Currencies used during game play at online casinos

Betivity wants to talk to you about the importance that currencies have in the online gambling industry. As you know, across the world there are a huge amount of different currencies used. Not only are we talking about local coin but also digital as the new and emerging cryptocurrencies. Bitcoins, Ethereum and Litecoin are quickly gaining track on online casinos. 

Euro

I would think that 99% of all online casinos provide Euros as a currency. Why? Well because online casino gaming in Euro has been hugely popular throughout the years and where there is the most acceptance of this exciting lifestyle. Most online casinos are also based in the European Union making Euros a must have for anybody offering this service in the industry. 

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British Pounds

Call it British Pounds, Sterling, Nickers or Quids. The GBP is one of the main currencies in the online casino world. The UK population have always been great fans of this activity, and rightfully so online casino should offer their primary currency. 

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Bitcoin

The most popular cryptocurrency at the moment, used by consumers all over the world. Bitcoins are perfect for online casinos since they offer benefits standard currencies can't provide.

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US Dollars

Most countries around the world use US Dollars or at least have it as their main exchange rate with their national currency. However, US dollars are not as popular as you would think at online casinos. Why? Well because of some touchy law issues still going on and the acceptance of US residents. You can still find tons of online casinos accepting US dollars. 

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Australian Dollars

You can find a high number of casinos accepting Australian Dollars, for as you can tell this is the primary currency for Australia and a few surrounding islands like Christmas Island and Norfolk Island. The Aussie dollars is the 5th most traded currency in the world right now, so it makes sense that online casinos provide it for their interested users. Have fun with our ripper casinos we have selected for you!

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Canadian Dollars

Either a Looney or a Piastre, Canadian Dollars are an important currency for online casinos. Canadians definitely enjoy entertaining themselves at the tables or slots. So if you are Canadian and looking for online casinos accepting your currency, check out our selections!

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Danish Krone

As Denmark has started to grow in popularity in the online gaming industry, more and more casinos have been accepting the Danish Krone. Not only is this currency accepted in Denmark but it is also used in Greenland and the Faroe Islands. 

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Japanese Yen

One of the top traded currencies in the world at the moment. The Japanese Yen is a strong coin with massive potential in the online casino industry. We are ready to see the JPY develop into a top ranking currency in this niche. 

New Zealand Dollars

Non officially called the "Kiwi", the New Zealand dollar is the official currency of this country. Abbreviated with the $ sign many use the NZ$ to diffirentiate from similar currencies. New Zealand dollar is popular with online casinos.

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Norwegian Krone

Thanks to high valued players from Norway, the Norwegian Krone can be found on online casinos accepting players from the Scandinavian countries. If you are from Norway and looking for some casinos accepting the Norwegian Krone, please check out our selections. 

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South African Rand (ZAR)

The South African Rand, also known as the ZAR, is mainly present on online casinos accepting South African players. Not only is the ZAR used in South African, but also has a presence in Namibia and Lesotho. 

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Swedish Krona

I have heard people from Sweden call their currency different nicknames, a few being: spänn, stålar, slant, bagare, bagis, amongst others. The Swedish Krona is a popular currency for online casinos, especially the ones targeting Scandinavia as their top market.

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Swiss Francs

This currency is the official coin of Switzerland. Its currency symbol is the CHF and is also used in Liechtenstein. Locals sometimes call this the Stutz, Eir, Chuffs or the Stei. It is currently stated that Swiss Francs are one of the top currency exchanges across the world, probably because of all the big banks in the country. 

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Polish Zloty

Polish Zlotys are Poland's official currency, even though Poland is a member of the European Union. Most online casinos tend to provide euros and not Zlotys, but polish players will be able to find a few that do provide it. 

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Argentine Pesos

The currency for the country of Argentina. This is a growing market as well as other south american countries so you'll be able to find more and more online casinos offering argentinian pesos in the future.

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Brazilian Real

As the name says, its the official currency of the country of Brazil. The code of the Brazilian Real is known is the BRL, the symbol is R$. The Brazilian population calls this coin by just Real, which makes sense, why would they have to say "Brazilian" if they are in Brazil? This domestic currency is managed by the central bank which is called the Banco Central Do Brasil. 

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Indian Rupee

The Rupee has had its ups and downs in recent years regarding value and exchange rates, but that has not much to do with online casinos accepted it or not. Not all casinos offer Indian Rupees, but we have selected a few that do. Check them out!

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Mexican Pesos

Viva Mexico cabrones! If you are a Spanish speaker from Mexico, you'll get it. If not just omit this. Let's talk about some Mexican Pesos and some online casinos shall we? Not a hugely popular currency as most Mexican players opt to play in other currencies anyway. Still, doesn't hurt to offer it, we have selected the ones that do. 

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Russian Ruble

Online Casinos providing Russian Rubles for the Russian market will have an immediate advantage over the ones that don't. With such a significant population of the world using Rubles, it only makes sense that a casino would make rubles available to play with. 

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Ethereum

Ethereum is a cryptocurrency that is growing in popularity as we speak, so it is only normal that online casinos start accepting this as a currency. If you would like to use Ethereum at an online casino, we have selected a few options for you. Good luck!

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Players usually prefer playing at the casino of their choice in the currency of the country they live in. If you live in the European Union you probably prefer playing in Euros. If you are from the United States then Dollars is probably your choice. Members of the United Kingdom will apply for British Pounds, and so on.

Why are online casino currencies so important?

Currencies play a big part for players looking to avoid spending extra on exchange rates when switching around from their domestic currency to a foreign currency. Which is why you should choose preferably to play at an online casino that offers your domestic coin. Play can take full advantage of this 1:1 ratio.  At Betivity we will help you find the online casinos that offer the specific currency you are looking for in order to avoid what we mentioned before.

What are cryptocurrencies and why are they important?

You have probably heard of Bitcoins lately, right? Well, Bitcoin is an actual cryptocurrency, which is a digital currency that is extremely secure due to the use of cryptography. Making this extremely difficult to counterfeit and possesses many different positive benefits. All in all, cryptocurrencies are emerging in popularity which is why more people and companies are accepting them.

In terms of benefits for players and online casinos,  you can easily make deposits and withdrawals without going through the arduous work of sending in your documentation to prove your identity. Why? Well because with cryptocurrency there is no chance of chargebacks, which is one of the main reasons casinos ask for documentation. You also don’t have to wait forever for the casino to send you back your funds after you withdrawal. Cryptocurrencies allow you to withdraw much faster to your crypto wallet. No banks are associated with this so you won’t need to pay any extra fees which is a relief. BitStarz, for example, will provide players the option of choosing between Bitcoins and normal currencies.

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