Crypto Casinos Online in Paraguay

Crypto Casinos Online in Paraguay

Crypto Casinos Online in Paraguay

Paraguay can be considered one of the most convenient countries for online gambling, as current legislation only covers land-based establishments. Players are mostly free to register with different brands that accept them. This is also a golden opportunity to find the most profitable type of iGaming websites.

We are talking about crypto-friendly casinos that operate online in Paraguay. In them, gamblers can find immense casino libraries from the top providers, immense welcome bonuses of up to 5 BTC and the ability to play with stablecoins such as USDT & USDC. However, one must be well informed before diving in, so check all the useful facts below, as well as our tested recommendations.

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Top-tier Crypto Casinos in Paraguay

Not all available crypto brands meet the requirements of a premium website. And it is no doubt that the task of finding a good one can be challenging. Our experienced team has compiled a list of some of the best crypto casinos in Paraguay to help you get started. This selection gets updated every month, and only reliable brands with valuable bonuses and curated casino libraries make it.

Casino
Rating
Min Deposit
Rollover
Bonus Code
% Percentage
Amount
#1
Vave Bonus
4.4/5
star star star star star
Cashback
$20
B x 40
NO CODE
100% Bonus Up To1 BTC
#2
Coins.Game Bonus
4.2/5
star star star star star
Deposit Bonus
$10
N/A
NO CODE
180% Bonus Up To$20,000
#3
BetPanda Bonus
4.3/5
star star star star star
Deposit Bonus
$10
x80
NO CODE
100% Bonus Up To1 BTC
#4
Duelbits Bonus
4.2/5
star star star star star
Rakeback
$10
special-rules
Special Rules
Exclusive Offer
NO CODE
Bonus Up To10% Rakeback +500FS
#5
Coinplay Bonus
4.2/5
star star star star star
Deposit Bonus
20 USDT
x40
NO CODE
100% Bonus Up To5,000 USDT
#6
Jackbit Bonus
4.1/5
star star star star star
Deposit Bonus
€50
x1
WELCOME
copy-icon
Bonus Up To100 FS
#7
22bet Bonus
4.2/5
star star star star star
Deposit Bonus
€1
B x 50
Exclusive Offer
CRYPTOTV
copy-icon
100% Bonus Up To€300
#8
Stake Bonus
4.4/5
star star star star star
Rakeback
$1
special-rules
Special Rules
Exclusive Offer
CRYPTOTV
copy-icon
Bonus Up To10% Rakeback
#9
Gamdom Bonus
4.0/5
star star star star star
Rakeback
$1
special-rules
Special Rules
NO CODE
Bonus Up To15% Rakeback
#10
Sportsbet.io Bonus
4.1/5
star star star star star
Daily Rewards
$1
special-rules
Special Rules
NO CODE
Bonus Up ToDaily Rewards
#11
BC.Game Bonus
4.3/5
star star star star star
Deposit Bonus
$30
special-rules
Special Rules
Exclusive Offer
NO CODE
120% Bonus Up To$20,000
#12
1xbet Bonus
4.2/5
star star star star star
Deposit Bonus
$10
x35
NO CODE
100% Bonus Up To$1,500
#13
Kineko Bonus
4.1/5
star star star star star
Deposit Bonus
$20
B x 35
NO CODE
100% Bonus Up To$100 + 200FS
#14
20Bet Bonus
4.3/5
star star star star star
Deposit Bonus
$/€20
B x 40
NO CODE
100% Bonus Up To$/€120
#15
Rocketpot Bonus
4.0/5
star star star star star
Deposit Bonus
$25
x35
NO CODE
100% Bonus Up To$5,000
#16
Mystake Bonus
4.2/5
star star star star star
Deposit Bonus
$20
x30
NO CODE
170% Bonus Up To$1,000
#17
Goldenbet Bonus
4.1/5
star star star star star
Deposit Bonus
$20
x35 in Slots
NO CODE
100% Bonus Up To$500
#18
FortuneJack Bonus
4.0/5
star star star star star
Deposit Bonus
BTC 0.001
Bonus x30
NO CODE
110% Bonus Up ToBTC 1.5
Bookmaker
Rating
Min odds
Min Deposit
Rollover
Bonus Code
% Percentage
Amount
#1
Vave Bonus
4.4/5
star star star star star
Cashback
2.00
$20
B X 5 (Doubles)
NO CODE
100% Bonus Up To1 BTC
#2
Coins.Game Bonus
4.2/5
star star star star star
Deposit Bonus
N/A
$10
N/A
NO CODE
180% Bonus Up To$20,000
#3
BetPanda Bonus
4.3/5
star star star star star
Deposit Bonus
-
$10
x80
NO CODE
100% Bonus Up To1 BTC
#4
Duelbits Bonus
4.2/5
star star star star star
Freebet
1.50
$10
B X 5
NO CODE
100% Bonus Up To$100
#5
Coinplay Bonus
4.2/5
star star star star star
Deposit Bonus
1.60
20 USDT
x40
NO CODE
100% Bonus Up To5,000 USDT
#6
Jackbit Bonus
4.1/5
star star star star star
Freebet
1.30/selection (trebles)
€20
special-rules
Special Rules
NO CODE
100% Bonus Up To€100
#7
22bet Bonus
4.2/5
star star star star star
Deposit Bonus
1.40/selection (Trebles)
€1
Β x 5
Exclusive Offer
NO CODE
100% Bonus Up To€122
#8
Stake Bonus
4.4/5
star star star star star
Rakeback
-
$1
special-rules
Special Rules
Exclusive Offer
NO CODE
Bonus Up To10% Rakeback
#9
Gamdom Bonus
4.0/5
star star star star star
Rakeback
$1
special-rules
Special Rules
NO CODE
Bonus Up To15% Rakeback
#10
Sportsbet.io Bonus
4.1/5
star star star star star
Daily Rewards
-
$1
special-rules
Special Rules
-
copy-icon
Bonus Up ToDaily Odds Boost
#11
BC.Game Bonus
4.3/5
star star star star star
Deposit Bonus
-
$30
special-rules
Special Rules
Exclusive Offer
NO CODE
120% Bonus Up To$20,000
#12
1xbet Bonus
4.2/5
star star star star star
Deposit Bonus
1.4
$1
x5
-
copy-icon
100% Bonus Up To$100
#13
Kineko Bonus
4.1/5
star star star star star
Deposit Bonus
1.50
$20
D x 10
NO CODE
100% Bonus Up To$150
#14
20Bet Bonus
4.3/5
star star star star star
Deposit Bonus
2.00 Combined (ACCAs)
$/€10
B x 5
NO CODE
100% Bonus Up To$/€100
#15
Rocketpot Bonus
4.0/5
star star star star star
Deposit Bonus
-
$25
x35
-
copy-icon
100% Bonus Up To$5,000
#16
Mystake Bonus
4.2/5
star star star star star
Deposit Bonus
1.40/selection
$20
x10 in Doubles
NO CODE
100% Bonus Up To$500
#17
Goldenbet Bonus
4.1/5
star star star star star
Deposit Bonus
1.4/selection
$20
x10 in Trebles
NO CODE
100% Bonus Up To$500
#18
FortuneJack Bonus
4.0/5
star star star star star
Cashback
N/A
BTC 0.001
N/A
-
copy-icon
20% Bonus Up To20% Cashback
crypto-icon

