Best Bitcoin and Crypto Casinos in 2026

The crypto casino market has split into two distinct lanes. On one side, you have traditional Bitcoin gambling sites like Stake.com, BitStarz, and now Legendz accepting players across Europe, LATAM, and other international markets via Bitcoin, Ethereum, and other tokens.

On the other, a growing class of sweeps casinos in the US, featuring Legendz, SpeedSweeps, and Casino Click, allow crypto as a payment rail to provide casino-style games under sweepstakes law.

Below, we break down the five most popular crypto casinos across both categories. We start with traditional crypto casinos that use blockchain for deposits, wagering, and withdrawals. If you’re in the US, skip ahead to our social casino reviews. Those casinos are built specifically for American players.

How crypto casinos actually work

A crypto casino is any online gambling or gaming site that accepts cryptocurrency for deposits, wagers, or purchases. Beyond that shared trait, the mechanics vary significantly depending on the operating model.

Traditional crypto casinos (International)

Crypto casinos like Stake.com, BitStarz, and Legendz hold gambling licenses, typically from Curaçao or similar jurisdictions, and allow you to deposit BTC, ETH, LTC, DOGE, USDT, and other tokens directly into a casino wallet. You wager with crypto, win in crypto, and withdraw to your personal wallet. The game outcomes rely on random number generators (RNG) or, in some cases, provably fair algorithms that let you verify results on-chain.

These casinos are widely available across Europe, Latin America, Asia, and other regions but are not available to US players. Withdrawals are typically instant, sent directly back to your crypto wallet with no bank processing delays. KYC (know your customer) requirements tend to be lighter at signup, though most operators will request verification for large withdrawals.

Crypto sweepstakes casinos (US-approved)

Sweepstakes casinos like Legendz, SpeedSweeps, and Casino Click follow a different legal structure than traditional crypto casinos. You purchase Gold Coins (GC), and each purchase comes with free Sweeps Coins (SC) as a bonus. The Sweeps Coins are what carry redeemable value. Because you never buy them directly, these casinos qualify under US sweepstakes law rather than gambling regulation.

Most sweeps crypto casinos accept Bitcoin, Ethereum, Litecoin, USDT, and other tokens for Gold Coin purchases. You transfer crypto from your wallet, the GC and bonus SC hit your account, and choose from the games menu. These casinos offer slots, table, live dealer, and even crash games. When you’re ready to cash out, you redeem your SC winnings back to your crypto wallet. Each casino has its own list of restricted states, typically ranging from 7 to 15 exclusions.

Key differences at a glance

🇬🇧 🇨🇦 🇪🇺 International crypto casinos

These casinos are available across Europe, Latin America, Asia, and other international markets. You wager directly with Bitcoin, Ethereum, and other tokens. If you’re based in the US, skip to the sweeps section below.

1. Stake.com: The global crypto casino benchmark

Accepts: BTC, ETH, LTC, USDT, USDC, DOGE, SOL, XRP, and 12+ more Founded: 2017 License: Curaçao (No. 1668/JAZ), plus Mexico, Colombia, Peru Availability: Global (no US)

Overview

Stake.com is one of the highest-volume crypto gambling sites in the world. Founded by Australians Ed Craven and Bijan Tehrani, the site has built its profile through partnerships with the UFC, Formula 1, and the English Premier League, along with high-profile streaming collaborations.

Stake.com operates as a full-service crypto casino and sportsbook. You deposit Bitcoin, Ethereum, Litecoin, USDT, USDC, and other supported tokens directly from a personal wallet, then wager across casino games or sports markets without any currency conversion layer.

Games and sports betting

Stake.com hosts over 4,000 titles from providers including Pragmatic Play, Play’n GO, Hacksaw Gaming, Relax Gaming, and Evolution. The casino also features roughly 30 Stake Originals, in-house games like Crash, Mines, Plinko, Dice, and Tarot, all built with provably fair verification so you can independently audit each outcome.

