How to deposit Bitcoins on Mybookie – Explained

Learn how to deposit Bitcoins on Mybookie in this article.

You’ve probably heard of bitcoins before and you may have even read about them. On the surface, it all sounds really complicated, but in reality, it’s not difficult at all.

In other words, Bitcoin is a form of “digital money” that you can exchange for the real-world currency of your choice 24/7.

Thus, thanks to all the benefits of this digital money, many people use it to gamble at Bitcoin-friendly gambling options such as those offered by Mybookie and other offshore betting sites.

For example, when it comes to online gambling, many players must wait days for payouts, but with Bitcoin sports betting, it can be instant.

But, first things first, you need to fund your Mybookie sportsbook for online racing, sports, or casino playing and to start having fun.

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How to deposit Bitcoins on Mybookie in 6 Steps

Depositing with Bitcoin on your Mybookie account is a quick and easy process, and there’s no worry that your credit card transaction will be declined on game day.

Common Bitcoin Transaction Fees

Bitcoin transactions usually come with a small fee. This fee depends on the network load and transaction size.

At busy times, these fees can affect how fast your deposit processes. To avoid delays, think about sending your Bitcoin during off-peak hours. You can also use a wallet that lets you pick the fee. This approach helps you avoid waiting too long for deposits.

 To deposit Bitcoins on your Mybookie account, you need to follow these following steps: 

Step 1: Login into your Mybookie account and click the “Deposit” button to enter the Cashier.
Step 2: Select Bitcoin as your preferred payment method and then click on the “Deposit” button.
Step 3: In the Cashier section, you’ll be provided with a Bitcoin address, which you must copy.
Step 4: Enter your Bitcoin wallet.
Step 5: Select the amount of Bitcoin you want to deposit and paste the address you were provided with in the Cashier page.
Step 6: Click the “Send” button.

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Once you have clicked the “Send” button, within 30 minutes, your Bitcoins would be received, and once that happens, you’ll instantly get your funds into your Mybookie account.

But, don’t worry, you don’t have to check your Mybookie account every minute to see whether your deposit was successful or not.

Mybookie sends a confirmation email after a successful deposit to help you know that your funds have become available in your account and to help you keep track of every transaction for your records.

Troubleshooting Failed Transactions

If a Bitcoin deposit fails, start by checking your wallet balance. Look at your transaction history as well.

Make sure the transaction ID is correctly noted.

If problems continue, Mybookie's support team can help. They will guide you and fix deposit issues, so your experience stays smooth and enjoyable.

The Benefits of Bitcoin deposit and withdrawal

Using Bitcoin to manage your funds comes with lots of advantages. It is the fastest and easiest way to transfer funds in and out of your Mybookie account too.

When you deposit and withdraw Bitcoin on your Mybookie account, you’ll get a lot of benefits, including the following:

• You have a 100% success rate on the banking deposits you make.
• You have higher deposit limits of up to $10,000/ transaction.
• Fast payouts, within 24 hours.
• Big MyBookie Free Play bonuses on your deposits.
• No limit of deposits. You can make as many deposits as you want to.

Addressing Security Concerns with Bitcoin

Keep your Bitcoin transactions safe by enabling two-factor authentication.

Use wallets with this feature and choose ones with a good reputation.

Back up your wallet regularly and store the backup securely. Keep your software updated to guard against vulnerabilities. Following these steps ensures that your funds are safe while using Bitcoin on Mybookie.

Crypto rewards

Using Bitcoin for your Mybookie account has never been easier and faster.

When you get a gut feeling, you know that you can bet without getting your credit card transactions declined during the game and knowing that you manage your funds safely.

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