The Ultimate Monero Casino Guide 2024
The online gambling market continues to grow steadily. Few industries have undergone such a transformation recently as the online casino sector. This process can be succinctly explained with a single word: cryptocurrencies!
It didn't take long for casino operators to realize the numerous benefits of Bitcoin and others. The result: an optimized gambling experience, from which you as a player ultimately benefit! With the help of digital currencies, security, speed, and finally, the anonymity of your transactions can be effectively ensured. When it comes to the security of your data in the online casino, you can't make a better choice than Monero (XMR).
Best XMR Casinos 2024
Table of Contents
- Best XMR Casinos 2024
- Monero – The most anonymous of all digital currencies
- What exactly is Monero?
- How can I get Monero coins?
- What advantages does a Monero casino offer?
- Using Monero – Step by Step Guide
- How can I tell if a Monero casino is reputable?
- Monero vs. andere Privacy Coins
- Monero Casino Alternatives
- Binance Delisting – Is this the end of Monero?
- Conclusion on Monero Casinos
- Monero FAQ
- The Best Monero Casinos Overview
Monero – The most anonymous of all digital currencies
Anonymity is also the perfect keyword: This article is about Monero, a crypto coin that is repeatedly traded as the most anonymous of all cryptocurrencies. While many altcoins have more or less tried to copy the top dog Bitcoin, Monero is going its own way.
Briefly explained: Alt coins are by no means “old” cryptocurrencies. But on the contrary. Rather, the “alt” in the name stands for “alternative”. As a result, all cryptocurrencies that are offered on the market alongside Bitcoin are referred to as alt-coins, which represent an alternative to the market leader, so to speak. However, the technology of Alt-Coins is mostly similar to that of Bitcoin.
In terms of data protection in particular, the Monero coin is several steps ahead of its competitors. But there are also numerous other advantages that the young cryptocurrency brings with it, which speak in favor of using Monero in the online casino. It is not without reason that more and more gambling providers are including the token in their portfolio.
We will now explain to you exactly what Monero is and what makes the currency so special. Moreover, we will be specific about playing at Monero Casinos. With us, you will find out what makes a good Monero Casino stand out and what you should pay particular attention to when playing in one!
What exactly is Monero?
Monero (abbreviated: XMR) is a so-called “Privacy Coin”. In other words: The cryptocurrency Monero places the highest focus on the privacy of its users and, above all, stands out from its competitors such as Bitcoin and Co.
Launched in 2014, the digital currency is now one of the top 100 cryptocurrencies by market capitalization. Since its inception, the XMR token has been pursuing one major goal: Ensure the long-term anonymity of its customers. And with great success!
Thanks to the complex blockchain structure, Monero transactions are virtually untraceable. Neither the sender nor the address of the recipient or the amount of the transfer are visible to unauthorized third parties when paying with XMR. The optimized proof-of-work algorithm called RandomX plays a major role here.
But the continuous adjustment of the mining process and scalability are also characteristic of the Monero coin, along with some other unique selling points. For example, unlike most other cryptocurrencies, Monero has no upper coin limit. So-called miners can theoretically continue to produce new XMR coins for all eternity. In the long term, the total volume of Monero will therefore far exceed that of almost all other cryptocurrencies.
Fun Fact: By the way, the name Monero is by no means arbitrary. In the popular artificial language Esperanto, which was founded in 1887 by the ophthalmologist Ludwik Lejzer Zamenhof, “Monero” means something like “coin”.
How can I get Monero coins?
There are basically two ways to get Monero coins:
1. Mining
In mining, so-called crypto miners solve highly complex mathematical tasks on high-performance computers and receive coins in return. In the long term, you can save yourself the purchase of Monero coins. Monero uses a Proof-of-Work (PoW) consensus mechanism that requires computing power to generate blocks on the network, just like Bitcoin.
But now the big difference to Bitcoin and Co.: No complex devices are usually required for XMR mining - you can mine Monero with a regular CPU (central processing unit) or GPU (graphics processing unit). In other words: Any standard computer can theoretically be used for Monero mining!
While the mining of Bitcoin and other cryptocurrencies is typically reserved for large investors or companies that operate entire server farms, Monero takes a different approach: The Monero developers stand for an egalitarian concept. They believe all miners deserve equal opportunities. Monero mining works on all operating systems, such as Windows, macOS, Android or Linux.
