Feb 02, · Deposit into Bovada with Bitcoin. Once you have a funded bitcoin wallet, you can select Bitcoin as a payment method when making your deposit at Bovada. From within the cashier, select the Bitcoin option and enter the amount you would like to deposit. The minimum amount you may deposit is $20 and the maximum is $5,Brand: Bovada. Minimum deposit + card fees: Gift cards have an activation fee and may be subject to additional fees applied by the card issuer. The amount of the card you purchase must be enough to cover these fees, plus our minimum deposit amount of $ and processing fee (%). We recommend a card of no less than $ to be safe. You can fund your Bovada account with any of the available deposit methods in your account. You have options to deposit through cryptocurrency, a Voucher code, most major credit cards, and select Visa or MasterCard gift cards.. Prior to purchasing a Visa or Mastercard Gift Card, make sure that it is good for ' International and Online Purchases '. NOTE: Deposit methods may vary from account to.
Bovada bitcoin deposit feeBovada Adds Bitcoin as a Payment Method Dec
Typically, you install the bitcoin wallet on your computer or mobile device and then the currency is stored on your device. So the bitcoins are stored in your bitcoin wallet, and your bitcoin wallet is a piece of software locally installed on your computer or mobile device, so if you use this type of wallet, it is imperative to have good backups.
There is another type of bitcoin wallet that you can use, which is an online wallet such as Coinbase. Coinbase is different than the typical bitcoin wallet because it is an online service where you can open an account and buy and sell bitcoin, and transfer bitcoin to another bitcoin wallet. And the most useful aspect of Coinbase is that you can easily and immediately buy and sell your bitcoins for cash, and easily transfer funds to and from your associated bank account! So you can buy bitcoin at Coinbase, but you will need to transfer it to another bitcoin wallet, such as Blockchain.
Coinbase basically simplifies the complicated processes of buying and selling bitcoin, but when it comes to depositing to Bovada, you should do it from a bitcoin wallet other than Coinbase. Once you have a funded bitcoin wallet, you can select Bitcoin as a payment method when making your deposit at Bovada. From within the cashier, select the Bitcoin option and enter the amount you would like to deposit. This is the bitcoin address you must transfer funds to. Copy this address.
Here you will paste the Bovada Bitcoin Address and then enter the same amount you would like to transfer and Send Funds. After a minute or two, your Bovada account will now be funded! Much like depositing with Bitcoin, you must supply your wallet address to Bovada so they know where to send your funds. Copy and paste your bitcoin wallet address when processing your withdrawal from Bovada.
Your first withdrawal of the month is free of any processing fees. However, as with the other withdrawal methods at Bovada, subsequent withdrawals are subject to a small processing fee. If you do not yet have an account at Bovada, click here to open your account. First off, you will have to buy Bitcoin. For that, we like using Coinbase. Coinbase makes buying and selling Bitcoins simple and straightforward. However, Coinbase does not allow any gambling transactions.
So you cannot use Coinbase as your Bitcoin wallet for transactions with Bovada. For that, we recommend having an account at Blockchain. Coinbase has over 3. Blockchain has over 11 million wallets with customers in over countries. Once you have a bitcoin wallet, add the wallet address to your Bovada account, and then bitcoin will be a deposit option.
The next screen will show you the Bovada Bitcoin address to send your money to. This Bitcoin address is unique to Bovada. Copy the Bovada Bitcoin address and then launch your personal Bitcoin wallet. This step can be done via your desktop or your mobile device depending on what Bitcoin app you may have on your mobile. There is a QR code you may scan with your mobile app to process the Bitcoin deposit. In your Bitcoin wallet, paste the Bovada Bitcoin Address in the Recipient field, enter the amount to send, and send funds.
As above, you need to have a bitcoin wallet associated with your Bovada account. With that requirement met, bitcoin will simply be one of your withdrawal options. When you select it, Bovada will give you the withdrawal amount by sending it your bitcoin wallet. You will have to provide the Bitcoin wallet address to Bovada so Bovada knows where to send your funds to.
Copy your Bitcoin wallet address and paste it when making your withdrawal. Bitcoin transactions may have limits from the wallet provider. Your bitcoin wallet can be either unverified or verified. Bovada does not limit bitcoin withdrawals. Bovada does not charge any fees for bitcoin deposits. Bovada also does not charge fees for bitcoin withdrawals specifically. Additionally, if a bitcoin transaction ever has to be resent, Bovada reserves the right to charge a reprocessing fee.
Relative to comparable financial transactions, bitcoin transactions occur fast, and the Bovada cashier system does a good job of taking advantage of this.
You can make a bitcoin deposit and have that money available to you in your Bovada account within a minute or two. This speed holds true with withdrawals as well, and this is perhaps one of the great allures of using bitcoin at Bovada. Perhaps the greatest advantage of using bitcoin for many is the anonymity associated with it. Bitcoin offers privacy with all its transactions. And you typically do not need to provide any personal details when using a bitcoin wallet.
As mentioned, the transactions are very fast. Being able to request and finalize a withdrawal within minutes is basically unheard of. And of course, another huge advantage is that there are no transaction fees sapping your bankroll.
Depositing with Bitcoin is free and your first withdrawal of the month is also free.