In this guide, we’re going to look at how to deposit and withdraw at a Bitcoin Casino, what a casino deposit means and we’ll also cover a little bit about Crypto Wallets for Casino, and how you can stay safe while sending or receiving Bitcoin.
Crypto Casino Sites have experienced a surge in popularity, particularly over the last few months as the price of Bitcoin has continue to climb, and with Government and regulators keen to monitor players’ finances (in the hopes of finding anything to do with money-laundering), it’s likely that Crypto Casino Sites will continue to grow, as more players want their privacy.
The casino deposit bonus is an online incentive distributed by gambling halls to registered punters. Most circumstances witness the player obtaining an offer via email to participate in the match deposit. They’re informed that deposited funds will be replicated by 100% their value. As such, gamblers formalizing deposits at $250.00 would retain bankrolls at $500.00 Credits. This expands the wagering capabilities of participants, whereby payouts are accentuated in the process.
When registering yourself for the online deposit bonus, there’ll be terms & conditions agreed upon by players. Those terms indicate limits on the amount authorized for depositing, withdrawing, and wagering. It’ll be required that gamblers stay within those limitations to ensure that payouts are processed.
As mentioned previously, the match deposit is meant to replicate whatever players have deposited into their account. There’ll be different percentages applied to this promotion, whereby 100% is the most common. But players can also inquire a 50% and 200% match deposit promotion.
It’s noted that wagering requirements are alternated based on the bonus percentage. Moreover, this promotion is accessible to newcomers with smaller rollovers. It’ll be required to reach a x5 to x10 Rollover for newcomers. As such, capabilities in acquiring lucrative payouts are improved tenfold. To understand the differing characteristics involved with the deposit bonuses, read below:
To achieve the maximum potential when utilizing this promotion, review the Terms & Conditions to guarantee that bonus aligns with your betting requirements.
100% up to $100 in Bitcoin + 20% Cashback.
18+ New Players Only. Min. Wagering Requirement. Valid until Further Notice. Full T&C's Apply
100% & 200% on Crypto Deposits
18+ New Players Only. Min. Wagering Requirement. Valid until Further Notice. Full T&C's Apply
Cashback + 100% up to $700 Crypto Bonus
18+ New Players Only. Min. Wagering Requirement. Valid until Further Notice. Full T&C's Apply
780% Welcome Package + $1 and $5 No deposit bonus
18+ New Players Only. Min. Wagering Requirement. Valid until Further Notice. Full T&C's Apply
150% up to 1 BTC, 10 BCH/ETH, 50 LTC + 150 Free Spins
18+ New Players Only. Min. Wagering Requirement. Valid until Further Notice. Full T&C's Apply
Gamblers approaching their deposits with this promotion will obtain an assortment of benefits. Initially, it’ll provide the finances needed to experience additional products without circumventing more money from your monthly income. Secondly, it’ll enable gamblers to expand their opportunities at triggering payouts. But newcomers question which gambling products should be incorporated into their playthroughs.
Most would recommend that beginners start with video slots. However, those willing to research & educate themselves on various strategies regarding table games could utilize their No Deposit Online Bonuses for blackjack, roulette, keno, craps, poker, and various other gambling products. For those wanting to know the additional advantages that come with the Deposit Bonus, read below:
It’ll be recommended in those strategies that punters institute large bankrolls. As such, deposit $200.00 or more to establish the best opportunities possible at winning prizes.
Due to the nature of Blockchain, it’s physically impossible to recover lost coins – it’s just not possible – so if you send coins to someone else’s address, unless you know them personally, or “fluke-out” and find a way to contact them, there’s virtually no chance you’ll get them back. Above all, have fun and remember to always try and gamble responsibly.
There’s a few things to remember if you’re planning on making deposits and withdrawals using Bitcoin, and the biggest tip of all, is to always double check the addressed you’re sending or requesting money to/from.
You’ve no doubt heard the phrase “Crypto Wallet” before. We’ve mentioned it a fair number of times in this article alone, and if you’re sat there wondering what the heck a Crypto wallet actually is, then keep reading to learn more!
For example a Hard Crypto wallet is much like a bank account. It’s where your Bitcoin, Litecoin, Ethereum and FUN ERC-20 token coins are stored, and it’s the place you go to make transactions. The main difference is that Blockchain is open-source code, meaning there is no third party like the bank meaning that nobody holds your money as long as you have a hard wallet in place.
This means you have full and complete control over your funds – and what’s done with them – and ensures a smoother, more privacy-orientated online gambling experience.
Example of Cryptocurrency wallets:
45% Cashback up to €800 or 2nd bonus - €750 + 75 FS
18+ New Players Only. Min. Wagering Requirement. Valid until Further Notice. Full T&C's Apply
780% Welcome Package + $1 and $5 No deposit bonus
18+ New Players Only. Min. Wagering Requirement. Valid until Further Notice. Full T&C's Apply
€400 Bonus + 200 free spins + 15% cashback.
