Crypto Casino Online In Kuwait

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A Crypto Casino is an online casino in Kuwait that accepts Bitcoin and other Altcoins as a form of payment methods.

Players in Kuwait and most countries prefer to deposit and withdraw crypto because it is simply easier and faster.

Read on if you wish to know more about:

  • Crypto Kuwait Legality
  • Top Online Casinos That Accept Crypto
  • Crypto Exchange Wallets Available For Kuwaitis
  • How To Deposit/Withdraw Via Cryptocurrency
  • Pros & Cons of Online Crypto Casino
  • How To Gamble Safely With Crypto
Crypto Casino Online In Kuwait
Crypto Casino Online In Kuwait

Top Online Crypto Casinos In Kuwait

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Betfinal
200% up to $3000
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Betway
100% up to $2000
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100% up to $2000
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Rabona
100%% up to 500$ + 200FS
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100%% up to 500$ + 200FS
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1xbet
100% up to €100
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100% up to €100
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888casino
250% up to €230
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250% up to €230
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Casino.com
100% up to $400
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100% up to $400
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Regent Casino
150% up to €150
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150% up to €150
8
22 Bet
100% up to €122
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Crypto Kuwait Legality

Making transactions with cryptocurrency is slightly different in Kuwait than in most other countries in the world.

Kuwait is one of roughly 50 countries that have some form of ban on crypto.

Now, Kuwait does not have a complete ban on crypto. They do, however, have a ban on crypto for banks and financial institutions. In other words, it is not recognized as an actual form of payment.

Although the worldwide interest in cryptocurrencies is constantly growing, the cryptocurrencies are not seen as real currencies in Kuwait.

Kuwait’s central bank itself has issued a warning earlier. Through a campaign called ‘Diraya‘ they want to raise awareness of the risks concerning the use of crypto Kuwait.

This is partly because the currency is not issued by a real bank, there is no supervision, there are large fluctuations in the price etc.

Due to the lack of control from a central organization, for example, they see cryptocurrency as a threat to the financial system.

Despite the warnings that have been issued by the Central Bank of Kuwait, it is still possible for individual residents of Kuwait to buy and sell cryptocurrencies and to use it as a means of payment.

Crypto Kuwait

Top Crypto Kuwait Exchange Wallets

In general, you buy and sell crypto through various trading platforms and exchanges.

There are also various platforms in Kuwait where you can purchase crypto.

Each platform has its own rules, conditions, and exchange rates. It is best to do some research on the terms of the platforms in advance.

However, here are the commonly used and reputable Cryptocurrency exchange platforms in Kuwait:

Rain

  • Serves Middle Eastern Countries including Kuwait
  • Low Fees
  • High Buying Limits
  • Trusted
  • Easy to use
  • Average Speed

eToro

  • Low Fees
  • High Buying Limits
  • Trusted
  • Easy To Use
  • Average Speed

BitOasis

  • Serves Middle Eastern Countries including Kuwait
  • Low Fees
  • High Buying Limits
  • Trusted
  • Easy To Use
  • Fast Speed

Coinmama

  • High Fees
  • High Buying Limits
  • Trusted
  • Easy To Use
  • Fast Speed

Paybis

  • Low Fees
  • High Buying Limits
  • Trusted
  • Easy To Use
  • Fast Speed

Bitfils

  • Bitcoin Broker in Kuwait
  • Low Fees
  • High Buying Limits
  • Trusted
  • Difficult To Use
  • Fast Speed

How To Deposit/Withdraw in Crypto Casinos

Depositing or withdrawing through crypto casinos is easier than regular payment methods. It can be simply done following the steps below:

Go to Cashier Section

Assuming you have already registered in an online Arab casino, go to the cashier section or the section where your balance is displayed. Then click Deposit/withdraw.

Choose Cryptocurrency As A Payment

The online casino will show you several options whereby you can deposit or withdraw your funds, which are automatically converted to USD or any other currency you had already chosen upon registering (Note that Kuwaiti Dinar is Not Accepted). Choose Cryptocurrency to start your crypto gambling journey.

