Cryptocurrency gambling was unheard of several years ago, but this is no longer the case. Many regular casinos have started offering these payment gateways, and users can also come across the so-called crypto casinos. These gambling sites only offer payments in digital currencies.
In addition to the deposit and withdrawal gateways, these casinos have many other specifics that aren’t present in their regular counterparts. I have been fortunate enough to experience several such companies, so let’s see how they work.
*The presented cryptocurrency types are just a few of the options offered at most of the betting sites. For the full list of supported cryptocurrencies, please check out our review for each brand or visit the operator’s website
How do Crypto Casinos Work?
Crypto casinos are like regular online casinos (in most ways). This means you will find many bonuses, popular types of casino games, and loads of features. However, all operators have different specifics that make them slightly different from regular companies. I have explained some of the things you need to be aware of below.
Cryptocurrencies used for placing bets on Bitcoin casinos
Whether you choose the best crypto casinos or operators that are making their first steps, you can make payments and place bets with digital currencies. Most operators have a wide array of options, but all start with Bitcoin. Other operators also let people transact with Ethereum, Dogecoin, Litecoin, XRP, Tron, and more.
Alongside digital currencies, many of the Bitcoin casinos also provide fiat payments (USD, EUR, GBP, CAD and more). You can find operators like 1xBet that provide regular deposit and withdrawal options, such as cards and e-wallets. Some, however, only offer these alternatives as a way to purchase crypto and use the latter to bet.
As the blockchain technology continues to develop and cryptocurrencies become more widespread, the number of digital currencies accepted by crypto casinos continues to grow. Still, the most commonly used remain:
- Bitcoin – this is the most popular cryptocurrency worldwide. It’s accepted by many casinos and game betting websites, and it’s also preferred by players. By using it, they get an extra layer of protection. Apart from that, Bitcoin is also a decentralized currency, which means that you have full control of it at all times.
- Ethereum – this is considered to be the second-best cryptocurrency after Bitcoin. It helped make blockchain technology a lot more accessible, which boosted the popularity of Ethereum as one of the most popular digital currencies. It’s no wonder that many Ethereum casinos accept it as a payment option.
- Litecoin – even though this currency looks a lot like Bitcoin, it has its unique characteristics. Payments done with it are fast and secure, and players can remain anonymous.
- Monero – many players opt for this cryptocurrency in order to make anonymous and secure transactions to the casino they’ve chosen. It’s these two attributes that make it so popular and used by players. However, it’s important that the casino that you like also allows you to use it as a deposit and withdrawal option.
- Ripple – this is a cryptocurrency and also a platform where you can exchange currencies. By using this digital currency, you can have high deposit and withdrawal limits in the online casinos without compromising their speed.
- Solana – launched in 2020, Solana is one of the cryptocurrencies offered by many of the crypto casinos. The digital currency was designed to host decentralized and scalable apps.
- Tether – this is a fiat-collateralized stablecoin that is backed by a fiat currency. Some of the options include USD, which creates the digital currency USDT, which is accepted by many top online casinos.
Is it allowed to bet using different currencies?
The online casino websites have the opportunity to choose whether or not to integrate a platform that allows transactions just with cryptocurrencies or with other options as well. Most casinos offer other deposit and withdrawal methods, apart from cryptocurrencies. There, you can bet using different currencies, but let’s not forget that there are websites that are specifically designed for crypto payments.
With crypto casinos, you won’t be able to bet in a different currency apart from the digital ones that are accepted. Those types of casino websites are created so that they can make anonymous transactions using cryptocurrencies. This is something that some players appreciate above all else.
At the end of the day, every user can determine for themselves whether they want to bet with cryptocurrencies in crypto casinos, or they will choose a website that also accepts other currencies.
How do deposits and withdrawals work in crypto casinos?
Deposits and withdrawals in cryptocurrency casinos work similarly to the processes in a standard casino. Starting with deposits, people have to choose one of the available options. Once ready, clients will need to select their desired deposit amount.
After you are done, crypto casinos will either show a QR code that gamblers can scan or include the crypto address to which they must send the payment. Depending on the digital currency, the payment can be instant, or it could take some time.
Withdrawals, on the other hand, are almost never instant. Even the best cryptocurrency casinos check each transfer to ensure users meet their requirements. If the answer is yes, the operator will proceed with the transaction.
