Safest Banking Options for Online Casinos

All the trusted safe online casino will safeguard your payment information, making sure no one has access to your personal details other than you. The following are the safest banking options for digital gambling.

Cryptocurrency is the first choice for those players who want to remain anonymous while playing casino games online. Cryptocurrency (like Bitcoin, Ethereum, and Litecoin) are the decentralized payment methods that bypass any interaction with corporate third parties’ financial control.

Most online gambling enthusiasts in the US tend to use the safest cryptocurrency method where they don’t have to share personal details like their name, phone number, or credit card details. Instead, the transactions through cryptocurrency are verified anonymously via the blockchain, making them safer, faster, and super-convenient.

Bank Wire Transfer

Despite the ever-increasing crypto trend in online gambling, many people still prefer using other traditional banking methods. Bank wire is one of those where a transaction takes place between your bank via online banking directly to the casino’s bank.

Bank wire is also one of the safest and most common deposit banking options at legit casinos online. However, this method may take 3-5 working days to process your payouts.

Credit Cards

Most reputable online casinos also accept credit card options – including Visa, MasterCard, and American Express. This is also among the safest payment methods with instant deposits, mostly involving no fees.

You just have to enter your credit card number in the Cashier section of the online casino site before starting playing your favorite game. However, it is not possible to withdraw your winnings via credit card. You need an alternative withdrawal method to cash out your winnings.

E-Wallets

E-wallets (like PayPal, Neteller, or Skrill) are prepaid accounts used to store money and make online payments. As a more secure option than traditional payment methods, e-wallets have attracted huge attention in the gambling world in recent years because they are quick and easy to use.

No actual payment information is required to make a secure transaction at a casino site. Another advantage of e-wallets is that they are easily accessible via mobile phones, making them an ideal option for safe casino gambling. However, you should check before making any transaction through e-wallets as it can incur fees, meaning e-wallets could cost you significantly if you’re transacting huge amounts of money.

Prepaid Cards

Another safe method to gamble online is prepaid cards. You can purchase a Paysafecard (or other prepaid cards) to make an online casino deposit without even sharing your bank details. You just have to type in the PIN number after scratching the card on the gambling site’s payments page. However, not all prepaid cards are available for withdrawals.

Pay by Phone

With this option, you are not required to create an account nor provide the casino site with card or bank details when making a deposit. You can use this option by using your phone number only. The site will send you a confirmation code to your phone number, which you need to confirm. However, you can not withdraw your winnings through this method.

Our Recommendation for Safest Banking Option

Many casinos accept bank transfers, credit cards, money orders, e-wallets, and other options we have described in detail above. Though they are all safe and secure, they are not the most popular banking options. A majority of these traditional methods, usually popular among older gamblers, take a long processing time and often include processing fees for withdrawals.

Therefore, we recommend using cryptocurrency for US gamblers for the safest online gambling experience. It involves no personal details like your bank account, and it is almost always without any processing fee. No need to say that Bitcoin transfers are the fastest when it comes to withdrawing your casino winnings.