As we all know this is the booming period of cryptocurrencies. It is slowly making its mark in almost every sector such as financial services, Supply chain, real estate, media, education, gas, oil, healthcare, and casino. Yes, you heard it right, cryptocurrencies are now in the casino fields as well, in fact, they are becoming one of the unavoidable things in the online casino industry. Many online crypto casinos are launching every week, especially in Singapore. 

This country is becoming one of the center spots for online crypto casinos. Some of the best crypto casinos in Singapore are Bitstarz Casino, Wild.io Casino, 7Bit Online Casino, Instant Casino, and Mega Dice Casino. Don’t worry if you know nothing in detail about these casinos and the legality of cryptocurrency in Singapore. We will also share details regarding how to choose the best online casino in Singapore, the types of games available in Bitcoin casinos in Singapore, the pros and cons of crypto casinos, and whether crypto casinos are safe to use in Singapore through this guide.  

Top 5 Best Crypto Casinos in Singapore

1. Bitstarz
2. Wild.io
3. 7Bit casino
4. Instant casino
5. Mega dice

1- Bitstarz Casino

Bitstarz is a popular online crypto casino that accepts over 500 cryptocurrencies. This casino offers many quality games to its players in different categories. All these games are offered by the industry’s best game providers. Some of the available game categories are slot machines, table games, live casinos, Bitcoin games, megaways, etc. One important point to highlight here is the bonus offers and promotions offered by Bitstarz Casino. They provide offers such as Jackpot Mania, Welcome Package, Slot Wars, Table Wars, etc. Some of the famous Bitcoin games available in this casino are Lucky Joker 20, Olympus Plinko, NFT Megaways, Legendary Excalibur, Hot Money Slot, Nordic Kings, Lucky Easter, Beheaded, Play With The Devil, Triple Turducken, Crystal Mirror, Arctic Sky, infernal Fruits, etc.     

Casino Overview

Established Year	2014
License	Curacao eGaming Commission
Welcome Offer	5 BTC plus 180 free spins
Rating	9.9 out of 10

Pros and Cons

Pros	Cons
The availability of games in different categories.	Not available in all countries.
The industry’s best game providers offer all the games.	All the games are not available in all regions.
Quality customer service with a live chat facility and email support.
Exciting bonus offers and promotions are available.
Accepts over 500 cryptocurrencies.
Safe and secure banking options are available.
Easy registration process.

2- Wild.io Casino

Wild.io Online Casino is one of the best and most popular online crypto casinos in Singapore. This casino offers many quality games in different categories such as slot machines, live casinos, table games, jackpots, megaways, etc. All these games are provided by the industry’s best game providers such as B Gaming, Betsoft, Amigo Gaming, 3 Oak Gaming, Bullshark, Evolution Gaming, Pragmatic Play, etc. The bonus offer and promotion section provides many exciting offers to its players. 

Wild.io Casino accepts cryptocurrencies such as Bitcoin, Litecoin, Tether, Ethereum, Dogecoin, etc. Some of the available sports in Wild.io Casino are cricket, football, field hockey, tennis, volleyball, basketball, table tennis, American football, archery, badminton, boxing, chess, baseball, freestyle wrestling, etc.

Casino Overview

Established Year	2022
License	Curacao eGaming Commission
Welcome Offer	Up to 300% bonus plus 200 free spins
Rating	9.9 out of 10

Pros and Cons

Pros	Cons
The availability of quality games in different categories.	Not available in all countries.
The industry’s best game providers offer all these games.	All the games are not available in all regions.
Quality customer service.
Exciting bonus offers and promotions are available.
Safe and secure banking options are available.
Accepts cryptocurrencies.
Easy registration process.

3- 7Bit Casino

7Bit Online Casino is one of the best and most popular online crypto casinos available in the industry. This casino offers quality games in different categories such as slot machines, table games, BTC gaming, jackpots, instant wins, bonus wagering, etc. The industry’s best game providers offer all these games. Some of the best game providers in this casino are Gamebeat, Betsoft, BGaming, Smartsoft Gaming, Yggdrasil, Nolimit City, Playson, Absolute Live Gaming, Bulletproof Games, Retro Gaming, etc. 

