Neteller Adds Bitcoin Deposit Option

Phone Bill Casino bring news for those of you who are interested in cryptocurrency as a banking method for your online gaming. Neteller is one of the top methods of banking in the casino, slots and bingo industry, so we were intrigued to hear that they now allow you to make a Bitcoin Deposit.

Bitcoin Casino Deposit at Neteller

Neteller Bitcoin DepositTo provide you with further details, Neteller is an e-money/e-wallet stored-value service, owned and operated by Optimal Payments PLC. The addition of a Bitcoin deposit feature into their payment methods reignites the growing debate about the future of Bitcoin and other cryptocurrencies and introduces them into mainstream gaming and not just crypto-specific sites.

Optimal Payments president and CEO Joel Leonoff has confirmed in a statement;

“Neteller already provides merchants and customers a broad and diverse set of online payment options and the addition of Bitcoin gives them another valuable payment method to help convert more transactions. We recognize the important role that crypto-currencies play in the future of payments and we look forward to working with BitPay as the acceptance rate grows.”

Making a Neteller cryptocurrency is extremely easy, simply attach your bitcoin wallet to your Neteller account and you can transfer your crypto in a mater of seconds. Once you have transfered your bitcoin, you can easily make casino deposits via Neteller.

Neteller Cryptocurrency depositBut what is Bitcoin?

For those of you new to the cryptocurrency world Bitcoin is a digital currency created specifically for buying and selling on the internet. What adds to its appeal is the fact that it is the first decentralised payment method, meaning that it isn’t controlled by the Government, banks or middle men. With the huge economic difficulties over the previous ten years felt to be caused by the banks, this is a big plus for many people.

This new step will have a significant impact on both the Bitcoin and gaming industry, so it will be interesting to see how this develops over time. We have already begun to see a significant growth in Bitcoin casinos and betting sites, but the simplicity and financial security of this method can only benefit us players.

Although this is a brand new element to Neteller they have already added the feature to their site. If you’re interested in discovering more about Bitcoin and Cryptocurrencies then check out this article on the growing Bitcoin Casino Industry.