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Slash Payment Online Casinos
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In a world where the crypto scene is an ever-growing one, having a solution like Slash Payment at your disposal is bliss, especially when it comes to using crypto across online casinos. This is a solution that debuted a few years ago and is already players' favorite across the online gambling industry. It is actually a crypto gateway that allows for automatic and secure crypto exchanges on the spot, leveraging the Web3 Wallets to provide users with effortless transactions processed in real time. You may not understand how it functions at this point, but as long as you stay with us, you will learn how convenient it is to use for all those crypto enthusiasts across online casinos. What is Slash Payment and why choose it as your payment method at an online casino?
About Slash Payment
The cryptocurrency trendnever ceases to surprise us, with new inventions and tokens given at our disposal on a regular base. However, when a Japanese FinTech company based in Tokyo set out on a mission to create and design a unique crypto gateway called Slash Payment, it really revolutionized the way in which digital currencies are obtained and handled. With this system that helps individuals, organizations, and merchants connect smart contracts and electronically process distributed payments to automatically complete the exchange, Slash FinTech Limited took cryptocurrencies to the next level.
The way in which the automatic exchange is achieved is the following: the system connects smart contracts to dApps that are distributed by third parties. So, in the most cost-efficient way, merchants can accept basically any token as a payment method, at the best rate, as the smart contracts automatically fetch them through a decentralized liquidity pool. That way, users also get the best rate at the moment of the purchase of their favorite token.
The system at the moment supports Avalanche, Ethereum, Binance Smart Chain, Astar, Polygonm Arbitrum, Oasys, Mantle, and Optimism, but other networks are expected to be added in the future, as the solution promises to continue improving its services. The best part about it is that businesses need to pay zero transaction fees when they decide to incorporate it into their websites. Once integrated, it is automatically displayed as an accepted banking method for users to use. On that note, the way it works is the following: the system retrieves the amount from the merchant’s site cart (the one that the user set), and then the user will get to select a token via a crypto wallet to exchange it automatically and complete the transaction.
The exchange goes as effortlessly as possible, thanks to the decentralized liquidity of the token, and the purchase is completed with no fuss using a fiat currency and traditional payment methods. This means for you, as a user, that you will basically be using your native currency and a payment method that you’re normally using for online transactions to pay at the merchant’s website, or in our case, the online casino, in crypto! It may still sound unusual, but that’s why you should stay with us to learn how to get started with it before you select it as your payment method at your chosen crypto-friendly online casino. Trust us, all leading online casinos that accept crypto are already offering it as a payment method, so you better gather up the knowledge on how to use it and choose it the next time you join a casino.
Getting Started with It
A few years back, there was a crypto exchange web traffic decline by half, and that’s probably why Slash Payment’s creators made sure to create a solution that would completely eliminate exchanges from the picture when it comes to obtaining coins. That, and maybe the fact that Japan cracked down on sites that offered crypto exchange, and the company is based in Tokyo. Who knows, but anyway, Slash FinTech Limited managed to design a crypto solution that actually gives you a shortcut to your coins, literally.
While operators need to integrate it on their sites and a PC to complete the integration, you only need to decide whether you wish to use a desktop or a mobile device to get started with it. No matter the device you decide to go with, you will first need to create a Web3 Wallet account with either MetaMask or Wallet Connect. The former is a user-friendly crypto wallet that you can fund with various cryptos, by deciding the one you wish to purchase and paying with fiat currency using a method you're using on a daily basis. The latter is a service really, that manages dApps and crypto wallet apps and allows users to connect their wallets using a QR code, so just with a simple scan, the crypto wallet is installed and automatically launches on your device.
When you have the wallet on your device, you can start transacting with Slash Payment. First, choose it as your payment method at the casino's Banking/Cashier page, and then just set the amount you would like to deposit, and press Send. Once redirected to its official website, you will be prompted to select the wallet you're using and then you need to press Connect. Once your wallet is connected, you can instantly select the coin you want to use and simply press Pay to complete your transaction. The coins should arrive in real time on your casino balance, but if they don't, contact Support to see what happened. The solution takes data protection seriously, so whatever happened, it will be cleared with the Support team for sure.
