Item: Crypto Loko
Rating: 5
Author: Gambling Pedia

Overview of Crypto Loko

Crypto Loko casino has had praise from numerous other review sites in the last year, which pushed us to conduct our own review of the casino and establish whether it’s truly the bitcoin gambling haven that it’s rumored to be.

The site was founded in 2021 and features a game selection that spans more than 220 online slot machines, table games like roulette, video poker, blackjack, craps, and baccarat, plus specialty variants like keno, Banana Jones, and Caribbean Stud. The platform itself is powered by iGaming software pioneer Realtime Gaming (RTG), which deploys random number generation software to make sure the game outcomes are fair.

Each game in the lobby is mobile-optimized for Android, iOS devices, and tablets. The software can be downloaded and installed on these devices or on a PC or Mac. Alternatively, players have the option to load up the casino in their browser and access the same games using the Instant Play function. As we would expect with a reputable online casino, the games are frequently audited and tested by facilities such as eCOGRA and GLI (Gaming Labs International) to ensure the casino consistently meets the requirements of fair gaming practices.

As Crypto Loko is primarily a cryptocurrency casino, the payment methods include Bitcoin (BTC), Bitcoin Cash (BCH), and Litecoin (LT), with other currencies like Ethereum (ETH) and DogeCoin due to be added to the website in the coming months. Traditional payment methods like Visa and Neosurf are also accepted. Deposits and withdrawals are free. The money is credited to your bankroll immediately after you transfer the cash from your bank account or digital wallet.

It all sounds good on the surface, but we need to delve deeper if we want to conclude accurately whether this is a site worth recommending to our readers. So, without further ado, let’s find out if Crypto Loko is as splendid as hot cocoa or a complete and utter no-go.

Payment Options at Crypto Loko

As mentioned, the majority of cryptocurrencies are accepted at the casino, along with traditional FIAT currencies. Deposits are free and instant, while processing times for withdrawals can take anywhere between a few hours to a few working days depending on the payment method. Every transaction is protected by SSL encryption technology that the casino deploys alongside complex firewalls and malware to prevent your personal details from being hacked or leaked to unauthorized parties. Here are the top banking methods you can choose from:

Bitcoin
Litecoin
Bitcoin Cash

Crypto Loko states that it will be looking to introduce additional cryptocurrencies to the site soon, but at this moment in time, only Bitcoin, Bitcoin Cash, and Litecoin are displayed as active methods for depositing and withdrawing cash. Each one of these options comes with zero transaction fees and allows you to deposit an unlimited amount of money into your bankroll, with the minimum amount being $20.

For processing times, players can expect their winnings to arrive in their account in as little as 3 hours for the above crypto payment methods. Other conventional banking options, like Visa, Mastercard, and Neosurf, may take up to 72 hours to process. Like most online casinos, Crypto Loko has a maximum cash-out limit of $2,500 per day and up to $10,000 per week.

Prior to receiving your winnings, a withdrawal request must be submitted and then approved by Crypto Loko’s accounts team before the fund are released. Typically, players will be required to fill in some paperwork and provide a form of identification such as a driver’s license, utility bill, or proof of residence.

Should you need any assistance throughout this process, you can contact the casino’s 24/7 customer support team via telephone, email, or Live Chat. The team is extremely friendly, knowledgeable, and committed to ensuring you have the best possible experience. Alternatively, you can refer to Crypto Loko’s dedicated FAQ section for all common queries related to payments, player accounts, games, bonuses, or the casino in general.

Crypto Loko Casino Selection

Now onto the best part about Crypto Loko: the casino games! Slots make up the bulk of Crypto Loko’s collection, which is expected. These games range from 3-reel classic-style fruits and 777s machines, 5-reel video slots with bonus rounds, and progressive games with mammoth-size jackpots to play for. Players are able to filter slots by A-Z, Z-A, newest to oldest, oldest to newest, popularity, and jackpot size.

You’ll discover top favorites like Gem Strike, Khrysos Gold, Achilles, and Lucky Tiger, alongside a full range of old and modern slots that house prizes like multipliers, free spins, stacked wilds, scatters, mini, minor, and grand jackpots, plus other unique and exciting bonus features that add weight to your bankroll and make the gameplay that much more enjoyable.

As for the table and specialty games sections, you’ll find all the typical categories, including blackjack, baccarat, craps, roulette, keno, and multiple versions of video poker. Each one is available to play for real money and for free (as are the slots), and players can also filter these games alphabetically, by release date, and by popularity. Some of Crypto Loko’s most-played table game variants include Perfect Pairs, Tri Card Poker, European Roulette, and Jackpot Poker.

Unfortunately, the casino does not offer any live dealer versions of the above games, though it is possible they may look to include a dedicated tab for this in the near future. We do hope that this is the case, as almost 80% of the online casinos we review currently have a live dealer casino available, and the high demand means that Crypto Loko could be missing a trick here if it doesn’t look to incorporate these types of games into its lobby at some point.

Bonuses at Crypto Loko

In all honesty, we were quite disappointed by the lack of offers on Crypto Loko’s promotions page. Speak to any online player, and they’ll tell you that one of the biggest incentives for joining a casino is the bonus deals. While it claims to have new bonus deals every week, at current, there is only one active deal for new customers: a 100% Welcome Bonus with 105 Free Spins. This is certainly a generous offer, but most online casinos feature a variety of bonuses to choose from according to the types of games they want to play and how much they want to deposit.

On top of this, the wagering requirements for bonuses at Crypto Loko are high. A 40x wagering requirement applies to all slots and keno games, while a 60x wagering requirement applies to table games and video poker. This isn’t anything unusual, but we have seen other gambling sites offering much more competitive deals with far more reasonable bonus terms.

If Crypto Loko wants to stay ahead of the market, we hope that it will consider lowering these requirements or at least compensate for them by adding additional bonus offers for both new AND existing players in the future.

VIP Program

Crypto Loko doesn’t currently have a VIP program, however, it does allow players to earn comp points in the form of “Lokos” - coins that can be earned and collected for every bet the player makes. These coins can be used as real money to spend at the casino at a later date. Players can also get up to 30% back in insurance losses.

Final Thoughts On Crypto Loko

We definitely see potential in Crypto Loko. As a casino that caters mostly to the crypto crowd, it’s got some headway when it comes to payment methods and withdrawal limits. The fact that these transactions are free and instant puts them at an advantage over casinos that charge processing fees and take weeks to pay out. That being said, the bonuses are scarce, and the offers that are available are only designed for new players. Even though they claim to promote “new bonuses every week,” we hope they will rethink their rewards system by displaying a few more deals that existing players can redeem as well.

As for the games, we had no qualms with what the casino offers. Apart from having no live dealer options, there is a fair amount of games available to suit the needs of every player. The platform itself is modern and secure, looks great on mobile, and is not congested with unnecessary banner ads or pop-ups—which is a breath of fresh air.

All in all, we have to remember that Crypto Loko is still a young casino, and we’re sure there is plenty of room, time, and opportunities for it to become the awesome bitcoin casino it is destined to be. Watch this space!