Crypto casinos have taken the world of online gambling by storm over the past few years for a long list of reasons. Whether it’s the lightning-fast withdrawal speeds, massive game collections, lucrative bonuses, or anonymous gameplay, they’re a tremendous option for people in Australia.
More and more people in the country are constantly embracing crypto and understand the obvious benefits of signing up for an account with a crypto casino. We’ll walk you through the reasons why you should consider trying one yourself, as well as explore their legality, top games to try out, and much more.
Whether you’re completely new to online gambling or a seasoned gambler, you’ll get some valuable insights into the growing trend of crypto casinos in Australia. Then you can enjoy your time playing the very best games in the world today.
| Casinos | Bonuses | Features |
| Coin Casino | 200% up to $30,000 | Instant withdrawals & huge welcome bonus. |
| 7Bit Casino | 325% up to €5,400 + 250 Free Spins. | 20% weekly cashback & weekly reload bonuses. |
| Megadice | 200% up to 1 BTC + 50 Free Spins. | Accepts Over 500 Crypto Coins & combi boosts on sports bets. |
| KatsuBet | 325% up to 5 BTC + 200 Free Spins. | Weekend bonus every weekend & 10% daily cashback. |
| Mirax Casino | 325% up to 5 BTC + 150 Free Spins. | 6,000+ High RTP Slot Games & excellent VIP program. |
| BC.Game | 100% up to $20,000 | Amazing selection of casino games, poker & sports betting. |
Why Crypto Casinos Are Taking Off in Australia
There’s been an ongoing shift away from old-school gambling sites in recent years, with Australians turning to crypto casinos as their preferred type of site. This trend doesn’t look like changing any time soon. Here are a few key reasons why Aussie gamblers find them so attractive:
- Adoption of Cryptocurrency: While a decade ago cryptocurrency was in its infancy and not in the mainstream consciousness at all, things have come a long way. Many people are now using crypto in their daily lives and realize the tremendous benefits it offers. It’s a lot more accessible and mainstream recently, with even traditional online casinos now often accepting it as a payment option to try to slow down the number of people transitioning away from their sites for a better alternative.
- Faster Transactions: While deposits with traditional payment methods usually process or occur less instantaneously, withdrawals were always the issue. It often takes days or even weeks to access your winnings on old-school sites. Bitcoin casinos, in contrast, provide you with almost instant payouts. Once your request gets approval, the funds will often hit your crypto wallet in less than 10 minutes.
- More Transparency and Security: Blockchain technology is the backbone of most cryptocurrencies, and it offers a stunning level of transparency and security. You can feel confident when conducting transactions through Bitcoin casinos. Provably fair games are also made possible by blockchain technology, allowing you to see for yourself that games aren’t rigged.
- Greater Anonymity: Many leading crypto casinos allow you to play almost anonymously. This is because you sign up with a username and password, with other personal information not being necessary in many cases. There’ll also be no KYC checks to verify your identity, and the transactions are kept private as well.
Benefits of Playing at Crypto Casinos in Australia
There are many advantages that Aussies can get when they use crypto for gambling purposes. You can start taking full advantage of these benefits when you sign up for an account with a crypto casino in Australia. Here’s a deeper look at each of the key benefits of these platforms:
Enhanced Security and Transparency
As mentioned, the power of the blockchain is that it ensures absolute integrity with transactions. Everything is completely transparent, and you can see the streak of transactions on the ledger to ensure that everything’s above board. Nothing can be tampered with, and everything is publicly verifiable.
You don’t need to share any sensitive information with third-party sites either, as you only need to send funds to and from your crypto wallet. Once you ensure that you’re sending the funds to the correct wallet address, everything is going to be seamless.
The ability to check the provably fair games to ensure they’re not rigged is also vital. You can test these protocols for yourself, unlike traditional online casinos where you need to just take their word that the games are legitimate.
Privacy and Anonymity for Players
Crypto casinos are the ideal destination for Aussies who want to maintain their privacy when gambling online.
Old-school online casinos require a lot of personal and financial information in order to add and withdraw funds. Some people don’t like this level of intrusiveness and have concerns about the protection of their data.
Crypto gambling sites require very little or no sensitive information whatsoever. Crypto wallets are protected, so you’re not disclosing any type of financial information to the operators of the Bitcoin casino. This means that you can play much more discreetly.
