PayPal is a digital payment platform that allows individuals and businesses to make and receive payments online. Users can link their bank accounts, credit cards, and other payment methods to their PayPal account, making transactions easy and secure. PayPal recently allowed its users in the USA to transfer, send, and receive cryptocurrency on the e-wallet. This skyrocketed the use cases of PayPal crypto casinos. customers in the US can now buy and store crypto in PayPal, and use the e-wallet to make deposits and withdrawals in crypto casinos. This article will provide an in-depth analysis of the top PayPal crypto casinos in which you can use this platform to make payments. The article will also cover crucial information about PayPal’s advantages, features, exchange fees, security, and much more.
PayPal Overview
Popular Choice
Great Customer Support
Low fees
Restricted Countries
Among the restricted jurisdictions
Cuba
Iran
North Korea
Sudan
Syria
PayPal Key Facts
Year founded
1998
Headquarters
San Jose, California, USA
Licences
BitLicense from New York State Department of Financial Services (NYDFS)
Type of exchange
Centralized
Best for
transfer of money
Fiat Currencies Available
Australia Dollar, Brazil Real, Canada Dollar, Switzerland Franc, China Yuan Renminbi, Czech Republic Koruna, Denmark Krone, Euro, United Kingdom Pound, Hong Kong Dollar, Hungary Forint, Israel Shekel, Japan Yen, Mexico Peso, Malaysia Ringgit, Norway Krone, New Zealand Dollar, Philippines Peso, Poland Zloty, Sweden Krona, Singapore Dollar, Thailand Baht, Taiwan New Dollar, United States Dollar
Cryptocurrencies Available
4
Products & Services
Crypto trading
Crypto wallet
Fiat wallet
Top Paypal Crypto Casinos & Betting Sites
- BC.Game – Best for platform security
- Stake Casino – Best for games availability
- MyStake – Best for bonuses
- mBit Casino – Best for fast transactions
- FortuneJack – Best for the loyalty program
Paypal Bitcoin Casino & Betting Sites Reviewed
Curious about what sets these PayPal casinos apart from the rest? Our review below covers the A-Z of the top PayPal crypto operators including their features, special bonuses, available games, security measures, and much more.
1. BC.Game
Founded in 2017, BC.Game has acquired a great reputation despite being fairly new. It is a secure platform licensed under Curaçao eGaming. The platform is available in 19 languages including English, French, Portuguese, Indonesian, Russian, Vietnamese, Korean, and Spanish.
The casino offers 6000+ game options, ranging from slots, and table games like blackjack, baccarat, and roulette; the platform also offers live casinos for players. Additionally, BC.Game also has a dedicated sportsbook with all major sports like FIFA, Soccer, Ice Hockey, Basketball, Formula 1, etc.
BC.Game offers a deposit bonus that gives up to 120% when you deposit a minimum of $30 (maximum $79). This bonus would be 150% and 180% on a minimum deposit of $80 and $400, respectively.
There is a minimum deposit of $0.01 and maximum withdrawal limit on BC.Game. The withdrawal is usually completed instantly, and there is a minimum withdrawal limit of Euro 10.
BC.Game is not an anonymous site. It requires users to verify their identities. For the registration process of a new account, users need to give their first and last name, birth date, and email address. To further validate their account, users need to provide a copy of an identity document (front and back) to [email protected].
We give BC.Game a rating of 4.9 out of 5.
Pros
- Over 6000+ games available
- Sportsbook available
- Free spins
- VIP program
- App available
Cons
- Not anonymous
| Crypto Bonus | Wagering Requirements | Minimum Deposit | Available Currencies |
|---|---|---|---|
| Up to 180% match on first deposit | 500x / wagering unlocks your rewards | $0.01 | 80+ cryptos 40+ Fiat Currencies |
2. Stake Casino
Founded in 2017, Stake is one of the most trusted crypto gambling platforms. Stake is licensed under Medium Rare NV, and is a secure platform. Stake supports 15 languages that include English, German, Indonesian, Filipino, French, Spanish, Turkish, Polish, Vietnamese, Russian, Chinese, Portuguese, Japanese, and Korean.
