Crypto casinos are certainly opening up the world of online gambling and making it easier, safer and quicker to hit up your favourite slots, table games of originals, but if you’re a beginner, the set-up process can seem a bit baffling to start with.
In this blog, we’ll take a look at how to deposit at crypto casinos, covering things like:
- digital wallets (and their addresses)
- blockchain networks
- the sorts of fees you need to look out for and
- How to keep yourself safe when depositing funds online.
Why use crypto wallets to game online?
Cryptocurrencies make it really quick and private to game online, especially at the new wave of online crypto casinos which take all kinds of crypto, such as BTH, ETH, Dogecoin, LITE and others.
With a digital wallet, you can load up your casino account in seconds to play and transfer winnings out just as easily. But there are risks too. If you pick the wrong blockchain network or send currency to the wrong wallet address, you’ll probably never see your funds again.
Step 1: Pick your wallet
A crypto wallet is basically a digital wallet that lets you send and receive digital payments in your chosen cryptocurrency. Rather than holding physical currency, they securely store the keys you need to access your crypto assets on the blockchain.
Hot wallets are online digital wallets and gamers tend to use them to make quick transactions. You’ll see them pitched to casino players because they let you get to your funds quickly. Some of the companies providing these are MetaMask, Trust Wallet, Exodus and Coinbase Wallet.
Cold wallets are stored offline and they offer way more protection against hackers. Big crypto users tend to keep most of their funds in cold wallets and then transfer smaller sums to their hot wallets for everyday use.
So step one, pick your hot wallet!
Step 2: Pick your cryptocurrency
Most online crypto casinos let you play in different cryptocurrencies such as BTC, ETH, LTC, DOGE and SOL. Each one varies in processing speeds and fees.
For example, Solana and Litecoin tend to be cheaper and quicker than some of the bigger cryptocurrencies, but stablecoins like USDT are good if you aren’t a fan of volatility (because they’re pegged to ‘real’ money currency values)
When you’re weighing up how to deposit at a crypto casino, check which currencies it accepts first, so you don’t waste your time picking the ‘wrong’ one!
Step 3: Deposit funds at your crypto casino
This bit’s actually surprisingly easy:
- Open your casino app or browser, log in to your account and go to the deposit or cashier section. It’ll give you a private and secure wallet address which is unique for your transaction.
- Copy this long string of numbers and letters carefully, using the ‘copy’ button rather than typing. Remember, one wrong character means you’re unlikely to see your transferred funds again.
- Choose the appropriate blockchain network. Most of the big cryptocurrencies operate on various networks, but just sense check before you click send.
- Enter the deposit amount (check the casino’s minimum transfer amount) and check the fees, which should be flagged.
- Confirm the transaction and let the blockchain handle things for you.
- You’re good to go!
Safety tips for depositing funds at a crypto casino
Crypto’s not as regulated as traditional finance markets, so make sure you follow these safety tips to keep your funds safe:
1. Use a reputable casino!
Received a message with a link from an unknown source, to a casino you’ve never heard of? Obviously, don’t click it. If you want a safe online crypto casino experience, start by picking a good one.
These are some of our favourites below, and they’re all tried, tested and ready to support a wide range of cryptocurrencies.
| Crypto casino | Free spins & promos? | Supported cryptocurrencies |
| lucky-block lucky block promo codes | ✅ | 20+ cryptocurrencies, like BTC, ETH, USDT, LTC, DOGE |
| Metaspins | ✅ | BTC, ETH & other big cryptocurrencies |
| cybet | ✅ | BTC, ETH, USDT & more |
| Hero Gaming | ✅ | BTC, ETH, USDT & more (plus regular fiat currencies) |
| BetPanda | ✅ | BTC, ETH, USDT, LTC, XRP, DOGE, TRX, BNB, SOL, TON |
| Bombastic | ✅ | BTC, Bitcoin Cash (BCH) ETH, USDT |
| Cryptorino | ✅ | BTC, ETH, LTC, DOGE, XRP, TRX, plus USDT |
2. Double-check wallet addresses
There’s a ton of devious malware out there (especially on dodgy sites), and some kinds switch out copied wallet addresses with fake ones. Check the first and last few characters in the string carefully before you hit go on any transaction.
3. Start with a small test
If you’re playing at a new crypto casino, trying a new blockchain network or simply getting to grips with online casinos as a beginner, begin with a small transaction to test the waters before you commit.
4. Get 2FA in place
Two-factor authentication is pretty much the gold standard for all your financial transactions in life, and it’s no different for crypto. Wherever it’s offered, grab it. This goes for casino accounts and digital wallets.
5. Don’t use public WiFi
If you want to fast-track your way to a scam, use public WiFi when you game or transact with your digital wallet!
But seriously, public wifi networks are huge issues because they’re rife with scammers, phishers, malware agents and all kinds of cybercriminals with one eye on your crypto assets. Don’t give them the satisfaction – only game and transact with private accounts.