Best Crypto Casino Sites in South Africa

Top-Rated Online Crypto Gambling Sites

Many South Africans have already embraced cryptocurrencies. It’s been an easy transition for us since a huge portion of the SA population already uses mobile money for most of its financial needs.

If you’re ready to get started at the best crypto casinos available to South African players, select one of the sites from our toplist below. We’ve tested every element of these casinos and many others that didn’t make it to the list.

The casinos below yield the lowest transaction fees (if any), the fastest withdrawal timeframes, the most trustworthy gambling licences, the best collections of games, and they support the most popular crypto wallet providers in South Africa.

Getting Started with Crypto Casinos

Crypto casinos are online casinos that let you transact with cryptocurrency. At these casinos, you can deposit, play, and withdraw with cryptocurrency instead of fiat currencies like Rands, Euros, or Dollars.

If you’re new to crypto casinos, or cryptocurrencies in general, the idea of them may be intimidating at first. However, they’re not much different from regular online casinos at all. They provide players who haven’t entered the cryptocurrency market yet with a fun incentive to get started.

We’ll cover all aspects of these trending online gambling platforms on this page: claiming bonuses, signing up, depositing, security, withdrawing your winnings – and everything in between. Before you can start playing with cryptocurrency, you need to have a positive balance in a crypto wallet. But that doesn’t mean that you can’t get started at crypto casinos straight away, without funds in a crypto wallet.

There are plenty of crypto casinos that let you deposit, play, and withdraw with regular fiat currency. These are known as hybrid crypto gambling sites. Cryptocurrencies are an optional payment method at these sites. However, some sites are exclusively designed for cryptocurrencies. These are known as crypto-only gambling sites.

You can begin playing at crypto casinos that support fiat transactions using the same process as at regular online casinos. You simply:

1. 1

   Sign up
2. 2

   Choose the fiat currency you want to play in (Rand, Euro, Dollar, etc.)
3. 3

   Enter the amount you want to deposit
4. 4

   Select your deposit method (credit or debit cards, transfers, e-wallets, or prepaid) and follow the prompts to complete your deposit
5. 5

   Play the games.

Now, if you want to use cryptocurrencies at the online casino, that’s a slightly different story. But not that different. To highlight the differences, look at the steps for gambling with cryptocurrencies.

Steps for getting started with cryptocurrency at a crypto casino:

1. Sign up.
2. Choose the cryptocurrency you want to play in.
3. Enter the amount you want to deposit.
4. Use the QR code or the depositing address that the casino provides you with to transfer the deposit amount from your virtual wallet to your casino balance.
5. Play the games.

The difference comes in when you are required to complete the deposit. Instead of entering your bank, credit card, e-wallet, or prepaid PIN details, you need to physically transfer the funds from your virtual wallet to the casino using the casino address provided or the QR code.

When we say, “physically,” we mean that you’ll have to open your virtual wallet in a separate browser window, or app, and complete the transaction. The deposit isn’t completed ‘inside’ the online casino, as with other deposit methods.

Crypto Casino Bonuses to Get You Excited

Although crypto casinos are growing in popularity, they currently represent a much smaller portion of the online gambling market compared to regular online casinos and betting sites. Since they are relatively ‘new’ to the game and carving out their slice of the market share, you’ll likely find very attractive welcome bonuses at these casinos.

Cryptocurrency Deposits at Online Casinos

According to Statista, there are over 4,500 different cryptocurrencies. That number has increased by over 6,500% since 2013 when there were around 70. In the past two years, the number has almost doubled. Some resources maintain that the number of unique cryptocurrencies currently available is much higher.

Most crypto casinos support more than one cryptocurrency, while some of them only support one. For example, exclusive Bitcoin online casinos only support bitcoin. If you want to play in different cryptocurrencies, rather choose a casino that supports several.

The most common cryptocurrencies supported at crypto casinos are:

Bitcoin (BTC)

Bitcoin Cash (BCH)

Litecoin (LTC)

Ethereum (ETH)

Dogecoin (DOG)

Tether (USDT)

An awesome aspect of playing at crypto casinos is that the majority of them let you switch between the cryptocurrencies supported as you see fit. Very few regular online casinos let you switch up your fiat currency once you have selected it.

Once you’ve signed up at a gambling site (if required) and are ready to deposit in cryptocurrency, follow these steps:

1. 1

   Click the deposit button.
2. 2

   Select the cryptocurrency from the dropdown menu or list of icons.
3. 3

   Copy the address or scan the QR code provided by the casino.
4. 4

   Enter the address or QR code into your virtual wallet.
5. 5

   Confirm the amount you want to deposit into your casino account.
6. 6

   Click ‘Enter’ or ‘Proceed’ or a similar button to complete the transaction.

When the transaction is complete, the funds will show up in your casino balance immediately. The address you are provided by the casino is your private, unique depositing address. Other players will not have the same address as you. This is how deposits can reflect immediately in your balance.

