Best XLM Gambling Sites in 2024: In a Nutshell
In a rush to find the perfect casino that accepts Stellar? We won’t beat around the bush. Here are our top three picks:
Top Stellar Casinos: Unpacked
You’ve already seen our top picks – now it’s time to dive into the nitty gritty details and explain why we chose these brands as the top three Stellar gambling sites.
Let’s start with our first choice:
BC.Game Casino: 10,000 XLM Games
BC.Game is our top choice for Stellar gambling.
The platform has a four-part welcome package up to $220,000 (1976018.3230789958 XLM equivalent at the time of writing).
To claim the first deposit bonus (which comprises a 180% match), you’ll need to deposit a minimum of 90.404 XLM – a very approachable amount for the everyday player.
Aside from the substantial welcome bonus, BC.Game has reams of other ongoing promotions, including:
- Daily Lucky Wheel Spin
- Casino Quests
- Rakeback
- Roll Competition
- Excellent VIP with worthwhile rewards
Did we mention the platform has over 10,000 games you can play with XLM? This impressive number includes 30+ in-house, provably fair options you won’t find anywhere else.
If you enjoy the trading aspect of cryptocurrencies, you should also check out BC.Game’s crypto trading game, which simulates real-world price fluctuations.
If we had to say one bad thing about BC.Game, it would be that the platform may request KYC documents before you withdraw your funds. However, this is common practice among licensed blockchain casinos.
XLM Limits and Fees at BC.Game
Min. Deposit | 0.01 XLM |
Max. Deposit | None |
Min. Withdrawal | 50.002 XLM |
Max. Withdrawal | None |
Withdrawal Gas Fee | 0.002 XLM |
Looking at the table above, it’s clear BC.Game has some super reasonable XLM limits, and is particularly well-suited to high rollers thanks to the limitless maximum deposits and withdrawals. You can see for yourself by signing up here:
Cloudbet Casino: Huge XLM Bonus
Yet another excellent Stellar gambling site, Cloudbet Casino has built a trustworthy reputation since its establishment all the way back in 2013.
Like BC.Game, Cloudbet has a significant welcome bonus – a 100% deposit match up to 5 BTC, or in this case, 2,850,439.00 XLM. You’ll need to deposit a minimum of 100 XLM to be eligible for the bonus.
Cloudbet is also a sports betting powerhouse.
You can use XLM to bet on hundreds of games and leagues, including all the top eSports divisions.
Another popular Cloudbet feature is the Marketplace, where you can use loyalty points to buy luxurious gifts or getaways. It’s an awesome feature we’d like to see more casinos adopt in the near future.
Unfortunately, like BC.Game, Cloudbet requests KYC. We also don’t like how Cloudbet reserves the right to charge 5% handling fees on deposits and withdrawals. However, this has never happened to us, so it may only apply to larger transactions.
Cloudbet’s XLM Limits and Fees
Min. Deposit | None (but must exceed the gas fee) |
Max. Deposit | None |
Min. Withdrawal | 0.001 XLM |
Max. Withdrawal | None |
Withdrawal Gas Fee | 0.00007967 XLM |
Cloudbet’s tiny minimum withdrawal amount makes the platform perfect for players looking to make regular small deposits and withdrawals. Likewise, the nonexistent maximum deposits and withdrawals (and the Marketplace) make Cloudbet a high-roller haven.
Bitsler Casino: In-House Jackpot
Bitsler offers a more modest welcome bonus (200% deposit match up to $2,000 + 500 free spins). At the time of writing, $2,000 was equivalent to 17839.53 XLM.
The bonus is released in 20 batches, in a points-based wagering scheme similar to the rollover systems at BC.Game and Cloudbet.
Though $2,000 certainly isn’t as big as 5 BTC or $220,000, this bonus is more suited to the everyday player. Bitsler is also one of the only crypto casinos offering a no deposit bonus upon registration ($0.02 Satoshi).
The casino also has an innovative in-house Jackpot which seems to reward loyal players at random.
Bitsler also does well in the games department, with over 5,000 games on offer. Some of these are fun, in-house exclusives with provably fair algorithms.
