Cryptocurrency Casinos for Canadians 2022

Not all Canadians may have a Cryptocurrency account, but many advanced gamblers know that using bitcoin or other crypto coins at their online gaming rooms is convenient, safe and profitable.

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Contents

 

What is Cryptocurrency?

what is crypto

Top real money casinos Canada will not only offer their customers the possibility to pay in fiat currencies, using the already traditional e-wallets or online banking. Now you can also use cryptocurrency and play bitcoin casinos freely.

Let’s take a look at what cryptocurrency is. It is a modern form of payment that can be used to purchase goods or any service.

Crypto gambling is a form of entertainment that you do not pay with Canadian dollars but with a special blockchain technology and electronic protocols that set the exchange rate, security and independence from governmental financial authorities.

What Are Cryptocurrency Casinos?

You need specialised cryptocurrency gambling sites to pay with digital currency for your spins. They support the appropriate technical programs and operations, and list bitcoin wallet as one of the available payment methods.

Crypto casinos allow you to make deposits in any cryptocurrency, withdraw your winnings, choose a popular slot, pay for your spins with crypto, and receive full bonuses.

Bitcoin gambling sites accept Bitcoin, Ethereum, Litecoin and other digital money. You won’t need to account for where you got it. You will be able to keep your transactions private, pay no commissions and enjoy playing in the currency of your choice.

Most popular cryptos accepted by crypto casinos Canada

popular cryptos crypto casinos

By 2022, there are more than 10 trusted and proven digital currencies. The most trusted and sought-after ones are Bitcoin, Bitcoin Cash, Ethereum, Tether, Litecoin and Dogecoin.

Bitcoin

Bitcoin is the oldest and most popular cryptocurrency. It’s status quo and secure, as is possible. Bitcoin accounts are anonymous and decentralized, and their only disadvantage is slow transfers.

Ethereum

Bitcoin’s main competitor, which offers minimal transaction fees and near-instant account credits. Some have questions about its security, but the speed pays off.

Litecoin

It loosely follows the pattern of bitcoin but has its own algorithm. The currency provides free, fast and secure transfers and today has thousands of fans.

Bitcoin Cash

The system was created to increase the transaction speed for bitcoin, but it has gained its own status as a currency over time. So, yes, transfers are faster here, while maintaining the best traditions of security and anonymity.

Tether

Offers one of the best financial solutions during cryptocurrency spikes. Your savings won’t burn up in a second. Anonymity and fast transactions are still preserved.

Dogecoin

Initially operated using the protocols that powered Litecoin. Gradually modifying the algorithms, DOGE has strengthened its position and is used by trendmakers worldwide.

Casino cryptocurrency is varied and will satisfy the needs of a wide variety of customers.

Cryptocurrency Slots CA. Which Games Can You Play?

cryptocurrency slots

Most online casinos have put cryptocurrency slot machines in a separate section. Here Canadians will be able to find a variety of slots, their number can reach 500 and more. Among the most popular machines are:

  • Video slots – classic and ultra-modern, with 3 and 5 reels, lots of paylines. The themes of the slots are varied – adventure, seasonal holidays, jewel hunting, safari and historical events;
  • Table games – blackjack, roulette and poker will always be popular in cryptocurrency gambling. You can play dozens of varieties of blackjack, Stud, hold’em, European or American roulette, and classic poker with different betting limits;
  • Live games – in live broadcast, you will be able to communicate with the dealer, observe the course of the game, connect to the tables you are interested in around the clock.

The most popular casino games necessarily offer players to wager bitcoin. Gambling is developing along with the latest technology, and the number of slots available will continue to grow.

Canadian Casinos that Offer Cryptocurrency Games

If you choose a proven and reliable online casino with excellent reviews and reputation – that’s half the battle for successful and comfortable gaming. Our experts have compiled a shortlist of the top online casinos that are available to Canadians and accept the digital currency.

  • BitStarz – operates under a Curacao license and offers a unique promotion for bitcoin deposits;
  • 7Bit – licensed in Curacao, accepts BTC, Litecoin, Ripple, Doge, Ethereum, Tether. A welcome bonus and progressive jackpot slots are available;
  • Bitcasino – licensed by the Curacao Gaming Commission. There are promotions for crypto wallet customers. In addition, there are betting systems on cybersports.