Withdrawing at a crypto casino requires you to go to the special section, choose a payment option, and enter the desired amount.
Most Popular Casino Games in Bitcoin Casinos
Generally speaking, there are two types of casino games you will find in Bitcoin casinos. The first group consists of the traditional casino games you will encounter while using “regular” casinos.
Aside from these alternatives, some of the best Bitcoin casinos also provide exclusive crypto versions of some of the games mentioned above. In most cases, these sites have crypto slots that look similar to the regular versions. In fact, the only difference I found is that you need to use crypto to play, and some of the in-game rewards are in crypto.
Here’s a quick overview of the types of games you can access while using crypto casinos:
- Slots – the most popular casino games. Most of the big iGaming brands offer thousands of slots that have different reels, wild symbols, and themes.
- Roulette – the classic casino game with crypto, is incredibly popular among operators. Usually, these sites have a regular version and a live casino option.
- Live Casino Games – also known as games with real croupiers, almost all crypto casinos have these. This category often includes live roulette, baccarat, poker, and blackjack. Some sites also have game shows.
- Baccarat – like roulette, a lot of casinos have different baccarat versions.
- Blackjack – an incredibly popular type of casino game found across every casino that accepts cryptocurrency.
- Poker – aside from the live poker tables, some casinos may also offer video poker options. They are slightly different from the original versions,
- Crash Games – this is the newest and hottest category of games found among crypto casinos. The idea here is to bet and cash out before a plane/ball/something else crashes or flies away.
- Jackpots – similar to regular slots, jackpots are even more sought-after because of their prize pool. Most jackpot games have a progressive prize pool that increases all the time.
Crypto Casino Bonuses
Similar to regular gambling operators, almost all cryptocurrency online casinos offer different kinds of bonuses. Aside from the welcome offers that are aimed at new clients, the casinos that accept cryptocurrency also have multiple offers for registered users. This can include free bets, free spins, no deposit bonuses, cashback promotions, VIP clubs, tournament access, wheel spins, and much more.
The bonuses in regular online casinos have specific Terms and Conditions, and this is also the case among crypto casinos. Most of these propositions have a specific minimum deposit or bet amount you must adhere to. Also, each promotion has a fixed duration, wagering requirements (most of the time), a maximum bet limit, and more.
The only difference between standard promotions and bonuses found on crypto websites is the payment options and the maximum reward. I have noticed that some crypto proposals provide a more substantial reward than others. For example, it’s common to find casino welcome packages offering more than 4 BTC following the client’s first 3 or more transactions.
Nostrabet’s choice for the Top Crypto Casinos
Although all crypto casinos that Nostrabet presents here are world-class, some are better. From my experience and analysis, I believe Stake is above the rest, so it gets my vote for the top crypto casino.
Despite my number one choice, I will share my top 5 crypto casinos so that you have a better selection:
#1 Stake
Stake is an experienced crypto operator and one of the biggest names in the industry right now. The brand sponsors tons of athletes, football teams, the UFC, F1, and even pop stars like Drake. It has thousands of games, including in-house titles, a community that’s always ready to help, and multiple top-tier bonuses.
On top of that, Stake is licensed and secure and has a sportsbook. Needless to say, the site also accepts a wide range of digital currencies and has different responsible gambling options. I believe this is enough to make it one of the best in the business.
In terms of the available cryptocurrencies, you can use Bitcoin, Tether, Ripple, Dogecoin, Tron, BitcoinCash, Ethereum, Litecoin, and others. You also have the ability to buy crypto, an option that is not offered in every online casino.
- Pros
- A wide array of cryptocurrencies
- Original games & slots/live casino titles from various providers
- Weekly and monthly bonuses based on your VIP level of experience
- Generous welcome offer and promotions for existing customers
- A trusted brand with a broad presence in the world of sports
- Cons
- There is no mobile app (however, there is a mobile version)
#2 Mystake
MyStake is one of the world’s top-tier cryptocurrency online casinos. With more than 1000 games, an average RTP of 97%, and a user-friendly interface, it’s no surprise the brand is so popular among gamblers.
One option that sets MyStake apart from a lot of top-tier crypto casinos is the payment gateways. If you open an account, you will find Dogecoin, Bitcoin, Ripple, Dash, Ethereum, Tron, and Litecoin. Furthermore, the site also offers conventional payment gateways, such as cards and digital wallets.
