INSTADEBiT online casinos
INSTADEBiT is an instant bank payment option that’s become a major hit at Canadian online casinos. It allows you to make fast and safe payments from your bank account with no need to pre-fund your INSTADEBiT account. A growing number of casinos accept this payment method thanks to the 100% safety mechanisms and the instant transactions with relatively low fees.
In this guide to INSTADEBiT casinos, we’ve compiled a list of the best casinos that accept this payment method. You can make deposits and withdrawals in CAD and avoid paying any currency conversion fees which we all hate. It’s easy to sign up, has been around for a while, and works like an online cheque which makes it a favorite among casino players.
Best INSTADEBiT casino sites in 2024
| Best overall | National Casino |
| Casino bonus | Bitkingz Casino |
| Game offer | Bitkingz Casino |
| Fast payout | Europa Casino |
| Mobile app | Wheelz Casino |
INSTADEBiT casinos to avoid
We’ve shown you the best INSTADEBiT casinos, and now we want to show you the casinos with this bank payment you should avoid. Some casinos are great, but others are less so. From unfair bonus and general terms to rigged games and other bad stuff, these are the INSTADEBiT casinos you will want to avoid in the future.
Extreme Casino
Cool Cat Casino
Planet 7 Casino
INSTADEBiT at a glance
Company Overview
| Company name | INSTADEBiT |
| Type | Private company |
| Founded | 2003 |
| Solution type | Online banking |
| Headquarters | Toronto, Canada |
| Key markets | Canada |
| Website | instadebit.com |
Advantages of using INSTADEBiT for online gambling
There are plenty of advantages to using a payment solution such as INSTADEBiT for online gambling. While other options might be faster, nothing beats the security of bank transfers. INSTADEBiT makes them easier and faster than ever and accepts withdrawals too. It has more pros than cons which is why it’s a big hit with both new players and seasoned veterans.
Top-notch security
INSTADEBiT is one of the most secure casino banking solutions in the business. It features a sophisticated anti-fraud system so you can rest assured your money won’t fall into the wrong hands. Your banking information will be safe and secure like nowhere else. The company will verify your date of birth and the last 4 SIN digits when you sign up to confirm your identity, which adds another layer of security on top of it all.
Instant transactions
Bank transfers may be a bit slower than expected, but not with INSTADEBiT . You will have your money ready the moment you make the deposit, which is essential for players at online casinos.
Supports withdrawals
The fact that INSTADEBiT supports withdrawals makes it very convenient to use at online casinos. Why use several options when you can use one? Fund your account via this online banking solution and collect your winnings when you have a withdrawable balance.
User-friendly interface
INSTADEBiT has been made with new players in mind. The system has a very user-friendly interface, and even if you don’t find your way around it, there are plenty of common questions answered in the FAQ section.
Fast withdrawals for an online banking service
Supporting withdrawals is one thing, but speedy withdrawals are another. While it’s not the fastest option you can use, INSTADEBiT withdrawals are certainly faster than most online banking solutions.
| Note: all deposits in online casinos are irreversible. You can’t ask a casino for a refund if you accidentally deposit money, so make sure you’re entering the right amount. Casinos do this to prevent money laundering and third parties from accessing your records. |
Disadvantages of INSTADEBiT
INSTADEBiT pros far outweigh the cons, but there are still a few disadvantages you should be aware of. You can check them out below and learn more
Not widely accepted
Not all online casinos in Canada accept INSTADEBiT . The number is more than decent, but unless it is widely accepted, it’ll still be considered a bit of an underdog.
Can only be linked to a single bank
If you have several bank accounts and you want to use them via one payment solution, good luck. Your INSTADEBiT account can only be linked to a single one which is a major drawback in our opinion.
How to deposit with INSTADEBiT at online casinos
| Note: you only have a limited time to confirm the transactions. That’s a bank security feature that is used for this type of transactions online and usually sits at around 15 minutes. |
Online casino withdrawals with INSTADEBiT
Submitting withdrawal requests via INSTADEBiT is by far the simplest of all. All you need to do is:
- Go to the Cashier page assuming you’ve logged in
- Choose INSTADEBiT from the list of options
- Now you have two choices – transfer to your INSTADEBiT account or directly to your bank account
- Enter the desired amount and click on withdraw
| Note: all INSTADEBiT casinos will ask you to complete the KYC check before you can make your first withdrawal. It’s a one-time process that takes about 24 hours and requires sending some documents over to the casino site in order to verify your account. Here’s a list of the most commonly asked documents (may vary): – Proof of identity – valid ID card or a driver’s license – Proof of address – utility bill with your name and address on it – Proof of payment method – bank statement or a pic of your card front and back |
Similar payment methods to INSTADEBiT
While INSTADEBiT is a decent if not great option for most players, others would still prefer to try something entirely different. The good news about that is that modern casino sites have plenty of options to spare, including debit cards, e-wallets, and sometimes even crypto.
Interac
iDebit
Bitcoin
INSTADEBiT’s Impact on the Online Gambling Market
INSTADEBiT has been around for a decade, and in that time, it has established itself as one of the leading payment options in Canada’s online gambling market. It offers a one-in-all solution for deposits and withdrawals and it’s quite easy to use. While it requires creating an account unlike similar options, it ensures your payments are processed in a safe way at almost bank level security, and that makes it a huge hit among gamblers.
It’s online banking redefined, and will continue to make a great impact on the iGaming market as a whole.
Conclusion
If you prefer to use your bank account for your online gambling exploits, INSTADEBiT is a cool solution. It doesn’t take long to register, has reasonable fees, and is quite easy to use. You can pay in your local currency and claim winnings too. It’s an ideal payment method if you’re worried about your safety, as there are no cracks in its top-notch security features.
FAQs
Absolutely. It’s a payment method owned by a private company that was founded in 2003. In that time, INSTADEBiT has established a great reputation, especially among casino fans who like to deposit and withdraw using one payment option only.
Using your INSTADEBiT account is free, but if you want to withdraw money to your bank account directly via the service, it’ll cost you $2. That’s not free, but it’s not a lot either.
No, you can’t. It can only be linked to a bank account, and a single one at that. Players looking for a different type of payment method should take a look at e-wallets.
Yes, you can. It doesn’t matter if you’re using it on a desktop PC or your mobile phone – either way, your money will arrive fast and it’s easy to use too.
