Best Crypto Bonus

Cryptocurrency has spread like wildfire throughout the world as of recently. If you still haven’t heard of the new digital currencies, it’s time to get up to date. A lot of gamblers are already using digital currencies to facilitate their online gambling. There are many advantages to crypto gambling, and we will cover some of those on this page. We’re also going to teach you how to find the best crypto casino bonus, together with the ones we’ve already reviewed and found for you. Let’s get started! Read More

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Advantages of playing with Crypto over FIAT

Gambling with cryptocurrencies has rapidly grown in popularity. More and more players are leaving their national market to play on crypto casinos. One reason as to why people like crypto casinos is because of the lucrative bonuses and benefits you get as a player. They are known to have great offers. We showcase plenty of examples in our list of the best crypto casinos.

It is no secret that bonuses and rewards are both bigger and better in crypto casinos. Traditional online casinos are getting more and more regulated every day. Several national markets have been stripped entirely of gifting players rewards or offers on deposit. This is where crypto casinos show their importance. They choose their own license, which allows them to reward their players. You as a player can play anywhere, however there might be tax implications depending on where you live. If you are within the EU, you do best by sticking to casinos with gambling licenses from a country within the EU. This will make all your winnings tax-free.

On crypto casinos you can expect to have access to a general cashback system. This is something that is rather rare to see on traditional online casinos, but more common on crypto sites. It works by simply giving back a certain percentage of a players losses to the player. In most cases between 10-20%. This is a big deal for a player, since it writes off a big chunk of the losses and gets added back in cash.

Gambling with Crypto – Four big advantages

1. Decentralization

One of the best advantages with digital cryptocurrencies is the fact that they are decentralized. This means that there is no one with more power than the next person in line. No matter the circumstances. A centralized entity would be the government or your bank in comparison to FIAT currencies. You can maintain your identity and privacy while no one can block or freeze your assets. You can transfer funds without the need of a third party facilitating your payment. After all it is supposed to be your funds, not the bank or government.

2. Transaction Fees

Another unique advantage when playing with cryptocurrencies is that you can forget about transaction costs. The only fee you will ever have to pay in order to send money somewhere, is the blockchain network fee. All the intermediary payment companies are non existent, meaning no extra costs. The network fee while sending bitcoin, regardless of the amount, is $2 at the time of writing.

Many e-commerce companies make money everytime you make a deposit or withdrawal. Fortunately, a blockchain transaction is both cheaper and much safer than the traditional payment methods used. Additionally, the size of the transaction doesn’t matter when using blockchain. If you wanted to, you could make a multimillion dollar transaction with unbeatable security for a single digit fee. This is not even close to being possible with FIAT currencies.

3. Anonymity

Bitcoin and most other cryptocurrencies are pseudonymous. Any personal data is hidden. When using bitcoin, you get a private wallet address made of random letters and numbers. While every transaction is visible to everyone, there is no data to be extracted. Except the amount transferred and the involved addresses. Hence, you can play on your favorite crypto casino without having to disclose any personal information. Of course, you might be required to undergo KYC, but this is rather rare for most crypto casinos. Transactions made on the blockchain will never be recorded on your credit card or bank statement, unless you provide them yourself.

4. Crypto is a global payment solution.

Crypto aim to achieve a worldwide payment system that works on a peer to peer basis. A system for monetary transactions, without the involvement from a bank or a government. No one can print bitcoins as the governments keep printing FIAT currencies. There are only a limited amount of bitcoins. No matter what country you reside in, the rules are the same. Blockchain operates on a global scale. With minimal fees and zero interest of your personal and financial data.

Why are there bigger bonuses and offers on crypto casinos?

You might wonder why crypto casinos have bigger and better offers than traditional online casinos. The answer is quite simple. The crypto market is growing insanely fast and is adopting all over the world. We’ve even seen entire countries declaring Bitcoin as legal tender. Cryptocurrencies have only just begun its journey. Still, both the money and amount of people flowing into the market is absolutely bonkers. As the crypto market flourish, together with the crypto casinos, it is only normal to see generous rewards and bonuses. As mentioned before, bonuses are a means of getting players to visit a site. Naturally crypto casinos establishes a growing community and a good reputation. Because of the amount of both players and money coming through the blockchain, generous offers and rewards are a given. Bigger bonuses has made BTC casinos so popular today.

