Sweepstakes Casinos and the Coins They Operate with
To begin with, all sweepstakes casinos operate on a dual virtual currency system. This allows them to stay legally compliant. Those virtual currencies are Gold Coins and Sweeps Coins (or Fortune Wins as they are called in our sweepstakes casino under the same name). The function and purpose of the coins are both similar and different at the same time. Learn about the thin line that separates these and how you can use free coins to play slots and win prizes.
What Are Gold Coins?
One of the main preconditions that a gaming platform needs to meet to be considered a sweepstakes gaming platform is to be free to play. Also, it allows its users to win prizes without having to invest anything of their own. Here’s where the two currencies make all the difference.
When the players join sweepstakes casinos, they receive a bunch of Gold Coins and a decent amount of Sweeps Coins as well. These Gold Coins have no actual value and can be used on all sweepstakes slots online. Should the players ever run out of these Gold Coins, they can purchase them using approved banking methods. According to the rules of sweepstakes casinos, with that purchase, they will also receive Sweeps Coins for free, as a gift. Let’s learn more about them and find out why they matter.
What are Sweeps Coins?
As we stated earlier, the legality of sweepstakes casinos lies in the fact that it is possible to win prizes without investing any capital. Basically, with each purchase of Gold Coins, a number of Sweeps Coins will be credited free of charge. Thus the sweepstakes casino players will not appear as their buyers.
The true power of Sweeps Coins is their ability to be exchanged for prizes. Normally, the Sweeps Coins casinos offer an actual retail value that equals the US and Canadian dollars. In other words, the rate is 1 Sweeps Coin = $1.
The players get to choose if they want to play sweepstakes slots online using Gold or Sweeps Coins. The Gold Coins are used when players want to play for fun, while the Sweeps Coins are used when they are looking to get real retail value out of them.
Do you want to know more? Read our article >> How Do Slot Machines Work?
How to Get Gold and Sweeps Coins?
The no-real-value Gold Coins are usually received through welcome bonuses for new users, as well as from daily bonuses for each first login of the day. Through the same bonus structures, the Sweeps Coins are credited as well.
The only coins you can purchase are Gold Coins. As a reward, the Sweeps Coins casinos will credit your account with Sweeps Coins. Another way of claiming these is through social media contests, like the ones seen on Facebook. There can also be the so-called request system where you simply write a letter to the sweepstakes casino and ask them for the bucks or sweeps coins. Not many of them will answer the letter and give you some, but you never know when your lucky day is. Fortune Wins Casino offers the most robust Online sweeps Slots casinos.
How Do Withdrawals of Sweeps Coins Work in Sweepstakes Casinos?
Withdrawals work much in the same way as deposits. You use similar banking methods when you want to cash out your winnings. However, you must verify your account first. For instance, you will need to provide a government-issued ID, proof of residence through a recent utility bill, and more. Once the account has been verified, you can execute the withdrawal. Try Fortune Wins Casino Today & start having fun in the most exciting Sweepstakes casino in the U.S.
