If you are looking for the best crypto casinos , beware. While some of the top cryptocurrency online casino sites can keep you entertained for nights on end, others can turn out to be your worst nightmare. You don't want to experience the non-refund of your money, the blocking of your account and more. But don't worry, we will tell you all about choosing a reliable cryptocurrency casino.
Cryptocurrency Casinos and Gambling Sites 2023
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What is a Crypto Casino?
A crypto casino is a gambling platform that accepts Bitcoin as a deposit or withdrawal method. However, in most cases such casinos also accept other popular cryptocurrencies such as LTC, DOGE and ETH ( Altcoin casinos ).
Bitcoin, the most popular digital currency by market capitalization, is generated by miners in cyberspace when so-called “miners” use powerful computers to solve complex algorithms. In this process, the miners verify Bitcoin transactions by adding them to the public distributed ledger called the blockchain. For this, the miners earn units of the cyber currency.
In addition to miners, there are also cryptocurrency investors who closely monitor the price of BTC and try to profit from its volatility. While Bitcoin has proven to be a hugely profitable investment for some, the recent crypto winter has also reminded us that significant losses are also possible. For most investors, BTC and other cryptocurrencies are still highly volatile assets.
How does a Blockchain Casino work?
A BTC casino works in much the same way as a conventional internet casino with the only difference being that you fund your account with Bitcoins instead of fiat currency. But because Bitcoin is virtual, you store it digitally as a computer file in a BTC wallet on your device or in the cloud.
The most intriguing feature of these casinos is that they do not require intermediaries such as banks. Players transfer BTC directly from their holdings to the casino , without a third party. Read our review of crypto casino bonus offers to learn how deposit bonuses work here.
Why play at a cryptocurrency casino?
Crypto casinos have become extremely popular in recent years, and that is for several reasons. Primarily, many casino players are looking for complete privacy and anonymity, something that is not possible with traditional fiat currency. In principle, if you use cryptocurrencies, you do not need to share any personal information such as credit card or bank account information.
Another reason to choose a crypto online casino is the instant payout. Due to the vicious nature of online casinos, players usually prefer crypto casinos so that they do not have to deal with long payment processing times that usually take several days when using credit and debit cards or wire transfers. Instead, players in crypto casinos can benefit from using Bitcoin because they receive their winnings immediately. Finally, the fees for transferring money to and from your account are significantly lower than traditional online casinos.
In short, there are many reasons to start playing at one of the best crypto casinos, especially when you find a number of crypto casino no deposit bonus offers. And if you are concerned about opening an account at one of the best online casinos, there are plenty of casino reviews to be found on the internet.
How did we rank the casinos on this page?
When ranking the casinos on this page, we evaluated the following factors:
- Does the casino have a valid license?
- How friendly is the user interface?
- What crypto games does it offer?
- Are the games provably fair?
- What are the payment options?
- How quickly does it facilitate transactions?
- Does the casino offer bonuses, and if so, are the terms and conditions friendly?
- Does the crypto casino have good reviews?
- What are the customer service options, and are they reliable?
- What special features does the casino offer?
How to use a Cryptocurrency Casino? Step-by-step
Before you even think about playing at a crypto online casino, you should first buy Bitcoin or other accepted crypto coins. Once you own a cryptocurrency, you can deposit money in a casino and start playing. To help you get started, we're now going to show you the full signup process.
Step 1: Open an account
The first thing you need to do is sign up for a casino account. On the casino's homepage, you need to complete the registration form by creating a username and password and adding your email address.
Step 2: Deposit with cryptocurrency
Now it's time to add money to your account. Pyre crypto sites do not accept fiat currency so you must make a deposit with BTC or another supported crypto coin. There is also no minimum deposit limit, although you often need to deposit at least 0.001 BTC (which is about AUD40) to get the sign up bonus. To make a deposit, click on the "Deposit" button on the casino's homepage. Then you will see a new window where you have to select the cryptocurrency. Then, to complete this step, you need to transfer your crypto funds to the wallet address shown in the window.
