Bitcoin Gambling 101
Bitcoin Gambling 101
We are happy to announce that Casino Superlines has become a bitcoin casino. It means that our customers can deposit funds in bitcoins. Bitcoin gambling has grown in popularity and there are many clients that have requested this payment method.
There are many advantages to use bitcoins as a deposit method. Some of them are:
- It’s cheap
- Its’ fast
- It’s secure
- It’s anonymous
- It’s easy
If you’d like to make quick deposits and withdraws bitcoin is a great payment method. The transactions fees are very small and payments are done within hours rather than days for other payment methods. In addition, it’s safe to use bitcoins. The value of bitcoins is determined by supply and demand and there is no higher authority who can affect the price. You are in charge of your bitcoins, no government nor central bank has control the cryptocurrency. Many think that bitcoin are complicated and difficult to use. In this bitcoin casino guide we will show you in three simple steps just how easy it is to use bitcoins in gambling.
1. Get a bitcoin wallet
A bitcoin wallet is the place you store your bitcoins. There are several kinds of bitcoin wallet and they all have their pros and cons. If you intend to store a lot of bitcoins, it’s recommended to use a cold wallet. It means that you download your bitcoins and store them offline. If you however want easy access to use your wallet a mobile based wallet is a good choice. We recommend BreadWallet. You can easily download it from App Store or Google Play. It’s considered a good choice for its security features, user-friendly interface and that you can open an account anonymously. Which bitcoin wallet to select depends on your preferences. There is a vast selection of wallets to choose from on the market. Read more about it here.
2. Buy bitcoins
There are a few ways to get bitcoins. We recommend that you use a trusted and regulated bitcoin exchange. Here is a list of top rated exchanges.Our preferred choice is Coinbase.com. Coinbase is the biggest cryptocurrency exchange in the world. It’s fast and cheap to use. Coinbase is regulated which means that you need to verify who you are before you can buy or sell bitcoins. This procedure takes a little time, but it’s definitely worth the extra security it gives you and your money.
You can buy bitcoins via bank transfer or credit cards. Coinbase offers bitcoin wallets as well, but it’s highly recommended to separate the exchange and wallet. By separating the accounts, you increase security and anonymity to your bitcoins.
3. Transfer bitcoins to your wallet
When you transfer money to your bitcoin wallet you become anonymous. A bitcoin transaction can’t be reversed. It means that you should be careful when you transfer bitcoin. Always double check the address and amount. All you need to do to transfer bitcoin is:
- Copy the bitcoin address you want to send money to
- Click send
A transaction normally takes a few hours. Bitcoin transactions can be done any time of the day, any time of the year! You don’t need to wait for any bank’s opening hours. When you have bitcoin in your wallet you can do the first deposit in our bitcoin casino.
Advantages in gambling with bitcoins
Fast and cheap transactions are the main advantages bitcoin players enjoy. Instead of waiting for days for withdraws you can do unlimited withdraws daily. With bitcoins you’re in charge of your money and you decide how to use them.
If you make a deposit in Bitcoins you can get a bonus. Casino Superlines bitcoin bonus is 400% bonus up to €1000. Not many casinos can compete with a so valuable welcome bonus. We are excited to be a bitcoin casino. At Casino Superlines you can do deposit in BTC, your money will then be converted to Euros before you start playing. The benefit of that is that you can play any game in the casino. Good Luck!