Bitcoin Online Casinos that Accept Canadian Players

Do you find cryptocurrencies fascinating but difficult to understand? Have you ever considered using Bitcoin at your online casino? If you are uncomfortable about using Bitcoin at online casinos, I quite understand. Let me assure you that you don't need to understand the technology behind Bitcoin to start using it. You just need to understand some basic facts and I can guide you through them.

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I invite you to read the following guide on playing at Canada facing Bitcoin online casinos. By the time you finish, you will feel quite confident about using Bitcoin.

How to Deposit with Bitcoin at Canadian Bitcoin Online Casinos

I can guide you to Canada friendly Bitcoin online casinos that best serve your gambling requirements. But you need to complete certain important tasks before you can start playing with bitcoins.

The following is a step-by-step guide to help you get started at a Bitcoin online casino.

Step 1: The first step is to download a bitcoin wallet. In case you are wondering what a bitcoin wallet is, it is a piece of software that allows you to safely and securely send, receive, and store bitcoins over the bitcoin network.

You can choose from four varieties of bitcoin wallets:

  • Mobile wallets
  • Web wallets
  • Hardware wallets
  • Desktop wallets

I have created the following table to give you an overview of the top five BTC wallets for 2020.

Name of the Service

Type of Wallet

Main Features

Coinbase

Web Wallet

  • Coinbase.com presents the simplest way to purchase, sell, and store cryptocurrencies such as bitcoin.
  • Link your bank account with your Coinbase.com account.
  • Earn free cryptocurrencies at Coinbase by taking surveys and watching videos.
  • Coinbase charges high fees.

Trezor

Hardware Wallet

  • You can plug this hardware bitcoin wallet into your smartphone or desktop computer.
  • It costs anywhere between $55 and $500 depending on the features you are looking for.
  • It supports 1000+ currencies and has a sophisticated touch screen.

Ledger

Hardware Wallet

  • Both Ledger Nano S and Ledger Nano X are as big as USB flash drives.
  • Connect them to your computer or phone and use them to store your coins.
  • The cheapest Ledger wallets cost $59.

Robinhood

Web and Mobile Wallet

  • Use Robinhood to not only store your cryptocurrency but also buy and sell bitcoins.
  • Since Robinhood is a free service, you don't have to worry about fees.
  • Currently, it supports six cryptocurrencies.

Edge

Mobile Wallet

  • You can easily and quickly download and install Edge for iOS and Android.
  • Log in with your username and password and enjoy support for 30+ cryptocurrencies.
  • Edge is not available on desktop computers.

Step 2: The next step is to obtain btc, which you can use to deposit into your casino gaming account.

You can obtain bitcoins any of the following ways:

  • Sign up at cryptocurrency exchanges such as LocalBitcoins, Binance, Coinbase, and CoinJar. They allow you to buy bitcoins for fiat money. You can link your exchange account to your bank account or credit card. Some cryptocurrency exchanges also support electronic wallets such as Paypal.
  • Purchase bitcoins in person through websites such as Coin ATM Radar, which helps you to locate Bitcoin ATMs where you can exchange fiat currency for bitcoins; Paxful, which helps you to find a bank that will give you bitcoins in exchange for cash; and LocalBitcoins, which helps you to find people willing to exchange their bitcoins for cash.
  • Sign up at websites such as Coinbase that reward you with bitcoins for taking surveys, playing games, and watching videos.

Now here is a word about using your credit card to buy btc. The steps are quite simple:

  • Sign up at a cryptocurrency exchange that accepts credit cards.
  • Examples of great cryptocurrency exchanges are Coinmama, CoinCorner, Bitstamp, LocalBitcoins, Coinbase, and Binance.
  • Login to your account and select the amount of bitcoins you wish to purchase.
  • Undergo an identity verification procedure.
  • Provide your bitcoin wallet address and credit card details.
  • The exchange will send the bitcoins to your wallet.

Step 3: Have you successfully completed the above tasks? If so, you are ready to deposit with btc.

Allow me to guide you through the procedure:

  • Sign up at one of the Bitcoin online casinos for Canadian players that I recommend on this website.
  • Log in to your casino gaming account and visit the cashier.
  • Choose Bitcoin as your deposit option.
  • Enter the amount you want to deposit.
  • Follow any instruction that appears on the screen.
  • Bitcoin deposits are instant and you can start playing without wasting any time.

