With the rise of cryptocurrencies, many online casinos, including TenBet Casino, have begun to offer crypto payment options. This guide will provide you with a step-by-step overview of how to utilise these options while ensuring that you remain aware of potential pitfalls. Understanding the licensing and safety measures that come with these transactions is crucial in navigating your gaming experience.
Step 1: Registration
Before you can deposit using cryptocurrencies, you need to create an account. Follow these steps:
- Visit the TenBet Casino website and click on the “Sign Up” button.
- Fill in your personal details, including name, email address, and date of birth.
- Read and accept the terms and conditions, ensuring you understand the licensing under the UK Gambling Commission (UKGC).
- Verify your email address by clicking the link sent to your inbox.
Step 2: Choosing Your Cryptocurrency
TenBet Casino supports several cryptocurrencies. Before making a deposit, consider the following options:
- Bitcoin (BTC)
- Ethereum (ETH)
- Litecoin (LTC)
- Ripple (XRP)
Each cryptocurrency may have different transaction speeds and fees, so it’s wise to compare them.
Step 3: Making a Deposit
After registration, you can proceed to deposit funds. Follow these steps:
- Log into your TenBet account.
- Navigate to the “Cashier” or “Deposit” section.
- Select your preferred cryptocurrency from the list provided.
- Input the amount you wish to deposit. Be mindful of the minimum deposit limits (usually around £10).
- Copy the wallet address or scan the QR code provided.
- Complete the transaction via your cryptocurrency wallet.
Step 4: Claiming the Bonus
Many online casinos offer bonuses for new players. TenBet Casino often provides a welcome bonus that can include free spins or deposit matches. Here’s how to claim it:
- Make your first deposit using cryptocurrency.
- Ensure you meet the wagering requirements (typically around **35x** your deposit plus bonus).
- Check for any specific bonus codes that may be required.
Step 5: Playing Games
Once your account is funded, you can start playing. It’s crucial to understand the odds and return to player (RTP) percentages:
| Game Type | RTP (%) | House Edge (%) |
|---|---|---|
| Slots | 95-98 | 2-5 |
| Blackjack | 99.5 | 0.5 |
| Roulette | 97.3 | 2.7 |
Step 6: How to Withdraw
Withdrawing your winnings is just as important as depositing. Here’s how to do it safely:
- Go to the “Cashier” section of your account.
- Select “Withdraw” and choose your preferred cryptocurrency.
- Enter the amount you wish to withdraw (ensure you meet any minimum withdrawal limits).
- Confirm the transaction. Be aware that processing times may vary depending on the cryptocurrency used.
Potential Pitfalls to Watch For
While cryptocurrency offers various advantages, it is essential to be cautious:
- Volatility: Cryptocurrency values can fluctuate significantly, affecting your balance.
- Security: Always use two-factor authentication and ensure your wallet is secure.
- Regulatory Risks: Be aware of the legal landscape regarding cryptocurrencies in the UK.
TenBet Casino provides a range of crypto payment options that can enhance your gaming experience, but always proceed with caution. Understanding the terms, conditions, and potential risks involved in using cryptocurrencies is crucial for responsible gambling.