Nevertheless, you have to allow for a not to be underestimated period of time for Monero mining, including high-power consumption, until you have enough XMR tokens to play with in a Monero casino.
2. Buying on the open market
If your main goal is to play with XMR coin in a Monero casino, this option is likely the significantly better one for you. Shopping on the open market is undoubtedly the fastest, safest, and most convenient method to obtain Monero.
Although the cryptocurrency is not yet traded on all major online exchanges as of today's standards - trusted providers like Coinbase or Kucoin have long since added Monero to their portfolios. Here, you can purchase XMR coins quite comfortably and at fair conditions using electronic transfer, bank transfer, or with a credit or debit card.
Monero is currently ranked 51st by market capitalization (March 7, 2024).
| Position | Cryptocurrency | Price | Market capitalization |
|---|---|---|---|
| 49 | Fetch.ai (FET) | $2.66 | $2,775,744,862 |
| 50 | Celestia (TIA) | $16.32 | $2,770,297,654 |
| 51 | Monero (XMR) | $144.62 | $2,621,818,372 |
| 52 | Arweave (AR) | $37.19 | $2,431,780,560 |
| 53 | Fantom (FTM | $0.8376 | $2,352,426,550 |
What advantages does a Monero casino offer?
1. Monero stands for the highest level of anonymity and security thanks to ring signatures
As already mentioned, several times, Monero is considered the most anonymous cryptocurrency. To achieve this high level of anonymity, Monero uses so-called ring signatures in its protocol.
Briefly explained: A ring signature is a special way of signing Monero transactions. If you make a transfer with Monero, the signature of this transfer is “merged” with four other, different signatures - a so-called ring signature is created.
This process makes it almost impossible for outsiders to trace the actual sender or recipient of the transfer. Ring signatures protect your privacy to the greatest possible extent!
At the same time, Monero uses stealth addresses for all bookings. These camouflage addresses ensure that your account balance on the Monero Blockchain cannot be traced by third parties at any time.
Of course, these unique security standards are also reflected in Monero casinos. When registering, you will only be asked for a username, a password, your Monero wallet ID and your email address to specify. Your name or other sensitive personal data, such as bank details, etc., cannot fall into the hands of third parties. Nowhere else will you find such an anonymous yet secure casino experience!
2. Monero allows for a faster deposit process than Bitcoin
Deposits and withdrawals are just as easy, fast and uncomplicated with Monero as with other cryptocurrencies - it is often even reported that transactions with the XMR token are even faster than those with Bitcoin. This is of particular benefit to you in the following situation: Imagine you have found a Monero casino that suits you. Of course, you want to start playing right away!
While traditional bank transfers can frequently take a few hours or days at traditional real money casinos, you don’t have this problem at Monero casinos. But on the contrary. Here, you can plunge into casino fun just a few seconds after making a deposit with XMR coins.
Of course, the same applies to payouts: If you want to see your winnings in your account as quickly as possible, a Monero casino is the right place for you.
3. Monero acquisition by mining via CPU and graphics card performance
As already mentioned, basically everyone with their PC or laptop can “mine” XMR coins. However, we have also explained why this option is probably less attractive for the average Monero Casino visitor.
Because mining requires a strong processor including a high-quality graphics card and can sometimes be costly and tedious. Nevertheless, you should definitely keep this possibility in mind: because if you have the appropriate technical conditions, you can mine enough XMR coins in the medium term to play with them in a Monero casino.
Using Monero – Step by Step Guide
In essence, using Monero does not differ from other cryptocurrencies, but we find the guide on the official website of the coin extremely helpful. Therefore, we would like to delve deeper into it to give you a better overview. Let's take a look at how you can use XMR in Monero casinos.
Step 1: Get yourself a Wallet
To use Monero without restrictions, you should get yourself a wallet. This is better than keeping your XMR on an exchange. There are many good cold wallets and hot wallets available. Just choose one that suits you.
Step 2: Buy XMR on an Exchange
If you're not planning to mine XMR, you'll need to buy the cryptocurrency from an exchange. While direct purchases are rare, you can simply acquire BTC and exchange it for Monero. This can also be done with some other major cryptocurrencies.
Step 3: Use Monero and stay updated
Once you have purchased Monero, you can transfer your coins to your wallet and use them for various purposes. There are some merchants that accept XMR as currency, and Monero casinos are not as uncommon as you might think.
