Best Monero Casinos To Try In 2023
Are you searching for the best Monero Casinos that offer top bonuses in 2023 or simply want to learn more about Monero payments? Look no further – we have all the info you’re after.
- Monero Casinos – Who Accepts Monero?
- What is Monero?
- Monero Wallets
- Monero Faceuts – Should You Use One?
- Monero at Online Casinos
- Advantages and Drawbacks of Using Monero at Online Casinos
- Bonuses at Monero Casinos
- Top Bonuses at Monero Casinos
- Games at Monero Casinos
- Anonymity and Security at Monero Casinos
- Monero versus Bitcoin, Ethereum and other crypto coins
- Should You Choose Monero Casinos?
Monero Casinos – Who Accepts Monero?
Welcome Package up to 6 000 USDT / EUR
Up to 7 BTC
100% up to 1 BTC + 10 Free Spins
€110 Welcome Bonus
What is Monero?
Monero or XMR is a popular cryptocurrency launched in 2014 that offers its users safe storage in a wallet and fully anonymous transactions online.
Monero encourages users to be their own bank, therefore they can control every aspect of their transactions (either maintain them private or make them visible to friends via a special view key).
Currently ranked #28 on the coinmarketcap, with a market cap of $2,427,903,880 USD, it is a trusted cryptocurrency that is being traded at a high volume worldwide on popular exchanges such as Kraken or Binance.
Because it is a decentralized payment solution, in order to use it, you need a Monero wallet. Monero functions as electronic cash that enables you to make transactions censorship-free from many different devices, which is why you should choose the wallet that best fits your needs.
- GUI Wallet – the most easy to use solution, allows you to send and receive Monero and also convert your coins into fiat, with an interface available in 30+ languages.
- CLI Wallet – for more advanced users who have some programming skills, it allows remote notes, bootstrap notes and transactions over TOR private browser.
- Mobile & Light Wallets – these allow you to exchange and pay with Monero on the go or connect to hardware wallets.
- Hardware Wallets – Monero is compatible with the most secure hardware wallets on the market such as Trezor and Ledger and they are also currently working on developing their own hardware wallet, Kastelo.
Monero Faceuts – Should You Use One?
Monero faucets allow users to earn XMR hassle-free for doing simple tasks such as solving captchas. Usually, the amount of free coins you can gain is rather small, so they involve a lot of time spent by the user to gather a significant sum.
Some faucets may also impose time limits (e.g. be able to claim XMR once in an hour) or mine the coins for you if you use a PC.
If you’re looking for a Monero Faucet, some of the most popular are Express Faucet and Monerofaucet.info.
A Monero Faucet can be a good option for a casino player if they want to avoid the hassle of using Monero exchanges. Some faucets also come with storage options.
Monero at Online Casinos
Monero Gambling is rapidly gaining ground on the market, with so many large operators supporting it as a viable payment method, alongside the largest crypto players in the world, Ethereum and Bitcoin.
More and more players are switching from traditional FIAT casinos to Monero Casinos to avoid revealing their banking data and stay fully protected when topping up their accounts.
Depositing at Monero Casinos
Here's the lowdown on depositing at Monero Casinos:
- Make sure you have a valid Monero wallet (the safest options to go for are those we mentioned above from the official creators of the coin).
- Visit the casino’s cashier or payment section and select “Monero” from the available options.
- You will find a unique wallet address – you need to send money from your wallet to that address.
You can buy Monero with various FIAT currencies like US Dollars, Euro etc. However, beware of the volatility – like all crypto, the value can go up and down fast, so try to buy at a low price. Deposits are usually instant and require minimal or no fees.
Withdrawing at Monero Casinos
To withdraw your funds safely, we recommend using your own Monero wallet for better control, instead of a crypto exchange. Here's how you do it:
- Select “Monero” from the available withdrawal methods and fill in the address of your wallet in the empty slot.
- Make sure you verify all of your details carefully before withdrawing as the transactions are irreversible.
- Withdrawals are then confirmed within minutes but, depending on the casino, processing might take a bit more until you actually see the funds back in your wallet.
Advantages and Drawbacks of Using Monero at Online Casinos
Although Monero Casinos are not as popular as other cryptocoin casinos yet, the coin is rapidly catching up. Here are some top reasons to choose it and some drawbacks to look out for:
- Completely private deposits and withdrawals, since it doesn’t use blockchain technology.
- Small or nonexistent payment fees.
- Instant deposits.
- Withdrawal requests are processed quick.
- No need to share ID and other personal details.
- Monero is accepted by many large operators.
- Volatility levels are high – if value decreases rapidly, you'll lose money.
- Not all casinos accept it.