Stake has a huge array of games available that are provably fair. Some of the games available on Stake are Slots, Roulette, Blackjacks, Baccarat, Poker, Live Casino, Dice, Limbo, Hilo, and Plinko. Stake also has a sportsbook containing all major sports for gambling.
Stake doesn’t offer a welcome bonus like other casinos. However, it offers regular promotions and challenges that can be very lucrative. Stake also has weekly giveaways, and special programs for its VIPs. Some of the popular promotions of Stake are the daily races, conquer the casino, Stake Vs Eddie prize pool, etc.
The minimum deposit limit on Stake is $5. The platform doesn’t have any maximum withdrawal limit. Most payments on Stake are processed instantly. Stake also charges a small withdrawal fee depending on the amount.
Stake is not an anonymous platform, and requires the submission of some documents in order to start betting. Registration on the platform can be done only through email and password. The next crucial step is the verification of the account. This is done by sending copies of the national ID card, passport (or driver’s license), and proof of address (bank statements/utility bills) to customer support. We give Stake Casino a rating of 4.9 out of 5.
Pros
- Provably fair games
- Weekly rewards
- VIP program
Cons
- No welcome bonus
- Small withdrawal fee
| Crypto Bonus | Wagering Requirements | Minimum Deposit | Available Currencies |
|---|---|---|---|
| Weekly giveaways, races, prize pools, etc. | No Wagering requirements | $5 | 9 cryptos and 4 fiat payment options |
3. MyStake
MyStake is a fairly new platform but has already made a name for itself in the crypto casino space. Founded in 2020, MyStake is licensed from Curaçao eGaming. The platform is available in English, Spanish, Dutch, Russian, Italian, French, Brazilian, Finnish, and Swedish.
MyStake offers games in the category of slots, Baccarat, Roulette, Blackjack, Bingo, Sports Betting, Video Poker, Jackpot Games, Live Casino, etc. The website’s sports section has all major sports to choose from like soccer, basketball, tennis, golf, etc.
MyStake offers a welcome bonus to its users where they can get a matching bonus of up to 170% on their first deposit ranging between $20 to $600. The wagering requirement for the bonus is 30x. The platform also offers 300 free spins for its new users. For their existing customers, the platform also provides a 10% loyalty bonus that they can use in the sportsbook. There’s another feature where a user can get an additional free bet when they place 3 bets.
There are no transaction fees levied by MyStake. The minimum deposit on the platform is $20. The maximum withdrawal limit is $7,500 per week, and $15,000 per month. The payments are usually processed in a few hours.
MyStake is not an anonymous platform and requires identity verification. To register, you need to be over 18 years old, and can sign up through username, password, and country of residence. To verify your account, you need to submit the following:
- Proof of Identity – ID doc
- Proof of Address – utility bill
- Mail Verification – activation link
We give MyStake a rating of 4.7 out of 5.
Pros
- Lucrative bonus offers
- Fiat payments available
Cons
- VIP program not transparent
- No instant withdrawals
| Crypto Bonus | Wagering Requirements | Minimum Deposit | Available Currencies |
|---|---|---|---|
| 170% match bonus on first deposit + 300 free spins | 30x | $20 | 8 cryptos and 15 fiat payment options |
4. mBit Casino
Founded in 2014, mBit casino is another trustworthy casino that has been licensed under Curaçao eGaming. The platform is available in English and German.
mBit Casino also offers thousands of games like Slots, Poker, Blackjack, Roulette, Baccarat, Jackpots, Scratch Cards, Sic Bo, Live Casino, etc. mBit has a separate dedicated website that offers sports betting.
The welcome bonus of mBit offers a 75% match on the first deposit that can be worth up to 1 BTC. Additionally, new users will also get 75 free spins. The wagering requirement for this bonus is 40x. Users can get more bonuses with their 2nd and 3rd deposits. The platform has different bonuses depending on the day of the week.
The maximum withdrawal limit for the platform is 3 BTC per week, and 10 BTC in a month. The minimum deposit limit is 0.00035 BTC. The transactions are usually processed in a few minutes.
mBit Casino is not anonymous, and thus requires the submission of documents like governmental ID, payment systems, and utility bills to verify users’ identity. For just new registration, users need to sign up using an email and password.
