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Kingbit Casino Review

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KingBit Casino Overview

KingBit caters solely to crypto players. With a focus on BTC, it stays right in the mainstream of the crypto world. You can play more than 1,000 casino games at KingBit and grab a very generous welcome bonus when you do.

Risk Warning: dAppGambl does not constitute any investment or trading advice. Please carefully understand and evaluate the risks yourself before participating in any dApp

Accepted Cryptocurrencies

bitcoin logo
ethereum logo
litecoin logo
xrp logo
tether logo

Available Games

slots
Live Casino
table games
jackpots
poker

Pros

  • Crypto-only casino
  • 1200+ games
  • Live chat support 24/7

Cons

  • No license
  • No provably fair games

The casino does not have any casino license from an official authority. In addition, the terms and conditions state that players are solely responsible for being aware of the online gambling status in their own country. However, the casino does not list any restricted countries leaving the players clueless οn whether their winnings will be confiscated or not.

Kingbit casino - Welcome bonus

Bonus Program

Welcome Bonus Up to 2 BTC
Other Bonus offers/promotions Reload Bonus
VIP Program No

Pros

  • Welcome bonus of up to 2 BTC
  • Reload bonus
  • Unlimited maximum cashout

Cons

  • High wagering requirements
  • Only 3 promotions available

We want all our readers to be informed about the welcome bonuses and their current terms. In this way, you will know from the beginning if you’re interested in claiming the bonus and how possible it is to complete the wagering requirements and eventually request the payment of your winnings.

Ready to delve into the welcome bonus of KingBit casino?

1st Deposit – 110% up to 1 BTC

First, you need to activate the Welcome Bonus before making your first deposit. The minimum deposit is 0.2 mBTC, and the wagering requirements are x40 (deposit + bonus money). The maximum wager is 0.25 mBTC. Once you fulfill the requirements, you can request a withdrawal before moving to the 2nd deposit. The bonus expires 30 days after activation. If you don’t meet all the demands, the remaining bonus money will be deducted from your account.

2nd Deposit – 55% up to 1 BTC

Again, before making your second deposit, you have to claim your bonus at the cashier. The minimum deposit amount is 0.2 mBTC, and the highest wager is 0.25 mBTC. You need to wager 40x (deposit + bonus money) the bonus amount in the applicable slots. Table and live casino games don’t count towards the wagering requirements. If you make it this far within 30 days from the bonus activation date, you can request your winnings.

Kingbit casino - Bonuses

Other Promotions

In addition to the welcome bonus, there is still one more promotion.

This is a 50% bonus reload up to 2BTC at the beginning of each month. You can claim this bonus on your first deposit of a new month. Contact Kingbit customer service team to assure that the reload bonus has been activated. You can wager this bonus only in slots, not table and live casino games. Here, too, the same terms apply as explained above.

NOTE: What troubled us is that the bonus terms and conditions are not straightforward. As we mentioned, the x40 requirement refers not only to the bonus money but to the deposit amount too.

Let’s take as an example the first part of the bonus.

Suppose we deposit the smallest possible amount, 0.25 mBTC.
As soon as you deposit the amount, you are given a total equal to 0.275 (0.25 x 110% = 0,275 mBTC).

Now, we will have to calculate the wagering requirements as well. Thus, we have 0.25 (deposit money) x 40 (wagering requirements) = 10m BTC and 0.275 (bonus money) x 40 (wagering requirements) = 11 mBTC.

Therefore, 21 mBTC divided by 0.275 mBTC equals 76.36% betting requirements!

Very complicated, right? We did the same calculation and found that the actual wagering requirements for the second deposit bonus are x113!

The detailed wagering requirements can be found in the Bonus Terms & Conditions category at the bottom of the homepage.

Payment Options

Accepted Currencies Bitcoin, Ethereum, Litecoin, Xrp, Tether
Withdrawal Time Instant

Pros

  • Most widely-used cryptos
  • Bitcoin wallet guide

Cons

  • KYC possible
  • Only Bitcoin withdrawals

KingBit casino is a crypto-only casino, but withdrawals are Bitcoin only. We will immediately explain what we mean.

To get to withdrawals, we must first start with deposits. There are five accepted cryptocurrencies for deposits. These include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and Tether but only ERC20. Withdrawals are only possible in Bitcoin. The exchange rate from all the other cryptocurrencies to BTC is 1 mBTC.

Withdrawal Options

Speaking of withdrawals at KingBit casino, there is a withdrawal fee of up to 0.3 mBTC, depending on the amount you wish to cash out. The allowed minimum withdrawal is 1 mBTC. There are also limits to the maximum withdrawals:

  • Daily: 1 BTC
  • Weekly: 2 BTC
  • Monthly: 5 BTC
Kingbit casino - Withdrawal

Speaking of withdrawals at KingBit casino, there is a withdrawal fee of up to 0.3 mBTC. The withdrawal process is not that fast as it can take up to 24 hours, from Monday to Friday, to be approved. Before your request is approved, you may have to undergo an identity verification for a further “gameplay check”. As they state in Terms and Conditions:

We further reserve the right to ask any customer to provide sufficient documentation for us to be satisfied in our absolute discretion as to the customer’s identity prior to us crediting any bonus to their account.

