A Look at Cryptocurrency Trading, iGaming & Regulation in South Korea
February 24, 2021
South Korea is among the countries at the forefront of cryptocurrency adoption. What is the current state of cryptocurrency in South Korea?
Casino360 launched in 2020 as an online casino and sportsbook operating in selected countries with an online gambling license from Curacao. It is owned by ELI – TECH DEVELOPMENTS LTD and operated by Abudantia B.V. While still new when we wrote our full Casino360 review, it looks to offer a complete package at a glance.
For instance, its casino features a big portfolio of games, while its sportsbook covers a variety of sports and sporting events to bet on. It also has a live casino section to complete the ideal online gambling experience. Complementing these are the Casino360 bonus deals beefed up by its own loyalty program. And if bonuses are not enough treats for you, then do check out their affiliate program and become a Casino360 affiliate to earn 25% to 40% revenue share monthly commission or receive income from CPA and Hybrid models.
But one of the things that give Casino360 an edge over other online casinos launched during its time is that it accepts Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Ripple (XMR). As a Bitcoin casino, Casino360 easily taps the growing crypto gambling market. However, accepting Bitcoin alone does not and will not make it one of the best. Fortunately, its customer support is above decent, giving players easy ways to contact Casino360 support through live chat and email. Even better is the moderate speed by which agents reply on live chat. To know more about this casino and sportsbook, continue reading our full Casino360 review.
If you are looking for a wide array of Bitcoin casino bonus deals, then you may get disappointed with the Casino360 bonuses. Why? There are only three general bonuses up for grabs:
Worse, the Casino Welcome Offer and Sports Welcome Offer are available only to those who make a first deposit using either AUD or CAD. This means that if you are using any of the other fiat currencies or even cryptocurrencies the casino accepts, then you cannot claim and enjoy these welcome bonus offers.
But what is even more surprising is that the $1080 Casino Welcome Offer requires the bonus amount to be wagered 50 times on qualified casino games. The 100% Sports Welcome Offer, on the other hand, requires a 10x wagering requirement on the bonus amount.
AUD or CAD casino depositors, meanwhile, will enjoy the welcome offer during their first three deposits, specifically the following:
As for the Casino360 Loyalty Program, you will find five levels, each with corresponding bonuses. Players can level up their status by earning more points, which is done by placing more wagers on casino games or sports. You can get free spins, reload bonuses, free bets, and other promos.
|Fiat||EUR, USD, CAD, AUD, TRY|
|Cryptocurrency||BTC, LTC, XRP, ETH|
|Minimum Deposit||5 EUR / 10 TRY|
|Minimum Withdrawal||20 EUR / 100 TRY|
|Restrictions||Aruba, Belarus, Belgium, Curacao, France, Israel, Italy, Netherlands, Spain, Sweden, Switzerland, Ukraine, United Kingdom, United States|
Affiliate Name: Casino360
RevShare: 25% - 40%
Casino360 does give a 360 feel with its online casino, sportsbook, and live casino sections that work on computers and mobile devices. It features over 1,000 RNG casino games, composed mainly of online slots, live casino table games, keno, lottery, and card games. The live casino games feature several versions of table games, including dice, keno, and more. Even better is that these RNG and live casino games are developed by some of the big names in iGaming.
Complementing the casino sections on Casino360 is an intuitive sportsbook platform that allows you to conveniently bet on sports with Bitcoin, as well as bet on esports. You can place pre-match bets and enjoy sports betting in real-time with in-play betting. You can also change the odds format from European to American, Hong Kong, Indonesian, and Malaysian. Casiino360 sportsbook covers soccer, basketball, tennis, motorsports, and more. For esports, you can bet on League of Legends, Overwatch, StarCraft 2, Call of Duty, CS:GO, and Dota 2. Virtual sports betting is also available.
Casino360 accepts both fiat money (EUR, USD, CAD, AUD, TRY) and cryptocurrencies (BTC, LTC, XRP, ETH) for deposits and withdrawals. It supports only a few payment options, though, whose availability depends on the country.
The minimum deposit this casino accepts is 5 EUR or 10 TRY or the equivalent in other currencies using the payment options listed below. The max amount you can deposit using credit cards is 15,000 TRY, while the max is 200,000 TRY for crypto deposits. Deposits are processed immediately.
When it comes to cashing out, Casino360 requires a minimum amount of 20 EUR or 100 TRY or the equivalent in other accepted currencies. The monthly withdrawal limit is 50,000 EUR, while the transaction limit for cryptocurrency withdrawals is 5,000 TRY. Withdrawal from this casino can take longer, as you should wait at least up to 24 hours to have your request processed. If unlucky, you should wait up to seven business days for your withdrawal to be approved.
Concluding whether Casino360 has a trustworthy or a questionable reputation is too early as it has only been months at the time of writing our Casino360 review that this casino began operations. But right off the bat, you can see that it has a huge room for improvements. What it can do is add more reputable game providers like Microgaming and NetEnt to name a few. It also needs to improve its bonus section as there are not enough Casino360 bonus deals on board. More importantly, it needs to come up with bonuses that require lower wagering requirements. It is bad enough that the welcome bonuses are only available for CAD and AUD players, but worse is that the wagering requirement for the casino welcome bonus is 50x. In contrast, Casino360 offers demo games, a loyalty program, and esports betting. Plus, it accepts four cryptocurrencies. What you can do if you want to check out Casino360 is to deposit a small amount first and see where you want to take your adventure to next. Casino360 is not the best, nor is it the worst. But it would be great to see necessary improvements moving forward.
Have you played in this online casino? Share your own Casino360 review below!
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