Setting up a Bitcoin account can be kind of a hassle but once you get it going its actually pretty easy. Using a digital currency exchange or broker like Coinbase makes it easy to get started with Bitcoin.

Step 1: Create a wallet. Using a third party like Coinbase will provide you with a wallet when you sign up.

Step 2: Download app or go to website to setup account.

Step 3: Log in and verify your credentials with the exchange. Deposit money from a linked bank account or using ATM card.

Step 4: Buy Bitcoin – Go to buy bitcoin section and enter amount you want to buy. Bitcoin is divided into up to eight decimals to show the percentage of bitcoin that you own.

Step 5: Send Bitcoin – Go your Sportbook site and select deposit Bitcoin. This will generate an address for your bitcoin wallet. Go back to your exchange, go to your wallet then enter the address and the amount you want to send.

There are some exchange fees when you deposit and miner fees when you send out bitcoin. This aren’t too bad they are basically like ATM fees.

Over 72% of the clients who convert to bitcoin for the first time, end up using bitcoin longterm.

Using a new currency can be strange at first and create some uncertainty. However, bitcoin has proved to be a trustworthy source of funds and is easier than dealing with a bank for every online transaction.