CoinsPaid Casinos: How They Work and The Best CoinsPaid Casinos 2024

Nathan Reynolds

CoinsPaid casinos are fast becoming the go-to for savvy punters across Australia.

This innovative payment method is on the rise thanks to its security, speed, and simplicity. You can access over 30 cryptocurrencies, including Bitcoin, Litecoin, Ethereum and Tether and convert them into over 20 fiat currencies.

Plenty of online casinos accept CoinsPaid, but how do you know which ones are the best? That’s where our experts come in. We’ve compiled a list of the best CoinsPaid casinos for you!

We’ll also explain everything you need to know about this payment method, including how to deposit, withdraw, and more.

Let’s get started with the latest and best CoinsPaid casino sites.

The Best CoinsPaid Casinos 2024

What is CoinsPaid and What Are CoinsPaid Casinos?

CoinsPaid is a cutting-edge crypto payment gateway making waves in online casinos.

Like other digital wallets, it lets you deposit and withdraw funds easily, but with the bonus of crypto security and speed.

Think of it as the digital currency equivalent of popular e-wallets. But it focuses just on crypto payments.

A CoinsPaid casino is an online casino that accepts this payment method. Giving you a secure, fast, and convenient way to manage your gaming funds.

Check out their official website for a closer look at how CoinsPaid revolutionises online transactions.

How to Make a Deposit at Casinos with CoinsPaid

Depositing at a CoinsPaid casino is easy. It combines the convenience of digital transactions with the speed of cryptocurrency. Before you can make a deposit, you need to create a CoinsPaid wallet (see below for more info).

When you’re ready, follow these steps:

  1. Choose a CoinsPaid online casino: Check out our list of recommended online casino brands accepting CoinsPaid and sign up.
  2. Select CoinsPaid as your deposit method: Head to the cashier section of your chosen online casino and pick CoinsPaid from the list of payment options.
  3. Enter your deposit amount: Decide how much you want to chuck into your account and enter the amount.
  4. Confirm the transaction: Follow the prompts to confirm your deposit. You’ll be presented with a wallet address or QR code specific to your casino account. Head over to your CoinsPaid wallet, and send the amount you want to deposit to that address.

How to Withdraw Money from Casinos with CoinsPaid

Cashing out your winnings via CoinsPaid is a breeze, ensuring you get your dough without the wait. Here’s the process:

  1. Log into your account: Like deposits, you’ll need to be logged into your casino account before you make a withdrawal to your CoinsPaid wallet.
  2. Choose CoinsPaid for withdrawal: Navigate to the casino’s withdrawal page and select CoinsPaid as your withdrawal method.
  3. Enter the withdrawal amount: Type in the amount you wish to withdraw.
  4. Confirm and Wait: Confirm your withdrawal details, and you’re good to go!

How Long Do Withdrawals Take With CoinsPaid Wallet Transfers?

The processing time at crypto casinos varies but usually within 24 hours. Often, the transfer can be instant. Gambling sites have their own unique policies and processes so it’s worth checking out their terms and conditions.

Is it Safe to Use at Online Casinos?

Absolutely, using CoinsPaid at online casinos is as safe as houses.

Here’s why:

Why Use CoinsPaid at Online Casinos?

Opting for CoinsPaid at online casinos gives you lightning-fast transfer speeds and state-of-the-art encryption to keep your info safe. Plus, it’s easy to use with straightforward deposits and withdrawals.

On the other side of the coin, the value of crypto can swing wildly, which might not suit every punter.

If you’re after speed and security and are comfortable with crypto, CoinsPaid is a great choice. However, if stability and simplicity are more your speed, traditional payment methods might be more up your alley.

Pros & Cons with CoinsPaid Casinos

When considering CoinsPaid as your go-to for online casino transactions, weighing up the good with the not-so-good is crucial. Here's the lowdown:

Pros

  • It processes deposits and withdrawals at breakneck speeds.
  • Leveraging cutting-edge encryption, CoinsPaid offers high security.
  • CoinsPaid provides anonymity, keeping your gambling activities private.

Cons

  • Crytpo's fluctuating value can impact your casino balance.
  • The initial setup of CoinsPaid and how it works can be daunting.
  • Transfers are irreversible.

Limits, Fees, and Costs Associated with CoinsPaid

We’ve done a deep dive into CoinsPaid to discover the limits, fees, and costs.

Our goal is to give you a clear picture of what to expect when you choose CoinsPaid for your online casino transactions.

Is There a Deposit Limit and What Are the Fees?

CoinsPaid offers flexible deposit limits.

How much you can deposit at a CoinsPaid casino is set by the casino rather than CoinsPaid. Several online casinos will require minimum deposits to sign up, usually around $10 to $20.

As for fees, CoinsPaid charges a transparent transaction fee (of less than 1%), which is low compared to traditional fiat processors. The integration is completely free, with no markups or hidden costs.

Most crypto casinos won’t charge you anything to make a deposit into your casino account.

Is There a Withdrawal Limit and What Are the Fees?

Withdrawal limits via CoinsPaid can vary. These are set by the casino’s policies rather than the payment method.

