Cryptocurrency FAQs

(If Yes) You can use your cryptocurrency to get casino funds to play in just minutes using our new Bitline.io blockchain transaction service. You can use Bitcoin (BTC), Ethereum (ETH), Tether (USDT), or Circle (USDC) using Bitline.io. Simply sign up at the Bitline.io website and you will be able to transfer any of these above cryptocurrencies to a digital wallet that will allow you to create your transaction and receive your playing funds in just minutes.

(If No) Bitline.io is a service that allows you to use cryptocurrency to get playing funds at Choctaw Casino & Resort–Durant. Please see Bitline.io for more information about this new and convenient transaction service.

When you create a Bitline.io account, you are actually establishing a personal cryptocurrency wallet on the Bitline.io platform that will be used to create transactions at Choctaw Casino & Resort–Durant. When you transfer cryptocurrency to your Bitline account, your digital currency is held in your personal wallet on a secure and encrypted platform. You always have full control to transfer your funds to and from your Bitline wallet and create transactions for playing funds at our casino at any time you desire.

When you create a transaction with our casino, you are establishing a wallet-to-wallet transaction from your Bitline.io personal wallet to a Bitline.io corporate wallet that will manage the playing funds transaction while in use at our property. Once you are issued casino funds by one of our cashiers, the Bitline.io corporate wallet will securely lock the total value of the transaction you created. Your cryptocurrency assets remain secured in the Bitline.io corporate wallet until you request to close your active casino transaction.

Once you have created a transaction and it has been approved, you will be issued a secure QR code to your Bitline.io account. You will then need to go to a casino cashier at our location and present that QR code for them to scan. The casino cashier will verify your identity and issue your voucher there immediately at the casino cage.

Your Bitline.io transactions can be closed in a couple of ways:

• You can simply close the transaction on your own by selecting the unlock transaction function in the Bitline.io App. This will allow you to pay the amount of casino funds you received either by using your cryptocurrency assets or by any other payment method available to you in the Bitline app.
• For each transaction that you create, there is a 30-day maximum timeframe for that transaction to be closed. If you do not close a transaction by initiating a payment via the Bitline.io website, then your transaction will automatically close at the end of the aforementioned 30-day period initiated at the creation for that specific transaction.

Cryptocurrencies can fluctuate in value. One of the great features of Bitline.io is that the value of the cryptocurrency you used to create transactions stays with you as the owner of that currency. Your transaction value is locked in place at the USD value at the time you create any transaction, and the corresponding amount of casino funds will be issued to you according to that specific value. If the cryptocurrency that you used to create an active transaction either increases or decreases in value, you will receive notifications regarding the value “up” or “down” of the cryptocurrency you applied to create that transaction. The cryptocurrency you used is not actually sold until you decide when and how to close your transaction. You may also select to close your Bitline.io transaction with a FIAT payment method maintaining your cryptocurrency balance intact. If the value of your cryptocurrency used to create your transaction has dropped to the value of the created transaction, you will be prompted to add additional funds to keep the corresponding value of the transaction created intact.

The process to create a transfer with Bitline.io is very simple and straightforward. However, we do have to wait for the Bitcoin, Ethereum, or Stablecoin networks Circle and Tether to complete every transaction. The Bitcoin and Ethereum networks can slow down at times depending on the entire blockchain network demand. Once the transaction has confirmed, the funds will be immediately delivered to your Bitline wallet without delay. Bitline does provide an estimated time frame for the blockchain networks to complete your wallet funding process based on current average blockchain network speeds.