Can I Play Slot Machines Using Bitcoin?

Jacob Atkinson By Jacob Atkinson    | Nov 6, 2019
Can I Play Slot Machines Using Bitcoin? November 6, 2019 Jacob Atkinson https://www.sosgame.com/author/jacob

Some players have always experienced problems being able to find a deposit method that they can make use of to play slot and casino games online, for not all casinos that cater for players based in some countries of the world will accept certain types of deposit methods and that could mean player who want to play have no way of funding their accounts.

However, that all changed when cryptocurrencies were launched, and as soon as they did many casino sites were very quick to add Bitcoin to their list of accepted payment methods, and as such to answer the question as to whether you can play slot machines with Bitcoin, the answer is yes you can do.

There are however some pros and cons associated with using bitcoin to play slot machines online, and I will give you an insight into just what they are below, however before I do so I would like to bring to your attention that there are plenty of additional slot playing guides and articles dotted around this website that you should read through, if you are new to playing slot games online.

Those include on that will let you know what is a good slot game staking strategy and the best strategy for using slot bonuses article is worth a read through too as do make sure that you discover why do players accumulate bonus games.

If you are a fan of bonus game then learn which are the top paying pick and win bonus games attached to certain slot machine and also look find out which are best slots with randomly awarded bonus games as those slot machines are going to be very exiting ones to play and there are certainly plenty of them available online these days.

How to Start Using Bitcoin to Play Slot Machines

There are a few things that you are going to have to familiarise yourself with, then you wish to use Bitcoin to make deposits into a casino site and then set about playing slot machines.

The very first thing that you are going to have to get for yourself is something known as a Digital Wallet, that wallet will give you direct access to your Bitcoin holding which are going to be stored on something that is known as a Blockchain.

In layman’s terms the Blockchain is simply a ledger that tracks the movement of Bitcoin and ensures that only the correct owner of them has access to them. The digital wallet you choose is going to allow you to move your Bitcoin stored on the highly secure and safe Blockchain instantly and as good as in real time too.

It is however vitally important that you remember your log in detail for your Digital Wallet foe without them there is no way that you are going to be able to access your Bitcoin, so make a note of your log in detail and store them offline.

Be aware that you can get a digital wallet completely free of charge and as such never be tempted to buy one from any websites that you may see them being offered at, as there are lots of scam website out there that are simply trying to get your digital wallet log in details to cheat you out of your Bitcoin and other cryptocurrency holdings.

Buying and Selling Bitcoin

Once you have got yourself a digital wallet then you are good to go regarding getting yourself a supply of Bitcoin or whichever cryptocurrency you are after using as your chosen casino deposit and withdrawal option.

The way in which you can quickly and very easily purchase Bitcoin is by you paying a visit to a digital currency exchange, there are plenty of them available so there is no doubt in my mind that it will not take you very long to find one online.

Keep in mind that you are going to have to initially buy Bitcoin or any other cryptocurrency using one of the payment options that a digital currency exchange accepts, and once you have mad your purchase your Bitcoin or other cryptocurrency you have chosen to buy will then be sent to your digital wallet.

Be aware though that there are going to be fees and charges associated with buying cryptocurrencies, and when you want to turn them back into any fiat currency you are also going to have to pay fees and charges to be able to do so.

However, if you do not have any other possible way of funding any online or mobile real money casino site or app accounts then a cryptocurrency may be your only option, and as long as you do factor in the additional fees and charges, then you should have no difficulties finding any number of casinos sites or apps that do accept most cryptocurrencies.

Resources

The one thing that you should always keep in mind when you are about to start using Bitcoin, is that the value of Bitcoin can be very volatile and as such your Bitcoin holdings could rise in value or fall in value very quickly.

Over the years there have been some huge increases in the value of Bitcoin and conversely the cost of Bitcoin has dropped through the floor on some occasions too.

It is also worth knowing that there are now many alternative cryptocurrencies to Bitcoin, and there will be plenty of casinos site and casino apps that are going to allow you to transfer money into your accounts and withdraw winnings from your account using any of those additional cryptocurrencies too.

At the end of the day though, you will always be best advised to ensure you are 100% confident in the cryptocurrency you wish to use, and know how to use them too, if you do have any questions regarding using Bitcoin or any other cryptocurrency as your preferred casino payment method then you will find plenty of help guides and resources on doing so on any cryptocurrency accepting casinos website.

Jacob Atkinson

Hi, I am the Chief Editor of sosgame.com, this site is dedicated my love of slot games. Slot machines have been around for a while, with now being converted to an online audience. So I have decided to put them all in a place where you can hopefully enjoy them as much as I do.

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