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How to use the Bitcoin payment system?
Bitcoin, a cryptocurrency that was invented more than ten years ago, has undoubtedly ushered in a new era of online gaming. The use of an e-Wallet to deposit money into your game account and to withdraw profits has never been that simple or more convenient. Once you have deposited your bankroll, you can play your favorite games in any Bitcoin casino in the Australia.
So how easy is it? Learn how you can deposit money or pay something with Bitcoin in three simple steps.
1. Choose your Bitcoin portfolio
Before you can use Bitcoin to make a payment, you must first choose a portfolio in which you want to keep your digital currency. This will be your Bitcoin bank account, where you can store, send and receive money. There are countless free cryptocurrency portfolios available on the internet and they all work well on both desktop and mobile devices. Simply create an account with your personal details and you are ready to go.
2. Buy some bitcoin
After you have set your portfolio, it's time to buy some bitcoins. You can do this by using one of the many cryptocurrency exchange services. Do your homework and find the best bitcoin price that is available at that time.
You can buy bitcoins with a credit card or a bank account. Easily enter your Bitcoin portion address at the exchange service and the transaction will be completed within a few minutes.
3. You can now pay with Bitcoin
If an online casino bitcoin accepts, you can easily copy their Bitcoin address and paste it in a designated field on your digital portfolio website of your choice. Enter the correct number of bitcoins in the payment box and press the "Send" button. Make sure you always enter the exact amount that is displayed in the payment window. The transaction only takes a few seconds to complete.
How do you choose a reliable Bitcoin Casino?
Taking into account the fact that Bitcoin payments are irreversible, it is a good idea to always think twice before you make a deposit. Always do your research and make sure that the casino where you play has a license from a trusted gambling committee.
License
License is something you always have to look for, even in an ordinary online casino. A licensed casino will always have a page where this is clearly visible. Investing a few minutes to do a quality control of a casino can save you a lot of effort and money.
This applies in particular to Bitcoin casinos. The blockchain technology makes fast payments possible-but the payments are also irreversible. This is why casinos that use Bitcoin are more often fraudulent than "normal" or Fiat currency casinos. And if a casino has a license, you can deposit your bitcoin with confidence.
Fast payments
Naturally, the speed with which the payments are processed plays a major role in determining the quality of the casino. Most renowned casinos do their best to make deposits and recordings as quickly and easily as possible.
Deposits usually happen immediately. The recordings, on the other hand, can last up to a few days, depending on the payment method.
Keep in mind that although Bitcoin transfers take place immediately, there may be other factors that influence the speed of payment processing. For example, there may be delays in the blockchain so that your payment can take a few hours. Another factor to consider is how long it takes before the casino processes the recording request and carries out the transfer of money.
Variety of games
No pleasure without variety, right? Good casinos strive to offer something for everyone. Poker players, roulette enthusiasts, slot machine addicts, everyone should find something to enjoy. It doesn't matter what your favorite game is, or whatever mood you are, everyone thinks it's great to have enough options to choose from. A good variety of games with many different slots, poker variations and other exciting table games is a different sign of a good casino.
Customer service
Good customer service is essential for every successful company. Online casinos are no different. Having access to live, 24/7 support is absolutely crucial during online gambling. Wherever you need help, a good casino will not disappoint you.
Imagine that your Bitcoin deposit does not take place, or that the game does not work properly. Customer service must always be available to offer a solution. So keep an eye on the quality of customer service when choosing a casino.
Mobile
In 2022, most of us gamble on our mobile phones. Because we are all used to the convenience of our smartphones, it makes sense that we use other devices, such as laptops, less and less. So, an option to play on your mobile phone is a huge advantage for every online casino.
Look around the casino website to find out if they have an official app. If not, you can always play via your mobile browser. All renowned casinos are optimized for mobile phones, so this should not be a problem.
Choice of players
As we said at the start of this part, don't forget to do your research. Before you start playing in a casino, you must quickly search the internet for their name. In just a minute you can form a fairly clear picture of this casino by simply searching it on Google.
