Bitcoin/BTC

While most online casinos strongly feature credit cards and e banking services like Neteller to handle deposits and withdrawals, more and more, Bitcoin is becoming the standard to bank with at an online casinos.

The Lowdown With Bitcoin Banking

Bitcoin is the world's number one crypto currency, and for good reason. The advantages of Bitcoin are immense. For starters it comes with several layers of security powered by block chain which encrypts sensitive data into many nodes for extra layers of protection. Unlike debit and credit cards where you need a bonafide bank account to handle your deposits and withdrawals, Bitcoin bypasses the need to use banks of any kind. In fact, all you need is a trusted Bitcoin wallet and a transference of some funds into Bitcoin to be used by you wallet to bank at online casino, and for that matter any website that supports Bitcoin. By no means is Bitcoin only limited to online casinos. You can officially trade Bitcoin and buy Bitcoin in many stock markets.

How Do I Get A Bitcoin Wallet?

Well for starters, Bitcoin wallets are an open source commodity, so you don't have to pay anything. Some of the most popular Bitcoin wallets are the original Bitcoin core wallet. This trusted wallet cross platforms on Windows, Apple and Linux devices. All you need to do is setup an account and download the wallet to your preferred distribution. What are the advantages of the Bitcoin wallet? For starters it is decentralized, meaning each member runs their own nodes to help ensure validity. Other features includes setting up your wallet to be completely offline, and it is also possible to pass on your Bitcoins to your family members should you die.

When you set up the wallet, you will be eligible to buy, sell and trade Bitcoins all through the Bitcoin network.

The other popular Bitcoin wallets that are worthwhile are the Electrum wallet, which is a very light version of Bitcoin Core which also cross platforms on all the major operating systems. You can export your private keys from your Electrum wallet and use them in other Bitcoin wallets. Some other wallets include Greenbits, Bither and Armory.

Once you have selected your online casino, all you have to do is register for an account and make deposits. For any questions or concerns, you can get in touch with the customer support of the Bitcoin wallet where you set up your wallet and traded for Bitcoins for resolutions.