It's never too late to get into Bitcoin and crypto gambling.
If you're planning to jump into the trend and play online casino games, you may be wondering how to buy BTC or other cryptocurrencies. We're here to help. Bitcoin and its underlying blockchain technology are changing the online gambling scene differently. Bitcoin and crypto remove intermediaries, making transactions cheap and faster.
In addition, crypto payments in online casinos are primarily anonymous. When setting up your account and depositing, you only need your crypto wallet address, no need for personal and banking details! For casino players who love convenience and a good measure of privacy, crypto is the way to go. But before you can enjoy its perks and win potential payouts, you'll need to buy your crypto first and set up your casino account.
Let's cover the basic steps to safely buy Bitcoin or other cryptos for online gambling. Bitcoin's value can go up and down wildly and you may end up losing your investments in time if you fail to track its price.
Start planning
Several online casinos now allow Bitcoin gambling, and some support different cryptocurrencies. For example, Pasino.com accepts many cryptos like Bitcoin and Ethereum and a few alt-coins. One crucial decision is identifying where you can safely buy your Bitcoin. The most popular option is to buy your crypto from an online exchange or broker. You'll need an email and a government-issued ID to complete your transactions to pass the Know Your Customer or KYC procedures.
Your Bitcoin or crypto wallet is another essential requirement when safely buying your coins. Several crypto wallet options are available right now, and they boast a wide array of features for convenience and security.
Don't forget to consider crypto's nature as a volatile and unregulated currency.
What are the different ways to buy BTC?
Now that you know the basics of Bitcoin and crypto, then you're ready to buy your coins. You'll find several BTC sellers out there which boast specific rates and advantages. Let's take a look at some of your options:
Online Bitcoin Exchanges
A cryptocurrency exchange is an online marketplace where you can buy, sell and trade BTC and other coins. Here, you can deposit fiat currencies and use these to purchase crypto.
Local Bitcoin Exchanges
These are crypto exchanges but will only cater to buyers' requirements from a specific country or region. Local exchanges benefit the buyers since they accept bank transfers and local payment solutions.
Bitcoin Brokers
Brokers act as intermediarybetween the individual and the market to buy and sell cryptocurrencies.
What are your options for your BTC wallet?
You need to a Bitcoin or crypto wallet of you want to buy or coin digital coins. Thanks to crypto's increasing adoption rate, you can now find a wide range of wallet options that can suit your lifestyle and gambling requirements. The most commonoptions are online wallets and mobile crypto wallets. You can find online wallets in most BTC exchanges or brokers where you can store your cryptocurrencies. But if you're looking for convenience and portability, a mobile app wallet is bet in keeping your crypto. Hower, your crypto is linked to your mobile device, making it difficult to retrieve your funds if you lose your device.
Another option is to use a hardware device such as Trezor or Ledger Nano X, two of the leading hardware wallets in the business right now. These wallets protect your digital coins from malware by isolating it from the inetrent. However, the trade off is that buying BTC for online gambling and storing it in this type of wallet is highly inconvenient.
Sign up for a crypto casino account, deposit and start playing!
With a funded Bitcoin wallet, you're ready to sign up and top up your online casino account. To deposit, log in to your casino account using the designated user name and password, visit the 'Cashier' and click 'Deposit'.
At Pasino.com, topping up your account is fast and easy:
- Log in to your account.
- Navigate to your wallet found at the top-right portion of the page. Click 'Bitcoin' as your preferred currency and click the 'Wallet' icon.
- Select 'Deposit' and scan the QR code or copy the deposit address. Remember, crypto casinos have specific qualifying minimum deposit to. For Pasino, the minimum deposit amount is 0.00001000 BTC.
- Once your deposit is confirmed, you're now ready play using Bitcoin!
