CoinsPaid Casino: Play at Online Casinos With Cryptocurrency

CoinsPaid, a payment gateway and crypto wallet, allows users to store many cryptocurrencies at once, enabling conversion between each other as well as into fiat currency. The online casino industry has taken note of this groundbreaking service, with CoinsPaid becoming a common payment method accepted by many casino sites.

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What Is CoinsPaid?

The explosion of cryptocurrency onto the online casino scene has given players another speedy way to deposit and withdraw their money to and from these gaming sites. Cryptocoin casinos have also helped accelerate the popularity and profits of online casinos in recent years.

As a result, new software has developed to streamline the use of cryptocurrency within this industry. CoinsPaid is one such example of this technology, leading the way as an easier, quicker way to make crypto transactions at online casinos using cryptocurrencies such as Bitcoin, Ethereum, Dogecoin and Litecoin.

It involves the storage of currency in what is known as a crypto wallet, enabling conversion between many cryptocurrencies as well as payments such as running direct debits or subscriptions. You'll also be able to exchange your cryptocurrencies to fiat currencies (government-issued currency, e.g. the pound sterling, the US dollar, the euro). The latter is not a fixed resource, like gold for example, but is instead regulated by governments in order to facilitate economic activity.

One major drawback to ‘traditional' fiat currency is that governments can place restrictions on how much is printed and/or circulated, and thus manipulate its value. With cryptocurrencies’ decentralised blockchain transactions, you can avoid this human-interest discrepancy altogether.

When it comes to using crypto at online casinos, CoinsPaid acts as a gateway that connects your CoinsPaid account with an online casino.

Once your CoinsPaid account has been funded with standard money and converted into the cryptocurrency of your choice, you can then make deposits at crypto casinos directly via the casino operator’s payment platform. Inversely, you also can convert your cryptocurrency into a fiat currency, and fund your casino gameplay using that.

Why Play at a CoinsPaid Casino Site?

The evolution of online casino play has arrived to the point where blockchain technology and cryptocurrency are increasingly revolutionising the world of money. This has, in turn, also affected how many players make deposits and withdrawals from online casinos, for which CryptoCoin casino sites have developed a solution.

In a world that is moving ever quicker, and with the casino landscape becoming ever more mobile and accessible, cryptocurrency and its payment solutions have really begun to shine.

Crypto wallets are increasing the efficiency with which you can transfer your money to and from online casinos. This means you can access and play your favourite real-money slots and Texas Hold’em Poker games at casinos accepting this crypto payment system even faster than before.

Pros of CoinsPaid Casinos

For casino players, the benefits of such casinos significantly outweigh the negatives. You can always rely on blockchain technology to provide the foundations for quick and secure transfers, and CoinsPaid is no different in this regard.

The cryptocurrency platform also has conversion systems built into it, which allows for seamless localisation. This has made switching between cryptocurrencies and converting to fiat currencies that much easier.

Play at a CoinsPaid Casino on Your Mobile

CoinsPaid deposits and withdrawals are easy to make, and have now been further streamlined by the top mobile casinos out there for those who enjoy playing on the go.

This also benefits casino gameplay in general, with mobile devices now displaying sharper graphics and faster loading speeds. Most casinos using this payment system nowadays will also have a dedicated gambling app, available on both Android and iOS.

Claim Casino Bonuses at CoinsPaid Casinos

CoinsPaid bonuses are also up for grabs, with some operators even offering special bonuses for deposits with cryptocurrencies.

You can usually expect a welcome bonus when you join one of our recommended casino sites. This could entail a deposit-match bonus worth hundreds of euros, or a free spins bonus to keep you spinning the reels for longer. If you see a “no deposit” bonus, then you’ve actually found free cash for you to wager on your favourite games. 

However, you need to keep an eye out for any wagering requirements attached to any CoinsPaid bonus that you might claim. These refer to the number of times you need to play through the bonus before you can withdraw it, as well as what games you can use it on.

Rapid CoinsPaid Deposits and Withdrawals

When you find an online casino that accepts CoinsPaid as a payment method, you can begin playing at the best real-money roulette or blackjack tables within moments.

