Best Crypto Payment Providers

Estimated read time 12 min read

In today’s iGaming industry, crypto payment providers have become highly sought-after partners for online casinos. Despite being a relatively new concept, crypto payments have quickly gained popularity among operators. This article will discuss the best providers in iGaming and what they can offer online casinos.

Crypto payment providers are in high demand in iGaming because they offer numerous core advantages for online casinos. Firstly, they provide increased anonymity for players, as cryptocurrency transactions are generally more private compared to traditional payment methods.

Secondly, blockchain technology ensures secure transactions, reducing the risk of fraud or hacking. Thirdly, cryptocurrency payments enable players from any part of the world to participate in online gambling without being restricted by banking regulations or currency exchange rates.

Additionally, cryptocurrency transactions are typically faster and involve lower transaction fees compared to traditional banking methods, making it easier for players to make quick deposits and withdrawals.

Best cryto payment providers

MiFinity

Based in Belfast, UK, Mifinity is a reliable payment gateway with a strong track record since its establishment in 2002, offering support for 10+ cryptocurrencies and 15+ fiat currencies, making it a versatile financial hub.

Mifinity has partnerships with over 50 providers to ensure fast and cost-effective transactions. Compliance is a priority, with licenses from regulators such as the FCA and Malta Financial Services Authority. Mifinity serves users worldwide, except in a few restricted jurisdictions.

.Security is of utmost importance, with regular security audits, top-notch encryption, and strict authentication standards. KYC is mandatory to ensure user accountability. 

Innovation shines through eVouchers, allowing users to fund wallets securely. A robust referral program further incentivizes customers. Mifinity’s reliability makes it a top choice for crypto users from all walks of life, including students, travelers, traders, and bettors.

CoinsPaid

In the constantly changing world of cryptocurrencies, Coinspaid is a symbol of innovation and trust. With a wide range of features and services, it has established itself as a leader in the crypto payment gateway industry. This trailblazing financial company was founded in 2014 and has been committed to making digital currencies accessible to everyone.

Coinspaid offers extensive transaction support, catering to a wide range of cryptocurrencies including Bitcoin, Ethereum, and Ripple, as well as traditional fiat currencies such as USD, CAD, GBP, and EUR. It serves as a hub for crypto enthusiasts of all levels, providing instant deposits and withdrawals for businesses with zero commissions on all crypto transactions.

Coinspaid goes beyond just convenience; it also prioritizes privacy. Unlike many competitors that require your bank details, Coinspaid provides anonymity. Transactions are discreet, and user data is diligently safeguarded.

CoinPayments

CoinPayments is a versatile multi-currency crypto wallet designed for individuals and businesses, with a primary focus on facilitating online payments rather than serving solely as an investment-oriented wallet.

This iGaming payment provider offers users a wide selection of over 2,300 digital currencies and tokens, providing them with multiple options for securely storing their cryptocurrency assets. One of its main functions is to allow merchants, particularly those in the e-commerce industry, to easily incorporate cryptocurrency payments into their platforms. This capability enables online retailers to accept cryptocurrencies as a form of payment and keep their earnings in cryptocurrency, broadening their payment options.

CoinPayments caters to security–conscious customers by bringing robust protective measures, including the option of implementing 2FA for added account security. CoinPayments goes beyond just storage and payment acceptance; it allows users to purchase cryptocurrencies directly within the application using their linked bank cards. Furthermore, it offers a convenient conversion tool for seamless in–app crypto exchanges, ensuring users have easy access to the cryptocurrency of their choice.

BitPay

BitPay, an iGaming payment provider, was founded in May 2011. Initially, it focused on being a Bitcoin payment service provider. Today, it has grown to become a leading global crypto payment solution. Headquartered in Atlanta, USA, BitPay offers its crypto payment services in the USA and the UK. It holds multiple licenses to comply with various regulatory frameworks in different US states.

BitPay allows users to conduct transactions with over 15 cryptocurrencies, such as Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and more. Additionally, it facilitates transactions in 8 fiat currencies. BitPay is a pioneer in its industry, known for its user-friendly website navigation and reliable customer support. The platform also provides exclusive blogs and extensive cryptocurrency guides to help beginners.

BitPay is highly regarded for its strong security measures. It offers users the option to enable 2FA and uses SSL encryption to enhance the security of user data.

Moreover, BitPay allows users to customize payouts according to their requirements. This enables settlements for mobile point-of-sale checkouts, setting up recurring billing agreements, and creating invoices. This flexibility makes BitPay an excellent payment gateway solution for casinos in the iGaming industry, meeting a variety of financial needs.Moreover, BitPay allows users to customize payouts according to their requirements. This enables settlements for mobile point-of-sale checkouts, setting up recurring billing agreements, and creating invoices. This flexibility makes BitPay an excellent payment gateway solution for casinos in the iGaming industry, meeting a variety of financial needs.

CryptoProcessing

CryptoProcessing is a leading crypto payment provider under the CoinsPaid brand, focusing on delivering crypto payment gateway services to the B2B sector. With extensive experience and a client base of over 800 spanning various industries, including iGaming, CryptoProcessing.com enables online casinos to easily accept cryptocurrencies from their customers in a cost-effective manner

Casinos can benefit from a variety of advantages, including reduced processing fees, simplified checkout experiences, anti-fraud measures, an impressive 99% acceptance rate, and a large user base. The service offers a range of payment options that can adapt to any business model and payment requirements. By taking a user-centric approach and demonstrating unwavering dedication to mutual success, CryptoProcessing serves as a valuable ally for online casinos seeking seamless cryptocurrency acceptance and industry-specific insights.