Different types of crypto casino bonus

If you’ve played online casinos before, you are probably aware of the different types of bonuses available. In this section, we’re going to mention all of the various kinds and their respective rules and functions. It is important to read through the terms and conditions for each bonus you want to use. There can be hidden rules which make the bonus less appealing. Conditions that are difficult to meet. Crypto bonuses however, usually have less wagering requirement. Another good thing is the possibility of a max cashout amount, but more on this later. Let’s start by going over the different types of bonuses out there.

Matching Deposit Bonus

A matching deposit offer is the most common type of crypto casino bonus that you will encounter. It is a match percentage based bonus, meaning the bonus amount depends on your deposit. As an example, you can get offered a 100% matching deposit bonus up to $500. This means that you can get an additional 100% on your deposit, up to a maximum amount of $500.

No-Deposit Bonus

A No-Deposit bonus is probably the most sought after crypto casino bonus on the market. Just like the name hints, it is a bonus where you don’t actually have to make a deposit. Instead, after you’ve created your account, you get credited with bonus cash. You can use this to try the casino. If you manage to complete the wager the money is yours to keep. There is often a max cashout amount affiliated with No-deposit bonuses.

Free Spins

Free Spins is another popular bonus form that online casinos offer their players. Instead of giving you a set amount of cash locked behind wagering requirements, you get free spins. Usually you can find the free spins in a predetermined game by the casino. In a few occasions however, the free bonus is available in several games. There are wagering requirements to free spins, but these apply to the amount you win from your spins. If you were to win $100, your wagering requirement would be ten times bigger than if you were to finish your free rounds with $10.

Wager-free bonuses

Most of the offers you will encounter will have wagering requirements. This locks your bonus balance from withdrawal, until you’ve completed the turnover requirement. Normal requirements are 30-40 times your bonus. You do not have to worry about that when having a wager-free bonus. These bonuses and no-deposit bonuses, are usually the most sought after bonuses a crypto casino can offer.

Reload Bonuses

Reload bonuses are like the extra bonus you get if you want to continue playing. It works in the same way as a matching deposit bonus, but is usually a lot smaller. Instead of getting hundreds of percent extra on your deposit, you might get a 50 or 80 percent top up.

Loyalty Programmes

One of our favourite things about crypto casinos is their generous loyalty rewards. It is common for crypto casinos to give all of their players a decent cashback on their losses. However, the cashback is not the only benefit when playing at a specific casino. Being loyal to a certain site comes with tons of perks, depending on the loyalty program on said site. But it is generally very generous. These new crypto casinos want their players to stick around. Not lose them to the lucrative casino next door. To make them stay, they give their players loyalty rewards.

These rewards come in different shapes, some being level-up systems and others being wagering systems. In the end, it all depends on your wagering when it comes to your loyalty rewards. If you’re a highroller, you can expect some really big payouts from the casino. On some sites you get raw cash as a reward. Others gives you credits which you can use however you’d like, from free spins to bonuses.

Crypto Casino Bonus Requirements and Wagers

One of the most important things before using bonuses and offers on Bitcoin Casino is to read the terms and conditions. The wagering requirement will differ depending on what casino you play on.
The entire thing is recommended to take a look at. Make sure there is no maximum cashout or strange rules you would like to avoid. Let’s take a closer look on how the wagering works.

Wagering Requirement

Wagering requirement is the amount of times you need to wager your bonus before a withdrawal is possible. The requirement is usually 30 or 40 times your bonus, or sometimes both your bonus and deposit. Make sure if the wagering requirement includes both the deposit and the bonus, or only the bonus. This makes a big difference on how much you need to wager. Let’s look at two examples.

100% bonus up to $500 with 40x wagering requirement.

Let’s pretend you deposit $500 to get the full bonus. In this instance you would need to wager 500×40=20,000 in order to be able to withdraw your bonus funds.

100% bonus up to $500 with 40x wagering requirement on both bonus and deposit.

Now you need to wager the full deposit and bonus which is $1000 in total. 1000×40=40,000. Reading the terms and conditions before activating a bonus is very important, as you clearly can see in these examples.

