You may be unfamiliar with cryptocurrencies, but it doesn’t mean you should discard them as a deposit method when playing at an online casino. In fact, cryptos empower casino players thanks to a variety of ways one can obtain them, low fees, shorter transaction times, better transfer limits for bigger deposits or withdrawals, and additional security. Furthermore, once you make your first crypto purchase, it will become clear that transferring crypto is not harder than making transactions with a traditional currency, such as the US dollar or the euro.
In a sense, crypto is a universal deposit method as they are equally accepted by all merchants, regardless of the payment system specifics or local currencies. In this article, we will cover the best ways to buy crypto with a credit card, bank account or a multitude of payment systems, such as PayPal. Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), Tether (USDT), and XRP are the most suited for casino deposits.
Buying Crypto with Coinbase
Coinbase is the biggest and most trusted American crypto exchange; that’s why we recommend making your first crypto purchase with it.
Step 1. Visit Coinbase
Visit Coinbase.com or download their mobile app.
Step 2. Open a new account
Find “Get Started” in the top right of the screen and enter your details. Confirm your email address and phone number.
Step 3. Link your credit card, bank account or PayPal account
Enter the details of your credit card, bank account or PayPal account when prompted.
Step 4. Buy crypto
Find “Buy/Sell” in the top right of the screen, choose the crypto you are planning to make a deposit with, and enter the dollar amount. Then, click “Preview Buy” to see the details. After that, confirm your purchase by clicking “Buy Now.”
Buying Crypto with Binance
Binance is currently the biggest crypto exchange by trading volume in the world and another decent option to make your first crypto purchase.
Step 1. Visit Binance
Visit Binance.com or download their mobile app.
Step 2. Open a new account
Find “Register” in the top right of the screen and create a new account with your email address or mobile phone number.
Step 3. Navigate to credit card purchase screen
Find “Buy Crypto” in the top left of the screen and choose “Credit/Debit Card”. You will be prompted to specify your currency and the cryptocurrency you want to buy. Confirm the details and link your credit card.
Step 4. Buy crypto with any payment method
Alternatively, you can buy crypto with any payment method through P2P Trading. To do that, click “Buy Crypto” again and then “P2P Trading”. Choose the desired payment method from the dropdown list and click one of the offers with the best rate and rating. Follow the instructions provided by the seller.