Types of Currancys 820x410 - The Currency Options When Making Casino Deposits

The Currency Options When Making Casino Deposits

Online casino gaming continues to witness outstanding popularity all around the world. Other than diversifying the gaming libraries, more casino sites continue to expand on currency acceptance. It is a way of alluring more players to their sites.

Economizing is a great deal, especially for online gaming. Therefore, most players enjoy a diversity of paying options from their preferable casino sites. More so, free spins and remarkable welcome bonuses are increasing the popularity of iGaming.

There is a wide range of currencies across the world, so it is crucial to understand what is more convenient for you, both in terms of ease and financial security. Furthermore, some casinos accept bitcoins as a form of currency. Such deposits are a significant safeguard to your financials since you do not have to fill in the details of the bank.

How to Select Your Gaming Currency

After you sign up for a casino, it is a requirement that you select a currency and a payment method. Since it is a default option for that particular site, you must choose the currency you have easier access to.

If you are always on the move, especially between countries, always ensure that the casino will allow you to change a default currency once you finish with the registration. Such options will not require you to convert money beforehand. Instead, you can simply bank the currency of your current country.

However, some casinos do not have faster ways of changing money or require a fixed currency. Such casinos will cost you extra money in the long-run through currency conversion charges.

Shop around for money converting services such as TransferWise, or use e-wallets like Neteller, Skrill, and PayPal. Even though they will charge such transactions, they offer cheaper rates than the casinos.

Cryptocurrencies are increasingly becoming popular amongst players, given that they do not require conversation.

Before you sign up at any online casino gaming platform, you must look into the currency options that they offer. There are two major types of casinos when it comes to this, Single Currency Casinos and Multi-Currency Casinos.

Single Currency casinos, a large number of the clients are from the country so that they will offer just one currency option. For instance, the pound sterling is the only way to deposit or withdraw funds at most of the British casinos.

Even though such casinos will cater to players from other countries, it is not preferable. It is an ineffective gambling option since there are extra currency conversion rates. Shop around for casinos that will allow you to deposit in your preferred currency.

Many players are embracing multi-currency casinos since they allow for deposits in a second currency.

For players who are constantly on the move or individuals who deal with different kinds of cash, this feature allows them to place bets in several currencies.

Such a feature has several means of working. The most common method involves splitting a players’ e-wallet to hold the two currencies separately. A player can switch between the two when they play.

Alternatively, the casino can blend the two currencies by applying conversion fees. It is an automatic feature that prompts the user for approval. Before signing up, make sure to check how the multi-currency feature works at the casino.

Your native currency may seem like a natural option, but given the drastic exchange rates, it will be better to convert your money before playing. Be keen on the exchanges to determine whether it will be worth converting your money. At the moment, most casinos are accepting GBP and CAD.

Currency Options

Canadian Dollar

Players who prefer their betting funds in Canadian dollars will prefer to play at Canadian casinos. However, most casinos accept this currency option. For those that don’t, the casino will automatically convert the money into a currency that it offers.

Currency exchange may prove to be complex, confusing, and, more often than not, expensive. Most Canadian gamers will prefer either Canadian casinos or multi-currency casinos with CAD option.

Great British Pound

The GBP is amongst the top currencies that most casinos use. Great Britain Pound is an international option since Brits are all over the world. Therefore, for British residents, they do not have to hassle with currency conversions every time they want to play. The universality of the Great British Pound eliminates the unnecessary loss of money that occurs during currency exchange.

American Dollar

Over the years, the popularity and the strength of the US Dollar have been declining, having been surpassed by the Euro. Nonetheless, a lot of casinos all around the world still offer the US dollar as a currency option. Such a possibility is alluring to thousands of Americans living outside the country.

Australian Dollar

As online gambling continues to spread throughout Australia, casinos are beginning to embrace the Australian Dollar in their currency options. As such, Australian residents can easily gamble in casinos in other continents without much struggle.

South African Rand

Recently, the South African Rand has been experiencing a steady upsurge on the online casino gaming platform. Many European casinos are warming up to the rand.

New Zealand Dollar

New Zealand online gaming has grown significantly over the years, making up a substantial part of the gambling market. Since New Zealanders are no longer a minority in this field, the New Zealand Dollar is available at almost all online casinos across the world. The residents are heavily invested in gambling, and they input a lot of time online. A player at a non-NZD casino may suffer immense losses just from conversion charges.

Many online gaming casino platforms across the world offer international payment options to accommodate as many players as possible. Most popular and easily accessible payment options include:

Visa– other than being universally available, is a convenient paying option for depositing and withdrawing cash at casinos.

Neteller– it is one of the most popular e-wallets with players. It offers fast and secure transactions.

Skrill– this service has well over 10.8 million users. Any player with an email can send and receive money in real-time.

