## Deposits and Withdrawals

Online casinos are realizing the usefulness of cryptocurrencies as a payment choice. Bitcoin casinos, in particular, offer safe and decentralized gambling. To make the most of using cryptocurrencies for gambling, players need to grasp how to deposit and withdraw their winnings at these casinos.

In this guide, we'll take you through each step of crypto transactions and share helpful tips to enrich your gaming experience. Whether you're new to the world of a [Bitcoin casino](https://tower.bet/) or an experienced player, understanding these transactions is crucial for making the most of your gambling with cryptocurrencies.

## Quickly Cash Out Your Crypto Winnings: A Simple Guide for Bitcoin Casino Players
![online casino bitcoin withdrawal-min.png](https://s3.eu-central-1.wasabisys.com:443/tow-project-prod/public/cms/online_casino_bitcoin_withdrawal_min_62c927e406.png)

As the trend of online gambling with cryptocurrencies grows, more and more players are choosing to withdraw their winnings in popular digital assets like Bitcoin. If you're an avid online gambling enthusiast looking to easily and quickly convert your crypto earnings into real profits, this guide is designed just for you.

By embracing the simplicity and convenience of withdrawing in cryptocurrency, you can make the most of your profits from Bitcoin gambling sites.

### **Get Started with Your Crypto Wallet**

To begin your journey with a crypto wallet, first choose a reliable provider that matches your needs. Your options include software wallets (apps for desktop or mobile), hardware wallets (physical devices), or online/web wallets. Once you pick a wallet type, create an account and strengthen it with a strong password and two-factor authentication (2FA). To get cryptocurrency, either buy it from exchanges or receive it from others. Your wallet will have a unique address for receiving funds, which you can share with those sending you crypto. When making a transaction, input the recipient's wallet address, specify the amount, and double-check the details before confirming the transfer. Throughout this process, always prioritize security by not sharing sensitive info and staying alert to potential risks in the crypto world.

### **Make a Withdrawal Request**
![casino bitcoin deposit-min.png](https://s3.eu-central-1.wasabisys.com:443/tow-project-prod/public/cms/casino_bitcoin_deposit_min_5e841d015c.png)

When you're ready to withdraw funds from your crypto casino account, log in and find the withdrawal or Bitcoin Cash take-out section. Choose the cryptocurrency and enter the address of your preferred crypto wallet where you want the funds to go.

After that, specify the withdrawal amount and double-check all the transaction details to ensure accuracy. When you're sure everything is right, proceed to submit your withdrawal request.

Remember that processing times can differ based on the online gambling site's policies. Some withdrawals could be approved instantly, while others might need manual review. But once your instant withdrawal is approved, the funds will be promptly sent to your chosen crypto wallet address.

For a smooth experience, always verify that you've entered the right wallet address. Errors can lead to lost funds, something you definitely want to prevent! Additionally, keep in mind the utmost importance of maintaining the security and privacy of your crypto wallet at all times.

### **Provide Your Wallet Address**
![bitcoin wallet-min.png](https://s3.eu-central-1.wasabisys.com:443/tow-project-prod/public/cms/bitcoin_wallet_min_c2a40b3c60.png)
When you make a cryptocurrency transaction, you'll need to provide your wallet address. This address is a distinct alphanumeric code generated by your crypto wallet. It functions as the digital destination where funds will be sent and acts as a secure identifier for your wallet on the blockchain.

Providing the correct wallet address is essential to prevent any loss of funds, as cryptocurrency transactions cannot be undone. Furthermore, maintaining the privacy of your wallet address and sharing it only with trusted sources is crucial. This measure helps safeguard the security of your crypto assets.

### **Await Payment Processing**


Once you have submitted your request to withdraw funds, you will need to wait for the crypto casino to process the payment. The processing time can vary depending on the specific cryptocurrency used and the policies of the crypto casino. Some casinos have an automated withdrawal process, while others may manually review larger transactions.

During this timeframe, the casino will check and confirm the transaction while ensuring all security measures are active to safeguard both sides. Once your withdrawal is given the green light, the crypto casino will start moving the funds to the wallet address you provided.

