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Deposit with Bitcoin

Posted on July 6, 2016 | Comments Off on Deposit with Bitcoin

BitcoinIt is always good news anytime a new online casino banking method becomes available for USA players. Since USA online casino players cannot use popular eWallets like Neteller and MoneyBookers, unfortunately the main deposit method is by credit card. While we have the best USA online casinos that accept credit cards listed here, at times it can still be frustrating making a deposit and depending on your credit card company it may even be quite expensive. The good news is USA players can now use Bitcoin for making deposits and withdraws to and from USA online casinos. Bitcoin is a great credit card alternative and a great USA online casino banking method in general.

If you are unfamiliar with Bitcoin, it is a digital currency created a few years back. In the beginning many thought Bitcoin was unsustainable, but now years later there is even talk of Bitcoin becoming the global standard currency. While we are a good ways away from that, Bitcoin has grown substantially in both popularity and value in the last few years and USA residents can use Bitcoin anywhere it is accepted including online casinos.

If you would like to use Bitcoin for making online casino deposits and withdraws, you first must open a Bitcoin wallet. We urge all new users of Bitcoin to do a little research to determine where they would like to hold their Bitcoin. We personally use both Kraken and Blockchain and have never had a problem with either.

Once you open a Bitcoin wallet, you simply fund your wallet with your bank account and then transfer the Bitcoin to a number of great online casinos. Bitcoin is completely anonymous and very secure. Another advantage to using Bitcoin is it is virtually free. There is a small fee charged with every Bitcoin transaction, but it is literally cents on the dollar.

Once you have your Bitcoin wallet funded, and decided on the USA online casino you want to play at, you simply visit the casino cashier and choose Bitcoin. There you will be given instructions on where to send your Bitcoin deposit. It is very important to understand that Bitcoin uses unique identifiers with every transaction. You must be careful to copy the address given by the casino carefully or it could delay yoru deposit. As long as the Bitcoin address is correct your transaction will be completed in minutes and the funds in your casino account to play with. The entire process generally takes less than 10 minutes.

Bitcoin is also great to make withdraws with. To make a Bitcoin withdraw you simply request it through the casino cashier and supply them with your Bitcoin address. The casino will then send the Bitcoin to your wallet and you can then use those Bitcoin at other casinos, merchants or withdraw them to your personal bank account.

For more information on how Bitcoin works and the casinos that accept Bitcoin, see the USA Bitcoin online casinos we recommend and get started playing real money online slots and table games. By using Bitcoin you will never have a deposit declined again and can receive your winnings quickly.

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