Crypto Giveaway for May 2024: How Free Crypto Giveaways Work?

Last Updated on 08/05/2024
Fact checked by: James Leeland

A crypto giveaway may sound too good to be true but what if we told you there was a way to enjoy legal online gaming in 49 states across America and the chance to redeem casino winnings as crypto cash?

That’s right, Bitcoiners and altcoiners alike can now enjoy playing at sweepstakes casinos even more with the ability to purchase Gold Coins and redeem prizes in cryptocurrencies. Stick around and we’ll take you through everything you need to know to get started.

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Sweepstakes casinos with free crypto giveaways

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How to get a crypto giveaway - an introduction to cryptocurrency sweepstakes

We’ve all heard nightmare stories about crypto giveaway scams but a crypto sweepstakes casino could well be the sweet dream that lets you enjoy your favorite games and redeem prizes as crypto.

A cryptocurrency sweepstake works in exactly the same way as a normal sweepstakes casino. Players will find the same fantastic range of slots and table games, and will be able to play for free if they want to. The only difference is in the payment section of the site. At crypto sweepstakes, players will have the choice to purchase Gold Coin bundles using cryptocurrencies. Plus, they’ll be able to enjoy the next best thing to real life crypto giveaways as sweeps casinos let you redeem your winnings in the form of Bitcoin or altcoins.

Benefits of cryptocurrency sweepstakes

The option to use cryptocurrencies at sweeps casinos is pretty new, but has a lot of advantages:

  • Lightning fast transactions - because cryptocurrencies use the blockchain for transactions, there is no need for third party involvement, as there is with bank transfers.
  • Completely secure - when you use cryptocurrency, you only need to provide your digital wallet address so there’s no need to provide any personal banking information.

How do cryptocurrency sweepstakes casinos work?

While you can’t play games to win crypto directly, crypto sweepstake casinos will let you play games that let you redeem prizes as cryptocurrencies.

Sweepstakes casinos are the perfect option if you live in one of the states which don’t currently allow online gambling. That’s because instead of using real money to play at a sweeps casino, you’ll be using virtual currencies, called Gold Coins (GC) and Sweeps Coins (SC).

Buying Gold Coins with cryptocurrency

As soon as you sign up to a new sweepstakes casino site, you’ll receive a gift of free Gold Coins straight into your account. Gold Coins can be used to play all of the games on a site for free, and any winnings you get will be paid back into your account in the form of more Gold Coins.

Using Gold Coins is a great way to get to grips with a new game, or with playing at a casino platform if you’ve never experienced one before. You’ll get more GC every day when you login to the site but there is also the option to buy a bundle of Gold Coins. There’s never any need to do this but, if you decide you would like to, some sweepstakes casinos will allow you to use a range of cryptocurrencies to make your purchase.

How to redeem your prizes as crypto

The other tokens used on sweepstake sites are called Sweeps Coins. Like Gold Coins, you can add more Sweeps Coins to your balance by playing and winning at slots and games and through promos and bonuses. Unlike GC though, Sweeps Coins can be redeemed as real cash prizes, which can come in the form of cryptocurrency. So while there’s no such thing as a guaranteed crypto giveaway, this comes pretty close.

Once you’ve met a site’s specific requirements, you’ll be able to head to its ‘Redeem’ section and select how many Sweeps Coins you’d like to redeem, making sure you meet the minimum amount. Then select your favored cryptocurrency and hey presto, your Bitcoin giveaway, or whichever cryptocurrency you prefer, is complete and you’ll receive your funds into your digital wallet.

Beyond a crypto giveaway, what are the ingredients of a top cryptocurrency sweepstake?

The same basic ingredients make up the majority of crypto sweepstakes you’ll find on the web, but how do you know which one is the best? We’ve sampled tons of crypto sweeps sites and have honed our judging criteria to be able to detect a great platform from a mile off. Here’s what we look for.

