The Best Crypto Casinos in NZ 2023
Cryptocurrency casinos are online casinos that accept Bitcoin and other forms of cryptocurrency as payment instead of cash. Most online gamblers believe that cryptocurrency gives the most anonymity, which equates to online gambling safety. Most online crypto casinos follow the same rules and guidelines as land-based casinos to ensure a safe gambling experience for all consumers.
Cryptocurrency is a decentralized digital currency used instead of cash in trade for goods and services. As it is decentralized, it is sent directly between the consumer and the receiver, canceling the need for banking services.
Top Casinos That Offer Crypto 2023
Check out our list of the best and trusted cryptocurrency casinos in New Zealand.
Gamblers enjoy the fastest transactions using crypto casinos. Some of the best advantages of using cryptocurrency are the following:
Very low deposits and very high withdrawals
Depending on the crypto gambling site, you can deposit at least a minimum of NZ$4 and withdraw a maximum of six figures.
Fast and Safe Transactions
Crypto transactions take just minutes. You no longer have to wait 3 – 5 business days for the bank to process your transactions. Cryptocurrency is as close to instant as you are ever going to get.
Along with that speed, crypto transactions are the most secure as they are registered on a public distributed ledger known as the blockchain. It is accessible by anyone, but your personal information is encrypted.
You don’t need to provide your information with every transaction, which minimises your exposure to hackers and other online fraud opportunities. Cryptocurrency also has the added advantage of being a global currency, making it easy to use anywhere in the world.
Bonuses and Promotions
Be on the lookout for cryptocurrency sign-on bonuses for depositing in crypto. Crypto casinos offer free spin bonuses or bonus money that can be used to bet on specific games. Be sure to read the terms and conditions, as the rewards might be limited to certain games or frequency of deposits.
Disadvantages of Crypto and Bitcoin Gambling
Crypto casinos and other casinos that accept cryptocurrencies are still few and far between. Even though it is increasing in popularity, you will have to make sure you do your research to confirm that they accept cryptocurrencies.
Cryptocurrencies also tend to be volatile currencies. The exchange rate can move very quickly, and you can lose a lot of money if it is moving against your currency.
Cryptocurrency transactions might take longer, as some casinos process transactions manually for security reasons. Be sure to check your favourite online casino’s crypto deposit and withdrawal times before betting.
Doing your research will ensure you find the best crypto casino where you can enjoy your gambling and be safe. We’ve done this for you, so let’s look at what makes an excellent crypto casino.
Staying Safe While Bitcoin Gambling
Understanding how crypto gambling works will help you navigate this gaming arena to make the most fun out of the experience. Crypto gambling falls into two categories: online casinos that only accept cryptocurrency exclusively and casinos that accept other currencies as well.
To play at an exclusive crypto casino, you have to have an active crypto wallet and then register and play at the casino. The opportunities to win are ample when you take advantage of the exciting bonuses and promotional offers.
Crypto and Bitcoin Casino Bonuses
Online casinos are now introducing special cryptocurrency sign-on bonuses and promotions to encourage the use of crypto gambling.
Any reputable casino should offer you loyalty rewards as a thank you for your continued business. Loyalty programs include mega prizes, from free spins, cash prizes and even VIP assistants, allowing you to kick back and get the most enjoyment of your prefered online crypto casino.
Each crypto casino has the right to accept its chosen cryptocurrency. The player is responsible for finding out what currency is accepted at their favourite online casino. Below is a list of the most popular cryptocurrencies currently being accepted:
- Bitcoin Cash
- Bitcoin Satoshi Vision (SV)
- Binance Coin
A crypto wallet is the keeper of the private keys you use to access your cryptocurrency from the blockchain. They also allow you to send, receive and spend your cryptocurrency. They come in many forms, from hardware wallets that look like a USB stick to mobile apps. Crypto wallets enable you to use cryptocurrency as quickly as shopping online with a credit card.
How to Deposit and Withdraw Funds
Select the Wallets tab from the left menu to deposit in your Bitcoin account. Now, select the currency you want to add. Choose the Deposit option and copy the cryptocurrency address you wish to deposit from. The deposit will be added to your account after receiving the necessary confirmations from the network you are using.
To make a withdrawal:
- Select the Wallets tab.
- Choose the appropriate currency and select the Withdrawal function.
- Enter the recipient’s address and transfer the amount.
