Paying With Bitcoin in the Online Casino – Explained Step by Step

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If gold is the currency of God, in the words of Robert Kiyosaki, then bitcoin is the currency of the Internet! The internet currency bitcoin has increasingly made it into the international media in recent weeks and months. The reason for this was a strong price increase, which was due to several factors.

Bitcoins are also becoming an increasingly important and popular payment method in non GamStop casinos. However, many casino players are still not really clear about where they actually get bitcoins and how they can pay with bitcoins in online casinos not on GamStop.

In this article, we want to take a closer look at how Bitcoins can be purchased and how deposits work with them in a non GamStop casinos. Of course, we also address the question of security in this context. On the one hand, with regard to the deposits. But we also want to take a closer look at the risks of price fluctuations.

What Is Bitcoin Casino not on GamStop?

If you are asking yourself this question, we recommend that you read an earlier blog article as a starting point, in which we deal exactly with the question “What is a Bitcoin Casino?”. This practical article goes one step further – we want to give you step-by-step instructions on how to pay with bitcoins in the casino.

How Can Bitcoins Be Purchased?

So let’s go. In order to be able to pay with Bitcoin in non GamStop casinos, you must first obtain Bitcoins. In the following, we want to take a step-by-step look at how you can become Bitcoin owners.

Step 1 – The Bitcoin Wallet

Bitcoins are a currency like any other, just in digital form. As with any other currency, you also need a place to store your coins. This repository is called a Bitcoin wallet. Such a wallet can be created quickly and free of charge by many providers.

Step 2 – Buy Bitcoins

Now that you have a bitcoin wallet, the next step is to actually purchase the bitcoins. Here are a few options available to you, which we now want to take a closer look at.

Bitcoin Exchanges

Bitcoins can be bought on exchanges that operate specifically for this purpose. These exchanges work like other markets. Demanders and suppliers are brought together and can exchange bitcoins in a secure environment. As a rule, Bitcoins can be purchased by paying by credit card or bank transfer. The transactions are usually very uncomplicated, and you can transfer your purchased bitcoins to your wallet within a few minutes.

The disadvantage of bitcoin exchanges is that these transactions cannot be processed anonymously, as you have to leave a credit card or bank details with the bitcoin exchange.

Bitcoin ATMs

Another option to acquire Bitcoins is the new Bitcoin ATMs. With these devices, you can deposit an amount of money in euros in cash into the machine and receive bitcoins in return. In the countries of Austria, Switzerland, Belgium and Holland, there are many more Bitcoin machines.

Bitcoin Forums & Circle of Acquaintances

A third variant, which we would like to briefly address here, is the option of acquiring Bitcoins from friends or via forums. Here, too, you have the option of completing transactions anonymously. However, this option is not really recommended, especially for newcomers. If you are dealing with Bitcoin for the first time and have not yet gained any experience, then we would recommend that you make your first transactions via a Bitcoin exchange.

It is best to first buy bitcoins for a few euros so that you can get a feel for the currency and the transactions. If you like this currency, then you can start working with larger amounts.

Deposits With Bitcoins Non GamStop Casinos

Are you now the proud owner of Bitcoins? Great, then let’s take a look at how to use Bitcoins to deposit and withdraw from non GamStop casinos. 

To make a deposit with bitcoins, go to the payment area of the casino as usual. Then select Bitcoin as a deposit option. You will now see a 34-digit code. This code is your individual Bitcoin payment address.

This code varies from player account to player account. Now copy this code and log into your bitcoin wallet on which your bitcoins are located – such as blockchain.

In the Bitcoin wallet, you can now select the option “Send payment”. Then enter the 34-digit code you copied earlier and specify how many bitcoins you want to send to the casino.

After you have confirmed the transaction, the deposit will be credited to your account in real time.

If you want to make a mobile deposit, you can scan the QR code displayed on the deposit page and then paste it into your Bitcoin wallet. This saves you copying the 34-digit code. Bitstarz also offers you the option of paying conveniently via the provider cubits. In this case, it looks like this:

Withdrawals With Bitcoins Non GamStop Casinos

If you want to request a payout, you must first copy your individual wallet code. You can find this in your Bitcoin wallet. Once you have this, simply go to the withdrawal section of the GamStop casino.

Copy your code into the field provided and set the payout amount in bitcoins. The payout is usually credited to your Bitcoin wallet after just ten minutes. This is one of the great advantages of Bitcoins. Unlike transactions via credit cards or bank accounts, you can have your money back very quickly.

Paying With Bitcoin in the Casino not on – Conclusion

We hope that in this article, we were able to bring you a little closer to the topic of bitcoins and online casinos and that the process from buying bitcoins to making a deposit in the online casino became clear. For those of you who already use Bitcoins, this option is also a good way to gamble in the casino. If you have not yet dealt with bitcoins, then as a first step, you can simply purchase a few bitcoins and book them on your wallet. In the next step, you can then try a deposit in the casino. In any case, Bitcoins are a new and innovative deposit method that you should take a closer look at when you get the chance.

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