Consider Playing at Coindirect Online Casinos
Among key departments in real money online gambling, is the banking system. As such, you need reliable and convenient deposit and withdrawal options, which is why all top casinos give you exactly that. Today, you'll also come across a good number of coindirect casinos, including Johnny Kash casino that allow players to transact using all the major cryptocurrencies. If you're an enthusiastic online gambler, you've probably stumbled upon a game site offering this payment network.
What is Coindirect?
Put simply, this is an open-source platform that decentralizes the iGaming industry just like blockchain technology does to other industries. Essentially, coindirect makes transactions between players possible through major crypto assets, including Bitcoin, BitShares, and Ethereum without the need for a third party (the casinos).
The benefit to the Player
Many betting operators have increasingly embraced the use of cryptocurrency as a mode of banking, which has been well-received by online players globally. Even so, this didn't solve the usual problems - high transaction fees, risk of frozen funds, the transparency of casinos, and deposit/withdrawal delays. Legitimate betting brands do try to stay transparent through what's referred to as "Fairness Check" by auditing firms, which is a costly affair, though some information may still be hidden from you. This particular technology seeks to solve such and many other problems to enhance your gambling experience.
How do Coindirect Casinos Work?
This network not only saves you a great deal of cash but also allows new players to enter the gaming world without much hassle.
- To start a game, you don't need to make a deposit first as in the usual betting operators; you just need to have Bitcoins in your wallet.
- The balance is visible to all players via the blockchain platform and is secure from alterations.
- Note that you can only play your favorite table game or any other game title when you've got enough funds/credits.
- At the end of a game, the funds/tokens are transferred to the winner's crypto wallet. Only after a successful transaction can the next game be played.
Johnny Kash Casino Banking
This game website is amongst the most reputed Coindirect casinos in Australia. It's especially popular for its rules regarding the use of funds in the account - only the player is allowed to use the money in their account balance to wager. Also, the minimum amount that gamers are allowed to deposit here is $10 and a maximum cash out of $10,000 weekly limit.
- Visa/MasterCard: Players could use either one of these to move money in and out of their accounts. Deposits are instant while withdrawals could take up to 5 days.
- POLi: This is a common mode of casino banking in different countries and one of the most popular at this operator. It allows you to move cash using an online bank account, through a process that takes between 5 and 7 days.
- Neosurf: It's a prepaid card option that can only be used for depositing.
- Bank Transfer: The method lets you deposit and withdraw directly through your bank account - it takes about 5 business days to complete a transaction.
- Coindirect Exchange: This particular option supports all major cryptocurrencies, including Bitcoin, Ethereum, and BitShares.