How to Start Playing Poker with Bitcoin
Online poker is booming again. With so many people leaving the brick-and-mortar world behind, Ignition Poker is busier than ever – thanks in no small part to Bitcoin. We were one of the first online rooms to offer Bitcoin poker; that expertise is one of just several reasons you should use cryptocurrency to play at Ignition. Our latest Bitcoin guide will show you how easy it is.
How to Play Texas Hold’em with Bitcoin
It’s been almost 20 years since the last poker boom, and a lot of things have changed since then, but one thing remains constant: Texas Hold’em is the most popular poker game on the planet. You can also play Omaha and Omaha Hi/Lo at Ignition Poker – and you should, no matter what aspect of poker brings you to the tables. But if you’re relatively new to the Beautiful Game, Hold’em (especially No-Limit Hold’em) is probably what got you interested in the first place.
Using crypto to play Texas Hold’em at Ignition Poker is a breeze, even if you’re still asking yourself, “What is Bitcoin, anyway?” Standard currencies are still welcome, of course, but using Bitcoin will allow you to make deposits and withdrawals much more quickly and smoothly. Start by downloading a digital wallet app, preferably onto your smartphone (assuming it’s new enough to read QR codes), then open an account at a registered Bitcoin exchange. These are the tools you’ll use to move funds from your bank account to your Ignition Poker account, and back again.
How to Play Online Poker Tournaments with Bitcoin
Tournaments are what started the first online poker boom, and they’re increasingly popular among today’s first-time players. Even more experienced players are gravitating toward the tournament tables – and no wonder, since you can play up to 15 tournies at the same time when you play at Ignition Poker. If you’re going to play that many tables, you’ll need a lot of buy-ins, so you’ll definitely want to use crypto to move all that money around as quickly and efficiently as possible.
How to Play Poker Cash Games with Bitcoin
Bitcoin poker (aka BTC poker or mBTC poker) is still the best way to do business if you’re a dedicated cash player. The higher the stakes, the more money you’ll need to handle, and Ignition Poker features stakes of up to $10/$20 for No-Limit games, or $30/$60 for Fixed-Limit. That means you can have thousands of dollars on the table in just one hand. Using Bitcoin will help you avoid paying those extra deposit and withdrawal fees on all that money.
How to Withdraw Poker Winnings with Bitcoin
Figuring out how to deposit Bitcoin and how to withdraw is a piece of cake. The cryptocurrency you’ll be using (Ignition Poker accepts both Bitcoin and Bitcoin Cash) lives on the internet, inside an open-source program known as the blockchain – the public ledger where all crypto transactions are recorded. Your digital wallet generates two pieces of code known as keys: one public key, which allows you to receive money, and one private key, which allows you to send money.
When it’s time to deposit some Bitcoin at Ignition Poker, use your digital wallet to send funds from your bank account to the Bitcoin exchange. Then convert those funds to Bitcoin, and use your wallet to make your deposit with Ignition. Want to make a withdrawal? Simply do the reverse, using your wallet to send funds from your Ignition account to the Bitcoin exchange, and from there into your bank account. If only regular banking were this easy.
But what happens when you’re at the tables – do you have to figure out how many satoshis you have in your stack? Not a problem; once your funds have arrived at Ignition Poker, we’ll automatically convert them to US dollars and put them in your account, so you can play all the same games just as you would with standard currency. When it’s time to withdraw, we’ll convert your funds to Bitcoin so you can make your crypto transaction.
That’s how easy it is to use Bitcoin to play at Ignition Poker. We have plenty more information waiting for you in our FAQ and Help guides, as well as the other chapters in our Bitcoin guide, so give them a read and put that knowledge to good use on the virtual felt.