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Bitcoins are 100% digital. Not a single bitcoin has been printed or minted. They are not insured by the FDIC. It's all online, and you can directly transfer, buy, or sell bitcoins using a computer or a mobile app without any middlemen. It's a lot like transferring cash digitally, but there are no credit card fees and banks involved in the process.

You have to store your bitcoins in a 'digital wallet' (or a virtual bank account) which can be on your computer or in the cloud under your name. It can be software-based, mobile-based, or web-based.

In 2020, there are more bitcoin online poker rooms cropping up everywhere. Poker sites that accept bitcoins have the same great Texas Hold'em and Omaha action as rooms taking credit cards. They're also great for real-money players who want to keep their card details safe or who fall foul of banks declining gambling payments.

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Getting Started With Bitcoins

1. Bitcoin is different to what you are used to. To get started visit Bitcoin.org and read their helpful guides .
2. Once you've read up on Bitcoin you need to select a wallet where you'll store your Bitcoins, agian bitcoin.org have a handy list of available wallets.
3. After choosing a wallet you need to get some Bitcoins, you can do this by buying from someone you know, being paid in Bitcoin or buying them from an exchange, howtobuybitcoins.info lists where to buy from. Ensure you check who you are buying from!
4. When you've got your hands on some Bitcoins, simply visit one of the sites above who accept Bitcoin depsosits and you'll be at the table in no time.

How Are They Created?

Bitcoins are 'discovered', not produced or printed. Lots of bitcoins are 'mined' using super-servers or via software installed on your hard drive. By mining them, you're helping build the Bitcoin economy, but there's a catch: there's an infinite number of coins produced, and as the years go by, we will reach a point where no more are mined.

Theoretically, therefore, the value of bitcoins will continue to go up. But as with any commodity, the value of Bitcoins can go down as well as up. In April 2020, one bitcoin (BTC) is worth $244. Just a year ago, they were worth $1200; you can see the volatility.

As well as mining, you can buy and sell Bitcoins at online exchanges or other users. (Try Coinbase.com and QuickyCoin.com as two solid exchange sites.) You agree a price then complete the transaction. From there you can make deposits at any of our top Bitcoin poker sites.

Some poker rooms that accept Bitcoins only offer games that are played in this currency; others will convert them at that day's conversion rate.

We Find the Best Bitcoin Poker Sites Online

If you're looking to 'mine' the best poker sites accepting Bitcoin in 2020, you're in the right place.

Is gambling amongst friends legal. Our team evaluates each of our poker rooms that accept Bitcoin to make sure it delivers on cashouts and customer service. As well as a solid record on transactions, it must also have good player traffic so you aren't waiting around for a table to fill.

Our careful selection has resulted in a list of the absolute best Bitcoin online poker rooms. Pick one of our great websites and get yourself the best welcome bonus around; all without using a credit card.

The best US deposit methods for online gamblers are the most famous ones: Bitcoin, American Express, Visa, and MasterCard. Most online casinos and poker sites accept payments using Visa, MasterCard, and Amex. The payment methods accepted for the major credit networks include credit, debit, gift cards, and prepaid cards. While real money online gaming sites are less likely to accept credit cards for withdrawals, Visa and MasterCard are available in some locations.

Increasingly, more sites accept Bitcoin payments. Blockchain technology makes Bitcoin, Litecoin, and Ethereum some of the safest and fastest payment methods. In this article, I’ll discuss the many payment options and suggest which are best for your gambling needs. Our subject today is deposits mainly, though I’ll provide information on payouts when some fact is notable. Let’s start with the newest deposit option: Bitcoin.

Bitcoin Deposits

Bitcoin is both a currency and a payment method. As you probably know, Bitcoin is the most famous and popular crypto-currency used for online casino deposits. Depositors who use the virtual currency uses blockchain technology to provide safe, anonymous, and verifiable betting deposits. Anytime a bitcoin transaction is made, the information is added to the blockchain. Because the code used for an individual transaction is unique, your payment information cannot be stolen over the Internet. Identity thieves simply cannot fake your Bitcoin code. This allows online gaming operators to send payments using Bitcoin faster than otherwise possible. View all Bitcoin poker sites here

To buy bitcoins for use online, you’ll need to go to a bitcoin exchange. This is where you convert US dollars or other traditional currencies into bitcoins. Dozens of bitcoin exchanges exist. Some of the most famous exchanges are Coinbase, BTC-e, Kraken, Bitstamp, Bitfinex, Cryptsy, BTCChina, and Bitcoin Source. This is an essential part to using bitcoin deposits at an online casino, sportsbook, or poker room, but you’ll need to pick a bitcoin wallet before buying bitcoins.

