Bitcoin: the original crypto, with its own trade-offs
Bitcoin is the oldest and best-known cryptocurrency, and when a casino accepts crypto it is usually on the list. It is also among the more volatile and, at busy times, one of the more expensive networks to use. Here is how BTC payments typically work in a cashier such as 389win's. The method set and limits depend on your account — check the cashier.
How a deposit with Bitcoin works
- Choose Bitcoin in the cashier and copy the deposit address.
- Send BTC from your wallet or exchange on the Bitcoin network to that address.
- Wait for the confirmations the cashier requires; times vary with network load.
- Check the amount credited in your account currency.
Bitcoin network fees rise when the network is busy. A small deposit sent during congestion can lose a noticeable share to fees, or wait longer if you chose a low fee.
How a withdrawal with Bitcoin works
For a BTC withdrawal you supply a Bitcoin address in a wallet you control. After the operator approves, the transfer is broadcast and confirmed on the network. Converting to your local currency is a separate sale on an exchange. As with every method, identity verification must be complete — see withdrawals.
Price swings between in and out
| Moment | BTC price (units) | Value of 0.01 BTC |
|---|---|---|
| Purchase | 50,000 | 500 |
| Credit in cashier | 47,500 | 475 |
| Sale after withdrawal | 52,500 | 525 |
Illustrative example, not a 389win term. The same 0.01 BTC was worth 475 or 525 depending on timing. That swing has nothing to do with the games and can add to or subtract from your result. If you want to know exactly how much you staked, a stable method or a stablecoin keeps the arithmetic simpler.
Confirmations and timing
A Bitcoin transaction is not final the moment you send it. Miners add it to a block, and each later block adds a confirmation. Cashiers usually wait for a set number of confirmations before crediting, to protect against reversed transactions. When you pay a low network fee during a busy period, your transaction can wait in line for a long time before the first confirmation. If timing matters — for example, a deposit tied to a promotion deadline — pay a normal fee or choose a faster method.
Bitcoin and bonus offers
Some promotions exclude crypto deposits or set different terms for them. Read the payment clause of any offer before sending BTC, and price the turnover with the wagering method — the price swing above comes on top of the house edge.
Good habits
- Send a small test amount first.
- Paste addresses and verify the ends.
- Use two-factor authentication everywhere.
- Record every transaction.
Other methods: Visa · Mastercard · Bank transfer · Skrill · Paysafecard · Trustly · Crypto · Bitcoin
← All payment guides · How to deposit · Withdrawals