You can track the progress of your transaction on the blockchain, which provides transparency and verifies the payment. Remember that blockchain transactions can require some time to confirm because of network congestion and the distinct block times of each cryptocurrency.

Being patient is crucial during this period. However, if you come across any difficulties, don't hesitate to contact the casino's customer support team for help.

### **Receive Your Payment**
![bitcoin casino online-min.png](https://s3.eu-central-1.wasabisys.com:443/tow-project-prod/public/cms/bitcoin_casino_online_min_0d1aa53bc8.png)
Once the payment processing is complete, your funds will be sent to your crypto wallet. The transfer will be directed to the wallet address you provided during the withdrawal request. After the blockchain confirms the transaction, you'll have access to the funds in your wallet balance. You can use these funds for various purposes like making purchases, trading, or investments. Remember to prioritize security by safeguarding your wallet and controlling your private keys to protect your funds. Additionally, ensure that the correct amount has been received for a successful transaction. With your payment secured in your crypto wallet, you have the complete freedom to manage and use your funds according to your preferences within the dynamic realm of cryptocurrencies.

## How Long does it take to Withdraw Crypto Assets from a Bitcoin Casino?

The time it takes to withdraw your winnings from online gambling websites can vary depending on several factors:

-   Casino Withdrawal Processing Time: This can vary, ranging from fast withdrawals to manual reviews that might take a few hours or longer.
    
-   Cryptocurrency's Blockchain Network: Each cryptocurrency has its own blockchain network with different block times for confirmations. For example, Bitcoin usually takes around 10 minutes for the first confirmation, but the casino might require more confirmations for security. Cryptocurrencies with faster block times like Litecoin or Ethereum might have quicker withdrawal times.
    
-   Network Congestion: High transaction volumes can lead to network congestion, affecting withdrawal speed.
    
-   Casino Verification Process: Particularly for larger withdrawals, the casino's verification process can introduce additional waiting time.
    

To estimate the overall time for receiving your withdrawn crypto assets, it's important to review the casino's withdrawal policies and consider the specific cryptocurrency you're using.

## How Quickly Deposit Your Crypto in Bitcoin casino?

Depositing in a Bitcoin casino site is an easy and fast process. Start by ensuring you have a cryptocurrency wallet with the desired funds. Then, go to the specific section of the casino's website and choose the cryptocurrency you want to use for your transaction. The casino will generate a unique deposit address exclusively for you. Copy this address and paste it into your wallet's send function, along with the amount you wish to add.

Once the transaction is confirmed, the casino's system will quickly detect your deposit and credit it to your account. Typically, deposits are instantly processed once confirmed on the blockchain, giving you immediate access to your crypto funds for gambling. However, occasional delays may arise due to network congestion or processing policies established by the casino.

To avoid losing any crypto assets, always ensure you've entered the correct deposit address before making any transfer. Enjoy swift and hassle-free deposits while gaming in a Bitcoin casino, benefiting from instant access to your digital currency and assets.

### **Create a crypto wallet**
![online casino payment methods-min.png](https://s3.eu-central-1.wasabisys.com:443/tow-project-prod/public/cms/online_casino_payment_methods_min_7626402e5f.png)
To securely manage your cryptocurrencies, it's crucial to set up a crypto wallet. Start by assessing your needs and choosing a wallet type that suits you: software wallets (via apps on desktop or mobile), hardware wallets (physical devices), or online/web wallets. Visit the official website of your chosen wallet provider and register accordingly. During this process, create a strong password and consider activating two-factor authentication (2FA) for added security. Once set up, you'll get a unique wallet address, a long string of characters, for receiving cryptocurrency transactions. Keep your wallet's backup phrase or recovery seed safe, as it's vital for regaining access to your account if needed. With your wallet in place, you can confidently acquire and manage various cryptocurrencies while prioritizing security, especially on top-rated platforms and with reputable game providers.

