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. And this rise in their popularity has only become visible over the past few years. However, it has led to more and more casinos providing support for such a payment method at their sites.
With speed, security and convenience on their side, cryptocurrencies provide a depositing method to many people who have difficulties with such transactions. Here, we’re going to take a closer look at the features of using cryptocurrencies, and where you can utilise them for online gaming purposes.
Casinos that accept Crypto
CASINOS THAT ACCEPT CRYPTO DEPOSITS
As noted, many more online casinos today accept deposits and support withdrawals through cryptocurrencies. Therefore, you don’t need to look far to find a safe and fair casino offering it. Some online casinos that accept crypto transactions include BitStarz, Fortune Jack and Casinoin.
Those are just three of the recommended casinos that we suggest to players looking to deposit with Bitcoin, Ethereum, Litecoin or any of the other cryptos. And the list of entertaining casinos with such a payment method on hand is likely to continue growing, too.
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 an open-source software. It was this that became the very first decentralised cryptocurrency. However, even prior to this, ideas were brought up about digital currencies.
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. This provided an early form of electronic payments, and it needed user software to provide the ability to withdraw notes from a bank.
Various other attempts and trials, as well as the publication of papers surrounding digital currencies, were done by people in 1996 and 1998. However, it was 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 CRYPTOS IN 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 anonymous transactions to users. Not only that though, but in some countries, it’s very difficult to process transactions through in traditional ways. Crypto casinos have made new headway in this area, with digital currencies affording players a simple and effective payment method.
ADVANTAGES OF CRYPTO CASINOS
Let's have a look at some advantages to play crypto casinos.
If you have anonymity, then nobody knows who you are. So, by making a crypto deposit, the online casino doesn’t know who you are, where you live, what your financial status is. Instead, the platform just sees that a deposit has arrived and that it has gone to your casino account. Therefore, you needn’t worry about your safety and security, because cryptocurrencies provide high levels of these.
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 (and obviously faster), so you’re not waiting around as much.
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 though, where online gambling transactions can often be blocked.
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 the cryptocurrency online casinos.
STILL FEWER CASINOS SUPPORTING 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 in very fast movements. 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. Of course, this also works in the opposite way, too.
THREAT 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.
WHY CHOOSE AN ONLINE CASINO OFFERING CRYPTOS?
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 not solely usable at desktop casinos, but mobile casinos as well. 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.
BEST CRYPTO ONLINE CASINOS
Do you want to know which are the best cryptocurrency online casinos to play right now?
BITSTARZ ACCEPTS CRYPTOCURRENCIES
The BitStarz brand was established back in 2014, and it has been operating as a crypto casino ever since. It has a solid reputation, and is owned by the Direx N.V. brand, which means it is licensed to operate by Curacao. Players are not limited when it comes to withdrawing funds from their accounts, and alongside digital currencies, various traditional payment methods are supported. Joining this casino will allow you to access games from more than 30 developers and receive 24/7 customer support.
- Unlimited withdrawals
- 24/7 customer support
- Over 2,700 casino games
Visit and play at BitStarz.
CASINOIN ACCEPTS CRYPTOCURRENCIES
Even though Casinoin was only established in 2018, it has risen to become one of the best crypto casinos in the world. Again, it holds a licence from the jurisdiction of Curacao, but it features games from over 63 providers. The website is viewable in many different languages, providing more of an international casino appeal. It’s owned and operated by Reinvent N.V., which bases itself out of Cyprus. Furthermore, there is a downloadable mobile app for Android and iOS devices.
- Excellent website design
- Huge choice of games
- Free spins given every week
Become a player at Casinoin.
FORTUNE JACK CASINO ACCEPTS CRYPTOCURRENCIES
Fortune Jack is a casino that specialises in providing a platform that solely supports cryptocurrencies. Therefore, you can deposit and withdraw via Bitcoin, Litecoin, Dash, Monero, Ethereum, Bitcoin Cash and many more. You’re not restricted by withdrawal limits at this site, either. The casino offers a great selection of live dealer games alongside the basics, whilst newcomers can claim 20% cashback on their first deposit. Fortune Jack also has its own sportsbook that you can involve yourself in.
- Helpful, friendly customer support
- Support many digital currencies
- Unlimited withdrawals
Sign up to Fortune Jack now.
LADY HAMMER CASINO ACCEPTS CRYPTOCURRENCIES
Another casino that is owned and operated by Direx N.V. is Lady Hammer. Opening its doors in 2017, this platform provides the possibility of playing games from around 40 different developers. A large variety of cryptocurrencies are supported at this casino, including popular options like Bitcoin and Ethereum. It holds a gambling licence from the jurisdiction of Curacao and provides a welcome bonus of 100% up to €100 and 50 free spins.
