What are MyCitadel Casinos?
Citadel Commerce has been present in the financial market for over two decades. This famous company has created many useful financial products, including MyCitadel. It represents a digital wallet that allows you to send and receive money securely and safely. Although it can be used to buy products over the Internet, pay bills, etc., it has been used increasingly in online casinos lately.
When we talk about MyCitadel casinos, we mean sites that accept this banking method. Most such gambling sites allow deposits and withdrawals with MyCitadel. Still, some of them may allow only one of the two activities.
What makes any online casino of this kind interesting is the possibility of obtaining higher security during online casino transactions. Namely, instead of transferring funds traditionally by sharing your bank details or credit and debit card information, you only need to share your MyCitadel details.
Additionally, almost every MyCitadel online casino promises instant processing of deposit requests without charging commissions. This means that you should have the funds in your account immediately. On the other hand, regarding withdrawals, the rules are different. Generally speaking, commissions are non-existent or low, and requests are approved in a short period, much shorter than bank transfers.
Another thing that goes in favor of the MyCitadel wallet as a payment method on casino websites is its mobile-friendliness. It’s a solution that works flawlessly on almost all newer smartphones and tablets. This is a significant advantage since many American players like to place bets in casinos on the go.
While most Citadel casinos have solid, responsible gambling tools, this solution can further improve your asset management by displaying detailed transfer reports and by allowing you to set limits.
There are also some possible drawbacks to using this payment method at casino sites. That’s why we have summarized the most essential pros and cons to help you draw conclusions about it.
Pros
- Quick processing of deposit and withdrawal requests
- Higher level of anonymity and privacy
- Safe transfers
- Mobile-friendly solution
Cons
- Some fees may be applied by banks and financial institutions
- Some casino websites don't accept it as a withdrawal option