Lightning-Fast Payouts
Perhaps the biggest attraction for experienced gamblers is the ability to get your winnings withdrawn within minutes. You no longer need to wait days or weeks for everything to process.
Once the casino operator gives the green light, you can check your crypto wallet and more likely than not, your funds will be waiting there for you.
Low Transaction Fees
Some traditional payment methods like credit cards, debit cards, and bank transfers can incur hefty charges when using them to conduct payments. This eats into your profit levels and is completely avoidable by using cryptocurrencies.
While there are typically small network fees depending on which cryptocurrency you choose to use, they are usually minimal and won’t erode your account balance too much.
Are Crypto Casinos Legal in Australia?
The risk of crypto casino legality in Australia is a bit of a grey area. It’s important that you understand the nuances if you’re planning to sign up for an account.
Online gambling is legal in the country, but there are strict regulations as per the Interactive Gambling Act of 2001. The idea behind this legislation is to protect consumers and prevent illegal gambling from taking place.
As the use of cryptocurrency isn’t illegal in Australia, it falls into a grey area. The general principle is that you can use digital currencies to gamble online once the Bitcoin casinos have a license and operate within the relevant laws.
Any crypto casinos accepting Australian players need to comply with the Australian Transaction Reports and Analysis Centre (AUSTRAC) set of rules to ensure that money laundering isn’t taking place.
There are also certain requirements surrounding Know Your Customer (KYC) protocols, which means that certain crypto casinos will conduct verification checks to show that they’re above board.
In conclusion, crypto gambling isn’t explicitly mentioned in Australian laws, so it’s safe to assume that players can legally use cryptocurrency when dealing with legit online casinos. This is why you need to ensure you’re only using compliant and regulated Bitcoin casinos.
How Safe Are Crypto Casinos for Australian Players?
While crypto casinos are becoming more popular in Australia, a primary concern will always be the safety of these platforms.
While the benefits are obvious, it’s also a good idea to explore the safety features and possible risks involved. This means that you’re going into the space with your eyes fully wide open, so you can take steps to mitigate any potential risks and have a great time when betting.
Key Safety Features to Look For
There are many different factors that go into making sure that an online crypto casino is safe. While some platforms don’t require you to enter any personal information, this isn’t always the case.
You’ll sometimes need to enter contact info, and this can throw up concerns if the online casino doesn’t deploy SSL encryption. This is a security protocol that ensures any data that’s transmitted is fully protected from potential prying eyes.
Another key feature is the presence of provably fair games. Old-school casino sites usually rely on third-party independent companies to verify the legitimacy of a casino game. However, there’s one way for the cover page to test the fairness of them themselves.
Many crypto casinos offer provably fair games, which leverage cryptographic technology to allow users to test the game system for fairness.
Another vital safety detail is that the Bitcoin casino has some type of license from a reputable gambling regulator. This means that the operator is subject to some oversight and can’t just do what it wants at all times and neglect its players.
Finally, it’s always a good idea to see if the casino site offers responsible gambling tools, as this is a vital safety feature for protecting people who might be struggling to control their gambling. Some common options include deposit limits, cool-off periods, and self-exclusion.
Risks and How to Avoid Them
While there are many safety features attached to leading crypto gambling sites, there are also some risks that you need to learn about to ensure that you’re only dealing with legit sites. The key to having a fun and entertaining time online is spotting and avoiding any potentially dodgy sites.
- No License: One major red flag that is easy to spot right off the bat is the lack of a gambling license. We usually recommend that you avoid these sites as they’re not beholden to any regulator to ensure that they’re treating players properly, offering fair games, and honouring withdrawals. Some crypto casinos pretend they’ve a license from a reputable regulator like the Curacao Gaming Control Board; double-check on the regulator’s website that the license is actually legit.
- Poor Website Security: It’s important that an online casino has SSL encryption or else you’ll run into all sorts of problems. Without safeguards like SSL or HTTPS, your financial and personal information could be at risk of fraud or theft. Stick to the websites that have a padlock symbol in the address bar and check that proper encryption technology is in place.
