Top Bitcoin Casinos France
France’s status as one of Europe’s leading nations may have several factors behind it. One may immediately think of fine wines, the latest fashions, and exciting scenic views. However, there is also an increasing trend in the use of cryptocurrencies. Indeed, more and more people are also taking an interest in crypto casinos thanks to their simplicity, wide selection of games, and the ability to remain anonymous.
In this article, we’ll look closely at the best crypto casino sites in France provided in our list. We’ll also cover the most popular games offered and how France regulates crypto casinos. Read on to find out more.
Are crypto casinos in France regulated?
When it comes to regulations concerning casinos and gambling in France, there is a lot to say. The French government has established L’ARJEL, the Regulatory Authority for Online Games, to oversee the country’s legal online gambling industry.
Although horse racing, lotteries, and land-based casinos are formally governed by the PMU (Pari Mutual Urbain) and the FDJ (Française des Jeux), internet gambling is overseen by L’ARJEL.
Sports betting, horse racing, and online poker are the only activities for which L’ARJEL can issue a gambling license in France. That raises the possibility that every single online casino that accepts French players operates illegally.
Furthermore, back in 2019, the French law Plan d’action pour la croissance et la transformation des entreprises (PACTE) governed the whole cryptocurrency market. However, until 2021, it only affected crypto custodians and crypto-to-fiat services. These rules also apply for crypto casinos, crypto-to-crypto exchanges, and trading platforms.
The Know your customer (KYC) and operational activities of French crypto companies and gambling sites regarding Anti-Money Laundering (AML) must be regularly updated. In short, all crypto companies and gambling sites need to register with the Autorité des Marchés Financiers (AMF) adhering to a number of rules and regulations. France also has stringent rules that require players to show their ID before playing at a crypto casino.
French Gambling Tax Guide
The French tax rate is among the highest in Europe when it comes to gaming. Perhaps it is for this reason that, despite its size, richness, and tourist traffic, the nation has few casinos. In fact, there is a tax of 13.7% on any gambling gains over €1,500.
Winnings from domestically regulated gambling establishments are subject to withholding tax at the source (automatic deduction), rather than being passed on to the players themselves. If players’ wins originate from legitimate, licensed establishments, they won’t owe any more taxes on the amount left over after this reduction has been made.
French crypto casinos insights
Although France has strict regulations on crypto gambling, many people feel confident gambling their cryptocurrency because of the safe gambling environment and stringent security protocols employed on offshore sites.
Crypto casinos are also easy to use. They offer their players an array of different bonuses to entice both new and existing players. Crypto casinos also charge lower fees than traditional casinos. These lower fees result from cryptocurrencies not being regulated by any financial institution. As a result, those who want to improve their gambling experience can play quickly and without paying high fees.
Since the crypto casino market is constantly growing and more and more people are taking an interest, many big companies are keen to get their foot in the door. Crypto casinos, crypto exchanges, and trading platforms must all enact anti-money laundering and know your customer procedures (AML/KYC) to adhere to all legal procedures.
How to deposit funds to crypto casinos in France
When it comes to making a deposit to your cryptocurrency casino, players are advised to have a crypto wallet. The two most common wallets are hardware and software wallets. The former type resembles an external storage device similar to a USB stick. Being separate from your computer, it is considered safer from potential threats. Alternatively, with a software wallet, you will need sufficient memory on your computer to store your coins. Using these wallets, you may send and receive cryptocurrencies. Crypto exchanges also provide crypto wallets.
Below we’ve described how to simply fund your crypto casino account in France.
- Sign up with one of the crypto casinos we recommend: Start by signing up for an account with the online casino of your choice in France. Pick one from the many crypto casinos we’ve recommended above.
- Provide pertinent information: You’ll have to provide your full name, address, date of birth, and other identifying information to verify your identity.
- Settle on a cryptocurrency: In the ‘Funds’ area of your account, choose the cryptocurrency you want to use.
- Link your cryptocurrency wallet with your gambling account: To complete the transaction, enter your crypto wallet address and follow the on-screen instructions.
- Grant consent to deposit: Simply enter the amount you want to move to your casino account and the transfer will begin once you click the transfer button.
