Bitcasino deposit method: How to make transactions hassle-free

Bitcasino is a leading crypto casino that offers fast and secure transactions. The site supports different payment methods for both deposits and withdrawals, allowing you to make transactions hassle-free. 

To give you an idea of how to make seamless Bit casino withdrawal and Bit casino deposit transactions, here’s your guide: 

Deposits and withdrawals at Bitcasino

Bitcasino offers different payment options for fast and seamless transactions. Learn how each of these payment methods works below:

Bank transfer

Bank transfer is a widely used Bitcasino deposit method that allows you to deposit or withdraw Japanese yen (JPY) from your bank account to your casino account. You'll need to provide info such as your name and bank account number. The processing time for bank transfers varies depending on the bank, but it often takes a few business days.

Cryptocurrencies

Digital assets like Bitcoin (BTC) are a virtual currency that is decentralised, meaning they are not controlled by any central authority like a government or a bank. Instead, they rely on the blockchain to secure and verify transactions.

To use crypto as your Bitcasino deposit method, you'll need to have a virtual wallet that allows you to store and manage your coins. Your digital wallet will have a unique address, similar to a bank account number, which you can use to send and receive crypto.

Debit/credit card

Debit/credit cards are plastic cards issued to you by your bank to make transactions. When you choose debit/credit cards as your Bitcasino withdrawal method, you'll need to provide card details like the card number, expiration date, and security code. These details ensure that the payment is authorised and processed correctly.

What is the minimum and maximum withdrawal?

Bitcasino does not impose a maximum withdrawal limit and the minimum withdrawal amount varies depending on the payment method. Such as:

btc

Bitcoin (BTC) - 0.001 = mBTC 1

tether

Tether (USDT) - 20

eth

Ethereum (ETH) - 0.01

xrp

Ripple (XRP) - 20

ltc

Litecoin (LTC) - 0.1

trx

Tron (TRX) - 200

cardano

Cardano (ADA) - 10

doge

Dogecoin (DOGE) - 100

bnb-svg

Binance Coin (BNB) - 0.07

usdc-icon

USD Coin (USDC) - 20

polygon

Polygon (MATIC) - 20

ton

The Open Network (TON) - 10

yen icon

Japanese yen - ¥12,000

What is the maximum deposit?

Bitcasino doesn't impose limits on how much you can deposit. However, the site encourages you to set a budget and play within your means.

How long do withdrawals take?

Bitcasino processes most withdrawals instantly. However, there can be a slight delay if you request a large withdrawal as the site handles these requests manually.

Crypto

Once a crypto withdrawal has been finalised, the transaction must undergo verification on the blockchain. Transaction verifications require a certain number of confirmations depending on the withdrawal amount. On average, it takes roughly 10 minutes for one confirmation to be completed.

Fiat

Once Bitcasino has completed the processing of a fiat withdrawal, the site forwards the transaction to a payment provider. The completion of the transaction depends on the processing time of the payment provider. 

Bitcasino withdrawal methods through card and bank transfers may require up to 5 business days to be credited to your bank account. These timeframes are out of Bitcasino's control as they rely on the policies of each respective bank.

How long do deposits take?

Most deposit requests are processed instantly. However, third-party services like e-wallets or exchanges may take a few hours to upload the transaction to the blockchain.

As soon as the transaction is added to the blockchain, it needs to be confirmed several times. The number of confirmations needed depends on the coin you used for the deposit. For BTC, three confirmations are needed.

The transaction fee also affects the time it takes to confirm a transaction because crypto miners check transactions with bigger fees first. This means that a transaction with a lower fee might not go through for hours or even days.

To speed up the confirmation of your deposit request, it’s best to use the average transaction fee at that time. This will help your transaction get at least one confirmation within 10 minutes instead of a few hours. 

Bitcasino virtual currency payments

The site supports Bitcasino virtual currency deposits and withdrawals using the following coins:

tether

Tether (USDT)

btc

Bitcoin (BTC)

eth

Ethereum (ETH)

xrp

Ripple (XRP)

ltc

Litecoin (LTC)

trx

TRON (TRX)

cardano

Cardano (ADA)

doge

Dogecoin (DOGE)

bnb-svg

Binance Coin (BNB)

usdc-icon

USD Coin (USDC)

polygon

Polygon (MATIC)

ton

The Open Network (TON)

What is Bitcoin?

Bitcoin (BTC) is the leading coin by market cap created in 2009 by a pseudonymous Satoshi Nakamoto. It is the most popular coin and has become one of the most supported ones by various platforms like Bitcasino.

Why use BTC?

Unlike fiat currencies, BTC transactions take no more than a few hours no matter how large the money is or no matter where you’re located. BTC transactions also have smaller fees and chargebacks are impossible. BTC is not controlled by any central authority making BTC transactions private and irreversible.