If anything is unclear, you can simply check the FAQ on the official website or use our FAQ. However, we believe that you should find answers to your questions in our review anyway.
How can I tell if a Monero casino is reputable?
The major advantage of Monero is its strong focus on privacy and security. The Monero blockchain network is dedicated to preserving the privacy of its users like no other cryptocurrency. Consequently, playing with XMR tokens in a Monero casino can be considered very secure.
However, there are still a few important points to consider when choosing a Monero casino:
1. Check the game catalog and license of the Monero casino
A Monero casino that offers a wide range of gaming options is undoubtedly attractive. However, these slots must also be regulated by an internationally respected institution! A good indicator of the legitimacy of a Monero casino is its gambling license. If you scroll down on the provider's website and click on “Legal” or “About Us” the online casino's license should be displayed.
Tip: A Monero casino that has a license from Malta or Curaçao is to be considered serious. To obtain a gambling license in these countries, online casinos must guarantee fair play and achieve certain payout percentages!
2. Make sure that Monero Casino provides help through a customer support team
You may have questions about deposits, withdrawals, bonus offers, etc. For this reason, reputable Monero casinos usually offer you as many support channels as possible. A solid Monero casino should have both an FAQ page and live chat. In addition, an email contact address and a telephone hotline can be offered.
If the Monero Casino of your choice meets all of these criteria, you are most likely dealing with a reputable provider. But if you want to be on the safe side, it's best to choose one of the crypto casinos that have already been put through their paces by us!
By the way, below, we also introduce you to our favorite Monero casinos!
Monero vs. andere Privacy Coins
Monero ist zwar der beliebteste und bekannteste Privacy Coin, aber keineswegs die einzige Option, die Krypto-Enthusiasten haben, wenn sie Wert auf Anonymität und Privatsphäre legen. Es gibt einige weitere Coins, welche diesbezüglich punkten, darunter:
- Dash (DASH)
- Horizon (ZEN)
- Verge (XVG)
- Zcash (ZEC)
Damit Du eine bessere Vorstellung bekommst, wie die Privacy Coins im Vergleich zu Monero abschneiden, haben wir in der unteren Tabelle einen Vergleich angestellt (07.03.2024).
| Property | Monero (XMR) | Dash (DASH) | Horizon (ZEN) | Verge (XVG) | Zcash (ZEC) |
|---|---|---|---|---|---|
| Security Measures | Ring signatures, Stealth Addresses | PrivateSend | Sidechains, zk-SNARKs | Anonymity networks, Wraith Protocol | zk-SNARKs |
| Transaction Speed | ≈ 2 minutes | ≈ 2-3 minutes | ≈ 2-3 minutes | ≈ ½ minute | ≈ 1-2 minutes |
| Market Capitalization | $2,621,818,372 | $454,889,178 | $180,550,616 | $99,317,665 | $505,256,400 |
| Price | $144.62 | $38.98 | $12.24 | $0.006011 | $34.08 |
| Consensus Protocol | Proof of Work (PoW) | Proof of Service (PoS) & Proof of Work (PoW) | Proof of Work (PoW) | Proof of Work (PoW) | Proof of Work (PoW) |
Monero Casino Alternatives
| Cryptocurrency | Number of casinos |
|---|---|
| Bitcoin Casinos | 96 |
| Litecoin Casinos | 26 |
| Bitcoin Cash Casinos | 25 |
| Dogecoin Casinos | 25 |
| Tether Casinos | 22 |
| Binance Coin Casinos | 15 |
| Cardano Casinos | 11 |
| Dash Casinos | 7 |
| Tron Casinos | 5 |
Binance Delisting – Is this the end of Monero?
Given its high market capitalization and the fact that Monero has been on the market for several years, no one expected the delisting of the cryptocurrency. However, that's exactly what happened on the leading exchange Binance. Surprisingly, on February 20, 2024, Monero was removed from Binance. Since then, it has not been possible to buy XMR on the exchange.
As expected, the delisting led to a significant drop in price, raising concerns about whether this action heralded the end of the cryptocurrency. However, we find these concerns unwarranted. Monero still ranks among the best privacy coins, meaning the cryptocurrency enjoys utility regardless of its acceptance. Therefore, Monero casinos will continue to exist in the future, despite regulatory requirements.
