PayPal allow gamers to sell and buy Bitcoins and to play pokies and casino games in Australia. Paypal is rolling out plans to start selling crypto and offering wallet services, and that could have a major impact on blockchain gaming. Coindesk based its news on ‘a well-placed industry sources’.
Having Paypal as a payment option inside blockchain gaming apps, would make user acquisition much easier. Not only is Paypal already being used by millions of gamers worldwide, it’s also connected to a creditcard or bank account. As a result buying crypto, tokens or in-game assets would become a much smoother experience.
Paypal would supposedly work together with cryptocurrency exchanges in order to provide liquidity. Coinbase and Bitstamp are being mentioned by Coindesk. Paypal and Coinbase already work together, because the American crypto exchange allows users in the United States, Australia and Europe to withdraw their money to their Paypal accounts.
Currently there are 700 million active Paypal accounts in Australia. Many users use Paypal as a payment option for their subscription, including for example PlayStation Online or Spotify. Having the option to offer Paypal as a payment option inside a blockchain-powered video game would be groundbreaking.
Users would be able to add ETH to their wallets for general trading. Perhaps they can buy in-game currencies directly through Paypal. Many apps directly connect to an Ethereum wallet, but through Paypal there’s also a direct connection to a bank account. In general it would make purchasing in-game assets much easier.
Paypal open up the doors for many newcomers into the blockchain space. Compared with traditional games, blockchain-powered games often have some difficult hurdles to take. The user experience involving the creation of cryptocurrency wallets, private keys, buying cryptocurrencies or paying transaction fees can be rather troublesome.
Paypal is one way to make things easier, but there are all kinds of initiatives to make the process smoother. Second-layer solutions like Matic Network lower the fees for transactions on the Ethereum network. These type of solutions will not only benefit transaction fees, but also the transaction speed. In addition services like Arkane Network already allow for easier on-boarding.
Improvement of the user experience doesn’t only come from a technology point of view. The studios behind all these blockchain games also need to think about their game design. Games like Gods Unchained and Sorare first give players some free non-blockchain cards, before users get in touch with anything involving blockchain technology. Sky Mavis is planning something similar for their popular game Axie Infinity, while mobile games like Chainz Arena, Brave Frontier Heroes and Knight Story already offer a lite experience without the need for blockchain knowledge.
Depositing money into Australian bitcoin casinos is quite direct and easier than you would think. Payments are processed instantly and in case of a delay, the pending transaction does not last for more than 30 minutes. Join a bitcoin casino Australia to experience the convenience that comes with using the currency.
Like deposits, withdrawals using bitcoin are fast, inexpensive and secure. A big advantage to this method is that bitcoin casino instant withdrawals are not only possible, but the norm. Once your bitcoin wallet is linked to your casino account, transactions in both directions are generally faster than any other banking option.
To withdraw from a bitcoin casino, simply log in and navigate to the withdrawal page. There you will be prompted to enter your bitcoin wallet address and the amount of bitcoin you wish to withdraw. Your funds will be with you in no time. Players who use this method love the total anonymity and security that it brings to online transactions.
Play Croco Casino Australia allows Bitcoin deposits to play pokies. You get 200% up to $5000 at this casino as sign up bonus.
Fair Go casino Australia is another wonderful online casino that allows Bitcoin deposits. You are offered $1000 as welcome bonus when you join this casino for the first time.
Rich casino is a legit casino when it comes to looking for the online casinos that accept Bitcoins. This casino is licensed and regulated with Curacao eGaming where you can enjoy over 800 pokies games. As a new player you are offered 400% BTC bonus on your first three times deposits.
Slotland casino offers awesome cryptocurrencies bonuses to players from Australia. Get 100% deposit bonus on your first deposit as a new player at this casino.
With over 4000 pokies games, this casino also accepts bitcoins and Australian players. Grab $700 sign up bonus as a new player.
There are various other bitcoin casinos that are exclusive to Bitcoins pokies only.
Bitcasino.io is an online casino for bitcoin players onlyYou can deposit, play and withdraw money with bitcoins – the only currency accepted at Bitcasino.io. As a new player you are offered a welcome bonus of 100% up to m฿ 1,000. Enjoy pokies, table games, multiple live casinos and over 1300 bitcoin casino games. Bitcasino.io is owned and operated by Luckbox Ent. Ltd and is regulated by the Government of Curacao.
