And for those who do not know how to mine, how to buy Bitcoins?

Even if you know how to bet free Bitcoins, programming and mining is not easy. The first step to making purchases of cryptocurrencies (such as Bitcoin) is to create an account at an online brokerage that offers this digital currency. Once you register using your personal details, you will receive a code.

This sequence of numbers will be your identity for buying and selling on the market of the cryptocurrency in question. If no one has access to your number, they will have no way of knowing that it is you who is making the purchase or sale, but all transactions are public. It is possible to check the codes of those who are buying or selling Bitcoins.

As the value of Bitcoin is determined by buying and selling, it is supply and demand that determine how much it is worth. There has been a huge appreciation in the last few years, making it reach over USD 17,000. Because of its high valuation, and proposed break with the current financial system, it has been followed by enthusiasts and the curious.

What few people know is that it is possible to place bets using Bitcoin. But not all companies in the industry offer this option to their users. To make your life easier, we will show you which are these sites, and the main advantages and disadvantages of using this payment method.

Deposit requires a wallet, but it is very fast

how to buy Bitcoins

Like any means of payment, bookmakers with Bitcoin have positive and negative points for deposits in Bitcoins. The biggest disadvantage is the fact that you need to have a previous wallet with a balance of this cryptocurrency. If you do not already have one, you will need to create one, which is an extra step in your registration process.

Now if you already have this digital currency, and will register in bookmakers with Bitcoins, then the problem in the previous paragraph has been solved. The big advantage is in the ease of depositing, and in the speed that the balance is available in your online account. In Rivalo, for example, deposits using this cryptocurrency are available within 1 hour after the user’s request.

On the other hand, those who want to make deposits using boleto banc├írio, for example, may have to wait up to 7 days for the transaction to be completed. Another positive point is the promotion for those who deposit in bookmakers that accept Bitcoin with bonuses. Let’s look at some examples to help you understand what we are talking about.

Rivalo, Bumbet and Bodog accept Bitcoins

Bookmakers with Bitcoin

Not every betting site with Bitcoin offers promotions for those who use this digital currency. In addition, some companies in the industry prefer not to work with this cryptocurrency. Therefore, we have discovered the 3 best websites to bet and play casino that allow deposits using Bitcoins, and we even found a bonus for users.

In the case of Rivalo, your bets in cryptocurrency will be considered for the purpose of calculating your winnings. If you have not yet registered, regardless of whether you deposited using Bitcoins, or any other method, you can access the site’s welcome bonus. And you can withdraw your winnings by transferring more than $200,000 in less than 1 hour.

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