New Deposit Methods are the buzzword of 2017. With the popularity of Bitcoin growing in the international world of online casino, we pose the question; Will it take off with online casino players from New Zealand?
Casino Deposit Methods
Traditionally the most popular deposit methods for New Zealand online casino players have been e-wallets. Credit card payments can present problems and Ewallets provide the safety and anonymity that’s so important to Kiwi players. Poli continues to be the most popular online e-wallet in New Zealand, with Neteller following closely behind.
Most people thought Pre-paid cards would go the way of the dinosaurs as an online casino deposit method. But this hasn’t happened Paysafecard is still the most popular payment method for Kiwi casino players.
Bitcoin Only Online Casino Sites
The rise of Bitcoin as a Deposit Method has seen a slew of Bitcoin only casinos appear. But are Kiwis really using them?They’re certainly getting more popular, but Bitcoin casinos have yet to take off here in the same way as they have in Australia, France and America.
Benefits of Bitcoin Casinos
As a peer to peer payment method, Bitcoin incurs no fees and it’s completely anonymous and super easy to use (once you’ve procured your Bitcoin that is).
“Non-banks do not need our approval for schemes that involve the storage and/or transfer of value (such as ‘bitcoin’) – so long as they do not involve the issuance of physical circulating currency (notes and coins).”: New Zealand –Wikipedia
Cons of Bitcoin Casinos
Entering the Bitcoin World isn’t as simple as setting up an ewallet, there are a few different ways you can access a stash of the Crypto Currency. Here’s a WikiHow link to get you started.
Are any popular online casinos using Bitcoin?
There were talks of Spin Palace Casino introducing Bitcoin as a payment option, but this still hasn’t materialized as of yet.
Spin palace is one of the best Kiwi casinos for payment options; they’re one of the only sites who let you deposit in US dollars, Euros, Canadian dollars, Australian dollars, New Zealand dollars and in Norwegian and Swedish krone. Depositing in your own currency helps you avoid excessive exchange rate charges. That way you get the same amount that you’ve deposited and you can wager using your currency. Fingers crossed they’ll get on the Bitcoin bandwagon soon.
Another great casino for New Zealand players with lots of great options is Jackpot City. They always have plenty of deposit options and their customer service rocks.