Best Crypto Casino in Spain
Online gambling has a very strong foundation in Spain. The country has a long and productive history with gambling in general, and we can attribute the highly developed industry to the gambling legislation in the country. Nevertheless, the emergence of crypto casino Spain sites has presented new questions. So let’s walk you through the key features that constitute the crypto casino gaming industry in Spain.
How Do Top Bitcoin Casino Sites in Spain Work?
Crypto casinos in Spain function the same as any other fiat online gambling platform in terms of games offered, win potential, and security features. Nevertheless, if you are to gamble at a crypto gambling platform, you ought to know that they come with several distinctive attributes:
- Crypto Transactions: The most obvious difference is that you will make deposits and withdrawals with cryptocurrencies like BTC, ETH, LTC, and co.
- Provably Fair Games: Instead of RNGs, provably fair technology is used in crypto casino games. With it, you can independently verify the fairness and integrity of each game round.
- New Types of Games: Besides the traditional slots, table games and live dealer games, crypto casinos in the online gambling space will offer you specialised titles such as crash multiplier games.
- Blockchain Security: Due to their decentralised nature and the use of cryptography, blockchains are generally very secure. That way, no one can tamper with your transactions.
These are just some of the common features you will find at a typical Bitcoin casino Spain, but bear with us as we uncover why Cryptorush is the most feature-rich crypto casino.
Key Factors for Playing at Spanish Crypto Casino
The world of crypto casinos Spain is a very exciting and promising one, but successfully navigating through it requires you to know its main features. Here is a sneak peek of the key information related to crypto gambling in the country.
Online Gambling Legality in Spain | Online gambling has been legal since 2011 |
Crypto Trading Legality | Although cryptocurrencies are not regulated like financial instruments, crypto trading is legal in the country |
Gambling Regulator in Spain | The Directorate General for the Regulation of Gambling |
Gambling Law | The Spanish Gambling Act of 2011 |
Types of Casino Games | Slots, casino table games, live casino games, bingo, and poker |
How to Deposit and Withdraw in Crypto Casinos
Most Popular Cryptocurrencies in Bitcoin Casino
Making crypto casino transactions requires you to have a wallet from where you will send and receive money to and from your Cryptorush account. With that in mind, here are a few of the most used crypto assets among crypto punters in Spain.
Bitcoin
The first Bitcoin casino showed up shortly after the cryptocurrency was introduced in 2008. Bitcoin is also the name of the public blockchain used to create and manage the associated currency. The blockchain itself is protected with a SHA-256 hashing algorithm, which encrypts the data in the blocks. Due to the crypto’s popularity and liquidity, Bitcoin casinos are among the most sought-after among Spanish players.
Ethereum
Moving on, Ethereum is a decentralised software platform also backed by blockchain technology, but it is most commonly widespread for its native crypto, Ether. Ethereum has a far-reaching use in blockchain and decentralised finance app development, but the demand for top Ethereum casinos has never been higher. Due to the network’s self-executing smart contracts, ETH transactions tend to be a tad faster than Bitcoin, which is a welcome sight for punters.
Tether
USDT is the symbol that you will need to search for if you are to play at Tether Casinos. This is a cryptocurrency that is linked with the value of the US dollar, which places Tether under the stablecoins umbrella. USDT casino is backed by Tether’s dollar reserves, and a company named Tether issues the cryptocurrency. There are no other notable differences when playing at USDT casino sites; you can still buy the token from any exchange and enjoy swift and low-fee transactions.
Tron
In many ways, Tron is vastly compared to Ethereum, as both represent blockchains that can be used for creating decentralised applications. The native token here is TRX, but there is a big difference to ETH: the former is not used on the chain for transaction fees. Before playing at a TRX casino, you need to know that the crypto is not minable and is not available to purchase at some of the biggest crypto exchanges.
Litecoin
Finally, Litecoin deserves special mention, as this crypto was created from a fork of the Bitcoin blockchain. Developed in 2011, the idea behind every Litecoin casino was to eliminate the concerns that Bitcoin was becoming centralised. Litecoin shares many similarities with Bitcoin but has a different algorithm and is solely focused on becoming a medium for daily transactions. Arguably the biggest benefit that comes with Litecoin is that its processing speed is much faster than its cousin Bitcoin.
Staying Anonymous with Bitcoin
All Bitcoin transactions you make as a registered crypto casino punter are recorded on the blockchain. It is public, so everyone can see them, but transactions are pseudonymous, which means that they show addresses and not your actual identity.
Moreover, a major benefit of gambling at a crypto-dedicated sportsbook and casino site is that you will not need to go through meticulous ID checks upon registration. No-KYC crypto casinos allow you peace of mind knowing that all you will need to share is your email address and come up with a new username and password.
