Best Bitcoin Wallet For Bovada
Making a deposit on Bovada with bitcoin is not as difficult as you might first think. The only challenge is buying bitcoin and there are options below showing you how and where to do so.
If you already have bitcoin, making a deposit on Bovada is super easy. Click deposit. Choose bitcoin as your deposit method. Send the amount of bitcoin to the address they supply you.
If you do not yet have any bitcoin, this guide will show you how to get bitcoin and how to use it to deposit on Bovada safely.
The Bovada Casino and Sportsbook has accepted bitcoin since early 2016. And today it is the preferred way to deposit and withdraw.
- Best Bitcoin SV Wallets For BSV Since Bitcoin SV coins are a result of a hard fork, there are not too many wallets that support the coin. There are however a few third-party wallets but they often fail to meet the basic criteria of security, customer support, intuitive interface, etc.
- Two-factor authentication (2FA) is a way to add additional security to your wallet. The first 'factor' is your password for your wallet. The second 'factor' is a verification code retrieved via text message or from an app on a mobile device. 2FA is conceptually similar to a security token device that banks in some countries require for online banking.
Bovada and bitcoin,If your looking for the best Bitcoin wallet for Bovada that means you can hold your coins on here safely, and trade at market prices at any bovada and bitcoin given time of the day Bovada accepts bitcoin, a digital currency that is gaining more widespread acceptance Using Bitcoin On Bovada.
It’s fast, it’s easy and it is super low fee’s. Especially when compared to checks, bank wires and cash to WU options. If you utilize Bitcoin, you get double sized bonuses and the absolute fastest withdrawal speeds.
Let’s take a look at how to deposit bitcoin on Bovada.
Step 1 – Get Yourself a Bitcoin Wallet
The bitcoin wallet is where you keep your bitcoin before spending it. You do not have to get a wallet if the only reason you are getting bitcoin is to make a deposit but most of these are totally free so you may as well get one.
When you make a withdrawal of bitcoin, you’ll want a wallet to send them to. Make sure these are secure, quality wallets. I’ve researched these and here are my short list of good wallets:
- Electrum.org – download the client on your computer. Free and easy
- BreadWallet.com – quality web based wallet that you can control your private keys
- GreenAddress.it – another good online wallet with privacy and control
- Trezor – if you hold any significant amount of bitcoin, get a hardware wallet like the Trezor
Learn all you need to know about Bitcoin Bovada. Our Bitcoin FAQ section is designed to help answer all of your bitcoin questions. How We Chose the Best Bitcoin Wallets. Bitcoin wallets are essential for digital currency users. For this list of top choices, we looked at over 15 different Bitcoin wallets. When choosing the best bitcoin wallets, we focused on cost, security, ease-of-use, and features helpful for typical crypto users.
Now that you have your wallet, you need to purchase bitcoin.
How to Purchase Bitcoin
The next thing you have to do is purchase some bitcoin and have them sent to a bitcoin wallet.
If you don’t know what a bitcoin wallet is or have any clue about how to go about purchasing bitcoin, don’t worry. We’re going to break down every bit of this for you below. You have three main options that we’re going to cover here for purchasing bitcoin, and two of them can be used for playing at Bovada Casino.
We’re including the third to help people who are new to bitcoin avoid a common mistake that a lot of people can make regarding one of the most popular bitcoin exchanges online today.
Coinmama
- Go to Coinmama and register for an account. This only takes a few moments, and it’s just like registering an account at virtually any other website.
- Creating an account here will give you an online bitcoin wallet that you will use for your transfers.
- Choose a method of payment for how you would like to buy your bitcoin. Available options include credit cards like Visa or Mastercard in addition to other methods like Western Union.
- You will be taken to a simple form based on which payment option you have chosen. The form will walk you through entering all of the information that you need to verify and process your payment.
- Once all of your information is in, you’ll confirm your details with an email that has a link in it you’ll need to click on.
LocalBitcoins
- Register for your free LocalBitcoins account if you haven’t already. This only takes a few moments.
- From the search form on the main page, you’ll include various options like how much bitcoin you want to buy, your geographical location and how you would like to pay. This search form will list people in the given area who are looking to sell.
- Choose the ‘Buy’ button beside of an option that looks appealing to you in order to see more information like the terms for the trade, the general location of the seller, etc.
- If you agree to their terms, you then enter how much bitcoin you’re looking to buy. The blue box on that page is a part of a messaging system that will allow you to contact the seller directly. You can press the ‘Send’ button to initialize the trade.
- When the seller verifies that the payment has been received, the bitcoin is transferred from escrow into your account, and the trade is complete.
Coinbase – Do Not Use For Gambling
Coin Mama is a website that tries to make it as easy as possible to buy, sell and transfer bitcoin, and that makes them a great option for Bovada Casino players who want to use bitcoin as a deposit option.
The following is the basic procedure that you would follow:
And that’s all that needs to happen for you to purchase bitcoin through Coinmama.
