When registering at a new online casino, individuals may be presented with the option to set the new account to a specific currency. The best option for the player is to choose the currency of his home country. The individual will then be able to play each of the online casino games offered using the currency he is accustomed to.
Avoiding Currency Exchange Fees
When players join online casinos which do not offer their own country’s currency, then the players must pay currency exchanges fees based on the current rate of exchange. These fees are charged when adding money to the players’ accounts as well as when withdrawing money. By choosing online casinos which offer home currency, the exchange fees are avoided offering more play for the money.
Free Banking Options
Using free banking options is another way to avoid additional fees associated with playing at online casinos. Choose to make deposits in home currency by using a debit card which is linked to a bank account within the country. Check with customer service to see if there are any additional fees attached to this method for depositing or withdrawing (usually there is not).
Prepaid debit cards typically will have high fees attached to them based on the number of times used, monthly fees, and such. This type of debit card is often used, but have fees associated with them which add up over time.
PayPal Debit Card & PaySafeCard
For players who have a PayPal account with a PayPal debit card, this is another great option to use. There are no charges to use the card like a bank debit card as long as there is a balance in the players’ PayPal account.
PaySafeCard is an option used by many online casino players. This method works much like a prepaid voucher system. The vouchers can be purchased online or at different locations in set amounts of money. Simply check with the online casino of choice to see if they accept this method of use.
Withdrawal Options for Rapid Payouts
Not only is it nice for online players to win, but also to gain a rapid payout of their winnings. Hassles are the last thing the players want to deal with. So, choosing the best options will prevent future headaches.
Many online casinos offer instant payout options, such as a web wallet or e-wallet. The most popular e-wallets include Skrill, PayPal, and Neteller. Always be aware of any fees (if any) which might be associated with these services. Also, be sure the country of residence offers the availability of the withdrawal e-wallet service desired.
The Best Option: Choosing Home Currency
Although online casinos offer many different currency options, the players gain the most from choosing home currency. Many fees can be avoided including exchange rate fees for deposits and withdrawals. Using free banking options also allows the player to place more money back in his pocket. The main goal in playing online casino games is to have fun, win money, and gain the advantages!