Here you will find all the information you need on how to deposit Bitcoin on Bovada and how to withdraw it. Enjoy some of the most lucrative bonuses on from the casino that accepts American players and lets them gamble with Bitcoin!
A warm welcome to all of our American readers.
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Today’s article is for you as we are going to take a look at an online casino known for its great features and amazing bonuses. The name of this casino and Sportsbook is none other than Bovada.
So, is this casino “America’s No.1 online casino and Sportsbook” as their fame suggests?
How to deposit Bitcoin on Bovada and how can you enter their incredible poker room? These are all questions that are going to be answered in this article so be sure to stick around until the end.
Well, the selection of games is excellent and all of the titles on their website is provided by three industry-leading software providers called Betsoft, Rival, Real Time Gaming!
First of all, you will find the Sportsbook which is also their biggest attraction as most of their users spend their time there. A wide variety of sports is covered and there are countless betting options and special betting opportunities.
The same goes for their Racebook (Horse Racing) as well. Then you have the casino section where you will find a plethora of slots, table games, Blackjack, speciality games, and Video Poker titles.
Last is the Poker room but before we talk about it let’s take a look at the banking options available on Bovada and the bonuses they provide.
This section is divided into two parts, depositing and withdrawing. You came here to learn how to deposit Bitcoin on Bovada so this will be the first thing we tackle.
Just like Bovada advertises “Bitcoin is the cheapest deposit option at Bovada, making it the premier way to get your money in” but how can you actually do that?
First, you would have to purchase some of the cryptocurrency but before you did that you should get a cryptocurrency wallet.
Personally, we would recommend that you use one of the free cryptocurrency wallets provided when you purchase Bitcoin from one of the major exchanges such as Coinbase, CEX.io, or Binance.
Of course, all of those serve United States citizens as well. Bovada themselves recommendBreadWallet.
So after you get some Bitcoin you can select to store them in your private cryptocurrency wallet by using your unique address (This will look something like this: XX98BTCEKSDAXCA35B), such as Ledger Nano S or TREZOR.
You don’t have to be afraid of depositing in a wrong one as the address is unique for each wallet.
After you fund your wallet, you can then proceed to use it in order to deposit Bitcoin to your Bovada account.
You can do that in three different ways.
However, when depositing for the first time you should remember to use the promotional code if you want to claim a bonus that is.
That changes though when using a credit card. In that case, only the first deposit is free of charge and any subsequent ones come alongside a 5.9% fee.
Keep in mind that you may encounter some extra small charges when depositing with either option.
Bitcoin ones are usually only a few cents and you won’t probably have to pay even that unless you want your transaction to be completed faster.
For credit cards, it is common for currency conversion processes to add a 3% additional fee.
When depositing with Bitcoin the minimum amount is 10$ and the maximum is 5,000$.
When depositing with a credit card the minimum amount is 20$ and the maximum is 1,500$.
Just like before, you can withdraw your money either by using Bitcoin or Check by Courier.
When it comes to the fees though, Bovada isn’t that great as they will only cover one deposit made every 3 months. Each additional one in this time window will have to go through a 100$ processing fee.
When using Bitcoin you can withdraw once every 3 days. The minimum withdraw amount is 10$ and the maximum is 9,500$.
If you like playing with real currencies then you can make only one withdrawal per 7 days. The minimum withdraw amount is 100$ and the maximum is 3,000$.
However, this doesn’t apply to Bitcoin transactions as all of them, no matter whether it is a deposit or a withdraw, are totally free!
Now you can understand why Bitcoin get so much promotion on the site of Bovada!
As this article is about how to deposit Bitcoin on Bovada we are only going to mention the Bitcoin bonuses.
You should know that the Poker bonuses may not be applicable when using Bitcoin.
We also have an article about Online Poker Bitcoin Bonuses in case you are looking specifically for this information.
However, you can either deposit Bitcoin in the casino or the Sportsbook.
If you deposit in the casino you will get a 150% match bonus up to 1,500$ which is redeemable up to 3 times. In order to get it, you must use the promotional code “BVCBITCOIN150”.
