A smarter alternative to real currency, Bitcoin is considered as the fastest route for money transaction in the digital world and has gradually taken over the global economy. Bitcoin is a mirror reflection of the real currency except it is better in many ways. Its exchange rate works in the same manner as other currencies and it can be purchased online with almost any currency. People are using it for online shopping, and funding their business and casinos and its popularity has come to a point that it is now accepted in many offline payment systems as an accepted method, like paying for parking or buying groceries, etc.
What makes Bitcoin unique is its peer-to-peer transaction feature which requires no intermediary like a bank. This was one of the evident reasons of its success in the digital market along with the others. There are no physical Bitcoins as they only exist as a balance in a digital account. Due to its user-to-user transaction, it is not supported by many banks and governments.
What are the benefits of using Bitcoin?
- It is secure.
- It is efficient.
- It is effortless.
Setting up Bitcoin and Funding Win a Day
Follow the simple guide on how to start depositing at Win a Day with Bitcoins:
1. Set up your Bitcoin Wallet.
Setting up a Bitcoin wallet is one of the easiest steps in the procedure. It takes roughly 10 minutes to set up your own Bitcoin wallet and then you can start sending or receiving your very own bitcoins. Although there are many sites that provide secured an option for Bitcoin wallet, Blockchain and Copay are the most preferred and recommended by many casinos as well. These sites offer a simple, secure, and easy method of Bitcoin transaction. As said, these are recommended but you can still choose from a range of Bitcoin sites for setting up your wallet.
2. Purchase bitcoins for your wallet via one of the following means:
Just like a regular ATM, you can find a Bitcoin ATM online on the websites mentioned above. This ATM works exactly like a regular ATM and you can transact your bitcoin in the real currency’s worth. You can also use your card or cash to buy bitcoins in such ATMs.
Another advantage of using Bitcoin as a primary method of payment is that you can buy these bitcoins from any local seller in your neighborhood. You can find such sellers at localbitcoins.com.
To add to that, you can use major credit cards or even money transfer from your bank account to buy or sell Bitcoin through Online Bitcoin Exchange. These sites save you the hassle of going through any time-consuming procedure to buy bitcoins whilst also ensuring their security. Some of the recommended exchange sites are Coinbase and Bitstamp, but there are plenty of secure exchange sites which can do the work for you. After purchasing your bitcoins, you can send them directly to your bitcoin wallet that you have set up.
3. Deposit your bitcoins into your Win a Day account:
To deposit your Bitcoin in a Win a Day account, go to the cashier and enter the deposit amount in USD. Use your wallet address or its QR code to complete the transaction.
- The bitcoins will be converted to USD according to the current rate and deposited in your account.
- The exchange rate is updated every 15 minutes with an average of top three bitcoin exchanges.
- If deposited using bitcoins, any withdrawals will take one business day to be processed for payment.
About Win a day
For those who didn’t know, Win A Day Casino is a no-download sister site of Slotland that is also US … Continue reading >Win A Day Casino