Back in 2009, Bitcoin was released to the world, and except for a handful of technology geeks, few people were excited about it. Nowadays almost everyone knows and talks about Bitcoin. Let's see what's up with that.

In fact, the vast majority of people continued living their lives without the slightest idea that a revolution was on its way.

It started as a cybernetic fantasy: anonymous programmer(s) set to create a new currency for the digital world. The idea was to make a currency that was controlled by no government or financial institution, a currency that had no physical form and existed only within computers!

Cryptocurrencies have developed exponentially. While you could find over 1,600 cryptocurrencies in 2019, in 2023, there were more than 25,000 different cryptocurrencies on the market. Can you imagine? It is flourishing and continues to change the way we view money, financial transactions, and online security.

Bitcoin In Detail

A bitcoin is the unit of digital currency. Just like $1 is a unit of value. A unit of Bitcoin changes value over time. The Bitcoin price is regulated by the market. It can be quite volatile to be honest, yet it pays off using them to trade, deposit, or store them.

Most Popular Cryptos Besides Bitcoin

Bitcoin is perhaps the most familiar of all cryptocurrencies, but it’s not the only one available. In fact, it has two children that go by the names of Bitcoin Cash (BCH) and Litecoin (LTC), which are very similar to their predecessor. They were released to solve practical issues encountered by Bitcoin.

Litecoin appeared in 2011, and its goal was simple: to reduce transaction costs and transaction times.

Bitcoin Cash appeared much later, in 2017. Its creators aimed at increasing the scope and capacity of the cryptocurrency’s network, while also lowering fees and transaction times.

Here’s a look at the main differences between the 3 cryptocurrencies:

 

BITCOIN (BTC)

Bitcoin Cash (BCH)

Litecoin (LTC)

Max. Number of Coins

21 million

21 million

80 million

Average Block Size

1 MB

<200KB

32 MB

Average Transaction Time

10 minutes

10 minutes

2.5 minutes

Average Fee (USD)

$2

$0.005

$0.07

 

crypto logos of bitcoin, bitcoin cash and litecoin

How do you use Bitcoin at Sloto’Cash?

It’s all very simple.

Open a wallet to buy, send, and receive bitcoins. You can set up a free wallet at various sites such as www.coinbase.com or www.bitstamp.net. From there, you can buy Bitcoins that you can later send to Sloto’Cash.

  • Once you have Bitcoins in your wallet, go to the Sloto’Cash cashier.

  • Click on the Bitcoin deposit option.

  • You will receive a BITCOIN ADDRESS that you must copy.

  • Log in to your Bitcoin wallet to initiate a ‘send’ payment. Paste the Bitcoin Address you got at the Sloto’Cash cashier in the address field.

  • Once Sloto’Cash confirms the received payment (usually within seconds!), your account will be updated with fresh funds to play!

 

PLAY NOW

 

Fast and Secure Transactions with Bitcoin

Bitcoin transactions are generally very fast. In the worst cases, it may take up to 1 hour to clear. Bitcoin transactions also don't require you to give up any secret information. Instead, they use two keys, and a private one.

More info on our video tutorial:

A significant advantage of using Bitcoin is that it is one of our most cost-effective withdrawal methods. Bitcoin transaction fees are minimal, or in some cases even free of charge. Who would want to go for withdrawal fees when you can have almost none?

Your Sloto’Cash Bitcoin Deal

Grab a daily 150% Bitcoin deposit match bonus + 25 free spins on top!
Coupon code: BIT150COIN

$20 min. crypto deposit and 30x rollover with no max cashout.
Free spins are on Cleopatra's Gold

Redeem the bonus daily to boost your luck on Bitcoin deposits!

 

Redeem BIT150COIN

 

Fast Forward into the Crypto-Future

Crypto means that banking just got easier at Sloto’Cash online casino. Log in to the Sloto Cash casino lobby and go directly to Banking.  There, you can choose from a wide range of banking options - including Bitcoin and Litecoin, which we've spoken about here.

Additionally, once there are further cryptocurrencies worth featuring available, we'll make sure to have them as a banking option for you. Latest addition to our crypto variety: Lightning Bitcoin!

Make your deposit, claim the Bitcoin deal, and you're on your way to some mega online casino real money FUN!!!