deposit, withdrawal and payment methods at online casinos explained! What are the convenient deposit and withdrawal methods?

in order to play for real money at an online casino , you need to have a deposit and withdrawal method in place. However, you may be unsure or nervous about how to make deposits and withdrawals at an online casino site that operates overseas.

• what are the typical online casino deposit and withdrawal methods?
• do you need a credit card or bank account?
• what are the advantages of depositing and withdrawing with cryptocurrency?

for those who are new to online casinos, we’ll explain the basics of depositing and withdrawing money. In recent years, more and more online casinos have made it possible to deposit and withdraw using cryptocurrencies such as Bitcoin.

how do I deposit and withdraw at an online casino?

first, let’s take a look at how online casinos make deposits and withdrawals. Online casinos use credit cards, dedicated e-payment services, and cryptocurrencies to make deposits.

• credit cards: Accepted at many online casinos
• e-Payment Services: Allows you to manage your deposits and withdrawals in one account
• bitcoin (cryptocurrency): fast deposit and withdrawal reflection and high convenience
• bank Wire Transfer: Some casinos allow you to deposit and withdraw directly to your bank account

these are the main deposit and withdrawal methods, but if you want to play at an online casino, we recommend using an e-payment service or cryptocurrency.

common Deposit and Withdrawal Methods (E-Payments and Cryptocurrencies Recommended)

we’ll go into more detail below, but here are some easy-to-manage deposit and withdrawal methods (in order of recommendation)

1. using e-payment services like PayPal, Mutchbetter, etc
2. use cryptocurrencies like Bitcoin
3. bank wire transfers

we recommend using an e-payment service because of its simplicity and the speed with which deposits are reflected. recently, there has been an increase in the number of cryptocurrency deposits and withdrawals, such as Bitcoin, which can be used if anonymity is important to you.

you can also use bank transfers or credit cards, but we don’t recommend them because bank accounts and credit cards are increasingly regulated.

▷Online Casinos to Play Without Verifying Your Identity

compare the features and benefits of each deposit and withdrawal method

we’ve compared each deposit and withdrawal method in the table below from a variety of perspectives, including deposit speed, fees, and convenience, so you can see which one is right for you.

• e-payment services: easy to manage funds from multiple online casino accounts at once
• cryptocurrency: Allows for large withdrawals and high anonymity
• bank transfer: All you need is a bank account to make instant deposits and withdrawals
• credit cards: Easy to make deposits (but not withdrawals)

if you’re going to be playing online casinos on a regular basis, you’ll want to have at least one of these payment methods, but if you’re just testing the waters for a short period of time, bank wire or credit cards are convenient.

▶︎Compare convenient withdrawal methods at online casinos

deposit and withdrawal methods at each online casino

the table below summarizes the methods you can use to deposit and withdraw at popular online casinos. payPal (an electronic payment service) is the most popular method, but there are also a growing number of online casinos that accept cryptocurrencies.

online Casino	credit Cards	Payz (EcoPayz)	cryptocurrency	MuchBetter	TigerPay	STICPAY	bank Transfer
Lucky Block	◯		◯
Bitsler			◯
bitcasino	◯	◯	◯				◯
1xBET	◯	◯	◯	◯		◯	◯
trust Dice			◯			◯
BC GAME	◯	◯	◯				◯
cloudbet			◯
Jackbit(Jackbit)			◯
stake Casino	◯		◯		◯		◯
joycasino	◯	◯	◯	◯		◯	◯
Vave Casino	◯		◯
20BET Casino	◯	◯	◯	◯		◯
bitstarz	◯	◯	◯
bons Casino	◯	◯	◯	◯		◯	◯
TEDBET	◯	◯	◯	◯		◯	◯
empire Casino (Empire.io)			◯
live Casino io	◯	◯	◯				◯
1win Casino	◯		◯	◯			◯
jackpot City Casino	◯	◯		◯
Shuffle (Shuffle Casino)			◯
1xBit			◯

for the number of points and popularity ranking for each online casino, please refer to our Best Online Casinos page.

credit cards and e-payment services are the mainstream methods for depositing and withdrawing from online casinos, but each has its own advantages and disadvantages.