We give mBit Casino a rating of 4.7 out of 5.
Pros
- 2000+ games
- Great customer support
- VIP Program
Cons
- Fewer language options
- No fiat money payment options
| Crypto Bonus | Wagering Requirements | Minimum Deposit | Available Currencies |
|---|---|---|---|
| 75% matched first bonus + 75 free spins | 40x | $50 | 7 cryptos |
5. FortuneJack
FortuneJack is an almost decade-old casino that has gained a huge fan following. Founded in 2014, the platform has been awarded a license from Curaçao eGaming. Thus, it is a secure casino. The platform is available only in English and Japanese.
FortuneJack offers a wide variety of games like Slots, Jackpot, Blackjack, Roulette, Poker, Live Casino, Dice, ESports, etc. The website has a sportsbook section that has a huge range of popular sports to choose from. The games are provably fair.
The platform offers a welcome bonus to new users where they get a 110% match on their first deposit that can go up to 1.5 BTC. The bonus code for this bonus is “NEWBONUS.” The minimum deposit amount to avail this bonus is 0.001BTC. If a user deposits up to 0.005 BTC, then FortuneJack also gives them an additional 250 free spins. The platform also has a loyalty garage system that rewards its most dedicated players.
There is no minimum deposit limit on the platform except the amount required to claim the bonuses. The minimum withdrawal limit is $150, while there is no maximum withdrawal limit. The transactions are usually processed instantly.
FortuneJack is not an anonymous platform, and requires user identity verification. To register for a new account, an email, password, and username is required. After signing up, users need to submit documents like an identity card, proof of address such as a utility bill, and proof of payment method.
We give FortuneJack a rating of 4.9 out of 5.
Pros
- Rewarding loyalty program
- Lucrative welcome bonus
- Wide range of games including sports, table games, live casino etc.
Cons
- Only two languages available
- No fiat payments
| Crypto Bonus | Wagering Requirements | Minimum Deposit | Available Currencies |
|---|---|---|---|
| 110% match first deposit bonus + 250 free spins | 30x | 0.001 BTC | 12 cryptos |
What is PayPal?
PayPal is a leading digital payment platform that enables individuals and businesses to make and receive payments online. The platform wasn’t always known by the same name though. It was founded in December 1998, under the name “Confinity” by Peter Thiel, Max Levchin, and Luke Nosek. Confinity later merged with X.com, which is a company founded by Elon Musk. X.com eventually became PayPal, which went public in 2002, and was acquired by eBay in the same year. After having a raging success as a leading fiat money transfer platform, PayPal decided to try its hand in the cryptocurrency space. In October 2020, PayPal announced that it would allow users to buy, hold, and sell cryptocurrencies on its platform, starting with Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. This made it possible to use PayPal as a transaction medium in crypto gambling sites.
How to Proceed with a Deposit & Withdrawal Using PayPal
Using PayPal is fairly easy for new users. We’ve made it even easier by listing down all the steps required to use PayPal:
- Create an Account: To use PayPal, users first need to create an account on its website or mobile app. They’ll need to provide some basic information like name, email address, and password. They may also be asked to provide additional information to verify their identity, such as their date of birth, and social security number.
- Link Bank Accounts or Credit Cards: Once an account has been created, bank accounts or credit cards can be linked to the PayPal account. To link a bank account, users will need to provide their account number and routing number according to their geographical area. To link a credit card, they’ll need to provide card information like the card number, expiration date, and security code.
- Make Payments: To make a payment with PayPal at a crypto casino, USA based users need to buy crypto on PayPal first. Thus, users need to go to the crypto section of their account, and select the option ‘Buy.’ Next, they need to select the crypto they want to buy, and put in the amount. They will receive the crypto in their PayPal account after making the payment. This purchased crypto can then be transferred to the crypto casinos through which users can start gambling online.
- Making Withdrawals: The PayPal crypto withdrawal process is simple. Users can withdraw their crypto amount from their casino account, and then transfer it to PayPal. After doing so, users can convert this crypto into fiat as PayPal converts crypto to fiat at no additional cost. This amount can then be transferred to the users’ linked bank accounts.