That is because CoinsPaid offers instant and free transfers, ensuring no time or money is wasted waiting for CoinsPaid Bitcoin transfers to arrive in your casino account.

Multiple CoinsPaid Currencies Supported

People from all corners of the world are starting to look for the latest CoinsPaid casino that offers their home currency. Apart from this, the need to switch and convert currencies has also become increasingly important.

Luckily, CoinsPaid has already found a solution, allowing you to exchange between 30+ different cryptocurrencies as well as conversion to 20+ fiat currencies. So, depending on where your casino is based, you should easily be able to find the currency for its location.

CoinsPaid Security

As well as allowing quick transfers, cryptocurrency is also extremely secure to use. This currency utilises QR codes and blockchain technology to keep data encrypted, and therefore safe from prying eyes.

The use of cryptocurrencies itself is also confidential and very private because it operates off a decentralised database, which also means there is no middleman to take a cut of your winnings.

Cons of CoinsPaid Casinos

Despite the many benefits, there are nevertheless a couple of disadvantages of playing at a such casinos. Cryptocurrency is still a relatively new phenomenon, and as such CoinsPaid payments reflect this uncertainty. We've included a brief breakdown of the aforementioned drawbacks below:

1. Cryptocurrency Can Be Volatile

Very similar to how the stock market works, the value of cryptocurrencies can fluctuate quite suddenly. Regard your cryptocurrency as if it had high volatility, similar to the volatility of slot games.

Due to a whole host of potential factors, possibly occurring in other countries worldwide, the value of your cryptocurrency could plummet or skyrocket. This in turn affects the value of any possible conversions you make to fiat currencies, in order to finance your online play at these casino sites.

2. Limited Number of CoinsPaid Casinos

Although cryptocurrency is popular and growing at a rapid rate, there are some online casinos that have not yet completely got on board with the currency.

This could come down to crypto’s volatility, or a simple lack of knowledge. But what we do know is that the CoinsPaid casinos are beginning to unlock the true potential cryptocurrency has to offer in terms of safety, privacy and speed.

3. Initial CoinsPaid Withdrawal Limit

When you first open an account with CoinsPaid, there is an initial withdrawal limit of €1000 you need to adhere to. However, you will overcome this barrier after completing the CoinsPaid account verification process.

How Do I Get Started at a CoinsPaid casino?

Like with any legal and licensed online casino, you’ll first need to verify your identity. This involves registering with CoinsPaid itself. This is a very quick process, and it does require you to have a few documents at hand solely for identity verification purposes.

Once your registration is accepted and the documents have been approved, you are ready to deposit. To make it as easy as possible for you, we’ve outlined a step-by-step guide of the registration process right here.

Registering with CoinsPaid

1. Go to CoinsPaid and hit “Sign Up” in the top right.

2. Choose an email address you use regularly and provide a new password for the account.

3. You will then receive a verification email. Open this and confirm to continue. You should be redirected to a new browser window.

4. You will then be required to complete the second step of authentication. This is done via the Google Authenticator, which can be downloaded at the Google or Apple Play Store. Scan the QR Code on the screen and enter the code provided by the authenticator.

5. It is at this stage you will need to input personal data. First, you will need your identity card, driver’s licence or passport. Then, take a selfie or use a clear photo of your face for biometric verification.

6. Next, you need to prove your address using a utility bill, bank statement (or your identity card itself, should it list your current address). Any document of this sort should not be more than three months old.

7. Now that you have jumped through these hoops, CoinsPaid will quickly verify all your information; once accepted, you will be led to the main lobby, where you can buy and sell cryptocurrencies. There is also an address book for you to store regularly used address keys. These addresses are the equivalent of IBAN and BIC numbers for bank accounts, making them vital for the transfer of cryptocurrency.

8. As soon as you have loaded your CoinsPaid account, you can then begin the CoinsPaid deposit process at any casino accepting this payment method.

Which Cryptocurrency Can I Use at CoinsPaid Casinos?

