If you enjoy gambling and have a penchant for cryptocurrencies, then you may have heard about crypto casinos, which are simply online gambling platforms that allow players to wager on games with crypto coins or tokens. Without a doubt, bitcoin is almost always used on these sites, and for good reason – it is the […]
The post A Beginner’s Guide To Using Bitcoin At Crypto Casino appeared first on Coindoo.
If you enjoy gambling and have a penchant for cryptocurrencies, then you may have heard about crypto casinos, which are simply online gambling platforms that allow players to wager on games with crypto coins or tokens.
Without a doubt, bitcoin is almost always used on these sites, and for good reason – it is the most popular coin in the world today.
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So if you have Bitcoin now, you can try gambling with it. But if this is your first time, you’ll need some helpful pointers to boost your chances of winning. But first, let’s take a sneak peek into what Bitcoin gambling is, and what perks you’d enjoy when you try it out.
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Exploring Bitcoin Gambling
With Bitcoin gambling, you get to participate in many online gambling activities, including casino games and even sports betting. But instead of fiat currency (any form of legal tender), you’ll wager on activities and get your winnings in Bitcoin. You only need to register at a bitcoin casino where you can thrill yourself with exciting crypto casino games and live table experiences while enjoying the anonymity and security that come with its Blockchain technology. And thanks to the site’s bonuses, you can build their confidence as a beginner and become a pro in no time.
Getting Started With Bitcoin Gambling
Gambling with Bitcoin at a crypto casino may seem complicated to a first-timer, but that’s really not the case. You can quickly get the hang of it once you know what to do. With that in mind, you’ll need to do the following carefully in other to begin your Bitcoin gambling journey.
1. Get a Bitcoin Wallet and Coins
If you don’t already have a crypto wallet, you just want to get one as soon as possible if you want to gamble with Bitcoin. This is because you’ll use it to transfer crypto to the casino and store your winnings as well. Depending on your preferences, you can either get a hardware wallet, software wallet, or online wallet.
After getting it, you’ll be given a private key and seed phrase which you must protect at all costs. This is because you can’t access your wallet without them, which means saying goodbye to your coins. You’ll also want to buy bitcoin from crypto exchanges, bitcoin ATMs or your peers and store them in your wallet.
2. Choose a Crypto Casino
Now that your crypto wallet is ready, the next step is choosing a crypto casino to make your Bitcoin gambling debut. Most platforms like this are powered by Blockchain technology, so there’s a layer of security for you. But, not all sites are genuine, so you still have to be vigilant when choosing one. After all, you don’t want to lose your precious Bitcoin to criminals.
That being said, check their licences and security measures, and make sure they have provably fair games. You’ll need the welcome bonuses to protect your coins while trying out the games, so ensure that your chosen crypto site has them.
3. Create an Account and Deposit Your Bitcoin
You’ll need to open an account to use any crypto casino, so click on the sign-up button and provide the details they require (usually your email address, username, and password). Some platforms will want you to verify your account, so keep this in mind. After this has been completed, you’ll have to make a Bitcoin deposit so you can play whatever game you want.
Simply click on the “deposit” button on your account, and you’ll get a unique blockchain address for your account only. Now, switch to your wallet, click on “send to” paste your blockchain address in the space provided, and click “send.” You can now navigate back to your casino account to see your deposited Bitcoin.
4. Withdraw Your First Bitcoin Casino Winnings
This is probably one of the sweetest moments in Bitcoin gambling, so you must do it right. You’ll have to verify your account first and prove your identity with a valid ID, proof of address, and other documents. When you have been cleared, you can go to the casino’s winning withdrawal page, and put in your Bitcoin wallet address. But be careful! any little mistake when entering this address and your Bitcoin’s gone forever. You’ll receive your winning after the processing of payment is complete.
Helpful Tips for Playing Bitcoin Casino Games
As mentioned earlier, there are so many online gambling games on Bitcoin casinos, and there’s something for everyone. This means you’ll find slot games, table games, live dealer games, and so on. But before you begin your adventures, consider doing the following:
- Boost your confidence and skill with demo games, as you don’t need to wager anything.
- Start with low-risk games until you’re ready to take on the tougher games.
- Look for games with a higher return-to-player (RTP) percentage.
- Use whatever bonuses have been given to you to increase your chances of winning.
The post A Beginner’s Guide To Using Bitcoin At Crypto Casino appeared first on Coindoo.
