Certain major cryptocurrencies, such as Bitcoin (BTC), DogeCoin (DOGE), Ripple (XRP), and Ethereum (ETH), are now seen as a great APM (Alternative Payment Method) for millions of online casino players around the world.
Here is a closer look at why so many players prefer to use cryptocurrency to deposit and withdraw at their favourite online casino rather than traditional payment methods, such as Visa, MasterCard, Skrill and Paysafecard.
Online casino players prefer using cryptocurrency to deposit and withdraw at online casinos for a number of reasons. Firstly, not everyone likes using their credit or debit cards at websites, which is where APMs, such as cryptocurrencies and digital wallets, come in. Digital wallets are also known as electronic wallets, e-Wallets, or web wallets.
Cryptocurrency enables the player to remain anonymous. Also, don't forget that the cryptocurrency payment method is far more secure than traditional payment methods.
Online security is the number one priority for many players, which is why they choose to pay with cryptocurrency. It's quick and convenient, super reliable, and highly secure.
Some online casinos accept more APMs than others, but, unfortunately, there are currently no UK-licensed online casinos that accept any cryptocurrencies. Instead, UK players can use several other APMs, such as Apple Pay, Skrill, NETELLER, PayPal, Paysafecard, and one or two other reliable methods.
To find out which of today's best online casinos accept APMs instead of just the Visa and MasterCard credit & debit card options, the best thing to do would be to do a Google search. You could type in phrases such as 'online casino skrill deposit' or 'online casino bitcoin deposit.'
In fact, the official Mr Gamble website has done all the hard work so that you don't have to, so instead of randomly 'Googling' for Skrill casinos, you could go straight to this reputable online casino review site.
Some of the best UK online casinos that accept Skrill right now are the following top 10 fully licensed online casinos:
Leo Vegas Casino
Casino Luck
Barz Casino
Slotstars Casino
Winomania Casino
Mr Rex Casino
Magic Red Casino
Lucky Vegas Casino
Jackpot Paradise Casino
Mr Vegas Casino
Other honourable mentions include Binostars casino, Vegasland Casino, Britain Bet Casino, Spinyoo Casino, Jaak Casino, and NetBet Casino, to name just a few great sites. All of these APM casinos accept Skrill and don't forget that they have all been reviewed for you on the Mr Gamble website.
If you don't like using cryptocurrency or your credit/debit card at online casinos, then you may want to consider using Skrill instead. It's free to sign up to. It's free to use, and it's also really easy to use.
The minimum deposit amount with Skrill at most online casinos can be $/€/£5.00, $/€/£10.00 or $/€/£20.00, depending on which casino you sign up to, and the maximum withdrawal amount might be $/€/£10,000.00 per transaction. Each casino is different in terms of its maximum daily, weekly, or monthly withdrawal amount or the maximum amount you can withdraw per transaction.
This is one of the reasons why it's always a good idea to read the casino's withdrawal policies before signing up to any casino site. It's also a good idea to check that the casino you are about to sign up to does accept your preferred payment method.
You can easily find this information by going straight to the banking/cashier section or asking one of the casino's player support agents.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.