Stability with USD Coin
USD Coin is an excellent choice for Kiwi online casino players looking for a reliable cryptocurrency. USDC is a stablecoin pegged to the US dollar, USDC maintains a 1:1 value ratio, and its value remains consistent. This stability is achieved by being fully backed by reserve assets held in regulated financial institutions. For New Zealanders, this means you can enjoy the benefits of cryptocurrency without the usual volatility that comes with other digital assets.
A Widely Accepted Stablecoin
USD Coin is widely accepted across various cryptocurrency exchanges, reputable online casinos, and financial services. This means New Zealand players will have no trouble using this currency at home or abroad for that matter. Its stability and trustworthiness make it a preferred choice for transactions. USDC’s integration with major blockchain networks like Ethereum, Algorand, and Solana enhances its utility and accessibility and makes it a convenient option for players on multiple casino platforms.
How to Set Up a USD Coin Account
Finding a reliable crypto gambling site for USD coins won’t be tricky at all. Here are the steps to follow and make sure that you have everything covered:
- Choose a Cryptocurrency Exchange: Kiwi players can use Binance, Coinbase, Kraken, and other reputable and secure platforms to purchase USD coins.
- Sign up for the Chosen Exchange: You’ll start by providing your email address and creating a secure password for your account. Complete any required identity verification (KYC) by submitting documents such as a photo ID and proof of address.
- Add a Payment Method: The next step is linking a payment method to your account, which you will use to purchase USD coins. This could be a bank account, debit card, or credit card. Some payment methods may incur higher fees or longer processing times, be sure to check those details beforehand.
- Purchase USD Coin: Navigate to the buy/sell section of the exchange. Select USD Coin (USDC) and enter the amount you wish to purchase. Review the transaction details, including fees, before confirming the purchase.
KYC at USD Coin Casinos
As is expected from the best online crypto casinos, most USD Coin casinos have KYC procedures as part of their withdrawal methods. They aren’t mandatory for all USDC transactions, but the casinos hold the discretional right to demand KYC procedures from players, so it’s better to be prepared and have a look at what these are in advance. The process is simpler than using cards or bank transfers.
- Photo ID: A government-issued identification (such as a passport, driver’s license, or national ID card) is sometimes needed to verify the player’s identity as the casino’s support team needs to match the information the player used during the registration process.
- Utility Bill: Some casinos require a recent utility bill (such as water, electricity, or gas) to prove the player’s residence in the jurisdiction they claimed during registration. The bill should state the player’s name and address, as this will be the information the support team will check.
Conclusion
Kiwi players who want to enjoy the best crypto casinos for their added benefits, such as higher bonuses or fast withdrawals, while still staying on the safe side, are welcome to try their luck at USD Coin casinos. These platforms offer the stability and security of USDC for a reliable and enjoyable crypto casino experience. When it comes to crypto-friendly gambling it is possible to experience the best of both worlds: exciting crypto benefits and top-notch safety measures. What are you waiting for? Choose the best USD Coin casino from our top list and reap the rewards starting today.
Alternatives
USD Coin certainly has its fair share of benefits as a payment method for online casinos, but it might not be the perfect fit for every player. If you’re considering other options, here we highlight some top payment methods, each with its benefits and downsides.
| Mastercard | Skrill | Paysafecard |
| - Fast deposits and withdrawals
| - Anonymous and secure transactions
|
| - High level of security with encryption and fraud protection
| - No need for a bank account or credit card
|
| - Convenient & easy to manage multiple currencies
| |
| - Lower transaction fees compared to debit cards
| - Helps with budgeting and controlling spending
|
- Secure transactions with bank-level encryption
| | - Not available for withdrawals
|
- Withdrawals can take several days to process
| - Not accepted at every online casino
| - Limited maximum deposit amounts
|
- May incur higher transaction fees
| | |
