MGM Grand Market - Bitcoin Guide

If you are new to cryptocurrencies, don't worry. MGM Grand Market accepts the world's most popular cryptocurrency, bitcoin. This means that you can make payments without revealing your identity through fiat currency or any other means.

To mine and use Bitcoin, you only need a smartphone or a system running Windows, Mac or Linux. If you're reading this article, you probably already have one of these. Additionally, you will need funds to buy Bitcoin using fiat currency, such as a bank account or debit/credit card. Rest assured, buying Bitcoin is completely legal and your purchase intentions will remain private.

Stages of purchasing Bitcoin

To download a bitcoin wallet, we recommend using Electrum Wallet. Other alternatives, such as Exodus Wallet, also have easy-to-use interfaces and are available for almost all types of devices.
Install and setup your wallet.
To begin, open an account with a reputable cryptocurrency exchange like Binance, Coinbase, Kraken or Nexo.
To complete the registration, please provide the necessary KYC documents.
Purchase Bitcoins using methods such as credit/debit card, bank transfer, or PayPal.
To protect your anonymity, send the bitcoin to an external wallet that you have set up, such as Electrum, before conducting any transactions on the market.
Access your account and navigate to the wallet section.

Depositing in the market

To deposit funds into your marketplace account, simply copy and paste the wallet address into the selected software and send the desired amount of bitcoins. We recommend sending a few percent extra to cover possible changes in the cryptocurrency's price, as it can be quite volatile. You don't want to be left with a few cents less than you intended.

To ensure funds are available for spending, three confirmations are required, which may take up to 45 minutes. It is recommended to use a high transaction fee. If you encounter any issues sending funds from the exchange, you can refer to Electrum Wallet or watch a tutorial on YouTube. For further assistance, please submit a support ticket on the marketplace.

Now that you have become proficient in using Bitcoin, withdrawing excess funds or refunds is a simple process. Just follow the instructions provided in the wallet area.