Casino Overview

Established Year	2014
License	Curacao eGaming Commission
Welcome Offer	5.25 BTC plus 250 free spins.
Rating	9.9 out of 10

Pros and Cons

Pros	Cons
Top-quality games are available in different categories.	Restricted in some countries.
The industry’s best game providers offer all the games.	All the games are not available in all regions.
Quality customer service including a 24/7 live chat facility.
Safe and secure banking options are available.
Exciting bonus offers and promotions are available.
Accepts cryptocurrencies.
Easy registration process.

4- Instant Casino

Instant Casino offers its players an attractive welcome bonus package of 200% up to €7,500 plus 10% cashback. This casino allows instant withdrawal of winnings and also provides high betting limits to elevate the gaming experience. As part of the promotion, Instant Casino offers 105 cashback every Monday. Famous game providers such as Pragmatic Play, Evolution, Octoplay, Hacksaw Gaming, Red Tiger, Net Ent, Fantasma Games, Novomatic, Wazdan, Blue Print Gaming, Caleta, Elbet, Nolimit City, Ela Games, Evoplay, Ezugi, Bet Soft, etc. offers many quality games in different categories. Some of the game categories include slots and live casino games.

Casino Overview

Established Year	2024
License	Curacao eGaming Commission
Welcome Offer	200% up to €7,500 plus 10% cashback.
Rating	9.8 out of 10

Pros and Cons

Pros	Cons
All the top games are available in different categories.	Not available in all countries.
The industry’s top game providers offer all the games.	All the games are not available in all regions.
Quality customer service including 24/7 live chat service.
Exciting bonus offers and promotions are available.
Safe and secure banking methods are available.
Accepts cryptocurrencies.
Easy registration process.

5- Mega Dice Casino

Mega Dice is one of the best and most popular online crypto casinos in Singapore and around the world. This casino offers a 200% bonus offer up to 1 BTC plus 50 free spins plus sports free bets as the welcome bonus package. Other than this Mega Dice Casino provides bonus offers and promotions such as Mega Saturday Slots, Football Tournaments, Mega Live Casino Sundays, Mega Combi Boost Feature, etc. 

Coming to the sportsbook, this casino offers sports such as soccer, tennis, basketball, American football, ice hockey, baseball, table tennis, volleyball, boxing, handball, snooker, chess, futsal, arm wrestling, wrestling, super over cricket, etc.

Casino Overview

Established Year	2023
License	Curacao eGaming Commission
Welcome Offer	2005 up to 1 BTC plus 50 free spins.
Rating	9.8 out of 10

Pros and Cons

Pros	Cons
Top-quality games are available in different categories.	Restricted in a few countries.
The best game providers offer all the games.	All the games are not available in all countries.
Quality customer service.
Many world-famous sports are available in the sportsbook.
Safe and secure banking options are available.
Exciting bonus offers and promotions are available.
Easy registration process.

How We Choose The Best Online Casino in Singapore

We need to consider factors such as the acceptance of cryptocurrency, the license and regulation of the online crypto casino in Singapore, games available in the crypto casino, security features offered by the crypto casino, and the bonus offers and promotions available in the casino.

• Acceptance of Cryptocurrency
• License and Regulation
• Availability of Games
• Security features
• Bonus offers and Promotions

1- Acceptance of Cryptocurrency

Before choosing a new cryptocurrency in Singapore, check whether the casino accepts it. Some of the most popular and common cryptocurrencies accepted are Bitcoin, Litecoin, Ethereum, Tether, Dogecoin, Cardano, etc. The availability of a wide variety of cryptocurrencies will give the players the choice of their preferred one to deposit and withdraw. 

2- License and Regulation

This is an important point to consider. Check whether the casino has a reputable license or not. Some of the reputable license-giving organizations available are UKGC, MGA, Curacao eGaming Commission, Panama Gaming Commission, and PAGCOR.

