Best Bitcoin Crypto Casinos in Nigeria 2023

Best Bitcoin Crypto Casinos in Nigeria 2023

Online gambling platforms have evolved to fulfil most of the gambling needs of numerous players worldwide. Thus, the best crypto casinos in Nigeria have taken over the online gambling market due to the increased demand for digital payment options. Furthermore, crypto casinos offer a few benefits over regular fiat-money casinos, such as a high level of security and anonymity, which are essential in online gambling. Some people prefer performing transactions using conventional currencies like nairas, while others like making payments using digital currencies like crypto. As such, more people and businesses, including online casinos, have begun to recognise cryptocurrencies as a mode of payment.

Since cryptocurrencies are decentralised, it’s easy to achieve cross-border transactions and avoid certain restrictions of traditional fiat payment systems. Crypto casinos allow players to deposit, wager, and withdraw winnings using cryptocurrencies. You can play using Bitcoin, Ethereum, or any other supported cryptocurrency. This review will list the top Crypto Casinos in NG, give the history and key features of cryptocurrencies, explore popular exchanges where one can buy crypto for online gambling, and provide different types of wallets for storing them, among other features.

Best Bitcoin Crypto Casinos JUNE 2023

CasinoWelcome OfferRatingBonusVisit
USSD payment option
122 Bet22 Bet ReviewGet up to $300 on your first deposit!
$300Players from US welcomePlay now!
2GGbetGGbet ReviewUp to $1000 on your first three deposits!
$1000Players from US welcomePlay now!
3N1 CasinoN1 Casino Reviewup to $400 on your first four deposits!
$400Players from US welcomePlay now!
Interswitch payments
4ParipesaParipesa ReviewGet up to NGN750,000 on four deposits!
NGN750,000Players from US welcomePlay now!
5BetwinnerBetwinner Review$1500 on your first four deposits!
$1500Players from US welcomePlay now!
61XBet1XBet ReviewUp to ₦150,000 on four initial deposits!
₦150,000Players from US welcomePlay now!
7Zodiac BetZodiac Bet ReviewGet up to ₦440,000 on four deposits!
₦440,000Players from US welcomePlay now!
Huge bonus!
8BC.GameBC.Game ReviewUp to ₦101,630,000 bonus on four initial deposits!
₦101,630,000Players from US welcomePlay now!
9BitkingzBitkingz ReviewGet up to 20% cashback every day!
20% cashbackPlayers from US welcomePlay now!
10BitStarzBitStarz ReviewClaim up to ₦230,000 on your first four deposits!
₦230,000Players from US welcomePlay now!
11WazambaWazamba ReviewUp to ₦250,000 on the first deposit!
₦250,000Players from US welcomePlay now!
12Nine CasinoNine Casino ReviewUp to ₦225,000 on three deposits!
₦225,000Players from US welcomePlay now!
Wilfred K. Written & published: 01.04.2023 By author Wilfred K.
Brad I. Reviewed & updated: 22.05.2023 By gambling expert Brad I.

About cryptocurrencies

The origin of cryptocurrency can be traced back to 1983 when David Chaum, an American cryptographer, presented a paper at a conference proposing a pseudonymous cryptographic electronic money concept. His vision was to create a currency that could be sent anonymously without the need for centralised intermediaries such as banks. In 1989, Chaum developed his initial ideas further and created Digicash, a proto-cryptocurrency that required user software to withdraw money from a bank using unique encrypted keys before transferring it to the recipient. Later, in 1998, Nick Szabo developed Bit Gold, often seen as a precursor to Bitcoin. Bit Gold involved users contributing computer power to solve cryptographic puzzles in exchange for rewards. Combined with Chaum’s concept, it resulted in a product that was similar to Bitcoin.

