Crypto Casinos NZ

Casinos that accept cryptocurrencies make online pokies a lot more convenient, so it’s no surprise that more and more casinos are adding it to their roster of financing methods. With crypto, you can enjoy faster payments, almost instant withdrawals, and enhanced security, to name just a few benefits. Learn more about the benefits of cryptocurrency casinos and how you can get the most out of it.

Top Cryptocurrencies Casinos

What Are Crypto Casino Payments?

Benefits: Why Use Crypto Payments In Online Casinos?

Crypto payments offer several benefits, with security, convenience, and privacy considered high priorities for all cryptocurrency users. You don’t need to add personal information when using cryptocurrencies, such as credit card and bank account details.

Transfers are instant, so you avoid the delays typical of e-wallets and bank transfers. Cryptocurrencies also don’t recognise international borders, so you can fund your account without worrying about long processing delays or costly international transaction fees.

Pros and Cons of Crypto Payments

Cryptocurrencies Accepted in Online Casinos

Bitcoin (BTC): The first and most well-known cryptocurrency, often referred to as digital gold. It paved the way for the entire cryptocurrency ecosystem.

Ethereum (ETH): Known for its smart contract capabilities, Ethereum allows developers to build decentralized applications on its blockchain.

Tether (USDT): A stablecoin tied to the value of a traditional currency, often used for trading and as a stable store of value in the crypto space.

Dogecoin (DOGE): Initially created as a meme, Dogecoin has gained a cult following and community, often used for tipping and charitable donations.

Litecoin (LTC): Created as the “silver to Bitcoin’s gold,” Litecoin is often used for faster and cheaper transactions.

Stellar (XLM): Similar to Ripple, Stellar focuses on facilitating cross-border transactions and providing financial services to the unbanked.

Bitcoin Cash (BCH): A fork of Bitcoin that aims to provide faster and cheaper transactions.

Deposits and Withdrawals – How To Deposit\withdraw Crypto Casinos

Here’s how the deposit process withdrawal will work:

Crypto Casino Deposit

1. Creating a Wallet: You need a digital wallet to store your cryptocurrency. A digital wallet is a virtual bank account where users store, receive, and send cryptocurrencies. There are various wallets, including software, hardware, and online wallets.
   
   
2. Depositing Funds: Players can choose the cryptocurrency deposit option in the online casino. You will receive a wallet address (a long string of characters) to send the desired amount of cryptocurrency. This can be done by scanning a QR code or copying and pasting the address.
   
   
3. Blockchain Confirmation: Cryptocurrency transactions are verified and recorded on a blockchain, which is a decentralised and transparent digital ledger. Depending on the cryptocurrency and network congestion, a certain number of confirmations from the blockchain network are required before the casino credits the deposited funds to the player’s account.
   
   
4. Account Crediting: Once the required confirmations are received, the online casino will credit the player’s casino account with the corresponding amount in the chosen cryptocurrency. Players can start playing casino games using these funds.
   
   

Crypto Casino Withdrawal

1. Winning and Withdrawing: When you win, you can head to your casino’s cashier/banking section to start the process. You can withdraw your winnings as your cryptocurrency of choice, such as Bitcoin or Ethereum.
   
   
2. Select the Cashout Amount: Enter the amount you want transferred to your cryptocurrency wallet. You will need to know the withdrawal limits imposed by the casino. You can find this information in their terms.
   
   
3. Withdrawal Process: Provide the casino with your public cryptocurrency wallet address to withdraw your winnings. The casino will then initiate the withdrawal process.
   
   
4. Wait for Your Winnings: In most cases, transfers are almost instant. However, they can take up to 48 hours to show up in your account.
   
   

How Safe and Secure is Cryptocurrency in Online Casinos?

Online crypto payment methods such as Bitcoin, Ethereum, and Litecoin have the potential to revolutionise online gambling.  The technology behind digital currencies offers a level of security that traditional payment methods struggle to match.

While there is always a risk of fraud and hacking, these are much lower than the frequency of exploits experienced by other deposit and withdrawal methods, including the big banks.

