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How to Deposit at a BCH Casino in Under a Minute

December 22, 2022

How to Deposit at a BCH Casino in Under a Minute

December 22, 2022

Blog » Posts tagged "Bitcoin Cash"

Your super simple BCH casino deposit guide

Love playing with BCH? Then this step by step guide on BCH Casino deposits is just what you need.

If you’re a crypto novice, or a first time player at a crypto casino, the idea of making a BCH casino deposit might be daunting.

You may worry that it’s a complicated process. Or perhaps you’re worried about the safety of your personal and financial information. Whatever your apprehensions, we’ll put them to rest in this easy to follow BCH Casino deposit guide.

In this blog we’ll cover the simple to follow steps on how to make a BCH casino deposit. We’ll also briefly cover why BCH casino deposits are super secure. Then, we’ll list some of the best BCH games to play as soon as you’ve made your deposit.

Let’s jump right in.

How to deposit at a BCH Casino

We’ll have you making that first deposit in no time – and claiming that epic welcome bonus, too.

Deposit BCH in 10 steps or less:

Set up a crypto wallet – here’s how
Purchase your bitcoin cash from a safe and reputable crypto exchange – this guide tells you what to look for
Register your Punt Player Account
Head to the Cashier (top right of your screen)
Select your deposit amount from the options available (or enter it manually)
Choose Bitcoin Cash as your crypto payment method
Click Deposit
Copy and paste the crypto web address into your crypto wallet
Complete the transaction within your crypto wallet – ensuring that your deposit amount matches the deposit amount you entered in the Punt Cashier
Your deposit will reflect within a matter of minutes (if not instantly)

It’s really that easy!

What makes BCH casino deposits safe?

If you’re worried about the safety of your personal and financial information, we’re here to assure you that BCH casino deposits are protected by airtight security measures.

4 reasons a BCH casino deposit is safe:

With any blockchain transaction, there are several layers of encryption that protect your data
Transactions are completely anonymous – which means that your privacy is guaranteed
Crypto transactions don’t contain any of your personal info, unlike third-party providers (such as banks), which makes you less prone to being hacked or becoming a victim to identity theft
Crypto wallets make use of a unique private key that only you have access to

See? Super safe. Plus, Punt Casino is fully encrypted with a 256-bit SSL Security certificate, adding another layer of protection to your BCH casino transactions.

The best BCH casino games to play right now

Thousands upon thousands of insanely epic titles are right at your fingertips. At Punt Casino, we go big when it comes to our game offering, and you can expect some of the best crypto games, powered by the industry’s biggest providers.

These software providers currently include:

Spribe
BetSoft
Reevo
KA Gaming
Tom Horn
Dragon Gaming
Fugaso

We say ‘currently’ because we’re constantly adding new providers. This means that you’ll always have the most innovative games to choose from.

Discover More Games

What are you in the mood for? A sensational slot, with tons of thrilling themes to choose from? How about a slow-burning tables game, where you’re required to use wit, skill, and strategy to beat the house? Looking for something different? Try any of our specialty games.

Whatever you’re looking for, Punt has it. And we’re adding new titles on the regular – so remember to keep your eyes peeled for our hottest new slot drops.

Deposit and claim your welcome bonus instantly!

Woohoo! You know how to deposit, and that means that you’re eligible for Punt’s super epic, brand-spanking-new Welcome Bonus

Make your deposit and boost your bankroll with a fabulous 150% Welcome Bonus and 15 Free Spins on Reevo’s slot, Atlantis Warriors.

Deposit Now

What Happened to FTX? Here is Everything You Need to Know

November 12, 2022

What Happened to FTX? Here is Everything You Need to Know

November 12, 2022

Blog » Posts tagged "Bitcoin Cash"

Everything that happened to FTX and what you need to know

Last week witnessed the biggest crypto story of the year, and one of the biggest of all time – the swift and astonishing collapse of FTX. The story, which is a Netflix documentary in the making, saw the unraveling of an empire that was seeking investment just two months ago that would have valued it at $32 billion, but which, after a whirlwind 10 days, became bankrupt, losing customers everything.

What happened to FTX? Let’s find out.

The FTX Empire Grows

FTX was founded by Sam Bankman-Fried and Gary Wang in May 2019 and quickly made a name for itself as a steady and trustworthy derivatives exchange. In a world where people were used to the shady antics of BitMEX, FTX presented a more professional face, with Bankman-Fried appearing to be one of the new breed of more legitimate and law-abiding operators.

As FTX grew, Bankman-Fried became entwined in the political element of the crypto scene, funding groups to lobby Washington on crypto’s behalf, although his public allegiance to the political left alienated a huge swathe of the crypto Twitterati.

By the middle of this year, FTX had grown into the second biggest derivative trading platform in the space, tentatively valued at over $32 billion dollars in September, with big-name sponsorships and bailouts of bankrupt crypto exchanges giving the impression it was still actively pursuing expansion and hoping to challenge the market leader in the derivatives field – Binance. With one million active users, it was well on the way.

Coindesk Cries Foul

The problems for FTX began on November 2 when Coindesk alleged that Alameda Research, the trading firm that made up the other half of the FTX empire, held much of its $14.6 billion balance sheet in the FTT token issued by FTX. As Coindesk pointed out, this meant that Alameda was resting on “a foundation largely made up of a coin that a sister company invented, not an independent asset like a fiat currency or another crypto.”

This revelation caused Changpeng Zhao, the founder and CEO of Binance, to declare that Binance planned to liquidate its own holdings of FTT tokens, which it had received when it sold $2.1 billion worth of FTX equity back to FTX in 2021. Zhao didn’t reveal how many FTT tokens Binance would be liquidating, but when a $584 million FTT transfer into Binance from an unknown wallet was spotted later that day, he admitted that this was just “part of it”.

Zhao said the sale would be completed with “minimal” disruption to the market, but just hours later, on Monday afternoon, the value of FTT plummeted from $23 to $15 due to sudden massive sell pressure.

Here Comes the Run

The aforementioned selloff prompted further fears that Alameda, and in turn FTX, was at risk of facing liquidation on $3.4 billion worth of its FTT holdings due to the price collapse, stoking fears that it would soon be insolvent.

These fears began the event that every exchange fears – a run. FTX users frantically began requesting their funds from the exchange, with around $6 billion of withdrawals submitted in the 72 hours before Tuesday morning. This caused an inevitable backlog, which in turn led to further fears that FTX was not actually able to fulfill the requests. Bankman-Fried tweeted that “FTX is fine” and that all assets were covered. He then instantly deleted the tweet, which only served to cause more panic.

