Digital currency for digital gamblers – now at PlayLive Casino
As of the 28th of November 2020, PlayLive Casino accepts Bitcoin as a payment method.
As the largest online casino in SA, it stands to reason that they would be one of the first to offer the largest cryptocurrency as a valid deposit method for their players. The digital world is a growing space (you only need to look at the number of remote workers and virtual meetings that are happening during the COVID crisis) and its reach is becoming ever more prevalent in our modern times.
From e-commerce to online shopping to entertainment on demand, the internet is set to be the channel of the future, catering to an audience that doesn’t want to spend money on the infrastructure of traditional establishments. Rentals and overheads are added to every purchase we make from brick-and-mortar providers and the digital-conscious generation are fast realising that they can get better deals and lower costs from a virtual store.
Banking is about to go the same way. Cryptocurrencies are still in a state of flux but are gaining ground on traditional banks. People are starting to realise that the banks profit from people having accounts by charging them fees for storing their funds. They even charge people for using their own money! Cryptocurrencies are giving people a different option, one that is as safe as a bank but also far more private and costs a lot less.
Bitcoin, the original cryptocurrency, is the leader. While there are others like Ethereum, and we’re pretty sure that these will be included in PlayLive Casino’s roster as soon as they are properly established as legitimate cryptocurrencies, Bitcoin do have the edge from a trust and reputation point of view.
Can I deposit into my PlayLive account with Bitcoin?
Yes, you can. PlayLive Casino is one of the first online casinos for South African players to accept Bitcoin as a valid deposit method.
Can I withdraw from my PlayLive account in Bitcoin?
Not at the moment. Withdrawal from your PlayLive Casino account will still need to be done using the usual channels. This will change as the Bitcoin option becomes more prevalent.
Why can’t I withdraw in Bitcoin?
Bitcoin is currently a very volatile currency. As such, when you deposit your Bitcoin it is converted into playable cash at a certain rate. When it comes time to withdraw, that rate has changed – sometimes quite dramatically.
PlayLive Casino would rather their players get the full value of their money when they withdraw rather than losing money on a changing Bitcoin rate.
How do I deposit Bitcoin into my PlayLive Casino account?
It’s quite simple.
- Set up a Bitcoin wallet.
- Fund your Bitcoin wallet by transferring Bitcoins from your Bitcoin account into the wallet.
- Select Bitcoin from the banking options on the PlayLive Casino cashier page.
- You will be provided with a unique web address for your account.
- Input that address into the ‘send’ tab of your Bitcoin wallet.
- Enter the amount and confirm your transaction.
- Your Bitcoin will be converted into playable currency and reflect in your PlayLive Casino account.
The biggest and best
It’s just another reason for why PlayLive casino is becoming the most popular destination for online casino players. As SAs largest online casino, they are consistently leading the way when it comes to providing the best games, the best practices and now the best banking methods for their players.
PlayLive Casino – SAs largest online casino.