Step 3: Start playing
As mentioned earlier, one of the main attractions of crypto betting sites is the instant processing of deposits and withdrawals. That is why you will see your funds in your account within seconds or minutes (depending on the Blockchain network traffic). Once the money is in your account, it is important to check whether you have received the bonus and if so, you can explore the huge range of games on the platform and start playing.
Crypto Live Casino – Why is it so popular?
A live crypto casino is basically an online gambling site that offers live casino games hosted by a live dealer. These became extremely popular in recent years as players can experience the thrill of online casino games with a dealer just like traditional brick and mortar casinos. Also, live dealer games are very often operated by real people and not machines, a factor that makes gambling much more reliable and exciting.
Crucially, keep in mind that some live dealer games have a minimum limit, but you can always look for low limit tables if you're strapped for cash. Another reason why so many players enjoy live casino games so much is the ability to chat with other users through the live chat box. So if you are planning to play live casino games, it is highly recommended that you find a cryptocurrency casino with a live chat for players.
Do I need to own Bitcoin to play at a crypto gambling site?
You must deposit Bitcoin into your casino account in order to play for real money. However, many casinos let you play for free while you navigate the site. But the real thrill of crypto gambling is when you bet real money, in this case BTC.
What games are available at crypto casinos?
Blockchain online casinos offer the same games as internet casinos, except you can now wager in units of BTC (Satoshi) or at least make your initial deposit and withdrawal in BTC. If you choose a casino that wants to focus on the classics, you can't go wrong with a live crypto casino that offers the following games; Dice, Craps , Limbo, Hilo, Keno, Mines, Plinko, Blackjack, Roulette, Slots, Crash, Wheel, Diamonds, Baccarat and Video Poker . You can still find crypto casinos that offer even more casino games , but then you have to search a little longer.
Slots are an addictive and fun casino favorite, although they have the highest house edge - and a low RTP, or return to player percentage. One advantage is that you can clear most of the bonuses with Bitcoin slots – some online casinos even only let you clear their welcome bonus by playing slot games and/or Keno (this game also has a high house edge for the casino).
Roulette is a classic casino game and most sites have Roulette games on offer, including American Roulette , in addition to European Roulette and French Roulette . Live roulette games with Bitcoin are provided by the leading casino game makers Microgaming, Betsoft, Evolution Gaming, Relax Gaming, Play'n Go and Golden Rock studios. They also have their own proven fair mini roulette games.
Some unique roulette variants also available are Cashout Roulette (where you can be the house), Multifire, Christmas, Roulette x2, Multi-wheel, Premier Diamond edition, First-person Lightning and Roulette Nouveau.
If you're interested in playing real Texas Hold'em against other human opponents – a game of skill – you should bet on the best crypto poker sites. If you prefer to play video poker, and other casino poker variants such as Pai Gow poker, Caribbean Stud, Three Card Poker etc; these are also available at most of the casinos in this guide.
Among the table games, dice games are also a favorite, and crypto enthusiasts can play Bitcoin Dice. Some casinos offer Sic Bo, craps, and their own proven fair Dice variant with a 97% RTP. Their craps offering has an even lower house edge, with an RTP of 98.6% and Sic Bo has an RTP of 97.22%.
Cryptocurrency casinos often offer lottery style fixed odds Keno games with large jackpot prize pools. Read our guide to lottery sites, including a way to invest in a crypto lottery project and receive jackpot redistribution rewards for holding tokens. Lucky Block is a trending Reddit Crypto and has increased in value more than 40x since the presale and trade launch.
Mines is reminiscent of the classic built-in Windows game of yesteryear and is based on the principle of Minesweeper. Revealing more and more fields gradually increases the payout factor. Cashing out means winning the last recorded multiplier, but watch out for the bombs! If you find one, the game ends and you lose your bet.
Crash crypto gambling has grown in popularity in recent months. The game involves placing a bet while an airplane is taking off on the screen. If you place your bet before the plane crashes (the multiplier increases the closer you are to the crash) you win the bet!
Plinko is incredibly simple yet extremely entertaining at the same time. The essence of this crypto game is that each round the player drops the ball from the top of the pyramid. The ball then gradually falls down until it reaches the bottom. There are several multipliers, and the winnings depend entirely on them. In the central part, the multipliers are the smallest – in the best case they give the player back part of the bet. On the sides of the pyramid are the biggest multipliers that yield a fairly large win. In Plinko, the players hope that the ball will land on the right or left side; there is the highest multiplier.