### **Buy some Bitcoin**

If you want to buy Bitcoin, just follow these simple steps:

Step 1: Start by selecting a reputable exchange that supports converting regular currency (fiat) to Bitcoin. Look for options like Coinbase, Binance, Kraken, or Bitfinex, which are popular and reliable.

Step 2: Create an account on your selected exchange platform. Then, go through the required verification steps to initiate your buying process.

Step 3: Deposit fiat currency like USD, EUR, or your local currency into your exchange account. You can do this through secure and user-friendly payment methods provided by the exchange. These might include bank transfers, credit/debit cards, or other available options.

Step 4: Specify how much Bitcoin you want to buy in the trading section of the exchange. You have the flexibility to set a purchase price or opt for instant buying at market price.

Step 5: Once your buy order gets matched with someone else's sell order, the corresponding amount of Bitcoin will be added to your wallet within the exchange after deducting funds from your bank account.

### **Send the Bitcoin to your wallet**

Obtain Your Wallet Address: Open your Bitcoin wallet and locate its unique address. This address, resembling an email address but longer, acts as your wallet's designated Bitcoin receiving point.

Withdraw from Exchange: Go to the cryptocurrency exchange where you initially obtained the Bitcoin. Access the withdrawal section and select Bitcoin as the digital currency you wish to withdraw.

Enter Your Wallet Address: Paste your wallet's specific Bitcoin address into the provided field on the exchange's withdrawal page. Double-check the accuracy of the address, as sending Bitcoin to the wrong place can result in irreversible loss.

Specify Transaction Amount: Input the amount of Bitcoin you want to transfer to your wallet. Some exchanges might have minimum withdrawal thresholds, so ensure your chosen amount meets these requirements.

Confirm Transaction Details: Thoroughly review all the relevant information, including the recipient address and transaction amount. Once you're satisfied with the accuracy, confidently confirm the transaction initiation.

Await Confirmation: The exchange will process your withdrawal request and broadcast the transaction across the Bitcoin network. Be patient during this time, as blockchain confirmations might require waiting, depending on the current network congestion.

### **Choose a Bitcoin casino**
![bitcoin casino-min.png](https://s3.eu-central-1.wasabisys.com:443/tow-project-prod/public/cms/bitcoin_casino_min_43d140e2f7.png)
When searching for a Bitcoin casino, it's important to keep several elements in mind to ensure a secure and enjoyable gambling experience. Here are some key considerations:

Licensing and Reputation: Look for well-established and licensed casinos that have earned positive feedback from fellow players. This indicates that the casino is reliable and trustworthy.

Game Variety: A diverse range of crypto casino games is essential for a fulfilling experience. Choose a casino that offers a variety of games, including slots, [table crypto games](https://tower.bet/table-games), and live dealer options, to cater to your preferences.

Supported Cryptocurrencies: Check whether the chosen Bitcoin gambling casino supports the cryptocurrency you prefer for both deposits and withdrawals.

Security Measures: Prioritize platforms that prioritize security. Look for casinos that employ robust security measures such as SSL encryption and two-factor authentication (2FA) to safeguard your funds and personal information.

Fair Gaming: Trustworthy casinos follow practices that ensure provably fair bitcoin casino gaming, so the outcomes of their games are fair and not manipulated.

Customer Support: A reliable casino should have accessible and responsive customer support to assist you in case you encounter any issues or have questions.

Bonuses and Promotions: While [bonuses and promotions](https://tower.bet/bonuses) can be enticing, take the time to thoroughly read and understand the terms and conditions. Pay attention to wagering requirements and limitations associated with these offers.

### **Register at Bitcoin casino**
![online casino bitcoin deposit-min.png](https://s3.eu-central-1.wasabisys.com:443/tow-project-prod/public/cms/online_casino_bitcoin_deposit_min_92604b5ccb.png)
To sign up, you'll need to fill out a registration form. Provide basic details like your email address, chosen username, and create a strong password. Keep in mind that some crypto gambling casinos might ask for additional information for verification purposes.

