Now that you’re aware of the best crypto casinos out there, let’s look at how to get started with crypto gambling. Your experience will vary depending on a number of factors, such as where in the world you are playing from and what kind of games you want to play.
Before we explore how to start gambling on crypto casinos, let’s dive into the various reasons why you might want to in the first place. Here are some of the benefits of playing on crypto casinos.
For crypto casinos, processing transactions in regular fiat currencies can be both complicated and expensive. Processing fiat currencies is tightly regulated, and even if an online casino is allowed to do it, the costs of processing transactions can be high. These costs are then passed on to the players. Because cryptocurrencies incur lower transaction processing costs, more crypto casino sites are encouraged to enter the market. This is great for players as they’ll have more choice. And with more casinos competing for their custom, they’ll enjoy better sign-up bonuses.
Cryptocurrencies, like Bitcoin, are decentralised, which means they’re not owned by any single entity and have no connection with governments or banks. Consequently, accounts with crypto funds can’t be blocked, frozen or seized, which is one of the many reasons they’re so popular. Instead, transactions are authorised by the blockchain network, which is distributed across the world.
Because cryptocurrencies are decentralised and not under the control of a single entity, they can be purchased and used from anywhere on Earth. This is a huge advantage for any website that accepts payments, including online casinos, as they no longer have to go through the expense and effort of signing up with payment transaction processors in different regions. If a visitor to their site has a crypto wallet with funds, they can purchase the casino’s products or services from anywhere.
Conventional payment methods at online casinos tend to come with high fees. Fortunately, blockchain transaction fees are far lower, meaning that you get to keep more of your winnings and can play for longer.
Cryptocurrencies are anonymous, so your personal data remains hidden throughout each transaction. Only the amount is visible on the blockchain.
Perhaps most importantly of all, on a practical level, crypto casinos are another place for you to spend your crypto. One of the main issues with cryptocurrencies, in general, is widespread adoption. In other words, getting as many businesses as possible to accept crypto as a form of currency. The fact that increasing numbers of online casinos are accepting crypto is a good step in that direction.
Despite all the advantages of cryptocurrencies, they are not without their downsides, too. With that in mind, there are a few things you should take into account if you’re considering spending cryptocurrency when playing at an online casino.
Cryptocurrencies are famous for their price volatility, which is why investing in them has become so popular. This means that it’s possible to get less than you originally paid when you exchange your crypto back into a fiat currency, like dollars or pounds. However, your crypto may also have increased in price when you convert it back, which is awesome. It’s essential to understand that price changes work both ways.
As no one person owns a cryptocurrency’s blockchain, nobody is responsible for any of the problems that occur on it. If you run into an issue with a transaction, it’s up to you to figure out how to resolve it. There’s no hotline to call or email address to query. And while you might get some customer support from the crypto casino or your wallet provider, they also don’t control the blockchain, so there’s usually very little they can do, besides offer you advice. Worse still, if funds are stolen from your wallet, the chances of you recovering them are low.
This is exactly why you should fully understand the steps involved in crypto gambling, as well as the risks, use a good crypto wallet and only gamble on reputable crypto casinos.
Once a transaction has been confirmed on the blockchain, it’s irreversible. So, unlike a credit card problem, for instance, you can’t reverse the charge. This is all the more reason to stick with reputable crypto casinos, like those featured in this guide.
We’ve provided a selection of the best crypto casinos, but which one you decide to use depends on your personal preferences. Here are a few factors to consider when choosing your ideal crypto casino.
If you prefer a particular cryptocurrency, check if the crypto casino you’re considering accepts it. The cryptocurrencies accepted by online casinos usually include Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and even Dogecoin and Ripple.
You’ll also want to look at the variety of casino games they have on offer. These typically include slots, roulette, blackjack, baccarat, and a selection of table games. Before signing up, check whether your chosen crypto casino has your favourites and what their limits are.
Take a look at the types of bonuses each crypto casino offers, which could include:
See what others are saying about the crypto casinos you’re interested in. This could be done through crypto casino review sites or by reading Reddit posts where other players have shared their experiences of playing on particular crypto casinos.
Once you’ve chosen a crypto casino and opened an account, the next step is to deposit some cryptocurrency so you can start playing your favourite casino games. For some players, this can prove to be the most challenging step. So, to make it easy as possible, we’re going to take you through the process of depositing crypto into your casino account—step by step.
Staying safe online is one of the main considerations when playing at an online casino that accepts cryptocurrencies. Here are a few measures you can take to ensure you remain safe and keep your crypto funds secure when gambling online.
Above all, sticking to reputable casinos is the easiest way to stay safe when crypto gambling. Every site listed on Crypto Casino Master has had its reputation and license checked by our team to save you the trouble of doing so. But if you want to do more due diligence, all you have to do is search for review to find more opinions.
When you sign up with a crypto casino, come up with a strong password that’s both secure and unique. If you’re the type of person who has a “go-to” password for everything, don’t use it this time. Come up with something completely different that includes both uppercase and lowercase letters, as well as numbers and other characters. Also, if you happen to register with more than one crypto casino, come up with a unique password for each.
Be very careful with your wallet’s public and private keys. Keep them in a password-protected file or write them down and keep the piece of paper somewhere safe. Also, never share your private key with anyone. They don’t need that to send you funds, just your public key.
As detailed above, one of the main advantages of crypto casinos is their ability to be enjoyed from anywhere in the world. However, if you travel abroad, you may find that you can’t access your favourite gambling or sports betting sites, including crypto casinos, like at home. Fortunately, a virtual private network (VPN) offers a simple solution to this.
