Monero Review

Cryptocurrencies are notorious for their ups and downs, and there are many concerns over their safety. Let’s check some facts about Monero in this regard:

Want to know how your favourite casino got its licence? Learn about Gambling Licences with our guide.

Did you know?
Monero is decentralised, so there are no legal jurisdictions controlling it. It means that you’re safe from capital control.

How To Use Monero At Online Casinos?

Using Monero in participating casinos is very simple. After registering, you’ll be displayed the various deposit options, including Monero. The same happens with withdrawals.

monero casinos

Are there fees for deposits and withdrawals at the Monero Casino?

Generally speaking, online casinos don’t charge fees for depositing and withdrawing with Monero. However, crypto exchanges charge a variable but small transaction fee when transacting with it.

Play at licenced, trusted brands. Explore Crypto Casinos with IndiaCasinos!

How to deposit and withdraw using Monero?

Using Monero for your payments in online casinos is straightforward. These are the steps you need to take, in general. Some casinos might vary this a bit:

  1. Find out what your Monero wallet address is. Consult your crypto exchange for this.
  2. Go to your wallet or deposit section of the casino
  3. Select Monero
  4. Choose an amount
  5. Enter your Monero address
  6. Sometimes you’ll need to provide additional security details such as two-factor authentication or other methods

This is generally the case for both deposits and withdrawals. Sometimes the casino will give you its Monero address instead, so you’ll need to make the transaction directly on your exchange’s platform.

Cash out your rewards faster! Explore Instant Withdrawal Casinos at IndiaCasinos.

Did you know?
Monero’s symbol in crypto exchanges is XMR. Be careful not to confuse it with others, such as Xmine (XMN) or X-MASK (XMC).

Solutions When Having Issues With Monero At Online Casinos

Unfortunately, nothing is 100% issue-free, and you might experience some problems when using Monero. Here are some common situations and how to solve them:

  1. I can’t use Monero for the casino.

You should check that Monero is accepted by the casino first. If yes, then it’s very likely some of the steps to deposit are wrong. Double-check your Monero wallet address since it may have a mistake.

  1. I can’t withdraw with Monero.

Some casinos impose restrictions, such as the same payment method for deposits and withdrawals. If you’re registered in such casinos and made a deposit with another method, you won’t be able to withdraw with Monero.

Additionally, some casinos need to verify your data before withdrawals. Check their terms and conditions or contact its support team for guidance.

  1. What happens if a game stops working when playing with Monero?

Depending on the game, you might be able to continue your session by reloading the page. However, it’s best to contact the casino support team immediately for any game-related issues.

Prefer Bitcoin? Check out our Bitcoin Review to see how you can use it for online casinos.

Did you know?
The support team in casinos is a service and an obligation for reputable casinos with licences. Make sure to contact them without hesitation for any issues.

Pros And Cons Of Using Monero At Online Casinos

Monero is a fantastic way to fund your casino account. Nevertheless, it has some downsides as well. Here are the most important pros and cons of this payment method:

Completely anonymous transactionsTransactions can take up to 30 minutes
No fees such as wire transfers or check clearing.Not many casinos take Monero
You can access the same casino features as with regular payment methods

Explore other popular Payment Options in India.

Monero vs. Other Payment Methods

Monero is perfect for those who want privacy on their transactions. Since cryptocurrencies are volatile, sometimes the opportunity to buy them at a low price is also attractive.

It shares certain features while lacking others when compared to other popular payment methods. Here’s a comparison:

FeaturesMoneroCredit CardsBank TransfersPayPal
Instant deposits
Anonymous transactions

Make the most out of your gaming sessions. Learn How to Manage Bankroll and make the fun last longer.

Did you know?
Some casinos have no deposit limit when using Monero or other cryptocurrencies, whereas most do implement some deposit limit for other payment methods.

Summing Up: Pay with Privacy

Monero is compared to cash in some respects. For example, no other parties are involved in cash transactions other than the payer and the payee. However, Monero goes one step further by keeping your details hidden from the payee (casino, in this case).

If you’re privacy-conscious and don’t want anyone involved in your casino transaction activities, Monero is specifically tailored for you. 

Plat it safe! Know about Responsible Gambling and self-exclusion.

Frequently asked questions

Yes, Monero is available worldwide. To get Monero, you must create an account in a crypto exchange that takes users from India.
Riccardo Spagni founded Monero in October 2013. However, it’s an open-source project; thus, developers worldwide are behind it.
You need to purchase Monero to use it, and there may be fees when transferring Monero to other wallets. However, most casinos don’t charge extra fees when using Monero as a payment method.
Yes, and there are even some cryptocurrency-specific casino games. However, you should check your selected casino to be sure.
Some casinos offer promotions and bonuses for cryptocurrencies, including Monero. You should check the bonus terms to find out if Monero is included in the promotion.
Yes, you can select your payment method for deposits each time. To ‘mix’ them, you’d have to make separate deposits.