Bitcoin is a crypto-currency and it is not illegal to play using Bitcoin even in countries where it is illegal to play.
Below in this article, we show you how to get started using Bitcoin and how to set up an account etc.
Are There Any Bitcoin Fees?
One of the perks for both players and bingo operators offering Bitcoin as a depositing offer is the fact that the transactions are totally free. The money is almost instantly deposited into your account and is one of the fastest depositing options. It’s a win-win for all involved and more and more operators are offering this option.
Are There Bonuses Given For Bitcoin Deposits?
Yes, many online bingo operators are offering special bonuses if you deposit using Bitcoin. The transactions are free so operators try to encourage this option.
Thanks to technological advances, most notably the growth of the internet, fans of bingo are able to play their favorite game online. What’s more, they are not required to make payments using traditional currency, they can play bingo online using the most popular crypto-currency – Bitcoin. There are multiple bingo websites that accept Bitcoins.
Bitcoin and How it Works
Crypto-currencies are alternative payment options, which allow you to buy stuff online unanimously. There are multiple crypto-currencies out there, but Bitcoin is by far the most popular, most reliable and most valued one.
Bitcoins can be acquired through a process called Bitcoin mining, but it can also be purchased on the online market. You just need to choose one of the many available Bitcoin exchanges, sign up, provide all the necessary information. You are then good to go and you can purchase Bitcoins at their current market price. Bitcoin exchanges provide high levels of security, which means that personal and financial data of buyers will be protected.
Once you have purchased Bitcoins, you are free to use them to buy things online. The best part is that Bitcoin online transactions are completely anonymous and no one will have your payment information. There will be no trace that you have purchased anything online.
Playing Online Bingo with Bitcoins
It’s not a centralized currency and there’s no regulatory body in charge and that’s why the value is so volatile. Its value has grown a lot over the years. A lot of companies that offer products and services online realized the potential of Bitcoin and bingo websites were among the first. Playing bingo games with Bitcoins is quite easy.
Firstly, you will need to choose an online bingo that accepts this crypto-currency as a payment method. Some of the operators that accept Bitcoin payments also offer instructions and detailed guides on how to buy and use Bitcoins. If you’re new to Bitcoin this will make things a lot easier for you and you will be able to start playing online bingo with Bitcoins in no time.
It would be good if the Bitcoin bingo site of your choice offers a welcome bonus. Some even offer special Bitcoin bonuses and promotions. Bitcoin payments are processed instantly and Bitcoin casino withdrawals normally take only a few hours. In general, this is the fastest money transfer and should never take more than 24 hours. That’s a lot faster than most other payment methods and is another benefit of using Bitcoins to play.
Great Option for US Online Bingo Players
Bitcoin has a very specific status; it is a crypto-currency. This means that it is not recognized as legal tender in many countries, which means that playing bingo or other games of chance with Bitcoins is not considered illegal. This even applies to countries where playing real money bingo online is prohibited. That is one of the main reasons why many American bingo fans opt to play at sites that accept Bitcoin.
Choosing a Bitcoin Bingo Site
There are multiple bingo sites that accept Bitcoin and there are many things to take into consideration when you’re choosing one. The number of available bingo rooms, the price of bingo cards, the available promotions, and bonuses. Customer support and reputation are also things that should be evaluated before you choose a bingo site.
Luckily bingo sites are catching on to the huge potential of opening up to markets where online bingo is illegal. The governments have no control of this currency is a great alternative currency. Soon there will be a huge selection of sites to choose from as Bitcoin becomes even more popular. We will update our list frequently, so please check back.