Playing slots has been improved by the advent of cryptocurrency. This is because users may play crypto slots at the top crypto slots sites without the restrictions of using fiat currency. Player crypto slots come with several advantages and perks.
Taking advantage of these perks requires making crypto deposits. The question is how easy it is to make payments to play crypto slots. This article looks to answer this question.
How to Make Deposits
No doubt, making a deposit to play crypto slots comes with many perks. These include increased security, better bonuses and promotions, faster transaction times, and a helpful customer care department. However, making payments is different from fiat currency payments. It requires you to put some things in place.
Depositing With a Wallet
You’ll need a cryptocurrency wallet to deposit while playing crypto slots. “crypto wallet” refers to hardware that can send, receive, and store digital currencies such as Bitcoin, Ethereum, Lite Coin, etc. We’ll go over the specifics of making a deposit using your crypto wallet now that you know what one is and how it operates. It’s not hard at all; in fact, there are just five basic steps required to complete the process:
- First, choose a cryptocurrency in the ‘Wallet’ or ‘Cashier’ area.
- After that, you can manually enter the deposit address into your wallet or use the QR code.
- Once done, enter the desired amount and click the “Send” button to send cryptocurrencies to your casino account.
- Feel free to accept the substantial deposit match bonuses you’ll find.
- You must wait for your tokens to be deposited into your account.
That settles the matter.
Different Crypto Wallets
Still, need a cryptocurrency wallet? Sure, no sweat. There are plenty of choices when selecting the ideal cryptocurrency wallet. The first decision to make when choosing a wallet is whether you want a hot or cold wallet. A hot wallet is stored on an internet-connected device. A cold wallet is stored on a computer or other device not connected to the web. We recommend using hot wallets since they provide instant access, essential when playing crypto slots.
Using an On-Site Exchange
On some websites, you may use your favorite payment method and currency to acquire cryptocurrencies through an on-site exchange. Like other gambling establishments, these crypto-gambling establishments have partnered with cryptocurrency wallets. This makes it possible for them to accept deposits in return for cryptocurrency using fiat currency.
Your casino account will be credited with tokens once the transaction has been completed. The deposit time typically ranges from a few minutes to an hour. It’s a simple system, ideal if you want to avoid dealing with a cryptocurrency wallet.
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Using Third-Party Exchanges
Other sites offer this functionality, each with its own exchange platform partners. If you’re considering this option, you’ll be relieved that you aren’t restricted to making deposits into your Crypto casino with a credit card. A cryptocurrency exchange is available for instantaneous purchases.
But just like with regular fiat casino transactions, there are stipulations with exchange partners. MoonPay, for instance, adds a transfer fee of either $3.99 or 4.5% of the amount being sent. Any crypto-related network fees must also be covered by you.
From our explanation, you will see that making payments to play crypto slots is easy. It only requires a few easy steps. Once you get these done, you’re well on your way to having a great experience.