Always double-check the recipient’s details as crypto transactions cannot be reversed like a regular bank.
Slot games are the mainstay of any good online casino, and crypto casinos are no different. A slot game operates on a generated algorithm that allows players to win randomly. This technology limits the possibility of screwing with it or cheating. Slots come in various options, from classic five-reel layouts to progressive slots, 3D slots and VR slots, to name a few.
Online slots allow for substantial earning potential and many rewards for the players. Slot players are rewarded with free spins, as well as returning players who earn loyalty points.
Roulette is one of the most popular table games at online casinos and it is easy to learn. There is a wheel with numbers and bets on the table for those numbers and where the ball lands on the wheel after spinning will determine the winning wager/wagers. Roulette is an exciting game that allows players to test their luck and try out various strategies.
The game has three main versions in American Roulette, French Roulette, and European Roulette. There are also many other varieties of the game such as Mini Roulette, Double-ball Roulette, and Lightning Roulette to just name a few.
Blackjack has a reputation as the most popular crypto casino table game. Blackjack is a rather simple game based on decision-making, where you play against the dealer (house) to get 21 or as close to it without going over.
Classic Blackjack is the most common version but others are available, like Single Deck Blackjack, Perfect Pairs Blackjack and Chinese Blackjack.
Poker is a very popular card betting game played at crypto casinos. When playing online poker, you play against a casino software player. Live games are also available where you play against real players with a live dealer.
Good crypto casinos will offer poker tournaments to test your skill and give you the chance to win big. . Each crypto casino will have various poker variations giving its players choices.
Baccarat is also one of the most popular casino games and it is the game of choice for 007 James Bond. The simple game has luck and risk involved and at many crypto casinos there are live baccarat games and in those it is critical to know your opponent.
Most online crypto casinos offer craps, which uses a Random Number Generator (RNG) that simulates the randomness of throwing the dice. The aim is to guess which number will be rolled, and the one who guesses correctly wins. The money is made by placing bets on the odds of the dice landing on the predetermined winning value. Many crypto casinos also offer live craps for a more immersive gaming expereince.
Horse racing has been around since someone decided to mount one and see how fast it can go. You can bet on conventional live horse racing events through your usual crypto casino or take it one step further and start investing crypto in your nonfungible token (NFT) racehorse. These NFT horses have become highly sought after, and you can build your bloodline through breeding or racing your winning horses. You can also bet on NFT horse racing through crypto casinos.
Like horse racing, regular animals are replaced by NFT race dogs. While greyhound racing is not as popular as it once was, alternative NFT dogs are being launched in the crypto market. Most crypto casinos have greyhound racing on offer.
The lottery is a game of chance where you pick your lucky numbers and hope you get them right. Reputable crypto casinos offer lotteries, which range in type of game and prizes.
Each crypto casino will have a list of which cryptocurrencies they accept. Most crypto casinos only deal in the top five most popular currencies. With some research you might find a crypto casino that accepts your preferred cryptocurrency.
Provably Fair Crypto Casinos
Fair crypto casinos are judged by external websites that review the crypto casino’s activities. These websites are all over the internet. Reviews about your chosen casino are also available on the internet from a variety of sources.
Providing top quality customer service is one of the most important aspects of a successful crypto casino. The money is in the returning players, and good customer service ensures the players’ return.
Crypto casinos need to stick to the rules. Gaming laws protect the casino and the players, and respecting them makes it easier for everyone to enjoy the gaming on offer. Providing 24-hour online support is essential for any crypto casino to make it through the first year of business. This allows players to get assistance whenever they need it.
Friendly and knowledgeable staff will make players feel more comfortable reaching out for help. Resolve players’ complaints fast and efficiently. Players should also have recourse to the Better Business Bureau should they feel unsatisfied with the crypto casino’s complaints process.
Respond to online reviews of your casino, even if the review is negative. Potential players will notice that the customer service is active, paying attention to what the players are saying, and being involved in promoting the crypto casino’s image.
Terms and conditions
Please note that each and every crypto casino has its own set of terms and conditions. There are general points that are similar across the board, with most variations occurring in regulating how sign-on bonuses and promotions are structured.
It is advisable to read the t’s and c’s of your crypto casino of choice. Websites are also dedicated to reviewing crypto casinos to ensure they are legitimate and not involved with fraudulent activities. Do your research before depositing any funds.