The rollover requirements are 5 times for the Sportsbook/Racebook and 30 times for the Casino and it applies both to the initial deposit and the bonus amount.
If you deposit in the Sportsbook you will get a 50% match bonus up to 500$ which can be applied only once. Use the promotional code “BVSBITCOIN50”
This option comes with a playthrough of 25 times which can only be used in the casino and it applies to both the deposit and the bonus amount.
The Poker rewards are based on the amount of Poker Points you earn while playing. Every time you reach a specific amount a cash bonus will be given to you and there isn’t a rollover requirement applied to those.
Just like we previously promised you, here is the part where we will talk about the Poker room.
You can download the lightweight client on your computer but you can also access Bovada’s games through your smartphone or tablet’s web browser without needing a dedicated app to do so.
The Poker tables are very well optimised and the way they are laid out makes playing on them an enjoyable and hassle-free experience.
However, don’t you think that this Poker room is for everyone as the bets aren’t as low as you would think.
In fact, the minimum bet you can place is 1$ and it’s pretty needless to say that this is just the starting bet and it can go up very fast and easily.
So if you don’t have at least 50-100$ deposited don’t you even think to join the tables.
However, regular Poker tables aren’t the only thing you will find in that section.
There are countless Jackpot Sit n Go tournaments being held on a regular basis.
There are various “Nightly Majors”, as the site calls them, tournaments held every day of the week with buy-ins as low as 11$ and prize pools that can reach the 25,000$ mark!
In fact, there is a guaranteed 1.5$ million total prize pool for all the Poker tournaments held every week on Bovada’s platform.
Some tournaments like the one that is hosted every Sunday afternoon at 4 PM (ET) has a 100,000$ prize pool!
New types of tables are added every now and then.
One of the latest features to get implemented on the Poker room is the “Quick Seat” which enables you to quickly change between playing on one to another table so fast that the transfer is usually seamless.
Now that you know how to deposit Bitcoin on Bovada and how the bonus system works you should be good to go and start gambling on their site.
Be sure to use the cryptocurrency we talked about and to check out their Poker room as it simply is amazing.
Read more about other cryptocurrencies you could use to play poker onlineand visit our Bovada Review for more detailed information!
Now go on and claim those beautiful Bitcoin bonuses so you can get cracking. Good luck!
Bitcoin SV or BSV was created after Bitcoin Cash was forked in November 2018. It is one of the official coins of the Bitcoin Cash network. The other one being the Bitcoin ABC.
Bitcoin SV (full form Bitcoin Satoshi’s Vision) proudly named their new coin after Satoshi Nakamoto, one of the pioneers behind the development of bitcoins. The BSV coin has been developed following the principles of bitcoin bringing in more decentralization and scalability into the network.
The BSV project was undertaken by the nChain Development Company. During the hard fork of BSV, the price of bitcoins experienced a sharp decline but BSV reached a top spot in bitcoin market capitalization. Now that the BSV coins have been created, there is a need to store the coins in a secure wallet.
Since Bitcoin SV coins are a result of a hard fork, there are not too many wallets that support the coin. There are however a few third-party wallets but they often fail to meet the basic criteria of security, customer support, intuitive interface, etc. Here we have finalized a few wallets that not only support BSV but also will provide security to your funds and personal data. Let’s discuss about best Best Bitcoin SV Wallets For BSV coins:
Atomic Wallet is an open-source, decentralized, anonymous, multi-coin wallet that supports more than 300+ coins and multiple tokens including Bitcoin SV (BSV). Users are allowed to exchange the cryptocurrencies within the wallet through a built-in exchange feature. Users can earn extra through one-click staking of the PoS coins. Currently, Atomic wallet is airdropping 15 AWC coins for downloading the wallet. Steps are given below:
Claim your free 15 Atomic Wallet Coin (AWC):
Guarda wallet is an all in one, non-custodial cryptocurrency wallet designed for users having multiple cryptocurrencies in their portfolio. It a simple, easy to use, secure wallet that can be accessed from any device like a mobile phone or a desktop computer. It supports a huge list of crypto-asset including Bitcoin SV (BSV).
