One of the biggest trends in online gaming right now is Bitcoin slots. And it looks like this trend is here to stay, because more slots players are using this cryptocurrency.
The reason why Bitcoin slots have become so popular is because they offer an easy way to deposit and withdraw money. Of course, Bitcoin is still relatively new in comparison to most online casino deposit methods.
If you’re not sure where to begin with this cryptocurrency, keep reading as I discuss simple steps on how to play Bitcoin slots.
Exchange Fiat for Bitcoin
The first thing you need to do is exchange fiat currency like USD, AUD, GBP, or EUR for Bitcoin. The easiest way to do this is by going to an exchange site like Coinbase, GDAX, or Gemini.
I personally use Coinbase, which is why they’ll be featured in my examples.
You need to add to your bank account details or another payment method at the exchange site. Once you do this, you’ll be set to buy Bitcoin with fiat.
The next step is to select Bitcoin in Coinbase’s Buy/Sell section and purchase the amount you want. You will receive the cryptocurrency once you confirm the transaction.
Use the Online Casino’s Wallet Address when Sending
The second big step to funding your online casino wallet with Bitcoin is actually sending it. This begins by visiting your favorite online casino and getting their Bitcoin wallet address from their banking section.
Some of the Bitcoin online casinos that you can choose include Bovada Casino, Drake Casino, and Miami Club.
Once you do this, go to your “Account” section at Coinbase or whatever fiat site you’re using. You then need to choose Bitcoin and enter the amount you wish to send.
And this point, you’ll be prompted to enter the recipient’s wallet address. This is where you paste the online casino’s wallet into the field.
Confirm and Play
Once you’ve completed the steps above, all you need to do is confirm that you’re sending Bitcoin to the online casino.
It may take between 10 and 30 minutes for the transaction to be completed. But once it’s done, your internet casino account will be funded with Bitcoin and ready for play.