Top Crypto Casinos Online in the Netherlands
- Cloudbet – Best for getting BTC bonuses in the Netherlands
- Bitstarz – Best for accessing instant casino withdrawals
- Metaspins – Best rakeback casino in the Netherlands
- Fortune Jack – Best for playing using multiple cryptocurrencies
- Vave Casino – Best for no KYC requirement
- Betfury – Best for accessing a casino with a token faucet
- Lucky Block – Best for no welcome bonus wagering
- Bitslot – Best for using codes to access deposit bonuses
- WAGMI Casino – Best for accessing NFT benefits
- BSpin – Best for welcome bonus with free spins attached
Top Picks for Casinos in the Netherlands
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- Popular casino
- Sportsbook with eSports
- Some of the best odds
SummaryCloudBet Started out as just a Bitcoin casino and since then has expanded to include a range of cryptocurrencies. A huge welcome bonus and fantastic casino games makes CloudBet a top name in crypto gaming.
Accepted Currencies- Popular casino
- Sportsbook with eSports
- Some of the best odds
BlockchainCustomer SupportLicences -
- Live Casino
- Generous welcome bonus
SummaryBitstarz is well known on the market for providing a high quality experience. Offering cryptocurrency and fiat payments, it gives amazing gaming opportunities and a fantastic crypto exclusive welcome bonus.
Accepted Currencies- Live Casino
- Generous welcome bonus
BlockchainCustomer SupportLicences -
- Instantly approved zero fees withdrawals
- No KYC needed
- VPN friendly
SummaryA very newly-established site in the crypto casino market. It allows players to use pure cryptocurrency to play games, yet they could also use fiat currency to purchase crypto through the site. It’s owned and operated by Metaspins N.V and has a license from the Government of Curacao. This brand-new site is looking to provide a different approach to the world of crypto gaming.
Accepted Currencies- Instantly approved zero fees withdrawals
- No KYC needed
- VPN friendly
BlockchainCustomer SupportLicences -
- Generous welcome bonus
- Popular games
- Easy site navigation
SummaryWith almost a decade of experience, Fortune Jack is a casino that’s well regarded on the market. Excellent crypto payment options are combined with elite casino games to make this a wonderful casino choice.
Accepted Currencies- Generous welcome bonus
- Popular games
- Easy site navigation
BlockchainCustomer SupportLicences -
- Anonymous Gambling
- Instant withdrawal
- Crypto sportsbook
SummaryVave is the latest crypto casino to take the crypto gambling world by storm. Vave casino is a Bitcoin-focused casino with the luxury of offering a crypto sportsbook. It processes crypto deposits directly on the blockchain, so your up to 1 BTC welcome bonus can be wagered and withdrawn instantly. Intuitive layout, top bonuses, and 300+ games and counting with sportsbook makes for an interesting star on the rise.
Accepted Currencies- Anonymous Gambling
- Instant withdrawal
- Crypto sportsbook
BlockchainCustomer SupportLicences -
- Wager Free Bonus
- Shared House Profits
- Free Faucets
SummaryBetfury provides players with a crypto faucet that can be claimed every 20 minutes. This is instead of a welcome bonus, but can be claimed forever. Betfury accepts 14 major cryptos, and has a wide array of casino games on Betfury’s platform that will surely appeal to gamblers. The casino games include fantastic video slots, table games, live dealer games, dice, and keno. The casino also offers a sportsbook that offers betting options on a wide range of sports and tournaments.
Accepted Currencies- Wager Free Bonus
- Shared House Profits
- Free Faucets
BlockchainCustomer SupportLicences -
- Native tokens
- No wagering on welcome bonuses
- 22 languages
SummaryLucky Block is one of the newest crypto-only casinos in the industry, with a strong following for its token-based casino model and decentralized nature, offering an anonymous gambling experience. This article discusses the current welcome offers on Lucky Block, available cryptocurrencies to deposit, the general gambling experience, and a comparison to other casinos.
