Stellar — i.e. Lumens — is a very affordable open-source blockchain currency. It often gets overlooked as a viable option for online casinos gambling. Its value is pretty low but, in return, it is present in the market a million times over other cryptocurrencies — over 50 billion lumens circulating. This makes it an accessible investment for a wide variety of crypto enthusiasts and a decent choice for playing casino games.
The currency was founded by Jed McCaleb. It was modeled after Ripple. Since its foundation in 2014, the crypto Ripple offshoot has developed in small but steady steps. Such steps include partnerships with multiple companies, among which start-ups and technology giants like IBM. As a result, the community continues to grow to this date.
In the following text, we will provide you with all the information needed to play Stellar online casino games. Read the article to learn the details. This guide builds upon existing information from other Stellar casino reviews and is backed by research.
How to use Stellar for gambling
To get the cogs moving and start playing Stellar online casino games, you’ll need to first set up a wallet. A Stellar wallet is a piece of software that stores your digital coins. It holds your private keys and gives you access to the Stellar blockchain network, where you can send and receive lumen with public keys.
As with other cryptocurrencies, you have several wallet options. You can install your wallets on your web browser, desktop computer, mobile, or on an external device. Exchange markets have their wallets too, but it is not advisable to keep your money there, as in the event the platform is hacked, you will lose them.
To install a wallet on your desktop or mobile:
Go to the website of your chosen wallet provider and download their software (Guarda, Exodus, Infinito, Keybase, Blockchain.com, Coinbase mobile, etc.).
Make sure your OS is 64 bit. Install the software.
Launch the installed wallet, create a password and write your 12-character recovery phrase. Keep the recovery phrase in a safe spot.
Validate the program.
Get some lumen in your new wallet.
You also have the option to purchase a special hardware device — a flash drive — with pre-installed software. You will be able to store your lumen there. This is the safest option, as, usually, this device will not be connected to the internet. You can keep it in a safe physical location, along with the money in it.
To use a hardware wallet:
Purchase a Stellar-compatible wallet (Ledger Nano S, Trezor).
Plug it into your computer.
Choose your PIN and create a 24-char recovery phrase. Keep it safe somewhere.
Use the Ledger Live software to install some of the programs on your computer.
Add account.
Buy some lumen (or mine it) and send it to the wallet.
You now have a wallet address. This is a 54-character long number-and-letter sequence. You can use this address to receive transactions.
Games and Slots with Stellar
The problem with the lumen cryptocurrencies is that not nearly as many casinos are offering it. There are still a few gambling sites that accept deposits and withdrawals in Stellar coin. This shouldn’t concern you though, as, at licensed casinos, the game and bonus variety is nearly identical to Ethereum and Ripple casinos.
Lumen casinos boast an excellent slot library. Casinos like Wolf.bet and BC.Game, for example, have thousands of games from Push Gaming, Red Tiger, Nolimit, Play’n’Go, NetEnt, Microgaming, and about a dozen other reputable developers. Get ready to play 3- and 5-reel slots and jackpots slots with varying themes. Popular titles include Gates of Olympus, Book of Dead, Eye of Horus, etc. Both casinos are licensed.
Despite the limited number of casinos that support Stellar, poker is one of the strongest sides of those that do. You can either play single player with Video Poker or go for the live poker games with other people and real dealers. Multiple variants are available, including Texas Hold’em, Omaha, Three-Card Poker, and more.
What’s more, you can wager with the XLR coin on Stellar casino Blackjack, Roulette, and Poker. The live casino Stellar sections add to that experience. You can play multiple variants of the most popular classic casino table games. Finding an XLM casino with baccarat is also not a problem.
Some Stellar casinos also offer a number of custom games, bingo, and lottery. With lumen, you can try some niche titles like Dynamite Riches Megaways, Ghost of Dead, and Sisters of the Sun, among others. New XLM casino games by major game-makers are added every month to the casinos’ libraries.
Deposit and Withdrawal Limits with Stellar
Each casino Stellar sets its own deposit and withdrawal limits, so you need to check with the casino of choice. Be aware that some online casino Stellar wallets may have deposit and withdrawal limits too, which are tied to id verification. At most wallets, once you go through the id verification process, your limits will be increased. Coinbase, for example, sets the minimum for withdrawals at 2 XLM. Exodus has a minimum for deposits and withdrawals of 1 XLM. Also, some wallets have a ‘low amount’ warning, once your XLM count in your wallet goes below 5. Expect a roof allowance for withdrawals around $25,000 in XLM value. Check with your wallet of choice for further information.
You might have to pay a tiny fee for each transaction. The blockchain network will charge you something like 0.00001 lumens per transaction – basically, nothing.
How to Make a Deposit Using Stellar
After you’ve set up your wallet and have chosen an online Stellar casino that supports it, you can proceed to creating an account at the casino and making your first deposit to claim the welcome bonus. Deposits work in the same way as with Ripple. Execute the following steps:
Go to the payment section.
Choose Deposit and the Stellar option.
Copy the wallet address of the Stellar casino.
Open your wallet and click Send.
Paste the wallet address of the Stellar casino in the right box and specify the amount.
Confirm.
One of the main advantages of Lumens is that transactions take full effect in about 2-3 seconds.
How to Get Paid Using Stellar
Withdrawals work similarly but in reversed direction. Here is how to make a withdrawal request:
Go to the Cashier.
Select Withdraw and choose Stellar.
Paste your wallet address in the box.
Specify the amount you want to withdraw.
Confirm.
Alternatively, you can go to your wallet and click Receive. Paste the XLM casino wallet address there and confirm. But it’s better to go through the casino, as they will need to approve your withdrawal. Make sure that if you’ve claimed any bonuses, you’ve completed all their wagering requirements before attempting to make a withdrawal.