- Unclear Terms and Conditions: Many crypto casinos offer enticing welcome bonuses that grab your attention instantly. However, when you dig deeper into the terms and conditions, you’ll often find that they’re very obscure, and you have to jump through tons of hoops to see any actual real-money return from your gameplay.
- Poor Reviews: It’s usually a good idea to take a quick look at third-party review sites like Trustpilot to see what people have to say about the Bitcoin casinos you’re considering. While there will always be some disgruntled users, if there’s a large proportion of concerning feedback, then this is something to take note of.
- Lacking Provably Fair Games: As explained earlier in this guide, provably fair games allow you to see behind the curtain and test the games yourself for fairness. A crypto casino lacking any provably fair games is a cause for concern, as you can’t be sure that the games are legit.
Top Games to Play at Crypto Casinos in Australia
Crypto casinos tend to have bigger and better game collections than traditional online casinos, so you’re in for a treat when you sign up for an account. From pokies to table games and live dealer games, there’s something for every preference. At the best crypto casinos, you’ll find exciting gameplay from the leading firms in the business. Here’s a look at some of the leading game types available at the best Australian crypto casinos:
Pokies with Crypto
The bulk of any game library will be pokies. They come in many different shapes and sizes, whether it’s varying themes, bonus features, or volatility levels.
A quick way to judge the quality of a pokies collection is by checking to see if top studios like NetEnt, Play’n Go, and Pragmatic Play are supplying their best titles. Most of the time, you’ll find exciting free spins on offer or promotions like those leading pokies.
You’ll find a mix of classic-style pokies and newer ones, including highly popular variants like Starburst, Big Bass Bonanza, and Book of Dead. The top crypto casinos will have thousands of pokies to choose from, so boredom will never be an issue.
You’ll find every need taken care of, whether you’re looking for a particular theme or bonus feature. Some leading crypto casinos will have dozens of progressive jackpot pokies available to play. These are known for having some of the biggest possible payouts.
The Mega Moolah progressive jackpot from Microgaming, for example, is usually worth millions of dollars for the lucky person who matches the right symbols.
Table Games
Many people love the ability to play popular table games like roulette, blackjack, and casino poker at their own pace. These RNG titles are complemented by quality animations, so you can enjoy aesthetically pleasing and feature-heavy gameplay as you please.
Blackjack is always a big deal at most crypto gambling sites, with popular titles on the standard variants including the addition of side bets, jackpots, and single-deck action.
Roulette always captures the excitement of a casino player perfectly as they wait for the wheel to stop spinning. You can place bets with mere pennies if you wish on these variants.
Baccarat is another favourite, thanks to its relatively small house edge. The gameplay is also kept very simple, with players just choosing to bet on the banker or the player’s hand.
The main advantage of playing RNG table games versus live dealer games is that you have more control over the pace of play. You can decide to instantly deal a hand of cards or see the outcome of the wheel spin.
Poker Options
If you’re a fan of casino poker, then the best crypto casinos will look after you. There’ll be an abundance of games you can play against the dealer, such as Texas Hold’em, Caribbean Stud Poker, and Three Card Stud.
Then there’s often going to be a collection of video poker titles. These see you trying to build the best hand possible by hitting particular combinations; you’ll increase your payout. The house edge tends to be ideal, so you’re getting good bang for your buck.
Whatever your preferences, you’ll find it at the top crypto casinos. Some sites will also offer peer-to-peer poker, allowing you to partake in cash games or tournaments against your fellow users.
Provably Fair Games
Provably fair games are a unique attraction of crypto casinos. You won’t find them at traditional casino sites. They allow you to test the fairness of games each round if you wish, so you can be confident that they’re not rigged.
Players can check the hash and seed value used by the random number generator to generate the game’s results. This highlights how the casino isn’t manipulating the results whatsoever.
The list of provably fair games will include classics like Crypto Dice, Roll the Dice, and Crash. There’ll usually be a dedicated section for this category, so you can solely focus on these variants if you wish.
Live Dealer Experiences
Live dealer games are hugely popular these days as they offer extremely authentic and realistic gameplay. You feel like you’re at a casino with fresh thanks to the HD stream and the presence of a real person dealing the cards or spinning the wheel.
