Best Crypto Casino in Serbia
Online casino games such as online slots, blackjack, poker, roulette, and more represent the favorite pastime for many Serbians, as the gambling industry seems to flourish in the country. Another trend that is gaining traction in Serbia is crypto trading and using popular assets for playing casino games. So, let’s walk you through the crypto gambling landscape in Serbia and what a top-class crypto-backed casino should look like.
Key Factors for Playing at Crypto Casino Sites
Crypto gambling enjoys a fair share of popularity among Serbians, but before you dive straight into the gambling landscape, there are some key factors you need to pay attention to.
Factor | Description |
---|---|
Legality of Online Gambling | Online gambling has been legal in Serbia since 2011 |
Regulatory Body | Serbian Games of Chance Administration |
Taxes | Players pay a tax on online casino winnings |
Marketing | Gambling laws instruct all commercials and marketing activities by casinos to include responsible gambling messages. |
Law | Games of Chance Law (updated, 2020 version) |
Crypto legality | Crypto trading and mining is legal in Serbia |
Crypto Law | Digital Property Law |
Crypto payment methods for gambling | Top crypto casinos in Serbia will allow you to make deposits and withdrawals with numerous crypto assets. |
Language | As part of their localized approach, Serbian casinos will have their websites in Serbian. |
How to Deposit and Withdraw in Crypto Casinos
Most Popular Cryptocurrency Payment for Serbian Players
It won’t be an understatement to say that cryptocurrencies have revolutionized the way punters perceive the online gambling industry. They provide you with fast, secure, and anonymous ways to play casino games, so let’s take a look at the most used ones among Cryptorush registered bettors.
Bitcoin
We cannot avoid at least mentioning Bitcoin casino sites when a discussion opens up on crypto gambling. BTC is the first crypto to hit the world, with its widespread acceptance and robust security features making it a popular choice among casino players. The transparency of the blockchain allows users to verify transactions, thus adding an extra layer of security and trust.
Ethereum
Ethereum casino operators stand out for their smart contracts functionality, which enhances the fairness of casino games at Cryptorush. These smart contracts completely automate several aspects of casino operators, so they guarantee a fair gambling experience for all registered players.
Tether
As a stablecoin, Tether has a stable value, which is ideal for punters who would like to stay away from the seemingly volatile nature of other crypto assets. You can deposit and withdraw at a USDT casino with confidence, knowing that the token’s value won’t fluctuate. This stability is also a welcome feature for players who seek to manage their funds effectively.
Tron
Similar to Ethereum, Tron is a blockchain that is created to host decentralized apps. It has a native token, TRX, which you can use to gamble online in Serbian crypto casinos. However, before playing at a TRX casino, note that you cannot purchase it in some crypto exchanges, and it is not a minable crypto asset like other cryptocurrencies.
Litecoin
At last, Litecoin casino sites offer faster transactions and lower fees compared to Bitcoin, which makes them more practical choices for savvy casino punters. The lower associated fees when gambling with Litecoin mean that you will get to direct more funds towards playing crypto casino games.
Online Gambling Regulations in Serbia
The lack of gambling legislation in Serbia crippled the industry for a very long time—up until 2011. That year, Serbia reformed its online gambling laws, and the new gambling law, which came into effect in 2012, required all operators to have servers in Serbia if they were to offer gambling services to residents of the country.
With this legislation, a new taxation regime also came into practice: 15% on the GGR of the casino, with the license being valid for 10 years. The goal of this legislation was to create a nice balance between attracting offshore top casinos and protecting domestic economic interests.
In 2020, the new Games of Chance Law was introduced, through which the following entities can offer online gambling services in the country:
- Serbia’s State Lottery
- Operators licensed by the Serbian Games of Chance Administration and the Ministry of Finance
Games of chance are regulated in the new Games of Chance Law, and the law makes a clear distinction between:
- Classic games of chance: Lottery, Tombola, Keno, Bingo, etc.
- Special games of chance: slots, table games, and live casino games.
- Prize games
Official Serbian Regulatory Body
The Games of Chance Administration, which works under the umbrella of the Ministry of Finance in Serbia, is the regulatory body in charge of overseeing and controlling the entire online gambling industry in the country.
Regulator Name | Games of Chance Administration |
Established | 2020 |
Jurisdiction | Overseeing the industry and issuing online gambling licenses to applicants |
Restrictions | No restrictions on online casino licenses, even though the land-based sector is bound to a degree |
Taxes on Winnings at Crypto Casinos
Before you dive into the crypto gambling world, note that, according to the current legislation, all players must pay a 20% tax on all casino winnings above €850. Cryptocurrencies themselves are subject to taxes as well; all traders who sell cryptocurrencies must pay a 15% tax.
Nevertheless, gambling at offshore crypto casinos that don’t hold a license from the Serbian Ministry of Finance means that you may be excluded from crypto casino winnings taxes. You won’t be breaking any laws, and yet you will enjoy a completely safe online gambling endeavor.
Future of Crypto Gambling in Serbia
Eastern Europe is not always synonymous with good gambling or crypto legislation regimes, but Serbia seems to be a step forward in that regard. It is one of the very few countries in the region that has made online gambling completely legal, and it seems like the mechanisms in place are more than efficient in overseeing the industry and protecting players from gambling-related harm.
Cryptocurrency trading is also legal, so Serbia has all the groundwork laid out for the crypto gambling industry to prosper.
All this leads us to a logical conclusion: the crypto gambling market in the country is flourishing, and it will surely continue to do so in the near to long-term future. More operators seek to enter the Serbian gambling market to answer the ever-growing demand for crypto casino games, and you can exclusively jump on the wagon by registering with Cryptorush now!
Gamble at the Best Crypto Casino in Serbia
Now that we have gone through all the necessary features and factors that drive the Serbian gambling scene, one thing is left for you to do: start your crypto-gambling adventure and enjoy its numerous perks.
You don’t need to search for the best crypto casino in Serbia, as the most respected operator is right in front of you. Cryptorush offers you the complete suite of crypto casino games from all top game providers, hefty bonuses to boost your bankroll and prolong your gameplay, as well as safe, anonymous, and low-fee transactions through dozens of cryptocurrencies.
FAQs
Is it safe to gamble with crypto in Serbia?
Of course it is. Both crypto trading and online gambling are 100% legal in the country, so as long as you choose a secure online gambling platform with a valid license, you have nothing to worry about. One such site is Cryptorush, so you won’t make a mistake by starting your online gambling adventure here.
Which games can I play at crypto casinos in Serbia?
The game catalogue at prominent crypto gambling platforms is a never-ending one. It includes various online slots, table games, live dealer games, as well as speciality games that fall under the scratchcards and crash multiplier game sections.
Do Serbian crypto casinos offer bonuses?
Yes, as a registered crypto casino player at top casinos in Serbia, you will get exclusive access to hefty bonuses. Starting from the inviting welcome bonus all the way to various reload offers, free spins, and a VIP program, you will be well-rewarded for your continuous gameplay on the site.
What is the best cryptocurrency for gambling in Serbia?
This mainly depends on your preferences as a player. Having mentioned that, you will get to choose from the likes of Bitcoin, Ethereum, Tether, Tron, and Litecoin, so the choice is vast, to say the least.
How fast are crypto payments at casinos in Serbia?
One of the main traits of crypto gambling is that you will get to enjoy lightning-fast transactions. Once the casino approves your payout request, you can expect the money to arrive in your crypto wallet within minutes—if not faster.