Introduction to Coin178.com
Coin178.com online casino is one of a handful of Bitcoin online casinos that has recently opened its doors. It is licensed and regulated by the Office of the Council of Ministers of the Kingdom of Cambodia (reference #146, 10 February 2015). It is owned and operated by the Lucky 89 Casino & Resort as a white label brand. Bitcoin casinos have rapidly gained in popularity, following the regulatory and compliance-related issues faced by players in various gambling jurisdictions. For example, US-based casino players are finding it increasingly difficult to play online casino games for real money since payment processing options are unavailable to them.
This is a direct result of the UIGEA (Unlawful Internet Gambling Enforcement Act) which prohibits US banks and financial institutions from transferring funds to online gambling websites or companies. To circumvent these restrictions, casinos began to adapt their payment processing options to include or to exclusively provide for Bitcoin (BTC) funding. As the premier digital currency, Bitcoin is in a class of its own. There are many inherent benefits to using this cryptocurrency to fund your online casino account at BTC casinos. For starters, there are low or no fees, commissions or transactions processing times with BTC. Additionally, players and casino players get to enjoy the relative anonymity of Bitcoin payment processing options. This means that you don’t need to enter sensitive personal information to register an account, make a deposit/withdrawal or contact customer support. However, as you’re about to find out not all of these facts apply in this case.
Additionally, the beauty of BTC-powered online casinos means that anyone anywhere can play online casino games for ‘real money’. Since Bitcoin is unregulated (it is not controlled by any central bank or government authority), its intrinsic value is not based on any physical storage of commodities like gold. It has value because people give it value. Presently, 1x BTC equates to around $615.61. The total number of Bitcoins to be mined will be capped at 21 million and it is governed by open source code over the Internet. With that said, we can look at the pros and cons of playing ‘real money’ online casino games at Coin178.com.
Our in-house experts have years of experience in BTC casinos and online casino games. We have tested numerous BTC casinos and evaluated them based on myriad factors including: technical operations, registration, gaming, customer service, payments processing, safety and security, regulation and compliance, credibility and other factors. The net result of our in-depth review is included in the paragraphs that follow. We encourage you to carefully read through each component of our review. We have spent hours scouring Coin178 and testing all aspects of this Bitcoin casino. We trust that you will find the following review greatly beneficial.
What Makes Coin178 so Unique?
If this is your first time playing at a Bitcoin casino, you probably have many questions that you’d like answered. For starters, we would like to stress that playing online casino games with Bitcoin is easy, safe and enjoyable. You don’t need to worry about breaking any laws because there are no laws currently against playing online casino games for BTC. Bitcoin casinos like Coin178 operate in a gray area in countries where real money gaming is not permitted, but this online casino is fully licensed and regulated by the Cambodia authorities. With that said, you have full recourse for things like Fair Play, safety and security, and payouts. This online casino is especially popular in Asia since it offers casino, slots games, live casino games and live sports betting. The technology used by Coin178 casino is top-tier. It uses Start Live Casino software, or SLC to power its gaming platform. This is cutting-edge technology which is evident the moment you log on to play live streaming casino games.
Unlike many other Bitcoin casinos and poker rooms, there is not only one payment processing option available to you here. You have access to a wide range of banks including the following: Public Bank, Techcom Bank, Bitcoin, VietinBank, BCA, ICBC, Bangkok Bank, Sacombank, Donga, Vietcombank, Krugthai Bank and others. This indicates that these financial institutions are 100% on board with Coin178.com. Further, it is 18+ certified and it offers a rewarding affiliate program as well. In case you’re wondering how many different currencies and/or cryptocurrencies are accepted, there are 10. These include BTC, RMB, EUR, HKD, IDR, KRW, MYR, THB, USD, and VND. When you deposit 1 BTC, it will be converted into 1000 coins – CNS.
In order to transfer funds into your account, you have 3 banks available to you including Vietnam bank, Thailand bank and Malaysia bank. Each of these banks takes 24 hours to fund your account with a local bank transfer. Your other option is Bitcoin. Now for some rather interesting news when it comes to withdrawals. If you use local bank transfers, the maximum processing time before you receive your funds is 20 minutes for local bank transfers and 24 hours for BTC. And when it comes to fees on withdrawals, there are no fees levied by Coin178 at all.
What about the Gaming Selection?
The focus of this online casino is slots, casino games, lottery games, sports betting and live casino. When it comes to slots games, you have multiple software providers available including the following operators: Golden Tiger Slots Club, Net Entertainment, Aristocratic Club and GSpot Club. Top titles such as Schoolgirl, Chinese Beauty, the Forbidden Legend, the Magic Show, Highway Super King, Alien, Fireflies, Wild Rockets, Evolution, Magic Portals, Egyptian Heroes, Monkeys, 50 Dragons, Lucky 88, Big Ben, Black Bible, Resortboin, You Will Be More and More Hard, Crazy Night, Sunset Safari, Chinese New Year and Cowboy Club are available. We did notice that many of the slots games at Coin178 casino are risqué and definitely 18+.
