Getting Started at Crypto Casinos

Michelle Tan
Article written by Updated
ℹ️ Affiliate Disclosure

We may earn a commission when you use our “Claim” buttons, but this does not affect our reviews or rankings. See our Affiliate Disclosure for details.
⚖️ Our Editorial Independence

We operate as an independent comparison and review platform. Casinos are assessed using consistent, objective criteria and held to the same high standards. Our evaluations are always guided by what benefits players most, and access to our content is completely free for all users.
Getting Started at Crypto Casinos

Crypto casinos let you gamble with Bitcoin, Ethereum, and other cryptocurrencies. They offer faster payouts, more privacy, and games you won't find at traditional sites.

But they also add complexity. You need a wallet. You need to understand blockchain networks well enough to avoid costly mistakes. And you need to spot scams in a space with lighter regulation.

This guide walks you through the full process: getting set up, choosing a legitimate casino, making your first deposit, understanding the terms, and withdrawing winnings. Where you need more depth, we link to specialist guides.

What You Need Before You Start

You don't need to be a blockchain expert to play at cryptocurrency casinos. But you do need a few basics in place.

Before you begin, make sure you have:

  1. A basic understanding of what cryptocurrency is and how it works
  2. A crypto wallet you control (not just an exchange account)
  3. Cryptocurrency to deposit
  4. A device with a secure internet connection
  5. Time to research casinos before committing funds

If terms like "wallet," "blockchain," or "private key" mean nothing to you, start with our cryptocurrency fundamentals guide first. Rushing in without that foundation is how beginners make expensive mistakes.

Already comfortable with crypto basics? You're ready to move on.

Setting Up Your Crypto

If you already hold crypto in a personal wallet, skip to the next section. If not, here's what the setup process looks like:

Step 1: Get a wallet. You need a crypto wallet you control. This is where you'll send funds before depositing to a casino, and where you'll receive withdrawals. Exchange accounts (Coinbase, Kraken, Binance) aren't suitable for gambling, casinos may refuse transactions from them, and exchanges may freeze your account for gambling activity.

Step 2: Buy cryptocurrency. Purchase crypto through an exchange, then transfer it to your personal wallet. Most exchanges require identity verification, so allow time for this.

Step 3: Transfer to your wallet. Move your crypto from the exchange to your personal wallet. Only gamble with funds in a wallet you fully control.

The details matter here, and mistakes can be permanent. Our specialist guides cover each step properly.

Choosing a Wallet

Your wallet stores the private keys that control your crypto. For casino gambling, a hot wallet (software-based, connected to the internet) is practical for the amounts you'll be depositing and withdrawing.

Hardware wallets offer stronger security but add friction. Most players use a hot wallet for gambling funds and keep larger holdings elsewhere.

Acquiring Cryptocurrency

You'll buy crypto through an exchange, then transfer it to your wallet. The main decision is which cryptocurrency to use.

Bitcoin is accepted everywhere but has higher fees and slower confirmations. Litecoin and Solana offer speed and low fees. USDT and other stablecoins avoid price volatility. Your balance won't swing while you play.

For detailed guidance on purchasing, see Buying Crypto for Beginners.

Choosing a Legitimate Crypto Casino

Scams are the biggest risk for beginners. Before you deposit anything, you need to verify the casino is legitimate.

Crypto transactions are irreversible. There's no bank to dispute charges, no credit card company to issue a chargeback. Send funds to a scam casino and they're gone.

Before depositing, verify these basics:

Trust your instincts. If a casino is pushing you to deposit quickly, offering bonuses that seem too generous, or making promises that sound too good, they probably are.

If you'd rather start with casinos we've already vetted, our curated lists filter by what matters to you:

Verifying Casino Licensing

Most crypto casinos hold offshore licences from jurisdictions like Curaçao, Anjouan, or Costa Rica. Some hold licences from stricter regulators like the Malta Gaming Authority or the Gibraltar Betting and Gaming Association.

A licence is better than no licence. But be realistic about what it means. Offshore regulators provide limited recourse if a casino refuses to pay. They're not equivalent to the consumer protections you'd get from a UK or EU-licensed operator.

To verify a licence:

  1. Find the licence information on the casino's website (usually in the footer).
  2. Note the licence number and issuing authority.
  3. Visit the regulator's official website and search their licence registry.
  4. Confirm the licence is active and matches the casino's details.

If a casino claims to be licensed but you can't verify it independently, treat that as a red flag.

Recognising Red Flags

Some warning signs should stop you depositing entirely:

Making Your First Deposit

This is where beginners lose money through technical errors. Crypto deposits are irreversible. Send funds to the wrong address or select the wrong network and they're gone permanently.

Take your time. Double-check everything. Consider a small test transaction first.

Step 1: Log into your casino account and navigate to the deposit section.

Step 2: Select your cryptocurrency. Choose the same currency you hold in your wallet. If you have Bitcoin, select Bitcoin. This sounds obvious, but mismatches happen.

Step 3: Select the correct network. This is critical. Many cryptocurrencies operate on multiple networks. The casino will show you which network to use, match it exactly in your wallet when sending. More on this below.

Step 4: Copy the deposit address. The casino will display a wallet address (a long string of letters and numbers). Copy it exactly. Don't type it manually, one wrong character sends your funds somewhere unrecoverable.

Step 5: Send a small test amount first. Before depositing your full amount, send a minimal transaction to confirm everything works. Wait for it to arrive. This small precaution can save you from a costly mistake.