Emergence of Bitcoin

Szabo’s Bit Gold concept did not resolve the issue of double spending, as digital data could not be duplicated and reused without the intervention of a central authority. It was not until October 31, 2008, that a person or group of people using the pseudonym Satoshi Nakamoto published a white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System,” which addressed the double spending issue. The white paper detailed the operation of the Bitcoin blockchain network, which involved creating immutable data structures. In January 2009, Satoshi mined the Genesis Block, marking the birth of the Bitcoin network. Bitcoin’s value increased steadily over the years until July 2017, when a software upgrade to Bitcoin was approved to improve security and support the development of a layer-two scaling solution known as the Lightning Network.

Great alternative to Bitcoin

In the same year (2017), Ethereum, a blockchain-based project, gained significant traction in the cryptocurrency community and became the second most popular cryptocurrency by market capitalisation since its launch in July 2015. Ethereum introduced smart contracts to cryptocurrencies, opening doors for new projects such as Cardano and Tezos. Furthermore, Ethereum enables other platforms to launch and operate on its blockchain, unlike Bitcoin. Nevertheless, cryptocurrencies generally feature numerous key elements such as decentralised nature, anonymity and privacy, financial data security, flexibility, fast transactions, transparency, etc.

Bitcoin quick facts

✅ Name Bitcoin
⚡ Type Cryptocurrency
⚖️ Incorporated Decentralized
👨‍💻 Website bitcoin.org
📅  Founded 2009
🤵 Support No
💵 Market cap $10,235,076,116
💳 Deposit Yes
⚡Deposit time Instant
💰 Withdrawal Yes
⭐ Withdrawal time Instant

Where to buy cryptocurrency for online casino gambling

Since financial institutions don’t regulate cryptocurrencies, you can’t just buy them from your bank or investment firm. Instead, you must create a cryptocurrency trading platform account to exchange fiat currency like NG nairas (or other currency) for digital assets. These trading platforms are known as crypto exchanges, which serve as digital marketplaces where one can buy and sell crypto using fiat currencies or trade one cryptocurrency for another. Moreover, you can exchange cryptos for fiat currencies and leave them as cash in your account (if you wish to switch to cryptos in the future) or cash out the funds to your fiat account. You can buy and trade cryptocurrencies from popular crypto exchange platforms such as Binance, KuCoin, ByBit, Gemini, etc.

  • Binance

    Binance

    Binance is a popular cryptocurrency exchange platform founded in 2017 by Changpeng Zhao. Currently, it’s the world’s leading blockchain ecosystem, with a product suite that includes the largest digital asset exchange. The Binance platform allows users to buy, sell, and trade numerous cryptocurrencies using fiat or other cryptocurrencies. The company has rapidly become one of the largest and most active cryptocurrency exchanges, with millions of users worldwide and billions of daily transactions. In addition to its trading services, the company provides access to a range of additional tools like the Trust wallet and services such as staking, margin trading, futures trading, and more.

    Users have been at the heart of everything the company does. Hence, Binance has always prioritised user protection from the beginning. The company has embedded state-of-the-art security measures and strict data privacy controls across the entire Binance ecosystem, ensuring all customer data and personal information is protected from third-party access. Binance is well-known for its user-friendly interface, low transaction fees, and vast selection of cryptocurrencies. In addition, the exchange platform has a native cryptocurrency called Binance Coin (BNB). BNB is a stablecoin used to pay trading fees on the Binance platform and allow access to certain features.

  • KuCoin

    KuCoin

    With its headquarters in Seychelles, KuCoin is a cryptocurrency exchange platform founded in September 2017 by two tech geeks (Michael and Eric). This platform allows users to buy, sell, and trade cryptocurrencies. The company employs cutting-edge technologies to create valuable services to improve accessibility to the blockchain revolution. KuCoin supports a wide range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Tether, Dogecoin, etc. Furthermore, the company offers a user-friendly interface alongside other products and services such as crypto lending, margin and futures trading, NFT marketplace, etc. KuCoin offers a secure, user-friendly, and professional wallet with the support of its ecosystem.

