crypto is gambling

For most individuals, you can write off your crypto gambling losses — but only up to the amount that you’ve previously won. You can only use gambling losses to offset gambling income, not capital gains or other income. While noting that crypto gambling has become one of the major sectors of the crypto industry, we at Cryptolinks decided to dedicate this review section to the top platforms allowing people to gamble with bitcoin or other cryptocurrencies. To compile https://100pokerbonus.com/ , we had to consider all of the recommendations listed earlier in this guide. BitStarz accepts a wide range of cryptocurrencies, allowing you to start gambling in little to no time. If your crypto balance is running low, you can use the casino's exchange to buy some of the accepted currencies using a credit or debit card. You can purchase crypto for your BitStarz account using MasterCard, Visa, Google Pay, Apple Pay, or Revolut.