Funding your online gambling account may not be as clear cut as it once was if you are a Canadian resident looking for different deposit methods. That’s why those who are looking for the best sportsbook deposit methods and options available in Canada will be pleasantly surprised to know that they can instantly deposit and withdraw using the Bitcoin.
Hands down, Bitcoin is the easiest method of depositing money onto sportsbook, even easier than credit card. Since most major online sportsbooks support Bitcoin, it is rapidly becoming the preferred deposit method for online gambling.
When you deposit using Bitcoin, you will likely need to buy BTC from an exchange or you could meet up with someone in person and buy Bitcoins using the LocalBitcoins service.
You will need to create an intermediary wallet, such as one provided by GreenAddress to store your BTC balance. Once you’ve acquired Bitcoin and moved it to your intermediary wallet, you can then begin deposit process with Bitcoin.
When you select the Bitcoin deposit method, you are given a BTC address in which you will need to send your coins. Once this process is complete, you will then be able to complete your deposit in just a few moments and your account balance will reflect the amount of money, equivalent in USD, that you have just deposited.
When you use Bitcoin to bet on sports, it’s just that simple to get started.