Planet 7 Casino has been active in the online gaming industry since it was founded in 2009. Though they only carry games from a single producer, they’re from one of the best software providers in the world. Real Time Gaming has an extensive selection of casino games. They include many table games like blackjack, roulette, and poker, along with many variants like pai gow poker. You’ll also find a huge collection of slot machines as well as a generous welcome bonus. These, along with numerous ongoing promotions, help make Planet 7 Casino stand out. In fact, there are nearly too many bonuses and incentives, all of which have very low wagering requirements.
Thanks to its particular banking methods, the casino is known as a “hybrid” casino. This means that Planet 7 Casino allows players to make deposits and withdrawals in both fiat and Bitcoin (BTC). So traditionalists making their first deposit can use Visa or MasterCard, or make a bank transfer. For those more tech-savvy, there’s an e-wallet, Neteller. Finally, Bitcoin funds can be sent directly from their crypto wallets directly to Planet 7 Casino.
What is Bitcoin?
For those of you Aussies who are out of the loop, Bitcoin is a peer-to-peer, decentralised digital currency. It lets you send money almost immediately. In addition, it’s anonymous, and there’s only a tiny cost. These factors have made Bitcoin an appealing financial option for online gamblers. However, using cryptocurrencies can seem intimidating at first. Especially to the uninitiated.
After all, using Bitcoin at Planet 7 Casino for online gambling is not as easy as linking your PayPal account or inputting your credit card information. Also, some individuals are wary of using a currency with such high volatility. Nevertheless, you’ll find setting up a cryptocurrency wallet is time well spent. Especially if you consider the overall advantages of Bitcoin.
Starting with Bitcoin at Online Casinos
The process of setting up Bitcoin for online gambling at Planet 7 Casino involves a few crucial stages. For a start, to buy Bitcoin, you’ll need a trustworthy cryptocurrency exchange, as well as a secure cryptocurrency wallet and cash.
Using your preferred fiat currency (USD, EUR, AUD, etc.), you can buy Bitcoin on cryptocurrency exchanges. Several top cryptocurrency exchanges, such as Coinbase, Binance, and Kraken, provide affordable rates for buying BTC. With these exchangers, signing up is easy. Your full name, address, date of birth, and a copy of your ID are all that are required. Although Binance needs more time for verification than Coinbase, all of these exchanges are reliable places to buy Bitcoin. To guarantee the security of your account, these businesses provide mobile apps and web pages with 2-factor authentication.
You should be ready to pay a small commission when purchasing Bitcoin. Since cryptocurrency exchanges must generate revenue somehow, each transaction carries a very modest fee. For example, Coinbase charges a 1% transaction fee, and Binance charges a 0.1% trading commission. They also offer a 0.5% cost for quick buy/sell transactions and a 4.5% fee for debit card purchases.
As you can see, Coinbase charges a larger fee for each transaction. Yet they also provide more payment method choices. These include the useful ability to connect directly with your PayPal account. Simply deposit money from your bank account, credit card, or e-wallet, and use it to buy Bitcoin. When getting ready to buy, keep a careful eye on the price of BTC. If you buy when it’s cheap, you’ll stand to gain more as the price rises. However, this doesn’t really matter so much when making modest transactions.
Setting up a Bitcoin Planet 7 Casino Wallet
Your new Bitcoin is stored in a crypto wallet, and you’ll use this to fund your accounts at Planet 7 Casino. Since cryptocurrency wallets can be fairly technical and complicated, all you need to know is that there are two types of wallets: hardware and software (also known as “hot storage” and “cold storage”). Hardware wallets, which are frequently used by investors or major cryptocurrency buyers, are similar to top-secret USB drives and come with top-notch security.
Many Planet 7 Casino players use a software wallet, which is a web-based tool that lets you store and use Bitcoin from a desktop or mobile device. While some exchanges, like Coinbase Wallet, have their own wallet service, some other businesses exclusively provide wallet services and nothing else. Some wallets to check out include Coinbase Wallet, Exodus Wallet, Electrum, and BlueWallet.
When you open a new crypto wallet, you’ll receive a seed phrase. With this, you can access your wallet in the event that you forget or misplace your password. Never give anyone your seed phrase. Doing so gives access to all your cryptocurrency assets. It’s best to write down the phrase and keep it in a safe location. In a similar vein, never save your password on your phone or on your browser. In other words, keep it away from any devices connected to the internet. Save your password in a password manager like BitWarden or maintain a paper copy of it instead.