Popular crypto casino games in France
When you play at crypto casinos in France, you can choose from a wide range of crypto games. Some of these games include poker, dice, live dealer, and other games. But let’s look at the games you can play at the best crypto casinos:
This game is available at many bitcoin casinos and is one of the most popular games. With a total of 52 cards, each participant (including the dealer) is dealt two cards at the beginning of the game. Players may choose to take more cards or stand with the cards they already have. If your hand goes over 21, you lose. When a player’s two cards add up to a total that is less than or equal to 21 but is greater than the dealer’s, the player wins. However, if both the dealer and the player have 21 it is a draw and you neither win nor lose.
Another popular table game is Roulette. Every game begins with the croupier spinning the wheel in one direction while rolling a tiny ball on the inside edge of the wheel in the opposite direction. Once the host closes the bets, the ball will land in one of the wheel’s numerous pockets. Although there are many variants of this game, each one has slightly different rules. However, the aim of the game is to guess where the ball will land.
To put it simply, online poker is a digital version of the classic card game. Many online crypto casinos have Poker games with a broad choice of game types and betting limits. Poker is played with 52 cards. There are many poker variants, but there is a common theme. Once players have placed their bets, they receive three cards face-up. Next, a fourth and a fifth card are dealt. After that, players show their cards to see who has the strongest hand.
These are the backbone of any online cryptocurrency gambling site. With thousands of slots to choose from, players will always find something to suit their needs. Slots come in different forms and each one has something different to offer. Choose from video slots, progressive slots, or classic slots for impressive bonuses and prizes. Slot machines don’t require any skill and for this, they are probably the most popular game.
What to consider when choosing a crypto casino in France?
With so many crypto casinos to choose from, it can be overwhelming when looking for a reputable and reliable casino. So before signing up for one, make sure the casino of your choice ticks all the boxes.
Reputation: Make sure that the crypto casino you choose has a good reputation. Apart from checking its license read through reviews from other players to see what they say. You can also find all the information regarding a casino’s license at the footer of the page. Here, you can also click on the information to verify the license number and the date of its release.
Quality: The second thing you should look for in a crypto casino is the high-quality features that it provides. For that purpose, you should only choose a casino that is user-friendly, and have a wide variety of enjoyable crypto games from reputable game providers, bonuses, robust customer service, and so forth.
Security: Likewise, safety measures should be present in your French crypto casino. Modern firewalls, P2P transactions, and SSL encryption are the most used and protective technologies that allow high security in a casino. Players at high-end crypto casinos can get information about the security features. You can also ask customer support for more information.
Future of online crypto casinos in France
It should come as no surprise that France has a long history of gambling since the country was instrumental in the development of several classic casino games. However, French citizens don’t have many choices when it comes to crypto gaming. All online casinos are offshore as online casinos remain banned in the country.
While the government plans intend to make France a haven for cryptocurrency investors, more rules need to be implemented to protect investors and consumers. So, until there is a change in French gambling rules, the future of crypto casinos in France is relatively compromised. However, players can still play at offshore crypto casinos.
As a new player at France’s crypto casinos, you may have some questions about how gambling works there. We have put together a few questions to clarify any doubts you may have. However, if you choose a crypto casino from our list, you can rest easy knowing they are all reputable and reliable casinos.
Do French cryptocurrency casinos support all cryptocurrencies?
No. Although many French online casinos now accept a variety of cryptocurrencies, some still only take the most popular ones, like Bitcoin. If you want to use a cryptocurrency that isn’t supported, it will be difficult for you to make deposits and withdrawals. Check to see whether the currency you want to use is one they accept on their website. You can even contact customer support for confirmation.
Is it possible to buy Bitcoin anonymously in France?
Yes, it is. P2P (Peer to Peer) exchanges in France allow you to purchase bitcoin safely and discreetly.
Can I use my phone to play at crypto casinos?
Yes, you can play at crypto casinos from anywhere in the world. All you need is a stable Internet connection and a smartphone or tablet. Then, you can start gambling while on the go. However, it is important to gamble responsibly at all times and to have fun.