basically, if you have Payz or cryptocurrency (Bitcoin ), you can deposit and withdraw at most online casinos.

online Casino Deposit and Withdrawal Methods 1｜Credit Cards

credit cards are a convenient way to deposit at online casinos. they are accepted at most online casinos, so most online casino players have probably used them before.

advantages of credit card deposits

depositing with a credit card has the following advantages

• it’s instant, so it’s recommended if you want to make a deposit right away
• the deposit process is simple
• no need to register for another account, such as an e-payment service

for starters, a credit card is a great way to make deposits. you don’t need to set up an e-payment service, and for withdrawals, you can send money to your bank account.

depositing with a credit card

making a deposit at an online casino with a credit card is simple. just follow the steps below

1. visit the online casino website and log in to your account
2. go to the deposit page and select your credit card
3. select your credit card type (VISA, Mastercard, etc.) and enter your card details (card number, expiration date, security code)
4. specify the deposit amount and click the Deposit button
5. once authorized by your card company, the deposit is complete and the funds are reflected in your online casino account

if you’re using a credit card, it’s important to check your spending regularly to make sure you’re sticking to your budget. It’s also important to check with your card provider beforehand, as they may limit the cards available to you.

cons of credit card deposits

however, there are some downsides i personally don’t recommend using credit cards to make frequent deposits.

• you can only make basic deposits, not withdrawals
• some online casinos don’t support all credit card types
• sometimes it’s not possible to transfer money due to regulations on the part of the credit card company (decline authorization)
• you’ll incur deposit fees
• high risk of getting into debt by maxing out your credit card

some online casinos charge no deposit fees, while others charge as much as 2%.

also, sometimes you can’t deposit with a credit card, so it’s a good idea to be prepared to use an e-payment service like PayPal or MurchBetter to manage your risk.

while credit cards are convenient, they also carry a high risk of debt, so if you’re not confident with your bankroll, we recommend using an e-payment service or bank account.

how to Deposit and Withdraw at Online Casinos 2｜Features of E-Payment Services

e-payment services are similar to online banks, but they are specialized for online payments and allow you to make deposits and withdrawals to online casinos from one account.

therefore, e-payment services are very convenient for managing funds for your online casino account, and you only need to make a one-time deposit to your e-payment service account, and then you can deposit and withdraw funds to and from your online casino account without any fees.

the most popular e-payment service available at online casinos is Payz, but previously NETELLER was widely used. However, NETELLER can sometimes be unexpectedly discontinued, such as in 2016 when it became unavailable at online casinos.

nowadays, you can still use Payz or Murchbetter to pay at many online casinos, and there are a growing number of other convenient payment methods such as TigerPay that you should check out.

introduction to Electronic Payment Services｜Payz

another e-payment service we recommend is Payz. it was formerly known as EcoPayz, but in 2023, it was rebranded as Payz. payz has a large number of online casinos that accept deposits and withdrawals, and it’s also convenient for withdrawals.

in the past, ATM withdrawals were also available with an ecoCard, but this was discontinued in August 2018 and withdrawal methods are limited to bank wire transfers.

so, if you’re an experienced online casino player, you may feel that your PayPal is less valuable than it used to be, but you can still use it to make online casino deposits and withdrawals without any problems. .

introduction to Electronic Payment Services｜STICPAY

sTICPAY is another electronic payment service that has recently been introduced to online casinos. It used to allow ATM withdrawals, but since the issuance of ATM-compatible prepaid cards has been discontinued, bank transfers are now the preferred method of withdrawal.

the downside is that the number of online casinos available is small, so it’s not widely utilized. however, more online casinos are expected to adopt it in the future, so it’s worth having an account just in case.

introduction to E-Payment Services ｜MuchBetter

also worth mentioning is MuchBetter, a payment app that has been gaining popularity recently. muchBetter is a well-recognized e-payment service in Europe and has a high level of safety and reliability.

you can save money on fees by using a credit card or Bitcoin for deposits and withdrawals on MuchBetter, so it’s worth opening an account and downloading the app.

introduction to E-Payment Services｜TIGER PAY

another new e-payment service worth mentioning is TIGER PAY, which launched in 2021. while only a handful of online casinos accept it yet, we expect it to become more widespread in the future, for the following reasons

