How to make a deposit and a withdrawal in a crypto casino?
In recent years, a growing number of pure crypto casinos have been seen.
These casinos offer only Bitcoin and a selection of other cryptocurrencies as a way to fund your game, plus your bankroll or base account currency is in the appropriate cryptocurrency, such as Bitcoin, Ethereum, Bitcoin Cash, etc. This also means that games are played in these cryptocurrencies.
The Basics First
If you already have experience in online crypto gambling, then you can safely go back to your daily routine instead of reading this article. Because you already know about cryptocurrency wallet and availability of cryptocurrency in it. But if you are a newbie in the world of crypto gambling, hopefully, this little tutorial will help you understand a little bit about deposits/withdrawals at crypto casinos.
Check the Specifics
When it comes to choosing an online casino platform where bitcoin is accepted, standard rules should be followed. The top operators in this category are those that offer a wide, diverse range of quality games, reliable payment methods (bitcoin or hybrid), and a decent approach to customer service and support. In addition, an important point is the operator’s bonus offer terms and conditions, as they can either ruin a player’s experience or make it unforgettable. By relying on these key points you will find what you need.
Making a Bitcoin Casino Deposit
- Step 1: First of all, players need to choose an electronic bitcoin wallet service that best meets their storage and transaction needs. Current options include online wallets that store currency on their servers or downloadable apps that allow players to store their bitcoins offline on the platform of their choice.
- Step 2: Once players have chosen a suitable storage solution, they must get the currency. Bitcoins can be mined by yourself with the help of appropriate programs. They can also be purchased from current owners
- Step 3: Once you have a bitcoin bankroll to play at an online casino, all you have to do is find the right casino that accepts bitcoin and meets your needs.
- Step 4: On the online casino platform of your choice, go to the “Payments” page and select bitcoin as your payment method.
- Step 5: After choosing bitcoin as a payment method, players must enter their e-wallet address into the appropriate fields, along with the amount they want to deposit and an authentication key to confirm the transaction. This can take from a few seconds to several minutes of your time.
Withdrawing Your Winnings At a Bitcoin Casino
- Step 1: Withdrawing funds via bitcoin starts with the same steps as the deposit process. Go to the “Payments” section of the online casino platform. Players wishing to withdraw their winnings this way must select bitcoin from the list of available options.
- Step 2: Enter the appropriate address of the e-wallet in which you plan to store winning bitcoins from the casino.
- Step 3: Once the bitcoins are transferred from the player’s online casino account to the corresponding e-wallet address, the user only has to visit one of the many online exchangers and convert their bitcoins into one or the other fiat currency. Keep in mind the volatility of the cryptocurrency and its exchange rate.
Things to Note About Bitcoin Banking at Cryptocurrency Casinos
As you can see, all these steps are quite simple and will not take you much time. But security measures on the Internet, and especially at online casinos, are an important part of your comfort. When choosing a Bitcoin poker casino it is recommended to focus on: licensing and regulation, reputation, a wide range of games from experienced developers, Live Dealer Games, and Provably Fair Gaming.
Hope this tutorial will help you to make the right choice! And may the luck be with you!