Bankman-Fried Reaches Out

Unbeknownst to the public, while he was busy deleting reassuring tweets, Bankman-Fried had realized that the drop in the value of FTT had indeed lost the company billions of dollars or user funds, and worse could be to come. He approached Seychelles-based cryptocurrency exchange OKX for help in funding the billions needed for customer withdrawals. When OKX couldn’t help, Bankman-Fried realized there was only one person left he could call on – Binance CEO Changpeng Zhao.

Bankman-Fried approached Zhao for the money, but Zhao, not one to miss an opportunity, turned the request massively to his advantage – on Tuesday afternoon he tweeted that Binance was looking not just to bail out FTX, but to acquire it. The revelation sent shockwaves through the crypto space, and led many to suggest that Zhao had been planning for such a result all along.

Nevertheless, customers were suddenly hopeful that they could be made whole. Bitcoin leapt $1,000 as a result, and even the FTT token managed a small resurgence. However, not everyone was convinced, offering reminders that Binance hadn’t looked at FTX’s books yet, and no one knew what horrors lurked in there.

Binance Pulls Out

While Binance was looking over the books, allegations emerged that FTX had been using customer funds for its own money making activities, such as collateral for loans and lending Alameda billions to trade with. This was followed by suggestions that U.S. authorities were looking into FTX’s collapse, with particular focus on the alleged misuse of customer funds.

The following day, Wednesday 9th, it was revealed that the U.S. Securities and Exchange Commission and the Justice Department had been looking into the affairs of FTX’s American arm, FTX US, for potential securities violations for months already.

These revelations acted like an air raid warning for Binance, and on Wednesday night it stepped away from the deal, citing “corporate due diligence, as well as the latest news reports regarding mishandled customer funds and alleged US agency investigations.” This left the cryptocurrency industry with its very own Lehman Brothers situation; FTX was at the center of a huge lending and borrowing web, a web that had already been severely tested in 2022 by the collapse of Celsius, Three Arrows Capital and TerraUSD. The scale of its involvement with other crypto companies as known to be vast, but no one knew quite how vast yet.

FTX Can’t Fill the Hole

To avoid ultimate catastrophe, FTX was left on Thursday morning needing to fill an $8 billion hole of its own making, or face bankruptcy. Bankman-Fried tweeted an apology thread on Thursday in which he took responsibility for the errors made, reinforced the need for funding if customers were to get any of their money back, and announced that Alameda Research was being wound down.

Later on Thursday, the Securities Commission of The Bahamas, where FTX is registered, called for all company assets to be frozen, suggesting that any prospect of users getting withdrawals out from the exchange were now doomed to failure. However, a loophole was spotted by some Twitter users who offered to pay FTX staff up to $1 million to change their residency to Bahamian in order to get their funds off the exchange. Some, apparently, succeeded in their quest.

By Friday it was clear however that the hole was just too big to be plugged, and at 2:14pm on Friday, FTX filed for Chapter 11 bankruptcy, bringing the curtain down on a disastrous, and thoroughly unnecessary, episode of devastating drama.

Damage Will Take Months to Come Out

To put the size of the FTX collapse into perspective, Bankman-Fried’s personal net worth at the start of last week was thought to be in the region of $15 billion, tied up in FTX and its assets, including FTT tokens.

At the time of Bankman-Fried’s resignation, Bloomberg put this figure at just $3. This was a little over the value of one FTT token, which had peaked at $80 in September last year.

The fallout of the FTX collapse has only just begun, with people asking what happened to FTX only being the beginning. The full damage will only be known months down the line. The initial concern is for the million or so customers who have lost all their funds. They have no protection, and their only recourse will now be joining the long list of creditors all fighting for the scraps that remain, a battle that is likely to be long and largely fruitless.

Are crypto faucets worth it? Find out at Punt Casino.

Are Crypto Faucets Worth It in 2022?

October 28, 2022

Are Crypto Faucets Worth It in 2022?

October 28, 2022

Blog » Posts tagged "Bitcoin Cash"

How to Use the Best Crypto Faucets in 2022 and Earn Free Bitcoin

Wait a second, free Bitcoin?! Yes, you heard it, free Bitcoin. 10 years ago, that statement would’ve fallen on deaf ears. But today, hearing “free Bitcoin” will have every Tom, Dick, Harry, and Sally scurrying to get a piece of the pie, with free crypto faucets serving them up fresh by the hour.

Crypto faucets are one of the easiest and most popular ways to get free crypto online for doing almost nothing – “almost nothing” being the key words there because when it comes to many of the crypto faucets 2022 has to offer, that’s pretty much what you can expect.

However, it’s still free bitcoin, or other free cryptos, for that matter. And considering the fact that there are actually people out there earning Bitcoin for free on crypto faucet sites, it might be worth a look. Ready to open the tap and find out if crypto faucets really are worth the hype? Let’s start with the basics.

What is a crypto faucet?

If you have no idea what crypto faucets are, have never heard of them before, and are wondering which DIY or hardware stores you can buy them from, then don’t tap out just yet, because we’re about to explain.

Crypto faucets, as misleading as the name may be to crypto newcomers, are actually websites or a crypto faucet app where users can earn free bitcoin online, usually by completing easy tasks such as solving captchas, playing simple games, or watching short advertisements, among others, receiving a small amount of crypto in return.

However, as we all know, getting something for free usually sounds too good to be true, and it also begs the question: what do free crypto faucets get out of the deal, and how does this all work?

How do crypto faucets work?

Many crypto faucets in 2022 are pretty much ad sites, displaying various advertisements on the screen or requiring users to view videos and other ads in order to earn free crypto – ads that the crypto faucet sites get paid for with every clickthrough by users.

What this means is that crypto faucets generate an income through advertising, generating website traffic, or exposing its users to certain information, mostly related to crypto. This is how they fund the “free crypto” that is paid to users for completing the tasks.

The first free crypto faucet was launched in 2010 by a Bitcoin Core developer by the name of Gavin Andresen, who sought to create global awareness of Bitcoin by giving users the opportunity to earn 5 BTC for solving a simple captcha.

Today, that quick and easy 5 BTC payout would be worth just over $100,000 – can you imagine? But, as we all know, it’s not 2010 anymore, and 5 BTC doesn’t just fall into your lap in 2022 – unless you’re claiming the 6 BTC Welcome Package at Punt, that is.

Earn free crypto on the best crypto faucet sites

Using a crypto faucet is very easy, as all you’ll need to do is sign up for an account with whichever trusted crypto faucet app or site you decide to use (we’ll mention a few good ones shortly).

In most cases, the crypto you can earn on free crypto faucets will be displayed in your account balance, and you’ll need to earn a certain amount before you can withdraw.

Remember, you’ll be paid small amounts with each task you perform, as crypto faucets in 2022 pay in Satoshis (1 Bitcoin = 100 million Satoshi), so it might take a while before you can withdraw, depending on the faucet’s threshold and hourly payout amount.

