How to use Bitcoin as a deposit method
With the increase of cryptocurrency and blockchain, players can now use Bitcoin as one of the deposit methods. They can deposit their money into a digital account to purchase tickets for online lotteries using Bitcoin.
Wallets
The first thing to do is to set up a wallet. For depositing Bitcoin go to the lottery site online and use the “deposit using Bitcoin” option. You can make the deposit by entering the amount and continuing to the payment confirmation page. Then enter the required details and confirm the payment.
There is no direct way to connect your Bitcoins to a bank account even with a wallet. However, there are services that will connect your account to a wallet with an ATM card. For those who do not want to wait for an ATM card, they can also log into the account of the service provider from any computer and deposit funds with the bank transfer option.
ATMs, exchanges and P2P
It is possible to deposit Bitcoin using ATMs, exchanges and peer-to-peer transactions. The most popular form of deposit is through Bitcoin exchanges. When you're depositing Bitcoin on a lottery site online through an exchange you will need to send them from your wallet to the exchange and then convert them into USD or Euros.
You must deposit Bitcoins into your account which will then be used to purchase tickets.
Using mobiles
If you would like to make a deposit with your mobile phone, you can use an app to set up your account. After you sign up and verify your account, you will need to connect your bank account or credit card with information to buy bitcoin. Then you can use your app account to deposit Bitcoin.