Now that you’ve learned how smart and convenient this solution is, it’s time to see how the depositing procedure goes with it. Continue reading to discover the exact steps you’d need to take to successfully start using it across the many online casinos that offer it.
How to Deposit at Online Casinos with Slash Payment?
The procedure we just took you through, that tells you how to get started with it, is basically a preview of how deposits are made with it. But just in case, we’ll take you through the exact steps in this section, so that you know exactly what to do once you select it as your payment method. On that note, you will find a decent number of crypto-friendly casinos that already accept the solution, even though it was only launched in 2022.
After you find the right casino for you, register an account with it. To fund your player account with Slash Payment, do the following:
- Enter your player account and head over to the Cashier page.
- Look for Slash Payment’s logo on the list of Deposit Methods.
- Set the amount you want to transfer and press Send.
- You’ll be redirected to its official website where you need to select whether you’ll use MetaMask or Wallet Connect to continue.
- Select the coin you want to use and press Pay.
- The coins will reach your casino balance in an instant.
How to Withdraw Winnings with It?
At the moment of writing, we couldn’t find any online casino that accepts it for withdrawals, therefore, make sure you find a different option to cash out your winnings, as Slash Payment is not offered for withdrawals.
Since you’ve basically deposited in crypto, you can try looking for other crypto solutions to use to make a withdrawal, or simply use a standard banking option, as it suits you.
Fees and Limits
We already mentioned that Slash Payment was designed to be one of the most cost-efficient crypto solutions for merchants and users alike.
Therefore, when making a deposit with it, no fees will apply at all. However, a gas fee will apply for the remittance via smart contracts. This fee will be only a fraction of the entire transaction amount, so you can rest assured that it will be more than affordable.
Allowed Countries
This solution, considering it is of a decentralized nature, is available in every country in the world that has a pro-crypto stance.
So, assuming you’re from crypto-friendly countries like Malta or El Salvador, for instance, you can rest assured that it will be an option for you. On the other hand, if you’re from a country where digital currencies are banned, like Russia or China, you should prepare yourself to look for a different payment method to use for your deposits.
Accepted Currencies
Mainstream currencies are your options when it comes to making the crypto exchange in-wallet. Therefore, you may even be lucky enough to use your local currency and avoid paying conversion fees.
Expect the Canadian dollar, the US dollar, the euro, and the UK pound, among others, to be your options, as these are supported by most crypto wallets.
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FAQs
Does Slash Payment offer Customer Support?
Yes. You will need to visit its official website and then head over to the Contact Us page, where you’ll find a Send Mail button. Press it and write your email, and then sit back and relax knowing that its professional team will get back to you as soon as possible.
Will I find the solution on social media?
Yes, the solution is active on social media, more precisely on Discord and Twitter. In case you wish to know more about it and any news it shares, make sure you start following one or both of these profiles.
Can I use various different tokens to make a single deposit with Slash Payment at an online casino?
At the moment of writing, no, that’s not an option. But, if you’re interested in making this real, you can always get in touch with its Support team and suggest it, as the solution is open for suggestions and appreciates user feedback.
Is it possible to make a deposit with Slash Payment via a desktop device?
Yes, it certainly is possible. You can use any device to get started with it and use it for deposits across online casinos, be it a desktop or a mobile device. Assuming you’ve selected a crypto wallet that works on desktop devices, all you need to do is follow the prompts to successfully make a deposit with the solution.
Will I find many online casinos that offer the solution?
Given the fact it is still pretty new since it appeared only a few years ago, it is not as popular as other crypto solutions. But, it is certainly getting there. Operators are showing interest in it and so are players, so you should expect it to become a hit in the future, that's for sure.