Accepted Currencies- Native tokens
- No wagering on welcome bonuses
- 22 languages
BlockchainCustomer Support -
- 24/7 Support
- Large selection of games
- VIP Programme
SummaryBitslot Casino offers 2500+ provably fair crypto casino games, accepts 7 major cryptos, and has excellent customer support. With top-notch security and some interesting promotions, it's bound to become your new favourite crypto casino.
Accepted Currencies- 24/7 Support
- Large selection of games
- VIP Programme
BlockchainCustomer Support -
- Crypto Casino
- NFT Casino
- Outstanding VIP Program
SummaryGambling has become even more fascinating with the entrance of the WAGMI casino. The operator, designed by crypto enthusiasts for crypto lovers, supports a vast selection of popular digital coins and grants customers a layer of anonymity. Through offering frictionless gameplay, incentives, an excellent loyalty program, and its own NFT collection, the 2022 launched operator shines over its rivals. Continue reading to discover all that WAGMI Casino has in store for you.
Accepted Currencies- Crypto Casino
- NFT Casino
- Outstanding VIP Program
BlockchainCustomer SupportLicences -
- Free Faucets
- Anonymous Gambling
- Provably Fair Games
SummaryThere are some nice faucets and casino games to play with Bspin. It’s one of the more well-known crypto casinos out there, giving you the chance to play some of the best and most popular casino games on the market.
Accepted Currencies- Free Faucets
- Anonymous Gambling
- Provably Fair Games
BlockchainCustomer SupportLicences
Best Crypto Netherlands Casinos Reviewed
Did you ever want to know which casinos operate in the Netherlands and find out what the best option is? Check out our detailed casino review to find out how casinos weigh against each other and what’s your best pick:
1. Cloudbet
Cloudbet ranks first in the list of casinos in the Netherlands as it offers players an exciting welcome bonus- one of the highest crypto casinos, has a transparent house edge visible online, and is one of the oldest crypto casinos with a proven gambling license. The casino offers players up to 5 BTC welcome bonuses to keep retention high while also offering additional bonuses such as Tuesday free spins, a VIP club with cashback functions, and tournament giveaways. Funds obtained from the welcome bonus don’t have a wagering requirement which sits well with gamblers. Cloudbet accepts both fiat and cryptocurrency deposits such as BTC, ETH, or LTC, and players can start depositing and withdrawing from 0.001 BTC. Anonymous gambling is not possible since KYC must be completed upon registering at the casino and helps players get access to over 3000 games, including slots, table games like blackjack baccarat, a live casino, and provably fair games with a house edge of 97%. A sportsbook is also present with regular sports and sporting events. Launched in 2013, the casino holds a Curacao gambling license that’s also accepted in the Netherlands as it conveys trust among players. Players can get casino support through its 24/7 live chat, email, and internal FAQ section.
Pros
- Sportsbook
- High deposit bonus
- Lots of crypto deposits
Cons
- KYC required
- Withdrawal limits
Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Cryptocurrencies |
---|---|---|---|
100% up to 5 BTC | No wagering | 0.001 BTC | BTC, ETH, LTC, XRP, DASH, XML, BCH, TRX, BNB, USDC, XMR, DOGE |
2. Bitstarz
Bitstarz comes second in our list of crypto casinos ideal for the Dutch audience since the platform accepts both fiat and crypto payments, does offer a range of provably fair games, and provides a high-quality gaming experience. For the welcome bonus, players can get up to 5 BTC bonuses and 180 free spins that are claimable through 4 total deposits. To be eligible, players have to deposit at least 0.2 mBTC, and there’s a 40x wagering requirement. Booster bonuses are an option on Monday with a 50% add-on and on Wednesday with free spins. The minimum deposit at the casino is 0.002 BTC with no withdrawal limit. The casino accepts fiat and cryptos like BTC, ETH, BCH, ETH, DOGE, or LTC. There are over 3700 games available on the casino, including slots, provably fair games, and a live casino with no sports betting option. The casino was launched in 2014 and holds a Curacao license – resulting in verified gameplay, and players can contact the casino through live chat or email support.
