MoonPay Casinos

Without a doubt, cryptocurrencies have taken over the world, especially the online gambling industry. Everyone wants to get a taste of the crypto experience, even though what impedes them usually is the unknown, the unfamiliarity and the notion that getting started with crypto is actually pretty complicated.

But with MoonPay, you’ll see how easy it is to get involved with digital currencies. You will see that this solution will open your horizons and make you believe that dealing with coins is not as difficult as is sounds.

MoonPay is your guide, your saviour, if you want to start transacting with cryptocurrencies across online casinos. As a fiat-to-crypto provider, it is a financial technology company that makes the way, builds the payments infrastructure for crypto. More and more online gambling sites are interested in implementing its services, thanks to its on-and-off-ramp portfolio of products that facilitate the converting between fiat and digital currencies, using all leading, world-class banking methods such as local bank transfers, credit and debit cards, and the mobile payment solutions Samsung Pay, Google Pay and Apple Pay.

It was created only a few years ago by a Malta-based company. Knowing the fact that Malta was one of the first major online gambling markets that embraced the use of crypto and made sure to lead the world in blockchain regulation, creating crypto conferences and sharing its views, the company was more than prepared and dignified to start this service. Moreover, it is a company that is fully regulated and complies with the Know Your Customer (KYC) and anti-money laundering rules. That being said, it goes without saying that to use it, you would have to be at least 18 years old or older. 

From the minute it was launched until today, this solution has managed to receive huge recognition all across the globe. It is active in more than 160 countries and trusted by more than 250 applications, websites and leading wallets to defeat fraud and accept payments. As such, it is the perfect solution for you to use, especially if you are an online casino player and new to cryptocurrency. It supports over 30 fiat currencies and 80 cryptocurrencies, so you’ll be able to buy and sell with extreme ease. Stay with us to learn what this solution is all about and how it could make your crypto online gambling experience much easier and exciting. 

Getting Started

You should know that getting started with MoonPay would be pretty intuitive, as long as you follow the instructions on the site. First, you should know that as soon as you make your first purchase order, ergo, buy your first cryptocurrency with it, your account would be automatically created. Then, you'll need to visit buy.moonpay.com or one of its partnered wallet apps and follow the steps to make your first purchase.

Select a cryptocurrency you’d like to buy from the drop-down menu and enter how much you'd like to buy in your currency of choice. If you choose to use buy.moonpay.com, you would be asked to enter your wallet address, compatible with the crypto you’re buying. If you’re using any partner wallet app, your wallet will automatically pass your correct address to MoonPay, so that you won’t need to tell the service where to send your digital currency. To verify your address, you will receive a four-digit code on your email address for you to enter into the designated box. Read the Terms of Use, agree with them, and continue.
 

The last step would be the identity verification process, where you’ll need to share your residence address, date of birth and full name. The last step would be clicking Continue and providing an ID. Whether you’d like to provide your national identity card, residence permit, driver’s license or passport, just upload it and that’s it! You’ll receive an order confirmation and a link to MoonPay’s tracker, where you can monitor your crypto order in real-time. The fact is, though, you will get your crypto to your wallet in no more than 30 minutes, which means at an impressive rate.

Depositing at casinos using Moonpay

Now that you know how to get started with it, you should know that MoonPay is becoming accepted across many crypto-supporting online casino sites, the most popular of which is Bitcasino.io. That's because it is very easy, not only to get started with but also to use for deposits and withdrawals.

How to make a deposit

You need to log in to your online casino of choice, say, Bitcasino.io. You would need to find the Deposit or sometimes called Banking or Cashier page. Then, you would need to follow these steps:

• Go to the Deposit page.
• Scroll down and click on “Purchase crypto with MoonPay”.
• Enter the amount of crypto you’d like to buy.
• Copy the address on the top right page.
• Enter it to the MoonPay frame.
• The money will be sent to that address.

Just some notes, so that you get a clearer picture. When you enter the amount of crypto you’d like to purchase, you’ll be shown the exchange rate. And, if you’re looking for it, you can find the address in the "Send your deposit to", which you need to enter in the "Wallet Address" section.

After that you’ll receive a one-time code to your email address, which you need to copy and enter it in the “Verification code” section. Provide your personal details, and upload your identification document. Then, enter the payment method you’d like to use to complete the purchase, and confirm. MoonPay will make sure the coins arrive on the desired destination.

How to cashout

You would need to go through the same procedure for withdrawals, only in reverse. Mind you, while deposits with MoonPay will be instant or take a few minutes, withdrawals may take a while, around 48 hours in some casinos. Some operators, for security reasons, would need time to process the withdrawals, just to make sure that everything is in order before they allow MoonPay to transfer the coins to your chosen wallet. Some casino may restrict you to cashout via Bitcoin if you use this as a deposit method, ensure you read all payment information and terms.

Advantages and Disadvantages

If you’re interested in depositing and withdrawing across online casinos with crypto, you should seriously consider using MoonPay. This fiat-to-crypto provider service would allow you to get your crypto in no later than 30 minutes so that you can start playing your favourite games right away.

You can use all sorts of worldwide-used…

… payment methods to complete the purchase, including mobile payment options, credit and debit cards and bank transfer. You have 80 supported currencies and 30 cryptocurrencies to purchase and sell, hence deposit and withdraw with, across over 250 integrated partners, online casinos included.

As one of the major disadvantages when it comes to using MoonPay, we must mention that some online casinos that offer it for deposits, won’t offer it for withdrawals. Add to that the fact that even though a casino would accept it, it would probably charge you a fee for using the service to cash out your winnings. Other than that, you should have no issues using this incredible solution for your fiat-to-crypto transactions across online casinos.

MoonPay Restricted & Allowed Countries

The service is available in 160 supported countries, including the main online gambling markets such as Japan, the UK, and even the US. 

Naturally some country restrictions do apply. Even though available in 160 countries, it does not offer its service in the following US states: Rhode Island, New York, Hawaii and Connecticut. Players from the US Virgin Islands, American Samoa, Northern Mariana Islands and Guam cannot use it, either, nor can players from Albania, China, Iceland, and the Bahamas, among others.