Bitcoin CSGO: What It Is And How It Works
Bitcoin is a crypto value decentralized, meaning that it doesn’t have a bank or specific administration but is instead based on a peer-to-peer network that allows transactions without needing any kind of intermediary through blockchain technology. Bitcoin is currently the most popular digital currency and can be exchanged for other currencies or products/services.
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Speaking of which, it can result very convenient also when it comes to any wager you may want to play on CSGO or other esports matches. In fact, it is by many punters the preferred form of payment for deposits or withdrawals. Before giving you an insight on the best websites that accept Bitcoin for CSGO gambling, we will explain to you how to create a Bitcoin wallet, deposit funds in it, and start betting.
Creating A Bitcoin Wallet
Crypto wallets can be in a variety of forms, including physical ones, and the way you can create them depends on the methods allowed. For example, you can go the safest way and directly download a full copy of the blockchain, but this option is quite tedious, so we suggest you turn to third party websites instead. Here is how you can create a wallet using these services.
- Sign up. Visit one of the websites (such as Coinbase) and simply create an account providing your name, email, and generate a password. Make sure it is a complicated one by including symbols and numbers.
- Verify your account. Do so by clicking on the link you receive by email, or alternatively validate your account with your phone if you have previously provided a number.
- Activate the wallet. To use your Bitcoin wallet, you’ll have to provide personal information in order for the website to verify you are a real person. Fill in the form with your details and attach a photo of your ID.
Depositing Funds In The Wallet
The way you deposit or withdraw funds can vary depending on the site you have chosen and on the country, you are from. In any case, generally, the most preferred options are either through bank transactions or with credit or debit cards (Visa, Mastercard, Maestro). You simply select the method you prefer and provide the details you are asked for (card number, expiry date, etc.).
Keep in mind that third-party websites always take a portion of the money you deposit, but generally, the amount is quite irrelevant. Make sure you always read their Terms of Service.
Finally, the last step. In order to buy, you can either indicate the amount of bitcoin you want to purchase or alternatively select how much money you want to spend so that the system selects for you how much bitcoin you will receive. Done! You now have Bitcoin for betting on CSGO.
Best Bitcoin Betting Sites
Almost universally considered among the top 3 best bookmakers, Unikrn is extremely tempting, giving all the perks they offer their customers. But it has one big problem: if you are not a UK, Irish, Australian, or New Zealander citizen, then you can only make money transactions on the website through cryptocurrencies. However, in light of our guide on CSGO betting with Bitcoin, it is not a problem at all! In fact, it means that the Bitcoin payment is already well consolidated and will not give you problems at all.
One of the best facts about Unikrn is their welcome deposit bonus of 200% up to a maximum of $300 or equivalent value, dedicated to all new users. On Unikrn, you find very good odds and a huge variety of CSGO markets. The website is also so popular because of the innovative features they frequently implement, such as Unikrn Connect, Unikrn Casino, or UMode, which allows you to bet not “against” the website but, instead, against yourself. Choose a challenge set on your favorite game, like CSGO, and if you complete it, you win the bet.
Luckbox is a CSGO Bitcoin ranked high on various aspects, but especially for its variety of CSGO markets, perhaps the most complete one of all esports bookies. You can bet not only on traditional markets like match or series winner but also on map picked, score, and more than 20 other options that make betting overall much more interesting.
Of course, the possibility of Bitcoin payment is supported, and it is a very easy and fast process as well. In any case, Luckbox is ready to assist its customers with support available via mail. The FAQ section is overall quite detailed and may be useful if you have general inquiries.
What we particularly appreciate about Luckbox is that they work hard towards ensuring their users’ health is safe, with a specific section entitled “Responsible Gaming” to help bettors go the right path with gambling without giving rise to addiction. In light of their social responsibility, the GamCare has been awarded to them and is displayed on their website.
Parimatch is one of the leading gambling businesses in the CIS region and has been operating since 1996. It is among the complete CSGO betting Bitcoin bookmakers there is. Not only do you have the chance of depositing and withdrawing via a cryptocurrency like Bitcoin on the main esports titles, such as CSGO. You also have the possibility to bet on traditional sports, 20 in total. As well as take part in casino games, like Poker. Parimatch also offers a Lottery and several other features, e.g., Live-in-Play betting, news coming from the sports and esports universe, tournament statistics, and analysis.
Parimatch is a time-proven: most scam bookies did not last months. Anyway, the website is legally licensed and takes all the steps necessary to provide a legit and fun experience, completely safe.