With the development of modern technologies, cryptocurrencies have established themselves as one of the most popular means of payment. They are an excellent alternative to the so-called traditional ways of conducting monetary transactions. Not surprisingly, digital coins have become actively used in the online gambling industry. Currently, more and more operators working in Australia are being approved as crypto casinos. Let’s understand what it is and what are the advantages of such sites.
Explaining the Essence of Crypto Casinos
In essence, crypto casinos are not different from traditional gambling sites. They organize their work in the same way, but they actively offer their customers to use digital coins. Here’s where it comes into play:
- Games. Often gambling operators create a section of crypto games in the lobby, in which users can bet with ETH, XRP, BTC or other coins;
- Payments. Cryptocurrencies are widely represented in the list of payment methods. Many casinos also provide an opportunity to purchase digital coins without leaving the site. Say, BC.Game cooperates with Moonpay, giving its customers access to the functionality of buying digital assets on this exchange;
- Bonuses. Some operators offer bonuses for those players who use cryptocurrency. Many sites have Welcome Bonuses for both old-school gamblers and those using digital coins.
It is important to note that the transfer of funds to crypto online casino sites is carried out both directly from users’ wallets and through providers. In Australia, gambling operators actively use the services of one such provider, CoinsPaid, to conduct secure transactions in BTC, ETH, LTC, DOGE, XRP and USDT.
Advantages of Transactions with Digital Assets
It’s no coincidence that cryptocurrencies have become one of the world’s rapidly gaining popularity as a payment method. Their use on online casino sites has many advantages. Here are the key ones:
- Anonymity. Cryptocurrency transactions do not require personal information, unlike, say, bank cards. This is a significant advantage for players who don’t want to share their bank details with a gambling site;
- Low fees. Usually, when applying digital coins in online casinos, fees are very low, and most often there are none at all;
- Quickness. On the speed of transactions (including the withdrawal of winnings) to argue with cryptocurrencies can only electronic wallets;
- Security. Crypto wallets are reliably protected from hacking, and all transactions are encrypted in the blockchain — fraudsters will not gain access to your funds;
- Large selection. Currently, there are hundreds of digital coins in the world, and their number is increasing. Thus, players have a wide range of options to transfer funds comfortably and safely.
Now you can understand why thousands of players use digital coins as a payment tool on online casino sites.
Factors to be Aware of
Using digital coins in online casinos can also involve some risks. Take them into account when planning your gambling activities:
- Volatility. Cryptocurrency prices can fluctuate wildly, so check the value of the coin before making a deposit so you don’t have to spend more than you planned;
- Regulation. When using digital coins, it’s important to be informed. Study news about the regulation of such assets so that you don’t have any doubts about the legality of their use.
You also need to consider that cryptocurrency transactions are irreversible. This means that if you make a mistake in the address where you sent the funds, you won’t be able to get them back. The only way to get your money back is if the person who received it by mistake is honest and sends it back to you.
Cryptocurrency Online Casino Selection Process
The process of choosing a crypto casino in Australia should involve analyzing the site on several key aspects:
- Accessibility. The operator must accept players from Australia;
- Legality. Make sure that the site operates legally and has a license;
- Security. Research what measures the casino has in place to protect users;
- Payment methods. Find out what options (particularly cryptocurrencies) are available for transactions. Inquire about transaction limits, fees and timelines;
- Game collection. See what games and from which providers are presented on the site, whether they can be played with digital coins;
- Selection of bonuses. Check out the Promotions section to find out what bonuses are available for new and regular customers;
- Support service. Find out what hours the support team is open and how you can contact it.
By paying attention to the above aspects, you will pick a reliable crypto casino and be able to play for money in a comfortable and safe environment.
Examples of Crypto Casinos for Aussies
The Australian online gambling market is one of the most progressive in the world. Not surprisingly, there are so many operators actively integrating cryptocurrency into their processes. In the table below, we have gathered a few examples of such brands along with their bonuses for new players.
| Gambling Operator | Sign Up Offer |
| Neospin | 100% bonus up to 10,000 AUD + 100 free spins |
| Bambet | Welcome Package up to 5,200 AUD |
| 1Red | Welcome Package up to 30,000 AUD + 100 free spins |
| 7BitCasino | Crypto Welcome Package up to 5.25 BTC + 250 free spins |
| King Billy | Welcome Package up to 2,500 AUD + 250 free spins |
| LuckyDreams | Welcome Package up to 4,000 AUD + 300 free spins |
| PlayAmo | Welcome Package up to 1,500 AUD + 150 free spins |
| Ripper Casino | Welcome Package up to 7,500 AUD |
| SlotVibe | Welcome Package up to 7,300 AUD + 250 free spins |
| Wazamba | Crypto Welcome bonus up to 100 mBTC +100 free spins |
How to Play at Cryptocurrency Casinos
Once you have chosen an online casino that accepts cryptocurrencies, you can start playing on it. But there are a few important steps you need to follow first:
- Create a crypto wallet. You will need to make a deposit so that you can play for money. Find out which digital coins your chosen site accepts and register a Bitcoin wallet, for example;
- Fund your wallet. Purchase BTC on one of the verified, legally operating exchanges (Binance, OKX, Bybit, etc.);
- Register at an online casino. Go to the site of your chosen gambling operator and create an account. Typically this procedure takes a few minutes. Some brands and at all offer a simplified registration, providing for the introduction of missing data later;
- Make a deposit. Open Cashier and select the cryptocurrency whose wallet you previously created. Specify the amount and the required data, then make a deposit.
Now that you have money in your balance, you can start playing. Since many crypto casinos offer making a deposit with fiat funds, you may not need a crypto wallet. But keep in mind that not all payment options are allowed for both depositing and withdrawing winnings.
Our Summary
Given the undoubted advantages of cryptocurrency casinos, we can confidently predict the growth of the number of such sites in the foreseeable future. Those Aussie operators, who for various reasons do not yet offer digital coins for transactions to their customers, will be forced to start doing so. Otherwise, they will not be able to compete. And why would they abandon something that improves the user experience? Cryptocurrencies are the future, and it’s already here.
FAQ
Is it Possible to Play Pokies at Cryptocurrency Casinos?
Yes, there are hundreds and even thousands of pokies in different variations in the libraries of such sites. Usually they are available in both paid version and demo mode.
What Digital Coins Accepted by Crypto Casinos?
It depends on the site you choose. Most often you will be prompted to use Bitcoin, Ethereum, Litecoin, Tether USDT, Dogecoin, Ripple, but some operators accept many more digital coins.
Can I Pay with Bank Cards at Crypto Casinos?
This option is usually available. These gambling operators give their Aussie customers the freedom of choice — transfer funds using traditional payment methods or digital coins. But we recommend you to clarify this point before you decide to register on this or that site.