Best Bitcoin Wallet For Bovada

4/4/2022

Best Bitcoin Wallet For Bovada Average ratng: 4,4/5 2433 votes

Bitcoin SV or BSV was created after Bitcoin Cash was forked in November 2018. It is one of the official coins of the Bitcoin Cash network. The other one being the Bitcoin ABC.

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Bitcoin SV (full form Bitcoin Satoshi’s Vision) proudly named their new coin after Satoshi Nakamoto, one of the pioneers behind the development of bitcoins. The BSV coin has been developed following the principles of bitcoin bringing in more decentralization and scalability into the network.

The Promotion consists of one (1) 75% match bonus up to $750, and is valid only on a bitcoin bovada Bitcoin or Bitcoin Cash Deposit. If you don’t already have a Bitcoin wallet, visit here to learn how to get started on the best way to play at Bovada Always transfer your Bitcoin to Bovada from your wallet (NOT your exchange), to maintain. If you bought bitcoin to deposit into Bovada, transfer it from your coinbase account to your electrum wallet. To do this, open your wallet and click 'receive'. It'll show you one of your addresses which you can copy and paste.

The BSV project was undertaken by the nChain Development Company. During the hard fork of BSV, the price of bitcoins experienced a sharp decline but BSV reached a top spot in bitcoin market capitalization. Now that the BSV coins have been created, there is a need to store the coins in a secure wallet.

Best Bitcoin SV Wallets For BSV

Since Bitcoin SV coins are a result of a hard fork, there are not too many wallets that support the coin. There are however a few third-party wallets but they often fail to meet the basic criteria of security, customer support, intuitive interface, etc. Here we have finalized a few wallets that not only support BSV but also will provide security to your funds and personal data. Let’s discuss about best Best Bitcoin SV Wallets For BSV coins:

Atomic Wallet

Atomic Wallet is an open-source, decentralized, anonymous, multi-coin wallet that supports more than 300+ coins and multiple tokens including Bitcoin SV (BSV). Users are allowed to exchange the cryptocurrencies within the wallet through a built-in exchange feature. Users can earn extra through one-click staking of the PoS coins. Currently, Atomic wallet is airdropping 15 AWC coins for downloading the wallet. Steps are given below:

Claim your free 15 Atomic Wallet Coin (AWC):

Download Atomic Wallet and complete the setup.
go to setting->airdrop
fill your email id and use p172G5Rto get 15 free AWC coins.

Guarda Wallet

Guarda wallet is an all in one, non-custodial cryptocurrency wallet designed for users having multiple cryptocurrencies in their portfolio. It a simple, easy to use, secure wallet that can be accessed from any device like a mobile phone or a desktop computer. It supports a huge list of crypto-asset including Bitcoin SV (BSV).

In Guarda wallet, users can buy, exchange, and skate cryptocurrency. Staking is a way through which users can earn periodic rewards for holding crypto assets. A few number of wallets currently supporting slating and Guarda is one of them.

Electrum SV

Electrum SV is a desktop wallet and supports all the major operating systems like Windows, Linux, Mac OS, etc. Electrum wallet was founded by Thomas Voegtlin and is one of the most popular wallets for storing bitcoins. Electrum is a hierarchical deterministic or HD wallet that means you do not need to generate different addresses every time you receive coins in your wallet.

Electrum SV also has a splitting feature whereby you can split your Bitcoin Cash coins into BSV coins. The wallet is also supported by other wallets like Trezor, Ledger, KeepKey, etc. Electrum SV is completely safe as you can store your private keys in your own device.

Exodus Wallet

Exodus is a desktop wallet and can be installed into desktops supporting Windows, Mac OS, and Linux. This wallet is also available for mobile devices. This is a third-party wallet and supports multiple cryptocurrencies including BSV. Exodus has a crypto exchange function supported by ShapeShift whereby you can exchange your crypto coins within the wallet itself. The wallet has an intuitive interface where you can view your portfolio, keep a backup of your addresses, and transactions. You can also integrate Exodus with the Trezor wallet and keep your private keys safely in the Trezor wallet.

Coinomi Wallet

Coinomi is a multicurrency wallet that was launched in 2014 and currently supports more than 380 cryptocurrencies. Coinomi does not reveal your IP address or store your private keys in its server while you are doing crypto business in the network. The wallet offers cryptocurrency swaps and is supported by Changelly and ShapeShift features. The wallet supports both desktop and iOS phones. You can download the application from Google Play and Apple iTunes into your iOS phones.

The desktop version is quite good and supports Windows, Linux, and Mac OS. However, one of the major drawbacks of this wallet is that it is not an open-source wallet but fortunately has not reported any major hacks or infiltration over the past few years.