Pros
- Convenience
- Speed
- Wide availability
Cons
- Fees
- Limited casino options
Pros
Convenience: PayPal is a widely accepted payment method accepted globally, and can be used to make quick, and easy transactions. Its user-friendly interface and non-complex signup process also make it a favorite among users.
Speed: PayPal transactions are typically processed within two to thirty minutes, allowing users to deposit and withdraw funds from their accounts seamlessly.
Wide Availability: PayPal is available in over 200 countries and regions, which makes it a convenient option for users in those locations.
Cons
Fees: PayPal charges fees for certain transactions, such as currency conversion (4.5%) and international transactions (varies based on currency, for eg, $0.49, £0.39, €0.39, etc.), which can add up over time.
Limited casino options: PayPal is not available as a payment option for all crypto-gambling sites, which can limit users’ options.
The Advantages of Combining Crypto Casinos with PayPal
PayPal is one of the best options for crypto casino payments. Crypto users are very particular about their private information. PayPal serves as another way they can secure their identity. As PayPal only acts as a mediator between the gambling platform and the user, it doesn’t require additional personal information for processing the transaction. It has security measures that protect users from fraudulent payments. Thus, combining crypto casinos with PayPal is one of the best methods to make secure payments online, and keep financial information private.
Why Choose PayPal as a Payment Method?
Security
Using PayPal can offer an additional layer of security, as users’ financial information is kept private and secure. PayPal’s advanced encryption and fraud prevention measures can help protect users from unauthorized transactions and identity theft.
Privacy
Users who prefer to keep their financial information private can benefit from using PayPal to make transactions at crypto-casinos and other vendors. Since PayPal acts as an intermediary between the user and the casino, the casino does not have access to the user’s financial information.
Convenience
PayPal is a very user-friendly payment method. Many people have a PayPal account, making it a convenient option for making transactions at crypto-casinos. Most global vendors use PayPal as a payment option, and thus it’s a globally accepted platform. PayPal also has a mobile and web app, which makes it seamless to use on-the-go, on phones and laptops.
Speed
PayPal transactions are typically processed within 2-30 minutes, allowing users to deposit and withdraw funds from their casino accounts quickly. It is unlike other payment options, which can take days to process payments and withdrawals.
Wide Acceptance
PayPal is a leading money exchange platform, and is accepted in over 200 countries. Its popularity has resulted in it being available in many crypto casinos. Thus, its wide acceptance makes it a popular choice as a payment method.
Compatibility
PayPal is compatible with many major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). This makes it a great option to use as a payment method in crypto gambling sites.
PayPal and Bitcoin
Bitcoin is the most popular cryptocurrency that has been gaining mainstream popularity in recent years as a secure and efficient alternative to traditional currencies. With the rise of e-commerce and online transactions, Bitcoin has become an attractive option for many individuals and businesses looking for a fast, secure, and convenient way to make payments and purchases online.
As one of the most popular payment options, PayPal plays a significant role in facilitating online transactions for individuals and businesses worldwide. In recent years, there has been an increasing interest in the integration of Bitcoin and PayPal, as users look for ways to combine the security and convenience of PayPal with the benefits of Bitcoin. This has led to the emergence of various services and platforms that allow users to buy, sell, and trade Bitcoin using PayPal. Crypto casinos are one of the many ways on which users are able to leverage PayPal’s support for cryptocurrencies like Bitcoin.
PayPal as Popular Wallet Solution
PayPal has emerged as a popular digital wallet solution due to its plethora of features that have made online transactions seamless. PayPal is widely accepted as a payment method by many online merchants, making it a convenient option for users who want to make online purchases. Its advanced encryption, and fraud prevention measures ensure that users’ financial information is protected from unauthorized access and fraud.
PayPal is also user-friendly, with a simple interface that allows users to manage their funds and transactions quickly and easily. With its ability to link with bank accounts and credit cards, mobile accessibility, and a wide range of payment options, PayPal is a reliable and flexible digital wallet solution that is trusted by millions of users around the world.
