List of the Best Indian Casinos That Accept Monero
What Are Monero Casinos and What Are Their Benefits?
Monero casinos are online casinos that allow you to make deposits and withdrawals using Monero (XMR).
They are not very common on the Indian market, and they are almost always crypto casinos that offer Monero payments, among many other crypto payment options, like Bitcoin, Ethereum, Cardano, and Dogecoin.
Monero casinos allow you to gamble anonymously without sacrificing the excitement of playing casino games. Monero is dubbed the privacy coin as it offers a lot more privacy than other cryptos.
Monero casinos come with a host of benefits most casino players will appreciate:
- Unprecedented level of privacy — Tracing back a transaction on the Monero blockchain is almost impossible thanks to advanced cryptography and high emphasis on privacy and security.
- Ease of use — Monero is incredibly easy to use, so even beginners in the crypto sphere will quickly get their hands on XMR coins and use them in casinos.
- Limited supply — The total supply of XMR is 18.4 million, and a limited supply of coins means the value will increase in the future. Almost 18.3 million have been mined already, and we’ll likely reach the maximum soon, with price jumps expected soon after.
- Cheap and fast transactions — Transactions on the Monero network typically take a minute or two to complete, while fees are mostly below ₹10.
|Monero General Information|
|Inventors||Nicolas van Saberhagen (identity unknown), possibly other developers as well|
|Accepted in Indian Casinos||Yes|
Brief History of Monero
Monero was created and launched in 2014 with the goal of becoming the privacy crypto everyone can rely on to remain anonymous. The project’s founders are unknown, which is expected for a coin that values privacy this much.
It’s nothing unheard of in the realm of cryptocurrencies, and it hasn’t weakened Monero’s legitimacy.
The founder or founders used the pseudonym Nicolas van Saberhagen to create the white paper that led to the creation of Bytecoin.
Bytecoin is another privacy-focused cryptocurrency and the first to implement the protocol described in Saberhagen’s white paper. The application layer protocol is called CryptoNote, and it was designed to be used in cryptocurrencies that aim to solve several issues Bitcoin has, like bulky scripts, traceability of transactions, irregular emission, and more.
Then, another unknown person under the username thankful_for_today forked Bytecoin, creating BitMonero, which was later forked away from them and named Monero.
Some even believe that XMR’s creator is Satoshi Nakamoto, the famed Bitcoin creator whose identity remains unknown.
Whoever that person or persons are, it is believed that many developers have worked on the project over the years.
History of Monero — Major Milestones
Let’s take a quick look at the most critical milestones in the history of the privacy coin:
- October 2013 — Nicolas van Saberhagen releases Monero’s white paper titled CryptoNote v 2.0.
- March 2014 — Bytecoin is launched.
- April 2014 — Monero is launched.
- May 2014 — Monero gains its first listing on cryptonote.exchange.to.
- June 2014 — Monero’s abbreviation changes from MRO to XMR.
- May 2021 — Monero reaches the all-time high price of $517.62.
How Do Monero Casinos Work?
Monero casinos are like all other online casinos as they typically offer a wide range of payment methods, both fiat and crypto, and Monero happens to be one of them.
You’ll most likely find it with other popular cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and Dogecoin. These crypto casinos are sometimes crypto-exclusive, meaning they don’t work with fiat currency and traditional payment methods.
Crypto-exclusive casinos supporting Monero transactions offer higher privacy, instant cashouts, no KYC procedures, and a wide range of provably fair games.
If you decide to join one of the popular Monero casinos listed here, you’ll find them offering the same quality as other casinos, especially in terms of games and casino bonuses.
How to Make an XMR Deposit in a Crypto Casino
Even though it offers extreme levels of privacy, making deposits with XMR in crypto casinos is incredibly simple. Here’s how it works:
- Choose a Monero casino from our list and visit the official site.
- Register an account by following the site’s steps.
- Visit the Deposit page and choose Monero as the payment method.
- Copy/paste the casino’s address or scan the QR code with your crypto wallet app.
- In your wallet, input the amount you want to deposit.
- Double-check the information and complete the transaction.
The XMR coins should reach your casino account immediately or within a few minutes.
How to Make an XMR Withdrawal in a Crypto Casino
Withdrawals are equally simple. Here’s the process you’ll need to follow in most Monero casinos:
- Log into your casino account.
- Visit the Cashier page and head over to the Withdrawal area.
- Choose Monero as the cashout option.
