If you’re familiar with our crypto casino, then you’ll be well aware that Bitcoin is one of the most popular coins there is. But do you know about how to play on a crypto casino like Ozoon? Let’s start with the basics, shall we?
What is Bitcoin?
Bitcoin is the most popular crypto currency to stash in your digital wallet. Think of it as online cash that you can only use it in certain places. There’s no way your local supermarket accepts it, but a crypto casino does.
You can send crypto to other people or spend them in certain places. Every single transaction is stored in a public list, called a blockchain.
Benefits of Depositing With Bitcoin
Why should you use them?
- Less fees: You might have to pay a small fee for deposits and withdrawals, but there are none of the steep fees you get from conventional banks.
- Stay anonymous: Avoid ‘the big guy’. Or, any other guy, really. There’s no middle man with Bitcoin. The giver and receiver deal directly. No outside approval needed.
- High security: Think: non-traceable. Your Bitcoin purchases get lost in the wilderness once you spend them.
- Mega easy: You can make Bitcoin payments anywhere you have internet access. If you’re in Canada, that shouldn’t be any trouble. You don’t even need personal info like you do with bank or card payments.
How to Get Started With Bitcoin
Before you visit an online casino that takes Bitcoin, you need to get your hands on one crucial thing: Bitcoins.
Then you need a Bitcoin wallet and a friendly visit to a Bitcoin exchange.
Bitcoin Wallet
A Bitcoin wallet is a piece of software that’s used to store Bitcoins, like a bank account.
The most popular ones are BRD, Jaxx, and Mycelium.
The app or website stores the codes and security keys, so it’s easy for you to access.
It’s not all rainbows and sunshine, though. Since it’s an online wallet, they’re unfortunately open to shady business. AKA hackers.
If you want to avoid that sort of thing, you could always get a hardware wallet, which is basically a Bitcoin wallet on security steroids.
And believe it or not, there is no known incident of Bitcoin hardware being hacked. AND they’re immune to viruses.
So, Bitcoin wallets are winning the internet. Kind of.
Bitcoin Exchanges
A bitcoin exchange is basically a trading station for cryptocurrency.
There are lots out there, but Kraken and Coinbase are two of the most popular. This is where you buy your Bitcoins. You buy them with debit/credit cards, then transfer them to your wallet.
Those are the basics. Let’s dig into how to actually use Bitcoins.
Bitcoin Casino Bonuses and Promotions
That’s the dry stuff out the way, so now it’s time for some fun. There are plenty of online casinos that accept Bitcoins out there, and there are plenty of Bitcoin rewards to try.
And Ozoon has bonuses and promotions in spades.
Bitcoin online casinos can be put into the following categories:
- Regular: Basically a standard online casino that accepts Bitcoin. The big plus here is that you get the same range of games as a regular online casino. Which can’t always be said for…
- Bitcoin-specific casinos: These are more limited with their games. They do have one huge perk, though – instant payment. Instead of waiting 48 hours or more like at regular casinos, online Bitcoin casinos payout directly to your wallet. No wait time.
As for Bitcoin promotions, most of them offer the same kinds of Welcome bonuses and Free Spins that the regular casinos do. Unless your name is Ozoon, and then you’ll offer bitcoin promotions as vast and free as Canada herself.
Easy As 1-2-3
Bitcoins can be pretty confusing. A lot of people are even sceptical of the entire concept of digital currencies. But honestly, once you try it for the first time, it’s pretty simple.
- Get yourself a wallet
- Visit an exchange
- Play at online Bitcoin casinos and sweep up Bitcoin promotions