Best Bitcoin Poker Sites & Crypto Poker Bonuses
This page should serve as a guide not only to Bitcoin itself, but also to Bitcoin Poker and everything you need to know about playing online poker for real money using Bitcoin.
In the first part of the page we explain what Bitcoin and the Blockchain technology is, how Bitcoin is mined as well as how Bitcoin wallets and Bitcoin exchanges work in order to give you a basic understanding of the technology behind it.
In the second part we follow up with a guide how to buy Bitcoin, we explain why Bitcoin is perfectly suited for online poker and review the best Bitcoin Poker Sites and rakeback deals.
What is Bitcoin Poker?
The term Bitcoin Poker refers to online poker sites, where Bitcoin is used as currency or where you are playing online poker for real money using Bitcoin.
In addition to that, online poker sites where you can use Bitcoin as a payment option, also fall into this category.
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How to buy and use Bitcoin for Online Poker?
When you want to use Bitcoin to play online poker, the first step is to download a Bitcoin wallet or sign up at one of the top cryptocurrency exchanges such as Binance or BitPanda.
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It only takes a few minutes to create a Bitcoin wallet. Once done connect the Bitcoin wallet to your preferred payment options such as use credit card, bank wire or eWallets like Skrill, NETELLER or ecoPayz to buy Bitcoins from a Bitcoin exchange or broker such as BitPanda, Binance or Coinbase.
Then you go to the Bitcoin Poker Site of your choice, select Bitcoin as deposit method and start playing. That’s it!
What are the best Bitcoin Poker Sites?
This question is difficult to answer as this depends on your personal preferences and taste.
To help you quickly find the best possible Bitcoin Poker Site, we have created the below list with the best Bitcoin Poker rooms currently available.
We highly recommend you to choose one of the following Bitcoin Poker Sites: GGPoker and Natural8.
All of the above have been reviewed and tested regarding the most important features such as software, security, gameplay, promotions and promotions by our team of online poker experts, so you can’t go wrong with either one of them:
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Why you should use Bitcoin for Online Poker?
The answer is because Bitcoin is perfectly suited for online poker: It’s safe, fast, cheap and anonymous! What more can you ask for?
One of the most important things to consider is that the number of pure Bitcoin Poker Sites is on the rise and that a lot of online poker rooms nowadays give special crypto poker bonuses, when you deposit with Bitcoin.
Another one is that the fees for deposits or withdrawals are much lower than the fees for all other payment options, so you can actually save quite some money when you deposit and withdraw with Bitcoin.
We have listed the most important advantages of Bitcoin Poker here:
- Bitcoin is the safest, fastest and cheapest payment option for online poker
- Payments using Bitcoin are completely anonymous
- The fees for both deposits and withdrawals are much lower
- A lot of online poker sites nowadays offer special Crypto Poker Bonuses
How to buy Bitcoin for Online Poker?
First of all you need to download a Bitcoin wallet or sign up at a cryptocurrency exchange to be able to buy Bitcoin. We highly recommend Binance and BitPanda as they have the biggest selection of altcoins, lowest fees and highest security.
To open a Binance or BitPanda account is easy and should not take longer than two minutes.
As soon as this is done you are able to buy and sell Bitcoin using all common payment options such as bankwire, Visa, Mastercard as well as Skrill or NETELLER.
The last two are very popular among poker players and on top we offer the best cashback deals for NETTELLER and Skrill on the internet!
Once you have bought Bitcoin, you simply choose your favourite Bitcoin poker site from above, select Bitcoin as deposit method and start playing online poker for real money.
Ultimate Guide how to use Bitcoin for Online Poker
To conclude our journey into the world of Bitcoin Poker, we thought it’s a great idea to sum up the most important points and create the ultimate guide to Bitcoin Poker.
When you have thoroughly read the content of this page, then you should now have a decent understanding of Bitcoin, how it works and why Bitcoin is perfectly suited for online poker.
If we have convinced you and you want to use Bitcoin for online poker, then simply follow the steps below and you will be good to go in only a couple of minutes:
- Sign up at Binance or Bitpanda by clicking on one of the two links.
- Load your Binance/BitPanda Account using Skrill, NETELLER, Bankwire or Credit Card and buy Bitcoins.
- Sign-up at any of our Bitcoin Poker Sites from the above widget.
- Make a deposit using Bitcoin and start playing!
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What is Bitcoin?
Bitcoin is a digital currency, which is created and held electronically. Bitcoins are not printed such as other currencies, they are produced by both private persons and businesses in a process called “Bitcoin mining”.
Bitcoin is the first and most popular cryptocurrency in the world. It was invented by an unknown Japanese called Satoshi Nakamoto in 2009.
Bitcoin is not only the most-used cryptocurrency, it also has by far the highest market cap, while constantly increasing in price and setting one new All Time High after another.
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What are Cryptocurrencies?
Cryptocurrencies are digital assets designed to work as a medium of exchange. By using cryptography transactions are secured, the creation of additional units are controlled and the transfer of assets are verified.
A cryptocurrency is operating independently from a central bank, payments are super-fast, safe and completely anonymous.
In addition to that, the fees for transaction using Bitcoin are much lower compared to other common payment options such as credit cards or eWallets. Bitcoin was the first decentralized cryptocurrency. Check out the best crypto poker sites and bitcoin poker sites.
How is Bitcoin produced?
Bitcoin is produced by a competitive and decentralized process called “mining”. Bitcoin mining is the process of adding transaction records to the Bitcoin blockchain, which is performed by very powerful computers.
Bitcoin miners securing the network as well as processing transactions. They are rewarded for their efforts in form of Bitcoin.
What is a Blockchain?
A blockchain is a digital and decentralized ledger for all cryptocurrency transactions. It serves to confirm transactions to the rest of the network.
The blockchain is constantly growing as the most recent transactions, also called blocks, are added to it in chronological order.
The blockchain therefore allows market participants to keep track of transactions, so that there is no need for central recordkeeping.
In addition to that, Bitcoin Poker Sites and blockchain technology and online poker are a perfect fit.
The Bitcoin Price has more than sevenfold in the last 12 months!
Bitcoin has been absolutely crushing in the last 12 months reaching one new All Time High after the next:
Within one year the Bitcoin Price has more than sevenfold increasing from $9,000 all the way up to it’s current All Time High of $64,804.
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This equals an 891.9% increase within last year and no end seems to be in sight.