There are also lottery games including Hong Kong lottery, binary options, Lucky lottery, Keno and others. There is also a diverse range of sports betting options available to players. Sports betting picks include Soccer, Basketball, Baseball, Snooker, Tennis, Volleyball, Handball, Ice Hockey, US Football, 1D games, 2D games, 3D games, 4D games, super combo games, cricket and more. Competitive betting odds are available on all markets. The live casino games are perhaps the best attractions at this online casino. You get to enjoy authentic dealers from secure locations dealing cards or spinning the roulette wheel in real time. Examples of live Casino games include Baccarat, Dragon Tiger, Roulette, Sicbo, Fantan, Xocdia, Tele Bet, Disco Table and others. Note that we did not find any online poker games available at Coin178.com which is somewhat disappointing since many online poker players would benefit from the offerings at this online casino.
Fortunately, if you are a mobile player you will be well pleased with the mobile applications for Android and iOS devices. You can simply scan the QR code, or download the apps for mobile gaming devices. Full instructions are given on how to enable unknown sources on your Android device, and pictures are available for scanning the QR codes too. We found this to be particularly useful for mobile casino players who may be playing for the first time. The range of games available on mobile include Baccarat, Dragon Tiger, Roulette, Belangkai, Xocdia, and Fantan. If it any time you need to get in touch with customer support representatives at this online casino, you can reach agents 24/7. The available languages include English, Vietnamese, Chinese, Cambodian, Turkish, Indonesian and others. Your contact options include 24/7 support in Cambodia and internationally via Skype, messenger, physical address, online contact form and other options. The support reps were helpful and friendly and they got back to us within short order.
How Easy is it to Register Online?
To get started, simply click the registration button at the top of the screen. There you will see all applicable data fields that need to be completed. These include first and middle name, last name, gender, date of birth, username, password, email address, country, , postal address, city/town, contact number, preferred currency and validation code. As you can tell from the above information, this is atypical of online casinos that exclusively cater to Bitcoin players. Even if you select the Bitcoin option from the drop-down menu, you still need to complete the member registration with all of your personally identifiable information. This is one of the things that we found to be less than satisfactory. Typically, Bitcoin casino players should have the option to remain anonymous if they wish to play online. The registration form does not offer this option to players.
What Bonuses and Promotional Offers Are Available?
The promotions are listed under the promotions tab. When you click on it, a live support agent will be waiting to assist you. When you sign on as a new player, you qualify for a $10 bonus on your next deposit. You will need to contact customer support though and they will verify your account and then credit you with the applicable bonus. There are also several other promotional offers available including the $1,500 or 5 Bitcoin welcome bonus package, in addition to the $250 or 0.65 Bitcoin monthly no deposit bonus package. Details of all 3 promotional offers are featured on site under the promotions tab. We advise players to read the terms and conditions of the associated offers. For example, the $1,500 welcome package requires you to wager at least 40 times the deposit + the bonus amount prior to withdrawing any winnings. The $250 welcome bonus requires at least x2 wagering requirement of the bonus before you can withdraw any winnings.
Overall impression of Coin178.com Casino
If this is your first look at a Bitcoin casino, you need to understand that this is atypical. For starters, it is not an exclusive Bitcoin casino which means that there are many notable differences between Coin178 and other operators. The most striking example of this is in the registration form. Bitcoin casinos do not ask you for personally identifiable information such as your real name and address. All that is required is an email confirmation and a Bitcoin deposit. Since this online casino is fully licensed and regulated in Cambodia, it is required by law to be compliant with various protocols. Players must be vetted and age must be verified. This is done to protect the online casino, underage gambling and to protect players too.
We were disappointed to find a shortage of popular casino games like video poker (Jacks or Better, Deuces and Jokers, Deuces Wild, Tens or Better, Multi Hand Video Poker etcetera). Additionally, we did not find any standard poker game such as Omaha hi-lo, Texas Hold’em, Razz, Stud or Caribbean Stud poker. Poker games are hugely popular around the world, particularly in Europe and the US where a huge number of players are eager to get started. That having been said, it has to be borne in mind that this casino is an Asian-based online casino and it effectively caters to its clientele. Looking at the positives of this online casino, we can list the following:
- Fully licensed and regulated by the government of Cambodia
- Generous selection of bonuses and promotional offers
- Broad ranging customer support including telephone, land-based address, Skype, messenger, live chat, online contact form available 24/7
- Multilanguage, multicurrency and multi-deposit/withdrawal options
- Wide range of casino games including live casino games, slots, keno, baccarat, roulette and others
- Superb sports betting platform with multiple sports, top betting odds and bonuses
- Bitcoin friendly
Here are some of the areas of concern for this online casino:
- As a Bitcoin player, you do not have anonymity since you have to complete an in-depth registration form
- There are no poker games on deck including Video Poker, Razz, Stud, Texas Hold’em, Omaha or others
- The range of games is rather limited when it comes to slots, roulette and blackjack. Many of the slots games are a little too racy for standard online casino gaming
The above review of Coin178.com is as comprehensive as you will get. We tested the games for fairness, and found them to be fair. The casino offers many added extras such as a video introduction on the homepage and it is part and parcel of a much larger casino in the country. The pros certainly outweigh the cons in a big way, and our only gripes relate to the lack of poker games and all the personal information that is required to register online. In terms of overall ratings, we consider 6/10 generous given its shortcomings.
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