Online casinos supporting cryptocurrencies are not a novelty anymore. Digital money has been around for some time, and lately, more and more online gaming operators have added cryptocurrencies to their banking section. They are regarded as banking methods, and you can use them to make both deposits and withdrawals. However, to use Bitcoin, Litecoin, Ethereum and other altcoins at online casinos, you need to obtain them first.
But, what if you want to use Bitcoin at online casinos, but you don’t own it? A solution to your problem may be Cardbit, a Bitcoin wallet that allows you to buy BTC using your debit or credit card. That’s right; it connects a traditional and alternative banking method to provide players with an innovative payment service.
Once you obtain Bitcoin through Cardbit, you can use it to make instant online casino payments. This is a secure banking option allowing you to make deposits at online casinos without revealing your identity. If you are interested in this alternative payment solution, stay with us to learn how it works and what it takes to start using it for online gambling.
You may have used your credit or debit card to top up your casino account. If you have, you know that it requires revealing your sensitive details to the operator. With Cardbit, you can use your card while remaining completely anonymous. Slotland Casino is one of the gambling sites approved by CasinoBloke, where you can use Cardbit to make deposits.
Welcome Bonuses are only valid for new players. Only one account is allowed per player. Players who open multiple accounts or display bonus abuse behaviour will risk having their accounts closed and funds forfeited. Each bonus must be wagered 25x prior to requesting a withdrawal. General Terms and Conditions also apply.
76 / 100
Rates, Fees & Cost – Setup cost and transaction fees
Security – Level of safety and security measures
Availability – Number of serviced countries
Reputation – Overall feedback among players and consumers
Customer Support – Quality of assistance and speed of response
Cardbit was established by a group of professionals with experience in banking and e-commerce. They say their mission statement is to offer customers the shortest path between the fascinating worlds of Bitcoin and fiat currencies. To make that happen, they have launched a Bitcoin wallet that enables users to use their credit or debit cards to buy Bitcoin. Besides, they offer features such as BTC to/from EUR exchange and Bitcoin to Mastercard or Visa payment cards.
Cardbit.io is based in Limassol, Cyprus. The company also has a range of services developed for business partners, providing them with API assistance for hassle-free BTC acceptance. As a solution available to online casino players, Cardbit is totally safe and secure thanks to an extra layer of security ensured by the PCI DSS compliant security standard platform. What’s more, it employs 2-step verification and does not store users’ card data or any other personal or sensitive data that can be exposed to a cyber threat.
On the provider’s website, you can learn that over 1,000 users have joined Cardbit so far. According to available sources, Cardbit has divided opinion among users, with both those claiming that it is the best solution for buying Bitcoin to those who think it is a scam.
To start using Cardbit, you need to sign up for an account by following the instructions sent via email. The three fields include your first name, your last name and your email address. You will be asked to provide your first and last name, your email and create a strong password. Once you have entered the needed information, you will receive a verification email with the link to your account. Then, you need to complete the identification procedure by providing your ID and utility.
After the Cardbit team has reviewed your documents, you will be able to add a payment method. It can be a card or a bank account. Uses can add up to three credit/debit cards per account. Once you have set up your account and added the preferred method, you can start making transactions. Choose Cardbit as a preferred payment option, buy Bitcoin and transfer it to your casino account. A 4-digit code will secure transactions made through Cardbit.
Although you can withdraw your funds from ATMs worldwide, CasinoBloke-approved casinos supporting Cardbit do not allow you to use it to cash out your winnings. Consider using another crypto wallet to complete your withdrawals.
Cardbit transactions are processed quickly, yet you might wait up to 6 hours for Bitcoin to appear in your wallet due to blockchain regulations. As soon as it does, you will be able to transfer it to your casino account and start wagering your funds immediately.
The service provider charges a transaction fee, which is expressed as a fixed percentage of your order in EUR. It must be paid at the same time as the payment for the order you have made. That’s the only fee-related service you can find on the official website. According to some websites, a fee of 1.6% is charged by Cardbit on each payment. Also, keep in mind that the maximum transaction amount is limited to €1,000 per month for card purchases and €50,000 per month for SEPA purchases.
If you have any issues while using Cardbit for online casino deposits, you can contact the casino’s customer support team. Cardbit also provides its users with assistance through a contact form on the website, email or phone. Unfortunately, it is not available 24/7.
If you are new to the world of cryptocurrency and Bitcoin, in particular, Cardbit will help you start exploring it. It enables you to purchase Bitcoin with your card and use it to make deposits in BTC at the chosen online casino. However, not many gambling sites support Cardbit at the moment.
While using Cardbit, you don’t have to worry about the safety of your data or money as the provider employs the latest security measures to keep them protected. On the other hand, fees charged on each transaction are a downside to Cardbit transactions.
At the moment of writing this article, Cardbit is supported by a few online casinos only.
Cardbit transactions are totally safe thanks to the latest encryption protocols employed by the provider of the service.
There are more and more Bitcoin wallets with a debit/credit card on the market. Some of the methods similar to Cardbit include BitPay and Paybis.
It will depend on the operator. However, keep in mind that Bitcoin purchases through a card are limited to €1,000 per month.
Once you obtain Bitcoin, which may take up to 6 hours, your Cardbit deposit will be processed almost instantly.
While online casinos won’t charge you a fee for using Cardbit in most cases, Bitcoin purchases come with fees of 1,6%.