Uptown Pokies Casino allows you to make deposits in crypto and normal currencies. The wide range of banking methods opens services to players in Australia and other markets. We help you decide which banking option you should choose by discussing various banking options available at Uptown Pokies Casino on this page. Keep reading for details about transaction limits, currencies supported, and the reliability of popular payment methods.
In addition, we highlight why cryptocurrencies are good options and point out major points of concern with crypto tokens at Uptown Pokies.
Uptown Pokies Accepted Cryptocurrencies
Uptown Pokies targets the Aussie gaming community and does not lock out players from other regions. Accepting cryptocurrencies eases transaction processing across all countries. In addition, crypto transactions are fast and secure. Following this, players who deposit and withdraw from Uptown Pokies via Bitcoin and accepted altcoins enjoy secure gaming.
Members can make anonymous payments. The small transaction charges on crypto transactions leave punters with more to spend on games. Only top-ranked crypto tokens are accepted at Uptown Pokies. The sections discuss three popular cryptocurrencies you can use at the casino.
Bitcoin
Bitcoin is the most popular cryptocurrency at Uptown Pokies. Platforms that allow you to easily liquidate BTC tokens to fiat money are easily accessible and easy to use. You can opt to store BTC tokens on a centralized exchange like Binance or your own non-custodial wallet. BTC coin pioneered blockchain transactions in casinos and is widely accepted across the world. However, the wide usage of Bitcoin leads to network congestion. As a result, you risk running into unexpected delays when depositing or withdrawing BTC at Uptown Pokies.
Volatility plagues BTC and other cryptocurrencies. Price depends on demand, causing huge changes in value within a short period. If you hold on to tokens for a long time, their value can change when you want to use them. Protect your BTC tokens from volatility effects by using them for wagers immediately after you exchange money for tokens.
Pros
- Widely accepted
- Easy to liquidate
- Secure
- Low fees
Cons
- Highly volatile
- Delays due to network congestion
Lightning Bitcoin
Lightning Bitcoin solves the shortcomings of Bitcoin. The layer-2 token eases congestion on the BTC network. As a result, transaction processing is expedited and players can make instant deposits and faster withdrawals. Lighting Bitcoin transactions have low fees. Therefore, choosing the lightning network to transact Bitcoin leaves you with more money to spend on wagers.
Lightning Bitcoin is secure and fast. But you still have to deal with volatility. Price is driven by demand.
Pros
- Fast transactions
- Privacy on transactions
- Low fees
Cons
- Price volatility
Litecoin
Litecoin seeks to make crypto processing faster. The LTC token has a shorter block confirmation time; transactions are fast. Tested average speed ranges between 2.5 minutes. Using Litecoin at Uptown Pokies comes with quick deposits with low network fees. You can make pseudo-anonymous payments and claim bonuses available to you.
Pros
- Fast transactions
- Anonymous transactions
- Low fees
Cons
- Volatile
- Many steps to swap coins
Traditional Banking Options At Uptown Pokies
You can opt for normal currency transactions at Uptown Pokies to save yourself from the volatile nature of cryptocurrencies. The banking section showcases a number of e-wallets, pre-paid cards, and debit cards that are accepted. It is up to you to pick the most suitable option for where you are located. Here are the most popular transaction methods widely used by players today:
Neosurf
Neosurf originated in France. This payment option allows players to make deposits into Uptown Pokies using pre-paid vouchers. A 10-digit code uniquely identifies each voucher and has a fixed denomination. Funding your account with Neosurf promotes privacy. All you need is to purchase the voucher and enter the code. A credit equal to the value of the voucher is added to your account.
Unfortunately, Neorsurf cards can only be used to make deposits. Withdrawals have to be processed via alternative methods.
Pros
- Enables private transactions
- Easy to use
- Available in many denominations
Cons
- Does not support withdrawals
eZee Wallet
eZee is an online wallet that supports multiple currencies. It is easy to use, and no fees are charged when topping up your account. Making deposits allows you to claim matching bonuses at Uptown Pokies. You have to fund your account with enough cash to meet minimum deposit limits to get bonuses. After growing your balance, you can make withdrawals from your account. Cashouts up to 72 hours.
Pros
- Supports multiple currencies
- Low transaction fees
- Password secured
- Withdrawals supported
Cons
- Not available in some countries
Cash to Code
Secure pre-paid voucher used to process deposits into your account. You can purchase Cash-to-code vouchers in denominations starting at $25. The highest single voucher available is worth $400. Load funds into your account by entering the 20-unit alphanumeric code linked to the voucher you buy. There are no hidden fees or transaction charges.
Pros
- Secured with a 20-unit code
- Fast transactions
- Vouchers available in many denominations
Cons
- Only works with deposits
- Limited to a few currencies
Visa And Mastercard
Visa and Mastercard support multiple currencies. Additionally, the two cards are accepted in many countries. Both allow you to transact with a debit card or credit card, depending on your bank. Deposits are quick and require you to enter a CVV code and the card number. Following this, your transaction is no longer private. Fees charged to facilitate transactions are higher compared to all the other banking options. Lastly, withdrawals are supported. These can take up to 7 days.
Pros
- Enables transactions in many currencies
- Fast deposits
- Available in almost every country
Cons
- High fees
- Withdrawals can be delayed up to 7 days
Are Cryptocurrencies Better Than Traditional Banking Methods?
Transacting in cryptocurrencies carries risk due to volatility. However, volatility can work to your advantage in the right conditions. Say you deposited BTC tokens into your account a few months back when the value of 1 BTC token was $65,000. The same tokens would be worth more when BTC retails at $100,000. If the value of 1 BTC falls below the value you purchased your tokens at, you would have less to play with. Of course, you can avoid dealing with the dynamics caused by volatility if you play with your deposit within a short period.
Transacting with traditional banking options does not carry any risk. You get your money’s worth regardless of when you play. eZee wallet is the best traditional banking option. It has low fees and supports multiple currencies. However, it is not available in many countries. Visa and Mastercard can be used in all regions. Additionally, debit cards and credit cards work are accepted for deposits and withdrawals.
On the flip side, Visa and Mastercard transactions have high transaction fees. Withdrawals can take up to 7 days. Neousurf pre-paid vouchers are only good when funding your account. Using them requires you to set up a different banking option for withdrawal processing.
The Verdict: Cryptocurrency Is The Best Option
All things considered, cryptocurrencies prove to be the best option. You can transact in Bitcoin to enjoy fast transactions. If you experience slow transactions on the BTC network, you can switch to Litecoin or Lightning Bitcoin. Additionally, consider swapping your coins for stablecoins like USDC or USDT. These are not affected by volatility. Therefore, the value of your portfolio will remain intact.
