Bitcoin casinos are the online casinos that offer Bitcoins (BTC) as a form of payment, being this a digital cryptocurrency has become extremely popular in recent years. Unlike traditional currencies, it does not have a central bank and only operates in the peer-to-peer market. Click here to know about lotto results.
Bitcoins can only be transferred between users through Bitcoin addresses, which is a series of numbers and letters that can vary between 27 and 34 characters. There are Bitcoins casinos that deal exclusively with this currency. There are casinos that have been operating with traditional currencies and have started adding Bitcoins as another form of deposit and / or withdrawal and are known as hybridcasinos. Visit this site to know about биткоин.
These, for the most part, will be able to accept the deposits through Bitcoin and will proceed to process the withdrawals to the Bitcoin address that the player chooses, but they will convert the funds to a traditional currency once the deposit is received.
How to get Bitcoins?
First, you must find a place of great confidence to make the purchase, the most viable option being an exchange service that has been established as Bitstamp, BTC-e or Kraken. The most usual way to get Bitcoins is through bank transfer. However, there are services that give other methods such as regional payment vouchers, for example.
Having already chosen the site and made the decision of which payment method to use, you can proceed to buy the Bitcoins. These operations, in general, are usually immediate and according to current market rates, often having a fairly low commission that almost disappears when compared to most electronic wallet rates.
How to deposit in your casino account?
Once registered, your Bitcoin address will be granted, which should be used when you want to make a transaction with an online casino, being the deposit in your instant casino account and practically free.
You only have to wait for the transaction to be confirmed by the block chain, which generally can take less than an hour. Once the funds are credited to your account, you will be ready to start playing.
You should not forget to be aware of the promotions page, as this is the same as for traditional transactions and all brands offer their own casino bonuses and gifts that can increase their chances of winning.
How to withdraw your earnings?
To make the withdrawal through Bitcoin, you only have to send your coins to the address of your exchange service, having to sell the Bitcoins you have and make the request for a bank transfer or by another payment method. But if you want to keep your Bitcoins, it is recommended that you download your own free Bitcoin wallet and protect it with your password. You should not forget that Bitcoin prices are fluctuating.