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Fact-checked by A crypto casino lets you deposit and withdraw in cryptocurrency instead of ringgit. All 10 casinos we compare list USDT, a stablecoin that tracks the US dollar. Only BK8 names the network it uses: ERC-20 (checked 5 Nov 2026).
Crypto isn’t legal tender in Malaysia, and Bank Negara Malaysia doesn’t regulate it as a way to pay. Before you send a single coin, check three things: the network, the price risk and the casino’s licence.
How a crypto deposit works
- The casino’s cashier shows you a wallet address and, ideally, the network to use.
- You send USDT or another coin from your own wallet or exchange account to that address, on that network.
- When the transfer arrives, the casino credits your account.
Stated speeds are the casinos’ own claims, not timings we measured. BK8 says USDT deposits take up to 3 minutes, and Bitcoin or Ether (ETH) up to 15. 96M estimates 2 to 10 minutes for USDT, and 1xBet says crypto deposits are instant.
Withdrawals go the other way, to a wallet address you give the casino. BK8 says USDT withdrawals take up to 3 minutes and 1xBet says crypto takes 15 minutes. The other eight state no crypto withdrawal time.
me88, GOD55 and Maxim88 say withdrawals are paid in the currency you deposited. Their terms, as we recorded them, don’t say how that works for crypto, so ask before you deposit.
What USDT is, and why the network matters
Tether, which issues USDT, says its tokens are “pegged at 1-to-1 with a matching fiat currency” and backed by its reserves. That’s Tether’s own claim. USDT also tracks the US dollar, not the ringgit, so its value in ringgit moves with the exchange rate.
USDT runs on many blockchains. Tether’s list of supported networks includes Ethereum (ERC-20), Tron (TRC-20), Solana and more, and the address you send to must support the one you pick.
Get that wrong and the money can vanish. Luno’s help centre warns that funds “may be permanently lost if USDT is sent using an unsupported network”.
Your own wallet or exchange limits you too. Luno, for example, supports USDT on Ethereum (ERC-20) and Tron (TRC-20). If the casino’s address is on another network, the two don’t match.
That’s why the network matters more than the coin. Only BK8 of the 10 casinos names its USDT network. At the other nine, ask support in writing which network to use, and keep the reply.
A stablecoin removes most of the price swing, not the other risks. A wrong address, a wrong network or a casino that doesn’t pay can still cost you everything you sent.
Crypto at the 10 casinos we compare
Every casino here lists USDT, but what each one tells you about networks, other coins and speeds varies a lot.
| Casino | Bijak Score | USDT | Network named | Other crypto shown | Stated crypto speed |
|---|---|---|---|---|---|
| BK8 | 7.2 | Yes | ERC-20 | Bitcoin, Ether | USDT up to 3 min; Bitcoin and Ether up to 15 min, both ways |
| me88 | 6.9 | Yes | Not stated | Not stated | Not stated for crypto |
| GOD55 | 5.9 | Yes | Not stated | Bitcoin and Ethereum logos | Not stated |
| 1xBet | 5.0, Red flag | Yes | Not stated | Over 30 cryptocurrencies in the cashier | Deposits instant; withdrawals 15 min |
| We1Win | 5.0, Red flag | Yes | Not stated | Not stated | Not stated; USDT deposits RM100 to RM100,000 |
| 96M | 5.0, Red flag | Yes | Not stated | Not stated | USDT deposits an estimated 2 to 10 min |
| UWIN33 | 4.9, Red flag | Yes | Not stated | Bitcoin and Ether logos | Not stated |
| 12Play | 4.0, Red flag | Yes | Not stated | Bitcoin, Ether and Binance logos | Not stated for crypto |
| Maxim88 | 3.7, Red flag | Yes | Not stated | Not stated | Not stated for crypto |
| Winbox | 3.6, Red flag | Yes (Tether logo) | Not stated | Not stated | Not stated |
Casinos are in Bijak Score order, as checked on 5 Nov 2026 (1xBet: 2 Nov 2026). A logo means the coin’s logo appears on the casino’s site; it doesn’t confirm that the coin works in the cashier.
BK8, me88 and GOD55 advertise crypto deposit extras whose turnover isn’t in the terms we recorded. Read each casino’s terms and multiply the turnover out before you opt in, as our bonus page shows.
UWIN33 also says you must withdraw by the same method as your latest deposit. Check rules like this before you choose how to pay in.
What Malaysian regulators say
Crypto isn’t money in Malaysian law. Bank Negara Malaysia said in January 2014 that Bitcoin “is not recognised as legal tender in Malaysia”, and that it does not regulate Bitcoin’s operations. It advised the public “to be cautious of the risks associated with the usage of such digital currency”.
A joint statement by Bank Negara and the Securities Commission (SC) in December 2020 went further. It said digital assets “are not a payment instrument that is regulated by BNM”. It also said cryptocurrencies face limits “including price volatility and vulnerability to cyber threats”.
The SC says “the trading, issuance and safekeeping of Digital Assets in Malaysia are regulated by the Securities Commission”. It does this under a 2019 order that prescribes digital currencies and digital tokens as securities.
The SC keeps a list of registered digital asset exchanges, with five operators at its 20 Jul 2026 update. It encourages the public to check the list before dealing with any exchange.
It has acted against platforms that weren’t on it. In July 2021 it publicly reprimanded Binance and ordered it to disable its website and apps in Malaysia. It told Binance users to stop trading and withdraw their money.
In December 2024 it reprimanded Bybit for running an exchange in Malaysia without registration. It told investors to deal only with operators registered with the SC.
The SC also issued a caution in 2019 about unauthorised coin offerings and exchanges. It said the involvement of unauthorised individuals “heightens the risk and exposure to fraud, money laundering and terrorism financing”. The same caution is worth applying to any platform that holds your coins.
None of this covers gambling, which is a separate question. Read our guide to the law before you deposit by any method.
Practical tips
- Match the network. Send only on the network the casino names. If it names none, get the answer from support in writing first.
- Mind the minimum. We1Win’s USDT deposits start at RM100. If you send a small first transfer to test the route, keep it above the casino’s minimum.
- Keep records. Save the transaction ID (hash), the address and a screenshot of the cashier for every transfer.
- Use the cashier’s address only. Never send crypto to a wallet address that an agent or “support” account gives you in a chat.
- Expect ID checks. Six of the 10 casinos we compare say they may ask for photo ID or other documents before they pay out.
- Watch the price. Bitcoin and Ether can move between your deposit and your withdrawal, and even USDT moves against the ringgit.
- Use a registered exchange. If you buy or sell crypto, check the SC’s register first.
- Check the licence. Seven of the 10 casinos carry a Red flag because their licence can’t be checked on a public register. Paying in crypto doesn’t change that; see our full ranking and payments guide.
Casino games are built so the house wins over time. Expect to lose more than you win.