The world of online gambling has seen its fair share of disruptions over the years. From the rise of online casinos and betting apps to the invention of virtual currencies like Bitcoin and Ether, there has been no shortage of innovation in this space. Digital currencies have also given gamblers a new way to deposit and withdraw funds from their favourite casino sites, and one such digital currency is Gcash. New players who sign up for an online slot site funded with Gcash may not be familiar with how it works. This guide gives you all you need to know about Gcash, its benefits, and some online slots sites that accept it as a deposit method.
What is Gcash?
Gcash is a digital currency that lets players make deposits and withdrawals on online casinos and slots sites. Gcash is a relatively new digital currency, having been established in 2017. The main aim of Gcash is to make it easier for online gamblers to deposit and withdraw funds from online casinos, especially in countries where credit cards are not accepted or have high fees. Gcash is primarily aimed at mobile users and can be used to deposit or withdraw funds from any desktop or mobile slot site. Gcash comes with lower fees than those charged by credit card companies, and you can use GCash to play slots and other casino games at reputable online casinos.
How to Deposit with Gcash?
The first step in using Gcash at a slot site is, of course, to create a new Gcash account. The good thing is that creating an account will only take a couple of minutes. To do this, you need to visit the Gcash website and click the Create an Account button. This brings up a registration form, where you can enter your name, email address, and Gcash password. You can then add a unique Gcash username and set a 2FA (two-factor authorization) on your account. Once your account is created, you can then proceed to deposit funds into it using your Gcash wallet. You can either send funds directly to your Gcash wallet or use a Gcash debit card to make a deposit. The former method is recommended as it is a safer method of depositing funds.
How to Withdraw Funds from Slots Games Using Gcash?
To withdraw funds from a casino or slots site that accepts Gcash, go to the Cashier section of your Gcash account. You will then be shown a list of available withdrawal methods. Select Gcash transfer and provide your Gcash address. They normally process request within a day. You can then use your Gcash address as the withdrawal address when making a withdrawal from your favourite slots site. Note that Gcash does not offer instant withdrawals, so you will have to wait at least one day for funds to be credited to your Gcash address. After that, you can transfer the money to your account account. Gcash offers a variety of withdrawal methods, including bank transfers and gift cards.
Pros of Playing at a Slot Site that Accepts GCash Payments
There are a number of benefits associated with playing online slot machine using gcash. They include:
- Cheaper deposit methods – Gcash is an electronic digital currency with no transaction fees attached. This means that you can use cheaper and quicker deposit methods such as debit cards or the Gcash mobile app to deposit funds into your gaming account.
- Faster withdrawal methods – Withdrawing funds from your Gcash wallet is much faster than withdrawing funds from a credit card. Gcash withdrawals are processed within 24 hours, while credit card withdrawals can take up to 7 business days.
Reasons to Play Slots Using Gcash
As mentioned above, there are several reasons why you should consider using Gcash to play slots. They include:
- Easier cash out options – One of the biggest problems with using credit cards to fund your gaming account is that you can’t easily cash out using those cards. This is because casinos have no legal method to send winnings directly to credit card owners. Using GCash solves this problem.
- Lower fees – When you use your credit card to fund your gaming account, you are charged a transaction fee by your credit card company. These are non-negotiable and can range from 2-4%. When you use GCash, you are charged only a 0.5% transaction fee.
Gcash is a digital currency that can be used to deposit and withdraw funds from any online slots site. Gcash offers cheaper methods of depositing funds and faster withdrawal options. If you are looking for an alternative to the traditional credit card payment method, Gcash is an excellent choice. This is perfect for players who prefer an easy way of funding and withdrawing their money from a casino online.