3-  Availability of Games

Go check the game library of the casino first. The game library of a casino is the most important and attractive section.  A casino must provide many quality games in different categories such as slot machines, table games, live dealer games, specialty games, etc. Also, check whether all these games are offered by the famous game providers in the industry. 

4- Security features

Check what are the safety precautions taken by the casino to protect the privacy and financial details of the player. Some of the most common security features available in almost all reputable casinos are two-factor authentication, SSL encryption, privacy protection measures, and security payment gateways. 

5- Bonus offers and Promotion

Consider the bonus offers and promotions available in the casino. A reputable BTC casino in Singapore and around the world will provide their players with offers such as a welcome bonus, no deposit bonus, deposit bonus, free spins, reload bonus, loyalty rewards, etc. along with interesting promotions. 

Types of Games are Available in Bitcoin Casinos in Singapore

To be on top of the industry, a casino must provide the best in every section. The game library is one of the most important in it. This will influence those who visit the website for the first time. Some of the popular casino games available in BTC casinos in Singapore are Slot machines, roulette games, blackjack games, poker games, etc. 

1- Slot Machines

Slot machines are the most popular and common game category available in most of the casinos with a good reputation in Singapore. This is a gambling tool including spinning reels decorated with different symbols. These online slots use RNG (Random Number Generator) for all the spins players make and it will make the outcomes of the game unpredictable. 

Different strategies are available for the players to use in slot machines, but all these strategies guarantee the players a 100% win due to the random nature of the slot.  Some of the famous slot games are Sweet Bonanza 1000, Le Bandit, Wild Tiger, Santa Mummy, Wild Cluster, Zeus vs Hades Gods of Wsr, Juicly Wheel, Joker Stoker, King of Dragon, Gemhalla, Wood Luck, etc.  

2- Blackjack Games

Blackjack is another popular version of the game available in most of the reputable casinos. In this game, all the players are betting against the dealer and not playing against one another. They need to get a higher hand than the dealer, but the number should not go over 21. Before the deal begins the players will place a bet. There are different numbers of decks available but the most common decks are 6 or 8 decks. This game is also known as ‘Twenty-One’.  

3- Roulette Games

Roulette is another popular casino game available in most land-based and online casinos. Here, players will bet on red or black numbered sections. Players can make the bet on a single number, a group of numbers, or the colors of the number, whether the number is odd or even, or if the number is low or high. 

4- Poker Games

Poker is a strategic card game and there are many strategies to play poker games, but this game is more about luck than strategies. Five-card draw and video poker are the most popular types of poker games. 

Are Crypto Casinos Legal in Singapore

Singapore is a country where some of the best Bitcoin casinos available. In Singapore, casinos are permitted as integrated resorts (IR). The integrated resorts mean, a multi-dimensional tourism compound that blends gaming and non-gaming entertainment options. This country regulates gambling with strict laws to minimize the potential harm to society and to keep up the law and order. 

Coming to the cryptocurrencies, they are legal in Singapore, but, not considered as a legal tender. Singapore is considered a model nation in the case of adopting a balanced regulatory and legal framework for cryptocurrencies and organizations related to them.  Also, this country has no capital gains tax for those who are not engaging in business activities with crypto. This makes Singapore a crypto-tax-free country.  So, the winnings from crypto casinos are not considered as income and they are just windfalls.

Pros and Cons of Crypto Casinos

There are many pros and cons of using crypto casinos. Those are given below: 

The Pros of Using Crypto Casinos

• Privacy

Using crypto casinos offers more privacy to players. The reason behind this is that players don’t need to share any of their personal details or banking details with the casino. Some casinos even allow the players to register with just an e-mail address. 

• Lower Transacion Fees

Compared to fiat currencies, cryptocurrencies are much cheaper. Most of the reputable crypto casinos in Singapore only charge a minimal network fee. 

• Faster Withdrawals

There are no intermediaries like banks to process the transactions. This decentralized nature of cryptocurrencies offers faster withdrawals.