    With the availability of a mobile app, users can trade on the go and keep track of their transactions 24/7. Notably, the company has a one-stop wealth management service platform (KuCoin Earn) where customers can use various financial products to increase the value of their holdings on the platform. Furthermore, the company has a native token known as KuCoin Token (KCS), which offers a profit-sharing model between the platform and its users. The KCS was originally an ERC-20 token based on the Ethereum blockchain, incentivising KuCoin users to enjoy a stream of passive income by holding it. In addition, KCS holders get special discounts on trading fees and receive exclusive access to initial token offerings from new and upcoming projects, among other perks.

  • ByBit

    ByBit

    Bybit is a cryptocurrency derivatives exchange platform that allows users to trade numerous cryptocurrency contracts, including perpetual contracts, futures, and options. The company, founded in 2018 by Ben Zhou, is based in Singapore, with offices in Taiwan and Hong Kong. Bybit offers trading pairs for major cryptocurrencies such as Bitcoin, Ethereum, APE, XRP, EOS, and other altcoins. The platform provides a user-friendly interface, a fast trading engine, copy trading services, and advanced trading features such as adjustable leverage, stop-loss orders, and take-profit orders. In addition, users have access to a mobile app where they can trade on the go from any location.

    Furthermore, Bybit strongly focuses on security, with features such as two-factor authentication (2-FA) and regular security audits to ensure the safety of your funds. The exchange platform is available in over 160 countries and 16+ languages. In addition, ByBit has been levelling the playing field by making digital assets more intuitive, affordable, and inclusive; all to fulfil its mission of democratising finance for all. Moreover, the platform offers a Bybit Earn feature where users can earn interest on their cryptocurrency holdings. ByBit Earn provides two types of products: flexible-term and fixed-term.

Bitcoin video review

 

How to keep crypto for online gambling

To safe-keep your digital coins, crypto wallets store your private keys on servers connected to the internet (hot wallets) or off the internet (cold wallets). You can also store your cryptos in wallets provided by exchange platforms (exchange wallets). The private keys serve as proof of ownership and allow users to access their digital funds when they need to make transactions. Furthermore, these wallets allow users to send and receive cryptocurrencies such as Bitcoin and Ethereum. 

You should note that if you lose your private keys, you’ll lose access to your digital coins. Therefore, you should always keep your private keys secure, regularly back up your wallet to protect against potential loss or theft or use reputable wallet platforms such as Metamask, Exodus, Coinbase, etc. Below is a review of the different types of wallets used for storing cryptocurrency.

  • Cold wallets

    A cold wallet is a crypto wallet that stores your private keys offline (away from the internet). They are considered one of the most secure as they are not prone to hacking attempts. This is because hackers can’t access your private keys remotely since the servers are not connected to the internet. Nevertheless, you should know there’s no way to recover your crypto if you lose your cold wallet or forget your private keys. Therefore, it’s best to take appropriate measures to secure your wallet and back up your private keys.

    In addition, cold wallets can be in the form of hardware or paper wallets. Hardware wallets are physical devices that store your private keys offline. Users can connect them to their computers to perform transactions or check their balances. On the other hand, paper wallets are simply a printout of your private keys. Although they are cheap and offer an easy way to store cryptocurrencies offline, they are also susceptible to physical damage or loss. Ledger Nano S and Trezor are the most popular hardware wallets.

  • Hot wallets

    Unlike cold wallets, hot wallets are connected to the internet, making them more vulnerable to hacking. Thus, to protect your cryptocurrencies, it’s advisable to use a reputable hot wallet vendor and implement appropriate security measures, such as two-factor authentication (2-FA), and regularly back up your wallet. Despite the security downside, being online makes it convenient for users to perform transactions quickly and easily access their cryptocurrencies.

    Hot wallets come in numerous forms, including desktop, mobile, and web-based wallets. Desktop hot wallets are software programmes that are installed on your computer. They store your private keys locally on your device but are still susceptible to security breaches if your computer is compromised. On the other hand, mobile hot wallets are apps installed on your mobile device, allowing you to access your cryptocurrencies on the move easily. However, they’re also vulnerable to hacking if your device is stolen or compromised. Lastly, web-based hot wallets, or browser-based wallets, are hosted on a server by a third-party provider. They’re accessed through a web browser and are the least secure type of hot wallet. This is because they’re highly susceptible to unauthorised access and don’t have the same level of privacy as other hot wallets.

