Cryptocurrency is now a mainstream payment option at international bookmakers accessible to Irish players. For bettors comfortable holding and transacting in crypto, it offers the fastest withdrawal speeds available — often under an hour from request to wallet. It also avoids the bank-level scrutiny that large transfers from betting sites occasionally attract. This guide covers which cryptocurrencies are accepted at our recommended foreign bookmakers in 2026, how to make deposits and withdrawals, and the Irish tax considerations relevant to crypto betting.
Supported Cryptocurrencies at International Bookmakers
The range of accepted cryptocurrencies varies significantly between bookmakers. All of our recommended international bookmakers accept at least Bitcoin (BTC). Most also accept Ethereum (ETH) and USDT. Crypto-native operators like Vave support the broadest range including Litecoin, Dogecoin, Ripple, and multiple stablecoins.
Most commonly accepted cryptocurrencies
- Bitcoin (BTC) — the most widely accepted; slower and higher fees than alternatives
- Ethereum (ETH) — widely accepted; faster than BTC but gas fees can be significant
- USDT (TRC-20) — Tether on the TRON network; fastest and cheapest for transfers
- Litecoin (LTC) — fast and low fees; accepted at most crypto-friendly bookmakers
- USDT (ERC-20) — Tether on Ethereum; higher fees than TRC-20 but more widely available
How to Deposit Using Crypto at a Foreign Bookmaker
The process for depositing cryptocurrency at an international bookmaker is straightforward once your crypto wallet or exchange account is set up. Navigate to the deposit section of your bookmaker account, select your preferred cryptocurrency, and the bookmaker will generate a unique wallet address for your deposit. Send the specified amount from your wallet to that address. Confirmations typically take 1–15 minutes depending on the blockchain and network congestion. Once confirmed, funds are credited to your betting account balance.
Minimum deposit amounts at crypto-accepting bookmakers vary but are generally modest — the equivalent of €10–€20 is typical. Some bookmakers, including Vave, have no stated minimum for crypto deposits.
Ready to bet on international markets?
Betlabel offers Irish players competitive odds, fast EUR withdrawals, and a wide range of sports markets — with no account restrictions.
Visit Betlabel 18+ | Gambling involves risk | Play responsiblyCrypto Withdrawal Speeds
Crypto withdrawals are the fastest end-to-end option available. Once you submit a withdrawal request, the bookmaker's processing time is the only variable — typically minutes to one hour at the fastest operators. Once sent, the transaction arrives in your wallet within 10–30 minutes for USDT/TRC-20, and within 30–60 minutes for Bitcoin depending on mempool congestion. There are no banking intermediaries and no bank-side processing delays.
Bookmaker Crypto Comparison 2026
| Bookmaker | BTC | ETH | USDT | Withdrawal Speed |
|---|---|---|---|---|
| Vave | Yes | Yes | Yes (TRC-20 & ERC-20) | Under 30 minutes |
| MrXbet | Yes | Yes | Yes (TRC-20) | Under 1 hour |
| Betlabel | Yes | Yes | Yes | Under 1 hour |
| 22bet | Yes | Yes | Yes | 1–4 hours |
| 20bet | Yes | Yes | Yes | 1–4 hours |
| GranaWin | Yes | Yes | Yes | 1–4 hours |
| Maxibet Casino | Yes | Yes | Yes | 2–6 hours |
Irish Tax Considerations for Crypto Betting
Betting winnings in Ireland are not subject to income tax regardless of whether you bet with crypto or euros. However, cryptocurrency itself is a taxable asset under Irish Revenue rules. If you receive crypto from a betting site and later convert it to euros at a higher value than when you received it, the gain may be subject to Capital Gains Tax (CGT) at 33%. If you convert at a lower value, you may have a capital loss.
For most recreational bettors who deposit and withdraw in approximately equivalent amounts, the CGT exposure from crypto value fluctuation is minimal. For those holding significant amounts of crypto between bets, this is worth factoring into your record-keeping. Revenue Ireland's guidance on crypto assets is available at revenue.ie.
Related Pages
- Payment methods at foreign betting sites — full overview of all deposit and withdrawal options
- Fastest withdrawal betting sites — how crypto compares to e-wallets and bank transfer
- How to choose a foreign bookmaker — full selection criteria
- Is it legal to use foreign betting sites from Ireland? — legality and licensing explained
Frequently Asked Questions
Which cryptocurrencies can I use for betting?
The most widely accepted cryptocurrencies at international bookmakers are Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Tether (USDT). USDT on the TRC-20 network is particularly useful because transaction fees are very low and transfers are fast. Some bookmakers also accept Dogecoin, Ripple (XRP), and Bitcoin Cash. Vave is the most crypto-native option, supporting the widest range of coins.
How fast are crypto withdrawals?
Crypto withdrawals are the fastest option available at international bookmakers. Once the bookmaker approves the withdrawal request — typically within minutes to one hour — the transaction reaches your wallet within 10–30 minutes depending on network congestion. USDT on TRC-20 is consistently the fastest and cheapest option.
Is crypto betting anonymous?
No — not at licensed international bookmakers. All regulated bookmakers must comply with KYC (Know Your Customer) and AML (Anti-Money Laundering) requirements regardless of the payment method used. You will still need to verify your identity with government-issued ID before withdrawals are processed. Crypto offers transaction privacy between your wallet and the bookmaker, but the account itself is not anonymous.
Do I pay tax on crypto betting winnings in Ireland?
Betting winnings themselves are not subject to Irish income tax or capital gains tax. However, if you hold cryptocurrency and its value increases between the time you received it and when you convert it to euros, that gain may be subject to Capital Gains Tax (CGT) at 33%. Revenue Ireland has published guidance on crypto asset taxation. If in doubt, consult a tax professional.