UK Casino Deposit with Cryptocurrencies
What is Cryptocurrency in UK and why do I need to use it?
What is Cryptocurrency in United Kingdom?
To put it simply, this is digital money that is created by converting information into encrypted code. The blockchain technology is used for this purpose, a revolutionary way of storing and distributing information, which cannot be interfered with from the outside.
All cryptocurrency payments in Great Britain as a UK Casino Deposit with Cryptocurrencies are made directly between the parties. There is no way to cancel them, block funds, or arrest an account. In addition, the payment system in cryptocurrency is completely decentralized — there is no regulator that can somehow influence the transaction.
How to get a crypto wallet — create an account on the Binance exchange.
Using bitcoins in United Kingdom to interact with poker rooms is quite simple. We will clearly go through all the points step by step and give the necessary explanations.
The first step is to get a bitcoin wallet. For example, let’s create a wallet on the Binance exchange. The registration procedure on the Bitstamp exchange is performed in the same way.
Step one: register on the exchange
First, you need to go through the registration procedure. Go to the Binance website and click the “register” button, specify your email address and password.
Step two: confirm your email address
An email with the activation code will be sent to the specified email address.
Step three: pass the verification
It is best to go through the verification procedure in Great Britain immediately. You will need to fill in your personal information, photo or scan ID (passport or driver license), send your photo (you can do this directly from your smartphone) and send a document confirming your residential address (utility bill, Internet bill, phone, etc., which contains your first and last name and residential address).
Verification takes some time. After the data is confirmed, you can use your bitcoin wallet.
How do I make a UK Casino Deposit with Cryptocurrencies?
Step one: select the Deposit method
From the “checkout” menu of the poker room, go to the deposits page and look for a way to deposit bitcoins.
Step two: make a Deposit
Enter the amount that we transfer and click “Deposit”.
Step three: copy the address of the poker room’s BTC wallet
Copy the address of the bitcoin wallet of the poker room (please note that it is one-time and you will not be able to make other transfers to it) and go back to your account on the exchange.
Step four: go back to your account on the Binance exchange
Go to the “Withdraw” menu. In the address line of the BTC recipient, insert the address we copied, enter the amount to withdraw and click “Send”. Confirm the transfer by SMS or email. Please note that a standard commission of 0.0004 BTC is charged for the transfer. After the transaction is confirmed by the network, the money will be credited to our account in United Kingdom.