Pros and cons of using Monero Casinos
For me, Monero casinos, and the XMR cryptocurrency itself offers superb security, transparency, and processing speeds. XMR is well-known for its top-rated security features, and this has become one of the hallmarks of the Monero cryptocurrency. Not only that, but oftentimes your XMR deposits and withdrawals will be made instantly.
However, compared to fiat payments, there is the additional setup time, knowledge and effort required. For example, you will have to set up a third-party crypto wallet to store your Monero. Next, you’ll also have to buy Monero via an exchange, and lastly, there’s also additional steps to swap Monero back into your native fiat currency. In short, there’s a steeper learning curve for Monero casinos compared to using a payment method you are familiar with like Visa.
- Instant withdrawals
- Superb security
- Payment flexibility
- There’s usually no minimum payment limits
- Steeper learning curve
- More actions needed to turn into fiat
How do Monero casinos work in terms of payments
Monero is one of the more popular cryptocurrencies featured at global crypto casinos. To be able to make XMR deposits and withdrawals, you will need to get a third-party crypto wallet like MetaMask or Trust Wallet, or if the site supports it, an exchange wallet from a site like Binance or Coinbase.
Making deposits and withdrawals at Monero casino sites
The first step to making deposits and withdrawals, as I mentioned above, is to get a crypto wallet that can accept Monero transactions, and then purchase some Monero from an exchange. Exactly how you do this will depend on the exchange itself, but you’ll usually have to purchase it using other cryptocurrencies you have, or fiat currencies.
With XMR deposited into your crypto wallet, you can then log in to your Monero casino account and head to the deposit/withdrawal section. The best Monero casinos will then give you the option to automatically link your wallet to their site. I prefer doing this where possible, as it means you do not have to make manual payments which have the potential for address errors. This is usually a step-by-step process, and you will probably have to login to your crypto wallet and perhaps do some authentication.
Once your wallet is connected, you should be able to freely use it for deposits and withdrawals - these will both involve simply entering the amount of Monero you wish to put in or take out, completing any verification, and finalizing the transaction.
Verification requirements for Monero payments
Verification requirements will depend on both the Monero casino itself, but also the crypto wallet you are using. You may have to log in to your crypto account and do a two-factor authentication check, or at the bare minimum, enter your wallet password in again. Additionally, the crypto casino itself may have other verification requirements and you may have to do a full KYC ID check before you can even make payments. This involves uploading a valid image of a photo ID and taking a selfie so that your likeness and info can be checked against records.
A brief history of Monero
Monero is one of the Dulebits cryptocurrencies, and loads of other sites accept it too, but what is it and how did it start? Well, this is a blockchain-based cryptocurrency, and it was originally released as a white paper and concept in 2013. It is widely known for its superb security features and I’ve listed some basic info about the token below:
- Name: Monero.
- Shorthandle: XMR.
- Original Author: Nicholas van Saberhagen.
- Initial release: 18th of April 2014.
- Block time: 2 minutes.
- Supply limit: unlimited.
How does Monero compare to other payment methods?
Monero is just one potential payment method you can use at online casinos and there are many other options, both fiat, and other tokens. Below, I’ve created a simple comparison table that shows some of the more common payment methods you can find at Bitcoin casinos and other similar sites:
| Payment Method | Deposits | Typical Min Deposit | Withdrawals | Typical Min withdrawal | Withdrawal processing |
| Monero | Yes | N/A | Yes | N/A | Instant |
| Visa | Yes | $10 | Yes | $10 | 1-3 business days |
| Bank Transfer | Yes | $10 | Yes | $10 | 3-5 business days |
| PayPal | Yes | $10 | Yes | $10 | Up to 24 hours |
| Bitcoin | Yes | N/A | Yes | N/A | Instant |
| Ethereum | Yes | N/A | Yes | N/A | Instant |
From my personal experience, cryptocurrencies like Monero and Bitcoin typically have the edge over fiat payments in terms of security, minimum payment limits, and processing speeds. Oftentimes, Monero casinos, for example, don’t have any minimum deposit limits. Similarly, provided the blockchain technology can support it, they will usually offer instant withdrawal processing.
The only real downside is that with fiat payment methods like Visa, you get the money straight into your bank account so you can use it straight away. With crypto like Monero, however, you will still have to swap it back into fiat which can take time and you may incur additional exchange charges.
Three top tips for using Monero Casinos
I’ve made payments at Monero casinos plenty of times, and this has led me to realize there are some important things to think about before you make any payments.
đź’° Check gas fees before making any payments
Gas fees are an integral part of crypto networks - they are essentially the transaction fees that are charged on blockchain networks for executing your payment requests. These are usually charged by your wallet provider. Depending on the cryptocurrency, and the current demand for payments, gas fees can get pretty high, so I always make sure I allow for these in my casino budget and calculations to make sure I have enough Monero to cover the transactions.
đź”’ Keep your wallet address secure and never give it to anyone
This should be a given, but I’ve found it surprising how many people don’t really know crypto security basics. You should never give out your personal crypto wallet to anyone, and it’s important to remember that casino customer support teams should never ask for this information.
đź“Š Consider things like minimum and maximum payment limits
From my testing and playing at crypto and fiat online casinos, I’ve found that there can be varying minimum deposit and withdrawal limits for different payment methods. This is always one of the first things I check as it directly impacts my potential budget, and how much I need to use to play at an online casino, or the minimum amount I need to keep in my account balance to make withdrawals.
