Online Casinos in Argentina Offering Bitcoin
While online gambling is not recognized on a federal level, many Argentinian states have regulated it. The best part is, that most of these states have embraced crypto, too, so if a player from any of them, you can use Bitcoin whenever you want across online casinos. The world's first cryptocurrency is at your disposal across a great number of online casinos that cater to Argentinian players, so whenever you wish to give it a try, just explore a few sites and you'll find a proper one to join. If you're interested in knowing more about cryptocurrency regulation in the country, as well as the status of Bitcoin across the online gambling sites that cater to Argentinian players, stay with us. Why decide to use Bitcoin to make deposits and withdrawals with across Argentinian online casinos?
The Legality of Cryptocurrency in Argentina
Given the financial situation in Argentina, with all the inflation and financial crisis the country has experienced throughout the years, you should not be surprised to learn that it is, indeed, a crypto-friendly country. Argentina is embracing it, and users make sure to incorporate cryptocurrency in their everyday lives for many reasons, the main being to protect against inflation and go around prohibitions on foreign currency money transfers outside the country’s borders.
The Central Bank is the only authority authorized to issue legal currency in the country, and in line with the Argentine Civil and Commercial Code, digital currencies are not legal currency, since they are not a mandatory means of canceling obligations or debts, and are not issued by the government monetary authority. That is the main reason why the country became an early adopter of digital currencies, and made sure to introduce regulations in the area of anti-money laundering and taxation, even though crypto is not a legal tender.
And while the country does not regulate online gambling on a federal level, if you’re lucky to be an online casino player who is a citizen of a state with legal online gambling, you’re in for a real treat. Across sites that cater to players from these states, you will find a great number of online casinos that offer cryptocurrencies as payment methods. The industry debuted in Córdoba as soon as the elections were over in 2023, but you also have Buenos Aries, Rio Negro, Santa Fe, and San Luis as some of the states that offer legal online gambling. The best part is, that cryptocurrency gambling is huge across these states, so whenever you wish to engage in one, you are free to do so.
Bitcoin being the world’s first and still most successful digital currency, even though hundreds of others have appeared after its launch, is among Argentinian’s first choices when it comes to selecting a crypto to use for their online casino deposits and withdrawals. So, make sure you stick with us as in the following section, we’ll tell you exactly the steps you need to take to get started with it and start using your BTCs to fund your online casino account and cash out winnings from it.
How to Use Bitcoin at an Online Casino?
Given the fact Argentina has embraced crypto and introduced proper regulations for it, as an online casino player from the country you don’t have to worry about doing something illegal when trying to use Bitcoin for your deposits and withdrawals. The only thing you need to focus on is to find a nice online casino to join that accepts cryptocurrencies and that would be it.
Now, before you start looking for casinos to join, you better first get started with Bitcoin. Nowadays, things have changed when it comes to getting some coins, as you don’t necessarily need to mine for them, but you can purchase them with fiat currency. The Argentinian peso would do, as long as you join a crypto exchange platform that accepts your local currency. That’s the first step you need to take, find a nice exchange to register an account with. ByBit and OKX are great options but feel free to explore others. After you register your account, you will need to add a payment method to fund it with fiat currency. Bank-issued cards are always an option, but depending on the exchange you go with, you will get different alternative solutions like prepaid cards and eWallets to use, even link crypto wallets if you already have, to purchase your coins. From there, just select how many BTCs you would want to purchase and complete the transaction in fiat or other digital currencies.
You can keep your coins there, on the exchange account, or move them to a crypto wallet. The latter is more convenient, as it would be easier for you to use your cryptos via a crypto wallet when you wish to make deposits and withdrawals at an online casino. Select a safe crypto wallet, create an account with it, and get your addresses/keys to successfully transfer your coins from the exchange to the wallet account. Keep in mind, though, that the coins you purchased and stored won’t always have the same value, as Bitcoin’s value can start falling today and rise tomorrow, as it fluctuates at a regular basis.
Once you’ve successfully purchased and stored your coins, you can start using them across online casinos. This is when you need to look for casinos that accept Argentinian players and offer Bitcoin. You will come across hundreds of such sites, so expect to find the perfect one for you to join in no time. Again, register an account with the casino, and to fund the account with Bitcoin, go through the following steps:
- Access your registered player account and head over to the Banking page.
- Find Bitcoin’s logo on the list of Deposit Methods and select it.
- In the pop-up, copy the online casino’s wallet address.
- Enter your crypto wallet, specify how much you wish to deposit, and paste the casino's wallet address.
- Confirm the transaction and in an instant, the BTCs will reach your balance.
When it comes to withdrawals, you should know that Bitcoin is among the first choices of many Argentinian players. Withdrawals with it, just like deposits, are instant and requested in pretty much the same way. You will need to copy your wallet address and paste it into the designated field in the pop-up after selecting the amount you wish to withdraw, and send your request. The operator will quickly review it and hopefully approve it, and once that happens, the coins will arrive in your crypto wallet in an instant.
The Best 3 Payment Methods that Offer Bitcoin Across Argentinian Online Casinos
You now know how effortless it is nowadays to get started with Bitcoin. But did you know that there’s another way to do it? Given its popularity on the financial scene, it is no wonder many payment method providers have decided to integrate with exchange platforms and offer Bitcoin on the spot to their users. That’s right, through some alternative payment methods like eWallets, you can easily purchase BTCs with fiat currencies and perform the exchange in-app. The following are actually some of the best alternative payment methods you could use to make the fiat-to-crypto exchange instantly:
- PayPal – PayPal is one of the world’s most popular eWallets, that appeared back in 1998 and has managed to get an unrivaled user pool. Using your PayPal account, you can use your Argentinian pesos to purchase as many BTCs as you wish, within seconds. Add to that the fact that the eWallet is offered across every second if not every single online casino that caters to Argentinian players, and there you have it, the recipe for successful crypto gambling.
- MoneyGram – MoneyGram is one of the most worldwide known money transfer services, with an amazing footprint in Argentina. It has been around for ages, going from strength to strength, but as soon as it launched the in-app functionality that started allowing users to receive and send cryptocurrencies, it became an even bigger hit with users. Thanks to this functionality, today, you can easily install its app and in just a few taps on your smartphone, you can make the most seamless BTC deposits and withdrawals across hundreds of casinos that accept MoneyGram.
- Skrill – Quite similarly to PayPal, Skrill is a well-known eWallet, launched over 20 years ago by one of the world’s most powerful financial companies, Paysafe. It is incredibly popular among Argentinian online casino players for many reasons, one of them being the fact that with it, you can purchase digital currencies and use your BTCs immediately for your deposits and withdrawals. The best part is, that Skrill is one of the most widely-accepted payment methods across online casinos, so you'll surely get hundreds to explore and join in order to use it and seamlessly transact with crypto with it.
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FAQs
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