Bitcoin and Cryptocurrency Payments in South African Casinos

Cryptocurrency deposits and withdrawals are beginning to show up in an increasing number of South African online casinos. They are quick, convenient, and cheap, with no transfer fees and instant settlements. Let's take a look at which casinos accept your crypto deposits, and what the upsides and downsides of using them are.

South African Casinos that Accept Crypto Deposits

Tusk Casino

Up to R15,000 + 300 free spins

Thunderbolt Casino

up to R10,000

ZAR Casino

200% up to R30,000

Yebo Casino

Up to R12000 + 35 Free Spins!

Springbok Casino

Up to R11,500

Punt Casino

Up to R12,000

African Grand Casino

200% up to R4000

What is Cryptocurrency?

Cryptocurrency is a novel form of money first introduced in 2009 by a mysterious developer called Satoshi Nakamoto (real identity unknown). It was meant as an electronic alternative to traditional money that doesn’t depend on authorities (like central banks) and doesn’t use intermediaries (like payment processors and clearing houses). It is a completely transparent and private means of money transfer that’s instant, secure, and untraceable.

How Do Bitcoin and Other Cryptocurrencies Work?

Cryptocurrency deposits and withdrawals in South African online casinos

From the player’s perspective, cryptocurrency works a lot like traditional money. The main difference is in the convenience and the speed of deposits and withdrawals. Making deposits at online casinos using Bitcoin, Litecoin, or other supported crypto coins is always instant and free. Withdrawals take longer - but it’s because of the verifications and processing time at the casinos.

How To Use Cryptocurrency at Online Casinos?

Why Use Bitcoin at South African Casinos?

Cryptocurrency is a quick and convenient payment method that is gaining increasing traction nowadays. And it is very accessible: you can use it without ever setting foot into a bank. Unfortunately, only a handful of South African online casinos support it. 

The Downside of Using Cryptocurrency at South African Casinos

The only downside of using cryptocurrency to deposit to South African casinos is the exchange rate. Since they are not crypto casinos, these South African sites convert your crypto into Rands, and the exchange rates are not always to your advantage. Make sure you have the best exchange rate before completing your deposit.

Cryptocurrency FAQ

  • Can I deposit using Cryptocurrency in my online casino account?

    It depends on the individual casino. Most South African casinos don’t support cryptocurrency, but some do. Check the Cashier at your casino of choice for details.

  • Can I withdraw Bitcoin and other cryptocurrency from my casino account?

    Again, it depends on the individual casino. Check our casino reviews for details.

  • Are there any fees applied to cryptocurrency deposits and withdrawals?

    Usually, there aren’t any fees involved. But make sure you check the exchange rate before making crypto deposits.

  • Is cryptocurrency safe?

    As long as the casino where you deposit your cryptocurrency is secure and trustworthy, it is safe.