Alternative Cryptocurrencies for Online Gambling
Of course, the XLM coin is just one of hundreds of crypto options you can use to play casino games online. In fact, sometimes, it is better to play with a TOP 10 cryptocurrency, as this will yield more options for online gaming. Other affordable cryptocurrencies are a viable option. But if you want to go for the tried and tested variants, you can choose Bitcoin, Ethereum, Solana, TRON, Litecoin, Dogecoin, Dash, and others.
Just remember that each cryptocurrency has its advantages as well as disadvantages. It’s up to you to choose one that fits your current circumstances.
Bonuses at Stellar Casinos
Despite the limited number of casinos for Lumens out there, the few licensed ones offer a very similar bonus structure to fiat currency operators. The only difference is that their bonuses tend to be higher in value. You can find some of the best XLM casino bonuses at the top licensed casinos out there. Here are the most popular bonuses at Stellar casinos:
Welcome Bonus
The first bonus you will encounter at XLM casinos is the welcome offer. When you deposit lumens in your account, you will get a percentage of them back in bonus credits. The amount is usually calculated in Bitcoin.
Free Spins
Free spins are available at most multi-currency casinos, regardless of which currency you make a deposit, but some casinos offer exclusive free spin bonuses for XLM deposits only. This is one of the best XLM deposit casino bonus types around.
Refer-a-Friend Stellar casino Bonus
Every time you bring a new player to an XLM casino, you will be eligible for a small reward.
No Deposit Bonus
Although rare to find, some XLM casinos have no deposit bonuses in store for you. These are usually low in value (around $5-10).
Reload Bonus
At some platforms, a bonus for deposits made on certain days of the week is available.
Mobile Bonuses
If you’ve installed your XLM wallet on mobile, look for mobile-exclusive bonuses at some operators. They are there.
Although some casinos may offer great bonuses, we remind you to make sure they have a license and to only play at licensed and regulated casinos.
Bear in mind that you have to be registered to get access to the bonuses, as there are no no sign up XLM casino bonuses. Also, some bonuses can be triggered with a promo code. The best bonus code for Stellar casino is usually one that gives you access to low-requirements bonuses. Monitor the promotions pages for the latest Stellar casino offers.
Pros and Cons of Stellar Casinos
As with any other currency, playing with XLM coins comes with a certain set of advantages and disadvantages. It will be entirely up to you to decide whether you want to use this particular cryptocurrency or go for another alternative. Here are the pros and cons of playing with Stellar:
Pros
Fast Transactions – Deposits take just several seconds. Withdrawals are faster than Bitcoin transactions.
Affordable Coin – The low value of the coin opens the doors for anyone to purchase it and experience the benefits of playing with a cryptocurrency.
Unnoticeable Fees – The fees with Stellar are really low. They are in the cents range per transaction.
Freeing Limits – Limits with lumen are really loose. You can deposit small or big.
Cons
Limited Number of Casinos – With XLM, you won’t find as many options as with Top 10 cryptocurrencies. Thankfully, the game and bonus variety are not affected.
Volatile – This currency is volatile. If you are willing to purchase a large number of lumens, spend some time researching the market trends before you commit to that move.
Overlooked – Development of compatible services, including casino games and payments, is slower than the similar Ethereum and Ripple.
No Passive Income – XLM doesn’t have the feature that some other blockchain systems have, where you can freeze your funds to gain a passive income.
As you can see, playing with XLM has its positives and negatives. If you are not that deep into cryptocurrency, it’s a good place to start for sure.
Conclusions
As a Ripple-based coin, Stellar has remained in the shadows of its big brother for a number of years now. But looking at it from a deeper perspective reveals that XLM is a decent and affordable alternative to Ripple for playing slots and classic table games online.
One downside is the small number of platforms that support it. You can count them on the fingers of both your hands – at least the licensed ones. Another drawback is that you can only store, send, and receive XLM, and you can’t freeze it to earn rewards. However, the network is developing, so keep ‘in the know’ about the newest Stellar casino developments.
With that said, playing with Stellar comes very close to experiencing the full breadth of online casino options. The game variety is great. You can play slots, dice and card games, and even play the lottery game.
Overall, we recommend you try Stellar if you are new to cryptocurrency casino gaming. This will get you into the game, and you will feel firsthand how it works. Just remember to run your standard security checks before playing on an online platform.
This review aimed to upgrade existing information from other XLM casino reviews by providing accurate and practical details. We described how to create an XLM wallet and how to deposit and withdraw from and to it. We also listed some benefits you will experience while playing with this digital coin. For more information, read the FAQ section below.
Is it safe to make a deposit using Stellar?
Sending and receiving funds with Stellar is safe as long as you are using a recognized and secure wallet and the XLM casino online you’ve chosen is licensed by a recognized regulatory body.
How to deposit using Stellar?
You need to make a decision on what type of wallet, first. As soon as you’ve installed a wallet, you can go to the Cashier section of the casino. Click Deposit and choose Stellar/XLM/Lumens. Copy the casino’s wallet address. Go to your wallet and click Send. Paste the address there. Confirm the transaction.
Is it legal to play at a casino using Stellar?
That would depend entirely on whether your state allows online casino gambling. In the states, as long as an online casino XLM is licensed, you can play casino games at offshore providers without having to worry that you are breaking the law.
Are Stellar casinos anonymous?
Guaranteed anonymity is one of the best Stellar casino advantages. However, to get 100% privacy of your transactions, there is a verification process involved. Such is the case at most licensed casinos as well. So, while your personal information will not be shared with anyone, the providers may know who you are.
Are there any Stellar casinos?
There are not too many Stellar casinos currently. About a dozen options are available, each boasting the full range of gaming options. Read our reviews to find the best Stellar casinos.
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