Best Ways of Buying Crypto for Online Gambling in 2025

There was a time when someone would have to have considerable convincing skills to buy anything with cryptos. Back in 2010, when, for the first time, cryptos were used to buy a real-life good, a guy spent BTC 10,0000 for two pizzas. No one questions the power of Bitcoin anymore, and thousands of new cryptos have been created since. 

It should come as no surprise that a digitally born form of currency has become the favorite among online gamblers. Here’s how to buy cryptos and join the growing community of crypto gamblers. 

Cryptos 101

Buying and selling cryptos isn’t rocket science, but it’s advisable to know their nuts and bolts first. In 2023, there were about 20,000 cryptocurrencies in the world. Not all of them deserve attention, though, as the Top 20 dominate 90% of the market. So, regardless of the variety of cryptos available, players are likely to come across the same names. Here are the Top 10 names:

Most online crypto casino platforms will accept at least the Top 5 names, if not all of them, or even more. There’s a reason for that: those are the most reliable cryptocurrencies in an extremely volatile market. There aren’t many ways to buy cryptos: users must resort to an exchange company (like Kraken or Coinbase, for instance) or peer-to-peer transactions. Alternatively, users can earn cryptos by playing “play-to-earn” games, which are games that reward their players with cryptos. 

In any case, it’s necessary to set up a crypto wallet, and there are a few options here, too. These wallets can be custodial, non-custodial, or hardware-based. Custodial wallets are those controlled by third parties, like PayPal or Revolut. Users don’t have full control over these accounts and depend on the platform to make any transaction. Additionally, users must provide ID verification, as such platforms must comply with KYC regulations. 

Still, they provide safety and allow users to change keys whenever they want. Conversely, Non-custodial wallets are fully controlled by their owners, including safety aspects like seed phrases and passwords. The worst part about this option is that it’s nearly impossible to recover or reset lost passwords, in which case, all the crypto is lost. It goes for both digital and hardware-based wallets, which are also called “cold wallets.”

Why Play With Cryptos?

Cryptocurrencies were born as a digital form of payment, and it’s not surprising that online players like them so much. Crypto casinos also have a wide array of exclusive games, like new slots, created specifically for blockchain-based platforms. Transactions are much cheaper and faster with them. 

They’re also much safer, as all the info is encrypted. Besides, users don’t need to share banking or personal details during the operation, adding an extra layer of privacy. Some casinos don’t even require KYC for such transactions. However, ID verification is part of what makes a transaction safe, and players should consider a balance between anonymity and safety.

While Bitcoin is still the king of cryptos, there are much cheaper options, like Dogecoin or Cardano. There are even stablecoins like USDt and USDC, whose values are pegged to the US dollar and do not require complex conversion calculations like other cryptos. Using cheap cryptos for gambling is one of the best ways of learning how to operate with them while risking very little. 

Indeed, crypto casinos have considerable technical advantages over the rest. Solana transactions are concluded in less than 1 second (0.5 to 0.4 seconds), and Ripple fees can be as low as USD 0.01. Ethereum-based casinos also accept other cryptos, and fees tend to be much lower than on traditional platforms. More importantly, crypto casinos are based on decentralized ledgers, which means no one has full control over them, making unlawful alterations nearly impossible.

How to Find the Best Crypto Casinos?

Finding a trustworthy crypto casino isn’t difficult, but it requires attention and some research. Firstly, cryptocurrencies are extremely volatile assets, which means that their value can skyrocket or nosedive overnight. For instance, Bitcoin prices in 2025 are much higher than in early 2024, and who knows how long it’ll stay that way. 

Crypto casinos can be as volatile as the currencies they operate with. Given the fast-changing crypto regulation landscape, some platforms can disappear out of the blue, taking users’ funds with them. Here’s how players can find trustworthy crypto casinos.

• Safety protocols: Prefer casinos that comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, as they’re less likely to shut down suddenly. Besides, it can be problematic to withdraw funds from platforms that aren’t KYC-compliant.
• Restricted countries: regulations regarding cryptos and casinos may vary greatly across countries. Make sure that your platform is based in a country where such platforms are allowed.
• Licensing: crypto casinos need a valid license for operation, just like regular casinos do. It’s risky to play on unlicensed platforms, as they can be shut down and their accounts frozen without warning.
• Customer services: unresponsive customer service is a typical red flag. It means no one will be there to help you if you have any issues regarding your account or funds.
• Look for recommendations: whenever possible, it’s advisable to talk to friends and other players for recommendations of trustworthy casinos. Alternatively, players can check platforms like Reddit and Trustpilot for comments regarding specific casinos. 

Last Spin

Crypto casinos are here to stay, making them an attractive option for those who already own cryptocurrencies or would like to step into this world. Indeed, the purchasing process is nearly the same for investors and gamblers, although some casinos allow players to purchase different cryptocurrencies straight from their platforms. 

The crypto gambling industry is rising very fast globally. Last year, it registered revenue of USD 250 million, a 500% increase from 2019. Still, players shouldn’t get overly excited about the profusion of crypto gambling platforms and remain attentive to the core criteria that can tell the good and safe ones from the rest. Play responsibly and have fun!

FAQ

Where to buy cryptocurrencies?

It’s possible to buy cryptos from centralized and decentralized exchanges or peer-to-peer.

What are the Top 5 cryptocurrencies by market share?

Currently, the crypto market is dominated by Bitcoin, Ethereum, XRP, Tether (USDt), and BNB. 

What is the difference between custodial and non-custodial wallets?

Third parties like PayPal or Skrill manage custodial wallets, while the users themselves handle non-custodial wallets. Custodial wallets may not give you full control over your funds, but at least you can reset your passwords when necessary. It’s simply not possible with non-custodial wallets. 

What are the defining features of a trustworthy crypto casino?

Crypto casinos must be licensed and operate in a country where cryptocurrencies and online casinos are allowed. They must also provide very responsive customer service and comply with KYC and AML regulations. 

Why is it advisable to choose KYC-compliant platforms?

There are many crypto casinos out there that don’t require ID verification. Although attractive, such platforms can be very dangerous as they can be targeted by new laws and prohibitions.