Bitcoins are everywhere on the news right now. Early investors have already gained a lot of money because of it, and now the public follows. New price records are set almost every week. The number of people that want to gamble and pays with Bitcoins is rising. Did you know that it’s also possible to pay with cryptocurrencies in an online casino?
At the moment one Bitcoin is quite expensive. This can be reason to convert Bitcoin in Ethereum, Litecoin or another cryptocurrency. Are you a big gambler? Then speculate with it on Dutch websites like Plus500 and Optie24. Some casinos even focus on payments with Bitcoins nowadays. For example, can use (a part of) Bitcoins to play one of their games. The following Bitcoin casinos are very popular:
WELCOME BONUS: 150% UP TO 1.5 BTC OR 150 LTC
400+ Games, Live Sportsbook, Huge GTD Poker Tours, Dice, Fast Deposits & Withdrawals, Live Support
FIRST DEPOSIT BONUS 100% UP TO €900 OR 0.2 BTC
Easy way to make money
Always make sure that you’re using a reliable online casino for your Bitcoins. Read reviews of other people first, and trust your intuition. It’s not a good idea to spend all your savings in Bitcoins. The market is very volatile, so there’s always a risk of losing money. If all goes well, it feels great to make money so easy though!
Gambling Bitcoin payments
Some people say that Bitcoin will cause a revolution in the world of money. It is digital money that is also known as a ‘cryptocurrency’. You can pay your bills and products with it, the same as euros and dollars. Bitcoin is a volatile digital currency. You can have a Bitcoin worth 10.000 euros at one moment, and 8000 euros the next. Bitcoin is an open network without interference of the government. This makes it a very attractive investment for a lot of people. More and more people use this network to open and make transactions every day.
You should research Bitcoin before you start investing. This makes it easier to make a good decision. For example, there are several Bitcoin wallets on the internet. These are places where you can put your Bitcoins in. However, how do you choose the right wallet? Read reviews and compare several wallets with each other to make a decision. After making this step you need to take part in a Bitcoin network with special software. This makes it possible to very and save transactions. Then you need to buy Bitcoins at an exchange office. It’s the easiest way to begin, although these companies ask a little fee for their services.
Trade your Bitcoins
Another way to buy bitcoins is the use of a so-called exchange. Exchange websites do not buy or sell Bitcoins. Instead, investors sell or trade the coins with each other. Perhaps you want to sell Bitcoins. You need to have a so-called ‘trading wallet’. Make sure that you have a minimum exchange rate. If it reaches this point, you sell. Trading with another person is exciting as well. Create an advertisement to make sure that people find you.
How to buy Bitcoin?
Every cryptocurrency user receives an own address for payments. It’s really easy to buy Bitcoins, or perhaps you’re more into Altcoins. Or make an investment in both! You simply pay with a bank transfer or Paypal. Make sure that you always have an online wallet to transfer your Bitcoins to the address of the online casino. This is usually an QR code or some numbers and letters. The transfer of Bitcoins usually takes place very quickly.
The many advantages of Bitcoin
Hopefully your adventure in the cryptocurrency world becomes a big success. You should check the price of your coins regularly. It’s your own choice what you want to do with the coins. You can pay with them in real life or make a gamble. Whatever you do, Cryptocurrency is a very safe way of payment. This is definitely not the only advantage of Bitcoins. It’s also great that you have full control of your payments and that the costs for transactions are very low.