Payments and cashier

Crypto payments: deposits and withdrawals in cryptocurrency

Crypto payments (cryptocurrency payments) is the use of cryptocurrency instead of cards and bank methods for deposits and withdrawals. It is fast, but it carries exchange rate risk, network fees and the same KYC and AML obligations, and not every licence allows it.

Yevhen SychovOctober 2026

How it works

The cashier gives the player a wallet address, the player sends the coins, and after network confirmations the money is credited to their balance. This is usually handled by a crypto processor, a separate type of PSP: it issues addresses, tracks confirmations and converts coins to fiat when needed. A withdrawal goes the other way, to the player's address.

Rates, networks and fees

The rate of most cryptocurrencies can change sharply within a few hours. If the player's balance is in euros and the deposit arrived in a volatile coin, the risk between crediting and conversion sits with the casino or the processor.

Exchange rate result = value of the coins at conversion minus the amount credited to the playerFor example, the player was credited €1,000 at the rate at the time of the deposit. Before conversion the rate fell by 3%: the casino received €970 but owes the player €1,000, a loss of €30.

Stablecoins pegged to the dollar or the euro remove most of this risk. But the peg is not absolute: each stablecoin has its own issuer and its own risk.

Each network has its own fee and confirmation time, from seconds to an hour or longer. On a congested network both the fee and the wait go up. Show the network, the minimum amount and the number of confirmations in the cashier.

KYC, AML and the licence

Crypto does not cancel any checks. KYC and AML work the same way as for cards: identity, source of funds on large amounts, plus screening wallet addresses for links to high-risk sources.

Not every market allows crypto: in some it is banned for gambling, in others it needs a separate permit. This is set by the licence.

Common mistakes

  • Crypto as a way around KYC. A deposit without documents does not exempt anyone from the check before withdrawal or from AML obligations.
  • The cashier does not show the network. The player sends coins on a different network or below the minimum, and the money has to be traced and returned manually, if that is possible at all.
  • Reports in different coins. GGR and bonuses are not converted into one currency at the daily rate, and months cannot be compared.
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