Cryptocurrencies have rocked the world of online gambling, with many operators now preferring digital assets over fiat currencies. Crypto casinos offer the best bonuses, enable faster transactions, and provide anonymity for players. In addition, casinos with cryptocurrencies use blockchain technology, which ensures that every bet is provably fair.
Despite cryptocurrencies being around for more than a decade, gambling with crypto is still a new term. There are still a lot of unanswered questions about the safety of crypto casinos, the benefits of using one, and how to find the best crypto casinos. Thankfully, we’ve done all the research for you! In this guide, we’ll answer all your crypto-gambling-related questions! Read further to find out more about the best crypto casinos.
What Is a Crypto Casino?
The term crypto casino is pretty straightforward, it describes an online casino accepting crypto. However, there’s more to a crypto casino than just accepting digital assets such as Bitcoin, Ethereum, and Dogecoin as a payment method.
Crypto casinos combine iGaming with blockchain technologies to offer provably fair games, sports betting, lotteries, and a safer online gambling environment. Crypto enthusiasts can now enjoy their favorite Jackpot Slots, Table Games, and a Live Casino experience.
The majority of online crypto casino platforms have instant registration and players can fund their accounts through a wide variety of digital assets. Additionally, No KYC crypto casinos allow players to gamble anonymously, making it accessible for players worldwide to participate in online gambling.
Crypto Casinos vs Regular Online Casinos
The online gambling market is hotter than ever, recent technological advancements mean that players can now experience the thrill of winning the jackpot from their couch. There are a variety of online gambling hubs, but they aren’t all the same. So, let’s take a look at some of the different online platforms
Regular Online Casinos
Regular online gambling is a virtual platform for players to engage in their favorite casino games like blackjack, craps, roulette, slot machines, and poker tournaments. All you need is a mobile device or laptop to access an online casino.
A strong internet connection, proof of identification, and a healthy bank balance should be enough to get you started. These casinos accept a variety of fiat currencies as a form of payment.
Regular online casinos are regulated by the country's gambling board and adhere to strict licensing requirements. Some countries have online gambling regulations in place and only allow sports betting or lottery.
While regular online casinos are regulated, crypto gambling sites remain unregulated. Thanks to crypto gambling, the online gaming experience has experienced a major change over the last decade. The lack of regulations allows crypto casinos to offer higher betting limits and incredible crypto bonuses.
Most crypto casinos carry some form of licensing, however, they’re less strict when it comes to new players and registration. Some crypto casinos ask for KYC documents, while others prefer to remain in the dark. Simply connect your wallet, deposit funds, and begin gambling!
Crypto casinos use blockchain technology and offer provably fair gaming. These platforms support a variety of wallets for instantaneous deposits and accept hundreds of digital assets for payment.
For players who are still getting the hang of gambling with crypto, hybrid casinos accept both fiat and cryptocurrency. These platforms offer the latest provably fair games, sports betting, and all the perks of a traditional casino.
Crypto Casinos, Pros and Cons
There are always two sides to every coin, cryptocurrencies are no different. While the pros may outnumber the cons, there are both advantages to using a crypto casino and some drawbacks.
Anonymity: Most crypto casinos only require players to sign up with an email address. The decentralized nature of cryptocurrencies makes it harder for financial institutions to trace transactions, meaning players remain completely anonymous.
Accessibility: Online gambling websites are prohibited in certain jurisdictions, whereas you can access a crypto casino anywhere in the world.
Deposit Bonuses: Crypto operators offer lucrative deposit bonuses for new players, thus giving you more value for your coin and increasing the chances of hitting the Jackpot!
Less Tax: Cryptocurrency is recognized in some countries as a digital asset, while there are very little to no taxation requirements in other jurisdictions. Using crypto to gamble avoids taxation on winnings.
Low Transaction Fees: Cryptocurrencies are decentralized and there are little to no transaction fees charged when using them to gamble. Crypto gambling sites charge some of the lowest transaction rates for players.
Security: Bitcoin casinos are equipped with the latest SSL Encryption technology. Crypto operators offer secure and anonymous gambling for all players.
Instant Payments: Transactions on a blockchain are processed within a few seconds, compared to days spent clearing a fiat transaction. Crypto casinos therefore can process winning withdrawals within a few minutes, so players have immediate access to winnings.
Provably Fair: Only the best crypto casinos offer provably fair game outcomes through blockchain technology. The randomness of each bet is assured and can be validated by a player, thus preventing a casino from stealing a player's funds.
High Volatility: The price of cryptocurrencies is constantly changing. Swings in the price of coins mean a player’s earnings could be worth a fortune and the next day it will be worth a whole lot less. Volatility is a double-edged sword that sometimes costs players in the long run.
