Crypto Help & FAQ: Your Top Crypto Casino Questions Answered
In case you haven’t heard, we’re already living in the future. Think about it – we’ve got the Internet in the palm of our hands. When it comes to currency, we’ve left behind the norm of traditional, physical cash. Nowadays, money is pretty much all digital. With a simple tap of your card or smartphone, you can purchase nearly anything you like.
Another killer innovation in the field of money is cryptocurrency. Cryptocurrency is a type of virtual or digital money that takes the form of coins or tokens. Sure, it might sound a little daunting at first, especially if you’re not super familiar with it. Not only is crypto intangible, but there are heaps of steps involved to get your hands on it (metaphorically speaking, of course).
Believe it or not, we haven’t always been one of the most renowned crypto casinos in the online market. Nope. We started as beginners, just like you. We know, we know – it’s hard to imagine.
But now, as one of the industry’s leading crypto casinos, we’re here to give back. In this FAQ guide, we dive into the most thorough Ignition Casino crypto help we’ve ever given. With our help, getting and gambling with crypto is as simple as 1-2-3.
Keen to learn it all for yourself? Too easy! Here’s what you need to know.
1 – How Do You Play with Crypto at an Online Casino?
If we know you – and we like to think we do – we’d be willing to bet that this is one of your most burning questions. That’s why we’re putting it first.
You’ll be psyched to learn that playing with cryptocurrency at our online casino is mad simple. Follow a few steps and you’ll be betting big in no time at all.
First, you need to get some crypto. To do that, open your very own e-wallet; this is where you’ll store your crypto. In as little as a few minutes, you can set it up on a site like blockchain.com. Our favourite part – and probably yours, too – is that it’s 100% free to do so.
Next, you’ll need to open an exchange account so you can actually purchase the cryptocurrencies of your choice and convert your withdrawals to real dollars.
Got your exchange account? Sweet. Now, comes the fun part: buying crypto! You can find a step-by-step guide on how to do this in the FAQs section of the exchange site where you set up your account. Don’t forget that the purchase limits will vary between sites, with the average cap sitting at around $25,000 per day.
After that, you’ll transfer the funds from your exchange account to your wallet. Transfers usually cost a small fee and only take a few minutes to go through.
From there, open your wallet and press the “Send” button. Type in the amount of crypto you’d like to send and then paste the digital address code from your Ignition account. You can find this code by logging into your Ignition account and following the prompts to make a deposit. When you select crypto as your deposit method, the system will automatically generate the code for you to paste into your wallet.
Wait roughly 20 minutes and the funds will show up in your Ignition account. We told you it was simple! You can find your step-by-step guide to depositing with crypto here.
2 – Are Bitcoin Promotions Better Than Regular Promotions?
Many of our general bonuses get even better when you use crypto instead of traditional money. The Ignition Poker & Casino Welcome Bonus is the perfect example. Use a credit card and the max reward you’ll get is a 200% bonus up to a maximum of $2,000. But use Bitcoin and the maximum bonus rises to 300% (up to $3,000). There’s also the Tell-a-Friend Bonus, which scores you an extra $25 per referral when they deposit using Bitcoin.
3 – What’s the Benefit of Playing with Crypto?
Honestly, mate, if we had to list all the benefits of playing with crypto, we’d be here all day. So, we’ll save you the time and just name a couple.
One key benefit can be found right in our previous answer: the bonuses! When you deposit with crypto at Ignition Casino, you become eligible for killer bonuses, including the 300% Poker & Casino Welcome Bonus and the Tell-a-Friend Bonus.
As if bonuses weren’t enough, using crypto can open the door to heaps of online tournaments. When you score that sweet cash from your welcome bonus, you can use it to throw your hat in the ring of any tournaments you see on the Ignition schedule. We highly recommend Sit-and-Gos and Jackpot Sit-and-Gos. These are awesome for building your bankroll in a short span of time, especially the Jackpot Sit-and-Gos, which could earn you up to $60,000 in as little as a few minutes. Less time, more money – what’s not to love? Find out how to dominate online Bitcoin tournaments here.
Not to mention, when you gamble online with crypto, you’ll have way more variety – which, as you know, is the spice of life. While we pride ourselves on being a Bitcoin casino, we accept several cryptocurrencies. Bitcoin, Bitcoin Cash, Bitcoin SV, Litecoin – pick your preference and gamble ‘til your heart’s content.
Plus, when you play with crypto, you’re strapping yourself in for a wild ride of thrills and excitement. Who knew online gambling could even get more exciting, hey? Because we love crypto so much, we do everything we can to make crypto investments pay off for our treasured members (aka you). Know what that means? Your chances of winning shoot through the roof. And what’s more exciting than winning big? Nothing!
4 – Is a Bitcoin Casino Regulated?
One of the coolest things about cryptocurrencies, including Bitcoin, is that they’re decentralised. That means there are no external authorities, like banks or governments, that interfere with your transactions. No regulations, no governing bodies, no worries! You have full control of your funds, when you access ‘em and how you use ‘em.
The same goes for Bitcoin casinos and crypto casinos in general. Because it’s still relatively new, Bitcoin gambling isn’t subject to any specific rules or laws. Besides, here at Ignition, we’re not interested in policing your every move – that’s just not our style. Gamble with crypto and you’ll have total power over your money!
5 – Where Can I Find More Help?