  • Exchange wallets

    From the name, these are crypto wallets provided by cryptocurrency exchange platforms. They’re used to store cryptocurrencies as you trade on the exchange. When you sign up for an account on a cryptocurrency exchange, you’re assigned a wallet address that you can use to deposit your crypto onto the exchange. Upon depositing, these funds are stored in the exchange’s wallet. Exchange wallets are convenient because they allow users to easily deposit and withdraw cryptocurrencies while trading on the platform.

    Nevertheless, they’re considered less secure than cold wallets because they’re vulnerable to hacking attacks. You should note that unlike banks or other financial institutions, cryptocurrency exchanges are not governed by any government or regulatory authority. Therefore, if the exchange platform gets hacked or goes out of business, you risk losing all the crypto you’ve stored in your wallet. As a precaution, it’s advisable to keep small amounts of cryptocurrencies in these wallets and regularly withdraw your funds to a more secure wallet.

Key features of cryptocurrencies

Cryptocurrencies generally feature numerous key elements that make them an attractive alternative to conventional currency and payment systems. However, they also come with unique risks and challenges. Below is an outline of some of the main features of cryptocurrencies.

  • Pseudo-anonymity

    As a player, pseudo-anonymity is crucial since it helps protect your privacy and prevent sharing of personal information to third-party platforms such as online casinos. Although blockchain transactions are publicly visible, the transaction parties’ identities remain hidden. In these transactions, users are identified by their public addresses (a series of random characters unrelated to their real identities) rather than by their real names or personal details. In addition, some cryptocurrencies, such as Monero and Zcash, employ advanced privacy features, providing greater anonymity than others. These cryptocurrencies use stealth addresses, ring signatures, and zero-knowledge verification to encrypt transaction details and offer users more privacy.

  • Fast transactions

    One of the significant perks of cryptocurrencies is that they offer lightning-fast and efficient transactions. Crypto transactions are usually completed within seconds or minutes, unlike traditional payment systems, which may take days or weeks to process. Nevertheless, numerous factors can influence transaction times and vary depending on the cryptocurrency. For instance, cryptocurrencies use blockchain technology to verify and record transactions, processing payments quickly and efficiently without intermediaries or go-betweens. On the other hand, transaction fees contribute to the speed of transactions. By paying a higher transaction charge, your transaction gets priority, ensuring it’s processed swiftly. Similarly, lower transaction fees can lead to slower transactions.

  • Decentralised nature

    Cryptocurrencies operate on a distributed ledger called the blockchain. This means that unlike in a traditional financial system where the government or a bank controls the issuance and circulation of money, there’s no central authority or organisation governing the currency. In addition, all crypto transactions are verified and recorded by a network of computers worldwide. Therefore, power is distributed among users, who all have a copy of the blockchain and can confirm the transactions. This decentralised nature features several benefits, such as reducing the risk of fraud and manipulation. In addition, it can enhance a transaction’s speed and efficiency since no intermediaries are required to verify and process. Nevertheless, this feature can also present challenges like regulatory issues and the possibility of illegal activities like money laundering.

Most popular cryptocurrencies in NG online casinos


Despite high roller online casinos’ accepting a wide range of conventional payment alternatives, some players prefer cryptocurrency due to its cost-effectiveness and transaction speed. Below is a review of popular cryptocurrencies accepted by top crypto casinos in Nigeria.

  • Bitcoin

    Bitcoin

    Bitcoin (BTC) is a digital currency that uses blockchain technology to generate a unique identifier. Created in 2009 by an unknown person (s) using the pseudonym Satoshi Nakamoto, BTC has since grown to become the world’s most popular cryptocurrency. It’s created through a process known as mining, in which computers solve complex cryptographic hash puzzles to validate transaction blocks updated on the distributed blockchain network. Playing in online casinos that accept Bitcoin as a payment option has several perks, including low transaction processing fees, lightning-fast transactions, secure peer-to-peer transfers, and anonymity. However, the value of bitcoin is highly volatile and subject to significant price fluctuations.

