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The fact that bitcoin is a digital and crypto currency made it to offer better security than government as well as banks. Even precious metals like silver and gold are not even better than digital currency due to the fact that their prices are always fluctuating.
But, if you want to use bitcoin, the first thing you have to do is to download bitcoin wallet to your computer and that is where your entire bitcoin will be stored and secured safety.
There is even opportunity for you to register bitcoin wallet online but make sure you choose reliable platform like Blockchain.
Another thing you will need to do is to buy some bitcoin in order to finance your wallet. The process is not only secured but straight to the point.
You can do that through any of the online based bitcoin exchanges and bitstamp. It is secured, fast and also offer low fee to all users.
After purchasing the bitcoin from your preferred exchanges, you will need to transfer the amount to your already created bitcoin address right inside your bitcoin wallet.
It is not advisable for you to leave huge amount of bitcoin in the care of an exchange, so make sure you transfer the bitcoin into your own wallet.
This is for both safety and practical reasons. There are different methods through which you can purchase bitcoin.
Also, there are many currencies you can use to buy bitcoin from different exchanges. After buying bitcoins you will be allowed to use them anywhere you want and enjoy anonymity and safety.
Another thing is that you can exchange your bitcoin into fiat currency through any of your selected bitcoin exchanges online.
One thing you should note is that you will not play with bitcoin currency when you are playing in any poker site that accepts bitcoin as mean of payment.
Rather the poker site will convert your bitcoin currency into the base currency of the poker site.
For this reason, most bitcoin accepting poker sites normally present players with different poker base currencies at the time of registering account with them which you can to play the poker game as well as the tournaments.
You will find the exchange rate of the bitcoin to the base currency of the poker site boldly displayed on the poker site.
That will make you to see clearly everything and know when you are getting good deal. How to choose the bitcoin casino? There is no better way to start your betting action than by boosting your bankroll with Bitcoin bonuses.
See the best bonus deals up for grabs here. You can enjoy these major perks when you play in Bitcoin online betting sites. Bonuses often come in the form of free credits, which are offered to players as a form of reward.
You can redeem your casino bonuses in various ways. Some bonuses are given to you right after you sign up, others are specifically made for high rollers, and some are rewarded to you each time you reload your account.
Either of these ways, one thing remains constant—Bitcoin casino bonuses certainly add a rewarding kick to your betting experience.
Jump-start your game by getting your hands on some of these rewards. The different types of bonuses above can be grouped as cashable and non-cashable.
These categories indicate how you can use your bonuses as you play. Here is what set these two bonus groups apart. Non-cashable bonus, as the name implies, is a play-only reward.
Meaning, it is applicable only for wagering purposes. You can keep all the winnings you have acquired from this reward so long as you clear the bonus terms.
But on the flip side, you cannot cash out the bonus amount itself. In most cases, online casinos split your account into two—a player account and a bonus account.
The former contains all your deposit money, while the latter keeps all the rewards you received from a betting site, including the non-cashable rewards.
If you win, your prize will be credited to your player account. If your bonus is cashable, you can cash out both the bonus amount and the winnings you have obtained from them.
To do so, simply clear the wagering requirements attached on the bonus. Most players prefer cashable bonuses as they can enjoy the bonuses in various ways, other than betting.
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