
The appearance of online poker with bitcoins is a logical step in the development of blockchain and decentralized systems.
The technology makes the game extremely fair and eliminates the attempts of the participants to cheat.
This article talks about how to play bitcoin casino poker and make deposits and withdrawals in cryptocurrency.
It’s worth making a distinction right away since not all gambling sites are the same. Some of them are originally built on the blockchain.
That means, they don't accept fiat and have their own tokens. Others are traditional poker rooms that have decided to accept payments in Bitcoin, Ethereum, Litecoin and other cryptocurrencies to increase the audience.
But no matter what type of casino you choose and what brand you choose, the process of using bitcoin in a casino is the same, let's look at it.
Bitcoin Casino Transactions – Detailed Overview
So, you make your choice and want to play poker with bitcoin? First, you need to find a casino that accepts bitcoin as a payment method – don't worry, we'll get to that in a moment.
Now you just need to familiarize yourself with the withdrawal and deposit methods that are used in the casino of your choice.
How to Buy Bitcoin to Play
Since many online casinos with poker rooms have started accepting bitcoins as a payment method, it's useful to know how you can take advantage of this opportunity yourself.
What is good about this payment method? It's much easier than you think. Once you have decided to use bitcoin as your payment method, the next step (you probably guessed it) is to buy bitcoins. You can do this at various places such as:
- Coinbase;
- Robinhood;
- Coinmama;
- Cashapp;
- and others.
You only need to register on the relevant bitcoin platform of your choice and deposit money from your bank account to exchange for bitcoins.
In addition, you can store your bitcoins in an e-wallet (most places that sell bitcoins offer this service as well), and you are ready to use this cryptocurrency anywhere in the virtual space where it is accepted – including bitcoin casinos.
You can enjoy an extra layer of security, convenient money transfers, and more.
Making Bitcoin Deposits in the Casino
Once you have decided to play a bitcoin casino and have bought the amount you plan to use, go to your casino or poker room (which accepts BTC) and proceed as you normally would with deposits.
To clarify what we are talking about, let's say that most casinos have a special page on their websites where players can make transactions to replenish their accounts.
Usually, accessing this page from the site's home page is more than easy (It's logical because online casinos are interested in making your deposits as easy as possible).
You just need to log into your casino account, select BTC and enter the amount you wish to deposit.
Most likely, the bitcoin casino will exchange your bitcoins for casino credits, and then you can continue to bet on your favorite games, knowing that the currency you are using is safe and secure.
Bitcoin Casino Withdrawals
If you intend to withdraw funds from a bitcoin casino, it's extremely important before making a deposit to make sure that they also offer you the option to withdraw funds in this cryptocurrency.
The reason for this is that some bitcoin casinos accept BTC as a deposit option but don't offer withdrawals in this currency.
However, if you have checked it, you just need to visit the withdrawal page of the website of your choice and select the option to receive a casino cashout in bitcoin (you can usually do this by selecting the BTC option from the list of valid currencies).
Enter the amount of money you want to receive an order a transfer. When you registered your account with the casino, you probably entered the details of the e-wallet you use to deal with bitcoins and the actual transfer from the casino to the wallet a transaction will be made on it.
Bonuses When Using Bitcoins in the Casino
Due to the growing popularity of bitcoin casinos, many of them offer a free welcome bonus as a way to attract new players to take advantage of the casino's benefits.
These bonuses can come in a variety of forms, from a few free spins on a popular slot to real casino credit that you can later bet in poker.
The important thing to note here is that if a casino offers a bonus to a new player for using bitcoin, it will almost certainly come with a wagering requirement.
For example, for a certain amount of bets, you'll have to make with that money before the casino will allow you to withdraw it.
Now let's back to the very beginning. As we said earlier, it’s very important to find reliable and proven bitcoin casinos, and we also wrote that we will help you with this. Here is a list of bitcoin casinos that we can recommend:
Casino brand | Bonuses | Availability of poker games |
7 bit casino | 5 BTC + 100 Free Spins | ☑️ |
Bitcoincasino-US | 100% up to 1 BTC | ☑️ |
Cloudbet | 100% deposit bonus | ☑️ |
Katsubet | Up to 100% Match bonus | ☑️ |
Bitcoincasino.io | 100% up to mɃ 1,000 | ☑️ |
Conclusions
At first glance, cryptocurrency casinos are no different from others. Very often these are casinos known to us, but they just added an additional payment method.
There are also those that are completely based on the new currency. In those bitcoin casinos, you'll find the same games, new offers and even special bonuses for players with this currency.
Despite its advantages, such as anonymity, fast payment, privileges, growth in value, etc., the currency also has its risks. Our advice is to choose a bitcoin casino that accepts both standard payment methods and cryptocurrencies.
Thus, even if it depreciates, you will be able to play and be able to recover possible losses in other currencies.