Venezuelan currency has long been worthless because of hyperinflation, forcing Venezuelans to use the US dollar instead. But just recently, there has been a third currency reconversion that unveiled a new currency with six fewer zeros. Definitely, some players will start using the new Venezuelan bolívar, but chances are high gamblers will stick to the US dollar. Interestingly, the country has state-backed crypto known as petro, or petromoneda, which Venezuelan gamblers can use at new online casinos accepting cryptocurrency.
There are numerous withdrawal and deposit methods at new casinos online available for Venezuelans. New Venezuelan online casinos have partnered with the world's popular online payment solutions ranging from cards to eWallets.
Players can deposit money using Visa, PayPal, 2checkout, Ebanx, Mercado Pago, PaymentWall, Paymentez, Ingenico ePayments, Bluesnap, IXOPAY, Coin payments Paysera, Discover, AMEX, MasterCard, and others. These payment solutions are also accepted as withdrawal methods. However, it's worthy to note that not all these methods are available at all new casinos in Venezuela, so players must first ascertain what's available for them before signing up.
When it comes to the charges, transaction turnaround, and limits, they vary depending on the new casino and payment method.
As far as deposits are concerned, the charges depend on the payments provider, while the turnaround is instant in most cases. There are also minimum and maximum deposit limits. Most new casinos set the minimum deposit limit at $10 or its equivalent in other currencies, including the bolivar.
When it comes to withdrawals, charges also vary depending on the payment provider, while the turnaround depends on the pending period set by the new online casino and the efficiency of the payment provider in processing payments. There are also limits on the minimum and maximum amount players can withdraw. These limits are set by the casino operators.
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