Making Deposits in a Bitcoin Casino

Making deposits in a Bitcoin casino may seem confusing, but it's one of the easiest and safest banking methods. Because Bitcoin is open source, it's not under the control of a government agency or financial institution. This eliminates many fees you experience if you use a credit card to deposit with a casino.

Bitcoin wallets come in two options: software or web. Software wallets like Bitcoin Core are safest as the program isn't storing your cryptocurrency in cloud storage. Web wallets like Coinbase are easy to use and set up.

Ask the Casinos Who They Recommend for a Bitcoin Wallet

Most Bitcoin casinos recommend a partner site to players who do not have a Bitcoin wallet. If there is no recommendation given when you try to make a deposit, Coinbase is one many players trust. Use Coinbase to buy and sell Bitcoin. If Coinbase isn't an option for you, chat, call, or email the casino to see if they have a recommendation.

Once you have a recommendation, go to that site and set up an account. This gives you a place to purchase Bitcoin and use it when making deposits at an online casino. You'll also need the Bitcoin wallet to transfer winnings from the casino.

Arrange Your Bitcoin Transfer

Log into the casino you've chosen. Visit the cashier and make a deposit. Choose your method. If it's Bitcoin, you'll enter your Bitcoin address. Once approved, you'll get a Bitcoin confirmation message. The money will appear in your casino balance shortly.

The same occurs when you transfer winnings from the casino to your Bitcoin wallet. You'll put in the request to have winnings sent to your wallet. You'll get the same confirmation. Once the transaction is approved, which can take a few days depending on the casino, you'll find the funds in your Bitcoin wallet.

Choose From a Variety of Banking Methods

If Bitcoin isn't an option for you, making deposits with Bitcoin isn't your only choice. Many casinos also accept credit cards, debit cards, bank transfers, and e-wallets like Neteller. Actual options vary from one casino to the next. When you log in, visit the cashier to see the options available to you.

Bitcoin is easiest, but if you're using a different banking method, follow the instructions on your screen. Credit cards require you to fill out and fax credit card authorization paperwork to the casino you choose. Other methods like Neteller or Skrill will also have instructions to help you out.

Get the Most From Your Online Casino Deposit

Don't make a deposit without looking at the latest casino promotions. Bitcoin casinos have welcome bonuses that include offers like an extra $1,000 at Ignition Casino to $6,000 at Drake Casino. Make deposits using Bitcoin and get a 50 or 150 percent match at Bovada Casino, 100 percent at Betonline Casino, 250 percent at Slots.LV, or a whopping 600 percent at Cafe Casino.

Best Paying Slots keeps track of all the latest Bitcoin casino bonus offers. Visit us for recommendations on the best games, best casinos, and best promotions before you visit your favorite Bitcoin casino to make a deposit.