Bitcoin is a perfectly secure online payment option that allows Australian players to deposit and withdraw at a growing number of fully licensed Australian online casinos. Bitcoin is a decentralised cryptocurrency which means that it’s not actually controlled by or regulated by any government or financial institution. This perfectly secure online payment option is ideal for Australian players, it’s easy to use and it’s generally free to use.
When you deposit with Bitcoin at online casinos you can count on instant transactions which means that there’s no waiting around and you can therefore start playing straight away on your favourite online casino games in the real money mode. It’s also well known that you can deposit and withdraw much larger amounts when using Bitcoin. At most online casinos it’s fee to use Bitcoin, but even if a fee is incurred it will a minimal charge that’s hardly noticeable.
Most online casinos that accept Bitcoin reward players much bigger welcome bonuses compared to the standard welcome bonus offers that are offered to players who use other deposit methods such as credit & debit cards, prepaid cards and e-wallets, which is a great reason to use Bitcoin and some of the biggest Bitcoin welcome bonuses are worth thousands of dollars. Once you have registered a free account at any of our top-rated Australian online casinos, head to the cashier and then click on the Bitcoin deposit option.
Bitcoin deposits can be made at our featured online casinos using either a desktop or laptop computer or mobile device and purchasing your first ever Bitcoin doesn’t take long. However, if you haven’t already got a Bitcoin wallet you need to start by opening a wallet from a regulated exchange and getting one is really easy. This is the place where your Bitcoin balance is stored until you are ready to make a Bitcoin transaction. You can download a Bitcoin wallet directly onto your smartphone or tablet device directly from the app store, or on to your PC from a number of exchanges. These wallets are user-friendly with enhanced security features and there are lots of recommended ones out there.
Two of the most notable exchanges for Aussies include Bit Trade Australia and CoinJar, plus you can also find several others such as Kraken and Coinbase You can purchase Bitcoin using a credit or debit card, or by direct bank transfer, and don’t forget that although regulated exchanges are safe, most require some kind of photo ID to create an account with them. This could take a while to verify your details and this is why it would be a good idea to set up a Bitcoin wallet prior to signing up to one of our casinos. As soon as you’re done you can use your Bitcoin straight away to make instant purchases.
All you need to do is follow the simple onscreen instructions to make your Bitcoin deposit and when you are ready to send your Bitcoin you’ll need to copy & paste your wallet address into the required section with the correct amount and then just hit send when you’re ready. There are step by step guides for you along the way, so don’t worry about a thing. Making a Bitcoin withdrawal is just as easy as making a deposit and a confirmation message will always appear on the screen for you to let you know that your funds are on the way.
To use Bitcoin you will need to download software onto your computer, but this takes just seconds to do and the software is perfectly secure. If you don’t like downloading things on to your computer then this is the only reason why Bitcoin might not be the ideal banking option for you, but for any other Aussie players this is a reliable method that we can definitely recommend for you.