CoinsPaid Betting Sites

What Is CoinsPaid and How Does It Work?

The CoinsPaid method was primarily designed for business use. However, you can open up a business account or a personal account and easily tailor it to your needs. It has found a great fanbase among online sports bettors, as there's a growing number of betting sites that accept cryptocurrency payment solutions.

As a crypto processing system, it allows you to buy and trade cryptocurrencies. You can do that directly via the hot wallet system CoinsPaid uses. This is the wallet you'll be using at online casinos and sports betting sites. Of course, you'll need to create a CoinsPaid account first, but that's the easiest part of the ordeal.

The whole ecosystem works by delivering key solutions such as SaaS, CoinsPaid media, a hot wallet, an OTC desk, a business wallet, and a payment gateway top of it. All these moving parts work together, creating a unique payment provider that you can use to make deposits or withdrawals at online betting sites. With no processing costs and instant transactions, CoinsPaid has become the go-to cryptocurrency payment solution for bettors around the world.

How Do We Find the Best CoinsPaid Bookmakers?

When we review crypto bookmakers, we take a lot of factors into consideration. The same goes for betting sites that accept crypto payments via CoinsPaid. The licence is the most important thing, of course, but other factors such as transaction limits and times and bonus eligibility are also inspected.

Facts About CoinsPaid Betting

CoinsPaid was selected as the world's top crypto payments gateway. at the EGR B2B Awards in 2023

• The company is always looking to expand to new markets
• It's constantly working on improving its product and services, while staying current with the market
• Hundreds of merchants have already chosen the CoinsPaid platform for crypto payment solutions
• Safety is guaranteed thanks to the blockchain nodes, which can't be broken down
• Exchange rates are in line with the top crypto exchange sites
• Thanks to the cutting-edge tech it's built on, CoinsPaid allows seamless integration with betting platforms

Deposit & Withdrawal Limits & Speed

One of the main advantages cryptocurrencies have over fiat currencies is the speed. We always choose CoinsPaid crypto betting sites with nothing but instant transaction times. That goes for both deposit and withdrawal times. We also check the limits, ensuring the minimum deposit amount is low enough for even new bettors to cover without a problem.

Eligibility for the Bonuses

Unlike some e-wallets, CoinsPaid casinos and bookmakers rarely block this payment method when it comes to bonus eligibility. So users can make CoinsPaid deposits and still get top bonus offers. Restrictions rarely take place at these businesses, which means happier clients. It's always disappointing to see your favourite payment method not being eligible for betting offers, but that's not the case with CoinsPaid.

Transaction Fees

There are no withdrawal or deposit fees when you use CoinsPaid to bet online. Of course, the decision is up to the betting website, but you can always look in another direction if your first choice charges fees, because they shouldn't. Keep in mind that the service itself charges nothing, whether you're making payments in USD via the gateway or you're paying with crypto.

Betting with CoinsPaid

The CoinsPaid betting process is quite simple. It all starts with creating a CoinsPaid account first. You'll need to pick between a business account and a personal account, which suits betting customers more. After confirming your details, you're free to use the service as a new customer. If you want to bet with crypto via the payment gateway, you'll need to buy some first. Store it in your free CoinsPaid wallet, and then you can easily make transactions by scanning a QR code.

Once all of that's done, you can proceed to your favourite bookmaker or casino site and log in with your credentials. Unregistered users can sign up for free in a minute or two. Log in with your credentials, go to the cashier page, choose deposit, pick CoinsPaid, and follow the on-screen instructions.

How to Make CoinsPaid Deposits?

Making CoinsPaid deposits is easy. In most cases, everything’s done on the payments or cashier page, with clear on-screen instructions. Here’s a step-by-step guide to walk you through it:

1. Go to a CoinsPaid betting site
2. Access your profile page and go to the cashier or payments tab
3. Choose CoinsPaid and enter the desired amount
4. Click on deposit to add funds to your account

If your coins don't arrive in 15 minutes, contact the customer support team.

How to Make CoinsPaid Withdrawals?

Withdrawals via CoinsPaid are made automatically. If you made a deposit via CoinsPaid, you will also be able to make a withdrawal. If you're choosing it as an alternative to your deposit option, you click on withdrawal and follow the on-screen prompts.

Alternatives to CoinsPaid Bookmakers

Cards

If you prefer a more stable payment option at online betting sites compared to Bitcoin, credit and debit cards, such as Visa and Mastercard, are a good choice. They can be linked to your bank account and draw money from it with top-notch security that won't disclose your information.

Bank Transfer

Bank transfers are great for high-roller bettors due to the high limits and extreme security measures. Withdrawal times are slow, but that's the price you pay for Fort Knox type of security.

E-wallets

E-wallets are as close as they get to crypto wallets. They are safe, may even accept Bitcoin or other cryptocurrencies too, and can be used at most online casino and crypto betting sites. To learn how to use them, you can check out our detailed online banking guide.

CoinsPaid Betting Conclusion

CoinsPaid is fast emerging as one of the best choices for punters at bookmakers that accept crypto payments. It's safe, fast, and very easy to use, offering several services besides a hot wallet. As one of the leading crypto processing solutions, it should be on your list, especially if you use Bitcoin or any other coins to bet online. Explore more solutions here at Betpack.