Coinplay Review 2022 - Is It a Safe & Legit Casino?

Coinplay

Cryptocurrencies are proving ever more popular in the world of online betting due to their speed and convenience. The decentralised and accessible nature of crypto means that it can be deposited and withdrawn instantly, rather than waiting up to three days for a bank transfer. Crypto users also stay in control of their funds, as there are no banks to block payments and no intermediaries to add fees.

Coinplay has been providing crypto sportsbook and casino services for more than five years. The user-friendly platform provides betting on sports, esports, live casino, games, and slots, offering its users higher odds than other betting platforms. It supports more than 40 cryptocurrencies, and you can even get a 100% welcome bonus on your first deposit of up to 5,000 USDT.

Table of Contents

3 Steps to Sign Up to Coinplay

  1. Create an account: Click the “Register” button in the top right of the website. Fill in your email address and password in the pop-up form and accept the terms and conditions. Alternatively, you can use a social media account to register.

  2. Make a deposit: Click the “Deposit” button, choose a cryptocurrency, and then transfer your coins to the wallet address displayed onscreen. If you don’t have any crypto yet, you can click “Buy crypto”, choose one of the options, and follow the instructions to make a purchase.

  3. Start betting: Your crypto should reach your account very quickly as deposits are processed instantly. You can then click on the Sports, Esports, or Casino tab, choose something to bet on, and place a bet.

Coinplay Pros & Cons

Pros

  • User-friendly interface
  • Some of the highest crypto betting odds on the market
  • Fast and simple registration process
  • Welcome bonus
  • Deposits and withdrawals are fast and free
  • 40+ cryptocurrencies supported
  • Available in more than 60 languages
  • End-to-end encryption and 2FA
  • 24/7 multilingual customer support

Cons

  • No fiat deposit options
  • Not available in the US, France, or the Netherlands

Coinplay Compared

Coinplay offers some of the best odds on the market when it comes to crypto sportsbook betting, and the platform is designed to suit both newcomers and experienced bettors. If, however, you can’t find the game you want on Coinplay, there are a number of worthy alternatives that you can check out.

The History of Coinplay

Coinplay has an impressive history. In more than five years of operation, the crypto sportsbook site has protected its users and their funds from hacks and cybercrime, and has received positive feedback from customers throughout that time.

Coinplay is owned and operated by Envision Digital N.V. Since its launch, Coinplay has added hundreds of games, added support in more than 60 languages, and launched a mobile version of the platform. It has also formed partnerships with companies such as Coinzilla, Bitmedia, and TelecomAsia.

Regulation and Security

Envision Digital N.V., the company that owns and operates Coinplay, is registered under the laws of Curaçao (registration number 140286), and is regulated and licensed by Antillephone N.V. (license no. 8048/JAZ2016-046). VINIAMER LIMITED, a wholly-owned subsidiary of Envision Digitial N.V., is registered in Cyprus (registration number HE404868).

As a relatively new industry, crypto is lacking regulation in many places, with some countries even stifling innovation with anti-crypto laws. For this reason, many crypto businesses register and base their operations in progressive jurisdictions with crypto-friendly laws, like Curaçao and Cyprus.

Is Coinplay Safe?

Safety should be one of your top priorities when selecting a crypto sportsbook platform, as you want to know that your funds will be kept safe. Coinplay has a strong track record as it has always protected users’ funds from hacks and cyber attacks. All transactions on Coinplay are fully transparent and can be tracked on the blockchain.

The platform has strong security features to prevent unauthorised access to your account. End-to-end SSL encryption is used to protect your data, a confirmation code is required when logging in from a new device or IP address, and you can set up two-factor authentication and security questions.

Does Coinplay Provide a Provably Fair Gaming System?

Coinplay states that it fulfils the criteria of a “safe and fair” casino as it pays out all legitimate winnings and doesn’t engage in any deceptive practices. It also makes sure users only create one account and adhere to all limits and rules to ensure they don’t harm their own interests or those of other users.

Coinplay always uses a random number generator to determine the result of casino games (apart from live casino games) to ensure their integrity. The system it uses is industry standard and has been thoroughly tested by running and analysing thousands of games to ensure consistent randomness. 

Fees and Costs of Coinplay

Coinplay doesn’t charge any fees for deposits or withdrawals, so you get to keep 100% of your profit. However, when transferring crypto between your private wallet and your Coinplay account, there will be blockchain network fees. The amount of these fees depends on the cryptocurrency you use. For example, the fees are very low when using Avalanche, but can sometimes be pretty high when using Bitcoin.

Betting Options Available on Coinplay

Coinplay provides a wide variety of crypto sportsbook and casino options, including slots, card games, live casino, sports, and esports. You can easily navigate to your chosen category and see which options are popular with other users.

Sports

The sportsbook options available on Coinplay are extensive. In the pre-match section, you will find a wide variety of sports to bet on. These include the most popular sports, like football, basketball, tennis, golf, and American football, as well as more obscure sports, such as Basque pelota, chess, martial arts, kabaddi, and hurling. You can even bet on non-sporting events, like the weather, politics, and cultural events.

If you have favourite leagues that you want to be able to navigate to quickly, you can add them to the “Top championships” widget. You can also find a daily selection of the top matches on the left menu under the “Top championships” widget. You can even customise your display in your Account Settings by pre-selecting the sports you want to bet on and hiding others.