Solid Crypto Betting Sites in Paraguay

Crypto betting sites are prevalent in Paraguay. However, beyond this, there are many other things to consider before classifying a betting site as solid. Since every casino is expected to operate with a license from the National Games of Chance Commission (NGCC), that is one of the first features to consider. The next section will explore more crucial tips to help you choose Paraguay's most solid crypto betting sites.

 

Bookmaker
Rating
Crypto Coins
Highlights
% Percentage
Amount
#1
Vave
4.4/5
star star star star star
Cashback
Bitcoin logo
Ethereum logo
USDT logo
check-icon
Over 8 Coins
check-icon
Up To 96%+ Odds
check-icon
Over 1,000 Daily Live Events
check-icon
4+ Fiat To Crypto Gateways
100% Bonus Up To1 BTC
#2
Coins.Game
4.2/5
star star star star star
Deposit Bonus
Bitcoin logo
Ethereum logo
USDT logo
check-icon
15+ Popular Cryptos
check-icon
97% Odds In Top Leagues
check-icon
No KYC Required
check-icon
Easy Signup
180% Bonus Up To$20,000
#3
BetPanda
4.3/5
star star star star star
Deposit Bonus
Bitcoin logo
Ethereum logo
USDT logo
check-icon
Over 10 Coins
check-icon
Livestreaming
check-icon
40,000+ Monthly Pre-game Events
check-icon
Bitcoin Lightning Accepted
100% Bonus Up To1 BTC
How to choose the best crypto betting sites in Paraguay

Jumping into a new betting site without proper research is a considerable risk. Considering that crypto transactions are untraceable, you don't want to fall into the wrong hands. Meanwhile, there is no disputing that many of these crypto platforms cannot be trusted. So, before you register on a new betting site, here are some things you should consider.

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By default, the first license you want to see on the platform is one from the National Games of Chance Commission (NGCC). However, for most crypto gambling sites, especially from offshore operators, there is a possibility you won't find this permit. However, a valid license from other reputable jurisdictions is better than not having anyone at all. For example, you can trust bookies with proper authorization from the Malta Gaming Authority, Curacao, and other popular regulators. However, when a new crypto gambling site has no valid license, that's a big red flag.
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One of the many reasons why Paraguayans prefer using crypto betting sites is because they offer more generous bonuses and promotions than regular ones. So, if that is your top reason, you must review the offers on the site before registering. Sometimes, when an offer looks too good does not mean it is good. Ensure you check the terms & conditions, the wagering requirements, and the minimum deposit required to activate the offer. Beyond the welcome bonus on many sites, the presence of other promotions like free bets and cashback is also a crucial factor.
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Imagine a crypto betting site that does not truly accept crypto or has limited cryptocurrencies. Before using any platform, it is best to check the supported currencies allowed. Some sites only support Bitcoin, which may not be sufficient. You need a crypto gambling site that supports popular currencies like Ethereum, Bitcoin Cash, Litecoin, and USDT.

