Crypto Casinos 2021 - Your Guide to Crypto Gambling
Vienne Garcia| Crypto Casino Facts | |
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| Most important cryptocurrency: | Bitcoin |
| Cryptocurrencies available: | >1.000 |
| Best crypto bonus: | 5 BTC at mBit Casino |
| Best crypto casino: | 20bet Casino |
| Best crypto livecasino: | Bitcasino.io |
Cryptocurrencies have been around for a while. It started in 2009 when Bitcoin came into being. In those days, it was still largely viewed as a geeks’ project. Things have come a long way since then.
Over the years, even investment banks have jumped onto the crypto bandwagon. True, there has been a lot of speculation with massive fluctuations in prices, but it looks like these digital assets are here to stay. Increasingly, more people and businesses are accepting payments made in Bitcoin and other cryptocurrencies. And of course, online casinos are no exception.
The crypto gambling landscape is still relatively new and lots of players have questions. That’s why we put together this page on Casino.Guide to talk about crypto casinos in detail on this page, as well as important things you need to know when it comes to gambling with cryptocurrencies.
Table of Content
Cryptocurrencies in Online Casinos
There are more and more online casinos accepting cryptocurrencies for banking. It’s faster than bank transfers since there are no processing times. In the case of Canada, digital currencies can really fill in a gap. All the big banks like CIBC and TD don’t accept payments from online casinos, which means using a cryptocurrency can be an efficient workaround.
Largely speaking, there are two kinds of crypto casinos:
- Pure crypto casinos – casinos that only bank with crypto currencies
- Casinos that accept crypto – online casinos that accept crypto in addition to more traditional payment methods.
Top Pure Crypto Casinos
Pure crypto casinos are online casinos that only accept payments made with cryptocurrencies. There are no options to use Interac or to pay with Canadian dollars (or any other fiat currency) through e-wallets.
mBit was launched in 2013 and was one of the first casinos to bank with cryptocurrencies. The casino is based in Curacao and is part of the Direx NV group. Players here can enjoy around 900 games, including slots and live casino.
Accepted cryptocurrencies: Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Dogecoin (DOGE) and Litecoin (LTC).
Although Roobet doesn’t offer a welcome bonus, it does have an excellent VIP programme with exclusive bonuses, special promotions, and VIP events. This crypto casino has been around since 2019 and carries around a thousand games from first class providers such as NetEnt, Yggdrasil and Play ‘n Go.
Accepted cryptocurrencies: Bitcoin (BTC), Litecoin (LTC) and Ethereum (ETH).
With more than 3,200 games, Bitcasino.io offers one of the most extensive gaming portfolios with titles from providers like Quickspin, Microgaming, Evolution and more. Again, although there isn’t a welcome bonus, there is an excellent VIP programme. Plus plenty of promos like raffles and tournaments with cash pools and prizes paid in mBTC!
Accepted cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tether (USDT), Tron (TRX) and Cardano (ADA).
Stake Casino offers more than 1,200 games from established providers as well as their own exclusive games. In addition to casino games, Stake also has a crypto sportsbook covering all the usual markets.
Again, there are plenty of promotions with prize pools and Drops & Wins.
Accepted cryptocurrencies: Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), Tron (TRX) and EOS.
Bitstarz has been around since 2014 and is part of the Dama NV group. Although it started as a pure crypto casino, it now also accepts the CAD and other fiat currencies.
Accepted cryptocurrencies: Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE) and Tether (USDT).
Casinos with Cryptocurrencies as a Payment Method
As cryptocurrencies move into the mainstream, an increasing number of online casinos have added the option to bank in crypto in addition to fiat currencies like the Canadian dollar. In terms of crypto, most of these casinos will take BTC, ETH and LTC. Generally, the advantage with these casinos is that you get more flexibility with your banking options. If for whatever reason you want to save your crypto – or cash in on crazy market prices, then you can easily switch to paying in fiat without interrupting your casino play.
Top Casinos with Crypto & Other Currencies – Ranking 2021
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 | 95% Excellent | $180+ 120 Free Spins | visit 20Bet CasinoRead Review | |
 | 93% Outstanding | $1,500+ 100 Free Spins | visit Spin AwayRead Review | |
| 92% Outstanding | $400 or 1 BTC+ 180 Free Spins | visit BitStarz CasinoRead Review | |
 | 92% Outstanding | $500+ 100 Free Spins | visit PlayAmoRead Review | |
 | 92% Outstanding | $300+ 200 Free Spins | visit Woo CasinoRead Review | |
 | 92% Outstanding | $500+ 100 Free Spins | visit Lucky DaysRead Review |
20Bet: Launched in 2020, the website was designed with the latest technologies right from the start. It understands cryptocurrencies as part of the future and has implemented crypto payments into its banking along with fiat.