Coinplay offers all the main betting markets, such as outcome, total, correct score, handicap, and double chance. In addition to these options, you can bet on statistical markets, like goalscorers, corners, offsides, shots, and cards.

Coinplay really stands out from the competition when it comes to the useful information provided on the event pages. Users can access full preview data on a range of things, including the current form of the teams, championship standings, recent results, head-to-head stats, and even the expected weather for the time of the event.

Most of the pre-match betting markets are also available for live betting. What’s more, some events have live video broadcasts that users can watch through Coinplay. You can even customise how the video player is displayed.

Esports

With the growing popularity of esports tournaments, Coinplay caters to esports fans as well, making it simple to find the specific matches you like under the esports menu. You can easily place pre-match esports bets in the same way as betting on traditional sports. The most popular esports disciplines are available on Coinplay, including CS:GO (Counter-Strike: Global Offensive), Dota 2, League of Legends, Valorant, Starcraft II, Rainbow Six, Overwatch, and Call of Duty.

You can also bet on ongoing matches in the Live section. There are livestreams available for most matches, which users can watch through Coimplay on the same screen where they place their bets. There are specific markets available for each discipline, such as “Pistol round” bets for CS:GO, and Creeps, Aegis, and Roshan bets for Dota 2.

Games

Coinplay aims to make crypto gambling games more fun. As well as the classic card games, you will find a variety of unique games with different mechanics, some of them inspired by popular films and TV series. There are more than 130 games to choose from, and the most popular options include 21, Lucky Wheel, Apple of Fortune, Fruit Blast, and Solitaire.

Slots

There is plenty of choice when it comes to slots on Coinplay, with more than 3,000 options to keep you entertained, offering different designs and mechanics. They include the classics, the latest video slots, and Bitcoin jackpot slots. Favourite slot games among users include 777, Big Wild Buffalo, and Explorer’s Gold.

The “Buy bonus” category provides an opportunity to get some great prizes, as you can buy bonus spins while playing slots. There are also free-to-play slots that are available without even registering, providing a great way to get familiar with the platform before making a deposit.

Live Casino

The live casino games on Coinplay give you a chance to enjoy the live casino experience from the comfort of your own home or while on the move with your mobile device. There are more than 300 live tables available, offering a variety of games and dealers. Roulette, blackjack, baccarat, and poker are some of the most-played games in the live casino.

Users can be confident in the fairness of the game as they can view the live broadcast of the dealer. There are also game shows reminiscent of famous TV shows in the live casino, with popular games including Mega Wheel and Lightning Roulette.

Banking and Crypto Deposits

There are no fiat deposit options available on Coinplay as all deposits and withdrawals are made with crypto. Coinplay doesn’t charge any fees for deposits or withdrawals, but there will still be blockchain network fees to pay that vary according to the cryptocurrency used.

You can make deposits in 40+ cryptocurrencies, including Bitcoin, Ethereum, Tether, USD Coin, Solana, Avalanche, Litecoin, Binance Coin, Binance USD, Dogecoin, Tron, and Chainlink. You can also bet with different cryptocurrencies simultaneously using a multi-currency account.

Promotions and Bonuses

Coinplay aims to attract new users and satisfy existing customers with a range of offers. The platform’s welcome bonus is particularly attractive. New users receive 100% on their first deposit up to 5,000 USDT. They will additionally receive 40 free spins.

The platform also provides cashback. You can earn cashback on every settled pre-match and live sports bet you place, as well as on every bet you place on games in the casino section.

Other offers that Coinplay users can take advantage of include promo points for placing bets, 100% bet insurance, and valuable prizes every week.

Conclusion: Should You Play on Coinplay?

With over five years of experience and a strong track record, Coinplay has established itself in the crypto sportsbook and casino industry as a trusted platform that provides a safe and fun environment for its users.

The variety of betting options and games on offer is considerable and innovative. It spans sports, esports, card games, slots, and live casino, including classic favourites and new and obscure opportunities.

Coinplay beats many of its competitors by offering some of the highest crypto betting odds on the market, and the platform is designed to be user-friendly for both newcomers and experienced users.

The 100% welcome bonus offer makes Coinplay a particularly attractive choice for anyone looking to place bets with crypto, and if you have any questions, you can reach out to Coinplay’s helpful customer support team at any time.

Frequently Asked Questions

Is it safe to leave my crypto on Coinplay?

Coinplay claims to have protected users’ crypto from hacks and cyber attacks for more than five years. However, player accounts on Coinplay are not insured or protected by any banking insurance system, so users will have no recourse to claim compensation if their crypto is lost or stolen.

Is Coinplay available everywhere?

Coinplay is available in most countries, but in jurisdictions where online gambling or crypto gambling is illegal, the website may be blocked.

Are there any restrictions on the welcome bonus?

You must register as a new customer and make a deposit worth at least 20 USDT to be eligible for the welcome bonus. The maximum bonus amount is 5,000 USDT, and to receive the bonus, you must wager the deposit amount 40 times within 30 days of depositing.

Is Coinplay a scam?

Coinplay appears to be a legitimate platform, but you should always do your own due diligence before depositing any funds to a new platform. Coinplay boasts a strong track record and positive reviews on Trustpilot.