Last Updated on May 27, 2024
All About Crypto Bonuses: What Are They and How to Find The Best Deals
Crypto bonuses are pretty new to the online casino scene, so we’re dedicating this page to helping you understand exactly what they are, how to leverage them, and most importantly—where to find the best crypto bonus deals!
Top 3 Casinos with Crypto Bonus
What is a crypto bonus?
Online casinos run regular promotions that either entice new players to become members (crypto sign up bonus) or encourage existing players to make deposits or play games. A crypto bonus is one that allows players to deposit and profit using their favourite cryptocurrencies, including Bitcoin and Ethereum.
For online casino players that love investing and spending on the blockchain, these bonuses are a match made in heaven.
What currencies can I play with?
The specific currencies that can be used varies between casinos. However, the best cryptocurrency bonus casinos will allow a selection of:
- Bitcoin
- Bitcoin Cash
- Ethereum
- Tether
- Dogecoin
- Litecoin
But as the competition for members becomes ever more fierce, you can expect to see an increasing number of casinos adopting niche coins and, more importantly, potent bonuses.
How do I make deposits using cryptocurrency?
The vast majority of crypto casinos allow users to deposit and withdraw using CoinsPaid, one of the world’s most tested crypto wallets. Say you deposit using BTC: your account will be credited with the equivalent value in fiat currency (EUR, USD, etc). When you make a withdrawal, the same real-time calculation will be made again so you receive your payout in BTC.
Online casinos that accept cryptocurrencies
There are several major brands that not only allow players to deposit using cryptocurrency, but also provide generous bonuses for doing so—as well as occasional crypto bonuses with no deposit!
The Red Lion
New players at the Red Lion Casino can cash in a monstrous 500% up to €500 crypto sign up bonus by depositing using Bitcoin. And of course, once the 40x wagering requirements are cleared, all profits can be withdrawn as Bitcoin too!
Luck of Spins
Using the bonus code CRYPTO, Luck of Spins players can redeem an outstanding bonus every single day: deposit between €50 and €100 to receive a 500% deposit match. The wagering requirements are fixed at 40x, and can only be cleared by playing video slots by EGT, NetEnt, Play’n GO, Pragmatic Play and Amatic. Players have 10 days to complete the bonus and can deposit using any available cryptocurrency.
Damslots
Damslots is one of the hottest new cryptocurrency casinos on the scene. What we love most is that Damslots doesn’t mess around with gimmicks or tricks: they have simply mastered the art of world-class online gaming and bonuses!
Their 500% up to €500 cryptocurrency bonus is a fine example of that. Players deposit using whichever coin they prefer, then use qualifying video slots and RNG table games to clear the 45x wagering requirements. If you get the chance to play at Damslots, it’s not an opportunity you’ll want to miss!
Every single day, players can claim a 500% deposit match up to €500 by depositing at least €25 through cryptocurrency and using the code CRYPTO. Players can overcome the 40x wagering requirements using any RNG table game or slot at the casino.
MyStake
The cryptocurrency bonus at MyStake Casino offers new players up to €1,000 in bonus cash! Players that deposit between €20 and €600 using Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple, Dash, Monero, or Stellar will automatically be awarded 170% of that deposit in bonus cash.
Note that the bonus must be manually activated before you start wagering. The maximum bet is €5 per spin on qualifying games, and the wagering requirements are generously low at 30x. Players have 30 days to overcome the wagering.
Slots Dreamer
Run by the very same operators as Luck of Spins, Slots Dreamer allows new players to cash in the same deal: 500% up to €500 using bonus code CRYPTO. The deal can be used every single day of the year and there is no maximum profit—everything you win is 100% yours to keep.
As with most crypto bonuses, the in-game currency will be fiat: only once you’ve made your profits and decide to withdraw will your funds be converted back to your chosen coin.
Anonym Bet
Launched in 2021, Anonym Bet was one of the first non-GamStop casinos to offer a truly blockbuster crypto bonus, pioneering the 500% up to €500 deal. Players make their deposit using CoinsPaid, and the casino already accepts a number of high-profile coins.
