Bitcoin Gambling Guide
BetChain is one of the most popular Bitcoin and crypto casino platforms on the market. Players from all over the world sign-up with us to get the best bonuses and promotions for their crypto’s worth. With twenty-plus (20+) deposit and withdrawal options, players get a 225% bonus and 225 free spins welcome bonus with us, among other benefits of course! To understand Bitcoin gambling and how you can benefit, read along to learn more.
Why should you gamble with Bitcoin?
Lower Fees
Bank charges on your credit/debit card can be quite costly. Bitcoin gambling allows players to avoid additional fees from third-party payment processors to keep transaction fees at a minimum. BetChain allows players to deposit down to a minimum of 0.0002 BTC and withdraw up to 10 BTC; courtesy of lower transaction fees.
Provider’s Fair
We use blockchain technology to create a better casino experience. While fiat-based casinos program their platforms to rig games, blockchain technology utilizes a ‘Provider’s Fair’ algorithm to dictate the fairness of games. Therefore, your wins and losses are based purely on your talent.
Fast Transactions
Imagine you’re playing a game for free, and you figure out a winning pattern. Afterward, you go to payments to deposit your money to play. However, due to third-party payment methods, your money takes more than 10 minutes to reflect, and while you wait, the algorithm changes, resulting in losses when you finally play. Bitcoin gambling avoids these situations by utilizing payment methods with instant transactions. This way, players can transact within seconds and start playing games immediately.
Higher Security and Privacy
BetChain uses the safest encryptions and secure servers to protect players from third-party access to information and monies. We work with crypto wallets that utilize blockchain technology to limit intermediaries from interfering with a player’s funds to make transactions or sell personal information. Thus, players get to track and transact their Bitcoins safely.
Anonymity
For the public to know how many Bitcoins you own and what you do with your coins, you would have to disclose that information on your own. With Bitcoin gambling, you have the privilege of remaining anonymous and keeping your activity private from the public.
How to deposit with Bitcoin
Fiat currency to Bitcoin
At BetChain, we ensure that we partner with world-class software engineers to create an unmatched user experience. Thus, depositing Bitcoin has now been made easy. All you have to do is:
- Create an account to verify your identity
- Choose Bitcoin as your deposit method
- Add your desired amount
And you’ll have an active BTC account. It’s as easy as 1,2,3.
Send from a Bitcoin wallet to BetChain
Your preferred wallet is always welcome on our platform. Easily, you can copy your private BetChain depositing address and paste it on your Bitcoin wallet’s “send” page or scan our QR code. Thereafter, choose your deposit amount, and it will reflect as soon as you hit “send”.
For more indepth information read our guides to the best Bitcoin wallets for gambling and depositing Bitcoin at an online casino.
Buying Bitcoin
Buying Bitcoin with your credit card has never been easier. BetChain has partnered with Oobit to bring you closer to your crypto wallet. With the following four (4) steps, you can now create your crypto wallet in five (5) minutes:
- Create an Oobit account
- Verify your account
- Buy Bitcoin with your credit or debit account
- Send your Bitcoin to Betchain and start playing games
Play games with Bitcoin
After you’ve set up your Bitcoin wallet and made a deposit, BetChain gives you exclusive access to jackpot games, slots, roulette, card games, power games, live dealers, and tournaments to cash out major wins. When you make your first deposit, we give you a 100% Bonus of up to 1 BTC and 200 Free Spins. Other promotions include 10% cash back on Tuesdays, High Roller Reload Bonuses, 25% reload Wednesdays, /4000 Free Spins prize pools, and more.
Withdraw funds
Finally, when you’re ready to withdraw your win of up to 10 Bitcoins, it’s time to use your crypto in transactions outside the platform. The withdrawal process is just as easy as your deposit process. We pay attention to detail and thus use encryption and secure server technology to help track your wins and ensure that your crypto is transferred to your wallet safely. While we do all the work, your job is to follow these five (5) simple steps:
- Go to “Payments”
- Choose your currency
- Go to “Cashout”
- Choose your bank or crypto wallet
- And withdraw to receive your cash out