- Welcome package across first 3 deposits
- Supports numerous digital currencies
- Huge collection of games
Register for an account at Lady Hammer casino.
SLOTV CASINO ACCEPTS CRYPTOCURRENCIES
This platform possesses licences from Malta, Sweden and Curacao, ensuring that it is able to operate around the world. Alongside the digital currency transactions, SlotV supports deposits through many traditional methods, too. With around 60 developers providing games to it too, the lobby is filled with titles. It also features high monthly withdrawal limits of $100,000 and has a great reputation since it launched in 2017.
- Massive choice of games
- High withdrawal limits
- Supports various payment methods
Check out SlotV casino.
HOW TO DEPOSIT AT CRYPTO CASINO SITES
Cryptocurrencies are one of the easiest payment methods to make use of at an online casino. As long as you hold a cryptocurrency that the casino accepts deposits through, you’re good to go. If you don’t have such, then you can always purchase some at one of the many online exchanges. Then, sign up at your chosen online casinos and head over to the cashier page to make your first deposit.
From there, select the cryptocurrency that you possess, 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. Then, insert the amount you’re intending to deposit via the cashier page and into your wallet, too.
Complete the transaction by hitting the send button and the funds should appear in your casino account almost instantly. In some circumstances, there may be a brief wait period for the blockchain to be accepted. 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 those platforms that have a specific charge. Sometimes, this is done solely on cryptos and other times on all types of deposits, regardless of method used. Be sure to check into the terms and conditions of the casino itself before proceeding. It’s not normally the case that Bitcoin or Litecoin or any of the others will charge you for a transaction, though.
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.
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. Obviously, these target crypto users in specific, and can often reward you with bigger bonuses than standard depositing methods.
TRUSTWORTHINESS OF CRYPTO ONLINE CASINOS
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. In fact, digital currencies have been noted as being somewhat safer than traditional payment methods, as you’re not exposing any of your personal data to third parties. As long as you have a crypto wallet address to send the funds to, this is all you need.
Obviously, you remain anonymous while transacting this way, so you’re at less risk of being identified. So, with this being the case, crypto online casinos can be considered exceptionally trustworthy.
LICENSE AND ADDRESS OF SOME CRYPTOS
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 addresses 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 the 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, and players will be able to benefit from more and more as time goes by.
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 accepts transactions via Ethereum, Dash, Bitcoin Cash, Litecoin, and in rarer circumstances, Monero, Dogecoin, Ripple and Tether.
BITCOIN ONLINE 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 (a definite pseudonym), 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
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 was initially released in 2015, and although there were early queries relating to its security, it has built up a good reputation. It is also this cryptocurrency that is supported at a number of online casinos, second only to Bitcoin casinos.
LITECOIN ONLINE 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 to Bitcoin by having a decreased block generation time period at 2.5 minutes, meaning that transactions are processed quicker. Furthermore, there was an increased maximum number of coins upon its launch. When it comes to using Litecoin as a method of payments, in the early days there was quite the correlation with Bitcoin. However, this phased out, with Litecoin becoming its own entity.
RIPPLE ONLINE 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 cryptocurrencies 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
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
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. It’s registered in the Cayman Islands, and this is the case ever since it began. Although it isn’t found at a large number of online casinos for the time being, this is likely to change in the near future.
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 favorite online casinos. Make a deposit by transfering the amount of crypto purchased to the wallet inside your casino account.
- Start playing: it's finally time to start playing with your favorite crypto casino games with your balance in crypto.
WHICH CRYPTO ARE ACCEPTED AT ONLINE CASINOS?
Usually, the cryptocurrencies accepted are BTC, XRP, ETH, ETC, BCC, LTC e tante valute di inferior portata, come TRX e ADA.
THERE ARE BONUSES TO PLAY ONLINE CASINOS WITH CRYPTO?
Yes, crypto casinos offer the same bonuses as the classic online casinos.
FROM WHERE I CAN PLAY CRYPTO CASINOS?
Online casinos are available from different geos, such as US, Europe, Japan, and many other countries.
This page was written in 2020, and is now maintained by Dani Wilson. Should you have any questions or see any discrepancies on this page, feel free to reach out to her. The casino list at the beginning of the page is revised each month, to ensure we only offer the very best casino sites to our readers. Let's have a look at some handpicked references you may find interesting.