- Geographical restrictions to it.
- Lengthy deposit process.
- Some bonuses might not be available if depositing with Monero.
- Game offer at Monero Casinos might be more limited.
Bonuses at Monero Casinos
Some of the most common bonus types found at Monero Casinos are:
- Welcome casino bonuses (typically awarded in BTC, equivalent in XMR or FIAT money).
- Free spins to play on the most popular slot games.
The above are usually awarded to new players. Recurring players may also get VIP privileges and rewards such as an online loyalty bonus for large bets placed on the platform. If you choose Monero Gambling, you may get also get a no deposit bonus, but they are rarer to find.
Top Bonuses at Monero Casinos
Games at Monero Casinos
The offer at Monero Casinos is not that different from that of a standard online casino, however provably fair dice games and crypto titles are usually more popular here.
Depending on the operator and your location, you might run into issues such as smaller total number of titles you can try or bonuses you’re eligible for, but it’s not always the case.
Typically, you will find all the titles you’re used to, from classic slots like Starburst, to slots with progressive jackpot like Mega Moolah, table games (classic or live dealer roulette) or card games (blackjack, baccarat, video poker).
Monero casinos also have live casino options, with varying numbers of roulette and card game types. Some Monero Casinos also have mobile optimization, apps and/or a modern interface, so you can enjoy your favourite mobile slots on the go.
Anonymity and Security at Monero Casinos
In terms of protection and confidentiality, Monero Casinos are among the safest you can go for.
Players prefer Monero because transactions are fully private. This is ensured via multiple layers of encryption such as stealth addresses (the destination of the deposit or the casino’s platform is hidden) and ring CT technology (the sum transferred by the player is hidden).
Moreover, the IP address from which the user transfers is also made untraceable, irrespective of the device used. Monero further adds ring signatures, mixing a user’s transaction with another user’s address so no one can trace a casino deposit back to you or steal your private information.
Monero versus Bitcoin, Ethereum and other crypto coins
Some players and technology enthusiasts prefer Monero Casinos over the Best Bitcoin Casinos or Top Ethereum casinos since Monero transactions are practically untraceable. In the case of the other two, every transaction you make gets recorded on the blockchain, they are verifiable by authorities at any given point in time and can be traced back to the user.
Monero functions differently by using cryptography and multiple layers of encryption – in this way, both the sender, the receiving address and the sum transferred are hidden.
There is also a larger possibility for hackers to target the biggest crypto players on the market, as opposed to altcoins. It’s enough to search the term “Bitcoin Scams” on the internet to understand why casino players are starting to prefer altcoins, instead, for added security.
Another advantage is Monero’s fungibility, meaning two similar XMR units are interchangeable and can substitute each other. Monero cannot be blacklisted, which is not the case with Bitcoin.
Should You Choose Monero Casinos?
If you’re a crypto enthusiast or simply want to stay as safe as you can be when gambling online, Monero’s technology is definitely worth looking into.
With the standard perks such as no deposit bonuses, free spins and the added anonymity and security of a coin with large marketcap, it’s easy to understand why Monero Casinos are gaining so much popularity on the crypto gambling scene.
Yes. Usually, Monero is used only by large and respected cryptocurrency casinos with a verifiable license issued by Maltese, UK or Curaçao authorities. If you have any doubts, look for the license number and regulatory body of the casino and make sure the platform is protected by safe connection (https).
You can also use popular exchanges like Kraken or Binance that allow you to buy Monero with fiat money then transfer it to the casino, but we recommend using a Monero wallet for added safety.
Yes. Once a transfer has been completed, if you inserted a wrong wallet address, all funds are lost.
It depends on what you’re looking for and what your goals are, if you’re after a diverse games selection or simply a modern interface. Some Monero Casinos are known for their dice games, while others come up with huge jackpots or bonuses given in Bitcoin. Check out our recs above.
Some of the best we’ve seen are welcome bonuses received in Monero or other cryptocurrency (they save you the hassle of exchanging back to FIAT), lower house edge (many Monero Casinos offer it for roulette or dice games, for example) or generous VIP programs.
Yes. Monero is completely safe to use, provided that you choose a reputable casino. It has multiple layers of encryption in place and no way to trace the transaction back to the user unless they’ve given you a special view key.
Yes. You only need to insert your wallet’s address.
It depends on the casino. Each crypto casino has their own limits but the lowest deposit accepted is typically between 10-25 USD.
Some people argue that it is, due to the fact that is uses very complex algorithms to maintain fully anonymous transactions, which isn’t the case with Bitcoin, as the latter uses blockchain technology. That means, if there are fraud suspicions, government or authorities can verify all stored transactions on the blockchain.
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