CoinsPaid is one of the more commonly found payment options at cryptocurrency-friendly betting sites. What helps CoinsPaid stand out from its counterparts is that it also permits FIAT currency transactions. Naturally, this makes it incredibly valued amongst those sites that cater to both markets. Which are these casinos, and why might you fancy using CoinsPaid to deposit and withdraw at online casinos? It is time to find out.
Top CoinsPaid Casino list:
Restricted: Australia, Afghanistan, Belgium, Curaçao, France, Italy, Iraq, Iran, Latvia, Malta, North Korea, Saudi Arabia, Sweden, Ukraine, United Kingdom, United States.
Restricted: United States of America, Greece, United Kingdom, Jersey, Gibraltar, Spain, France, Netherlands, Sweden, Israel, Lithuania, Slovakia, Belgium, Switzerland, Dutch West Indies, Curacao
CoinsPaid is a Bitcoin payment processing gateway but also a general cryptocurrency wallet. It typically accepts payments made using Bitcoin, Ethereum, USDT (Tether) and a plethora of alternative altcoins and cryptocurrencies. Like many similar services, it allows you to receive, send, store, exchange and pay using various cryptocurrencies in a secure, regulated and audited crypto wallet.
The winner of several EGR and SBC awards, CoinsPaid processed over €5.6 billion in 2021, spanning 9 million transactions. Over 800 businesses – including no shortage of online casinos – use their service. CoinsPaid has continued to grow year on year since its debut in 2014.
Why Choose to Play at CoinsPaid Casinos?
With so many alternative cryptocurrency payment providers involved at online casinos, you might wonder why you should choose this one? This payment gateway is cost-effective; it has an exchange desk and utilises a “hot wallet system”.
The cryptocurrency platform is notable for its speedy transaction times and its ability to allow you to seamlessly switch between cryptocurrencies. Conversion to and from FIAT currencies is another major selling point.
Online casinos that support CoinsPaid transactions are notable for their flexibility. By supporting CoinsPaid payment methods, the betting site can accept far more cryptocurrencies and FIAT options than it would if it had to accept a different payment provider for each. CoinsPaid is also compatible with dedicated mobile casino apps, so there are no grumbles from that quarter either.
CoinsPaid Casino Bonuses
CoinsPaid is a popular option with cryptocurrency casinos and part-FIAT, part-crypto sites alike. It is not surprising to see many of these sites offer welcome bonuses. This is where a payment option such as CoinsPaid comes in very handy. By allowing you to deposit with FIAT and cryptocurrency options, you can claim whatever bonus is available at your casino. After all, even the best crypto betting sometimes still offers FIAT options.
By choosing to use CoinsPaid, you can avoid losing a small part of your deposit when it is converted to whatever currency the bonus can be claimed in. Aside from CoinsPaid welcome bonuses, you can also claim further deals. Re-deposit offers, free spin bonuses and monthly specials are typically claimable using CoinsPaid as your preferred payment method.
CoinsPaid As a Casino Banking Option
CoinsPaid supports transactions in over twenty FIAT currencies and thirty cryptocurrencies. This gives you ample options to deposit with. Moreover, because you can use CoinsPaid to deposit using various currencies, you won’t be charged conversion rates at your chosen casino.
The payment platform will typically charge you a flat processing fee on your transaction. It is below 1% of the value of said transaction. However, transactions between CoinsPaid users (such as a casino and a player) are usually free. Online casinos won’t typically charge you a fee for depositing into your account. A handful of CoinsPaid casinos have been known to try and charge a withdrawal fee, but for the most part, this won’t be the case.
You can use CoinsPaid to deposit and withdraw funds at online casinos. Deposits are always processed instantly, but some casinos can take up to 48 hours to clear your withdrawals with CoinsPaid. The transaction limits involved will vary from casino to casino. You can check these in advance by visiting the casino’s banking page or by getting in touch with their customer support team.
How to Deposit at a CoinsPaid Casino
Depositing at a CoinsPaid casino first requires you to have a CoinsPaid account. Using your e-mail address, you sign up for free at CoinsPaid. You’ll need to verify your e-mail, download the iOS or Android app, and complete the two-step authentication process. After this, you can provide proof of identity (like you would with a casino’s KYC step). Lastly, CoinsPaid will verify all this and then take you to their lobby, where you can buy or sell cryptocurrencies.
You’ll receive an address book where you can store the keys to your wallets. Now you can use your FIAT options (or other cryptocurrencies) to purchase digital currency options. After doing so, they will be uploaded to your wallet, and you can access them through your CoinsPaid account.
Once you’re up and running, depositing at a CoinsPaid casino isn’t much different than if you were to play at any other site. Select CoinsPaid as your preferred payment option on the banking page. Then copy the casino’s wallet address to your CoinsPaid account. This will then see you able to process the transaction in seconds. Alternatively, you can often use a QR code to process CoinsPaid payments this way.
Withdrawing Winnings from CoinsPaid Casino Sites
Withdrawing via CoinsPaid at casinos is largely the same process as depositing. This time, you’ll enter your wallet address into the rea provided, and the casino will process the transaction. Unlike deposits (which are near-enough instantaneous), a CoinsPaid casino will typically take between a few hours and two days to process the transaction. Your VIP status may determine the cashout limits in play and the transaction times when withdrawing via CoinsPaid.
Play at Top CoinsPaid Casinos Today
CoinsPaid casinos are hugely advantageous on account of their ability to allow you flexibly switch between currencies as you see fit. As CoinsPaid appears at many top sites, you’ll have an array of options to choose from, too. Even so, we’d recommend that you start by exploring some of our recommended CoinsPaid betting sites. Each has been verified and certified as fair and amongst the most trusted sites around.
Online Casino Pakistan & Bitcoin & Crypto Casinos
Cryptocurrency Casinos in Pakistan As you might imagine, betting on any form of gambling game…
Online Casino India & Bitcoin & Crypto Casinos
Cryptocurrency Casinos in India Cryptocurrencies are widespread throughout both the real world and the online…
Casinos That Accept VPN Players
Casinos That Accept VPN Players There’s no shortage of top casinos out there for you…
If you’ve played at casinos for any length of time, we’re relatively sure that you’ll…
MoonPay is not a payment provider that you may be familiar with. That’s okay –…
If you play at casinos regularly, you will undoubtedly have come across MiFinity before. This…