Are you interested in using crypto as a payment method at VipSlots, but don't quite know where to start? Keep on reading, we'll get you equipped with navigating the crypto payment world like a pro!
WHAT YOU NEED:
A wallet for your cryptocurrency is like a physical wallet for your physical cards and cash. It
is
where you'll store your cryptocurrency, and it is also what you'll need when you want to make a
crypto deposit or withdrawal at VipSlots (we'll get to that later).
The options for different wallets are endless, but there are some choices your peer crypto users
have found the most suitable:
In addition to a wallet, you will also need an exchange account. Simply put, an exchange account is a place where you will change your USD to your preferred cryptocurrency. Like wallets, there are also plenty of exchange accounts. Below you'll also see a few options our players have found the best suited for them:
Instead of an exchange account, you can also add Bitcoin to your wallet using Bitcoin ATMs. Bitcoin ATMs are popping up everywhere! Just deposit your cash into the ATM, and then scan the code on the screen with your phone's Bitcoin wallet scanner, found in whichever wallet you ended up choosing above, and the funds will appear in your Bitcoin wallet. coinatmradar.com is a search tool that will help you find a nearby Bitcoin ATM.
The next thing is to buy your preferred cryptocurrency at your chosen exchange account and then transfer the amount to your chosen wallet. If you are unsure how to do these steps, please follow the how-to guides your service providers have available. Even if it might sound difficult at first, buying crypto and sending it to your wallet only takes a few minutes. After you do it once, you won't have any problems with secondary attempts.
You have now funded your wallet with cryptocurrency, and you're ready to deposit! The next thing is to bring this virtual currency to use at VipSlots.
Follow these steps to deposit with crypto:
At this point a crypto deposit address will be generated on the screen, as well as a QR code. After this, you need to:
CRYPTO WITHDRAWALS
Once you are ready to receive a FREE Bitcoin withdrawal, please just submit the amount and method of Bitcoin on the website, and then contact our support team with a Bitcoin address to send the funds to, which you can generate from your wallet's "Receive" section. We will have the funds sent over to you in a jiffy! Currently, we are only offering withdrawals with Bitcoin. The free withdrawal is offered to one payout per month/player.
BENEFITS OF USING CRYPTO
The steps above seem like a lot of work, so why not just keep on using a credit card with a
simple,
familiar process?
It is true that setting up for using crypto takes some work. You'll need to set up your new accounts
(unless you have something ready) and learn the steps of how to use them. However, that's the
process with everything new you do in life, right? Trying something new requires learning something
new, but it doesn't mean it is just work from there on. Using crypto has multiple benefits:
BIGGER BONUSES
We at VipSlots love crypto and want also you to try it. To give you a gentle nudge in this direction we have crafted a 300% Crypto Welcome Bonus – but that's not all! At VipSlots we offer our players regularly promotions that can be only accessed with crypto deposits. Bigger and better bonuses combined with the other benefits of using crypto. Sounds pretty good, right?
FAST TRANSACTIONS
Crypto transactions take a matter of seconds to send and receive, unlike the banking system which takes days to receive a wire. The technology behind crypto is far superior to any banking system in existence; it is easier to use, and much faster.
CHEAP
The current miner's fees being charged on crypto are extremely low, and receiving one payout per month with VipSlots is Free! Save yourself in bank fees and exchange losses.
USAGE
Did you know that you can use crypto to shop on Amazon and OverStock, book hotels on Expedia, and buy plane tickets/book hotels on CheapAir? Well, you can! There are many ways to use crypto these days, and the number of merchants accepting it as payment grows day by day!
SECURE
With your password-protected wallet/exchange residing on your phone, and your app locked to a secret key phrase, your crypto account is as secure as could be. Unique transaction addresses and blockchain technology make hacking crypto transactions impossible. And unlike banks, when you own the keys to your crypto wallet, you own your money. It won't be lost in a bank's closure, no one will tell you how much you can spend, or where, and it is always accessible to you.