18+ New Players Only. Min. Wagering Requirement. Valid until Further Notice. Full T&C's Apply
100% up to 1 BTC Bonus + 180 Free Spins
18+ New Players Only. Min. Wagering Requirement. Valid until Further Notice. Full T&C's Apply
Deposit and get 2 BTC Welcome Bonus and 2 BTC Reload Bonus
18+ New Players Only. Min. Wagering Requirement. Valid until Further Notice. Full T&C's Apply
100% up to 1BTC Bonus + 10% Daily Cashback Bonus.
18+ New Players Only. Min. Wagering Requirement. Valid until Further Notice. Full T&C's Apply
100% Bonus up to 2 BTC Bonus
18+ New Players Only. Min. Wagering Requirement. Valid until Further Notice. Full T&C's Apply
Get up to €200 and 150 Free Spins WAGER FREE! Use PROMO CODE: ZEROWAGER
18+ New Players Only. Min. Wagering Requirement. Valid until Further Notice. Full T&C's Apply
After punters have ascertained their payouts, withdrawing those prizes is needed. For beginners, that task could be challenging as additional steps are involved in withdrawing then with depositing. For those needing clarification over those steps, look below.
For those planning to continually interact with that gambling establishment, we’d recommend saving your banking credentials. This will mean that Crypto Wallet Logins are saved for upcoming deposits & withdrawals. As such, banking provisions become simplified for consumers. It’s noted that removing payouts when utilizing the Online No Deposit Bonus requires participants to complete the rollover requirements. Incompletion of these stipulations will cause punters to lose their right towards withdrawing.
Depositing at a Crypto Casino is easy, well when you know how, and in this section, we’ll look at how to send Bitcoins to a casino. Note that many Crypto casino sites also offer other cryptocurrencies including Ethereum and Altcoin, but we’ll only be covering Bitcoin
The first thing you need to do, is make sure your Bitcoin wallet has funds in it. Once done, you’ll need to log into your casino account, and head to the cashier section, and where you’ll see a Bitcoin address.
Copy this address (be careful you copy it exactly as-is), and then head to your Bitcoin wallet, and paste the address in, in the “Send/Receive” tab. Once you’ve done so, choose how much Bitcoin you wish to send (make sure you send more than the casino’s minimum amount), and click send; that’s it!
You’ll see your funds available within your casino account within just a moment or two – and its then time to hit the tables or slots!
Withdrawing from a Crypto Casino is much like depositing – expect instead of sending Bitcoins, you’ll be receiving them!
To get started, once again head to your Bitcoin wallet – but this time, copy your BTC, LTC or ETH address. Take this address over to the Crypto casino site’s cashier, and under the “withdrawal” tab, paste the address in the “receiving Bitcoin address” field.
Be sure your wallet address is correct, as once the casino have sent your funds there’s nothing they can do if they sent them to a wrong address.
Once you’ve made the withdrawal request, the casino will process your withdrawal – and depending on how quickly they complete the processing of it, you could have your money in a matter of moments, or a few hours – it all depends on the casino.
To speed things up, ensure you’ve submitted any relevant documentation (like identification, for the KYC (Know Your Customer) checks).
One of the advantages which comes with using cryptocurrencies online is the speed of transactions. Punters want to make their deposit and to begin playing as quickly as possible. So, they’ll be pleased to know deposits using cryptos such as Bitcoin are almost instantaneous.
The speed of withdrawals is one of the most significant bugbears in the online casino world. But, thanks to digital tokens like Ethereum, the waiting time is slashed considerably. Most withdrawals will get from A to B in minutes.
The amount a punter can deposit at an online cryptocurrency casino will vary depending on the policy of the operator. However, using Bitcoin as an example, on average, a player can withdraw between three and five BTC in a transaction.
If a player is new to a service or platform, they’re in luck, as the operator will want to give them a warm welcome. They do this by rewarding them for making their first deposit with perks such as bonus funds, a deposit match, free spins, or a combination of goodies.
One of the most significant positives where cryptocurrencies are concerned is that transactions are secure. There are no middlemen involved, and users remain anonymous. Therefore, funds move from one party to the other safely and without risk.
A lot of cryptocurrency sites such as Bitcoin platforms are designed for mobile play. So, operators make it a straightforward process to add funds to an account. In a couple of taps of the screen, a punter will have added to their account and can begin playing.
Gamblers that have poor internet connections could sustain service interruptions when depositing into their accounts.
Processing involved with cryptocurrency deposits and withdrawals are prompt. Deposits are instantaneous & withdrawals take an hour at most.
An Hour, 24 Hours, and 72 Hours are the standard intervals of processing seen for eWallets.
Gamblers cannot return their match deposit bonuses. They’ll need to be played through to acquire another promotion.