Online gambling has gone on to increase manyfold. According to a study, the online casino or gambling market is expected to reach 7.61 billion by 2028! These games offer different benefits in comparison to traditional offline gambling.
With the advent of smartphones, the stagnant casino market got great propulsion. But probably the best thing that you have with the online game is that you can use Cryptocurrency to play the games. Do you have Casino E-Wallets with you?
These wallets offer you to deposit and withdraw funds while you play your favorite real money slots. But, at the same time, you also need to convert the cryptos into fiat currency. There you need a Crypto converter. The article will discuss some of the best Crypto converters to convert currency from Casino E-Wallets to fiat money.
What Is An E-Wallet?
Let us understand the concept simply. Where do you keep the fiat currency? You keep them inside your wallet. But the money is digital; at that time, you need digital or E-Wallets to store your money. Now, why do you need E-wallets?
Suppose you are playing in the casino. You need to deposit or withdraw funds with Anonymity. That time the Casino E-Wallets can help you serve your purpose.
What Are The Benefits Of E-Wallets?
There are different benefits of e-wallets. If you know the benefit of Casino E-Wallets, you can draw out the relationship with online casinos.
1. Fast Deposit and Withdraw
While you are engaged in online Casino games, you need to deposit and withdraw funds quickly. With the Casino E-Wallets, you can do it better compared to some other ways. Cryptocurrencies are backed by the Blockchain. Therefore, they can complete the transaction in less time compared to third-party payment systems.
2. Secure Payment
Casino E-Wallets can help you pay safely to someone at the casinos. This is because you know that the records in the Cryptocurrency are immutable. Hence payment turns secure and transparent.
3. Cheaper Than Traditional Banks
If you compare keeping Cryptos in the eWallets and keeping fiat currency in the traditional bank, the former is cheaper, way cheaper compared to later.
4. Access You Account via smartphones
You can operate your E-wallet with your smartphone. This is the biggest advantage that you get with e-wallets. One notable e-Wallet is the bonus888 ewallet. With the e-Wallet you can play or engage in several online games.
How To Select The E-Wallets For Playing Online Casinos?
By this time, you have already established the connection between the Casino E-Wallets and online gambling. However, there are certain things to consider while you are selecting e-wallets.
1. Countries Supporting The E Wallets
Remember, all the E-Wallets are supported Internationally. Some of the Casino E-Wallets are supported in all countries. On the other hand, all the other e-Wallets are supported in a few destinations. Therefore select the e-Wallet that supports all the nations.
2. First Deposit Bonus
Certain exchanges offer online bonuses for your first deposit. But on the other hand, certain online gambling centres do not offer bonuses on the first deposit. Therefore it’s not hard to tell which one has to be your original choice.
3. Accepted By The Casinos
While you are going with online casinos, you need to keep in mind the point of acceptance. Therefore, selecting the Casino E-Wallets that are accepted in online gambling is better. Otherwise, the ultimate objective won’t be fulfilled. So keep the point in mind before you get your E-Wallets.
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The Top Crypto Converter In The Year 2022
Now that you are winning the Cryptos in your E-Wallet, you need to convert them into fiat currency. This is how you can make the best use of the prize money that you win through gambling. There are different tools that can facilitate your crypto conversion into fiat currency. Therefore let us discuss the best ways through which you can convert your Cryptocurrency into fiat currency.
There are many crypto converters that you have. But among the best ones, you have the Bitstamp. There is one idea why you consider Bitstamp before some others.
Bitstamp is such a tool that facilitates your Crypto withdrawal from the Casino E-Wallets with minimum fees. Moreover, there is no limit to withdrawing Crypto into fiat currency. This is an advantage that you get with Cryptocurrency.
CEX is among the most trusted platforms for Crypto trading. Just like Bitstamp you can also use the CEX platform to withdraw unlimited amounts of Cryptocurrency into fiat currency. With the help of certain payment methods like S.W.I.F.T. and Sepa, you can facilitate things.
The service charges for withdrawing the crypto coins can be very cheap compared to that of the other modes, especially the third-party payment systems. Another advantage that you have with Cryptocurrencies is that it supports different Cryptocurrencies.
Kraken is also one of the exchanges where you can convert your Cryptocurrencies into fiat currency. How much you can withdraw depends on your execution levels. There are four verification levels, and they include the starter, the express, the intermediate and the pro.
The advantage that you have with Kraken is that it facilitates the conversion of Cryptocurrency from Casino E-Wallets to fiat currency.
When you are discussing the conversion of Crypto into fiat currency, you have to make a reference to Okcoin. This is because the platform started developing in North and South America.
The best thing that you have with this platform is that you pay no money upon converting Cryptocurrency into fiat currency. You have your conversion, and the transactions speed well within the range of five days.
This one is usually recommended for the ones who have started to trade on Cryptos and online gambling. The changes that you have to pay range from 0.50% to 2%. The fiat currencies that can be supported with the coinbase include EUR, GBP and the USD.
Bringing The Discussion To The Close
To bring the discussion to a close, one can say that online casino gambling is far more pronounced compared to offline gambling.
This is because online gambling supports Cryptocurrencies, and converting your Crypto from Casino E-Wallets to fiat currencies requires tools that are mentioned above. Therefore gamble safely.