Is XMR gambling legal?

Monero Gambling Sites

Monero (XMR) is arguably the most privacy-driven cryptocurrency around. It has paved the way for complete and absolute anonymity in your transactions. Being a pioneer in that field, today, even after almost a decade of activity, it only has a couple of competitors, a sign of how unique it is. Given Monero’s unique function, it is the most natural fit if you wish to stay under the radar.

This is only one of the reasons Monero gambling sites are a very attractive proposition for gaming. Unparalleled privacy, low transaction fees and incredible speeds for your withdrawals. Let’s see exactly why Monero is an ideal option for crypto gambling.

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Why go for Monero Casinos

Crypto has already become a popular and established option in online gaming. This is not a surprise, considering cryptocurrencies offer by far more flexibility and features than traditional money. Naturally, Monero casinos fit like a glove into this situation.

The exotic technology behind XMR ensures your transactions are invisible and untraceable by anyone, making your game stealthier than ever. Check out our picks of Monero-friendly casinos that provide fast withdrawals, excellent bonuses, as well as an impressive variety of games.

Casino

Rating

Monero Wallet

Highlights

Jackbit Review

4.1/5

Deposit Bonus

20+ Coins

7,000+ Games

Over 100 Providers

Changelly & Moonpay

Bonus Up To100 FS

What are the strengths of XMR Gambling

Monero, whose name translates to money in Esperanto, is actually one of the oldest cryptocurrencies around. Launched back in 2014, aiming to fill the need for complete privacy in crypto transactions. XMR is the absolute solution for any player aiming to hide transactions regarding their gambling activity. And it is so safe that a mistake will even make it invisible and uncrackable even by the owner of the funds. Let’s go through some of the many benefits of XMR gambling.

The decentralized nature of crypto and especially Monero’s network literally means that there is no way for anyone to put any kind of restriction or crypto regulation in general. This comes especially handy for players who wish to access Monero online casinos . And the best part is you will not even need to go through hoops in order to access the vast majority of crypto sportsbooks. In fact we do recommend you not use a VPN at all. It will only complicate things, as operators may block you for using one.

The fascinating technology of ring signatures XMR uses, allows you to completely mask your transactions and render them completely invisible to prying eyes. There is no need for either your bank or the authorities to have any knowledge of your leisure gaming activity. This is now entirely possible.

Sought out by all ambitious players, a good Bitcoin casino bonus is always hot. The majority of Monero gambling sites offer exquisite bonuses with attractive terms and conditions that respect your bankroll. The reason behind this is the peer to peer aspect of crypto, which diminishes the operational costs for the casino.

Common traits of the best Monero Gambling Sites

Incidentally, there are numerous characteristics that the best crypto casinos with XMR share. To that end, this does not mean that all gambling sites have them. Make a habit of looking for them in every casino you consider placing your hard-earned money.

Reasonable terms and conditions

One of the things that you should do before registering for an account and starting your gambling with Moreno is to research and carefully read the terms and conditions of the operator. Make sure that you understand how withdrawal policy works, whether the casino processes them manually or not, and the limits for your withdrawals per week, month, and so on.

Relative to that, understand the levels of verification you need to go through because, undoubtedly, you will need to provide some identification upon your withdrawal. You should also place terms and conditions regarding bonuses under scrutiny, which is an essential part of all Bitcoin casino reviews. The wagering rules basically affect how you will be able to take advantage of the bonuses offered.

Two Types of XMR Gambling

There is a common distinction among casinos that accept not only XMR gambling but also crypto in general. There are the hybrid casinos, the ones that accept both cryptocurrencies and fiat -traditional- money. These types of casinos will accept your deposit in Monero, Bitcoin or any other coin but will convert them to fiat during your time playing with them.

This practice protects you from crypto price volatility but prevents you from having any extra gains if the Monero price rises. On the other hand, there are crypto-only casinos, which allow you to keep your bankroll in crypto the whole time. Of course, what we mentioned for hybrid casinos is true here, but in reverse. Make your pick wisely.

Quantity and Quality of Games

Make sure that the Monero online casinos you consider playing offer a robust quantity and quality of games. Don’t settle for a selection of anything less than a few thousand games and look out for spectacular live casino options. Top providers like Evolution, Play'n GO and Netent are super popular, so make sure to seek their games out too for a truly blockbuster casino experience. For convenience, make sure you check out some of the best Monero Gambling sites we have assorted.

RATING

4.3/5

YEAR EST

2020

120% Bonus up to $20,000

Crypto Bonuses

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XMR Casinos with In-Game Wallets

Casino

Rating

Crypto Wallets

Highlights

Jackbit

4.1/5

Deposit Bonus

20+ Coins

7,000+ Games

Over 100 Providers

Changelly & Moonpay

Bonus Up To100 FS

Most crypto casinos advertise that their withdrawals are instant. Even though Monero’s high-speed network allows for such transactions, they seldom are the case in practice. This is because the operators have specific daily, weekly or monthly withdrawal limits or manually process cashouts.

