CoinsPaid is a payment gateway and a crypto wallet that can be used to store digital currencies and process blockchain transfers. As I was doing my research on CoinsPaid, I discovered it wasn't just a payment processor.
G'day mates! Bart here, your old pal and a trusted guide through the treacherous waters of online gambling. I'm here to take you on another action-packed journey through the world of Aussie pokie sites. Today, you and I will delve deep into as CoinsPaid, a cryptocurrency payment gateway that has been gaining traction among tech-savvy gamblers in Australia.
As cryptocurrencies become widely used for online gambling, payment methods like CoinsPaid are becoming quite useful. If digital currencies are still a novelty to you, I'll help you understand their benefits and explain how a banking method like CoinsPaid can make a difference. There's no time to waste—let's go!
The first stop on our journey is an exciting one. Like brave explorers, we'll discover the best CoinsPaid casinos in the Land Down Under. With so many of them available, picking the top ones was everything but easy. Luckily, after a thorough and careful examination, I created a list of the gambling destinations that should be on the top of your list if you use CoinsPad.
These Aussie online casinos have it all, from an exceptional gaming experience to seamless CoinsPaid integration. It doesn't matter whether you prefer pokies, table games, or live dealer titles, as long as you rely on this payment method to handle to deposits and withdrawals, you'll have a blast.
CoinsPaid is a payment gateway and a crypto wallet that can be used to store digital currencies and process blockchain transfers. As I was doing my research on CoinsPaid, I discovered it wasn't just a payment processor. The list of services offered by this banking option includes OTC desk and exchange, crypto processing, B2C wallet and much more.
You'll be delighted to know that CoinsPaid handles over 30 cryptocurrencies, including some of the well-known ones like Bitcoin, Ethereum, and Litecoin. But CoinsPaid is not limited to crypto, as it can be used to store fiat currencies, including Australian dollars.
You can use it to carry out both online and offline payments.
CoinsPaid works together with over 200 partners, including many gambling sites. When it comes to online gambling, it is used as a gateway between a casino and your crypto wallet, allowing you to quickly and easily fund your casino account, either with crypto or fiat currency.
If you've been reading this article carefully, you already know that CoinsPaid is a seamless payment solution for Aussie gamblers. The service allows depositing and withdrawing money at online casinos, which in turn adds to the overall experience.
Setting up your CoinsPad account is easy, and the process starts by downloading the wallet app. After installing the app, you must provide details and agree to the Terms and Conditions.
In addition to confirming your identity, you'll need to complete a two-step authentication. You'll also have to verify your address by providing a personal document or utility bill. The final step, and the key one, as it will allow you to buy and sell digital currency, is to top up your CoinsPaid account.
Since the payment processor supports a wide range of cryptocurrencies, you'll have the freedom to choose the one that matches your preferences. As you'll quickly learn, CoinsPaid makes everything easier, no matter whether you're depositing funds or withdrawing your winnings.
So, you've decided to use CoinsPaid to make a deposit at your favourite Aussie casino? That's a smart move, mate. If this is your first time using this payment method, let me guide you through the whole process with the step-by-step walkthrough.
Log in to your casino account: If you don't have a casino account, make sure to open one first. Or log into an existing one. Once you access your casinos account, head over to the Cashier page.
Choose CoinsPaid: From the list of available options, select CoinsPaid as your means of payment.
Enter the deposit amount: Copy the crypto address or scan the QR code to provide the sum you want to deposit.
Confirm the payment: Finally, confirm the transaction, and you can start playing your favourite casino games as soon as the funds appear in your account. I have great news for you: the money should become available almost instantaneously.
You can also use CoinsPaid to cash out your casino winnings. Here's a quick guide to get you started:
Go to the Cashier page: Log in to your casino account and head over to the Cashier section.
Choose CoinsPaid: Browse the available withdrawal options and pick CoinsPaid as your preferred method.
Enter the withdrawal amount: Specify the amount of money you want to claim.
Provide your CoinsPaid address: Copy and paste your CoinsPaid wallet address into the designated field. Make sure you're entering the correct address to avoid any delays or errors.
Confirm your request: Review all the details, including the amount and wallet address. Once everything's good to go, confirm the withdrawal request.
The casino will process your request. While CoinsPaid transactions are usually fast, the operator may impose its own processing times. Once the transaction is confirmed, the money will be transferred to your wallet. If you want, you can convert these funds into fiat currency.
Payments made with CoinsPaid are processed immediately. The same applies to withdrawals unless your chosen online casino has a pending period. In that case, you'll have to wait between 24 and 48 hours to get your money. The cashout process can also take longer if your account is not verified. If that's the scenario, you will have to complete the verification procedure before any withdrawals are possible.
The top CoinsPaid casino won't charge any fees for depositing and withdrawing using this banking option. It's great to know that your payments and withdrawals don't incur additional costs. However, this doesn't apply to crypto payments, like Bitcoin transactions, which can include network fees.
I had plenty of time to see CoinsPaid in action. After carefully weighing the payment solution's ups and downs, here's my opinion. Hopefully, it will help you decide whether CoinsPaid suits your preferences.
Pros:
Supports a wide range of cryptocurrencies: CoinsPaid offers plenty of options for Aussie users, as it accepts more than 30 cryptocurrencies. This provides them with flexibility and choice when it comes to managing their digital currencies.
Crypto to fiat conversion: CoinsPaid allows the conversion of cryptocurrencies into fiat currencies. This feature is particularly useful for gamblers who need to interact with traditional financial systems or make purchases in fiat currency. AUD is among the supported fiat currencies.
Customer support available 24/7: Customer support is available around the clock, ensuring you'll receive help whenever you encounter an issue or have questions about the platform. Knowing that someone is always there for you and ready to help impacts the overall experience and provides peace of mind.
Cons:
Not many online casinos support it: Despite the advantages CoinsPaid offers, particularly when it comes to cryptocurrency transactions, its availability may be limited. This could impact users who primarily use digital currency for online gambling activities.
Identity verification: CoinsPaid may require users to submit personal information and documents as part of identity verification processes. While this is often a standard procedure, I understand that some users may prefer platforms that offer more anonymity and privacy.
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CoinsPaid is a crypto payment processor and digital currency wallet that caters to the needs of online casino enthusiasts.
Yes, many online casinos in Australia support CoinsPaid as a payment method, allowing players to make secure and efficient transactions using this solution.
CoinsPaid supports over 30 cryptocurrencies and more than 20 fiat currencies, including Australian dollars.
CoinsPaid can be used to cash out winnings, but I recommend checking this information beforehand to avoid unpleasant surprises.
Transactions between CoinsPaid users are cost-free, meaning the method will not incur additional charges when used at Australian online casinos that support this payment option.
9.2 / 10
