Bitcoin is a cryptocurrency that everyone talks about nowadays. It has been around for more than a decade now, and more people than ever use it to buy and sell things on the web. Others just hold it and sell it when the price goes up to make a profit.
Online gambling sites and Bitcoin are a match made in heaven. Namely, BTC turned out to be quite useful for deposits and withdrawals, as it is fast, affordable, and, most importantly, secure. Moreover, Bitcoin deposits are anonymous, and you don’t have to do anything in a bank in order to process your transactions.
The most important benefit of BTC is the lack of intermediaries. For example, when you deposit using a credit card, the brand behind the card takes a small fee and records the payment. Bitcoin uses decentralized technology, and every transaction is peer-to-peer, with nobody in between. Because of that, online bingo sites can offer much better deposit and withdrawal limits compared to other payment options.
To make a deposit using Bitcoin on a USA Internet bingo site, make sure to follow our short guide.
First of all, if you don’t already own Bitcoin, you need to acquire a Bitcoin wallet, which is basically a piece of software that stores your digital money. They are usually free, and you can install them on your PC or mobile device. Make sure to remember your private key to access the wallet. Forget it, and you’ll never be able to access your BTC again.
The next step is to obtain some BTC, which you can do by joining a Bitcoin exchange and purchasing it for fiat money. Alternatively, you can swap it for other cryptocurrencies (if you have some).
After that, select a bingo site that accepts Bitcoin and join it. Once you become a member, navigate to the Cashier section and select Bitcoin as a payment option. You need to input the amount you’d like to deposit, and the site will probably give you a QR code that you can scan with your wallet to make a payment. Alternatively, you can copy a provided wallet address to your wallet to make a payment — it doesn’t get simpler than that.
Please refer to our list of the best bingo sites, as some of them accept Bitcoin as a legitimate way to make deposits and withdrawals. We hand-picked the best platforms, and all of them offer a wide array of bingo options for American players.