How online casinos and betting platforms accept crypto: reasons, methods, setup

Although casinos can accept paymens via classic methods, accepting crypto payments is growing rapidly – more and more gambling platforms are adding the option to fund accounts with cryptocurrency. Why?

First, it’s convenient for players: paying with crypto enables anonymous and instant deposits from anywhere in the world. Second, for the casino itself, such payments mean no chargebacks and minimal fees. In this article, we’ll break down exactly how crypto payment processing works on casino and sportsbook websites, and how to integrate cryptocurrency payments into your product.

Why should online casinos accept cryptocurrency?

Cryptocurrency and gambling now go hand in hand. It’s no coincidence that many Bitcoin casinos have emerged, operating entirely on digital assets. Even traditional platforms are increasingly adding crypto payments. Crypto payment in online casinos brings a host of advantages:

• Global reach and new players. Cryptocurrency knows no borders: your platform can accept bets from users worldwide, even in regions where traditional payment methods are unavailable.
• Anonymity and privacy. Many players want to top up their account confidentially. A wallet address and basic AML checks replace passport details – meaning far less red tape for deposits. Players avoid lengthy ID checks, while the casino remains secure thanks to automated transaction monitoring.
• Transaction speed. Unlike bank wires, crypto payments get confirmed in minutes or seconds, ensuring virtually instant deposits with no wait. This is especially important for live games: there’s no risk of missing a betting opportunity due to a slow payment.
• Minimal fees. Crypto payments are usually cheaper than card processing. Plus, no intermediaries means no extra service fees. Lower fees benefit players (more funds go into play) and the operator (lower expenses).
• No chargebacks. Blockchain transactions are final: the casino isn’t at risk of losing money due to a chargeback. For the high-risk iGaming sector, this is a huge plus. No chargebacks means no lost revenue and no disputes with payment providers.
• High deposit limits. Many USDT casino deposits can involve large sums, since crypto lets players easily transfer thousands of dollars in one payment. VIP customers (the so-called high rollers) love being able to bypass bank limits and deposit large amounts without hurdles.

As we can see, these advantages are significant. It’s no wonder more operators are embracing crypto: estimates show the volume of crypto bets grew by over 80% in the past year. Dedicated Bitcoin-casinos are appearing for the crypto audience, and traditional brands are enabling crypto payments alongside bank cards.

Sports betting with cryptocurrency: benefits for betting platforms

For platforms offering sports wagers, crypto payments are just as vital as for online casinos. Firstly, sports betting with cryptocurrency appeals to people who already hold crypto and want to use it for betting. Secondly, the speed of crypto deposits and withdrawals is especially valuable for live betting: a player can instantly top up their balance before a crucial match, without waiting around for bank payment processing.

Furthermore, crypto deposits allow bookmakers to operate even in regions with strict rules on traditional payments – all you need is to integrate a payment gateway for betting. The principle is the same as in a casino: the customer scans a QR code, confirms the transfer, and their balance on the betting platform updates without delay.

Which cryptocurrencies do players prefer?

With so many digital coins out there, the question arises: which cryptocurrencies should an online casino accept? In practice, the most popular coins for deposits are Bitcoin and Tether (USDT).

Bitcoin is the most famous cryptocurrency that started the entire industry. Many gambling enthusiasts keep their bankroll in BTC, despite its volatility and occasionally high network fees.

USDT, on the other hand, has become the number-one choice for many platforms thanks to its stability. Deposits in USDT at casinos are shielded from price swings: if a player sends, say, 100 USDT, the account is credited with the equivalent of 100 USD. Using USDT on the TRON network (TRC20) is especially convenient: fees are almost zero and a transaction confirms in 10-15 seconds. It’s no coincidence that today almost every crypto casino supports USDT, and such services automatically convert other coins into this stablecoin.

We also see the role of Ethereum and related ERC-20 tokens: some gambling projects allow bets in ETH, though Ethereum’s fees can make it less attractive. Alternative cryptos like Litecoin, Dogecoin, or TRON (TRX) are found on gaming sites too, but they play a more niche role. On the whole, the trend is clear: as of 2025, the industry is doubling down on Bitcoin to attract crypto enthusiasts, and on stablecoins (USDT/USDC) for mainstream convenience.

How do crypto payments work?

We’ve explained why to embrace digital money, but it’s equally important to understand how crypto payments work in practice. Online casinos can implement this feature in two ways: directly or via a special service.

• Directly: The casino itself generates a crypto wallet address for each deposit and waits for a transaction from the player. This approach means manually watching the blockchain for funds and crediting them to the user. It’s labor-intensive and error-prone — one mistake in the address or amount and the deposit could be lost.
• Through a crypto processing service: A payment system takes care of all the technical steps. The service acts as crypto acquiring — analogous to traditional acquiring, but for cryptocurrencies. It generates a unique QR-code invoice, tracks the incoming payment, automatically converts it if necessary, and guarantees that the casino receives the exact expected amount.

