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!
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.
The specific currencies that can be used varies between casinos. However, the best cryptocurrency bonus casinos will allow a selection of:
- Bitcoin Cash
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.
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.
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!
New players at 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 And of course, once the 40x wagering requirements are cleared, all profits can be withdrawn as Bitcoin too!
In addition to their regular welcome bonus, Da Vinci’s Gold Casino is a second sign up crypto bonus: a 300% match without limit when using Bitcoin!
Crypto Thrills blows most of the competition out the water when it comes to promotions, allowing players to get as much as a 300% deposit match up to 1 BTC. Simply apply your Crypto Thrills bonus code to get the deal.
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.
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. 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.
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.
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!
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.
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.
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.
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.
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.
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.