The sportsbook covers more than 35 sports, from major leagues to niche markets, with pre-match and live betting options.

Bonuses and banking

Deposits land via direct wallet-to-wallet transfer. Stake.com supports BTC (including Lightning Network for near-zero fees), ETH, LTC, USDT, USDC, and a range of altcoins. Crypto withdrawals process near-instantly in most cases, with larger amounts potentially requiring additional verification. Fiat bank withdrawals are also available and take approximately three business days.

The welcome offer is a 200% match on first deposits up to $2,000–$3,000 depending on region. The bonus carries a 40x wagering requirement, with casino games at a 4% house edge contributing at full value and lower-edge games contributing proportionally less. Sports bets contribute 75% of the wagered amount. Beyond the welcome bonus, Stake runs a tiered VIP program with rakeback, weekly cashback, and reload bonuses for active players.

Who Stake.com suits best

Best for international players in Canada or Argentina that want to gamble directly with BTC or ETH without a virtual currency intermediary. The combination of a proven sportsbook, provably fair originals, and fast crypto payouts makes it a benchmark in the traditional crypto casino category.

2. Legendz: Newest crypto casino with sportsbook

Accepts: BTC, ETH, LTC Founded: 2024 Availability: Global (no US)

Overview

Legendz launched a global crypto casino in 2026. The company already operates a sweeps casino in the US (see below) and has an excellent reputation for rewards and payouts. On the global site, you deposit and wager directly with Bitcoin, Ethereum, Litecoin, and other supported tokens — no fiat option at all. You pick a token, send it from your wallet, and start playing. Withdrawals go back the same way with no bank processing delays.

Games and sportsbook

The casino lobby features over 400 titles from more than 20 providers, including Hacksaw Gaming, BGaming, 3 Oaks Gaming, Playson, and NetEnt. In-house Legendz Originals (Mines, Plinko, Castle Climb, and others) break up the slot rotation with arcade-style mechanics not found at competing crypto casinos. The live casino runs through Live88 with exclusive tables.

The sportsbook covers 30+ sports markets with prop bets, parlay options, and direct crypto wagering across all lines. Among crypto casinos at this scale, the sportsbook integration is a standout.

VIP and community

The tiered VIP program (Pioneer through Legend) delivers escalating bonuses, account manager access at higher levels, and a tier reset if activity lapses for a month. Daily leaderboard races for both casino and sportsbook add a competitive layer.

Who Legendz suits best

Best if you want a sportsbook-inclusive crypto casino backed by a team with deep iGaming experience. The same brand also operates a US sweepstakes casino version if you need domestic access.

3. BitStarz: The original Bitcoin casino

Accepts: BTC, ETH, LTC, BCH, DOGE, USDT (500+ via auto-conversion) Founded: 2014 Operator: Dama N.V. License: Curaçao Availability: Global (no US)

Overview

BitStarz has been operating since 2014, making it one of the longest-running crypto casinos in existence. It accepts both cryptocurrency and fiat currency, with over 500 tokens available through auto-conversion in the cashier.

Games

The game library runs between 4,000 and 6,500+ titles depending on your region, sourced from providers like NetEnt, Microgaming, Play’n GO, Nolimit City, and Evolution. BitStarz Originals (Plinko, Crash, Dice, Mines) run on provably fair algorithms. Live casino covers blackjack, roulette, baccarat, and game shows. There’s no sportsbook.

Banking and bonuses

Crypto withdrawals process in under 10 minutes in most cases — effectively an instant withdrawal casino — and one of the fastest among traditional Bitcoin casinos. No fees on any payment method.

The welcome package spans four deposits totaling up to 5 BTC + 180 free spins, with a 40x wagering requirement and a 7-day clearing window. Slots contribute 100% toward wagering; table and live games contribute 5%. Weekly Slot Wars tournaments distribute €5,000 in cash and 5,000 free spins. VIP Starz Club members get unlimited withdrawals, custom bonuses, and weekly cashback.

