Crypto Online Casinos in Taiwan

Crypto Online Casinos in Taiwan

Crypto Online Casinos in Taiwan

Gambling in Taiwan is strictly prohibited. Despite the large appetite of locals, all forms of gambling are banned. The only alternatives are state-run lotteries and the Sports Lottery(TSLC), which offers a subpar product. But there is a way for avid gamblers to override this restriction.

Online casinos in Taiwan that use cryptocurrencies for their payments are the ideal solution. The complete lack of regulation and anonymity that cryptos hold allows players to regain their freedom and wager on their favourite casino games and national leagues without worrying about any legal implications from the authorities. If you want to know which are the safest sites to sign up to and all about the legal side, stay on this article.

crypto-icon

Crypto Gambling in Taiwan

Just because a brand accepts cryptocurrencies doesn’t mean it’s also legit. That’s why we curated a list of the best crypto gambling sites in Taiwan below. They feature classic games such as Mahjong, Hi-Lo, Roulette, Blackjack and Craps, large bonuses, as well as multiple anonymity coins, so you can stay away from the eyes of the state. Check them out.

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

Taiwan Crypto Sports Betting

Sports are loved by locals, with football, basketball and baseball being the most popular ones in the country. These are also the sports that gamblers in Taiwan prefer for sports betting. For that reason, we compiled a list of legit crypto sportsbooks that offer hundreds of markets in the Taiwan Premier League, the T1 League and the CPBL. Furthermore, they have multiple Free Bets and Bonuses you can grab and odds up to 98%, unlike TSLC. Dig in.

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 Correctly Pick a Taiwanese Crypto Betting Site

As a Taiwanese, you may wish to bet on local sports. Many crypto gambling sites offer popular markets in the country's baseball, football and basketball leagues. Additionally, international betting options in events like the Champions League and NBA should be taken into account. Prior to placing bets, consider these options.

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Review the pre-live and live sections of the sportsbook to check if your desired markets are available. Keep in mind that certain options in sports like basketball will appear only hours before the match.
bullets icon
Calculate the odds the bookie offers. Avoid lower payouts in secondary markets, which are usually below 95%. Of course, what truly matters is the options you are interested in.
bullets icon
Baseball in Taiwan attracts thousands of spectators in each game and is embedded in the local sports culture. The CPBL is the nation’s top league, and bookies should have over 100 markets in each event, like an array of Handicaps and Team Totals besides the WDW markets.
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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Taiwan Casinos with Crypto - How To Deposit

Now that we discussed what different types of crypto gambling sites offer and how they can cater for your game, it’s time to move on to the juicy part. Depositing and using cryptocurrencies for your transactions with Taiwan casinos.

Next, we will cover the full process step-by-step so you can start playing within a few minutes. Before we do, though, we shall mention the top crypto exchanges to use for purchasing your bankroll. Binance, Bybit and Kucoin are our three picks of crypto exchanges as they have a long history in the field. Now let’s see the complete process.

Crypto Online Casinos in Taiwan
Crypto Online Casinos in Taiwan
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.

You signed up, started playing and eventually started seeing your profits rack up. That means it’s time to cash out your winnings and enjoy. The part is all about taxes on gambling prizes and how it works for cryptocurrencies, so pay attention.

Crypto Tax & Gambling in Taiwan

It is good to mention a few basic pieces of info before we dive into crypto-specific details*. Since gambling in Taiwan is run by the government, all winnings from it are tax-free, whether physically or online. Does this change with cryptocurrencies involved?

While the country has big plans for the industry of digital currencies, at the moment, there is no definite crypto regulation in place. Therefore, a tax for crypto gambling doesn’t exist. Nonetheless, the rapid growth of the sector has spurred talks about an all-new regulation later in the near future.

Under the present legislation, the crypto tax reaches up to 40%, which is harsh. On top of that, a 5% VAT is paid in all transactions over NT$4000 with domestic exchanges. Some reports have shown various Taiwanese crypto aficionados cashing out their profits through overseas exchanges with a NT$6.7 allowance per year, resulting in big tax savings.

At the same time, others prefer fully untraceable coins such as Monero or Zcash in order to hide their gains and keep them intact. The unregulated territory definitely allows for multiple interpretations and opportunities you can take advantage of.

How other Asian countries treat crypto gambling

Asian countries are not so different from each other when it comes to gambling. Citizens enjoy it, but the government place some hurdles and penalties along the way. Similar to Taiwan, crypto casinos in Vietnam helped locals circumvent the current ban on online operators and wager with no restrictions. The same goes for Bitcoin gambling in Philippines. Heavy taxation and invasive KYC processes were met with locals choosing Bitcoin as their currency for gambling, which solved both problems at once.

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

Should you go for Crypto Gambling in Taiwan
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Should you go for Crypto Gambling in Taiwan

The short answer is yes. The state has no plan to slow down anytime soon, so local players will continue being in a complete lack of options. Moreover, the bad odds, few markets and features of TSLC are only a compromise, so our Taiwanese gamblers deserve better.

With thousands of casino games at your fingertips, all your favourite sports with endless markets and betting features such as Livestreaming, crypto gambling in Taiwan is the only way. Our recommended sites include innate privacy options, so you won’t have to compromise your safety.

FAQs

Yes. The only place Taiwan residents can legally gamble online, though, is the Sports Lottery. Offshore sites like crypto casinos can also be used, but with caution. See our full article on the matter for more information.

Most crypto casinos are legit and safe to use. The best ones also hold one or more local licenses that ensure your funds are not at risk and your game remains at high standards.

Taiwan doesn’t have a crypto regulation at the moment. Talks about introducing a new bill, amidst the turbulence of the space, will be held in June 2023. Citizens and businesses can still use crypto legally without a problem.

Your best bet would be through a crypto exchange. Binance, Bybit and Kucoin are three of the best exchanges to purchase Bitcoin in Taiwan. P2P solutions also exist if you prefer more privacy over your transactions.

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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