Many of the best crypto faucet websites, such as the original freebitco.in, offer various ways to get bitcoin for free, as well as the opportunity to win some incredible prizes.

After creating a crypto faucet account, you’ll have access to all the different ways to earn free Bitcoin or other cryptos with various menus and guides on the site or app on how to make the best use of a crypto faucet.

Let’s use one of the other top crypto faucets of 2022, Cointiply, as an example. Users can earn “Coins” by completing various daily tasks such as playing games, watching videos, referring other users, and completing surveys, among other ways of earning free crypto.

The primary method of earning Coins is the Cointiply Faucet “Roll & Win”. Here, the user gets a lucky roll after solving a captcha for a chance to win various Coin jackpots for free, which can be done only once every hour. Most crypto faucets and sites have a similar mechanic for the primary faucet method of earning free crypto.

“Coins” are the site’s native currency, and each Coin’s value is tied to the value of the US dollar – kind of like a stablecoin. With this site, in particular, you’ll need to earn a minimum of 50,000 coins before withdrawing Bitcoin in the equivalent US dollar value, or 30,000 coins for Dogecoin, Dashcoin, or Litecoin.

Once you’ve earned enough credits on whichever crypto faucet app or site you use and want to withdraw, you’ll need to provide your crypto wallet address for the payment to be made. If you don’t have a crypto wallet set up yet, we’ve got you covered on that front too with an all-inclusive guide for how to create a crypto wallet.

How to choose the best crypto faucet

Crypto faucets in 2022 may seem very similar to one another at first glance, but you’ll need to dig a little deeper to find the differences between them to decide which is the best crypto faucet for you to earn free crypto. Here’s what to look out for:

How frequently can you use the crypto faucet?

Almost every crypto faucet site where you can earn free crypto has a timer between claims – some sites require only five minutes, whereas others might have you waiting an hour before you can use the faucet again.

The best crypto faucet app or websites will only require a short period of time before you can spin to win free crypto again, but you’ll also need to weigh up the amounts you can win with each roll when taking this point into consideration.

Withdrawal minimums and maximums

Most crypto faucets will only pay a few Satoshis, and in many cases, these will not be paid directly to your crypto wallet. As we mentioned, you’ll have an account balance on the site or app, and you’ll have to reach the crypto faucet’s cashout threshold before you can withdraw. The best crypto faucet sites and apps will have smaller withdrawal limits.

Withdrawal methods and accepted cryptos

Although most crypto faucets will allow you to withdraw funds directly into your crypto wallet when you’ve accumulated enough credits, some may offer different payment methods which might not be as easy. Take the withdrawal methods into account when choosing a crypto faucet app or website to use.

Another important thing to consider is the different cryptos available to earn for free with crypto faucets in 2022. Of course, you want to earn cryptos that actually have value and are fairly prominent in the crypto space – avoid those shitcoins as best you can.

The Final Autoclaim crypto faucet, for example, allows users to claim up to 73 different coins automatically, all at once, on the same page.

How many ways can you earn crypto in the free crypto faucet?

Free crypto faucets might not always offer as many ways to earn crypto as some paid-subscription sites out there, but you will certainly find a crypto faucet app or an online site quite easily that offers many ways to earn Bitcoin for free. Research is key, especially when you want to find a crypto faucet that is worth your time and effort, as minimal as it may be.

Can you make a profit from crypto faucets?

It depends. Have you got the time to log in, watch advertisements, solve captchas, play mini-games, or complete surveys every few minutes for the entire day? The truth is, crypto faucets do offer the opportunity to earn free crypto, but it does take time and effort.

The problem with many crypto faucet users is that they don’t have the stamina to complete enough tasks to earn enough crypto and reach the cashout minimums. Many lose interest, give up, or simply just forget that they’ve signed up with crypto faucet sites in the first place, and never get to the point where they can actually withdraw free crypto.

Since it doesn’t really cost you anything to sign up and use free crypto faucets, then yes, you can certainly make a profit. But reaching the point where you can actually cash out free crypto is another story. But hey, you can always find a crypto faucet app or site with a low withdrawal minimum, earn free crypto, and come multiply your money in over 1,000 casino games at Punt!

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Explore the world of crypto with Punt Casino!

If you’re new to the world of cryptocurrencies and you’re looking to explore, crypto faucets in 2022 are a good option if you want to earn crypto for free and discover what digital currencies are all about.

As the fastest-rising crypto casino in the world, Punt offers many ways to learn about crypto with loads of crypto guides and information packed into our site, so if you’re looking to learn, our blog is a great place to start – not to mention our five-star selection of crypto-friendly games that could see your crypto faucet earnings turn to jackpot payouts with a click of a button.

Claim your welcome bonus at Punt Casino.

The Easiest Way to Claim Your Punt Casino Welcome Bonus

October 25, 2022

The Easiest Way to Claim Your Punt Casino Welcome Bonus

October 25, 2022

Blog » Posts tagged "Bitcoin Cash"

Punt Casino’s Welcome Bonus – The Quickest Way to Kickstart the Fun

One of the perks of playing at an online casino such as Punt is the epic bonuses you’re guaranteed to receive. The first of which: an incredible casino welcome bonus! All new players at Punt Casino automatically qualify for a casino welcome bonus of up to 6 BTC and $25 Free Chip.

Use this bonus to explore the thousands of casino games at your disposal. These include a range of the finest crypto slots, table games, progressives, video poker, and more!

Our games are powered by the finest software providers in the industry – which means that you’ll not only benefit from fabulous promotional offers, you’ll be winning from the incredible bonus features in our providers’ slots, too.

But before you can get your hands on these dazzling rewards, starting with your welcome offer, you’ll need to follow a few steps first. Let’s get started!

How to claim your casino welcome bonus

Step 1: Log in (or sign up)

New to Punt Casino? Welcome! We’re thrilled to have you. Create your account now – it only takes a few seconds, and we require very little information from you to get started.

How to sign up at Punt Casino

Click Sign Up in the top right-hand corner
Enter your email address, Punt username, and preferred currency
Click on Sign Up

If you already have an account, simply log in.

Create Account

Step 2: Redeem your coupon

Once you log in / sign up, you’ll be redirected to the Punt lobby. This is where you can get started claiming your welcome bonus!

There are two ways to claim your welcome bonus in the Punt lobby:

Directly through the cashier
By clicking on the promotional banner

Claiming your welcome bonus directly through the cashier:

To get started, click on Cashier
Next, click on Coupons
You’ll see that there are a bunch of promotional offers available on the coupons page. Click on Redeem on the welcome offer promotion banner
A pop-up will appear, containing the details of your welcome offer, which includes the minimum deposit requirement ($9)

Once you’ve redeemed your coupon, you’ll be redirected to a page where you will see the following:

Click on Deposit

Step 3: make a deposit

Depositing into your Punt Casino account is really easy! We’ve put together a bunch of resources for you should you need the help. Read this guide for help on setting up a crypto web wallet, as well as how to deposit and withdraw. We’ve also written a blog on how to make a bitcoin deposit in 6 easy steps – give it a read!