You can interact directly with the dealer if you wish, and there is usually support for big and small bet sizes alike. The bulk of live dealer games you’ll find at a crypto casino will be table games like Baccarat, roulette, and blackjack. As well as having the typical options you’d expect to find in such a collection, you also get variants from top developers like Evolution and Pragmatic Play Live.
Some standouts include Lightning Roulette, POWER Blackjack, and Speed Baccarat. Then there’s also typically a collection of live dealer game shows, such as Deal Or No Deal Live and Crazy Time, which attract plenty of casual gamers.
You can also get tables in several languages, so it really is a one-stop-shop for every gambling need. Next time you want to feel like you’re in the casino without having to physically visit a property, you should load up some live casino games.
Specialty Games
Rounding off any good crypto casino game collection will be specialty games. A variety of titles fall under this category, starting with video poker. These low house-edge titles like Jacks or Better provide simple, yet engaging gameplay.
Then, a category that’s growing even more popular is crash games like Aviator and Space Miners. You watch with excitement as the multiplier builds, with the trick being to cash out before it crashes down.
There’ll often be dice games, scratch cards, slingo, arcade games, and virtual sports rounding off any good crypto casino offering. You really have all bases covered.
Sports Betting
While it’s not a type of casino game, many leading crypto gambling sites will also offer sports betting. This means that you’re getting a one-stop shop for all your needs. These offerings will usually cover thousands of different events taking place across the world, both pre-game and in-play.
The top sites even offer live streaming, so you can place your bets and enjoy the action happening right in front of you. All the usual types of betting markets will be available, as well as popular features such as early cash-out and odds boosts.
Best Bonuses at Crypto Casinos for Aussies
One of the biggest advantages of playing at Bitcoin casinos in Australia is that you’ve access to some massive welcome packages and ongoing promotions. You’ll be able to play with the house’s money and be in with a chance of seeing a real money return from this play. While the welcome offer is a once-off deal, there are other types of promotions that will be attainable regularly. Loyalty programs also reward you for staying committed to a particular site. Let’s look at how the best bonuses offer that are available to Australian gamblers these days:
Welcome Bonuses
Every Bitcoin casino will have some sort of welcome bonus available for you to take advantage of. This is a way in which the operator attracts new players and incentivises them to sign up.
Welcome offers can come in many forms, with the most common being a deposit bonus that sees your initial payment (or sometimes multiple payments) matched to a certain percentage.
Free spins can also often be a part of the deal. You’ll typically get a 100% or 200% match bonus. Free spins allow you to play popular pokies without staking your own money doing so.
The bonus money that you get from welcome bonuses usually comes with wagering requirements and other conditions to take into consideration. The bonus money and winnings from free spins typically need to be wagered over a certain amount of times before they become withdrawable.
If you’re signing up for a Bitcoin casino, it’s always worthwhile taking advantage of the welcome bonus. Make sure you read the qualifying requirements before depositing so you don’t miss out on a great deal.
No Deposit Bonuses
A very rare type of welcome bonus is a no deposit bonus, as it gives you a reward just for creating an account, no deposit necessary. So, the casino is effectively giving away something for free. You won’t find this deal often, except for newer crypto casinos.
If you do get lucky and find a crypto casino offering such a deal, you will usually get a small amount of bonus money or free spins. Before you can cash out these funds, you’ll typically need to meet wagering requirements and also deposit at least once.
No deposit bonuses are ideal for players who want to try out an online casino without having to invest any real money into the testing phase. You get a risk-free time playing at the casino’s site.
Reload Bonuses
A popular type of bonus for existing players at Bitcoin casinos in Australia is a reload bonus. It’s similar to the deposit bonuses that make up many welcome offers. You’ll get your qualifying deposit matched a certain amount by the casinos, getting bonus money and/or free spins.
The size of the match bonus is usually below 50%, so significantly lower than sign-up offers. These deals act as an incentive for you to add more funds to your account after you’ve spent your previous balance.
A big positive of these types of promotions is that you can often get them every week, so it’s not going to be just a once-off promotion. This means that you can plan ahead when making deposits and make sure you’re only adding funds to your account when these rewards will be available.
Cashback Offers
Another popular feature at many Bitcoin casinos in Australia is cashback offers. They allow you to get back some of your losses, which eases the pain of poor playing sessions. This acts as a form of loss protection, minimizing the impact of your bad results.
