The best crypto bonuses are those which apply to Bitcoin, Ethereum, and many other altcoins. US online crypto casinos now support multiple banking methods besides Bitcoin. Even better, they provide huge crypto deposit bonuses for players who fund their accounts with crypto.

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Keep reading to learn why players flock to crypto deposits. Study the many crypto payment methods available online. Learn how to make a first deposit and receive a huge crypto bonus, then learn how to cash out winnings using crypto payouts. First, let’s look at why crypto deposits are so popular.

Why Deposit with Crypto?

  • Crypto Deposits are Safe: Blockchain technology is transparent. Everyone can see the transactions. At the same time, crypto is more private. The deposit is tied to a number instead of your name.
  • Crypto Deposits are Fast: Verification slows down payments with credit cards, debit cards, and bank wire transfers. Because crypto is safer, verification is faster. That makes crypto a faster payment method.
  • Crypto Bonuses are Bigger: Because casinos save on transaction fees, they encourage players to use Bitcoin and its rivals by offering bigger welcome bonuses and reload bonuses. It pays to use crypto.
  • Crypto Deposits are Decentralized: Cryptocurrencies are not tied to a national bank or a national currency. Players have more control, which maintains their privacy.
  • Crypto Allows Smart Contracts: Crypto serves players’ needs in more ways than one. Smart contracts offer the possibility of bets made with lower overhead, thus allowing for better odds on games.
  • Many Crypto Deposits are Available: A huge range of crypto deposit methods now exist. Keep reading for the big list.

Best Crypto Payment Methods at US Online Casinos

  • Bitcoin: The first and most well-known cryptocurrency, Bitcoin operates on a decentralized network and offers fast, secure, and anonymous transactions.
  • Litecoin: A digital currency that is similar to Bitcoin but with faster transaction times and lower fees, making it a popular choice for online payments.
  • Dogecoin: Created as a joke in 2013, Dogecoin has gained popularity among cryptocurrency enthusiasts and is known for its low fees and fast transaction times.
  • Dash: A privacy-focused cryptocurrency that offers instant transactions and low fees through its innovative Masternode network.
  • Ethereum: A decentralized platform that enables developers to create decentralized applications and smart contracts, with the currency used to power these applications being called Ether.
  • Bitcoin Cash: A hard fork of Bitcoin that aims to increase the transaction speed and capacity of the original network, making it a popular choice for online transactions.
  • Ripple: Designed for fast and secure global transactions, Ripple enables banks and financial institutions to make cross-border payments quickly and easily.
  • Bitcoin SV: A hard fork of Bitcoin Cash, Bitcoin SV is focused on increasing the block size limit to enable faster and cheaper transactions.

Crypto Bonus Glossary

CRYPTO TERM

DEFINITION

Bitcoin The first and most well-known cryptocurrency.
Bitcoin Cash A hard fork of Bitcoin that aims to increase transaction speed and lower fees.
Bitcoin Exchange A platform where users can buy and sell Bitcoin with other currencies.
Bitcoin SV A fork of Bitcoin Cash that aims to restore the original Bitcoin protocol.
Bitcoin Wallet A digital wallet used to store, send, and receive Bitcoin.
Blockchain A decentralized, digital ledger that records transactions.
Cryptocurrency A digital or virtual currency that uses cryptography for security.
Crypto Short for cryptocurrency.
Crypto Address A string of letters and numbers used to send and receive cryptocurrency.
Crypto Exchange A platform where users can buy and sell cryptocurrencies.
Crypto Wallet A digital wallet used to store, send, and receive cryptocurrency.
Dash A cryptocurrency that emphasizes speed and privacy.
Decentralized A system that is not controlled by a single entity or organization.
Ethereum A decentralized platform for building smart contracts and decentralized applications.
Private Key A secret code that allows access to a cryptocurrency wallet.
QR Code A two-dimensional barcode used to store and transmit information, including crypto addresses.
Crypto Supply The total number of units of a specific cryptocurrency that exists.
Litecoin The first major challenger to Bitcoin. A cryptocurrency that aims to be faster and cheaper than Bitcoin.
Market Value The total value of a cryptocurrency, calculated by multiplying the price by the number of units in circulation.
Ripple A cryptocurrency and payment protocol designed for fast, low-cost global transactions.
Smart Contracts Self-executing contracts with the terms of the agreement written into code.
Wallet Address A unique identifier used to send and receive cryptocurrency from a wallet.

