The first time you bet with Bitcoin (BTC), it feels like you’re walking the red carpet. Wait times are reduced, deposits are guaranteed, and the amount of bonus cash thrown your way exceeds expectations. It’s the best way to play online casino games and is a viable option for every casino player out there, including you.
There’s no need to be a tech guru or cryptographer to use Bitcoin to deposit and play now at Slots Casino. A smartphone, internet connection and a bit of patience is all that’s required to get up and running with the cryptocurrency, and once you are, you’ll wonder how you went so long without it. Using Bitcoin for deposits and withdrawals solves the pain points often associated with online transactions, making for a much smoother process.
In this article, we’ll go over the various benefits of using Bitcoin to fund your bankroll in our casino and explain how to make that first deposit. Then, we cover the step-by-step process of withdrawing funds via Bitcoin, which is really just the reverse instructions of making a deposit. In the Deposit section, we provide valuable information on how to collect Bitcoin bonuses—and there are multiple of them. Brace yourself; you’re about to go from Bitcoin beginner to pro in a matter of minutes.
Why Bitcoin is the Online Gaming Currency of the Future
As the world becomes more digital and global, it’s clear that Bitcoin is the future of online transactions. Although Bitcoin is used in a wide range of industries, it’s particularly well-suited for online gambling. We’ve witnessed how superior online casino gaming is when using this quick, simple and cheap deposit method.
The speed in which Bitcoin can be processed far exceeds what’s possible with credits cards, bank withdrawals and couriered checks. That’s because Bitcoin doesn’t require a financial institution to authorize and process a payment. The peer-to-peer nature of the Bitcoin network means that instead of a bank processing payments, they go to a Bitcoin “miner” who posts the transaction on a public ledger as soon as it appears on the blockchain. The blockchain is an anonymous system that tracks the movement of Bitcoin in a safe and secure way.
Miners are paid in millibitcoin (mBTC) for completing a transaction by solving a complex algorithm, and fortunately for Bitcoin adopters, that means the fees associated with Bitcoin transactions are nominal—especially compared to the fees associated with credit card companies.
The efficiency, simplicity and anonymity made possible with Bitcoin make this particular cryptocurrency a strong candidate for a global online currency.
Does Bitcoin Change the Way to Play Online?
Some casino players are concerned that adopting Bitcoin means relearning how to play online slots or how to navigate our online casino. We assure you that’s simply not the case. The only “learning curve” with Bitcoin is figuring out how to work the digital wallet and the exchange platform, and this has become easy ever since cryptocurrencies have gone mainstream. To help make this a smooth process, we have recommendations for beginner-friendly wallet and exchange options, such as CoinBase, and have videos with step-by-step instructions on all things Bitcoin in our Video Library.
Even your bankroll remains unchanged when you use Bitcoin. Bitcoin deposits are automatically converted to USD (or CAD for Canadian players) when they hit your account for a number of reasons. For one, it’s done to protect your balance from any market fluctuations. Bitcoin is relatively volatile compared to other currencies, and if the value of Bitcoin changes while you’re playing a casino game, you can be confident that it won’t have any impact on your bankroll whatsoever. For two, converting the funds to USD ensures that you experience our online casino the exact same way you’re used to when depositing with a more traditional “fiat” currency.
How to Deposit with Bitcoin (And Claim Bonuses)
The easiest way to get Bitcoin is to buy it using a “fiat” currency like US dollars and/or Canadian dollars. To be able to do that you’ll need an account at a regulated exchange and a digital wallet to facilitate the movement of Bitcoin (sending and receiving). Downloading a Bitcoin exchange that doubles as a personal wallet hits two birds with one stone, and can come in the form of an app downloaded onto your phone. Examples of Bitcoin wallets in the US used for slot games include Blockchain and Coinbase. Be prepared to go through an identification process for the exchange, as your identity needs to be confirmed by a piece of ID before you can make trades. Setting up the digital wallet, however, requires just a valid email address and name. It can be done in just a couple of minutes.
The exchange is where the buying and selling of Bitcoin (and any cryptocurrency) happens, so you’ll want to get comfortable using this digital platform. To get Bitcoin, all you need to do is hit the “Buy” button and follow the prompts to purchase any cryptocurrency you want at market value in a few quick clicks. Upon purchase, you’ll want to direct the funds to your digital wallet using its address. Alternatively, if you’re using an exchange/wallet combo service, the funds can be moved to your wallet without using the address.
With Bitcoin loaded into your digital wallet, you can use it to make a deposit into your Slots Casino account. In order to do this, you must take the same steps that you normally would to deposit funds, but be sure to select “Bitcoin” from the list of deposit methods Keep in mind we also accept Bitcoin Cash—a fork of the original Bitcoin. A digital address for your Slots Casino account will be auto-generated and ready for you to paste into your wallet when you go to send the funds.
Keep in mind, when you deposit with Bitcoin, there are certain bonus funds you can claim. The first one, our Bitcoin Welcome Bonus, offers the biggest bonus of all. Up to $7,500 in bonus money can be claimed through your first nine deposits. The first deposit is eligible for a 300% match bonus for up to $1,500 each, and the subsequent eight deposits are eligible for 150% match bonuses for up to $750 each for a grand total of $7,500 if you choose to max it out. After this generous welcome bonus, you can still boost your bankroll with the Crypto Double Up. A 150% match bonus for up to $250 twice a week (plus 50 free spins on a specified slot) eclipses the benefits of the standard Double Up promotion that’s good for a 100% match bonus for up to $150 (with 30 free spins on a specified slot). To claim these bonuses, select the one you want from the “Choose Your Bonus” menu upon deposit. Your playthrough progress will be tracked in your account and displayed through a meter.
For a visual on how to buy Bitcoin and deposit it into your Slots Casino account to play online slots for real money, see the Bitcoin section in our Video Library.
How to Start Playing With Bitcoin
With Bitcoin loaded in your digital wallet, you’re free to use it for deposits at Slots Casino. You’ll need the address for your Slots account; retrieve that by following the prompts to Deposit with Bitcoin. For online slots, be sure to select the appropriate option for your cryptocurrency of choice, as we accept both Bitcoin and Bitcoin Cash. Then simply launch any game you want in “Real Play” mode to start a session of real money slot gaming—using Bitcoin.
How to Withdraw with Bitcoin
With just a 15-minute wait time after your withdrawal is approved, Bitcoin is by far the fastest way to withdraw your bankroll at Slots Casino. As you follow the prompts to withdraw, you’ll be asked for your wallet’s digital address; to find this, simply hit the “Request/Receive” button in your crypto wallet, and an address code will be generated. Pop that into your Slots account when withdrawing and once the withdrawal is approved, the funds are sent over to your wallet in lightning speed.
Once they’re in your wallet, you can either convert your Bitcoin to a fiat currency at the exchange, or for the adventurous, hunt down a near-by list of Bitcoin cashing machines, which are like ATMs for cryptocurrencies. Some people also like to hold on to Bitcoin for investment purposes. Whatever you choose to do with your Bitcoin, we hope to be able to help support you in this exciting new venture. Our friendly customer service team is available 24/7 to answer any Bitcoin-related questions.