A major motivation that we all are on board with cryptocurrency, is when we user blockchain technology we can stay anonymous. Right, our privacy is important to us. One of the reasons
we love crypto, is that there is no reason everybody have to know how we are spending our money and how much money. It’s nobody’s business but our own. This why many casino players in Singapore looking to play online casino games using Bitcoin and other cryptocurrencies.
With Bitcoin what you need to know is this. obviously you’ve got to acquire some Bitcoin before you send it. This is where you need to link your bank account or credit card with what’s known as an exchange, a place where you can buy and sell bitcoin.
Singaporean online casino that accept Cryptocurrency
Thought this article refer to Bitcoin, all the casinos listed below, accept all sorts of Cryptocurrency including Bitcoin Cash, Ethereum, Ripple, Stellar and so on.
Step one is to create your account at a Bitcoin exchange
The most popular two exchanges right now are Coinbase.com and Circle.com. You can even purchase Bitcoin in a peer-to-peer exchanges. As of right now one bitcoin is trading for about four hundred and fifty dollars.
Create your Bitcoin wallet
Once you’ve purchased your Bitcoin the very important next step is to transfer all your Bitcoin to an intermediary wallet such as Blockchain.info. Step two is to create your Bitcoin wallet. This step allows you to, then transfer and receive funds at any website in the world that accepts Bitcoin. Users’ feedback suggests that transaction hop also helps maintain compliance with your Bitcoin exchange, who may frown upon direct transfers to possible Singaporean online casino sites.
For this reason, it’s not a good idea to skip this step.
Fund your wallet
In step 3 you simply log into your exchange where you just purchased Bitcoin and send this Bitcoin to the wallet you created. To do this simply log into the wallet you created and grab your personal wallet address. Wallet address is long series of numbers and letters, usually labeled “my bitcoin address”. Now copy your address and paste it into your exchange account.
Make final transfer
Once your Bitcoin has been loaded to your wallet you are now fully ready to send Bitcoin anywhere in the world.
Login to your desired online casino website, go to the cashier and choose bitcoin. All casinos that accepts bitcoin, will display their bitcoin address. You must that specific address so copy and paste the address into your Bitcoin wallet and send the desired amount.
That’s it you are done.
Now follow the same steps in Reverse to withdraw Bitcoin from your online casino account, back to your wallet and then your exchange and then finally back to your bank account.