Bovada Bitcoin Withdrawal Time
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The strict online gambling regulations in the USA make the life of local players tough.
Fortunately, there are some gambling sites on the internet that are safe and accept US customers.
One of the best of them is Bovada. Among the many reasons I like the site so much is the opportunity to use cryptocurrencies and Bitcoin, in particular.
I've used bovada (multiple withdraws in the past 10 days) using strictly BTC. It's slightly a hassle the first time to do it. (Figuring out all the sites of bitcoin) But I highly recommend withdrawing with BTC. First funds hit my account today so it's legit! Bovada is one of online casinos catering to US players, and if you have been curious about how much does Bovada charge to withdraw, stay with us to learn more about supported withdrawal methods, limits and fees attached to them. Bovada Withdrawal Methods. Customers can make withdrawals via Check by Courier and Bitcoin.
- Bitcoin and Bitcoin Cash users can deposit a minimum of $10 and a maximum of $5,000 at a time, while Voucher users can deposit anything from $10 to $3,000 in a Bovada account.
- Withdrawals are processed on a first-come, first served basis and take approximately 24-48 hours to be reviewed. With Bitcoin, Player Transfer and Voucher takes about 24 hours for approval. Delivery time frames vary depending on your method of withdrawal and can be.
This is one of the fastest and most reliable payment options for US players. If you haven’t tried it before, I think you should give it a shot.
This post will help you learn more about depositing at Bovada with Bitcoin and the exclusive BTC bonus for new customers.
Also, I will share some recommended wallets for crypto and look at other US betting sites that accept Bitcoin.
Let’s start with a simple explanation of how to join Bovada and make a deposit with Bitcoin.
If you don’t have an account with Bovada, the first step would be to join the site. Please click here to get started. Orread our Bovada review if you want to know about the site first.
Once you’re on the site, you can start the registration process via one of the many “Join” and “Join Now” buttons on the home page.
You will be required to fill in some personal information like your name, address, email, country of residence, and similar. You also need to pick a password that you will later use to log in.Make sure to make it complicated so that no one can guess it.
The first thing that will happen after you open a new account is that Bovada will ask you to pick a 4-digit PIN that will be used to verify you later on when you decide to request a withdrawal.Make sure to remember the one you fill in.
Once you’re done, it’s time to visit the deposit section. You can do that by clicking on your balance in the top right corner of the screen. A huge “Deposit” button will appear, and it leads youto a screen where you can pick the payment provider you wish.
Bitcoin is on top of the list, so click on it. The next step is to get the Bitcoin address generated by Bovada and send BTC from your own wallet. If you don’t have one, I will share a couple ofrecommendations for a reliable option later in this post.
Within a minute after you send the money, it will appear in your Bovada account. You shouldn’t forget to take full advantage of the $5,000 Bitcoin bonus of the gambling site.
The biggest welcome bonus of Bovada is for Bitcoin users. You can get up to $5,000 in free cash on your first four BTC deposits.
Bovada will give you a 50% first deposit bonus of up to $500 when you add funds with Bitcoin for the first time. This means that a deposit of $1,000 will be enough for you to claim the fullamount.
There are certain terms and conditions you should be aware of. The Bitcoin bonus is available for the Bovada sportsbook, racebook, and casino. You can’t use it on the poker tables.
You need to wager the bonus 5 times in the sportsbook or the racebook. If you decide to use it in the Bovada Casino, you have to wager the Bitcoin bonus 30 times.
If you request a withdrawal before meeting the wagering requirements, you will lose the Bovada bonus.
Three 100% Bovada Bitcoin Casino Bonuses of up to $1,500 each
If you are a casino player, you can have another three Bitcoin Bovada bonuses. Each of them is worth 100% of your deposit of up to $1,500 and can’t be used in any of the other sections of Bovada.
The following terms and conditions apply.
- Only deposits of $1,000 or more qualify for the Bovada Casino Bitcoin bonuses
- You need to wager every bonus 25 times prior to withdrawal
- Only slots and specialty games contribute 100% of the stakes placed towards the wagering requirements. Bets on products from other categories count for up to 20% of the value
- Bets on live dealer games and craps don’t count towards the wagering requirements
- If you request a withdrawal before clearing a bonus, you lose it, as well as the winnings from it
If you are not entirely sure if you should use Bitcoin for betting online, you should learn the advantages and disadvantages of the cryptocurrency. Let’s start with the positive sides.
Using Bitcoin is one of the fastest ways to withdraw your money from almost every betting site on the internet, and Bovada is not an exception. You can get your cash within 48 hours most of thetime, which is superb, especially for the USA.
