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How to buy and sell Bitcoins (BTC) with the help of Skrill, Neteller, Webmoney and PayPal

Every day Bitcoin takes up more stable positions on the market of online payments and popular currencies. Along with that, many online casinos, poker rooms, forex exchanges and book-makers switch — partially or fully — to using the crypto-currency. It is convenient, fast, and it lifts restrictions of the access to gambling sites for the players of those countries where gambling is prohibited by the local regulations. And what is more important — it lets you withdraw your funds within minutes!

Using the crypto-currency for free access is the most probable future for online gambling. Hence, we offer our players to create a reliable Bitcoin wallet and learn to safely buy and sell BTC with the help of familiar payment methods: Skrill, Neteller, Webmoney and PayPal.

What is a 'Bitcoin'? The Lurkmore has it this way:

 

Bitcoin — is a kind of torrents that let you directly exchange such funny money instead of files, free and with no middlemen involved. You can sell this funny money for real money. It is a kind of true Internet funny money that lie fully in the Net, available for everyone and no one can control them.

 

STEP 1. Creating a Bitcoin wallet

So, to start using BTC we recommend a simple and handy service — Local Bitcoins — that lets you create a BTC wallet and start selling and buying Bitcoins through the inner exchange using Skrill, Neteller, PayPal, Webmoney, Perfect Money, wire transfer and other methods of payment.

  • Go to the wallet page https://localbitcoins.com/ru/.
  • Press "Register" in the upper right corner. 
  • Create an account and confirm it by following the link that you receive in your E-mail.
  • Now using the link https://localbitcoins.com/accounts/wallet/ you can administer your Bitcoins through the interface that is similar to Skrill or Neteller.
  • To get Bitcoins, copy the Bitcoin address of your wallet in the right part of the screen and save it. This sequence is the number of your wallet. You can give to other users from whom you await the transaction, just like you use your E-mail to get Skrill or Neteller money.

  • To send Bitcoins, enter the recipient address, the amount in BTC (1 BTC = 1,000 mBTC) and press "Send".

That is all, congratulations! You now know how to use Bitcoins and have made a sure step towards the technologies of the future! ;)

STEP 2. Buying Bitcoins

Buying BTC is carried out through the inner exchange directly from the sellers. Below is the information on how to buy coins fast and safe.

  • Go to the main page and enter the amount of Bitcoins that you want to buy in your currency in the orange field, then enter your location and a method of payment. If you are not sure about the method of payment, choose an "All online offers" option. The site will show you the list of Bitcoin traders available for your region.

  • From the list of offers choose one from a trader with good reputation and a big number of deals. The online indicator shows whether this trader is online now (green), inactive (yellow), or offline (gray). You can press the "Buy" button to learn the details of the offer.

  • After pressing the "Buy" button you will see the details of the offer including the conditions of the deal. Read them carefully before sending the request for the deal. If you do not agree with the conditions, you can return to the previous page and choose another offer. 
    To start the deal, enter the amount you want to buy in the blue field, enter a message for the seller and press the "Send" button. Be ready to pay after you press this button. If you do not make the payment before the window of payment closes, the deal will be automatically canceled.

  • After making the payment, press the "Mark payment complete" button. When the trader receives the payment, he will send your Bitcoins from the deposit account, and they will be instantly credited to your LocalBitcoins wallet. 

Congratulations on your first deal with Bitcoins!

STEP 3. Selling Bitcoins

  • Go to the main page and check the "I want to sell bitcoins" option in the orange field. Enter the amount you would like to sell in your currency, then enter your location and a method of payment. If you are not sure about the way you would like to get paid, choose an "All online offers" option as your method of payment. After that the site will show you all available offers of Bitcoins.
  • Note on the methods of payment: transactions with Bitcoins are irreversible. You cannot return Bitcoins after you send them. Most of other payment methods can be canceled. That is why we recommend you to make deals with experienced users that have a big number of deals and 100% feedback. Read more about the levels of risk.

  • From the list of offers choose one from a trader with good reputation and a big number of deals. The online indicator shows whether this trader is online now (green), inactive (yellow), or offline (gray). You can press the "Buy" button to learn the details of the offer.

  • After pressing the "Sell" button you will see the details of the offer including the conditions of the deal. Read them carefully before sending the request for the deal. If you do not agree with the conditions, you can return to the previous page and choose another offer. 
    To start the deal, enter the amount you want to buy in the blue field, enter a message for the buyer and press the "Send" button. 

  • As soon as you enter into the deal, your Bitcoins will be transferred from your wallet to the deposit account of the deal.
  • After you send the request for the deal, the buyer will ask you for payment details (for example, if you want to get paid by the wire transfer, the buyer will ask you for your bank account details). After receiving the payment details, the buyer will pay for Bitcoins and send you the confirmation of the payment. Please make sure you have received the money before sending Bitcoins. NEVER send Bitcoins before you receive the payment. Transactions with Bitcoins are irreversible: you cannot return them after having sent them to the buyer. After making sure that you have received the money, go to the bottom of the page and choose the "Send" option. Thus you will send Bitcoins from the deposit account to the buyer and finish the deal.

Now, having Bitcoins and knowing how to sell them, you can start playing at any poker site that accepts Bitcoins as a deposit, for example Betcoin Poker, SwC Poker, NitrogenSports.

We hope this manual is useful to you. We wish you sweet line-ups, short waiting lists and high winrates!

Rodion Longa, head of WPD

Descriptions of the poker sites that accept Bitcoins:

 

 

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