Before you make your first deposit, check which cryptocurrencies and chains the casino supports by default. Choosing the right one will simplify your payment and reduce fees.
The most used cryptocurrencies in casinos
At the LibraBet online casino you’ll find a wide selection of cryptocurrencies for making your deposits and withdrawals
This article compares the main tokens and the chains they commonly run on in casinos, including practical notes on speed and fees. You’ll learn why USDT is offered on multiple chains, how to tell addresses apart, and when a destination tag is required. The goal is to make sure you always click the right option at the cashier.
Popular payment methods
The difference between currency and chain
Before you click „Send“ in your wallet, you need to understand two things: what you’re sending and how you’re sending it. This is where beginners make mistakes most often, yet a few simple rules are enough.
- Currency (token / coin) is the asset itself: for example USDT, BTC, ETH.
- Chain (network) is the “road” your payment travels on: TRC20 (TRON), ERC20 (Ethereum), BEP20 (BNB Smart Chain), etc.
The same currency can exist on multiple chains (e.g., USDT-TRC20 / USDT-ERC20). These variants are not interchangeable. The address format, fees, and speed differ. In some cases the address can look the same (EVM chains), but even then it’s essential to match the currency/chain combo the casino generated your deposit address for. Otherwise you can lose your entire deposit.
Basic rule: the currency and chain in your wallet must exactly match what’s shown at the casino/exchange cashier.
Native token vs. tokens on chains
Before you start depositing, it helps to distinguish what the chain’s „native“ currency is and what a token is that simply runs on that chain. This tells you precisely what pays the fees (gas) and why casinos list multiple variants for one currency.
Native token (native coin)
The base currency of a given chain. It’s used to pay fees and powers all transactions on the network.
Examples: BTC on Bitcoin, ETH on Ethereum, BNB on BNB Smart Chain, TRX on TRON, SOL on Solana, ADA on Cardano, LTC on Litecoin, XRP on the XRP Ledger.
If you send any token on that chain, you need some „change“ in the native currency to cover gas (e.g., on Ethereum you need a bit of ETH even when sending USDT-ERC20).
Tokens on chains (contract tokens)
They’re created as “apps” on an existing chain (typically under ERC-20 / BEP-20 / TRC-20 standards, etc.). Often these are stablecoins (USDT, USDC), gaming tokens, or other assets.
Example: USDT-TRC20 (TRON), USDT-ERC20 (Ethereum), USDT-BEP20 (BNB). It’s always the same USDT token, just on a different chain—so it has a different address format, different fees, and different speed.
Some tokens exist in a „wrapped“ form (e.g., wBTC on Ethereum) so they can be used outside their original chain.
What this means for a casino deposit
- At the cashier, always choose the currency + specific chain (e.g., USDT → TRC20).
- Keep a small reserve of the chain’s native currency for fees (for TRC20 → TRX).
- The same token on a different chain is not compatible with the address shown by the casino.
Bridge (cross-chain) in a nutshell
You may come across the term bridge. It’s a service that allows you to move tokens between chains (e.g., from USDT-ERC20 to USDT-TRC20). It’s useful if your token is on the “wrong” chain compared to what the cashier requires.
Common ways to do it:
- via a centralized exchange (CEX) – deposit the token on one chain and withdraw it on another;
- via decentralized bridge services – the swap happens directly between chains without an exchange.
Best online casinos
 |
LibraBet casinoWelcome bonus: 100% bonus up to €500 + 200 FS Language: 🇬🇧 |
|
 |
MostBet casinoWelcome bonus: 125% welcome bonus + 250 FS Language: 🇬🇧 |
|
 |
22BET casinoWelcome package: 200% up to €1,500 + 150 FS Language: 🇬🇧 |
|
 |
SGcasinoWelcome bonus: 100% bonus up to €800 + 250 FS Language: 🇬🇧 |
|
 |
Sportuna casinoWelcome package: 225% up to €3,000 + 250 FS Language: 🇬🇧 |
Most common cryptocurrencies in casinos
Most online casinos and sportsbooks today offer a crypto selection that covers the needs of the vast majority of players: USDT/USDC as a stable choice, BTC and ETH as the best-known currencies, plus LTC, BCH, DOGE for low-cost transfers and XRP, ADA, SOL for quick confirmations. The options differ by chain, fees, and time to credit. The profiles below summarize when each currency makes practical sense.
BTC (Bitcoin)
The granddaddy of crypto and an almost universally supported choice. Deposits usually happen on-chain on the Bitcoin network, where confirmations take longer and fees fluctuate based on congestion. You may see addresses like bc1… / 3… / 1…. Some platforms support Lightning, but it’s still a minority. BTC makes sense if you already hold it, your brand offers nothing else, or you prefer “pure” Bitcoin. Just keep in mind that transaction speed and cost can vary.
