DEFINITION
Government-issued currency such as AUD, USD, or EUR, as opposed to cryptocurrency.
IN DEPTH
Most crypto casinos do not accept fiat deposits. Australian players typically need to buy crypto on an exchange first.
WHY THIS MATTERS
Why Fiat Currency Matters When Choosing a Crypto Casino
Some crypto casinos allow fiat deposits via card or bank transfer. For Australian players, this removes the friction of buying crypto first. However, fiat deposits often trigger KYC requirements that crypto-only deposits avoid. Know which method suits your privacy preference.
RELATED TERMS
Crypto Casino
An online casino that primarily accepts cryptocurrency for deposits and withdrawals.
House Edge
The mathematical advantage a casino holds over players on any given game, expressed as a percentage.
RTP (Return to Player)
RTP is the percentage of all wagered money a game pays back to players over time, expressed as a percentage.
Variance
The degree of risk and reward fluctuation in a gambling game. High variance means big wins but less frequently.
Compare the best crypto casinos Australia ranked by our AU review team.