Bitcoin is the digital currency that everyone's talking about and it's revolutionizing how we trade and spend money. There are a few reasons to use Bitcoin at BetOnline.ag. It's fast, secure and holds no transaction fees associated with traditional payment methods!

Why use BTC ATM?

You can deposit cash to buy BTC (and withdraw cash from your BTC!) You will need a wallet downloaded to your phone, and you will need to locate the machine nearest you.

1. Open a web browser and type coinatmradar.com. Scroll down to the General map. In the upper-left corner, enter your location in the “Search by address” bar.

2. A new screen will open showing all the available Bitcoin ATM machines near you. Find the location that’s most convenient, click on the one you want to use, and if you need help with the best way to get there, click on “Get Directions” to open its location in Google Maps. Should you require more information, click on “View Listing”, which reveals details about the type of machine and location, for example, phone number, fees, supported coin types and open hours.

3. Bitcoin ATM machines vary in style and look, but they all function in the same way. In this example, you select language and then select “Buy Bitcoins”.

4. In order to deposit cash to buy Bitcoins, you must generate a “receive” address in your Bitcoin wallet, which gives you a scanable QR code on your phone.

5. Open your Bitcoin wallet and hold your phone with the QR code close to the scan window on the Bitcoin ATM Machine.

6. Insert your desired cash amount and click on the “Buy Bitcoin” Wait a moment while the transaction continues to process. It only takes a few seconds for your Bitcoin to appear in your wallet.

7. Now you can press the “Done” Button to complete the transaction.

8. Congratulations - you’ve now successfully converted your cash to Bitcoin, and can go ahead and deposit in our cashier.

1. In our cashier deposit screen, select "Cryptocurrency" enter the amount and confirm. You will get a scanable QR code (if using a desktop) or a long address to copy paste. (if you are using your smartphone to access the cashier)

2. Copy the long address in the cashier and open your Crypto wallet.

3. In the wallet, select send/receive BTC and then “send”

4. Enter the amount (make sure it’s the same amount you selected in the cashier) click "Send”.

5. If using a phone and desktop, scan the QR code you got from us with the phone. Once entered, click “NEXT”. If you are using a phone only, paste the long address you copied in the cashier.

6. Confirm the wallet address again and click “NEXT”.

7. Once you have gotten the required blockchain confirmations, the funds will appear in your sports account.

How can I start using Bitcoin on BetOnline today?

in 3 easy steps

1 - Buy Bitcoin with an exchange account.

Did you know?

You can buy Bitcoin instantly with your debit card, ACH or even your checking account, through a regulated exchange. Once you select your preferred exchange, link it to your checking account or bank card to buy Bitcoin.

Go!

Choose among this list of top-rated Bitcoin Exchanges, and places to buy Bitcoin quickly and easily.

2 - Get a Wallet

A wallet is a place to keep your Bitcoin until you spend them. Wallets are free, and getting one is easy! Our recommendation for a great Bitcoin wallet for your mobile phone is Mycelium. It is easy to use, has enhanced security features and is among the most recommended wallets for both Android and iOS.

You'll need to send your Bitcoin from your exchange account to your wallet. Don't worry, it's easy!

  • First, open your wallet, select "receive money" and copy the long BTC address

  • Next, go to your exchange account and select "send funds" and paste the long address (that you copied in your wallet) into the "recipient" field in the exchange account.

  • Add the amount, click "send funds" and then "confirm"

3 - Make your first Crypto deposit with us!

You're Almost Finished! Congratulations! Now you're an official Bitcoin user. Deposit with BTC to your BOL account! Click below to fund your BOL account now. Log in and select “Cashier” button to continue.

  • In the BOL cashier, select Crypto, choose BTC and the amount you want to deposit
  • You will see a long address that you will copy
  • In your wallet app, go to "send funds" and paste the address you got in our cashier. Funds will appear in your BOL account with 15mins to 2 hours
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Types of Bitcoin Wallets

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Mobile Bitcoin Wallets

Download a Bitcoin wallet from the App Store or Google Play Store for an enhanced security Bitcoin experience. Mobile wallets are free to download, are QR code enabled, and make for instant payments and transactions.

Most recommended for Android: Mycelium Copay

Most recommended for iOS: Breadwallet Copay

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Desktop Bitcoin Wallets

Desktop wallets are also available to be downloaded to your home computer or laptop. Due to a computer's increased susceptibility to hacking, using a desktop Bitcoin wallet comes with a slightly higher malware risk than a mobile wallet. The recommended versions below carry a smaller risk:

Most recommended for Windows: Electrum Exodus

Most recommended for Mac: Electrum Exodus

How to Buy Bitcoin

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Regulated Exchanges

Think of this like purchased currency from a financial institution. This is a safe and secure way to exchange funds online, and to purchase Bitcoin. Many of these exchanges will require a picture of your ID for personal verification -- but the process is fast and secure.

View our recommended exchanges here

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Peer-to-Peer Exchanges

A peer-to-peer exchange allows you to exchange funds and trade Bitcoin with users around the world. We recommend using LocalBitcoin.com which is a go-to trading platform for peer-to-peer Bitcoin trading. When purchasing from a seller, only deal with users that have a high rating reputation based on previous transactions to protect yourself.

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Bitcoin ATM

Use CoinATMradar.com to find Bitcoin ATMs in your area. These machines are fast, secure, and easy to use -- even for first time Bitcoin users.

Please note that some machines may ask for ID prior to allowing purchase or exchanges. Additionally, you will need a Bitcoin address to move funds. You will need to insert cash into the machine to purchase Bitcoin. Also, you may need to verify your address to confirm most transactions -- when this occurs, the transaction will be instant.

More Bitcoin Information

Keep detailed records of where you store your Bitcoin. We recommend using a mobile wallet or trusted exchange services to store your Bitcoin.

When making peer-to-peer transactions, only deal with accounts that have high satisfaction ratings from previous experiences.

In the BOL cashier, only use the generated Bitcoin address once per deposit.

Have more questions?

Read the most commonly asked questions below:

Once you have created a Mycelium, Copay or Blockchain.info wallet, you can easily buy Bitcoin with your debit card using an exchange service such as Coinbase.com, Bitstamp.net, Kraken.com, and then transfer those to BetOnline.

The minimum deposit is $20 and the maximum is $25,000.

The minimum withdrawal is $20 and the maximum is $10,000.

Within a maximum of 2 hours, usually within a few minutes.

Within a maximum of 48 hours, usually within an hour.

No, BOL does not charge fees for BTC withdrawals, however, some third parties do charge fees.

Still have questions?

We're here to help

Call our Bitcoin hotline now at 1-888-446-9874

or send an e-mail to [email protected]