Remember, before you can make a deposit, you’ll need to create a bitcoin wallet (if you don’t have one already). Find out how to do this here.

Getting started:

Deposit into your Punt casino account from your bitcoin wallet

A QR code will pop up, and a Crypto Address will be displayed. Copy the Crypto Address

Copy this address into your web wallet and follow the prompts within your web wallet
Once your deposit has been approved and verified, your welcome bonus will be active!

Start playing!

Now that your welcome bonus has been activated, the real fun begins!

What’s in the fine print?

There are a few nitty-gritty details that you need to be aware of when you claim your welcome bonus:

Your welcome bonus comes with 40x wagering requirements. Not sure what wagering requirements are? Find out here.
You are required to make a minimum deposit of $9 in order to claim the welcome bonus
Your $25 Free Chip also contains 40x wagering requirements, and comes with a maximum cashout of $100. This can only be redeemed after you have made your deposit.

In a rush? Use the quick-deposit method

At Punt Casino, we love to make your life easier. That’s why we’ve added the quick-deposit box on our homepage! Simply enter your deposit amount, your preferred currency, and your deposit method. You can then create an account AND claim your welcome bonus simultaneously using this method!

How to Deposit Bitcoin at Punt Casino

October 12, 2022

How to Deposit Bitcoin at Punt Casino

October 12, 2022

Blog » Posts tagged "Bitcoin Cash"

Bitcoin Deposits – Your Guide to Harnessing the Power of Crypto

The world is changing, and with it, the ways in which we go about our daily lives. No, this is not your weekly horoscope. It’s your guide to how to deposit bitcoin at a casino, as by depositing at Punt we put the power of crypto in the palm of your hand.

We’ll have you making your first deposit and claiming that jaw-dropping 6 BTC and $25 Free Chip Welcome Package that everyone is talking about in a few secs, so let’s get you topped up and ready to roll in our blockbuster casino games at Punt.

Why gamble using crypto?

Decentralized: The absence of regulatory authorities means that nobody can freeze your accounts or access your funds without your private pass keys. This allows you total control over your funds.

Safety and security: Crypto transactions don’t contain any of your personal information as traditional transactions that run through banks and third-party payment providers. This means you are better protected from identity theft and from hackers stealing your banking information when transacting online.

Privacy: As personal information is not linked to your crypto transactions, others cannot know who purchased, sent, or received the crypto. However, crypto is also transparent, as anyone has access to information on addresses and their balances in a public ledger – but still, no personal info is attached.

Speed and efficiency: Thanks to the efficiency of blockchain technology, crypto transactions are much faster than fiat transactions, and can be performed from anywhere in the world without affecting the speed of the transaction.

Bigger casino bonuses: Crypto casinos tend to offer much larger deposit bonuses and welcome packages than traditional online casinos – have you seen ours? You can claim up to 3 BTC and a $25 Free Chip on your first deposit at Punt, not to mention our other exciting bonuses up for grabs.

How to deposit Bitcoin at a Casino

Before you’re able to deposit Bitcoin at a casino, you’ll need to set up a crypto wallet and find a safe and reliable crypto exchange to purchase your funds from and top up your player account.

Setting up a crypto wallet and buying your crypto is quick and easy, and will not only give you access to playing at Punt but could change the way you do online banking for good. But for now, let’s focus on funding your account to start your winner’s journey at Punt.

1. Signing Up

There are 2 ways to sign up for a player account at Punt Casino. If you’re a new Punt player and you would like to make your first deposit when signing up, you can use the quick-deposit window in the lobby to sign up, make your first deposit, and claim a 125% bonus up to 3 BTC and a $25 Free Chip at the same time.

The second method allows you to register without depositing for the first time, which means you’ll have an active Punt Casino account when you’re ready to deposit and start playing. To register using this method, click on the blue “SIGN UP” button in the lobby.

You will then be presented with a signup window to complete your information – only an email address and a new password are required to sign up and make your first deposit to start playing at Punt.

You will also need to select your preferred cryptocurrency, as your account funds will be displayed in your selected currency to make it easier for you to know exactly how much you have available in your account.

Once your information is complete, click “Sign up”. You will then be asked to verify your account via the email address provided. Proceed to your email and click on the “Confirm my Email” link, or copy the code and paste it into the field provided when signing up.

Once your code has been pasted and you’ve clicked “Confirm my email” in the registration window, your account will be activated and you’ll officially be a member of the fastest-growing crypto casino in the world – congrats!

You will be taken straight to our promotions page featuring some of our latest bonuses and promotions – give them a browse to find out what’s hot and happening at Punt before clicking on either of the 2 Cashier tabs to make your first deposit.

2. Making your first Bitcoin deposit at a casino

You are now a full-fledged member of Punt – a “Punter” if you will, and ready to take the first step on your Punt Casino journey. Welcome to the Cashier menu, where state-of-the-art encryption technology safeguards your transactional and gaming activity at Punt.

To deposit, you’ll need to first select your deposit amount from those provided ($100+ will give you the best value for money if you’re claiming a bonus) or you can enter your deposit amount manually.

The 2nd step is to choose your crypto payment method from the list provided – we accept Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Binance Coin, Dogecoin, Tether, and Ripple. Once your deposit amount is entered and you’ve selected your crypto, click “Deposit”.

You will then be presented with a crypto deposit address that can be copied and pasted into your wallet to perform the transaction and a downloadable QR code that can be used to deposit if you’re using a mobile crypto wallet with QR code functionality.

Simply copy the code and complete the transaction within your crypto wallet, or scan the QR for a quick and seamless deposit. Remember to deposit the correct amount (the amount chosen in the deposit window) when depositing.

Your funds, along with your bonus funds from the Welcome Bonus (if you’ve claimed it) will appear in your account in a matter of minutes, if not instantly. You can then start betting with your favorite crypto in any of our exceptional casino games at Punt.

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3. Claiming the Welcome Package and Casino Bonuses

Each of our bonuses and promotional offers at Punt, including the 6 BTC and $25 Free Chip Welcome Package, require a bonus code to be claimed in the Cashier menu.

You can find these bonus codes when checking the info on our best offers on the menu after logging into your account, or you view the suggested offers under “Coupons” in the Cashier menu.

Remember to read the terms and conditions of each bonus before claiming, and make sure you deposit enough funds to make the best of our stellar offers.

Top up and take charge at Punt Casino now!