- Input the amount you want to withdraw and your Monero wallet’s address. Make sure to copy/paste it so you don’t make a typo that would send the funds to a dead address. You can’t reverse it.
- Complete the transaction and wait for the funds to arrive.
The XMR coins should reach your wallet within a few minutes if the casino offers instant withdrawals. If it doesn’t, you need to account for its processing time.
Monero Gambling Guide in India — How to Start Playing
The main things you need to have before you begin playing in a Monero casino are a crypto wallet that supports Monero and enough XMR coins to fund your journey.
Create a Monero Crypto Wallet
You can purchase any cryptocurrency without setting up a wallet, but we advise you to do this first as you’ll need to for safe storage of your coins.
The aim is to find a reputable crypto wallet that supports XMR storage. As this is a popular crypto, you’ll find plenty of them on the market.
Some of the top wallets on the Indian market are BuyUcoin, Binance, Wazirx, and CoinDCX.
We are simplifying things as there are different types of crypto wallets. For beginners, it’s best to go with simpler ones like these.
Once you’ve picked a crypto wallet, visit the official site and follow the procedure for setting it up. It should take you only a couple of minutes.
Once you have the wallet set up and ready to go, it’s time to purchase Monero. Some wallets will let you do that directly, but in most cases, you’ll need to buy it on an exchange.
Pick a reputable crypto exchange that covers Monero and is available in India. This includes platforms like BuyUcoin, Binance, Bitbns, OKX, Kraken, Kucoin, and Wazirx.
Some exchanges don’t support gambling, so you’ll have to transfer your newly purchased crypto to your wallet to start funding your gambling account.
Once you’ve chosen an exchange, visit the official site and register. The process is typically quick and simple, but you must provide various personal details and verify your identity.
You can then fund your account with multiple payment methods, including credit cards and bank transfers. Once the funds are in the account, you can purchase XMR coins. Then, make sure to transfer them to your wallet.
Choose a Monero Casino
As we’ve picked some of the top Monero casinos in India with rewarding welcome packages, excellent terms, and a wide range of games, you only need to pick one from our list.
You can also read online casino reviews to find the one that will suit you the most.
Use our link to visit the official site and possibly get access to some exclusive deals. Create an account by following the steps and providing the necessary information.
Make a Deposit and Pick a Casino Game
As soon as your account is ready, you can visit the Deposit section and pick Monero from the available methods.
Follow the steps we already outlined to complete the transaction. The funds should be in your account within minutes.
Visit the games library, pick a title, and start playing!
Play at the Best Monero Casinos in India
All Monero fans should consider playing in Monero online casinos. They offer high privacy, fast transactions, low fees, and rewarding bonuses.
You only need to check our list of Monero casinos in India, pick one, register an account, deposit XMR, and start having fun with a wide selection of quality casino games.
Frequently Asked Questions
Yes, of course. Monero casinos let you deposit and withdraw XMR, but they’ll typically exchange the coins into the site’s default currency while you’re using it. However, you’ll still get to withdraw your winnings in XMR to the same wallet you’ve used for depositing.
India doesn’t have laws on crypto gambling or online gambling in general, so it’s largely considered legal. Some states have gambling laws, though, so you should check them before playing.
There is no single best Monero casino in India, but several of them, each good for a specific reason or to a particular type of gambler. Check out our list and choose the casino that suits your needs the most.
Transactions on the Monero blockchain are confidential and untraceable. However, anonymity depends more on the casino you’re using. If you must provide personal information to register and use the site, it’s not anonymous, as the site knows who you are. On the other hand, some crypto casinos require no personal information, and using Monero on them is the best option if you want to remain anonymous.
The Monero blockchain doesn’t place a limit on the number of XMR coins you can send or receive in a single transaction. However, every crypto casino has its own internal limits on specific currencies and site-wide daily, weekly, and monthly limits. You can find this information on the casino’s Payment page or within the T&Cs.
Transactions are usually quite fast on the Monero network, taking around 2 or 10 minutes in some cases. Bear in mind that online casinos do their own processing, that’s usually longer with withdrawals.
You can buy Monero on various popular exchanges operating in India. It’s one of the world’s top cryptocurrencies, with a market of around ₹230 arab (May 2023), meaning it’s available for purchasing and selling on all major exchanges. You can try Binance, BuyUcoin, WazirX, OKX, and Kucoin.
The value of XMR is constantly changing, just like every crypto. However, the price has been less volatile since August 2022, oscillating between ₹9700 and ₹15,000, but mostly around ₹12,300.