Withdrawing Bitcoin from your gaming account is fast and easy. We are processing Bitcoin payment to customers in up to 7 business days.
The first step to accepting Bitcoin is to create a free online Bitcoin wallet. All Bitcoin wallets will come with a Bitcoin Address that instantly allows you to receive Bitcoin when you provide us with your Address in the withdrawal section of our website.
There are so many Bitcoin wallets available online. Some wallets also offer the ability to buy and sell your Bitcoin by linking to your bank account. These are called Bitcoin Exchanges. If a Bitcoin Exchange suites your needs, we recommend coinbase.com as an option. Transferring Bitcoin between wallets and exchanges is simple and you may eventually want more than one.
A list of Bitcoin wallet and exchange options can be found at coinchapter.com
Exchanging your Bitcoin to USD - US residents
There are so many different ways to turn your bitcoin into spendable cash that it can be overwhelming to find what suits your needs. Below is a list of recommended options that can help you narrow it down.
You can now spend Bitcoin directly at a growing number of retail locations and online websites. You can also purchase gift cards for top retailers worldwide from sites like Gyft.com.
Sell to a friend or family member
Everyone knows someone that has heard of Bitcoin, there are many people out there looking to buy bitcoin. When trading with friends or family there are no fees and no verification required.
VISA Debit card
BitPay.com offers a Bitcoin wallet as well as a Visa debit card. Load your card with Bitcoin from your Bitpay account and use it the same as any other visa debit card. Verification required.
Use a Bitcoin Exchange
Create an account at one of the many online bitcoin exchanges, such as Coinbase.com. There you can link your account directly to your bank account and have the Bitcoin exchanged and deposited as currency. Verification required. Note: its best not to mention “Gaming Winnings” when using a bitcoin exchange, its best to say you received it from a friend or family member.
Join a Bitcoin marketplace
Sites such as Localbitcoins.com and Paxful.com are known as marketplace sites. They list other people in your area that are buying and selling Bitcoin through many different payment types including cash. After signing up, you simply post a trade and wait for a buyer. These sites offer an escrow service to help with the security of the Bitcoin trade. Caution: Be sure to carefully follow the instructions and only trade with users that have previous trades and positive feedback. All trader information can be found within their personal profile. Marketplace trading can be one of the quickest ways to sell your bitcoin once you get familiar with the trading platform and partners. Marketplace trading offers the ability to remain anonymous but verification may be required.
Use a Bitcoin ATM
Exchange your bitcoin for cash at a Bitcoin ATM. ATMs are mainly located in major cities across the US. You can find a map outlining Bitcoin ATM machines here: coinatmradar.com. Not all Bitcoin ATMs can be used to SELL Bitcoin, some can only be used to BUY Bitcoin. Verification may be required.
Visit these links for more ways to spend your Bitcoin: www.spendbitcoins.com
If you have any questions please contact our 24hour support team.
If you are using another way to sell your bitcoin and are happy with your methods, we would appreciate your feedback!