Portugal Crypto Gambling Sites

Portugal Crypto Gambling Sites

Portugal Crypto Gambling Sites

Portugal’s increased demand for gambling is met with a set of restrictions that only lead to subpar casino and betting products for players. Portuguese crypto gambling sites prove to be the best alternative for locals to get access to higher odds, more than 5,000 slots and bonuses with no limits over their transactions while maintaining a low profile.

Cryptocurrencies are the tool that will allow you to get that edge by avoiding unfair rules. Read on to discover the top crypto gambling brands for your playstyle, as well as the facts surrounding taxes and regulation in detail.

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Top bonuses for Portuguese crypto gambling sites

Our CryptoGambling.TV team constantly monitors crypto-friendly brands that are locally available. Below, you can find a list of our favourite casinos & sportsbooks in Portugal, along with their respective bonuses. And if you want to find out more about each brand, click on its review.

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
Gamdom Bonus
4.0/5
star star star star star
Rakeback
$1
special-rules
Special Rules
NO CODE
Bonus Up To15% Rakeback
#9
Sportsbet.io Bonus
4.1/5
star star star star star
Daily Rewards
$1
special-rules
Special Rules
NO CODE
Bonus Up ToDaily Rewards
#10
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
#11
1xbet Bonus
4.2/5
star star star star star
Deposit Bonus
$10
x35
NO CODE
100% Bonus Up To$1,500
#12
Kineko Bonus
4.1/5
star star star star star
Deposit Bonus
$20
B x 35
NO CODE
100% Bonus Up To$100 + 200FS
#13
Rocketpot Bonus
4.0/5
star star star star star
Deposit Bonus
$25
x35
NO CODE
100% Bonus Up To$5,000
#14
Mystake Bonus
4.2/5
star star star star star
Deposit Bonus
$20
x30
NO CODE
170% Bonus Up To$1,000
#15
Goldenbet Bonus
4.1/5
star star star star star
Deposit Bonus
$20
x35 in Slots
NO CODE
100% Bonus Up To$500
#16
888Starz Bonus
4.5/5
star star star star star
Deposit Bonus
€15
B x 35
NO CODE
100% Bonus Up To€1500
#17
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
Gamdom Bonus
4.0/5
star star star star star
Rakeback
$1
special-rules
Special Rules
NO CODE
Bonus Up To15% Rakeback
#9
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
#10
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
#11
1xbet Bonus
4.2/5
star star star star star
Deposit Bonus
1.4
$1
x5
-
copy-icon
100% Bonus Up To$100
#12
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
#13
Rocketpot Bonus
4.0/5
star star star star star
Deposit Bonus
-
$25
x35
-
copy-icon
100% Bonus Up To$5,000
#14
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
#15
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
#16
888Starz Bonus
4.5/5
star star star star star
Deposit Bonus
1.40/Selection (ACCAs)
€10
B x 5
NO CODE
100% Bonus Up To€100
#17
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
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Which is the best crypto casino in Portugal

When it comes to choosing among the best brands, there is a wide selection of international crypto casinos available in Portugal. Many have been on the market for years and have proven their status in the gambling industry. Below you can find the cream of the crop that provide valuable welcome bonuses, thousands of slots from major providers and fast withdrawals.

Casino
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
70+ Providers
check-icon
Over 700 Bonus Buy Games
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
3,000+ Games
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
5,000+ Slots
check-icon
No Verification Required
check-icon
Separate Crypto Wallets
100% Bonus Up To1 BTC

Portuguese Crypto Casino Bonuses - Pro Tips

Casino operators are already offering great welcome bonuses to attract more players. And they will only get juicier as the Portuguese online gambling market keeps growing. Some casinos may provide bonuses of a few hundred euros and some even a whole BTC on your first deposit.

Regardless of the amount being offered though, you always need to inspect a promotion’s terms & conditions to ensure you are on the safe side. Also, check our bitcoin gambling reviews containing detailed brand-based information on bonuses & offers.

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Safe Portuguese crypto sports betting sites

Many bettors in Portugal are starting to expand their horizons and discover the possibilities offered by cryptocurrency transactions. Due to blockchain technology’s characteristics, crypto bookmakers in Portugal offer much more privacy and higher odds than conventional ones. Feel free to check out our hand-picked brands.