PayPal– with over three decades in the industry, PayPal is the most preferred online payment system. People with personal accounts can receive up to $100 per month at zero charges.

Bitcoin– over the years, crypto-currency has steadily grown into the best money alternate option, and many casinos are embracing it. Bitcoin is the most popular variation, being the first decentralized e-currency. Unlike most of the other payment options, there are no intermediary steps between transactions.

Eco card– this instant deposit method supports both withdrawal and deposit options. Even though you can make an online transaction, you can use the pre-paid card to make purchases offline.

The Paysafe card is a deposit only e-wallet that allows you to make online payments in pre-paid mode.

Ukash– this is a deposit only e-wallet that requires a specific code to spend cash online. This feature makes Ukash safer than most payment options. For a player to make an instant deposit, a voucher is mandatory.

Entropay– this service offers virtual visa cards to the users. This payment option holds no debt risk since it is a pre-paid service. Furthermore, any player is free to use Entropay regardless of their credit history.

SkyCity Online Casino Deposit

SkyCity Online Casino Deposit Options

SkyCity has recently launched their own online casino for New Zealanders and the feedback is that it may well be the best casino for Kiwis. The fact that SkyCity’s online casino has received such a positive review in NZ should not come as a surprise to seasoned gamblers as the SkyCity Auckland is already the premier offline gambling destination in New Zealand.

The SkyCity online casino is run independently of of the Aukland based casino but there has clearly been some input from the professionals as the online casino seems to have addressed so many of the problems that Kiwis encounter when at other online casinos.

In this article we will go through the basics regarding setting up an account at SkyCity, how to make a deposit, how to claim the new player welcome bonus and why we recommend playing at SkyCity.

SkyCity Online Casino Sign Up

SkyCity offer a simple sign up process for Kiwis, allowing players a standard casino registration process that they are already familiar with or an expedited process where New Zealanders can use their NZTA Driving license to shorten the registration process.

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The sign up process requires you to verify your email, so make sure you use a valid one!

How to Deposit at SkyCity Online Casino

Depositing at SkyCity is made really simple. The casino offers all the most popular payment methods available at other casinos such as:

  • Credit Card
  • Neteller
  • PayPal
  • Paysafe card
  • POLi

The casino allows for a minimum deposit of $10 and your first deposit can be doubled with SkyCity’s 100% welcome bonus. (see more $10 deposit casinos in New Zealand.)

Claim SkyCity Casino Welcome Bonus

To claim the SkyCity welcome bonus, players must select their welcome bonus when making their deposit in the cashier section of the casino website.

New casino customers will be presented with a drop down box when making their first deposit. One of the options if the drop down will be to claim the welcome bonus. Your 100% deposit match will automatically be applied when selecting this option.

All new customers that have successfully deposited at SkyCity will then be able to claim 10 free spins a day for the first 7 days after making their first deposit. These free spins expire after 24 hours, so make sure you log in and use them each day for the first week or you will lose them.

Benefits of Playing at SkyCity’s Online Casino

We recommend playing at SkyCity’s online casino because it is the first casino we have come across that is specifically tailored for the Kiwi casino players’ needs. They offer a reasonable and easy to understand welcome bonus, they allow players to play in New Zealand dollars, they allow for a quick registration using your drivers license and most importantly they are a safe online casino for New Zealanders.

We have sourced some of the information within this article from the following sources:

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4 Things to Consider When Researching Deposit and Withdrawal Limits at Online Casinos

Follow these tips to guarantee you can enjoy flexible deposits and withdrawals at your online casino.

Look for online casinos with flexible withdrawal conditions

postimage 4 Things to Consider When Researching Deposit and Withdrawal Limits at Online Casinos Look for online casinos with flexible withdrawal conditions - 4 Things to Consider When Researching Deposit and Withdrawal Limits at Online Casinos

You should search for online casinos that allow you to easily withdraw varying amounts, whether they are bigger or smaller. You will also likely appreciate if the site permits that you cashout frequently. You can find all the information pertaining to this on the platform’s terms and conditions.

Avoid making big deposits

postimage 4 Things to Consider When Researching Deposit and Withdrawal Limits at Online Casinos Avoid making big deposits - 4 Things to Consider When Researching Deposit and Withdrawal Limits at Online Casinos

Don’t make a deposit bigger than the maximum withdrawal limit that the online casino has set. That way, if you change your mind and decide to collect the money that you have deposited, you can do it in one go.

Look for low Deposit Casinos

postimage 4 Things to Consider When Researching Deposit and Withdrawal Limits at Online Casinos See if you can negotiate - 4 Things to Consider When Researching Deposit and Withdrawal Limits at Online Casinos

It is important to find online casinos that will allow you to make low deposits. This lets you deposit a small amount and test whether or not the casino will let you withdraw your winnings. You can find a comprehensive list of minimum deposit casinos in New Zealand at https://bestnewzealandcasinos.com. This website provides both deposit and withdrawal limits from all of the top online casinos in New Zealand.

