Rakebit vs Qzino - same licence type, very different terms
Rakebit and Qzino both hold Anjouan gaming licences, but for a USDC player they are not close substitutes: Rakebit officially lists USDC on several networks, while Qzino has not confirmed USDC at all. The terms differ too - Rakebit charges no withdrawal fee and scales limits up to $500,000, while Qzino caps the maximum payable win at $300,000 and asks for crypto deposits to be wagered 100% before withdrawal.
Rakebit holds #2 in our ranking with 9.4/10; Qzino holds #3 with 9.2/10. Here is what they share, where they split, and how to decide.
What do Rakebit and Qzino have in common?
- Licence type. Both operate under Anjouan licences. Qzino shows its number (ALSI-202503015-FI1) and names CG Universe LLC in Costa Rica; Rakebit states its Anjouan licence on its homepage and FAQ without a number.
- No fixed deposit match. Rakebit's welcome is rakeback-based, and Qzino publishes no fixed welcome percentage.
- Frequent, small rewards. Both lean on rakeback, cashback, wheels and races rather than one large bonus.
- Provably fair originals and a sportsbook. Each runs its own in-house games plus sports betting with live options.
- Social or wallet sign-up. Rakebit offers Google, Telegram, X or email; Qzino offers Google or MetaMask.
Where do they differ most?
- USDC. Rakebit lists USDC on ERC20, BEP20 and Solana, with TRC20 and TON also on its official list. Qzino has confirmed BTC, ETH, USDT, TON, SOL and BNB - check the Qzino cashier for USDC.
- Deposit wagering. Qzino requires crypto deposits to be wagered 100% before withdrawal (players at level 30+ are exempt). Rakebit publishes no such rule.
- Payout ceilings. Rakebit's withdrawal limits reach $500,000 depending on level. Qzino's maximum payable win is $300,000, and wins of $50,000 or more may be paid in instalments.
- Verification. Rakebit needs no documents to register, play or withdraw. Qzino may ask for ID, a utility bill, a selfie and source of funds.
- Catalogue size. Rakebit lists 7,000+ titles; Qzino listed 3,514 games in October 2026.
Full comparison table
| Factor | Rakebit | Qzino |
|---|---|---|
| Licence | Anjouan (number not shown) | Anjouan, ALSI-202503015-FI1 |
| Launched | 2024 | Not published |
| USDC | Yes - ERC20, BEP20, Solana (plus TRC20, TON) | Not confirmed |
| USDT | Yes - same five networks | Yes - networks shown in the cashier |
| Minimum deposit | About $5 | Not published |
| Minimum withdrawal | About $10 | Not published |
| Withdrawal fee | None from Rakebit (network fee applies) | Not published |
| Deposit wagering | Not stated | 100% before withdrawal (except level 30+) |
| Payout limits | Up to $500,000 by level | Max win $300,000; $50,000+ may be in instalments |
| Welcome | 100% rakeback on first $1,000 wagered | No fixed percentage published |
| Rakeback / cashback | 10% base rakeback from level 10; daily cashback 2% up to 25% | Rakeback every 30 minutes; cashback twice a week |
| Other rewards | Daily Wheel, missions, races, store, reloads | Wheel of Luck, $20,000 weekly race, free USDT on level-up, VIP Club |
| Games | 7,000+, 60+ providers | 3,514 (October 2026) |
| Originals | 15+, RTP up to 99% | 8, "99% RTP" banner |
| Max bet | $20 slots, $10,000 Originals | Not published |
| KYC | No documents | ID, utility bill, selfie, source of funds may be requested |
Rewards in practice
Rakebit puts its biggest offer at the start: 100% rakeback on the first $1,000 wagered while you move through loyalty levels 1-9. After level 10 you hold permanent 10% base rakeback, and daily cashback starts at 2%, climbing as high as 25% over 50 levels. A free Daily Wheel, missions, races, tournaments and a rewards store fill the gaps.
Qzino spreads rewards across the week. Rakeback lands every 30 minutes, casino cashback twice a week and sports cashback up to 20% twice a week. Weekly and monthly bonuses, a Wheel of Luck (up to $500,000 in BTC), a $20,000 weekly race and free USDT on each rank-up keep the cadence high. Its VIP Club adds a personal VIP bonus, a VIP welcome bonus and a birthday bonus.
Neither model is a deposit match, which keeps your balance free of bonus wagering - though at Qzino the deposit wagering rule still applies to your own funds. Compare formats on our USDC casino bonuses and cashback casinos pages.
Edge: Rakebit for new players; Qzino for players who like constant small drops.
Cashing out USDC
This is the deciding category for most readers. At Rakebit you withdraw USDC to your own address on a published network, with about $10 as the minimum and no Rakebit fee; the casino sends it instantly and it arrives after blockchain confirmations, usually minutes. Our instant USDC withdrawals page looks at this in more detail.
At Qzino you would first need USDC to be available in the cashier. Even with USDT or another coin, withdrawals return to the deposit method, the 100% deposit wagering rule applies below level 30, and large wins can be split into instalments. We do not quote a Qzino payout time.
Edge: Rakebit.
Games and sports
Rakebit's 7,000+ titles come from providers such as Pragmatic Play, Evolution, Hacksaw, Big Time Gaming and ELK, with 15+ originals including Tower, Wheel and Video Poker, plus a sportsbook with esports and live betting. Qzino's 3,514 games (October 2026) include Pragmatic Play, Evolution and BGaming, and its 8 originals add Ultimate Dice and Coin Flip; its sportsbook covers soccer, tennis, basketball, Counter-Strike and live events.
Edge: Rakebit on catalogue size; Qzino is fine for players who mainly want the familiar providers.
Quick decision checklist
Answer these three questions:
- Must you deposit in USDC? If yes, Rakebit is the only one of the two with confirmed USDC.
- Do you want to avoid document checks? Rakebit states none are needed; Qzino may ask.
- Do you prefer rewards several times a week? Qzino's Bonus Hub is built for that.
Rakebit does not accept players from: China, Costa Rica, Portugal, Russia, Singapore, Thailand, Ukraine, United States. Check the casino terms for the full list and your local law before playing.
Qzino does not accept players from: Australia, Netherlands, Spain, United Kingdom. Check the casino terms for the full list and your local law before playing.
Verdict
Choose Rakebit if USDC is your working currency, you want published networks, minimums and no withdrawal fee, and you prefer a document-free account.
Choose Qzino if you are happy to use USDT or another confirmed coin, you like a steady stream of cashback, rakeback and races, and you sign in with MetaMask.
Further reading: Rakebit review, Qzino review, and how to deposit USDC step by step.
FAQ
Are Rakebit and Qzino licensed by the same authority?
Both hold Anjouan gaming licences. Qzino's licence number is ALSI-202503015-FI1; Rakebit does not show its number.
Can I deposit USDC at Qzino?
USDC is not confirmed at Qzino. Check the Qzino cashier, or use a confirmed coin such as USDT.
Does Rakebit charge withdrawal fees?
No. Rakebit charges no withdrawal fee of its own; only the blockchain network fee applies.
Which one asks for KYC documents?
Rakebit says no documents are needed to register, play or withdraw. Qzino may request ID, a utility bill, a selfie and source of funds.
Gamble only with money you can afford to lose; 18+.