If you like to play poker online for real money, you might consider using Bitcoin for that purpose. In this article, we will give the brief characteristics of the best platforms that accept cryptocurrency and sum up the advantages of this payment method. Also, you might want to visit https://pebwallet.com/mobile-casinos/ to find worthy online casinos and top poker apps. This site shares the lists of the most reputable projects and gives valuable recommendations to newbies and seasoned gamblers.
Bitcoin Poker: What Is It?
Bitcoin (BTC) is the first-ever digital currency. A decade ago, it was a cutting-edge innovation. Now, it is an established payment method for diverse digital projects. Online casino players eagerly use BTC to top up their deposits and withdraw the winnings. This payment method is quick and secure. Once you get used to it, it becomes very easy to carry out transactions with Bitcoin.
You can acquire BTC at a crypto exchange using fiat money. To store it, you can choose between an online or physical wallet. The latter is also known as «cold» and it resembles a USB device. Each wallet has its unique address that you can use for financial transactions — including your poker deposits and withdrawals. BTC is available to customers from all over the world, so you should not worry about the conversion fees.
Bet Online Application
When you enter this site, it suggests you should scan a QR code to download its app for Android or iOS. If you are planning to make stakes from a computer, you will be required to install a desktop app. This brand has been around since 1991 and it specializes in casino games and sports betting too. Cryptocurrency users can receive lucrative bonuses here. At the moment of writing this review, newbies were entitled to a 100% match bonus for their initial cryptocurrency deposit if they inserted a promo code. Then, they could receive a 35% bonus for further reloads.
SB Poker Mobile and Desktop App
This site resembles the previous one: it immediately invites you to download its mobile or desktop app. You can check the tournament schedule and after you take part in a game, submit your feedback to the managers. Numerous advertising banners encourage players to participate in competitions with enormous prizes. When you check the hall of fame, you see the nicknames of the luckiest participants and their achievements, which also serves as a top-notch motivation.
The Americas Cardroom Platform
This one was launched in 2001 and was initially promoted as MyPokerNetwork. During the first decade of its existence, it had to frequently change its development plans and target audience to cope with the increasing competition and the updates of the U.S. legislation. Finally, in the 2010s, the project has solidified its positions in the American poker market. In addition to online tournaments, it hosts land-based events.
This platform stands out from the rest because its managers stick to the Scrum Agile principles that are typical of the IT sphere but not of gambling. It allows them to be more productive and cater more efficiently to the tastes of their customers.
The SwCPoker Project
This project emphasizes its following merits:
- it guarantees the maximum anonymity;
- the rake is low;
- tournaments take place daily.
Newbies can read exhaustive information about Bitcoin right on the main page, without making excessive clicks. This project was among the first to combine online gambling with cryptocurrency. The design of the site looks intentionally outdated, its pixelated graphics as if it has not changed since the 1990s.
Other Sites That Are Compatible with Bitcoin
In addition to the above-listed projects, you might consider trying the following ones:
- Blockchain Poker;
- Juicy Stakes;
- Ignition Poker.
Blockchain revolutionized the gambling sector because it eliminates the risk of fraud. All the operations and transactions are saved in its history forever and anyone can check them at any moment. This history cannot be erased or modified, so players can be sure that the game was 100% fair.
When picking a platform, make sure it is legit and licensed. Even though Bitcoin is not controlled by any national government, the poker app itself should be regulated and accountable to the local authorities.
How to Withdraw Prizes Received in Bitcoin?
The procedure does not differ too much from using the more conventional payment options:
- Log in to your account on the poker platform.
- Proceed to the Cashier section and select the desired payment option.
- Indicate the necessary sum and request a withdrawal.
The administration will need some time to process your request. If you withdraw funds for the first time or try to cashout a large sum, the moderators might ask you to verify your personality by sending them a scan of your ID, passport or driving license. They have a right to ask for additional proofs too, such as a scan of your bank statement, a utility bill or your selfie with one of the documents.
The speed of carrying out financial transactions in the Bitcoin network depends on how busy this network is. Normally, you should receive your withdrawals within a few hours and deposits are instant. The network charges commissions for the transactions — and your poker platform might take its fees too. If compared to more conventional payment options, cryptocurrency withdrawal might offer higher maximum withdrawal limits or feature no maximum limits at all. If you hit a big win, you might be allowed to cashout it in one go.
Playing poker with Bitcoin is an amazing alternative to conventional gaming sites. Thanks to cryptocurrency, you can easily separate your casual budget from the funds that you can afford to spend on stakes. Your payments will be quick, secure and anonymous. You can resort to additional bonuses that poker apps offer to cryptocurrency users. Modern Bitcoin wallets have intuitive interfaces, so it will take you just a few minutes to figure out how they function.
The views, the opinions and the positions expressed in this article are those of the author alone and do not necessarily represent those of https://www.cryptowisser.com/ or any company or individual affiliated with https://www.cryptowisser.com/. We do not guarantee the accuracy, completeness or validity of any statements madewithin this article. We accept no liability for any errors, omissions or representations. The copyright of this content belongs to the author. Any liability with regards to infringement of intellectual property rights also remains with them.