As you probably already know, blockchain technologies are easily the most rapidly growing financial services on the planet. However, gambling has been moving online rather quickly as well, in a process lasting more than two decades by now. Online crypto casinos are where these two emerging industries converge, offering amazing services to casino enthusiasts across the globe.
Crypto casinos are websites that allow players to play casino games while using various cryptocurrencies. Just like with regular casinos, such websites can be used to win money through gambling. Instead of fiat currencies, however, you use cryptocurrencies to gamble online, which means your stake and potential winnings are in currencies such as BTC.
Of course, the rise of these two trends means that Bitcoin online casinos are popping up like mushrooms after a rainstorm. As with all products and services, not all of these websites are equal. Some casinos simply have better offers than others.
Crypto casino sign-up bonuses are one of the many reasons you may want to shop around before picking one. A good Bitcoin casino bonus can offer a substantial boost to your gambling budget, and we’re here to find the best ones.
The whole idea of blockchain is based on decentralisation. This means that there are multiple currencies in use, and online crypto casino offers are applicable to more than one.
So which cryptocurrencies can you use at online casinos? Here’s a quick rundown of some of the most popular ones that offer cryptocurrency online casino bonuses.
Bitcoin (BTC) – Let’s start with the big one. The very mention of Bitcoin these days is almost synonymous with crypto as a whole. BTC is the longest-running cryptocurrency around, and its huge but volatile per-coin value is pretty much famous. Though it’s not exactly the quickest in terms of transaction speed, Bitcoin online casinos are incredibly common and widespread. This means that Bitcoin casino bonuses are easily the biggest and most attractive offers. More so than most fiat currencies, in fact. We’ve seen Bitcoin sign-up casino bonuses reach 5 BTC, which translates to hundreds of thousands of dollars! Bitcoin casino bonus codes are always in high demand, and the currency has already spread even to major mainstream casino brands.
Bitcoin Cash (BCH) – Cryptocurrencies are communal, decentralised endeavours. Sometimes, the creators, miners, and traders have disagreements about the future of a currency – yet none of them have complete control of it. Bitcoin Cash appeared as a result of one such disagreement and attempted to improve upon Bitcoin. Bitcoin Cash casinos took up BCH because it offers reduced transaction speeds. That said, some say that speed comes at the cost of security.
Ethereum (ETH) – Ethereum gained momentum much later than BTC, but it is arguably today’s second-biggest crypto. Even though it’s not nearly as popular or valuable yet, Ethereum improves upon the Bitcoin model in several important ways. It’s faster, more reliable, and much less prone to rapid inflation/deflation. That’s why many Ethereum online casinos decided to pick it up in the first place. ETH was designed with mass-market appeal in mind, so it’s already quite common as well. The upside to this is that there are many attractive Ethereum casino bonuses to choose from. Also, small transaction fees mean that you can get more bang for your buck from your ETH signup bonus!
Litecoin (LTC) – Launched in 2011, Litecoin is based on an open-source global payment network. It is the second-largest cryptocurrency in the world in terms of market cap value. Unlike Ethereum, LTC lacks a concentrated effort for implementation with real-world vendors and services. That’s why it’s not quite as common as some of its competitors, but Litecoin casinos do in fact exist. LTC casino bonuses may not be as large as their BTC counterparts, but the currency itself is faster, more stable, and charges smaller fees.
Dogecoin (DOGE) – This little token bears the meme-tastic face of a Shiba Inu, and it apparently launched as a joke. The idea was to poke fun of Bitcoin and cryptocurrency speculation, alongside commonly affiliated grandstanding. However, its Scrypt-based algorithm proved to be actually more convenient than BTC in many ways. Huge speeds, low fees, and an ironically stable value all proved to be quite nice to have. Of course, Dogecoin gambling was quick to follow. Dogecoin online casinos are still nowhere near as common as with the other currencies on this list. Still, they exist and may be worth checking out if you’re looking for an alternative to BTC.
No matter how you look at it, you can’t make crypto payments without a wallet. Wallets are online services that essentially store and track all of your currencies and transactions. In terms of online crypto gambling, a wallet essentially takes the role of your bank. Whenever you deposit crypto into a casino, this is where you’ll be depositing from. The same goes for crypto casino withdrawals.
