Revolut is a revolutionary payment provider which allows users to transfer money instantaneously with no fees, while at the same time have all the advantages of having a credit and debit card issued by VISA or Mastercard. This makes it an ideal payment method to deposit and withdraw funds from an online casino.
Online Casinos With Cryptocurrencies
fees: No fees on deposit
deposit: 3-10 minutes
Cashout: 3-10 minutes
Cryptocurrencies have become quite the appealing and unique alternative for depositing at online casinos through. With speed, security and convenience on their side, cryptocurrencies provide a depositing method to many people who have difficulties with online transactions.
Casinos That Accept Crypto
The Story Behind Cryptos
It’s quite often the case that most people will look back to 2009 when looking at the history of cryptos. It was then that Bitcoin, the world’s most popular digital currency, was released as open-source software, as the first decentralised cryptocurrency.
In fact, in 1983, an American cryptographer called David Chaum would conceive an anonymous cryptographic electronic money system known as ecash. This was later implemented through Digicash in 1995. However, it wasn't until 2009 rolled around that Bitcoin arrived.
This was created by the man with a presumed pseudonym – Satoshi Nakamoto. By 2011, Litecoin had also been released. Since Bitcoin’s release and pronounced popularity, over 6,000 other altcoins have been created and made available for people to mine and purchase.
The first-ever involvement of cryptocurrency in relation to online gambling was in August of 2011. A poker gambling website began operating and only accepting payments in Bitcoin. That site was known as Switchpoker.com, and it was this company that would go on to make real money poker apps for Apple devices.
It was three years later that any other sort of digital currency was introduced to online casinos. Altcoin gambling has since also taken off, and today, there are more crypto online casinos than ever before.
Using Crypto to Play at Online Casinos
If you take the opportunity to utilise Bitcoin or an altcoin at an online casino, then you’ll find that they come with great benefits. Perhaps the best part about these digital currencies is that they’re highly secure, offering instant transactions to users. Crypto casinos have made new headway in this area, with digital currencies affording players a simple and effective payment method.
Cryptocurrencies are the modern way of playing at online casinos. And as long as you sign up to a recommended platform for this, then you should have no issues. They’re just as good at desktop casinos as at mobile casinos.
You can then benefit from the increased security, the speed of transactions and the fact that they’re free to use. With more and more casinos starting to support cryptos, there’ll be many more platforms to select from in future.
|Satoshi Nakamoto (Creator @ Bitcoin)|
|"The possibility to be anonymous or pseudonymous relies on you not revealing any identifying information about yourself in connection with the bitcoin addresses you use. If you post your bitcoin address on the web, then you're associating that address and any transactions with it with the name you posted under. If you posted under a handle that you haven't associated with your real identity, then you're still pseudonymous. For greater privacy, it's best to use bitcoin addresses only once."|
How to Buy Crypto to Play at Online Casinos?
- Buy Some Crypto Online: there are several websites to buy cryptocurrencies. Coinbase is the most popular platform, where you can buy a wide range of cryptos to play at online casinos;
- Register an account: pick your casino and create an account with your personal details. Then, you can choose a payment method to use;
- Make a deposit: now you need to make a deposit to start playing at your favourite online casinos. Make a deposit by transferring the amount of crypto purchased to the wallet inside your casino account;
- Start playing: it's finally time to start playing with your favourite crypto casino games with your balance in crypto.
How to Deposit at Crypto Casino Sites
Cryptocurrencies are one of the easiest payment methods to use at an online casino. As long as you hold a cryptocurrency that the casino accepts deposits through, you’re good to go.
- Once your currency is in your crypto wallet, sign up at your chosen online casinos and head over to the cashier page to make your first deposit;
- From there, select your chosen cryptocurrency, and you’ll see the wallet address of the casino. You need to copy this address and then navigate to your own cryptocurrency wallet;
- There, you should have a link to be able to send funds, and after clicking on this, you can paste the casino’s wallet address;
- Type the amount you want to deposit both into the casino and your crypto wallet;
- Hit send and the funds should appear almost instantly.
In some circumstances, there may be a brief wait period if there are a lot of pending transactions in the blockchain. However, in general, crypto deposits are swift and easy to do.
Fees to Use Cryptos to Play Online
In most cases, cryptocurrencies won’t have any type of fee attached to them. However, there are some platforms that have a specific charge for crypto payments. Be sure to check the terms and conditions of the casino itself before proceeding. It’s not normally the case that you will be charged for any crypto transactions, however.