ETH (Ethereum)
The second-best-known cryptocurrency and a base for lots of tokens. Deposits are on the ERC-20 chain and the fee (gas) is paid in ETH. Confirmations are usually quick, but at peak times transactions can be delayed and more expensive. Addresses use the 0x… format. Ethereum is practical when you already work with it (e.g., you’re also moving other ERC-20 tokens) and don’t mind that fees are often higher than on cheaper chains.
USDT (Tether)
The most widespread stablecoin at online casinos, which keeps a value of approximately 1 USDT ≈ 1 USD. It’s commonly offered on multiple chains: TRC-20 (TRON) with low fees and fast confirmations, BEP-20 (BNB Smart Chain) also with low costs, and ERC-20 (Ethereum), where gas is pricier. The currency × chain must always match: send USDT-TRC20 to T… addresses, USDT-ERC20/-BEP20 to 0x…. USDT is ideal if you want a stable balance and quick crediting without exchange-rate swings.
USDC (USD Coin)
Another widely used stablecoin pegged to USD. In i-gaming it’s often offered as USDC-ERC20, with some brands adding other chains (e.g., BNB, and at selected brands Solana). As with USDT, you must choose the correct chain and have gas in the chain’s native currency. USDC is a convenient option for those who want stability and prefer the Ethereum ecosystem.
LTC (Litecoin)
A “lighter” Bitcoin variant with roughly 2,5min blocks and long-term low fees. Addresses can start ltc1… / M… / L…. In practice it’s a reliable choice when you want a faster and cheaper on-chain transfer with a BTC-like experience. It’s often among the cheapest options for small to mid-size amounts.
XRP (Ripple)
Known for fast and inexpensive transfers on the XRP Ledger. Addresses typically start with r… and a mandatory „destination tag“ adds a short identifier so the platform can assign the payment correctly. Without the tag, the deposit may not be credited. XRP is suitable when you want a combination of speed and low cost.
BCH (Bitcoin Cash)
A Bitcoin fork with bigger blocks and lower fees. Addresses use the CashAddr format (e.g., q…). Confirmations are typically faster in practice than on BTC and the costs lower, making it a good pick for cheaper on-chain transfers where the platform offers BCH. If you want a “Bitcoin-like” experience while saving on fees, BCH is a reasonable choice.
DOGE (Dogecoin)
Originally a meme coin, today a stable “cheap and fast” option with 1min blocks and low fees. Addresses usually begin with D…. Some platforms may require more confirmations than for LTC/XRP. DOGE suits you if you want an inexpensive transfer and your brand widely supports it. Do note it’s not a stablecoin (the value fluctuates).
ADA (Cardano)
The native currency of the Cardano chain with low fees and a specific address format (addr1…). Confirmations are fast and transactions reliable, just keep in mind that Cardano wallets differ from the “Ethereum style” (ERC-20). ADA makes sense if you already use it, want low costs, and your brand supports Cardano.
SOL (Solana)
The currency of the fast Solana chain with very low fees and quick finality. Addresses are longer Base58 strings. Some platforms support deposits in SOL, others on Solana prefer tokens (e.g., USDC on SPL). SOL is an excellent choice for the fastest possible crediting at a fraction of a cent, provided your platform lists it at the cashier.
How to choose the right option for your brand
First, check what your brand actually supports. The list of currencies and chains at the cashier often decides for you. If you want a stable value and fast crediting, the most practical is usually USDT or USDC on TRC-20/BEP-20. If you prefer “pure” crypto and don’t mind price volatility, go for BTC/ETH/LTC. Also consider costs and speed. ERC-20 is universal, but fees can be higher. TRC-20, BEP-20, or Solana are cheap and fast.
Also check minimums and withdrawal limits. Some brands have different thresholds for different chains and require the same method for withdrawals as the one used for the deposit.
Most common mistakes and how to avoid them
The biggest issues come from mixing up chains (e.g., USDT-TRC20 sent to an ERC-20 address) and missing „destination tag/memo“ with XRP/XLM. Always check that currency × chain × address match and that you filled in all required identifiers. Other pitfalls include typos in the address and insufficient gas. Never retype the address manually and make sure you have a small amount of the native currency for the fee before sending.
Watch out for time-limited deposit addresses (some systems may change them after a while) and for the brand’s internal rules. Crediting may wait for the required number of confirmations or a short review. In short: follow the cashier’s instructions, copy the address, send a small amount first, track the TX ID in an explorer, and for specific currencies (XRP, etc.) don’t forget the tag/memo. This eliminates the vast majority of mistakes that would otherwise lead to delays or irreversible loss of funds.
Frequently asked questions
Don’t miss:
Kristyna Baranova
Discussion, comments and your experiences
Share your opinion, ask a question, or offer advice to others in the moderated discussion. Editors also participate, but they respond based on their current availability. If you expect a direct response, we recommend using email communication instead.