  • Litecoin

    Litecoin

    Litecoin (LTC) is an altcoin created to address some of Bitcoin’s inadequacies, such as slow transaction processing time. Unlike BTC, which has evolved into a “store of value” crypto for long-term purposes, LTC is suitable for daily transactions such as depositing funds in the best cryptocurrency casinos. Its mining algorithm was forked from the Bitcoin source code in 2011 by Charlie Lee (a former Google engineer), who added a few modifications and used a different hashing algorithm called Scrypt, resulting in faster transaction processing speeds. Like Bitcoin, LTC employs blockchain technology to create a decentralised public digital ledger of all transactions, allowing it to operate independently of government regulation.

  • Ethereum

    Ethereum

    Ethereum (ETH) is a blockchain-based platform that allows developers to create decentralised applications (dApps) and execute smart contracts. It was built in 2013 by Vitalik Buterin but was available for purchase in July 2015. He aimed to create a digital currency with faster transactions, smoother operations, and lower service fees than Bitcoin. One of Ethereum’s distinctive features includes its ability to run and execute smart contracts. Smart contracts are programmes that run on the ETH blockchain network and can only be executed if all agreed-upon preconditions are met by both parties involved in the contract. This allows the automation of complex financial transactions, eliminating the need for intermediaries like banks or lawyers. Ethereum is often used in minimum deposit online casinos.

  • Tether

    Tether

    Tether is a stablecoin built on numerous blockchains such as Ethereum, EOS, Omni, Tron, Solana, etc. It’s commonly referred to as USDT, meaning its value is linked to the stable USD fiat currency asset. This attribute addresses the price volatility issue other cryptos face and reflects the US dollar’s market value across blockchains. Therefore, it’s an ideal payment option for Nigerian players in online crypto casinos, providing a much faster and more secure way to make virtual transactions. Additionally, USDT’s pegging feature distinguishes it from other cryptocurrencies, such as Bitcoin and Ethereum, in that its price is usually locked at 1:1 with the USD fiat currency. Therefore, USDT is often used as a bridge between different cryptocurrency exchange platforms since it can quickly and easily transfer value between other cryptocurrencies and fiat currencies.

  • Binance Coin

    Binance Coin

    As one of the top most used crypto exchange platforms in the crypto trading space, Binance created its blockchain and crypto token (Binance) in 2017. The Binance coin (BNB) began as an exchange token used to pay for transaction processing and trading fees on the Binance platform. Since becoming the Binance Smart Chain’s native currency, BNB has also been used as a payment option for the blockchain’s network fees. In addition, top crypto casinos in NG offer BNB as a payment method. BNB uses decentralised transaction ledgers that provide quick deposits and withdrawals without disclosing personal information to Bitcoin casino sites. This banking option is ideal for players who value their anonymity and offers the added advantage of cost-effective transactions.

How to deposit to crypto online casinos in Nigeria

Like in regular casino sites, depositing to crypto casinos in Nigeria is quick and easy. The crypto banking alternative is convenient, secure, and fast for players as the funds are credited immediately into their casino accounts. Below is a step-by-step procedure for depositing money in top Bitcoin casinos.

1

Read our recommended crypto casinos list

Choose your preferred operator, sign up for a player account and proceed to the banking/cashier section. You’ll be presented with numerous crypto payment options, such as BTC, LTC, ETH, USDT, etc., that you can use to fund your player account.

2

Pick your preferred cryptocurrency

Upon selecting, a new window with the crypto casino’s wallet address (one in QR code and the other in text format) will pop up.

3

Click the “Send” button

Scan the displayed QR code. It’ll automatically pick the casino’s wallet address and ask you to enter the amount you wish to transfer and authorise the payment. Alternatively, you can copy the casino’s address in text format from the casino site and paste it into your crypto wallet.

