With the popularity of cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH) skyrocketing over recent years, crypto has become a major deposit method at Bovada. Bovada Casino has quickly become a leader in crypto gambling, offering a wide range of games and valuable promotions for players using the digital currency. This helpful article from Bovada Casino will walk you through everything you need to know about cryptocurrency, including how it works and its benefits for online gambling. We’ll also take a look at how to make a crypto deposit and use it to play your favorite casino games at Bovada. Once you develop some basic knowledge on gambling with cryptocurrency, you’ll be ready to start having some real fun at the tables!
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What Is Cryptocurrency?
Cryptocurrency is essentially a type of digital money that is verified and recorded by a decentralized system involving millions of people around the world via the internet. This is in contrast to FIAT currencies (such as the American dollar) which are controlled by a centralized authority (the government). The ownership records for these cryptocurrencies are stored with a digital ledger, offering a more transparent process with improved security features. These virtual currencies are developed through the act of mining, a term for using computer processing power in order to solve complex mathematical problems. In turn, these miners are rewarded for their efforts with tokens.
While cryptocurrencies may not exist in the physical world, these digital assets offer real value in today’s global market. Crypto cannot be stacked up like coins or bank notes; they live online, but they can often be used the same as traditional money. Just as there are many different currencies in the world, there are also many different cryptocurrencies available. Bitcoin is far and away the biggest cryptocurrency in terms of value and market cap, with more and more businesses beginning to accept the crypto as a method of payment.
How To Play With Crypto At Bovada Casino?
Using cryptocurrency to play casino games at Bovada is easy and very rewarding. All you need is a digital wallet to get started gambling on your favorite games such as blackjack, roulette and slots with your preferred digital currency.
If you’re new to the world of cryptocurrency, not to worry, as you can get started gambling with crypto at Bovada Casino quickly and easily. Simply follow the following five steps:
Open a digital wallet. This is where you will hold of all of your cryptocurrency.Set up an exchange account, where people buy and sell cryptocurrency just like any other commodity.Using your new exchange account, purchase one of Bovada Casino’s accepted cryptocurrencies.Transfer your newly acquired crypto over to your digital wallet, where the funds can be stored securely.Go to the Bovada Casino cashier and make a deposit with your desired cryptocurrency, transferring the funds from your digital wallet to your Bovada wallet.
Once that’s done, you’ll be free to spin the slots, hit the tables and have some real fun gambling on all the most popular real-money casino games Bovada has to offer! For any further support with crypto deposits, click here. Once ready, enjoy playing all of our online casino games, including bitcoin slots!
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Benefits Of Crypto Gambling
By gambling at Bovada Casino with cryptocurrencies like Bitcoin, Ethereum and others, players can take advantage of several important benefits:
Faster Deposits – When loading your account with crypto, your funds get automatically exchanged into US Dollars and, in most cases, are available for gambling within just 60 seconds.Faster Withdrawals – Getting paid for your winnings is equally as important, and a Bitcoin withdrawal is Bovada’s fastest way to get your money. It only takes 15 minutes from the time the funds are taken from your Bovada account until they are paid out to your digital wallet.Bigger Bonuses – One of the best aspects of real-money gambling with crypto are the bonuses. Bovada offers some great promotions for depositing with digital currencies, including an industry-leading $3,750 Bitcoin Casino Welcome Bonus.Fewer Fees – When it comes to making deposits with crypto, Bovada Casino doesn’t charge any additional fees to players. There may be minor network and transfer fees, but this is still far less when compared to making a deposit with a credit card.100% Success – While some credit card companies restrict the type of deposits allowed on your account, this will never be an issue with crypto as these transactions have a 100% success rate.
What Cryptocurrencies Can Be Used?
Along with a huge variety of slots and casino games, Bovada also offers a wide range of cryptocurrencies for their players to choose from. Bitcoin and Bitcoin SV are the most popular gambling currencies for the majority of Bovada’s crypto players, but there are still plenty more options available.
Here’s the complete list of accepted cryptocurrencies you can make deposits with at Bovada Casino:
Bitcoin (BTC)Ethereum (ETHBitcoin SV (BSV)Bitcoin Cash (BCH)Tether (USDT)Litecoin (LTC)
Bovada’s $3,750 Bitcoin Casino Welcome Bonus
As mentioned above in the benefits section, Bovada’s $3,750 Bitcoin Casino Welcome Bonus is a major advantage for new players. This welcome bonus works for all your favorite games and is the perfect way to boost your bankroll at Bovada Casino.
The way it works is, new players can redeem a special bonus code on their first deposit and they’ll earn a 125% Match Bonus for up to $1,250. You can then claim this same offer on your second and third deposits also, giving you the chance to score up to $3,750 in bonus cash. ($1,250 x 3 = $3,750).
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It’s clear that crypto is here to stay and the digital currency has already had a major impact on gambling at Bovada casino. Always ahead of the curve, Bovada Casino is your best bet for crypto gambling, giving players a host of deposit options and tons of great perks to keep things exciting. If you are new to Bovada, then make sure you sign up today. Once signed up, you can begin playing all of our online casino games including Hot Drop Jackpots, online slots and more!