Cryptocurrencies at Casinos

What cryptocurrencies are used at NZ casinos?

If you visit any casino that supports cryptocurrencies, chances are, you will find the following options available to you:

• Bitcoin
• Bitcoin Cash
• Litecoin
• Ethereum
• Dogecoin
• Ripple
• Tron

Whilst the above is not the full list of currencies available at crypto casinos, the above are mostly featured. If you ask any casino player around, they’d suggest you use either Bitcoin or Ethereum, which are the most user friendly options for gambling.

Pros of using Cryptocurrencies

• 100% anonymous
• All transactions are immediate
• Global Accessibility
• Lower transaction fees
• One click transfers when you have both the mobile app and crypto wallet app downloaded.

Cons of Using Cryptocurrencies

• Not accepted by many online casinos
• Lack of regulation hence making the cryptocurrencies volatile
• Market volatility

Bitcoin

Bitcoin is one of the most popular payment methods used at online casinos. The currency is widely available worldwide, with many users spread across the globe. What makes Bitcoin appealing is the Blockchain technology it uses, making the payment option 100% secure, immediate and safe. Many Kiwi casinos also offer you selected Bitcoin bonuses when you use the currency to fund your gameplay.

Ethereum

Ethereum is another cryptocurrency that is used at NZ Casinos. The payment method is sometimes referred to as ETH at gambling sites, with the payment method available for both deposits and withdrawals. Compared to Bitcoin and other cryptocurrencies, Ethereum (ETH) has the lowest fees when handling your transactions. The only setback to using ETH is the fact that the currency is market volatile compared to Bitcoin.

Bitcoin vs. Ethereum, which one is the best one for your gambling?

Things to consider when choosing your Kiwi casino cryptocurrency

The best cryptocurrency to use at an NZ casino depends solely on your gameplay and personal taste. The above table compares the features that both Bitcoin and Ethereum offer. Before settling for a payment option, keep in mind the following:

Accessibility

Does the online casino support the cryptocurrency of your choice? You can do so either by checking the cashier section, or via the payments help page/

Fees and transfer timescale

Any cryptocurrency that you choose will offer you immediate transactions. One might offer you transfers in seconds, whilst the other will grant you access to your funds within minutes. The biggest factor boils down to fees. Compare fees for transactions that are listed in % of your overall transfer. Ethereum (ETH) fees are predominantly lower than Bitcoin (BTC) transaction fees, hence why many players go for ETH.

Exclusive Games and Bonuses

A selection of cryptocurrency casinos will grant you access to exclusive game content when you deposit using a specific cryptocurrency. This is very popular with Bitcoin Casinos (BTC), with the sites offering a specific game section titled ‘ BTC Games’. These games are only accessible when you deposit using the currency.

Getting started at crypto casinos – how to deposit funds using cryptocurrencies

The first step in your cryptocurrency journey is opening your crypto wallet. Let’s say that you would like to use Bitcoin, here is how to open your Bitcoin wallet and purchase Bitcoins.

Opening your Bitcoin Wallet

• Head over to Bitcon.com
• Tap on the ‘Get Bitcoin Button’
• Here you will be asked to download an app that will be used for your Bitcoin purchases.
• Find a reliable cryptocurrency exchange platform that enables you to buy, sell and even trade Bitcoins.
• Once your Bitcoin wallet is topped up with enough funds, you can go ahead to the NZ casino to deposit funds.

How to deposit using at NZ casinos using cryptocurrencies

• Login to your Kiwi online casino using your username and password
• Via your player profile, tap on the cashier section
• Click on the deposit option
• Choose your chosen cryptocurrency from the payments drop down list.
• Input the amount to be transferred from your crypto wallet
• Provide your cryptocurrency wallet address (This is provided you when opening your crypto wallet)
• Review all of the information and tap the confirm button to complete your deposit.
• The funds will appear instantly in your casino balance.

How to complete NZ casino withdrawals using cryptocurrencies

• Via your player profile tap on the Cashier
• Tap on the Withdrawal button
• Choose your chosen cryptocurrency from the drop down payments menu.
• Input the amount you would like to withdraw
• Review any fees associated with your payment
• Check all the information you have input
• Tap the confirm button to complete your cryptocurrency withdrawal.
• Receive your funds instantly.

Cryptocurrencies at Casinos FAQ