Beginner’s guide to keeping your bitcoin casino winnings safe
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Beginner's guide to keeping your Bitcoin casino winnings safe. Cryptocurrencies offer a range of benefits over traditional payment methods. For many online casino fans, it can be difficult to set up a digital wallet and make payments to and from it. This article gives you some tips and tricks to keep your winings safe when playing at a crypto casino with Bitcoin or any other digital currency.
Hot vs cold storage is the difference between online and offline storage of Bitcoin. Hot storage allows access to the funds relatively easily, whereas cold is more complicated. Bitcoin casinos recommend keeping a certain amount of your crypto in hot storage so that you can access it to play at Bitcoin casino.
The first thing to check is if the online casino is properly licensed. A licensed casino will employ a range of different safety measures to keep customers safe and to protect any funds they have on the platform. Bitcoin casinos usually provide you with a direct link where you can check whether their license is valid or not.
Read the terms and conditions and check any wagering requirements before withdrawing any winnings. Avoid casinos that are overly restrictive or that put high wagerting requirements in place. Be careful with the payment policies and pay particular attention to clauses that might limit how easily you can access your funds.
Make a budget and know your limits. Many experienced players avoid betting more than 1% of their monthly playing budget in any single gaming session. It will ensure that you can keep playing for the entire month.
Be aware of digital safety habits when playing online casinos. Online fraud has increased over the last year. For more information and advice visit www.begambleaware.org. For help with keeping your Bitcoin winnings safe visit BitcoinCasino.com. for more info.