More Crypto Bonuses

Are you looking for more generous bonuses to take advantage of with your Crypto? Then you have definitely come to the right place. We have created a list of the best deals from the best Crypto Casinos that can be found online. All sites have received good ratings from our testers, where they try out the casino and rate it according to various factors such as game collection, design, offers & bonuses, customer support, and more.

How do we rate online crypto casinos?

We have a complete list of online crypto casinos that we think are the best current choices on the market. Our team has analysed hundreds if not thousands of online casinos over the years. As a result, we know all the possible tricks an online casino can pull on their players. We’ve learned that it is important to look at what’s being delivered by the site. Not only their promises.

Another thing to note is that hidden advertising has become a lot worse over the years. Casinos pay sites in order to get a good ranking or a positive review. This is something we would never consider to do. With that being said, be careful when you read reviews and always use two sources. Let’s dive in to things to be aware of when visiting a new online crypto casino, like an ETH Casino.

Security, licensing and provably fair odds

Crypto casinos are still a relatively new phenomenon to the gambling market. Therefore, it is even more important to do your research before making a deposit to a site. By utilising the blockchain, crypto casinos are known to be much more secure than a traditional online casino. However, that does not mean that every crypto casino is safe. There will always be bad actors out there trying to trick people in some way or another. For a crypto casino to be considered trustworthy in our eyes, they must have a proper gambling license and security measures in place. Gambling licenses are distributed by different authorities all over the world. They all have different rules, some more strict than others, nevertheless it helps with placing responsibility where it is due. Malta, UK and Curacao have some of the more famous gambling authourites in the world.

We recommend that you never stray outside of the casinos regulated by gambling licenses. It is hard to hold someone responsible and there is nothing to ensure you are given fair odds in any query.
When an MGA Casino Online is reviewed by HotCryptoCasinos, the first thing we do is to verify the site’s gambling license. Is the license indeed valid? The authourity who issued it has to confirm that to us. We make sure that all the personal details of players are encrypted with at least SSL 128-bit encryption. Another big part of our analysis happen in the cashier. What payment methods are available? Do deposits and withdrawals run smooth with safety measures in place, such as 2 factor authentication?

Bonuses and Promotions

Of course, bonuses and promotions is one of the main things we look at when we rank an online crypto casino. The players like to use bonuses and promotions offered to them, no questions about that. When using a bonus, you have the chance to prolong your gambling session. Enjoy higher stakes when having more to play for is a possibility as well. Generally speaking, crypto casinos are usually held to a higher standard than traditional online casinos. Especially when it comes to bonuses and offers to the players. That’s why we try our utmost to only list the best ones we can find. Bonuses which are worth your time. Additionally, you can sometimes get an exclusive bonus, just because you are a reader from our site.

We try to get some exclusive crypto casino bonus deals for our readers from time to time. If you’re lucky you might get an extra-extra big bonus from our list!

Accepted Cryptocurrencies

The last thing we look at is which currencies are accepted and supported. There is a wide audience with tons of different cryptocurrencies that they want to play with. Therefore, it is important that the casino supports as many options as possible. We love to see many different currencies accepted for both deposits and withdrawals.

Crypto Wallets

In order to get started with cryptocurrencies, the first thing you will need is to create a wallet. This secure wallet will be used to store your funds and make transactions with. There are many crypto wallets to choose from, hence it’s important to pick a reliable one. Make sure the wallet supports two factor authentication, as this makes it difficult for hackers to breach it. Fact is that most don’t even try when they see that you need authentication from a mobile phone. The most important thing however, is to never reveal your seed phrase or keywords to anyone! Store these somewhere safe, and not digitally. The seed phrase or keywords are used to gain full control over your wallet, in case you’ve lost access.

There are three different kinds of wallets you can choose from. These are software, local, and hardware wallets. Software wallets let you interact with the wallet through a normal web browser. Local wallets are accessed through a downloadable client stored on a computer or phone. Hardware wallets are physical wallets and the most safe option for storage.

Good Luck!

Now you’ve got everything you need to get started with cryptocurrency gambling! It may seem complex at first, but it gets easier with time. Always keep your crypto private and in a secure wallet. Thank you for reading our guide to the best crypto casino bonus, and good luck!

Frequently asked questions