The platform offers transparent pricing structures without any hidden fees, and integration is provided at no cost. Clients receive personalized management assistance and round-the-clock support as standard at CryptoProcessing. Additionally, the service supports a wide range of over 20 cryptocurrencies and 40 fiat currencies, allowing users to easiThe platform offers transparent pricing structures without hidden fees, and integration is provided at no cost. Clients receive personalized management assistance and round-the-clock support as standard at CryptoProcessing. Additionally, the service supports over 20 cryptocurrencies and 40 fiat currencies, allowing users to easily convert crypto to fiat with seamless withdrawal options directly to their bank accounts.The platform offers transparent pricing structures without hidden fees, and integration is provided at no cost. Clients receive personalized management assistance and round-the-clock support as standard at CryptoProcessing. Additionally, the service supports over 20 cryptocurrencies and 40 fiat currencies, allowing users to easily convert crypto to fiat with seamless withdrawal options directly to their bank accounts.The platform offers transparent pricing structures without hidden fees, and integration is provided at no cost. Clients receive personalized management assistance and round-the-clock support as standard at CryptoProcessing. Additionally, the service supports over 20 cryptocurrencies and 40 fiat currencies, allowing users to easily convert crypto to fiat with seamless withdrawal options directly to their bank accounts.ly convert crypto to fiat with seamless withdrawal options directly to their bank accounts.

Match2Pay

Match2Pay UAB is based in Lithuania and operates as an authorized provider of digital currency wallets and exchanges. The system was developed by Match-Trade Technologies in 2018 to meet the increasing demand for cryptocurrency payments. Since then, it has undergone continuous development and improvement..

Match2Pay prioritizes security and regulatory compliance to ensure that businesses can confidently process crypto payments. Regulatory oversight by Match2Pay UAB guarantees adherence to rigorous standards, instilling an additional layer of trust and credibility for businesses. Match2Pay supports a variety of cryptocurrencies, allowing iGaming enterprises to offer diverse payment options to their users. For those without existing crypto holdings, direct purchases can be made through credit cards or wire transfers. Additionally, fiat-crypto methods are available through third-party suppliers seamlessly integrated into their payment interfaces.

Customers benefit from having access to 24/7 technical assistance through various messaging platforms, eliminating the need for a ticketing system. Each company is assigned a dedicated account manager who offers personalized support and guidance tailored to their specific needs.

Main benefits of integrating crypto payment methods in online casinos

The iGaming industry faces numerous payment-related challenges, and cryptocurrencies possess unique attributes that effectively address these issues, making them an ideal choice for the iGaming sector.

Enhanced Security: One of the key benefits of using cryptocurrencies in iGaming is the heightened security they provide. Traditional payment methods such as credit cards and bank transfers are vulnerable to hacking and cybercrime, putting players’ personal and financial data at risk. In contrast, cryptocurrencies use advanced encryption techniques to secure deposits and withdrawals and maintain user anonymity.

Reduced Fees: Traditional payment methods often come with high transaction fees, which can eat into users’ earnings and discourage frequent financial transactions. On the other hand, cryptocurrencies have much lower transaction fees, making them a more attractive option for both players and operators.

Faster Transactions: Cryptocurrencies offer faster transaction times when integrated into iGaming. Traditional payment methods often require several days to process, causing inconvenient delays for deposits and withdrawals. In contrast, cryptocurrencies provide nearly instantaneous transaction speeds, allowing players quick access to their funds.

Global Accessibility: Traditional payment methods may face geographical and regulatory constraints, which can limit the accessibility of iGaming platforms to a global audience. In contrast, cryptocurrencies, being decentralized and less subject to regulatory restrictions, enable greater accessibility for players from various parts of the world.

Anonymity: Digital currencies provide a level of anonymity that traditional payment methods cannot. While conventional methods require players to disclose personal and financial information, cryptocurrencies allow for discreet transactions, preserving player privacy and protecting their identity.

Access to a big selection of cryptocurrencies: Crypto casinos accept many well-known currencies, offering users a unique opportunity to gamble while potentially benefiting from the value appreciation of these digital assets. For individuals who are familiar with how cryptocurrencies work, this flexibility eliminates the need to convert currencies, making it more convenient. For enthusiasts, playing at the top Bitcoin casino sites is a simple and a more suitable option.

Mainstream Adoption Growth: The use of cryptocurrency is becoming increasingly widespread. With over 300 million wallets holding different crypto assets, major companies have started to offer crypto services. As younger generations and more people become familiar and comfortable with digital currencies, the growing user base is expected to drive even greater use of crypto in the future of iGaming. This is why crypto payment providers now play a crucial role for both emerging and established operators.

The integration of a crypto payment gateway provides substantial benefits for online casinos, improving accessibility, security, and efficiency for both operators and players. The crypto payment suppliers mentioned above currently dominate the iGaming market and can be valuable partners for your online casino platform.

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