Cryptocurrency offers significant advantages for online casino transactions, particularly at Slotified Casino, where it enhances the gaming experience by simplifying payments, reducing high fees, currency conversion losses and most importantly faster payout processing times associated with traditional banking.
Slotified supports secure and private crypto deposits and withdrawals, automatically converting transactions into your local currency at current exchange rates to ensure fairness and transparency.
This not only provides an extra layer of security and anonymity but also aligns with most slot players worldwde who value discretion in their gaming activities. While setting up a crypto wallet for Slotified Casino may have a bit of a learning curve, it ultimately streamlines and automates online transactions for players.
Depositing with cryptocurrency at Slotified
- Select the cryptocurrency option in the payment section.
- The system will display an address to transfer your crypto to.
- Once the transaction is confirmed on the blockchain, your Slotified wallet is credited in BTC equivalent to your currency.
Withdrawing is just as easy
- Choose to withdraw in your preferred cryptocurrency.
- Enter the withdrawal amount, and our system converts it into the crypto equivalent fiat currency amount.
- Confirm the transaction, and the funds are transferred to your crypto wallet.
Cryptocurrency transactions at Slotified Casino offer unparalleled security and control over your finances. Leveraging blockchain technology, each transaction is immutably recorded and only traceable by the involved parties, minimising fraud and unauthorised access risks. Additionally, the flexibility of managing your winnings allows you to cash out based on favorable exchange rates, potentially increasing the value of your withdrawals. Once transferred to your crypto wallet, these funds can be conveniently converted and moved to your local bank account whenever you choose.
Setting Up Your Crypto Account
Getting started with cryptocurrency at Slotified Casino is simple. First, set up your crypto wallet – a process that typically takes just a few minutes. From there, link your wallet to your Slotified account to begin making deposits and withdrawals. Our customer support team is always available to guide you through the setup and answer any questions you may have.
When you open a crypto wallet, it’s like setting up a mini currency exchange. You connect your bank account to buy cryptocurrency and store it in your wallet. Later, you can sell the cryptocurrency and transfer the money back to your bank account.
Open a Crypto Wallet with Binance
- Visit Binance’s official website.
- Click on the “Register” button.
- Provide your email address and create a password.
- Read and agree to Binance’s Terms of Use and complete the captcha.
- Check your email for a verification message and follow the link to verify your account.
- Set up two-factor authentication (2FA) for additional security.
- Complete the identity verification process (KYC) for full access to all features.
- Once verified, navigate to the “Wallet” section on Binance.
- Select the “Spot Wallet” to find your crypto wallet.
- Begin depositing, trading, or investing as per your preferences.
Open a Crypto Wallet with Coinbase
- Go to the Coinbase website or download the Coinbase app.
- Click “Get Started” or “Sign Up.”
- Fill in your full name, email address, and choose a strong password.
- Verify your email address by clicking the link sent to your inbox.
- Enter your phone number for two-factor authentication (2FA).
- Verify your phone number by entering the code sent to you via SMS.
- Provide your personal information, including your date of birth and address.
- Answer questions about your employment and investment experience.
- Verify your identity by uploading a government-issued ID.
- Add a payment method such as a bank account or credit card.
- Once everything is verified, you can access your Coinbase wallet.
- Start using your wallet to buy, sell, store, and send cryptocurrencies.
Open a crypto wallet with Luno
- Visit the Luno website or download the Luno app from your mobile app store.
- Click on ‘Sign Up’ to create a new account.
- Provide an email address and create a secure password.
- Confirm your email address by clicking the verification link sent to you.
- Enter your mobile phone number to set up two-factor authentication (2FA).
- Verify your phone number by entering the code received via SMS.
- Complete your profile by providing personal details such as your name and country of residence.
- Proceed with identity verification by uploading a photo of your government-issued ID and a selfie.
- Set up your security features, like a PIN code for the app.
- Once your account is verified, navigate to the wallets section and your Luno wallet will be ready.
- You can now fund your wallet, buy cryptocurrency, or use it to receive crypto from others.
What is 2FA Authentication?
Two-factor authentication (2FA) is like having an extra lock for your online account. Normally, you have a key (your password) that lets you in but with 2FA, you need another key, which is a special pass code that changes every minute. You usually get this latest code from a text message, an app on your phone, or a small device which generates the code. Even if someone steals your first key (password) they can’t get into your account without the second key (the 2FA code) making your account much safer. The Google Authenticator app is compatible with Coinbase, Luno, and Binance for two-factor authentication (2FA) on most mobile devices. The app does not require you to sign in with a Google account; it simply generates time-based one-time passcodes (TOTP) that are used for the two-factor authentication process however it is recommended so that you can recover if you lose your phone.
The key thing to remember when dealing with cryptocurrency is its volatility. The exchange rate between your local currency and cryptocurrency can fluctuate widely, meaning the value of your crypto transactions can increase or decrease significantly, potentially leading to gains or losses.