Monero

Roadmap to Using Monero for Online Casino Deposits and Withdrawals

Gone are the days when Bitcoin was the only cryptocurrency payment method in online casinos and also the one that caused many questions. Today, there are more than seven established providers supporting peer-to-peer transactions in digital cash and Monero is the one that’s gaining traction the fastest. Why is it becoming so popular?

For starters, Monero is a payment method for online gambling that is safer than BTC, and it is also faster. Plus, while cryptocurrency wallets have initially been the cheapest way to deposit and withdraw online, Monero currently has the lowest rates. 

We have already tracked down quite a few established online providers that recently added Monero to their cashiers. Much to our content, these are all internationally-friendly places to bet and win accepting different geographies, including, among others, Australia and Canada. These are also all offering lots of slot machines, table games, and in certain cases, also live dealer games. 

Join us in discovering all the nuts and bolts of using Monero for online casino payments. Check the recommended brands and possible promotions, as well as a step-by-step guide to paying with crypto.

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Number of countries
1
Number of currencies
17
Number of casinos

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Best Monero Casinos

We are currently working on expanding a list of Monero-friendly online operators. Check the full list below or adjust the search filters to the preferred currency. 

Predictable, the network of 1xCorp holds leadership in delivering Monero-friendly games. This company is known among fans of gambling in digital currency for adding about every bit of crypto there is to the cashiers of its sites. The flagman of the network is 1xBet. It is a place to bet and win that exists online since 2011 and complies with the rules and regulations of the jurisdiciton of Curacao. In addition to 1,500+ games, it also has a poker room, a bingo room, a Sportsbook section, racebook, and exchange betting service.

Two of its sister sites, which are 1xBit and 1xSlots, also comply with Curacao and boast a diversity of games. There are multiple language adaptations (more than twenty), fast cashouts, low risks of non-payment, and good feedback from the registered members.

MegaPari is also among our recommendations. This gambling destination opened the doors to its online lobby in 2019. It has a permit from Curacao, as well as multiple betting options. Its content is adapted to several languages, and the lobby is home to games from Net Entertainment, Endorphina, Wazdan, Thunderkick, Red Tiger and Red Rake Gaming, to mention a few.

Powered by Slotland, CryptoSlots also as of recently accepts deposits and issues withdrawals in XMR. The platform was launched in 2018. It has licensing from the jurisdiciton of Anjouan and has all of its content available in English.

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Galaxy.bet Casino
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Owner: Galaxy Group Ltd
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CryptoSlots Casino
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Owner: Slotland Entertainment S.A.
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  • Slots:12
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    Live dealer games are not available. Click the icon for more details.
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Monero Facts and Figures

Introduced in 2014, Monero is a cryptocurrency also known under the abbreviation XMR. Initially named BitMonero and then shortened to Monero, it is not as popular as Bitcoin, Litecoin, or Ethereum, but it definitely has its benefits when compared to the pillar currencies that started the peer-to-peer decentralized movement.

For starters, it has higher security than BTC. Its creators noticed than when the owner of the BTC wallet shares the address of the wallet during the transaction, it becomes visible to anyone. In Monero, the developers introduced so-called ring signatures. This means that a transaction is mixed with others and no one can link to the address of the e-wallet.

Monero’s second strong selling point is the fact that its transactions are faster. BTC is notoriously known for having long waiting lines during peer-to-peer fund sending, and Monero seems to have fixed the issue. Finally, the fees here are even lower than within the Bitcoin network.

What are Monero’s downsides? It is still not as popular hence you won’t find many online operators offering it. Also, like any digital currency, this one is also volatile and there are certain risks with its value either going up or dropping dramatically. Finally, should you type in the wrong address, your funds will get lost in the network and you won’t be able to get them back.

To get started with Monero casino deposits, you will need to register an account with the casino as well as claim an XMR e-wallet. You can either mine the cryptocurrency, buy it at online marketplaces, or convert within the e-wallet.

Name

Monero

Type

EWallet

Year Founded

2011

In casinos for depositing

17

In casinos for withdrawal

10

Company name

Monero

Website

http://monero.org/

Countries

Ukraine, United States, Russia, United Kingdom, Costa Rica, Gibraltar, Afghanistan Show All

Processiong time

0

Best Monero Bonuses

Each of the websites listed on this page offers plenty of great welcome bonuses and ongoing promotions. For instance, when becoming a newbie at 1xBet, you will be entitled to a 100% cash match on the initial deposit. The rollover requirements are 40xB. Slot machines will contribute 100%, and other T&C apply. The deal is non-cashable.

When getting started with FortuneJack, you can check out their 110% cash match, which is available in crypto. The wagering requirements are 40xB. There is also a hefty welcome at RTG-powered Casino Brango. The deal covers fie initial deposits. The cash match is between 100% to 25%, and it is cash and bonus spins. The rollover requirements are 50xB.

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FREQUENTLY ASKED QUESTIONS

Despite being less popular, Monero has lots of benefits when compared to BTC. Fully anonymous and secure transactions with your wallet not being publicly exposed, as well as faster send-receive services and low fees are among them.

Cryptocurrency has become the go-to payment method for thousands of players who acknowledged its speed and budget-friendly services. Monero deposits and withdrawals at online casinos are significantly cheaper than services from PayPal, Skrill, or Neteller. You are not even required to cash out from the wallet once you receive your wins, and can continue spending money online, which saves a lot of money in processing fees in the long run.

For starters, you will need to find an online operator compatible with Monero, and register an account with it. The next steps are:

 

  • Head to Monero’s official website and download the GUI wallet. It is a service free of charge.
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  • Pick the preferred language, the name for your wallet, and a password.
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  • Click the Use Monero button to get synchronized with the blockchain.
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  • Load your e-wallet with XMR by either buying some at official marketplaces or within the e-wallet.
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You’re all set to play online.

From the account, head to Deposits, choose Monero, and get the address of the casino’s wallet. Insert it in your Monero and confirm the transaction. For cashouts, insert your wallet’s address in the Withdrawals section of the casino. During both transactions, make sure you type in the right wallet address.