The Perks of Bitcoin at Slots Casino

A new form of currency has arrived, and it’s paving the way for the best experience yet at Slots.lv Casino. Operating on a peer-to-peer network, bitcoin was designed for the people instead of banks and governments, making it the ideal commodity for people looking to get the most bang for their buck. Not only does bitcoin facilitate cheaper transactions, it simplifies the process too. Funds can be sent between parties as quick and easy as you’d send an email—once your account is set up.  

Even if this is the very first time you’re hearing about bitcoin, it’s perfectly possible to get up and running with it at Slots.lv Casino as quick as today. We’ll guide you through every step of the way, so that you can start to take advantage of the many perks that come with using bitcoin to fund your bankroll. 

Bitcoin Deposits are Always Delightful

Credit card deposits can be challenging at online casinos because issuers can place restrictions on how the card can be used. Oftentimes, the result is failed deposits and frustration. With bitcoin, however, there are no such restrictions, and this flexibility makes for a truly delightful deposit experience. For 100% guaranteed deposits, you’ll need to take the first step to depositing with bitcoin and download a digital wallet onto your smartphone. Several options exist free of charge for both iOS and Android. 

With a digital wallet downloaded onto your device, the next step is to create an account on an exchange server, which is where you can buy the currency. You’ll quickly become quite familiar with the format of the exchange server since this is where you’ll go to convert bitcoin to USD when you want cash-in-hand. 

Upon purchase at the exchange, you’ll be asked where you want to send your newly-acquired bitcoin; simply provide your digital wallet address to have the funds sent to the app on your phone. At this point, you’re ready to deposit with bitcoin at Slots.lv Casino. Out of the several deposit options, select “Bitcoin Deposit,” and an address will be generated that you can scan or copy and paste into your digital wallet. You’ll notice that the minimum and maximum deposit limits have a greater range with bitcoin—this is one of the many perks that come with switching over to bitcoin for your deposits.

Bitcoin Fees are a Fairy Tale

Anyone who’s been charged unexpected fees by their credit card company will be pleased to know that the fees that come with bitcoin are a fairy tale in comparison. Credit card fees are swift and heavy, as they go towards supporting a banking institution, while bitcoin fees are a nominal compensation for the bitcoin miner who encrypts the transaction on the public ledger (also known as the block chain). The miner also gets compensated with bitcoin. 

Bitcoin Bonuses are Always Bright

Many of our bonuses come in two flavors: standard and bitcoin. If you have the choice, go for the bitcoin promotions because they always give out better match bonuses with bigger caps on how much free money you can claim from them. Let’s use our welcome bonus as an example.

Standard Welcome Bonus

First Deposit: 200% Match Bonus Up to $1,000 

Following Eight Deposits: 100% Match Bonus Up to $500 Each

First-Time Bitcoin Casino Bonus

First Deposit: 300% Match Bonus Up to $1,500 

Following Eight Deposits: 150% Match Bonus Up to $750 Each

Crunch the numbers and you’ll see that the bitcoin casino bonus offers a maximum of $7,500 in bonus cash, whereas the standard welcome bonus offers a maximum of $5,000. With the size difference between match bonuses, you’ll accumulate bonus funds faster and with less upfront capital when you choose to deposit with bitcoin instead of a credit card. 

Another comparison between bonuses exists with our Weekly Double-Up, which typically offers 100% match bonuses for up to $100 throughout the week—unlimited redemptions. When you make these deposits with bitcoin, however, that match bonus doubles to 200%, and the cap increases to $500 for each redemption.

Bitcoin Deposits are Secure

Bitcoin was developed in a way to ensure a high level of security with every transaction. The digital wallet used to hold bitcoin is downloaded right onto your smartphone as opposed to a server, making it impossible to hack. An additional password will be required to get into the wallet that is downloaded onto your phone. 

All transactions on the bitcoin network are encrypted onto a public ledger (called the blockchain) once the transaction is verified by both parties, and the ledger is permanent, so there’s no possibility of theft. No personal information is posted on the ledger either. In order to protect the privacy of bitcoin users, the only identifiable features on the ledger are the cryptocurrency addresses and a digital signature that only the buyer would recognize. 

The Casino Games are Endless

Everything on our website can be played for real money payouts when you bet with bitcoin. Online casino games come in endless varieties; not only do we have hundreds of slots, including 5-reel, 3-reel and jackpot slots, we also have table games, video poker and specialty games, and certain bitcoin casino games can be played in the Live Dealer section of our casino. Our casino tournaments are also open to bitcoin players.

Withdrawals are Free and Fast

How quickly and easily you can get your bankroll converted into real cash is a top priority for most casino players. After all, no one likes to have to wait weeks to get paid after hitting a big juicy jackpot playing slots. But until bitcoin came around, the only withdrawal options were check by courier, bank wire and credit card, and none of these options could get you paid on the same day that your withdrawal is authorized. 

Bitcoin makes it possible to get payouts within 15 minutes once the withdrawal is approved. The funds appear in your digital wallet, at which point, you can convert them to USD or CAD through an exchange, or keep them in their cryptocurrency form. It’s much faster than waiting four to seven business days to have a check delivered to your home, or five to 10 business days for a bank wire to appear. 

Payment frequency and cost are another aspect of online casino gaming that people want to know about. All of our withdrawal methods are free on our end to use once per payment cycle, and requesting additional withdrawals within a payment cycle has a fee. For instance, a check by courier can be requested once every seven days free of charge. Bitcoin breaks down these restrictions, as you can you get paid as often as you want with no charge from us.

Bitcoin is making strides in the casino gaming world, as the flexibility that comes with cryptocurrency improves many parts of the overall gaming experience. If you’re interested in learning more about how you can benefit from using bitcoin, we have a Bitcoin Help page that covers topics like deposits, withdrawals, limits and fees, as well as a Video Library that will take you step by step through the process of getting started with bitcoin. Enjoy the perks that come with switching over to the most popular e-currency out there.