4

Check your account in a few minutes

Crypto deposits are usually processed instantly without transaction processing charges, meaning your gaming account will be credited within a minute or less. Once you’ve completed the payment process, you are free to put your skills and strategies to the test in real money casino games.

How to Withdraw from NG crypto online casinos

If you get lucky and hit the jackpot or land a substantial win, your next step is to go through the casino’s cashout procedure to receive your funds in your crypto wallet. The withdrawal process is usually quick and straightforward. Below is a breakdown of the entire cashout procedure from a Bitcoin casino site.

1

Click the “Withdraw” button

There’ll be a list of cashout options on display. Pick your preferred cryptocurrency, open your crypto wallet, and click on deposit. Select the same cryptocurrency as you did on the casino’s site and follow the issued instructions.

2

Return to the casino’s cashout page

You’ll be asked for your crypto wallet address there. Enter the address in the given space, fill in your preferred cashout amount, and click “Submit.”

3

 Wait for the request to be processed

Casino withdrawal times usually vary from one operator to the other, but most crypto casinos process requests within 24 hours or less.

4

Make sure the cryptocurrency finally arrived

Once your withdrawal request is approved, the operator will release your funds to your crypto wallet. You can now sell the cryptocurrency from your wallet and convert it to NG nairas or other fiat currencies.

Provably Fair games

The presence of provably fair games is a feature shared by many crypto casinos worldwide. These are online casino games such as roulette, blackjack, and slots, in which you use cryptographic algorithms to prove that the game results are random and fair. Primarily, if a player suspects that the results of the games have been rigged, they can verify each outcome to eliminate any doubts.

Although the Provably Fair feature is usually found in crypto casinos, it can also be implemented in any other online casino, regardless of the currency in which a player bets. Nevertheless, like cryptocurrencies, it’s based on blockchain technology. To describe it, Provably Fair is an algorithm that evaluates and validates the fairness of online casino games to its players. As a result, it helps ease most gamblers’ fears that online operators will defraud them of their money. The algorithm computes the results by using three variables. These include:

  • Server seed: The Bitcoin casino provides this variable.
  •  Client seed: It’s adjustable and provided by the browser you use to play the games.
  • Cryptographic nonce: This is a number that grows in direct proportion to the number of bets a player places.

How Provably Fair games work

provablyfairBefore beginning your gaming session, the casino will send you an encrypted server seed hash. With the hashing and randomness of the server seed, the operator and the gamer cannot modify it to suit their benefit. A client seed, on the other hand, is randomly generated by the player’s browser. You can adjust the seed before placing your wager or beginning to play to ensure that the online casino is unaware of your seed in advance. With the cryptographic nonce, the number will start at 0 or 1, depending on the operator, and will keep increasing each time you place a bet.

The algorithm generates a random game result using the nonce, server, and client seeds. To verify the outcomes, online casinos with these games provide a verifier tool on-site, allowing players to input the hashed seeds provided and the nonce to check if the result produced matches the one in the game. If the outcome matches, the game is entirely fair. These safeguard measures help to boost trust and confidence in Bitcoin casino games, making it a safer and more enjoyable experience for gamblers.

Crypto casino games in Nigeria

Aside from cost-effective and swift transactions, the best cryptocurrency casinos in NG offer numerous Bitcoin casino games ranging from slots and table games to live dealer games. Let’s explore the different casino games mentioned above.

  • slots

    Crypto slots in NG online casinos

    Online slot lovers can always find an impressive catalogue of slot titles to enjoy at online casinos that accept Bitcoin. You can play everything you like, stretching from classic slots to modern five-reel video slots. In addition, you can try your luck on different slot titles with progressive jackpot features if you fancy hitting the jackpot. When it comes to game features, some slots usually offer extra gameplay elements and bonuses such as free spins, bonus rounds, wild and scatter symbols, etc. Furthermore, some slot titles feature various winning mechanics like 243 Ways and Megaways.