Limited Adoption: Cryptocurrencies are still in the process of being recognized and adopted as a payment method. The lack of adoption prevents most online casinos from accepting cryptocurrencies.
Restrictions: In many jurisdictions, cryptocurrencies are banned, which prohibits players from using them for gambling.
Are Crypto Casino Bonuses Any Good?
The unregulated nature of crypto casinos makes it easier for them to offer lucrative deposit bonuses and rewards for new players. But are these bonuses any good? Let’s take a look and find out.
Higher Match Bonuses
It’s no secret that the best crypto gambling sites offer bigger match deposit bonuses than fiat casinos. Crypto casinos are known to offer up to four match bonuses with sizable limits of up to 1.5 BTC.
Crypto operators encourage high rollers/ crypto whales to join their platforms with lucrative VIP reward programs. High rollers get higher bet limits with an increased return to player percentages, meaning the chances of winning are stacked in their favor.
Instead of offering incredible match bonuses, some crypto gambling dens pay up to 20% in cashback. These funds can be withdrawn or come in handy when a player is running low on funds.
Free spins are often combined with match bonuses for encouraging new players to use a crypto gambling site. However, some crypto casinos reward players with weekly free spins and increase their overall winning potential.
Crypto casinos often reserve special tournaments for crypto enthusiasts. These tournaments offer players the chance to win luxury bonuses, lucky draws, and weekly giveaway prizes that make it worthwhile
How to Gamble with Cryptocurrency
For those who are new to crypto gambling, there may be a few concerns as to how it all works. Crypto wallets and depositing funds may appear difficult, but that’s not the case. We included a step-by-step guide to make it easier for you to become a pro at crypto gambling.
Step 1: Buy Cryptocurrency
Firstly you’ll need to sign up with a crypto exchange platform and validate your account. You can use your VISA/ MasterCard or any traditional payment method to purchase cryptocurrency from the platform. Use a crypto wallet to hold your choice of cryptocurrency.
Step 2: Find the Best Crypto Casino
There are hundreds of crypto casinos online, find one that is available in your country. Do some research by reading customer reviews and having a look at what the crypto community has to say about the platform.
To make life easiest for you, below we’ve included some recommendations of the best crypto brands to use.
Step 3: Register an Account
Once you’ve decided on a crypto casino, sign up with the platform and provide the necessary documentation. Verify your account and make the required minimum deposit to receive a bonus.
Step 4: Start Playing
With your account verified, you can now dive into the platform's exciting list of casino games. Pick your favorite game and enjoy the benefits of using a crypto casino.
Are Crypto Casinos Legal?
Crypto casinos have come under scrutiny in the past, and have more global restricts compared to traditional online casinos. Cryptocurrencies are still banned in certain jurisdictions, which therefore prohibits anything associated with them.
The question of whether a crypto casino is legal or not is entirely dependent on your geographical location. Every country has its view on the legal standing of digital assets, while some states have different rulings from others.
The best thing you can do is to check the crypto gambling license of the platform. Licenses are jurisdiction-based, so if you want to be 100% legal, make sure it covers the country or state where you are based. We’ve included some popular licenses you are more than likely to come across.
Curaçao EGaming License
The Curaçao EGaming License was launched in 1996, making it the oldest license available. The majority of crypto casinos operate under this license, with more than 500 currently holding one. A Curaçao license verifies the legitimacy of a crypto-gambling site and ensures provably fair gambling.
Malta Gaming Authority (MGA)
The Malta Gaming Authority is one of the most popular and well-known licensing boards in Europe. MGA focuses on protecting minors from gambling and the security of online funding of casinos and gaming. Platforms that operate under this board are subjected to strict limitations and regulations.
The United Kingdom Gambling Commission regulates various forms of online betting in the United Kingdom. Gambling with cryptocurrencies in the UK remains unregulated, however, the UKGC requires online casinos that accept cryptocurrencies to possess a license.
How to Use Crypto Casinos in Geo-Blocked Countries?
Governmental restrictions can be tough to bypass, especially if you’re trying to play online crypto casino games in a geo-blocked country. However, Virtual Private Networks (VPN) allow you to disguise an IP address and change your geographical location.
Many crypto casinos have geo-blocking that only allows IPs from specific jurisdictions to access their platforms. Using a VPN will enable you to access crypto gambling sites and pages without anyone knowing your true location.
Although VPNs provide gamblers with a means to remain anonymous, there is a big risk associated with using one. For obvious reasons, most crypto casinos don’t allow players to use the services of a VPN. Being caught out will result in the cancellation of your account and all your winnings will be forfeited.
Best VPN Crypto Casinos
Our team of experts dug deeper and discovered the best VPN crypto casinos for players to use in geo-blocked countries. Here’s our pick of the top VPN crypto casinos.