Game Selection

Amount of Games 2000+
Available Games Slots, Live Casino, Table Games, Jackpots, Poker

Pros

  • Good games selection
  • Easy navigation
  • How-to-play guides

Cons

  • Not many top game providers

KingBit casino collaborates with 22 software providers, the most famous being Pragmatic Play. The two broadest game categories are Casino and Live Casino. In the casino category, you can filter the games by New, Video Slots, Table Games, Scratch Cards, Jackpot, Virtual Games, Video Poker, Megaways & Multiways, Video Bingo, and Bonus Buy.

Of course, if you have favorite games from a specific game provider, you can click on Providers and select, for example, Pragmatic Play so that only the titles of that company are displayed. You can also type the title you are looking for in the search bar to see if it is listed in the casino’s portfolio.

The most popular casino games on the website are Lucky Lion, Buffalo50, Al Capone, and Crazy Monkey.

Kingbit casino - Most played games

Live Casino

We’re used to seeing live casino games as a single category, but at Kingbit things are a little different. First, you need to create a casino account to see the full list of games. However, most live rooms are provided by Pragmatic Play, BetGames, Asia Gaming, Vivo Gaming, and OneTouch. You will find all the classic games with their variations, such as Baccarat, Blackjack, Sic Bo, and new additions, such as Hollywood TV and Sweet Bonanza Candyland.

If you want to try a new game for the first time, the casino has How to Play guides for all available games. This feature was something that we really liked!

Kingbit casino - Live casino

Mobile Casino

Kingbit has not yet designed a mobile app. According to our tests and the other players’ feedback, you will not face any problems playing from your browser on mobile or tablet.

The responsiveness of the site depends on your device too. That’s why we recommend that you visit and navigate the casino before making your first deposit. If you see that it loads quickly and without problems, you’re good to go!

Security and License

Established 2019
Safety proof Good Reputation, Transparency

Pros

  • Good reputation
  • KYC only when necessary

Cons

  • No official license

address in Cyprus. Although Mirage Corporation N.V. is incorporated under the laws of Curaçao, the casino does not hold an official license from any jurisdiction.

Furthermore, the casino advises players residing in a country where online gambling is illegal not to create an account or attempt using VPN, VPS, or Proxy to conceal their IP address. If the casino detects such activity, it has the right to block your account and not pay you your winning sum.

KingBit accepts players only over the age of 18, but since there is no KYC policy, that’s almost impossible to know with certainty. Any casino has to inform players that gambling can be addictive.

KingBit casino has a responsible gambling disclaimer at the bottom of the page, encouraging users to play responsibly.

Customer Support

Support 24/7 customer support through email, 24/7 Live Chat

Pros

  • 24/7 customer support
  • FAQ & Contact Form
  • Multilingual customer service

Cons

  • No social media or forums

The customer service is available 24/7 via live chat and email. The supported languages are English, German, and French. You’ll notice that the moment you enter the casino, the chatbot greets you with the following message:

Welcome to Kingbit Casino, if you need help simply reply to this message, we are online and ready to help.

You can send your email to [email protected] or fill in the contact form explaining your problem. You will find this form at the bottom of the page. Click on Contact, and a new page will load a form asking for your name, email address, and message.

For general questions about your account and games, you can also have a quick look at the FAQ.

Conclusion

Although a crypto-only casino, Kingbit has not gained players’ enthusiasm so far. What is the reason for this? What needs to change? Let’s start with bonuses’ terms and conditions. It is almost impossible for someone to complete all the bonus requirements successfully. The second weak spot is that it does not have a license from a legal authority nor provably fair games. That alone explains why the casino hasn’t partnered with top game providers. In fact, this is the third point that needs to be improved. Yes, the quantity of games is great, but the quality is not satisfactory.

However, it’s probably only a matter of time before Kingbit gets a license and adds more games. Also, the 24-hour customer service team will always be there to help you. Finally, what crypto players will surely love is 100% anonymity.

FAQ

Is Kingbit casino legit?

KingBit casino doesn’t have a license so far. However, many players have said that they had a good experience in this casino. Their winnings were paid out without any problems.

What is the welcome bonus at Kingbit casino?

The welcome bonus is completed in two deposits. In total, you can win up to 2 BTC! For more detailed information, scroll up to the Bonus section of this kingbit casino review.

What cryptocurrencies are accepted at KingBit?

Clearly, Bitcoin is favored in this casino, but you can also deposit Ethereum (ETH), Litecoin (LTC), Ripple (XRP), and Tether (only ERC20).

Do I have to do a KYC check at Kingbit casino?

Only in rare situations, such as anti-money laundering suspicion, you may be asked to undergo a KYC identification. Other than that, the casino protects your right to 100% anonymity.

Eugene Abungana
Written by Eugene Abungana verified symbol Investment Analyst, Financial Analyst, and Institutional Trader
107 Articles

Eugene is an investment analyst, MQL developer, financial trader and an expert in blockchain technology. He is a graduate in economics and holds additional studies in sustainable retirement investments. In addition, he has a background in literary journalism and experience in private fund management, institutional trading, and online broker setup. Eugene is a specialist at breaking down complex finance and investment topics into a simple read for everyone.

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