    Read more

  • games

    Crypto table games in NG online casinos

    Top crypto casinos in NG provide their players with a diverse selection of table and card games. Some of Bitcoin casinos’ most popular table games include blackjack, roulette, baccarat, craps, sic bo, etc. Table games differ from online slots in that players have some control over how the game plays out based on their in-game strategies and decisions. Nevertheless, some of the table games will still require luck. For instance, with online roulette, you only have to predict or guess which number or section the ball will land on when the wheel stops spinning. In addition, keno, scratchcards, and craps are titles in the table games category.

    Read more

  • live

    Live casinos with cryptocurrencies in Nigeri

    A Bitcoin live casino combines the fun of playing online casino games with digital currencies and the excitement of playing in real time. Live casino games feature live real-life dealers streamed in HD to players from land-based casinos or special studios designed for this purpose. Compared to RNG-run table games, these games are ideal for players who prefer to witness the cards being dealt by the croupier or the roulette wheel spinning. Furthermore, some live casino games have a chat feature that allows players to communicate with the dealer or other players while playing. Live dealer games range from blackjack and roulette variations to baccarat and live game shows.

    Read more

Pros and cons of using crypto in online casinos

Positives:
Safety: Since crypto transactions are anonymous and don’t require any personal information to be processed, your details are secure from online fraud
Lightning-fast transactions: Crypto transactions are nearly instantaneous, usually taking an hour or less to complete
Cost-effective: Since no intermediaries are involved in a decentralised network, crypto transactions are usually subject to zero or nominal fees
Since cryptocurrencies are decentralised, your crypto account cannot be frozen due to the lack of a central regulatory authority in the crypto financial system
Cryptocurrencies aren’t subject to inflation; therefore, they cannot be mass-produced and thrown into the economy randomly to combat inflation like with fiat currencies
Negatives:
Price volatility: Unlike stablecoin prices, crypto values usually fluctuate daily. This is because of the limited amount of cryptocurrencies in circulation and their rising demand
Untraceable transactions: Although this is generally regarded as a benefit, cryptocurrencies can be linked to criminal activities. This is because untraceability facilitates fraud

Cryptocurrency alternatives for casino players from Nigeria

Payment method Link to read
🔥 Naira Mastercard Read more
💳 Visa Read more
📲 USSD Read more
📳 Opay Read more
💰 interswitch Read more
⚡ Neteller Read more
⭐ Skrill Read more
🤵 Agent deposit Read more
🔒 Internet banking Read more

Crypto casino bonuses in Nigeria

Top crypto casinos in Nigeria have a fantastic reputation for providing generous bonuses and promotions that help boost the bankroll and increase playtime for new and existing players. Below is an outline of the most common Bitcoin casino bonuses in NG.

  • welcome bonus

    Welcome bonuses in crypto online casinos

    Top crypto casinos in NG ensure new players have a great gambling experience by offering generous welcome bonuses. The welcome package usually comprises a percentage matching your initial deposit amount, free spins, and sometimes a combination of the two. Additionally, welcome bonuses come with specific wagering requirements that you must meet before withdrawing winnings associated with them. Please note that the welcome bonus is usually available exclusively to new players in the crypto casino.

    Read more

  • Match bonuses in crypto online casinos

    Match bonuses in crypto online casinos

    Commonly known to gamblers as reload bonuses, these offers are provided as a player-retention technique for the real money casino to re-engage with existing players who have been inactive or not deposited for a while. A match bonus is usually offered in monetary form to existing online players when they fund their player accounts. Players receive an offer from the Bitcoin casino that matches the amount they’ve deposited up to a certain percentage.

    For instance, suppose the crypto casino offers a 100% match bonus of up to 10,000 NG nairas. In that case, the online operator will give you an extra NGN 10,000 to play with if you deposit 10,000 nairas. Therefore, your new balance after redeeming the bonus will be NGN 20,000. Furthermore, in some cases, match bonuses are used to promote new games or casino events. Like welcome bonuses, reload offers also feature wagering requirements that you must meet before submitting a cashout request for winnings associated with the bonus.