Meanwhile, the availability of other payment methods like Skrill, Visa, MasterCard, and local payment gateways is also a plus.
bullets icon
Paraguayans love football, UFC, volleyball, and tennis. So, in selecting a crypto gambling site, this is a top feature they consider. Generally, online casinos offer more games than their land-based counterparts. So, locals prefer platforms that cover a broader market and offer more betting options.
Vave Logo
Casino
Vave
4.4/5
star star star star star
YEAR EST
2022
check-icon
Over 8 Coins
check-icon
70+ Providers
check-icon
Over 700 Bonus Buy Games
check-icon
4+ Fiat to Crypto Gateways
Pragmatic Play Pragmatic Play
No Limit City No Limit City
NetEnt NetEnt
100% Bonus Up To 1 BTC
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Crypto Gambling in Paraguay - How to Deposit

Before registering on a crypto gambling site, you must have a wallet. In Paraguay, the most popular ones include Binance, Cex.io, Kraken, Bitrawr, and Paxful. There are dozens of other options, and the operational procedure is the same.

The first step is registering on the platform and funding your account. Buy one of the cryptos you prefer and is accepted by the brand. Then, visit the gambling site you want to play and select your preferred currency in the cashier section to get the wallet address. Add the funds, and it will be sent to your account instantly.

Crypto Casinos Online in Paraguay
Crypto Casinos Online in Paraguay
1
Start an account at a crypto exchange. Fund it via debit card, bank transfer or any other local option. Acquire the cryptocurrency that you are going to use as a gambling bankroll.
2
If you are not in a hurry, limit orders hold fewer fees than market orders. Sometimes, it is better to acquire the proprietary coin of the exchange first, as trading pairs with them cost less.
3
Transfer the cryptocurrency amount to your private wallet. Never make direct transactions between crypto exchanges & crypto gambling sites. Crypto exchanges may freeze such accounts.
4
Head over to the gambling site’s cashier section. Click on the relevant crypto method. The wallet’s address will appear. Copy the address and paste it into your wallet’s send function. QR code scans are commonly available too.
5
If a brand does not support crypto-only wallets, watch out for the exchange rate. Any spread above 1% of the current market rate is too much.
6
After a few seconds or minutes, your deposit will settle. This depends on the cryptocurrency and the number of block confirmations required by the operator.

Paraguayan crypto tax for gambling winnings

Although the Banco Central del Paraguay (BCP) only recognizes Guarani as the country's legal tender, there are no regulations against using digital assets. Currently, the government imposes 15% on crypto transactions. So, if you do a valid and traceable business transaction in the country using cryptocurrency as the mode of payment, you will be taxed.

Likewise, regarding gambling, the country charges 8% on winnings exceeding 500,000 Guarani. This amount is only applicable to the operators. So, players are not expected to pay tax on their winnings. Instead, the operators are expected to report such transactions and pay the due amount. Based on this arrangement, some casinos may deduct the amount from the players or have different formats for the settlement.

Do Any Latinos Gamble with Cryptocurrencies?

Latinos love gambling, but not all of them enjoy encouraging legislation to do so. That’s where cryptocurrencies step in and change the narrative. Let’s see two cases. Currently, Uruguay crypto gambling sites are used by natives to escape the monopoly imposed, while staying under the law. This manoeuvre unleashes endless possibilities that were not available before in the country.

Lastly, crypto online casinos in Chile show the strength of anonymous transactions provided by digital currencies, overcoming any attempts of the national bank to halt payments to traditional gambling sites.

Are crypto casinos online in Paraguay worth it?
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Are crypto casinos online in Paraguay worth it?

Since online gambling is legal in Paraguay, crypto betting sites offer additional benefits in different ways. Also, since there are no laws against cryptocurrencies, these sites offer players easy access to the best bookies. The transactions are usually faster with little or no fees. Also, players get to stay completely under the radar, which is beneficial in avoiding tax deductions, especially on the side of operators.

FAQs

Residents are free to play on land-based casinos or online. However, in line with the regulations of the National Games of Chance Commission (NGCC), every betting site must have a valid license.

There are no explicit laws in Paraguay that say cryptocurrency is illegal. The country charges a 15% tax for legit crypto transactions. However, the Banco Central del Paraguay (BCP) only recognizes the Guarani as the legal tender for doing business in the country.

Since online gambling is legal in the country, it is safe to use online crypto casinos because they offer huge bonuses and faster payments and keep your transactions under the radar. However, ensure the platform is licensed locally or from a reputable jurisdiction. Also, do a background check before you register.

One of the many benefits that these sites offer is their more extensive collection of sports and betting options. Most offshore crypto betting sites provide a more comprehensive range of sports and cover markets outside South America.

Cryptogambling.tv is the first site to fully empower crypto iGaming brands. Decentralized digital currencies are the answer to the restrictions that gamblers face worldwide. Your funds, your rules. At the same time, we accept no compromises, and promote only legitimate websites. Trust our expertise, become an avid crypto gambler and maximize your bankroll’s value.
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