Popular Currency Options at Online Casinos Worldwide

Having a wide variety of methods to deposit and withdraw from an online casino does make one’s experience smoother, doesn’t it? Players do appreciate the flexibility as well as the freedom to experiment with different payment methods to see which one fits them the most.

Other than this, they also appreciate being given the opportunity to use their own local currencies to play games. People simply find it more convenient to keep track of their bankroll if the funds they use are expressed in their own currency.

In this article, we shall talk about the most popular currencies on a global level and why is it important to opt for the local one when playing at an online casino. We shall also discuss the advantages of using a native currency, giving you some handy hints on how to find the most suitable casino for yourself. Keep reading!

What is a Currency?

A currency represents a standardization of money in any form, in use or circulation as a medium of exchange. Most commonly, it comes in the form of banknotes and coins.

There are three main types of currencies- fiat money, commodity money, and representative money, plus the fourth type, whose popularity has been rising in recent years- digital currencies. They come in the form of cryptocurrencies or as government-backed digital notes and coins, for example, digital renminbi in China.

In addition to this, there’s something called pseudo-currencies or branded currencies, which function as some types of loyalty points. They are often used by credit card providers, airlines, in video games, in stores, and at online casinos.

Those found at online casinos are collected based on one’s overall activity, ranking, the amount and frequency of deposits, the type of games played, and so on. In most cases, such credits/ internal currencies can be used as playing credits. Sometimes, the casino even gives the possibility to convert them into real money, at the exchange rate determined by the operator.

Currencies (63)

