One of the most appealing features of Bitcoin is that there can be complete anonymity with each transaction. This feature has unfortunately made systems exceptionally intricate, but also very secure. This can turn a lot of people off though, because the process looks daunting. ProfessionalRakeback.com is here to help you by providing a detailed guide on how to set up an account to process all of your bitcoin transactions, for both depositing and withdrawing! This guide will make it easy for you to use bitcoin for online poker, or anything else you care to use it for. There are thousands of merchants who accept it these days!
Some of the poker sites that will accept your Bitcoin deposits are Ignition, BetOnline, and Intertops, but these are only a few examples. The way it works is that any bitcoins you place in your account will be converted automatically to USD (fiat). Then you can play your dollar-denominated games like normal, and when it’s time to request a BTC payout, the USD amount of your withdrawal will be calculated in terms of bitcoins, and that amount of coins will be send you the Bitcoin address you specify.
Guide to Using Bitcoin For Internet Casino
You may have heard of Bitcoins before, you may have even read about them, they probably sounded convoluted to you if you did. On the surface, it sounds complex, but in reality, it is not all that difficult at all. Bitcoin is a revolutionary new way of moving funds all over the Internet, safely, cheaply, quickly, and cost-effectively. Bitcoin is a hybrid type of money and commodity that trades 24/7 on bitcoin exchanges world wide. As one might expect, this is a virtual gift from the gods when it comes to the world of online gambling, especially for players from the USA. In practice, Bitcoin is a form of “digital money” that you can exchange any time of day or night, 7 days a week, for the real world currency of your choice whether it be USD, Euro, or Zimbabwe Rands.
This article is intended for those of you who have heard about Bitcoin before, but are were too intimidated to get set up using them. With this handy guide, that details each step along the way for you, including a picture to guide you, you will begin buying and selling bitcoins within minutes. Once you have bitcoins in hand, you can use them to gamble at the bitcoin-friendly gambling options offered by our partner sites.
How to exchange money to bitcoin
We suggest using two different sites for these exchanges (and base the guide on such.) These two sites are Coinbase.com and Blockchain.info. Both sites function differently and serve a different purpose when looking to help fund your online poker rakeback, sports or casino account. Coinbase is the easiest and most secure way to buy bitcoin using different funding methods and has a long and successful track record of keeping very sensitive information safe and secure. Blockchain.info is used as an intermediary to add another level of security and anonymity. Using both of these sites in conjunction (as our guide instructs) ensures maximum security, anonymity and ease of use in all cases.
Bitcoin is quickly becoming one of the most popular ways for people to transfer money from one place to another without having to hassle with credit cards or other third party sources that causes annoying questions to be answered and hoops to be jumped through. You will save considerable money not having to pay huge deposit fess, or withdrawal fees, or foreign transaction charges on your credit card deposits. Not to mention no more explaining those strange charges on your credit card to your spouse any longer. With this guide, we are hoping that you can unlock the ease of these completely anonymous transfers for yourself and take full advantage of the great offers from all of our partner casino, sports book, and poker sites.