See if you can negotiate

Let’s imagine the best possible scenario: you hit a huge jackpot while gambling at the site. To collect your winnings in a way that respects the maximum withdrawal limit, you would perhaps have to do it in several instalments and wait weeks or months before you could use the entirety of the amount.

Maybe you would need to have quick access to the entire value to make a purchase or an investment you have been thinking about. In cases like this, contact the customer support at your online casino and see if they are willing to give you clearance to withdraw the massive amount all at once.

If needed, negotiate the exception by assuring the site that you would be willing to be restricted with tighter amount and time withdrawal limits for the next few months.

But be aware that if you don’t actually need to cashout the whole jackpot in one sole transaction, it’s probably much more beneficial if you don’t.

Consider the betting limits for the games

postimage 4 Things to Consider When Researching Deposit and Withdrawal Limits at Online Casinos Consider the betting limits for the games - 4 Things to Consider When Researching Deposit and Withdrawal Limits at Online Casinos

The betting limits for the different types of games at online casinos are an important, but often overlooked aspect to take into account.

If you play on a budget and expect that the platform allows you to withdraw small amounts, you will want to choose the games that match your budget.

Gambling sites commonly offer a multitude of games with bets of 1 dollar or less, whether you prefer to play slots, blackjack, roulette, or many other options. When it comes to the slots, it is not rare that you are allowed to bet merely $0,01 per spin.

Choose the sites that let you deposit and withdraw as freely as possible!

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4 Things You Should Know About Setting Deposit Limits at Online Casinos

Almost every online casino allows you to set up a deposit limit for your account. This feature helps you manage your bankroll and your gambling habits.

How to set a deposit limit

postpage image 4 Things You Should Know About Setting Deposit Limits at Online Casinos How to set a deposit limit - 4 Things You Should Know About Setting Deposit Limits at Online Casinos

A good gambling site will let you set up daily, weekly or monthly deposit limits. The limit is the maximum amount of money you will be able to deposit during a certain time period.

Duration of the deposit limit

postpage image 4 Things You Should Know About Setting Deposit Limits at Online Casinos Duration of the deposit limit - 4 Things You Should Know About Setting Deposit Limits at Online Casinos

The deposit limit you set will keep on running until you decide to alter it or remove it. In terms of the daily deposit limit, it either resets at midnight or at the time you have set it.

When it comes to the weekly and the monthly limits, they typically reset in the beginning of the day on which the respective time frame is over. For example, if you set a weekly limit on a Friday, it will reset once the following Friday starts.

Why setting a deposit limit?

postpage image 4 Things You Should Know About Setting Deposit Limits at Online Casinos Why setting a deposit limit - 4 Things You Should Know About Setting Deposit Limits at Online Casinos

A deposit limit restricts the amount of money you are allowed to cash in to your account during a given period of time.

It is a useful tool that helps you fully take control over your money and manage your bankroll appropriately. It will also aid you in the effort to not let your gambling habits turn into something problematic.

Changing the deposit limit

postpage image 4 Things You Should Know About Setting Deposit Limits at Online Casinos Changing the deposit limit - 4 Things You Should Know About Setting Deposit Limits at Online Casinos

You can change your casino deposit settings for both the time periods and the amounts of money. However, in most cases, the changes you make will not manifest themselves in practical terms immediately.

Commonly, those alterations will only be applied when the daily, weekly or monthly limit reaches the time to reset. The process varies on speed and simplicity depending on whether you are raising or decreasing the deposit limit.

If you want to be able to deposit bigger amounts over a time frame, specific bureaucratic measures by authorities or the online casino itself might come into play. This happens mainly as a way to prevent any risk of problem gambling.

On the other hand, if you wish to lower the maximum limit for deposits, the changes will be easily and swiftly activated.

Don’t forget! Just as you wish to be able to benefit from flexible withdrawal limits, you need to think about the advantages of setting a maximum amount of money for deposits.

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The 2 Payout Methods that Allow Fast and Low-Limit Withdrawals

Do you wish to withdrawal as little or as much money as you want from your online casino account, while assuring the process is reliable and hassle-free?

Well, a great part of that depends on the gambling site you choose. But some forms of cashing out allow for faster withdrawals and lower limits. Which are they?

Debit and credit cards

poatspage image The 2 Payout Methods that Allow Fast and Low Limit Withdrawals Debit and credit cards - The 2 Payout Methods that Allow Fast and Low-Limit Withdrawals

Most online casinos allow players to process payments with several different brands of debit and credit cards. Gambling sites tend to offer, at least, three options. The most common are VISA, MasterCard and American Express. Other popular brands include Discover and Diners Club International.