BTC, ETH and LTC are right there along with Interac.
Spin Away Casino is known for its great game collection. In terms of cryptocurrencies, they accept BTC, BTH, LTC and Ripple XRP. The casino has also accepted crypto credit cards for some time now.
Crypto wallets that offer Visa credit cards include Binance and Coinbase.
Playamo has more than 3,000 games, with plenty of slots – including special Bitcoin games and live games. The casino accepts BTC, BTH, LTC, ETH, USDT and DOGE. Cashout requests are processed within 12 hours.
Woo Casino was launched in 2020, which means that it was born with digital currencies in mind. It accepts BTC, BTH, LTC, ETH, USDT and DOGE. Lots of promotions, including Drop & Wins, casino races, and a weekly lottery. No upper limit on cryptocurrency deposits.
Lucky Days is an awesome casino site with more than 2,000 games. Cryptos accepted here include BTC, BTH, LTC, and XRP Ripple. Big welcome package for new players too.
Pros and Cons of Crypto Gambling
Graphic shows pros & cons of crypto gamblingMoreLess
Advantages to using Cryptocurrencies at Online Casinos
Digital, decentralized currencies are the future and forward looking casinos are accepting them for banking purposes. If you’re wondering why you should use crypto instead of the good old Canadian dollar, here are some key benefits:
- High rollers in particular will enjoy the higher deposit limits. At some casinos there is no maximum deposit limit when paying with crypto.
- Since it’s a digital currency, transactions are real time. Of course, cryptocurrencies are also famous for their high level of security and anonymity. Although you should remember that while your payment is anonymous, you still have to verify your casino account in order to be paid.
- Whereas Mastercard and some Canadian banks won’t accept payments from online casino, this is absolutely not a concern when you’re banking with crypto. Use it for both deposits and cashout without batting an eye.
Disadvantages to using Cryptocurrencies at Online Casinos
Although crypto is becoming more widely accepted, it’s still not the norm yet. And being an early adopter does come with some disadvantages. If you’re planning to use your digital assets at an online casino, here are a few things to watch out for:
- There are hundreds of cryptocurrencies and altcoins out there, but only the major ones like Bitcoin, Ethereum and Litecoin are accepted at most places. Even then, you will find that not many online casinos accept cryptocurrency payments.
- Although most casinos will not charge you any fees for banking in crypto, crypto wallets are known for their transaction fees. These can add up if you’re doing frequent transactions.
- If you’re into crypto, you probably know exchange rates are everything. These can change and depending on which way the wind blows, it can affect the actual cost of your deposit both positively and negatively.
- Last but not least, deposits made in crypto are ineligible for the welcome bonus at many online casinos. One exception is Lucky Days.
mbit Casino offers a welcome bonus up to 5 BTC - » Learn more hereMoreLess
How to Pay with Crypto at a Casino
Although not every casino will let you bank with crypto, it’s not as hard to use your tokens at a casino. Largely speaking, there are two ways to use cryptocurrency at a casino site:
- Using an e-wallet such as Skrill or Neteller, change your cryptocurrency into Canadian dollars, then bank with this amount.
- Choose a casino that accepts crypto. These will let you make transactions with your crypto-wallet, like Coinbase or Binance.
If you are opt for the latter, then once you’re logged into your casino account, add BTC or whichever currency you want to bank in as your payment method. The casino will give you a special address that you can then paste into your wallet. Confirm the amount, send and it’s done!
The address generated by the casino is always specific for that cryptocurrency. That means if you said you want to pay with Bitcoin, make sure you send Bitcoin from your wallet. If you change your mind and want to pay with Ethereum instead, it will be another address and you should go back into your casino account’s Cashier to re-enter your payment info.
The Expert Conclusion on Crypto Casinos
Once seen as a fringe money experiment, cryptocurrencies have become part of the mainstream in the last few years. We’re seeing more casinos accept crypto, but it’s still not standard practice yet.
If you’re looking to use your digital currencies at an online casino, there are no extra charges on the casino’s side. But do remember that crypto-wallets have transaction costs and exchange rates between a crypto and fiat can fluctuate. When properly monitored, exchange rates can work to your advantage, but it can also lead to disappointments when not.
Finally, it’s absolutely critical that you choose a reputable and licensed cryptocasino. With the crypto exploding, there are lots of scams and rip offs. The crypto casino sites listed on this page are all legal and safe places to play.
I’ve been working in the online casino landscape in Malta for more than 10 years and have seen how the industry works from customer service roles to the backend of the business. While I am lucky enough to call myself a native on the sunny island called Malta, I also enjoy travelling and have travelled across Canada! After wandering through the great white north, I have decided to share my knowledge and now work with Canadian players to compile accurate casino reviews to help players navigate through the hundreds of gaming sites online.