The hype around Sweepstakes Sportsbooks is at a high level right now, as players across the state can legally play favorite games online by using a sweepstakes model rather than a typical gambling model. q452n
One piece of information that many online gamblers interested in trying out a Sweepstakes Casino or Sweepstakes Sportsbook seek is how to open a crypto and make their deposits, since normal transactions are not available with some of the operators. For example, one of the biggest sweepstakes providers Stake.us only accepts crypto as the deposit method.
In this guide, we will explain the easiest way to open a crypto with one of the most popular and trusted wallets in the world and use it to fund sweepstakes casino or sportsbook s. The whole process shouldn’t take more than ten minutes of your time even if you never had an experience with cryptocurrencies before as it’s easy to grasp on.
How To The Action at Crypto Sweepstakes Casinos 4t5752
The first thing you are going to need is an with a sweepstakes or social casino. We are promoting five different in this page. Choose one or more sweepstakes casinos and complete the registration by setting up a name and .
Step two is to obtain cryptocurrencies accepted by the casino. In most cases, all sweepstakes casinos are accepting popular crypto like Bitcoin, Ethereum, BNB, Tether, Cardano and others. To get your hands onto these specific currencies, casino players will need to open an with a cryptocurrency exchange and purchase those required digital assets with real money.
After obtaining the crypto, simply head to the cashier and make deposit. Once done, you will be able to buy operator’s digital products (sweeps tokens and coins) and receive free sweepstakes entries which can be used for all casino games in the library to win real money.
If you end up winning some cash, the withdrawal process through the cryptocurrency exchange is the same. Convert your winnings into tokens, redeem them for real cash and select “Cryptocurrency” as the withdrawal method. The house will pay you out in desired crypto, which you can convert in the exchange (like Kraken.com for example).
Owning a Crypto Wallet 103f9
Even though a popularity of cryptocurrencies in the US has slightly declined in the last couple of months, there are still many positive sides to owning a crypto wallet. It’s needed for everyone who wants to invest or use cryptocurrencies.
There are so many reputable wallets available nowadays, including:
- Trust Wallet
- Electrum
- Mycelium
- Kraken
- Exodus
They are simple to use, compatible with different devices, secure and have customer .
Choose one of those, install a software on your mobile device or PC/laptop and the wallet is going to be created automatically. Just make sure to do it from the official app store to avoid ing malicious programs.
The next part is the registration. Create an by filling in standard information such full name, address, e-mail, date of birth and such. Some of the abovementioned wallets do require their s to complete the verification process, which usually includes taking a selfie with a government-issued ID.
After your is set, you are ready to transfer your assets which can be done in multiple ways:
- Direct deposits from your bank
- Exchange cryptocurrencies
- Send/receive crypto from another wallet
After transferring the assets, simply to your Sweepstakes Casino or Sportsbook, select “Cryptocurrency” as the deposit method and complete the transaction. Simple as that! All of the operators we promote in our general Sweepstakes Casino guide do accept Crypto as the deposit/withdrawal option. Don’t forget to check the and conditions, as well as potential fees for this type of transaction.
To summarize the entire process, here is a short step by step guide on how to open a crypto wallet:
- Choose one of the wallet providers from our list above
- their official app
- Complete the registration and the (if required)
- Fund your wallet either by depositing from your bank or transfer your crypto from other wallet