Pros
- Bonus of up to 5 BTC
- Instant withdrawals
- 8000 games
Cons
- Min withdrawal of $20
Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Cryptocurrencies |
---|---|---|---|
5 BTC + 180 Free Spins | 40x | $10 | BTC, ETH, DOGE, LTC, TRX, USDT, XRP, BNB, ADA, BCH, BNB |
3. Metaspins
Metaspins comes third in our list of Netherlands-approved casinos as the platform offers a competitive RTP, accepts only cryptocurrency as payment or casino play, and offers wager-free rakeback of up to 60%. The welcome bonus grants Dutch players 100% of their deposit up to 1 BTC, with a wagering requirement of 25x that’s to be completed within seven days of redeeming the bonus. Other promotions include meme competitions, loyalty point double rank-up speeds, an Aviator gameplay bonus, or price predictions. Metaspins’s VIP program grants players a rakeback of 57% based on their current level. With a novel casino layout and UX, Metaspins has no minimum deposit or withdrawal, accepting nine cryptocurrencies. Additionally, players can purchase crypto with traditional fiat. Over 4000 games are available on the casino, including live casino, slots, jackpots, or provably fair games like Aviator. There’s no sports betting on the casino, and since the platform is licensed in Costa Rica – with a KYC in place, it does offer customer support via email.
Pros
- 60% RTP
- 1 BTC welcome bonus
- Low minimum deposit limit
Cons
- KYC Required
Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Cryptocurrencies |
---|---|---|---|
100% up to 1 BTC | 25x | 0.0001 BTC | BTC, BCH, LTC, ETH, DOGE, USDT, TRX, ADA, USDC |
4. Fortune Jack
Fortune Jack is our fourth pick for gambling in the Netherlands, with a platform with over a decade of experience in providing great games, a rewarding bonus structure, and a range of provably fair games with immediate results. They can brag about their welcome offer as it offers a bonus of up to 6 BTC over four total deposits and 350 free spins with 30x wagering. The first deposit, however, gives a bonus of up to 110% and 250 free spins, or players can opt for a 20% cashback with no wagering. The casino accepts multiple tokens, including BTC, ETH, or TRX, and also offers weekly reload bonuses of 50% up to 3.5 BTC and 100 no-deposit free spins. KYC is required on Fortune Jack, so it’s not possible to gamble anonymously, and there are no transaction fees for any deposit or withdrawal processed by the platform. In addition, the platform hosts over 1500+ games from top-tier providers like Play’n Go and includes games such as a live casino, sports betting with eSports included, slots, provably fair games, and table games. Established in 2014, the Cainso holds a valid gambling license and provides customers support through live chat in more than just English.
Pros
- High welcome bonus
- More cryptocurrencies accepted
- No minimum withdrawal
Cons
- Two languages accepted
- Only 1500 games
Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Cryptocurrencies |
---|---|---|---|
110% up to 1.5 BTC + 250 Free Spins | 30x | $10 | BTC, LTC, DOGE, ETH, ZCASH, TRX, DASH, BCH, XMR |
5. Vave Casino
Vave Casino is a Netherlands-approved casino as the platform allows anonymous gambling since it’s a blockchain casino, offers a welcome bonus for its players, and processes transactions instantly on the blockchain. Regarding the welcome bonus, players get 100% up to 1 BTC for their first deposit and a welcome 100 free spins. Players can opt for the sportsbook section and get one free bet instead of 100 free spins. Other promotions on Vave include a 2nd deposit worth 50% up to 0.5 BTC, and a Thursday reload bonus of 50% up to 150 USDT. The casino has a mixture of sports and casino-focused bonuses with a VIP program, slot races, and a tournament. The wagering requirement ƒor any of the bonuses is 40x – which is high, and users can start depositing using ETH, DOGE, or BTC. The minimum deposit is $20, with no data on what’s the minimum withdrawal. Over 3000 games are available on Vave that range from provably fair games, slots, bonus buys, a live casino, and a sportsbook section with eSports betting. Besides that, Vave allows anonymous deposits and gambling despite the platform holding a Curacao gambling license since no extra verification exists. Regarding support, players are limited to an instant live chat available in 5 languages.