Currency Casinos View Review
U.S. Dollars U.S. Dollars 922 View Review
Euro Euro 915 View Review
Bitcoin Bitcoin 781 View Review
Canadian Dollars Canadian Dollars 706 View Review
Litecoin Litecoin 678 View Review
Ethereum Ethereum 644 View Review
Tether Tether 535 View Review
New Zealand Dollars New Zealand Dollars 528
Bitcoin Cash Bitcoin Cash 507 View Review
Norwegian Krone Norwegian Krone 466
Brazilian Real Brazilian Real 418
Ripple Ripple 401 View Review
Dogecoin Dogecoin 347 View Review
AU Dollars AU Dollars 346 View Review
India Rupees India Rupees 326
South African Rand South African Rand 283
Tron Tron 270 View Review
Japanese Yen Japanese Yen 247
U.K. Pounds U.K. Pounds 239 View Review
USD Coin USD Coin 236 View Review
Polish Zloty Polish Zloty 235
Russia Rubles Russia Rubles 185
Chilean Peso Chilean Peso 180
Cardano Cardano 175 View Review
Swedish Krona Swedish Krona 167
Peru Sol Peru Sol 166
Mexico Pesos Mexico Pesos 149
Swiss Francs Swiss Francs 122
Thailand Baht Thailand Baht 119
Dash Dash 114 View Review
Argentine Peso Argentine Peso 111
Danish Krone Danish Krone 109
Hungary Forint Hungary Forint 104
Turkish Lira Turkish Lira 95
Czech Crown Czech Crown 94
Malaysia Ringgits Malaysia Ringgits 84
Colombian Peso Colombian Peso 78
Indonesia Rupia Indonesia Rupia 77
Philippine Peso Philippine Peso 74
Vietnamese Dong Vietnamese Dong 74
Nigerian Naira Nigerian Naira 64
Solana Solana 62 View Review
Singapore Dollars Singapore Dollars 60
Monero Monero 60 View Review
Chinese Yuan Renminbi Chinese Yuan Renminbi 56
South Korean Won South Korean Won 51
mBTC mBTC 41
Romanian Leu Romanian Leu 35
Hong Kong Dollars Hong Kong Dollars 34
Polkadot Polkadot 29 View Review
EOS EOS 20 View Review
Dirham Dirham 17
Saudi Riyal Saudi Riyal 16
NEO NEO 15
Qatari Riyal Qatari Riyal 13
Serbian Dinar Serbian Dinar 13
Kenyan Shilling Kenyan Shilling 10
Bolivian Boliviano Bolivian Boliviano 9
Tanzanian Shilling Tanzanian Shilling 9
Georgian Lari Georgian Lari 5
Zcash Zcash 4
FUN FUN 3 View Review
Toncoin Toncoin 1 View Review
Currency:
Casinos: 922
View Review: View Review
Currency:
Casinos: 915
View Review: View Review
Currency:
Casinos: 781
View Review: View Review
Currency:
Casinos: 706
View Review: View Review
Currency:
Casinos: 678
View Review: View Review
Currency:
Casinos: 644
View Review: View Review
Currency:
Casinos: 535
View Review: View Review
Currency:
New Zealand Dollars
Casinos: 528
Currency:
Casinos: 507
View Review: View Review
Currency:
Norwegian Krone
Casinos: 466
Currency:
Brazilian Real
Casinos: 418
Currency:
Casinos: 401
View Review: View Review
Currency:
Casinos: 347
View Review: View Review
Currency:
Casinos: 346
View Review: View Review
Currency:
India Rupees
Casinos: 326
Currency:
South African Rand
Casinos: 283
Currency:
Casinos: 270
View Review: View Review
Currency:
Japanese Yen
Casinos: 247
Currency:
Casinos: 239
View Review: View Review
Currency:
Casinos: 236
View Review: View Review
Currency:
Polish Zloty
Casinos: 235
Currency:
Russia Rubles
Casinos: 185
Currency:
Chilean Peso
Casinos: 180
Currency:
Casinos: 175
View Review: View Review
Currency:
Swedish Krona
Casinos: 167
Currency:
Peru Sol
Casinos: 166
Currency:
Mexico Pesos
Casinos: 149
Currency:
Swiss Francs
Casinos: 122
Currency:
Thailand Baht
Casinos: 119
Currency:
Casinos: 114
View Review: View Review
Currency:
Argentine Peso
Casinos: 111
Currency:
Danish Krone
Casinos: 109
Currency:
Hungary Forint
Casinos: 104
Currency:
Turkish Lira
Casinos: 95
Currency:
Czech Crown
Casinos: 94
Currency:
Malaysia Ringgits
Casinos: 84
Currency:
Colombian Peso
Casinos: 78
Currency:
Indonesia Rupia
Casinos: 77
Currency:
Philippine Peso
Casinos: 74
Currency:
Vietnamese Dong
Casinos: 74
Currency:
Nigerian Naira
Casinos: 64
Currency:
Casinos: 62
View Review: View Review
Currency:
Singapore Dollars
Casinos: 60
Currency:
Casinos: 60
View Review: View Review
Currency:
Chinese Yuan Renminbi
Casinos: 56
Currency:
South Korean Won
Casinos: 51
Currency:
mBTC
Casinos: 41
Currency:
Romanian Leu
Casinos: 35
Currency:
Hong Kong Dollars
Casinos: 34
Currency:
Casinos: 29
View Review: View Review
Currency:
EOS
Casinos: 20
View Review: View Review
Currency:
Dirham
Casinos: 17
Currency:
Saudi Riyal
Casinos: 16
Currency:
NEO
Casinos: 15
Currency:
Qatari Riyal
Casinos: 13
Currency:
Serbian Dinar
Casinos: 13
Currency:
Kenyan Shilling
Casinos: 10
Currency:
Bolivian Boliviano
Casinos: 9
Currency:
Tanzanian Shilling
Casinos: 9
Currency:
Georgian Lari
Casinos: 5
Currency:
Zcash
Casinos: 4
Currency:
FUN
Casinos: 3
View Review: View Review
Currency:
Casinos: 1
View Review: View Review

Different Types of Casinos Based on Currency Selection

Depending on the type or the number of currencies offered by an operator, casinos can be divided into the following three most common types:

  • Single currency sites

As the name itself implies this is the type of an online casino where a player can use a single type of currency only. For example, casinos accepting players from the United States will offer USD as an available currency, while those accepting players from a large number of European countries will have EUR.