Compare that to the 3-14 business days required for most of the other popular options, and you will see what I mean. If you want fast payouts, Bitcoin can certainly deliver.
Some of the banking methods available at Bovada come with fees. That’s not the case with Bitcoin.
The gambling site covers all the fees for the transactions, so both the deposits and withdrawals are free for the users.
There’s no full anonymity, but Bitcoin allows many options for more privacy in comparison to other payment providers.
The decentralized nature of the cryptocurrency means that every transaction remains in the blockchain, but there are no institutions like banks and governments that keep a detailed record ofevery person.
While I see Bitcoin as a mostly positive experience, there are certain downsides of using the cryptocurrency.
The exchange rate of Bitcoin is constantly going up and down. While you could control that to an extent by using wallets that support fiat currencies too, you can’t completely nullify thevolatility.
For example, you may place a bet, win it, and still lose value because the price of Bitcoin has dropped in the meantime.
On the bright side, the opposite could happen, too. You might actually end up winning way more thanks to the nature of the currency.
While Bitcoin is no longer some shady concept that is unknown to the masses, it’s still a bit complicated for most users. Understanding how everything works might be difficult for a lot ofpeople, so it would take time and energy to learn how to operate with Bitcoin.
The good news is that some of the wallets I recommend in the next section are among the easiest to use out there. If you think that would be important for you, make sure to check them out.
Recommended Wallets for Depositing Bitcoin at Bovada
Some of you probably already have a wallet for Bitcoin, so you don’t really need help in this regard. Others might just be entering the world of crypto, so it would be a good idea to receive sometips first. I will share a couple of reliable wallets but also explain how I selected them.
This will help you find one on your own if you prefer to conduct separate research.
Let’s start with some general advice for picking a Bitcoin wallet for gambling purposes. I always explore the following aspects of any service.
- Safety
- You should always pick companies that can be trusted. The safety of your money is the top priority of the selection process, so make sure to check the reputation of each wallet and theexact way the information is stored and protected
- User experience
- One of the downsides of using crypto is that it’s not exactly a piece of cake for beginners. Fortunately, most wallets nowadays are much easier to use compared to a couple of years ago
- Country
- Using Bitcoin for gambling purposes from the USA could be an issue. If the wallet you are using is owned by a company in the US, it might be monitoring your activities. A lot of peoplehad their wallets shut for that reason. There are plenty of legit wallets based in countries where crypto is a grey area. I recommend that you stick to them, and there will be no issues
- Fiat currencies
- One of the biggest downsides of using Bitcoin for gambling purposes is the high variance in the price. It goes up and down constantly. If you want to avoid big losses, you should pick awallet that lets you keep your money in a fiat currency like US dollar or euro. That way, you won’t care what’s going on with the price of Bitcoin
If you want to learn more details about the different types of wallets, I recommend that you visit the page below. It features plenty of useful information on the topic.
What Types of Bitcoin Wallets Are Available?
Before I move on to my actual recommended Bitcoin wallets for betting, I would like to share a couple of words about the different types you could get. They all have their advantages anddisadvantages.
- Web wallets
- As the name suggests, you can go to the internet and find various sites that offer such a service. Some have a cloud-based platform, while others are basically exchanges that includewallets to their service. They are easy to use and require less time, but the security level is lower compared to some of the other options
- Desktop wallets
- Another solution would be to download a desktop wallet. You simply need to install additional software to your computer. While people believe this is a safer approach compared to webwallets, you need to secure your computer well if you pick a desktop wallet
- Mobile wallets
- You could also use a mobile app that would serve as your wallet. The logic is similar to desktop wallets, but this time, you add the software to your phone or tablet instead of yourcomputer
- Hardware wallets
- The most secure way to store Bitcoins and other crypto would be to use a hardware wallet. That’s an external device that holds all of the information offline. You can connect the deviceto a computer when you need to move your money, but that’s it. The extra security comes at a cost, though, as the hardware wallets are the most expensive and rather hard to use
My recommendation to beginners would be to try one of the first three types of wallets first. If you like Bitcoin and you decide to invest more for some reason, explore the hardware options.
I will share my top choice for each group above, though, so it’s up to you. All of the recommended Bitcoin wallets can be used to deposit and withdraw from Bovada and other online bookmakers thataccept Bitcoin.
Let’s start with my recommended web Bitcoin wallet for gambling purposes. A lot of people think Coinbase is the place, but not for US players. You will most likely get your wallet closed, as thecompany is based and regulated in the USA.
Instead, you could give GreenAddress.it a shot. The platform is easy to use and has a flawless reputation. It’s one of the best for beginners out there, and there are some extra layers ofsecurity such as two-factor authentication options, the option for a hardware wallet, and others.
