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If you’d like your online wagering activities to stay completely private, it’s worth taking some time to check out whether a Monero casino might be your best option.
Monero has been around for several years, but it’s gaining traction in the online betting sphere thanks to its reputation for secure and anonymous transactions. In this guide I’ll be taking a look at what makes the asset so popular with bettors, as well as exploring the types of games you can play.
Even if you’re completely new to the whole cryptocurrency scene, you’re bound to have heard of Bitcoin. The first digital currency to go live, Bitcoin has become almost synonymous with crypto, so it’s usually the go-to option for casino players considering registering with a crypto casino.
But although Bitcoin set the standards for fast, private transactions back in 2009, there have been some major developments in cryptocurrencies since then. The much-publicised anonymous transactions can be traced to some extent, while fees can rise to extremely high levels during times of high network activity. Bottlenecks can frequently occur too, causing payments to be delayed, occasionally being held up for several hours.
Several alternatives to Bitcoin have launched over the intervening years, so it’s easy to source a Litecoin or Ripple casino, or just about any other of the most popular altcoins. But only Monero has truly addressed the privacy concerns, which is why it’s becoming an increasingly popular choice for online casino enthusiasts.
It can’t have escaped your notice how much financial institutions overstep the mark when it comes to giving you access to your own money. Banks and credit card companies often refuse to action casino deposits, and even when they do allow them, they’ll share that information with credit agencies, which could affect your overall credit rating.
Cryptocurrencies represent a way of swerving any interference or questions about how and where you deploy your own funds. And Monero casino sites offer the highest possible levels of privacy, thanks to sophisticated techniques that prevent anyone from identifying transactions.
Have you ever noticed how fast deposits are in comparison to withdrawals at online casinos? Whether you load up your account using fiat currencies or crypto, it’s usually an instant process, so you can choose your game and start playing pretty much immediately. But when it comes to withdrawals, banks and card issuers can make you wait several days for approval.
As the following table demonstrates, cryptocurrency transactions are settled much faster than fiat currency options. And once again, Monero comes out on top with a confirmation process that usually takes just 20 minutes to complete, making it a top choice for gaming fans.
Payment method | Minimum deposit | Withdrawal time |
---|---|---|
Monero | No minimum | 20 – 30 minutes |
Bitcoin | No minimum | 2 – 24 hours |
Visa | $10 or more | Up to 5 days |
Mastercard | $10 or more | Up to 5 days |
Bank transfer | $10 or more | Up to 10 days |
Whether we’re considering Monero or USDT casinos, safety and security should always be placed front and centre. Cryptocurrency markets are unregulated, which is part of their attraction, but that means you can’t afford to take any risks in terms of choosing a licensed and secure casino. You can save yourself time and trouble by checking out the Monero casino reviews here at GameChampions.com, all of which have passed stringent vetting processes.
The privacy and security features of Monero certainly make it an attractive option for bettors, but it’s not all plain sailing. There are a few downsides to be aware of – although whether they negate the positives completely is a matter of personal choice.
Although Monero isn’t quite as user friendly as some other altcoins, you shouldn’t have too much of a problem getting started. Just follow these steps and you’ll soon be ready to choose a game and start wagering at your preferred casino site.
This will be where you store your Monero, and it’s also needed for transferring your assets to and from your crypto casino account.
Now you’ll need to find a crypto exchange that permits trading in Monero – not all of them do, thanks to the asset’s strong links to criminal activity.
The reviews here at GameChampions are your top source of information about the overall experience at each safe and reputable casino offering Monero payments.
There’s usually an introductory offer for all new crypto casino customers, with the full details available right here – including any special promo codes required to unlock exclusive rewards.
Navigate to your player account and select Monero as your crypto of choice, then decide how much to deposit. Now it’s just a matter of browsing through the games library on your chosen platform and deciding which one to play first!
There may not be the biggest selection of online casinos that accept this particular altcoin, but you can rest assured that all the best Monero casino sites make sure they include all the popular games that their customers are most interested in playing. You can use your XMR to deposit and play options including:
All provably fair games are created using blockchain technology, offering fast and fun gameplay that’s perfectly suited to mobile gaming fans, as well as crypto enthusiasts. Built-in algorithms are available for players to inspect, so you can confirm the results of every game you play are completely legitimate.
I’ve avoided naming any specific XMR casinos because the digital currency landscape is constantly changing. Cryptocurrencies go in and out of fashion with alarming speed, and online casinos are constantly reviewing their payment options. So I’ve made a point of updating the page banners instead, to reflect the real-time situation regarding the top casinos offering Monero payments.
You can easily check out the full review of the Monero online casinos shown on this page, along with guides to claiming and using the welcome bonus offers. There’s even an occasional exclusive promo code to unlock additional rewards, with all the details clearly highlighted, so you never miss out on a thing. Just make a point of checking back in regularly, to find out what’s new for bettors who favour the use of Monero.
You certainly can, along with games of blackjack, baccarat and video poker too – not to mention a diverse range of slot machines covering every theme you could imagine. Check out my insightful guide here at GameChampions.com, then take a look at the banners to see all the latest promo deals and get ready to choose your ideal Monero casino.
The best Monero casino is the one offering a great selection of your favourite games, but the overall look and feel is important too. Check out my guide here at GameChampions.com, and read through the insightful XMR casino reviews to find out all about the games, the licences and security features, customer support options – and a few exclusive bonuses too!
Right here at GameChampions.com, where I regularly update the banners in my guide to reflect the top betting sites offering Monero payments, as well as a few exclusive promo codes to help you on your way. Whether you want to power your casino gaming with Monero, Bitcoin or Tether, I’ve got everything you need to know, including the pros and cons of each crypto payment option.
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.