How to Play at Crypto Casinos Using Debit and Credit Cards
In addition to making deposits using cryptocurrencies such as Bitcoin, Ethereum, and more, most online crypto casinos also facilitate deposits via Debit and Credit cards. You can essentially start playing your favorite blackjack, slots, and table games at crypto casinos without the need of having a crypto exchange account or a crypto wallet. In this write-up, we’ll be explaining in detail how you can gamble with debit and credit cards at a crypto casino.
Difference Between Crypto Casinos and Non-Crypto Casinos
The major difference between traditional online casinos and crypto casinos is that the transactions at the former are bound by strict banking regulations. Crypto casinos more or less help you bypass such restrictions. You are not required to provide any other information apart from your name and email address when registering at a crypto casino. Once you’ve signed up, at traditional casinos you’ll need to go through a lengthy KYC process before you can start playing. At crypto casinos, you’ll get to immediately deposit and start playing without any formal KYC process and you’ll also be able to withdraw as long as your winnings do not exceed a certain limit (3000$ is the industry norm).
Payments via Debit & Credit Cards
As mentioned, debit and credit cards, especially visa and mastercards is an easy way by which you can top up your account. Most crypto casinos won’t have an in-built payment feature, but they usually facilitate deposits through third-party entities like Mercuryo and Coinspaid. The process of depositing is exactly similar to how you would make an online purchase. Navigate to the deposit page one your crypto casino account and choose deposit via visa or mastercard. From here, simply enter the amount you wish to deposit and process the payment.
While deposits are possible via Debit and Credit Cards, withdrawals from crypto casinos are not possible via the same route. You’ll need a crypto wallet account to make deposits from your crypto casino account.
Also ensure that the casino you are playing with, does not levy extra charges from their end when you make a deposit directly via debit and credit cards.
Benefits of Depositing using Credit and Debit Cards
Making payments directly through cards has its own set of advantages and disadvantages. Here we look at the pros and cons so that you can make a more informed decision.
Pros
- Payment option available at most crypto casinos.
- Ease of making deposits.
- Most crypto casinos offer additional bonuses for making deposits using credit and debit cards.
- Most crypto casinos offer higher transactional limits when depositing using this method.
Cons
- Withdrawal is not possible through Debit and Credit cards.
- Additional transaction fees may be levied by third-party payment providers.
- Easy to get carried away with how much you bet, when you have your debit and credit card linked to your betting account.
Final Thoughts
Deposits using debit and credit cards offer convenience but at the same time, be sure to check the terms and conditions set by the crypto casino. Only provide your card and personal info to a licensed crypto casino. If you are in search of one such casino, checkout FuturePlay – a leading crypto casino with more than 4000+ games from 30+ leading casino game providers, and licensed by the Curacao Gaming Authority.
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NOTE: Gambling is illegal in the Cayman Islands