Pros
- Anonymous gambling
- No KYC
- Sportsbook
Cons
- 3 day withdrawals
- No info on minimum withdrawals
Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Cryptocurrencies |
---|---|---|---|
100% up to 1 BTC + 100 Free Spins | 40x | $20 | BTC, BCH, USDT, ETH, DOGE, LTC, TRX, XRP |
6. Betfury
For Netherlands casino enthusiasts, Betfury is an all-encompassing ecosystem that offers various benefits, including provably fair games and a free faucet that can help increase one’s bankroll. Registered players are provided a warm welcome that includes 1000 free spins and up to $3,500 with a 35x wagering requirement distributed over three deposits. The welcome package’s highest tier has a minimum deposit requirement of $500, and additional promotions such as battle buys, random slot giveaways, and Twitter promotions can be redeemed anytime. In addition, Betfury’s VIP section grants players exclusive promotions, and they can get up to 25% cashback for their commitments. Furthermore, a free faucet is enabled for players to get additional bankroll boosts. Depositing funds is easy with options like ETH, BTC, or USDC, with a minimum deposit of 0.00015 BTC. Betfury offers an extensive selection of games, including slots and provably fair games, and live casino games like blackjack and roulette. Betfury’s sportsbook section also includes eSports and various sports events. Since its launch in 2019, Betfury has over 1000 games on deck and earned an excellent online reputation despite holding a Curacao gambling license. A KYC process is implemented for withdrawals over $2,000. As such, it does help as it offers players support in 8 languages and access to the casino’s support team through social media and a 24/7 live chat.
Pros
- Casino faucet
- Operated since 2019
- Lage token selection
Cons
- Weak game selection
- KYC required
Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Cryptocurrencies |
---|---|---|---|
1000 Free Spins + $3500 | 35x | 0.00015 BTC | BTC, ENJ, USDC, LTC, DOGE, BCH, OX, USDT, LINK, BNB, BTT |
7. Lucky Block
Lucky Block is an approved casino in the Netherlands. The platform features a native utility token and offers anonymous gambling as a decentralized casino while also including a range of promotions to sweeten the deal. The welcome offer provided by Lucky Block offers a 200% bonus up to $10,000 and 50 Free Spins with a minimum deposit of $20 with no wagering. The wagering works with releasing 10% of the bonus once 6x is rolled over and has to be completed within 14 days. Other promotions on Lucky Block include a reload bonus and free spins on the game of the week. In terms of deposits, players have ten cryptocurrency deposit options, with a minimum deposit of 0.0001 BTC and withdrawals starting at 0.0002 BTC with max withdrawals at $5,000 per day. The casino offers game slots, a live casino with roulette, blackjack game shows or baccarat, and some provably fair games. In addition, a sportsbook is available with traditional sports and sports betting options. The casino is pursuing a casino license in Curacao and has some verification in place, which means that it’s not entirely possible to gamble anonymously on Lucky Blocks; however, the casino launched in 2022, offers responsible gambling, no 2FA for security, and provides 24/7 live chat support for its players.
Pros
- Utility token
- No wagering on welcome bonuses
- Supports 22 languages
Cons
- Weak bonus selection
- Weak game selection
Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Currencies |
---|---|---|---|
200% up to $10,000 | 35x | 0.0001 BTC | BTC, ETH, BCH, XRP, DOGE, LTC, USDT, TRX, ADA |
8. Bitslot
Bitslot has earned the seventh spot on our list of the top casinos in the Netherlands with the addition of popular cryptocurrency games that are provably fair and an enticing bonus structure for new players that get a bank for their bankroll through the use of bonus codes. As such, players can get access to a large welcome bonus that grants users up to 5 BTC and 200 Free Spins that are spread over four deposits and require active implementation of bonus codes. Players must add 1DEP, 2DEP, 3DEP, and 4DEP to redeem the bonuses. In addition, a VIP program is in place, providing players with a 25% cashback and game tournaments, with a requirement of wagering the amount 35x. When deposing and withdrawing, players face no issues as the casino supports multiple withdrawals and deposits using tokens such as BTC, ETH, or XRP. There’s a minimum deposit of 0.0001 BTC and a minimum withdrawal of 0.0002 BTC that’s instant. The casino boasts over 2500 games, including slots, table games, jackpots, live casino games, provably fair games, and jackpot or bonus buys. Despite its offshore gambling license, which may be considered weak, the casino offers anonymous gambling without requiring KYC. Support is available via live chat, email, and form submission.
