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How You Can Use Crypto to Secure a Bigger Welcome Bonus
Public Group active 1 week, 5 days agoThe way we can add funds to crypto accounts has changed dramatically in the last few years. With crypto deposits now accepted by many online casinos, the speed and convenience of using digital assets can also lead to more impressive welcome bonuses. How can you grab the best offers even if you’ve never used digital tokens before?
Check the Size of Fiat vs Crypto Bonuses
Some casinos that accept cryptocurrencies give different welcome bonuses to users who deposit using one of these tokens. If we check out this casino slots sign up bonus offer, we find that the users who add funds using digital assets get a bigger cash match figure, as well as more free spins.
This means that the same level of deposit goes a lot further when you start exploring the site. The games you can play don’t vary depending on the type of currency you use, so it’s just a question of using what feels most convenient and gives you a bigger bonus.
That link above confirms that both types of deposit give you a set of free spins on the Golden Buffalo slot, but you get 30 of them with a crypto transfer, compared to 20 if you use fiat currency and a card.
This short video captures the excitement of online crypto slots that has helped them become so popular these days.
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What Crypto Token Should You Use?
With over 50 million cryptocurrencies on the market, it’s easy to get confused when you’re starting out. Bitcoin (BTC), Tether (USDT), and Litecoin (LTC) are among the most popular options to choose from, but there are plenty of different ways of adding crypto to a casino account. The bonus is usually the same no matter what token you use, so it’s simply a question of which one is right for your style.
Some people choose BTC because it’s the biggest token by market capitalization, meaning that it offers unbeatable liquidity depth, so buying and selling won’t be an issue. USDT is popular among those players who want to remove the risk of any price volatility affecting their winnings.
LTC offers a different advantage, as it’s basically a fork of the original BTC code that was designed to be faster and have lower network transfer fees. It’s since had extra privacy tools added to it. Other tokens offer various advantages, so you should take a moment to see which is right for you.
The Terms and Conditions to Follow
When you collect any type of casino bonus, it’s important that you understand the terms and conditions that apply. This is where you can see crucial areas, such as wagering requirements, game contribution levels, and any other details like minimum deposits and time limits.
If you’ve decided to use crypto for your deposit, there are unlikely to be any specific areas here that affect that decision. However, you should still check these T&Cs to make sure that you’re aware of what you need to do.
What to Do If You Win When Using a Crypto Bonus
Let’s imagine that you claim a welcome bonus and hit all of the parameters while taking home a win. The good news is that the funds will now be listed in your account as being available to use or withdraw.
You might decide to keep the cash right there in your account, so that it funds your future playing sessions and lets you keep having fun without having to make further transfers. In this case, there’s nothing you need to do just now.
If you decide to withdraw some, or all, of those winnings, this is where you can send the money back to your crypto wallet. It’s a simple process where you type in your wallet address or scan the QR code to get it exactly right in next to no time.
You’re now faced with an interesting choice, as you might want to keep the token in your wallet. This is a way of separating it from the money in your main bank account, whether that’s to keep it set aside for gambling purposes or for some other reason.
Otherwise, you can explore the off-ramp options. For most people, this means changing it to a fiat currency using an exchange platform like Coinbase or Binance. Again, it’s a simple process and means that your crypto winnings will be in your bank account for you to use almost immediately.
With online casinos offering bigger bonuses to crypto users, this is a good moment to start exploring these tokens. If you’ve ever wondered about Bitcoin, Litecoin, or other tokens, it’s a simple way to start using them while gaining an extra benefit from doing so.