A crypto casino marketed as 'no KYC' that documented reviews show demands verification once players win, alongside a licence downgrade and a below-average safety score
Visit CoinCasino →Pros
- Large game library (4,000+) from top-tier providers
- Broad cryptocurrency support (21 currencies)
Cons
- Licence downgraded from Curacao (expired) to a weaker Anjouan licence
- Below average 5.3 Casino.guru Safety Index with unfair Terms and Conditions found
- 'No KYC' marketing contradicted by documented verification demands once players win
- Faulty Veriff-based verification tool reported to repeatedly fail
- A EUR1,600 withdrawal reportedly rejected three separate times using stalling tactics
- A ~5,267 USDT withdrawal reported pending more than 64 hours
Our verdict
We want to be direct about CoinCasino: its headline 'no KYC' promise is contradicted by a documented pattern of demanding identity verification once players win meaningful money, using what reviewers describe as a faulty verification tool. This sits alongside a genuine licence downgrade from Curacao to the weaker Anjouan jurisdiction, a below-average 5.3 Casino.guru Safety Index, and specific withdrawal complaints involving stalling tactics and extended pending periods. Given the gap between the marketing promise and the documented practice, plus the weakened licensing and below-average safety score, we'd recommend strong caution with CoinCasino and suggest verifying current verification requirements directly before depositing any significant amount.
How we rated it
Sportsbook & casino (36%)6.5
4,000+ games from top-tier providers and support for 21 cryptocurrencies, marketed around instant payouts.
Bonuses & value (18%)5
No locally regulated welcome bonus in Iceland. The headline 'no KYC' marketing claim is directly contradicted by documented practice once players win.
Trust & licensing (27%)3
Previously held a Curacao licence that expired, downgrading to a weaker Anjouan licence with less oversight. Casino.guru gives a Below average 5.3 Safety Index, flags unfair Terms and Conditions, and logs 4,470 black points across complaints.
Support & reliability (18%)2.5
Multiple documented complaints of unresponsive support, a faulty Veriff-based verification tool, and a specific case of a EUR1,600 withdrawal rejected three separate times using stalling tactics.
Welcome bonus
Quick facts
| Owner | Igloo Ventures SRL |
| Licence downgrade | Previously licensed in Curacao (now expired); transitioned to a weaker Anjouan licence with less stringent oversight |
| Casino.guru | Below average 5.3 Safety Index; unfair T&Cs found; 5 direct + 1 related complaint, 4,470 black points |
| 'No KYC' bait-and-switch | Marketed as no-KYC, but documented complaints show identity verification demanded once players win meaningful money, via a Veriff-based tool reviewers describe as faulty |
| Documented complaints | A EUR1,600 withdrawal rejected three separate times using stalling tactics; a ~5,267 USDT withdrawal still pending more than 64 hours after being requested |
| Iceland | No locally regulated welcome bonus - Iceland is a state monopoly (Islensk Getspa); operates offshore/unlicensed there |
Where CoinCasino is licensed
CoinCasino appears on the official register in 1 country — 0 for sports betting and 1 for casino. We only feature it in markets where it holds a licence to accept you.
Europe (1)
About CoinCasino
CoinCasino is a 2023-launched crypto casino owned by Igloo Ventures SRL, marketed around instant payouts, support for 21 cryptocurrencies, and a headline 'no KYC' promise, with 4,000+ games from top-tier providers. We want to name a serious, recurring pattern directly: the platform previously held a Curacao licence that expired and has since transitioned to a weaker Anjouan licence with less stringent oversight than Curacao, Malta, or the UK. Casino.guru gives it a Below average 5.3 Safety Index, flags somewhat unfair Terms and Conditions, and logs 4,470 black points across direct and related complaints. Trustpilot documents a consistent theme across multiple users: despite the 'no KYC' marketing, identity verification is demanded as soon as a player wins meaningful money, using what reviewers describe as a faulty Veriff-based tool that repeatedly fails to authenticate; one player's EUR1,600 withdrawal was reportedly rejected three separate times using stalling tactics. AskGamblers documents a case with a withdrawal of approximately 5,267 USDT still pending more than 64 hours after being requested. In Iceland, no locally regulated welcome bonus exists since Iceland's gambling market is a state monopoly.