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
Tips on Crypto Betting Sites in Portugal
bullets icon
The Cash-Out feature is offered by almost every crypto bookmaker; however, other features such as Live-Streaming, Bet Builder and Auto/Partial Cash Out are not available through all of them. Inspect that before signing up.
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To calculate the overall payout of a bookie, do not rely just on popular sports & markets. Although secondary markets are frequently more profitable, most bookmakers reduce their odds on them. Any payout percentage less than 95% is considered rather low.
bullets icon
Before joining a Portuguese betting site, read its bonus terms and conditions; there are slight differences between them such as wagering restrictions, events that may not be available to use your free bets on, or a particular rollover requirement for bonus amounts.
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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How to deposit to Portuguese crypto gambling sites

Let's now get to the good stuff. After locating the perfect sportsbook or crypto casino in Portugal, it's time to fund your account. The first step is to create an account on a cryptocurrency exchange platform. Popular exchanges like Kraken, Bitpanda and Coinbase, are all available in Portugal, so we recommend creating an account with them.

Step-By-Step Process
Portugal Crypto Gambling Sites
Portugal Crypto Gambling Sites
Step-By-Step Process
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.

We hope you accomplish a win soon, in which case you’ll request a withdrawal. As probably expected, the process will be quite easy. Just enter your wallet address on the relevant option (through the coin you deposited) and confirm the request. A few seconds on, the payments team processes your withdrawal and winnings will appear on your wallet. Now you might be wondering if you have to pay any taxes on them; we will go into that straight away.

Vave Logo
Sportsbook
Vave
4.4/5
star star star star star
YEAR EST
2022
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
Cash out Full Cash out Full
Live Streaming Live Streaming
100% Bonus Up To 1 BTC

Is there any crypto tax in Portugal

First off, players do not have to pay a tax on any gambling winnings, even through locally licensed operators. Only brands need to pay an 8-16% tax on their turnover, which effectively leads them into offering lower payouts.

Regarding cryptocurrencies, we could say that the current Portuguese crypto regulation makes the country a crypto heaven. Crypto trading is not prohibited and individual investors enjoy significant benefits as no capital gains tax is applicable on their transactions. Also, individuals with high earnings from crypto transactions are not required to pay VAT (Value Added Tax) or any other form of business tax.

In the second quarter of 2022, Portugal’s Congress rejected two taxation proposals that sought to change the current state of things. However, members of the government suggested that new policies could be soon implemented, which would probably include a capital gains tax on crypto trades. So, even if the situation now is favourable for crypto users, it is imperative to learn how to stay under the radar.

Keep your gambling transactions secret

Your best friends in this field are private anonymous crypto wallets and crypto gambling sites with relaxed KYC policies. Unless you move large amounts back and forth from centralized exchanges, there will be a very low risk involved. Still, prefer keeping any winnings in your private wallet, and only cash them out partially through an exchange. Crypto transactions are extremely hard to track unless you reveal your wallet’s address to somebody.

How Other Countries Treat Crypto Gambling

The forward-thinking attitude towards crypto that Portugal has is a rare sight. However, a wide adoption can also be seen in the related nation of Brazil, where more citizens use it as an alternate currency. This, of course, translates to a booming Brazilian crypto gambling scene.

On the flipside, with Spanish crypto gambling sites, we can see that even in cases where the overall legality is gray, players use such operators to access Bonuses and products that are banned from the gambling legislation. In both occasions, cryptocurrencies solve different problems for different areas effectively.

 

*Remember, as we are not financial advisors, this is meant to be a simple overview of the current fiscal situation. Contact a tax professional for your financial inquiries, as errors may lead to significant losses & subsequent fines.

Why opt for Portuguese crypto gambling sites
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Why opt for Portuguese crypto gambling sites

The situation is pretty straightforward. Due to the current legislation on online gambling, locally licensed brands in most cases offer substandard products. On the other hand, cryptocurrencies allow you to safely join a wide variety of international crypto gambling brands; which provide higher odds, more casino games with a higher payout and bonuses that conventional gambling sites can only dream of. Nevertheless, you need to be careful, as the crypto space is still a bit like the wild west. Trust our proven recommendations and enjoy the benefits of crypto gambling.

FAQs

Yes, you can legally bet either at land-based casinos or online. Many casinos and bookmakers have a local licence, but we recommend betting on international crypto gambling sites in Portugal.

To bet with cryptocurrencies, you must have an account with a crypto exchange and a private wallet. Once you have that, you can purchase cryptos and deposit them from your private wallet to the gambling site of your choice.

In short, a crypto tax in Portugal is only implemented if you use them as a professional trading activity, which would require you to register as a trader and pay taxes on your profits; otherwise, they are regarded as non-taxable in Portugal.

Yes. You can legally trade crypto in Portugal, even if it is not recognized as a fiat currency like the Euro. You can also exchange your cryptocurrency for fiat currencies. However, it does not have a legal tender status like the Euro, so the government does not accept it as a way of repaying public debt or paying fines.

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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