Such a casino is a good option if the country of your residence supports the given currency. Otherwise, you may end up with decreased profit, due to conversion fees.

  • Multiple currency operators

In such casinos, consumers can opt for more than one type of currency. This may include either a wide range of fiat currencies only, or both fiat and cryptocurrencies. Due to the immense level of flexibility with payments, such casinos are most popular among gamblers. Some even allow consumers to switch between fiat and crypto and vice versa.

  • Casinos that accept digital currencies

It’s not a secret that cryptocurrencies have become quite a big thing in the world of online gambling. Players love them as they provide quite a high level of efficiency and anonymity plus, they usually incur no conversion fees. The most frequently used digital currencies include Bitcoin, Litecoin, Tether, Dogecoin, Ethereum, Cardano, Monero, etc.

What Are the Most Popular Currencies Casinos-Wide?

To determine the popularity of a specific currency, one needs to take geography into account. The size of an iGaming market dictates the frequency of use of a specific currency. Whether a casino accepts players from a single country only, a couple of them, or has no restrictions at all will also be a determining factor for one currency’s popularity.

Here are a couple of the most commonly used options, encompassing both fiat and crypto assets available:

  • Euro (EUR)

The iGaming market of Europe is rather large, encompassing highly active gambling regions such as Italy, France, Germany, and so on, so it doesn’t come as a surprise that EUR ranks as number one. Worth noting is that the Euro is the official currency of 20 of the 27 member states of the European Union.

It is also a currency that most games support, so it provides the best selection to players who want to explore different genres. Plus, it is supported by all respected payment providers.

  • United States Dollar (USD)

An equally large market is that of the United States, making USD one of the world's most renowned currencies. Just like with EUR, it is the currency that is listed in almost all games, and the one that works well with different payment methods, both cards and e-wallets.

  • Bitcoin (BTC)

Invented in 2008, Bitcoin (BTC) is one of the oldest decentralized digital currencies and one of the oldest crypto assets supported by online operators all over the world. Bitcoin is extremely popular in India, and the United States, both of which are among the most active iGaming markets, so it’s no surprise that BTC holds the position of players’ favorite crypto asset.

  • Canadian Dollar (CAD)

In recent years, the online casino market of Canada has been growing at a rapid pace, pushing CAD among highly popular currencies. One of the main reasons why this currency is on top is Canada’s stable economy and strong central government.

  • Litecoin (LTC)

Inspired by BTC, and established in October 2011, Litecoin (LTC) is one of the earliest altcoins. Although it shares some similarities with BTC, it enables much faster transaction confirmations, and lower fees, both of which are highly appreciated among casino players.

  • Ethereum (ETH)

The youngest one among cryptocurrencies on our list, Ethereum (ETH) is a decentralized blockchain with smart contract functionality with Ether as the native cryptocurrency. It came into being in 2013, quickly becoming one of the favorite options for deposits and withdrawals https://wizardofodds.com/online-gambling/articles/deposit-withdrawal-terms-for-us/ .

One of the most interesting curiosities is that this digital asset allows users to create and exchange non-fungible tokens (NFTs).

  • New Zealand Dollars (NZD)

The New Zealand dollar (NZD) is the official currency of New Zealand but a couple of more territories as well, including Niue, Cook Islands, Tokelau, the Ross Dependency, and a British territory, the Pitcairn Islands. Having that in mind, it explains why it earned such a high position on the list of most-used currencies at online casinos.

Is It Possible to Change the Selected Currency?

In most cases, a player selects currency upon registration or it is displayed automatically, relying on geolocation. A player may be permitted to deposit in their native currency, but in case the casino doesn’t support it, the funds will be converted upon requesting a cashout.

