Crypto gambling is a rather new but quickly expanding niche in online gambling. The ability to use Bitcoin and other digital coins to play at a casino appeals to many users who own cryptocurrencies or just want to enjoy the benefits of blockchain technology in real-money games.
Below, we’ll explain how gambling with cryptocurrency works and highlight its main pros and cons for users. Also, check out our list of casinos that accept crypto. It was created by our experts, who did their best to pick the most reliable online casinos for the list.
How to Gamble Online with Cryptocurrencies
Crypto online gambling is not so different from traditional one. You just need to have some coins to replenish your account and to register at a casino that accepts tokens like Bitcoin. After you sign up and make a deposit, all you need is to go to the Lobby section, choose the game you want to play, and launch it in real-money mode.
Crypto gambling sites accept players from worldwide with only a few restrictions. It makes such online casinos available for a wider audience and allows gamblers to enjoy playing for real without restrictions.
Playing on the crypto gambling website, you’ll use digital coins as a currency of your account. Bets in games are also made with cryptocurrencies.
The one thing you can find only at a casino with crypto online gambling is a provably fair mechanism to check the results of gaming rounds. It utilizes blockchain technology to use a special hash seed as a tool to ensure games are fair and the outcome of the round can’t be manipulated.
On a crypto gambling site, you can get bonuses like at any other casino. It includes no deposit prizes, welcome bonuses, free spins, deposit bonuses, loyalty rewards, preferred payment system bonus, and many other prizes.
How do We Rank the Best Crypto Gambling Sites
To find top crypto gambling sites, our team does in-depth research of every casino available in the market. Our goal is to determine how reliable it is and what gambling opportunities does it offer to users.
We review the best crypto gambling sites according to the algorithm developed by our experts. It includes several steps. Each one whether approves that the casino is good enough for players or that it shouldn’t be recommended to players. Here are the key features of cryptocurrency gambling sites we consider.
For gambling with crypto tokens, you should pick only legal casinos, which operate in the market complying with national laws and industry rules. It’s possible only if the online casino has a valid license.
There are many licensing organizations that issue licenses for crypto gambling casinos.
The most reputable of them are:
United Kingdom Gambling Commission
Malta Gaming Authority
Gibraltar Gambling Commissioner
Curacao e-Gaming
Kahnawake Gambling Commission
There should be a special digital seal on the casino’s main page. Click on it, and you’ll be directed to the regulator’s site with all the appropriate information about the license.
Secure Gambling with Cryptocurrency Coins
The security of payments on crypto gambling sites is guaranteed by blockchain technology. All transactions are visible to the network members and they can’t be manipulated in any way. Payments are 100% safe.
Still, that’s not the only thing that ensures the security of online gambling with cryptocurrency. A good casino will utilize other measures to provide the highest security level for users and their funds. First of all, it should store players’ coins in cold storage and isolated from the companies money. This prevents unauthorized access to the funds in your account.
The best crypto gambling site always cares about the safety of users’ personal information. For that purpose, a good encryption system and powerful firewalls are a must. Our team also checks the casino’s privacy policy to check how your data can be used by the website.
A Variety of Casino Games
Since gambling with crypto coins has appeared, lots of games were optimized for playing with digital currencies and many new ones were launched.
Today, the best cryptocurrency gambling sites will offer you all popular types of games, including:
Hundreds of slot machines of different types
Blackjack, baccarat roulette, pontoon, poker, and video poker
Dice games like sic bo and craps
Bingo, keno, and lotteries
Provably fair instant win games
You can also play games with real dealers. Live crypto gambling games feature high max bet limits, which allows you to make bigger stakes and win more.
Cryptocurrency gambling should be available on all kinds of devices, including smartphones and tablets. For that purpose, quality mobile optimization or a dedicated crypto gambling app is required.
To pick the best crypto gambling sites for our list, we test all of them on the mobile device both in the instant play mode or with the app for Android and iOS if these are available. Our goal is to ensure everything works smoothly on mobile and users can play a variety of top mobile games with their coins.
High Limits and Fast Cash-Outs
Paying on the site with crypto gives players the opportunity to transfer a big amount of money to and from gambling account in minutes with the highest security level. Still, it all depends on the casino’s withdrawal policy too.
