Crypto casinos let you deposit and withdraw in cryptocurrency such as Bitcoin. They are popular for speed and privacy, but they are offshore and not licensed in Australia.
Why players use crypto
Crypto deposits are near-instant and withdrawals are typically faster than bank transfers, often clearing in minutes. Some players also value the privacy of not sharing bank details.
The risks
These casinos are offshore and prohibited from offering services to Australians under the Interactive Gambling Act. The same lack of consumer protection applies, plus the added volatility of holding cryptocurrency and the irreversibility of crypto transactions. If something goes wrong, there is no chargeback and no Australian regulator to help you.
Read our legality explainer and treat crypto gambling, if at all, as high-risk entertainment within a hard limit.
Frequently asked questions
Are crypto casinos legal in Australia?
No. They are offshore and prohibited from offering casino games to Australians under the Interactive Gambling Act.
Why do people use crypto casinos?
For near-instant deposits and withdrawals and privacy, but these come with real risk and no Australian consumer protection.
Can I reverse a crypto casino deposit?
No. Crypto transactions are irreversible and there is no Australian regulator to help if something goes wrong.