CentBee

CentBee is a mobile wallet and currently is one of the best wallets for storing your BSV coins. The wallet is affordable with a very easy interface and is supported by CoinGeek and Ayre Ventures.

The mobile wallet can be installed both in your Android and iOS phonesand can be downloaded easily from Apple iTunes and Google Play Store. One of the limitations of this wallet is that it is not an open-source wallet, but the makers of this wallet guarantee its security and there have been no incidents of hacking to date.

Edge Wallet

Edge is a multicurrency mobile wallet and apart from BSV, you can store 21 other cryptocurrencies. The wallet was first launched back in 2014 under the name of ‘Airbitz’ but was relaunched in February 2018 as the Edge wallet.

Edge is a wonderful mobile wallet with a really intuitive interface and portfolio where you can view all your daily transactions and keep track of your wallet funds. The wallet also provides exchange swap facilities between BSV and other cryptocurrencies. You can also buy other crypto coins using your native fiat currency. One of the good news is that the Edge wallet is a fully open-source wallet and so you are assured about the security verification of your code. The wallet is available both for Android and iOS users.

Blockchain Multi-platform Wallet

Blockchain multi-platform wallets can be downloaded both on your desktop and mobile devices. The wallet was launched in 2011 and so far, has over 33 million users worldwide.

The Blockchain wallet is a browser wallet and offers one of the lowest fees for transactions in the crypto market. The wallet also offers some of the best security features in the market like the 2-step verification process. Another security feature is that every time you do a new transaction, the wallet will create a new address which makes it very difficult for third parties to track down your wallet address and ensures full privacy to your data.

HandCash Wallet

HandCash wallet is a simple mobile wallet that supports both Android and iOS phones. You can send and receive bitcoins by using your phone’s contact list.

One of the unique features of this wallet is that you can remain completely anonymous by using a nickname in place of your wallet address for sending and receiving Bitcoin SV coins. You can keep a backup of your wallet on Google drive and quickly recover the funds whenever you want. The wallet works on the mainnet.

Ledger Nano S

The BSV support team is announced that soon it will be supported by the Ledger Nano S wallet. Ledger Nano S is one of the best crypto hardware wallet in the crypto market and its integration with BSV will be good news for BSV coin supporters.

Making a deposit on Bovada with bitcoin is not as difficult as you might first think. The only challenge is buying bitcoin and there are options below showing you how and where to do so.

If you already have bitcoin, making a deposit on Bovada is super easy. Click deposit. Choose bitcoin as your deposit method. Send the amount of bitcoin to the address they supply you.

If you do not yet have any bitcoin, this guide will show you how to get bitcoin and how to use it to deposit on Bovada safely.

The Bovada Casino and Sportsbook has accepted bitcoin since early 2016. And today it is the preferred way to deposit and withdraw.

It’s fast, it’s easy and it is super low fee’s. Especially when compared to checks, bank wires and cash to WU options. If you utilize Bitcoin, you get double sized bonuses and the absolute fastest withdrawal speeds.

Let’s take a look at how to deposit bitcoin on Bovada.

Step 1 – Get Yourself a Bitcoin Wallet

The bitcoin wallet is where you keep your bitcoin before spending it. You do not have to get a wallet if the only reason you are getting bitcoin is to make a deposit but most of these are totally free so you may as well get one.

When you make a withdrawal of bitcoin, you’ll want a wallet to send them to. Make sure these are secure, quality wallets. I’ve researched these and here are my short list of good wallets:

Electrum.org – download the client on your computer. Free and easy
BreadWallet.com – quality web based wallet that you can control your private keys
GreenAddress.it – another good online wallet with privacy and control
Trezor – if you hold any significant amount of bitcoin, get a hardware wallet like the Trezor

Now that you have your wallet, you need to purchase bitcoin.

How to Purchase Bitcoin

The next thing you have to do is purchase some bitcoin and have them sent to a bitcoin wallet.

If you don’t know what a bitcoin wallet is or have any clue about how to go about purchasing bitcoin, don’t worry. We’re going to break down every bit of this for you below. You have three main options that we’re going to cover here for purchasing bitcoin, and two of them can be used for playing at Bovada Casino.

We’re including the third to help people who are new to bitcoin avoid a common mistake that a lot of people can make regarding one of the most popular bitcoin exchanges online today.

Coinmama

Coin Mama is a website that tries to make it as easy as possible to buy, sell and transfer bitcoin, and that makes them a great option for Bovada Casino players who want to use bitcoin as a deposit option.

The following is the basic procedure that you would follow:

Go to Coinmama and register for an account. This only takes a few moments, and it’s just like registering an account at virtually any other website.
Creating an account here will give you an online bitcoin wallet that you will use for your transfers.
Choose a method of payment for how you would like to buy your bitcoin. Available options include credit cards like Visa or Mastercard in addition to other methods like Western Union.
You will be taken to a simple form based on which payment option you have chosen. The form will walk you through entering all of the information that you need to verify and process your payment.
Once all of your information is in, you’ll confirm your details with an email that has a link in it you’ll need to click on.

