Looking to make your first deposit at a crypto casino but not sure where to start? There’s no need to worry, as at mBitcasino, it’s easier than you think. Just to make sure your deposits go without a hitch, we’ve put together this step-by-step guide.
Whether you’re new to crypto blogs or an experienced trader, you’ll learn how to easily load your mBitcasino account with your preferred cryptocurrency. You’ll soon enjoy their benefits, such as faster transactions and enhanced security, while the transactions offer complete anonymity compared to traditional payment methods.
Plus, you might just unlock some fantastic bonuses along the way!
Ready to get started? Let’s walk you through how to deposit at a crypto casino.
Why Use Crypto to Deposit at Online Casinos?
Many players have made the switch to cryptocurrencies for online casino deposits. It’s easy to understand why when you consider the many benefits cryptos have over traditional fiat payment options.
- Faster Transactions: Your crypto deposits are processed instantly and take no more than a few minutes to hit your casino balance. That’s great compared to bank transfers and other fiat options, which are expensive and can take days to complete.
- Anonymity and Privacy: They also provide more privacy, as you don’t need to share your personal banking details with the online casino. You can deposit anonymously while keeping your financial information safe.
- Lower Fees: Thanks to cryptocurrencies, you no longer have to worry about the hefty transaction fees of credit cards and eWallets. You just have to pay a small network fee, which differs depending on the cryptocurrency.
- Enhanced Security: Cryptocurrencies are also more secure than many fiat payment methods. Transactions across a blockchain are tamper-proof. Plus, you can enable two-factor authentication for added security.
- Exclusive Bonuses: We offer big welcome bonuses and cashback rewards for crypto players. Other bonus deals to look out for include free spins and reload bonuses.
Step-by-Step Guide on How to Deposit at a Crypto Casino
We have a straightforward deposit process at mBitcasino. You just send the amount of your chosen cryptocurrency to the uniquely generated wallet address. Just remember to consider claiming a bonus offer before making your deposit.
This is how to deposit at a crypto casino:
👉 Step 1: Get a Crypto Wallet
- First, you need a reliable crypto wallet to store your cryptocurrencies. You can opt for trustworthy hot wallets (online), such as MetaMask or Trust Wallet, or go for secure cold (offline) wallets like Ledger or Trezor.
- Next, set up and secure your wallet. We recommend using two-factor authentication for an extra layer of security. Furthermore, make sure you store your private keys securely.
👉 Step 2: Buy Cryptocurrency
- Using credit cards and other fiat payment methods, you can purchase cryptocurrencies at reputable exchanges, including Binance, Coinbase, and Kraken.
- Once you’ve purchased your cryptocurrency, transfer it to your wallet.
👉 Step 3: Create a mBitcasino account
- Register an account at mBitcasino. It takes just a few seconds.
- Go to the cashier or deposit section when logged into your account.
👉 Step 4: Select Your Preferred Cryptocurrency
- Select the cryptocurrency you want to deposit. Usually, you can choose from BTC, ETH, LTC, USDT, or other supported coins.
- We will generate and provide a unique deposit address for you to send your transaction.
👉 Step 5: Send Crypto from Your Wallet to the Casino
- Copy our deposit address and paste it into your crypto wallet or scan the QR code. Double check to make sure the address is correct.
- Enter the amount you want to deposit, taking into account any minimum and maximum limits. When happy, confirm the transaction.
- Wait for blockchain confirmation and the funds to arrive in your mBitcasino account. Transactions are usually completed within minutes.
👉 Step 6: Start Playing!
- Your balance is updated instantly once the deposit is confirmed.
- With your account funded, you can start playing crypto casino games and enjoy fast withdrawals and exclusive promotions.
Top Cryptocurrencies for Casino Deposits
Many crypto casinos accept a variety of cryptocurrencies for deposits due to their fast transactions and low fees. Some will stick to the most common, while others will also support various altcoins.
- Bitcoin (BTC): Understandably, Bitcoin is the most commonly supported coin at crypto casinos. As it is widely available and offers high security, it is a great option for those new to crypto slots.
- Ethereum (ETC): Another popular option with crypto casino players is Ethereum casino. It is known for having faster transactions than Bitcoin and for its smart contract functionality.
- Litecoin (LTC): Commonly accepted at the best crypto casinos, Litecoin casinos comes with lower fees and quicker processing times than Bitcoin.
- Tether (USDT): Pegged to the USD, Tether is a stablecoin that avoids the price volatility of other cryptos. It is a good option for those new to crypto or who want to avoid big fluctuations in its value.
- Other Altcoins: We provide flexibility by supporting various other altcoins, such as Cardano for cardano casino!
Crypto Casino Deposit FAQs
Is depositing with crypto safe?
Deposits across a blockchain are tamper-proof, ensuring your funds always reach your casino balance. Plus, unlike credit cards, crypto transactions do not have chargebacks due to the decentralized nature of blockchains.
What is a crypto casino?
Well, a crypto casino is a lot like a standard online casino, except for the type of money players use. While a traditional online casino uses government-issued money (aka “fiat” currency, like dollars or euros) casino cryptocurrency players use Bitcoin or a similar digital coin.
Are there deposit limits?
Yes, we set minimum and maximum deposit limits. These differ between cryptocurrencies and are usually made clear on the deposit screen.
How long do crypto deposits take?
You’ll never have to wait long. Deposits are typically instant or within minutes. Some cryptos are quicker than others, but they’re all pretty fast.
Can I claim bonuses with crypto deposits?
We have many bonuses and promotions lined up for our players. You can expect to come across match deposit bonuses, free spins, and cashback. Always check the T&Cs first to ensure you understand the bonus rules.
What if my deposit doesn’t arrive?
The first step is to check the blockchain explorer to see the status of the transaction. In the event that it shows the transaction has been confirmed but has not appeared in your casino account, it’s time to contact the casino’s support team.
Start Depositing at Our Crypto Casino Today
Depositing with crypto allows for faster and cheaper transactions that are secure and anonymous. You do not have to share sensitive banking information and are not subject to the limitations of fiat payment methods. Furthermore, you can choose from a wide variety of cryptos that each offer their own strong points.
Now that you know how to deposit at a crypto casino, maybe you’re ready to try it here at mBitcasino. Visit the mBitcasino deposit page to get started. Don’t forget to check out deposit bonuses and promotions first, as you’ll find offers like our casino welcome bonus worth 100% up to 1 BTC and100 free spins!