The Ultimate Guide to Using Bitcoin for Seamless Gambling on CryptoCasino

When it comes to cryptocurrency, there is none more popular than Bitcoin. Here at CryptoCasino, we know that anybody wanting to deposit Bitcoin and play their favourite online casino games shouldn’t be prevented from doing so. That’s why we allow anyone with the world’s top performing cryptocurrency to enjoy everything that we have to offer, from easy, fast payments to exclusive online slot and casino games. Once you’ve had your fill, and hopefully a big win, you can withdraw Bitcoin back to the place of your choosing to spend or trade as you wish.

Bitcoin betting and gambling is still pretty new in the world of online casinos, but we know it’s the future of the industry and that’s why we have fully embraced it. Here in this article, we’ll take a closer look at Bitcoin as one of the best and most popular crypto casino payment methods out there. We’ll cover everything you need to know, including the many benefits of using crypto to fund your online gambling account.

Understanding Bitcoin

Before we get into the ins and outs of using Bitcoin to gamble online, we feel it’s best to first explain exactly what Bitcoin is and what makes it so special. So, what is Bitcoin? Made available to the public in 2009, it has since become the world’s most popular and well-known form of cryptocurrency. Unlike regular fiat currency, Bitcoin operates exclusively on a decentralized ledger known as a blockchain.

What this means is that the blockchain is not regulated by national governments or government bodies and this allows users to make transactions completely anonymously. This is one of the main reasons that Bitcoin is such a popular method of payment at crypto casinos all over the world. One of the main reasons for its popularity is that it is incredibly easy to purchase via all of the main cryptocurrency exchanges. That is why so many casinos accept Bitcoin as a valid method of payment.

How to Use Bitcoin for Gambling on CryptoCasino

The first thing you need to do in order to play Bitcoin casino games here at CryptoCasino is make sure you have an account. If you, then all you have to do is click the login button and enter your login credentials to access your account. If not, creating a new account is easy, just click on the ‘Sign up’ button located in the top right hand corner of the screen. All we need is an email address to link your account to and you can set your own secure password, once you’ve entered these details click confirm to complete the signup process.

Now that you have a CryptoCasino account, it’s time to deposit Bitcoin into it. To do this, make sure you’re logged in and click on the ‘Deposit’ button in the top right hand corner of the screen. If you’ve just signed up, you can select which welcome bonus you want to claim before making your deposit. If you don’t want to claim a bonus, there is an option for this also. Then, enter the amount of Bitcoin you want to deposit (minimum of $/€10 or equivalent) using the custom input field, or the pre-selected buttons for ease and click the ‘Deposit’ button.

At this point, you’ll be presented with a unique blockchain address. Copy this address and then head over to the wallet where you store your Bitcoin to finalize the transaction. Login to your e-wallet where your Bitcoin is stored, enter the amount you’d like to deposit into your CryptoCasino account and paste the blockchain address you copied earlier to confirm the transaction. Your deposit will be processed instantly and the funds will immediately appear in your account so there is no delay in enjoying everything our online crypto casino has to offer. There is no minimum deposit limit with Bitcoin, but there is a maximum of 0.40 BTC per transaction, which is roughly the equivalent of $16,000 USD. When you sign up for a new CryptoCasino account, you can benefit from a generous 100% deposit up to 20 mBTC on your first Bitcoin deposit. Not only that, you’ll get an additional 200 free spins to use on your favourite slot games too!

Benefits of Using Bitcoin for Online Gambling

Now that you know how to deposit and gamble with Bitcoin, we’re going to tell you why you should consider BTC as a viable payment method to fund your online casino gaming. There are several reasons that Bitcoin is the world’s most popular form of cryptocurrency and these are also the reasons why it’s perfect to use for gambling here at CryptoCasino. One of the main reasons that it’s so popular is the fact that it is one of the most private ways of making online payments, as your personal details are not saved or transferred anywhere during the transaction process.

Payments are recorded and processed via the blockchain which, as well as making the transactions private, also provides an exceptional level of security which is impossible to match with regular fiat currencies. Another great benefit of using Bitcoin is that transactions are processed instantly, meaning you don’t have to wait around to play your favourite crypto casino games. You’ll also find that transaction fees are much lower for Bitcoin than they are for traditional payment methods like credit and debit cards, so you get to keep more of the money that you win.

Withdrawing Winnings in Bitcoin

When you play your favourite Bitcoin casino games with us here at CryptoCasino, you might find yourself landing a big win if you’re lucky. Fortunately, withdrawing Bitcoin from your account is just as easy as it is to deposit it. All you have to do once you’ve had a win is go to the account section by clicking on the silhouette in the top right hand corner, clicking on ‘Wallet’ and selecting the ‘Withdrawal’ option from the dropdown. At this point, ensure you have your crypto wallet open in another window and copy your blockchain address. Then head back to CryptoCasino, enter the amount you want to withdraw (minimum of $/€25 or equivalent), paste in the blockchain address of your e-wallet, and click ‘Confirm’ to initiate your withdrawal.

If you’ve already verified your identity and everything is above board, your withdrawal is likely to be processed instantly. If you have not yet verified your account, we may ask you for more information before your withdrawal is processed. From time to time, your withdrawal may be put in a ‘pending’ status, which is an intentional delay on the withdrawal. This is done for your protection, so that we can ensure that there are no signs of fraud, theft or any other illegal activity on the account. The longest period of time that your funds will be pending for is three days. Here at CryptoCasino, we will not charge a transaction fee for withdrawing your Bitcoin, so all of your winnings are yours to keep. Be aware, however, that fees may apply from the blockchain to process your payment.

Safety and Security

We allow players to process Bitcoin transfers via blockchain technology, which offers enhanced encryption for the highest level of security possible. You won’t need to provide us with any personal information to process a transaction, we’ll only step in if we need to verify your account to protect you from fraudulent activity.

To keep yourself safe using Bitcoin at our casino, you should:

• Use a hardware wallet if possible
• Enable 2FA
• Keep software up to date
• Keep your keys offline and encrypted

Conclusion

If you’re looking to get involved in betting with cryptocurrency here at CryptoCasino, there aren’t many better options than Bitcoin. The world’s most popular crypto offers fast, anonymous online payments that are processed for far less than regular methods of banking such as debit and credit cards. So, if you want to enjoy safe, secure online gambling with exclusive games and bonuses, give BTC gambling a try today.

FAQs