Bitcoin Payments in 1win

1win is one of the pioneer casinos that allowed players to complete transactions. The first cryptocurrency gamblers conspired to use on the site became  Bitcoin.  It can now be used to top up accounts and withdraw winnings. Using Bitcoin at 1win, you’ll get all the bonuses on offer, including a 500% bonus on the amount of your first 4 deposits or cashback of up to 30%, and you’ll be able to bet on any of the 12,000+ games in the casino’s catalog.

At 1win, you can make payments using bitcoin

Bitcoin in 1win: Why It’s Worth Deciding On

Bitcoin was the first cryptocurrency to see the world in 2008. It is a decentralized peer-to-peer network with no single controlling entity. Other participants in the system do verification of transactions, and all data is stored on the blockchain. Both deposits and withdrawals using Bitcoin on 1win are secure and processed within minutes. Among other reasons why you should choose this cryptocurrency for settlements at 1win:

  • No banking restrictions;
  • No commissions;
  • Global availability;
  • Likelihood of an increase in value (although the credibility of a decrease in the value of BTC also exists).

Overview of the reasons why you should choose a cryptocurrency for payments at 1win

Deposits with Bitcoin on 1win

Players from India who decide to use Bitcoin for 1win settlements should be aware of the restrictions in place on the site:

  • Minimum Deposit – 0.00023 BTC;
  • Transaction realization time – 15 minutes.

There are certain restrictions for bitcoin deposits at 1win

Problems that arise with Bitcoin payments

Bitcoin payments to 1win may involve some problems that Indian gamblers should consider. These are:

  • At the time of the transaction, the exchange rate can fluctuate significantly. This can be both profitable for the gambler and disadvantageous;
  • Bitcoin is not officially a currency but a computer token, so transactions are not subject to state regulation in India.

Bitcoin payments at 1win can be associated with some problems that Indian players should pay attention to

Advantages of Bitcoin transactions in 1win

There are many pros to using Bitcoin in the online casino: 

  • Anonymity – no personal information is required to execute transactions;;
  • Immediate execution of both deposits and withdrawals;
  • No direct connection to the player’s bank account;
  • The method is legal in India;
  • Ability to earn bonuses for cryptocurrency payments.

The main advantages of bitcoin transactions at 1win

How to Top Up Your Account in 1win, Using Bitcoin

You should have a digital wallet to make deposits in 1win using Bitcoin. There are many online wallet sites, such as Circle or Coinbase. Using them, you can buy and sell BTC in the currency of your choice. Once you have bitcoins in your digital wallet, proceed as follows:

  1. Sign in to the 1win website.
  2. In the top panel, select the Deposit tab.
  3. Of the available methods for topping up your account, choose Cryptocurrencies and Bitcoin.
  4. Enter the amount you want to deposit, remembering the site’s applicable limits.
  5. Open your digital wallet and scan the QR code on the casino website.
  6. Continue following the on-screen instructions to complete your account recharge.

How to deposit money into your 1win account using bitcoin quickly and easily

Using Bitcoin for Withdrawals from 1win

Bitcoin is perfect for withdrawing casino winnings regardless of the amount. However, remember that before you start a transaction, you should meet the bonus wagering requirements (if you bet with bonus funds, the wagering multiplier will be specified in the rules of the particular promotion) and verify your account. The transaction limits, when using Bitcoin, are as follows:

  • Minimum single withdrawal: ₹ 9,500;
  • Maximum single withdrawal: ₹ 100,000.

The withdrawal process looks similar to a regular transfer to an e-wallet, which is as follows:

  1. Log in to the website or 1win APK.
  2. Click on the icon with the human figure to access the functions of your account.
  3. Click on the Withdrawal button.
  4. From the available withdrawal methods, select Cryptocurrencies and then Bitcoin.
  5. Enter your Bitcoin Address.
  6. Confirm the transaction and wait for the funds to come to your cryptocurrency wallet.

Bitcoin is available for users from India to withdraw funds from 1win

FAQ

What determines the security of Bitcoin payments in 1win Casino?

Bitcoin transactions are easily traceable, protected by secure cryptographic keys, and do not require the provision of personal information. In addition, the 1win site operates legally under a Curacao license, and the SSL encryption standard protects all users’ data.

What alternatives to Bitcoin payments does 1win Casino offer?

At 1win, you can also make payments using fiat currencies or other cryptocurrencies, including Litecoin, Ripple, Doge, and others.

Does 1win have special bonuses for depositing Bitcoins?

No, there are no such bonuses. But by depositing Bitcoins or other cryptocurrencies, you can participate in different promotions with deposit bonuses.

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