Not all wallets are the same, so you need to take care to pick the right one for yourself. This page is about crypto casino signup deals, though, not wallets, so we’ll just offer a quick rundown of some popular options.
Electrum – A safe, beginner-friendly crypto wallet that’s been in the business since the beginning. It’s quite popular, though there are smaller altcoins you may not be able to store on it.
Coinbase – A market leader among crypto wallets. Coinbase is proven, versatile, and acts as one of the most active crypto marketplaces in the world. It’s a “hot” wallet and a one-size-fits-all for all your crypto needs.
Ledger Nano X – A “cold” crypto wallet, which means it’s typically disconnected from the internet. This translates to impenetrable security, though it often comes at the cost of convenience.
Many of you are not yet fully sold on the idea of gambling using cryptocurrencies. We realise that it might seem daunting if you don’t have any experience with blockchain, but that Bitcoin casino no deposit bonus is not the only perk of this approach to online payments.
What are the main pros of using cryptocurrency for gambling at online casinos?
We take a look.
Decentralisation – Cryptocurrencies are not tied to any banks or governments. You can use all your funs however you see fit, and no one can interrupt or stop you. This also has both positive and negative effects on inflation and currency value.
Anonymity – Furthermore, all transactions (including casino deposits/withdrawals) are completely anonymous. Crypto casinos don’t even have to ask you for your name/address! This means that you can bet at any casino anywhere in the world without worrying about casino country restrictions.
Security – The blockchain was made to be safe. If you follow the proper practices and are careful about your personal info, a crypto wallet is virtually impenetrable.
Low Fees –This part rarely applies to Bitcoin casino bonuses, but it’s a point worth making for other transfers. All crypto transactions come with low fees, which is particularly noticeable compared to international bank transfers.
No Conversion Required – Bitcoin and other cryptos are used all over the world, so you don’t have to worry about regional currencies.
Larger Bonuses – For one reason or another, cryptocurrency casino bonuses are nominally much bigger than their fiat counterparts. A crypto casino no deposit bonus is also much easier to find – no deposit bonuses are a dying breed in today’s casinos.
The list below will present you with some of the main disadvantages of using cryptocurrency for gambling online.
Volatility – As you’ve probably heard, cryptocurrencies are prone to large and sudden inflation/deflation. This can sometimes work in your favour but is overall a concerning factor.
Untraceable Transfers – Online anonymity is sometimes great, but there are cons to it as well. If you run into a problem with your transaction, there’s no one that can help you. Similarly, there’s little you can do if your funds or wallet are stolen.
Limited Availability – Finding a Bitcoin casino in BTC is not hard these days, but BTC is by no means as common as, say, the US dollar or Euro.
Limited Legal Protection – Again, anonymity is not always perfect. Bitcoin and crypto casinos online technically do not even need a license to operate – it’s all a legal grey area. That’s why you should take special care to only gamble at safe crypto casinos.
Our collection of top welcome bonuses at crypto casinos is based on a strict set of standards. Crypto casino bonuses rely on the same set of rules as most other betting site promotions. There’s a lot of digging and comparing involved in digging up the best ones.
Here’s a shortlist of things to look out for when searching for the best crypto casino bonuses.
Currencies – A Bitcoin casino bonus won’t do you much good if you’re using, say, Ethereum. Be sure to check which currencies the casino uses and whether bonuses can apply.
Bonus Limits – Most first deposit casino bonuses in Bitcoin and other cryptos have minimums and maximums. You have to deposit more than the minimum to get the bonus. However, avoid pushing as high as you can. If you overextend you may not be able to complete wagering requirements before the time runs out.
Wagering Requirement – No Bitcoin casino free bonus is entirely free and withdrawable. You may need to complete a certain requirement before you can withdraw bonus funds. Typically, this requirement amounts to 20 or 30 times the bonus amount. The problem is that you have to complete it before the time limit of the bonus runs out.
Bet and Win Limits – Furthermore, some casinos have a maximum on how much you can stake/win using bonus funds.