The top-tier casino section is great, but it’s not all the operator has in stock. By choosing MyStake, players also have the option to wager on sports. They will also find a separate eSports category, a Virtual Sports section, and mini-games.
- Pros
- Great coverage of gaming options, including casino games, sports betting and more
- Original games and promo tournaments
- A great bonus for new players and other promotions
- Decent selection of payment methods
- Cons
- There is no mobile gaming app for Android/iOS
#3 Roobet
Roobet took the world by storm when it became available a couple of years ago. Today, this website boasts more than 3000 casino games, an almost perfect TrustPilot rating, and a user-friendly interface.
If you pick Roobet as your new crypto casino, you will see that the brand lets you use Ethereum, Bitcoin, Tether, USD Coin, and Litecoin. Furthermore, players can also rely on some of the standard payment solutions. This includes MasterCard, Skrill, Neteller, Visa, and more.
If we put the thousands of world-class casino games aside for a second, you will notice that Roobet also has other betting categories. The site’s sportsbook is slowly becoming the preferred option for a lot of people due to its features. It also provides much more markets and better odds than a lot of its counterparts.
Another thing Roobet is famous for is its partnership deal with the one and only – Snoop Dogg. It seems like the company tried taking a page from Stake’s book, which is the company that works with Drake.
- Pros
- Great crypto betting options with exclusive games
- Often offers raffles with great prizes
- Different cryptocurrencies are accepted
- There is a VIP Club with generous rewards
- Cons
- There is no mobile application for betting
- The available bonuses for existing players are not as variable like at some other casinos
#4 FortuneJack
When discussing crypto casinos, many people automatically think of FortuneJack and its incredible platform. It’s almost impossible not to discuss this brand because of its world-class casino section. With games from the likes of Microgaming, Betsot, Endorphina, and more, the titles have outstanding graphics and immersive sound effects.
Albeit popular for its casino section, FortuneJack has many other tricks up its sleeve. Did you know it has one of the best no deposit bonuses in the casino industry? That’s right, new customers can receive 200 free spins and use them to experience the jaw-dropping slot selection.
If you decide to use any of the deposit bonuses, however, you can find different digital currencies. FortuneJack provides Tron, ZCash, Dash, Dogecoin, Ethereum, Litecoin and Bitcoin Cash.
Sports betting is also huge here. Users who want a different experience from playing casino games can dive into the multiple sports and markets that FJ has in stock.
- Pros
- A decent selection of crypto payment alternatives
- Great range of casino games and sports betting markets
- No Deposit Bonus & Other Offers for new players
- Loyalty Program
- Cons
- There is only a mobile website version instead of an app
- The bonuses for existing players are not so many
#5 BC.Game
Even though it’s one of the more underrated crypto casinos, BC.Game has everything you need while gambling. Thousands of quality games spread into multiple categories ensure you won’t feel bored. To make your experience even more memorable, BC.Game also provides the so-called BC Originals, unique casino games not found elsewhere.
In addition to the standard payment solutions, such as cards and bank transfers, BC.Game has an impressive portfolio of alternatives. Clients can use Bitcoin, Ethereum, Tether, Binance Coin, and Tron. Moreover, users can even make deposits with NFTs.
Alongside everything mentioned so far, BC.Game is also famous for its unique VIP perks, quality customer support section, and jaw-dropping welcome promotion.
- Pros
- Notable partnerships in sports that show trust
- Special Racing and Lottery sections, in addition to Sports & Casino
- VIP Program with levels
- Different crypto payments are accepted
- Cons
- Mobile betting is only possible through the mobile site version
Final Verdict on Crypto Casinos
To sum up, crypto casinos are an interesting alternative to regular online casino websites. I strongly believe they are not for everyone because of the risks mentioned earlier. Gamblers need to have a good understanding of how cryptocurrency works and what the benefits of using it are.
Those who are okay with the potential pitfalls and want to use digital currencies to gamble will find plenty of options. I have used all the operators recommended in this article, and I believe all of them are worth it.
Stablecoins vs Other Cryptocurrencies When It Comes to Online Crypto Casinos
There’s no arguing that the new crypto casinos and those who’ve proven themselves over time offer quality services. Before choosing any of them, however, you need to accept the fact that these sites are a bit different.
The main difference is that all digital currencies (at least for now) are highly volatile. In other words, the amounts you deposit and play with can turn out to be much larger than you thought. Also, the amount you win could be way less if the price decreases.