As you would expect, the package of benefits, conditions and costs varies according to the brand, and even within the same brand, depending on each type of card. Generally speaking, however, depositing and withdrawing at online casinos with debit and credit cars is incredibly convenient and secure.

The limits for withdrawing are typically very low, and you are allowed to cashout varying amounts whenever you wish. For example, through a wire transfer, you would not be permitted to make a transaction of merely 10 dollars to your account. But with a debit or credit card, you can. The withdrawal limits are truly low.

Relatively fast, the money will be available in your card for you to use. Of course, that depends on the specifications of both the online casino and your card. But it rarely reaches five days or more. Most times, the money is ready to use within one or two days.

In terms of the fees, they are usually minimum. Sometimes, they are inexistent. When applied, the fees almost never surpass 3% of the transaction value.

E-Wallets

poatspage image The 2 Payout Methods that Allow Fast and Low Limit Withdrawals E Wallets - The 2 Payout Methods that Allow Fast and Low-Limit Withdrawals

This method has been increasing in popularity among gambling site players. Put simply, e-wallets come in the form of online services, and occasionally, electronic devices, that are used to complete transactions on the Internet.

Currently, the most popular e-wallets are PayPal, Skrill, Neteller and EcoPayz. As a system, an e-wallet is capable of storing information pertaining to different types of cards and banks in one single account. And you can also use them to store money.

You can link your e-wallet to your bank account or set it up independently. This solution is extremely safe and simple. The processing of withdrawals to e-wallets is really fast, not to mention, incredibly flexible in terms of cashout limits.

Keep our tips in mind when choosing how you want to withdraw your money from your online casino account.

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The Top 3 Online Casinos with Low Withdrawal Limits

Nowadays, many gambling platforms offer free withdrawals, low limits for deposits and payouts, fast transactions, and a wide range of banking options.

The beauty of the online casinos we are about to recommend is that, in all of them, you are free to withdraw as much as you want and as regularly as you wish.

William Hill

William Hill is one of the largest and most reputable online casinos out there. It is a perfect option for both experts and beginners, high rollers and budget gamblers.

The site flaunts more than 500 of the best games, and even includes special sections for poker, bingo and sports betting.

Besides permitting you to withdraw any amount anytime, William Hill also offers a very appealing minimum deposit limit. You only need to cash in 10 dollars at a time. Actually, that is the requirement for all three casinos on the list. The maximum welcoming bonus is 300 dollars.

Guts Casino

The gaming selection at Guts Casino is exceptional. The customer support stands out and the reputation of the site is pristine. The catalog includes slot machines, card games, stake tables, progressive jackpots and even live gambling. In total, Gut Casinos offers approximately 130 games.

The platform is impeccably designed and runs smoothly on mobile devices. The team behind Guts Casino focuses on assuring one of the fastest payout speeds around the web. The minimum deposit requirement is 10 dollars and the sign-up bonus is 100 dollars.

Spinit Casino

Spinit Casino is a fairly recent gambling site. Its main priority is providing players with the best possible mobile experience. The collection of games is incredibly large and diversified. Spinit Casino offers more than 1300 games.

The deposits and withdrawals are outstandingly fast and secure. As a welcoming bonus, you get to be awarded up to 200 dollars and 200 free spins.

With these three fantastic online casinos, you will never have to worry about withdrawal limits again. You are in control of your payouts!

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What You Need to Know About the Processing of Deposits at Online Casinos

Once you finish the registration process at the online casino of your choosing, it’s time to make your first deposit. It will allow you to finally join in on the real-money action.

postpage image What You Need to Know About the Processing of Deposits at Online Casinos real money - What You Need to Know About the Processing of Deposits at Online Casinos

During the registration procedures, pay attention to the currency you select for your deposits. Most online casinos allow you to change that setting if you realize you have selected the wrong currency. However, if you start playing before noticing it, you may then incur in extra fees to convert the currencies.

Nowadays, the deposit process is extremely simple in virtually any online casino. You need to log into your account, enter the digital cashier and click on the deposit button. You will see a list of the available deposit options. Choose your method of preference.

Most times, you have to insert the amount to deposit, fill in your banking details and click confirm. If you wish to process your deposit through online banking, you will be sent to the website of your institution. Then, you just need to log into your banking account and follow the steps.

postpage image What You Need to Know About the Processing of Deposits at Online Casinos What You Need to Know About the Processing of Deposits at Online Casinos - What You Need to Know About the Processing of Deposits at Online Casinos

When it comes to depositing with debit or credit cards, you will much likely be asked to enter your card number, the expiry date, the names of the card holder and the bank, and finally the CVC number shown on the back of the card. Only then, will you be asked to insert the amount of money you wish to deposit.

In today’s online gambling landscape, most deposits are processed instantly and you will be able to immediately start using the amount as play money. You just need to confirm you have done the transfer when you receive the email from the online casino operator.