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Deposit with Cryptocurrencies

Posted on June 17, 2018January 6, 2019 by TravG

If you live in the United States and like to play at online casinos, poker rooms or sportsbooks, you know the difficulty you can have making a deposit. The easiest way to deposit to online casinos and the such is by credit card, but unfortunately some credit cards place restrictions on using them for gaming purposes and others can limit your ability to deposit in a foreign currency which most online casinos use. One solution to the situation is to deposit using a cryptocurrency. Cryptocurriencies are accepted at most USA online casinos with Bitcoin being the most popular. If you have never used a cryptocurrency to make a deposit, read on for to easily deposit to your favorite online casino and/or other gaming sites using a cryptocurrency.

Making an online casino deposit using a cryptocurrency is actually very easy. You simply transfer the amount of cryptocurrency equal to your deposit amount to the address supplied by the casino. You first however have to have some cryptocurrency in order to send it.

To open a cryptocurrency account you must first open a “wallet” at one of the many exchanges available. We ourselves use Coinbase which has been in the business for years and has an excellent history and reputation. Once you open a wallet you fund your account using either your bank account or debit card and use those funds to buy the cryptocurrency of your choice. As said, Bitcoin is the most popular, but some USA live dealer casinos such as BetOnline and the Wild Casino accept several different currencies which include litecoin, ethereum, dash and bitcoin.

Once you have your crypto wallet funded and are ready to fund your casino account, visit the casino cashier and click “Cryptocurreny”. If multiple currencies are accepted you will then choose the cryptocurrency you wish to use. Enter the amount you want to deposit and the casino will supply an address where you send your crypto deposit. The address will consist of a string of number and letters and it is best to copy and paste the address. Once you have the address return to your wallet and supply the address and amount to send. Click submit and your deposit is on the way. In most cases your funds will be in your player account 10-15 minutes and a maximum of 30 minutes.

Cryptocurriences are a great way to fund online casinos. The hardest part is initially setting up your wallet but after sending your first deposit, subsequent deposits take only a few minutes. If you have trouble making credit card deposits, using a cryptocurremcy is a great alternative where you can always get funds in your account.

See all of our casino banking options including USA credit card deposits. We also have a full listing of the best live dealer casinos that accept Bitcoin deposits but if your looking to send other types of cryptocurrencies check our BetOnline Casino review and Wild Casino review who accept several different types of cryptocurrencies.

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