Another good idea is to look for recommendations from players, or even to ask player experiences on a forum. Casinos that are popular among players are always your best choice.
Where to buy bitcoin?
There are countless ways in which you can buy or sell Bitcoins online. But for convenience we have listed some of the most popular websites for exchanging Bitcoin.
- Coinbase is the world's largest Bitcoin broker. This service has a user -friendly interface, low costs and an excellent reputation. Coinbase offers a wide range of products, including investing in cryptocurrency, an advanced trading platform, storage accounts for institutions, a portfolio for private investors and its own stable currency in US dollar. In addition to Bitcoin, Coinbase is a safe platform for buying, selling and storing other cryptocurrencies, making it especially attractive for online casino players from Ethereum.
- Coinmama is a leading cryptocurrency broker who offers fast and reliable service. Bitcoins are delivered immediately after your purchase has been confirmed and their customer service is excellent. Coinmama is known for its variety of payment options, including the possibility of buying cryptocurrencies with Visa or Mastercard credit cards.
- LocalBitcoins is a peer-to-peer bitcoin marketplace where you can buy and sell Bitcoin. That means that it is a platform with which users can get in touch with others to buy and sell bitcoins all over the world in a safe environment for everyone. Within the platform you can place a purchase or sale announcement with the exact amount and the payment methods that you accept, or you can find an advertisement that suits you, so that you always have the option to exchange. There are many sellers on the site that accept different payment methods, including credit cards.
Playing anonymously at a Bitcoin Casino
How you can stay anonymous while gambling in a Bitcoin Casino 2022 is an important question. One of the benefits of gambling with crypto is that you can always count on your privacy and anonymity, which was not possible until recently. So how do you stay anonymous?
- Do not provide personal information to Bitcoin exchange services. This includes the Bitcoin online casinos and the Bitcoin portfolio websites. In this way there is no link between your money and your identity.
- Only play with reliable and trusted Bitcoin casinos. This is because the prominent online casinos ensure privacy while playing. You normally only need an e-mail address to register, so we recommend that you create a special e-mail address for your account.
- Use a different Bitcoin wallet address for each transfer. You can easily do this at any time and as often as you want, via your Bitcoin wallet. This ensures that there is no pattern in your transfers, which benefits safety.
Advantages of gambling with Bitcoin
So what are some advantages of playing with Bitcoin? A lot! Without further delay, let's explain them in more detail.
- Safety. The first and possibly most important advantage of Bitcoin is the increased safety obtained through the use of the cryptocurrency. The blockchain technology offers the possibility to remain completely anonymous, while you can still follow your crypto transfer on the blockchain website.
- Speed. The use of a Bitcoin casino also offers you the possibility to receive and deposit your money much faster than other payment options. Bitcoin transfers are usually processed immediately, but depending on the status of the blockchain this can take up to a few hours. That is at least a lot faster than other payment options for Fiat currency.
- No costs. Bitcoin payments can also be made without any form of transfer rates or reimbursements. The only attached reimbursement is a very small part of the amount, usually no more than 30-40 cents. These costs serve as a reward for cryptocurrency miners and ensure a faster transfer.
- Anonymity. Another handy function that makes Bitcoin possible for online gambling is the possibility to play anonymously. Bitcoin in itself is anonymous, so the only information that a casino has is the information that you voluntarily provide.
- Great customer support. The other function that most casinos often distinguishes from that with cryptocurrency is the available customer support.
Disadvantages of gambling with Bitcoin
There are of course some disadvantages to best Bitcoin Casino Australia. To be sure that you have all the facts, we have made a list of the things you should take into account while gambling with Bitcoin.
- Fluctuations. The first big difference between ordinary currencies and BTC that you might notice is how it fluctuates. This is perhaps exciting for investors, but it also entails a risk. Your profits can be worth much less in a month, but on the other hand they can be worth more! In a sense, Bitcoin is a gamble in itself.
- Taxes. When you record your profits, you may still have to pay taxes on it. This depends on where you live and happen because Bitcoin, like any other currency, has value. Your crypto assets are still assets and are specially regulated in some countries.