How do BTC transactions work?

BTC transactions allow you to send money from one wallet to another. The payee and payer first trade a secret key, which is a random number.

The transaction then goes through various confirmations, from 0 to 5. The number of confirmations that happen often is 1. 

Sending a huge amount of BTC will require more confirmation. Each confirmation takes around 10 minutes to complete. Once done, the transaction can be viewed by anyone but no private info is revealed.

What is a BTC wallet?

A BTC wallet is a software program where you store, send, and receive BTC. It consists of two main parts: a public and a private key. The public key is like your account number, which you can share with others to receive BTC. On the other hand, The private key is the ‘secret password’ that gives you access to your BTC and should be kept secure.

Here are other types of BTC wallets:

Cloud wallets → These are the best and easiest wallets you can use. However, storing your BTCs in the cloud means trusting the service provider. Therefore, trust is important when using cloud wallets.

Some of Bitcasino’s recommended cloud wallets include:

  • Copay.io
  • Bitgo.com

Software wallets → These are apps or programs you install on your computer, tablet, or mobile device. They are more secure compared to cloud wallets since they give you full control over your private keys. 

Here are some of Bitcasino’s recommended software wallets:

  • Breadwallet
  • Mycelium

Hardware wallets → These are physical devices designed to securely store and manage your coins. Your private keys are stored on the device itself and are never exposed to the internet or your computer, providing a high level of security from malware and hacks. 

Some of Bitcasino’s recommended hardware wallets are: 

  • Trezor
  • Ledger
How can I secure my BTC wallet?

To secure your BTC wallet, here are the important steps you should follow:

  • Do not store all your crypto in one wallet.
  • Choose a trusted crypto wallet and enable two-factor authentication (2FA). This adds an extra layer of security by requiring a second form of verification. 
  • Regularly back up your wallet and store it securely in different locations. Don't forget to encrypt any backup that is accessible over the network.
  • Use a strong password that is at least 16 characters long with alphanumeric characters. 
  • If you're using a software wallet, keep your private keys offline as much as possible.  Avoid storing them on devices connected to the internet.
  • Be vigilant when accessing your wallet online. Avoid clicking on suspicious links or downloading files from untrusted sources, as they may contain malware that compromises your wallet's security.

How to choose the right payment method at Bitcasino?

Choosing the right payment method is important to have a secure and hassle-free transaction. Keep in mind the following to find the best Bitcasino payment method for you:

Factors to consider when choosing a payment method:

  • Different payment methods have varying fees and transaction processing times. Consider your priorities—whether you want faster transactions or lower fees—and choose the payment method that aligns with your preferences.
  • Look into how the payment method functions for both deposits and withdrawals and choose a method that works well for both. Some methods are suitable for deposits but have limitations or higher fees for withdrawals. 
  • If privacy is a concern for you, consider payment methods that offer enhanced privacy features. Coins like BTC provide a higher level of privacy compared to payment methods like bank transfers. 

Security measures for different payment options:

For credit/debit cards:

  • Credit/debit cards require a three-digit CVV code, found at the back of the card, to verify your identity during online transactions.
  • Banks and card issuers have systems that monitor your card activity for unusual or suspicious transactions. They may contact you to confirm a transaction if they suspect fraud.
  • Credit cards often offer chargeback protection, allowing you to dispute unauthorised transactions and get your money back if needed.

For bank transfers:

  • Banks use secure networks and encryption to protect your online banking transactions from illegal access.
  • Banks monitor transfer activity for any suspicious patterns or unusual transactions that may indicate fraud or illegal access.

For crypto:

  • Coins like BTC use blockchain tech which is a decentralised and transparent system. Transactions are recorded on a public ledger, making it difficult for hackers to tamper with the transaction history.
  • Crypto wallets use private keys, which are like secret codes that allow you to access and authorise transactions. Wallets like hardware wallets provide options for secure storage of these private keys.

Fees associated with various payment methods:

Most of the time, Bitcasino does not charge fees for transactions made using BTC, altcoin, or fiat currencies. If there is, you will be instantly notified of extra fees on deposits, withdrawals, and currency conversions.

How to deposit and withdraw on Bitcasino

Bitcasino offers different payment options for hassle-free deposits and withdrawals. Learn how to make transactions for each payment method below:

Bank transfer

For deposits using Bitcasino bank transfer, the minimum amount you can deposit is 1,000 JPY while the maximum is 1,250,000 JPY. Follow these step-by-step guide to deposit JPY to your Bitcasino account:

Step 1. Click the ‘Deposit’ tab in the upper right corner of the page.

bc-jp-image

Step 2. Select the drop-down menu to view all the supported wallet currency options.

bc-jp-image

Step 3. Look for JPY and click on it to make JPY your account’s main currency. 

bc-jp-image

Step 4. Choose the ‘Instant JPY Bank Transfer’ as your deposit method.

bc-jp-image

Step 5. Enter the amount you want to deposit or select from the deposit options provided.

bc-jp-image

Step 6. Select ‘Next’ and follow the deposit instructions from there.

bc-jp-image

Note: For withdrawal transactions follow the same steps but instead of ‘Deposit’, click on the ‘Withdraw’ tab.

