Crypto Reels

Crypto Reels is an online casino where you can cash in or out with digital currencies. It was launched in 2019, and is four years old at the time of writing. However, nowadays, there are tons of houses which also accept crypto tokens, and we are not sure how this one stacks up with them! For instance, there are barely any games to play. We doubt Crypto Reels has even a thousand Slots in total. Meanwhile, it is not uncommon for casinos these days to feature several thousand of these games, as well as other types of table games and live games.

Another issue with Crypto Reels is the restrictive payment policy it has adopted, which makes it somewhat difficult for players to cash out. On the other hand, there are some great sides to this house as well. We are genuinely impressed with its high number of bonuses, which ensures that not a single deposit you perform will be unrewarded. So should you play there? Well, in order to answer this question we need to take a closer look into the casino. The full review of Crypto Reels will do just that, going over every significant aspect of what the house has to offer:

Bonuses

Here is a list of the various promotions available with this casino:

There are different promotions available every day, as well as a generous Welcome Bonus. We should note that some of these have a limit to how many times you can claim them. For instance, the Welcome bonus is only made available once. That is not surprising at all, but some of the daily bonuses also have similar restrictions too, which is uncommon. The Thursday Bonus can be claimed three times, the Monday Bonus – seven times and so on. There's no need to worry if you have finished up the promotions – the casino has an unlimited deposit bonus as long as you cash in with crypto. With that in mind, let's take a closer look at each of the promotions:

• The Welcome Bonus is a special promotion which lets you get a massive boost of 450% of the first deposit with the casino you make. The maximum amount of money up for grabs is $4500, and the minimum deposit requirement is not mentioned. Given that the minimum the casino accepts as a whole is $20, that is most likely to be what you need to cash in to get the bonus too. On the flipside, its wagering requirement is a bit excessive. Wagering requirements represent a number of times you need to turn over a bonus in order to be able to withdraw it. Normally, they are around 30x to 40x the size of the promotion, while Crypto Reels has set a requirement of 50x for this bonus. That is over what we would consider acceptable, but given the massive multiplier for your deposits and the lack of any cash out limit, the restriction actually seems fair.
• If you make your first deposit with Crypto, you will be eligible to receive a special $75 Freechip Bonus. This money can only be used on the Slots with Crypto Reels, and requires you to wager it 50x to cash out. There is also a cash out limit of $75, but given that the bonus does not really require a separate deposit, we consider this to be reasonable. As far as freebies go, this is a fairly big bonus!

After you have played through the previous promotions, you will be able to claim several Recurring Bonuses. In fact, one will be made available every day! Here is what these promotions look like:

• The Monday Bonus will give you a head-start for the week. It adds 70% of your FIAT deposits and 75% of Crypto cash ins as bonus money to your account. The wagering requirement for these funds is just 30x, which is definitely on the low side of where these requirements usually land. Additionally, the bonus has no cash out requirement, and comes with another freebie:
• If you have claimed the previous promotion at least twice and have deposited with crypto on any given Monday, you can get the $20 Freechip Bonus. It is similar to the previous freechip we mentioned – the money can be used only on Slots and comes with a cash out limit. This time, the limit is 10x, which is great! There is also a reasonable, 35x wagering requirement for the funds, which is not too excessive by any stretch.
• The next promotion you can claim is the Tuesday Bonus. It has the same conditions as the Monday promotion, but does not feature the ability to get a freebie.
• If you deposit on a Wednesday, the Wednesday Bonus will be available. This promotion has an interesting condition. If you cash in up to $200, you can get a 60% bonus, with an additional 5% if your deposit is via crypto. But if you decide to deposit more than that, your bonus will be 70% for FIAT cash ins and 75% for crypto ones. The wagering requirement on both tiers of bonus is the same, though – 40x.
• The next promotion in the roster of Crypto Reels is the Thursday Bonus. It is a lot less complex than the previous ones – you can cash in on the fourth day of the week for a bonus of up to 85%. Of course, that is how much you get if you use crypto, and the promotion adds 80% of the FIAT deposits you perform instead. To cash the funds out, you need to clear a wagering requirement of 30x.
• Crypto Reels lets you end the work week on a high note with the Friday Bonus. It has a 77% multiplier for deposits made using conventional deposits and a 82% one for digital currencies. There is a bundle of $10 which you can use to buy Free Spins on the Plentiful Treasure Game. Furthermore, the same 30x wagering requirement applies here as well.
• Last but not least in the list of weekly bonuses, you can claim the Weekend Bonus on either a Saturday or a Sunday. What's special about this promotion is that you can get it an unlimited amount of times. It adds 75% of FIAT deposits and 80% of crypto ones as bonus funds with a 40x wagering requirement.
• You always have access to the Crypto Boost Bonus. This is a deposit bonus you can claim an indefinite amount of times, with every crypto deposit. It gives you 80% of the cashed in sum as bonus money with a 35x wagering requirement.
• Another freebie is available once you claim the previous bonus seven times or more. This is the Crypto Boost Freechip, which nets you a generous $70 bonus. The wagering requirement on this promotion is a bit steep, sitting at 50x, but the bonus has a 10x cash out limit and requires no separate deposit!