If you decide to use digital currencies and choose some of the top cryptocurrency casinos, you must decide which option to use. Personally, I trust the so-called “stablecoins”, such as Bitcoin, because they are leading the crypto trend. However, many people like speculating and prefer to gamble with different altcoins.
What’s important for you is to decide if you want to save your stablecoins for something else and play with the altcoins. If the answer is yes, most crypto casinos will offer you a wide range of alternatives.
The Danger of Crypto Betting
Despite their growing popularity and the fact that the top crypto casinos are awesome, sadly, crypto gambling has its pitfalls. Due to how it works and the fact that it is relatively new, you can come across many scam casinos. These sites’ goal is to get access to your data and (usually) sell it to third parties or use it for malicious activities.
Ending up on scam cryptocurrency casinos is just one of the dangers you must consider. I have prepared a few other important aspects that many of you forget:
- The crypto wallet must be secure: Make sure you are using a trusted crypto wallet prior to making a deposit and after withdrawing your winnings. There are many options out there, but not all are secure, so do your due diligence and choose a safe option.
- The transactions are usually irreversible: In other words, people who use crypto casinos won’t be able to reverse their transaction after making it. This is not always possible in regular casinos either, but it depends on the payment option that gamblers have used. In other words, you have to double-check everything before making a transaction.
- Customer support isn’t always great: For some reason, most crypto casinos do not have a solid customer support service yet. Some offer several contact options, including a live chat, email, and even a phone number. However, the people who work there lack the knowledge to assist you with your crypto transactions.
- The crypto volatility: I have addressed this issue earlier, but I wanted to highlight it here. Crypto volatility can be a huge problem for some gamblers. You have to be okay with the fact that your $100 deposit could turn out to be $1000 or $10 in the next couple of days.
- The legal aspect: Aside from the top crypto casinos UK and the operators with permits from the local jurisdictions, most crypto iGaming operators use an offshore license. I am not saying that it is not legit, but the legal aspect of these sites has to be considered.
How to Pick the Best Crypto Casino?
To pick the best crypto casino, you must go through several aspects, some of which I have already mentioned. The first and most important step is to ensure the operator you want to use is secure and offers safety features. Check its license, SSL certificate, third-party authorizations, and more.
Once ready, the second step is to analyze the payment solutions. Since we are talking about cryptocurrencies, check if your preferred option is available. If that’s not the case, see if the casino has an exchange.
The next step is to take a look at the complete portfolio of games to see what’s available. Most crypto casinos won’t have problems here because almost all offer thousands of games.
Next, we have the bonus category. Check all promotions (for new users and existing gamblers), and skim through their conditions.
After that, I would advise you to check places like Reddit, for example, where you can find comments from people who are using or have used the casino you like. You will definitely find many hate comments, but some users will reveal some of the pros and cons.
Lastly, you should test the customer support team (if possible) and check the crypto casino’s mobile options. Keep in mind that most cryptocurrency gambling operators are yet to offer an app for Android and iOS.
Pros & Cons of Cryptocurrency Online Casinos
- Pros
- They usually have thousands of games
- Clients can find different kinds of bonuses
- There are multiple digital currencies to choose from, and some even offer fiat payment solutions
- Although not recommended, clients can use crypto casinos even if these sites are not legal because the transactions are hard to track
- Cons
- The volatility of all cryptocurrencies could be an issue
- Not all crypto casinos are legit
FAQ
How to know if a cryptocasino is legit?
To check if a crypto casino is legit, you have to analyze the license and its additional security features. Moreover, you can try finding information from people who have used the platform before.
What are some new crypto casinos, and are they worth checking out?
There are loads of new crypto casinos that are worth checking out. Sites like BC.Game, Roobet, Gamdom, and more are all awesome options.
How safe are online casinos that accept cryptocurrency?
Assuming you have chosen a legitimate casino that accepts cryptocurrencies, the site will be safe. These sites are as safe as their regular counterparts.
How do you choose what cryptocurrency to deposit?
You have to decide what cryptocurrency you want to play with based on your portfolio. A lot of people will choose Bitcoin, but most crypto casinos have a lot more options.
Are cryptocurrency casinos available on mobile devices?
Yes, all cryptocurrency casinos will be available on mobile devices. However, only a handful of them have apps because most use a mobile site.