The cashback will usually be a percentage of your losses over a particular time period, such as 10% back on your weekly net losses. They can relate to certain games and will usually have a cap on how much cashback you can get in a given week.
Some crypto casinos will reward you with cashback that is real money, while others credit it as bonus money, which means you need to meet wagering requirements before it becomes withdrawable.
The benefit of cashback offers is that it takes some of the sting out of your poor results and allows you to keep playing a bit longer.
Free Spins
Free spins are a very popular type of bonus found at crypto gambling sites. They can be part of many different bonuses, whether it’s the welcome package, reload bonuses or tournament prizes. The free spins will only be usable on specified pokies and will carry a spin value.
They’re a great way to enjoy a popular pokie without having to risk your own money. Some Bitcoin casinos in Australia even allow you to keep the winnings from your free spins without having to hit any type of wagering target.
Others will have to wager the winnings a certain number of times before they become withdrawable. That’s why you need to check the offer’s terms and conditions to see what is the case in that particular circumstance.
Loyalty and VIP Programs
Crypto casinos want to do everything in their power to get people coming back again and again to use their platforms. One way in which they do this is by rewarding returning customers with loyalty programs.
These are generally accessible to anyone who has an account. There will often be different tier levels, with the rewards improving as you level up. The perks can include faster withdrawals, free spins, bigger cashback bonuses, and access to fast customer support.
VIP programs are normally reserved for high rollers who spend a lot on the crypto casino. They can get access to exclusive events, bigger transaction limits, and a dedicated account manager. VIP programs are often only joinable if you get an invite from the online casino.
How We Evaluate the Best Crypto Casinos in Australia
When we review the top crypto casinos, we make sure to keep our criteria consistent at all times. This allows us to objectively compare different Australian Bitcoin casinos with one another, giving them all a fair chance.
Some aspects of the review process are more important than others, so we take extra time when looking at those areas. If you’re doing your own due diligence, it’s a good idea to first figure out what’s most important to you in an online casino.
For some people, their main concern will be fast withdrawals, while others want access to a particular game type or promotion. You can assign your own weightings to those variables that matter especially to you.
Ready to find out how we arrived at our review conclusions? Here’s a breakdown of how we assess the best crypto casinos in Australia:
Licensing and Regulation
The first point of call is checking to see if the Bitcoin casino has a license from a reputable regulator like the Curacao Gaming Control Board. This is usually found in the website footer and is accompanied by the license number, which we double-check on the regulator’s website.
If the casino doesn’t have any form of licensing, then we usually don’t want to consider it any further, as it’s not subject to industry standards and can put players at risk.
There will be a fear that the site won’t honour withdrawals, even though they accept deposits. The withdrawal times can take weeks, and you’ll have to jump through many hoops to get approval for your request.
Security Measures
The next step is ensuring that the online casino is competent when it comes to protecting the data of its users. This initially sees us checking for the presence of SSL encryption so that the transmission of information is kept fully protected.
Then we look to see if the online casino has any additional measures like two-factor authentication or has security procedures in place.
Another key consideration is checking the game library for the presence of provably fair games. This allows users to check and test for themselves that they’re playing legit titles.
Australian Player Accessibility
While accessibility isn’t usually going to be a concern for Australian players, some international Bitcoin casinos don’t accept players from the region. That’s why we look at the site’s terms and conditions to check their list of restricted countries.
We also look to see if they support Australian dollars or if the focus is entirely on cryptocurrency.
Bonus Quality
We move on to assessing the welcome bonus and other promotions that are available. We don’t just look at the offer on the surface level and take it at face value.
We dive into the terms and conditions to see things like the expiry period, wagering requirements, game contributions, max bets, and payment method exclusions. This gives us a proper picture of how good the welcome bonus is in reality, rather than just assessing the size of the rewards.
We’ll follow a similar process of reviewing promotions, remarking how much variety the Bitcoin casinos in Australia offer. Ideally, we’ll see a mix of reload bonuses, free spins, tournaments, and cashback offers.
Finally, we check out the loyalty programs to see if the rewards are up to scratch and assess how difficult it is to rank up the levels and receive the improved bonuses.
