Bitcoin and online poker are a perfect fit as BTC enables instant and feeless transactions. In the following article we explain how to use Bitcoin and other cryptocurrencies for online poker.
What is Bitcoin?
Bitcoin is a digital currency in which encryption techniques are used to regulate the generation of units of currency as well as to verify the transfer of funds.
The currency is operating independently of a central bank, means there are no controls of financial institutes.
This video will help you get a beginner’s understanding of bitcoin:
Why Bitcoin is perfectly suited for online poker?
The answer to this is easy. Bitcoin is the best, while safest, quickest and cheapest way to transfer money to or from an online poker room.
Bitcoin can be transferred in minutes, compared to eWallets or bank transfers, which take a couple of days or cheques that can even take several weeks.
In addition to that, there are no fees, so you can save a lot of money using Bitcoin.
How to buy Bitcoin?
It’s much easier than people think. All you have to do is to get yourself a Bitcoin wallet, connect it to your bank account and you can buy and pay with Bitcoin.
Simply follow these five steps:
- Sign up for a Bitcoin wallet.
- Connect Your Bank Account to your Bitcoin wallet.
- Buy and Sell Bitcoin at a broker such as Coinbase or Binance.US
- Deposit Bitcoin instantaneous and feeless to a Bitcoin Poker Site
- Or even play in Bitcoin on a crypto poker site such as CoinPoker.
The best Bitcoin online poker sites
CoinPoker
CoinPoker is by far the best Bitcoin and cryptocurrency poker site as four different cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Tether (USDT) and CHP serve as in-game currencies.
On top of that the biggest cash games in the world featuring the likes of Wiktor “limitless” Malinowski, Tony G or Leon Tsoukernik are currently running on CoinPoker.
EVERYGAME Poker
EVERYGAME Poker (formerly known as Intertops) now also accepts Bitcoin withdrawals and deposits for its players!
This US-friendly site is the flagship skin of the Horizon (formerly Revolution network) offer a massive deposit bonus of 200% up to $1,000.
Terms and conditions apply. New customer offer and 18+ only. Should you require help regarding your betting pattern, please visit www.begambleaware.org