You see? You can deposit Bitcoin at a casino like Punt with ease, plus you can take advantage of all the benefits of crypto gambling in our top online casino games in just a few easy steps. Well, what are you waiting for? Top up your new Punt account now and let the winning begin!

Bitcoin Cash Casinos: They’re Worth the Hype (and Here’s Why)

October 4, 2022

Bitcoin Cash Casinos: They’re Worth the Hype (and Here’s Why)

October 4, 2022

Blog » Posts tagged "Bitcoin Cash"

Bitcoin Cash Casinos – The Step-By-Step BCH Guide

Ever tried your hand at bitcoin cash betting before? Curious, but just don’t know where (or how) to get started? You’re in luck! Here at Punt, we love any excuse to put a good ol’ crypto gambling guide together. Plus, the more tools we can give you to get started on your bitcoin cash casino journey, the better.

Bitcoin Cash casinos are on the rise

Bitcoin cash casinos have a TON of pros, and, once you know what they are, it’s pretty clear why they’re in such demand.

Since the first crypto casino emerged in 2013, there’s been a steady stream of incredible crypto casinos that offer a plethora of perks that traditional online casinos just can’t match. And while we are not bashing online casinos as a whole, we need to give credit where credit is due. Let’s take a look at what the advantages of bitcoin cash casinos entail.

7 reasons why players prefer Bitcoin and Bitcoin Cash casinos

Withdrawals are processed much faster at bitcoin cash casinos than they are at casinos using fiat
There are absolutely no banking fees. Bitcoin is decentralized, which means there are no banks involved whatsoever
It’s a global currency – which means you can play from anywhere in the world
It’s counterfeit proof
Bitcoin cash makes use of secure cryptography to keep your digital assets safe
It’s anonymous
It prevents identity theft

Now that you’re familiar with the benefits of bitcoin cash betting (and there are tons more!), we’re sure you’re itching to know how to get started on your bitcoin cash casino journey.

In the next few paragraphs, we’ll give you a brief overview of the history of bitcoin cash, how to purchase bitcoin cash using a secure web wallet, and how to deposit bitcoin cash into your Punt Casino player account. Happy reading!

The History of Bitcoin Cash

The first decentralized digital currency (no banks involved) was bitcoin. Established in 2009, it has had a profound effect on the future of money, and has changed the way that we transact online – giving individuals more power, more anonymity, and has provided more transparency than government-produced money ever has.

The 2007 – 2009 global crisis saw a rise in the distrust of governments and banks, and subsequently an opportunity presented itself for a decentralized digital currency that removed any need for governmental or third party involvement. Upon bitcoin’s success, many altcoins followed over the years – with a whopping 19,000 other cryptocurrencies in circulation at the time of writing.

Where does Bitcoin Cash fit into all this?

We’re glad you asked! After the release of bitcoin in 2009, and many years of running smoothly, bitcoin hit a bit of a rough patch between 2016 and 2017, with its dominance in the market plummeting from 95% to 40%. However, the original vision of bitcoin still remained strong, and, in 2017, bitcoin cash was born. It accommodates a larger block size than bitcoin, which means that it allows more transactions in a single block, formulated as a solution for bitcoin’s scalability problem.

Where can I get Bitcoin Cash?

Everything is that much easier when you have Punt in your corner!

First, you’ll need to set up a web wallet

Getting bitcoin cash is easy – and you can purchase it from your preferred crypto exchange. We’ve done all of the research – and have a digital wallet recommendation – Coinbase. However, it’s totally up to you which crypto wallet you go with.

Buying and storing your Bitcoin Cash – How to create a crypto wallet

Coinbase is a trusted crypto wallet that is highly recommended by many in the cryptosphere. It’s a digital wallet that you will need to use to store your bitcoin cash, and to make deposits into your Punt Casino account.

Our crypto wallet recommendation – Coinbase

If you’ve never used a virtual wallet before, don’t stress. It’s really super easy, and it can be set up in mere minutes! Simply download the Coinbase app to your mobile phone, add your details, link your bank account (this is optional), and you’re good to go!

For alternative crypto wallet recommendations, click here.

How to buy Bitcoin Cash

Purchasing your bitcoin cash has never been easier! Here’s how to do it using Coinbase:

Sign up with Coinbase
Once your account has been verified, you’ll be able link your chosen payment method to your Coinbase account. Remember – to buy, sell, deposit and withdraw, you are required to link your bank account.
Now that you’ve added your payment method, you can purchase bitcoin cash! Simply click on the Buy option, and then enter the amount of USD worth of bitcoin cash you’d like to buy
Click Buy Now to confirm your transaction details and to finalize the purchase
For a comprehensive, step by step guide, click here.

Why Should I Gamble with Bitcoin Cash?

Honestly, why wouldn’t you? There are so many reasons to do it! Let’s take a look at the benefits of bitcoin gambling:

BCH casino transactions are fast

If you’ve gambled with crypto before, you’ll know just how fast deposits and withdrawals are. Deposits reflect instantly, and you’ll be able to cash out your wins in minutes. This is a massive improvement from the 1-3 business days that many fiat currencies pay out.

Bitcoin Cash gambling is cheaper

Another perk of playing at bitcoin casinos is the low fees! You pay zero bank fees (which add up), and you’ll never have to worry about Punt adding any extra fees to your transactions.

Bitcoin Cash casino betting is safe

All of your transactions are protected by cryptographic methods to keep data secure, and to ensure the safe transmission of your information. Plus, Punt Casino is fully encrypted with a 256-bit SSL Security certificate, which is an added layer of protection to ensure your peace of mind.

What are the best Bitcoin games?

Dragon Gaming, Fugaso, KA Gaming, Reevo, and Spribe – these are just some of the excellent software providers that power your favorite bitcoin cash games – with more coming your way very soon. The best bitcoin cash casinos such as Punt never compromise on game quality, and work tirelessly to bring you the most exhilarating titles that span categories such as slots, progressives, tables, and more!

Transacting at a Bitcoin Cash casino

Playing with bitcoin cash is über convenient, packed with perks, and super seamless! It’s low cost, and offers faster transactions – what’s not to love?! Plus, depositing bitcoin cash is incredibly easy – and we’ve included a basic breakdown below:

How can I deposit Bitcoin Cash?

Now that your Coinbase account is up and running, you’re all set to start depositing. Whoop! Here’s how:

In the casino:

Log in and navigate to the casino’s Cashier
Select Bitcoin Cash as your deposit option
Click Deposit
A QR code and crypto address will appear.
Scan the QR code, or copy the address link into your crypto wallet

On Coinbase:

Log in to your Coinbase account
Click Portfolio, select Bitcoin Cash, and click Send
A pop up will appear. Paste the crypto address from Punt into the pop up
Enter the amount you’d like to deposit
Click Continue
A seven-digit confirmation code will be sent to you via SMS. Enter this code and click Confirm
Once your deposit has been approved, you’ll be able to claim your welcome bonus, and can get started exploring the thousands of games at your disposal
Want a bitcoin bonus? You’ve got it!