PayPal’s usability in daily life also makes it a popular wallet solution. It can be used to make online shopping purchases, as well as in physical stores. PayPal allows users to send money to friends and family with ease, either through the PayPal website or mobile app. This feature is particularly useful for splitting bills, sending gifts, or simply transferring money between accounts. Additionally, PayPal allows users to send and receive money from all around the world, with the ability to convert currencies and transfer funds between different countries. Thus, it is a preferred payment option for many international business transactions.
The Key Factors Contributing to the Success of PayPal
PayPal is one of the leading money transfer platforms in the world. This could undoubtedly be traced back to the many features of the platform that make it so helpful and thus, successful. Some of the key factors contributing to PayPal’s success are:
- User-Friendly Interface: PayPal is designed to be user-friendly and easy to navigate, with a simple interface that allows users to manage their funds and transactions quickly and easily, through a mobile app, as well as a web app.
- Security Measures: PayPal uses advanced encryption and fraud prevention measures to protect users’ financial information and prevent unauthorized transactions. Additionally, PayPal offers user protection policies that help safeguard users from fraudulent transactions.
- Flexibility: PayPal offers a wide range of payment options, including debit and credit cards, bank transfers, and PayPal balances, giving users flexibility and convenience when it comes to managing their finances.
- Innovative Technology: PayPal uses a P2P (Peer-to-Peer) Banking system, which allows transactions to be processed between two parties quickly, with minimal intervention of a bank.
Exchange Fees and Limits
Fees
While PayPal doesn’t charge any fees on buying products or services, the platform charges 4.5% on transactions that require conversion of currencies.
Trading Fees
While dealing with cryptocurrency, PayPal charges trading fees that vary with the amount. It is as follows:
Purchase/Sale crypto amount Fees
1.00 – 4.99 USD 0.49 USD
5.00 – 24.99 USD 0.99 USD
25.00 – 74.99 USD 1.99 USD
75.00 – 200.00 USD 2.49 USD
200.01 – 1000.00 USD 1.80%
1000.01 USD + 1.50%
Deposit Fees
There are no fees for deposits made on PayPal through linking bank accounts, credit or debit cards.
Withdrawal Fees
Paypal doesn’t charge any withdrawal fee from its users.
Limits
There are withdrawal and deposit limits on using PayPal. Minimum deposit/withdrawal limits range from $1-$10. For maximum deposit, the amount varies according to the vendor, and maximum withdrawal is usually capped at $5,000 per week.
Safety and Security
Having a reputation as one of the safest online money transfer platforms, PayPal has left no stone unturned in ensuring the safest practices and the best technology. A few of the measures that PayPal has undertaken to secure its platform are listed below:
Encryption:
PayPal uses industry-standard end-to-end encryption to protect sensitive data such as credit card numbers and passwords. Thus, even if someone were to intercept the data, they would not be able to read it.
Two-factor authentication:
PayPal offers two-factor authentication as an extra layer of security for user accounts. Thus, in addition to a password, users are required to provide a second piece of information, such as a code sent to their phone, to access their account.
Fraud detection:
PayPal has advanced fraud detection tools that can identify suspicious activity on user accounts. If they detect something unusual, they may freeze the account and contact the user to verify the activity.
User education:
PayPal provides resources and tips to help users protect their accounts and personal information, such as encouraging users to choose strong passwords, and to be wary of phishing scams.
Certifications and accreditations:
PayPal has various relevant certifications that prove its security:
-
- eCOGRA: PayPal is a member of eCOGRA, which is an independent testing and certification organization that provides assurance to players that online gambling sites operate fairly and responsibly.
- Malta Gaming Authority: PayPal is licensed and regulated by the Malta Gaming Authority (MGA), which is a regulatory body that oversees online gaming in Malta. This license demonstrates that PayPal operates in compliance with strict regulatory requirements.
- TRUSTe: TRUSTe certification is a third-party privacy certification program that verifies that PayPal’s privacy practices comply with applicable laws and regulations.
User Experience
PayPal promises to provide a great user experience to everyone, which can be seen through the various measures they’ve taken to make the platform accessible, appealing, and secure.