NetBet casino is another Bitcoin casinos that is hybrid in nature. Which means it also accepts other currency as deposit options to play casino pokies. NetBet Website is owned and operated by NetBet Enterprises Ltd and is regulated by the Malta Gaming Authority. As a new player you get 100% bonus on all casino games.
VegasCasino is another online casino that accepts Bitcoins and is a trademark of Vegas Royal S.A. With loads of BTC casino games to play as a new player you are awarded 100% welcome bonus on your first deposit upto 1000mBTC bonus.
BtcVegas is another Bitcoin Casino offering 50 free spins as no deposit. This Bitcoin online casino has a wide selection of over 200 online games like Video pokies, Video Poker games, Blackjack, Roulette, Progressive pokies and many more.
A Gamecare certified online casino that accepts Bitcoins is 21 Dukes. While you get to play awesome casino games with BTC as a new player you also are offered 500% bonus on your first deposit all in BTC.
Jumbabet is a new hybrid Bitcoin online casino which was launched under the Funky Fortune brand licensed in Curaçao. It offers over 130 amazing games to enjoy in BTC. As a new player you are offered 100% up to $250 to play in BTC.
Grab 100% Welcome bonus + 100 free spins. 25 free spins as No deposit bonus at Betchain online casino when you deposit with Bitcoins to play pokies.
Most of bitcoin casino Australia allow players to withdraw their winnings using the currency. In betting sites, bitcoin casino withdrawals are instant, meaning that you get your money as soon as you withdraw it. Some casinos have a limit on the amount you can withdraw while others have none. It is vital to join the best bitcoin casino to have a great gaming experience online in Australia.
To make a deposit with Bitcoin at online casinos you need to first register a digital wallet and purchase bitcoins. You can purchase bitcoins with PayPal.
A bitcoin wallet or digital wallet is an online program that allows you to store cryptocurrency until you are ready to either spend them on something or exchange them for another currency.
There are different types of wallets on offer, each of which comes with different features. Some wallets can also only be used on certain platforms or internet browsers, so you’ll need to do some research before you commit to one. A few favourites include:
After finding a wallet that suits your needs, all you need to do is provide an email address and a password in order to begin the setup process. You can then begin trading bitcoin or any other cryptocurrency once this stage has been completed.
As mentioned previously, bitcoin can be purchased online at digital markets called bitcoin exchanges. There are multiple exchanges out there, but there are definitely some that are lest trustworthy than others. This is why it’s important to pick the right one. Some popular bitcoin exchanges include:
Most of the major bitcoin exchanges will require ID and, in some instances, a live image of your face via webcam to create an account. In any case, it’s a pretty easy process. After setup it’s simply a matter of purchasing bitcoin and storing them in your wallet.
Now download a digital wallet like Coinjar in Australia
Now that you have a digital wallet, it’s time to load it with bitcoin. To do this you’ll need to visit a bitcoin exchange market, such as Coinbase, Bitrefill etc. You can then purchase bitcoins using a credit card, bank transfer or another method for payment.
After registering a digital wallet and purchasing bitcoin, you can then simply visit online casino, select bitcoin as your preferred deposit option and nominate an amount you’d like to deposit. There will be a series of online prompts that you must follow. You’ll be able to start betting as usual once all of these steps have been completed. Follow these steps:
If you have any issues or questions, you can contact the online casino customer support team.
When compared to credit cards and other more traditional forms of payment, bitcoin is incredibly secure. This is because all bitcoin deposits are direct transactions between you and the casino. No third party is involved and all transactions are encrypted.
Bitcoin leverages blockchain technology in order to keep your deposits 100% anonymous. That means no sensitive financial data is shared and your personal details are kept a secret. Fund cannot be traced either.
Anyone can download a bitcoin wallet and begin trading cryptocurrency. In addition, there are no transaction fees when you deposit with bitcoin at online casinos
There are even now ATMs in Australia that allow you to withdraw cash from your bitcoin account. This means that bitcoin has crossed the line between being an exclusively online currency and is now totally accessible no matter where you are. All you really need is a means for purchasing bitcoin in the first place plus a bitcoin wallet.