Monero is a cryptocurrency that was initially released on April 18 2014 and its latest relaunch took place on April 10 2023. It’s considered one of the largest cryptocurrencies in the world, alongside Bitcoin and Ethereum, even though XMR certainly beats both of them in terms of privacy.
For some online casino frequenters who use crypto for their payments, Monero is not a new banking method. However, a lot of punters are still wary of using it on gambling platforms. The main reason for this is the complete and impenetrable security of Monero, which makes this alternative coin suspicious in some users’ eyes.
Like any other cryptocurrency, XMR uses blockchain technology as its building blocks. With such enhanced privacy, all operations with Monero are completely anonymous and hidden from observers. As a result, no third parties can trace your payments made with XMR. While top-notch security is an undeniable advantage of Monero, many users still associate it with illicit transactions.
As many Monero casino sites actively use this method for deposits and withdrawals, there’s nothing to be scared of. With our review, you’ll learn to make payments with XMR securely and without any hassle.
Monero Brief Information
💶 Currency |
XMR |
📈 Transfer Amount Limits |
Depends on a casino |
🧾 Fees |
0.000006 ($ 0.0010) |
⏳ Deposit Time |
3 minutes on average |
⌛ Withdrawal Time |
Up to 24 hours |
Limits and fees at Monero casinos
On casino sites with Monero, you can freely use this payment method both for deposits and withdrawals. XMR is a pretty flexible banking method with fair transaction limits. Plus, you can deposit and withdraw both small sums and larger amounts of money that can reach many thousands.
Monero is also a good choice for your online transactions since Monero online casinos charge relatively small fees compared to other crypto coins. The fees usually don’t depend on the sum you’re depositing or withdrawing, as the main driving forces are the network congestion at the moment of transaction and its data size.