure. If you have a profile, you need to:
- Go to your personal account;
- Select the “Deposit” function;
- Choose BitCoin or other cryptos;
- Specify the amount.
On the screen, you will see the amount of transfer to be sent and the address of the wallet. Accordingly, you need to go to your wallet and send money to the right address. Be careful, for the transfer takes a commission from the exchange, so replenish for small amounts may not be profitable. After sending you will be able to track your transaction via the blockchain service. Sometimes the transaction takes 30 minutes. In most cases, it is much faster.
The address shown in the screenshot is just an example. In fact, you will have a completely different purse. It is done individually for every transaction. This allows you to remain anonymous.
Funds are automatically converted from cryptocurrency to rubles, dollars, and others, which you have chosen during registration. The exchange takes place at the current exchange rate. Therefore, it is better to conduct the operation as quickly as possible, without delaying time. After all, even in an hour, the exchange rate may seriously change. Therefore, when making a deposit, the service gives you a certain amount of time in which to complete the transaction.
Withdrawing Money
To get your winnings, you need to have the necessary amount on your balance and a verified account, as well as a wallet in the cryptocurrency you want. If all these factors are met, then follow these instructions:
- Go to the withdrawal page;
- Choose a suitable method;
- Specify your wallet data and amount.
The vast majority of sites payout funds in a couple of minutes. Sometimes the administration may need to do additional verification. Each institution has its own rules and terms. So you should figure it out on your own.
All casinos for Bitcoins with instant withdrawal to the purse specified by you. Naturally, the money may not be credited in a second. Processing time depends on the workload of the blockchain network and other factors. For its part, the institution does everything as quickly as possible. You just have to wait for the system to credit your wallet.
Cryptocurrency Exchanges
You can create your wallet on a cryptocurrency exchange. This is the most convenient and easy way for regular users. Each service has its own limitations and commissions. Take this into account, because the transfer amount can change seriously.
Exchanges allow you to hold several currencies at once and are as clear as possible. Even an absolute beginner will be able to figure them out. The main thing is to provide correct requisites for transactions, so as not to lose money.
Bottom Line
At first glance, bitcoin casinos may seem complicated and incomprehensible. Even experienced customers may have such an opinion. However, if you spend a few minutes, you can figure it out. There are many cryptocurrency exchanges on the internet that make it much easier to use.
You can use the information in this article to pay and withdraw through cryptocurrency. All exchanges, platforms, and other services are listed as an example. In fact, you will be able to choose the instrument from which to make the payment yourself. The only thing that should be left to professionals is the choice of online casinos. The rating has prepared a list of available clubs for you. All of them have a license and have been operating for a long time. Therefore, the gameplay on them will be as honest as possible.