Crypto gambling has recently taken off on a massive scale around the world. Likewise, Bitcoin and other cryptocurrencies have faced mass adoption over the last few years. With 2017 being the pinnacle. After slow uptake, the Bitcoin price skyrocketed that year, bringing huge attention to a financial sector that is now becoming more mainstream. It has since further increased in value and popularity, with more and more outlets accepting the currency.
Out of all the cryptocurrencies to gamble with, Bitcoin has seen the most popularity, with a current market value teetering on +- $40,000 for just 1 BTC. With the potential for huge gains, Bitcoin and other altcoins make the online gambling market that much more profitable and rewarding.
Bitcoin comes with many advantages. One of them being the experiences you can have in highly lucrative arenas’, such as crypto gambling. Before signing up with a casino like Roobet, one would first need to find out where to buy Bitcoin.
A guide to crypto gambling requires players to know where to buy Bitcoin and other altcoins. With that being said, it is essential to know what cryptocurrency is best for online gambling. Straight off the bat, Bitcoin has proven its worth! It is touted as the number one cryptocurrency used for gambling, with a few other digital coins coming in as close contenders.
To be considered as the best cryptocurrency for online gambling, a token must offer inclusivity, low fees, and secure transactions while allowing for a high prospect of profit. At a crypto casino like Roobet, you will have access to some of the top contenders, such as Bitcoin, Ethereum, and Litecoin.
Although Roobet only accepts Bitcoin, Litecoin, and Ethereum, a question that often gets asked is how many cryptocurrencies are there? The answer is hard to pinpoint, as new coins continually come onto the market. However, with that being said, it can be estimated that at the start of 2022, there were over 18,000 cryptocurrencies in existence.
With more and more crypto wallets and exchanges coming about, buying Bitcoin is easier than ever before! To know where to buy Bitcoin, the user needs to identify the best cryptocurrency wallet. A Bitcoin wallet is easy to come by, but it is essential to pick one that is both reputable and efficient for the most secure transactions.
Roobet recommends Exodus, Coinbase, or Blockchain, although there are many other cryptocurrency wallets to utilize.
Bitcoin is the most adopted cryptocurrency to date, with many big companies including the digital coin as a payment option. Here are some of the most well-known business that has incorporated the use of Bitcoin:
Now for the most rewarding part of your crypto journey, Roobet. Once you have mastered the art of buying Bitcoin, or your preferred altcoin, now is the time to sign up with Roobet and get wagering to win!
The first step to wagering is making a deposit at Roobet using any one of the accepted cryptocurrencies, which are Bitcoin, Ethereum, and Litecoin. For those just starting out and interested in how to make a deposit at Roobet, here are the steps:
The recommended cryptocurrency wallet options include Blockchain, Coinbase, and Exodus.
Roobet accepted Bitcoin, Litecoin, and Ethereum. Take your pick and use your newly created cryptocurrency wallet account to buy crypto.
Copy and paste the roobet deposit address when making the transfer on your cryptocurrency wallet. Ensure the address and amount you wish to deposit are correct before hitting send. The Roobet deposit address can be found here.
After the cryptocurrency has been sent from your cryptocurrency wallet to your Roobet account, you will need to wait for all confirmations to take place—1 confirmation for BTC and LTC and three confirmations for ETH.
Filled with the knowledge of where to buy Bitcoin, Roobet gamblers now have a step-by-step guide to starting your crypto gambling journey, with a list of the top cryptocurrencies to gamble with.
