Bitcoin Casino FAQ
When bitcoin first became a thing, the very idea of cryptocurrency seemed mysterious; perhaps even nefarious. Wasn’t it used by shady types for shady purposes? Why else would you use an untraceable digital currency unless you were up to no good? Since those early days (not so long ago, really) and now, the question has become: why wouldn’t you use an untraceable digital currency question mark? And that’s not even mentioning the investment frenzy around all things crypto.
For such an enormous attitude adjustment towards something that still remains elusive, there must be something to it! And here it is: bitcoin’s accessibility, speed, security, convenience, and minimal transaction fees. Now this golden digital coin is loved by nearly 6 million people worldwide. A good slice of them are even enjoying bitcoin gambling right here at the SlotsLV crypto casino.
If you haven’t given bitcoin betting a chance just yet, we’d love to catch you up on all the bitcoin benefits that await. We’ll answer all your questions about bitcoin, including how bitcoin works, betting with bitcoin, depositing with a crypto casino, and how to get SlotsLV Bitcoin Promotions that’ll have you jumping with joy right alongside your fellow cryptophiles.
Are you ready to learn all you need to know about the fastest, safest, most secure currency at a crypto casino? SlotsLV bitcoin – here we go!
How do you deposit and play at casinos with Bitcoin?
Luckily, you don’t need to be one of those “techy-types” to deposit and play with bitcoin at a crypto casino. All it takes is a few simple steps to get started, and you can do it from home without moving an inch.
First, you’ll need to get yourself an exchange wallet and a digital wallet. An exchange wallet is where you buy your bitcoin using a regular debit card. The bitcoin wallet is where you keep your bitcoin online, and how you give and receive it for bitcoin gambling.
Once your exchange wallet and digital wallet are sorted, you can use your Slots.lv account login to make a deposit. From inside your account, follow these steps:
- Click the pink “DEPOSIT” button
- Select “Bitcoin” as your currency of choice
- Either copy the generated address or scan the QR code
- Open your digital wallet and hit “Send”
- Paste the address from the Slots.lv page into your digital wallet
- Enter your deposit amount and hit “Send”
Voila! Your account is officially ready for betting with bitcoin, and you, it must be said, are very savvy indeed!
Is it easy to play and deposit with Bitcoin?
Once you’ve got bitcoin tucked safely inside your digital wallet, it’s so much easier than a bank card. The transactions are done directly, and you don’t have to fill out any forms, give personal information, or wait for your bank to approve the funds. Bitcoin cleans up all that messy middle-man disruption and lets you play your favorite games (like SlotsLV online slots!) right away.
As for betting with bitcoin on your favorite games, you don’t need to do anything special. As long as the funds are in your account, you just open up the game, select your bet amount, and hit “spin” or “deal” to pop off the action.
Are Bitcoin casinos safe?
You’ll be happy to know that a bitcoin casino is one of the safest places to be, financially speaking. Bitcoin follows exceptional protocols for privacy and security, and it’s 100% impervious to hacking or interference. That means your funds are never dropped, lost, or debated, and your identity and personal information isn’t shared with anyone at all.
Is it legal to gamble with Bitcoin?
Since bitcoin is still so new to the general public, there haven’t been any specific laws set in place to tell you how to use it. Effectively, Bitcoin is “outside” of the system. It’s totally legal to use for whatever you’d like, including bitcoin gambling
Having said that, the laws about online gambling in general are different for each country, state, and province. We won’t exhaust you by listing every local law here, so you should read up on your own jurisdiction’s guidelines to online gambling if you’re unsure about the legal details.
You can rest assured that if you’re logged into your Slots.lv account from Canada or the US, you can freely and legally enjoy betting with bitcoin to your law-abiding heart’s content.
Are there any Bitcoin bonuses and promotions?
Yes, yes, yes! SlotsLV bitcoin promotions are some of the biggest draws for players of all types because they have much higher limits than the regular bonuses (which are already high, mind you!).
Take the SlotsLV Welcome Bonus, for example. Over your first nine deposits with bitcoin, you can get $7,500 to use on games. After that, you can get up to $250 twice a week with the Crypto Double Up bonus, and an extra $25 when your friends join. The best part is that with a SlotsLV bitcoin promotion, the funds are available to use right away. No more waiting around for third-party approvals!
Is it better to deposit with Bitcoin?
Believe it or not, making deposits and withdrawals through your bank is not a guaranteed process. There are hoops to jump through between SlotsLV and your bank that can occasionally end up in lost funds or failed transactions.
When you deposit with bitcoin, you are guaranteed a 100% success rate. Because of the peer-to-peer (aka no middleman) style of trade, the funds clear in a matter of minutes instead of days.
Then you add the bigger bonuses, minimal transaction fees, and the lowest minimums for deposits and highest maximums for withdrawals, using SlotsLV bitcoin blows any other transaction method out of the water!
Can I lose all my money if a cryptocurrency fluctuates?
Like any other type of currency out there, including USD and CAD, its value will go up and down by a small margin every day. It’s the same with bitcoin. The good news is that the fast transaction times make bitcoin fluctuations extremely minimal. Your bitcoin deposit is immediately transferred to US currency when it hits your account. If you’d rather not let it sit in your digital wallet and risk fluctuations, you can use a BitPay visa card to spend your bitcoin as a US currency right away.
Wave Goodbye to Price Fluctuations with Tether (USDT)
If you’re considering playing casino games with Bitcoin, but aren’t keen on the minor price fluctuations of the market, then we have just the thing! We’re pleased to announce that we’re now accepting Tether (USDT!) cryptocurrency. This stable-value coin is tethered or pegged to the US dollar (translation: you can now use crypto without any price fluctuations!). That means you can claim those crypto bonuses, deposit and withdraw with ease, and play your favorite games, all with the price stability of Tether (USDT) for online casinos.
What are the best games to play with Bitcoin?
This is the fun part! Bitcoin gambling is vast and diverse. Once you’ve gotten your SlotsLV bitcoin promotion, any game you see at a crypto casino like SlotsLV is totally ready for some betting and playing with bitcoin.
Since betting with bitcoin is just like betting with regular money, no game is either better or worse for it. It all depends on your own style! If you’re looking for high-quality entertainment and steady wins, you should try famous slot games like Gold Rush Gus or Cyberpunk City. If you’re interested in bitcoin gambling with higher stakes, the Roulette wheel is always spinning. Blackjack, Baccarat, and video poker are also great games for betting with bitcoin.
Whichever game you decide to try, you’ll be delighted to see how fast and easy it is to withdraw your funds once you win. That’s the beauty of bitcoin!
Above all, don’t forget to use the SlotsLV bitcoin promotions, grab your gigantic SlotsLV Welcome Bonus, and dive right into the modern online world of cryptocurrency. Your safety, and your money, have never been in more trusted hands than bitcoin, or a more trusted crypto casino like SlotsLV! Welcome to the crypto club!