UK Crypto Casinos Overview

Is Gambling with Crypto in the UK Legal and Safe?

Crypto gambling in the UK is legal. However, things are not as simple as they seem initially since the UK Gambling Commission still doesn’t fully regulate this type of gambling. It doesn’t ban it either, but the UK Gambling Act 2005 doesn’t include specifics related to using cryptos for online gambling. In other words, cryptos in the UK are still in the grey area.

However, there is a solution to this problem – offshore crypto online casinos. Despite the limitations in the UK, British players can still join many international crypto-friendly gambling venues. Most of them are licensed in Curacao, so you can rest assured these sites are legal and safe.

How to Get Started: Quick UK Crypto Casino Guide

Gambling at crypto online casinos is essentially the same, no matter where you come from. Experienced players know how it works. However, for all the crypto novices, we’ve prepared a step-by-step guide explaining everything you need to do to start spinning, rolling or dealing at your preferred crypto casino site.

1. Set Up Your Crypto Wallet

A crypto wallet is a secure digital wallet where you store your digital currencies. There are two main types: hot and cold crypto wallets. The main difference between them is the connection to the Internet. Hot wallets are connected to the Internet and are user-friendly. However, they are also less secure. You can choose web, mobile, and desktop wallets. The main benefit of these options is they are free.

On the other hand, cold wallets are stored on an offline device, so you’ll have to purchase a piece of hardware, which is costly. However, these wallets are more secure.
Some of the most popular crypto wallets are Coinbase Wallet, Crypto.com DeFi Wallet, and Exodus. When you choose the brand, download the software and register the account. You’ll get public and private keys and a QR code you’ll use to send and receive cryptos.

2. Purchase Crypto

After setting up your wallet, decide which digital currency you want to buy. We recommend you check the casino sites first to see which currencies are supported. It will help you choose the coins.

Next, log into your account, select one of the fiat options you wish to use to purchase coins and confirm the transaction. It’s worth noting that many crypto wallets are linked to major crypto exchanges like Coinbase, Binance, and Kraken, which simplifies the whole process. The coins will appear in your digital account when you finish the transaction.

3. Choose the Crypto Casino from Our List

When deciding which site to join, consider several criteria. Supported digital currencies are the no.1 factor, of course, but it’s not the only one. Open the casino lobby to see which games are on offer, visit the promotions page to learn about bonuses and check if the casino is licensed. If everything is in check, click the Signup button.

4. Deposit, Claim Bonuses & Play Real Money Games

When you join the site, make the first deposit. If you like the welcome bonus, claim it and enjoy its benefits. Or select another promo that suits you better. Finally, browse the library to find your favourite games and start your crypto gambling adventure. Good luck.

Accepted Cryptocurrencies at UK Online Casinos

The number of digital tokens today is mind-boggling. According to CoinMarketCap, more than 8,900 cryptocurrencies are currently on the market. Luckily for casino players, not all of them are included in the casinos’ cashiers. In fact, just a select few are available as casino banking methods. The most popular ones, of course. Let’s see which digital currencies are regular “guests” on the casino banking pages and why.

Bitcoin (BTC)

The first-ever crypto to enter the scene is still the world’s best-known and most popular digital coin. Bitcoin was launched in January 2009, making a huge splash and changing how people transact online. It also changed how casino players make deposits and cash out winnings at online casinos.

Therefore, you’ll find Bitcoin at all crypto online gambling sites across the globe, which is the most significant advantage of picking BTC as your preferred casino payment method. Another benefit of Bitcoin is you can use it to play all casino games, from online slots and table games to live dealer titles. Finally, as the most accepted cryptocurrency globally, you’ll find BTC welcome bonuses at many crypto sites.

Ethereum (ETH)

Ethereum is the second most popular digital currency in the world. It is a decentralized open-source blockchain system with its own crypto – ETH. So, what makes Ethereum so unique that it earned its place on the throne right next to BTC?

Ethereum introduced the concept of smart contracts, removing all intermediaries used to complete the transactions. In other words, the Ethereum network processes payments automatically. Simply put, ETH made online transactions more efficient and cheaper. As a result, Ethereum quickly gained traction and became one of the most used payment methods at crypto-gambling sites.

Tether (USDT)

Tether was launched in 2014 as a blockchain-powered platform that allows players to use fiat currencies for transactions across the blockchain. However, Tether is not only the first blockchain-enabled digital platform. It’s also the best-known stablecoin, USDT, that follows the value of another fiat currency – the USD.
In other words, Tether is a digital dollar. The main advantage of such an approach is that USDT ensures stability and mitigates the high volatility that is generally associated with cryptos. To help you understand better, Tether is pegged 1:1 to the USD, meaning 1 USDT is worth $1.

Litecoin (LTC)

Litecoin uses the same blockchain technology as Bitcoin. However, LTC has significantly lower fees and is much faster than BTC, which makes it one of the best options for online gambling. For example, the Litecoin Network takes less than 2.5 minutes to confirm the transaction, while BTC usually needs 9 minutes.

Moreover, many more Litecoins are in circulation than Bitcoins, making it easier to get. Consequently, LTC is also one of the most widely accepted cryptos globally. The altcoin was created by a former Google employee, Charlie Lee, who wanted to offer a “light version of Bitcoin”. Therefore, LTC has many similarities with Bitcoin but differs in speed and transaction fees.

Dogecoin (DOGE)

Based on the Doge meme that was viral at the time, Dogecoin wasn’t taken seriously at first. With a good reason, of course. The digital currency was launched in 2013 as a parody of Bitcoin, featuring Shiba Inu on its logo. However, Dogecoin soon proved it was not a joke at all.

The open-source digital currency was forked from Litecoin and managed to gain serious traction when Elon Musk posted several tweets saying DOGE is his favourite cryptocurrency. Today, DOGE is among the most popular digital coins accepted by many online casinos worldwide. One of the reasons why Dogecoin won over so many casino players is that it is much faster than Bitcoin and costs less, so casual gamers can afford it.