Cryptocurrency Payments at Richroyal

Crypto occupies an odd position in German gambling. The Glücksspielstaatsvertrag of 2021 regulates operators and stakes, not coins, so nothing in the statute mentions USDT or Litecoin at all. What the statute does is decide which platforms may serve German players in the first place, and that is where a crypto cashier becomes relevant: the platforms that accept it are, almost without exception, the ones licensed outside the whitelist published by the Gemeinsame Glücksspielbehörde der Länder. Richroyal is one of them. This page explains how its crypto routes work and what they do and do not change.

Which coins the cashier actually monitors

Three assets are listed: USDT on the TRC-20 and ERC-20 networks, Litecoin, and Bitcoin. The distinction between a stablecoin and the other two matters more than most players expect. USDT is pegged to the US dollar, so the euro value of a deposit barely drifts between sending and playing. Litecoin and Bitcoin float, which means a balance can gain or lose real purchasing power purely from market movement while it sits in the account. Neither behaviour is a fault; they are simply different instruments, and choosing between them is a decision about whether a reader wants price exposure on top of gambling exposure.

The network label is the part that causes irreversible mistakes. A deposit address generated for TRC-20 is not the same object as an address for ERC-20, even where the string looks superficially similar, and a token sent on a chain the cashier does not watch simply is not seen. The rule is mechanical: copy the address from the cashier at the moment of sending, select the identical network in the sending wallet, and send a small test amount the first time.

Timings, floors and the weekly ceiling

Item	Value
Minimum deposit	about 25 € in coin equivalent
Minimum payout	15 €
Deposit credited	after the required network confirmations
Payout review	up to 24 hours, up to 48 hours the first time
Payout after release	USDT and Litecoin up to 6 hours
Weekly payout ceiling	up to 4.000 €
Operator fee	none stated; the network fee is charged by the chain

The roughly 25 € floor exists because a network fee is levied per transaction, not proportionally. On a 10 € transfer that fee is a meaningful percentage; on 25 € it is noise. The floor is expressed in euro but paid in coin, so the exact quantity to send changes with the rate.

What crypto does not remove

A recurring assumption is that paying in coin makes an account anonymous. It does not. The identity obligation sits on the operator under European anti-money-laundering law, so the same document set is required before a payout is released: an identity document, a current proof of address, and confirmation that the wallet used belongs to the account holder. What genuinely changes is visibility: a crypto transfer does not appear as a gambling line on a German bank statement, which is a privacy difference rather than a legal one. Anyone using that property to hide spending from themselves has identified a problem rather than solved one, and the neutral place to check is the BZgA campaign Spielen mit Verantwortung together with its Check dein Spiel self-test.

The protections that a crypto cashier signals are absent

Because the accepting platforms sit outside the German permit system, the whole statutory apparatus is missing, and it is worth naming it item by item. A whitelisted anbieter caps the stake of a virtual slot spin at 1 €, enforces a five-second gap between spins, disables autoplay, offers no jackpots, provides a panic button that suspends the account for 24 hours, feeds the LUGAS file that holds a shared 1.000 € monthly deposit ceiling across all German operators, blocks parallel sessions, and queries OASIS, the nationwide exclusion register kept by the Regierungspräsidium Darmstadt, where a self-exclusion runs for at least three months. It also remits 5,3 percent of every stake as tax. None of that reaches a coin sent to an offshore-licensed cashier. The voluntary substitutes are described on the self-exclusion page and the responsible gambling page.

A sensible first transfer

Send the smallest amount the cashier allows, wait for it to appear, and only then move a real sum. Keep the transaction hash, because on a blockchain that string is the complete and public record of what happened, and it is the only thing support needs to locate a transfer. Withdraw to the same wallet that funded the account, since a different destination triggers a manual review. And remember that the return leg is quoted in euro and converted at the rate of that moment, not at the rate of the deposit, which is precisely why a stablecoin is the calmer choice for anyone who wants the payout to equal the number they saw on the balance.

Questions and answers

Which network should USDT be sent on?

Only the one the cashier displays for that particular deposit address, which in practice is TRC-20 or ERC-20. TRC-20 costs less and confirms faster, ERC-20 is more expensive but more widely supported by exchanges. Sending the token on a third chain to an address generated for one of these two puts the transfer somewhere nobody is watching, and no support desk can retrieve it.

Does crypto make gambling anonymous?

No. The account still has to pass the same identity check before a payout is released, because the obligation attaches to the operator, not to the payment instrument. What changes is that the transaction does not appear on a German bank statement. The account file, the documents and the payout review are exactly the same as for a card.

Why is roughly 25 € the practical minimum?

Because a network fee is charged per transaction rather than per euro. On a very small transfer that fee can swallow a noticeable share of the amount, so the cashier sets a floor that keeps the arithmetic sensible. The floor is quoted in euro but settled in the coin, so the exact quantity moves with the exchange rate at the moment of sending.

What does the exchange rate do to a balance?

The account is denominated in euro, so a coin is converted on arrival and converted back on payout. A stablecoin such as USDT tracks the dollar and moves little, while Bitcoin and Litecoin can be worth measurably more or less between deposit and withdrawal. Anyone who dislikes that second layer of price risk is better served by Trustly or a SEPA transfer.

See the crypto section

Author: Malte Brenninger, editor for gambling regulation and payments. 18+.