How to Play with Bitcoin on Online Casinos: Step by Step Guide (1)

Bitcoin is becoming increasingly popular. There are a number of reasons for this, starting with the anonymity, the advantages it provides, and ending with the ever-growing value of the currency.

Many players ask us how to play with Bitcoin at online casinos. In fact, the process of using Bitcoin for deposits and betting is a bit different from the one we are used to with credit cards and traditional payment systems. It may seem a bit complicated at first, but it’s actually not. Read our step-by-step guide and you will make your first rounds with Bitcoins very quickly.

1. choose the software

We will need a special software, a Bitcoin wallet, to store our coins. There are several options available on the Internet, but we will only consider those present on the official Website https://bitcoin.org/en/.

Option 1. Bitcoin Core, local software. The most popular local Bitcoin wallet.

 

 

However, this software has one serious drawback – it takes up 112 Gigabytes on your hardware and the size of the program keeps growing, because the software saves all the blocks of the entire usage time (8 years) on the hard disk. So it must be fully synchronized before you can use it. It takes on average 3 days to do so, even if you have a good connection speed!

Installation:

If you are willing to keep this wallet on your computer, follow the link – https://bitcoin.org/en/download – to download it, run it and wait for the synchronization to complete.

After that, click on ‘File’ and create a backup of your wallet so that you can restore it if something goes wrong.

Option 2. MultiBit HD, local software.

 

 

This is the second option we have chosen. Unlike the first option, it does not require much space on your hard drive and is very fast to download. If you are willing to use this type of software, you can download it at https://multibit.org/.

Installation:

It is vital to save the date stamp and wallet words. We suggest you write them down, not scan or photograph them. This data will be needed to restore your wallet if something wrong happens.

Option 3. Bitcoin Wallet – Android App.

 

 

Installation:

The software can be downloaded at https://play.google.com/store/apps/details?id=de.schildbach.wallet.

You can use your wallet after installing the application. Make a backup by choosing the respective option in the menu and setting the password to be able to restore your wallet. After that, copy the backup file to another device; otherwise, if you lose your mobile device, you will lose your wallet and backup file!

Option 4. Internet Interface – BitGo.com

If you are not willing to download any software, you can use this interface at https://www.bitgo.com/wallet.

 

 

Installation:

Don’t forget to save the key card. It is a PDF file that you will need to refer to if you forget your password. Note that you will need Google Authenticator to log in and transactions. This is why you will be asked to scan a QR code or enter your phone number (whichever you prefer). After this, you will have full access to the web interface. Another option is to install YUBIKEY.

Resetting Two-Factor Authentication.

If you reinstall Google Authenticator or change your phone number, you will need to reset Two-Factor Authentication. Clear your cookies, enter your email address on the login page and click the link – “Unable to access your Two Factor Authentication device? Request reset” – to reset the code.

Shortly thereafter, you will receive a message to your e-mail address on registration with a confirmation link. Click on the link and Authentication will be reset within 48 hours so you can set it up again.

Option 5. Cubits.com Platform.

We consider this platform as an option for deposits as many Casinos use it. The main advantage of this option is that you can link it to your Skrill account and bank card. However, you will have to verify your account before that by being filmed by a camera during the support team’s working hours.

 

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