Bitcoin Casino Blog
Tips & tricks
Enjoying the different live, table and slot games Bitcasino brings to the table begins with depositing funds into your account. This way, you’ll have something to wager which you can either win back or lose. Regardless of which, it’s all part of the fun!
If you’re a first-time online gambler, one of the first questions you may ask is, how to deposit money in online casino? Lucky for you, the leading Bitcoin casino in the industry, Bitcasino, offers several convenient deposit methods for everyone—players in Africa included! Keep on reading to find out more about them.
The last thing players want in an online casino is to be hindered by problematic deposit methods that can stall them for several minutes or even hours. That’s why having a wide selection of convenient deposit methods is important since it allows African gamblers to jump straight into their desired games instantly.
From these options, they can choose the most suitable option for them and deposit as easy as 1-2-3.
The different deposit methods shouldn’t just be convenient but 100% safe as well and Bitcasino offers both. Here are some of the most convenient and safest ways you can deposit funds into your account:
Credit/debit cards have been around for several decades and players’ familiarity with these is a huge reason why it’s one of the most famous online casino payment methods. Plus, credit cards were the first payment method ever accepted when online casinos were starting back in the ‘90s and they’re still popularly used today so you can rest assured that they’re a trusted deposit method.
One factor that can either fall under pros or cons is that credit cards have limits. To some, it's an advantage since it prevents them from spending beyond what they can afford. But for others, this limits how much they want to deposit even when it's still within their budget.
Aside from that, here are some of the pros and cons of using credit/debit cards:
Several online casinos worldwide offer guaranteed cashback to their users when they use credit/debit cards as a mode of payment. Usually, these come in the form of a certain percentage of your total losses in one week.
Aside from that, your credit card company can also grant you a certain amount of points for every transaction, which makes it a win-win situation.
It’s widely available
What’s great about using credit/debit cards as an online casino payment method is that chances are, you already have at least one or two. You won’t have to worry about going through a tough process just to set up an account as you would with other unfamiliar payment methods.
For most players, the biggest reason why they use credit cards in gambling is their level of security. For starters, it protects your information by using advanced measures such as chip and pin technology, encryption and fraud monitoring.
It’s not your money
When using credit cards, you’re borrowing money from the bank for a short term. This means you still have to pay for all the credit you’ve consumed afterwards. This can be unideal in certain scenarios such as when you lose a lot of money.
You’ll be charged hefty fees
When you’re not able to pay for the credit you’ve consumed, the carrier will start charging you fees until you can do so.
On top of all that, credit cards are widely accepted as a method of payment in various online casinos in Africa which makes it all the more convenient to use for online gambling. If you are going to use this as your main gambling payment method, we do recommend opening a separate account so your savings won’t be affected.
Some of the most famous examples of credit/debit card providers include:
In the past couple of years, e-wallets have been picking up traction as a payment method and now, several online casinos, including Bitcasino, accept them for transactions. You can store money inside these convenient digital wallets and use them to make purchases.
Here are some of the pros and cons of using e-wallets:
Because e-wallets transact electronically, you can expect withdrawals and deposits to be finished within seconds. Additionally, they allow users to upload their cards directly to a specific gaming website without any hassle.
Among all the safe online casino deposit methods, e-wallets are definitely up that list thanks to their advanced security features. For starters, they make sure that you’re the only one who can access them through extensive identity verification steps.
Moreover, they offer useful information that tackles the prevention of fraud which includes recommending a strong password and not sharing it with anyone.
It’s free to create an account
Finally, the best thing about e-wallets is that setting up an account with them is entirely free. You don’t have to worry about a minimum deposit amount as all you need to do is provide all the necessary information being asked.
Deposit and withdrawal fees
Although setting up an account is free, deposits and withdrawals are not. This glaring problem is what throws off most users because even though these fees are low, they can easily add up to ridiculous amounts when you regularly put in and withdraw money.
Not every card is accepted
One huge problem e-wallets have is that not all online casinos accept them. Aside from that, not all wallets/cards are accepted and there are only a few that are best for online gambling.
Some of the most famous e-wallets today include:
One mode of payment that’s garnering a lot of attention lately is cryptocurrencies and for good reasons. Thanks to its use of blockchain technology, this method ensures safe transactions because no one can tamper with data recorded in this network.
Several online casinos, including Bitcasino, use these digital assets as the main method of withdrawing and depositing. Plus, we let you buy bitcoin for online casino games on our website so you won’t have to go far!
To let you know why this is a great thing, here are its pros and cons:
One of the most talked-about benefits of using cryptocurrency for online gambling is its exceptional convenience. Using cryptocurrencies to transact in online casinos is noticeably faster, cheaper and easier, all because of the currency’s decentralised nature.
These tokens don’t require interference from any kind of third-party authorities, making every transaction go directly from the user’s wallet to their account.
If you’re someone who wants to maintain anonymity when playing in online casinos, then cryptocurrency is the best deposit method for you. This is because it won’t require you to input any kind of sensitive information and all you need to provide is your wallet address.
High-tech security measures
Once again, cryptocurrency’s blockchain technology comes into play in ensuring the security of your transactions. Through this technology, data will be impossible to tamper with because it acts as a public ledger. Additionally, each transaction will be secured by cryptography.
Their volatile nature
One of the first things you need to know about online casino bitcoin deposit is the volatile nature of cryptocurrencies. This means you can never tell when the coin's price will drop or rise in the market.
This can be a hassle for people who like using their cryptos in gambling as their assets can immediately decrease in value without prior notice.
Not all tokens are accepted by online casinos
Hundreds of thousands of crypto tokens have been invented ever since Bitcoin came into fruition back in 2008. However, not all of them are accepted in online casinos. For instance, here at Bitcasino, the only accepted cryptocurrencies are the following:
The different deposit methods offered here in Bitcasino are designed to make your gaming life easier. Aside from giving you plenty of convenient options to choose from, this selection also grants you the following benefits:
Bitcasino ensures a fast online casino mobile payment, regardless of which method you choose. Whether it be credit cards, e-wallets or cryptocurrency, you can expect your transactions to be finished within a couple of minutes.
Because you’re already wagering money from your pocket, the last thing you need from an online casino is a hefty transaction fee. With Bitcasino, you won’t have to pay any additional fees in fiat and cryptocurrency transactions so you can save your money for wagering. However, sometimes your bank/payment service provider will be the ones to charge you these fees.
Because of the security measures utilised by credit cards, e-wallets and cryptocurrencies, you can ensure that your funds are in good hands. For example, if you’re going to deposit using cryptocurrencies, the use of blockchain technology can ensure that your transaction is tamperproof.
Depositing into your Bitcasino account is easy, especially if you consider the different ways it allows you to do so. To help you get started, here’s a step by step process of how to deposit funds using cryptocurrencies:
If you’re using the crypto wallet MetaMask, the process will be a little different. See below for the full guide:
In Bitcasino, there are two separate ways you can deposit cryptocurrencies. One is for BTC, ETH, LTC, TRX, USDT, ADA and DOGE while the other is solely for XRP.
For BTC, ETH, LTC, TRX, USDT, ADA and DOGE
Your journey to a whole new world of casino games is an arm’s reach away! Use these convenient methods to start depositing funds into your account today. They won’t take several minutes or hours and the best part is that you won’t be charged hefty fees!
What are you waiting for? Conveniently fund your wallet now through our online casino deposit methods and start immersing yourselves in Bitcasino’s wide collection of high-quality slots, live casino games and more!
Words by: Jericho Paradeza
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