• you can deposit and withdraw cryptocurrencies in addition to fiat currencies
• currency exchange within one account
• fast crediting of deposits and withdrawals

tigerPay also has a prepaid card, which allows you to make ATM withdrawals that were previously available on PayPal and STICPAY. the application process and fees are onerous, but we recommend it for its convenience. it’s also easy to manage your money as it accepts multiple currencies, including dollars and euros.

online Casino Deposit and Withdrawal and Payment Methods 3｜Bitcoin (Cryptocurrency)

when it comes to online casino deposits and withdrawals, cryptocurrencies such as Bitcoin are also highly valued. Until recently, there were only a few online casinos that accepted Bitcoin, but as the demand for cryptocurrencies has increased, more and more online casinos are now accepting them.

▷Best Bitcoin Online Casinos｜The Benefits of Depositing and Withdrawing Cryptocurrencies

advantages and disadvantages of depositing and withdrawing cryptocurrencies like Bitcoin

in our experience, more than 80% of online casinos accept cryptocurrencies for deposits and withdrawals. Due to the high demand from players, there are some advantages and disadvantages to depositing and withdrawing cryptocurrencies such as Bitcoin.

• the deposit and withdrawal process is simple and withdrawals are instantaneous (as fast as 15 minutes)
• low payment fees and no wasted currency conversion fees
• some online casinos don’t require you to provide any verification of your identity
• highly anonymous and secure

this is a great option for players who want to play at an online casino where deposits are credited quickly and are highly anonymous. you can make deposits and withdrawals safely without worrying about the risk of your personal information being compromised.

▷Recommended Online Casinos with Fast Withdrawals! Here’s What to Look Out For When Withdrawing Large Winnings!

• cryptocurrencies are volatile and unstable in value
• holding bitcoin is difficult for those who are afraid of risky investments

on the other hand, some people may be reluctant to use cryptocurrencies because they have an asset management component, such as stocks or foreign exchange, compared to electronic payment services.

however, as a deposit and withdrawal method for online casinos, Bitcoin and other cryptocurrencies are excellent. you can make deposits and withdrawals using only your remittance address, so you have the advantage of high anonymity and no exchange fees.

it’s also worth checking the tax implications of cashing out your bitcoins, as they are taxed at the time of cashing out, and it’s a good idea to find out how you can save on taxes.

stable coins (USDT) are also recommended as a hedge against the risk of cryptocurrency crashes

another option is to use a stablecoin like Tether (USDT) for deposits and withdrawals instead of Bitcoin, which is unstable in value.

since Tether is equal in value to the US dollar, euro, etc., it is basically calculated as 1 USDT≒1 dollar. because it can be treated as a fiat currency, it reduces the risk of value crashes and fluctuations like Bitcoin or Ethereum.

however, the value of the currency is not completely fixed, and there is a risk that the value of the asset can be reduced to zero due to fraud or bankruptcy of the issuing and managing company, Tether. It is necessary to recognize that it is a type of cryptocurrency that fluctuates in value, but it is still relatively stable, so Tether is recommended for beginners.

what other cryptocurrencies and altcoins do you recommend for online casino transfers?

in addition to the major cryptocurrencies like Bitcoin and Tether, there are other coins that we recommend for online casino transfers, as shown in the table below. altcoins other than Bitcoin also have the advantage of being able to send small amounts and have deposits reflected quickly, so it’s worth checking them out.

▶︎ Benefits of using MoonPay

online Casino Deposit and Withdrawal and Payment Methods 4｜Advantages and Disadvantages of Bank Transfer (Wire Transfer)

in addition to electronic payment services and Bitcoin, there is another way to withdraw from online casinos: bank wire transfers.

▶️ Featured online casinos that accept bank transfers for deposits and withdrawals!

what are the advantages of withdrawing via bank transfer?

bank wire transfers have several advantages, including the fact that you only need a bank account to make deposits and withdrawals, no e-payment services or cryptocurrencies required.

• hassle-free withdrawals directly to your bank account
• you can withdraw via credit card deposit (no e-payment service required)

bank wire is also a popular withdrawal method for those who choose to deposit by credit card.

