It’s easy to see that crypto casinos aren’t much different from typical online casinos. The main difference is how to make crypto deposits compared to fiat money casino deposits. Before you can get started, you need virtual currency. In this guide, we’ll cover how to get your hands on crypto and safely fund your casino account so you can claim bonuses and play games.
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Getting Started With Crypto Deposits
Crypto gambling offers you plenty of benefits when playing online. But first, you need a virtual currency wallet and crypto coins or tokens. You use the wallet to purchase and store your digital currencies – kind of like a safety deposit box from back in the day.
Opening a crypto wallet is as easy as finding a reputable provider and following the instructions on their website. We suggest that beginners start with a hosted wallet (also called an e-wallet) – a wallet held by a third party.
Once you’ve set up your wallet, you can buy crypto coins using your bank account, credit card or favourite e-wallet. Remember that crypto values fluctuate, so you’ll need to keep track of real-time prices and aim to purchase low.
Crypto in hand, you are ready to sign up at an online casino and make crypto deposits.
There are plenty of crypto wallets to choose from online, but you’ll want a reliable product that keeps your coins safe. Choose a service that has two-factor authentication to ensure it’s harder for hackers to get their hands on your account.
Also, keep your keys safe. Misplace them, and there is no way to recover your crypto wallet and the virtual funds you’ve stored in it. Never share that private key. This applies to physical or hardware wallets, though, since e-wallets don’t have private keys. The only information you should share is your address that allows the digital currency to make crypto deposits into your casino account.
How to Make a Crypto Deposit
Making online casino crypto deposits is perfectly safe, fast and relatively easy. Depending on the digital currency you’re using, transactions may be added to a ledger that may be viewed publicly. It’s this type of advanced technology that makes it nearly impossible for scammers to try their underhanded luck on the blockchain.
Before you start playing your favourite crypto games, though, you need to have purchased your virtual tokens or coins and stored them in your wallet. Then you’re ready to fund your casino account with these easy steps.
Step 1 – Log into your chosen crypto casino and navigate to the Cashier or Deposit section.
Step 2 – Choose cryptocurrency as your preferred deposit method.
Step 3 – Pick a cryptocurrency that you’re going to use to fund the casino account.
Step 4 – Enter the amount you want to deposit.
Step 5 – Copy the casino’s wallet address and head to your wallet.
Step 6 – Enter the casino’s wallet address and double-check it, get it wrong and you risk losing your deposit amount forever.
Step 7 – Make sure you have enough crypto to cover any relevant transaction fees. Different digital currencies come with different fees, but the casino shouldn’t charge you for deposits.
Step 8 – Complete the transaction.
Depending on the crypto and its network, your crypto deposits may be instant or take a few minutes. Once the funds reflect in your casino account, you can claim bonuses and play your favourite crypto casino games.
Casinos Accepting Crypto
It might seem like an obvious thing to mention, but it’s important that you choose crypto casinos that accept your preferred digital currencies. While some players prefer to stick to well-known options like Bitcoin, we don’t want to limit you. That’s why our crypto gamblers spend their days finding casinos that accept at least a number of these currencies.
Popular Crypto Deposit Methods
The world’s leading digital currency, Bitcoin is accepted at most crypto casinos. It’s one of the safest payment methods for crypto gamblers.
Ether is the native token of Ethereum and the second most popular cryptocurrency. Unlike Bitcoin, it wasn’t created as a crypto platform, but rather as a block-chain based computing platform. It offers instant crypto deposits at casinos and swift withdrawals.
This stable coin’s value can be tied to fiat currencies and will remain stable even when the crypto market fluctuates, making it a popular casino deposit and withdrawal method.
Another leader in the virtual currency market, Litecoin is similar to Bitcoin but offers faster crypto deposits, with transactions processed in less than 3 minutes.
The hard fork of Bitcoin, Bitcoin Cash has many similarities to its counterpart, complete with secure and transparent transactions that are completely anonymous.
Released in 2014, Monero operates on an open-source platform that guarantees security and privacy when you make crypto deposits and withdrawals.
FAQ
It’s safe and fast. When you use blockchain technology, there’s less risk, fewer checks and fewer to no charges. You can also play anonymously or keep your gambling under wraps in your jurisdiction.
You’ll need a wallet address and cryptocurrency. You can then paste the casino’s wallet address into your wallet and state how much you’d like to deposit. Each crypto casino has similar but slightly different steps for crypto deposits, so it’s best to check this out before signing up at a site.
No, not on the casino’s side. The balance of your account is usually automatically converted to a specified currency to avoid fluctuations.
