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What are the Different Payment Methods for Sweepstakes Casinos?

Are you hooked on your favorite casino game but are short on coins? Stashing your gold coins in exchange for real money is an option. Different Sweepstakes casinos allow users to purchase additional coins once the free gold coins are over. Buying gold coins keeps your sweep coin frenzy mode on and helps you to win exciting prizes.  

Casino websites offer different payment methods for purchasing gold coins or to support free platforms. Let’s look at the differences in the payment methods so you can choose one that works best for you.

Purchasing Gold Coins at Sweepstakes

Sweepstakes casinos are free-to-play games with free gold coins when creating an account. So, why do you need to purchase gold coins? The operator rewards the free gold coins, but they can be depleted quickly. Hence, players purchase gold coin packages to play the game or win exciting cash prizes. Some players also spend money to support the platform or help sustain larger wagers.

What are the Different Payment Options for Sweepstakes Casinos?

Sweepstakes casinos work on a two-coin system based on gold and sweep coins. The players can buy gold coins with real money, but they are not redeemable. Popular casino websites offer different gold coin packages that can range from $0.99 to $99.99.

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Players can purchase the gold coin packages through the following payment methods-

Online Transfers

Online banking is one of the oldest and most reliable ways to transfer money to casino websites. However, online transfers are typically lengthy and require completing a request form with your bank. The entire procedure can take more than one business day.  

Another downside of bank transfers is the high transaction fees. Bank of America, Wells Fargo, and Chase are a few banks that support online casino transfers.

E-Wallets

E-wallets are a popular payment mode for playing online casinos. A significant advantage of e-wallets is that they are quick and can be used to complete payments within 24 hours. Besides, it is a safe method as the player’s bank details are hidden from the operators. PayPal, Apple Pay, and Skrill are secure e-wallets for player sweepstakes casinos.  

Debit, Credit Cards, and Prepaid Cards

Another safe payment method for casinos is through debit or credit cards. All legal sweepstakes casino websites offer options to pay with bank cards. Visa and Mastercard are popular payment methods, as it has a low transaction fee for social casinos. Additionally, providing your card details and verifying the transaction doesn’t require much time.  

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If you play online casinos often and require a safe and fast payment method, prepaid cards fit the bill. They are like the standard bank cards, but a fixed amount has already been added. Visa and MasterCard prepaid cards allow hassle-free deposits and withdrawals.

Cryptocurrencies

Some sweepstakes casino platforms accept cryptocurrency to purchase gold coins. These casinos accept Bitcoins or other altcoins as payment methods. The benefits of opting for crypt payments are high security, speedy purchases, redemptions, and enhanced user privacy. However, it is essential to determine the legitimate casino websites supporting cryptocurrencies.

Cryptocurrency applications like BitPay, Coinbase, and CryptoPay allow quick and secure transactions.  

Wrapping Up

Sweepstakes casinos offer plenty of payment options for purchasing gold coins. E-wallets, bank cards, and cryptocurrencies are the most popular payment methods. Cryptocurrency is a relatively new payment method, and a few legitimate casino websites support it.  

Each mode of payment varies in the transaction time, security, fees, and procedures. Choose the right payment method by assessing different factors, such as its availability at the casino, deposit and withdrawal limits, ease of use, and accessibility in your country.    

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