- No refund. It must also be known that Bitcoin transfers cannot be reversed. The only way to get a reimbursement would be by communicating directly with BTC online casinos. So only use Bitcoin at casinos that you trust.
Types of Bitcoin portfolios
A Bitcoin wallet is a hardware or software device that can communicate with the Bitcoin blockchain.
Each bitcoin wallet contains a set of keys-a public key and a secret or private key. The secret key is used to sign Bitcoin transactions, giving the user control over the bitcoins stored at that address. If an attacker obtains the private keys from a wallet, they can transfer the bitcoins to their own wallet at that address.
There are different types of Bitcoin wallets that you can use, such as software, hardware or web-based wallets.
Desktop portfolios- desktop portfolios are software portfolios that are installed on a desktop or laptop computer and give the user full control over the wallet. Some desktop wallets also support bitcoin exchange.
Mobile portfolios - mobile portfolios work in the same way as desktop portfolios, but on a smartphone or other mobile device. Many mobile wallets make fast payments in physical stores possible via Near Field Communication (NFC) or scanning QR codes.
Mobile wallets are usually compatible with iOS or Android. There have been countless reports of malware that occurs as Bitcoin portfolios, so do your homework before you decide which you want to use.
Web portfolios - A web wallet is an online service that can send and save cryptocurrency on your behalf. The most important advantage of web portfolios is that they are accessible everywhere and from any device, just as easy as checking your e-mail.
Hardware portfolios-Because private keys are stored on a physical device that cannot connect to the internet, hardware portfolios are by far the safest type of Bitcoin wallet. These devices are similar to USB drives. When a user wants to do a Bitcoin transaction on his computer, he places the hardware wallet, which can sign transactions without jeopardizing the user's private keys.
Play with Bitcoin in online casinos
Bitcoin gambling has become very popular lately and the reasons for that are obvious. Convenience, speed, anonymity and safety are some of the benefits we mentioned, but there is so much more involved.
For example, gambling with crypto currency offers more control, because with this you can use very small amounts of money in every bet. If you use smaller, it is not only safer, but it still produces large amounts if you win.
In the Australia there are a number of casinos that make Bitcoin gambling possible.
How to make a deposit with Bitcoin?
Okay, now that you have your Bitcoin wallet and address and have bought some bitcoins, you are ready to deposit and start playing.
All you have to do is go to the deposit page of it casinos AUD online to go and select the Bitcoin option. The casino will give you detailed instructions on how you can make your deposit.
Normally you simply enter the number of Bitcoin that you want to deposit and click OK. You usually get a special Bitcoin address where you can deposit Bitcoin from your wallet. Note this amount, because you have to deposit the exact amount that is displayed on the website to have the transaction approved. You should have your money on the site within a few minutes after the transaction has been approved.
Bitcoin Casino recordings
You have won some money, great! Let us explain the process of recording your bitcoins.
- Go to the checkout of your Bitcoin Online Casino and search for the recording options. Select BTC as your way of recording.
- Enter the details of your recording. This includes the address of your Bitcoin wallet and the amount you want to record.
- Wait until the transaction is processed and completed. This process is usually completed within a few seconds, so you can immediately start planning how you will spend your profit. If you choose to save your profit in your cryptowallet, keep in mind that its value can fluctuate over time.
Mobile gambling with Bitcoin
Mobile gambling is just online gambling, but better. You can play all your favorite casino games with Bitcoin on your smartphone or tablet. Every popular casino allows mobile playing, and some even have their own app. Playing on your mobile or tablet offers even more comfort because you can absolutely play everywhere. All you need is an internet connection and some extra bitcoins.
Bitcoin Casino Games
Online casinos in the Australia enable players to play all types of casino games, without limitations. There are so many different casino games at your disposal. Australian online bitcoin casinos really offer something for everyone.
Slots
The most popular type of casino games for most players are undoubtedly the slot machines. They were always popular, even before the online casinos existed.
Slots are easy to play, fun and full of bonus games, respins, game and scatter symbols that can increase your winnings to crazy amounts.