If you are looking for a solution that’s easy, safe, free, and fast, GreenAdress.it is a solid choice.
I was a bit torn on which desktop wallet to recommend, but Electrum gets the nod. It’s one of the safest desktop wallets thanks to some excellent encryptions and other measures designed toprotect your money. For instance, you can use a second computer that stays offline as storage.
At the same time, Electrum is completely free and one of the easiest desktop Bitcoin wallets to use. Even people with no experience with crypto should be able to quickly learn how to comfortablyhandle the software.
The good news is that Electrum is also available on iOS and Android. Feel free to visit the website of the wallet and learn more foryourself.
There are plenty of options on mobile, but I like Mycelium the most. That’s one of the earliest mobile wallets for Bitcoin out there. Initially, it was only available on Android, but you can nowuse it on iOS too.
Mycelium offers multiple features that provide security to your account. A good example is the “Watch Only” mode that allows you to view all activities while the transactions are disabled.
One of the downsides of Mycelium is the outdated design, but the user experience is still decent, and the app is certainly among the best mobile Bitcoin wallets on the market.
You can see the download options here.
The undisputed leader among hardware Bitcoin wallets is Trezor.io. If you want the best and most secure option on the market, that’s it. You can buy the device from various places, includingAmazon. It’s the only paid option on my list, but it’s worth the $70-80 you have to spend.
The Trezor.io device can be connected to Windows, Linux, iOS, and Android, so you can use it with pretty much every mainstream OS out there.
Another advantage is the encryptions implemented by Trezor.io that make sure your password is secure. You can easily restore your money if something happens, too, so this is the full package.
If you want one, Amazon is one of the places you can get it.
Other Betting Sites That Offer Bitcoin to US Players
Bovada is my top choice for a betting site that works with Bitcoin and accepts US players, but there are other trusted sportsbooks that do the same.
All of them offer a reliable service and a bunch of gambling products, including a sportsbook, a casino, and a racecard for horses.
If you have never tried Bitcoin for sports betting and you are in the USA, you are missing out. The cryptocurrency provides a reliable and fast way to gamble online.
I would recommend you to at least give it a try. Bovada is probably your best option, but the other gambling sites mentioned here would be an excellent choice too.
Here you will find all the information you need on how to deposit Bitcoin on Bovada and how to withdraw it. Enjoy some of the most lucrative bonuses on from the casino that accepts American players and lets them gamble with Bitcoin!
A warm welcome to all of our American readers.
Today’s article is for you as we are going to take a look at an online casino known for its great features and amazing bonuses. The name of this casino and Sportsbook is none other than Bovada.
So, is this casino “America’s No.1 online casino and Sportsbook” as their fame suggests?
How to deposit Bitcoin on Bovada and how can you enter their incredible poker room? These are all questions that are going to be answered in this article so be sure to stick around until the end.
What Does Bovada Have To Offer?
Well, the selection of games is excellent and all of the titles on their website is provided by three industry-leading software providers called Betsoft, Rival, Real Time Gaming!
What can you find on their site?
First of all, you will find the Sportsbook which is also their biggest attraction as most of their users spend their time there. A wide variety of sports is covered and there are countless betting options and special betting opportunities.
The same goes for their Racebook (Horse Racing) as well. Then you have the casino section where you will find a plethora of slots, table games, Blackjack, speciality games, and Video Poker titles.
Last is the Poker room but before we talk about it let’s take a look at the banking options available on Bovada and the bonuses they provide.
How to Create a New Account with Bovada & Deposit Options
Bovada Banking
This section is divided into two parts, depositing and withdrawing. You came here to learn how to deposit Bitcoin on Bovada so this will be the first thing we tackle.
1. Deposit
Just like Bovada advertises “Bitcoin is the cheapest deposit option at Bovada, making it the premier way to get your money in” but how can you actually do that?
First, you would have to purchase some of the cryptocurrency but before you did that you should get a cryptocurrency wallet.
Personally, we would recommend that you use one of the free cryptocurrency wallets provided when you purchase Bitcoin from one of the major exchanges such as Coinbase, CEX.io, or Binance.
Of course, all of those serve United States citizens as well. Bovada themselves recommendBreadWallet.
So after you get some Bitcoin you can select to store them in your private cryptocurrency wallet by using your unique address (This will look something like this: XX98BTCEKSDAXCA35B), such as Ledger Nano S or TREZOR.
You don’t have to be afraid of depositing in a wrong one as the address is unique for each wallet.
After you fund your wallet, you can then proceed to use it in order to deposit Bitcoin to your Bovada account.
You can do that in three different ways.
- You can copy their Bitcoin address and send money directly to them.
