Ignition Casino Introduction to Bitcoin
Now more than ever, it’s time to deposit with Bitcoin. The cryptocurrency is the fastest and easiest way to deposit and withdraw money from your Ignition Casino account. Even if you’ve never used Bitcoin before, it only takes a moment to understand how Bitcoin works. This quick introduction will show you everything you need to get started.
Kick-start your play with Bitcoin
Follow the video guide step by step and in no time, you will be depositing with Bitcoin at Ignition Casino!
Bitcoin: Get into the action!
What you need to know:
- Bitcoin is one of many digital currencies used to make purchases online, including making a deposit to your Ignition Casino account;
- This overview video will introduce you to everything you’ll need to start using Bitcoin.
What are the advantages of using Bitcoin at Ignition Casino?
- Every Bitcoin transaction is free at Ignition Casino – unlike credit cards, it won’t cost you more for deposits or withdrawals;
- Bitcoin (BTC) transactions are 100% guaranteed – never be discouraged by a credit card failure again;
- Cashing out your winnings has never been faster – from the approval of your request to your wallet in just minutes!
Get bigger and better welcome deposit bonuses and offers at Ignition Casino!
What you’ll need:
- A Bitcoin wallet – allows you to store your Bitcoin and is where you’ll make transfers to and from Ignition Casino;
- An exchange account – you’ll use this to buy your Bitcoin and convert your winnings back to USD;
- A debit card – the most convenient and fastest method to purchase Bitcoin;
- Government issued ID –verification is required to set up and buy Bitcoin on your Exchange Account;
- Mobile phone number – wallets, exchanges and Ignition Casino may require this for secure SMS validation.
Important reminders:
- To open a wallet and exchange account; you’ll need to leave the Ignition Casino site; bookmark this guide so you can return easily;
- This guide specifically describes how to get started with Bitcoin (BTC) – if you’re using Bitcoin Cash (BCH), the same steps can be followed.
Step 1. Opening My Bitcoin Wallet
What you need to know:
- The anonymity of wallets ensures the security of your Bitcoin and allows you to spend privately;
- A Bitcoin wallet stores and allows you to transfer Bitcoin securely;
- Creating a Bitcoin wallet is free and takes less than 5 minutes.
How do I know which wallet is right for me?
Your choice should be a Bitcoin wallet that suits you best, the options below are those that players have found are the quickest and easiest to set up:
- For your desktop or tablet, sign up for a Blockchain wallet;
- For your mobile device, download an Exodus wallet.
Important reminders:
- You’ll need to open a separate page to create a Bitcoin wallet; bookmark this guide to easily return for next steps.
Step 2. Opening My Exchange Account
What you need to know:
- Creating a Bitcoin Exchange is free and takes approximately 5 minutes;
- Verification times may vary, but usually only take a few minutes, depending on the information requested (ex. The last 4 digits of your SSN);
- A Bitcoin Exchange is used to purchase Bitcoin (BTC), it’s also where you’ll change your withdrawal back to USD;
- Exchanges charge small transaction fees – but these are much lower than current credit card fees;
- Creating an account with an exchange is like opening a bank account – verification is customary;
- Fees may vary depending on the exchange you choose.
- Visit Kraken the most trusted exchange in the United States for desktop and mobile users.
What you’ll need:
- Government issued photo ID – verification is a must upon sign-up;
- Proof of address may be required to validate if your ID does not indicate it.
Important reminders:
- You’ll need to open a separate page to open an exchange account; bookmark this guide to easily return for next steps.
Step 3. Buying Bitcoin With My Exchange Account
What you need to know:
- Steps to buy from an exchange can be found at the exchange you have chosen, likely in the FAQs section on the site;
- Purchase limits vary from exchange to exchange, up to $25,000 daily, for verified customers at some exchanges.
What you’ll need:
- A debit card you can use to purchase or transfer Bitcoin.
Important reminders:
- You must leave the Ignition Casino site to buy Bitcoin through your exchange account; bookmark this guide to easily return for next steps;
- For your privacy and security – do not refer to Ignition Casino or online gaming if asked to note the reason for purchase;
- Debit card purchases of Bitcoin are instant and suggested; a bank account purchase can take several days;
- Exchanges may offer many different cryptocurrencies; be sure you’re buying Bitcoin (BTC) or Bitcoin Cash (BCH) to deposit at Ignition Casino.
Step 4. Transferring Bitcoin To My Wallet
What you need to know:
- Transfers normally take a couple of minutes to be confirmed;
- Your wallet may ask you to choose a transaction fee to complete the transfer; adjusting to a lower fee amount can result in a delayed transfer;
- For a visual example of how to send Bitcoin from your exchange to your wallet – watch the video above – the steps may vary a bit if you use a different exchange;
- Transfers between your exchange and your wallet are unlimited in both frequency and value.
Important reminders:
- Almost done – you must leave the Ignition Casino site to transfer Bitcoin from your exchange to your wallet; bookmark this guide to easily return for the FINAL STEP;
- Double check the currency before making your transfer to avoid any mistakes (Ex. Bitcoin (BTC) and Bitcoin Cash (BCH) are not the same currency).
Step 5. Making My Bitcoin Deposit At Ignition Casino
What you need to know:
- Your Ignition Casino deposit will only take a few minutes before the funds are available in your account;
- Your wallet may ask you to choose a transaction fee to complete the transfer; adjusting to a lower fee amount can result in a delayed transfer;
- It pays to use Bitcoin at Ignition Casino, take advantage of a Bitcoin Match Bonus with your deposit! All bonuses are bigger and better with Bitcoin.
Important reminders:
- At all times, transfer your Bitcoin to Ignition Casino from your wallet (NOT your exchange), to preserve privacy and security;
- Double check the currency before making your transfer to avoid any mistakes (Ex. Bitcoin (BTC) and Bitcoin Cash (BCH) are not the same currency).
End of the road – you’ve made it! You’ve moved on and now you know Bitcoin. But your journey has only just begun. Test your knowledge at Ignition Casino by making your first Bitcoin deposit today. In addition, you may also be interested in the best bitcoin casinos USA.