Depositing through conventional payment methods using fiat currencies typically requires the involvement of a third party. Not just this, you will also have to give up some of your details to bring the transaction into effect. By implication, your financial transactions, especially deposits cannot be confidential. Thankfully, betting with Bitcoin, Ethereum, Litecoin, Dogecoin, and other cryptocurrencies has ushered in a new era of rising change and comfort in anonymous deposits. You can now deposit at betbit.com and other crypto operators anonymously. Since crypto makes for direct peer-to-peer financial transactions, only two parties are required to effect payments. Third parties like financial institutions, governments, and other forms of intermediaries are no longer needed. This creates the ideal setup for anonymity and privacy. One of the biggest objectives of blockchain technology is cheaper and instantaneous transactions, whether domestic or cross-border. This is why making withdrawals with crypto is great as they are instant. Of course, this is an exclusive preserve of crypto gambling platforms like Betbit Bitcoin Casino. Indeed, the involvement of a third party is the reason withdrawals at casinos and sportsbooks get delayed. Since blockchain technology eliminates the need for these third parties, this leads to faster payouts. This also means gamblers don’t need to pay fees or commissions to have their withdrawals processed. By implication, this allows you to spend more time exploring the robust assortment of games at the iGaming site instead of waiting pointlessly for payments to be effected. Once you register on a crypto casino or sportsbook, you will most likely be entitled to a bonus package as a new member of the site. This is known as the welcome or signup bonus. For instance, Betbit gives its new players a welcome offer of 100% up to 100 mBTC on their first deposit. Playing with cryptocurrency doesn’t disentitle you from enjoying good bonuses and promotions. At bitcoin operators, there are different categories of bonuses you can claim provided you meet the attached terms and conditions. Some of these bonuses and promotions are:

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Deposits and Withdrawals

Use Bitcoin, Ethereum, Bitcoin Gold, Bitcoin Cash, Monero, and more.

What are the advantages of using Bitcoins at the BetBit casino?

Here are a few of our favorite reasons why using crypto currencies like bitcoins are better:

  • It's fast.
  • It's safe and secure.
  • It's free of charge backs. (We love that! This allows us to give more entertainment value to players)
  • It's cheaper than credit or debit card use. (Well, at least for the casino.)
  • There is no need for third parties to manage funds.
  • Central governments have no authority to take your funds.
  • Nobody can steal your payment information from merchants
  • Best of all is the fact that you are the absolute owner of your account and nobody else has a say on how you use your Bitcoins.

DEPOSITING BITCOINS WITH BETBIT CASINO

Depositing money on your Betbit Casino account is easier than you’ll ever imagine and as quick as most online payment methods of our time. All you need is a Bitcoin online wallet, available funds on it and the Betbit Casino public Bitcoin Address to transfer funds in your account within minutes. Just type the amount of your deposit on the corresponding field, enter Betbit Casino’s public Bitcoin Address on the Bitcoin wallet address field and lastly click on the Deposit button to complete your transaction.

When you sign up and register an account with minimal information you are given a unique bitcoin wallet to make your deposit too. As soon as you make a deposit to that unique wallet address your account is credited within minutes.

After you submit your deposit to our public Bitcoin Address the funds will be credited within a matter of just a few minutes, no fees are involved on this type of transaction. Just contact our live chat support or send an email to [email protected] for further assistance if desired.

Depositing other crypto currencies use the same method. The most popular crypto currencies are Litecoins, Monero, Ethereum, Ripple, and Bitcoin Cash. On the deposit page you will see all of the addresses you need. Find the crypto currency you prefer and make a deposit. The corresponding mNTC will be credited to your account.