How Do I Choose a Provably Fair Crypto Casino?
A crypto casino can also go the extra mile for its reputation and inspire trust in an alternative way. We already hear you thinking how this is possible. However, the answer is simple; with crypto games that are provably fair. These crypto casinos demonstrate how they use a cryptographic method that ensures that neither the casino nor the player can know the outcome of the game until the game is over. You can also check the game play afterwards to make sure it was all fair. There are things to keep in mind when choosing an online Bitcoin casino to ensure you have the best odds and don't end up on the wrong site.
Scams can occur in crypto gambling. A casino may overcharge players, cancel a player's payments irregularly, or confiscate their winnings. Sometimes it takes forever to process withdrawals, or a casino may suddenly reject the request due to some hidden conditions. But the pinnacle of it all is when a casino fakes its games. You lose a game unfairly, without knowing it.
That's why you should choose a casino that uses Provably Fair algorithms. This algorithm allows players to independently check and verify the randomness, and thus the authenticity of each result. The process uses mathematical algorithms and cryptography. So it is impossible for such a casino to cheat.
After finding the best crypto casino that is legal in your area, you should also consider the reputation of the site in question. For most crypto casinos, although this is not mandatory, they have a Curaçao casino license in their pocket and this is of course a good sign (for example Metaverse casino sites). Also take into account how long the crypto casino has been active. Although this does not have to matter because a young casino can also prove itself through strong customer service and good casino promotions .
Of course, players from all over the world can enjoy the best crypto casino games – but residents of some countries will be happy if they can just log in. Some crypto online casinos mainly focus on certain countries or parts of the world, such as the US, the United Kingdom or Europe.
Pay attention to this before you play and do not deposit money in a crypto casino that has your country on the list of restricted countries. There are cases where crypto casinos accept players but refuse to pay out when they find out that the player is from a restricted country. Visit each casino's terms and conditions beforehand to check.
License and Regulations
Online casino operators have struggled in most jurisdictions, especially the US. For example, before the interpretation of the Federal Wire Act, most states had banned online gambling. However, for cryptocurrency casinos, the situation is still rough. Since the government has no authority over Bitcoin, cryptocurrency casinos are, in a way, in limbo about the legislation. This is why many reputable online casinos are hesitant to use digital currency as a means of payment.
Yet there are liberal jurisdictions such as Curacao that provide licenses to such casinos. When choosing a crypto casino, you need to make sure that the site is licensed and regulated by a regulatory body.
Terms of payment
Some casinos charge fees for both withdrawals and deposits. That is why it is wise that you read the payment conditions of the casino, paying particular attention to the costs of the transactions, the speed, any bonuses and much more.
Some BTC casinos, which also offer fiat coins, also have unique bonuses to encourage crypto deposits. Such freebies, whether in the form of cash or free games, are a kind gesture, and you should take advantage of them.
However, be wary of the wagering requirements, which dictate how many times you have to play the bonus money or winnings for the bonus games before you can cash them out. Also check if there are any other terms and conditions such as the maximum withdrawal limit for bonus winnings. Opt for Bitcoin casinos offers that not only extend your playing time but also have tenable play-through conditions.
Once you have chosen a Bitcoin casino you trust, make sure it offers the payout speeds and terms you are looking for. Some crypto casinos, such as Crypto PayNPlay casino promise to process your withdrawal in 10 minutes or less. This way, if you are lucky and win big, you can cash out your winnings immediately. Keep in mind that the casino in question may have withdrawal limits.
So if you plan on playing with more than this limit, make sure you don't have any issues with the slow withdrawal of these amounts. For example, if you win 10 BTC or more on a one-time big win, the casino will split the payout into ten installments over a 10-month period, or something similar.
One of the critical elements you'll want to consider is the available customer support options, such as phone support, live chat, or email. You should also measure their availability and responsiveness. Are the employees also knowledgeable about their products and services, and are they adept at dealing with gamblers, or is everyone a sore loser for them?
