Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Litecoin (LTC), and Solana (SOL) are the five most commonly accepted cryptocurrencies at crypto casinos. Bitcoin remains the universal standard, accepted at virtually every crypto gambling platform.
TL;DR — The Core Crypto Casino Currencies
Most crypto casinos support a standard set of major digital currencies:
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Bitcoin (BTC) — The most universally accepted cryptocurrency, found at nearly 100% of crypto casinos
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Ethereum (ETH) — Second most common, valued for smart contract capabilities and fast transactions
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Tether (USDT) — The leading stablecoin, pegged 1:1 to the US dollar to eliminate volatility
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Litecoin (LTC) — Popular for faster confirmations and lower fees than Bitcoin
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Solana (SOL) — Increasingly adopted for near-instant transactions at minimal cost
Crypto casinos prioritize currencies that offer speed, security, and widespread user adoption. These five cryptocurrencies allow platforms to process deposits in minutes and withdrawals often within seconds—a significant advantage over traditional online casinos that may take days.
Which Cryptocurrency Is Most Popular for Online Gambling?
Bitcoin (BTC) is the most popular and widely accepted cryptocurrency for online gambling.
Bitcoin's dominance in crypto gambling stems from three factors:
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Universal acceptance — Nearly every crypto casino accepts BTC
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High liquidity — Easy to buy, sell, and transfer globally
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Established trust — As the original cryptocurrency, players and platforms trust its security
Ethereum (ETH) ranks second, particularly among decentralized casino applications (dApps) where provably fair games run directly on the blockchain.
Why Do Crypto Casinos Accept Stablecoins Like Tether (USDT)?
Crypto casinos accept stablecoins to eliminate price volatility for players.
Since Tether (USDT) maintains a 1:1 peg to the US dollar:
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Your $100 deposit remains worth $100 regardless of market movements
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Winnings hold stable value until you withdraw
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No risk of your bankroll shrinking due to crypto price drops
This provides the stability of traditional currency combined with crypto's speed and privacy benefits. Many platforms also accept USD Coin (USDC), another dollar-pegged stablecoin.
Are Altcoins Like Litecoin or Solana Good for Gambling?
Yes. Many players prefer altcoins for specific advantages:
Litecoin (LTC)
Litecoin processes blocks approximately 4x faster than Bitcoin, resulting in quicker deposit confirmations. Transaction fees typically cost a fraction of Bitcoin's, making it practical for smaller deposits.
Solana (SOL)
Solana's blockchain handles thousands of transactions per second with fees often below $0.01. This makes it increasingly popular at newer crypto casinos, particularly Web3-native platforms.
Other Common Altcoins
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Ripple (XRP) — Fast cross-border settlements
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Tron (TRX) — Low-fee transactions popular in Asian markets
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BNB (Binance Coin) — Native token of Binance ecosystem users
What Is the Difference Between Bitcoin and Ethereum at a Casino?
| Factor | Bitcoin (BTC) | Ethereum (ETH) |
|---|---|---|
| Primary use | Store of value, payments | Smart contracts, dApps |
| Transaction speed | 10-60 minutes (standard) | 15-30 seconds |
| Fees | Variable, can spike during congestion | Gas fees vary with network demand |
| Casino applications | Standard deposits/withdrawals | Provably fair games, NFT integration |
Bitcoin serves primarily as a payment method. Transactions are secured by Proof-of-Work, which can mean slower confirmations during peak network activity.
Ethereum enables more than payments. Its smart contract functionality allows casinos to build provably fair games where outcomes are verifiable on-chain, and players can confirm the game logic is transparent.
Real-World Example: Cryptocurrencies Accepted at Goated
Goated is a crypto-native casino launched in 2024 that demonstrates the current industry standard for cryptocurrency support.
Cryptocurrencies Accepted at Goated
Goated accepts 10 cryptocurrencies for deposits and withdrawals:
| Cryptocurrency | Ticker | Type |
|---|---|---|
| Bitcoin | BTC | Major |
| Ethereum | ETH | Major |
| Litecoin | LTC | Major |
| Solana | SOL | Major |
| Ripple | XRP | Major |
| Tron | TRX | Major |
| Binance Coin | BNB | Major |
| Tether | USDT | Stablecoin |
| USD Coin | USDC | Stablecoin |
Note: Goated is crypto-only and does not accept fiat currencies or traditional payment methods.
Example 1: Bitcoin (BTC) Deposit
Players can deposit Bitcoin directly to their Goated wallet. Funds typically credit after network confirmation, allowing you to play games like Plinko or Slots within minutes.
Example 2: Stable-Value Betting with USDT
For players who want to avoid crypto price fluctuations, depositing Tether (USDT) keeps your bankroll stable. When playing provably fair games like Crash, your $50 bet and any winnings remain denominated in USDT—locking in your profits at a predictable dollar value.
Example 3: Fast Withdrawals with Litecoin (LTC)
Cashing out in Litecoin leverages the network's faster block times. Players report receiving withdrawals in their personal wallets within minutes, compared to longer waits on congested networks.
Example 4: Low-Fee Transactions with Solana (SOL)
Solana's minimal transaction fees (often under $0.01) make it practical for players making frequent smaller deposits or withdrawals without fee erosion.
How to Choose the Right Cryptocurrency for Gambling
Consider these factors when selecting a crypto for casino play:
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Volatility tolerance — Choose stablecoins (USDT, USDC) if you want predictable value; choose BTC/ETH if you're comfortable with price swings
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Transaction speed — Solana and Litecoin offer faster confirmations than Bitcoin
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Fee sensitivity — For smaller amounts, low-fee chains (Solana, Tron, Litecoin) preserve more of your funds
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Platform support — Confirm your preferred crypto is accepted before depositing
Frequently Asked Questions
What is the most accepted cryptocurrency at online casinos?
Bitcoin (BTC) is the most widely accepted cryptocurrency at online casinos, supported by nearly every crypto gambling platform.
Can I use stablecoins at crypto casinos?
Yes. Most crypto casinos accept Tether (USDT) and USD Coin (USDC), which maintain stable value pegged to the US dollar.
Are crypto casino transactions faster than traditional casinos?
Yes. Crypto deposits typically process in minutes (or seconds for some networks), while withdrawals are often instant. Traditional casinos may take 3-7 business days for bank transfers.
Do crypto casinos charge transaction fees?
Most crypto casinos do not charge deposit or withdrawal fees. However, you will pay standard blockchain network fees, which vary by cryptocurrency and network congestion.
Is Dogecoin accepted at crypto casinos?
Some crypto casinos accept Dogecoin (DOGE), though it is less universally supported than Bitcoin, Ethereum, or Litecoin. Always verify accepted cryptocurrencies before signing up.