As soon as you sign up at Punt Casino, you automatically become eligible to receive a jaw-dropping bitcoin bonus. Over your first three deposits, you’ll unlock a three-tiered welcome package: up to 6 BTC and a $25 Free Chip on our best slots.

Here’s how your Punt Casino Welcome Package works:

Make a first deposit of at least $10 and get a 125% bonus up to 3 BTC and a $25 Free Chip – use the bonus code POWERUPNEW to claim the bonus, and the bonus code UNLOCK25 to claim the Free Chip.
Make a second deposit of $20 and get 75% up to 1 BTC – use the bonus code POWERUP2 in the Cashier to claim.
Make a third deposit of $20 and get 75% up to 2 BTC – use the bonus code POWERUP3 in the Cashier to claim.

Happy Punting!

How to use a Bitcoin ATM with a guide from Punt Casino.

How to Use a Bitcoin ATM: Beginners Guide to Bitcoin Machines

October 1, 2022

How to Use a Bitcoin ATM: Beginners Guide to Bitcoin Machines

October 1, 2022

Blog » Posts tagged "Bitcoin Cash"

Learn How to Use a Bitcoin ATM With Punt Casino’s Guide to the World of Bitcoin Machines

What is a Bitcoin ATM? Well, Bitcoin Automated Teller Machines (ATMs) enable users to convert cash into BTC, and vice versa. With over 38,000 Bitcoin machines worldwide, it’s likely you’ll encounter a Bitcoin ATM at some point during your cryptocurrency journey.

Therefore, it’s important to familiarize yourself with how to use a Bitcoin ATM, how it works, and if it’s something that you would find useful. We’re about to answer the question “what is a Bitcoin machine”, take a brief look at how it works, and even give you a step-by-step guide on how to use a Bitcoin machine, so let’s make a quick withdrawal from Punt Casino’s bank of knowledge.

What is a Bitcoin ATM or a Bitcoin Machine?

A Bitcoin ATM is an Automated Teller Machine such as the one offered by traditional banks, differing from conventional ATMs in the sense that it facilitates crypto-fiat-crypto transactions. Just like an ordinary bank ATM connects you to your bank account, a BTC machine links to your Bitcoin wallet.

You see? You can’t even tell the difference between a Bitcoin ATM and a regular one. Introduced in 2013, the first Bitcoin machine was located in Canada, and the second pioneering Bitcoin ATM appeared in Europe the same year. However, it wasn’t until early 2014 when a BTC machine operated from the United States.

Since the introduction of the first Bitcoin machine, their existence in some jurisdictions has certainly faced a few regulatory hurdles. Most Bitcoin ATMs operate under the same laws as legacy bank ATMs, and as such, there are varying limits as to how much you can transact within 24 hours.

The United States accounts for over 80 percent of all BTC machines in operation worldwide (look at you, USA!), followed by Europe. Also note that the bulk of the ATMs out there are located in highly populated cities, with some bigger cities, such as New York and London, having stacks of them.

Here’s an example of a Bitcoin ATM at a gas station in New York – “Bitcoin or Cheetos, anyone?”

BTC machines hinge their popularity on ease of use, convenience, and security. Popular web resources such as CoinATMradar offer a “find Bitcoin ATM near me” feature that helps locate an ATM closest to you – wouldn’t that be a great feature for finding jackpot games that are about to pay out?

How Do Bitcoin ATMs Work?

In most cases, a Bitcoin ATM user needs to have an active BTC wallet to access the machine’s services. How BTC machines work depends on whether they are “unidirectional” or “bidirectional” – unidirectional Bitcoin ATMs handle either the selling or buying of Bitcoin, while bidirectional machines support both buying and selling.

Whether bidirectional or unidirectional, these machines require an active internet connection for them to successfully facilitate transactions as they need to send BTC to the provided Bitcoin wallet.

Since Bitcoin wallet addresses are made up of a complex alphanumeric phrase, Bitcoin machines prompt a user to enter their wallet address through a QR code tied to their wallet address.

A successful transaction registers on a user’s wallet almost immediately. Oh, and if you haven’t done it yet, you should also learn how to create a crypto wallet – it will certainly come in handy when you’re ready to start punting for payouts in our top crypto games at Punt.

How to use a Bitcoin ATM

Below we will look at the typical steps needed to buy and sell Bitcoin using a Bitcoin ATM. Pay attention now, it might just change your life – or change your cash into crypto – whichever comes first.

How to buy Bitcoin with cash using a BTC machine

Before you buy bitcoin on a Bitcoin ATM, you will need to have a Bitcoin wallet on your phone to receive the coins (we’ve already helped with that part). The first thing you need is to select the ‘Buy Bitcoin’ option and agree to the terms of service – the usual stuff.

Then, provide your mobile phone number, which is required for identity verification purposes. The ATM will then send a verification code to the mobile number provided. Successfully re-entering the code takes you on to the next step.

You will then be asked to scan your wallet QR code. The current breed of Bitcoin ATMs supports a wide range of crypto wallets, so any popular wallet should do just fine. After scanning your BTC wallet’s QR code, it’s time to insert your cash into the designated slot – “bye-bye paper, hello crypto!”

The machine will count your cash (accurately, we might add) and let you know how much BTC you’ll be getting based on the fiat inserted. But make sure you know the transaction and processing fees before you accept, just to be safe.

If you are happy with what is indicated, hit the confirm option to close the transaction. You’ll need to select the “Done” option for the machine to print a receipt. The purchased Bitcoin is then delivered to the BTC wallet address provided – voila.

Please note that the time it takes for the new BTC to land in your wallet depends on the amount of traffic on the Bitcoin blockchain. Increased traffic can lead to congestion, meaning that you’ll wait longer for your coins to arrive in your wallet.

Usually, it takes less than an hour for the coins to arrive, but don’t panic if it’s not there within the first five minutes – as long as you’ve scanned the QR code to your Bitcoin wallet, they will get there.

How to use a Bitcoin machine to sell bitcoin

The process of converting your BTC to fiat starts with selecting the ‘Sell’ option on the machine. This allows you to connect your wallet by, again, scanning its QR code. There’s also the option to manually input the address, but this is inadvisable due to the danger of getting it wrong when typing it in.

Next, verify your identity. This can be done by providing a mobile number, taking a photo, registering your fingerprint, or scanning a government-issued document such as a driver’s license.

You will then need to select the amount of BTC you wish to sell before the machine dispenses an equivalent amount in cash. Note that some ATMs dispense the amount immediately while others wait for the BTC transaction to be confirmed on the blockchain before you can receive your fiat. So again, don’t panic. The final step is for you to print a receipt, and you’re done.

