Are you tired of waiting for ages to collect your money? If so, I’m here to tell you about a banking option to speed up your transactions: Neteller. This leading e-wallet was already one of our experts’ favourites, but now that it accepts cryptocurrency it’s even better! I’ll break down what this means for players like you, plus cover which casinos accept Neteller in Canada, and more.
What You Need to Know about Neteller and Cryptocurrency
Neteller is one of the big three e-wallets we typically see at the best online casinos in Canada along with Skrill and PayPal. The latter two are definitely more well known, but neither of them have embraced crypto yet, which could be a gamechanger.
If you haven’t used crypto at online casinos in Canada, you should know that you’re not alone. Cryptocurrencies are some of the fastest and most secure casino payment methods in Canada, but the learning curve scares away a lot of players.
By incorporating crypto into its e-wallet, Neteller has almost completely eliminated that learning curve. You can buy crypto through your account with traditional banking methods and cash it out just as easily. All you need to do to send it to your casino account is copy and paste the casino wallet address.
It’s also worth making clear that Neteller has not become just a crypto wallet. You can still use it for all its old traditional banking features. Nothing has changed on that front. It is still a solid e-wallet to use in place of your credit/debit card. It also supports no-fee Interac deposits and as a digital wallet that you can use to spend money at thousands of other sites.
PayPal and Skrill lag behind in Canada
Neteller was the first of our top three most recommended e-wallets to adopt crypto. Skrill has recently joined the bandwagon, but it’s not quite as well supported.
PayPal doesn’t support crypto at all in Canada. However, you can use your PayPal account to buy cryptocurrencies from select exchange platforms, like Kraken or Coinbase. The problem with this is that those platforms are not as worthwhile for occasional cryptocurrency users. In other words, if you’re not a huge crypto fan, you’re better off using an e-wallet with crypto like Neteller or Skrill.
Additionally, our experts always suggest keeping things as simple as possible. If you want to use crypto to gamble online in Canada, a one-stop-shop option is better than having to use your PayPal account to buy crypto on a separate exchange. It doesn’t sound like a big difference, but trust me, it makes a difference, especially if you’re a new player. Not to mention the extra fees involved with extra transfers.
Buy and Sell Over 40+ Cryptocurrencies on Neteller
In my opinion, one of the biggest ways Neteller stands above other e-wallets with crypto is the number of currencies available to purchase. In Canada, you can buy, sell, and trade over 40 different coins.
Some of the available tokens include:
- AVAX
- Bitcoin
- Bitcoin Cash
- Cardano
- Dogecoin
- Ethereum
- Litecoin
- Polygon
- Shiba Inu
- Solana
Expert Tip:
As high as I am on using Neteller and cryptocurrencies at online casinos, you should know that every potential banking option has its strengths and weaknesses. Ultimately, what you need to do is assess the pros and cons for yourself and pick the payment method that best meets your needs.
Is Neteller’s Crypto Option Right for You?
To help you decide whether this is a good fit for you, here are some the biggest pros and cons of using Neteller for crypto deposits and withdrawals:
Pros | Cons |
✅ Instant deposits and withdrawals | ❌ Often not eligible for bonus offers |
✅ More anonymity than credit/debit cards | ❌ Fees for crypto transactions |
✅ Higher limits than most banking options | |
✅ Flexibility to buy/sell 40+ currencies |
Neteller Skyrockets to the Top of the Payment Industry
For many in the crypto casino or just regular online casino space, Neteller is an old school name that had been fading. They’ve given themselves new life by adding this crypto angle and giving players (and just online users in general) a one-stop-shop e-wallet with crypto access. It’s a smart move by them.
If you’re a player, it’s time to fire up your old Neteller account and go see what’s new. They’re now one of the more useful e-wallets whether you’re looking for regular online transactions or something in the crypto space.