Online casino players constantly look for convenient ways to deposit and withdraw winnings. But modern technologies are developing extremely quickly, so keeping track of all the innovations in this area can take time and effort. Today we will talk about such a payment method as Cash App.
It is gradually overtaking traditional banking methods in popularity. The payment method will allow you to quickly deposit money into your gaming account and withdraw your winnings. In the article, we will consider the main advantages and disadvantages of Cash App and give instructions on depositing and withdrawing winnings.
What is Cash App?
Cash App is an application developed by Square Inc specifically for convenient mobile payments. The software will suit you even if you play online slots or jackpots with bitcoin and you can read more here if that’s what you want to use the software for. One of the features of the program is the support of cryptocurrencies.
In the application, you can receive transfers and sell and buy bitcoins. All transaction information is stored in your account. With the application, you will be able to:
- Instantly withdraw money from the wallet to the linked bank account.
- Send money to another Cash App user.
- Pay for purchases on the Internet using the Cash Card linked to your account in the application.
Is Cash App Suitable for Online Casinos?
The Cash App provides secure online payments without exposing your personal and contact information. That is why this method will be the best online gambling option. You can deposit money into your gaming account and withdraw winnings using the payment method.
The Wallet Suitable for Bitcoin Casino
If you want to gamble with cryptocurrencies, Cash App will make things easier. You will not need to open a separate cryptocurrency wallet to make payments in bitcoin. All the necessary functions are already in Cash App.
There are several reasons why you should choose to play a crypto casino:
- Anonymity. Such casinos often lack mandatory user verification. You will not need to send scans of your passport or other documents for verification.
- High speed of payments. If the withdrawal by other methods is carried out within 1-2 days, then transactions in cryptocurrency are processed in a couple of minutes.
- No additional fees. Since digital currencies are decentralized, third parties do not participate in transactions. This eliminates the commission when paying.
When you deposit bitcoin at some online casinos, you can expect to receive additional bonuses.
How to Fund Your Online Casino Account with Cash App
To deposit at an online casino, you need to follow these steps:
- Download the official Cash App on your smartphone. Follow the onscreen instructions to create your account. Attach a bank card or bank account number to your wallet.
- Buy the right amount of cryptocurrency. Select the “Bitcoin” section using the navigation menu and click on the “Buy” button. Enter the required data to confirm the purchase.
- Fund your online casino account. Go to the “Bank” section on the casino website, select “Bitcoin” as a payment method, scan the QR code or copy the crypto wallet address.
- Reopen your wallet, enter the top-up amount and paste the copied address.
The money will be credited to your online casino account within a few minutes.
How to Withdraw Winnings Using Cash App
Thanks to the application, it is also convenient to carry out withdrawals. To do this, follow these steps:
- Go to the “Bank” section on the online casino website, open the “Withdrawal” tab, and select “Bitcoin” among the supported methods. Some casinos require you to go through a verification process to verify your identity before requesting your first withdrawal.
- Open the Cash App, using the bottom navigation menu select “Bitcoin” and then “Deposit bitcoin.” This way, you can get the address of your cryptocurrency wallet. Copy it.
- Enter the cryptocurrency wallet address and specify the withdrawal amount. Before sending the transfer, double-check the correctness of all entered data.
As soon as the coins arrive in the wallet, you can exchange them for fiat and withdraw them to a bank card or bank account.
Advantages and Disadvantages of Cash App for Online Casinos
- The wallet supports cryptocurrencies. Bitcoin payments are safe and anonymous;
- Casinos often set higher limits on deposits and withdrawals when working with cryptocurrencies;
- Crypto bonuses become available to you;
- Instant deposit and withdrawal of winnings.
- The application can only be used on a smartphone;
- You will need to link a bank card or account for the entire program operation.
Cash App is a safe and legal app created by Square. Players from the USA and England can take advantage of this payment method. The program excludes unauthorized debits and has PCI-DSS level 1 certification, so it is excellent for use in online casinos.