All of the currencies that online casinos accept – bitcoin, litecoin, DOGE, Ethereum and Tether – allow you to choose any slots, connect a deposit bonus and withdraw your winnings quickly.

The Best Cryptocurrency for Online Crypto Casinos

It is up to each digital currency user to decide which protocol and wallet suit them best. Many casinos are gradually expanding their portfolio of cryptocurrencies that run on their platform. Over time, you will be able to bet in any of the currencies that exist today.

As of today, one of the best options is bitcoin. It’s reliable, time-tested and most casinos freely accept these coins.

Some gaming platforms accept both litecoins, bitcoin cash and DOGE. If you are the lucky owner of all these currencies, go to your casino’s Cashier section and evaluate the transfer limits for each currency, possible fees, and conversion features.

Some casinos don’t offer to pay for your spin directly in crypto but convert your transfer to your local currency. Contact support to find out what the conversion rate is, how long it takes and how beneficial or disadvantageous it may be for you personally.

Cryptocurrency Casinos vs Fiat Casinos – Head to Head Comparison

crypto casinos vs fiat casinos

To find out exactly which currency is best for paying, we’ll compare the two.

Cryptocurrency Casinos

  • They accept both cryptocurrency and fiat money;
  • The range of crypto slots is large but still limited;
  • World-renowned proven providers provide Cryptoslots;
  • you deposit anonymously and securely; however, casinos have the right to request information to verify your age and identity;
  • There are no chargebacks – due to the nature of the technology, it is impossible to make a chargeback in cryptocurrency. If you make a mistake and transfer the money to the wrong account, you will most likely not be able to get it back;
  • lower transaction fees, instant transfers;
  • relatively low limits for maximum deposits;
  • conversion to the casino’s local currency, e.g. Euro;
  • The same bonuses as for real money players apply. In addition, there may be a special (larger) bonus gift for a crypto deposit.

Fiat Currency Casinos

  • Only accept dollars, euros, Canadian dollars, do not work with crypto;
  • Unlimited selection of slot machines from the best modern manufacturers;
  • external account identification;
  • there is a bonus program for deposits on certain days;
  • transfers of winnings may take from a few minutes to a week depending on the payment method chosen;
  • transaction fees in certain limits depending on the requirements of the payment system;
  • there are restrictions on withdrawals that are higher than the set limits.

If you’re still in doubt, set up accounts at both types of casinos and evaluate which suits you better.

Advantages and Disadvantages of Cryptocurrency Casinos

Advantages Disadvantages 
Anonymity is preserved If you do not have the cryptocurrency, it must be purchased from an exchange
Payments are very safe and fast + minimal fees Impossibility to refund incorrectly sent payment
The high crypto exchange rate can increase exit winnings A limited number of slot machines, available machines have high volatility
Crypto is accepted in any country
Gifts for deposits

Playing With Cryptocurrency Bonuses

crypto casinos bonuses

Regular and one-time bonuses from online casinos are a nice gift for any player. To get them, you need to be a registered customer and fund your account at the right time and in the right amount.

Among the bonuses stand out:

  • welcome bonus – as soon as you register and deposit in bitcoins for the first time, you get an increase in your deposit amount (by 50 to 100%) and gift-free spins in top slots. This bonus needs to be wagered with a specific multiplier and will allow you to get involved in the game;
  • Deposit Bonus (Once a week, certain days, certain holidays) – You deposit a specific amount of bitcoins, and the casino will reward you with a balance increase and/or free spins;
  • loyalty rewards – you earn points as you progress through the loyalty levels. These can be redeemed for cash in order to play. Also, in the program, you will receive personal support, gifts for each new level, exclusive invitations;
  • Cashback, which is a refund of the previous week’s losses. The percentage of refunds varies from casino to casino, but the amount allows you to start a new week with your winnings.

Gaming halls regularly update their bonus program. Subscribe to the promotional newsletter to avoid missing out on an exciting offer.

How to Deposit and Withdraw Funds with Crypto in Canadian casinos

how to deposit withdraw in crypto casinos

Making deposits at crypto casinos is fast and convenient.