How to Withdraw Your Winnings in Bitcoins at Canadian Bitcoin Online Casinos

When you play with bitcoins at one of the Bitcoin online casinos I recommend for Canadian players, you will definitely win prizes in bitcoins. Now, you don't have to withdraw every bitcoin prize you win.

At the same time, I don't recommend blowing all your winnings on gambling activities. I strongly suggest spending just a part of your casino profits on gambling activities and withdrawing the rest.

So how do you withdraw in bitcoins when it is time for you to do so? Let me guide you through this simple procedure:

  • Log in to your Bitcoin casino gaming account and head over to the cashier.
  • Since you have already deposited with Bitcoin, you must have a Bitcoin wallet.
  • Choose Bitcoin as your preferred withdrawal method.
  • Supply your Bitcoin wallet’s public address.
  • You can also scan the QR code of your Bitcoin wallet with the camera of your mobile device.
  • Confirm the details you have just provided and click on the "Withdraw" option.
  • Your bitcoin winnings won't take long to reach your wallet.

Are you wondering about fees? Btc deposits are usually free of charge. As for withdrawals, you may choose to pay fees if you want your winnings to hit your account very fast. If you are willing to wait for a few hours, you don't have to pay any fee. Your first withdrawal may also be delayed because of the verification procedure some casinos want you to undergo.

How to Choose a Bitcoin Casino

Let me introduce you to the two types of bitcoin casinos you will find on the Internet:

Bitcoin Only Casinos – These are online casinos that support only Bitcoin and a few other cryptocurrencies such as Litecoin, Ethereum, Dogecoin, and others. You won’t find support for any fiat currencies at these online casinos.

Online Casinos that Support Bitcoin – These are online casinos that offer Bitcoin as one of their payment methods. You can also choose to deposit with credit/debit cards, prepaid cards/vouchers, bank transfers, electronic wallets, and other methods at these online casinos.

In addition to bitcoins and other cryptocurrencies, these online casinos support traditional currencies such as EUR, USD, CAD, CAD, NOK, SEK, and GBP, among others.

You may find it difficult to choose the best Bitcoin online casino because there are plenty of them around and not all of them are Canada friendly. Moreover, choosing online casinos worthy of your attention is a time-consuming process.

That’s why I advise you to stick to the Bitcoin online casinos I recommend. Read my honest and comprehensive reviews of the same and pick a casino that best suits you.

You can rest assured that I don’t recommend online casinos at random. I recommend only the online casinos I have personally researched and played at. When I talk about an online casino, I know exactly what I am talking about.

Study the following table to get tips on how to choose the best Bitcoin online casino:

Criteria

Tips

Licensing

Choose online casinos licensed in well-known gambling jurisdictions such as the UK, Gibraltar, Malta, Alderney, Kahnawake, Curacao, and others. You will find the licensing information at the bottom of the casino website.

Customer Support

The best online casinos offer 24/7 customer support through email, social networking sites, messaging apps, live chat, telephone, and online contact form. Contact customer support to check for promptness, friendliness, and helpfulness.

Bonus

Look for a welcome bonus. Study the bonus terms and conditions to rule out unreasonable or vague clauses.

Security and Privacy

Find out how the online casino maintains a safe and secure gambling environment. Read its privacy policy to understand the measures it takes to protect your data.

Fairness

Are there any provably fair games? You can personally test these games for fairness. If not, check if the games and software and tested and certified by independent auditors such as eCOGRA, iTech Labs, GLI, and others.

Software and Games

How many software providers have the online casino partnered with? I recommend multi-provider online casinos because they offer thousands of slots, table & card games, and instant win games on a safe and secure platform.

Promotions & Rewards for Loyalty

Look for exciting promotions and rewards for loyalty. Playing at online casinos without promotions or VIP Clubs is a bland experience.

Responsible Gambling

Avoid online casinos that don’t support responsible gambling. The best online casinos offer effective player protection tools such as limit setting, cool-off periods, self-exclusion, and so on to help their customers gamble responsibly.

Bitcoin Casino Bonuses

Bitcoin casino bonuses are the biggest advantages of depositing with bitcoins. Bitcoin casinos have a way of encouraging new players to deposit with bitcoins by giving away special bitcoin casino bonuses.

In the process of vetting and researching dozens of Bitcoin online casinos, I have come across the following varieties of Bitcoin casino bonuses:

First Deposit Bonus: If you make your first deposit with btc, you qualify for a special bitcoin match bonus.

Welcome Packages: The online casino gives you match bonuses on your first two or three deposits. In some cases, you may also get a bunch of free spins on featured slots.

Reload Bonuses: If you load your gaming account with bitcoins after using your welcome bonus or first deposit bonus, you qualify for a reload bonus. The online casino gives it away as a percentage of your deposit amount.

I make it a point to study casino bonus offers carefully before recommending an online casino. This is because casino bonuses are not free money that you can withdraw at will. When you claim a bonus on your bitcoin deposit, you are receiving money from the house. The casino expects you to use it on the online casino games.

Usually, bitcoin casino bonuses are non-cashable. You cannot withdraw the bonus itself, but you can withdraw the winnings after satisfying the wagering requirements. This means that you have to roll over the bonus plus deposit amount or the bonus amount alone a particular number of times within the specified deadline before you can cash out your winnings.

Pros & Cons of Bitcoin Casinos

Bitcoin online casinos are far from perfect. They have their advantages and disadvantages. Study the following table well to decide whether you want to play at a Bitcoin online casino:

Pros

Cons

  • Bitcoin online casino transactions are anonymous. You don't have to reveal your credit card or bank account details to the online casino if you choose to deposit and withdraw with Bitcoin.
  • Since Bitcoin does not come under the control of any bank or government, it becomes the ideal casino payment method in grey gambling jurisdictions.
  • Btc deposits and withdrawals are fast.
  • Bitcoin winnings are not taxed because governments have not recognized Bitcoin as real money.
  • Using Bitcoin at online casinos is free of charge.
  • Making deposits and withdrawals with Bitcoin is very easy.

 

  • Many Bitcoin-only online casinos do not feel the need to get hold of a gaming license, which means you cannot trust them.
  • Very few online casinos accept Bitcoin as a payment method.
  • Bitcoin is highly volatile and this can have a negative impact on your winnings.
  • Bitcoin withdrawals take longer if you choose to pay zero fees or a lower fee.

What is Bitcoin – How Does Bitcoin Work

Here is a list of points that explain how Bitcoin works:

  • Btc is a cryptocurrency that was created by an anonymous person going under the name of Satoshi Nakamoto in January 2009.
  • Bitcoins are not available in the physical form; they exist only in balances maintained on an easily accessible and transparent public ledger.
  • Banks and governments have no power over Bitcoin; instead, it functions on peer-of-peer technology.
  • Bitcoins are created when people (bitcoin miners) solve complex mathematical problems on their computers.
  • You can purchase bitcoins using fiat currencies at cryptocurrency exchanges.
  • You can use your bitcoin wallet to store, send, or receive bitcoins.

Bitcoin Online Casinos for Canadian Players FAQs

Is it safe to use Bitcoin at online casinos?

Yes, it is very safe to use Bitcoin at online casinos. Hacking Bitcoin wallets is not easy as the hacker requires the login credentials of not only your Bitcoin wallet but also the computer on which your wallet is located.

As for Bitcoin online casinos, they are safe because they use the latest digital encryption technologies to protect your data. So you can rest assured that Bitcoin is a safe casino banking method.

Why are Bitcoin transactions considered to be anonymous?

You don't have to reveal your personal or financial details to anybody to use Bitcoin. You don't even have to link your Bitcoin wallet with your bank account. This makes Bitcoin transactions anonymous and ideal for those gambling in countries that have not regulated online casino gaming.

Do Bitcoin online casinos support any other cryptocurrencies?

Bitcoin-only online casinos support only Bitcoin. But there are many online casinos that support not only Bitcoin, but also other cryptocurrencies such as Bitcoin Cash, Litecoin, Ethereum, Monero, Dogecoin, PeerCoin, Dash, and others.

Some Bitcoin casinos also support traditional currencies such as EUR, USD, CAD, CAD, NOK, SEK, GBP, RUB, and others.

What other payment methods are available to Canadian online casino players?

Still not comfortable about using Bitcoin? In that case, you can choose from banking methods such as Upaycard, Neosurf, Bank Wire Transfer, credit and debit cards, and POLi.

What type of games do Bitcoin online casinos offer?

The Bitcoin online casinos I recommend partner with multiple game providers to offer libraries of thousands of online slots, table & card games, video poker games, live dealer games, and instant win games.

They offer a separate category for BTC games or games on which you can place bets in bitcoins and win prizes in bitcoins.

Many of the games at bitcoin online casinos are provably fair, which means that you can personally test them for fairness.

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