Bitcoin has changed the ways of Online Poker, but how? The answer is simple: it is easy to use, safe and fast. The number of Bitcoin Poker sites is significantly increasing, as people realize how profitable it can really be.
At the moment, there are three ways in which you can combine Bitcoin and online poker: there are Bitcoin-only Poker Websites, websites which accept BTC as a payment option, and the ones where you can make Bitcoin deposits through Neteller. Either of the options is profitable when it comes to the money you choose to cash out, because the fees are insignificant. But how does it work?
If you're going to pick a Bitcoin-only Poker Website, you'll first have to start a wallet and find an exchange to buy BTC from. For instance, Coinbase.com is one of the possible Bitcoin sources. Then, you can register on any such website and receive a unique deposit address. This address will help you transfer your crypto-currency to your player account. The first two steps apply for the other website types as well. To select Bitcoin as a payment method, you have to visit the cashier and access the deposit options.
One of the best parts is that you don't really need to know all the Bitcoin or crypto-currency terminology in order to be able to use it. There are only a few things worth mentioning: for example, when BTC is sent, it has to be signed by its corresponding private key. These keys are automatically handled through your wallet. In this manner, your transactions are safe - no one else can spend your BTC.
All these possibilities offered by crypto-currency in the online gambling world have determined investors to create and improve their BTC Poker Websites and Apps, generating profit both for themselves and the gamblers.