Bitcoin Payments: A Quick Guide for Aussie Online Gamers
Bitcoin is a decentralized digital currency which unlike other forms of currency, is not controlled by an administrator or a bank. Launched in the year 2009, Bitcoin has grown to be the largest cryptocurrency in the world, and its invention marked a new era of payment systems never anticipated before. Most Aussie online casino players prefer it because of its decentralized nature, anonymity and impregnable security and it has been accepted as a payment option in many Aussie online casinos.
However, since it is still a rather new adaptation in the world of internet gaming at large, lots of players don’t understand how Bitcoin works and how they can use it to load and cash out when gaming online. To make things crystal clear for you if you have any doubts about this new generation payment method, spare the next few minutes to read our guide.
Up to $8888 for first 6 Deposits
New gamblers can more than double their first deposit to get as much as $2,500 in extra gaming money from the casino. This means players that make an initial deposit $1000 will have a total of $3,500
100% Up to $1000 Bonus
Newbies in the house can take advantage of a bonus package of up to $1,000 in welcome bonus cash, spread over the first five deposits.
300% Up to $9000 Bonus
As a new player, you get an amazing offer of up to $9,000 worth of pokies bonuses for your first three deposits. It’s hard to come by such an offer don’t you think? Yes, that’s a 300% match for your first, second and third deposits.
100% Up to $1000 Bonus
1st Deposit – 100% up to $500 + *200 ‘zero wager’ free spins
20 spins on Sticky Bandits every 24 hours upon login: every day for ten days
2nd Deposit – 50% up to $300
3rd Deposit – 100 % up to $200
100% Match up to $1,000
At 24 VIP Casino, they have mastered the art of appreciation because they have arguably the best welcome bonuses and promotions you can get.
For example, if you deposit with Bitcoin, the house gives you a whole 275% Match for your initial Bitcoin deposit with a playthrough of 33x deposit + bonus.
Does Bitcoin Require Activation?
Bitcoin doesn’t require any activation. It just takes creating your account of a secure Bitcoin wallet using your email address. From the wallet, you will also have options of where you can buy the Bitcoins around the world from exchange sites and the devices which support the wallet apps. Bitcoin can be exchanged for the other currencies globally or products and services.
How to Deposit in an Aussie Online Casino Using Bitcoin
Funding your account using bitcoin is very easy, follow the quick guide below:
First, you have to create your online Bitcoin wallet on the web or download the wallet apps on your smartphones.
Then you can purchase your Bitcoins from regulated exchange sites using your debit or credit card or even exchange it with a friend
Lastly, you can log into your casino account, and under the banking section select Bitcoin as your preferred depositing method enter the amount. You can then enter the unique address in your wallet to complete the payment.
Alternatively, you can make instant transactions on mobile by scanning the casino’s QR code. For this, look for the QR code on the casino’s website.
To avoid inconveniences always confirm the transactional limits in the casino’s terms and conditions because the limits will vary from one casino to another.
Bitcoin Security
Bitcoin employs the blockchain technology making it impossible to modify or manipulate the monetary transactions and thanks to its decentralized nature, and it can’t be controlled by any single person or institution for that matter.
Final Review
Here are the advantages and disadvantages of Bitcoin as a payment option
| Pros |
|---|
|
| Cons |
|---|
|