Transfers from Exchange to Wallet
It’s easy to transfer Bitcoin from the exchange to your cryptocurrency wallet. Your wallet address is a lengthy collection of letters and numbers. Simply give your cryptocurrency exchange your wallet address to send your Bitcoin. To move your Bitcoin, you might have to pay a small processing fee, but that’s common.
In truth, the procedure is much easier if you use a Coinbase and Coinbase Wallet because the two platforms are already connected. This strategy is great for novices or those of you feeling nervous about using this new banking method. Now you have Bitcoin in your crypto wallet, let’s head over to Planet 7 Casino and sign up.
Registering a New Account at Planet 7 Casino
The registration process at Planet 7 Casino is quick and simple. First, visit the Planet 7 Casino website. This can be done using mobile devices or a computer because the platform is accessible on all platforms. Then look for the registration button in the site’s upper-right corner. You’ll be sent to a signup page after clicking the signup button, where you must input your personal data, including your name and email address. You are required to provide the Planet 7 Casino with your phone number, home address, and nation. Additionally, you can select your chosen currency.
Click the signup button once you’ve filled out all the essential fields. Then look for a link in your inbox to confirm your email address. You can also use this link to communicate with the platform and restore your account should you forget your password. Once you’ve completed the registration process, go to the platform and make a deposit. By the way, to play pokies or table games on the platform, you can only have one online casino account.
At this point, you’ll be prompted to choose a payment option on the cashier page before the money is transferred to your account. By selecting BTC, Planet 7 Casino makes sure that your cash transfer is deposited into a Bitcoin holding wallet when you make a deposit. There is a public address included with this wallet. Similar to this, your cryptocurrency’s current Bitcoin wallet has a unique public address. Both also include private keys.
You can view the Planet 7 website’s wallet address in two distinct formats from the Bitcoin cashier page. One of them may be accessed using a QR code, while the other is in a lengthy text string. You should access the “Send” function on your own Bitcoin wallet if it’s installed on a device with a camera. Then scan the QR code. This instantly recognises the wallet address and takes you to the next page. You’ll need to copy and paste the lengthy line of text from the gaming website into your Bitcoin wallet on the “Send” tab if your wallet isn’t on a device with a camera. Now enter the amount that you want to transfer to the Planet 7 Casino wallet.
Grab the Welcome Bonus
Once you open your new account, you must look at the welcome reward packages. There could be a no deposit bonus, cash prizes, or free spins. Bonuses vary from time to time, so make sure to check the promo page on the website. However, it’s not all rosy. Sometimes the terms and conditions of the bonuses might be difficult to achieve. Make sure to select those you can actually claim.
In any case, as you complete the registration to Planet 7 casino, press the “Send” button on your Bitcoin wallet after entering all the necessary details. The Bitcoin transfer should then appear in your account balance. With funds now deposited, you are ready to start betting. Next, choose your preferred deposit bonuses by clicking on the BONUSES option at the cashier. You can enter your own Planet 7 Casino coupon code by clicking on the “Enter Code” area.
Making Bitcoin Withdrawals
Withdrawal requests at Planet 7 Casino couldn’t be simpler. Providing you have the minimum withdrawal allowed for a money transfer, then the whole process consists of a few straightforward stages. Before you start any payout requests, make sure you meet the minimum allowable withdrawal amount and have completed any wagering requirements.
- Log into your account Planet 7 Casino account.
- Navigate to the “Cashier” tab.
- Select “Withdrawal” from the section.
- Choose the cryptocurrency you want to withdraw from the list.
- Give the amount and the location of your wallet.
- If necessary, confirm the account or crypto address.
- After the Planet 7 Casino sends you a confirmation, the money goes into your wallet.
Though Bitcoin is billed as being instant, the reality is more nuanced. Every transaction, both to and from Planet 7 Casino, has to be verified on the blockchain. This final approval can take up to a couple of hours because the Bitcoin blockchain can only handle 7 transactions per second. To make your first deposit, it’s still much faster than things such as bank transfers, which can take 3 to 5 business days. However, at busy times of the day, moving online casino funds may be slower than deposit methods like credit cards and e-wallets.
Having said that, the normal waiting time to have your Planet 7 Casino transfers verified should be no more than a few minutes. If you’ve been waiting for ages, don’t hesitate to reach out to the Planet 7 Casino customer support team to ensure there are no other issues that might be slowing down the banking process.
Security at Planet 7 Casino
It’s worth mentioning that Planet 7 Casino is licensed in Costa Rica, and its games are audited and approved for fairness by Gaming Laboratories International. Utilising 256-bit SSL security, you can be sure all your personal information is safe and out of reach of any malicious third parties. The casino also encourages responsible gambling as well as offers an array of tools to help those who need them.