Risks of using a Bitcoin ATM

Whether you are reading this because you want to know how to use a Bitcoin ATM with cash, how to buy Bitcoin from an ATM, or just how to use a Bitcoin machine, it’s important to be aware of the risks.

?No, not this time. Bitcoin ATMs are fairly easy to use once you know the basics, but, as we mentioned earlier, there are transaction fees and processing fees to think about. This might mean that converting small amounts of cash into BTC may not be worth it.

Also, Bitcoin cash machines have in the past been subjected to hacks, with criminals compromising both the software and the hardware to steal the bitcoin bought. However, this very rarely happens nowadays, but if anything looks fishy, don’t use that machine.

Conclusion

Given that there are different makes and models of Bitcoin machines, some of the steps when buying or selling bitcoin using a Bitcoin ATM may differ, depending on the machine you are using.

However, the concept of how to use a Bitcoin machine is straightforward – just remember that Bitcoin transactions are irreversible, so double-check your wallet details before you commit. We hope you found this guide on how to use a Bitcoin ATM useful, and don’t forget to check out our other articles about using BTC and other cryptos on our blog – it’s there for YOU.

Crypto Wallet Guide: How to Create a Crypto Digital Wallet

September 25, 2022

Crypto Wallet Guide: How to Create a Crypto Digital Wallet

September 25, 2022

Blog » Posts tagged "Bitcoin Cash"

Learn How to Secure Your Crypto With Our All-Inclusive Crypto Wallet Guide

How and where do you store crypto? Crypto wallets are the answer. These digital purses are where you will, ideally, store the cryptocurrency you buy, and if you’re playing casino games at Punt, store those big-money crypto wins.

Given that crypto wallets form such an integral part of your crypto experience, from staking coins to engaging with DeFi and NFTs – not to mention depositing cryptos to play online, it’s important to know what variations of crypto wallets there are, the differences between them, and how to set them up.

This crypto wallet guide will break down what kind of crypto wallets are out there and what you can expect when getting started. Now let’s show you how to set one up and fill your newly-created wallet with a whole bunch of crypto payouts at Punt.

What is a Crypto Wallet?

Before we begin with this crypto wallet guide, it’s important to know that your coins are never actually ‘in’ your wallet, not in the same way that cash is. Moreover, when cryptocurrency is sent to you, it is sent to a part of the blockchain that only you can access, with the wallet being the gateway to that specific part.

This means that if you ever lose access to your wallet, or the wallet itself, you haven’t actually lost the coins, merely your access to them – let’s see traditional cash wallets pull THAT on off!

You can simply get a new wallet, import the details, and voila – you have your coins back. It is also important to remember that crypto wallets can hold many different types of cryptos at once.

Before we compare crypto wallets, we need to cover some very important terms that define what type of wallets there are.

Types of crypto wallets

There are three main types of crypto wallets – software wallets, paper wallets, and hardware wallets. However, we discourage the use of paper wallets (this ins’t the 90’s anymore) and suggest you go for either a hot wallet or a cold wallet.

Both of these options can be used for online gambling, but it’s important to know the features and characteristics of each. Before we continue, here’s a quick explanation from the top crypto exchange in the world, Binance.

Software wallets / hot wallets

To recap, these crypto wallets take the form of a cryptocurrency wallet app on your phone, computer, or web browser. They are also referred to as ‘hot wallets’ because they are connected to the internet. Software wallets are less secure but more practical than hardware wallets – but don’t get us wrong, for crypto gambling, these will do just fine.

Hardware wallets

These are physical devices, generally in the form of a USB stick, that offer better protection for your assets. This is because they are stored offline and are only connected to the internet when the owner performs a task such as sending coins. To this end, they are also referred to as “cold wallets”, and are less practical but more secure than software wallets.

Custodial and non-custodial wallets

Something else you need to know before choosing between the different types of crypto wallets, is how the coins will be stored. Wallets can either be custodial or non-custodial, so let’s take a look.

Custodial wallets

These are wallets where the wallet maker holds your coins in its own pools, commingling them with other customers’ funds and only taking them out again when you want to withdraw them. This is very similar to holding them on an exchange and means that you are relying on the security of the wallet maker as well as your device to protect your coins.

Non-custodial wallets

These wallets allow you full control over your coins. You are given a private key that is essentially a master password to the contents of your wallet, meaning the safety of the coins is entirely down to you.

With those important terms in mind, let’s crack on with our crypto wallet guide and compare crypto wallets.

Software wallets

With software wallets coming in all different shapes and sizes and on multiple platforms, the process for setting them up, in most cases, is slightly different for each type. However, the ethos is broadly the same, so in this crypto wallet guide, we can look at them as a collective.

The most popular type of software wallet these days is a mobile crypto wallet app, with dozens of products available to choose from. Many of them don’t cost anything upfront, essentially giving you a free crypto wallet, although many make the cost back in transaction fees.

Installing a software wallet

Assuming you have done your research and chosen the right cryptocurrency software wallet suited for your needs, making sure you download the wallet from an official website or your device’s app is important

The first step will be to see if you need to register and prove your identity. Some software wallets, such as NearPay, will need you to register and confirm your identity through a KYC process before you can start using them.

This will begin the moment you run the wallet application, with government-issued identification required as well as a selfie, so be prepared for that.

If you don’t need to register, as is the case with popular software wallets such as Metamask and Trust Wallet, your wallet will be live as soon as you’ve created it. You can then begin sending and receiving coins right away – that means you can make a deposit using our quick and easy deposit window almost instantly at Punt!

Some non-custodial software wallets will supply your private key or a multi-word passphrase which you should definitely write down and keep very safe and secure. Others will produce it if you request it in the app. If you lose your phone, accidentally delete the wallet, or otherwise lose access to it, you can bring the wallet back to life with this magical passphrase code.

Using a software wallet

Receiving your first crypto is very easy with a software wallet. Simply head to the “Account Details” section, find the coin you want to deposit, and hit “Deposit”. This will give you the choice between a long alphanumeric code or a QR code, depending on how you are sending the coins.

Choose the most appropriate sending method for you, follow the instructions on the platform you’re sending from, and the coins will arrive as quickly as the blockchain allows. The process is similar for sending coins – click ‘send’, enter the address or scan the QR code of the recipient, confirm, and away they go.

Securing a software wallet

There aren’t that many steps you can take to keep your cryptocurrency wallet app more secure than it already is. Obviously, you should never reveal your private key or passphrase to anyone, and ensure you have all the protection features the wallet offers (2FA, fingerprint, withdrawal confirmation, etc.). Other than that, a cryptocurrency software wallet is only as secure as the device on which it is installed.