After filling out the form, submit your information and check your email for a verification link. Click on the link to validate your account. Once confirmed, log in to your newly established account and then start playing and enjoying the crypto gambling casino's games and features.

During the registration process, keep an eye out for any welcome bonuses or promotions that might require a bonus code such as freespins at [bitcoin slots](https://tower.bet/slots). Before you dive into gaming, take a moment to review the terms and conditions of the crypto gambling casino. This step is especially important if you're planning to make cryptocurrency deposits or withdrawals.

Now that your account is all set up, you're ready to embark on an exciting crypto gambling journey in the realm of Bitcoin casinos.

### **Send Your Crypto to a Bitcoin Casino account**
![crypto wallet-min.png](https://s3.eu-central-1.wasabisys.com:443/tow-project-prod/public/cms/crypto_wallet_min_3f2eea60d2.png)
If you want to transfer your cryptocurrency to an account, follow these steps. Begin by logging in to your casino account and locating the deposit section. From there, select the specific cryptocurrency you wish to use for the deposit. The casino will then provide you with a unique deposit address dedicated to that particular crypto.

Next, copy the deposit address provided by the casino. Then, open your bitcoin wallet and look for the "send" option. Paste the casino's deposit address as the recipient in your wallet's "send" function. Enter the amount you want to deposit and make sure the address is correct before confirming your transaction.

After you've sent the transaction from your bitcoin wallet, you'll have to wait for it to be verified on the blockchain network. The duration can differ based on the cryptocurrency you're using, so be ready for varying waiting periods.

Once the necessary confirmations are done, your funds will swiftly appear in your online crypto casino account. Now, you're free to explore an extensive array of games and betting options provided by the bitcoin gambling site you've chosen.

## Causes of Delay in Withdrawing and Depositing Crypto Assets in Bitcoin Casinos
![online crypto casino-min.png](https://s3.eu-central-1.wasabisys.com:443/tow-project-prod/public/cms/online_crypto_casino_min_4827770f25.png)
There are numerous factors that can cause delays when withdrawing and depositing crypto assets in online bitcoin casinos. First, the casino's processing procedures, such as manual reviews and security checks, can cause delays in approving transactions.

Second, high transaction volumes can result in longer confirmation times on the blockchain, affecting both deposits and withdrawals.

Additionally, different cryptocurrencies offer varying confirmation speeds, influencing transaction efficiency.

Delays might also occur due to technical problems or maintenance on the casino's or exchange's end.

Furthermore, larger withdrawal amounts often require more verification steps, leading to longer processing times.

To make delays less likely, it's a good idea to select trustworthy casinos that have quick processing systems. Also, think about using cryptocurrencies that confirm transactions faster. Staying updated on the status of blockchain networks and the rules of the casino will assist you in planning your deposits and withdrawals more effectively.

### **Unfulfilled Wagering Requirements**

Players need to fulfill wagering requirements established by online casinos before they can withdraw their bonus winnings. These requirements come into play when players make use of different bonuses, such as welcome offers, matched deposit bonus, or free spins. Usually, the casino requires a specific amount to be wagered or the bonus funds to be played through a certain number of times. Until these conditions are met, players won't be able to cash out their bonus winnings.

### **Verification Process**

Online casinos have put in place a verification process to ensure safety, regulatory compliance, and the legitimacy of player accounts. This process is required when players open accounts, deposit, or withdraw funds. In these situations, the casino may ask for certain documents as proof of identity and age. The commonly requested documents include a government ID, proof of address (like a utility bill or bank statement), and confirmation of ownership for the payment method used (credit or debit card details or a screenshot of the bitcoin wallet). This helps guarantee the accuracy and security of player accounts.

### **Network Congestion and Technical Issues**

When it comes to cryptocurrency transactions in Bitcoin casinos, speed and reliability can be greatly affected by network congestion and technical difficulties. Network congestion occurs when there is a high volume of transactions on the blockchain network, which leads to longer confirmation times. As a result, depositing or withdrawing crypto assets from the casino may experience delays.