If the casino supports more than one cryptocurrency, the depositing address will be different for each one. The minimum deposit allowed will vary between cryptocurrencies because each cryptocurrency has its own monetary value.

Cryptocurrency Withdrawals at Online Casinos

Withdrawing your cryptocurrency at crypto casinos is very much the same as withdrawing fiat money from regular online gambling sites.

Is this a Safe Payment Method?

Playing at crypto casinos, depositing cryptocurrency, and withdrawing cryptocurrency from online casinos is safe if you are playing at a properly licensed and regulated online casino. In other words, safety protocols are the same for crypto casinos and regular online gambling sites – the casinos must adhere to the safety requirements of their licences.

When you play at licensed crypto casinos, your transactions and funds are protected at all times by the latest industry-standard encryption technology. The casinos have built-in mechanisms that prevent theft or access to sensitive information. Additionally, most crypto casinos store cryptocurrencies in cold wallets. This means that your private address and key are stored offline in a secure software wallet that is not connected to the internet. These cold wallets are encrypted for added protection.

All the crypto casinos that we recommend have authentic licences that we validate with the licensing authorities that issued them. If you choose to play at sites that aren’t listed on SouthAfricaCasinos.net, be sure to cross-reference the licence with the official licensing authority to avoid falling prey to fake licences.

There are many reputable gambling authorities that are internationally recognised and can be trusted to audit online gambling sites effectively, thereby ensuring that players are safe when gambling online at these sites.

Reputable licences to look out for are those issued by:

The Malta Gaming Authority (MGA)

The Great Britain Gambling Commission (UKGC)

The Gibraltar Licencing and Regulatory Authority

The Alderney Gaming Control Commission (AGCC)

The Kahnawake Gaming Commission (KGC)

The Isle of Man Gambling Supervision Commission (GSC)

The Directorate of Offshore Gaming in Antigua and Barbuda – the directorate’s parent body is the Financial Services Regulatory Commission (FSRC)

Pros and Cons of Crypto Casinos

Players who enjoy gambling anonymously are drawn to crypto casinos because cryptocurrency transactions are renowned for their privacy.

Cryptocurrency, unlike fiat currency, is decentralised. Since cryptocurrencies are not monitored by banks and institutions, there’s no financial authority poking its nose in your cryptocurrency dealings.

There are numerous benefits to playing at crypto casinos. Here’s a summary of the major advantages:

• Play Anonymously – your transactions are not linked to a financial institution or bank account, so your gambling activity won’t show up on your bank statements or credit card statements.
• Fast Registration – the registration process is typically much faster since crypto casinos don’t ask for many details. Your name and mobile phone number usually suffice.
• Instant Deposits – crypto deposits reflect in your casino account balance immediately and you can begin playing.
• Impressive Bonuses – there are some very lucrative bonus offers available because crypto casinos are still in the ‘emerging’ phase of their life cycle. They compete with regular online casinos to attract new players.
• Speedy Withdrawals – cashouts at the best crypto casinos reflect in your virtual wallet immediately or within a few minutes.
• No KYC Verification – you can avoid the KYC (Know Your Customer) verification process so you don’t have to hassle with sending through or uploading your identification documents.
• Secure Transactions – cryptocurrency transactions are encrypted by the latest technology within the casino and your virtual wallet.

The advantages are appealing enough to get started with cryptocurrency online gambling straight away. But before you do, consider some of the less remarkable features of these casinos:

• Additional Steps – you’ll have to confirm your deposits in your virtual wallet before they are processed.
• Possible Fees – you may encounter fees when depositing or withdrawing your funds at the casino. Fees may be imposed by your virtual wallet provider or by the online casino itself. Most casino-related fees correspond to withdrawals, not deposits.
• Fluctuating Values – cryptocurrencies are more volatile than fiat currencies. Their values can change quite drastically from one day to the next. This can work in your favour or against you depending on whether the value increased or decreased.
• Limited Casinos – you will be restricted to a smaller variety of online casinos that let you play in cryptocurrencies as opposed to fiat currencies.

To sum it all up:

About Cryptocurrency

Although cryptocurrencies seem complicated at first, they aren’t that different from regular currencies. The only real difference is that there’s no tangible form of cryptocurrency that you can hold in your hand.

Bitcoin, founded in 2009, is considered by most analysts to be the first cryptocurrency that emerged. While cryptocurrencies seem to be a vague idea to many people, the reality is that they’ve been around for well over a decade.

In South Africa, cryptocurrencies and digital payments are being adopted much more rapidly than in many European countries and other regions of the world. This can be attributed to the instability of the Rand, and the fact that South Africans have been using digital payment methods for a long time since a large percentage of our population has restricted access to banks.

FAQ

Frequently asked questions about Crypto Casinos