Slot machines come in different variations. The classic lock with 3 rolls is the oldest version of this famous game. But there are also slots with 5 rolls and even slots with 100 paylines.
One of the most interesting and popular slots is the lock with a progressive jackpot. It works in such a way that it is connected to many other slot machines and the jackpot amount is added when someone turns. The winner of the Jackpot receives the entire amount.
Roulette
One of the most popular casino games ever, and the most exciting table game, is of course roulette. They call it the queen of casino games, and it is really exciting and fun.
Roulette is played by placing a bet on a certain field on the table. The table consists of the numbers 0 to 36, red and black fields, high or low fields, and so on. A wheel is turned and a ball is placed on the wheel. To win, the ball must fall on the number you have chosen or meet requirements, such as a high or a low number, a red or a black number, for example.
This wildly popular game dates from the 18th century and has different variations. The American roulette has 2 zero fields: a single zero and a double zero. The European roulette is the classic one with only one zero. Finally, there is French roulette - a kind of roulette that is played on the European wheel, with slightly different rules.
Since the invention, mathematicians have tried to discover the best strategy around the world to play and win at Roulette. The most famous roulette strategies are listed below.
Blackjack
Just as well known as Twenty-One. The rules are simple, the game is exciting and there is an opportunity to use your skills and strategy. In fact, for the experienced player who plays a perfect game and can count cards, the opportunities are sometimes in favor of that player to win.
Each participant tries to beat the dealer by getting as close as possible to 21, without going over 21. Each player, except the dealer, receives two cards with the image up and the dealer gets a card with the image up and a card with the image down. The player must decide whether he wants to "stand" - not ask for another card, or "Hitten" - asking for another card in an attempt to get closer to a count of 21, or even touch exactly 21.
Baccarat
Baccarat or Punto Banco is also a fairly old traditional type of casino game that comes from France and was originally written as "Baccara", and "T" was added in English for no clear reason. Baccarat has become very popular in 19th-century France and has so far retained a reputation for a well-known and first-class game in many casinos around the world.
Exclusive bonuses for Australian players
Welcome bonuses. Welcome Bitcoin-Casino bonus offers can be given immediately after registration or after making the first deposit.
Bonus without pouring. Everyone likes bonuses without deposit, i.e. bonuses that are given completely free. These types of bonuses can occur in various forms and the most common are bonus spins, free coins or free sheets.
Free bonus spins. Free bonus spins are given to casino players on different occasions. Sometimes they get it when registering, sometimes they get it as part of VIP rewards.
History of Bitcoin
The name "Satoshi Nakamoto" is considered a pseudonym for the person or people who made the original Bitcoin protocol in 2008 and launched the network in 2009. There is much speculation about the identity of Satoshi Nakamoto, but the true identity of this person or this collective has not been discovered to date.
Nakamoto sketched the concept of Bitcoin as a decentralized digital currency in a document. Because the system is decentralized, there is not a single manager, but a public ledger of transactions that anyone can store on their computer.
In 2011, Miners and Coders started to build other networks such as Ethereum and Litecoin and they started to improve and adjust the code behind Bitcoin's blockchain for different purposes.
Nowadays a single bitcoin is worth more than AUD$ 40000, while the value constantly fluctuates.
FAQ
- Can I play Bitcoin casinos from my phone?Yes, that's possible. The best bitcoin online casinos make it easy to play from your phone or tablet, either by downloading the casino app or simply visiting the casino site from your mobile browser.
- Why have bitcoin casinos become so popular?They become increasingly popular as Bitcoin becomes more accessible and used on a large scale.
- Which games can I play in a Bitcoin Casinos Australia?There are many Bitcoin games that you can explore. From slots to table games, sports bets and more, the choice includes the most popular types of gambling games.
- Are Bitcoin Casinos legal in the Australia?The safety of Australian bitcoin casinos sites is beyond dispute. Firstly, the operators adhere to the laws of international regulators such as the government of Curaçao, the Malta Gambling Authority, the UK Gambling Commission and others.