CoinsPaid is one of the leading crypto payment gateways in the iGaming sector. Founded in 2014, it has become a trusted partner for many casinos that want to accept cryptocurrencies but also need secure, regulated infrastructure to handle payments.
For players, CoinsPaid offers a smooth way to deposit and withdraw funds in Bitcoin, Ethereum, Litecoin, Tether, and other cryptocurrencies while having transactions instantly converted to $ if necessary. By 2025, it is one of the most widely adopted crypto processors in online casinos.
What Is CoinsPaid and How It Works
CoinsPaid acts as a bridge between crypto wallets and online casinos. Players send cryptocurrency to the CoinsPaid system, which confirms the transaction and transfers the equivalent amount to the casino in $ or another supported currency.
This solves two issues:
- Volatility: The casino receives stable fiat values.
- Compliance: Transactions are monitored for AML/KYC requirements.
| Step | Player Action | CoinsPaid Role | Casino Result |
| Deposit | Send crypto | Converts to $ instantly | Casino account credited |
| Withdrawal | Request payout | Converts from $ to crypto | Player wallet funded |
Registering and Setting Up CoinsPaid
Players do not always need a CoinsPaid account, as many casinos integrate it directly into their cashier systems. However, for direct use, players can create a wallet.
How to set up CoinsPaid Wallet:
- Visit the CoinsPaid website.
- Create an account and verify email.
- Complete KYC verification for higher limits.
- Fund the wallet with supported cryptocurrencies.
- Use the wallet in casinos partnered with CoinsPaid.
| Step | Time Required | Notes |
| Registration | 2–3 minutes | Email & password |
| Verification | 10–30 minutes | Needed for higher limits |
| First deposit | Seconds | Once wallet is funded |
Deposits with CoinsPaid in Online Casinos
Depositing via CoinsPaid is simple and instant.
- Go to the casino cashier and choose CoinsPaid.
- Enter deposit amount (min. $10–$20 equivalent).
- Generate a payment address or QR code.
- Send crypto from your wallet.
- CoinsPaid confirms and credits your casino balance in seconds to minutes.
Most casinos set deposit minimums at around $10, making it accessible for casual players.
Withdrawals with CoinsPaid
CoinsPaid supports fast crypto withdrawals, usually quicker than bank wires or even e-wallets.
- Minimum withdrawal: $20–$30 equivalent.
- Processing time: Casino approval + blockchain confirmation = usually 0–24 hours.
- Flexibility: Withdraw to the same crypto used for deposit.
Casino Examples Supporting CoinsPaid
CoinsPaid is trusted by many big names in the industry. Examples include:
- 1xSlots Casino: Offers Bitcoin, Ethereum, and Tether via CoinsPaid.
- BitStarz: Popular hybrid casino with instant crypto payments.
- Playamo: Accepts a wide range of cryptocurrencies through CoinsPaid.
- King Billy Casino: Provides fast withdrawals via CoinsPaid.
- 7Bit Casino: Integrated with CoinsPaid for $10+ deposits.
Limits and Fees
| Feature | Value | Notes |
| Min deposit | $10–$20 | Operator-dependent |
| Max deposit | $50,000+ | High-roller friendly |
| Min withdrawal | $20–$30 | Casino-dependent |
| Max withdrawal | $20,000–$50,000 daily | VIPs higher |
| Deposit fees | $0 | Casinos absorb costs |
| Withdrawal fees | Network fee only | Varies by coin |
| Conversion | None if crypto kept | Applies if converted to $ |
Security and Regulations
CoinsPaid is widely regarded as a secure crypto gateway in iGaming.
- Encryption: All transactions are SSL-encrypted.
- AML/KYC compliance: Casinos must follow anti-money laundering rules.
- Blockchain transparency: All transfers verifiable on-chain.
- Volatility protection: Funds converted instantly to $ for casinos.
This balance of compliance and blockchain transparency is why so many casinos trust CoinsPaid.
Advantages of CoinsPaid
- Supports many cryptocurrencies (BTC, ETH, LTC, USDT).
- Instant deposits and fast withdrawals.
- High transaction limits.
- Secure and regulated provider.
- Trusted by top online casinos.
Disadvantages of CoinsPaid
- Limited to casinos partnered with CoinsPaid.
- Blockchain confirmation times can slow deposits.
- Crypto volatility still affects player balances if not converted.
- Withdrawals depend on casino approval time.
- Not ideal for players unfamiliar with crypto.
Comparison with Direct Bitcoin and Tether Payments
| Feature | CoinsPaid | Direct Bitcoin | Tether (USDT) |
| Deposit speed | Seconds–minutes | 10–60 minutes | 5–20 minutes |
| Withdrawal speed | 0–24h | 0–24h | 0–24h |
| Volatility | Covered (converted to $) | High | Stable |
| Fees | Low (network fee only) | Miner fees | Network fees |
| Accepted coins | Multi | Bitcoin only | USDT only |
Tips for Using CoinsPaid in Casinos
- Always double-check wallet addresses before sending funds.
- Use Tether (USDT) in CoinsPaid if you want to avoid volatility.
- Choose casinos that allow withdrawals via CoinsPaid, not only deposits.
- Verify your casino’s license for extra safety.
Trends in 2025
- Growing adoption: More casinos integrate CoinsPaid for crypto payments.
- Stablecoins: Rising use of USDT and USDC through CoinsPaid.
- Mobile focus: Casino apps increasingly support QR-based crypto deposits.
- Compliance improvements: Enhanced KYC processes for regulated markets.
Conclusion
CoinsPaid is a leading crypto gateway in online casinos, offering fast deposits, reliable withdrawals, and strong security. For players in 2025, it provides one of the most convenient ways to use cryptocurrencies in gambling without worrying about volatility or compliance issues.
Recommendations:
- Use CoinsPaid if you want fast and secure crypto payments.
- Opt for stablecoins like USDT if you prefer stable balances.
- Stick to casinos like BitStarz, Playamo, and King Billy that openly support CoinsPaid.