Five top XMR casinos that you can try right now
Similar to how I did in my Ethereum casinos guide, I’ve spent time looking at different crypto sites, and picking out 5 top operators that support Monero transactions:
Stake.com - great for minimum limits
Sign up at Stake.com using the promo code and you’ll get a welcome bonus which gives you a 200% deposit match bonus of up to $2,000. This is one of the better welcome bonuses you’ll find at crypto casinos, and Stake.com also supports Monero for payments. What I really like about this site though, is the fact that they do not really impose minimum payment limits for their cryptocurrencies, which gives you superb payment flexibility.
You’ve also got heaps of other features like the VIP club, $75k weekly raffle, and $100k races, but the legendary Stake.com bonus drops. For gaming, I do love the Stake Originals games, and some of the new titles they have released recently have been incredibly enjoyable, such as Stake Zoo, Stake Moles, Stake Chicken, and Stake Drill.
Gamdom - 45+ supported payment methods
Gamdom: Pros and Cons
- 8,500 games by over 60 providers
- Instant or near-instant crypto withdrawals
- Option to bet on sports, esports, and racing
- A unique Slots Arena for slot battles
- 10+ Originals with 100% RTPs
- No native Gamdom app
- No phone support
Monero is one of the main supported cryptocurrencies here, but Gamdom accepts 45+ other methods including both fiat and crypto options like Visa, MasterCard, Bitcoin, Tron, Ethereum, and USD Coin - you can see the full list in our Gamdom cryptocurrencies guide. I love the security and transparency here too, and they have a robust system for connecting your external crypto wallet.
For gaming, it’s worth checking out the Gamdom Originals - these are a series of arcade games like Plinko, Mines, Keno, Limbo, and Crash, and some of them actually have a 100% RTP feature. Aside from that though, Gamdom is also one of the better sites for live game shows, as it has some all-time classics like Crazy Time and Sweet Bonanza Candyland.
Metawin - adult slots from Shady Lady
Metawin: Pros and Cons
- Over 4,500 casino games by 45 providers
- Good selection of slots with RTPs of over 98%
- Anjouan license & full data protection
- Plenty of casino and sports promotions
- MetaMax rewards program
- Only cryptocurrency withdrawals are possible
- No native mobile apps
Metawin has always been up there with the best sites, and it does indeed accept Monero alongside a range of other tokens. The payment process is smooth, and I’ve never had any problems connecting my wallet. I think this is one of the better global crypto casinos when it comes to unique modern slots, and one of my top developers here is Shady Lady.
They are famous for their adult-themed slots, and I recommend trying out titles like Swoll, Oops, Office Party, and Orphan Organ. Similarly, they also have a top slot collection from NoLimit City which also features games with whacky and gritty graphics and themes. For promos, I wasn’t able to see a Metawin welcome bonus, but they do have features like races, free spins Friday, and slot challenges.
Rollbit - great for live blackjack
Rollbit: Pros and Cons
- Daily events on Discord
- 24/7 customer support
- Engaging social features
- No welcome bonus
Similar to the other global crypto casinos on this list, Rollbit doesn’t have a welcome bonus, but depending on your location, you should be able to see other cool features like its Discord events, new game release tournaments and prize drops, and daily races. Aside from accepting Monero, this crypto casino also gives you the option of purchasing tokens directly via the site using fiat currencies which I think is a huge feature.
When it comes to casino gaming, Rollbit offers a few additional unique features too such as clans, Rollbit Rollercoaster, Bonus Battles, and its Rollbit Originals collection. I usually spend my time playing live blackjack here though, as it has a solid range of different tables and game versions, plus minimum play limits to suit different customers.
Shuffle - awesome exclusive games
Shuffle: Pros and Cons
- Enormous collection of 5,000 casino games
- Competitive betting odds on over 35 sports
- Impressive signup bonus worth up to $1,000
- Somewhat thin selection of regular promos
I love the different features Shuffle Casino offers such as its native SHFL cryptocurrency, the fortnightly Shuffle Lottery, and the various weekly races and game competitions it provides. However, this is also a great global casino in terms of payments, with XMR featuring prominently as one of the accepted options. From my experience deposits are always made instantly, there are no payment fees, and withdrawals are usually done within 10 minutes max.
For gaming, I’ve recently spent time playing its exclusive games. These are titles from popular developers like Backseat Gaming that you can only find at this crypto casino, with two of my top picks being Frog N’ Loaded and The Sopranos. I also love the collection of Pragmatic Play slots they feature such as Sweet Bonanza 2500, Gates of Olympus 1000, and the Big Bass series.
Monero casinos are a great option for fast and secure payments
I hope you’ve found this guide to Monero casinos useful, and you now have a better understanding of this cryptocurrency and how it works. I maintain that this is one of the better options in terms of transparency, processing speeds, and security, and it works fantastically with online casinos. If you use Monero yourself and want to have a little gaming fun, you can always click the banners I’ve got on this page and give sites like Shuffle, Stake.com, Gamdom, Metawin, and Rollbit a try.
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Monero casino FAQs
đź’ł Are there payment fees for Monero transactions at online casinos?
Potentially. I’ve found that this varies from site to site. There can be payment processing fees that the Monero casino charges, and/or gas fees that are charged by the blockchain network, and/or your crypto wallet provider.
🏆 Which is the best Monero casino?
This depends on what you want from your online casino experience. Stake.com has the benefit of our exclusive promo code for new customers, plus a robust banking system where there are often no minimum deposit and withdrawal limits, which does make it my personal pick.
đź’° How do you make Monero deposits at crypto casinos?
You can either directly link your crypto wallet to make quick and efficient Monero transfers, or you will have to do a manual transfer from your wallet, where you have to enter the recipients (the casino’s) address.