Conclusion on Monero Casinos
Primarily due to its high level of anonymity in financial transactions, Monero has become an attractive payment method in online casinos. More and more gambling providers are adopting the XMR token, and we believe that this hype will not be short-lived.
Monero offers everything you could wish for from a cryptocurrency in a casino, with its high security standards and low network transaction fees. In a Monero casino, worry-free gaming awaits you!
Monero FAQ
Here are the most frequently asked questions about Monero casinos, collected and answered:
The Monero coin is offered on many major crypto exchanges. With providers like Binance, Coinbase or Kucoin you can buy the cryptocurrency on fair terms.
Yes! Just like Bitcoin, Monero uses a Proof-of-Work (PoW) consensus mechanism. In addition, the Monero developers have decided to make the mining process as energy-efficient as possible.
This means that anyone can mine Monero on their private computer with programs such as GPU-Miner or Monero Spelunker. But this is probably more interesting for long-term crypto investors. If you want to play quickly and conveniently with Monero in the casino, you should probably just use the exchanges mentioned above!
All Monero Casinos that we suggest further down this page have been thoroughly checked by us for security and seriousness. So if you also check the security features we have mentioned and the casino complies with them, then your Monero coins are definitely in good hands there!
The Monero casinos we tested usually provide you with a welcome bonus, sometimes even entire bonus packages. Because crypto casinos typically do not differentiate between the different cryptocurrencies when it comes to deposit bonuses, you also get attractive offers when playing with Monero.
If you regard online gambling as a private matter and are particularly concerned about anonymity, security and data protection, then you will hardly find a cryptocurrency that meets your needs like Monero!
The Best Monero Casinos Overview
1. FortuneJack: The Leader Among Monero Casinos
Key Advantages:
- Great Welcome Bonus
- Games with "Provably Fair" Technology
- Fast Registration
- Excellent Customer Service
To start, let us introduce you to FortuneJack: FortuneJack was not only one of the first Monero casinos but also continues to offer one of the best Monero bonuses to this day: 100 free spins just for signing up. No deposit required!
But that's not all! Additional bonuses are awarded step by step. To help you keep track, we've listed them for you:
- 100 free spins upon registration
- 1st Deposit: an additional 250 free spins and 110% bonus on the first deposit amount
- 2nd Deposit: 100% bonus
- 3rd Deposit: 100% bonus
- 4th Deposit: 100% bonus with up to 6 BTC in bonuses for the first four deposits
FortuneJack also impresses with its game selection: Whatever your preference, from classics like Blackjack and Roulette to “Provably Fair” crypto games and sports betting, you'll find it all at FortuneJack!
Click here for the full review!
2. Fairspin: Extensive Game Selection for Long-term Gaming Fun
Key Advantages:
- Games with "Provably Fair" Technology
- Profitable Welcome Package
- Attractive VIP Program
- Fast Registration
Fairspin takes 2nd place in our rankings: This online casino, opened in 2018, was the first platform to offer players an additional fair play control based on advanced blockchain technology.
The strengths of this casino lie primarily in its huge selection of around 5,000 exciting games and the generous welcome package offered at Fairspin.
New customers receive a bonus of up to 5 BTC and 140 free spins. Another great promotion is the birthday bonus: Here, you'll receive a personalized gift. Additionally, the casino's five-tier VIP program ensures ongoing motivation. With such an enormous range of games, you won't get bored at Fairspin!
Click here for the full review!
3. BC.Game: Exotic Bonus Offer with Wheel of Fortune
Key Advantages:
- Over 10,000 different games
- Two no-deposit bonuses
- Easy-to-understand, beginner-friendly design
- Reliable customer service
Last but not least – BC.Game: This crypto casino offers you two no-deposit bonuses. As soon as you register, you'll receive a cash credit of $1-3 directly to your wallet. Then comes the big surprise: Gaming begins even before the first deposit, as the second bonus comes in the form of an exciting offer! A wheel of fortune appears. Here, you can try your luck and win up to 1 BTC.
Furthermore, there are appealing deposit bonuses: For the first four deposits, you'll receive up to a 360% bonus!
BC.Game also shines with its game selection. With over 10,000 games to choose from, some from well-known providers like Quickspin and Yggdrasil, you won't find a bigger selection anywhere else!