Pros
- Anonymous gambling
- 24 hour withdrawals
Cons
- No e-wallet payments
Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Currencies |
---|---|---|---|
Up to 5 BTC + 200 Free Spins | 35x | 0.0001 BTC | BTC, BCH, ETH, LTC, DOGE, USDT, XRP |
9. Wagmi Casino
Wagmi is a DEGEN crypto casino that’s accessible in the Netherlands as it focuses on Bitcoin gambling with a high welcome package, NFT casino utilities, and the ability to gamble anonymously in the Netherlands. The casino offers a welcome package of 100% up to $30,000 over four total deposits with a requirement of a minimum $30 deposit. However, the first deposit gives players 100% up to $10,000, which has the be wagered by 40x. Alternatively, players can opt for a 15% cashback every seven days and 140 free spins with zero wagering on the cashback. Other promotions on the casino include Free Spins on Friday NFT boosts with $500 bonuses for owning the WAGMI token and weekly reload bonuses for life. There’s a minimum deposit of 0.0001 BTC and a minimum withdrawal of 0.0002 BTC, with the ability to deposit using BTC, ADA, or DOGE. Since there’s no KYC, it’s possible to gamble anonymously on the WAGMI casino with access to table games, provably fair games, and live slots, and access cash pot prizes or join the VIP program. The casino can request additional verification, and there’s a 24/7 live chat accessible to everyone!
Pros
- 6000 Games
- Crypto only Casino
- 24/7 support
Cons
- Verification Required
Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Currencies |
---|---|---|---|
100% up to $30,000 | N/A | 0.0001 BTC | BTC, ETH, LTC, DOGE, TRX, XRP, ADA |
10. BSpin
Bspin rounds out our list of top Netherlands casinos, offering weekly rewards, anonymous gambling, and credibility as a BTC-only casino. The casino welcomes new players with a package of 100% up to 3 BTC and 60 free spins. Reload bonuses of 50% and 75%, along with cashback and game bonuses, are also up for grabs. Deposits and withdrawals start at 0.0001 BTC, and they are processed instantly. Additionally, players can only deposit BTC on-chain, with Bspin providing access to a broad range of games, including slots, jackpots, table games, live casinos, sportsbooks, and provably fair games. With no KYC requirements, players can gamble anonymously. In addition, the casino holds a valid gambling license in Costa Rica, signifying its credibility. Established in 2017, Bspin has largely flown under the radar with limited support options, which include email and form submission to contact customer support. However, the casino continues to build its reputation as a trusted BTC-only platform among crypto casino enthusiasts.
Pros
- Free Faucets
- Anonymous gambling
- Reload bonuses
Cons
- 700 games
- No live chat
- Only BTC
Crypto Bonus | Wagering Requirement | Minimum Deposit | Available Currencies |
---|---|---|---|
Up to 3 BTC + 60 Free Spins | 35x | 0.0001 BTC | BTC |
The Evolution of Crypto Casinos in the Netherlands
Online casinos in the Netherlands operated traditionally, using fiat currency as their primary payment method. But as the popularity of cryptocurrencies grew, many Dutch online casinos began to adopt cryptocurrencies such as Bitcoin, Ethereum, and Litecoin for transactions.
