Page updated on 01.07.2020
CoinsPaid Payments for Online Casino Deposits and Withdrawals
CoinsPaid ↱ is a payment solution and cryptocurrency wallet used to store altcoins and facilitate Blockchain payments. It is operated by Dream Finance OU and licensed and registered in Tallinn, Estonia. They have been around since 2014 and were the first crypto payment solution to have passed a Kaspersky security audit.
The CoinsPaid wallet can handle 30+ altcoins including Dogecoin, Litecoin, Ethereum, Ripple, Bitcoin, Bitcoin Cash and more! It also allows you to store 20+ different fiat currencies, including INR, USD, EUR, CAD, GBP, JPY and AUD. You can exchange cryptos for fiat and vice versa.
You can also make online and offline payments, and, in the future, even withdraw cash from your crypto account using a CoinsPaid card. The company works with 200+ partners, including several online casinos. You can access their website from your desktop or smartphone browser.
The website is available in English, Portuguese, Spanish, Chinese and German.
- Built-in crypto exchange and address book
- Supports 50+ cryptocurrencies and 20+ fiat currencies
- 0% fee for payments of goods and services
- allows recurring payments
- not available in all countries
- must verify your account to lift limits
Online Casinos with CoinsPaid Payments
Below, you'll find a list of recommended mobile online casinos that accept CoinsPaid deposits and withdrawals. We provide a detailed review of each of our low wagering bonus casinos. Aside from any signup bonus, cashback bonus, deposit bonus and free spins, we also tell you about the individual wagering requirements.
We offer a section on casino payment methods, casino games, live casino games and slots, customer support and more. These are some of the best casinos that accept CoinsPaid deposits and withdrawals.
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How CoinsPaid works
You can register for either of a personal wallet or business wallet, which have different back ends.
The first thing you'll need to do is create a CoinsPaid wallet account if you don't have one already. You'll need to enter your country from the pulldown menu. Keep in mind that CoinsPaid is not available in all countries, so you won't be able to register if you can't find yours.
Enter an email and password. CoinsPaid will verify your email account. From mobile, 2-factor authentication is setup by scanning a QR code which generates a one-time passcode so that you can log in. An authenticator app can be downloaded at the App Store or Play Store.
Until you verify your identity, you will not be able to withdraw more than €1,000/month, and your use of account features will be limited. ID verification is a regulatory requirement when providing a financial service, with a purpose to prevent money laundering and financing criminal activity.
You'll be requested for a selfie-style picture where you're holding a readable document issued by your government such as a passport or ID, and proof of address.
The app has a 'Portfolio' tab where you can create a cryptocurrency or fiat wallet. You can exchange one fiat or cryptocurrency for another. The CoinsPaid wallet will also store your private keys for speed and convenience.
Unfortunately, there is no dedicated CoinsPaid app so you will need to open a web browser on your smartphone. The company is working on an Android/iOS app for CoinsPaid.
Deposits at casinos with CoinsPaid
Some online casinos that accept CoinsPaid to make deposits and for withdrawals. If you're going to deposit Bitcoins, Ethereum or other currency then start at the cashier or 'Deposits' section of your online casino.
You will be presented with an address key linked to your casino player account and/or a QR code to scan to your mobile. You'll need one of them to deposit Bitcoins or other cryptocurrencies to your player account within a matter of a few minutes.
CoinsPaid minimum and maximum withdrawals depend on the cryptocurrency.
Withdrawals at casinos with CoinsPaid
Casinos that accept CoinsPaid will also allow you to make withdrawals using CoinsPaid back to your wallet. You'll need the unique CoinsPaid address to deposit your funds as well as to enter the amount of the deposit.
The CoinsPaid withdrawal process is quick, taking only a few minutes. First, the casino must process your request, which can anywhere from a few hours to a few business days.
CoinsPaid minimum and maximum withdrawals depend on the cryptocurrency.
CoinsPaid is free when making payments to partnering merchants and online casinos. This does not preclude your casino from charging their own fee, so read the T&Cs carefully. Usually, the fees, if any, will be applied on the withdrawals at the discretion of the casino operator.
Conversions fees may also apply.
CoinsPaid is a payments solution, including a digital wallet, that allows you to store and make payments of fiat currencies and cryptocurrencies to online casinos. Payments to/from your player account/crypto wallet are swift and typically free. It is a popular online casino payment method for players who use cryptocurrencies like Bitcoin (BTC), Ethereum, Dogecoin (DOGE), Litecoin (LTC) or many others.
With very few exceptions, there are no jurisdictions which have banned the use of cryptocurrencies. However, some may have some legal restrictions in place.
Many Bitcoin casinos and other cryptocurrency casinos have sprung up in recent years. Often, these are licensed in Curacao, a jurisdiction not known for the strictest of player protecting regulations unlike Europe-based ones such as the UKGC or MGA.
While this implies that you need to be more careful, there are still some good operators available including the ones listed here at FortunaOnlineCasinos.com
Online casinos with CoinsPaid as an accepted payment method credit your player account in as little as a few minutes. You'll then be able to play for real money.
Yes – You can withdraw Bitcoins, Ethereum or more than 30 other cryptocurrencies from your online casino player account to your digital CoinsPaid wallet and vice versa.
While transaction times take mere minutes, casinos require processing times ranging from a few hours to a few days.
For compliance reasons, operators will ordinarily require you to use the same deposit and withdrawal method.
CoinsPaid is a trustworthy crypto wallet, operated by Dream Finance OU, which is licensed and regulated in Estonia.
The wallet has been audited and certified for security by Kaspersky. Aside from the benefit features of cryptocurrencies, you also have the addition of 2-factor authentication and SSL encryption.
Most mobile online casinos do offer a casino bonus to new and existing players when they make a CoinsPaid deposit and most other types of deposits. Still, you should check the T&Cs as this will be subject to minimum deposits and other considerations.
Your country of residence may also play a factor as to whether you will qualify and possibly even the currency that you choose. Again, always read the T&Cs as wagering requirements can be restrictive.
Cryptocurrencies are finding growing acceptance from online mobile casinos and players. While some are more liquid than others, they generally have lower transaction fees, eliminate the need for banks, are transparent, safe, swift and secure.