- PayPal offers a user-friendly and intuitive interface, with a modern and straightforward design that is easy to navigate. The layout is clean, with clear labels and headings that make it easy to find the information you need. The overall experience is seamless, whether you are using the website or mobile app.
- The platform is accessible on a wide range of devices, including desktop computers, mobile phones, and tablets. Users can access their accounts on the go through the PayPal mobile app, which is available for both iOS and Android devices.
- Registration on PayPal
- To register for a PayPal account, users need to provide basic personal information, such as their name, address, and email address. They also need to create a password and link a funding source to the account, such as a bank account or credit card. Depending on the country and regulations, PayPal may require users to verify their identity through a government-issued ID or other verification methods.
- PayPal also has age restrictions in place, requiring users to be at least 18 years old to open an account. The age verification process involves submitting government-issued identification, and may involve additional steps for younger users.
Customer Support
PayPal provides a variety of customer support options to assist users with any questions or issues they may have. The available channels of communication include:
- Help Center: PayPal’s Help Center provides users with access to a wide range of articles and FAQs that can help answer common questions and resolve issues. The Help Center is available 24/7, and can be accessed from the PayPal website.
- Phone Support: PayPal also provides phone support for users who prefer to speak with a representative. Phone support is available Monday through Friday from 5:00 AM to 10:00 PM PST, and on weekends from 6:00 AM to 8:00 PM PST.
- Email Support: Users can also contact PayPal’s customer support team via email. Response times may vary, but most inquiries are typically resolved within 24-48 hours.
- Live Chat: PayPal’s live chat support allows users to chat with a customer support representative in real time. Live chat support is available during select hours, typically between 4:00 AM and 10:00 PM PST.
- Social Media: PayPal’s social media accounts can also be used to contact customer support. Users can send a message via Facebook, Twitter, or Instagram, and can typically expect a response within a few hours.
Conclusion
PayPal’s importance in today’s financial space is unquestioned. Its convenience, features, and security make it unparalleled to any other option. The top PayPal crypto casinos we reviewed in the article are the best options you can choose from to make payments through PayPal. Users based in the USA can purchase crypto through PayPal, and send it to the casino accounts. Users can be assured of their money’s safety when considering PayPal’s security measures like end-to-end encryption, firewalls, certifications, etc. The registration process on PayPal is really simple and customer support is always accessible to users via chat, phone, email, or even social media. PayPal bitcoin casinos are the future of online gambling.
FAQ
Why use PayPal at a crypto casino?
PayPal is one of the most popular and trusted e-wallets in the world. Its wide availability across countries, secure transactions, and great privacy policy make it a great option to use at a crypto casino. Gamblers won’t need to worry about delayed payments and leakage of financial information while using PayPal.
Is PayPal safe and secure to use?
PayPal is absolutely safe to use. It employs various measures and fraud prevention policies to safeguard user transactions.
What are the fees associated with using PayPal?
There are no fees for using PayPal unless the transaction is dealing with different currencies. In such cases, a conversion fee of around 4.5% is charged by the platform.
What is PayPal's Buyer Protection and how does it work?
Under PayPal’s Buyer Protection program, if an eligible item doesn’t arrive or is significantly different from what was described, buyers can file a dispute with PayPal within the specified timeframe. PayPal will then investigate the dispute and, if appropriate, provide a refund for the full purchase price plus original shipping costs.
Eligible items include physical goods or intangible goods that can be shipped or transmitted digitally. Additionally, the dispute must be filed within the specified timeframe, typically 180 days of the purchase date.
What should I do if I have a problem with a PayPal transaction?
If the problem can’t be resolved after contacting the seller, users can open a dispute in the ‘Resolution Center’ section of their PayPal account. If it still isn’t resolved, users can escalate the dispute to a claim by selecting the ‘Escalate this dispute to a PayPal claim’ option in the Resolution Center. The PayPal team will then review the claim, and make a decision regarding it. This may take several days.
What games can I bet on at PayPal crypto casinos?
While this varies according to the PayPal bitcoin casinos, you can usually find games such as sports betting, live dealer games, video poker, slots, and table games like blackjack, roulette, baccarat, etc.
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Reviewed and Fact Checked by Maryam Jinadu , Fintech and Crypto Writer