Before a player is able to make a deposit at a live casino in cryptocurrency using the Crypto platform, they will have to sign up for a Crypto account and make a deposit. When making a deposit, users are required to decide which cryptocurrency they would like to invest in.
As the majority of online casinos that accept Crypto as a means of deposit still conduct their transactions in a fiat currency such as the euro or US dollar, it is important to keep an eye on the exchange rate between the currency that your chosen online casino is using.
Funding a Crypto account for the first time involves making a deposit with a credit or debit card. Once customers have done this, they are able to move the money that is stored in their Crypto e-wallet from one currency to another.
This makes it easy to take advantage of movements in markets and ensure that they are getting the best possible value from the money that they have stored with Crypto. While it was previously necessary to withdraw money in order to deposit it into a casino, the Crypto.com pay platform makes it possible to execute this transaction directly without any additional steps, middlemen, or fees.