Binance pay – Online casinos with Binance 2023
Binance is a cryptocurrency exchange platform that also functions as a crypto wallet. Founded in 2017. Today it is one of the largest cryptocurrency exchanges in terms of trading volume.
Many gamblers ask what is binance pay, because they have already seen the Binance icon in the UK casino more than once. In addition to the exchange, the company has also developed its own payment acceptance system, which is now also available on gambling platforms.
In our binance pay review, you will learn all the features and benefits of working with Binance. Read to the end and perhaps this will become your main payment method in an not on gamstop online casino.
Best Binance pay casinos not on gamstop [tear]
Binance Casino – Crypto Exchange
Binance is one of the most popular cryptocurrency exchange platforms in the world, especially in terms of daily cryptocurrency trading volume. It was founded in 2017 by Changpeng Zhao, one of the most famous crypto innovators.
As an exchange platform, binance pay crypto box also uses a wallet to store Binance Coin (BNB), Beacon Chain trades, BNB Smart Chain and Ethereum contracts. This makes it easy to find and sell the coins you want to purchase. Not only that, Binance can also process fast transactions with cryptocurrency casinos and other services.
You can download binance pay wallet as an extension on your web browser to easily send and receive money transfers. At the same time, the user does not need to give access to his private key when logging into his account and transferring cryptocurrency.
Moreover, using the binance pay api is completely safe because the company’s extensions use a secure code to communicate between the extension and the user. In addition to security, it is necessary to note the ease of payment in casinos that accept cryptocurrency. You just need to choose a casino that supports binance blockchain and specify your wallet as a payment method.
Pros and cons
Before you create a binance pay id and start playing at UK cryptocurrency casinos, we recommend that you familiarize yourself with the advantages and disadvantages of Binance:
- Trade over 180 cryptocurrencies
- Support for binance pay, which allows you to pay for goods and services online
- Low fees (some casinos have even eliminated fees for depositing and withdrawing to Binance)
- High level of security
- Ease of use
- Before you start using Binance, you should study what cryptocurrencies exist and choose the most suitable one.
- Binance requires user verification. For some gamblers, this may seem like a tedious process.
What is BNB?
The company has its own cryptocurrency called Binance Coin (BNB) and also launched its own stablecoin called BUSD.
You can buy BNB for fiat currency (dollars, euros, pounds sterling, etc.). Do not forget that the rate is constantly changing, so you should choose the most suitable moment for the conversion.
Before you start using binance pay fees with bnb, please check if the online casino of your choice supports this payment method.
Largest Crypto Exchange
The Binance Wallet has some of the lowest transaction and exchange fees. The spot trading fee for Binance is only 0.10%, while the fee for buying with a debit card is 4.5%.
When it comes to making deposits at an online casino with binance pay merchants list, the platform will charge you a flat fee to cover the transaction costs of depositing your gaming account. The commission may vary depending on the token and the amount in the selected casino.
Regularly distributed bonuses from Binance offer replenishment of the game account even without writing off the minimum commission, which is very profitable.
How to register and get Binance pay crypto wallet
To become a Binance pay user, you need to register on the company’s website. We have put together a short step-by-step guide to successfully creating a binance pay account:
- Go to the official page https://pay.binance.com/ and click on the “Register” button in the upper right corner.
- In the new window, click “Register by phone or email”.
- Choose how you want to register: by phone or email.
- Fill in the required fields and click “Create a personal account”.
- Activate your account depending on the chosen registration method. Click on login binance in the upper right corner and fill in the details during registration.
- The system will redirect you to the profile page, but financial transactions are not yet available.
- Next, you need to attach photos of a document confirming the user’s identity in the appropriate section of your profile. The verification process takes 1-3 days.
Depositing and withdrawing deposits from Binance at the casino?
As with most wallets, you need to make sure you have enough funds before you start depositing or binance pay out at a UK casino.
After binance sign in, exchange fiat for BUSD or BNB using the Binance app or extension. You can also explore which crypto tokens are best for high stakes. You can purchase cryptocurrencies by logging into your wallet and finding the “wallet” tab. Then click on the “Fiat and Spot” option.
Choose a fiat currency and deposit it into your wallet using a credit card or bank transfer. When the funds are credited to the account, you can exchange them for BUSD, BNB or any other cryptocurrency.
If you are interested in how to pay into binance uk, then everything is simple: just find a casino that supports the coin that you have on your Binance account.
Withdrawing funds to the Binance wallet is even easier. You will be able to receive all winnings in a matter of minutes to the specified crypto-wallet in your personal casino profile.
Casino Games You Can Play With BNB
If earlier cryptocurrency was not taken seriously, today you can easily use binance payment as your main payment system. British casinos do not limit their players.
Slot machines remain the most popular gambling entertainment among users of cryptocurrency casinos. Many slot developers even develop their slot machines for a more convenient game with cryptocurrency.
Most popular games:
- Wolf Gold is a 5 reel, 25 payline slot from Pragmatic Play dedicated to the Wild West. The developer has recently integrated the ability to play with cryptocurrency into the slot.
- Gonzo’s Guest is a slot machine from BGaming on the theme of ancient American civilizations, which has a wide range of features for playing: 5 reels and 15 pay lines.
- Starburst – a slot from NetEnt needs no introduction, because almost all fans of gambling know it. It also, like in the previous examples, has 5 reels and 10 paylines.
Binance Online Gambling Alternatives
Although Binance is the largest cryptocurrency exchange in the world, you may still have reasons not to use it. We have prepared a small list of alternatives to Binance for online gambling: