Bitcoin gambling is a popular activity around the world, including in Canada. Online casinos are now offering players the possibility to play with Bitcoin and other cryptocurrencies. There is a large number of websites that offer a wide range of games for users all over the world.
Canadian users are also some of the most attracted to BTC gambling, this is why there is a large interest from them to search for the best Bitcoin online casinos to play at. In this guide, we share with you all the details that you should know about Bitcoin Casinos in Canada and how to start playing these games using BTC.
🇨🇦 Are Bitcoin casinos legal in Canada?
This is the first question that as a Canadian user you should make before starting to play at an online Bitcoin casino. The answer to this question is yes. Crypto gambling is legal in Canada and players are able to enjoy a wide range of games from various game providers.
Moreover, most gambling licenses let Candian players register at online casinos, which is a very positive thing if we take into consideration that people in the United States (depending on the state they live in) cannot play at some licensed gambling sites that support Bitcoin.
Canada has decided to adopt a friendlier approach towards cryptocurrency and online casinos. In this way, users would be able to enjoy a wide range of games that would support Bitcoin and other virtual currencies.
It is always very important to read the Terms and Conditions of the online casino and search for information related to restricted countries. If Canada is not on the list of restricted countries, then you are ready to play. Instead, if you find that Canada is on the list of restricted countries, you should definitely not open an account there. You could get banned and your funds can be frozen.
Many reports explain that crypto gambling in Canada is not forbidden. However, some local regulations might apply. It is always important to know the local regulations that could affect your ability to play at Bitcoin casinos. Failing to do so could result in your account getting banned forever.
Another thing that you should do is stick with the most popular casino sites that let you play with Bitcoin. You can talk to customer support agents and see if they can give you additional information about Canadian players on their platform. This is an additional security measure that you can follow after reading the Terms and Conditions and the restricted countries.
Some casinos without a license might not have geo-restrictions, meaning that it might be easier for you to get access to these platforms. Nonetheless, it is always better to stick to the best online Bitcoin casinos.
👍 What are the benefits of Bitcoin casinos for Canadian players?
Bitcoin casinos in Canada expanded due to a clear reason: Canadian fiat payments are not as good as cryptocurrencies to play at casino platforms. In Canada, deposit methods that require users to use fiat currencies (bank transfers, credit cards, Interac, or Neosurf) have many disadvantages compared to Bitcoin and other cryptocurrencies.
This is why is very important to understand which are the advantages of Bitcoin casinos for Canadian players. The first thing you should take into consideration when you play casino games in Canada is that the payment method that you use would share valuable information with the platform. This is something that you want to avoid, as your privacy is valuable.
When you use traditional payment methods, you have to share valuable data such as your address, name and surname, bank details, and credit card numbers. That’s something that could affect your privacy. Gambling sites and other online platforms are usually targeted by hackers in order to steal users’ data and information. This lets them perform phishing campaigns, which could result in your funds being stolen.
The second thing to mention is that Bitcoin and cryptocurrency payments are faster. Usually, when you send a payment using bank transfers, you will have to wait up to days for the payment to be credited. With Bitcoin and other virtual currencies, these times get cut to minutes or even seconds in some cases (depending on the digital asset that you use).
When using Bitcoin, your safety is simply improved. You would not have to share any private data to process the transaction. By simply copying and pasting the wallet address shared by the Canadian Bitcoin online casino, you would be able to process the payment. These funds will be then added to your balance as soon as the transaction is processed by the blockchain network.
Moreover, when you use Bitcoin or other virtual currencies to play online casino games, you are being part of a new economy. You are basically becoming part of the decentralized finance revolution. You would not have to depend on your credit card issuer or your bank, instead, you will rely on a decentralized and permissionless blockchain network that is changing the way in which the financial world works.
👉 How to start playing at Bitcoin casinos in Canada?
There are some simple steps that you have to follow if you want to start playing at Bitcoin casinos in Canada. The whole process is very intuitive and it would take some minutes if you are already a cryptocurrency user. Instead, if this is the first time that you play at online casinos in Canada using BTC, then you will have to follow the next steps.
Step 1 – buy cryptocurrencies
If you want to play with Bitcoin (or other cryptocurrencies) at online casinos, you will have to buy digital assets. Nowadays, the easiest way to do so is by opening an account at a crypto exchange. At the moment, there are different cryptocurrency exchanges that would let you buy Bitcoin with Canadian dollars (CAD). It is up to you to decide which is the exchange that you select.
Once you have selected the exchange (opened an account) and deposited funds (CAD), then you will have to buy Bitcoin or the cryptocurrency that you want to use to play at your local online casino. If you already have the coins ready to be used in the casino, then you should withdraw them.
Step 2 – deposit funds at the casino platform
The withdrawal process would require you to have a casino account already created. This would let us receive the deposit information for the casino platform. You should go to the “Deposit” section and select “Bitcoin” as a payment method. Make sure that you select the right virtual currency.
The casino will share with you a wallet address, formed by a string of random letters and numbers that you have to copy. It is very important to copy it correctly. A simple and small mistake would be enough for your funds to get lost forever.
In your cryptocurrency exchange, you will have to go to “Withdraw” and select Bitcoin. The Bitcoin destination address will be the one shared by the casino. Again, make sure that you copied it correctly. The funds should arrive some minutes later (you can always check the transaction using Bitcoin blockchain explorers).
Step 3 – withdraw your funds
After playing at the casino and winning some BTC with your favourite games, you will have to withdraw your funds. This process can take some time as KYC checks could be activated. When you withdraw your funds, you should select a destination Bitcoin wallet address. This wallet address can either be the deposit Bitcoin address of your exchange (you can find it in the “Deposit” section) or your Bitcoin wallet address (from an external wallet).
This is the same process as when you deposited funds in the casino. The difference here is that now you want to “deposit” funds in your cryptocurrency exchange or wallet. Double-check your wallet address before withdrawing funds from the casino.
Step 4 – convert to fiat (optional)
If you withdraw your BTC to your cryptocurrency exchange, then you will be able to convert your BTC (or other cryptos) back to Canadian dollars. This process would require you to go through the trading platform of the exchange you use and get your BTC converted into CAD. These funds can then be sent to your bank account in a few simple steps.
🎲 What games do Canadian users play in BTC?
Now that we know most of the important things about Bitcoin casinos in Canada, we can get into the details of what games can be played using these online gambling platforms. Usually, when we think about casino platforms we think about slots and some table games, but the truth is that there are hundreds of games in most Bitcoin online casinos in Canada.
This lets players select from a wide range of game types such as slots, table games, live casino games, and Bitcoin games, among others. Slots are perhaps the most popular casino games available. There are different types of slots on BTC gambling websites. Some of these platforms would let you bet as little as $0,05.
Table games are the online version of some of the most popular casino games in the world. We are talking about roulette, blackjack, or poker, among others. You can bet in these online casinos using Bitcoin and other cryptocurrencies. You should always make sure that the games that you want to play have been optimized for crypto payments.
Live casino games are another great option that you can find online. You can select from different games such as Blackjack, Roulette, Baccarat, and many others. This would give you a very real and unique experience as you would be playing with Bitcoin and interacting with a real dealer.
When it comes to Bitcoin-focused games, we can mention Dice, Crash, or Plinko. These are just some of the many different BTC games that you can find at online casinos. These games were created for crypto players and have special features for users that play using different virtual currencies.
🪙 What crypto besides Bitcoin do Canadian players use for gambling?
There is a large number of cryptocurrencies available in the market right now. Bitcoin is the most popular, but there are many others that are now being accepted at different online Bitcoin casinos. Some of these coins include Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), Monero (XMR), and Tether (USDT).
Ethereum is known for being the largest smart contracts blockchain network in the world. This platform is letting developers create and deploy some of the most advanced smart contracts in the market. Ethereum could work as a faster and cheaper option to Bitcoin if the network is not congested.
Litecoin is a very useful virtual currency. It was created two years after Bitcoin and it is fast and cheap to use. If you want to make sure that your transfer is processed within a few minutes and with almost no fee, then you can be sure that Liteocin will be doing the work you were waiting for.
Dogecoin is another virtual currency that is letting users play at online casinos. This meme coin is fast and cheap to use considering that it has been created as a fork of Litecoin. Dogecoin has large liquidity and it is accepted in most cryptocurrency exchanges.
Monero is another virtual currency known for having a focus on privacy. Monero transactions cannot be traced on the blockchain. All the information about transfers is protected. This is one of the best options for users that want to remain private when handling digital currencies.
Tether, instead, is considered to be a stablecoin. That means that this coin has all the characteristics of a cryptocurrency (it relies on blockchain technology) but its price does not fluctuate. Indeed, Tether’s price is tied to the U.S. dollar. 1 USDT is equal to 1 USD. Hence, USDT offers the benefits of virtual currencies and eliminates the volatility risk of using other digital currencies.
📝 Checklist for picking the best crypto casino in Canada
There is a list of things that you should check before starting to play at BTC casinos in Canada. Of course, there are many other things you should take into consideration, but this is just a list of the most important things to check before creating an account at an online casino.
Games
When searching for the best crypto casino in Canada, you should make sure that it has the games that you want to play. Finding that you have deposited funds in a casino that does not let you play the games you want is going to be very frustrating.
Thus, it is always important to check whether the casino that you selected has the games you like. This is something that you should do before opening an account and depositing funds. Failing to do so would require you to wager your funds in an online casino with games that you might not even like at all.
Fees
When you want to withdraw your funds from a casino platform, you should make sure that they would not take additional fees from you, considering that you have already played on their casino. This is very important as paying an additional fee to withdraw your funds has very negative effects on players’ funds.
Before creating an account, read the terms and conditions (T&Cs) and make sure that they do not add an additional fee to withdrawals. You can also talk to customer support agents. However, you might only know the fees that you will pay as soon as you make your first withdrawal.
Reputation
Checking the reputation of an online Bitcoin casino is very important. This would let you know whether the platform is operating correctly or whether there have been some issues with this casino.
The best thing you can do is to read some reviews and check comments from users. If you find that the BTC casino has a bad reputation and several users complain about withdrawals or other issues, then you should avoid this platform. It could eventually cost you money if you deposit funds in a casino that does not offer a good service to players.
Bonuses and promos
Bonuses and promos are other things that you could analyze before creating an account at an online casino. Although nowadays some casinos prefer not to offer bonuses or promos, you should still analyze the offers made by some of the platforms.
Bonuses and promos should have low wagering requirements and they should have as few restrictions as possible. If you find that to activate your promo you should wager your funds over 50 times and you cannot choose the games where to wager your bonus, then you should avoid activating this offer.
Betting and payout limits
Finally, some casinos might add betting and payout limits. If you see that the withdrawal limit is very low then this should be considered a red flag. Moreover, some platforms and games will have a minimum bet that could be extremely high. You should avoid these games and focus only on those that let you play with a logical minimum bet.