Finally, all newbies in the crypto casino sphere need to know that they can implement another layer of anonymity and protection to their gameplay—a VPN. As one of the best VPN-friendly crypto casinos, Cryptorush allows you to bypass any possible country restrictions by masking your IP address, which is also an anonymity feature you can employ.
Crypto Casino Bonus Offers for Spanish Players
One of the reasons why crypto casinos seem to take over the entire gambling industry is their rewarding scheme with generous bonuses. Registering will make you eligible for the welcome bonus package, but the story is far from finished. Here are some of the exclusive bonuses you will get to claim as a crypto casino player:
- Welcome Bonus: As briefly mentioned above, a generous welcome bonus package awaits you once you register and make your deposit. You can expect a deposit match package that will boost your bankroll.
- Reload Bonuses: Moving on, all players who have already made one or more deposits, thus having “loaded” their account, can claim a so-called “reload bonus” that can help them increase their gambling bankroll.
- Free Spins: A special no-deposit bonus that you get to use on certain online slots.
- VIP Program: Besides the competitive bonuses mentioned above, you can expect your loyalty and continuous wagering to be rewarded through a multi-layered loyalty program or a VIP scheme. Personalised bonuses, cashback, faster withdrawals and birthday gifts are some of the benefits of such programs and clubs.
Before you claim any Bitcoin casino bonus, complete your due diligence and carefully read the terms and conditions to understand the rules you need to follow when using the bonus money.
Bitcoin Casino Safety and Security
There are a couple of main factors that contribute towards your online safety when playing games at crypto casinos. First off, we have the aforementioned blockchain, which is a digital ledger of transactions that is managed by a network of computers. Everyone can read the ledger and add more data, but transactions first need to go through security measures to be added to the blockchain.
Furthermore, no one can tamper with existing data, as any attempt of that kind results in the hacker being thrown out of the network, all of which are features unseen with traditional payment methods. Besides the secure payment options and the blockchain itself, a top crypto-friendly operator will hold a licence from a trusted regulator and protect all your data through advanced SSL encryption protocols and responsible gambling tools that help you control your gameplay and spending.
Online Gambling Regulations in Spain
The online casino regulation in Spain is pretty straightforward. Spain is characterised by a well-established gambling regulatory framework. The General Directorate for the Regulation of Gambling is in charge of overseeing the gambling industry, which itself is regulated by Law 13/2011 of the Spanish Gambling Act.
The Act itself is pretty simple: online casino games can be offered via so-called “singular” licenses, which are issued for 3-5 years. The General Directorate for the Regulation of Gambling is in charge of monitoring casinos and responding to breaches by imposing penalties or maybe even revoking licenses—in extreme cases.
Official Spanish Regulatory Body
Interestingly enough, the Directorate General for the Regulation of Gambling is part of Spain’s 2030 agenda, which covers various social justice, economic efficiency and environmental protection measures.
Regulator Name | Directorate General for the Regulation of Gambling |
Year of Establishment | 2011 |
Jurisdiction | Casino gaming, poker, bingo, sports betting |
Headquarters | Madrid |
Taxes on Winnings at Crypto Casinos
Any winnings you generate at crypto casinos are taxable in Spain. Crypto holdings are considered capital assets, so you need to tax them under savings income; thus, they are subject to personal income tax in the country.
Future of Crypto Gambling in Spain
Now that we have covered nearly all there is about the Spanish crypto casino world, we can say that the future looks more than just promising. The country has one of the most robust online casino regulations in Europe, and we fully expect it to change its lenient approach to crypto trading.
Gambling with BTC and other major digital currencies seems to be the new frontier of the casino world and we are all excited to see how it all develops in Spain in the near future.
Register and Play at the Best Crypto Casino Spain
Based in Spain and don’t know how to start your crypto casino experience? Well, you have landed just at the right place.
Signing up at Cryptorush will grant you access to the best casino offer in the world—countless crypto slots, live casino titles, and crash games coupled with rewarding bonuses and the fastest payouts in the industry, all in one place.
FAQs
Is it legal to play at crypto casinos in Spain?
Online casino gaming is legal in Spain, but cryptocurrencies are not regulated as financial instruments. As such, you will need to choose an offshore operator that accepts players from Spain to play games and make deposits with crypto.
Which types of casino games can I play at a crypto operator?
Once you dive into the crypto casino world, you can look forward to a massive game selection that includes all the crypto slots, live casino games, and much more. Industry-leading providers like Pragmatic Play and Evolution Gaming will ensure you are always up-to-date with the latest exciting titles.
How fast are crypto transactions?
Compared to traditional fiat currencies, crypto transactions are inherently lightning-fast due to the decentralised nature of the blockchain.