Who BitStarz suits best

Best for international crypto holders who want the deepest altcoin support, a decade of operational history, and a massive game catalog. BitStarz is still one of the most trusted Bitcoin casinos operating, and the 500+ supported cryptocurrencies make it the most flexible option if you hold assets beyond BTC and ETH. The 40x wagering requirement on bonuses is a drawback worth factoring in.

🇺🇸 US crypto and Bitcoin casinos

Traditional crypto casinos don’t operate in the US, but several sweepstakes casinos now let you purchase and redeem with Bitcoin, Ethereum, and other tokens. You purchase Gold Coins with BTC, ETH, LTC, USDT, or other supported tokens from your wallet, receive bonus Sweeps Coins usually equal to or more than your purchase amount, and redeem SC winnings back to crypto. It’s not real money gambling, but it’s the closest thing to a crypto casino experience for US players.

Stake.us: First bitcoin US casino from the Stake.com team

Accepts: BTC, ETH, LTC, DOGE, USDT, XRP, TRX, BCH, and 12+ more Launched: 2022 Availability: US only (~30 states; restricted in WA, NY, NV, ID, KY, MI, VT, NJ, DE, WV, PA, RI, CT, MD, LA, MT, AZ, TN, CA)

Overview

Stake.us is the US sweepstakes sister site to Stake.com, built by the same team behind one of the largest crypto casinos in the world. It follows the standard GC/SC model, but crypto is the default payment method rather than an afterthought. You purchase Gold Coin packages with BTC, ETH, LTC, DOGE, USDT, and 15+ other tokens, and each package comes with bonus Stake Cash.

The game library includes 2,000+ titles from providers like Hacksaw Gaming, BGaming, NetEnt, and Pragmatic Play. Stake Originals carry over from Stake.com, and they’re provably fair — a rare feature among sweepstakes casinos. The live casino section is also deeper than most competitors in the category.

Crypto purchases and redemptions

Stake.us supports 20+ cryptocurrencies for GC purchases, the widest crypto range in the US sweepstakes category. Crypto redemptions are near-instant, with most payouts arriving in your wallet within minutes. The minimum redemption is 40–50 SC depending on your state, and the daily cap is $10,000 ($5,000 in Florida). All bonus SC carries a 3x playthrough requirement before redemption, which is higher than the 1x standard at most sweepstakes casinos.

Who Stake.us suits best

Best for US crypto holders who want the deepest token support and provably fair games in a sweepstakes casino. The 20+ supported tokens and near-instant crypto payouts make it the most crypto-native option in the category. The 3x playthrough is the main tradeoff.

Legendz US: Sweepstakes + social sportsbook

Accepts: BTC, ETH, LTC Founded: 2024 Availability: US only (~43 states; restricted in CT, ID, KY, LA, MI, MT, NE, ND, NV, NJ, NY, WA, WV)

Overview

Legendz is one of the few operators that serves both international and US audiences under the same brand. The US version follows the standard sweepstakes model. Gold Coins for entertainment, Sweeps Coins for promotional play that can be redeemed for prizes. You can purchase GC packages with BTC, ETH, LTC, and other supported tokens.

Games and sportsbook

The casino lobby features over 400 titles from more than 20 providers, including Hacksaw Gaming, BGaming, 3 Oaks Gaming, Playson, and NetEnt. In-house Legendz Originals (Mines, Plinko, Castle Climb, and others) break up the slot rotation with arcade-style mechanics not found at competing Bitcoin casinos. The live casino runs through Live88 with exclusive tables.

The sportsbook covers 30+ sports markets with prop bets and parlay options. This is a genuine differentiator. Most competing sweepstakes casinos don’t offer sports at all.

Payments and redemption

The welcome offer delivers 500 GC + 3 SC at signup with no purchase required. A 100% bonus on the first Gold Coin purchase (up to $100) adds additional SC. Sweeps Coins carry a 1x playthrough requirement, and Legendz guarantees all eligible redemptions are processed within two hours. If the two-hour window is missed, you receive 10 free spins as compensation. A 2.9% processing fee on purchases was introduced in late 2025.

