Home I Poker I How to Use Bitcoin for Online Poker
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, which means there are no controls of financial institutes.
This video will help you get a beginner’s understanding of bitcoin:
The answer to this is easy. Bitcoin is the safest, quickest, and cheapest way to transfer money to or from an online poker room.
Bitcoins can be transferred in minutes, compared to eWallets or banktranfers, 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 Bitcoins.
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 three steps:
The time to buy Bitcoins has never been better as the digital currency has just hit a new record high.
The Bitcoin price is exploding at the moment and in the last year alone it almost quadrupled from $450.99 to $1,724.04!
Here is the Bitcoin price development chart by CoinDesk Bitcoin Price Index (BPI):
The Chico Network and its skins – TigerGaming, BetOnline, and Sportsbetting – are among the best options for poker players looking to deposit with Bitcoin.
When you make your first deposit on TigerGaming, BetOnline, or Sportsbetting you get an industry-leading first deposit bonus of 100% up to $2,500!
Sign up at Chico Network
Other great online poker sites that accept Bitcoin are Bodog and Ignition Poker that form the Bodog Poker Network.
Players receive a fantastic 100% up to $1,000 first deposit bonus which is credited automatically upon deposit.
Sign up at the Bodog Poker Network
Intertops Poker now also accepts Bitcoin withdrawals and deposits for its players!
This US-friendly site on the Horizon Network (formerly Revolution) offers a massive deposit bonus of 200% up to $1,000.
Sign up with Intertops
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