License

There is an issue with the casino, which makes its license unable to be verified. Here is what the house says about its regulation:

According to the small text in the bottom of the screenshot, it is licensed by Gaming Curacao (GC). This is one of four regulatory bodies, which all oversee the egaming sector of Curacao, a small Caribbean nation. As part of its regulation, the GC requires every license holder to implement a Digital seal on their website. And Crypto Reels did have what seems like such a seal – the colorful logo in the top left screenshot. However, while these can normally be clicked, leading to the register of the oversight body, that was not the case here. The seal simply did not work.

We are inclined to believe that this is some kind of technical issue, though, and that Crypto Reels is licensed. Curacao is a very popular destination for casino operators to set up in, due to not stifling them with overtly strict policies. At the same time, there are some crucial protections players have access to, which makes licensed houses a great place to bet! Here is what these protections look like:

• There is a ton of personal information collected by casinos. This includes sensitive details about your identity, as well as the different means of deposits you use. That is the only way for house to be able to comply with their KYC policies, and ensure there is no way for the proceeds of criminal activity to be laundered via them. However, it is important to safeguard this information. With licensed houses, you can be sure that it is stored using some of the strictest encryption standards out there nowadays, as GC and pretty much any other regulator requires.
• Secondly, when you play with a casino which holds a license, you can be sure that the games you bet on have been tested, in order to ensure there is no unfair bias to them. That is done via independent auditors, which go over them, in order to certify you are playing actual games of chance!
• There are also a lot of resources on problem gambling which licensed casinos need to provide their players with. They can help not only identify whether you have such issues, but also seek help! Furthermore, there are several self exclusion features that these license holders provide you with. These include setting custom deposit limits, time out warnings or even being able to close down your account, should you feel the need to!

Overall, we greatly prefer licensed casinos over their unregulated peers. Back to Crypto Reels, though, we were quire disappointed to discover its website was only available in one language:

Languages: English

And here is a list of the countries where the website of the house is not available in:

Restricted countries: Australia, Netherlands, United Kingdom, Show All, Aruba, Austria, Belgium, Costa Rica, Curaçao, France, Gibraltar, Guernsey, Hungary, Isle of Man, Israel, Italy, Jersey, Philippines, Portugal, Romania, Russian Federation, Sint Maarten (Dutch part), Slovakia, Slovenia, Spain, Thailand

Deposit and Withdrawal

Here are the means of deposit this casino accepts, as well as the different FIAT currencies and crypto tokens you can cash in with:

Currencies: Euro (EUR), US Dollar (USD), Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tether (USDT), USD Coin (USDC), Binance Coin (BNB)

The minimum deposit for Crypto is $20, while the FIAT currencies require you to cash in $35 or more. It makes sense that Crypto Reels would want to promote deposits via digital asset transfers, but we don't like players who wish to cash in with other means being penalized like that. Especially since there are plenty of casinos with minimum deposits between $10 and $20, which do not discriminate like that! The same can be said about the two vastly different maximum deposit amounts which are allowed

Other than this issue, there are no fees by Crypto Reels, but third party charges need to be covered by the player. These charges can be notable if you use crypto transactions, all of which have miner fees you'd need to contend with.

Here is what the withdrawal policies of the house are like, too:

One thing you'll note about those is the massive minimum withdrawal amounts, for both Crypto and Wire transfers – set to $50 and $100, respectively. Neither of these is acceptable when most casinos nowadays are able to process withdrawal requests for $10 to $20. The maximum withdrawal amounts are generous, at least, and apply per week. You can cash out up to $20 000 monthly, with either of these payment methods.

It takes Crypto Reels a single day at most to process crypto withdrawal requests, while the Bank transfers don't have their approval times specified. We hope the house can clear them in three days or less, because otherwise, you'd have to wait an unreasonable amount of time to get your money.

It is not made clear whether you are expected to turn over your deposited funds any amount of times before you cash it out, which is a common AML policy. However, casinos usually expect you to wager these between 1x and 3x, and we would not be surprised if that is the case here. There is no information on inactivity fees either.

Games and Game Suppliers

One of the weakest aspects of the casino is the shallow games library it has to offer. It does not list its Game suppliers on its website, and we were able to find only the following:

Game providers: Real Time Gaming, Other

Usually, we expect to see the games of at least 50 Suppliers, and this is definitely a new low. Here is what you can play, though:

• Slots: There are no recognizable games like Big Bass Bonanza, Book of Dead, Wolf's Gold and so on. You can only play slots from Real Time Gaming, among which are Scuba Fishing, Achilles, Witchy Brew and others.
• Table Games: There is a selection of about ten virtual dealer variations of Poker, Blackjack and Roulettes. Live dealer tables are available only for Poker, which is incredibly insufficient!
• There are no Game Shows, no Crash Games, Casual Games or Virtual Races, and that makes Crypto Reels even less appealing in our view!

Conclusion

With a lackluster set of payment policies and a tiny amount of games, we don't believe this casino is worth your time or money. Best check out one of the many houses which can offer you a better time listed at the bottom of this article!