The Best Monero Casinos: Our 2022 Review
Crypto casinos have been the rave ever since people started using them. The security, anonymity, and ease it brings to online gambling made players gyrate towards it, sponsoring the massive establishments of Bitcoin casinos. Players enjoyed the BTC casinos for a while until other currencies 💶 started to come in. Now, there are more secure and private coins in the market, which is where XMR comes in.
Gambling with monero not only promises you security from outside parties, but it also ensures you have complete privacy even on the blockchain. Monero (XMR) uses two important features to ensure this, and it will be discussed further down the article.
However, you’re here because you’ve heard about XMR gambling and are looking to know how to start. Welcome! You are in the right place. Below is a list of some of the best monero casinos for crypto gambling.
Monero Casinos: What is XMR?
Monero (XMR) was launched in 2014 and has gained a high level of acceptance and popularity amongst folks. It is an open-source, privacy-oriented and opaque blockchain that makes every transaction detail and amount anonymous by scrambling the address of the user. Unlike other virtual currencies where investors had to pay for special hardware to use, the developers of Monero 🪙 hardly keep any stake for themselves. The process was built on an egalitarian concept that every user should have equal opportunities to mine this currency themselves.
When it comes to payment history, Monero also erected measures to make this non-traceable. Unlike in other currencies where a certain recurring transaction can be traced back to a certain account, it cannot be done here. This allows users safer networking, as they are completely out of the radar. Even the Monero coin is fungible, as there is no specific feature differing it from another Monero coin.
All the above features combined make this Monero coin the holy grail when it comes to gambling casinos. Gamblers can now make payments without it being traced back to their account. This total privacy keeps them relaxed and able to focus on their casino games.
As a digital cryptocurrency, you need a Monero wallet before you can make transactions with this token.
Unlike physical banknotes that you can pick up and spend, the XMR has private keys that need to be stored in e-wallets to enable you to make Monero transactions.
Unlike a physical wallet that stores your actual banknotes, this e-wallet does not store your cryptocurrency; they store the private keys needed to access your tokens.
Your crypto holdings live on the blockchain and can only be accessed when you show proof of ownership, where the wallet comes in.
To make Monero deposits and withdrawals, you will need access to a wallet 💶. This is why you only need a safe and secure wallet that would uphold the safety and security that is a big part of the XMR token. Here are some great ones to check:
Monero GUI Wallet
This monero wallet has to be stored on desktop software and is one of the best and most secure storage for gambling. Desktop wallets provide complete control to the user and might sometimes come with additional functionality such as an exchange feature, like this GUI.
This is an easy solution for those who love to play in casinos where Monero is accepted ✅. They can use this wallet to convert their tokens into fiat and vice versa. Even better, you can access this platform in about 30+ different languages.
This is by far the most accessible form of storage. Here, the software is installed on your mobile device, and you can make transactions on the go. An example of a wallet you can use on your mobile is Coinbase. This can be utilized for purchase, storage, and playing with Monero and even accepts fiat currencies.
You can use this on desktop and web too.
These are the most secure forms of storage. Here, your private keys would be stored in hardware devices with USB drives connected to a desktop or smartphone. They are completely immune to cyberattacks and have never recorded a successful theft.
An example of a hardware Monero wallet is Trezor. Here, you can easily generate a pin to even make your Monero tokens more secure. Plus, it supports up to 1000 currencies 🪙, making it hard for a player not to find their desired cryptocurrency on this wallet.
Why not? These are a great way to earn Monero tokens, and since it’s free, why not use them?
To win a Monero token, you are allowed to play easy tasks like solving captchas. If you are a player who doesn’t want to go through the hassle of exchanging Monero tokens, then this is a great way to earn some.
It might be a small sum, but if you keep playing, you will gather quite a significant sum before you even know it. Some of these faucets work with dire time limits, but the tasks are ceaselessly simple, so it is nothing serious.
