The number of players who prefer to pay with cryptocurrency is growing steadily. More and more online casinos are adding cryptocurrencies to their payment methods, making bitcoin the most widely used currency in casinos today.
But at the same time, unlike cryptocurrencies, MasterCard credit, prepaid and debit cards are accepted for deposits at almost all online casinos. So it is no surprise that MasterCard is one of the world’s leaders in the credit card industry. As with VISAs, you can link your card to electronic wallets like Apple Pay, Google Pay and Revolut.
Everything you need to do, it’s to find trustworthy online casino to play safe and Easy! Find Online Casino suppoting MasterCard from Kajino.com!( マスターカードを使えるオンラインカジノ). In this article we will make a comparison between this two online casino payment methods!
Comparison of MasterCard and Cryptocurrency as Payment Methods for Online Casinos
- What is about crypto gambling?
- What online casino accepts prepaid mastercard?
- And how to use credit card online casino?
To answer these questions, let’s compare these two payment options and speak about them in detail!
Security and Anonymity
The fact that players remain anonymous is one of the most valued benefits of an online crypto gambling sites that accepts cryptocurrency. The beauty of bitcoin and other cryptocurrencies is that they have decentralised nature. In other words, they don’t have to enter any personal information such as credit card numbers, names, addresses, etc. As a result, players can keep their gaming activities private and there’s no risk of losing their details in the event of a security breach.
Credit cards are also a secure payment method as they include a number of security features such as CVV codes and often two-step verification. Unlike cryptocurrencies, banks and financial institutions require your personal information. Because of this fact, credit cards are not anonymous at all and this could sometimes cause problems when talking about online mastercard online casino.
Speed and Efficiency
Credit cards, such as Visa and MasterCard, have been popular casino payment methods for decades and are still among the most common deposit methods in online casinos. They offer fast and often free deposits, and many online casinos that accept Mastercard also allow you to withdraw winnings directly to your credit card.
But being faster than traditional methods, crypto casinos take the crown in this category. Unlike traditional methods, crypto casinos process transactions within minutes or even seconds. Traditional methods, such as bank transfers, take several days. This is a disadvantage for players who want to play or withdraw immediately. Exchanges can be completed within 24 hours for only a few channels, such as e-wallets and cards.
Accessibility and Regulations
Cryptocurrencies are digital or virtual currencies that use cryptography to ensure security. They have their own regulations and operate independently of traditional central banks. In recent years, the use of cryptocurrencies in bitcoin gambling online casinos has grown significantly, making it accessible to any gambler.
MasterCard is highly regarded for its wide range of uses and strict security standards. There is no shortage of casinos that accept Mastercard, with a presence in hundreds of countries and support for payments in countless currencies, this is hardly surprising.
Fees and Costs
Compared to traditional Mastercard casino, cryptocurrencies have lower fees. One of the reasons for this is the lack of regulation. Also, funds don’t have to go through a third party structure. Bonuses for using the gateway are even offered by some crypto casinos. As a result, players can make high-value transactions without worrying about additional fees.
In addition to lower fees, cryptocurrencies are processed faster than other channels. The sending and receiving of funds is almost instantaneous, or a matter of minutes at most. Compared to mediums such as bank transfers, which can take several days or weeks to process, this is a huge advantage.
Choose Your Casino Payment Method Wisely and Responsibly
Many casinos reward the use of MasterCard with an extra bonus, but it is the exception rather than the rule for casino operators to charge fees.
Some so-called Bitcoin casinos only accept cryptocurrencies to deposit and only allow the same currency to pay them out. And many casinos reward you for depositing by giving you a substantial bonus.Both MasterCard and cryptocurrency payment options has it’s own advantages and disadvantages so choose your casino payment method wisely and responsibly!