Step 6: Send your deposit and wait for confirmation. Confirmation times vary by cryptocurrency. Bitcoin may take 10–60 minutes, while Litecoin or Solana often confirm in seconds. The casino will show your balance once the transaction is confirmed on the blockchain.

Why Network Selection Matters

This is the single most common way beginners lose funds permanently.

Many cryptocurrencies can be sent across different blockchain networks. Ethereum, for example, can travel on the Ethereum mainnet (ERC-20), the Tron network (TRC-20), BNB Smart Chain (BEP-20), and others. USDT exists on even more networks.

Here's the problem: if you send crypto on one network to an address expecting a different network, the funds typically vanish. They're not returned. They're not recoverable. They're gone.

To avoid this:

  1. Check which network the casino expects. This is displayed when you generate a deposit address.
  2. In your wallet, select the same network when sending.
  3. If you're unsure, don't guess. Check the casino's FAQ or contact support.

The address might look correct. The currency might be correct. But if the network doesn't match, the transaction fails permanently.

Understanding Casino Terms Before You Play

Casino bonuses look generous until you read the terms. Before you claim anything or start playing, understand what you're agreeing to.

Every bonus comes with conditions. These aren't hidden, they're in the terms and conditions, but most players don't read them. Then they're surprised when they can't withdraw.

Key terms to check before claiming any bonus:

None of this means bonuses are worthless. But they're not free money either. Know the terms before you decide.

Wagering Requirements Explained Simply

Wagering requirements confuse most beginners. Here's how they actually work.

Say a casino offers a 100% match bonus up to $100. You deposit $100, they add $100 in bonus funds. Sounds good.

But there's a 40x wagering requirement on the bonus. That means you must place $4,000 in total bets before you can withdraw anything won from those bonus funds.

Is that realistic? It depends on the games you play and their house edge. At a 96% RTP (return to player), you'd expect to lose around 4% of every dollar wagered. Over $4,000 in bets, that's roughly $160 in expected losses, more than the bonus was worth.

This doesn't mean never take bonuses. Lower wagering requirements (20x–30x), longer time limits, and higher bet limits improve your chances. But understand that most bonuses favour the casino mathematically.

When in doubt, calculate before you claim.

Playing Responsibly from Day One

Gambling is entertainment, not income. The maths always favors the house long-term. Accepting this upfront makes everything else easier.

Crypto casinos can make responsible gambling harder, not easier. Deposits are instant. There's no bank processing delay to create a pause. Prices are in crypto, which can feel like play money. And the casinos are available around the clock, from anywhere.

Build good habits before you need them:

If gambling stops being fun, or you find yourself betting more than you planned, that's a warning sign.

Withdrawing Your Winnings

You've won. Now you want your money. Here's how the withdrawal process typically works:

Step 1: Navigate to the withdrawal section. Find the cashier or banking area in your casino account.

Step 2: Select your cryptocurrency and enter the amount. Choose the same crypto you deposited, or another option if the casino supports it. Check for minimum withdrawal amounts, many casinos require at least $20–$50.

Step 3: Enter your wallet address and select the correct network. The same rules apply as deposits. Copy-paste the address from your wallet. Match the network exactly. Triple-check before confirming.

Step 4: Wait for processing. Some casinos process withdrawals instantly. Others have manual review periods of 24–72 hours. Your first withdrawal often takes longer as the casino verifies your account.

Step 5: Confirm receipt in your wallet. Once processed, the transaction goes to the blockchain. Confirmation time depends on the cryptocurrency and network congestion.

What Can Delay Withdrawals

Not every withdrawal is instant. Here's what can slow things down:

None of this means something is wrong. But knowing what to expect helps you avoid unnecessary worry and spot genuine red flags if a casino stalls without explanation.

Common Beginner Mistakes to Avoid

Most costly errors are preventable. Here's what trips up beginners and how to avoid it:

Every mistake on this list has cost someone real money. Don't let it be you.

FAQ

It depends where you live. Most crypto casinos operate under offshore licences and accept players from many countries, but local laws vary. In the US, for example, online gambling regulations differ by state, and crypto adds further ambiguity. You're responsible for knowing the laws in your jurisdiction. .

In most jurisdictions, yes. Gambling winnings are typically taxable income, and using cryptocurrency doesn't change that. In the US, you're required to report gambling winnings on your tax return. The fact that crypto casinos don't report to tax authorities doesn't remove your obligation. Keep records of your deposits, withdrawals, and wins. Consult a tax professional if you're unsure how local laws apply to you.

Many crypto casinos accept US players, though some exclude certain states. However, operating in a legal gray area means fewer consumer protections if something goes wrong. Check each casino's terms for geographic restrictions before registering.

Your options are limited. Offshore licences provide minimal enforcement, and crypto transactions can't be reversed. You can file a complaint with the licensing authority, post on player forums to warn others, or seek mediation through third-party dispute services, but recovery is unlikely. This is why researching casinos thoroughly before depositing matters so much.

Some players use VPNs for privacy, but most casinos prohibit them in their terms and conditions. If caught, you risk account closure and forfeited funds. Some casinos are more tolerant than others.

Michelle Tan

Michelle Tan

[email protected]

Michelle Tan is a former financial and fintech writer who now focuses exclusively on reviewing crypto casinos for US players. She brings a journalist's skepticism to every review, digging into withdrawal speeds, provably fair mechanics, and licensing transparency rather than repackaging what operators say about themselves.