Crypto processing and crypto acquiring for online casinos

Using crypto processing noticeably eases the load on a gambling operator. In essence, it’s a comprehensive turnkey solution: while the player makes the transfer, the service handles everything else. Modern crypto payment systems provide a range of features that make accepting cryptocurrency extremely straightforward:

• Unified payment gateway for casino and betting. A crypto payment gateway lets you accept crypto on your online casino site as well as in a sportsbook app. You don’t need to integrate different solutions — everything works through one interface.
• QR code payment. A payment QR code is generated and the customer scans it with their crypto wallet. This QR-code payment eliminates human error in entering addresses and simplifies the process for the user. No manual input required – just scan and go.
• Auto-conversion to USDT. The service automatically swaps incoming BTC, ETH and other coins into stable USDT at the market rate. Thanks to this auto-conversion, the casino is safe from crypto market volatility. You reliably get the exact amount you expect.
• Covering network fees. The blockchain fee (gas) can be factored into the invoice – the player pays the exact amount shown, and the service distributes the fee itself according to the smart-contract rules. This means no more “short payments” from players forgetting the network fee.
• Support for popular networks. Bitcoin, Ethereum, Tron, Binance Smart Chain, Solana – the payment solution works across multiple blockchains simultaneously. The user chooses their preferred network (for example, Tron for minimal fees) and currency, and you receive the funds regardless.
• Instant deposits. Once the transaction is confirmed on-chain, the deposit instantly reflects in the player’s account. One-click repeat payments based on the smart-contract technology significantly increase deposit frequency – a repeat top-up can literally be done in seconds.
• White-label crypto payments. You can integrate the crypto gateway such that the payment interface is skinned with your brand’s look and feel. Customization and white-label crypto payments boost trust, since the player stays in a familiar environment.
• Security and compliance. Crypto processing includes robust protections: two-factor authentication for access, Face ID verification for transfers via the mobile app, plus a built-in transaction monitoring system (AML-check) to flag suspicious activity. This means you avoid illicit funds and stay compliant.
• No chargebacks. As mentioned, blockchain transactions are irreversible. The success rate of crypto deposits approaches 99%, and the casino doesn’t waste resources on disputes with payment systems. No canceled transactions means the funds you receive remain yours.

That's how it usually work for a customer:

1. Player selects the crypto payment option. On the casino site, they click to deposit with crypto (for instance, choosing “Pay with Cryptocurrency”).
2. Invoice generation. A payment widget pops up with a payment QR code and the amount due in the chosen currency. The system accounts for the conversion rate and network fee upfront.
3. Scan the QR and confirm. The player scans the QR code with their crypto wallet (or the payment service’s app) and confirms the transaction (using Face ID/Touch ID or manually).
4. Instant crediting. The funds are sent to an address monitored by the service and show up in the player’s casino balance almost immediately. The player gets back to the game without wasting any time.
5. Conversion (optional). The casino can automatically convert the received cryptocurrency into USDT or leave it in crypto — depending on the service settings.

In short, crypto processing takes care of all the complexity: from handling smart contracts and various crypto networks to meeting regulatory requirements. The operator simply gets a steady flow of deposits and can focus on growing the business. Now – how to implement such a solution.

How to integrate cryptocurrency payments: the checklist

You’re convinced that crypto payments can lift your business to the next level. Now you need to implement it. Below is a quick checklist (the entire integration usually takes just a couple of days):

1. Sign up on a payment gateway platform Create an account and complete the basic verification.
2. Choose an integration method. Obtain API keys for a server-side integration or copy the ready-made HTML widget – the service provides both options.
3. Embed on your site. A developer integrates the API or inserts the widget code into the required section of your site/app. You can customize the look to fit your brand if necessary.
4. Testing. Make a test payment with a small amount. Ensure the deposit is correctly reflected in the system. It offers a sandbox and a free trial period, so you risk nothing.
5. Launch and notify users. After successful tests, enable the new payment method for all customers. Tell your audience that they can now top up their account with crypto via the crypto gateway – it’s a compelling competitive advantage.

By following this checklist, you can quickly integrate cryptocurrency into your online casino or betting platform. And if you don't want to search for a solution a minute longer, try CryptumPay. The service will take care of the technical details, and you’ll start accepting digital money and attracting new customers.

In the iGaming world, where innovation is key, this step puts you a stride ahead of the competition. Ultimately, accepting crypto isn’t just a tech fad, but a real competitive advantage for a gambling business. While competitors are still deliberating, you’re already offering a modern service to your players.