Millions of people around the world are using Bitcoin and bitcoin wallets – and no wonder. It’s so much easier to get transactions taken care of when you use cryptocurrency instead of standard currency. But it’s also true that most people still haven’t given it a try yet. If you’re one of those people, it’s time to demystify Bitcoin, so you can start using it to play at Ignition Poker. Our online Bitcoin guide will show you just how easy it actually is.
How to Start Playing Poker with Bitcoin
First, let’s answer that burning question: What is Bitcoin? Unlike standard currencies, which are overseen by a central agency like a bank, cryptocurrencies exist on the internet, and are open-source, so no one entity is in control. Bitcoin is the largest and most established of these cryptocurrencies by a wide margin, invented in 2008 and released in 2009. A spin-off called Bitcoin Cash was created in 2017; you can use both forms of crypto here at Ignition Poker.
You won’t need a Bitcoin poker app to play at Ignition, but you will need two things: a cryptocurrency wallet (preferably one you download to your digital device), and an account at a Bitcoin exchange (preferably a regulated exchange). With these simple tools, you can quickly and easily move funds from your regular bank account to your Ignition Poker account and back again – all it takes is a few taps or clicks.
Is it Easy to Withdraw Bitcoin at a Poker Site?
It’s a snap to figure out how to deposit Bitcoin – but what about withdrawals? Some businesses make it easy for you to give them money, but a lot harder for you to take it back out. Not a problem when you use Bitcoin at Ignition Poker. The process for making withdrawals is almost exactly the same as making deposits, just in reverse. Instead of using your crypto wallet to move funds from your bank account to the Bitcoin exchange and into your Ignition account, you’ll be moving those funds in the other direction. Both transactions take much less time using Bitcoin, and you’ll pay a lot less in fees than when you use “fiat” currency.
Best Poker Games to Play with Bitcoin
If you’ve been on the internet and browsed Bitcoin poker Reddit or other forums, you’ll know that there are only a few reputable sites where you can play Bitcoin poker–US players having even fewer choices than others. Not only is Ignition Poker the best online poker room in America or anywhere else, you also get to play all the same great poker games you do when you use standard currency to make transactions. Texas Hold’em, Omaha and Omaha Hi/Lo are all on the menu, with the full range of tournaments as well as cash games and fast-fold Zone Poker.
To make using Bitcoin even easier, Ignition Poker automatically converts your Bitcoin deposits to US dollars, then back again to crypto when you withdraw, so you don’t have to do the math or worry about the price of Bitcoin going up or down while you play. We even have a list of recommended crypto wallets and Bitcoin exchanges you might want to use. You can find out more by reading our entire Bitcoin guide, plus the FAQ and Help guide. Then it’s time to hit the tables at Ignition – your No. 1 source for Bitcoin poker.