Bitcoin casinos are making waves in the world today but many players remain confused as to how to make deposits and withdraw winnings with Bitcoin. Most online casino players know that paying with Bitcoin means bypassing banking transactions while remaining anonymous, but few know how to make a deposit with Bitcoin.
Bitcoin was first introduced to the online casino world in 2012, and although it has taken a few years to really catch on, nowadays Bitcoin casinos are popping up everywhere. As a new Bitcoin user, you won’t have to worry too much about the technical details of the payment methods, you can start using Bitcoin without really understanding much about digital currency. Think of it this way, making your deposit with Bitcoin is as simple as shopping online, but with digital currency.
How To Deposit Using Bitcoin Payment Methods
How To Withdraw Bitcoin
Withdrawing your Bitcoin is very simple. Click on the banking interface and select the Bitcoin withdrawal button. You can now select the amount you wish to withdraw and this amount will then be sent back to your Bitcoin Wallet account.
Bitcoin vs NZD Casinos
Bitcoin casinos are no different from any other online casino, you’ll still find all the traditional casino games such as the pokies, Roulette, Blackjack, Baccarat, Poker and Texas Hold’Em. For New Zealanders, depositing and withdrawing with cryptocurrency is as simple as using real cash, why don’t you try it?
If you’re interested in using Bitcoin, have a look at our other interesting articles. We list Bitcoin casinos that offer players the chance to deposit and withdraw money in a variety of ways, including Bitcoin. One such casino is BitStarz, but there are many more listed on our Bitcoin Page.
Bitstarz Deposit With Bitcoin
Bitcoin casinos are making waves in the casino world today! But what is a Bitcoin casino? Simply put, the term Bitcoin casino refers to any online casino or sports betting agency that accepts Bitcoin, a form of electronic cash or cryptocurrency. This is digital currency within a central bank that can be sent from user to user on the peer-to-peer Bitcoin network.
During recent years, several large-scale Bitcoin casinos have surfaced to offer players a list of tailor-made casino games and services for gambling enthusiasts to transact in Bitcoin as opposed to fiat currency such as the New Zealand Dollar. BitStarz offers online gamers a unique approach, and players can deposit not only in normal currencies like Dollar and Euro but also cryptocurrency like Bitcoin.
Advantages of Using Bitcoin
The greatest advantage of using Bitcoin is that it is both digital money and an acceptable form of payment. Bitcoin goes one step further as it’s possible to operate without any middlemen like government officials or other intermediaries or regulators.
Bitcoin can be used to make online payments 24 hours a day seven days a week. It’s the most open financial system to date. You won’t need the banks to be open to making a transfer and even if there’s no banking system open, you can still pay in Bitcoin.
International money transfers made with Bitcoin are made faster and cheaper than a traditional banking service.
Bitcoin is the only asset ever-created that cannot be seized from you by force and that no one can stop you from conducting any transactions. With Bitcoin, you can easily access your money and open your Bitcoin Wallet via the internet without any verification or credit history. Spending your money is also much easier with Bitcoin, and although you can use the cryptocurrency in the same ways you spend traditional digital money, Bitcoin remains the most portable asset ever-created that can be transferred through satellites or even radio waves.