The New Taiwan dollar is the official currency of Taiwan. It is recognized internationally with the abbreviation TWD, and often denoted in text with the symbol “NT$”, or occasionally just “$”. For a list of online casinos that use the New Taiwan dollar, take a look at this page.
Overview of the New Taiwan Dollar
The New Taiwan dollar has been the currency of Taiwan since 1949, after it replaced the Old Taiwan dollar. Taiwan has quickly become a leading region for online businesses, and thus the New Taiwan dollar sees a good amount of international use. However, few online casinos have adopted the New Taiwan dollar into their cashier systems.
Exchanging the New Taiwan Dollar
Residents of Taiwan looking to play at an online casino will likely need to exchange their New Taiwan dollars for something else. Depending on the casino, this may be Chinese renminbi, euros, US dollars, or another currency altogether. A good casino will provide the assistance needed to do this exchange. A few can do the exchange for you, while others can refer you to an e-wallet with exchange capabilities.
If you don’t live in Taiwan but want to play at a casino that uses the New Taiwan dollar, check to make sure players from your country are accepted first. If they are, look at the casino’s “Banking” or “Cashier” page and see if your local currency is accepted. You may need to exchange your local currency into one of the others accepted by the casino instead. Certain e-wallets may be able to do this.
Banking with the New Taiwan Dollar
To deposit your New Taiwan dollars, look at the options available in your casino’s cashier. The most common ones include credit cards, bank transfers, and online e-wallets, although some sites may also feature local payment options and certain types of e-money. Read through the details before choosing a particular method.
Withdrawals in New Taiwan dollars can be done through a variety of methods as well. Many sites offer several different e-wallets, as well as direct bank withdrawals. However, this will vary from casino to casino, so it’s important to look at what options are available to you before playing. Also make sure to consider processing times and fees. To avoid delays, make sure you have a clear way to get your money out of the casino before playing.