If you are visiting a single-currency casino, then the options are rather limited, but if you are presented with multiple options, be wise when making a decision.

The reason we tell you this is that changing your mind with regard to your preferred currency often comes with a lot of hassle. Some casinos don’t permit it at all, while those that do may ask players to send requests to customer support and provide some legitimate explanations on why they wish to switch to another currency.

In case the casino supports multiple currencies, but the one that’s official in your country is not listed, then opt for the stable and wisely used ones. By that, we mean EUR or USD, as the ones with relatively stable value.

The Advantages of Using Local Currencies

We are pretty much used to using different currencies when traveling abroad. Yet, everyone would agree that using a local currency whenever possible is definitely the most convenient and the least complicated.

This particularly goes for online casinos. If we were to name the key benefits of opting to deposit and withdraw in your local currency, those would be:

  • Smoother and faster payments

Everyone’s familiar with the value of their native currency, so keeping track of money on your balance is much easier and definitely more accurate. It often happens that the value of one’s winning decreases when converted to the local currency, so opting for your local one is the best way to avoid it.

  • No exchange fees

Talking about conversion, transaction fees can sometimes be higher, leading to unwanted losses. What’s even more, sometimes casinos impose taxes on payments made in foreign currencies, which the majority of consumers perceive as unnecessary.

  • Personalized player experience

Finally, if there’s something that represents that cherry on top when visiting an online casino, that’s the possibility to enjoy a customized casino experience. And playing games in your own currency certainly makes it possible for you, doesn’t it?

How to Find the Best Casino for Your Local Currency?

Choosing a casino that best fits your needs can sometimes be quite intimidating, but if you know what and where to look, it doesn’t have to be.

When selecting a casino, pay attention to the following:

  • Accepted countries- if the casino is open to consumers from various parts of the world, chances are a wider spectrum of currencies will be supported
  • Game types- as mentioned earlier, game developers sometimes include multi-currency options in games allowing players to explore their favorite slot games, video poker, Blackjack, Roulette, Baccarat, or other games in their native currency.
  • Available payment methods- except a selected number of methods which is available in a small number of countries, popular cards such as VISA, and MasterCard, or e-wallets such as Neteller, Skrill, PayPal, and so on offer a variety of currencies
  • Bonuses and promotions- sometimes the selection of bonuses and promotional offers is limited to a certain currency only, so check the Terms before claiming; on the brighter side, a solid number of operators have special offers for Bitcoin and crypto depositors
  • Language options- for a truly tailored casino experience, select a casino that has a multi-lingual interface; this will make navigation and gaming sessions much smoother

Have fun & gamble responsibly!

FAQs

How to check whether an online casino supports my currency?

The info on currency is usually displayed on the registration form. Depending on the casino, a player will be automatically offered a currency that is official in their country of residence or will be able to select the desired one.

Which fiat currencies are most used in online casinos?

Analyzing the casinos, players shall notice that EUR, USD, NZD, CAD, and GBP are the most widely used ones. Other popular currencies include Swiss Franc (CHF) Japanese Yen (JPY), Swedish Krona (SEK), Norwegian Krone (NOK), Indian rupee (INR), South African Rand (ZAR), and so on.

Do online casinos support cryptocurrencies?

Cryptocurrencies are hugely popular among players who prefer fast and anonymous transactions. Bitcoin aside, they mainly use Ethereum, Dogecoin, Monero, Litecoin and others.

How to change the selected currency at an online casino?

To do so, a player needs to send a request to the support team, but it may happen that they refuse it, for many reasons. That’s why players are advised to avoid doing so, unless they have a good reason for that.

What are the pros of using a native currency at an online casino?

Players who use their local currency at an online casino have better control of their bankroll, and faster transactions without fees.

Are there fees when withdrawing money in different currencies?

Casinos often charge fees when players withdraw in currency other than the one they deposited and played in, which often leads to losses in the value of winnings. To avoid that, the best would be to use the same currency for all transactions.