Crypto Currency and Casino Transaction Guide

Crypto Quick Start Guide:

Create a local Hardware wallet :

• Ledger Hardware Wallet - Be sure to only buy from ledger.com , get $10 BTC free using this link on purchase.
• Trezo Safe 3

Or create a local Software wallet :

• Exodus Wallet - This wallet is easy to use and beginner friendly.
• Guarda Software Wallet - This wallet supports most coins and is available on smartphones and desktops.

Sign up at an exchange :

• Kraken - Canadian Exchange offering instant bank transactions with US banks.
• Coinbase - Most accepted top level exchange
• Binance - World wide accepted top level exchange

Make a deposit, hopefully win a lot and withdraw to your local wallet, then keep or exchange for local currencies on your exchange of choice.

Crypto Currency Casino Guide

Crypto Overview: This guide is intended to help you understand just how easy getting involved with crypto currency can be, then of course using them to fund your online casino game play. The game play is easy, once you learn some very basic things to become comfortable holding and exchanging crypto currency sending a "Bit" to a casino is a breeze!

Ownership Explanation: With the many different types of storing bitcoin, the one constant you need to understand is ownership. If you buy Bitcoin on an exchange, you can send and receive from there as well, but you do not actually own it. Ownership is any defined by the holding of the keys to the wallet. I am sure you have heard about the FTX scandal where the exchange funneled hundreds of millions to political donations, a sister company that was also fraudulent and im sure many other expenses causing the loss of funds from the FTX users. In this terrible theft of funds, the FTX user learned that they did not own their balance on the FTX exchange, FTX held the keys to the storage crypto assets. Always remember the owner of the keys owns the crypto, with no exceptions, next we will explain what this key or keys are.

Wallet Keys: This may be the most important part of the crypto guide, understanding the keys is the actual "Key" to success! So what is a wallet key? A wallet key is usually a 12 or 24 word combination in exact order, you should always opt for a longer key for enhanced protection. This key consists of simple words such as hammer,door,eagle,triangle along with pretty much any other word. Once the key is established the currency is then ties to that sequence of words or key. As this key is so important you really never want to copt and paste on any pc, email or anything that can be compromised or stolen. A popular hardware wallet is Ledger, this is a small device that hold the key separate from your pc or cell phone, and must be tethered to process any sending of any coins. This physical separation makes it impossible to be stolen via virus or snooping on your computer. Legder gives you card to backup your key, by actually writing the words down and then verifying them back to the hardware, never will they be exposed other than from your own cards. Software wallets are also very secure and the easy to use, they are assigned keys in the same way, but they have been exposed on your device in some way but if your not hacked at this moment your ok, these wallets then set a password to access the funds on your device, but the key still is what holds your funds.

Where to start?: First I would install a software wallet to hold funds locally, write down your key on physical paper or card, store one locally and one remotely, know that giving this key to anyone is giving them access to your funds as well. Once you have the local wallet working you will need to exchange Fiat currency such as US dollars, Euros and others. I do not recommend spending coins from an exchange to any casino, nor to any location your not wanting tracked for whatever reason as they will know the sending (their) address and my track down the receiving address an a know whatever and close your account. YOu need to consider an exchange as what its called, a simple way to exchange one currency for another not where you want to store and spend from. So now you have a local wallet, and your crypto currency on the exchange, go ahead and withdraw your coins to your local wallet.

Send crypto currency to your wallet: Sending is simple but may seem a little scary at first. So you click on withdraw from your exchange and they will prompt you for a wallet address to send the funds to. This wallet address you need to get from you local wallet usually under addresses, or deposit options. You should be given multiple addresses to pick from or in the case of Ledger they will give you a new one for each transaction, know that all addresses will remain pointed yo your wallet after this initial creation so re-occurring payments will work to the same address. At this point you will be asked how fast you want the transaction happen, this process involves crypto miners that actually process all these additions to the blockchain. We will discuss the the blockchain more later in this guide but it is a continuos ledger of all transactions per coin type. Depending on activity fee's are small but you should be aware the small the value of your transfer the costs may be a higher percentage. Click send and then do not panic when your funds are nowhere yet! THe process may take seconds to hours depending on many variables such as transactions going on and amount of speed / fee you chose. Then, you now have funds in your very own local wallet to do whatever you like with!

Deposit to your favorite casino Casinos have made this very simple, when you go to the cashier you select the type of crypto you want to deposit such as Bitcoin, select the amount usually in your local currency value such as Dollars and click deposit. Usually you will see a QR code you can scan with your wallet if on a phone, or an address the same type you used to deposit to your local wallet. They will also give a very specific amount of coin to transfer to be pretty exact to the value you decided to deposit. Enter this data into your local wallet and send! This sounds quite lengthy but its much easier than setting uo a bank account and sending a wire by far and is very easy once you get the hang of it.

Use a VPN to access all games So now you are holding crypto, made a direct deposit to a great casino and want to play some games. Many software producers restrict different countries such as Microgaming for example and the casino does not actually host the games. The games are controlled by the software companies, and this is a good thing to prevent casinos from altering the odds of any such game. To access the most software currently an IP from Canada, but not the Ontario province is recommended.