We love Anonym Bet because beyond their commitment to crypto bonuses, they offer a truly world-class gaming experience. From the games to banking, support to navigation, there is nothing we don’t love about playing here! If you’re keen to cash in your own cryptocurrency bonus, you can’t do much better than Anonym Bet!
What are Bitcoin casinos?
Bitcoin casinos are the catch-all name given to online casinos that specialise (and sometimes exclusively operate with) Bitcoin and cryptocurrencies. At these casinos it’s common for credit cards and e-wallets to take a back seat and for extremely generous crypto bonuses to take centre stage.
Different types of crypto casino bonus
The vast majority of crypto bonuses fall into 3 categories:
- Crypto sign up bonus—Usually as a new player casinos will offer you additional funds as a reward for joining up. it is also called a “Welcome Bonus“. For example, a 100% deposit match up to 1 BTC. This means that if you were to deposit one bitcoin, you’d receive the equivalent of two bitcoins in your wallet. This can be a fantastic way to level up your profits as a new player.
- No deposit bonus—This is the ultimate deal to entice new players: don’t deposit anything and we’ll give your cryptocurrency for free: either in the form of free spins (your winnings can be paid in BTC) or cash to wager at the casino. They come with literally zero risk and you often don’t even need to provide your bank details.
- Free spins—Free spins are probably the most popular of all online casino bonuses. You’ll get to play a game 100% for free (sometimes with hundreds of spins) and, if you then overcome the wagering requirements, keep 100% of the profit for yourself.
- Matched Bonuses – A match bonus is a form of reward given by online casinos to players who make deposits into their accounts. These bonuses typically match the amount of the deposit up to a specified percentage. These bonuses can help you raise your bankroll and increase your chances of winning. Many online crypto casino platforms provide a matching deposit bonus – mainly to new players but also to existing ones.
- Cashback Bonus – These bonuses allow you to win extra cash while playing your favourite casino games. The casino cashback bonus reimburses you for a percentage of your losses up to a predetermined sum. This means that even if your luck runs out, you can still get some of your money back. Many cryptocurrency casinos provide cashback programmes. Some platforms provide this as a welcome package, with cashback available for a set number of hours or days. As part of their VIP programme, several casinos provide weekly rebates.
The Best UK Nonstop Casinos
FAQ
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How do I find the best crypto sign up bonus?
You stay right here on our site! We regularly comb all new and established crypto casinos to see which are offering the most lucrative deals—with the smallest wagering requirements—for our players.
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Do all casinos have crypto welcome bonuses?
Unfortunately not…yet! Crypto bonuses are still pretty rare, but that’s only because the popularity of cryptocurrency itself is new. We’re expecting to see more and more crypto sign up bonuses in the near future!
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Are there any downsides to getting a crypto bonus?
Unless you strongly prefer depositing with fiat currency, then no, there’s no downside. Payments are still instant and you’ll use an independent and reliable payment processor (usually CoinsPaid) to conduct the transaction, ensuring you get a 100% reliable rate.
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What payment methods can I use to deposit with Bitcoin?
At most crypto casinos this will be CoinsPaid. You’ll select the amount of Bitcoin and the wallet will automatically exchange this to your in-game currency (EUR, USD, GBP etc) in real-time.
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Are Bitcoin casino bonuses legal?
Absolutely. Just like how bonuses for depositing with EUR or GBP are legal (and hugely rewarding for players) it’s the exact same thing with Bitcoin casino bonuses.
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How do crypto free spins work?
You’ll usually unlock a set of free spins either from making a deposit or as a no deposit bonus. These will have an equivalent value in both crypto and fiat currencies, meaning that in the casino you might wager with EUR, but when withdrawing you’ll exchange to BTC.
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Can I deposit in GBP or EUR but withdraw using crypto?
Unfortunately not. As is the case with all online casino withdrawals, you’ll need to withdraw using the same currency as your initial deposit.
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How do I join a Bitcoin casino?
The process is exactly the same as a normal online casino: hit the “sign up” or “register” button on the homepage and follow the on-screen instructions. You’ll need to share some personal information (name, email, etc) and will be guided on how to make your first crypto deposit, access games, and withdraw any winnings.