Digital currency is red hot. People are using it every day, with Bitcoin easily ranking No. 1 as the most popular digital coin in the world. Not only that, Bitcoin also overtook the Swiss Franc as the world’s 13th biggest currency last month.  Cryptocurrency isn’t just a pipe dream – it’s happening right now.

The first time you bet with Bitcoin (BTC), it feels like you’re crossing over to the red carpet; wait times are reduced, your deposits are guaranteed, and the amount of bonus cash you can earn will make you wonder how you ever lived without it. Best of all, you don’t have to be a tech whiz to get into Bitcoin gambling at Slots.lv. This guide will show you how anyone with a smartphone (or tablet, or desktop computer) can play with Bitcoin. We’ll take you through the simple set-up process, making sure you’re equipped with all the tools you need to deposit and play at Slots.lv using cryptocurrency.

Bitcoin 101

First up, a quick primer for those not yet familiar with Bitcoin. Digital currencies have been around for about 30 years; Bitcoin, invented in 2008 and launched the following year, was the first to achieve widespread use. It’s a decentralized currency, meaning there are no governments or banks involved. Bitcoin is minted digitally by people called “miners,” and all of the accounting takes place on a public ledger known as a “blockchain.” This makes your Bitcoin casino transactions both fast and secure while also protecting your identity – and you don’t have to worry anymore about your gambling deposits getting blocked by third parties.

Want to know more? Watch our Bitcoin video series and you’ll be depositing with Bitcoin at Slots.lv in just a few easy steps!

How to Create Your Own Bitcoin Casino Accounts

The easiest way to join the Bitcoin revolution is to buy Bitcoin using a “fiat” currency like US dollars. To do this, you’ll need three things: a bank account, an account at a cryptocurrency exchange, and a digital wallet. You’ll be moving funds from your bank to the exchange, where you’ll convert those funds to Bitcoin (or any other accepted “crypto”). Then you’ll use your digital wallet to deposit those funds into your Slots.lv account.

Downloading a Bitcoin exchange app that doubles as a personal wallet lets you hit two birds with one stone. We recommend downloading one or more of these apps onto your phone, so you can use the QR code technology to make your transactions even smoother. Coinbase is an example of a Bitcoin wallet used to play slots in North America. Be prepared to go through an identification process with your chosen exchange, as your identity needs to be confirmed before you can make transactions. 

How to Buy Bitcoin

The Bitcoin exchange is where all the buying and selling happens. All you need to do when you need some Bitcoin is hit the “Buy” button and follow the prompts to purchase any cryptocurrency you want with a few quick clicks. The funds will be transferred from your bank account to the exchange and converted into the digital coin of your choice, with a small fee charged for the service.

Upon the purchase of your Bitcoin, you’ll want to direct those funds to your digital wallet as soon as possible – unless your exchange also doubles as a wallet, as mentioned earlier. This will provide you with an extra layer of security; there’s no need to leave your funds with a third party when they’re not in use. See our Video Library for further details and a visual guide on how to buy Bitcoin and other cryptocurrencies.

How to Deposit with Bitcoin at Slots.lv

Once your Bitcoin has been loaded into your digital wallet, you’re free to use it for deposits at Slots.lv! If you haven’t already, open your free account at Slots.lv by filling out our simple one-page form. You’ll be able to make your first deposit once you’re authorized.

To make that deposit, you’ll need the Bitcoin address (or “key”) for your Slots account. Retrieve that key by following the prompts at Slots.lv to Deposit with Bitcoin – or Bitcoin Cash, or any of the other digital coins we accept. That list is growing longer all the time, so be sure to select the option for your cryptocurrency of choice.

Don’t forget to claim your Bitcoin Welcome Bonus when you make your initial deposit at Slots.lv! We’ll match that deposit by 300%, for up to $1,500 in free bonus cash; then, for each of your next eight deposits, we’ll match those amounts by 150% for up to $750. Add it all up, and you can earn $7,500 just from Bitcoin at Slots.

Even if you already have your Slots.lv account, you can still get your hands on some of that sweet Bitcoin bonus cash. Our standard Daily Double-Up offer gives you a 100% match on your deposit for up to $100 every day, but if you use Bitcoin, we’ll bump that match bonus up to 150%, raise the limit to $500, and let you claim it twice per day instead of just once—now that’s service.

Finally, if you have some friends who enjoy playing online slots, you can earn even more bonus money through our Refer and Earn program. For each of your buddies who signs up at Slots.lv and makes their first deposit, we’ll give you a 100% match for up to $200, plus an extra $25 if they use Bitcoin – and there’s no limit to how many times you can claim this bonus. Find out more by checking out our Bitcoin Bonuses page, then get on the crypto train and start your Bitcoin gambling journey today.

Bitcoin Casino FAQ

Q: How much can you purchase at a Bitcoin Exchange?

A: Some exchanges offer up to $25K daily in purchase limits, and some offer less, so you should read the fine print at their websites before you sign up.

Q: Which cryptocurrencies does Slots.lv accept?

A: At press time, our list of accepted digital coins includes Bitcoin, Bitcoin Cash, Bitcoin SV, Ethereum, and Litecoin.

Q: Where can I find out more about Bitcoin?

A: Our comprehensive Bitcoin FAQ page will give you all the details you need to get started.