Bitsler’s XLM Limits and Fees
Min. Deposit | None (but must exceed gas fee) |
Max. Deposit | None |
Min. Withdrawal | 90 XLM |
Max. Withdrawal | None |
Withdrawal Gas Fee | 0.00005000 XLM |
Thinking of giving Bitsler a bash? Here’s where to get started:
What Is Stellar?
The Stellar blockchain, often simply referred to as Stellar, is a decentralized, open-source network designed for facilitating digital asset transfers across borders quickly and with low fees.
It was launched in 2014 by Jed McCaleb, a key figure in developing the Ripple protocol, and Joyce Kim.
Stellar was created to improve global financial access by seamlessly connecting financial institutions, payment systems, and people.
Key Features
Here are some key features of the Stellar blockchain:
Lumens (XLM): Lumens are the native digital currency of the Stellar network. They serve as a bridge currency for transactions and are used to pay transaction fees. Each account on the Stellar network must hold a small amount of Lumens to exist, which helps prevent spam.
Consensus Protocol: Stellar uses the Stellar Consensus Protocol (SCP), which is different from traditional proof-of-work or proof-of-stake mechanisms. SCP employs a federated byzantine agreement system, enabling faster transaction confirmation times and reduced energy consumption. This protocol allows nodes to reach consensus without relying on a closed system to record financial transactions.
Decentralized Exchange (DEX): The Stellar network includes a built-in decentralized exchange where users can trade assets (including cryptocurrencies and fiat currencies) without needing a centralized exchange. Orders are settled on the blockchain, which provides added security and transparency.
Memo for Transactions: When transacting with XLM, you’ll need to take note of the memo. The memo is a value (text or ID) used to identify the holder of XLM. You may lose your funds if you fail to use the correct memo during deposits or withdrawals.
Pros & Cons of Gambling with XLM
There are many pros to gambling using Stellar’s token, XLM – especially if you’re after a fast, low-cost experience. Even so, every rose has its thorns, and XLM is no different.
Pros
- Fast Transactions: Stellar is known for its fast transaction speeds, often processing transactions within 3-5 seconds. This comes in handy if you’re looking for instant deposits and withdrawals.
- Low Transaction Fees: Stellar transactions come with very low fees (a fraction of a cent per transaction). This is especially advantageous if you’re a player who prefers making frequent or small bets.
- Currency Exchange: Through Stellar’s built-in decentralized exchange, players can directly exchange multiple types of currencies (fiat and crypto) within the network. This simplifies the process of using different currencies for betting without the need for external exchanges.
- Security and Decentralization: Being a blockchain-based currency, XLM offers the security advantages of decentralized technology, reducing risks of fraud and interference from third-party institutions.
Cons
❌ Volatility: Like many cryptocurrencies, XLM can be quite volatile. This volatility can affect the value of a gambler’s winnings or losses, potentially making the stake amounts unpredictable when converted to fiat currency.
❌ Limited Acceptance: Although XLM is popular, it’s not as widely accepted as other major cryptocurrencies like Bitcoin or Ethereum at crypto casinos. This can limit the choice of platforms for players wishing to use XLM.
Is Gambling with Stellar Legal?
We wish there were a simple, single answer to this question!
It all boils down to where you live – and your region’s legalities surrounding crypto gambling.
If gambling online with cryptocurrencies is allowed in your country or jurisdiction, then you can safely assume that XLM is included in that bracket.
In some countries, crypto gambling sits in a legal gray area, and finding out whether it’s allowed or not can be challenging. If you find yourself in that situation, here’s our advice:
- Without using a VPN, try to visit a Stellar-friendly crypto casino like BC.Game or Cloudbet.
- If you aren’t immediately barred from visiting the site, you can assume you’re allowed to play there.
- Go a step further and check out the list of prohibited countries in the casino’s T&Cs – or ask the live chat for a speedier response.
Final Thoughts
And there you have it! We’ve taken a good look at what the Stellar network brings to the online gambling table – speedy transactions, low fees, and a touch of innovation.
You can now consider yourself well on the road to becoming an aficionado where XLM gambling is concerned. Plus, we’ve given you more than five Stellar-friendly casinos to choose from.
As always, play responsibly and remember that bankroll management is the only surefire way to come out with a profit in the end.