Ever since 2009, when Bitcoin was created by Satoshi Nakamoto, many other cryptocurrencies have followed the BTC example. Online casinos have not ignored the creation and rise of new cryptocurrencies, so the ensuing inclusion of multiple cryptocurrencies as payment methods only makes sense. We've listed a few of these below. 

Bitcoin

The first of its kind, Bitcoin remains the most popular and most established cryptocurrency payment method in the online casino industry.

Whether they accept CoinsPaid or not, most online casinos will offer the option to deposit and withdraw using Bitcoin. As we mentioned before, there are even Bitcoin deposit-specific CoinsPaid bonus deals up for grabs.

With CoinsPaid Bitcoin casinos on the rise, we wouldn’t be surprised to see even more sites offering this crypto payment option in the near future. Check out our list of the best Bitcoin casinos, which you can refer to as a starting point.

Ethereum

ETH only arrived on the scene five years ago, but it has already made a big splash among crypto enthusiasts. It is now the second-most popular cryptocurrency in the world.

Although Bitcoin and Ethereum are digital currencies, the latter (used in ETH gambling sites) was designed as a platform to run applications on, using its own Ether code. Due to its popularity, Ethereum is now a major competitor of Bitcoin in value, as well as a major player in the cryptocurrency industry.

Litecoin

Impressively, it did not take too long for Litecoin to follow in Bitcoin's footsteps. While Swiftcoin, Namecoin and Litecoin were all founded in 2011, only Litecoin has gone on to truly make a name for itself.

This currency is also very commonly found on CoinsPaid casinos. Over the past decade, Litecoin has become more stable, and therefore more widely accepted for CoinsPaid deposits and payments. 

Tether

Tether is one of the lesser-known cryptocurrencies, but there are still a number of casinos that accept this digital tender. Generally regarded as the most popular ‘stablecoin', Tether is considered one of the closest equivalents to fiat currency, and the tokens usually equate one-to-one with local currencies.

This also makes it easier to understand the conversion rate, while also protecting from the crypto market’s volatility. The technology, which uses the Ethereum blockchain, makes it easy for CoinsPaid casinos to integrate into their systems.

CoinsPaid Casino Payments

There is a huge range of cryptocurrencies to choose from, and many of them are being used by online casinos for deposits and withdrawals. Due to this, operators are starting to benefit from technologies such as CoinsPaid, thereby allowing players to conveniently and quickly make transactions directly on CoinsPaid casino sites (for example).

CoinsPaid offers an sense of efficiency, ease and convenience that is hard to overlook. In addition, the objective for casino players will always be to emerge with profit, and the CoinsPaid bonuses available at many sites can only help boost your chances at securing great winnings.

CoinsPaid Deposits

Making CoinsPaid deposits is extremely easy. After locating the Banking or Payment Methods page on the website, simply select the payment option and then follow the instructions.

In the case of cryptocurrencies, there is usually a QR code that you scan, or a unique crypto address which you can input. This QR is a unique transaction code that is used as a language between your CoinsPaid wallet and the online casino. Once you input the value you wish to deposit, simply scan and confirm and you are ready to go.

How to Deposit using CoinsPaid

1. Locate the “Banking” or “Payment Methods” page on the CoinsPaid casino.
2. Choose your preferred deposit method (whether CoinsPaid itself or your preferred cryptocurrency that CoinsPaid supports).
3. Scan the QR code provided, or copy the crypto address if using a desktop.
   • Scanning the QR code will automatically redirect you to the CoinsPaid portal, where you can then input an amount to deposit.
   • If depositing on a desktop instead, simply copy and paste the unique address and enter an amount to send.
4. Once you have input your deposit amount, click send. The transaction should be available within minutes, and you’re ready to begin playing!

CoinsPaid Withdrawals

Similarly, CoinsPaid withdrawals are also quick and easy to carry out. In the same way you look for your preferred deposit method, first, search for your desired withdrawal method.

At this point, it is also worth checking whether the casino actually allows CoinsPaid withdrawals. Then, the process is similar. You input the amount you wish to withdraw, and link your unique crypto wallet address.

CoinsPaid Fees and Limits

The beauty of CoinsPaid is the fact it is free to register and use. The crypto wallet also charges 0% commission on transactions between CoinsPaid users.

