Check out the new Slotocash Crypto Guide for a comprehensive look at how you can play online with crypto. Today’s cybercurrency options allow you to play real money games with lower service fees, faster service, more privacy, more favorable conversion rates and a higher level of security.
This guide gives you the basic information that you need to buy the alternative digital currency coins that you want, add those coins into your personal cyber currency ewallet, transfer coins to your casino account for your betting activities, make casino deposits and withdraw your funds back to your ewallet or to any other form of ebanking institution that you prefer.
If you’ve been avoiding using cryptocurrency because it’s unfamiliar or seems unwieldy, this is the guide for you. You’ll be able to place bets and withdraw winnings quickly and easily by following our step-by-step SlotoCash Guide’s instructions.
Why Crypto?
Prehistoric man made monetary transactions through barter. As time passed, it became clear that some goods and services were worth more than others which led to the introduction of coins made of precious metals. Eventually, the coins themselves became valued which led to the introduction of paper money whose value was comparable to the coins.
Over the last 50 years, new forms of banking evolved which involved bank-issued credit and debit cards. The introduction of the Internet in the 1990s led to Internet banking using wire transfers, echecks, evouchers and ewallet transactions.
The concept of a global digital currency that wouldn’t be linked to any one government or financial institution was launched in 2009. Bitcoin was the first cryptocurrency and it remains the most popular but there are other digital currencies operating today including Litecoin, Bitcoin Cash, Lightning Bitcoin and dozens of others.
Users appreciate crypto because the medium of exchange takes place through a computer network, meaning that it is not reliant on any central authority such as a bank or a government. Today it’s considered as being its own asset class.
Almost 7% of the world’s population uses crypto today but not everyone is on board. Some are worried that it will be too complicated to use while others worry about its stability.
SlotoCash casino is making it easier than ever for you to explore crypto because, once you understand how it works, what it offers and how you can optimize its use, you’ll be able to enjoy a more engaging and interactive casino adventure.
Crypto Casino
Thanks to Slotocash’s Crypto Guide plus its series of written and video tutorials, it’s easier than ever for you to benefit from cybercurrency payment options when you play real money games.
SlotoCash now accepts Lightning Bitcoin, Bitcoin, Bitcoin Cash, and Litecoin digital currency transactions to ensure that you’ll enjoy enhanced privacy and security with encrypted and decentralized transactions.
All crypto transactions are anonymous and highly secured which means that you won’t be sharing sensitive financial or personal information about your gaming pastime. The risk of identity theft or fraud is reduced and your financial transactions are safe.
Withdrawing your winning payouts is also easier with crypto. The withdrawal process takes hours, instead of days as can happen when you use other forms of ebanking. Your transaction fees are less which means that more of your prize money stays in your pocket. You can facilitate all of the needed transaction verification documents quickly without any requirements for personal or financial documentation.
Simply show proof that you are 18 years of age or older. That, together with your email address and casino user ID will ensure that you can make deposits and withdraw your money from wherever in the world that you want, to be used for future crypto payments or converted to any preferred currency.
Casino Guidelines for Crypto Transactions
The Crypto Guide shows you how you can make crypto transactions in three easy steps.
- Buy Your Bitcoin – navigate to a currency exchange on your PC or mobile device and buy your coins. You’ll want to find an exchange that also functions as a wallet so that you can both buy and sell crypto in one location. Register by filling out the registration form and confirming the new account via a code sent to your mobile device. Start out by buying a few coins and then buy more as you need.
- Set up your Exchange account and indicate your preferred payment method so that you can start buying cybercoins. You can buy your coins through your bank account or your credit card. As soon as your cybercoins are available in your ewallet you’ll be able to track your credit on your Exchange website’s dashboard.
- Link your ewallet to your Slotocash account on the “Cashier Page” or when you click “deposit” on your first game bet. Indicate the type of crypto that you want to use and choose how much you want to wager. Enter that amount, click “next” and wait for an address to display. You need to copy that address into your Exchange “Recipient Box” which you can find on the Exchange dashboard. Click “Pay” and the amount that you submitted to the SlotoCash cashier. Click “Send.”
Now the Crypto Exchange will list SlotoCash as one of your preferred banking locations so you can continue to fund your casino account whenever and from wherever you want.
Transfers can take up to 2 hours to be confirmed (but it's usually within minutes), after which the money will be available in your Slotocash account. When you’re ready to facilitate a withdrawal, you can withdraw payouts into your cyber ewallet within minutes.