That is a surefire way to cause a delay in getting your precious gains in your hands and into your crypto wallet. Speaking of which, make sure you never lose or share the keys to your Monero wallet and transactions. Otherwise, you will not see your funds again.

Many Monero gambling sites feature a sportsbook too. This may seem handy at first, but like all things in life that claim to combine functions, something will be subpar in terms of performance, often both sides. Be very careful with Monero sportbooks that are integrated into a casino site.

Most of the time, they lack the quality of a very good sportsbook. More particularly, they usually lack competitive odds and popular features, such as bet builder or advanced cashout. This is simply because the operator can not focus and excel in both the sportsbook and the casino at the same time.

Another common disillusionment regarding casinos is that all bonuses are attainable. In fact, in the majority of cases, the opposite is true. Make sure you do not bother with anything with a rollover of 20-25x your bankroll. Look for the expiration dates, too, before claiming your offer.

Pro Tips

Bombastic Bonuses usually are unattainable due to wagering requirements

Diversification is key for your bankroll

XMR is a reliable coin with a solid use case

You will have no issue trading XMR in large exchanges

Instant withdrawals are not true most of the time

Online reviews go a long way; do not dismiss them

How to Deposit for XMR gambling

Now that we went through the basic traits you should know about Monero gambling sites, let’s see practically how to get started with them. Make sure you set up a crypto wallet that can store XMR, because this is where you will send your Monero as soon as you buy them from exchanges. Never send funds directly to a gambling site from an exchange; exchanges detect this through the transparency of the blockchain and they will lock you out of your funds.

After sending your newly bought coins to your wallet, transfer them to the Monero online casino of your choice and your wallet there will top up your bankroll. You are now ready to enjoy your favorite slots, poker & roulette tables.

Monero Transaction Tips

NEVER send your Monero from an exchange to the casino directly
ALWAYS keep at least some XMR in your wallet for fees
Do NOT lose your ring signature unless you want your funds to disappear forever
TRIPLE check the address you are sending to
Secure your seed phrase offline

Is XMR Gambling a good choice

Nowadays, most crypto casinos are on par with traditional ones, if not much better in many instances. You have a clear gem hidden in plain sight, considering this and adding the fantastic possibilities for under-the-radar gambling that Monero offers.

Through XMR gambling, you will enjoy stealthy gaming at its finest, along with quality in games and features you will find in the cream of the crop of casinos. Regardless of the steep learning curve in crypto, provided you are meticulous and methodical, you have a good chance of not only enjoying yourself but making good gains too.

Casino

Jackbit

4.1/5

YEAR EST

2022

20+ Coins

7,000+ Games

Over 100 Providers

Changelly & Moonpay

Pragmatic Play

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No Limit City

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FAQs

XMR or Monero is a digital asset, namely a cryptocurrency that focuses on privacy. Monero has been around since the early days of cryptocurrencies in 2014. It has been established as the go-to option for people that wish to go completely under the radar. For the same reason, it has received some criticism due to alleged ties with the underworld and criminal activities, which use Monero to mask their transactions for obvious reasons.

Monero is special because it uses a unique technology called ring signatures that mixes your transactions among others, essentially rendering them invisible and untraceable by no one. Some even go as far as to say XMR achieves so much in a field that BTC was supposed to excel. As the growing popularity of crypto gambling has shown, there is room for all coins that offer something unique.

XMR gambling is very safe, provided you make a habit of playing with trusted operators. Look for casinos that have been around for a while, possess a license and have excellent online reviews. A great quantity of games is a must, as well as live casino options from top providers. Lastly, beware of exorbitant bonuses because they are not always as good as they seem due to poor terms for your wagering.

Practically, gambling with XMR is legal in most parts of the world. Make sure you meet the minimum age requirements for gambling in your country and that crypto is legal in your region too. Other than that, you will most likely be fine and do not access the casino using a VPN.

Monero Gambling Sites

Why go for Monero Casinos

What are the strengths of XMR Gambling

No geographic restrictions

Complete Privacy

Very attractive offers and bonuses

Common traits of the best Monero Gambling Sites

Reasonable terms and conditions

Two Types of XMR Gambling

Quantity and Quality of Games

XMR Casinos with In-Game Wallets

What to watch out for in Monero Online Casinos

Manual Withdrawals

Two in One is not always a good overall choice

Absurd wagering in Welcome Bonuses

How to Deposit for XMR gambling

Monero Transaction Tips

Is XMR Gambling a good choice