Cash redemptions require a minimum of 100 SC. Gift card redemptions start at 50 SC and typically arrive within 24 hours. Cash payouts land within 1–5 business days.

VIP and community

The tiered VIP program (Pioneer through Legend) delivers escalating bonuses, account manager access at higher levels, and a tier reset if activity lapses for a month. Daily leaderboard races for both casino and sportsbook add a competitive layer. The referral program pays 50 SC when three referred friends each make a qualifying purchase.

Who Legendz US suits best

Best if you want a sweepstakes casino and sportsbook in one place, with fast guaranteed redemptions and a proven ownership group. The two-hour payout guarantee is the most aggressive commitment in the category. Legendz also operates a global crypto casino version for international players.

SpeedSweeps: Built around instant redemptions

Accepts: BTC, ETH, LTC, USDT, USDC, XRP Launched: April 2025 (soft launch) Availability: US only (~40 states; restricted in CT, DE, HI, ID, LA, MD, MI, MT, NV, NY, NJ, WA)

Overview

SpeedSweeps arrived in spring 2025 and quickly established a reputation around one core promise: instant redemptions. In a category where payout timelines remain one of the most common player complaints, SpeedSweeps built its brand identity on speed. Most redemptions process within minutes, and crypto payouts (Bitcoin in particular) have been reported at under 15 minutes from approval to wallet.

Games

The library has expanded rapidly since launch, reaching 1,500–2,200+ titles from more than 40 providers including Betsoft, Hacksaw Gaming, Red Rake Gaming, KA Gaming, Gamzix, Evolution, and ICONIC21. The slot selection is the foundation, with over 1,300 titles spanning classic reels, Megaways, hold-and-win formats, and progressive jackpots.

SpeedSweeps offers 76 fish games from KA Gaming, more than any other sweepstakes casino currently offers. Live dealer games were added recently through CreedRoomz and Evolution, covering blackjack, roulette, baccarat, and niche options like Andar Bahar and Teen Patti.

There’s no sportsbook.

Payments and redemption

SpeedSweeps accepts BTC, ETH, LTC, USDT, USDC, and XRP for Gold Coin purchases, though crypto buying is currently limited to VIP members. All players can redeem SC winnings back to crypto regardless of VIP status.

Sweeps Coins carry a 1x playthrough requirement. Cash prize redemptions require a minimum of 100 SC; non-cash prizes start at 10 SC. The instant redemption system processes most payouts within minutes. Crypto withdrawals, particularly Bitcoin, have been tested and confirmed at under 15 minutes in multiple independent reviews.

VIP and promotions

A 7-tier VIP program is managed through Telegram, with perks including personalized promotions, faster support, VIP-only events, and priority coinbacks. Weekly purchase boosters rotate on a set schedule: 10% on Tuesdays, 15% on Thursdays, 20% on Saturdays. A 15% weekly coinback returns a percentage of losses every Wednesday.

The welcome package delivers 50,000 GC + 1 SC at registration. That’s above the industry average for Gold Coins, though below average for initial Sweeps Coins. First-purchase bundles offer meaningful SC boosts.

Who SpeedSweeps suits best

Best if you prioritize fast, reliable payouts above all else. The instant redemption system and broad payment flexibility, especially the crypto-to-wallet speed, give SpeedSweeps a clear edge for anyone frustrated by multi-day processing at other sweepstakes casinos.

Casino Click: Crypto-friendly sweepstakes with daily rewards

Accepts: BTC, ETH, SOL, DOGE, ADA, LTC, XRP, USDT Launched: Late 2024 Availability: US only (~43–45 states; restricted in WA, NV, ID, KY, MI, CT, MT)

Overview

Casino Click entered the sweepstakes market in late 2024 and has carved out a niche as a crypto-friendly option with a recurring daily reward structure. Casino Click follows the standard GC/SC dual-currency model, but leans harder into cryptocurrency than most of its sweepstakes peers, supporting 9 crypto tokens for both purchases and prize redemptions.