They really do make it as easy as possible for new players, and it’s the method that we recommend players use for their first time because of how they really walk you through every single step of the way.
CoinMama accepts most USA states, but not all. If your state is not accepted, don’t worry, there are more options.
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:
LocalBitcoins has a little bit of a different approach, but it works just as well.
We’re including Coinbase here to warn players not to use them for gambling transactions. They are registered as a Money Service Business in the United States, and they’re subject to tons of regulations as a result.
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.
The reason we want to point this out is that Coinbase is a very popular bitcoin wallet, if not the most popular for American players, and it’s a common mistake to try to use them to deposit to play at Bovada.
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.
Making Your Deposit to Bovada With Bitcoin
Now that you have your bitcoin in your wallet, the hard part is behind you. To transfer that bitcoin to your Bovada account, you’ll follow this simple procedure:
- Log into your Bovada account as usual.
- In the top-right corner of the page, click on your account balance to open the cashier window. Choose the deposit option from there.
- Alternatively, you can open the deposit window by going to the dashboard and choosing the “Make a Deposit” option.
- Pick bitcoin as your deposit method from the menu, and type in the amount of bitcoin you’d like to deposit.
- You will be given a bitcoin address as where you should send your bitcoin to complete your deposit. You can do this from inside of your bitcoin wallet account or through a QR code you can scan with your smartphone or tablet.
- Double and triple check to make sure that you enter the bitcoin address correctly when you process your transfer.
- After the transfer is completely, click the “I’ve Completed My Deposit” button and wait a few moments for the bitcoin to appear in your Bovada account.
Once this series of steps is completed, you’re ready to start playing with your bitcoin at Bovada Casino. If you have any trouble with the last set of steps for any reason, feel free to contact their 24/7 support team because it’s full of helpful customer service representatives who can help you to figure out if something went wrong with your transaction.
Ready to make your first bitcoin deposit? Go to Bovada to get started! They are currently offering a 50% to $500 for first time bitcoin depositors.
Bovada Bitcoin Recap
Bovada Casino has been in operation since 2011 but the team behind them (Bodog) has been around since 2003 and we have been working with them since then.
They are embracing bitcoin and crypto currency. They’re known for being one of the best online casino options for US players. 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. And because we know that there’s a bit of a learning curve, we want to make it as easy as possible on you.
Practical Bitcoin UsageWithout 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.) that you log into with a username and password and use to make transactions in the bitcoin cryptocurrency.
Advanced users can actually run their own private wallet from their own computer, but that’s a bit outside of the scope of learning how to make deposits and withdrawals to Bovada.
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. This is the basis of using bitcoin as a deposit and withdrawal method.
Conclusion
With that said, this article wasn’t to explain the basics of bitcoin to you but to show you what you need to do to go from no bitcoin to having bitcoin to having a deposit via bitcoin at our top rated online sportsbook.
My Top Bitcoin Sportsbooks
These are the best bitcoin sportsbooks online.
- Bovada - deposit and withdraw in bitcoin, gamble in USD.
- Cloudbet - bitcoin only sports and casino. Bet in BTC with up to a 5 BTC bonus
- Betonline - deposit and withdraw in bitcoin. Bet in USD
- Intertops - deposit and witdraw in bitcoin, bet in USD
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Here you will find all the information you need on how to deposit Bitcoin on Bovada and how to withdraw it. Enjoy some of the most lucrative bonuses on from the casino that accepts American players and lets them gamble with Bitcoin!
A warm welcome to all of our American readers.
Today’s article is for you as we are going to take a look at an online casino known for its great features and amazing bonuses. The name of this casino and Sportsbook is none other than Bovada.
So, is this casino “America’s No.1 online casino and Sportsbook” as their fame suggests?
How to deposit Bitcoin on Bovada and how can you enter their incredible poker room? These are all questions that are going to be answered in this article so be sure to stick around until the end.
What Does Bovada Have To Offer?
Well, the selection of games is excellent and all of the titles on their website is provided by three industry-leading software providers called Betsoft, Rival, Real Time Gaming!
What can you find on their site?
First of all, you will find the Sportsbook which is also their biggest attraction as most of their users spend their time there. A wide variety of sports is covered and there are countless betting options and special betting opportunities.
The same goes for their Racebook (Horse Racing) as well. Then you have the casino section where you will find a plethora of slots, table games, Blackjack, speciality games, and Video Poker titles.
Last is the Poker room but before we talk about it let’s take a look at the banking options available on Bovada and the bonuses they provide.
How to Create a New Account with Bovada & Deposit Options
Bovada Banking
This section is divided into two parts, depositing and withdrawing. You came here to learn how to deposit Bitcoin on Bovada so this will be the first thing we tackle.
1. Deposit
Just like Bovada advertises “Bitcoin is the cheapest deposit option at Bovada, making it the premier way to get your money in” but how can you actually do that?
First, you would have to purchase some of the cryptocurrency but before you did that you should get a cryptocurrency wallet.
