Online casinos allow you to play your preferred games for real money.
Since the main thing on which a successful gambling experience is seamless transactions, you must use the suitable payment option to make your deposits and withdrawals.
You need to think carefully about the best way to deposit and withdraw your winnings.
One of the best casino payment methods available to EU and US players is BTC.
We will cover this payment option in detail and how can you use it to enjoy seamless transactions in reliable gambling sites.
Best BTC online casinos
The Swedes are known for their ability to create simple things, and Bitcoin is no exception.
This is a well-known online payment method among players who prefer to make safe and fast deposits and withdrawals.
Although it witnessed a humble beginning, it is a very popular online payment system with over 60 million members at the current time.
Recently, it has proven to be a convenient way to shop, play online games, or engage in other online fun activities.
With BTC you can make deposits in many countries.
However, most of the time, these deposits are only allowed at casinos that cater to British, Scandinavian, and Central European players.
Bitcoin works with all online casinos.
All you need to do is have the money either in your bank account or on your card to use this method.
Are BTC deposits eligible for casino bonuses?
Bitcoin is a method you can use to get the welcome bonus at any online casino or sports betting site.
Unlike Skrill and Neteller, this method isn’t executed from gambling sites’ bonuses.
However, make sure to read the conditions carefully before accepting any offer.
BTC can process withdrawals but with some restrictions. Sometimes, when you make a withdrawal, your transactions may be processed for a long time, and you may be charged a small fee on your cash-outs.
BTC casino: step-by-step guide on how to make your first deposit
Paying with bitcoin is simple, transparent and fast.
The BTC app will perform an automated micro-credit check and then transfer your payment to the casino when you make a deposit.
This eliminates the need to pass sensitive credit card data or experience time-consuming transfers.
Creating an account on BTC only takes a few minutes, and following these steps:
- On the official bitcoin website, you will be asked to provide your personal details, including your full address, name, bank details, and other basic details.
- A confirmation message will be sent to your mail within seconds.
- Depending on the country that you live in, you have several payment options to pay back btc loans. For example, you can use a bank transfer or credit card.
What is the “Shop Now, Pay Later” service?
This service is a reasonable alternative for credit cards allow customers to shop now for their beloved goods and services and pay with BTC later.
This payment method makes life easier for customers who cannot pay immediately but are sure they can afford it in the following weeks and split any purchase into four small payments.
What are the BTC fees?
BTC can be used for secure payments and without any fees.
However, additional charges and interest may be applied if you missed one or more payments.
The main advantage of this method is the user friendlessness and the ability to make seamless payments on smartphones and tablets.
After making a deposit, the funds will immediately appear in your player account if the provider already accepts payment.
What are the alternatives if bitcoin is not suitable for me?
Certainly, no payment method works for everyone, and even if it is, it may not be accepted by all gambling sites.
Fortunately, there are plenty of bitcoin alternatives available at non virtual gamstop gambling sites.
If you prefer to rely on credit to conduct your financial transactions, you can use Visa or Mastercard credit cards.
By using Visa or Mastercard, you will deposit and withdraw funds without any problem.
In addition, you can use these tools on your smartphone without downloading any application.
Also, you can use any web wallet like Skrill and Neteller and PayPal.
The first two are often available at all gambling sites, while the third one is exclusively available in UK licensed gambling sites only.
These wallets allow you to make ultra-fast deposits or withdrawals but for some fees.
Much better is a brand new service established primarily to cater to online gamblers needs.
Also, it has a convenient mobile app that is available for download on Andriod and IOS devices.
Conclusion
Bitcoin is one of the best and safest financial means in the world of online casinos and virtual gambling sites.
This method works on the “Buy Now, Pay Later” model that makes gambling payments friendly to the budgets of all players.
You can make your deposits using this method and receive various bonuses without any hindrances.
Furthermore, you will use this method on your smartphone or tablet. However, bitcoin has some drawbacks as you will not withdraw your profits using it.
Moreover, it can make gambling turn into debts and financial burdens for you.