Crypto Withdrawal Speed
Depositing through cryptocurrencies should also lead to you being able to withdraw through the same method. The great part about using digital currencies for withdrawing is that they’re often faster than traditional methods. So, after the casino’s standard processing timeframe has passed, it’s common to receive your withdrawal instantly.
Most Used Cryptos in Online Casinos
While there are over 6,000 different cryptos in operation around the world today, not all of them are used at online casinos. In fact, a very small percentage of them are available at these sites. Bitcoin is the primary one, of course. However, you’ll also find some sites that accept transactions via Ethereum, Dash, Bitcoin Cash, Litecoin, and in rarer circumstances, Monero, Dogecoin, Ripple and Tether.
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Bitcoin is the payment method of choice for the tech-savvy among us who also really value their privacy. Being able to withdraw, deposit and play on your favourite online casino really matters, so we've assembled a list of casinos which let you get your fill of bitcoin gambling by using your BTC wallet.
Bitcoin Online Casinos (BTC Casinos)
Bitcoin is the most popular cryptocurrency, having been established in 2008 as the very first of its kind. In fact, while it is attributed to Satoshi Nakamoto Bitcoin was actually invented by an unknown person or group of people.
It began properly operating in 2009, which is when its implementation was released as open-source software. It wasn’t until 2011 that organisations began accepting Bitcoins for donations, and from then on, it began to spiral. As of 2014, the Vera & John platform became the first to accept Bitcoin deposits, and various others have taken the decision to accept such as the years proceeded.
Ethereum Online Casinos (ETH Casinos)
Ethereum is known today as the second-largest cryptocurrency behind Bitcoin. It’s another decentralised open-source cryptocurrency, featuring smart contract functionality. Ether (ETH) is the digital currency generated by Ethereum miners, and it also serves as the platform for more than 1,900 other cryptocurrencies. It is also this cryptocurrency that is supported at a number of online casinos, second only to Bitcoin casinos.
Litecoin Online Casinos (LTC Casinos)
Released under the MIT/X11 licence, Litecoin was founded in October of 2011 by Charlie Lee, a Google employee. He is also a former Engineering Director for Coinbase. Litecoin differs from Bitcoin by having a decreased block generation time period at 2.5 minutes.
Furthermore, there was an increased maximum number of coins upon its launch. When it comes to using Litecoin, in the early days there was quite the correlation with Bitcoin. However, this phased out, with Litecoin becoming its own entity.
Ripple Online Casinos (XRP Casinos)
Initially released in 2012, Ripple operates as a real-time gross settlement system, currency exchange and remittance network. It’s owned by Ripple Labs Inc., which is a US-based technology company and is built upon a distributed open-source protocol.
Not really experiencing as much success as the aforementioned crypto currencies originally, it has since been incorporated into various platforms where it can be used for depositing and withdrawing. However, Ripple has experienced various issues, including a class-action lawsuit in May 2018 alleging that it led a scheme to raise millions of dollars through unregistered sales of its XRP tokens.
Monero Online Casinos (XMR Casinos)
Starting out its life as BitMonero, this cryptocurrency places quite the focus on fungibility, privacy and decentralisation. It was initially released in 2014 and its latest release came in May 2020. Due to the digital currency’s privacy features, Monero experienced rapid growth in market capitalisation, and its transaction volume improved exponentially in 2016.
In fact, it grew faster and larger than any other crypto that year. It was this growth that also introduced it to online casino sites, where people started using it more and more.
EOS Online Casinos (EOS Casinos)
One of the more recent cryptocurrencies to be launched, EOS is powered by the blockchain protocol EOS.IO. The smart contract platform claims to eliminate transaction fees whilst also conducting millions of transactions per second. It based itself on a white paper that was published in 2017 and was developed by the private company block one.
One billion tokens were distributed in the beginning to allow anyone to launch the EOS blockchain once the software was also released.
Best Crypto Online Casinos
Do you want to know which are the best cryptocurrency online casinos to play right now?
|Rank||Casino||Bonus Amount||Free Spins||Link|
|1||Fortune Jack||110% Up to 1.5BTC||250||Review|
|2||Bitstarz||Up to €500 / 5BTC||200||Review|
|3||Playamo||Up to €300||150||PReview|
|4||Kahuna Casino||Up to €4000||200||Review|
|5||Fastpay||Up to €150||100||Review|
Pros and Cons of Crypto
There are ups and downs to every payment method – but which apply to crypto?
- Instant restrictions
- Available in many countries
- No extra charges
- Higher limits
- Not supported in all casinos
- Can be found on less secure casinos
Advantages of Crypto Casinos
Let's have a look at some advantages to playing at crypto casinos.
