What Are the Fastest Casino Payout Methods?
When playing online, there are USA casino sites that are more than happy to process your deposits instantly and then make you wait an excruciatingly long period of time to receive your winnings. Fortunately, there are sites in the United States that can act quicker and this is your chance to discover the fastest casino payout methods.
Which Withdrawal Methods Can I Use?
In the United States, the legality of online casino sites is gradually improving. With the likes of Nevada, New Jersey, Delaware, and Michigan now offering online gambling services, other states in the USA are beginning to take notice. Therefore, it is becoming more important for players to understand the available payment methods at their disposal. Fortunately, you can depend on our expertise to help you find the fastest casino payout method.
Banks & Cards
When paying online, many of us think first of our bank account and the credit or debit cards that are connected. These traditional forms of payment were the first methods available when depositing and withdrawing at casino sites. Because they are already set up, they can feel convenient and familiar. However, there are other factors to think of.
Paying online by credit card is one of the quickest ways to pay, but is rarely one of the fastest casino payout options. This is because a US operator can require multiple banking days to process the withdrawal. However, with banking regulations now vital in online trading, an operator can impose strict know your consumer (KYC) checks that require time to complete. As you can imagine, any extra admin requirements can increase the duration of your transaction.
eWallets & Prepaid Vouchers
By this point, everybody has heard of PayPal, even if this payment provider can be tricky to deal with when attempting to process deposits and withdrawals in the US. Thankfully, there are other payment providers that are more focused on serving the best US casinos online. Two examples are Neteller and Skrill, both of which are owned by the Pay Safe Group. These can be combined with traditional banking methods while improving the speed and security of transactions.
With an eWallet, you can preload US dollars from your bank account or a credit card. An eWallet is connected with your bank account and acts as a buffer in your online transactions. Along with the security benefits, and eWallet can enable rapid withdrawals. Same-day services are common and often then funds can be received instantly.
The technology behind eWallets has been developed to ensure that they are capable of receiving funds from online sources, whereas some banks are lagging with their technology. The eWallet can then act as a bridge when you are ready to cash-out the funds to your bank account.
Bitcoin is the most famous of the cryptocurrencies that are accepted by crypto casino sites online. However, it is rarer, more expensive, and it requires time to complete a transaction. This is because several individuals on the network are required to confirm the transaction before it can be approved. As such, you can be required to wait for an hour or a little longer to receive completion.
Unless there is a drastic change in the technology, Bitcoin will never be able to facilitate instant withdrawals. However, Bitcoin is much quicker than withdrawing to a bank account and it usually comes with fewer checks compared to other currencies and payment methods. For these reasons alone, it can be a viable option to use Bitcoin. Alternatively, you could search for casinos that accept Ethereum, Litecoin, Dogecoin, and other cryptos.
Which is the Fastest Casino Payout Method?
- eWallet (instant): At some USA friendly sites, there are cashiers that can process an instant withdrawal of funds to your eWallet. Although slightly slower, you should never settle less for a same-day withdrawal between Monday and Friday when using an eWallet;
- Cryptocurrency (an hour): Bitcoin and other cryptocurrencies can be used to process withdrawals in an hour. Once enough members of the block chain have approved the transaction, you can receive your funds. With crypto, you can potentially bypass sluggish KYC protocols.
- Banks (three to five banking days): Unfortunately, it can take from three to five banking days, on average, for a withdrawal to reach your account or credit card.
Even if you like your credit card provider or bank account, you should at least consider pairing this method with an eWallet. This is because money can move faster from the casino to your eWallet and then your bank account than it can directly to your account. As you can see, a little readjustment can ensure that you start using one of the fastest casino payout method available in the USA.