BITCOIN QUICKSTART GUIDE
BITCOIN! NOW EASY AS 1, 2 3!
WHAT IS BITCOIN?
Bitcoin is a cryptocurrency - a form of electronic cash. It’s a decentralized digital currency without a central bank or any single administrator. It can be sent from user to user on a peer-to-peer network without the need for intermediaries, which also means minimal transactional fees.
WHY USE BITCOIN?
- It's so much lower, we'll say it again - minimal transactional fees! No more hefty banking fees going to waste! For your deposits AND winnings – Your money remains YOUR money!
- No more rejections! If you have experience with online slots, you know deposit rejections can be a pain… With Bitcoin, rejections become a thing of the past. You are guaranteed a successful purchase! Every time!
- Faster payouts! Up to 5 days FASTER processing times compared to regular methods like Wire transfer and even direct card payments.
- Privacy and anonymity! Tired of your bank asking questions about your personal entertainment transactions? Using Bitcoin gives you the privacy you deserve! Remember; Bitcoin is a decentralized digital currency without a central bank or any administrators – transactions are not traceable due to the highly encrypted nature of Bitcoin. You will have a new, randomly generated "account number" for every transaction.
- Better deals! Get up to 50% more in bonuses simply by using Bitcoin to deposit! There are also regular Bitcoin ONLY deals popping up from time to time, keep an eye on your inbox for those.
- Faster depositing – Once set up, Bitcoin is a much more convenient way to deposit – Simply scan a code in the casino cashier using your phone and you're done! No more fiddling with card numbers!
Want to get spinning with BITCOIN?
There's a little set-up before you're up and running, but we've put together a quick 3 step guide for you to follow. With this once-off, QUICK-START guide, future purchases will be just one lightning fast and convenient step!
We're available 24/7 to assist, so just pop us a message if you get stuck anywhere along the way, via any of our contact channels below.
STEP 1: YOUR DIGITAL "WALLET".
Your Bitcoin wallet is equivalent to a bank account. It allows you to buy and send Bitcoin.
If you already have a wallet you like and works well for you, skip to step 3. If not, read on...
Our recommended wallet is Coinbase for the following reasons:
- An average review rating of over 4.5 stars from almost 1 million users.
- The world's largest cryptocurrency exchange.
- Over 25 million registered users.
- A very user-friendly interface.
- Easy app and web access.
Coinbase lets you buy Bitcoins instantly with a credit or debit card. Here are step-by-step instructions to help make the buying process easier for you.
1.2) SIGN-UP FOR A FREE COINBASE ACCOUNT
Open up the Coinbase app, select "Sign Up", then follow the prompts to setup your free account - it’s really quick!
1.3) COMPLETE YOUR ACCOUNT VERIFICATION
In order to start trading, just like any other account involving financial transacting - for your data and personal information protection, you will be required to complete an account verification by submitting proof of identity – This is done digitally through the app – again, very quick, simply follow the app prompts!
STEP 2: BUY SOME BITCOIN!
2.1) ADD YOUR BITCOIN PAYMENT METHOD
- Navigate to the "Settings" area of the app, which should be accessible from the bottom right.
- Then click "Payment Methods".
- Click on "Add Payment Method".
- Select "Credit/Debit Card" - ***Note that Coinbase only accepts Visa and Mastercard credit/debit cards at this time. (To avoid delays, only use a debit/credit card).
- Enter your Credit/Debit Card Information - Just as you would when purchasing on Amazon, for example.
- Then "Confirm".
2.2) ADD YOUR BITCOIN PAYMENT METHOD
- Go to the BUY page and you should see a widget that, again, looks like a regular online purchase form.
- Ensure Bitcoin is selected as the currency.
- Enter the amount you want to buy, and click "Buy Bitcoin Instantly".
- Your coins will then instantly be delivered to your Coinbase wallet - Congratulations!
STEP 3: DEPOSIT TO YOUR CASINO ACCOUNT USING YOUR BITCOIN
3.1) IN YOUR CASINO ACCOUNT:
- In the casino cashier, select the Bitcoin option and enter the amount you wish to play with.
- You will then be given a "Bitcoin address/QR code" that is valid for 15 minutes. You will need to scan this address into your Bitcoin wallet to complete the transaction.
Note: NEVER pay to the same address twice! - It changes for every transaction.
3.2) IN YOUR COINBASE APP:
- Select Bitcoin in the Coinbase app then tap the "Send" icon from the top right (looks like a small paper airplane).
- In the Coinbase app, enter the EXACT SAME amount you entered in the casino cashier.
- Then tap the small QR barcode to the right of the "To:" field.
- Scan the square QR barcode displayed in the casino cashier.
AND YOU'RE DONE!
Your transaction will show as pending on your Coinbase app for a few minutes, but can take a little longer during busy trading hours – Please contact us if your deposit hasn't hit your account in +/-15 minutes.
Once your transaction is accepted in your Coinbase app, you will receive a confirmation email and your casino account will automatically be credited.
And that's it! You've just made your first Bitcoin deposit! Future deposits will be much faster – Simply start at step 3, or step 2 if you're low on Bitcoin to deposit with.
*** IMPORTANT INFO ***
Bitcoin transfers can be a bit sporadic. Every transaction needs to be recorded and affirmed in the "Blockchain" –this is effectively a ledger for Bitcoin (Due to it being a decentralized, digital currency). This affirmation can take time, especially during busy trading hours.
To ensure that transactions are processed in a timely manner on the Bitcoin network, transactions typically incur a "mining" or "network" fee.
This fee is paid to digital currency miners, which are the systems that process the transactions and secure the respective network. Coinbase incurs and pays these fees directly to minimize the hassle for us, the users.
Accordingly, Coinbase will charge you a fee based on the estimate of the network transaction fees that they anticipate paying for each transaction. This fee is much lower than general banking fees at approximately $0.40 - $0.99 per transaction, regardless if the transaction is international or not.
In certain circumstances, the fee that Coinbase pays may differ from that estimate. All fees you are charged will be disclosed at the time of your transaction.
This step effectively speeds up your transactions. Research shows, that when this fee is paid, delays of any kind become almost impossible to see, and these transactions get VIP service.