While many online casinos require you to verify your identity, cryptocurrencies create an extra layer of security because you are not sharing your financial information with the casino.

The casino only gets your public wallet key, which means hackers who manage to access the casino’s data cannot get the information necessary for accessing your crypto wallet.

Cryptocurrency casinos we recommend must share the following features:

●        Security and privacy guarantees: We place high priorities on our readers’ security and privacy, which is why we pay a lot of attention to the efforts online casinos put into keeping your information locked up tight and away from prying eyes, such as SSL encryption.

●        Fairness: All games have an inbuilt advantage to the house, but online punters should still expect fairness in their gaming sessions. This is why we check that casinos use testing labs like eCOGRA, Gaming Labs International (GLI), or iTech Labs, which help keep online gambling fair and honest.

●        Licensing: Every casino we recommend will hold a license from a reputable watchdog such as the Malta Gaming Authority or the UK Gambling Commission.

Our Verdict on New Zealand Cryptocurrency Casinos

When you consider the level of convenience, security, and speed that cryptocurrencies bring to the table, it’s only natural that online casinos will want to include them in their list of options.

As cryptocurrencies become more accepted in the mainstream market, we fully expect this adoption trend to continue.

Using cryptocurrencies to fund online casino accounts adds to its appeal, especially for players who value convenient, fast, and secure transactions that give them peace of mind about the security of their funds. 

How Do We Rate?

Our team of professional analysts use their decades of experience to hunt down and report on only the best cryptocurrency casinos.

It’s more than just checking their deposit options; they must also show a commitment to their players with exceptional service and tons of variety. Here’s how we rate New Zealand cryptocurrency casinos so that you can make an informed choice:

Payment Options: Every online casino is different, so we look for those that offer many different options for payments and withdrawals. While Bitcoin was the first and still the most popular cryptocurrency, it’s not the only one.

As more cryptocurrencies enter the market, players have options, including Dogecoin, Ethereum, Bitcoin Cash, Litecoin, Tether, and Ripple.

We consider these six, plus  Bitcoin, to be the absolute baseline. Still, there are many more ways to fund an account that we need to evaluate as well, including bank transfers, e-wallets, and payment gateways like PayPal.

Other features we look for include:

Payout Speeds: It’s always nice to win, but it’s also satisfying to see your newfound funds drop into your cash account fast and without hassle.

Minimum Deposit: We all have a budget, so we consider low minimum deposits to be a point in favour of the casino. We also check minimum deposits for claiming a bonus, as these can differ from the standard minimum.

Transaction Limits: All casinos impose different conditions on deposit and withdrawal limits. Most casinos allow you to only withdraw up to a certain amount every month. If you’re lucky enough to land a windfall larger than the withdrawal limit, you will have to split the difference and wait for the next month to roll around.

Cashier Experience: We look for transparent payment policies and convenient financial options that make funding your account as seamless as possible. We can’t recommend casinos that have complex demands when it comes to making payments or getting withdrawals.

Crypto Pokies Bonus: Promotions are a fantastic way to increase your budget and give you more time playing pokies. However, we know that bonuses are there to entice new players and are not always what they seem. For this reason, we check each bonus offer carefully, including the fine print, so our readers always know the actual value of an offer.

General Crypto Casino Experience: Your deposit and withdrawal experience is just one small part of your engagement with a casino, but there’s much more to consider. The best crypto pokie experience can only be had when all the features of the casino come together to produce a safe, reliable, and enjoyable experience. You also need a great selection of pokies, an efficient and knowledgeable support team, and a mobile-friendly site or a dedicated app.

Don’t Have Crypto? Use These Options Instead

Just because a casino offers crypto doesn’t mean you shouldn’t consider other financing options. Some of our favourite deposit options include:

PayPal Casinos: Everybody knows about PayPal by now, which is preferred for its ease of use, speed, and availability.

Visa Casinos: This is one of the most popular credit card banking options and is almost universally accepted at NZ crypto casinos and around the globe.

Paysafecard Casinos: If you prefer complete control over your gambling budget, a prepaid card is the way to go. You can buy it with cash and use the card to deposit funds straight into your account without entering any personal banking details.

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