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Crypto Casino: Can You Make a Cryptocurrency Deposit in Switzerland?

Cryptocurrencies have experienced significant growth worldwide in recent years: Bitcoin, Ethereum, Dogecoin, Tether, USD Coin... The variants are endless, but are the world of crypto and casinos compatible in Switzerland? Questions arise: can you use Bitcoin to play at the casino? Can you use Ethereum to play at the casino? Among the welcome bonuses or deposit bonuses on online slots at GAMRFIRST, is it possible to receive BTC, ETH, or any other blockchain-linked digital currency? The answer is no: it is impossible to combine crypto and casino in Switzerland. The regulations prohibit cryptocurrencies.

Discover everything you need to know about these rules throughout this page, as well as about the various alternative methods to fund your GAMRFIRST account, using your credit card, Apple Pay, Paysafecard, and many more. We explain everything!

Cryptocurrencies and Online Casinos in Switzerland

In Switzerland, unlike sports betting, it is currently strictly forbidden to deposit cryptocurrencies into an online casino account: crypto and casinos do not mix well, unfortunately!

This is despite the growing, but parallel, popularity of both crypto and casinos in recent years. Everyone has probably heard of some of the most popular cryptocurrencies, like Bitcoin (BTC) or Ethereum (ETH).

However, the legal ban that applies in Switzerland regarding crypto and casinos remains, for now, unchanged. It is therefore impossible to combine crypto and casino. You are not allowed to play at the casino with Bitcoin, receive BTC bonuses, play with Ethereum, or any other cryptocurrency.

As we have understood: no crypto casino with GAMRFIRST and its Swiss machines. However, you have many other payment methods available: Visa/Mastercard, Apple Pay, PostFinance Pay, Paysafecard, TWINT... The absence of a crypto casino is therefore not an issue for you to play on our online slots or our classic digital table games: poker, roulette, blackjack, baccarat...

The Most Popular Cryptocurrencies

As a reminder, cryptocurrencies (or cryptodevises) are electronic currencies issued without the intervention of banks or central banks. Their operating principle is based on blockchain technology, a data storage and transmission system that traces the history of all exchanges made between users, from its creation.

At its core, transparency, security, and decentralization are the key principles. This is what makes these digital currencies so successful! As we saw, crypto casinos are impossible in Switzerland: let's still take a look at the existing cryptos today to help you understand this concept better.

Bitcoin

Bitcoin is the most well-known cryptocurrency in the world, and probably also the most widespread. BTC was created in 2008 by an anonymous individual or group under the pseudonym Satoshi Nakamoto. It is also this person/group who designed the first blockchain in the world.

At first, the concept was popular only among a small community of enthusiasts. However, Bitcoin's rise over the years to the present day has truly laid the foundation for the cryptocurrency universe as we know it today.

Some of the first investors who placed small amounts in Bitcoin at the beginning of its existence are now millionaires, or for the luckiest among them, billionaires! Yet, today, casinos and Bitcoin are incompatible in Switzerland.

Ethereum

Younger in the history of this sector, Ethereum, or rather Ether, is now the second most important cryptocurrency. Ethereum itself is a digital platform or protocol for decentralized exchanges that extends the blockchain to other uses beyond cryptocurrency, such as creating smart contracts.

The unit of account, Ether, is the cryptocurrency used within the Ethereum protocol. The platform was created in 2015 by Canadian programmer Vitalik Buterin.

Other Cryptos

  • Dogecoin (DOGE): Created in 2013, this cryptocurrency is inspired by Internet memes. It is often used today as a reward for charitable works or content creation.
  • Tether (USDT): Created in 2014, this coin is part of what are called "stablecoins" (or stable cryptocurrencies), which seek to stabilize their value by aligning with another external market value (another cryptocurrency, fiat money, precious metals, etc.). USDT is pegged to the US dollar and corporate loans.
  • Cardano (ADA): An open-source blockchain launched in 2017 by Charles Hoskinson, co-founder of Ethereum, to develop decentralized applications.
  • Solana (SOL): Created in 2017, the SOL currency is one of Ethereum’s main competitors.
  • USD Coin (USDC): The US Dollar Coin is another stablecoin, initially pegged to the dollar until 2023. This currency was created in 2018.

How to Make a Deposit on Your GAMRFIRST Online Casino Account?

As mentioned several times, no crypto casino with GAMRFIRST. However, the absence of a crypto casino does not mean you can't make deposits on your account using other methods! Here's an overview of alternatives to the crypto casino in Switzerland.

Making a Deposit with TWINT

The payment method TWINT connects your bank account to the Prepaid TWINT application.

You log into your GAMRFIRST account, then select the TWINT payment method. Enter the desired amount and click on “deposit.” After that, simply open the mobile app, scan the QR code (or use a payment code), and confirm the payment.

Making a Deposit with Paysafecard

To make a deposit with Paysafecard, log into your GAMRFIRST account, then:

  • Click on the “deposit” tab;
  • Select “Paysafecard” from the available options;
  • Enter the desired deposit amount;
  • Enter the 16-digit PIN in the dedicated box.

The deposit is processed immediately, with no further action needed on your part. Paysafecard is a prepaid payment method that simplifies your transaction.

Making a Deposit with PostFinance Pay Card

The first thing you need to do is create an account with PostFinance Pay. Once done, the process on our platform is relatively simple:

  • Log into your account;
  • Click on the “deposit” tab;
  • Select “PostFinance Pay” or “PostFinance Pay e-finance”;
  • Enter the deposit amount;
  • Enter the necessary security information;
  • Confirm your payment.

Making a Deposit with Apple Pay

With Apple Pay, the first requirement is to have an Apple device, whether it's a smartphone (iPhone), a computer (iMac), a tablet (iPad), or a smartwatch (Apple Watch). To make a deposit on GAMRFIRST, the operating system version must be iOS 9.x or later. Afterward, you need to add your credit or prepaid card to the device's Wallet app by following these steps:

  • Open the Wallet app (native on the device);
  • Click on the “+” button at the top right of the screen;
  • Choose “credit or debit card”;
  • Scan your card;
  • Verify the information;
  • Enter the expiration date and security code;
  • Accept the terms and conditions after reviewing them;
  • Confirm the operation.

You can then make a deposit with Apple Pay:

  • Log into your GAMRFIRST player account;
  • Click on “deposit”;
  • Select Apple Pay;
  • Enter the deposit amount;
  • Confirm;
  • In the pop-up window, choose the card from your Wallet you want to use.

The transaction is immediate, with no further steps required. You can start playing!

Making a Deposit with VISA or Mastercard

To make a deposit with your VISA or Mastercard, all you need is:

  • The 16-digit number on your card;
  • The expiration date;
  • The 3-digit security code on the back (also called CVC or CVV);
  • The cardholder's name (your name).

By entering this information, you will be able to deposit the desired amount into your GAMRFIRST account. This method is quick, easy to implement, and secured by the 3D Secure protocol: in practice, you will be redirected to a page from your bank to confirm your transaction.

Now you know everything about the regulations in the crypto and casino world, so don't hesitate to start with the other ways to fund your GAMRFIRST account. It’s your turn to play and try to win multipliers, free spins (free spins), or other bonus features by exploring the thousands of online casino games in our catalog! However, always remember that gambling should remain a form of entertainment, and responsible gaming is essential to keep control over your gaming sessions.