11 of the 13 casinos we review take Bitcoin or other coins. Here they are side by side: the welcome offer, the wagering, the coins, and how long a crypto withdrawal actually took when we tried it with our own money.
By Sigríður Björnsdóttir · Updated 1 November 2026 · Prefer Icelandic? Crypto spilavíti á íslensku
Ranked by our overall score, not by bonus size or commission.
Casino package up to 240,000 ISK + 150 free spins
1x_6038509Enter the code in the “Promo code” field when you register.
18+. Terms apply. We earn a commission if you sign up. Full review (Icelandic)
100% up to $500 + daily free spins
18+. Terms apply. We earn a commission if you sign up. Full review (Icelandic)
100% up to €100 + 300 free spins
18+. Terms apply. Betsson pays us nothing. Full review (Icelandic)
"Not stated" means the casino's terms, as we read them, give no figure. It does not mean there is no requirement.
| Casino | Coins | Welcome offer | Wagering | Measured withdrawal |
|---|---|---|---|---|
| 1xBet | Bitcoin, Ethereum, USDT | Casino package up to 240,000 ISK + 150 free spins | Not confirmed | 27 min by Visa (October 2026) |
| Hype.bet | Bitcoin, Ethereum, Litecoin, USDT, Dogecoin, USDC, Solana, Cardano, XRP | 100% up to $500 + daily free spins | 30×, bonus expires after 60 days | 5 min by USDT (date not recorded) |
| Betsson | Bitcoin | 100% up to €100 + 300 free spins | 35× | 6 hr (August 2026) |
| Coolbet | Bitcoin, Solana, USDC | 100% up to €300 + 100 free spins | 35× the bonus | 18 hr by Visa (October 2026) |
| Respin | Bitcoin, Ethereum, USDT | €300 + 100 free spins | Not stated | 20 hr (August 2026) |
| VegaZone | Bitcoin, Ethereum, Litecoin, USDT, Cardano | 100% up to €500 + 100 free spins (four-deposit package: €2,600 + 260 spins) | 45× | 22 min by Bitcoin (22 April 2026) |
| Spinzen777 | Bitcoin, Ethereum, USDT, Litecoin | 100% up to €888 + 150 free spins (four-deposit package: €3,588 + 500 spins) | 45× | Not timed yet |
| Hugo777 | Bitcoin, Ethereum, USDT | 100% up to €150 + 100 free spins | Not stated | Not timed yet |
| SpiNight | Bitcoin, Dogecoin, Litecoin, USDT | 100% up to 5,000 NOK (about €460) + 200 free spins | 35× deposit + bonus | Not timed yet |
| NovaJackpot | Bitcoin, Ethereum, USDT, Litecoin, Dogecoin, Ripple, Cardano, TRON | 100% up to €500 + 200 free spins | Not stated | Not timed yet |
| Instant Casino | Bitcoin, Ethereum, USDT, Litecoin | 200% up to €7,500 | Not stated | 25 hr (August 2026) |
Reviews are in Icelandic. Every timed withdrawal, in English, is on our withdrawal log.
Each of these was requested with the tester's own money and timed from request until the coins arrived:
One measurement does not tell you what the next withdrawal will take. Instant Casino appears in our log at both 15 minutes and 25 hours. Delays almost always sit in the casino's approval queue, not on the blockchain.
Bitcoin is the most widely accepted: 11 of the 11 crypto casinos here take it. A confirmation can take from a few minutes to an hour when the network is busy. Ethereum (8 casinos) usually confirms faster, but its network fee moves with demand.
USDT and other stablecoins (9casinos take USDT) track the US dollar. They take away the swings in the coin's price while your money sits at the casino, and replace them with exposure to the dollar.
You buy the coins on an exchange first, then send them to the casino. That costs an exchange fee and a spread, and you pay both again on the way back. Crypto does not get you out of currency costs; it moves them from your bank to the exchange. Our step-by-step guide is in Icelandic: ISK í Bitcoin.
If you would rather skip crypto altogether, 1xBet is the only casino on our list with an Icelandic króna account, so a card deposit stays in ISK.
A licensed casino has to know who you are under anti-money-laundering rules, and it will ask at the latest when you withdraw: ID and proof of address. Identification is also what makes self-exclusion and age checks work. A site that promises otherwise is either unlicensed or will ask later.
Iceland's Lotteries Act No. 38/2005 covers both games of chance and betting. Its penalties are aimed at whoever runs gambling without an Icelandic licence and whoever advertises it; since a 2010 amendment the advertising ban applies whether the operator is based in Iceland or abroad. No provision penalises the player. A foreign online casino cannot get an Icelandic licence, so every site on this page operates without one. This is a reading of the statute, not legal advice. The full text, quoted in Icelandic, is on our page on the law.
Yes. Under the Income Tax Act No. 90/2003, winnings from bets and games count as taxable income. The exemption covers only lotteries that hold a special Icelandic permit, and online casinos are not among them. Winnings are declared on the tax return, box 96, and taxed at your ordinary income tax rate. Details and the 2026 brackets are on our tax page.
7 of the 13 casinos we list pay us a commission when someone signs up through our link. The other 6 (Betsson, LeoVegas, Coolbet, Casumo, Respin, Instant Casino) pay us nothing and are listed on the same terms. Each card says which is which. The order follows our scores, not the commission.
Gambling costs money; it is not a way to make it. If it is costing you more than you meant to spend, the Icelandic Red Cross helpline 1717 is free, anonymous and open around the clock (1717.is). More help in Iceland is listed on our help page. 18+ only.
On our scores, 1xBet, Hype.bet, Betsson are the top three that accept crypto. 1xBet also offers an Icelandic króna account, the only one on our list, so you can play there without crypto at all. Hype.bet takes the widest range of coins (9). The fastest crypto withdrawal we timed was Hype.bet: 5 min in USDT.
Bitcoin is accepted at 11 of the 11 crypto casinos on our list, Ethereum at 8 and USDT at 9. The coins each casino takes are in the table above.
In our tests, mostly yes: the fastest crypto withdrawal took 5 min. But the same casino can be fast once and slow the next time. Instant Casino paid Bitcoin in 15 minutes in April 2026 and took 25 hours on a later withdrawal. One measurement is not a promise.
Not at a licensed one. Anti-money-laundering rules require the casino to identify you, at the latest when you withdraw, and the exchange where you bought the coins has already identified you too. A site that promises full anonymity and still pays out large sums without questions is either unlicensed or will ask later, when you want your money.
No. It moves the cost from your bank to the exchange. Turning ISK into Bitcoin costs a fee and a spread, the coin's price can move between deposit and withdrawal, and you pay again when you convert back. Stablecoins such as USDT remove the price swings of the coin but leave you exposed to the US dollar.
Also in English: casino bonuses in Iceland · live casinos in Iceland · timed withdrawals