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.io, or Binance.
Of course, all of those serve United States citizens as well. Bovada themselves recommendBreadWallet.
So after you get some Bitcoin you can select to store them in your private cryptocurrency wallet by using your unique address (This will look something like this: XX98BTCEKSDAXCA35B), such as Ledger Nano S or TREZOR.
You don’t have to be afraid of depositing in a wrong one as the address is unique for each wallet.
After you fund your wallet, you can then proceed to use it in order to deposit Bitcoin to your Bovada account.
You can do that in three different ways.
- You can copy their Bitcoin address and send money directly to them.
- You can launch your cryptocurrency wallet through a simple method they provide where with a click of a button the wallet interface will start up and you can deposit money that way. These two ways sound similar but they actually are completely different.
- Scan the QR code they will provide you with your smartphone or tablet and just input the amount you want to deposit.
However, when depositing for the first time you should remember to use the promotional code if you want to claim a bonus that is.
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 5.9% fee.
Keep in mind that you may encounter some extra small charges when depositing with either option.
Bitcoin ones are usually only a few cents and you won’t probably have to pay even that unless you want your transaction to be completed faster.
For credit cards, it is common for currency conversion processes to add a 3% additional fee.
When depositing with Bitcoin the minimum amount is 10$ and the maximum is 5,000$.
When depositing with a credit card the minimum amount is 20$ and the maximum is 1,500$.
2. Withdrawal
Just like before, you can withdraw your money either by using Bitcoin or Check by Courier.
Best Bitcoin Wallet For Bovada
When it comes to the fees though, Bovada isn’t that great as they will only cover one deposit made every 3 months. Each additional one in this time window will have to go through a 100$ processing fee.
When using Bitcoin you can withdraw once every 3 days. The minimum withdraw amount is 10$ and the maximum is 9,500$.
If you like playing with real currencies then you can make only one withdrawal per 7 days. The minimum withdraw amount is 100$ and the maximum is 3,000$.
However, this doesn’t apply to Bitcoin transactions as all of them, no matter whether it is a deposit or a withdraw, are totally free!
Now you can understand why Bitcoin get so much promotion on the site of Bovada!
Bovada Bonuses
As this article is about how to deposit Bitcoin on Bovada we are only going to mention the Bitcoin bonuses.
You should know that the Poker bonuses may not be applicable when using Bitcoin.
We also have an article about Online Poker Bitcoin Bonuses in case you are looking specifically for this information.
However, you can either deposit Bitcoin in the casino or the Sportsbook.
If you deposit in the casino you will get a 150% match bonus up to 1,500$ which is redeemable up to 3 times. In order to get it, you must use the promotional code “BVCBITCOIN150”.
The rollover requirements are 5 times for the Sportsbook/Racebook and 30 times for the Casino and it applies both to the initial deposit and the bonus amount.
If you deposit in the Sportsbook you will get a 50% match bonus up to 500$ which can be applied only once. Use the promotional code “BVSBITCOIN50”
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. Every time you reach a specific amount a cash bonus will be given to you and there isn’t a rollover requirement applied to those.
Bovada Poker Room
Just like we previously promised you, here is the part where we will talk about the Poker room.
You can download the lightweight client on your computer but you can also access Bovada’s games through your smartphone or tablet’s web browser without needing a dedicated app to do so.
The Poker tables are very well optimised and the way they are laid out makes playing on them an enjoyable and hassle-free experience.
However, don’t you think that this Poker room is for everyone as the bets aren’t as low as you would think.
In fact, the minimum bet you can place is 1$ and it’s pretty needless to say that this is just the starting bet and it can go up very fast and easily.
So if you don’t have at least 50-100$ deposited don’t you even think to join the tables.
However, regular Poker tables aren’t the only thing you will find in that section.
There are countless Jackpot Sit n Go tournaments being held on a regular basis.
There are various “Nightly Majors”, as the site calls them, tournaments held every day of the week with buy-ins as low as 11$ and prize pools that can reach the 25,000$ mark!
In fact, there is a guaranteed 1.5$ million total prize pool for all the Poker tournaments held every week on Bovada’s platform.
Some tournaments like the one that is hosted every Sunday afternoon at 4 PM (ET) has a 100,000$ prize pool!
New types of tables are added every now and then.
One of the latest features to get implemented on the Poker room is the “Quick Seat” which enables you to quickly change between playing on one to another table so fast that the transfer is usually seamless.
Best Bitcoin Wallet For Bovada
Conclusion
Now that you know how to deposit Bitcoin on Bovada and how the bonus system works you should be good to go and start gambling on their site.
Be sure to use the cryptocurrency we talked about and to check out their Poker room as it simply is amazing.
Best Bitcoin Wallet For Bovada Free
Read more about other cryptocurrencies you could use to play poker onlineand visit our Bovada Review for more detailed information!
Best Bitcoin Wallet For Bovada Reddit
Now go on and claim those beautiful Bitcoin bonuses so you can get cracking. Good luck!