Research has shown that the customers in an online casino usually deposit and cash out in the payment currency they use in their everyday life. For instance, the players from Germany pay in euro, those from the States rely on the USD, while the British people deposit money in pounds. All of these make the companies to introduce more currencies especially if they try to attract more customers from different regions of the world.
The conventional currencies or the fiat money are payment means that are provided and managed by the state authorities. Those we have mentioned above are types of fiat money – the British pound, euro, the American dollar. The internet casinos also add the Canadian and the Australian dollar, as well as the Swiss franc, the Russian ruble, the Danish krone, while all the alternatives depend on the territory where the brand operates.
The selection for a concrete currency is made during the registration process in the casino. You should make the right call as some platforms don’t provide a further chance to switch to another currency. You need to choose a currency that is the same currency of your bank account or that is used in your e-wallet account.
It is unlikely for you to have missed the significant invasion of cryptocurrencies. Bitcoin has hit a new breakthrough recently, and this is why it has become more and more popular these days. If you have BTC or other digital currency, you can deposit it in the crypto casinos.
In our database, we have added the platforms that accept payments through cryptocurrencies. The main allowed types are Bitcoin, Dash, Monero, Ethereum, Litecoin, Bitcoin Cash and Ripple. The reasons why crypto payments have become more and more used are the following: fastness and anonymity. You don’t have to provide any bank account details, e-mail addresses or telephone numbers, while to fund your account, you just need a key to your Bitcoin wallet.
Depositing with cryptocurrencies in online casinos is performed within up to 10 minutes, and it is possible for you to be charged with a 1% tax fee. Sometimes, the amount is exchanged to a conventional currency according to the current exchange rate, but this is all up to the operator’s terms and conditions.