Bitcoin has gained a lot of media traction during the last few years, and for a good reason: Besides being a revolutionary form of money, crypto is the fastest vehicle for funding your online gaming account and start playing right away. With bitcoin and crypto poker, there is simply no need to deal with common frustrations & limitations that credit cards and bank deposits can bring you. Although some countries can be quite restrictive than others in crypto usage, the scenario of more and more online poker sites, casinos and bookmakers adopting crypto as a payment gateway in the near future seems very likely. Cryptocurrency poker is here to stay!
Crypto was initially built to overcome the weaknesses of the so called fiat monetary system that is used all over the world. Cryptocurrencies are based on a technology called blockchain, which is basically a decentralized system that enables total transparency with incorruptible digital ledger for recording transfers and balances. In most cases, cryptocurrencies are built on a distributed ledger and traded on multiple exchanges and decentralized platforms. Bitcoin is the most famous of cryptocurrencies, while there are thousands of different digital tokens, coins and virtual assets that can be classified as crypto money.
In case you’re relatively new to Bitcoin poker and are a bit unsure how to get started with using cryptocurrencies for playing in a poker game, you’ve come to the right place. We have put together this guide to help you go through the process of acquiring bitcoin and depositing it for playing online poker. One extra perk for using crypto to fund poker accounts is the added privacy and anonymous transfers, which can be highly preferred by poker players in some countries. By following these steps, you’re well on your way to fund your gambling accounts with minimal transfer fees and no banks involved. Let’s get started right away!