It’s no secret that eWallets are the most preferred method for depositing and withdrawing across online casinos, and Quickbit is one that is incredibly convenient for Canadian online casino players. Offered in over 50 countries, Canada included, the solution allows for smooth and safe transactions in both fiat and digital currencies for practically no fees. As such, it is a great option for all those players enjoying diversity and options, as this solution offers exactly that. So, what are some other reasons to choose Quickbit as your default payment method across Canadian online casinos?
About Quickbit
A FinTech company called Quickbit EU AB was launched not so long ago, in 2016, and started trading publicly in 2019 in Sweden as NG: QBIT. The company, based in Stockholm, Sweden, had a product in the making, which would allow the modern online user get the smoothest online banking, available in both fiat and cryptocurrencies. That’s how the eWallet Quickbit came to be, allowing users and merchants to transact across the internet using both fiat and digital currencies.
The company itself grew, opening new offices in Lahore, Gibraltar and Tallinn, and growing its team to over 40 employees. It managed to launch many other products and functionalities, but it also focused on improving the eWallet to become one of the most user-friendly products ever. It launched the Beta-app early in 2021 with the aim to allow users to express their opinions about it and get their feedback on where improvements are needed, with the promise that the real app would be launched soon.
What users could see was a product that was perfect for newbies in the crypto world, as it offers complete guidance through the entire concept behind cryptocurrencies. You can learn what digital currencies really are, how they function and how to use them daily to make all kinds of payments and purchases with them. The eWallet allows you to send crypto and fiat currencies anywhere across the world, send them to users who don’t have the app themselves and buy crypto in an instant. Meaning, you can get crypto even from users with external eWallets, with no exchange fees!
As mentioned, though, the company behind it also launched other products, including the plastic VISA card, which can be used wherever VISA is accepted. With it, you’ll be able to pay with euros or crypto! That’s right, even though it might sound unbelievable, with this eWallet, you can pay with crypto anywhere. This is something that’s rarely if ever, offered by similar solutions. To make things even more convenient, you can apply for the card in-app, and get it on your doorstep in no time.
Considering all of these perks, it is no wonder Quickbit has found its way into the online gambling industry. Since it is a solution offered across more than 50 countries, Canada included, you will find it across top international and Canadian online casinos. It is yet to reach its peak when it comes to popularity, but it is steadily getting there. So, if ready to find out how to use it and where, stay with us, as we’ll cover that next!
Getting Started with the Solution
We said that Quickbit offers the eWallet service, but also a plastic VISA card you could use to make transactions using both fiat and digital currencies. Therefore, we’ll need to guide you through the getting started processes with the two, so that you could decide whether you’d want to use them both.
The first thing you’d need to do, though, is to create a crypto wallet account. You’d need it to buy, send, store and receive digital currencies on it safely. You’d need to choose the crypto wallet of your preference, as there are many, such as Coinbase, and register for an account with it. As soon as you do, you’d need to create your eWallet account. You’d need to do that on Quickbit’s official website, providing your full name, country, state, email and password. After you provide the needed details and accept the T&Cs, your account will be created. You should know that you can even register using your BankID, which is a great convenience, too. To learn how to do that, visit the eWallet’s official website and you’ll learn all the steps.
Now, as mentioned, you can apply for the plastic VISA card in-app. You won’t need to enter any further personal details, as they have been stored there from when you created your account. Once you get the card, you can connect it to your bank account or eWallet, and use it wherever VISA cards are accepted. If you wish to, you can change your PIN in-app, too. The company has added an extra layer of protection by sending you push notifications whenever the card was used, for every single transaction.
Depositing and Withdrawing
We said that Quickbit is still a new player on the online gambling scene, so you should not expect to find it across hundreds of casino sites. However, as mentioned, it is already accepted across some of the best Canadian sites, like OzLasVegas. Especially across sites that offer crypto solutions. So, make sure you explore some options and find the perfect site for you to join.
To make a deposit with Quickbit, you’d need to do the following:
- Go to the online casino’s Payment Methods/Banking page.
- From the list of Deposit methods, find Quickbit’s logo and press it.
- Log into your account using your credentials in the pop-up, or if using the VISA card, enter the card details.
- Specify how much you want to deposit and confirm the request.
- Watch the deposit arrive on your online casino balance in real-time.
Withdrawals are possible and requested in a similar fashion. However, you should know that not all casinos will accept the eWallet for withdrawals. So, before you decide to use it for cashouts, make sure it is an option. If yes, you’d need to choose the eWallet from the offered Withdrawal methods, and paste your eWallet address in the designated field on the casino’s page. After the casino ensures you have enough money/coins to withdraw, it will approve your withdrawal. Your winnings will arrivepromptly on your eWallet account, and from there, you can transfer them to your plastic card and use them wherever VISA is accepted.
Applicable Fees
Zero fees apply when using Quickbit! It sounds incredible, true, but that’s just the way it is. Creating an account with it is free, no transaction fees apply, no maintenance fees, nada.
This is one of the many reasons why Canadian players choose it over any other eWallet. Not even do online casinos charge fees for depositing and withdrawing with it!
Accepted Currencies
The default fiat currency, the one you can use to purchase crypto via the eWallet, is the euro. But don’t be discouraged, as you can also use Canadian dollars, subject to a currency conversion fee.
When it comes to cryptocurrencies offered, you have Litecoin, Bitcoin, Cardano, Chainlink, Ethereum, Tether, Polkadot and Bitcoin Cash at your disposal for now, but more are expected to be added to the list.
Coverage
Even though launched and based in Stockholm, Sweden, the solution has managed to expand all around the world. It is available in more than 50 countries, as said, Canada included.
Other countries that offer it include Australia, the US, Spain, Malta, Germany, the UK, Finland, Denmark, and Norway, to name a few. With strategic expansion plans, the company will ensure to make it available in many other countries in the future, so stay tuned.
Customer Support
You must have gathered by now that the solution’s official website is quite informative. If you explore it, you’ll see that it was designed to help users understand all aspects of its service, and it is pretty insightful and useful. So, before anything else, give it a good look, as you’d be surprised how much you can learn about it by exploring the site’s pages.
If you’re still in need of assistance, you can always contact the expert and perky Customer Support representatives. They are available via the Live Chat option, in-app, and the email address support@quickbit.com. In addition, you have the company’s legal address in Sweden displayed, too, so you can rest assured that this is a completely transparent and user-friendly solution to use.
Finally, of course, you can contact the Support team at your chosen casino, in case you have problems or questions regarding the depositing/withdrawing process.
Quickbit FAQs
In addition to the native Swedish, obviously, the solution is available in the English language, marked as the International option on the site. You have the Norwegian language as an option, too.
Yes, as a matter of fact, there’s a minimum amount of €5 worth for buying or selling crypto.
There are two respective, dedicated apps, for both iOS and Android devices. You can download them, respectively, on Apple App Store or Google Play Store. Regardless of your iOS or Android version, you’ll get a version of the app suited for your device.
As a matter of fact, you can! You can do that at any crypto casino, by copying and pasting your eWallet address in the designated field. So, even if the casino does not offer this eWallet precisely, you can still request a withdrawal and receive your winnings on your Quickbit eWallet account.
Sure thing! Since you can get issued with a VISA card, you can use that card, connected to your eWallet or bank account, wherever VISA cards are accepted. And since VISA is a solution offered worldwide, across basically every shop, restaurant and store, you’ll have plenty of options, to make payments with it in both the euro and digital currencies.
