Bitcoin Bingo: The Wave of the Future

July

12

By Declan Yin // in Bitcoin

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Bitcoin bingo is not a buzzword anymore. It’s the real thing.

Men and women are using bitcoins to play bingo and casino games. They’re doing it because bitcoin offers many benefits that traditional payment methods don’t provide.

Online casinos and bingo operators know how versatile bitcoins are. Therefore, they accept bitcoins as a payment method.

Bitcoin transactions are fast and secure. Plus, they carry little or no processing fees.

If you have heard the word bitcoin before, but you have no idea what it is, this article is for you. By the end of this article, you will be ready to play casino and bingo games using bitcoins.

Benefits of Bitcoin Bingo

Bitcoin bingo offers many advantages.

Anonymity

On bingo sites accepting bitcoins, you play anonymously. These sites don’t ask for a ton of your details.

Bitcoin transactions are carried out via a unique user ID and address – also called Bitcoin wallet’s address – and that’s enough for these bingo sites to identify you.

You get the maximum privacy of information while playing bingo using bitcoins.

Speed

Bitcoin transactions are lightning-fast. They don’t take as much time as the other payment methods take.

Usually, a few seconds is all it takes to fund your account. Bitcoin deposits never take more than a couple of minutes.

As far as bitcoin withdrawals are concerned, the money reaches your bitcoin wallet within a few minutes. Isn’t it impressive?

No Hefty Transaction Fees

Bitcoin transactions are usually free. But even if you have to pay any processing fee, it’s far less than the fees charged by the other payment methods around. The most common fee that you might need to pay is the bitcoin miner’s fee which is usually quite low.

Exclusive Bonuses

Most bingo sites offer you exclusive bonuses when you use bitcoins for deposits. For example, if a regular new player gets a 100% bonus, a bitcoin player may get a 150% bonus. That’s another good reason to play bingo with bitcoins.

How it Works

Bitcoin bingo is 100% secure. On a bingo site that accepts bitcoins, you deposit and withdraw using your bitcoin wallet. On the cashier page, choose your bitcoin wallet for payments.

Every bitcoin wallet has an address that consists of a unique user ID and address. You just need to provide this address to make a transaction.

Things You Need

To play bingo with bitcoins, you need the following things.

  • A player account on a bitcoin bingo site
  • Bitcoins

It’s easy to buy bitcoins.

First, download a bitcoin wallet. You can download it from a bitcoin exchange.You can choose from many bitcoin exchanges today. For instance, there is Binance, Coinbase Exchange, Huobi Global, Bitfinex, Kraken, and many more.

As far as wallet types are concerned, experts suggest that you should choose a cold storage wallet because it does not need an active internet connection. If you have the budget, buy a hardware bitcoin wallet as it’s the most secure.

Once you’ve downloaded and setup your bitcoin wallet, open an account with your chosen bitcoin exchange. It hardly takes a few minutes. Choose one of the accepted payment methods to buy bitcoins. The most widely accepted payment methods are credit cards, debit cards, and digital wallets. The bitcoins that you buy are stored in your bitcoin wallet.

Once you have your bitcoin wallet ready with some bitcoins in it, head straight to a bitcoin bingo site and get a player account. Fund your player account with bitcoins and enjoy bingo and casino games like never before.

Where to Play Bingo with Bitcoins

Finding a great bingo site accepting bitcoins will take you hours of searching and analyzing. Save time by checking out no deposit Bitcoin casinos for the US at the BonusesOnline.com. It’s a great website dedicated to bringing the best bingo and casino deals for you.

These no deposit bitcoin casinos use the latest security technologies to offer full player protection. You’re safe there. Their games are fair. Plus, since you’re using bitcoins, your money stays safe, too.

You’re Turn

The cryptocurrency revolution has changed the way the world makes and receives payments. It’s safe. It’s fast. And it’s here to stay. If you don’t have a bitcoin wallet yet, get one today and play bitcoin bingo and casino games. You will love the benefits that bitcoin has to offer. Ciao!

About the author, Declan Yin

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