• Global Accessibility

Global accessibility is an attractive advantage of cryptocurrencies. Players can access cryptocurrencies from anywhere around the world. Also, players need not depend on any of the financial institutions or banks. 

The Cons of Using Crypto Casinos

• Security Risks

Yes, blockchain technology offers security to the transactions, but there are no central authorities available to go for if something goes wrong. 

• Regulatory Uncertainty 

The legal environment of cryptocurrency is still making progress. Different countries have different regulations for cryptocurrencies. Many crypto casinos operate with offshore licenses.

• Volatility of Cryptocurrencies

This is one of the important risks of using cryptocurrencies. There is always a high chance of price volatility. For example, if you deposit 2 Bitcoins when its value is $50,000, but suddenly the price has dropped to 40,000 by the time you withdraw the amount.  This means the fiat currency you may get will be worth less.  

Are crypto casinos safe to use?

Crypto casinos are virtual gambling platforms that accept digital currencies such as Bitcoin, Tether, Litecoin, Ethereum, etc. as payment methods. Compared with traditional online casinos, these casinos are different. Crypto casinos offer more anonymity than the traditional casinos. Other than this, crypto casinos offer more privacy, speedy transactions, low transaction fees, and minimal network charges. 

But, the real question lies in the safety of its usage. There are certain things to consider before registering and depositing funds, those are given below: 

The first thing you need to check is whether the casino has a valid license to operate or not.  If the casino has a license it means the casino follows particular rules. Some of the reputable license-giving organizations are the Curacao eGaming Commission, Malta Gaming Authority, UK Gambling Commission, Gibraltar, Kahnawake, PAGCOR, etc.

The next thing to check is the reputation and user review of the casino. Go through the user reviews and testimonials of the casino to understand genuine reviews about the casino from the users.  Try to read what users say about the customer service, fairness, withdrawal process, promotions, and consistency of the casino.  

Security measures are the next point to consider here. Check what are the security measures offered by the casino to protect the privacy and financial details of the casino. Two-factor authentication (2FA), Secure Socket Layer (SSL) Encryption, Firewalls, Biometric Login, and Secure Crypto Wallets are some of the common security features offered by crypto casinos.

Another point to consider here is fairness and game provability. Provably fair gaming helps the players understand the objectivity of the game results in real time. This can be done using the cryptographic hash functions. By considering these factors you can find the best and most reputable online crypto casinos. 

Crypto Casino Winnings and Taxes in Singapore

As we mentioned above, Singapore is a tax-free country for cryptocurrencies. Gambling with proper licenses and regulations is legal in this country. In the case of online gambling, the tax is charged on net winnings for the last year at a rate of 30%. This rate is based on the Income Tax Act 1961.  

Cryptocurrencies are tax-free in Singapore. This makes it a more favorable atmosphere for businesses and individual investors. The only time when individuals need to pay tax is when they try to convert the cryptocurrency to fiat currency. 

Comparison Table

Casino	Welcome Bonus	No. of Games	Live Dealer Games	Sports Book	License
Bitstarz Casino	5 BTC plus 180 Free Spins	Over 3,000	Yes	N/A	Curacao eGaming Commission
Wild.io Casino	120% up to $5,000	Over 7,000	Yes	Yes	Curacao eGaming Commission
7Bit Casino	325% up to 5.25 BTC plus 250 free spins	Over 7,000	No	No	Curacao eGaming Commission
Instant Casino	200% up to €7,500 plus 10% cashback.	Over 1,000	Yes	Yes	Curacao eGaming Commission
Mega Dice Casino	200% up to 1 BTC plus 50 free spins	Over 6.000	Yes	Yes	Curacao eGaming Commission

Conclusion

We hope you have already understood what are the best crypto casinos in Malaysia and the legal concerns based on cryptocurrency and gambling in Malaysia. Our team has gone through over a thousand crypto casinos available in Malaysia to find the top 5 crypto casinos in the country. Consider all the points we have shared in this guide before registering for crypto casinos in Malaysia.

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