Your Guide to High-Quality Crypto Gambling at 7Bit Casino

Disclaimer

This guide is for informational purposes only. It does not provide financial advice.

Crypto gambling has taken the industry by storm in recent years, and for good reason. Digital currencies allow players to make faster transactions and gamble anonymously and securely. Our platform recognizes these features and encourages all registered Canadian gamblers to use them. Keep reading to learn more about cryptocurrencies and how to use them properly for gambling purposes.

What Is Cryptocurrency?

Cryptocurrency is a digital currency that facilitates online payments secured by cryptography. These virtual assets operate using blockchain technology. Therefore, you can use crypto coins for transactions without the need for centralized entities or banking organizations. Our platform allows Canadian players to deposit and withdraw funds through six crypto options, including:

• LTC;
• DOGE;
• BTC Cash;
• ETH;
• BNB;
• BTC.

Where Can You Get Cryptocurrency?

Your path to high-quality crypto gambling on our site begins with purchasing crypto coins through several popular methods.

Peer-to-Peer Marketplaces

P2P marketplaces are one of the most commonly used options players choose to enjoy our crypto-focused games. Services like CoinBase and Binance are prime examples of P2P platforms that allow people to connect through decentralized networks. This means you can acquire digital coins directly from other users.

Consider that P2P payments are riskier than other crypto transaction methods, as you are solely responsible for verifying traders. Platforms facilitating such financial operations always provide security recommendations to help you choose reputable traders. For example, ensure your chosen trader has many positive reviews and offers a favourable exchange rate.

Crypto Exchanges

Crypto exchanges offer various features and might intimidate some users with their complexity. Nevertheless, these platforms are similar to stock trading sites and provide a straightforward interface for buying and selling virtual currencies.

• Crypto.com is a widely-regarded crypto exchange known for its robust security features, so many Canadian gamblers prefer to buy digital coins here.
• Binance is a highly reputable platform with excellent exchange rates and various features packed into a simple interface. Because of this, the site is perfect even for beginners who have never purchased crypto.

Crypto ATMs

This method suits those who prefer to use cash or a debit card for purchases. With crypto ATMs, Canadian players can send purchased digital coins directly to their wallets. These machines can be found in the exact locations where traditional ATMs are typically placed, including supermarkets and other public places.

Create an Account to Start Crypto Gaming

Follow these initial steps to create a gaming profile on our site:

1. Visit any page and click the Sign Up button.
2. Register using your Google account or provide a valid email address and a new password.
3. Choose a suitable cryptocurrency.
4. Check the mandatory checkboxes to agree to the site’s terms.
5. Click the Sign Up button.

Make Your First Crypto Deposit

Once you have completed the registration requirements, top up your balance and start playing:

1. Open the Cashier tab via the Deposit button.
2. Copy your gambling wallet’s address.
3. Send the minimum allowable payment to this address based on your chosen cryptocurrency.
4. Check if the transferred amount has appeared in your account. The transaction should be instant.

How to Receive Crypto Winnings?

Since crypto payments are the fastest way to get your money, you can manage your bankroll much better than with fiat withdrawals. If you’re lucky enough to win a significant amount, follow these steps to send it to your wallet:

1. Go to the Cashier section.
2. Open the Withdraw tab.
3. Indicate how much money you want to transfer from your crypto casino balance.
4. Press the Withdraw button to complete the transaction.

Protecting Your Crypto Assets

Compared to fiat currencies, crypto coins offer much better security potential. You can store your digital assets in a software or hardware wallet.

For example, the Ledger Nano S is an excellent hardware option for protecting your funds from online threats. However, consider software wallets like Electrum if you want a more flexible solution for managing your funds. Remember that this crypto storage type is more vulnerable to hacking attacks.

Get Your Crypto Perks and Enjoy Quality Gameplay

Crypto gambling has become the fastest-growing trend in the industry for several reasons:

• Our Canadian players can use virtual currencies with more favourable limits.
• There are several convenient ways to acquire crypto coins online or offline.
• Our platform facilitates instant crypto payment processing.
• We offer much more substantial bonus rewards when you play with crypto.

Create a gaming profile on the 7Bit Casino site to experience these benefits and take your gambling sessions to the next level. Follow our responsible gambling recommendations to stay in control of your in-game decisions.