Hardware wallets

A hardware crypto digital wallet takes a little more setting up, and using them takes a little more work. However, they are more secure. In this crypto wallet guide, we’ll cover the process required by the most common types of hardware wallets.

Installing a hardware wallet

Once you have bought and unboxed your hardware wallet, you’ll need to make it ‘live’. The instructions for doing this will be included in the box, and some of the newer models even allow you to carry out the setup online. Older models will require everything to be done on the device initially, using buttons or a touch screen.

The first step will be to record your private key. Again, note this down and keep it very safe, along with any other passwords you are asked to create. You will be asked to provide the password each time you want to use the device, but NEVER the private key.

No legitimate app, platform, or program, will ever ask for your private key, not even the wallet maker – remember that!

Using a hardware wallet

Once this basic setup is done, you will be asked which coins you wish to send to your wallet. This is because you need to install apps for each coin on the device so you can receive and store them. Thankfully this process is easy and is done online, usually through a dedicated program.

Once you’ve chosen a few coins, the process for depositing is very similar to software wallets – in the program, select ‘deposit’, select the address or QR code, send the funds, and await their arrival.

Sending coins is a little different, and proves why a hardware crypto digital wallet is more secure. Once you enter the address to send your coins, you will have to physically confirm the transaction on the device before the coins will be sent. This is to make sure that coins can’t be sent from your wallet remotely.

Securing a hardware wallet

When you’re not using a hardware wallet, disconnect it from your computer and store it somewhere very safe. Remember, if someone steals your hardware wallet, they can’t use it without the password. They also can’t send any coins from your wallet without having physical access to the device and ensuring that it is connected to the internet.

Conclusion

As this crypto wallet guide has shown, setting up and securing the different types of crypto digital wallets that exist is largely a straightforward process these days, meaning that the only tricky thing is deciding which to use.

Many people make use of both – having the core of their holdings on a hardware wallet and keeping a little on a cryptocurrency wallet app or hot wallet for regular use. This approach is probably the best balance for most users, but of course, only YOU know which is the right option for YOU.

We hope you found this article helpful, and once you’ve set up your wallet and you’re ready to make your first deposit and start playing our epic casino games at Punt, don’t forget to claim your 6 BTC and $25 Free Chip Welcome Package – that should get your wallet filled in no time!

How to use Coindraw at Punt for instant crypto withdrawals.

What Is Coindraw? Your Ticket to Lightning Withdrawals at Punt

September 23, 2022

What Is Coindraw? Your Ticket to Lightning Withdrawals at Punt

September 23, 2022

Blog » Posts tagged "Bitcoin Cash"

How to Use Coindraw for Faster Crypto Withdrawals at Punt

If there’s one outstanding benefit to using crypto for playing online casino games other than cheaper transactions and increased security, it’s the speedy deposits and withdrawals. But now, thanks to the Coindraw crypto withdrawal system, they’re even faster.

But what is Coindraw exactly, how does it work, and how can this revolutionary Bitcoin withdrawal method benefit the player? Let us explain.

What exactly is Coindraw and how does it work?

Let’s start with the basics. At Punt Casino, there are 2 withdrawal methods. You can cash out using the regular Bitcoin withdrawal method, which usually takes about a day to be paid out as all transactions are verified by actual humans – yes, real people, just like you.

Then there is the option to use the Coindraw wallet withdrawal option. It’s an in-house payment system that could deliver your crypto winnings within 3 minutes – yes, 3 minutes, people. This means you can pocket those winnings from our new and improved Welcome Package at lightning speed.

Claim Now

Not only will it deliver your winnings faster than before, but it will also make your withdrawal process a little easier. When requesting your withdrawal in the cashier menu, the option to withdraw funds using the Coindraw crypto option will appear below. However, you’ll need to meet the withdrawal requirements to be eligible for this payment method.

Coindraw crypto withdrawal requirements:

To qualify for a Coindraw Bitcoin withdrawal, there are a few requirements that need to be met first. As we mentioned, this withdrawal option will appear when requesting your cashout. But if the requirements are not met, you won’t be able to use it. So, what is Coindraw calling for when it comes to withdrawal requirements? Let’s take a look.

Your last 3 transactions must have been made using crypto. However, since this is Punt, and crypto is the name of the game – that should be an easy one.
Your deposits over the last 6 months must total at least $100 or more.
If your last transaction was claiming a free chip or no-deposit bonus, the Coindraw wallet withdrawal option will not be available.
Playthrough requirements on bonus funds must first be met before requesting Coindraw Bitcoin or other crypto withdrawals.

Here’s an example of what your crypto cashout could look like when requesting your withdrawal in the Cashier menu using the Coindraw payment method:

Are there withdrawal limits?

Withdrawal limits generally apply to all withdrawal methods no matter where you play. Fortunately, the withdrawal limits for Coindraw Bitcoin withdrawals and other cryptos are more than reasonable, and leave enough room to cash out those hefty wins from our payout-packed slots and table games at Punt.

More Games

Every player is entitled to 3 Coindraw wallet withdrawals over a 7-day period (168 hours). The maximum withdrawal amount per transaction is $1,500, which means you can cash out up to $4,500 over 7 days.

You will also need an active Bitcoin wallet, so make sure you’ve set one up before playing at Punt (you’ll need it for deposits too). As for topping up your account, if you don’t know where or how to purchase your crypto, our handy Bitcoin Guide has that covered too.

Take advantage of speedier withdrawals at Punt Casino

The days of waiting for your casino withdrawals to reflect in your wallet are over. Using the Coindraw crypto withdrawal method at Punt is the fastest way to receive your funds than anywhere else – just another way we’re changing the game for the better at Punt.

Coindraw FAQ

What is Coindraw?

It’s an in-house crypto payment system that can be used at Punt Casino and many other casino brands from the same group. All regular crypto withdrawals are first analyzed and approved by operators from the casino, but Coindraw’s automatic payment system streamlines the process and makes it much faster . It can speed up your withdrawals when cashing out your winnings from Punt Casino.

How does Coindraw work?

When requesting your withdrawal in the Cashier menu, the Coindraw crypto withdrawal option will appear as a payment method along with the regular Bitcoin payment method. This option can only be used if you meet the requirements mentioned in the guide above, and will allow you to withdraw your funds faster than using the regular payment methods.

Simply select the Coindraw option provided, insert your withdrawal amount, and provide your wallet receiving address. You must have an active Bitcoin Wallet if you want to cash out using the Coindraw Bitcoin or other crypto payment method.

Where do I sign up for a Coindraw casino withdrawal?

Right here, at Punt Casino. If you’re looking to withdraw funds at lightning speed using Coindraw Bitcoin withdrawals, sign up with Punt Casino and start winning big on our massive selection of mega-money jackpot slots today.