The casino is still building out its game library and feature set, which currently lacks a VIP program and sportsbook. What it does have is consistent daily login bonuses, 24/7 customer support across live chat, email, and phone (a rarity in the sweepstakes space), and one of the lowest entry points in the category at $1.99 for a Gold Coin package.

Games

The game library sits around 300+ titles, leaning heavily toward slots from Relax Gaming, Hacksaw Gaming, ReelPlay, Print Studios, Fantasma Games, and Betsoft. Virtual table and card games powered by ICONIC21 include blackjack, roulette, and baccarat. Live dealer options are also available through ICONIC21.

The catalog is smaller than SpeedSweeps or Legendz, but the quality of providers is strong and the casino has signaled more titles are in the pipeline. There’s no sportsbook.

Payments and redemption

Casino Click supports BTC, ETH, LTC, DOGE, SOL, XRP, ADA, USDT, and additional tokens through MoonPay and Transak. That’s one of the broadest crypto ranges in the sweepstakes category outside of SpeedSweeps.

Sweeps Coins carry a 1x playthrough on slots and 3x on specialty/table games. The minimum redemption threshold is 100 SC ($100), which is on the higher end for the category. Crypto payouts typically arrive within 24 hours, with a daily redemption cap of $5,000 in select states.

Bonuses and promotions

The no-deposit welcome bonus is 100,000 GC + 2 SC, competitive for the category. The first-purchase bonus adds up to 300,000 GC + 22 SC with a qualifying bundle. Where Casino Click stands out is the daily login reward: 20,000 GC and 10 free SC slot spins every day. Social media giveaways, mini-games, and mail-in SC requests round out the promotional rotation.

There’s no VIP or loyalty program at this point, which is a notable gap compared to tiered systems at Legendz and SpeedSweeps.

Who Casino Click suits best

Best for US players who hold altcoins beyond BTC and ETH and want to use them at a sweepstakes casino. The 9-token crypto support is the widest in the category, and the recurring daily SC spins keep your balance topped up between purchases.

Head-to-head: How all seven compare

Which token should you use?

The table above shows which casinos accept crypto, but if you’re deciding which token to deposit with, here’s what matters for gambling transactions specifically.

How to choose a crypto or bitcoin casino

The right casino depends on three things: where you are, how you want to transact, and what you prioritize in gameplay.

If you’re in the US, traditional crypto casino sites like Stake.com and BitStarz are off the table. Your options are sweepstakes casinos: Stake.us, Legendz (US), SpeedSweeps, and Casino Click. The choice comes down to whether you want the deepest crypto support and provably fair games (Stake.us), a sportsbook alongside your casino games (Legendz), the fastest payouts (SpeedSweeps), or recurring daily rewards with broad altcoin support (Casino Click).

If you’re outside the US, you have three bitcoin casino options. Stake.com leads on sports betting and brand partnerships. Legendz offers a sportsbook-inclusive crypto casino from a team with deep iGaming experience. BitStarz wins on altcoin variety, game library depth, and longevity.

If you hold BTC or ETH specifically, every casino on this list supports both. The difference is whether you’re wagering with them directly (Stake.com, Legendz, BitStarz) or using them to purchase virtual coins (Stake.us, Legendz US, SpeedSweeps, Casino Click).

If you hold altcoins beyond the top 10, BitStarz is the clear choice with 500+ supported tokens. Stake.com and Stake.us both support 20+ tokens. Casino Click covers 9 tokens including Solana and Cardano. Legendz and SpeedSweeps have more limited crypto options.

