We have received an important update from Moonspin regarding changes to payment methods. All registered users should take note: cryptocurrencies and Skrill will be removed, and the platform will transition to ACH transfers. This shift is concerning for many users, particularly those who initially signed up for the cryptocurrency options due to their speed and convenience.
The announcement claims that the change will lead to an improved experience, but it feels more like a downgrade, especially since no explanation has been provided for the decision. Moonspin previously stood out as one of the few sweepstakes casinos that operated exclusively with cryptocurrencies. One of the major advantages of cryptocurrencies is their quick transaction times, both for deposits and withdrawals.
In contrast, ACH transfers are among the slowest methods available, often taking one to three business days to process, and they do not operate on weekends or holidays. This raises questions about the assertion that the new methods will facilitate faster transactions. The short notice given for this change is also troubling.
Players have a very limited window to make any redemptions through crypto or Skrill, with a deadline set for May 27. This short timeframe leaves many users without a reasonable chance to act. Due to these developments, we have downgraded our rating for Moonspin.
While ACH may be a secure method, it is slow and inconvenient for many players. By offering this as the sole payment and redemption option, Moonspin has diminished its versatility compared to other sweepstakes platforms. For those seeking alternatives that still support cryptocurrency transactions, several options remain.
Platforms like 25 Stake Cash, 3 Sweepstakes Cash, and others continue to provide quick and secure banking with various cryptocurrencies, ensuring users can still enjoy seamless casino experiences.