While CoinsPaid offers seamless withdrawals of any amount, casinos may set caps per transaction. You might need to split larger winnings into multiple withdrawals to access your cash.

Generally, CoinsPaid doesn’t levy fees on withdrawals, but be mindful of potential currency exchange fees or specific casino-imposed charges. Most often, casinos absorb any transaction fees, offering free withdrawals to players.

Based on our experience, it’s always wise to check the specific terms at your online casino to understand the full scope of withdrawal limits and fees.

Other Limits and Fees

There are zero monthly fees with CoinsPaid.

There’s no maximum limit on how much you can hold in your CoinsPaid account, offering flexibility for managing large balances. However, CoinsPaid doesn’t pay interest on the balances held.

Features and Apps

We’ve researched the features and apps associated with CoinsPaid, exploring the tools and functionalities that can improve your online casino experience.

Let’s take a look.

Features

While CoinsPaid doesn’t support traditional chargebacks (like all cryptocurrencies), it does offer a complaint service to address any issues you might encounter.

Leveraging blockchain technology, CoinsPaid provides high levels of security and transparency. Their website highlights its commitment to innovation, with features designed to streamline the online gambling experience, making it secure and user-friendly.

Mobile App

CoinsPaid offers a mobile app that gives you convenience and accessibility on the go.

The app lets you manage your cryptocurrency payments directly from your phone, with a seamless interface for crypto deposits and withdrawals at online casinos.

Features include real-time balance tracking, transaction history, and secure authentication methods. Making managing your casino funds easy and secure.

How to Sign Up at CoinsPaid

Signing up for CoinsPaid is a straightforward process.

Here’s a step-by-step guide to get you started:

  1. Download the app: Visit your chosen app store to find the CoinsPaid personal crypto wallet.
  2. Sign-up: You’ll need to sign up for CoinsPaid, which will generate a CoinsPaid wallet address you can use for all transactions.
  3. Complete KYC Process: For security reasons and to comply with regulatory standards, CoinsPaid may require you to complete a Know Your Customer (KYC) process. This could involve uploading identification documents and providing additional personal information.
  4. Set Up Security Features: Enhance the security of your account by setting up two-factor authentication (2FA) and any other recommended security measures.
  5. Start Using CoinsPaid: Once your account is set up and verified, you can start using CoinsPaid for your online transactions.

KYC

Yes, CoinsPaid implements a KYC (Know Your Customer) process to ensure the security and legality of transactions. This process involves verifying your identity before fully utilising the account for transactions.

Typically, you’ll need to provide:

Online casinos using CoinsPaid as a payment method also adhere to their own KYC procedures. So you may have to provide similar documentation to the casino to help prevent fraud and comply with regulatory standards. This helps provide a secure environment for you, the payment provider and the casino.

How We Rate CoinsPaid Casinos

To ensure you’re getting a top-notch experience with CoinsPaid casinos, we follow a meticulous casino review process:

CoinsPaid payments available

First off, we check that the casino actually supports CoinsPaid for both deposits and withdrawals.

Easy to transfer

We make transfers to see for ourselves how easy it is - checking for deposits and withdrawals using CoinsPaid.

Customer service knowledge

We get in touch with the casino's customer service team to make sure they have the right knowledge to support questions about this crypto payment method.

Assess limitations

We look at any limitations associated with using CoinsPaid at the casino, such as deposit and withdrawal limits. We make sure they're reasonable and don't restrict your playing experience.

CoinsPaid Casino Bonus Promotions

When you use CoinsPaid as your preferred payment method at top online casinos, you are eligible to claim different kinds of casino bonuses, such as welcome bonuses, reload bonuses and cashback bonuses.

We’ve tested all the best bonuses available at CoinsPaid casinos, and here are our top three favourites.

Lucky Dreams Casino

4.16 / 5

Pros:

  • Exciting casino experience.
  • Over 2500 casino games.
  • Low minimum deposit.

Cons:

  • Limited popular payment options vs traditional casinos.
  • Complaints over withdrawal speed.
  • Niche appeal to crypto players.

Lucky Dreams

Lucky Dreams offers new players a very generous welcome package. It’s split across the first four deposits, totalling around $4,000 and 300 free spins.

There are over 2,500 games to choose from, including online pokies, table games, and live dealer options. It features a luxury travel theme, and the site supports cryptocurrencies but has limited e-wallet options. It’s mobile friendly and if you need help there is 24/7 customer support on hand to help.

Cash bonus with 1st deposit $500
Free spins with 1st deposit 100
Wagering requirements 40x / 40x
Terms and conditionsTerms and conditions apply. Play responsibly | 18+

PlayAmo Casino

4.41 / 5

Pros:

  • An impressive collection of 2000+ games
  • Supports crypto and FIAT payment options
  • An exclusive mobile gaming experience
  • Lucrative deposit bonuses and promotions

Cons:

  • Limited regular promotions
  • Restricted in many countries
  • Bonus wagering requirements

Playamo

This casino has a reputation for generous bonuses and promos for Aussie players. Its welcome package is $300 and 150 free spins.

