The online gambling industry pays special attention to market trends. Since cryptocurrencies have become very popular, casino operators have done their best to include them on the list of available payment methods. Apart from using them in a standard way, many solutions focus on making the process of crypto transacting as straightforward as possible.
Over the last couple of years, we have seen a number of new payment methods that offer online casino players to make transactions in fiat and digital currencies. One of the payment methods that stands out from the rest is MoonPay. It makes the process of crypto transacting effortless and user-friendly. This solution allows gamblers to buy crypto using fiat currencies without having to visit any exchange platform.
The fiat-to-crypto payment service has quickly become very popular, as it made the use of cryptocurrencies much easier. MoonPay offers a platform where online casino players can use a wide variety of fiat currencies to purchase a wide selection of digital currencies. It also allows users to use some of the leading payment methods, from a bank transfer, debit and credit cards to Google Pay and Apple Pay. Thanks to these payment methods, the entire process of purchasing crypto can be completed in less than half an hour, allowing players to start using them to make online casino deposits straight away.
Today, we’re bringing a detailed review of this payment service, which should help learn more about it and provide information on using it at online casinos.
It doesn’t come as a surprise that many online casinos accept MoonPay as a means of payment. The list of platforms where you can use this service includes BitStarz. To make it easier for you to find an online casino where you can use MoonPay, our experts have prepared a list of the best online casino sites that accept this method.
All these gambling sites are reliable and safe, and you can make your deposits without worrying about the safety of your fund. Before you start playing, be sure to read our reviews, as they can help you find the best place for your gambling activities.
Maximum winnings that will be paid out resulting from a free bonus or free spins without deposit will be 100 EUR or currency equivalent. In regards to BTC players, the maximum winnings that will be paid out resulting from a free bonus or free spins without deposit will be 15 mBTC. Any winnings exceeding this amount will be forfeited. Wagering Requirements for Free and Registration bonuses are forty (40) times the Bonus sum awarded to you, unless stated otherwise in the supplemental Terms and Conditions. General bonus terms and conditions apply.
St Julians, Malta
80 / 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
The use of cryptocurrencies doesn’t have to be a long and annoying process, especially when you use MoonPay. The service was founded in 2019 by a financial technology company operating from Malta, whose aim was to create a payment solution for crypto that was easy to use.
With more than five million users today, MoonPay allows customers to buy over ninety digital currencies using over 160 fiat currencies. As we previously mentioned, MoonPay users can utilise some of the most popular payment methods, such as Apple Pay, Google Pay, bank transfer and debit or credit cards, to get the job done. It takes less than thirty minutes to complete your purchase and start using it to make online casino deposits.
But how did MoonPay make all of this possible? Experienced gamblers know that Malta is one of the most important gambling hubs in the world and one of the countries that have already embraced cryptocurrencies. The tiny island leads the global blockchain regulation, with many conferences heading to this nation to help the entire industry understand how this technology functions and what benefits it could bring for the world of online gambling.
It didn’t take long for MoonPay to get recognition from all over the world. At this moment, the service is available in more than 160 countries and can be used on many leading internet sites and wallets. That said, finding an online casino where you’ll be able to use MoonPay is an easy task. Here is detailed information on how to start using this convenient payment method.
Once the cryptocurrency you bought arrives, you are ready to use your account. You can immediately use it to make online casino deposits.
Many online casinos accept MoonPay as a means of payment. If you wish to make a deposit using this service, you’ll need to use a bank transfer, credit or debit card, or Apple Pay.
The first thing you need to do is log in to your casino account and go to the “Deposit” section. Select the “Purchase crypto with MoonPay” option, specify the desired amount you want to deposit on your account, and you’ll see the exchange rate. Then, copy the address found in the “Send your crypto deposit to” section, and enter it in the MoonPay frame in the “Wallet Address” section. The crypto will be sent to your address in less than half an hour. Enter the necessary personal details, choose your payment method and confirm the deposit by entering a one-time code from MoonPay in the “Verification code” section.
When it comes to withdrawing money, the entire process functions pretty much in the same way, although in reverse. And while deposits are quick, withdrawing your fund may take some time.
After MoonPay and your online casino make sure that everything is OK, it can take up to 48 hours to complete the withdrawal.
Making online deposits using MoonPay is great. But what about withdrawing your money? Don’t worry. You will be able to make withdrawals with MoonPay without any problems. They are similar to funding the casino balance with this payment service, and although they are not as quick, the entire process should be completed without any hold-ups.
When purchasing crypto with credit or debit cards, you will have to pay a processing fee of 4.5% and a dynamic network fee. If you’re using bank transfers to buy crypto, your transaction is subject to a 1% processing fee and a dynamic network fee. When selling your crypto, a processing fee of 1% and a dynamic network fee are applied to all EU/UK bank transfers. It should be noted that the network fee is dynamic on all BTC, ETH and ERC20 tokens, as it depends on the blockchain network conditions.
As we previously mentioned, depositing using MoonPay takes less than thirty minutes, while making withdrawals may take some time. After all security checks are completed, it can take up to 48 hours for the entire process to be completed.
If you need any kind of assistance, you won’t be happy to know that Monday doesn’t offer too many customer support options. The only thing you can do is visit the “Customer Support Help Centre” section on their website, where you can browse through the FAQ page in order to find the solution to the issue that’s troubling you. You can also use a contact form to address a specific problem, and the customer support team will get back to you as soon as possible.
First of all, MoonPay is a user-friendly service that makes the process of crypto transacting very easy. Players can complete their transactions without visiting exchange platforms and quickly use their cryptocurrencies to make online casino deposits. It’s widely available, offering its customers a wide range of both fiat and digital currencies to choose from. Depositing is done quickly, and although withdrawing is not that fast, it doesn’t influence the overall quality of the service.
You can do that through more than 250 applications, wallets and internet sites. We’ll mention Bitcoin Wallet, ZenGO, Trust Wallet, Bitcoin.com and Bithumb.
Of course, they are. MoonPay uses the highest security measures to collect, process and store all your data. It also implements measures to prevent any unauthorised access to stored information.
As we previously mentioned, MoonPay accepts more than 160 currencies. You can use US, Canadian, Australian and New Zealand dollars, euro, Swedish, Danish, and Norwegian krone, Swiss Franc, UK pound sterling, South African rand and many other currencies.
Unfortunately, yes. There are more than thirty countries and territories where you won’t be able to use this service, including China, Venezuela, Iceland, Ecuador, the US Virgin Islands, states of New York, Rhode Island and Hawaii.