Want to start your journey at one of the Bitcoin casinos in Australia? Then our guide will help you earn on the best online bitcoin pokies or table games, receiving winnings in cryptocurrency. Managing digital money is not as difficult as it seems at first glance. Let’s break down all the steps to make your first deposit on an online gambling site.
Choosing an Online Casino with Bitcoin
Before you start playing, you will need a secure cryptocurrency casino that meets your needs. To do this, visit reputable forums, ratings, or other fan resources where you can find safe and verified casinos like BC.Game or Razed.
Set Up Your Account
This refers to completing the registration stage at a Bitcoin casino, where you will need to enter your email address and create a strong password to protect your digital assets. Sometimes portals require full registration, where you cannot do without entering confidential data such as your first and last name, residential address, and date of birth. Such clubs may request a KYC procedure before allowing access to casino games.
Buy Cryptocurrency
To make a deposit with Bitcoin, you need to have it, right? The same applies to other cryptocurrencies, including Ethereum (ETH), Tether (USDT), or Cardano (ADA). Special crypto exchanges like Coinbase or Binance are used to purchase digital money. However, some online casinos offer their own methods for acquiring crypto directly from the Cashier.
Deposit Money into Your Crypto Wallet
Now, you deposit with Bitcoin into one of the available types of crypto wallets for further storage and use. Keep in mind that many crypto exchanges offer a built-in wallet that is not particularly secure and is controlled by third parties. If your exchange is hacked, you will lose the funds in your account. Therefore, it is better to use the following types of crypto wallets:
Criteria | Hardware Wallets | Software Wallets |
Definition | Physical wallets in the form of USB drives, storing crypto offline | Special software for storage that needs to be downloaded and installed on a PC or mobile gadget |
Security Level | Maximum security due to no constant internet connection | Average security due to constant internet connection |
Best Options | Trezor Model T, Ledger Nano S Plus | Exodus, Mycelium |
What is it for? | For long-term storage of cryptocurrency | For working with frequent money transfers |
To deposit at a casino in Australia, you need to visit the corresponding category:
- Cashier
- Deposit
- Top Up, etc.
Usually, this button is placed in a prominent spot, for example, in the upper right corner or on the left-hand menu.
Choosing a Cryptocurrency
If you plan to deposit with Bitcoin, you need to select this cryptocurrency for the subsequent payment. Most often, gambling sites offer 5-10 options for digital wallets. But before you start playing on crypto sites, make sure they support the digital currency that is convenient for you. This is because not every casino accepts BTC or USDT.
Also, analyze the Bitcoin casino for the presence of fees. Given the decentralized nature of digital currencies and the absence of intermediaries in payment operations, many platforms do not charge commissions for deposits. However, there are Bitcoin casino sites that intentionally set taxes to earn additional income. This also affects transaction speed, leading to payment delays.
Generate an Address for a Crypto Deposit in a Casino in Australia
Every Bitcoin casino in Australia creates a unique wallet address for the player in their account or Cashier section. This address is an alphanumeric sequence through which payments are made. Click “Generate address” or use the QR codeto proceed to payment for playing casino games.
Deposit Money from Your Crypto Wallet
You are almost at the finish line on the online gambling site, with only a few steps left to deposit digital funds. Our experts have studied hundreds of crypto sites to prepare a universal guide for making a deposit:
- Log in to your wallet: Access your hardware or software wallet to make deposits to Bitcoin casino sites. In the first case, insert a USB drive into your laptop to connect the device to the internet. In the case of a software wallet, log in to your crypto exchange.
- Start the money transfer: The player needs to find the “Withdraw” or “Send” button in the crypto wallet settings. After that, you will see a choice of cryptocurrency options for topping up your account at a Bitcoin casino in Australia. Don’t forget to select the network before proceeding.
- Specify the crypto wallet address of the online casino with Bitcoin: To do this, log back into your chosen casino and copy the address that was generated for you. Paste it into the field in your crypto wallet and carefully check the address because if there are errors, the money will go nowhere with no chance of getting it back.
- Select the transaction amount: To top up your account on crypto sites, you need to decide on the amount you will play with. Therefore, check the characteristics of the chosen brand, where the minimum and maximum deposits are indicated in the banking section.
- Confirm the money transfer: Before confirming the deposit to your Bitcoin casino in Australia, check the list with the address, amount, and network one last time. This will save you from wrong entries with the chance of losing money.
- Click “Send”: After this, the money is transferred to the Bitcoin casino site after your confirmation with a PIN code, Face ID, or Touch ID on your mobile device.
Expert Conclusions
As seen, depositing cryptocurrency to play casino games is not as difficult as it seems. Moreover, any crypto exchange like Binance is suitable for carrying out the operation. You won’t have to search long for a place to store cryptocurrency, receiving all the privileges of anonymous online gambling with a high level of security thanks to blockchain technology.