You’ve researched and settled on a crypto casino that gives you all the fuzzy feelings. Now you can open your account and start playing.
- Open a cryptocurrency wallet
- Buy some coins
- Pick a crypto casino you want to play with
- Make your deposit
- Pick a game and play
Most crypto casinos will even assist you in opening your wallet and buying coins in your chosen cryptocurrency. Seasoned crypto casinos will also feature a coin exchange where you can change your cryptocurrencies.
Crypto Casino Key Facts
- Crypto casinos are online that accept cryptocurrencies as a banking method for deposits and withdrawals.
- Crypto casinos use blockchain technology, which allows you greater privacy and anonymity in using your cryptocurrency or altcoin.
- Crypto casinos offer a large variety of games, with the most popular being slots, poker, blackjack, and other live dealer games.
- Crypto casinos are faster regarding withdrawals, with the added bonus that your information is more secure than at a regular online casino.
- Most crypto casinos accept Bitcoin, Ethereum, and Litecoin, to name a few.
- Some crypt casinos might even offer their altcoin token for use by the player to qualify for casino-specific specials and promotions.
- Crypto casinos are primarily licensed out of Curacao or Malta, and your crypto casino should have proof of licensing available on its website.
- An average of 70 crypto-friendly casinos are in operation worldwide.
- The average house take at a crypto casino is around 2%, which changes determined by the games played.
Crypto casinos are growing in popularity at an alarming rate and players are beginning to enjoy their rise to stardom. Land-based and regular online casinos have also seen the signs and are incorporating cryptocurrency into their approved list of currencies accepted at their tables and slots. When in doubt, ask. Your chosen online or crypto casino will be more than willing to assist you in spending your cryptocurrency.
Some of the most frequently asked questions about crypto casinos, cryptocurrency and playing at crypto casinos:
Can I Win Actual Money When Playing With Online Crypto Casinos?
Yes, while you play with cryptocurrency, your gaming site will assist you in exchanging your cryptocurrency into fiat currency.
Are Cryptocurrencies Considered a Safe Payment Method?
Cryptocurrencies are considered safer than regular credit cards, as the encryption at the blockchain is more effective than your local bank.
What Is the Highest Amount of Cash I Can Withdraw Using Crypto?
Withdrawals of cryptocurrency are limited to NZ$ 50 000/day.
What Types of Cryptocurrencies Currently Exist at Crypto Casinos?
For details about which crypto currencies your chosen crypto casino accepts, they should have a list of currencies that are accepted on their website. The top ten cryptocurrencies, also known as altcoin (alternative cryptocurrency), that are accepted at crypto casinos are Bitcoin, Ethereum, Litecoin, Dogecoin, Bitcoin Lite Tether, USD Coin, Binance Coin, XRP and Binance USD.
What Does a Crypto Wallet Address Refer to?
A crypto wallet address is a digital address you use to send and receive crypto transactions. It’s almost the same as an email address but connects to the blockchain, which serves as the reserve for your funds.
What are the benefits of using a crypto casino?
Crypto casinos offer much better security and privacy than regular online casinos. As the blockchain technology used with cryptocurrencies is very secure and transparent, it is much safer to use than traditional banking institutions. Crypto casinos also offer lower fees than regular casinos.One of the main benefits is that the withdrawal process is often much quicker.
How is my identity verified with a crypto casino?
You must first register with a crypto casino and open an account. You will then be asked to supply personal information that includes your name, birthday and address. Then you submit proof of identification by uploading copies of documents such as a recent utility bill or a recent tax form.
How do you know if a crypto casino is reputable?
A reputable crypto casino should be licensed and regulated by a recognized gaming body , and that information is available on the casino’s information page. You can also read reviews about the casino, giving you an excellent idea of what kind of casino you are dealing with.
Who regulates crypto casinos?
There is no official regulation for crypto casinos, but the Malta Gaming Authority has set some rules and regulations about owning and running a crypto casino. Other authorities, like the UK Gambling Board and the Gibraltar Gambling Commission, also license crypto casinos. . However, not all good crypto casinos have a license but if it does you can be sure that it is a safe place to gamble.
Wayne has been writing about iGaming news and sites for several years, with a particular focus on New Zealand casinos. His background includes being an English teacher, and a professionally-published writer/editor for over ten years.More Articles From The Author