Bitcoin Video Casino is a 100% anonymous crypto casino that caters to players from all corners of the globe (including the US, NZ, AUS). There’s No KYC registration needed and there’s certainly nothing to worry about when using a VPN at this platform.
Does't seem much at first with only 33 casino games available but CryptoPlay has a no KYC policy for players unless some alarm is raised, accepts deposits and withdrawals only with cryptocurrencies and offers a pretty generous 20% cashback promo. Combine the aferomentione with an open endorsement of players using a VPN and what else do you need?
WildTornado is a Curaçao licensed crypto casino brimming with thousands of thrilling casino-titled games. The platform is comfortable with players using VPNs to access their incredible features, therefore anyone can freely access the site
Best VIP Programs in Crypto Casinos
Crypto casinos put a high value on the continued support of regular clientele and offer some of the best VIP programs for players. Some loyalty programs offer higher betting limits and increased odds to ctor for crypto whales. So let’s dive deeper into the best crypto casinos for whales.
Winz.io had its 5th anniversary recently and celebrated by continuing to give great VIP giveaways. To enter the crypto casino's VIP club you only need to deposit at least $2,500 making it one of the easiest to join. Combined with a no wager policy on promotions and allowing withdrawals up to 1 BTC, if you are a high roller you should try it at least once.
NitroBetting has been around for more than a decade, the platform offers some of the biggest limits we’ve seen. VIP players can contact customer support to increase their limits. No withdrawal or deposit fees are charged, and their VIP players receive up to 15% Cashback on deposits.
BC.Game is a household name for crypto enthusiasts. The crypto gambling sites provide a comprehensive VIP program with lucrative deposit bonuses of up to 360%. BC.Game is the go-to crypto casino with faucets and offers an incredible user experience.
Bitcasino is one of the oldest crypto gambling platforms available. The licensed crypto casino offers €2,000,000 in prizes to VIP players every month. Additionally, the platform offers a wide range of casino-titled games with enhanced RTPs for players.
The Most Common Crypto Gambling Coins
There are over 22,000 cryptocurrencies in circulation, and some of them are better suited for gambling than others. To help you decide on which coin you should use, we’ve included some of the best cryptocurrency and payment methods for gambling. Here’s our pick!
Bitcoin is the forefather of cryptocurrencies and is without a doubt the most valuable of them all. Bitcoin has the highest number of users, which makes it the most commonly supported crypto payment method amongst crypto casinos.
Ethereum is the obvious second choice for crypto enthusiasts. The coin has the second biggest market capitalization, second to Bitcoin, and is a programmable blockchain. Ethereum is cheaper than Bitcoin, making it an affordable gambling coin for most gamblers.
Tether USDT is a stablecoin, which is pegged to the price of the US dollar. The coin provides a safer gambling option as the price is reluctant to experience major swings in value. Tether is commonly accepted amongst most crypto casinos.
Monero (XMR) , otherwise known as the privacy coin, is the coin of choice for gambling anonymously. XMR transactions are untraceable, which makes it the best cryptocurrency for players in gambling-regulated jurisdictions.
Litecoin is a decentralized peer-to-peer cryptocurrency, similar to Bitcoin. The coin offers cheaper and faster transactions for crypto casinos, due to its scalability. Litecoin is commonly accepted amongst the majority of crypto gambling sites.
Dogecoin is one of the most popular meme coins of the century. The coin reached its highest value in 2021 and has since become a hot commodity for gambling. With the price of a coin less than a fraction of the dollar, it’s an affordable option for every crypto enthusiast.
Benefits of Crypto Casinos Over Traditional Casinos
The truth is that most players feel comfortable with using fiat currency over crypto. However, one way to change a conservative's opinion is to show them what they’re missing out on. So we thought we’d include some of the benefits crypto gambling has over traditional casinos.
Huge Bonuses and Promotions
One way to get a gambler excited is to start talking about Cashbacks, Weekly Rewards, Rakeback, Free Spins, and huge Welcome Deposit Bonuses. While traditional gambling sites offer substantial bonuses, they’re no match to what a crypto gambling sites brings to the table.
The best crypto gambling sites offer new players as much as 5 BTC in bonuses and 140 free spins. With the current value of BTC, it can’t be compared to a 100% match bonus of traditional casinos.
Large Collection of Games
There’s no shortage of high-quality games on offer at crypto gambling sites. Some crypto casino sites are filled with over 8000 casino titled games. Here, you’ll find a list of provably fair games like Hilo, Keno, Plinko, Dice, and BTC Crash. Other gaming categories include Progressive Slots, Table Games, Live Dealer Games, and In-House Games.
The major difference between the two platforms lies in the payouts players receive. Crypto casinos offer as much as 99.5% RTP, while traditional sites are much lower.
