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Cryptocurrency Deposits Now Available
Enjoy reliable, fast, easy and secure crypto deposits at Slots Capital!
At Slots Capital we are making sure that players have the best and latest payment methods available. This means implementing the use of cryptocurrencies!
What is Cryptocurrency?
Typically, cryptocurrency is an internet-based, decentralized form of money. The first cryptocurrency, Bitcoin, which debuted in 2008, is still by far the most popular, influential, and largest. Since then, Bitcoin and other cryptocurrencies, like Ethereum, have developed into viable digital substitutes for currency printed by governments.
Cryptocurrency enables global, near-instant, 24/7, low-fee value transfers over the internet without the use of a middleman like a bank or payment processor. Typically, no government or other central authority issues or controls cryptocurrencies. Peer-to-peer networks of computers running free, open-source software are in charge of managing them. In general, anyone who desires to engage can.
The Top 5 Cryptos
The cryptocurrency market is growing and with this, more and more cryptocurrencies are raising. The amount of available cryptocurrencies has grown exponentially and probably will not stop. Not even the sky is a limit here.
Let's have a look at the top five cryptocurrencies on the crypto market. Besides the top representative of crypto money, Bitcoin, the following cryptocurrencies are in the top 5; Ethereum, Tether, Cardano, and Binance Coin. There is also Solana, which should not be forgotten to mention.
We will cover Bitcoin, the market leader, closer later in this article. So keep on reading to find out all you need to know.
What Cryptocurrency Can I Use to Deposit at Slots Capital?
At the moment you have three of the cryptocurrencies are supported for depositing at Slots Capital. Isn't that great, that you can deposit with three different ones? Once you head over to the cashier, you will see that you can deposit with:
Let's dive a bit deeper into the most known and most popular crypto coin - Bitcoin!
What is ₿itcoin?
Bitcoin is the first digital currency driven by lots of network chains. The Bitcoin network is decentralized, meaning it is a peer-to-peer payment network that allows you to make direct transfers without a middleman (banks, etc.). Also, it is the market leader when it comes to crypto money.
How Does Bitcoin Work?🤔
From the viewpoint of the user, Bitcoin is merely a computer program or mobile app that offers a personal Bitcoin wallet and enables a user to send and receive bitcoins with them. For most users, this is how Bitcoin operates.
A public ledger known as the "block chain" is shared by the Bitcoin network in the background. Every transfer that has ever been processed is included in this ledger, enabling a user's computer to confirm the accuracy of each transaction. All users have complete control over sending bitcoins from their own wallet address to another external wallet. Each transaction's legitimacy is safeguarded by digital signatures corresponding to the sending addresses. Furthermore, anyone can carry out transactions utilizing the processing power of specialized hardware and be compensated in bitcoins for their efforts.
Where Do I Get Bitcoin or Other Cryptos?
To buy bitcoin or to sell cryptocurrency you have to have an internet connection. Once you are connected to the internet, you are having multiple ways to purchase cryptos. The following options are available to you if you don't already own any bitcoins:
▶️Get yourself a virtual wallet (Blockchain recommended)
▶️Find a BTC ATM close to your location
▶️Visit a Bitcoin exchange to buy bitcoins.
▶️Use local trades
▶️Earn bitcoins by engaging in a mining competition.
What is Blockchain?
A blockchain is a particular kind of shared database that saves data in blocks that are subsequently connected via cryptography. The blockchain technology may vary from platform to platform but all have the same mission: processing your cryptocurrency transfers with little to no processing fees in a secured and anonymous way.
How to Create a Blockchain Account?
Creating a wallet is easy as opening up a Slots Capital player account. Simply register at the chosen platform and you are ready to go. Please be aware that you may need a valid picture ID (such as a passport or driver's license) in order to verify your account.
To monitor, sell and purchase your Bitcoins you need a Bitcoin wallet. Every wallet is set up with a private key, which is a combination of various number combinations and letters. Depending on your location you may have a certain variety in the available wallets 👛.
