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BitcoinPenguin Review

Updated: November 16, 2018

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The new wave of online casinos brought along a distinct betting action to the iGaming community. By combining the efficiency of crypto transactions to the fun and gripping betting action of online casinos, crypto betting sites are one of the ideal betting destinations online.

One of the names riding this current is BitcoinPenguin—a crypto-only betting site powered by Softswiss. The betting site does not state any information about its gaming license. However, several credible online casino reviews claim that it runs under the gaming laws of Costa Rica.

Meanwhile, the fast and convenient nature of cryptos reflects on several areas of the betting site. For starters, navigating the site is a breeze, thanks to its simple and organized design. Signing up is just as easy. You can gamble anonymously as you need to provide only your email, password, and preferred currency to sign up.

BitcoinPenguin does not indicate any country restrictions.  Even so, it is your responsibility as a player to check the gaming laws in your area before you sign up. Know more about this betting site in this BitcoinPenguin review.

Bonuses and Promotions

Betting online is more rewarding knowing that there are Bitcoin bonuses up for grabs. Below are the rewards you must anticipate from BitcoinPenguin:

Up to 175% Welcome Bonus

Apart from greeting you with a sleek casino layout, BitcoinPenguin also welcomes you with up to 175% match bonuses, which are divided into your first two deposits:

  • First Deposit Bonus – 100% up to 0.2 BTC
  • Second Deposit Bonus – 75% up to 0.2 BTC + 25 free spins

To get your hands on each reward, your first two deposits must amount to at least 0.0025 BTC each. Keep in mind that to cash out these bonuses, as well as the winnings acquired from them, you need to bet these rewards 45 times.

Deposit Bonuses

If you are already a long-time member of the casino, you could still enjoy some reload rewards. If you deposit at least 0.0025 BTC on a Monday, you are eligible to get 50% up to 0.2 BTC plus 25 free spins. Meanwhile, topping up your account with the same deposit amount or more on a Friday will give you 25 free spins, playable on popular slot games.

Up to 20% Weekly Cashback Reward

Betting online involves games of chance, which could sometimes lead to losses if Lady Luck is not on your side. In this case, you can count on the betting site’s Monday Cashback Guarantee reward. If you make a deposit on a Monday, and unfortunately lose it all, BitcoinPenguin will reward you with up to 20% cashback. If you make multiple deposits and lose them all, the cashback rate will apply your biggest deposit.

On top of boosting your stash with these rewards, another way to earn extra funds is by joining on-going slot tournaments. The betting site’s affiliate program also offers appealing rewards. Simply promote BitcoinPenguin and get up to 50% revenue share.

Casino Details

Software Provider

Additional Information

CryptocurrencyBCH, BTC, DOG, ETH, LTC
Minimum Deposit0.0003 BTC
Minimum Withdrawal0.0010 BTC
RestrictionsUnited Kingdom, United States

Affiliate Program

BitcoinPenguin Affiliate

Affiliate Name: BitcoinPenguin

RevShare: 50%




Live ChatYes
Email Support
Social Media


Games & Software

BitcoinPenguin offers a game library consisting of 200 titles. The collection consists of titles from the powerhouses in the field like Booming Games, Ezugi, and BGAMING. The betting site also claims that its games are provably fair.

Slots dominate the list with a variety of titles in different sizes, themes, and jackpots. Player favorite card games like blackjack, roulette, and baccarat are also available in RNG and live-dealer setup. And if you want to play simply for fun, casual games like Minesweeper, scratch cards, and Keno games got you covered.

Banking Methods

BitcoinPenguin is a crypto-only betting site. That being the case, you should expect all transactions to be done with crypto. It can process payments via BTC, LTC, DOG, ETH, and BCH, courtesy of CoinsPaid. But before making your first deposit or cash out, you must take note of the casino’s transaction limits, payment channels, and more.

Deposit Methods

The minimum deposit amount for deposits in this casino is 0.0003 for BTC. To make a deposit, simply go to the My Account section or click the Deposit bar on the casino lobby. Then, send your deposit to the wallet address indicated.

Withdrawals Methods

Valid cash outs in this casino costs at least 0.0010 BTC. Similar with the deposit process, you can send a cash-out request on the My Account widget.  The casino aims to speed up withdrawal process as much as possible.

Note that you might need to provide some documents to prove your identity. These include a copy of your passport, utility bill, and others. To speed up the process, you can upload these documents on your account beforehand.

Should You Play in this Casino?

BitcoinPenguin does not have any spectacular or groundbreaking aspects. Even so, it still poses as one of the most easy-going and straightforward betting site for crypto gaming. You can play anonymously and enjoy swift banking methods.

However, the limited information in terms of its license and operators is off-putting in terms of player safety. In this case, you are left rely on the big names affiliated to the betting site to somewhat determine its credibility. These include SoftSwiss, Booming Games, and others.


  • 24/7 live chat support
  • Provably fair games
  • Easy transaction process
  • Accepts Bitcoin and other altcoins
  • Allows you to register anonymously


  • High wagering requirement
  • No VIP program
  • Does not accept fiat
  • No live-dealer games
  • Features only a few information about the betting site


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Player Reviews of BitcoinPenguin

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What I like: Betting site is super easy to navigate. Love the clean layout. It’s not overwhelming, unlike other casinos. The live chat agent is very helpful as well. And the bonus offers are quite few are quite few IMO. But the good not a bad start to keep my bankroll healthy.


What I don’t like: I mainly have issues about its terms and conditions. I have to reach live chat support just to know more about the bonus terms for some rewards.



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