Online Poker Sites That Accept Bitcoin

To make bitcoin deposits, you need to choose a bitcoin wallet. This acts like a credit card, bank institution, or web wallet would, holding your currency and moving it to and from the online gambling site. Top bitcoin wallets include Mycelium, Breadwallet, Electrum, Bitcoin Core, Bitcoin Knots, ArcBit, Green Address, Armory, and Bither. Many sites tell players their preferred 3 to 6 bitcoin wallets, which work best with their cashier.

Visa Deposits

With the possible exception of China’s UnionPay, Visa is the biggest credit card network in the world. Many online gamblers prefer to make deposits with their Visa credit card, because it boosts their purchases and generates a lot of rewards and cashback for their Visa account. In that way, online bettors can double their rewards, through the online casino promotions and their own credit card rewards program. Online casinos offer welcome bonuses and most have a VIP rewards program. Combined with Visa Rewards, these are two powerful ways to lower the house edge when betting online. View all Visa poker sites here

Visa depositors have several other options. Visa Debit and Visa Electron are popular payment methods for players who don’t want to expose their credit line to potential identity thieves. The online casinos we review are top-of-the-line sites which use advanced 128-bit encryption and SSL certificates to protect your information. Still, Visa Debit and Visa Electron are popular payment methods. Visa Buxx is not used as a deposit option much, because many online gambling sites accept payments from players 21 and up. I do want to discuss another type of Visa program, which deserves special attention.

Prepaid Visa Deposits

Visa Prepaid Card is a reloadable debit card. Prepaid cards are safer than credit cards, because of the limited amount of cash on them. They have worldwide functionality, because of their association with Visa. Prepaid cards can be reloaded online, over the phone, or by ATM machine around the globe. Also, you don’t have to worry about paying a bill at the end of the month or going into debt. People 18 and up are accepted without regard to credit rating, because it’s a prepaid debit card. View all Prepaid credit card sites here.

A lot of prepaid Visa cards exist, associated with one prepaid company or another. Examples include GreenDot Prepaid Visa and MyVanilla Prepaid Visa. You can either go to the Visa website to buy a Prepaid Visa Card or buy one at a retail store like Walmart, Target, CVS, or Walgreens.

MasterCard Deposits

MasterCard is the second-largest credit card network in the United States and beyond. MasterCard deposits are accepted at all legitimate online casinos, bookmakers, and poker sites. I’ve noticed that MasterCard is used as a withdrawal method less often than Visa is worldwide, but neither are likely options as withdrawals to US players. Despite that, MasterCard is a favored payment method, because of the similar cashback and incentives offered through MasterCard rewards programs that I described in the Visa section above.

MasterCard has its own debit, prepaid, and gift card programs. MasterCard Maestro is the current debit card program, though you might encounter older brand names like MasterCard Switch or MasterCard Solo in some locations. Those who prefer prepaid cards will find GreenDot Prepaid MasterCard or MyVanilla Prepaid MasterCard, which are sold at major retail outlets across the United States. View all Mastercard poker sites here.

Amex Deposits

Poker Websites That Accept Bitcoin

American Express is a popular deposit method at many US-friendly online casinos. You won’t find Amex as a deposit method at quite as many online gambling sites, but hundreds upon hundreds of gaming sites do allow American Express. Amex deposits are free, instantaneous, and safe. American Express is world famous for having the best rewards program of all the major credit cards, while it handles bigger transactions than many Visa and MasterCard cards. If you are an American high roller who wants the best rewards for their credit card casino deposits, then you should make American Express deposits. View all Amex poker rooms here.

Bitcoin Poker Room

https://ninmeme.netlify.app/china-shores-slot-app-for-ipad.html. Players who use the American Express Green Debit Card from MAIB or the American Express Green Debit Card from MAIB receive unlimited cashback and “Pay & Save” cashback, which is not always available with debit cards. Amex provides insurance and travel rewards with their green and gold debit cards, too. American Express Serve is the company’s reloadable prepaid debit card program. Different cards in Amex Serve include free reloads and 1% cashback, so shop to see which American Express Serve card is best for your needs.