This shift towards crypto casinos reflects a broader trend in the online gambling industry, as more and more players seek the anonymity and security of cryptocurrencies. Using cryptocurrencies also allows Dutch online casinos to offer faster and cheaper transactions without intermediaries such as banks or payment processors. This benefits the players and the casinos themselves, reducing operational costs and increasing competitiveness.
The Legal Framework
The legal status of cryptocurrencies in the Netherlands has yet to be fully defined. While cryptocurrencies are not considered legal tender, they are not illegal either. The Dutch government has taken a generally favorable stance towards cryptocurrencies, with the Dutch Central Bank regulating virtual currency exchanges and crypto wallets. However, some ambiguous legal areas remain, especially regarding taxation and anti-money laundering regulations.
Regarding gambling, the Dutch government has a monopoly on offering land-based casino games. However, online gambling is not yet fully regulated in the Netherlands, with only a limited number of licenses available to operators. Off-shore licensed casinos are partly available in the Netherlands, but players gamble at their own risk. Either way, the Netherlands has a strict grip on what online crypto casinos can operate.
The Government Body that Oversees Gambling
In the Netherlands, the government body responsible for overseeing gambling is the Dutch Gaming Authority (Kansspelautoriteit in Dutch), also known as KSA. The KSA is an independent regulatory authority established in 2012 to ensure that gambling in the Netherlands is safe, reliable, and fair.
The KSA is responsible for issuing licenses to land-based and online gambling operators and enforcing the rules and regulations of the industry. The KSA also works to prevent illegal gambling, protect consumers from gambling-related harm, such as addiction and fraud, and works closely with governmental institutions to ensure that gambling in the Netherlands is conducted safely and responsibly.
The Dutch Casino Licence
In the Netherlands, land-based casinos must obtain a casino license from the Dutch Gaming Authority (KSA) to operate legally. The casino license covers various aspects of casino operations, such as the types of games that can be offered, the size and layout of the casino, and the measures taken to prevent gambling addiction. In addition, the KSA has strict requirements for obtaining a casino license, which includes passing a background check, providing detailed financial statements and business plans, and demonstrating compliance with all relevant regulations and laws. Overall, the Dutch casino license is an essential requirement for any company looking to operate a land-based casino in the Netherlands and is crucial for ensuring that the industry operates safely and responsibly.
The Latest Regulations
Online gambling is highly regulated for a few games, such as the state lottery and horse race betting. However, the new gambling legislation that came into effect in 2021 – the KOA Act changed the online gambling landscape, along with the regulations about crypto gambling, which was implemented to protect gamblers by restricting casinos with loose licenses from operating in the country. Here’s the landscape changed for a few game types.
Poker
Poker is considered a game of skill in the Netherlands, and as such, it is allowed in both land-based and online casinos. However, the Dutch Gaming Authority must license online poker rooms to operate legally.
Horse and Sports Betting
Horse and sports betting are permitted in the Netherlands, and online betting operators must obtain a license from the Dutch Gaming Authority. Further regulations are in place, such as staking limitations on bets.
Casino Games
The new gambling legislation will permit licensed operators to offer online casino games, including live dealer games and slot machines. However, only a single casino – Holland Casino- can offer casino games on its premise.
Slot Machines
Slot machines are currently only available in land-based casinos in the Netherlands, and operators must obtain a casino license from the Dutch Gaming Authority to offer them.
State Lottery
The Dutch state lottery is legal and regulated by the Dutch Gaming Authority; the regulator offers a limited exclusive license to allow such games to take place.
Lotto
Lotto games can be offered in the Netherlands with a cap on the number of games provided to individual players.
Payment Options
The new gambling legislation has a strict grip on payment processing; however, depositing using cryptocurrencies is partly allowed, but there are some limitations to how players can withdraw their winning in the Netherlands.
Age Restrictions
The minimum age for gambling in the Netherlands is 18 years old. Therefore, operators must take reasonable steps to verify the age of players and prevent access by underage individuals.
Casino Advertising
Casino advertising is allowed, but operators must ensure that their ads have models over the age of 25, affect vulnerable individuals, and don’t air during daytime television hours.