Crypto Value Fluctuates
The increasing number of people investing in cryptocurrencies drives the price of currencies to the moon. The value of your crypto winnings today, would be a lot higher than they were a few years ago. Gambling with crypto currency is a no brainer, you could potentially triple your initial investment overnight.
The Risks of Crypto Casinos
The benefits that cryptocurrencies offer, don’t come without a fair share of risk. There are undoubtedly risks taken when using cryptocurrency for gambling. Here are some of the risks players will encounter when using crypto gambling operators:
No Payment Reversal
Unlike traditional banking methods, if you send crypto to the wrong wallet address, there’s no way for it to be reversed. Sending payments from your crypto wallet must be done with caution and attention to detail.
The decentralized nature of cryptocurrencies means that transactions are anonymous and it makes it harder for authorities to monitor transactions. The lack of regulations often leads to unethical gaming activities, fraud, and theft of funds.
The Future of Crypto Casinos
Ripple's (XRP) recent victory over the SEC and Bitcoin’s continued increase in value has changed the tide for cryptocurrencies. There has never been a better moment for gamblers to convert their fiat currencies into cryptocurrency.
The future of crypto gambling is uncertain, but the increased support for online crypto gambling brands reflects a positive outlook. El Savador’s decision to accept Bitcoin as a legal tender is a change in the tide.
Broad Support of Cryptocurrencies
In 2009, Bitcoin sold for $0.0009. Since then, the coin has seen significant growth and adoption. Looking ahead, the future seems bright for other altcoins as more and more online gambling sites have started to accept Ethereum, USDT, LTC, and DOGE.
Cryptocurrencies will continue to replace traditional payment methods. The benefits that cryptocurrencies offer online gamblers are too good for platforms to ignore. Online traditional casinos are being forced by the growing demand to adopt cryptocurrencies as the preferred method of payment.
Stricter Security Measures
There’s no doubt that cybercrime is on the rise and crypto gambling platforms are going to employ stricter security measures. As the demand for stolen credentials reaches an all-time high, the safety of player's documents remains a priority.
The Best Crypto Casinos
Earlier we promised that we’d include some of the most trusted and best crypto gambling brands. After much deliberation, here’s our pick of the best crypto casino operators to try your hand at winning the Jackpot!
BC.Game - Best UK Crypto Casino
Gambling in the United Kingdom is slightly more complicated due to the UK Gambling Commission’s regulations. For the most part, Uk-based players are free to gambling at most online sites, however the casino must be regulated and approved by the commission to be legal.
BC.game is the best crypto gambling site for players based in the United Kingdom. The platform is regulated and has been approved by the UKGC, which means it’s 100% legal. Furthermore, the site offers lucrative deposit bonuses up to 360%!
BitcoinVideoCasino - Best Israeli Crypto Casino
Israel has some serious gambling regulations which make it complicated for crypto enthusiasts to access crypto casinos. Most crypto casinos with KYC policies are fitted with geo-restrictions blocking players from countries like Israel.
BitcoinVideoCasino is a completely anonymous crypto gambling site that’s a no kyc solution. Therefore Israeli players will never be tested whether they’re in Israel or not. Furthermore, the No KYC crypto casino is VPN friendly, which adds to the anonymity factor.
1xBit - Best Australian Crypto Casino
Australian gamblers are specifically restricted by the IGA from using online gambling sites, with a few exceptions, such as sports betting. However, Australian gambling regulations don’t specifically prohibit players from using offshore crypto casinos.
1xBit is an offshore Curaçao licensed crypto casino with an excellent reputation amongst the crypto community. 1xBit supports the use of VPNs and is available for players in most countries, including Australia.
Stake.us - Best US Crypto Casino
U.S. gambling regulations don’t specifically prohibit or allow the use of cryptocurrency for gambling. Each state has its own gambling regulations, some exclusively prohibit all forms of gambling, while others encourage the use of online casinos.
The majority of crypto casinos are geo-blocked in the United States, however, there are a handful of them that are accessible. Stake.com is one of the leading crypto gambling available for US-based players. The platform is geo-blocked in other jurisdictions and doesn’t allow the use of VPNs.
500 Casino - Best UAE Crypto Casino
All forms of gambling are strictly prohibited under Islamic law, in the United Arab Emirates. Cryptocurrencies, on the other hand, are regulated and are legal. Crypto enthusiasts that wish to gambling in the UAE are required to make use of anonymous offshore crypto operators.
500 Casino is one of the best anonymous crypto gambling sites accessible for UAE-based players. There’s no KYC policies asked when registering and the casino is free from geo-restrictions in most countries, with the exception of the US.
Crashino - Best No KYC Crypto Casino
Crashino is arguably one of the safest No KYC crypto operators on the market. The platform is free from geo-blocking and is available in most countries, the lack of KYC requirements mean players can remain completely anonymous. Crashino has some of the highest betting limits for crypto whales.