Only a casino with quick ways to call for help and very friendly and smart staff deserves a high rating. In addition, some of us gamblers are do-it-yourselfers, so we appreciate a resourceful FAQ page.
How Do You Know Crypto Casinos Are Safe?
The crypto casinos we review on this page are regulated and monitored by official regulatory bodies, often the Curaçao Gaming Control Board (GCB). Founded in 1999, the GCB is responsible for the licensing and regulatory oversight of the land-based casino industry and online casino sites, as well as lottery, sportsbook, bingo and poker sites. Read more about this at GamingControlCuracao.org.
Some casino sites are also licensed in Costa Rica. Always check the 'About Us' or footer information on the homepage of a crypto casino site to find out where they are regulated. They must list their license number on their website. Licensed casinos only use game providers that use a proven fair, verified casino RNG in their games.
Also check the security information or terms and conditions to see if the site uses SSL encryption to secure your personal information to the highest security standards. Another way to ensure security, fairness and privacy is to check online review sites, social media and forums – e.g. TrustPilot, Reddit and Twitter – to find out what existing customers are saying.
Crypto Casino Bonus and VIP Programs
If you are the type of player who enjoys playing games at a cryptocurrency casino, then an important factor for you is probably the casino bonus program. In this case, it is important to choose one with a great VIP program and lots of entertaining promotions. We therefore recommend that you do research into this before you sign up anywhere.
What types of crypto casino bonuses are there?
- Welcome Bonus: The most common type of casino bonus you will find at a cryptocurrency casino is a sign up bonus, also known as a welcome bonus or first deposit bonus. Here you will discover that the first deposit you make at the BTC Casino will at least be matched with bonus money. Some deals will even double or triple the amount of your sign up bonus.
- No Deposit Bonus: If you find a cryptocurrency casino with a no-deposit bonus, you can earn bonus money simply by signing up at the casino – you don't have to deposit any amount of your own money yet.
- Deposit Bonus: With this type of bonus, the casino matches the amount you deposit. For example if you deposit AUD100 your deposit bonus will be AUD100 so you have AUD200 to play with.
- Free Spins: Some free spins come with a deposit requirement, some don't. Usually all winnings from free spins are paid out to you as bonus money, which means they come with wagering requirements. However, a free spins deal is always a good thing, and if you can find one it's more than worth taking advantage of.
- Free Bitcoins: If you are lucky, or if you hunt hard enough, you can find online Bitcoin casinos that offer you free Bitcoins. Some Dogecoin casinos also offer free Dogecoins. However, don't think this is the way to riches… you will only be offered a minimal amount of Bitcoins (or rather mBTCs or millibitcoins), and you will only be able to use them in the online casino that offered them, and nowhere else.
- Reload Bonus: A casino bonus offered to players who have already made a deposit in the past.
- Game-specific bonus: With this type of bonus you only get a bonus for a specific game.
- VIP Bonuses: Many casinos offer VIP bonuses to loyal players. As a VIP you can get access to perks like free spins and weekly or monthly bonuses.
Pros Crypto Casino
We live in a digital age that is constantly evolving. An online crypto casino is newer and therefore has much more to offer than a traditional online casino. Let's take a closer look at all the benefits. The advantages of a crypto casino are all due to innovations in crypto; financial privacy, low fees, fast casino payouts and more.
1. Financial Privacy
Some of the best crypto casino sites offer complete privacy thanks to cryptocurrency payments. The best Bitcoin casino sites only offer privacy when you deposit and withdraw Bitcoin or other cryptocurrencies. This financial privacy keeps your activities hidden from banks, credit rating agencies, and let's face it, your spouse too. Financial privacy at a crypto casino = financial freedom. Freedom to do what you want with your hard-earned money.
2. Low Cost
Traditional casinos can saddle you with fees including credit card fees, deposit and withdrawal fees, etc. Online crypto casinos have a strong advantage here. Transferring Bitcoin and various cryptocurrencies saves a lot of money and time compared to other options. Indeed, a recent study has shown that transfer fees with Bitcoin and crypto can be up to 90% less than traditional bank transfer fees.