- You can launch your cryptocurrency wallet through a simple method they provide where with a click of a button the wallet interface will start up and you can deposit money that way. These two ways sound similar but they actually are completely different.
- Scan the QR code they will provide you with your smartphone or tablet and just input the amount you want to deposit.
However, when depositing for the first time you should remember to use the promotional code if you want to claim a bonus that is.
That changes though when using a credit card. In that case, only the first deposit is free of charge and any subsequent ones come alongside a 5.9% fee.
Keep in mind that you may encounter some extra small charges when depositing with either option.
Bitcoin ones are usually only a few cents and you won’t probably have to pay even that unless you want your transaction to be completed faster.
For credit cards, it is common for currency conversion processes to add a 3% additional fee.
When depositing with Bitcoin the minimum amount is 10$ and the maximum is 5,000$.
When depositing with a credit card the minimum amount is 20$ and the maximum is 1,500$.
2. Withdrawal
Just like before, you can withdraw your money either by using Bitcoin or Check by Courier.
When it comes to the fees though, Bovada isn’t that great as they will only cover one deposit made every 3 months. Each additional one in this time window will have to go through a 100$ processing fee.
When using Bitcoin you can withdraw once every 3 days. The minimum withdraw amount is 10$ and the maximum is 9,500$.
If you like playing with real currencies then you can make only one withdrawal per 7 days. The minimum withdraw amount is 100$ and the maximum is 3,000$.
However, this doesn’t apply to Bitcoin transactions as all of them, no matter whether it is a deposit or a withdraw, are totally free!
Now you can understand why Bitcoin get so much promotion on the site of Bovada!
Bovada Bonuses
As this article is about how to deposit Bitcoin on Bovada we are only going to mention the Bitcoin bonuses.
You should know that the Poker bonuses may not be applicable when using Bitcoin.
We also have an article about Online Poker Bitcoin Bonuses in case you are looking specifically for this information.
However, you can either deposit Bitcoin in the casino or the Sportsbook.
If you deposit in the casino you will get a 150% match bonus up to 1,500$ which is redeemable up to 3 times. In order to get it, you must use the promotional code “BVCBITCOIN150”.
The rollover requirements are 5 times for the Sportsbook/Racebook and 30 times for the Casino and it applies both to the initial deposit and the bonus amount.
If you deposit in the Sportsbook you will get a 50% match bonus up to 500$ which can be applied only once. Use the promotional code “BVSBITCOIN50”
How Long Do Bitcoin Withdrawals Take Bovada
This option comes with a playthrough of 25 times which can only be used in the casino and it applies to both the deposit and the bonus amount.
The Poker rewards are based on the amount of Poker Points you earn while playing. Every time you reach a specific amount a cash bonus will be given to you and there isn’t a rollover requirement applied to those.
Bovada Poker Room
Just like we previously promised you, here is the part where we will talk about the Poker room.
You can download the lightweight client on your computer but you can also access Bovada’s games through your smartphone or tablet’s web browser without needing a dedicated app to do so.
The Poker tables are very well optimised and the way they are laid out makes playing on them an enjoyable and hassle-free experience.
However, don’t you think that this Poker room is for everyone as the bets aren’t as low as you would think.
In fact, the minimum bet you can place is 1$ and it’s pretty needless to say that this is just the starting bet and it can go up very fast and easily.
So if you don’t have at least 50-100$ deposited don’t you even think to join the tables.
However, regular Poker tables aren’t the only thing you will find in that section.
There are countless Jackpot Sit n Go tournaments being held on a regular basis.
There are various “Nightly Majors”, as the site calls them, tournaments held every day of the week with buy-ins as low as 11$ and prize pools that can reach the 25,000$ mark!
In fact, there is a guaranteed 1.5$ million total prize pool for all the Poker tournaments held every week on Bovada’s platform.
Some tournaments like the one that is hosted every Sunday afternoon at 4 PM (ET) has a 100,000$ prize pool!
New types of tables are added every now and then.
One of the latest features to get implemented on the Poker room is the “Quick Seat” which enables you to quickly change between playing on one to another table so fast that the transfer is usually seamless.
Bitcoin Wallet For Bovada
Conclusion
Now that you know how to deposit Bitcoin on Bovada and how the bonus system works you should be good to go and start gambling on their site.
Be sure to use the cryptocurrency we talked about and to check out their Poker room as it simply is amazing.
Read more about other cryptocurrencies you could use to play poker onlineand visit our Bovada Review for more detailed information!
Bovada Bitcoin Withdrawal Timeline
Now go on and claim those beautiful Bitcoin bonuses so you can get cracking. Good luck!