CoinsPaid Casino Online
Since cryptocurrencies are gaining popularity these days, online casinos have started accepting them as a payment method for depositing and other transactions. But it means that gamers should find online crypto wallets to use for payments, and this turns out to be a challenging task!
Today, one can learn more about one of the most trusted online wallets that use cryptocurrencies. It’s called CoinsPaid. Learn what it is exactly, how it works, and what perks it can offer to users. Also, there will be some helpful information on depositing and withdrawals with it.
What Is CoinsPaid?
CoinsPaid is an online wallet that uses cryptocurrencies. The CoinsPaid wallet can work with more than thirty altcoins, including Dogecoin, Litecoin, Ethereum, Bitcoin, and more! It also enables gamblers to store more than twenty different fiat currencies, including INR, USD, EUR, CAD, GBP, JPY, and AUD.
There is also a convenient option of exchanging cryptocurrency for fiat and fiat for crypto. This wallet allows users to make online and offline payments, and soon, it will even be possible to withdraw cash from one’s crypto accounts with its help! One can access CoinsPaid either from a desktop or smartphone browser.
Pros and Cons
Before using any online payment method or app, it’s good to know what pros and cons it has to be aware of its specifics.
What’s good about the CoinsPaid method?
- Built-in crypto exchange
- Supports major cryptocurrencies
- No payment fees
- Allows recurring payments
What’s not so good about using CoinsPaid?
- It is available not in all countries
- To lift the limits, the account should be verified
In some online casinos, it’s allowed to use CoinsPaid to deposit and withdraw. If a gambler is going to deposit cryptocurrencies, the following steps should be taken:
- Register an account at a CoinsPaid casino
- Go to the cashier section
- Select the cryptocurrency used
- Choose either a QR code to scan or an address key linked to the casino account to deposit
- Please make the payment and confirm it
Withdrawals with CoinsPaid
Casinos that accept CoinsPaid will also allow withdrawals. To do this, the unique CoinsPaid address will be needed. The withdrawal process itself will not take long, only a few minutes. But to allow the casino to process the request, anywhere from a few hours to a few business days might be needed, so be ready to wait.
There are usually no fees charged for payments when using CoinsPaid. However, it doesn’t mean that a specific casino can’t charge its fee! This is why remember to read the Terms and Conditions section carefully.
To summarize everything said above, CoinsPaid is a reasonable payment solution that features a digital wallet. It allows one to store and make payments of fiat currencies and cryptocurrencies when gambling online. Payments are swift and mostly charge no fees. Besides, this wallet supports the most popular cryptocurrencies! These features make this payment method very widespread among players who use cryptocurrencies like Bitcoin (BTC), Ethereum, Dogecoin (DOGE), Litecoin (LTC), and others.
Is it legal to use cryptocurrencies when gambling online?
There are no jurisdictions which have banned the use of cryptocurrencies. However, some may have some legal restrictions in place.
How long does it take to deposit with CoinsPaid?
Depositing with CoinsPaid takes as little as a few minutes. You’ll then be able to play for real money.
Is this wallet safe?
Yes, CoinsPaid is a trustworthy crypto wallet. It’s operated by Dream Finance OU, which is licensed and regulated in Estonia.
Are there any bonuses that go with CoinsPaid?
Most online casinos offer bonuses to new and existing players when they make a CoinsPaid deposit.