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Boost Crypto Casino Experience with the Power of AI

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BetPanda

1.5(38)
Reputation
Security
Payment methods
Game variety
Bonuses

TG.Casino

Reputation
Security
Payment methods
Game variety
Bonuses

1xBit

Reputation
Security
Payment methods
Game variety
Bonuses

mBit

Reputation
Security
Payment methods
Game variety
Bonuses

CoinKings

Reputation
Security
Payment methods
Game variety
Bonuses

WSMCasino

Reputation
Security
Payment methods
Game variety
Bonuses

ReelCrypto

Reputation
Security
Payment methods
Game variety
Bonuses

Wild.io

Reputation
Security
Payment methods
Game variety
Bonuses

BetOnline

Reputation
Security
Payment methods
Game variety
Bonuses

Fairspin

Reputation
Security
Payment methods
Game variety
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Celsius Casino

Reputation
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MetaWin

Reputation
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Game variety
Bonuses

Key Insights Online Crypto Gambling

Is it legal to gamble with Crypto?

Yes

Yes, gambling with crypto is generally legal unless your country's law prohibits it.

What cryptocurrencies are accepted at crypto casinos?

btc
eth
ltc

Each crypto casinos accepts different cryptocurrencies. However, the most commonly accepted tokens are Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Dogecoin, and more.

How can I deposit and withdraw funds at a crypto casino?

Yes

You can deposit funds at a crypto casino by buying with fiat or transferring the crypto token you already have into another wallet. You can withdraw by sending the funds you have to another wallet or trading your crypto to fiat back to your personal accounts.

Are crypto casinos safe and secure?

Check with a Shield Background

Most countries implement official regulations regarding online gambling. However, only a few have specifics when it comes to crypto gambling.

Do crypto casinos offer bonuses and promotions?

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Most crypto casinos offer exclusive and generous bonuses and promotions, such as welcome bonuses, cash backs, free spins, membership benefits, and more.

Key Insights Licensed Crypto Casino

How many licensed crypto casinos operate globally?

Around 5,098 crypto casinos

The exact number of crypto casinos is unclear, but as of 2024, there are about 5,098 global casinos and online gambling businesses, including all licensed crypto casinos.

How many regulatory authorities currently license crypto casinos?

license logo

Most countries have their own regulatory authorities. However, the most common license providers for crypto casinos are Curaçao, Malta, Costa Rica, and Montenegro.

How many countries have specific regulations governing licensed crypto casinos?

license logo

Most countries implement official regulations regarding online gambling. However, only a few have specifics when it comes to crypto gambling.

How many new licenses for crypto casinos have been issued by regulatory authorities in the past year?

at least 117 crypto casinos

At least 117 new crypto casinos were launched within the year, and all of them are licensed by several gaming authorities.

Key Insights Crypto Gambling Brands

How much do crypto gambling brands lose due to fraud and hacking?

$1.8 Billion as of 2023

Crypto gambling brands lost around $1.8 billion in 2023 due to fraud and hacking incidents, compared to $3.7 billion in 2022.

How much revenue do crypto brands get yearly?

$100K to $500K on average

The average revenue for medium-sized crypto casinos is around $100,000 to $500,000 monthly. In some cases, crypto casinos can make $2.6 billion annually.

Key Insights Bitcoin Gambling

What is the benefit of Bitcoins over traditional currency?

Yes

Anonymity, Security, and Lower Fees

How many Bitcoin gambling platforms are currently operational worldwide?

900+

Crypto gambling decentralized apps

2000+

Crypto and Bitcoin gambling sites

There are over 900 crypto gambling decentralized apps and over 2000 crypto and Bitcoin gambling casino websites.

What risks are associated with bitcoin gambling, such as price volatility and hacking?

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Phishing attacks, fraud, potential threats, lack of user data protection, and lack of regulation

How do Bitcoin gambling platforms incentivize players?

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Bonuses and Rewards

How do Bitcoin gambling casinos address responsible gambling?

lock icon

Bitcoin gambling casinos offer several features as responsible gaming measures like setting deposit limits and even self-exclusion.

What are the most common bonuses offered by Bitcoin gambling casinos?

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Welcome bonuses, no-deposit bonuses, free spins, reload bonuses, and loyalty rewards.

Key Insights New Crypto Casinos

How many new crypto casinos have launched in the past year?

117 new crypto casinos

Around 117 new crypto casinos were launched within the past 12 months.

How many different cryptocurrencies are typically accepted by new crypto casinos?

Minimum of 10

Most crypto casinos accept a minimum of 10 other cryptocurrencies for instant or faster deposits.

How many new crypto casinos offer no-deposit bonuses to attract players?

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Almost all new crypto casinos offer no-deposit bonuses to gain users.

Key Insights Bitcoin Casino Games

How many different types of Bitcoin casino games are typically offered by online casinos?

4,000 to 5,000 Games

Some crypto casinos offer over 4,000 to 5,000 games for their users to play. Meanwhile, some casinos focus on several in-house games with only 10 to 50 options.

How many game developers specialize in creating Bitcoin casino games?

416 Game Developers

There are around 416 developers that partner with casinos to provide games to users.

What percentage of Bitcoin casino games are optimized for mobile devices?

80%

Most crypto casinos optimize their Bitcoin casino games for mobile devices since 80% of crypto casino users play using their phones.

What online casino accepts Bitcoin?

btc

Game, BitCasino.io, Vave, ThunderPick, Bets.io, mBit Casino, Cloudbet, Metaspins, 7Bit, and more.

Key Insights Bitcoin Casino Tax

What percentage of profits from Bitcoin casinos are typically subject to taxation?

0 to 37%

Profits from Bitcoin Casinos are taxable as gambling income which varies from 0 to 37% depending on your tax bracket.

What percentage of Bitcoin casino winnings are typically reported to tax authorities?

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Since there are no clear rules for reporting Bitcoin casino winnings, many winners don't report their profits to avoid paying more taxes.

What percentage of Bitcoin casino winnings are subject to capital gains tax?

0 to 37% or 24% Flat Rate

Crypto tax rates vary based on gross income but range from 0 to 37%. In most cases, a flat 24% will be withheld by your payer if you have gambling winnings from a US-based operation. You may ow more or less than these estimated taxes based on your circumstances.

How many governments have imposed a specific tax rate on Bitcoin casino transactions?

US, UK, Australia, and Canada

The US, UK, Australian, and Canadian governments have extensive guidance on Bitcoin casino winnings. The US government subjects gambling winnings to both federal and state income tax. Meanwhile, the other three governments don't require taxes on gambling winnings.

Key Insights No Deposit Bitcoin Casino

What Bitcoin casino has no deposit bonuses?

btc

Vave, Sirwin, Lucky Block, Bovada, BC Game, and more

What is the minimum deposit at a Bitcoin casino?

0.0001 BTC

The minimum deposit at a Bitcoin casino is 0.0001 BTC or $1 worth of the player's preferred cryptocurrency.

No deposit free bonus Bitcoin casino with no wagering limit

btc

Bitstarz Casino, Metaspins, Crashino, Vegaz Casino, Deposit Win Casino, and more

USA crypto casino no deposit bonus

Yes

mBit Casino, CryptoLeo, 7Bit Casino, FortuneJack, Wild.io