Get to know Bitcoin

What you need to know:

• Bitcoin and other cryptocurrencies are digital currencies that can be used to make purchases online, including making a deposit to your Bovada account – we’ll show you how!
• Following our easy-to-use guide will help you avoid fluctuations in Bitcoin value, it’ll be as if you’re depositing with USD directly.

What are the advantages of using Bitcoin at Bovada?

• Bitcoin (BTC) transactions are guaranteed – never be frustrated by credit card failures again;
• Every Bitcoin transaction is free at Bovada – you won’t pay more to deposit or withdraw;
• Withdrawing your winninges has never been faster – from approval to your wallet in minutes;
• Bonuses are BIGGER and BETTER with Bitcoin!

Here's what you'll need:

• A Bitcoin wallet – allows you to store your Bitcoin and is where you’ll make transfers to and from Bovada;
• An exchange account – where you will buy your Bitcoin and convert your winnings back to USD;
• Government issued ID –verification is required to set up your Exchange Account;
• A debit card – the fastest method to purchase Bitcoin;
• Mobile phone number – wallets, exchanges and Bovada may require this for secure SMS validation.

Important Reminders:

• You’ll need to leave the Bovada site to open a wallet and exchange account; bookmark this page so you can return easily;
• This guide is specific to getting started with Bitcoin (BTC) – similar steps can be followed if you’re using Bitcoin Cash (BCH).

Desktop Wallet: Blockchain       Mobile Wallet: Exodus

What you need to know:

• Opening a Bitcoin wallet is free and takes less than 5 minutes;
• A Bitcoin wallet stores and allows you to transfer Bitcoin securely;
• Wallets ensure the security of your Bitcoin and allow you to spend privately.

How do I know which wallet is right for me?

• Choose the Bitcoin wallet that suits you best, the options below are those that players have found are the quickest and easiest to set up:
  • ○ For your desktop or tablet, sign up for a Blockchain wallet;
  • ○ For your mobile device, download an Exodus wallet.

Important Reminder:

• You’ll need to leave the Bovada site to open a Bitcoin wallet; bookmark this page so you can return easily.

Visit CryptoVantage to find an Exchange that's right for you.

What you need to know:

• Opening an exchange account is free and takes approximately 5 minutes;
• An exchange is used to purchase Bitcoin (BTC), it’s also where you’ll convert your withdrawal back to USD;
• Opening an account at an exchange is like opening a bank account – verification is standard;
• Verification times can vary, but typically only take a couple of minutes, depending on the information requested (ex. The last 4 digits of your SSN);
• Exchanges will charge a small fee for your transactions – but less than current credit card Fees.*
  • ○ Fees vary depending on the exchange you choose

How do I know which exchange is right for me?

• Visit CryptoVantage where you'll find some of the most trusted exchanges in the US for Desktop and Mobile users.

Here's what you'll need:

• Government Issued photo ID* – verification is required upon sign-up.
  • ○ Proof of address may be required if your ID does not indicate it

Important Reminder:

• You’ll need to leave the Bovada site to open an exchange account; bookmark this page so you can return easily;

What you need to know:

• Steps to purchase from an exchange can be found at the exchange you have chosen;
• Purchase limits will vary from exchange to exchange, up to $25,000 daily, for verified customers at some exchanges.

Here's what you'll need:

• A debit card you’ll use to purchase or transfer Bitcoin.

Important Reminders:

• You’ll need to leave the Bovada site to buy Bitcoin with your exchange account; bookmark this page so you can return here, for final steps;
• Debit card purchases of Bitcoin are instant and recommended; a bank account purchase can take several days;
• For your own privacy and security – do not refer to Bovada or online gaming if prompted to note the reason for purchase;
• Some exchanges offer many different cryptocurrencies; be sure you’re buying Bitcoin (BTC) or Bitcoin Cash (BCH) to deposit at Bovada.