CoinPayments

With more and more players using cryptocurrencies, online casinos have begun accepting them as payment methods. However, integrating crypto is no easy feat because there are so many different coins and networks. CoinPayments makes sending and receiving money with cryptocurrencies easy as pie, which has helped it become a popular casino banking option.

The service is very convenient for players, allowing them to store, exchange, and pay with over 2,300 coins. CoinPayments is also very secure, utilising SSL encryption and other safety measures to protect your transactions. The crypto wallet also runs a bug bounty program, which grants cash prizes to people who report site vulnerabilities.

Is CoinPayments the right payment method for you? We go over its pros and cons to determine the answer.

These Casinos Offer the Best Live Casino Games

.

5.0 rating

Read Review

Play Now

.

5.0 rating

Read Review

Play Now

.

5.0 rating

Read Review

Play Now

.

5.0 rating

Read Review

Play Now

About CoinPayments

CoinPayments is a British company established in 2013. The service runs a crypto payment gateway, allowing businesses to pay with various cryptocurrencies seamlessly. The nature of crypto coins makes them ideal for instant, cross-border transactions. Additionally, players and companies can easily convert their cryptocurrencies at reasonable rates. These factors combined show us that Coinpayments is safe and easy to use.

Target Markets

The company has a global presence, with its services being available in over 190 countries worldwide. CoinPayments serves over 100,000 merchants, including big online retailers like Shopify. The crypto payment gateway also offers fiat conversion options, allowing businesses to process payments in their local currencies.

CoinPayments is used by players for online deposits at online casinos

CoinPayments Account

You must register an account with CoinPayments before using its services. Fortunately, setting up a personal account is fast and easy. Choose an account name on the sign-up page and fill out the requested information. CoinPayments will ask for your full name, e-mail address, password, and country of residence. Remember your sign-in details, as you will need to use them to authorize payments through your crypto wallet.

How to Deposit with CoinPayments?

CoinPayments deposits are straightforward and can be completed in less than a minute. Open your casino’s cashier page and choose CoinPayments from the list of payment methods. From there, you enter the amount you will add to your balance and initiate the deposit. You can scan the QR code with the CoinPayments mobile app or manually enter your crypto wallet’s address.

How to Withdraw with CoinPayments?

Cashing out with this banking option is quick and convenient. Find it on your gambling’s site cashier page and select it as a withdrawal method. Enter how much you plan to withdraw, and then follow the on-screen instructions to complete the cash-out.

Transfer Times, Fees, and Security

One of the upsides of paying with cryptocurrencies is fast transaction times. Deposited funds are usually processed as soon as you initiate the deposit. Withdrawals are slightly slower since you have to wait for the casino to process the transaction. However, receiving your winnings should not take more than a few hours if you cash out through CoinPayments.

Receiving money into your CoinPayments wallet is free for the first €15,000 per month. After that, you must pay a fee of 0.5% for each transaction. Additionally, sending cryptocurrency from your CoinPayments wallet to any address requires you to pay the network fee.

All information sent to CoinPayments is encrypted with SSL software and is stored behind a firewall. On top of that, the service offers two-factor authentication for extra account security, preventing anyone from accessing your account without your approval.