If payout speed is your priority, SpeedSweeps, Stake.us, and BitStarz deliver the fastest processing in their respective categories. Legendz’s two-hour guarantee with compensation adds accountability that others haven’t matched. Casino Click’s 24-hour crypto turnaround is respectable but slower than the competition.

What to watch in the crypto casino space

Every casino on this list could look different in 6 months. Here’s what’s most likely to change:

State-level sweepstakes regulation continues to tighten. After six states enacted explicit bans in 2025, the Indiana Gaming Commission chairman stated in January 2026 that nine more states are either currently or expected to consider anti-sweepstakes legislation during the 2026 session. Florida’s proposed HB 591 would make operating internet gambling a third-degree felony. 

Pragmatic Play, a well known crypto games provider, has already exited the US market entirely, and others have begun restricting content state by state. 

Casinos that currently operate in 30–40 states could see that number contract further before the end of the year.

At the federal level, the regulatory trajectory is moving away from crypto enforcement rather than toward it. The DOJ’s April 2025 memo “Ending Regulation by Prosecution” disbanded the National Cryptocurrency Enforcement Team and refocused digital asset enforcement on fraud, sanctions evasion, and terrorism financing — deprioritizing gray-area classification disputes. 

The CFTC, now under Chairman Michael Selig (confirmed December 2025), is pursuing a pro-innovation stance through the Crypto Sprint initiative and the Digital Assets Pilot Program, which permits tokenized assets as collateral on regulated exchanges. 

Congress passed the GENIUS Act establishing a stablecoin regulatory framework, and the CLARITY Act created pathways for crypto trading on CFTC-regulated exchanges. 

None of this legislation directly addresses crypto gambling or sweeps models, but the broader shift toward crypto legitimacy is already filtering into regulated gambling. In January 2026, DraftKings confirmed crypto-to-cash deposits are rolling out in Illinois, Kentucky, New Hampshire, and Vermont. This opens crypto-to-cash deposits to online sports bettors in certain states.

On the other side, crypto casinos that accept Bitcoin internationally are facing increasing pressure from provider-level geo-restrictions. BitStarz’s own terms list NetEnt games as restricted in over 40 territories including Australia, the UK, Spain, Hong Kong and much of Eastern Europe. 

Certain branded games carry additional country blocks on top of that. BitStarz itself is fully blocked in the US, UK, France, Netherlands, Sweden, Israel, and dozens more jurisdictions. These restrictions aren’t set by the casino. These restrictions are imposed by providers complying with their own licensing obligations or responding to regulatory pressure in specific markets. 

As more jurisdictions tighten real money gambling rules, providers are likely to expand their restricted territory lists, further fragmenting the game libraries available to international crypto casino players depending on where they’re located.

On the product side, the convergence of sweepstakes casinos and crypto is still in its early days. Legendz’s expansion into global crypto market signals that the line between traditional crypto casinos is expanding. Expect more operators to pursue dual-market strategies as the regulatory picture changes.

Frequently asked questions

What does provably fair mean?

Provably fair is a crypto verification system that lets you confirm the game’s outcome wasn’t manipulated. You’re going beyond trusting a casino to verifying that the games aren’t rigged 

The system relies on three inputs: a server seed (generated by the casino before each round), a client seed (generated by your browser, which you can change), and a nonce (a counter that increments with every bet). 

Before the round begins, the casino shares a hashed version of the server seed. A hash is a one-way cryptographic function: you can’t reverse-engineer the original seed from it, but you can later verify that the original seed produces that exact hash. After the round, the casino reveals the unhashed server seed. You run both seeds and the nonce through the same algorithm. If the output matches the result you were dealt, the game was fair. If the casino had swapped the seed mid-round, the hash wouldn’t match.

Among the casinos in this guide, Stake.com and Stake.us offer provably fair verification on their Stake Originals library (Crash, Dice, Plinko, Mines, and others). BitStarz supports provably fair on its in-house originals (Plinko, Dice, Crash). Third-party slots and live dealer games from providers like Pragmatic Play, Evolution, and NetEnt do not use provably fair systems. They rely on certified random number generators (RNGs) audited by firms like iTech Labs or eCOGRA.