And that’s all that needs to happen for you to purchase bitcoin through Coinmama.

They really do make it as easy as possible for new players, and it’s the method that we recommend players use for their first time because of how they really walk you through every single step of the way.

CoinMama accepts most USA states, but not all. If your state is not accepted, don’t worry, there are more options.

LocalBitcoins

Another option is LocalBitcoins, a website that uses a slightly different approach than Coinmama.

Instead of buying and selling bitcoin on an open exchange, they set up transactions between people who live in the same area.

This approach facilitates exchanges in person instead of working as an exchange themselves. The process is as follows:

Register for your free LocalBitcoins account if you haven’t already. This only takes a few moments.
From the search form on the main page, you’ll include various options like how much bitcoin you want to buy, your geographical location and how you would like to pay. This search form will list people in the given area who are looking to sell.
Choose the ‘Buy’ button beside of an option that looks appealing to you in order to see more information like the terms for the trade, the general location of the seller, etc.
If you agree to their terms, you then enter how much bitcoin you’re looking to buy. The blue box on that page is a part of a messaging system that will allow you to contact the seller directly. You can press the ‘Send’ button to initialize the trade.
When the seller verifies that the payment has been received, the bitcoin is transferred from escrow into your account, and the trade is complete.

LocalBitcoins has a little bit of a different approach, but it works just as well.

Coinbase – Do Not Use For Gambling

We’re including Coinbase here to warn players not to use them for gambling transactions. They are registered as a Money Service Business in the United States, and they’re subject to tons of regulations as a result.

This includes not funding any type of gambling, and they will freeze your account and your ability to make transactions if you use a Coinbase account along these lines.

If you want to make a deposit at Bovada Casino using bitcoin, you cannot use Coinbase to purchase them or as a bitcoin wallet.

The reason we want to point this out is that Coinbase is a very popular bitcoin wallet, if not the most popular for American players, and it’s a common mistake to try to use them to deposit to play at Bovada.

If you do have bitcoin on Coinbase, you need to send it to your personal and private bitcoin wallet first before sending it to an online casino.

Making Your Deposit to Bovada With Bitcoin

Now that you have your bitcoin in your wallet, the hard part is behind you. To transfer that bitcoin to your Bovada account, you’ll follow this simple procedure:

Log into your Bovada account as usual.
In the top-right corner of the page, click on your account balance to open the cashier window. Choose the deposit option from there.
Alternatively, you can open the deposit window by going to the dashboard and choosing the “Make a Deposit” option.
Pick bitcoin as your deposit method from the menu, and type in the amount of bitcoin you’d like to deposit.
You will be given a bitcoin address as where you should send your bitcoin to complete your deposit. You can do this from inside of your bitcoin wallet account or through a QR code you can scan with your smartphone or tablet.
Double and triple check to make sure that you enter the bitcoin address correctly when you process your transfer.
After the transfer is completely, click the “I’ve Completed My Deposit” button and wait a few moments for the bitcoin to appear in your Bovada account.

Once this series of steps is completed, you’re ready to start playing with your bitcoin at Bovada Casino. If you have any trouble with the last set of steps for any reason, feel free to contact their 24/7 support team because it’s full of helpful customer service representatives who can help you to figure out if something went wrong with your transaction.

Ready to make your first bitcoin deposit? Go to Bovada to get started! They are currently offering a 50% to $500 for first time bitcoin depositors.

Bovada Bitcoin Recap

Bovada Casino has been in operation since 2011 but the team behind them (Bodog) has been around since 2003 and we have been working with them since then.

They are embracing bitcoin and crypto currency. They’re known for being one of the best online casino options for US players. One of the things that makes them so great for Americans is that they have reliable deposits and withdrawals.

My goal in this guide was to show you exactly how to make your first deposit to your Bovada account in bitcoin. And because we know that there’s a bit of a learning curve, we want to make it as easy as possible on you.

Practical Bitcoin Usage

Without going into a ton of detail about the mathematics and technology behind how bitcoin works, here is a breakdown of how you can use it in a practical way. First, you have a wallet for your bitcoin, which can operate like an electronic wallet (think PayPal, Skrill, etc.) that you log into with a username and password and use to make transactions in the bitcoin cryptocurrency.

Advanced users can actually run their own private wallet from their own computer, but that’s a bit outside of the scope of learning how to make deposits and withdrawals to Bovada.

You can purchase bitcoin from other currenies (like the US dollar) based on the current exchange rate, and you can sell your bitcoin to receive other currencies in the same way. This is the basis of using bitcoin as a deposit and withdrawal method.