April 24, 2023

The fall of FTX has proven PayPal is the way at UK casinos

2022 witnessed one of the biggest crypto stories of the year – the surprising (and sudden) fall of FTX. It’s made such scandalous waves in the crypto industry that it’s become Netflix-worthy, with a Netflix documentary underway, directed by Oscar-nominated David Darg.

The downfall of FTX happened in just under two weeks, with the cryptocurrency exchange company filing for bankruptcy – while millions of their customers lost everything.

The FTX fallout poses a bigger question, however: how safe is cryptocurrency, really?

The cryptocurrency market has been struggling to gain credibility since the founding of the first ever cryptocurrency – Bitcoin – in 2009. Now, with the implosion of FTX, people are even less confident in this digital currency – choosing to use established payment methods at revered Online Casinos in the UK instead.

UK PayPal casinos, for example, have been hailed as a more secure option in comparison to their crypto counterparts, with many UK online Casinos opting to offer more ’traditional’ payment methods, such as web-wallets, to drive casino-player peace of mind. As such, PayPal casinos are in high demand, and their world-class security and solid reputation has cemented them as a tried and trusted payment option.

PayPal casinos have a reputation for providing trusted payment methods, an intuitive user experience, and transactions that are processed with lightning-speed. Plus, PayPal is hailed as one of the world’s leading merchants, with an astonishing user base of 429 million people.

With that said, let’s take a look at some of the benefits of PayPal casinos in the UK – including their super speedy payouts, generous bonuses, wager-free offers, and more.

PayPal casinos often have the fastest casino payouts

When it comes to fast payouts, web-wallets such as PayPal are the cream of the crop. This is because winnings are processed much quicker than other payment methods – with a general turnaround time of 24 hours (or less). Instant payout casinos are the favourite choice precisely because of this lightning-fast processing.

But that’s not the only reason why Paypal Casinos in the UK are popular. They also offer stellar bonuses, such as uber-low £5 deposit bonuses. More on this below.

Get a PayPal casino deposit bonus for only £5 at Rise Casino

Rise Casino is one of the top Online Casinos in the UK, offering a stellar £5 casino bonus*. This, on top of 25 extra Spins! This double offer can be claimed on a mere deposit of £5 after sign-up.

Welcome Bonus
Deposit £5 Get 25 FREE SPINS & £5 BONUS

Then, use your bonus boost to explore the thousands of captivating slot games on offer. Their titles cover every genre imaginable: fantasy, adventure, romance, and more!

*First-time depositors only (18+). Min deposit: £5. Max offer: 100% Bonus up to £5 Games Bonus & 25 Free Spins (on Starburst). 60x wagering requirements. ​​Full terms.

No wagering requirements at PayPal-friendly MRQ Casino

Sign up at MrQ casino and get 20 extra spins* at this £10 deposit casino. The best part? There are absolutely no wagering requirements attached to this sign-up offer, so all your wins are yours to keep!

Welcome Bonus

  • To claim your 20 spins bonus:
  • Create your MrQ account
  • Deposit £10 or more using PayPal

Your spins bonus will be allocated on the immensely popular Play’n GO slot, Book of Dead

*20 Free Spins credited upon your first £10 deposit on Book of Dead slot only. Free Spins must be used within 48 hours of qualifying. All winnings are uncapped and credited to your real money balance. ​​Full terms.

Duelz casino is the king of PayPal casino deposit bonuses

Sign up at the king of PayPal casinos – Duelz Casino – and you’ll immediately be welcomed with a stunning £20 casino bonus*.

Make your deposit and you’ll unlock a £100 bonus and a whopping 100 extra Spins on the adventure-laden slot, Book of Dead.

Welcome Bonus
Deposit £20 Get 100 BOOK OF DEAD +100% MATCH BONUS

Featuring intuitive casino navigation, take your fun on the go while enjoying an app-like experience on Duelz casino’s mobile casino. Use your smartphone to play any of their brilliant games, including slots, live casino titles, table games, and specialty games.

*18+ new players only. Minimum deposit: £20. Maximum £100 bonus. Winnings from Free Spins are credited as bonus money with a wagering requirement of 45 times. Free Spins expire after 3 days. ​​Full terms.

It pays to play at a PayPal casino in the UK

With the volatility of cryptocurrency, and the long payout period of other withdrawal methods, it’s clear that Paypal Casinos in the UK are the way to go.

Online Casinos in the UK that offer PayPal as a payment method have the advantage of faster withdrawals, airtight security, brilliant bonuses (some of which are wager-free!), and intuitive play that can be enjoyed whenever, wherever.

If you’re on the hunt for the top PayPal Casinos in the UK that offer thousands of absorbing casino games, make sure to check out Rise Casino, MrQ Casino, and Duelz Casino – all of which come packed with bonus offers that will boost your bankroll instantly.

PayPal casinos UK: See what our experts have to say

If you’re looking for tips on the best safe UK casino deposit methods, take a look at our independent casino reviews. Our team of experts have profiled every PayPal casino worth mentioning. Plus, we’ve made sure to include only the finest bonuses – including phenomenal £5 casino bonus offers where you get more bang for your buck with extra spins, match offers, and more.

We’ve also profiled some of the top £10 deposit casino offers – so be sure to give it a read.

50 Free Spins
No prize
25 Free Spins
No prize
5 Free
No prize
100 Free Spins
No prize
20 Free
No prize
10 Free
No prize