Cryptocurrency payments across highly encrypted blockchain networks are now considered cheaper, safer, and more convenient than traditional online payment methods using fiat currencies.
Legitimate cryptocurrencies like Bitcoin (BTC), Litecoin (LTC), Ripple (XRP), Tether (USDT), Ethereum (RTH), and DogeCoin (DOGE) are now more widely accepted than ever as a viable payment solution at hundreds of thousands of eCommerce websites AND iGaming sites.
If you want to know how to use crypto at online casinos and sports betting sites, you’ve come to the right place. Here is a simple step-by-step guide.
Is it Safe to Deposit with Cryptocurrency?
Yes. Depositing with cryptocurrency is extremely safe, which is why so many online casino players today choose this method to top up their accounts.
The process for depositing with cryptocurrency at today’s most trusted iGaming sites so you can play the popular Bitcoin Dice Game and thousands of other regular (computer-generated), live dealer, and provably fair online casino games is relatively straightforward.
However, if you wish to deposit with crypto but don’t yet have any, you’ll need to find yourself a safe and reliable crypto trading platform and invest in either a well-established crypto or a much newer one.
Before signing up anywhere, always check to see that the crypto casino you are about to join does, in fact, accept your preferred cryptocurrency. You don’t want to sign up to a crypto-accepting casino site only to find out they don’t accept your preferred cryptocurrency.
What’s the Process for Depositing with Cryptocurrency at Online Casinos?
Here is a simple step-by-step for depositing with crypto at an online casino:
- Register a new account with a fully licensed and regulated crypto-accepting iGaming site, such as the globally renowned MegaDice Casino. You can find secure links to this top-rated crypto casino by clicking or tapping the highlighted Bitcoin Dice Game link above.
- When logged into your MegaDice casino account, go to the cashier/banking section, select crypto to deposit, and then choose your preferred crypto.
- If you have a bonus code, you may need to enter it at this point to ensure you don’t miss out on your bonus offer.
- You may now see a QR code and deposit address depending on which device you are using (desktop computer, laptop, smartphone, or tablet), at which point you will need to open your crypto digital wallet.
- You can now either copy the deposit address and simply paste it into the correct area of your crypto’s digital wallet or scan the QR code.
- All that’s left to do now is enter the amount of crypto you want to send to your online casino account and then confirm the amount to complete the transaction.
- The funds should be sent instantly from your crypto balance to your casino account, meaning you can now start playing your favourite games in the real money mode.
If you run into difficulties at any point during the deposit process, the best thing to do would be to get in touch with your casino’s player support by toll-free telephone, email, or live chat and see if they can help.
However, the process is relatively easy, and once you have done it for the first time, future deposits should be even easier. Withdrawals are just as simple, but kind of in reverse.
Final Thoughts
Gamble responsibly by remembering to set a reasonable budget before depositing any cryptocurrency into your online casino account, and then try to remember some of these important tips to ensure you don’t spend more than you initially budgeted for.
Gambling responsibly means never playing at crypto casinos while tired or under the influence, taking frequent session breaks, setting win/loss/deposit limits and session time reminders, where possible, and never chasing your losses by placing big wagers.
Simply log out of your account and try again another day when you feel as though you are in a more positive frame of mind.