PlayAmo Casino offers over 2,000 games, including pokies, live dealer options and plenty of fun table games. The casino supports both fiat and cryptocurrencies, offers 24/7 customer support, and promises secure transactions. However, it has limited regular promotions available for loyal customers which is a shame.

 

Cash bonus with 1st deposit $500
Free spins with 1st deposit 100
Wagering requirements 50x / 50x
Terms and conditionsTerms and conditions apply. Play responsibly | 18+

Rebellion Casino

3.79 / 5

Pros:

  • 3000+ games to play
  • Crypto friendly
  • Exclusive jackpots
  • Ample payment options
  • Amazing welcome bonus

Cons:

  • No Rebellion Casino app
  • High min deposit for welcome bonus

Rebellion

Aussie players can claim an impressive three-part welcome offer, which is 100% up to $2000 + 100 free spins.

Rebellion Casino offers over 3,000 games, including pokies, table games, and live dealer titles. The casino supports multiple cryptocurrencies and has a rewards program with 30+ levels that’s well worth a look! However, it lacks a dedicated app and has a high minimum deposit for bonuses.

Cash bonus with 1st deposit $2000
Free spins with 1st deposit 100
Wagering requirements 40x / 40x
Terms and conditionsTerms and conditions apply. Play responsibly | 18+

About CoinsPaid As a Company

CoinsPaid is a pioneering force in the cryptocurrency payment sector, known for its robust and innovative solutions tailored for the online gambling industry and beyond.

From 2014 to 2018 CoinsPaid operated as an internal company of Merkelon, a large crypto software company. Due to the growing demand for cryptocurrency payment solutions, they separated into their own companyCoinsPaid - About Us
https://coinspaid.com/about-us/ #
.

In 2020, their main product became its own brand within the ecosystem of CoinsPaid—cryptprocessing.com. In 2022, that brand became the world’s number one crypto payment gateway, processing over EUR700 million in crypto each month.

CEO: Max Krupyshev
Mission: To satisfy the world’s everyday needs using cryptocurrency.
Headquarters:  Tallinn, Estonia
Employees: 200 +

CoinsPaid is a legal and regulated payment method.

It offers secure cryptocurrency transactions around the world. Because it’s regulated, it complies with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations.

In Australia, cryptocurrencies are legal and are monitored by the Australian Transaction Reports and Analysis Centre (AUSTRAC)AUSTRAC - Digital currency (cryptocurrency)
https://www.austrac.gov.au/business/your-industry/digital-currency-cryptocurrency #
. This move towards regulation aims to increase the safety and transparency of using cryptocurrencies, including using crypto wallets.

Does CoinsPaid Disclose Information to Australian Tax Authorities?

CoinsPaid doesn’t share user information with the Australian Taxation Office (ATO) or other tax authorities in Australia.

But if there is a legal request to do so, they’re obliged to provide this info.

Australian casinos using CoinsPaid might not report individual user transactions but could report aggregated data for regulatory purposes. Since gambling winnings are not taxed in Australia, there’s usually no requirement for reporting individual winnings to the ATO unless there’s suspicion of financial crimes.

Responsible Gambling

At AusCasinos, we’re passionate about online gambling. And we’re also a big champion of responsible gambling.

Regardless if you’re making a CoinsPaid deposit or another payment option, make sure you know the risks of online gambling and take steps to prevent addiction.

Conclusion

While it’s a relatively new payment method compared to traditional payment options available at online casino sites, CoinsPaid has a lot going for it.

With rapid transactions, enhanced security, and anonymity, it’s easy to see why, if you’re a casino player, it’s appealing.

It’s an excellent choice if you’re comfortable with cryptocurrency. Giving you a modern and efficient way to manage your gaming funds.

However, the inherent volatility of cryptocurrencies and the learning curve associated with digital currencies might make traditional options a better fit for you.

CoinsPaid offers a great solution for deposits and withdrawals when gambling online if you’re tech-savvy and keen to embrace the future of financial transactions.

CoinsPaid Casino FAQ

Can I use CoinsPaid at all online casinos?

Not all online casinos accept CoinsPaid, but its popularity is growing. Always check the casino's payment options or our list of recommended CoinsPaid casinos to find one that suits your needs.

Is it safe to use CoinsPaid for online gambling?

Yes, CoinsPaid employs advanced encryption and security measures to protect your transactions, making it a safe payment method for online gambling.

Are there any fees associated with using CoinsPaid at online casinos?

CoinsPaid charges a low transaction fee but no monthly fees. However, some casinos might impose their own fees for deposits or withdrawals, so reviewing the casino's payment terms is important.

How fast are CoinsPaid transactions at online casinos?

Deposits with CoinsPaid are usually instant, so you'll get the money in your account within a few minutes. Depending on the casino's policies, withdrawals are also fast, often processed within 24 hours.

Can I withdraw my winnings using CoinsPaid?

Yes, many casinos that accept CoinsPaid for deposits also allow you to withdraw your winnings using the same method, providing a seamless banking experience.

Nathan Reynolds
Nathan Reynolds
Finance Expert
31 Articles
0 Reviews

Nathan is our in house finance expert. He covers everything there is to know about the various payment options available at online casinos, helping you choose the best payment method for you.

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