Coindirect is a well-known cryptocurrency exchange and wallet that supports seamless crypto payments. The company was formed in 2017 and has snowballed since then, allowing users to transact in over 40 cryptocurrencies. There aren’t many Coindirect casinos, but in this review you will find the ones that also payout fast!
With Coindirect, all registered users benefit from fast and secure cross-border payments. If you know your way around crypto and want to use it in online casinos, Coindirect is an option worth considering.
Are you interested in giving this payment method a try? If so, we recommend reading our review first. We cover all the essentials, such as how to use it to deposit and withdraw money and how to set up a Coindirect account. We also go over all the good and bad sides of Coindirect’s service to determine its quality.
Join us as we find out if this crypto wallet is a hero or a zero.
In this review you will find...
🚫 Best Coindirect Casinos USA for 2024
No USA online casino supports Coindirect banking, because that payment method is not available in the U.S.
Here you can find our top rated USA casinos with the fastest payouts: they don’t offer Coindirect deposits / withdrawals, but you can still find the most popular payment options for U.S players.
1 BEST CASINO:OVERALL
Ignition
Bonus Offer Up to $3,000
Available Countries Accepts players from United States
Bonus Offer Up to $5,000 + $50 NDB First deposit bonus
*Credit Card deposits are subject to different bonus percentage.
Minimum deposit: $20
Bonus percentage per deposit:
$20-$99.99 get 500% (+100% on Crypto)
$100-$149.99 get 550% (+100% on Crypto)
$150-199.99 get 600% (+200% on Crypto)
$200+ get 650% (+ 350% on Crypto)
Wagering: 10x D+B
Max cashout: 5xD
Maximum bonus amount: $5000
Only NP Slots allowed
Max bet per hand: $10
Available Countries Accepts players from United States
Since Coindirect facilitates purchasing and selling crypto alongside deposits and withdrawals, registering an account is mandatory. Fortunately, the process of registering an account is straightforward and can be broken down into several easy steps.
Go to Coindirect’s website and click or tap the Sign Up button.
Enter a valid e-mail address on the registration page and create a password.
Open the e-mail sent to your address to verify your account.
Fill out your personal information
Verify your identity and address
Verification requires users to send a document that confirms who they are and that their listed address is valid. Coindirect lets you do so by sending in utility bills, bank statements, and more. The documents must be within a set validity period, which ranges from three months to a year, depending on what you use.
⏩ How to Deposit with Coindirect in Online Casinos
Despite cryptocurrencies being different from regular money, the process of depositing in a casino is the same for both. The gambling site you are playing on must support Coindirect as a payment method so you can use it to make payments. You will also need an active Coindirect account to deposit funds from. From there, follow the step-by-step guide outlined below.
Log into your casino account.
Open the banking or cashier page.
Find the cryptocurrency you wish to use.
Select how much money you plan to deposit .
Enter your Coindirect wallet information to initiate the deposit.
Log into your Coindirect account to authorize the transaction.
Thanks to the digital nature of cryptocurrencies, the deposited funds become available instantly.
Online casinos usually set different limits on specific cryptocurrencies. As such, there is no one set limit for Coindirect payments. Furthermore, the service does not impose any fees when depositing in gambling sites. Any extra costs when depositing crypto with Coindirect come directly from the casino.
📒 How to Withdraw with Coindirect in Online Casinos
The procedure for cashing out is sweet and simple.
The only prerequisite for withdrawing money is having a Coindirect account. Cashing out is not instantly, as the casino has to review your withdrawal request and approve it. However, the wait time should not take more than a couple of hours.
After the website greenlights the withdrawal, the funds will appear in your crypto wallet immediately. That makes it much faster compared to regular bank transfers.
Open the cashier section of your account.
Go to the withdraw money section.
Select the cryptocurrency with which you want to cash out.
Enter your withdrawal amount.
Type in the requested details or scan the QR code with your Coindirect app.
As with deposits, withdrawal limits are different between online casinos. Additionally, each cryptocurrency has varying cash-out caps due to their different values. Coindirect withdrawals are not subject to any fees. However, individual casinos may impose extra costs for using its services.
✅ Advantages and ❎ Disadvantages of Coindirect
As with all payment methods, Coindirect has areas it excels and areas in which it fails to impress. To help casino members determine if this banking option is the right pick, we list its ups and downs below.
The Good
Secure.
No fees for Coindirect transactions.
Fast transactions.
Easy cross-border payments.
Supports over 40 cryptocurrencies.
The Bad
3% credit card fee.
Volatility.
Not everyone is comfortable using cryptocurrencies.
Lack of regulation.
Scams and Fraud around cryptos.
Technical knowledge.
Limited acceptance.
🔀 Similar Payment Methods
Coindirect is an excellent choice for players looking to pay using cryptocurrencies. However, if you want the convenience and speed of this payment method without using crypto, there are other fantastic options too.
One such option is eZeeWallet, a very popular e-wallet. The payment service supports over 50 local payment methods, allowing users many ways to add funds. As an e-wallet, the service boasts fast transaction times that can rival Coindirect. It only has one disadvantage – you have to pay fees when taking money out of your e-wallet. The cost varies based on where you are withdrawing and what currency you use.
If you prefer money to go directly to your bank, credit and debit cards by VISA and Mastercard are also an option. They are available in almost every online casino, and for good reason. Transactions via bank cards are fast, secure, and do not require jumping through any extra hoops. There are also no extra costs since card maintenance is usually part of your bank fees. Withdrawing money using credit and debit cards takes a few days, which is slower than what Coindirect offers.
🖊️ Bottom Line
In conclusion, using Coindirect as a banking method in regions where there are limited options to receive earnings quickly can be a viable solution.
With Coindirect, users can conveniently trade popular cryptocurrencies and make fast deposits to their online casino accounts. Additionally, Coindirect provides fast withdrawals, allowing users to access their earnings quickly. This can be particularly beneficial for users in regions such as Australia and South Africa, where traditional banking options may be limited.
However, it is important for users to conduct their own research and exercise caution when using cryptocurrency for online gambling purposes.
There are great options to choose from or go directly buying some crypto and banking with it at the best cryptocoin casinos.
❓ FAQ
What is Coindirect?
Coindirect is an online platform that allows users to buy, sell, and trade cryptocurrencies such as Bitcoin, Ethereum, and Litecoin, as well as fiat currencies including USD, EUR, and ZAR. Users can also store their cryptocurrencies on Coindirect’s secure digital wallets.
How can I use Coindirect in online casinos?
Coindirect can be used in online casinos as a payment method to deposit or withdraw funds by purchasing the supported cryptocurrency and transferring it to the casino’s cryptocurrency wallet address. However, it is important to note that not all online casinos accept cryptocurrency as a payment method, and users should always thoroughly research and verify the legitimacy of any online gambling platforms before participating.
What FIAT currencies does Coindirect support?
Coindirect supports USD, GPB, EUR, NGN, ZAR, and AUD
Is Coindirect legit?
Yes, Coindirect is legit and secure, but as mentioned in our review, this is a new crypto exchange and customers should do their research before start trading there.
Where is Coindirect available to fund my casino account?
Coindirect is available to fund your casino account in Europe, Australia, South Africa, and a few other countries around the world. Users can check Coindirect’s website for a full list of supported countries. It is important to note that certain features or services offered by Coindirect may vary depending on the user’s location and local regulations.
Can I get a casino bonus using Coindirect?
Yes, because you will be operating with cryptocurrencies, you’ll have access to the highest bonuses available at crypto friendly brands.