Advanced Cash is an online payment method that combines several products in one and also works with a mix of regular and digital currencies. Managed by Advanced Cash Ltd., which has more than 20 years of experience, the product is overseen by a team headquartered in Belize. This is an official e-money institution compliant with PCI and Trustware.
In a nutshell, AdvCash is an online e-wallet that processes financial transactions in currencies like EUR, USD, GBP, and UAH and converts them to BTC, LTC, ETH, XPR, BCH, and ZEC. In addition to the e-wallet, you can also order and tie a card to it. Although, in order to comply, the system will convert all digital currencies to fiat ones when cashing out to the branded card. You can also tie a virtual card to your AdvCash account. Use it to pay online.
AdvCash has lots of benefits. For instance, there are no monthly fees and opening an account is free of charge. The service is very handy if you frequently play in international lobbies and buy products and services online. It saves the trouble of registering several e-wallets in regular and crypto and allows consumers to store all cash in one secure e-wallet.
Opening an e-wallet is a simple procedure. Head to the official website and apply online. On the first page, you will only need to submit your personal details and an e-mail. You will be able to convert your first crypto right away. However, to be eligible for most of the functions, you will also need to be verified. This is a standard KYC procedure but you should allow up to 24 hours.
Loading the e-wallet is something you can do via Visa or MasterCard or an array of other e-wallets at a fee of 3-4%. You can also top up the account by SEPA, which will cost you 1 Euro.
Should you choose to cash out to a regular bank account, SEPA transfers will cost 5 Euros + 0.5%. Transfers by a local bank cost 0.5% in extra charges. Pay up to 1.5% in fees if you cash out by a card.
AdvCash has high daily rollover limits that reach 50,000. Out of this amount, up to 8,000 EUR is a sum that you can deposit in a casino.