Our experts check the Terms & Conditions of every online casino exhaustively to find out whether it provides high enough cash-out limits. We also consider the payment processing and pending time.
Casino Bonus Policy
For the best gambling with cryptocurrency, you can use crypto bonuses to get more funds, play more or, make bigger bets. Casinos that accept Bitcoin and other tokens usually offer players a variety of promotional offers, including free spins, deposit bonuses, and cashback.
It’s crucial that the rules of bonuses are fair, otherwise, such prizes won’t have any value for users. Our team checks every promotional offer, to ensure the casino offers players bonuses with reasonable wagering requirements and high withdrawal limits for winnings.
Real Users’ Feedback
Not everything that looks good on the paper is the same in real life. You need to consider players’ experience, which shows how users are treated at the casino. For example, you can query about the best crypto gambling sites on Reddit or other reliable sources of people’s opinions. Just be careful with comments you read, cause not all of them can be relied on.
Advantages of Cryptocurrency Gambling
Playing at a casino with crypto appeals to many players due to the number of benefits they can receive. Lots of gamblers value anonymity and thus it’s a perfect option, cause you don’t reveal sensitive data when paying at an online casino and the KYC verification process is way more simple for online gambling with cryptocurrency.
Payments with crypto coins feature probably the highest security level among all payment solutions available on gambling websites. Transactions are secured by blockchain technology, which guarantees no one can influence it, steal your tokens, or get access to your wallet.
Cryptocurrency networks are decentralized, which means no central authority can control them. Players can be sure that their deposits won’t be blocked for any reason.
Using crypto for gambling, you’ll enjoy fast payments processed in minutes. The limits are also high, so you can deposit and withdraw coins equivalent to thousands of dollars, if the casino’s cash-out policy allows it, of course.
Crypto gambling games usually feature high max betting limits, so you can play big and get a chance of winning a big prize.
Disadvantages of Crypto Gambling
Online crypto gambling has many pros, but certain drawbacks are present too and you need to consider them before starting to play at a casino using your coins.
Since cryptocurrency networks are decentralized, no one can control them. That’s good, but the question is who will you ask for help in case of any issues? It now remains unanswered, cause even the wallet provider won’t be able to do much.
Another thing to consider is high exchange rate volatility. It can lead to substantial losses. Certain less popular coins can even lose their liquidity and you won’t be able to exchange them or even use them in any way.
One more problem with crypto gambling payments is refunds. They’re just impossible. If the transaction is completed, there’s no way back, which carries certain risks.
How to Get Started at Crypto Online Gambling?
It’s easy to start playing on cryptocurrency gambling sites, but certain preparations still have to be made. The guide below will help you do everything fast and explain every step you need to do.
Choose a Crypto Gambling Website
Before you dive deep into the world of gambling with crypto, you need to understand where you can play safely and get the biggest benefits. It’s not an easy thing to pick a quality cryptocurrency casino, cause it requires certain research and takes time. To make it all way faster, use our list of the best crypto gambling sites.
Before you proceed to the next step, you need to check out what types of coins does the casino accept and whether it charges any fees on deposits and withdrawals.
Get a Crypto Wallet
For real-money online crypto gambling, you need to replenish your casino account. For that purpose, you’ll have to purchase coins and store them somewhere. The wallet is a solution for storing your coins.
When choosing the wallet, always consider what currency types it supports. It’s crucial for future payments on the casino site.
Buy Coins
If you don’t have coins, you’ll have to buy them. You can do that on the crypto exchange. It’s possible to purchase coins using a credit card, e-wallet, or other eligible methods. Certain crypto gambling sites have their own in-built exchange platforms.
Sign Up at a Crypto Casino
Since you know which gambling casino you want to play and you have a wallet with coins, it’s time to register an account on a crypto gambling site. Go to the official website and click on Sign UP/Join/Register.
You’ll have to fill in a short form with personal information like email, phone, number, date of birth, and address. In the end, agree with the Terms & Conditions at a casino and finish the registration process.
Make a deposit
To start gambling with crypto, you need to top up your casino balance. Log in to your account and go to the Cashier section. Choose Deposit and select the currency you want to use. Enter the number of coins you want to fund your account with and then verify the payment. The money will be transferred to your account in minutes.
