Best Crypto Casino in Australia
Bitcoin casino Australia sites are gaining popularity, and here we’ll cover everything about them. We’ll reveal its key features and show you how they work. You’ll even get to study the online gambling laws in the country and discover the best crypto gambling platform.
How Do Top Bitcoin Casino Sites in Australia Work?
Bitcoin casinos in Australia differ from traditional gambling sites in several main aspects. First of all, these operators accept Bitcoin deposits and withdrawals, which is the first and most popular cryptocurrency.
Secondly, a crypto casino in Australia provides a more private and anonymous gambling experience. Plus, you get to send and receive funds instantly. All of these features come from blockchain technology, where Bitcoin and all other cryptocurrencies conduct the transactions.
All other attributes are basically the same as traditional online casino sites. As such, you’ll have to register a casino account and make a deposit to play the featured games. However, the best crypto casinos tend to offer more generous bonuses. So, make sure to check these details.
Key Factors for Playing at Australian Crypto Casino
Before you start your Bitcoin gambling experience, you must be aware of certain key factors. These attributes show what to expect from the best Bitcoin casino in Australia.
Factor | Description |
---|---|
Casinos supporting Aussie players | Since Australian operators cannot offer their services to local players, you must turn abroad. As such, there are many great international Bitcoin casinos that accept Aussie gamblers |
Customer support in English | Top Bitcoin casinos always offer customer service in English. They usually work 24/7, and you can contact them through live chat, email, or phone |
Local payment methods | You can use local banking methods to purchase Bitcoin or other cryptocurrencies at exchange platforms or at some of the best online casinos |
License | Bitcoin casinos that accept Aussie players should feature valid licenses often provided by offshore regulators such as MGA, Curacao eGaming, PAGCOR, etc. |
Different types of games | The best crypto casinos offer a wide selection of games, including slots, table games, live casino games, etc. |
How to Deposit and Withdraw in Crypto Casinos
Most Popular Cryptocurrencies in AUS Bitcoin Casino
At a top Bitcoin casino, AUS, you’ll find way more cryptocurrencies than BTC. All of them offer the same banking services as traditional payment methods, but they do it much more efficiently. Cryptocurrencies also come with certain unique features, which you can read about below this segment.
Bitcoin
At most Australian crypto casinos, you’ll get to use Bitcoin as your preferred payment option. This is the first, biggest, and most popular cryptocurrency on the market. It offers anonymous, safe, and secure transactions. Plus, it’s the most valuable token on the market.
Sending and receiving funds at top Bitcoin casinos in AUS takes between 10 minutes and several hours. As for the transaction fees, you have to pay around $2.7 per transfer.
Ethereum
Ethereum casino platforms also offer the same safety and privacy features as Bitcoin gambling sites. However, this cryptocurrency conducts much faster transactions. It takes between one and 30 minutes to transfer ETH at the featured online casinos.
Also, the average transaction fees go around $1.2 and every reputable crypto casino in Australia won’t include extra charges. Additionally, many other cryptocurrencies utilize the Ethereum-20 token standard on the Ethereum blockchain.
Tether
Next, we have USDT casino platforms, which are much more different than other crypto gambling sites. This is due to the stablecoin nature of Tether, which makes it less volatile as it has the same price as the US dollar. In other words, 1 USDT is always worth $1.
But, just like in Bitcoin casinos in Australia, you still get the much-needed anonymity and privacy at Tether gambling sites. Here, the transactions are much faster, as they go between several seconds and up to a minute. Also, the costs per transfer go between $1.5 and $13.
Tron
Tron is yet another decentralized cryptocurrency that uses a proof-of-stake blockchain with smart contracts. It started out with the help of the ERC-20, but it managed to establish its own blockchain shortly after.
Gambling on a TRX casino allows you to keep your transactions private and highly secure. Using this crypto coin allows sending and receiving tokens between 3 seconds and one minute. You also get to pay fees of $0.22 and $2.67 per transfer, which are much lower than the ones on the best Bitcoin casinos in Australia
Litecoin
Lastly, we have Litecoin, one of the earliest altcoins on the market inspired by Bitcoin. It’s a safe, secure, reliable, and decentralized peer-to-peer cryptocurrency that operates with open source software.
This also means that top Litecoin casino sites offer super fast transactions. The timeframe of these transfers is between 2.5 and 10 minutes. Using it for crypto gambling in Australia is also much cheaper than relying on Bitcoin. The fees for Litecoin deposits and withdrawals go from $0.008 up to $0.08.
Staying Anonymous with Bitcoin
Using Bitcoin to send and receive funds is like playing at no-KYC crypto casinos. On both occasions, you don’t reveal any personal or banking details. This is what makes Bitcoin gambling in Australia popular for all types of players.
To elaborate a bit further, Bitcoin conducts all of its coin transfers on a blockchain. Here, everyone gets to see and trace the transactions by looking at the wallet addresses. But no one knows who actually uses the featured addresses.
However, no one can truly remain anonymous if they purchase Bitcoin from a crypto exchange platform. Here, you must reveal personal and banking details to acquire certain tokens.
