Bitcoin Poker Software
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Thanks to Bitcoin and other similar cryptocurrencies, the world of online Poker has been grandly transformed. Low fees, fast pacing, and the simplicity of making deposits and withdrawals are some of the options that Bitcoin online poker sites offer.
A browser based Bitcoin poker site that is easy to navigate and allows you to play pseudonymously. With a “swag store”, VIP program, plenty of Bitcoin poker tournaments and constant promotions, the site is a great place to play. Security is top notch and support is legitimately on the ball. The best Bitcoin Poker games and tournaments are happening right now on Blockchain Poker! Build your bankroll for FREE!
Online Poker has always had its cash problems, mostly because it had to rely on fiduciary currencies, as well as bank and credit card companies. This is where Bitcoin simplifies things – all you need is a Bitcoin address and you are ready to play!
Why should you choose Bitcoin?
There are a number of reasons why you should opt for Bitcoin or other cryptocurrencies to play online Poker, but really it is up to the players’ demands. Here are some of the most wanted ones:
- Simplicity to use
- Low costs
- Anonymity
- Easy deposits and withdrawals
- Safety and credibility
- Bonuses
Most players like how fast they can start playing with Bitcoin. Deposits take minutes, while the withdrawals take up to two days to be received. It also costs way less, in comparison to the fees provided by credit card companies.
The Basics of playing Poker with Bitcoin
The first thing you should know about playing Bitcoin poker: You do not use your actual coins to play.
Most sites convert Bitcoin to US dollars immediately after they enter into the account of the player. There is a bunch of reasons why the sites do this, but mostly it is to offer the players some breathing space because of the instability of cryptocurrencies.
Bitcoin has a reputation for being unpredictable and it is possible that you might lose a large chunk of its worth while playing. This is why sites stick to converting to USD – this way the players’ wins are far more secured financially. The only time you need to be careful with the swing of Bitcoin value is when you are making a withdrawal.
What features do you need to look for?
Here, you should follow the same principles as you would when choosing a traditional online poker site. Here are some elements that you need to put into consideration:
- Modern Software
- Players with different skill levels
- Bonuses
- Credibility
- Safety
- Tournaments
As for Bitcoin, you need to check whether the site accepts cryptocurrencies for both deposits and withdrawals; though most sites accept up to 50 different cryptocurrencies. Online Poker sites urge the players to make deposits with Bitcoin, because they can end up getting various kinds of sign-up bonuses!
Getting Started to Play
If you have decided to play Bitcoin poker, there are a couple of steps you need to complete in order to start playing.
First of all, you need to get properly introduced to the world of Bitcoin and other cryptocurrencies alike – there is plenty of information online you can check out. Once you are done, you need to get some Bitcoin. This step is pretty easy, but it varies depending on the location where you are. You can acquire the coins either from a Bitcoin exchange or a Bitcoin ATM.
You also need to get a digital wallet – you can do this online, either through PC or mobile, or you can opt for a flash drive to be more secure.
After you do all of these steps, choose a Poker site and start playing! Some of our recommendations are:
Are there any alternatives?
It is believed that Bitcoin is the favorite cryptocurrency used for online gambling, but there are plenty of other options as well. These are quite similar to Bitcoin and also offer options alike to it. Some of the most popular ones are Ethereum, Litecoin, EOS and Dash.
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Bitcoin has changed online poker. If you like me, I became frustrated with the continuing payment processing issues that have plagued the online poker industry over the years. I hated having to wait days, weeks or even months to cash out my winnings. Bitcoin has changed all of this frustration for thousands of other online poker players and me. Transactions on Bitcoin sites are easier than ever.
How does Bitcoin work? Bitcoin is a peer-to-peer decentralized currency. Satoshi Nakamoto created the digital currency Bitcoin in 2009. Run on a network of user software; bitcoin is both a payment processor and currency. New coins are ‘mined’ (created) through software and a mutually agreed upon set of rules.
I have Bitcoin; where can I use it to play online poker? Currently, a few online poker sites offer bitcoin depositing options with others plan to soon. In 2017, new poker sites, including FortuneJack and Betcoin, now accept Bitcoin. You can find links and reviews of current bitcoin poker sites below and on our review page.
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There are two ways to play poker with Bitcoin. Crypto-currencies may soon become one of the most widely used payment processing methods in online poker, although it is little known at present. Over the last few years, the number of players who have started playing online poker with Bitcoin has increased. Bitcoin is rapidly replacing fiat currencies in the online gambling world, chiefly because they are safe, anonymous, and instantaneous. Since Bitcoin is an unregulated currency, it presents an excellent way to play in gray markets. Online gambling operators have realized its potential, as the number of Bitcoin poker sites are increasing.
Today, there are two primary ways to play online poker with Bitcoin: Bitcoin-only poker sitesand sites accepting Bitcoin as a payment option.
Bitcoin-only poker sites are one option. Bitcoin-only poker sites are ideal for poker players who want to play exclusively in crypto-currency, as they do not accept any other form of currency.
If you want to begin playing at a Bitcoin-only site, you need to start a wallet and buy Bitcoin from an exchange, such as Coinbase.com or BitStamp.net. Once players have set up their wallets and purchased Bitcoin, they can register at any Bitcoin-only poker site, such as Betcoin or SWC Poker, which will give them a unique deposit address. Players can now use this address to move the Bitcoin from their wallets to their player accounts. This process makes them ready to start playing with Bitcoin.
Poker sites with Bitcoin payment options. Many online rooms offer Bitcoin as a payment option although they aren’t Bitcoin-only sites. Examples of such online poker rooms are BetOnline, Black Chip Poker, and Americas Cardroom. At these rooms, Bitcoin is just a payment method like credit/debit cards or eWallets, such as Neteller and PayPal.
To play with crypto-currency at a site that accepts bitcoin deposits, players should first get a wallet and some Bitcoin. The next step is to log into their account, visit the cashier, click on the deposit options, and select Bitcoin as their payment option. They will then have to enter the amount they wish to deposit in US dollars. The system will then convert the dollars into Bitcoin and inform players exactly how many Bitcoin they will have to deposit. The system will also provide them a unique address. Players can now visit their wallets and send the specified number of Bitcoin to this unique address.
If their wallet charges miner’s fees, players should be careful to add this amount to their deposits. If they fail to do this, the transaction will not be accepted. Once the Bitcoin is deposited into a player’s account, it will be converted into chips. Players are now ready to start playing for real money.
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