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Bitcoin Casino New Zealand
Bitcoin casinos have become more and more popular in the past five years as they allow operators to offer great bonuses that traditional online casinos are still struggling with. Bitcoin’s anonymous nature has caused many bitcoin casinos to pop up as governments can’t totally regulate them.
Bitcoin Casino Gaming in New Zealand
For a long time now, the relationship between the New Zealand and online casino operators has been somewhat frosty. After years where regulators tried to block and black-list online operators who were accepting New Zealand gamblers, eventually, a change in law came into effect. Currently, New Zealand’s online gambling laws are considered liberal, implying that more New Zealand players are getting to enjoy the fun of bitcoin casino gambling.
How Bitcoin Casinos Work
Bitcoin casinos are similar to standard online casinos except that they accept bitcoin as either their only currency or as an alternative currency.
How to Make Your First Bitcoin Casino Deposit
For players who want to use bitcoin as their preferred currency at online casinos, the first thing you are required to do is to choose the best, and most reputable casino that accepts bitcoin as a payment method. We have listed the best bitcoin casinos in the New Zealand for our users to choose.
The second step is to take two to five minutes to open a betting account with your favourite bitcoin casino. Follow all the instruction to the letter to be eligible for sign up bonuses, no deposit bonuses, first deposit bonuses, and free spins. Once you are ready to make your first deposit, visit the casino’s banking page and complete the deposit procedure outlined.
Players who don’t have a bitcoin wallet must open one to facilitate the deposit and withdrawal processes. The good thing is that opening a bitcoin wallet is as easy as ABCD. There are four main types of bitcoin wallets- web, hardware, desktop, and mobile. Web-based wallets are easily accessible and more convenient compared to the rest, and a simple internet search will yield several of them.
Buying Bitcoin in New Zealand
Search for an online bitcoin exchange, a crypto exchange is an online bank where you can buy and trade cryptocurrency. You will have the opportunity to choose the amount you will like to buy, using multiple payment methods, and the amount will be released to your wallet once the transaction is processed.
After loading your bitcoin wallet, log into your bitcoin casino account and follow these simple steps:
Step 1: Select bitcoin (BTC) as your preferred currency.
Step 2: Choose from the list of bitcoin wallets.
Step 3: Copy your bitcoin depositing address.
Step 4: Log into your bitcoin wallet, enter the amount of coins you want to send, paste your bitcoin deposit address into the specified space, and click on release.
Step 5: Go to your online casino account, and the amount you send should reflect in your balance section.
Step 6: Pick your favourite casino games to play for cash.
How to Make Bitcoin Withdrawals
Withdrawing your winnings from a bitcoin casino is also a simple process. On your casino banking page, select the withdrawal tab, and specify the amount you desire to cash out. However, your cash-out must be within the specified limits.
Paste your bitcoin wallet address and click on the withdrawal button after confirming all the details are right. Your withdrawal should reflect in your bitcoin wallet after some few minutes.
Bitcoin Casino Bonus in New Zealand.
Bitcoin casino bonuses, bonus codes, free spins, no deposit bonuses, and first deposit bonuses are common ways for bitcoin casinos in New Zealand to attract more clients. At the same time, these bonuses offer some extra benefits to gamblers.
Savvy players out there understand that bitcoin casino bonuses are not merely free giveaways (though some do exist from time to time). To fully unlock these bonuses, a player must meet several requirements. Each betting company has its bonus requirements, and these requirements vary from “easy” to down-right impossible to achieve. New Zealand players should consider these points before rushing into any bitcoin casino bonus.
Wagering Requirements (Rollover)
All deposit bonuses have betting requirements/rollover enacted to bar players from depositing bitcoins and immediately withdrawing their bonus. These gambling requirements outline the amount that must be used (as a multiple of your total deposit and bonus) before the funds can be withdrawn.
Restrictions do not accompany a bitcoin deposit bonus on how much a player can win. However, if you take part in a no deposit or free spin bonus, then expect to come across a maximum withdrawal limit in place. Ensure you go through the terms and conditions well before opting for free spins or no deposit bonuses to avoid any nasty surprises.
To wrap it up, ensure you wager what you can avoid losing!