Game Variety
Another vital consideration for a crypto casino review is checking that the game collection has the ideal blend of quality and quantity. We can quickly judge the quality by checking to see if reputable developers supply games.
Then, we jump into each category, making sure that the crypto casino has all its bases covered. This includes the presence of progressive jackpot pokies, live casino games, and popular new game types like crash games.
We also look to see if new games are added frequently to the platform, as this keeps things fresh and exciting.
A crypto casino can tick every box, but if its game library is lacking, then there’s little point proceeding to open an account, as you’ll just quickly get bored with the offering.
Payment Options
While our focus is on cryptocurrency, we also want to check if the online casinos support traditional payment methods. Some people like having the backup option of using debit cards, credit cards, e-wallets, bank transfers, or prepaid cards.
We also look at the range of payment methods that are available to use. Across the board, it’s important to take into account the transaction limits, speeds, and fees, as these can vary widely from site to site.
We’re looking for platforms that support payments with crypto, with higher-quality sites having special considerations if the transaction limits are a bit tight at a given online casino.
Customer Support Quality
Most crypto casinos will have a help center or FAQ page that will answer plenty of common questions about the site.
Reading through this section allows us to get a good grasp of what you can expect when signing up for an account. We also like the presence of a dedicated payments page that outlines the fees, limits, and speeds, all in one place for quick comparisons.
Then we jump into testing the quality of the customer support team. Most crypto casinos will offer live chat and email, although this isn’t always the case. We want to see 24/7 live chat which allows users to always get an answer to their questions no matter the time of day.
Testing the quality of the responses and the speed is also vital, so we can see if the support is as good as the site promotes.
Alternative Payment Methods at Crypto Casinos
For many years, Bitcoin was the number one cryptocurrency for regular purposes. Some sites only offered this single token, with other options unavailable.
However, most crypto casinos these days will have at least a handful of options available to you, whether they are the likes of Ethereum, altcoins, or traditional payment methods. This section explores some of the alternative payment methods available at crypto casinos, as well as their respective pros and cons.
Ethereum
The second most popular cryptocurrency is Ethereum and is usually quicker to process transactions than Bitcoin, with the speeds often being a few seconds.
The transaction fees tend to be relatively low, making it a cost-effective option for Aussie gamblers. The support for smart contracts is something that will likely become more prominent in the coming years to ensure there’s the ultimate level of transparency. One of the downsides is that there can be network congestion at times, and there’s also the price volatility factor.
Pros
- Fast Transactions
- Low fees
- Smart contracts
Cons
- Network congestion
- Price volatility
Altcoins
There are a number of popular altcoins that you’ll typically find at Bitcoin casinos in Australia, such as Bitcoin Cash, Litecoin, Ripple, and Dogecoin. These are becoming major options as they are also low-cost and offer additional privacy features in many cases.
Litecoin is one of the quickest and lowest-cost options. If security is a concern for you, Monero and Zcash are particularly secure.
Naturally, the volatile nature of altcoins is a concern for people, as they don’t want the value of their assets to be eroded away. However, this effect works in the opposite way as well.
Pros
- Low fees
- Fast transactions
- Additional privacy measures
Cons
- Less acceptance
- Price volatility
Stablecoins
Many people prefer using fiat-hybrid stablecoins so that they don’t have to worry as much about price volatility, which is a big issue for using other cryptocurrencies. Dai, USD Coin, and Tether are good fits in this category. They’re pegged to the value of a fiat currency like the US Dollar.
They deal with the volatility issue while still allowing you to enjoy the benefits that crypto brings. These options are also widely accepted these days at leading Bitcoin casinos. However, some people have issues converting their assets into stablecoins if they’re beginners in the crypto world.
Pros
- Price stability
- Fast transactions
- Widely accepted
Cons
Getting Started with Crypto Gambling in Australia
If you like what you’re hearing about Australian crypto casinos, then you’ll likely want to get started with a new account for yourself.
First, it’s important to understand the main steps in the registration process to ensure that you do everything smoothly. This section will cover everything from selecting a Bitcoin wallet to buying crypto and adding funds to a crypto casino account.
Choosing a Bitcoin Wallet
If you don’t already have a crypto wallet, this is going to be your first step. This is where you’ll store your funds. There are many types of wallets to choose from, each having its own pros and cons.
