The Best Slots Casinos with Cryptocurrency in India 2024
Cryptocurrency, also known as digital currency or virtual currency, is a form of digital or virtual money that uses cryptography for security and is decentralized, meaning that it is not controlled by any central authority, such as an Indian government or Indian financial institution. Cryptocurrency is created, transferred, and managed using blockchain technology, which is a decentralized, digital ledger that records transactions on multiple computers. Many online slots casinos now became crypto-friendly, which means that you can place your bets and enjoy playing your favorite casino and slot games by paying with crypto. Among the top coins, accepted by online casinos, you will find BTC, ETH, LTC, etc. If you are a crypto enthusiast, read the article below to find out more on how to utilize your crypto with gambling industry!
Top 10 Best Slots Casinos and Apps with Cryptocurrency in India
Using crypto for betting is easier than most people think. If you have a crypto wallet you can start betting in minutes with no need to go through the same hoops as with traditional betting. If you consider yourself a crypto-lover and also enjoy playing casino games, here is the list of online casinos and slots apps where you can pay with crypto.
150% up to INR 105,000
up to 155,000 INR + 290 FS
125% up to INR 34,000 + 250 FS
500% up to INR 145,000
up to INR 130,000 + 150 FS
up to 136,100 INR + 150 FS
up to INR 132,000 + 150 FS
200% up to INR 100,000 + 75 FS
700% up to INR 40,000
100% up to INR 20,000 + 250 FS
Pros and Cons of Cryptocurrency Payment Method
Below you can find the benefits of using Cryptocurrency as a payment method in your gambling practice.
|Zero transaction fees
|Tough KYC verification procedure
|A lot of password to keep in mind required
|You can’t file a complaint in case money was sent to a wrong address/ recipient
|Transparent money transfer
|Instant withdraw & Deposits
|Protect against fraud
|Is not controlled by any central authority
|Accepted by bookmakers
Details About Cryptocurrency Account
Cryptocurrency account is considered to be most independent and secure account type of all the online payment methods currently available at the gambling market. Your crypto account uses cryptography to secure transactions and protect against fraud and counterfeiting, and the blockchain is a decentralized, digital ledger that records all transactions on multiple computers. This makes cryptocurrency secure, transparent, and auditable. In contrast, usage of e-wallets can be risky, as it often involves government screening of unclear transactions. The termination of ‘clarity’ is determined by the banks’ employee on their own, and you can’t predict how long it will take to transfer your money to your bank account via any e-wallet.
How to Deposit Money on Slots Casinos with Cryptocurrency
To deposit crypto to your online casino wallet you need to have a registered crypto account as well as account in the casino, which accepts cryptocurrency as a payment method. Read the guide below.
Setting Up a Crypto Account
- Download App of crypto platform, such as Binance, Bitcoin Exchange, Gemini, MEW wallet, ByBit.
- Start registration process with the crypto platform.
- Fill in the fields with your personal data required.
- You will receive a key, generated by the crypto platform to access your wallet.
- Deposit money to your crypto wallet.
Making a Crypto Payment to Online Casino
- Log in to your online casino account or register a new one.
- Go to the ‘Deposit‘ section.
- Find ‘Crypto’ deposit method. Note, that many online casinos specify particular crypto coins (BTC, ETH, LTC, etc).
- Insert the address of your crypto wallet. This can be found in the ‘details’ section of your crypto wallet.
- Follow further instruction of online casino to finish.
How to Withdraw Money to Cryptocurrency?
To withdraw you casino money to your Cryptocurrency wallet, you need to:
- Log in to your online casino account.
- Go to the ‘Withdrawal‘ section.
- Find ‘Cryptocurrency’ withdrawal method (including BTC, ETH, LTC and other specialized crypto coins).
- Paste the address of your crypto wallet.
- Enter the withdrawing amount.
Cryptocurrency Deposit and Withdrawal Times
The most distinctive advantage of using cryptocurrency as an online payment method is that all transactions are proceeded instantly, whether it is deposit or withdraw to and from online casino.
Is Cryptocurrency allowed in India?
As at 2024, cryptocurrency is not controlled by any central authority, such as a government or financial institution, and it is created, transferred, and managed using blockchain technology. Indian government has not yet formed a clear regulatory framework for cryptocurrencies. In 2018, the Reserve Bank of India (RBI) banned regulated financial institutions from dealing with cryptocurrencies. However, this ban was overturned by the Supreme Court of India in 2020.
Are There Any Withdrawal Limits for Crypto?
Limits are set by online casinos individually. Indian law is not regulating cryptocurrency money flows in legal aspect.
My Account at Cryptocurrency was suspended. What should I do?
Contact support team of the crypto platform and file a complaint of suspension. Usually, account’s limitation is connected with the need of passing identification procedure twice. Once you will provide additional data to the Customer service, your account will be reactivated.
How can I check the status of my transaction?
You can check the status of your transaction directly in the crypto app. We also recommend you to check the final address of the recipient of your transfer to make sure you’ve sent money to a correct recipient.