In Guarda wallet, users can buy, exchange, and skate cryptocurrency. Staking is a way through which users can earn periodic rewards for holding crypto assets. A few number of wallets currently supporting slating and Guarda is one of them.
Electrum SV is a desktop wallet and supports all the major operating systems like Windows, Linux, Mac OS, etc. Electrum wallet was founded by Thomas Voegtlin and is one of the most popular wallets for storing bitcoins. Electrum is a hierarchical deterministic or HD wallet that means you do not need to generate different addresses every time you receive coins in your wallet.
Electrum SV also has a splitting feature whereby you can split your Bitcoin Cash coins into BSV coins. The wallet is also supported by other wallets like Trezor, Ledger, KeepKey, etc. Electrum SV is completely safe as you can store your private keys in your own device.
Exodus is a desktop wallet and can be installed into desktops supporting Windows, Mac OS, and Linux. This wallet is also available for mobile devices. This is a third-party wallet and supports multiple cryptocurrencies including BSV. Exodus has a crypto exchange function supported by ShapeShift whereby you can exchange your crypto coins within the wallet itself. The wallet has an intuitive interface where you can view your portfolio, keep a backup of your addresses, and transactions. You can also integrate Exodus with the Trezor wallet and keep your private keys safely in the Trezor wallet.
Coinomi is a multicurrency wallet that was launched in 2014 and currently supports more than 380 cryptocurrencies. Coinomi does not reveal your IP address or store your private keys in its server while you are doing crypto business in the network. The wallet offers cryptocurrency swaps and is supported by Changelly and ShapeShift features. The wallet supports both desktop and iOS phones. You can download the application from Google Play and Apple iTunes into your iOS phones.
The desktop version is quite good and supports Windows, Linux, and Mac OS. However, one of the major drawbacks of this wallet is that it is not an open-source wallet but fortunately has not reported any major hacks or infiltration over the past few years.
CentBee is a mobile wallet and currently is one of the best wallets for storing your BSV coins. The wallet is affordable with a very easy interface and is supported by CoinGeek and Ayre Ventures.
The mobile wallet can be installed both in your Android and iOS phonesand can be downloaded easily from Apple iTunes and Google Play Store. One of the limitations of this wallet is that it is not an open-source wallet, but the makers of this wallet guarantee its security and there have been no incidents of hacking to date.
Edge is a multicurrency mobile wallet and apart from BSV, you can store 21 other cryptocurrencies. The wallet was first launched back in 2014 under the name of ‘Airbitz’ but was relaunched in February 2018 as the Edge wallet.
Edge is a wonderful mobile wallet with a really intuitive interface and portfolio where you can view all your daily transactions and keep track of your wallet funds. The wallet also provides exchange swap facilities between BSV and other cryptocurrencies. You can also buy other crypto coins using your native fiat currency. One of the good news is that the Edge wallet is a fully open-source wallet and so you are assured about the security verification of your code. The wallet is available both for Android and iOS users.
Blockchain multi-platform wallets can be downloaded both on your desktop and mobile devices. The wallet was launched in 2011 and so far, has over 33 million users worldwide.
The Blockchain wallet is a browser wallet and offers one of the lowest fees for transactions in the crypto market. The wallet also offers some of the best security features in the market like the 2-step verification process. Another security feature is that every time you do a new transaction, the wallet will create a new address which makes it very difficult for third parties to track down your wallet address and ensures full privacy to your data.
HandCash wallet is a simple mobile wallet that supports both Android and iOS phones. You can send and receive bitcoins by using your phone’s contact list.
One of the unique features of this wallet is that you can remain completely anonymous by using a nickname in place of your wallet address for sending and receiving Bitcoin SV coins. You can keep a backup of your wallet on Google drive and quickly recover the funds whenever you want. The wallet works on the mainnet.
The BSV support team is announced that soon it will be supported by the Ledger Nano S wallet. Ledger Nano S is one of the best crypto hardware wallet in the crypto market and its integration with BSV will be good news for BSV coin supporters.