A safe and secure site

‘Ethereum giveaway today!’ is a sure fire way to grab players’ attention but there are a lot of shady sites out there which promise free crypto but deliver disappointment. We only recommend crypto sweepstakes that have a solid reputation and can guarantee a safe playing environment, our number one priority. In order to do that, they have to have security protocols in place that keep player’s information private.

Bonuses that go beyond the sign-up

We investigate the bonuses on offer at all of the sites we discuss at Strafe.com. We check out the strength of the welcome bonus, including how easy it is to claim, as well as looking at the regular, ongoing promotions. Bonuses that are difficult to claim bring our ratings down, but regular deals that keep play exciting and reward members in lots of different ways send our ratings skyrocketing.

One of the things we especially look out for are focussed crypto giveaways that reward players who use cryptocurrencies.

Games for every type of player

Game selection is our bread and butter. Whether you’re a reel slots fan or you love a few hands of blackjack, we aim to make sure you’re covered with a site that offers a varied portfolio of quality games.

All day customer support

If anything goes wrong while you’re playing at a crypto sweepstakes then you’ll want to know support is always available. We expect all modern sweeps casinos to give players a few different ways to get in touch, and 24/7 support.

Celebrate crypto giveaways at Sweeptastic - our number one recommendation of crypto sweepstake

Sweeptastic are a brand new sweepstakes casino. They opened in 2023 but are no slouches when it comes to delivering exactly what players want. In September 2023, Sweeptastic announced that players would be able to use cryptocurrency to buy Gold Coin bundles and redeem Sweeps Coins on their site. This includes a range of crypto coins from Bitcoin, Ethereum and Litecoin, to USD Cash and Tron.

Promos and bonuses at Sweeptastic

To welcome new players to the site, Sweeptastic have put together a welcome bonus that is one of the best we’ve seen at any sweeps casino. As soon as you sign up, you’ll receive 10, 000 Lucky Coins into your account, with another 17, 777 arriving as soon as you complete your profile. You’ll also receive 2 Sweeps Coins and a discount on your first purchase if you choose to buy a Lucky Coin bundle.

There are lots more bonuses available once you start playing at Sweeptastic, including special crypto bonuses and promos.

Sweeptastic: Pros & Cons
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Sweeptastic Highlights
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  • Crypto purchases accepted

Conclusion - getting to grips with crypto giveaways at cryptocurrency sweepstakes

Finding the best crypto sweepstakes casino and crypto rewards can feel like a daunting task but Strafe.com can make it easy. Our tools, news, and reviews provide you with all of the knowledge you need to make your choice and we regularly update everything on our site as new sweeps casinos emerge.

Sweeptastic are our top pick of crypto sweeps sites right now thanks to their strong cryptocurrency focus. Not only can players purchase LC bundles and redeem Sweeps Coins using cryptocurrencies, but Sweeptastic have even started to offer crypto specific bonuses. These bonuses may not take the shape of a Litecoin giveaway but do mean that crypto aficionados can enjoy more of what they love. Visit the site now to claim your welcome bonus and start playing.

The top rated crypto social casino deal for 2024

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Crypto giveaway FAQs

💰 Can you win crypto playing at sweepstakes casinos?

While you can’t win crypto directly at sweepstakes casinos, you can redeem the Sweeps Coins you win into real world prizes including crypto cash. To find out how this is done, have a look at our complete guide above.

🇺🇸 Are cryptocurrency sweepstakes legit in the US?

Sweepstakes casinos, including those sites that offer crypto prize redemptions to players, are totally legal in the US (apart from the state of Washington). However, not all sites operate in all US states. For more information about gaming options in your area, stay with Strafe.com and read our detailed sweeps casino reviews.

💸 Can you use Litecoin at crypto sweepstakes casinos?

Many sites have focussed on Bitcoin as their primary crypto of choice, however the best sweepstake casinos have recognised the need for a mixture of cryptocurrencies to meet player’s needs. Sweeptastic, for example, allows players to redeem prizes in both Bitcoin and Litecoin as well as eight other cryptocurrencies, from Ethereum to Tron.

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