Debit/credit card

Follow these steps to deposit crypto to your Bitcasino account hassle-free using the Bitcasino debit/credit card payment method:

Step 1. Select ‘Onramper’ as your payment method.

Step 2. Choose JPY and which coin you want to buy.

Step 3. Enter the amount you wish to deposit. 

Step 4. Provide your email address.

Step 5. Retrieve the code from your email address and enter it on the webpage. 

Step 6. Provide the required info and click ‘Continue’.

Step 7. Review your payment and fill in your card details.

Note: To prevent money laundering, withdrawals can’t be made using the debit/credit card payment method.

Crypto

Log in to your Bitcasino account and follow these quick steps to deposit BTC:

Step 1. On the upper right corner of the screen, click the ‘Deposit’ button.

bc-jp-image

Step 2. On the ‘Funds’ tab beside your ‘Active Balance’ in BTC, click ‘Deposit’.

bc-jp-image

Step 3. Click on the drop-down button and select the currency you want to use to buy BTC.

bc-jp-image

Step 4. Select ‘Buy Bitcoins’ and choose the payment method you want to use.

bc-jp-image

Step 5. Follow the steps of the payment method you choose to finish the process.

Note: For withdrawal transactions follow the same steps but instead of ‘Deposit’. Simply click the ‘Withdraw’ tab.

Customer support for Bitcasino payment options

Get answers to your transaction-related queries and learn how to solve transaction issues below:

What should I do if I cannot withdraw my virtual currency?

If you can’t withdraw crypto, try changing your payment method. If the issue persists, contact the site’s customer support or reach out to Bitcasino through email.

What do I do if I encounter a connection issue during a transaction?

Should the connection drop before the transaction is complete, contact Bitcasino right away along with the transaction details. The site will also ask for more info to ensure it is your account.

Why is my bank no longer on the list?

If a bank isn't currently showing up on the list, they may be having trouble processing online payments for issues like technical problems. The bank will return to the list as soon as its online payment service is back up and running.

How are my transactions confirmed?

The wallet provider, the blockchain, and the miners all work together to confirm each transaction. Transaction confirmation times depend on the blockchain and the transaction fee. It often takes up to ten minutes or several hours.

Here are the number of confirmations a transaction needs for each coin:

  • Bitcoin (BTC) → 3 transaction confirmations
  • Ethereum (ETH) → 12 transaction confirmations
  • Litecoin (LTC) → 6 transaction confirmations
  • Tether (USDT) → 12 transaction confirmations
  • Tron (TRX) → 20  transaction confirmations
  • Cardano (ADA) → No transaction confirmations are needed
  • Ripple (XRP) → No transaction confirmations are needed; it takes around 5 seconds for the deposit to come through

Payment safety and security measures in Bitcasino

Bitcasino ensures the security of your transactions through the following ways: 

  • The site uses the Know Your Customer (KYC) process to verify the identity of players. Bitcasino collects certain info and documents to ensure you are who you claim to be. KYC prevents money laundering, fraud, and other illegal activities.
  • Bitcasino requires you to submit a government-issued photo ID such as a driver's license, passport, or national ID card to verify your identity. This also protects your money and ensures your wins are credited to you. Bitcasino does this to ensure that your deposits come from legal sources.
  • The site uses physical, technical, and managerial protocols to ensure the security of the data you submit. Bitcasino also employs secure socket layer (SSL) encryption to secure all sensitive data. 
  • Bitcasino operates legally under the Curaçao eGaming regulations, under license No. 1668/JAZ. The site has safety measures to protect your funds and transaction info including secure payment processing and data encryption. 

Frequently Asked Questions (FAQs)

Do you have more questions about the Bitcasino deposit method and other transactions? Learn more with these FAQs:

Yes, you can use payment methods like bank transfers, credit/debit cards, and crypto for deposit and withdrawal transactions.
Bitcasino does not charge fees for transactions using crypto and fiat currency. However, depending on user agreement and terms and conditions, your bank or payment service provider may charge extra fees for currency conversions, deposits, and withdrawals.

µBTC and mBTC are units of measurement used in Bitcoin (BTC). µBTC is the smallest unit of BTC and the prefix ‘µ’ represents a micro-unit, which means one-millionth of a BTC (1 = μBTC 1,000). On the other hand, the prefix ‘m’ in mBTC denotes a milli-unit, which is one-thousandth of a BTC (BTC 0.001 = mBTC).