Select A Coin

The coin selection depends on the casino itself. Some only offer Bitcoin, others give you several altcoins as a choice like Ethereum, Tether, Bitcoin Cash, Dogecoin, Shiba Inu, Litecoin…etc What you choose is entirely up to you.

Pay Attention To The Blockchain Network

Some blockchain casino networks have higher depositing and withdrawal fees, so make sure you choose the one with the lowest fees. For example, if you are depositing USDT (Tether) the best network to choose is TRC-20 not ERC-20 as it has much lower fees. Make sure to do some research about that.

Copy Wallet Address

If you are depositing to your account into the online crypto casino, the casino will show you its wallet address. Copy that address. If you are withdrawing money from the casino, copy your wallet address for that particular coin and paste it on the casino site.

Go To Your Crypto Exchange Wallet

Now go to your crypto exchange platform and click on withdraw and paste the crypto casino’s wallet address. This way you are withdrawing coins from your Wallet and sending it to the casino (your account in the casino)

Use The Same Deposit/Withdrawal Method

It is highly important to note that many online casinos only give players the option to withdraw money in the same method they used to deposit it. If you deposit via crypto, you probably can’t withdraw via Neteller for example. Also note that some casinos offer crypto as a deposit method but not as a withdrawal method, but of course in this case you can withdraw via other methods.

Pros & Cons of an Online Crypto Casino

Crypto Gambling has many advantages and of course, like everything else, also some small disadvantages. It is up to you to weigh these against each other to make a good decision.

✅ Pros ✅

  • Anonymous decentralized payment where no one can track you.
  • Direct payment between you and the casino
  • No Taxes
  • Very Fast Transactions (sometimes immediate)
  • Exclusive blockchain casino bonuses.
  • Deposit and withdraw anytime, anywhere you want.

❌ Cons ❌

  • Not offered by all casinos, which limits your choice
  • Decentralized means not regulated by the and might be risky.
  • Highly volatile market where prices are not stable
  • Your Wallet Account might be hacked
  • Irreversible if a mistake is made. You are completely on your own if you make a mistake and the funds do not get transferred.
  • Some casinos do not give bonus if you deposit crypto.

Use Online Crypto Casino Safely

As we have mentioned before, crypto casinos are decentralized and not regulated by the government, therefore, you must be extra careful as there is no margin for error. There is no bank teller to help you retrieve your money if a mistake was made or if someone steals from you.

Below are some measures you should take if you wish to get the most out of the blockchain casino experience:

  1. Casino Choice: Choose a reputable and licensed casino that you can trust (check our list above)
  2. Crypto Exchange: Choose a trusted crypto exchange platform like the ones we shared above. There are hundreds of exchange platforms, but not all of them are secure.
  3. Small Amounts: Do not transfer large amounts to the casino at once. Start with a small amount a see if all went well.
  4. Cold Wallets: If you have large amounts of money in your crypto exchange account, it is better if you store most of them in a cold wallet to avoid major loss in case of hacking.
  5. Store On Multiple Platforms: Do not put all your money in one crypto exchange wallet, spread them out over 2 or 3.

Best Crypto Casino Online FAQ In Kuwait

Are crypto casinos safe?

Crypto casinos, like all online casinos, are safe if they are licensed and trusted. So always check the licence number of the casino and by which gambling committee it is licensed before joining.

Is cryptocurrency legal in Kuwait?

Cryptocurrency is not recognized as a form of payment in Kuwait, but you can still safely use crypto exchange wallets for crypto casinos.

Which Crypto Casino online is the best?

The safest online crypto casinos are: Betfinal, Betway, 888 Casino, YYY Casino, Bet22, 1XBet, Casino.com, RegentPlay, Haz Casino, Genesis, and Rabona.

Do crypto casinos offer bonuses?

Some online casinos that are crypto casinos offer exclusive bonuses or even games for cryptocurrencies. However, in many of them, if you deposit via crypto, you will not be eligible for the welcome bonus, so make sure to read terms and conditions before.

, By azad