- Hot Wallets: These are online wallets that are easy to use and quickly accessible. Exchanges like Binance and Coinbase offer integrated hot wallets for users for quick trading. The main downside is that they can be vulnerable to hacks as they’re connected to the internet.
- Cold Wallet: These are offline wallets, also known as hardware wallets, popular brands include Trezor and Ledger. Your cryptocurrency holdings are offline, which means they’re not really subject to online threats, making them ideal for long-term storage of crypto. However, the downside is that they’re less convenient to use, as they require extra steps to conduct transactions.
- Mobile Wallets: Some people install wallets onto their smartphones, which pairs security and convenience together. Popular choices include Trust Wallet and Exodus. They’re easy to use, but are also connected to the internet, which is always a concern.
To help you choose a wallet, we recommend prioritizing those that offer additional security features like strong encryption and two-factor authentication. Always back up your private keys and use a strong password to keep your funds safe.
Buying Crypto in Australia
If you don’t have any crypto yet, that’s your next step to complete. You can then use these funds to deposit into your online gambling account. Several exchanges are available to Australians, so you can buy and trade a range of coins.
- Select an Exchange: Some of the most popular exchanges in Australia include Binance and Coinbase. You can use AUD to purchase cryptocurrencies like Bitcoin and Ethereum.
- Create an Account: You’ll need to sign up to the exchange to get started, and proof of identity is usually required to verify you are who you claim to be.
- Deposit Funds: You can deposit funds to your exchange account with a bank transfer, credit card, or other options like PayID.
- Buy Cryptocurrency: Choose which cryptocurrency you want to buy and how much of it. Then confirm the purchase, always taking into account the fees and exchange rate before confirming.
- Transfer to Your Wallet: Once you’ve completed your purchase, you can send the funds to your personal wallet to keep them safe and to send them to your gambling account’s crypto wallet.
Depositing and Withdrawing
Once your wallet is set up and it’s stocked with funds, you can go ahead and fund your crypto casino account. This is generally a straightforward process, but here’s a quick look at the main steps:
Depositing:
- Select a Casino: You need to choose a casino and ensure it accepts the cryptocurrency you own. The majority of crypto casinos accept Bitcoin and Ethereum.
- Go to the Banking Section: Log into your account after registration and go to the deposit section.
- Copy Your Wallet Address: You’ll get a unique wallet address from your online casino account. Copy this address to transfer the crypto.
- Transfer Funds: Open your personal wallet, decide how much you want to deposit, and paste in the wallet address for your casino account from the transaction and wait for the funds to go through.
Withdrawing:
- Go to the Withdrawal Section: When you’ve earned some winnings and want to withdraw some funds, go to the withdrawal section.
- Select Your Wallet: Choose the crypto wallet where you want to send the funds.
- Confirm the Payout: Enter how much you wish to withdraw and confirm the transaction. Most of the best Bitcoin casinos process withdrawals in minutes or a few hours, depending on network congestion.
The Future of Crypto Casinos in Australia
The world of cryptocurrency is constantly evolving, so it’s hard to look too far into the future to make predictions. One thing is for sure – the future looks promising.
Adoption levels are continually increasing, and technology is advancing at incredible rates. Here’s a look at what the future of crypto casinos in Australia could look like:
- Regulatory Changes: As more and more people engage in crypto gambling, authorities will likely take notice and put in place clearer regulatory frameworks for these platforms. This could mean more safeguards and stronger protections for consumers to ensure fraud doesn’t become a concern for gamblers.
- Smart Contracts: It’s likely that Australian Bitcoin casinos will increase the amount they integrate blockchain technology. Provably fair games could become the norm rather than the exception. The introduction of smart contracts should mean more seamless payouts, reducing any human error that leads to delays.
- More Acceptance of Altcoins: The list of accepted cryptocurrencies will only increase in leading online casinos. This will provide a greater level of choice to players.
- Integration of AR and VR: Games will likely improve as crypto casinos adopt more technology like virtual reality (VR) and augmented reality (AR). These technologies could introduce more immersive environments, allowing for much more interaction while playing games.