3. Play Anywhere
The gambling industry is under strict regulation. Casinos must obtain licenses for each country, pay fees and taxes , report suspicious activity to governments, etc. If they accept players from a restricted country – a country for which they have not been granted a license to operate a casino, they face severe penalties be imposed.
Traditional casinos will therefore block you based on where your credit card or wire transfer comes from to avoid these penalties. But a crypto casino offers deposits and withdrawals in cryptocurrencies – which can come from anywhere. This allows some casinos to operate anonymously and accept players worldwide.
4. Better Bonuses
The best crypto casino sites generally offer better, bigger and more frequent casino bonuses than traditional online casinos and gambling websites. This is because cryptocurrency helps them save money on deposit and withdrawal fees, chargeback fees and more.
The best cryptocurrencies for casinos
We've talked a lot about cryptocurrencies in general without talking much about the specific cryptocoins themselves. Let's check them out!
You have surely heard of Bitcoin (used in Bitcoin casinos). This coin, practically the starter of the entire cryptocurrency phenomenon, was launched in 2012. It has since become the default cryptocurrency and is very popular in the online casino world for everything from Slots, Blackjack and Roulette to Poker and more.
Bitcoin Cash (BCH)
Bitcoin Cash is the younger brother of the oldest cryptocoin. It was introduced as a result of a division over a proposed update to the original platform. The proponents of the update decided to create their own cryptocurrency, and thus the new coin was born. View all Bitcoin Cash casinos .
Ethereum is the second most popular cryptocurrency out there, or the first – if you count by the number of completed transactions. It is another early entrant to the crypto world. Ethereum is supported at almost all online gambling sites that accept crypto. View all Ethereum casinos .
Litecoin is perhaps the third most popular cryptocurrency, beating Ethereum from second place. Litecoin is designed on an almost identical basis to the original crypto and its main feature is faster transactions. View all Litecoin casinos .
No doubt popularized by Tesla and SpaceX founder Elon Musk, Dogecoin initially started as a joke. Today it is characterized as a fun take on the cryptocurrency market, one of formidable stature given its $85 billion in capital. View all Dogecoin casinos .
Tether is an example of a digital currency that does things a little differently than other cryptocurrencies. Tether was originally designed to be worth $1 US dollar for each Tether. The company has since clarified that this is no longer the case, while also reaching nearly $70 billion in market value. View all Tether casinos.
Binance officially refers to the Binance exchange, which has some of the highest trading volumes of any exchange within this new boundary. It is also commonly used to refer to the Binance Coin or BNB, the proprietary coin that can be used on gambling sites that support it. View all Binance casinos .
Tron is its own cryptocurrency platform, originally based on the Ethereum platform, offering many of the same features and benefits along with some tweaks of its own. The official name for the platform coin is Tronix or TRX. Although slightly more niche, Tron casinos are still widespread with many gambling sites supporting the payment method.
Ripple technically refers to the blockchain platform that supports much more than just cryptocurrencies. However, for a cryptocurrency gambling site, you will need to use the platform's native coin called XRC. View all Ripple casinos .
Zcash's claim to fame is its extensive privacy features beyond what various cryptocurrencies offer. It allows users to selectively disclose information about their transactions, rather than not providing the option. Technically, this reduces transparency and variability, but it increases privacy. View all Zcash casinos.
Monero has the third largest developer community in the blockchain-based coin world and is loved by many for its enhanced privacy features over other altcoins. Transaction accounts are hidden without losing the variability of other cryptocurrencies. View all Monero casinos .
Dash is another cryptocurrency with roots in the oldest cryptocoin out there. It is designed to provide faster transaction times to its users through a so-called shorter block time. Dash, which stands for Digital Cash, is quite well accepted in the online cryptocurrency gambling world. View all Dash casinos.
Originally released in 2014, Stellar is an open-source platform that enables conversions from digital money to fiat money. It also has its own token or cryptocurrency, which is called Lumen or XLM. Due to its relatively advanced age compared to newer platforms, Stellar has had the opportunity to be included in quite a few online gambling sites. View all Stellar casinos.
Cardano, with its own ADA coin, was developed in 2015 and has become the largest cryptocurrency platform using a proof of stake blockchain. These types of blockchains are an innovative, faster and greener authentication protocol compared to the usual proof of work blockchains. Cardano casinos are a great choice for gamblers looking for these benefits!