You can increase your privacy by playing at VPN-friendly crypto casinos. This allows you to mask your IP address and hide your location. But, unless it’s a no-KYC gambling site, you still need to verify your identity and physical address.
Crypto Casino Bonus Offers for Aussie Players
Top crypto casinos in Australia usually offer a wide selection of bonuses and promotions. They are much more generous than the ones featured at traditional casinos and sports betting platforms. Here are some of the most popular Bitcoin casino bonus offers that you can claim:
- Welcome Bonus: a promotion that you can only apply for using your first deposit at an Australia Bitcoin casino. It usually rewards a match bonus plus some free spins.
- Deposit Bonuses: popular promos that require a minimum deposit before crediting any reward. They tend to match the amount you transfer with a certain percentage.
- No Deposit Bonus: these are online casino offers that you can claim without depositing any money. The prizes that you get can come as bonus funds, free spins, or extra chips.
- Free Spins: bonuses that give out bonus spins on selected online slots. They may or may not require a minimum deposit. Also, free spins can come as individual offers or as part of a larger bonus.
- Cashback Offers: these are Bitcoin casino bonuses that return a portion of your losses. The percentage may apply to the money you spend over a day, week, or month. They’re often part of VIP programs.
- Reload Bonuses: casino promos that are eligible only to existing players who made deposits in the past. They are also available on a certain day of the week, and you’re free to apply multiple times.
Bitcoin Casino Safety and Security
Advanced safety and security are some of the main features of top online crypto casinos that accept Bitcoin. First of all, the most reputable operators hold valid licenses issued by top regulators. This means that they must obey strict rules and follow the latest crypto gambling industry standards.
Secondly, top crypto casino platforms utilize the latest 128-bit SSL encryption software. It’s a superb security feature that encrypts all sensitive details you reveal on the website.
Next, Bitcoin and all other cryptocurrencies utilize blockchain technology. As such, you get to send and receive tokens anonymously without revealing any personal or banking details.
At the best Australia crypto casinos, you’ll also come across games from leading software providers. These are licensed game suppliers that develop secure and fair products, approved by independent testing agencies.
Additionally, there are many useful responsible gambling tools available at most reputable Australian casinos. They can help you avoid becoming addicted to this type of online gaming.
Online Gambling Regulations in Australia
According to the 2001 Interactive Gambling Act of Australia, companies cannot offer online gambling services to its residents.
They cannot even advertise gambling-related activities in the country.
However, this law doesn’t prohibit Australian players from playing casino games and placing sports bets. Also, there is no mention of offshore casinos in the featured legislation. This means that residents can freely gamble at international gaming sites.
We must note that the government decided to ban crypto gambling in June 2024. Yet, this action doesn’t stop residents from using VPNs to play at casinos from abroad with cryptocurrencies.
Official Australian Regulatory Body
The Australian Communications and Media Authority (ACMA) is the state body responsible for media and communications regulation in Australia. This includes monitoring and enforcing the regulation of online gambling.
However, each Australian state and territory has its own authority that overlooks all gambling activities in its jurisdiction. So, make sure to check the specific laws that apply in your AUS state.
Taxes on Winnings at Crypto Casinos
If you do decide to gamble at offshore crypto casinos using a VPN, then you should know about the featured taxes. First of all, Australia doesn’t have any specific taxes on online gambling.
However, you do have to pay a certain amount whenever you get a capital gain from selling crypto tokens. But, holding your crypto asset for more than 12 months will get you a 50% capital gains tax (CGT) discount.
Make sure to use a CGT calculator to figure out your taxes as they vary depending on your yearly income and capital gains.
Future of Crypto Gambling in Australia
Since Australia prohibited crypto gambling in June 2024, we don’t see it reversing its decision anytime soon. We also expect the government and the state regulators to introduce a clearer framework for these activities. They should target better consumer protection and financial transparency.
Maybe we’ll finally get to see legal changes in terms of offering casino and sports betting services to Australian players. Local operators will surely be up for such law modifications.
Try Out Crypto Casino Gaming at Cryptorush Today
Many offshore casinos accept Bitcoin and other top cryptocurrencies as they offer numerous benefits to their customers. They provide secure, anonymous, instant, and cheap transactions. At a top Bitcoin casino in Australia, you’ll even get to play a variety of games and claim lucrative bonuses.
One such exciting online casino that you should consider joining is Cryptorush. It’s a licensed operator where you can gamble using Bitcoin and several other cryptocurrencies.
FAQs
Are Australian Bitcoin casinos legal?
Australia doesn’t allow local operators to offer gambling services to residents. Also, the country prohibits crypto gambling. However, players are free to play at offshore gaming sites. Some use VPNs to access these platforms and use cryptocurrencies as a way to mask their physical location.
Can I apply for welcome bonuses at Bitcoin casinos in Australia?
Yes, you can apply for lucrative welcome bonuses at many Bitcoin casinos in AUS. You can do that using your first deposit, which will get you bonus funds as well as some free spins.
What kind of games can I play at the best crypto online casinos?
The game casino library varies from one operator to another. However, a top gambling site will always include titles from the best genres, such as slots, progressive jackpots, table games, live dealer games, crash games, poker games, keno, bingo, lotto, and other casino games.