- DeFi Gambling: Decentralized finance (DeFi) is something that could start to come into play with Bitcoin casinos in Australia. Peer-to-peer gambling could become a viable possibility, whereby individuals can become the house and take bets. Other interesting concepts could be the introduction of yield farming and staking rewards in the online gambling sphere.
Final Thoughts on Australia’s Best Crypto Casinos
As cryptocurrency continues to disrupt many different sectors, the global world is only going to benefit. Crypto casinos have come to the fore as a modern, convenient, and secure alternative to old-school online casinos in Australia.
With a massive game selection, enhanced privacy, faster withdrawals, and more lucrative bonuses, what’s not to like? Here’s a quick recap of the main takeaways from this comprehensive guide:
- Faster Transactions: You can conduct much quicker withdrawals by using cryptocurrency compared to traditional banking methods. There are fewer delays as you’re cutting out middlemen intermediaries.
- Better Security: Blockchain technology means that you’re getting a transparent experience and games that you can trust.
- More Anonymity: Players can take advantage of the extra layers of security, which means they can properly protect their sensitive information, unlike old-school banking options that expose your personal details.
- Low Fees: Cryptocurrency transactions are generally low-fee, which saves you from spending too much of your profits on fees.
While there are plenty of benefits associated with crypto casinos, there are still risks you need to remember, especially regarding regulations. Players should only choose licensed, well-regulated platforms that promote responsible gambling.
As Australia continues to embrace cryptocurrencies in online gaming, Bitcoin casinos are set to be a key player for many years to come. With the right precautions, you can enjoy a seamless, enjoyable gambling experience.
Disclaimer
Gambling should always be a form of entertainment and not taken too seriously. If you’re struggling with gambling addiction or know someone else who might be falling into this category, it’s vital that you seek help straight away.
Always set limits before you start gambling, and don’t bet with more money than you can afford to lose. Most crypto casinos offer account restrictions that can give you better control over your gameplay. The option of self-exclusion can be a good way to stop yourself.
Please stay safe, play responsibly, and know when you need to get some help.
Crypto Casinos in Australia – Frequently Asked Questions
If you want a quick overview of some of the key topics that gamblers in Australia ask questions about, we’ve compiled a list of the most frequently seen issues.
By reading through them, you can get a better-rounded view of what to expect when you start using Bitcoin casinos.
Are Crypto Transactions Legal with Australian Banks?
Cryptocurrency transactions are legal in Australia, so this won’t be a concern for gamblers. However, Australian banks don’t typically support direct crypto transactions due to money laundering concerns.
That’s why you’ll need to go through crypto exchanges like Binance and Coinbase to buy and sell crypto as you play. You can use money from your bank account to finance these transactions and send any crypto you convert back into fiat to your bank account.
It’s always a good idea to check what your specific bank’s policy is in this regard, as some are more crypto-friendly than others.
Can You Legally Withdraw Crypto in Australia?
Yes, there are no laws that make it illegal for you to withdraw crypto in Australia from a gambling account.
Local laws don’t stop you from transferring your gambling winnings to a personal crypto wallet, exchange, or converting it into fiat currency before sending it to a regular bank account.
One thing to always consider is any potential tax obligations that come from the back of crypto transactions. That’s why you should talk with a financial advisor to ensure that you’re meeting all of your obligations in this regard.
What’s the Most Secure Bitcoin Wallet for Aussies?
There are many different Bitcoin wallets you can choose from if you’re in Australia.
Most people will say that hardware wallets from companies like Trezor and Ledger are the safest options as these devices aren’t connected to the internet, making them extremely hard for hackers to access or get their hands on your funds.
The only downside to using hardware wallets is that they are less convenient than hot wallets, requiring an additional step if you want to use your crypto funds.
Are Crypto Casinos Truly Provably Fair?
Yes, all the leading Australian Bitcoin casinos incorporate provably fair technology into many of their games. While the entire game library might not be composed of these titles, a large percentage will be. This means that players can verify the randomness of games themselves.
There’s full transparency, and nobody can manipulate the results of games. You can check that a casino offers provably fair games before signing up for an account.
Are Online Casinos Restricted in Australia?
Online gambling is legal in Australia, although there are strict regulations in place. Residents often enjoy what online casinos have to offer, although only licensed platforms are worth considering. Otherwise, you can run into a wide range of issues that won’t be easy to resolve.
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