▶︎1XBET withdrawal methods and withdrawal times

what are the disadvantages of withdrawing via bank transfer?

• high withdrawal minimums make it difficult to withdraw
• few online casinos support bank transfers
• it takes time for withdrawals to be reflected

bank transfers have the advantage of being instantly available once the withdrawal is complete, unlike e-payments, but as mentioned above, they can be difficult to use, and if the withdrawal is a large amount, your bank may call you to check for fraudulent activity, so it’s not recommended that you use them a lot.

cautions and procedures for bank transfers

when using bank transfers, check out the precautions and procedures below.

• accuracy of bank details: When making a bank transfer, you must enter the correct recipient bank details.
• check the fees: In addition to the transfer fee for deposits, some online casinos may also charge a fee for withdrawals.
• slow deposits: Bank transfers are slow to reflect deposits and withdrawals. if your online casino account is not reflecting your deposits, you may want to contact customer support.

what are the best online casinos for depositing and withdrawing money?

along with online casino deposit and withdrawal methods, it’s also a good idea to check out reputable online casino sites. we’ve organized our top casino picks by deposit method below.

recommended online casinos to deposit and withdraw cryptocurrency

cryptocurrency deposits and withdrawals have the advantage of being easy to use, especially for high rollers, as they allow for large transfers and don’t require verification, which is why many online casinos have popular VIP programs.

▷Ranking of the best online casinos for high rollers

BC GAME｜Get Big Bonuses with VIP Programs

BC GAME is an internationally renowned online casino site that supports over 85 cryptocurrencies and has no withdrawal limits, making it a great choice for high rollers.

The bonuses through the VIP program are attractive, and you can get even more bonuses as you increase your VIP status, including rebate bonuses , rakeback, and more.

BC GAME official  BC GAME detail page

stake.com Casino｜Cryptocurrency deposits and withdrawals are convenient!

stake.com Casino is a highly recognized site not only as an online casino but also as a sports betting site. you can manage various cryptocurrencies with a multi-wallet, making deposits and withdrawals convenient.

It’s also a recommended online casino for its VIP program, and like BC GAME, there are plenty of opportunities to win big bonuses.

stake Casino Official  Stake Casino Details Page

recommended Online Casinos with Bank Transfer

bank transfers have the advantage of making deposits and withdrawals easy, even for beginners, and many of the most popular casino brands support bank transfers, so it’s worth checking out.

1XBET｜We recommend the Welcome Offer Deposit Bonus

1XBET is an internationally recognized gambling site that offers a wide range of games, including casino games and a bookmaker.

bank transfers are accepted, and the deposit bonus offered as a welcome offer is a popular feature. we recommend this as a segregated deposit bonus where you use the bonus money first, as it’s easy to use.

▶︎1XBET withdrawal methods and withdrawal times

bitcasino｜Wide support for cryptocurrencies, bank transfers and more

bitcasino is the world’s first online casino specializing in cryptocurrency, and while it is known for its cryptocurrency transfers such as Bitcoin, it also supports bank transfers.

bonus offers for beginners are recommended, and the cashback bonus with no wagering requirements is easy to redeem. the brand is highly trusted, so even players new to online gambling can feel at ease.

recommended Online Casinos with E-Payment Services

online casinos that support payment gateways often have great promotions such as deposit bonuses and VIP programs, making them suitable for beginners and high rollers alike.

TEDBET｜Cashback, rebates, and other bonuses are also recommended

tedbet is an online casino and bookmaker site under the Bons family of companies, offering a wide range of deposit and withdrawal methods, including e-payment services and cryptocurrencies. we also explain Tedbet’s withdrawal times and deposit refunds on our related pages.

The VIP program is also attractive, and you can earn up to 10% cashback and up to 0.8% rebates.

bitstarz｜Available with cryptocurrencies

bitstarz accepts deposits and withdrawals in cryptocurrencies and e-payment services such as PayPal.

with multi-wallet support, you can easily deposit and withdraw fiat currency using e-payment services and take advantage of popular promotions such as the Welcome Offer deposit bonus.

