Cubits

The Cubits Payment Method

Overview: Cubits is a blockchain-based virtual currency and transaction system that utilizes the Proof-of-Stake protocol. Its primary objective is to provide a fast, straightforward, and reliable payment option that works with any device. According to its creators, users can quickly buy and sell bitcoins, as well as exchange 17 different currencies.

Cubits is a comprehensive platform with an integrated wallet, allowing users to easily and quickly store bitcoins and make payments. If a user deposits an amount in a different currency, the platform will automatically convert it. Additionally, the platform offers various payment methods, including credit cards and bank transfers.

Although not as well-known as other mobile payment platforms, Cubits is an excellent option for individuals looking to secure their online transactions. The Bitcoin-trading service was launched in 2014, providing a platform for buying, selling, and accepting Bitcoin. In 2015, it expanded to mobile devices and has since become one of Europe’s largest Bitcoin trading services. Recently, people have been using the platform to deposit and withdraw funds to and from their online casino accounts.

Cubits Emphasizes Security in Online Casino Transactions

One of the most significant concerns for players when dealing with online casinos is security. Fortunately, the Cubits platform addresses this issue. As long as the online casino supports payments via the Cubits API, players can use their Cubits wallet to pay for their deposits using Bitcoins.

With Cubits’ mobile payment solution, players no longer need to input any financial information (except during the initial wallet setup) when transacting at supported online casinos and sportsbooks. This feature ensures that users’ financial information remains secure, reducing the risk of fraud and unauthorized access.

Step-by-Step Guide to Registering for Mobile Payments with Cubits

If you’re wondering how to use the Cubits platform for mobile payments, the process is actually quite simple.

Here’s a step-by-step guide:

First, sign up for a wallet on Cubits’ official site using your mobile device. The registration process is quick and easy, requiring only your legal name and email address.
Once you’ve entered your details, click on the Sign Up button, and you’ll receive an email to confirm your registration.
To complete the registration process, click on the Confirm button in the email you received. This will take you back to the login page for your wallet.
Congratulations! You are now registered with Cubits and ready to make mobile payments securely and conveniently.

Now that you have created a wallet, you can proceed to purchase Bitcoins on the Cubits platform. There are several payment options available for users, including Skrill, Online Bank Transfer, OK Pay, and Sofort Uberweisung. In addition, users can choose to buy the cryptocurrency using SEPA (Single European Payment Area) or International Bank Transfer. The Bitcoin-purchasing feature is also noteworthy because it supports multiple currencies, such as the Australian Dollar, Canadian Dollar, Euro, Great Britain’s Pound, Japanese Yen, Swedish Krona, and US Dollar, among others.

Making Online Deposits using Cubits

Making deposits on the Cubits casino site is a hassle-free process. All you need to do is create a Cubits wallet and add funds to it via wire transfer. The amount you transfer will be automatically converted to BTC and will be available for transactions on Cubits casino. Once you have added funds to your wallet, you can follow the instructions below to deposit at Cubits casino:

First, sign up with a casino that accepts Cubits and go to the deposit section.
Enter the amount you wish to deposit at the online casino.
Select the Cubits payment logo and click on it. This will take you to a screen where you will be required to enter your Cubits wallet login details.
Confirm the amount of your initial deposit and the currency selected.
The deposit process may take some time, but it is a fast and dependable process.

Adding Funds to Your Online Casino Account

Once you have successfully funded your Cubits wallet, the next step is to add funds to your player account at your preferred online casino. Before proceeding, ensure that the casino accepts Bitcoin or Cubits as payment methods. If the online casino accepts Cubits deposits, select Cubits as your payment method on the payment page. You will then receive a private deposit address and be redirected to a Cubits page. Simply transfer the minimum Bitcoin deposit amount (which may vary depending on the online casino) to the private deposit address provided. The deposited amount will be automatically credited to your account, allowing you to play your favorite casino games immediately.

Limitations of Cubits

While Cubits offers security and convenience, it is not without its limitations. The most significant issue is the platform’s availability. As of now, the Bitcoin Buy and Sell feature is not accessible to players residing in the United States. To remove the €150 daily transaction limit, users must undergo SMS and document verification through IDNow. Apart from transaction limits for unverified accounts, the value of Bitcoin is highly volatile (with a current estimated Bitcoin Volatility Index of 2.30%), making it riskier than other currencies (typically pegged at 0.5% to 1% historically). Lastly, there are still relatively few online casinos that accept Bitcoin deposits or use the platform, compared to other popular non-BTC payment options.

Benefits of Cubits

Cubits is a global blockchain platform that provides an integrated wallet and exchange, making it accessible to a diverse range of users.

Cubits features a modular architecture that enables the development of new features and services without disrupting the platform’s core functionality.

Cubits offers a user-friendly interface that caters to both experienced and novice users alike, ensuring a seamless user experience.

Cubits Casino Bonuses

A bonus is a form of compensation that online casino operators provide to players in the form of free tokens or other incentives. Each casino has its own bonus guidelines, which outline the terms and conditions of each bonus type. These bonuses are intended to attract new players to the site and encourage them to participate in its activities. It is crucial to carefully read and understand the bonus guidelines to avoid any issues with bonuses.

Cubits Platform – Is It Worth a Try?

If you’re looking for a secure and convenient platform for all your online transactions, Cubits is definitely worth trying. Despite a few limitations, such as availability and transaction limits, the platform offers numerous advantages, including flexibility and ease of use. In addition to its use in online casinos, the platform can also function as a regular Bitcoin wallet, allowing users to make purchases online and receive payments for services rendered. Considering that Cubits began operating in 2014, it has come a long way. Visit the site today to open your own Cubits Wallet for free.