A VPN conceals your IP (internet protocol) address and allows you to establish a secure, encrypted internet connection. It’s very easy to install and has lots of benefits. Many people use a VPN for streaming services, etc. Here are some of the most popular VPNs on the market.
Once, you’ve chosen and installed a VPN, here’s how to use it to connect to your favourite crypto casinos:
Presently, the US isn’t united in how it feels about online casinos. Different states have varying laws relating to online gambling in general. As a result, you may find you don’t have access to your preferred crypto casino while travelling around the US. So, if you happen to be on vacation, enjoying the Florida sun or taking in the sights in New York City, you can switch on your VPN app and still play your favourite games.
Most Crypto Casinos don’t allow American players in their casinos, but there is a large number of players from the US who use a VPN connection, which makes it very hard for the casinos to keep track. This is something that many players do, but it’s not something that we recommend.
For a crypto casino to legally operate in the UK, it must obtain a license from the UK Gaming Commission (UKGC). Consequently, you might not have the same access to your favourite crypto casino games if you’re visiting the UK. However, if you activate your VPN and follow the steps above, you should be able to log in as if you were back home.
Similar to the US players, many UK players use a VPN connection when creating their account and making transactions, which makes it hard for the casinos to know in which country the player is actually living. At this point, there are no big risks in doing this as a player, but we still recommend that you play on the sites of UK-licensed operators if you live in the UK.
Much like the US, the various states and territories in Australia will have different legislation regarding online casinos. Worse still, popular tourist spots—like the Great Barrier Reef, Sydney Opera House, and Uluru (Ayers Rock)—are all in different states! Fortunately, a good VPN will solve that issue for you while you’re travelling around Australia.
Australia is one of the countries where most of the played casino rounds take place outside the regulation. The reason for this is the very strict regulation in both betting limits and compliance. What many Australian gamblers do is to buy some cryptocurrency, such as Bitcoin, and then connect to a VPN in Mexico. From there, they can deposit and play, just like any other player from elsewhere.
This is, again, something that we don’t recommend, even if it is done by many gamblers in Austalia.
For a crypto casino to be legitimate, it needs to obtain a gambling licence from a proper gaming commission. One of the most popular options for online crypto casinos is obtaining a gaming license from the Curacao Gaming Control Board (GCB). Curacao is a Dutch colony in the Caribbean and has one of the world’s oldest and most reputable gaming commissions.
Lots of online casinos obtain their licences from the GCB because a single licence allows them to offer multiple products, registration takes weeks instead of months, and the process is more cost-effective. Consequently, casino owners can get up and running in less time and pass on what they have saved in setup costs to their players, usually in the form of bonuses.
In addition to Curacao, the Malta Gaming Authority (MGA) is another place that crypto casino operators go for their licenses. Malta also offers cheaper registration fees and a fast application process. Plus, Maltese license holders can advertise their online casinos across the EU, except in countries with their own regulatory body, like the UK.
Here are a few things to keep in mind when playing on a Curacao-licensed casino:
Other than that, playing on a Curacao-licensed casino is the same as any other casino. Better still, crypto casinos with Curacao licenses often have the most flexibility in terms of payment options, as well as higher limits.
When considering playing on a crypto casino, the main concern of some players is whether or not it’s actually legal to engage in crypto gambling. And this is a good question, as both cryptocurrencies and online gambling operate in a grey area in many places. However, the reality is, as a consumer, it’s not illegal for you to play on any crypto casino.
When it comes to crypto gambling, it is the responsibility of the casino operators to have the correct licenses in place for each market their players reside in. As a player (and more specifically, as an adult), it is your responsibility to monitor your own gambling activity and keep the crypto in your wallet secure.
As with other online casinos, some crypto casinos are safer than others. Fortunately, however, if a casino is featured on this site, you can be assured that our team has verified its license and researched its reputation amongst players. Also, to remain as safe as possible when playing on a crypto casino, please follow the advice we have outlined in this guide.
Games found on crypto casinos include slots, roulette, blackjack, baccarat, and a variety of other table games. The games will vary depending on the casino. However, be sure to research which of them allow you to play your favourite games.
Typical cryptocurrencies accepted by crypto casinos include Bitcoin, Ethereum, Litecoin, and Bitcoin Cash, with others accepting Dogecoin, Ripple, and others.
The best cryptocurrency for use on crypto casinos depends on your personal preferences. If you already hold crypto, then whichever coin you have will be most suitable. If you’re only buying crypto to use at an online casino, then it’s wise to choose the one that’s most widely accepted by the casinos you’re interested in and has the lowest transaction fees.
Because depositing and withdrawing cryptocurrencies into and from players’ accounts doesn’t cost crypto casinos money, as regular currencies do, most don’t charge a fee when doing so. However, you will incur a blockchain processing fee for transferring the crypto to and from your wallet. Depending on the cryptocurrency, these are usually much lower than the fees typically charged by casinos when using fiat currency. That being said, read the payment terms for the casino sites you intend to play on to be absolutely sure.
There are several ways to purchase cryptocurrencies to use at online casinos. The most common way is from a crypto exchange, such as Coinbase or Binance. Alternatively, some wallets allow you to purchase them directly with a credit or debit card.
When it comes to using cryptocurrencies to play at online casinos, the main risk is losing your funds or having them stolen. However, if you follow the advice on staying safe when gambling with crypto, which is detailed above, you will significantly reduce these risks. As far as actually playing at the online casino, the risks are the same as playing with a fiat currency.