Binance Casinos

Cryptocurrencies are, without a doubt, the future of online gambling transactions, with more and more players deciding to choose them over traditional banking methods; and Binance is the solution you need to use in case you’re interested in transacting in crypto across online casino sites. This is the world’s leading crypto exchange platform that every crypto enthusiast knows about, which has grown to become a listed payment method across many online casino sites that offer crypto. It gives you the opportunity to not limit yourself to only one digital currency for your deposits and withdrawals, but to use as many as you wish, depending on your current mood. That’s right, that’s how convenient the solution is, so if you wish to know more about it to eventually start using it across the many online casinos that offer it, stay tuned. What is Binance and why decide to use it as your payment method across online casinos?

About Binance

Chanpeng Zhao (CZ), the former CEO and co-founder of Binance, launched the exchange platform in 2017, July, and being a great entrepreneur with an unrivaled track record of successful startups, managed to grow it into one of the largest digital asset exchanges in the world by trading volume, in just 180 days! Along with Yi He, the second co-founder, who leads marketing, branding, and business strategy on the platform, they managed to take the platform to another level, making it the most trustworthy and respected leading blockchain ecosystem.

Its co-founders having extensive experience and knowledge in cryptocurrencies, made it the solution’s mission to be the infrastructure provider for digital currencies of the future, and so far, it is more than achieving it. With over $65 billion average daily volume in transactions, its platform is trusted by millions across the globe, mainly because it features an unmatched suite of financial product offerings, including the largest digital asset exchange product.

Users are at the heart of everything the solution does, so user protection is its top priority. It has embedded state-of-the-art security measures and privacy controls across the entire ecosystem, while working hand in hand with regulators to meet the highest standards for regulatory compliance. That’s why over 170,000,000 users are trusting it daily to handle their money and assets. In fact, the team behind it believes that everyone should have the freedom to hold, earn, spend, give, and share their money, no matter who they are and where they came from; that's how the solution has earned the trust of so many users.

And, having learned what you have so far, it should come as no surprise to you, having in mind how popular cryptocurrencies are across the online gambling industry, that this solution is offered as a payment option across many online casino sites that wish to cater to crypto enthusiasts in the best way possible. If you want to learn how to get started with it in order to use it yourself, stay with us, as next, we’ll cover exactly that.

Getting Started with It

Considering this is a solution you’d use to transact using cryptocurrencies, it goes without saying that you don’t really need to be a bank account holder to use it. In fact, being a completely alternative solution, all you need to do is register an account with it to use it, a Web3 Wallet account.

So, just go to its official website, enter your phone number or email address, and register your account by providing some basic personal details, or connect with it via your Google Pay or Apple Pay eWallets. Alternatively, you can download its app first and then create your account; your options are plenty. With that, you’ll be a registered user of the digital marketplace that will enable you to buy and sell all kinds of cryptocurrencies, like Tether, Bitcoin, and Ethereum.

The next step, of course, would be funding your account with money. To do that, you can use Google Pay or Apple Pay, of course, but also any credit or debit card you might already have. You just have to link your chosen payment method and go through the mandatory Identity Verification before you start using your new account.

Once all that is settled, you can proceed by buying the crypto you wish to use, using fiat currency. We should mention right away that all mainstream fiat currencies are your options, so you might even avoid conversion fees and purchase your cryptos using your native currency.

Now that you know how easy it is to get started with, let's see what you need to do to start using Binance for your online casino deposits and withdrawals.

How to Deposit with Binance at an Online Casino?

Considering this is the largest crypto exchange by trade volume and such a convenient payment solution to offer to crypto enthusiasts interested in playing online casino games, Binance has managed to get listed as one of the top payment methods across hundreds of online casinos. Digital currencies have a major advance in the industry, so operators love offering it as it is easy to get started with and use, and as easy to integrate with to offer it as an accepted payment method. For you, as a player, this means that you won’t have any difficulties when trying to locate the site to join, as many accept it.

So, your first task would be to find the best casino for you to join. Next, you’d need to register an account with it and log into your player profile. To make a deposit with Binance, do the following:

1. Head over to the Deposits section on the Banking page of your player profile.
2. Look for Binance’s logo and select it as your default payment method.
3. In a new tab, log into your Binance Web3 Wallet account.
4. Select the crypto you’d want to use and the amount of funds you’d like transferred to your casino balance.
5. Enter the casino’s address in the designated field.
6. Confirm the transaction and you’ll see the funds arriving immediately.

How to Make Withdrawals with It?

Withdrawals with it are also possible and even easier to request. All you have to do is select it as your Withdrawal method, and then enter your Web3 Wallet account, press the Receive button, and choose the crypto you wish to receive, and the amount you wish to cash out. A token address and a QR code will appear, which you need to share with the operator.

You should remember to double-check the address when requesting a withdrawal, to avoid losing your funds, since transactions with this solution will be irreversible, just like they are with any other crypto solution.

Applicable Fees

A gas fee will apply each time you’re transacting with your Binance Web3 Wallet. What happens is that this is something like a basic transfer cost that is charged by most cryptos.

It is usually only a very small fraction of the entire amount that needs to be transferred, so you’ll barely notice it, but it is important to know it is there.

Online casinos won’t charge you extra for choosing to use the solution for your deposits and withdrawals, though, so that’s a plus.

Accepted & Restricted Countries

The solution is accepted all over the globe, in over 180 countries, meaning no matter your country of residence, you should probably be able to use it.

However, bear in mind that some countries have taken a stance against cryptocurrencies, like Russia and China, so in that case, you’d need to stay away from this solution, and look for an alternative to use for your online gambling transactions.

Available Currencies

We already established that Binance, being a leading exchange platform, accepts all the mainstream currencies, meaning you can even be able to use your native currency to purchase your coins.

The US dollar, the euro, the Russian ruble, the Turkish lira, the Indian rupee, the UK pound are just some of your options, but explore all of them, and you’ll see that the solution supports plenty of fiat currencies.

As far as cryptos you can buy and exchange, we already mentioned a few, but you also have AltLayer, Solana, XRP (Ripple), its own Binance Coin (BNB) and over 350 more options.

Customer Service & Support Options

Binance promises 24/7 Customer Support in 40 languages; you can rest assured that its team is made of professional agents who are there to assist you with anything.

You can explore its Help Center to get a self-service, meaning explore its FAQs pages by yourself, to see whether you’d find the answers you need, or, you can press the yellow Support button found in the right bottom corner of the homepage, to get in touch with its agents via a Live Chat.