While it’s true that many payment methods offer instant deposits, the same is not true for some of them when it comes to withdrawals. At a crypto casino though, you usually won’t have to wait longer than 24 hours for a withdrawal to be processed and arrive back in your cryptocurrency wallet. These instant transactions make the gaming experience much smoother.
Supported by Many Countries
Because cryptocurrencies aren’t attached to any central financial institution, they can’t really be banned or blocked by banks. This is something that has plagued more traditional payment methods in some countries. Digital currencies have been embraced by players from locations like the United States.
No Extra Charges
In the vast majority of cases, Bitcoin and altcoin transactions can be done without added fees. Therefore, you shouldn’t expect a percentage charge to be added to your deposit or withdrawal. Instead, it should make for a simple process, allowing you to deposit and withdraw easily.
It’s also often the case that users of cryptocurrencies are able to deposit and withdraw a lot more than users of traditional payment methods. This works perfectly for high rollers, who want to have larger amounts in their casino balance to play with.
Disadvantages of Crypto Casinos
Let's have a look at some disadvantages of cryptocurrency online casinos.
Fewer Casinos Support Digital Currencies
Even though it’s true that the number of online casinos supporting crypto deposits has risen, there are still few to embrace it yet. This is a bit of a shame, as it does provide a wonderful alternative for many people. The number is likely to continue growing though, meaning that more online casinos should be available for crypto users.
Due to the fact that cryptocurrencies aren’t attached to any central financial institution, they can be very volatile. Therefore, the exchange rate can fluctuate. So, when buying such digital currencies, you may find that one day after doing so, you could have got a lot more for your money or vice-versa.
TheThreat of Unlicensed Casinos
Because cryptocurrencies are decentralised, players run the risk of depositing at a scam casino where digital currencies are supported. These sites usually operate without a licence of any kind, meaning that your crypto funds are essentially in their hands and you have no recourse. However, we take care to only list reputable online casinos.
Customer Service for Cryptos
There isn't a single unified customer service portal for users of cryptocurrency, so if you have any issues with your payments it's recommended that you get in touch with the platform offering you the crypto purchases.
Special Casino Bonuses Using Cryptos
Something else that’s great about using cryptocurrencies is that many casinos provide special rewards for it. While a standard promotional offer may be available for users, crypto bonuses frequently appear as an alternative to these. Otherwise, crypto users should be able to avail of the current bonuses available on a site as well.
Security of Crypto
Cryptocurrencies may be considerably newer to online casino gambling than most other payment methods. However, this doesn’t stop them from providing a secure experience for users. As long as you have a crypto wallet address to send the funds to, this is all you need.
Crypto payments are based in a secure, unchangeable framework in the blockchain. As a result, the method is extremely secure to lose, as all transactions are recorded and can't be changed.
Where Cryptos are Based
Cryptocurrencies don’t really have one specific location. However, they do have to be registered somewhere to operate. Bitcoin, for example, has its headquarters in San Francisco, California. Ethereum, on the other hand, has its corporate headquarters in Madrid, Spain. Here are some headquarters of cryptos:
- Bitcoin HQ: San Francisco, California, USA;
- Ethereum HQ: Madrid, Spain;
- Litecoin HQ: Boston, Massachusetts, USA;
- Dash HQ: Scottsdale, Arizona, USA;
- Dogecoin HQ: Frostviken, Jämtlande Iän, Sweden;
- Tether HQ: Hong Kong;
- Monero HQ: Sydney, New South Wales, Australia;
- Neo HQ: Shanghai, China;
- Ripple HQ: San Francisco, California, USA.
Using Cryptos to Gamble
Cryptocurrencies can prove to be quite an exceptional alternative for people to use for gambling purposes. They often provide a smoother and easy-to-use payment method, and when it comes to withdrawals in specific, they’re usually a lot quicker. Even though the number of casinos supporting cryptos at the moment is still small, this is constantly growing.
Crypto Casinos FAQ
We've answered a few of the most common questions about using Crypto below.
Which crypto are accepted at online casinos?
Usually, the cryptocurrencies accepted are BTC, XRP, ETH, ETC, BCC, LTC however there are more cryptocurrencies added regularly.
Are there bonuses to playing at online casinos with crypto?
Yes, crypto casinos offer the same bonuses as the classic online casinos. Sometimes there might be exclusive crypto ones, or your bonus could be given back out in crypto.
From where I can play crypto casinos?
Online casinos are available from different locations, such as the US, Europe, Japan, and many other countries.