Paste that address in your LBTC wallet to transfer your funds to your Bovada account. Return to the tab or window where Bovada is open and click ‘ I SENT MY BITCOIN ’ to confirm the deposit. Transfer of LBTC to your Bovada account can take approximately 30 minutes to 1 hour. Select the cryptocurrency you purchased from the deposit options (BTC or BCH) to generate both a cryptocurrency address Inside your Bitcoin Digital Wallet, press ‘Send’. Scan the QR code or Copy/Paste* the address generated from the Bovada cashier page to the field provided in your wallet. You can fund your Bovada account with any of the available deposit methods in your account. You have options to deposit through cryptocurrency, a Voucher code, most major credit cards, and select Visa or MasterCard gift cards. Prior to purchasing a Visa or Mastercard Gift Card, make sure that it is good for ' International and Online Purchases '. NOTE: Deposit methods may vary from account to .
How to deposit bitcoin into bovadaHow To Deposit And Withdraw Bitcoin On Bovada? - BitPokerStar
Bitcoin has a strong record of privacy and security, and this is evident in some degree due to its acceptance by major financial institutions and retailers.
What makes bitcoin secure is that it uses a two-key system. One key is public, but the other is known only to you. Bitcoin is gaining widespread acceptance throughout the world, so the currency makes sense for any company that caters to online consumers. It has particular appeal for U. Most importantly, since Bitcoin is a digital currency with no central institution, there are no fees or obstacles involved with using the currency.
For us players, this is huge because those saving are passed down to us! There are no transaction or deposit fees when using Bitcoin.
Bovada charges a fee when depositing via credit card, but zero fees when using Bitcoin! There are numerous bitcoin wallets and services you can choose from.
First off, you will have to buy Bitcoin. For that, we like using Coinbase. Coinbase makes buying and selling Bitcoins simple and straightforward. However, Coinbase does not allow any gambling transactions. So you cannot use Coinbase as your Bitcoin wallet for transactions with Bovada. For that, we recommend having an account at Blockchain. Coinbase has over 3. Blockchain has over 11 million wallets with customers in over countries.
Once you have a bitcoin wallet, add the wallet address to your Bovada account, and then bitcoin will be a deposit option. The next screen will show you the Bovada Bitcoin address to send your money to. This Bitcoin address is unique to Bovada. Copy the Bovada Bitcoin address and then launch your personal Bitcoin wallet. This step can be done via your desktop or your mobile device depending on what Bitcoin app you may have on your mobile.
There is a QR code you may scan with your mobile app to process the Bitcoin deposit. Another option is LocalBitcoins , a website that uses a slightly different approach than Coinmama. Instead of buying and selling bitcoin on an open exchange, they set up transactions between people who live in the same area.
This approach facilitates exchanges in person instead of working as an exchange themselves. The process is as follows:. This includes not funding any type of gambling, and they will freeze your account and your ability to make transactions if you use a Coinbase account along these lines. If you want to make a deposit at Bovada Casino using bitcoin, you cannot use Coinbase to purchase them or as a bitcoin wallet. If you do have bitcoin on Coinbase, you need to send it to your personal and private bitcoin wallet first before sending it to an online casino.
Now that you have your bitcoin in your wallet, the hard part is behind you. Ready to make your first bitcoin deposit? Go to Bovada to get started! Bovada Casino has been in operation since but the team behind them Bodog has been around since and we have been working with them since then. They are embracing bitcoin and crypto currency. One of the things that makes them so great for Americans is that they have reliable deposits and withdrawals.
My goal in this guide was to show you exactly how to make your first deposit to your Bovada account in bitcoin. Without going into a ton of detail about the mathematics and technology behind how bitcoin works, here is a breakdown of how you can use it in a practical way. First, you have a wallet for your bitcoin, which can operate like an electronic wallet think PayPal, Skrill, etc.
You can purchase bitcoin from other currenies like the US dollar based on the current exchange rate, and you can sell your bitcoin to receive other currencies in the same way. Personally, we would recommend that you use one of the free cryptocurrency wallets provided when you purchase Bitcoin from one of the major exchanges such as Coinbase , CEX. Of course, all of those serve United States citizens as well. Bovada themselves recommend BreadWallet. After you fund your wallet, you can then proceed to use it in order to deposit Bitcoin to your Bovada account.
However, when depositing for the first time you should remember to use the promotional code if you want to claim a bonus that is. You can also deposit using a credit card. That changes though when using a credit card. In that case, only the first deposit is free of charge and any subsequent ones come alongside a 5. When using Bitcoin you can withdraw once every 3 days. If you like playing with real currencies then you can make only one withdrawal per 7 days.
As this article is about how to deposit Bitcoin on Bovada we are only going to mention the Bitcoin bonuses. You should know that the Poker bonuses may not be applicable when using Bitcoin. This option comes with a playthrough of 25 times which can only be used in the casino and it applies to both the deposit and the bonus amount. The Poker rewards are based on the amount of Poker Points you earn while playing. The Poker tables are very well optimised and the way they are laid out makes playing on them an enjoyable and hassle-free experience.