Best Bitcoin Online Lottery Sites
Bitcoin is the leading cryptocurrency in the world. It has revolutionized the online payment industry and taken its place among the best online lottery payment methods. Today millions of online gaming enthusiasts use bitcoin for depositing and withdrawing funds as it offers a hassle-free payment experience. Due to the increasing popularity of bitcoin, there have been more and more safe and legit online lottery sites that accept bitcoin as a payment method. We have made a list of the best bitcoin online lottery sites for a secure and smooth lottery play.
Bitcoin is a decentralized cryptocurrency without the supervision of a central bank. The transactions are made through the peer-to-peer bitcoin network. You can send and receive money using one of the existing bitcoin wallet sites. These sites allow users to top up their accounts and withdraw funds in other currencies such as USD, GBP, and EUR. So you can buy and sell bitcoins easily through these platforms easily using a debit or a credit card. Since using bitcoins is easy, inexpensive, safe and legal, most of the best online lottery sites have adopted it as a payment method. So, we’ll talk about how to use bitcoins to play the lottery online in this section.
How to Play Lotteries Online with Bitcoin
Bitcoin wallet services such as Blockchain.com and Coinbase provide online lottery enthusiasts with platforms where players can exchange their national and transnational currencies with bitcoins. Buying bitcoins doesn’t cost any money if you have a debit or credit card which you can use for online shopping. The eWallets like Skrill and Neteller offer you the option of making online purchases free of charge.
Once you have an active bitcoin wallet, you can purchase as many bitcoins as you wish. In order to use your bitcoins to top up your account at one of the best online bitcoin lottery sites, you need to head to the cashier and choose bitcoin among the deposit options. There you’ll find an active bitcoin wallet ID of the lottery site. You can send the bitcoins to this wallet ID using your bitcoin wallet.
Keep in mind that most of the best online lottery agents and the online lottery betting sites allow players to withdraw through bitcoin while not offering this option to deposit money due to the fluctuant nature of bitcoin. However, bitcoin remains among the most attractive withdrawal methods.
In order to withdraw your funds to your bitcoin wallet, you need to generate a bitcoin wallet ID in your bitcoin wallet platform and insert this ID in the bitcoin withdrawal section of the online lottery site that you use. Afterwards, simply choose the amount that you’d like to withdraw and then you’ll receive your payment within a short time. Also, it is worth noting that when you choose a national or a transnational currency to withdraw to your bitcoin wallet, the online lottery platform that you use will exchange the currency into bitcoin using an exchange rate which might be different from the median market rate.
Why You Should Use Bitcoin to Play Lotteries Online
Playing lotteries online with bitcoin is quite popular for many reasons. First of all, it is very easy to open a bitcoin wallet and trade it with the fiat currencies. All you need to have is a debit or a credit card and you are good to go. Once you withdraw your lottery winnings to your bitcoin wallet, you can either use your money at online and offline shops that accept bitcoin or you can exchange your bitcoin instantly to a fiat currency. Most online bitcoin wallets offer a debit card so that you can convert your bitcoins to currencies like USD, EUR, and GBP and spend it as you wish.
The number of the best online bitcoin lottery sites is increasing day by day. It means that you can play your favorite US online lotteries or the most popular European online lotteries easily using bitcoin. Moreover, you can enjoy a high-tech online lottery experience with lower fees. Bitcoin transactions are usually free. However, the bitcoin wallets levy a small markup on the exchange rate.
Also, if you care about your anonymity in case you hit the lottery jackpot, bitcoin is the perfect payment method for you as bitcoin transactions are encrypted. In other words, nobody can track your transactions and your privacy remains protected, well, at least until you decide to withdraw your fortune to your traditional bank account.
The biggest drawback of using bitcoin to play the lotteries with the biggest jackpots online is that the fiat currency value of the bitcoins that you hold might change day to day due to the volatile nature of bitcoin. So, we advise you to follow the latest bitcoin trends before starting to play lotteries online using bitcoin.
Online Lottery Sites Accepting Bitcoin
There are quite a few online lottery sites accepting bitcoin as a payment method. One of the safe and legit online lottery sites that accept bitcoin is WinTrillions. It is a popular online lottery agent where you can purchase the tickets to the major lottery draws such as Powerball, Mega Millions, EuroMillions and Eurojackpot.
You can enjoy the advantages of this futuristic cryptocurrency claiming some juicy lottery offers. Check out the latest online lottery bonuses to see the deals offered by the best bitcoin online lottery sites!