How do crypto casino bonuses work?

How do crypto casino bonuses work?

Written by Moli Mishra, In Casino, Published On
November 17, 2022
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Bonuses and promotions lie at the heart of the online casino world, but do these benefits change when you change your currency type? 

The online casino industry continues to change, and we’re here for it. Every week there’s a new banking method or promotion on offer. However, it’s crucial to stay on top of the latest developments.

If you’ve been wondering about Bitcoin bonuses, we’re here to help. Now, more casinos are accepting cryptocurrencies, and it’s essential to know how to apply and use these new bonuses. Remember, rewards can improve your play tenfold!

Scroll down to learn more about crypto casino bonuses.

About cryptocurrency casinos

Before we jump into the world of cryptocurrency bonuses, we’ll quickly provide an overview of cryptocurrency casinos.

Frequent gamers will be comfortable with traditional online casinos, so the concept of a ‘crypto casino’ might sound strange. However, you’re likely already playing at one!

A cryptocurrency casino is simply an online casino that accepts top cryptocurrencies as a payment method. Many large casinos have added the De-Fi option to their list, and some crypto-only casinos don’t accept regular cash.

Make sure you check whether cryptocurrency is accepted before you sign up. This payment method isn’t available at all casinos yet, and many mainstream options are slow to adapt. Alongside checking the availability of crypto banking, double-check that your specific crypto type is accepted.

Different types of crypto bonuses

Typically, crypto casino bonuses fall under the same umbrellas as standard online casino bonuses. This is excellent news for players, as you can take advantage of all cash bonuses and free spins – but with some better terms. Crypto casino veterans Meta spins are a fantastic example of the way that crypto casinos have the ability to reinvent standard bonuses, such as entering players into a pool to win a share of BTC. They also make great use of a levelling system that functions as a loyalty scheme.

Let’s look at some of the best crypto bonuses you can use:

Free spins

Slots are here to provide premium entertainment and real cash prizes. Usually, players need to make a deposit before playing. Free spins allow you to play without spending anything.

Free spins have their own terms and conditions, but as long as you meet these, you can keep your winnings.

No deposit bonuses

Online casinos nearly always require an initial deposit before you start playing. However, now and then, no deposit bonuses appear. This promotion allows you to gamble without adding any funds to your account.

With crypto casinos, your no-deposit bonus will be equivalent to a cryptocurrency rather than your local currency. Make sure you read the terms and conditions before you play.

Deposit match bonuses

One of the most frequent bonuses, a deposit match bonus, is a reward for adding a certain amount of funds to your account. You’ll be awarded cryptocurrency instead of cash if you choose a crypto casino.

Again, ensure you read the terms and conditions before you start. Users usually need to fulfill the terms before receiving or being able to withdraw any of the deposit bonus.

How to use crypto bonuses

So, the crypto casino bonuses look the same as standard casino bonuses.

  • But do they operate in the same way?
  • Or are there some slight differences to note?

Crypto bonuses differ slightly, as you’ll need to factor in currency conversions between your cryptocurrency and cash currency.

Since the majority of online casinos use Bitcoin, it’s advised that you know the current value of Bitcoin in your local currency. This currency conversion changes daily. To stay on top of your bankroll, you’ll need to monitor the fluctuations carefully.

Using cryptocurrency bonuses

 Ready to start your crypto casino journey? Follow these steps to get set up and ready to play.

  • Get cryptocurrency

If you don’t own any cryptocurrency, it’s time to buy some! You can’t play without your desired currency, so read online buying guides before purchasing. Explore Gemini and Coinbase, which are two popular crypto platforms for Bitcoin and other top cryptocurrencies.

  • Find the casino wallet address

To send your currency, you’ll need the casino’s wallet address. This will usually be in the website’s banking section.

  • Send your funds

Chosen your amount and found the correct address? It’s time to send your crypto funds to the casino. Go to the crypto exchange you’re using, enter the casino address, and confirm the transaction. This will typically take around 30 minutes to a couple of hours.

 The takeaway

Cryptocurrency casinos may be new, but their bonuses and promotional offers are similar to the traditional online casino format. Free spins, no matter the currency! Of course, bonuses and banking information may change between each website, so always read the necessary terms and conditions before you start.

Remember, it might be time to take a break when online gaming doesn’t feel fun anymore. Only gamble as much as you can afford to lose.

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