How to Make Crypto Deposits at Online Casinos

  • Go to the Casino Cashier: First, log in to your online casino account and navigate to the cashier section of the website. This is where you can deposit funds into your account.
  • Choose a Crypto Deposit Type: Look for the option to deposit funds using cryptocurrencies such as Bitcoin, Ethereum, Litecoin, or Bitcoin Cash. Choose the cryptocurrency you want to use.
  • Enter the Deposit Amount: Enter the amount of cryptocurrency you want to deposit into your account. Make sure to double-check the amount to avoid any mistakes.
  • Make a Desktop Deposit: If you are using a desktop or laptop computer, copy the casino’s wallet address and paste it into your crypto wallet’s “send” field. Then, enter the amount of crypto you want to deposit and click “send.” Your deposit should be processed within a few minutes.
  • Scan QR Code for Mobile Devices: If you are using a mobile device, you may be prompted to scan a QR code to complete your deposit. Open your crypto wallet and scan the code using your device’s camera. Then, confirm the deposit amount and click “send.”
  • Make Sure the Blockchain Confirms Payment: After completing your deposit, the transaction will need to be confirmed by the blockchain network before it can be credited to your account. This can take a few minutes or longer, depending on the blockchain network’s congestion level. Once the payment is confirmed, you should see the funds in your casino account.

How to Make Crypto Withdrawals at Online Casinos

  • Log In: Log in to your online casino account with your username and password.
  • Visit the Cashier Page: Navigate to the “Cashier” or “Withdrawal” page, usually located in the main menu or account settings.
  • Choose Crypto Withdrawal Type: Select the option for withdrawing using cryptocurrency. This may be labeled as “Bitcoin”, “Ethereum”, “Litecoin”, or another type of cryptocurrency.
  • Type in the Public Wallet Number: Enter the public wallet address to which you want the funds to be sent. This is typically a long string of letters and numbers that uniquely identifies your crypto wallet.
  • Wait for Verification: The online casino may require you to verify your identity before processing the withdrawal. This could include providing documentation such as a government-issued ID, a utility bill, or proof of ownership of the crypto wallet. Wait for the verification process to complete.
  • Check Pending Time on Cashier Page: After verification, the withdrawal request will be sent to the casino’s payment team for processing. Check the “Pending” or “Processing” time on the Cashier page to see how long it will take for the funds to be sent to your crypto wallet.

Crypto Bonuses Online Sportsbooks FAQ

Can I bet on sports with Bitcoin?

Yes, you can. Many US online sportsbooks offer huge Bitcoin bonuses when bettors make a first deposit. Let’s say you deposit $200 into your new online sports betting account. If the sportsbook has a $200 welcome bonus offer at 50%, then you would receive another $100 in your account (50 cents in bonus cash for every $1 deposited using Bitcoin).

The game applies not only to Bitcoin, but also to other crypto deposit methods: Litecoin, Ethereum, Bitcoin Cash, and Bitcoin SV often are supported. Americans not only can bet on sports with Bitcoin but they receive bigger bonuses than bettors who use credit cards, web wallets, and bank transfers.

How do I use Bitcoin for online sports betting?

First, sign up for an account at a US online sportsbook. Next, login, visit the cashier page, and deposit in your new account. When you do, accept the welcome bonus offer. You might have to use a coupon code to activate the bonus. Learn which bets apply to clearing the bonus’s wagering requirement — typically full-game bets and one-half bets — and only make those bets while clearing the requirement.

Also, you might receive a one-time risk-free bet and/or a casino bonus as part of the welcome bonus package. Use the risk-free bet, because it’s free cash to make a sports bet. Use the casino bonus at your discretion, depending on whether you like casino games or not. Once the wagering requirements are cleared, cash out your sports betting winnings. Note: If you asked this question, we’re assuming you use Bitcoin already. If not, then you’ll need to create a crypto wallet and buy Bitcoin at a crypto exchange.

If you want a more detailed explanation, read our guide above on how to make a deposit using cryptocurrency.

Which sportsbooks accept crypto deposits?

Most online sportsbooks in the unregulated US sports betting market accept crypto deposits. That includes respected sites like BetUS Sports, MyBookie, and XBet Sports. Don’t deposit crypto units in bookmaker sites that you don’t trust. If you’re unfamiliar with the US online sports betting industry, read sportsbook reviews and choose a site with a good reputation. For example, our top selection (BetUS) has been in operation since 2000 and has a sterling reputation in the US online sportsbook industry.