As Monero gaming continues to gain traction in the industry, more and more providers are starting to list it as a viable method. Even though it is technically different from bitcoin and ethereum, it is not complicated and should not be seen.
However, there is a basic guideline to follow when gambling 🎰 in a Monero online casino, and it will be discussed shortly. Before any of these transactions can occur, you have to have a Monero cryptocurrency in your possession.
The first thing you should do is buy some Monero tokens. To do this, you can either register with a crypto exchange or buy a wallet. Registering with a Monero broker would only require you to input your name, email address, username and password.
After successfully signing in and verifying your account, you can now search for Monero in the search bar and click to buy. You might be asked for your banking details 💳 for players who want to buy with their credit cards, or if you have other currencies, you can exchange them for Monero at the current market rate.
Now that you have bought your Monero online, you can now follow the steps below to use these tokens in Monero casinos:
- Choose Only Trusted Monero Casinos: Though there is a recent uprising of crypto casinos, there aren’t many that accept online casinos that accept Monero as a payment method. The team has carefully reviewed the above platforms to be one of the few bests you can bank your money with.
- Register: Now that you have found a platform to gamble with xmr, the next step is registration. Thankfully, a crypto platform would not require your details. This is why they are highly coveted by gamblers. You would not need your name or address; all you need is to sign up and generate a username 🌟 and password. You must, however, complete a verification or KYC process because transactions are highly secure and must be done correctly.
- Deposit: Now that you have successfully registered and verified your account, it is time to make a casino deposit. To do this, just go to the cashier or banking section of your casino, and choose deposit.
On this list, you will be presented with a list of acceptable methods. Since you are dealing with Monero, you should choose this as your preferred method.
A unique address would be generated and sent to you. You are to copy this address and paste it into your secure wallet. Once you do this, select the amount of tokens you want to send, authorize the transaction and then click send.
Now that you have created a casino account, and earned something, it is now time for you to make a withdrawal. It is the same uncomplicated process as making a deposit; all you have to do is:
- Go to the Cashier Section: Go to the banking 💳 section of your casino, and click on withdraw. A reputable casino using Monero would also accept many other currencies, so you would be presented with a list at this joint.
- Choose Monero: Select Monero as your preferred method, and then copy your wallet address into the crypto section. Enter the amount of tokens you want to receive, then authorize it.
Note that crypto payments’ processing time depends on the traffic, but they are usually faster than the average method of payment. When entering addresses during transactions, be careful and always go over the number again to avoid any mistake. Payments are irreversible on the network, and mistakes mean you lose your money.
They might not be as big as bitcoins and ethereum, but Monero is gradually catching up to these seniors.
Before using Monero casinos that offer this method, let’s take you through some of the merits and demerits of this casino:
Although every crypto coin is known to diligently uphold privacy in the network, Monero takes that job a little more seriously.
They do this by using ring signatures and stealth addresses. These ring signatures enable a member of the network to hide their identity when making payments. As a Monero user, when you send money, no one is aware it came from you until you tell them! When someone sends you money 💶 , they would not know if you have received it until you tell them. If you receive payment for the same service three times, no one would know you did.
If you have ever used the Monero casinos, you will know just how fast transactions can be. The blocks in the network are generated within seconds, which means a large amount of data can be processed within just a few minutes.
As gamblers who play with Monero, you want to be sure that your withdrawals are sent instantly when you cash out. Like all crypto coins, Monero is subjected to fluctuations, and you don’t want it to lose its value while stuck in your account.
However, these Monero casinos offer instant and speedy transactions regardless of the payment bulk.
If you play in casinos that accept Monero, you will realize that you are saving extra charges in the long run. Unlike traditional banking methods where exorbitant charges are removed just for services, it is not the same in a casino using Monero.
The Monero token itself does not charge any fee, but the casino might require a little commission for processing, which is the same for your wallet. However, these charges are nothing small as compared to the other methods. Be sure to read the casino terms and conditions, so you are aware of their rates.
