Can I use Bitcoin to play the Mega Vault Millionaire jackpot slot?
While for many of us, we still like to use more traditional forms of payment, such as credit cards or debit cards, or perhaps eWallet services like PayPal, for the emerging generation of casino players and progressive jackpot lovers, crypto is certainly the way to go.
There are lots of reasons why people are starting to move towards cryptocurrency as their payment method of choice online. Firstly and perhaps most importantly, it is the most secure form of payment method available online today, with each transaction essentially anonymous containing no personal data about the user. This level of security, and the fact that there are a now a number of different cryptocurrency options available, not just Bitcoin, means that not only is it often safer to play via bitcoin, but the number of sites accepting crypto as a form of payment is increasing.
However, not very many online casinos accept cryptocurrency and there are some valid reasons for this. Firstly, it can be something of an arduous task to offer cryptocurrency on your platform. Some sites may require a great deal of reworking for this to be the case. Secondly, crypto is still a very volatile currency. Your $7,000 worth of cryptocurrency may be worth $9,000 tomorrow, but equally it could also be worth $5,000. This volatility has put off a lot of people who otherwise would have been interested in investing in it.
At the present moment in time, none of the Casino Rewards network casinos, the sole home of the brand new and exciting Mega Vault Millionaire slot, which is linked to the Mega Moolah progressive jackpot network, accept Bitcoin or cryptocurrency as a form of payment. So does that mean that you can't use your crypto to play the new Mega Vault Millionaire slot?
It may appear so, but there is actually a way you can do this legitimately.
Play Mega Vault Millionaire Using Bitcoin!
We have already made it clear that Casino Rewards casinos don't take Bitcoin as a form of payment, or indeed any of the other cryptocurrencies available, so with that being the case, how can you play the Mega Vault Millioinaire game via bitcoin?
The answer is fiendishly simple. You use a third-party payment provider that accept deposits via bitcoin, but which will then allow you to convert that bitcoin deposit into a payment method that the Casino Rewards casinos will accept.
Fortunately, there are three such sites that offer this service, Skrill, UPayCard and Neteller.
How to use Bitcoin on Skrill
On Skrill, you can buy cryptocurrency using a hundred different payment methods and using this process, you can convert your currency into bitcoin, bitcoin cash, Litecoin or a wide number of other cryptocurrencies in use on the Internet today.
Your Bitcoin balance is then kept separate to your standard balance on Skrill and if you are paying for an item using Bitcoin with a provider that accepts this form of currency, then the transfer will take place directly from the bitcoin account.
However, if you want to make a payment from your bitcoin account to a company that does not accept bitcoin, such as a Casino Rewards casino for example, then what happens is that when the transaction is actioned, the amount of money in bitcoin that covers the cost of your purchase (or in this case, a deposit) is exchanged for a currency that is used on the site.
This money is then transferred into your balance at the Casino Rewards casino and you can then play the exciting new Mega Vault Millionaire game, plus a whole host of other games, at the casino using your bitcoin balance.
The process is very similar when using UPayCard and Neteller services too.
Will I be paid out in Bitcoin?
If you win a decent amount of money playing the Mega Vault Millionaire slot, which is a possibility given that it is tied to the Mega Moolah progressive jackpot prize, which offers a guaranteed to prize of at least a million and often considerably more, the question then we have to ask, is how you would be paid out.
The thing to remember here is that from the perspective of the Casino Rewards network establishment where you are playing, you have not played in Bitcoin. Sure, your deposit was exchanged from bitcoin into another currency, but from the casino's perspective, it is the other currency in which you deposited.
This means that whatever currency you played the Mega Vault Millionaire game with, will be the currency that you receive any jackpot win, or indeed any win on the slot.
That remains the case right the way through to having the ability to withdraw your money. When you withdraw your money you can pay it back into your Skrill account, provided it qualifies for a withdrawal (that is, meets the minimum amount required for a withdrawal).
Once your funds have been transferred back to your Skrill account, then you can decide to use the funds to purchase more bitcoin or other cryptocurrency if you wish, or you can withdraw the funds to your bank account.
One important thing to note about withdrawing any funds from your Casino Rewards network account is that you must ensure that you have met any wagering requirements in play for any offers you have taken on the site. It is only when wagering requirements have been met that any cash is freely withdrawable.
You may be able to withdraw other cash during an offer, but if you do then any bonus cash attributable to it will be forfeited and this can be a significant chunk of the cash available to you.
So if, you want to try the new Mega Vault Millionaire slot, then depending on where you live in the world and what payment options are available to you, you can use services like Skrill, UPayCard and Neteller to play using bitcoin, although when you play the game on site, you will play using a standard currency.
Byline: Articles published by Mega Moolah expert Henry. Contact us.
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