Game Eligibility and Wagering Contribution – Bonus funds may be usable only for certain games or titles. Furthermore, not all types of casino games contribute the full stake toward meeting wagering requirements.
All Bonuses/Promotions – Newbies typically focus on the crypto casino sign-up bonus and nothing else. Remember that there are other, similar promotions and offers on every good casino. The crypto casino welcome bonus is not the only one you should look for. Be on the lookout for special crypto casino bonus codes, too.
Unless you’re dealing with a crypto casino no deposit bonus, you’ll need to make a deposit to collect. The process is simple, but you may have questions if you’re not familiar with cryptocurrency transactions. No worries – we’re here to help.
Here’s a step-by-step guide to depositing cryptocurrencies in online casinos.
Ensure your crypto wallet is working and funded. Just like a bank account, your crypto wallet has to be open and ready to make payments. You’ll obviously also need some funds.
pen an account at a crypto casino. Select one of the casinos listed on this page, and click ‘Sign Up’ once you get there. Just fill out the required forms and you’ll be good to go. Cryptocurrency casinos typically require little more than an e-mail, password, and basic info. However, casinos with fiat betting options will require a lot more.
Go to the casino’s Cashier section and select Deposit. You’ll usually find such options prominently displayed at the top or the sides of the casino’s UI.
Pick the option to Deposit using your preferred cryptocurrency. You will also have to opt into any promotions you want. Be sure to tick any crypto casino welcome offer boxes.
Copy your Wallet deposit address into the required film. You can find this information in your Wallet. Note: the wallet address and deposit address are not the same things.
Copy the unique depositing address to your Wallet. At this point, the casino will provide you with a deposit address, not unlike the one you provided.
Make a new transaction from your Wallet. Type in the amount you wish to deposit, paste the casino’s depositing address, and confirm.
Enjoy! Your funds should now be available in the casino, complete with any casino crypto bonus funds.
Crypto casino withdrawals are a bit more straightforward.
Head over to the casino Cashier page and click the Withdrawal tab. Again, this page is easily accessible through any casino’s user interface.
Choose your currency and type in how much you want to withdraw. Select BTC, LTC, ETH, or whichever currency you were using to gamble. Keep in mind the casino’s withdrawal maximums, where applicable. Your cryptocurrency bonus casino funds may not be available for withdrawal if you haven’t completed the wagering requirements.
Past your Wallet address. Copy and paste it from your crypto wallet.
Confirm the transaction! Crypto transactions are instant, so the funds may immediately be available in your wallet. However, some casinos manually verify all withdrawal requests. In this case, you may need to wait a few hours or days at the most. Check the casino’s terms and conditions to be certain.
Crypto Bonus offers are getting really popular. Due to the reasons we’ve thoroughly listed on this page, these types of deals have gained quite a fandome. To make it easier for you to find the best crypto bonus today, the CPO team has customized this list for you.
The only thing you need to do is to find the top offer that matches your strict parameters, visit the casino and claim it.
That’s difficult to say, but you can check the list above to find the highest maximums. However, size shouldn’t be your main concern. Bitcoin casino bonuses occasionally convert into tens of thousands of dollars. If you can’t meet the wagering requirements, however, such a huge bonus would be useless to you. Pick a bonus that fits your budget.
Most of the time, casino welcome bonuses are matched. This means that the casino awards some bonus funds based on the size of your first deposit, for example by doubling it. However, some bonus offers work differently, such as crypto casino no deposit bonuses.
No deposit bonuses at casinos do not require you to deposit to collect the bonus. Anyone can claim such offers without committing any real funds. However, bitcoin casino no deposit bonuses are typically much smaller, harder to find, and with stringent terms and conditions.
A very small number of countries outright ban the use of Bitcoin, and these are the only places bitcoin gambling is banned. Most other countries do not even see cryptocurrencies as actual money and crypto gambling as actual gambling. Combined with the fact that crypto transactions are untraceable and anonymous, you can pretty much gamble anywhere using Bitcoin or other cryptos.
It’s an incredibly popular worldwide currency, which means that there’s essentially a limitless market out there for crypto gambling. Moreover, the anonymous and safe nature of crypto transactions works well with online casinos.