Crypto Casinos in Denmark — Definitive Guide (2025)

Quick summary: Denmark has a heavily regulated gambling market. Operators with Danish licenses have to comply with very strict rules concerning licensing, AML/KYC, and tax, and (importantly) the Danish Payments Act does not consider unregulated cryptocurrencies as accepted payment instruments for licensed operators, thus most of the so-called "crypto casinos" that offer you the possibility to deposit/withdraw in Bitcoin, USDT, etc., are working offshore and are not licensed in Denmark. That makes a big difference in terms of player protection, dispute resolution, and taxation.

You might be interested to know how crypto casinos work for the Danish players, legal and tax consequences, popular games and promotions, withdrawal expectations, and a little about three real-world casino examples from your list (SpinBetter, Tsars, TonyBet) — plus what you might use for an SEO title/description and an FAQ on a page.

1. Legal and regulatory essentials for Danish players

• The regulator: The Danish Gambling Authority (Spillemyndigheden) grants licenses and supervises the regulations for online casino and betting services for Danish customers. If an operator is not listed by the Authority, it means the operator is not allowed to market online gambling to the Danes. In any case, always check the licenced player list of Spillemyndigheden before you start playing.
• Crypto as payment in the regulated market: The Payments Act and the gaming laws in Denmark essentially mean that licensed online casinos in Denmark do not take unregulated cryptocurrencies (e.g., Bitcoin) as a payment method. Accordingly, the crypto casinos which accept Danish players are usually either non-licensed or are operating in jurisdictions other than Denmark. This increases the risks (dispute routes not available in Denmark, possible short-term blocked access).
• Blocking & enforcement: The Danish regulator and courts are on the lookout for illegal/unlicensed sites and keep blocking them. Among the recent enforcement actions, many illegal gambling domains have been ordered blocked.
• Taxation of winnings & crypto: Generally, a player’s winnings from licensed gambling activities are free of taxes; however, those obtained from non-licensed gambling can be taxed as personal income. Besides this, cryptocurrencies are also subject to taxation in Denmark when they are sold at a profit giving a capital gain - so the winning crypto scenario can become a taxable event.

2. What “crypto casino” usually means (for Danish players)

• Deposit/withdraw in crypto: The casino allows payments in BTC, ETH, USDT, etc.
• Faster settlements: Especially withdrawals compared to traditional rails.
• Provably fair & blockchain games: Some offer cryptographically verifiable results.
• Offshore operations: Most of the crypto casinos are licensed in a non-Danish jurisdiction because Danish-licensed operators rarely provide crypto-based products.

3. Common games at crypto casinos

• Slots: Regular RNG slots and crypto-only provably-fair slots.
• Live casino: Blackjack, roulette, baccarat with real dealers.
• Table games: The adaptations of these 4 classics (blackjack, roulette, craps, baccarat) are based on RNG.
• Provably-fair games: Dice, crash, plinko.
• Instant games / arcade: Scratch and micro games.
• Sports betting: Many crypto casinos integrate sportsbooks.

4. Withdrawal speeds & mechanics

• Crypto withdrawals: Usually, within minutes to a few hours once the transaction is processed. There are many operators who process it in less than 24 hours.
• Fiat withdrawals: Are slower (1–7 business days).
• Verification / KYC: Large withdrawals trigger ID checks.
• Fees & limits: When a blockchain transaction is conducted, the user has to pay network fees but at the same time, the min/max withdrawal limits are set by casinos.
• Red flags: You can find these in the delays, forced conversions to proprietary tokens, or strange transaction proof requests.

5. Bonuses when paying with crypto

Common crypto-centric perks:

• Crypto welcome bonus: for example, 100% up to 0.05 BTC.
• Free spins for crypto deposits.
• Lower wagering requirements (at times).
• Cashback / reloads.
• Payment method bonuses.

Beware of: wagering requirements, game restrictions, expiry dates, max bet rules, conversion caps.

6. Examples of crypto casinos (from your list)

SpinBetter

• Hybrid sportsbook + casino with crypto deposits.
• We can easily find several references to this platform coming from the promo codes, welcome packs and free spins.
• Most of the reviews speak about fast withdrawals and VIP offers.

Tsars

• Captures multiple welcome bonuses and free spins with various deposits.
• The operator is known for supporting crypto payments and offering fast withdrawals.
• Huge collection of slots and live dealer tables.

TonyBet

• An already established sportsbook & casino.
• Documentation states withdrawals in under 24 hours once processed; crypto is offered in some markets only.
• Very few EU-licensed operators, which you know are more reliable than the unlicensed ones.

7. Safety checklist for Danish players

1. Licence check — is it on Spillemyndigheden’s list?
2. KYC & AML policies — does the site verify responsibly?
3. Bonus terms — understand the wagering rules you have to comply with.
4. Withdrawal policy & fees — confirm min/max and processing times.
5. Reputation — read recent reviews.
6. Responsible gambling tools — deposit limits, self-exclusion, etc.

8. Practical tips

• Materialize your gambling funds in a separate wallet.
• Keep all transaction records for taxes purposes.
• Try out with small deposits at first.
• Do not use sites that only allow you to convert to proprietary tokens.
• If consumer protection is what you care about, choose licensed operators (most probably fiat only).

Comparison: Crypto Casinos vs PayPal Casinos in Denmark

Key Takeaway

• Crypto casinos: quicker withdrawals, distinctive games, larger bonuses — but they are off-shore, are legally riskier, and you might have to pay taxes on your winnings.
• PayPal casinos: slower withdrawals, fewer promotions like those in the crypto world — but they are legal, your winnings are tax-free, and you enjoy full consumer protection in Denmark.