Bitstars official website  Bitstars detail page

online Casino Deposit and Withdrawal Issues and What to Do If You Can’t Make a Deposit

in addition to knowing how to make deposits and withdrawals at online casinos, you should also be aware of the problems you may encounter and what to do.

beware of incorrect deposit and withdrawal information

e-payment services like PayPal require you to specify your account ID when making a withdrawal, and if you enter it incorrectly, you run the risk of having your money sent to the wrong account.

cryptocurrencies are another area of caution: if you enter the wrong address for Bitcoin or other cryptocurrencies, you won’t get the cryptocurrency you sent back, so it’s best to copy and paste your ID and address, or try small amounts when depositing and withdrawing for the first time.

also, if you specify a bank account or e-payment service account as the withdrawal destination, the withdrawal will be rejected unless it is in the player’s registered name. credit card deposits are similarly important to watch out for, as fraud is suspected if the credit card is not in the player’s name.

▷We explain in detail why you can’t withdraw from an online casino and how to fix it!

contacting support if your deposits and withdrawals are slow to reflect

depending on your payment method, deposits and withdrawals can sometimes be slow to post. bank deposits are relatively slow to reflect, so don’t try to re-deposit just because it hasn’t shown up in your account, as this may result in a duplicate process.

if a deposit or withdrawal is too slow to post, it’s definitely worth contacting support. delays can be caused by delays in the payment service or, in the case of cryptocurrency transfers such as Bitcoin, network congestion.

▷Top 8 Best Online Casinos with Fast Withdrawals!

do not exceed the limits of your credit card, bank account, etc

credit cards have a set limit, so if you go over it, an error will occur and it won’t be reflected. The same goes for bank accounts, so be careful not to exceed your balance.

on the online casino side, there are limits on deposits and withdrawals, payment limits, and other restrictions. cryptocurrencies often don’t have limits, but you should be aware that they sometimes misrepresent the number of digits in the amount.

deposits and withdrawals are basically the same method

in principle, deposits and withdrawals at online casinos are made using the same method. if you make a deposit with PayPal, you can’t withdraw using any other method, such as Murchbet or cryptocurrency.

this rule is in place to prevent money laundering and to make it easier to move funds to other e-payment services or cryptocurrencies, but since you can’t withdraw via credit card, you’ll have to use another method.

beware of online casinos that don’t allow withdrawals

you may also find that your withdrawal request is denied even if you have met the wagering requirements (withdrawal conditions)for real money or bonuses.

while safe online casinos rarely deny withdrawals, dodgy online casinos may do things like not allow you to withdraw before the site closes.

we recommend that you contact support multiple times if your withdrawal is not honored, and that you do not continue to play with any oncasinos that are suspicious.

frequently asked questions about online casino deposits and withdrawals

every online casino is different in terms of popularity and ease of use, so check out our top online casino rankings and compare them to find the right casino site for you.

when it comes to online casinos, there are many deposit bonuses available, some of which can be as high as $10,000 or more, so be sure to take advantage of them to increase your chances of winning. for more information, check out our About online casino bonuses page.

and at online casinos, you can play a wide range of casino games, including slot games, live casino, and more. all you need to do is find out how to deposit and withdraw money and register as a player, and you’ll be able to play for real money without any problems, so get ready by opening an account with an e-payment service.

below, we’ve compiled a list of frequently asked questions about online casino deposits and withdrawals for your reference.

Q1. Do online casinos accept credit cards?

A1. Online casinos accept common credit cards such as VISA and MasterCard.

Q2. What is the fastest withdrawal method?

A2. E-wallets are the fastest withdrawal method, and you can receive your funds in as little as 5-10 minutes. Cryptocurrencies are also fast to credit.

Q3. What are the advantages of using cryptocurrency?

A3. Cryptocurrencies are instant and highly anonymous, which is great for those who value privacy. cryptocurrencies are also being used in online casinos, where no verification is required and anonymity is high.

Q4. Are there any fees for deposits and withdrawals?

A4. Deposits and withdrawals may be subject to fees, except for some payment methods. please check each online casino site for details.

Q5. How is the safety of online casinos guaranteed?

A5. The safety of online casinos is ensured by obtaining reliable offshore gaming licenses, using encryption technology, and more. you should be wary of gambling sites that are not licensed by a foreign government, as they are most likely operating illegally.