Horse betting
Betting on physical horse races is allowed in the Netherlands as only one company has the right to offer such betting options for gamblers. However Dutch horse betting operators can’t offer bets on local races and have imposed some limitations on how much bettors can wager a horse. Crypto casinos give more options for gamblers to bet on virtual events and land-based casinos also have virtual horse races.
Gaming Tax
Players have to pay a gambling tax of 29% on their winnings; however, only wins over $449 are subject to that taxation.
Choosing a Reputable Dutch Crypto Casino
If you want to gamble in Holland using cryptocurrencies, you can access some online crypto casinos, and it’s essential to know how to spot the best ones. VPN is a trusted way of accessing almost, if not all, cryptocurrency casinos with restrictions in Holland. While we don’t recommend this, it’s worth knowing it is an option.
When scanning for the ideal casino, always look at whether the casino has any form of licensing – by checking the validity of the license and seeing how well the casino is protected- if it has 2FA, if there are reports about security breaches, or how they protect user’s deposits. Another important factor that relies on security is how quickly you can access customer support, especially when you face a financial issue, and whether you can discuss such issues with the agent in Dutch. Finally, you’ll want to pick a casino with most games – including those that could be restricted in your location to prevent signing up for multiple options.
Benefits and Risks of Using Digital Currencies for Online Gambling if you are from the Netherlands
Using digital currencies for online gambling in the Netherlands presents benefits and risks. Using crypto is much faster and has no transaction fees – which helps players add more to their bankroll. In addition, cryptocurrency gives players instant access to their winnings, while traditional payments request verification and take longer to approve.
A key selling point for digital currencies is that both deposits and withdrawals can be anonymous, helping keep gambling activity private and keeping personal information confidential, significantly reducing the possibility of identity theft and fraud. When using Euros, national banks like Rabobank or ING would show that players have purchased crypto leading to governmental agencies being able to track one’s activity online.
Taxes for Crypto Gambling Winnings
It is important to note that taxation on gambling winnings varies depending on the individual's income level and tax bracket. Generally, any winnings of €45 or more must be declared when filing taxes in the Netherlands.However, gambling winnings are not subject to income tax if they do not exceed €454 per year. Winnings of up to €454 may be exempt from taxation, but if the total exceeds this amount, you should consult a professional financial advisor. For specific tax advice related to crypto gambling winnings in the Netherlands, it is advisable to consult with a professional tax advisor.
The Future Of Crypto Casinos in the Netherlands
As long as cryptocurrencies are not regulated fully and not considered legal tender, we can only expect a little development in regulating crypto casinos since they go against the KOA Act recently created and launched in the Netherlands. Still, I believe that as an expert in crypto gambling, the Netherlands will continue its hard stance on the matter and only allow cryptocurrency betting within the limits of its approval. With that, we could see a partial warming up towards crypto as long as the Dutch government can track activities done with crypto.
Expert Conclusion
Crypto gambling and gambling on online platforms in the Netherlands can be difficult since the country has taken an aggressive stance towards anonymous and untacking gambling. Still, it’s possible to wager and play provably fair games and bet on sports in off-shore casinos. You can check your carefully curated list of casinos that can be accessed from the Netherlands using cryptocurrencies.
FAQ
Yes, Bitcoin is legal and commonly used in the Netherlands. It is not recognized as a legal tender, but it is considered a commodity subject to taxation.
Yes, online casino games are legal in the Netherlands, but only if the casino has a valid license from the Dutch Gaming Authority.
Yes, any profits from buying and selling Bitcoin are subject to capital gains taxes in the Netherlands. The tax rate varies depending on the amount of profit earned.
No, crypto is not tax-free in the Netherlands. As mentioned above, profits made from crypto trading are subject to capital gains taxes.
Bitcoin can be bought on various cryptocurrency exchanges, both centralized and decentralized. Some popular exchanges include Coinbase or the local Bitonic.
No capital gains tax on crypto exists if users hold less than $50,000 in tokens.