Another advantage is that there are no maximum limits, meaning players are able to make instant and large withdrawals to get their winnings. There are, however, limits for deposits and withdrawals at casinos themselves.

What Kind of Casino Games Can I Play at a CoinsPaid Casino?

These online platforms do not differ much from your standard online casinos. They still offer your favourite real money casino games, and are partnered with reputable game providers, such as NetEnt and Microgaming. You'll also still be able to try out carefully studied strategies on the roulette table.

Below are the types of games you can expect to find at CoinsPaid casino sites.

Casino Slots

All your favourite classic slots can be found at nearly every casino online, and CoinsPaid casinos are no different.

It is also worth keeping an eye out for any CoinsPaid bonuses available. These can come in the form of a match bonus on deposits using cryptocurrency, or giveaways during the week for playing with CoinsPaid deposits. There are also game specific bonuses on popular titles like Gonzo’s Quest and Book of Dead.

Live Dealer Games & Table Games

Just as popular as slots, many different table games can be found too, including the roulette, poker, blackjack and craps. Thanks to software pioneers such as Evolution Gaming and Playtech, there is also a raft of live casino offerings at CoinsPaid sites to bring you even closer to the action.

You'll be able to play live blackjack, live poker and even live baccarat, and watch from multiple camera angles as real, live dealers in studios dish out the cards or spin the roulette wheel to create a real-life casino atmosphere. Some CoinsPaid casinos even let you interact with other players and the dealer, enhancing the experience even further.

Crypto Casinos That Support CoinsPaid

Once you locate a CoinsPaid casino, there is an incredibly high probability it will support Bitcoin, whose popularity is still thriving with individuals, businesses and online casinos. Furthermore, more and more CoinsPaid Bitcoin-specific bonuses are becoming available to players, meaning you can also receive extra monies for using Bitcoin in the first place.

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Once you have made full use of your four-tiered welcome bonus at Joo Casino, you can dive straight into even more promotions, offered throughout the week.

Choose from the amazing range of slot and table games provided by many reputable game developers. Alternatively, you can take a trip to the live games arena, where you can find live dealers for all your favourite table classics.

There are also many popular game titles, such as Mega Moolah by Microgaming, which is renowned for its record-breaking progressive jackpot. Couple a massive win on any of the jackpot titles on offer with instant crypto withdrawals, and you may well find yourself overJOOyed!

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This CoinsPaid casino truly prioritises cryptocurrency – so much so, that it is one of the only online casino operators that allows you to buy cryptocurrency using your credit card directly on the website. Cryptocurrency deposits arrive in rapid time, so you can play your CoinsPaid bonuses immediately.

Cryptowild has partnered with some of the best game developers in the industry who provide a wide range of software, including Bitcoin roulette games.

And if you hit the midweek hump on Wednesday, then you can pick yourself up with free spins on offer. Alternatively, you can increase your thrill and prize potential by taking part in one of the many tournaments that CryptoWild runs throughout the week.

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Visit Gunsbet for some gun-slinging casino action. You can enter this wild, western CoinsPaid casino fully loaded with a generous welcome bonus, as well as promotions throughout the week.

There's also a plethora of tournaments and crypto jackpot games to enjoy, with instant withdrawals making everything even more enticing.

Choose your Wild West character and progress through the 7 statuses in the VIP programme, leaving you richly rewarded by the time you achieve the War Cannon level 7. If you need support, help is at hand 24/7, and the website caters to an incredible 26 languages.

Security at CoinsPaid Casinos

The security that cryptocurrencies and CoinsPaid offer is rapidly improving to the point that you barely register as a blip on any crypto database, even when it comes to CoinsPaid deposits and withdrawals.

However, that is a good thing. The encryption applied by CoinsPaid casinos contributes heavily to this protection of players data.

Furthermore, online casinos prioritise security over any other aspect of the player experience, including the number of game developers or breadth of game offerings. The safety of any casino stems primarily from its gambling licence(s).

These provide the security framework and operational laws by which any legal and licensed online casino must abide. Nevertheless, there are still other aspects that contribute to the overall security package offered by a casino site.