Monero payments are as easy as it could get. You just have to go to the banking section of your casino and follow the appropriate process. You might be subjected to a strict security check during your first withdrawal, but it is nothing compared to the rigorous process of the basic banking method.
Monero is only just beginning to gain traction amongst casino users, and anyone who wishes to use this might find it hard searching for the best Monero casinos. Thankfully, we have helped compile a list that should help you choose the best one.
Any payment made into the casino cannot be reversed. If you also make a mistake while copying an address, you will lose your money. It is important to be careful when making financial decisions with Monero because it can not be undone.
Even though Monero casinos are not as rampant as we would like them to be, players get generous rewards when they do find one. The competition in the industry is very tight, and as such, casinos are looking to keep their customers loyal to them. Some of the bonuses 🎁 you will find in these casinos are:
Matched Deposit Bonus
The welcome bonuses usually come in thud form. Here, casinos would match your first deposit up to a certain point, at a specific percent.
For example, a casino promises a matched bonus of 100% on your first $100(equivalent in XMR) deposit.
This simply means that you pay 100% into the casino, and they’ll send you an additional $100 to play as many games as you like with a total starting balance of $200.
No Deposit Bonus
This is highly coveted in casinos because it means gamblers get to play with zero risks attached. This bonus is given without any deposit requirement. That’s right; you don’t need to pay any money to use it.
For example, the casino offers a bonus of $20 equivalent in XMR on the condition that you verify your account and follow them on all their social platforms. As a user, when you need all these requirements, your Monero casinos will offer the money without needing any other addition from you.
These bonuses could come as a whole or part of other packages. Simply put, free spins are exactly what the name implies. Your casino would offer you these chances to play Monero slots for free.
For instance, you were given 100 free spins. What this means is, you can spin your slots 100 times without making any payments. Be sure to read the terms and conditions attached to know if the earnings are sticky or cashable.
All the games you can play in your fiat gaming casinos are available on these websites. Different game providers would surely mean different catalogues, but below are some of the popular ones.
- Table Games: For those who enjoy classic gaming, you will surely not be disappointed at what these casinos have to offer on these terms. You would find blackjack, roulette, baccarat, video poker, and so on.
- Slots 🎰: You will find many variants of this in different casinos, from the three reels to the five reels to the progressive jackpot. These games are available for your consumption.
- Virtual Games: If you are interested in those rare games you will hardly find in physical casinos; then this is for you. Keno, online lotteries, sportsbooks, betting, etc., are always available.
Amongst the hundreds of Cryptocurrencies in the market, Monero is one that you can trust to keep things secure and anonymous. Although bitcoin and ethereum use pseudo addresses to keep things private, Monero takes it a step further. Even on the blockchain network, other uses can not locate your address or trace transactions back to you.
They also have ring signatures where a sender can just make up a sign for payment without really having any solid traceability factor. Anyone can use this signature, so it holds no water. The Monero token itself is fungible, which means that nothing differentiates one coin from the other, like in BTC or even physical banknotes that all have traceable addresses.
If you are a gambler who deals with huge transactions, then you might want to give Monero a try. Although security, privacy, and anonymity are more than enough reasons to join, you can also enjoy generous perks like their bonuses, promotions and also play provably fair games.
However, before choosing the right website, you want 🌟 to be sure of the casino’s reputation, licensing, and the measures they have erected to keep their clients’ secure and protected at all costs.
Another important aspect is their customer support. Usually, players do not think of this aspect of a casino’s service. Once they are assured of fair games, generous bonuses, and security, they are okay. Customer support should not be underrated because it determines how quickly your queries and complaints will be examined.
There are so many benefits to using this platform. As a gamer, you know how important it is to maintain absolute privacy while using the internet. This virtual currency might not be the most popular one yet, but it has all the functions to keep all your transactions under the radar. Check out our recommendations to select the best one for you.