Are crypto casino winnings taxable?

It depends on your jurisdiction, how it classifies gambling income, and how it treats cryptocurrency disposals. Three examples that cover the most common approaches:

United States:

The IRS treats crypto gambling winnings astaxable income, reported at fair market value on the date you receive them. That’s the gambling tax event. But there’s a second layer: because the IRS classifies cryptocurrency as property, any change in token value between when you receive your winnings and when you sell or convert them creates a separate capital gains event. If you win 0.1 BTC when it’s worth $9,500 and sell it a week later at $10,000, you owe income tax on the $9,500 and capital gains tax on the $500 appreciation.

Starting in 2026, crypto brokers must issue Form 1099-DA reporting transactions to the IRS. Offshore casinos won’t send these forms, but the IRS is increasingly using blockchain analysis tools to track unreported activity. Gambling losses can be deducted, but only against gambling winnings, not other income — and the One Big Beautiful Bill Act (signed July 2025) now caps deductible losses at 90% of winnings starting in tax year 2026, down from 100%. That means a player who wins $10,000 and loses $10,000 in the same year now owes tax on $1,000 of “phantom income.” The W-2G reporting threshold also rose from $1,200 to $2,000 for 2026.

United Kingdom:

HMRC does not tax gambling winnings for individual recreational players, regardless of whether payouts arrive in GBP, crypto, or any other form. The UK uses agross profits tax model where all gambling duties are levied on operators, not players. The Remote Gaming Duty is set to rise from 21% to 40% in April 2026, but that applies to operators, not player winnings. However, if you reinvest your winnings (savings interest, stocks, property), the returns on those investments become taxable under normal rules. And if HMRC classifies you as a professional gambler (gambling is your primary income source, conducted regularly and systematically), your winnings may be treated as business income. Crypto winnings held and later disposed of at a higher value are subject to capital gains tax at 18% or 24% depending on your income band.

Australia: 

The ATO generally does not treat recreational gambling winnings as ordinary income or as capital gains. It’s published guidance on crypto gambling confirms that gains and losses from gambling directly are disregarded for CGT purposes. However, if you win crypto and hold it as an investment, any subsequent disposal (selling, converting, or spending it) triggers CGT based on the market value at the time you won it versus the disposal price. The ATO has also stated that frequent, systematic gambling activity could be treated as assessable income rather than recreational gambling, though meeting that threshold is uncommon for casual players.

Tax rules on crypto gambling sites are complicated in all jurisdictions. Consult a tax professional before making any assumptions.

Do crypto casinos require KYC?

It depends on the type of casino and how much you’re transacting.

International crypto casinos in this guide have tiered verification systems. Stake.com uses four KYC levels: Level 1 (name, DOB, address) is required to create an account, and Level 2 (government-issued photo ID) must be completed before any withdrawal is processed. Levels 3 (proof of address) and 4 (source of funds documentation) are triggered by larger withdrawals or flagged activity. Stake’s AML policy states that accounts reaching a withdrawal threshold “dependent on the account’s risk characterisation” will be suspended until KYC is completed, with mandatory verification for amounts over $10,000. Since early 2025, Stake.com no longer allows unverified accounts to place bets or deposit. BitStarz requires KYC for withdrawals of $2,000 or more, or at the request of security. Both platforms reserve the right to request verification at any time.

US casinos (Stake.us, Legendz US, SpeedSweeps, Casino Click) require identity verification before your first redemption. This includes confirming age, identity, and state of residence before any prize fulfillment. This is non-negotiable regardless of transaction size. You may also receive a W-1099 form for tax purposes.

This guide is for informational purposes only. Online gambling and sweepstakes participation may be restricted or illegal in your jurisdiction. Always verify local laws before playing. If you or someone you know has a gambling problem, contact the National Council on Problem Gambling at 1-800-522-4700.