Is it Safe to Play at a CoinsPaid Casino?

Licenses can be obtained from countries such as Curaçao, Malta and Gibraltar, which are popular destinations for new casinos in need of reputable credentials.

When deciding whether or not to create an account with a new casino, you should always verify that its licence is up-to-date before registering. Legitimate licensing generally means that the casino operator is bound to a strict set of regulations that, if broken, would result in severe punishment including heavy fines and/or jail time.

As well as requiring proper and legal licensing, casinos also need to be regulated to ensure they are fair to play at. Regulation is usually conducted by an external authority who monitors the operation of a casino.

Verification Process at a CoinsPaid Casino

Player safety and security is and always will remain the main priority for any online casino, and measures are being taken even further to improve this.

The recent introduction of no account casinos eliminates the sharing of sensitive information completely, as they require no registration or identity verification. This, in turn, is subtly changing the landscape of online casino play. Not only is online gaming becoming safer, it is becoming easier to access, which is bound to improve the overall player experience.

However, for the majority of online casinos that do require registration, there are certain account verification criteria to have approved before you can start playing for profit.

Verification is a legal requirement set out by most operators, in turn indicating that they are legitimate and trustworthy companies. 

CoinsPaid Casino With SSL Security

Secure Sockets Layer technology provides a digital barrier between the website’s server and your internet browser to ensure that any information that is given or filled in remains encrypted and private. This is solely to prevent unwanted third parties from obtaining your information.

For example, CoinsPaid transfers of Bitcoin might have their own encryption security, but legitimate casino sites accepting this method of payment will provide an additional layer.

The way to determine whether a CoinsPaid casino is encrypted or not is to look for the padlock symbol and the prefix of “https://” in the browser's address bar. With these two components, you can rest assured that you are on a safe web page.

History of CoinsPaid

CoinsPaid is a digital payment platform, originally designed as an internal processing tool by Merkeleon for individuals or businesses to convert/exchange currencies or pay for goods. This tool is reminiscent of other money transfer services, such as PayPal.

However, it was not until 2018 that CoinsPaid entered the market as its own brand. Since then, it has since grown in popularity due to the increasing demand for cryptocurrencies in the world. CoinsPaid noticed this demand and created a pathway, not just between individuals and businesses, but also between the worlds of digital and physical currencies.

Conversion into fiat currency, or what we know as everyday tender, is also possible. This produces a tangible, usable representation of your cryptocurrency. As well as paying for everyday goods and direct debits, users of CoinsPaid can also top up and withdraw from their CoinsPaid casino account.

The crypto payment gateway has proven especially popular with interactive services, such as esports and online casino play. With over 50 cryptocurrencies, including those we mentioned earlier in the article, there is a range of currencies for online casino players to make their CoinsPaid deposits with.

The development of CoinsPaid is, of course, reliant on the growth and viability of cryptocurrencies as a financial technology. However, so long as crypto coins continue revolutionising money, CoinsPaid will continue to supply individuals and businesses around the world with its convenient, efficient and free service.

CoinsPaid Casinos: Our Verdict

Although they are still a relatively new entity, casinos accepting CoinsPaid as a payment method have great potential to soon become commonplace in the iGaming industry. This is largely due to two things:

1. Firstly, the continued growth of cryptocurrencies has generated more demand for the CoinsPaid technology to facilitate casino transactions via crypto.
2. Secondly, the speed, convenience, and free nature of CoinsPaid deposits and withdrawals make it extremely attractive for online casino players who would like to avoid wasting money. In fact, it can be said that these casinos are akin to online casinos that accept PayPal deposits. 

One significant drawback, however, is that there are currently not many CoinsPaid casino sites in the world of online gaming. Cryptocurrency payment methods are now commonplace on many online casinos, but CoinsPaid is still negotiating its way onto the market.

We recognise that the uncertainty and volatility surrounding cryptocurrency might continue to dissuade the most critical of sceptics. Still, judging by the cryptocurrency payment methods already possible at countless online casinos, it should only be a matter of time before CoinsPaid leaves its stamp on the casino industry.