    Read more

  • Crypto casino free spins

    Crypto casino free spins

    Free spins are bonuses that allow players to spin the slot reels without risking their cash. These offers can come as an individual bonus or combined with other rewards, such as the welcome package. Moreover, you can earn free spins by participating in casino events like tournaments where you get awarded for being the top player on the leaderboard or by regularly depositing into your player account (daily or weekly). It’s always recommended to read the wagering requirements associated with free spins since they vary from one casino to the other.

    Read more

Mobile crypto casinos in Nigeria

mobileThe best cryptocurrency casinos in NG employ HTML5 technology, ensuring no deterioration of the quality of mobile casino games. Mobile casinos offer players the convenience and comfort of using their portable devices to play their favourite titles on the go. In addition, mobile Bitcoin casino games are fully optimised for instant gameplay on mobile web browsers such as Chrome and Safari for Android and iOS-operated devices, respectively. Players are not required to download an additional software application to access the casino’s webpage on their mobile. However, some operators offer downloadable casino apps for Android and iOS. You can easily access essential casino features and services such as banking, bonuses, and customer services through your smartphone or tablet. Furthermore, mobile crypto casinos use SSL encryption technology to ensure the safety of your personal information and financial data.

Read more

Conclusion

From our review and analysis, the best crypto casinos offer a range of perks to players, including lightning-fast and more secure transactions, enhanced privacy, and greater access to transparent and fair casino games from top-tier vendors. In addition, top crypto casinos offer exceptional customer support, generous bonuses, promotions, and loyalty programs to incentivise players to keep playing and to reward their loyalty. To save you the hassle and ensure a secure gambling session, our team has critically vetted and analysed the provided list of the best crypto casinos in Nigeria. Additionally, this article has given the history of cryptocurrency, the pros and cons of crypto casinos, and explained the provably fair concept, among other information.

Cryptocurrency casinos FAQ

Where can I find the best crypto casinos?

You can find the best crypto casinos online or on this page. Our expert team has carefully vetted the operators for transparency, ensuring you have a smooth and secure gambling experience.

Are crypto casinos legal?

The only legal forms of gambling in NG are the lottery, land-based casinos, and sports betting, whereas roulette, dice games, and non-skilled card games are prohibited. However, there's still a grey area regarding online gambling and crypto casinos, with the law not explicitly stating whether they're legal or not.

How do crypto casinos work?

Crypto casinos allow players to deposit, wager, and withdraw winnings from their casino accounts using cryptocurrencies instead of fiat currencies.

Where can I buy crypto?

Numerous cryptocurrency exchange platforms exist for users to buy and trade crypto online through a peer-to-peer payment system. Some popular cryptocurrency exchanges include Binance, ByBit, KuCoin, etc.

How to deposit crypto to an online casino?

Like in regular casino sites, depositing crypto to an online casino is quick and easy as the process isn't entirely different. This article provides a step-by-step procedure for depositing crypto in online casinos.

How to withdraw crypto from an online casino?

Like with deposits, withdrawing crypto from an online casino is swift and straightforward. This Bitcoin casino review provides the entire withdrawal procedure of cryptocurrencies from an online casino.

What games can I play on Bitcoin casino sites?

Like in regular online casinos, you can play various online casino games on Bitcoin casino sites. These include online slots, table games, live dealer games, etc.

Are Bitcoin online casinos licensed and regulated?

As mentioned earlier, there are no specific laws in Nigeria that prohibit online gambling or crypto casinos. Nevertheless, cryptocurrencies are decentralised in nature, and there's no central authority or organisation governing them.

Are all crypto casino games provably fair?

No, not all crypto casino games are provably fair. The process for verifying game fairness may vary from one casino to the other and even between games. Some crypto casinos may use proprietary algorithms or third-party audit firms to provide assurance that their games are fair and not rigged.