Yes, provided they’re legitimate, licensed and provably fair. Crypto casinos tend to be safer than traditional casinos, but you’ll want to make sure the site you sign up at has a solid reputation and reliable security measures in place, on top of those implemented for crypto deposits.
It’s as simple as picking a casino, signing up and completing the registration process. Once you’ve verified your account, you can start making crypto casino deposits.
You’ll need to register on a reputable crypto exchange, sign up for a wallet and then use fiat money to purchase your digital tokens or coins.
Yes, all the top cryptocurrency online casinos offer deposit bonuses for new and regular players. It’s a great way to boost your bankroll and play for longer. Just be sure to read the terms and conditions first.
Yes, thanks to the many layers of encryption and various verification systems, crypto deposits are the safest way to fund your casino account.
Registering At Crypto Casinos
When you arrive at a crypto casino website, you’ll need to locate the Sign Up/Join/Register button. A registration form will usually pop up and you can complete the form with the required details, like your name and email address. You’ll also need to choose a username and password.
Some crypto casinos only require a username and password, making for anonymous online gambling.
Once you’ve verified your registration, you can log into the casino and get ready to make crypto casino deposits.
Top 3 Cryptos for Casino Deposits
| Rank | Cryptocurrency |
|---|---|
 Bitcoin | The most popular, always accepted. |
 Ethereum | Fast, scalable, popular. |
 Litecoin | Light, fast, secure. |
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Casino Terms and Conditions
Every crypto gambling site comes with its own terms and conditions, especially when it comes to things like deposit limits and bonus terms. We recommend reading over the small print of any casino you want to join, especially when it comes to the bonuses and promotions and minimum deposit requirements.
You’ll typically find the terms and conditions on a dedicated page at the casino, or below each offer. Don’t skip this part. We know it’s tedious, but the terms vary from one casino operator to the next, so you’ll want to go over them to avoid any misunderstandings.
VIP Rewards
Rewarding Offers For Loyal DepositorsBefore you choose a crypto casino, check out its loyalty programme and VIP benefits. Most of these schemes are very similar in that they offer rewards for your crypto deposits and gameplay in the form of points that you can redeem for credits, bonuses and cash.
If you prefer playing with higher stakes, check out the VIP programmes that offer larger crypto bonuses, birthday gifts, exclusive promotions, a VIP manager, invitations to tournaments and a whole host of valuable rewards.
Think of these programmes as the casino’s way of thanking you for depositing and playing on the site regularly.
Pros and Cons of Crypto Deposits
Pros
Cons
The biggest downfall to using cryptocurrency at online casinos is that the crypto market is unregulated in most countries. It’s for this reason that there isn’t much competition, making standards difficult to set. At the moment, both the technology and usage of digital currencies in the online casino realm are impressive, so just imagine what could happen if crypto was to be regulated.
It’s also important to know that once you’ve confirmed your crypto transaction, the funds have left your wallet. So, should there be a problem with the casino, or you enter the wrong wallet address, there’s no way to reverse the charge and get your funds back.
On that note, there are plenty of positives to making crypto deposits at online casinos. For one, players and casinos can be subject to hacking attacks, but this isn’t an issue with cryptocurrencies, since you don’t need to hand over any sensitive information or credit card details. You simply make crypto deposits with your crypto wallet.
We all want to grab bonuses and start playing crypto games as quickly as possible, and crypto casinos allow you to do just that. Deposits tend to be instant or take an hour at most depending on the network, which means you don’t have to miss out on great offers and hot games.
Some games can only be played with cryptocurrencies. These immersive, rewarding games give you the opportunity to wager with your crypto deposits and, if you’re in luck, make some handsome winnings.
Conclusion
Each casino payment method has its own pluses and minuses. Popular methods like e-wallets and cards aren’t declining at all, while most hybrid casinos now offer multiple payment options like credit/debit cards, prepaid cards, e-wallets, mobile payments and crypto deposits.
If you’re a fan of high levels of security, anonymity and reliability, crypto casino payments are the way to go. Do keep in mind, though, that some casinos may exclude crypto deposits from receiving certain bonuses. But don’t stress, there are more than enough crypto gambling platforms that still offer plenty of promotions to stretch your digital currency.
With traditional casino deposit options, you may find you pay certain transaction fees. This isn’t the case with crypto gambling. Popular options like Bitcoin and its counterparts are secure methods of depositing funds on online platforms. While crypto is still in its infancy, we have no doubt that more casinos accepting digital coins will pop up in the very near future, complete with plenty of games, bonuses and rewards for regular players.
All you have to do is pick your favourite site, invest in a cryptocurrency and make effortless, fast crypto deposits to get started.
Lindsay Cormick inspects all ins and outs of using cryptocurrencies at online casino, cryptowallets and exchanges depositing, and more.