Play Crypto Gambling Games
When your account is funded with coins, go to the casino Lobby and find the game you want to play. There are a few categories and hundreds of titles to choose from. Pick the game you like and start playing for real. Enjoy your time with crypto gambling.
Most Popular Cryptocurrencies Accepted by Crypto Gambling Sites
Top crypto gambling sites accept a number of coin types. Still, only a few tokens are actually popular among players. Users prefer to gamble with:
Bitcoin
The most valuable and the most popular coin. It’s the most trusted crypto, which is widely used in the casino sphere.
Bitcoin Cash
The token was divided from BTC several years ago and was then been split into two independent coins. Bitcoin Cash has a way lower value than other top currencies, which makes it more affordable for players.
Ethereum
The token created by Vitalik Buterin became the major Bitcoin competitor and incredibly popular among crypto users around the world. It features a high reliability level and it’s widely used for gambling payments.
Litecoin
An open-source coin that was developed to be the evolutionary heir of Bitcoin. Payments with LTC feature lightning-fast processing time, which appeals to many users.
Popular coins are the best choice for online crypto gambling, cause they’re less volatile than other tokens and features better financial sustainability.
Most Popular Crypto Wallets on Crypto Gambling Sites
A good wallet allows you to store your coins securely and transfer them quickly with the lowest possible fees.
Casino players prefer to use such wallets as:
Mycelium
The wallet, which perfectly works with mobile and allows you to customize fees. It also has an in-built exchange for cryptocurrencies and supports offline transactions.
Exodus
Storage for over 145 kinds of crypto that offers lightning-fast transactions processing. The wallet provides 24/7 support and allows you to buy tokens with Apple Pay.
Electrum
One of the oldest open-source wallets with a great security level, customized fees, and 2-factor authentication. It offers users quick payments and it’s very easy to set up and use.
Coinbase
The wallet with user-friendly, which is perfect for beginners. It supports 500+ coins and provides a 2-factor authentication feature to the users.
Popular wallets are used by many players, so they’re checked by many gamblers and can be trusted.
Crypto Gambling Sites vs Traditional Gambling Sites
Crypto gambling sites work the same way as traditional casinos.
Still, there are several crucial differences you need to consider:
Simple verification process with looser KYC requirements
Payments are anonymous and no crucial data is revealed
The list of crypto gambling games at a casino may differ a lot from traditional games
A provably fair mechanism for checking the game results
No refunds are possible
Playing at a casino with crypto appeals to many users, but you should be ready for minor differences, which can have a certain effect on your gambling experience.
Tips for Gambling Online With Cryptocurrencies
We have a few tips for you on how to make gambling with cryptocurrency coins more exciting and use your funds wisely. First of all, you need to use a financially sustainable coin that can successfully resist any market fluctuations. It’s crucial that your coins don’t lose their value significantly.
Always consider fees applied not only by your wallet but also by the casino. Even though rather small, they can eventually drain a substantial part of your budget.
Pay with the casino’s preferred tokens. This way you can get better bonuses. Also, claim free prizes, if you can. As for deposit bonuses, make sure the wagering requirements are reasonable before using them.
When you’re ready to withdraw coins to your wallet, wait until the exchange rate is the most favorable.
Summary of the Pros and Cons of Cryptocurrency Gambling
Pros
Payment network decentralization
Anonymity for all gambling transactions
Fast payments processing
Simplified KYC procedure
High max limits on deposits and withdrawals
Ultimate payment security level
New exciting crypto gambling games
Exclusive bonuses for cryptocurrency payments
Cons
Possible losses on exchange rates
No refunds for payments
No help in case of crypto transaction issues
Certain tokens can lose liquidity fast
All Cryptocurrencies Casinos
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Payment methods
Treasure Mile Casino
20 USD
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20 USD
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10 USD
Visa, MasterCard, Neosurf, +2
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10 USD
Visa, Mastercard, Bitcoin, +3
Ignition Casino
20 USD
MasterCard, Visa, Neosurf, +5
Cherry Gold Casino
25 USD
Visa, MasterCard, Ethereum, +2
7bit Casino
10 USD
Maestro, MasterCard, Neteller, +23
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