Best Deposit Methods for Online Casinos
Finding the Best Casino Deposit Methods is key if you want to play casino games online. You want to get your money in and out with as little hassle and charge as possible and as much anonymity as you can. The list below will give you some information on the different casino deposit methods that are available, their pros and cons, and which sites currently offer them.
Depositing at an online casino using a credit card has both advantages and disadvantages. The biggest advantage to depositing using a credit card is that you get your money in quickly and there's never an extra charge for depositing using a credit card. Where you run into a bit of trouble is on two fronts. The first one that will give you trouble is the likelihood that your card will be declined. Some credit card companies block the transaction codes associated with online gambling and thus will deny your attempt to deposit using one. The other problem that you can run into is when you want to make a withdrawal. This normally cannot be put back onto your card and in most cases you will end up receiving a cheque by mail. The extra hassle with this is that you will almost always need to provide some documentation before you can make a withdrawal after depositing by credit card.
Casinos That Accept Credits Card for Deposits
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PaySafeCard allows you to buy vouchers at convenience stores and Canada Post locations and then trade them in for cash in your online casino account. It is the only deposit method that really lets you pay in cash and then see money in your casino account within minutes. If this all sounds familiar to you, it's because the system used to be called Ukash. It was purchased by PaySafeCard in 2014.
When you sign up for a PaySafeCard account, you will also be given the opportunity to use their e-wallet system which means you can make withdrawals back to your PaySafeCard account and then transfer funds to another casino or online business. By using that system, you can avoid pulling money all the way back to yourself before transfering it to another online casino. Something that is very convenient for taking advantage of bonus offers at multiple online casinos.
Casinos That Accept PaySafeCard for Deposits
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Instadebit is one of the best ways for Canadians to make online casino deposits and withdrawals. After you sign up an Instadebit account, you can transfer money directly from your bank account to your online casino account. Instadebit acts as the go between so the online casino is never mentioned on your banking statement. Best of all, when you make a deposit using Instadebit, the money arrives in your online casino account instantly even though it takes a few days to leave your bank account. And, just like PaySafeCard, Instadebit offers an e-wallet option which lets you easily transfer money back and forth between different online casinos. If you're interested in reading more about Instadebit you see our Top 5 Instadebit Casinos
Casinos That Accept Instadebit for Deposits
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Bitcoin is a very new addition to the best casino deposit methods, but it's becoming more popular all the time. Bitcoin is a crypto-currency and when you use Bitcoin for casino deposits and withdrawals, your transactions will be completely anonymous. There are more and more Bitcoin atm's showing up as well, so using Bitcoin is the closest thing to using the old neteller system in Canada that allowed you to withdraw physical cash using a debit card almost immediately after you initialize a withdrawal at your online casino. If you'd like to learn more about depositing using Bitcoin, see our Bitcoin Casinos page.
Casinos That Accept Bitcoin for Deposits
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