The ultimate bet is Bitcoin becoming mainstream. You can now take your Bitcoin gains, and spread them among your favorite card and game of chance games. Find out more about crypto gambling and how to get involved.
How to Gamble with Cryptocurrency
Two ways you can gamble with cryptocurrency are available:
Bitcoin gambling sites that accept crypto deposits directly from your cryptocurrency wallet. Use the BitPay Card for crypto conversions and cash withdrawals at any casino or gambling site.
Online Crypto Casinos - Gamble
No US-based casino accepts cryptocurrency at this time. You will need an online crypto casino if you wish to gamble directly with cryptocurrency. Numerous crypto gambling websites offer the same games and odds that traditional casinos as well as favorable match on deposits. To transfer and hold your crypto, you will need a secure cryptocurrency wallet before you can get started. BitPay's non custodial crypto wallet has industry-leading security features. It also offers an intuitive interface that makes it easy to send and buy coins. This makes it one of the best crypto wallets available for gambling.
How to gamble at online crypto casinos
Select your crypto wallet. Choose your preferred cryptocurrency. Go to an online casino. Play your favorite games. Before you gamble online with crypto, it is important to check the laws in your area.
Use the BitPay Card to gamble with cryptocurrency
You can gamble with crypto anyplace you like using the BitPay Card
The BitPay Card is the best choice if you are looking to play crypto and want more freedom in where you can gamble. The Bitcoin debit card functions in the same way as a traditional debit card. To cover gambling expenses, you can use funds from your bank account instead. You can use the card anywhere Mastercard is accepted, including online casinos and physical gambling sites. You can load and spend as much as $10,000 per day. The card can be used at ATMs around the globe to convert crypto into cash. Roulette? Check. Texas Hold em? Absolutely. Baccarat? Yes. You can use the BitPay Card to gamble as you please.
Only crypto card that is suitable for high-rollers
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Responsible Gambling with Crypto
Cryptocurrency is digital. However, you should treat crypto gambling the same as traditional money.
Never give your keys to your crypto wallet to anyone! BitPay Wallet is not custodial. This means that you and only you have access to it. BitPay cannot restore access if your keys are lost or stolen.
Bonus: Sports betting
Did you know you can place sports bets using your crypto coins in addition to gambling? You can bet on fights, football, and other sports. Our complete guide to Bitcoin betting.
FAQs about Crypto Gambling
Are crypto-gaming safe? Traditional gambling is also at risk when it comes to crypto gambling. To limit your risk, make sure you keep your crypto wallet keys secure.
Is cryptocurrency gambling legal? It is not legal to use cryptocurrency to gamble. This varies from one region to the next. Before you gamble with cryptocurrency, it is important to check the laws in your area.
What are the best games to gamble on? You can use Bitcoin or other cryptocurrency to play your favourite card games such as poker and blackjack, plus other casino games such as roulette and craps, wherever legal.
Which cryptocurrency coins are available to gamble? There will be a variety of coins that are accepted by online casinos. BitPay accepts Bitcoin, major alt coins and tokens as well as stable coins. We continue to evaluate and add new coins. Currently, we support Bitcoin (BTC), Ethereum(ETH), Bitcoin Cash/BCH), Dogecoin [DOGE], Shiba Inu [SHIB], Litecoin (“LTC”)), Dai” (DAI), Binance USD ($BUSD), USD Coin ($USDC), Wrapped Bitcoins (WBTC), Pax Dollars (USDP) and Gemini Dollars (GUSD).
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By: The BitPay Team
Title: Your Guide to Crypto Gambling
Sourced From: bitpay.com/blog/your-guide-to-crypto-gambling/
Published Date: Tue, 28 Dec 2021 17:00:09 GMT
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