To make a deposit:

  1. Go to the Cashier section.
  2. The Deposit button will give you a list of available tokens. Choose the one you want.
  3. Get a unique blockchain address, copy it.
  4. In your wallet, select the amount of transfer, paste the blockchain address into the appropriate field.
  5. Confirm the transaction.

To withdraw your winnings:

  1. Copy your crypto wallet address.
  2. Go to the Cashier section and select the “Withdrawal” subsection.
  3. Enter the amount you want to receive and the copied address.
  4. Confirm the transfer.

To withdraw your winnings successfully:

  1. Win back all bonuses;
  2. Withdraw the amount in the casino limits;
  3. Confirm your identity;
  4. Follow all the rules of the gambling site.

Technically, there is nothing complicated about using bitcoin to pay your game account and withdraw your winnings. However, be careful with the sending address, and the process itself will only take a few seconds.

What Blockchains Are and How Do They Work?

Blockchain is an electronic registry of transactions maintained by a network of computers. All transactions in this registry occur directly between people, without intermediaries (banks, governments, electronic payment systems).

All transactions in the blockchain are verified by the computer network and then placed into conditional blocks, which ultimately form a chain of data. Once a transfer has hit the blockchain, it cannot be changed.

It works like this:

  • You buy or sell crypto, the information about them is transmitted to a network of powerful modern computers.
  • These computers – the nodes – compete with each other for the speed of transaction confirmation (the owner of the computer will be rewarded if he is the first to add your transaction to the block).
  • When your sale/purchase is confirmed cryptographically, it is committed to a block. The completed block is linked to other blocks.

Blockchain ensures decentralisation, security and anonymity, accuracy and transparency. For example, no one knows that this particular wallet is yours, but everyone will see how much money is there.

Most Popular Crypto Wallets and Why Do You Need Them?

popular crypto wallets

There are a lot of crypto wallets out there. They allow you to purchase and accumulate cryptocurrency and pay bills. You can have a wallet online or download the appropriate hardware and access it from time to time.

The choice of each vault is the responsibility of the owner. We will tell you about the most popular ones.

CoinBase

One of the most modern wallets. You can acquire and store coins simultaneously. You will be required to confirm your identity when registering. An additional plus is a convenient and reliable mobile app.

Electrum

Maximum ease of use wallet with a minimal set of functions. Very reliable, thanks to the two-factor identification. Allows tracking transfers and control commissions.

Edge

Allows you to buy and store coins but is known for its quality design and wide range of possibilities to buy/sell coins.

Whichever wallet you choose, make sure its password and identity are unknown to anyone but you. Also, be sure to follow safe usage conditions and verify all payment information before making any transfers.

Are Top CA Crypto Casinos Safe?

The best crypto casinos are very safe. It is ensured by:

  • Internationally reputable licenses – Cyprus, Malta, Curacao. The license shows that the casino complies with all standards in terms of hardware and customer support;
  • state-of-the-art SSL encryption protocols that protect transactions on the casino side and blockchain technology on the wallet side;
  • Restrictions on the use of your personal information (it is not shared with any third party);
  • Regular account checks to prevent fraud;
  • Working with leading providers who certify their slots and MSG shows decent RTP and volatility.

If you register with the recommended sites, follow the rules and handle your bankroll carefully, you can play crypto quite safely.

FAQ

Is Crypto Gambling Legal in Canada?

The cryptocurrency market is not subject to government or banking institutions. Therefore, no one can ban you from using crypto for betting or punish you for using them.

Are All CA Cryptocurrency Casinos Regulated?

International online casinos that operate crypto accounts are heavily licensed by trusted jurisdictions and regulated under the appropriate legal framework.

Do I Need a Physical Crypto Wallet to Play at Crypto Casinos in Canada?

You don’t have to have the hardware to work with cryptocurrency gambling. Use any wallet you feel comfortable and secure.

Are All Slots Available for Playing with Crypto?

Some slots do not support Crypto. Check with your casino or play the slots available in our Crypto slots section.

What’s the Minimum Deposit in Canadian Crypto Casinos?

The minimum deposit can vary from casino to casino, but the average is 0.0001 BTC.