EOS, or EOS.IO, is a cryptocurrency network developed and initially released in 2017 that aims to perform millions of transactions per second, all with no transaction fees. It was developed by block.one and has since gained quite a bit of popularity among gamblers. View all EOS casinos.
NEM is another relative newcomer, with a name that stands for New Economy Movement, which serves to enlighten you on the platform's ideas about itself. It uses a newer model for verifying the creation of new blocks on its blockchain platform and has proven to be quite popular with gamblers and gambling casinos alike. View all NEM casinos.
The NEO cryptocurrency platform uses a new two-asset system for its own tokens. Non-divisible NEO coins
generate divisible GAS coins that are used to complete transaction fees and other small payments. NEO is
supported by a number
NEO betting sites.
Developed in 2017 on top of the Ethereum network, ChainLink is a decentralized blockchain platform with a native LINK token normally used for paying transaction fees. In reality, the token can be used for any payment, which has led to its adoption by a number of crypto-friendly casinos. View all ChainLink casinos.
How to gamble responsibly with crypto coins?
Responsible gambling means:
- Only risk what you can afford to lose – never gamble with e.g. rent money, college savings, retirement money, etc.
- Seeing losses as the price of your entertainment – in the long run, the house always wins, because the house edge exceeds even optimal play.
- Learn to quit when you're ahead - make a plan to get out if a lucky streak allows you to earn a certain amount of winnings, take it and treat yourself.
- Don't throw good money after bad – determine in advance what your maximum loss should be if you are unlucky, and end the session when you reach the limit.
If you find yourself struggling with self-discipline, losing sleep over losing, neglecting friends and family, etc., these are signs of compulsive behavior. Before this turns into a gambling addiction, it is best to seek advice from specialists.
Specific problems with Bitcoin are people taking out loans, using credit cards or even taking out a second mortgage on their house to buy more Bitcoin – always keep some savings to preserve your capital. Even if you are bullish on Bitcoin in the long run, it helps to have some cash available to weather dips in the market cycles.
Frequently Asked Questions
How can I trust an unlicensed crypto casino?
This is only possible if it offers provably fair games, where you can check the casino without a license afterwards.
Does a crypto gambling site have to be licensed?
No, this is not necessary, although most have one.
What makes crypto gambling so attractive?
Bitcoin and other cryptocurrencies answer the need for fast online transactions. With Bitcoin, deposits and withdrawals are almost instantaneous.
Is crypto gambling safe with money?
Yes! Bitcoin is decentralized and uses cryptography. It thus offers an unprecedented level of security. Moreover, you do not have to provide your details when you sign up at a casino. So you remain pseudo-anonymous.
What do I need to start playing at a crypto casino?
Often the casino will require a valid email address, and you may need it too, in case you forget your login password. In addition to the email, you also need Bitcoin credits.
Do I have to pay taxes on my winnings?
Tax authorities may require you to declare your income. As such, you may have to pay taxes. That said, bitcoin is in a gray area in terms of legislation in most jurisdictions.
Can I deposit with a debit card but cash out in Bitcoin?
No! Most casinos want you to withdraw using the same method you used to fund your account. If you use an e-wallet such as Paypal, you have to pay out in the same way. If you withdraw money in bitcoin while you have deposited money with a bank account, this amounts to buying bitcoins indirectly.
How can I acquire crypto coins, including bitcoin?
You can buy them through a BTC machine or exchange, trade them with a friend or family member, or accept them as payment or a gift. You can also mine new Bitcoins, or take advantage of a bitcoin faucet program that allows you to earn from 100 Satoshis (0.000001BTC) to 10,000 Satoshis for just visiting a website.
What does Provably Fair mean?
Provably Fair is an algorithm that verifies the integrity and fairness of a casino game by comparing a casino's pre-generated script to the actual game.
Where do crypto casinos get their licenses?
There are jurisdictions where crypto casinos can be licensed. The most common jurisdiction is Curacao, but some casinos are also licensed in Malta (Malta Gaming Authority), Costa Rica, Isle of Man, Antigua & Barbuda or Montenegro.