For players from the States, we would advise using Blockchain or Exodus. Both of them are beginner friendly, meaning easy to work with. For players from other locations around the globe, we suggest using one of these websites: Coinbase, cex.io
How Easy are Cryptocurrency Deposits?
The quick answer; depositing with crypto is straightforward and smooth. For advanced crypto users, it might be easier to navigate around the topic of digital currencies and how to initiate a transfer. Even if you are a beginner, once you know how to work your way around crypto, you will never unlearn it. Just like riding a bike!
If you are new to cryptocurrencies but want to explore the payment methods at Slots Capital, especially crypto deposits, we are happy to help. Check out the guide on how you can use your cryptocurrency to deposit at Slots Capital. You can access your favorite games with ease thanks to the low costs and the high security of decentralized cryptocurrency.
Benefits of Bitcoin & Co.
With cryptocurrencies like Bitcoin being decentralized, it brings a lot of advantages for the user.
Direct Transfers 🎯
With Bitcoin and other cryptos, no 3rd party is involved. It is a direct transfer from peer to peer. This also allowed transactions to be processed fast and without any additional fees. Since there is no middleman, the bitcoin network is working worldwide.
Almost No Fees 💸
Receiving your coins is free! Not only that! For a transaction that you initiate, you can decide how much fees you want to pay. Meaning if you don't want to pay high fees, you wont have to!
However, higher fees may encourage your transactions to be confirmed more quickly. Since fees are independent of the value being sent, it is conceivable to send 100,000 bitcoins for the same fee as sending only one.
In most of the available e-wallets you can select if you want to pay a little fee amount for your transaction to skip the line.
Transparent but yet Anonymous 😎
At any time you are able to review the transaction ledger of the bitcoin network. All transactions are noted for everyone to sneak into. Try having a look into a bank ledger and probably it won't be as transparent as Bitcoin.
Since you only need the crypto address for a bitcoin transaction, those transfers are safe and secure. You will not have to worry about personal data shared on the web. This means that although all transactions can be seen anytime, no one will be able to track a single transaction down to its "owner". Cryptocurrency is almost unhackable. Strong defense against identity theft is provided by not revealing any personal information.
Payment Flexibility 💃
Compared to banks and other authority institutions, crypto is available every hour of the day. There are no specific opening hours to make your business with cryptos. Bitcoins can be sent and received at any time, anywhere around the globe, without having to consider bank holidays.
Additionally, you have spare time as you don't have to visit a specific institution. You can deal with your bitcoin transfers online, making it possible to handle them mobile! Simply log into your e-wallet and let's go!
Fast and Easy Usage ⚡
With not bothering about open hours, the given safety, Bitcoin and others are easy to use! You are able to make your cryptocurrency deposits fast at Slots Capital Casino. If you are having trouble, please check out or step-by-step guide on how to make your Bitcoin deposit!
Safe and Secure 🔒
Since only you can access your wallet address, only you have the full control over and insights into your funds. With holding a Bitcoin account, you will never have to worry about your account being frozen or transactions put on hold out of the blue.
Backup and encryption are other ways that bitcoin users can safeguard their funds. Unless you are sharing your private key wallet, no one will be able to break into it. If you want to set your bitcoin wallet to the latest security level, you may want to explore the multi factor authentication options.
Stunning Crypto Bonuses!
All bonus-eligible players can enjoy fantastic bonuses on their cryptocurrency deposits! For the first deposit with Bitcoin, Litecoin or Bitcoin Cash, we are crediting your account with casino money (does that also count as cryptocurrency? 'cuz you know ... it's online 🤪).
Buy Bitcoin, deposit with it and redeem BITCOIN 600% for an extra 600% on your first deposit with Bitcoin or Bitcoin Cash. 🤑
Grab the bonus, and get more for your coins! Good luck, have fun and we are sure we'll see you cashing out a big win soon...
Additional Bitcoin Help
We hope you find this article helpful. If you are curious for more information check out the Youtube Channel 99Bitcoins. There are useful videos about the instant payment method. A secret note: the videos helped us a lot at the beginning of diving into the crypto universe and the treasures it has available for us.