## Conclusion

Understanding how to withdraw and deposit cryptocurrency in Bitcoin casinos might appear intricate at first, but with the right information, it becomes quite simple. The steps detailed in this guide provide a clear way for players to smoothly transfer their digital assets to and from their casino accounts. With the benefits of speed, security, and privacy that cryptocurrencies offer, players can confidently enjoy their preferred online casino games. As cryptocurrencies and casinos continue to intersect, mastering these details empowers players to fully embrace the dynamic world of Bitcoin casinos.

bitcoin casinos-min.png

How to Withdraw And Deposit Your Crypto in Bitcoin Casinos?

# Decoy Token Staking: An Exciting Way to Earn Passive Income

If you're looking for a new way to get involved in the cryptocurrency world, [Decoy Token](/about-decoy) staking is a great opportunity for you. Staking allows you to earn passive income through rewards and helps to secure the network you're staking on. It's a way to support the network and potentially increase the value of your investment.

Here are a few of the many benefits that make Decoy Token staking a great choice for crypto enthusiasts:

## Passive Income
Staking is a simple way to earn passive income without having to actively trade your coins. By holding onto your Decoy Tokens, you can receive a revenue share from both DuckDice and Tower.bet. Every day, 3% of the profits from both projects are released to a staking pool, allowing stakers to earn a portion of the profits just by holding onto their coins.

## Free Decoy Tokens
In addition to earning passive income, you can also obtain free Decoy Tokens through various means such as farming, mining, referrals, and participating in drops. The more Decoy Tokens you have, the higher the staking payouts can be, providing an additional incentive to obtain and hold onto the tokens.

## All About Fun 
Decoy is a utility token that is all about gaming. You can obtain Decoy Tokens through various gaming activities, making the staking process a fun and seamless experience. By participating in Decoy Token staking, you can earn passive income while enjoying your favorite games.

## Easy to Get Started
Decoy Token staking is easy to get started with, even for those who are new to the cryptocurrency world. All you need to do is purchase Decoy Tokens and hold onto them. No technical knowledge or trading experience is required.

Overall, Decoy Token staking is an exciting way to earn passive income and become a part of the cryptocurrency world. With its easy-to-use interface and focus on gaming, it's a great option for those looking for a new way to invest in the future of finance.

11.png

Decoy Token Staking

## New utility Token - Decoy Token

The day has finally arrived! We are launching our very own utility crypto token - Decoy! And with it your first chance to profit share with the site right from the get-go with a HUGE Hundred Million token Startdrop. That’s 100,000,000 tokens, to all our participants!

After the Startdrop we will be releasing 3% of the site's profit to Decoy token holders in a form of a Staking pool. The more Decoy you have the bigger your personal payouts from Staking would be. And of course, Startdrop is just the first and the biggest drop, and we will have continuous drops aka airdrops after this. 

The more Tokens you will get in drops the more you will have to stake and the bigger your "hold2earn" will be! And of course, we did think about mining more tokens via playing games. And what about referrals? Surely you can get Tokens from referrals!
In the future, you will be able to exchange tokens - coming in the future!

## How does the mega Startdrop work

We will have a few parameters to determine just how many tokens each user will receive - our main goal with the drop is that everyone no matter how big or small who've been with us from the start get some share in our new venture. So, the longer you’ve been registered with us, the more tokens, and the more chat messages you’ve sent since the beginning? More tokens! The more achievements you’ve unlocked? More tokens! And what if you are an absolute beginner? You will get 100 Tokens - guaranteed! 

Each category in the distribution scheme will be tiered, so the people who’ve been registered with us from the very beginning will be platinum, and the ones who joined us a couple of years later, gold, as one example. 

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This is just the start! 

It’s a brave new world out there for our players, and we’re incredibly excited to be offering this opportunity to our loyal customer base.
We’ll be introducing other means of earning ‘Decoy’ tokens, be it special bonuses, directly through dice games, and more drops in the future. 

Crypto Blog Category

Articles

How to Withdraw And Deposit Your Crypto in Bitcoin Casinos?

Decoy Token Staking

Launch Decoy Token