The Perks of Bitcoin at Cafe Casino
Bitcoin is the future of online transactions. Ever since this innovative form of e-currency was launched in 2009, people saw the value and loaded up with it. Many online retailers are now accepting bitcoin as payment for goods and services all over the world.
Part of what has made bitcoin so successful is that it aimed to simplify online transactions when the buyer and seller are from different countries. The currency can be sent between two parties, who could be in different parts of the world, as easily as you’d send an email—with no need to convert currencies or have a third party facilitate the trade. It’s a peer-to-peer network, so instead of banks getting involved, bitcoin miners simply encrypt transactions on a public ledger known as the blockchain.
The flexibility that comes with a decentralized cryptocurrency is paramount in the online casino realm, as you’ll see when you learn how to bet with bitcoin. In this online casino bitcoin guide, we explain why using bitcoin for deposits and withdrawals leads to a better overall experience, with faster turnaround times, lower fees, and better bonuses. There has never been a better time to learn how to play bitcoin casino games than now
Guaranteed and Fast Deposits
Since financial institutions have no stake in bitcoin, it can be used however you want, including right here at Cafe Casino. All bitcoin deposits are guaranteed to come through the network quickly and effortlessly. This is a big step up from credit card deposits, which can occasionally fail since the issuer can place restrictions on the card in order to prevent it from being used in certain ways.
In order to begin making bitcoin deposits into your Cafe account, you would have to select “cryptocurrency” as a deposit method; you’ll have the option of going with Bitcoin or Bitcoin Cash—these are separate currencies, so be sure to select the appropriate one based on what’s in your digital wallet. After choosing the cryptocurrency of your choice, an address will automatically generate, which is used as a recipient for the funds. Once the cryptocurrency is sent to the provided address, it’ll show up in your Cafe Casino account instantly. For more information on how to set up deposits with cryptocurrencies, see our Bitcoin FAQ page.
Low Transactional Fees
Keeping fees down to a minimum ensures that the most money possible is going towards your bankroll instead of a financial institution. While we don’t charge fees on deposits, it’s possible that your credit card does, making it a less appealing option than bitcoin. On average, credit cards have the highest fees and often charge for cash advances and currency exchanges, while Bitcoin Cash has the lowest fees, followed shortly by bitcoin.
The Best Online Bonuses
For the best bonuses on the market, you need to be using bitcoin to fund your bankroll. The very first time you deposit with bitcoin at Cafe Casino, you have the choice between the following two-match bonuses:
600% Super Play Bitcoin Match Bonus
Maximum Bonus Funds: $6,000
Maximum Cash Out: 10X the value of the deposit
Playthrough Requirement: 35X
150% No Max Bitcoin Match Bonus
Maximum Bonus funds: $1,500
No Cap for Cash Out
Playthrough Requirement: 25X
So how do these two bonuses stack up? If you think that you’ve got what it takes to win big, then you may want to consider going with the No Max Bonus. This way you get to keep everything you win. If playing time is a higher priority, then your best bet is the massive 600% Match Bonus.
Another generous bonus available to bitcoin players at Cafe is the 350% match bonus, which is good for up to $700 in bonus funds. This bonus can be redeemed over and over again and has no restrictions on when it can be used, or on how much money you can win from it. With this type of flexibility, you could use it every single time you deposit with bitcoin for a seriously beefy bankroll.
Your Money is Safe Secure
Bitcoin has been around for over 10 years and has many measures in place to maintain a high level of security. For one, the only way you can access the wallet that holds your bitcoin is through your own mobile device—as opposed to using an online server. A passcode is needed to open your digital wallet and once again to enter the exchange platform needed to trade money for bitcoin.
The blockchain is the network that bitcoin operates on and it has managed to be both public and transparent, while keeping people’s personal information private. Bitcoin transactions are processed by a “miner” who encrypts the transaction between buyer and seller on a public ledger; neither party’s personal information is posted on the ledger.
Enjoy Great Casino Games!
Depositing with any currency, bitcoin included, opens up all of our great casino games for real money payouts. Try spinning the reels of 777 Deluxe, A Night with Cleo, Gold Rush Gus, and Gridiron Glory among hundreds of other bitcoin casino games for a chance to win cash while enjoying the thrill that comes from the best slot games to play online.
Table games are another option if you’re looking for an alternative to casino slots. In our casino’s table games section, we have all of the classics, including blackjack, roulette, craps, and baccarat, as well as poker-based table games like Caribbean Hold’Em and Stud. Several new additions, such as Teen Patti and Andar Bahar, are reinventing the way we play table games, with an emphasis on fun over strategy. Check them out on your mobile device or computer.
Easy & Fast Withdrawals
The first step to withdrawing from your bankroll is to make the initial request. Once authorized, you have the option to withdraw in three different ways
• Bitcoin
• Bank wire
• Check by courier
Each withdrawal option has its own timeframe for when you can expect to get your money. For example, getting your funds sent via check by courier has the longest timeframe of the three options (10 to 15 business days) and often requires you to be home to receive the delivery. But if you’re not in a rush, it’s a good option. A bank wire is also a convenient option, but is only for large withdrawals and still takes a few days for the money to show up in your bank account.
Withdrawing your bankroll via bitcoin is a quick and easy way to get your money. Once the withdrawal is approved, having the bitcoin sent to your e-wallet can be done in a few minutes—sometimes up to 15 if the network is busy. Once it’s in your e-wallet, you can convert it to USD, or simply keep it stored as bitcoin for future use.
It’s not just the speed of bitcoin withdrawals that make it an appealing option—the limits for how much and how little you can draw from your bankroll are also superior compared to the other withdrawal methods. With bitcoin, you can pull out as little as $10 compared to a $50 minimum withdrawal with a check and $1,500 minimum with bank wire. As for the maximum, there’s no limit with bitcoin, whereas there’s a $2,000 to $2,500 cap per cycle for withdrawals done via check or bank wire, depending on where you rank in our rewards program.
The best way to find out if bitcoin is the ideal currency for you is to try it out and see for yourself. Our video library has a section dedicated to helping people get started with the cryptocurrency and provides step-by-step instructions on how to buy bitcoin and transfer them to your account.