Canadian Casinos Accepting Bitcoin
Bitcoin has been the talk of the online world since its introduction in 2009. It was introduced as a payment method people can use online.
With Bitcoin, you can purchase tokens based on their market value and use those tokens to pay for various things while online. This payment measure provides a secure and anonymous way for you to pay for things, plus you don’t need a bank account. You won’t have to provide any personal data when sending money either.
It’s no surprise more places around Canada are accepting Bitcoin, and online casinos in Canada have begun doing so as well. Bitcoin is one of the easiest ways for you to deposit and withdraw funds at an online casino in Canada.
Best Canadian Bitcoin Casino
| Rank | Casino | Bonus | Visit | Info | Review |
|---|---|---|---|---|---|
| 1 |
|
$1500+ 150 Free Spins | Play Now | Several great promotions to pick from Excellent selection of casino games |
|
| 2 |
|
$2500+ 250 Free Spins | Play Now | Great Casino Promotions and Rewards Many crypto payment options to choose from |
|
| 3 |
|
$1500+ 100 Free Spins | Play Now | Amazing user experience, mobile friendly, top games and much more! |
|
| 4 |
|
$2500+ 150 Free Spins | Play Now | Super Fast Casino Withdrawals Fantastic easy-to-use platform |
|
| 5 |
|
$1500+ 200 Free Spins | Play Now | Over 2000 Games Plenty of Banking Options |
|
Top Scores for Bitcoin Casinos
- Simplicity – You’ll require an online wallet that can handle Bitcoin first, but it’s easy to find one. – 3.5/5
- Charges – While casinos typically don’t charge extra for Bitcoin transfers, your wallet or crypto exchange might charge you money. – 3.5/5
- Safety – No bank account is necessary, and all transactions are anonymous. – 5/5
- Availability – There are more places where you can buy and sell Bitcoin than ever. You’ve got lots of wallet options too. – 4/5
- Speed – Bitcoin deposits are instant, and withdrawals will be available in less than 24 hours on average. – 4/5
How Does a Bitcoin Transaction Work?
Bitcoin makes it easy for you to fund your Canadian casino account. Here’s how a typical Bitcoin transaction will work:
- You’ll start by specifying the address you want to send your Bitcoin. In this case, you’ll list the Canadian casino Bitcoin address the casino requests.
- You’ll then list the amount of money you want to send to the casino.
- Your wallet or exchange will require you to list a fee for transferring funds. The fee is necessary for facilitating the Bitcoin network. A higher charge means your transaction will be at a higher priority and finished sooner.
- Multiple computers or nodes on the Bitcoin network will analyze and confirm your transaction.
- The casino will receive your transaction after it is confirmed and then add the funds to your account.
The timeframe for how long it takes for a Bitcoin transaction to work will vary, with your fee dictating how long it will last. A higher fee means the transaction will be done sooner. But the process is simple and safe, as it doesn’t require you to send private data.
Why Use Bitcoin at Online Casinos?
Safe – Bitcoin is safe for Canadian online casinos, as all transactions are encrypted and anonymous. Since Bitcoin works on a decentralized network supported by multiple computers instead of one platform, the risk of the Bitcoin network going down or being infiltrated is minimal.
Easy & Fast – You can use your preferred Bitcoin wallet to transfer and receive funds in moments. Today’s wallets are easy to use, as you can select how much you want to transfer and to whom you want to send money right away. The timing for how long it’ll take for you to make a deposit into your online casino account with Bitcoin will vary. The good news is that most deposits are instant. Meanwhile, you can get your withdrawals in less than 24 hours in most situations.
Private – You don’t have to send any bank or credit card data to a casino when you use Bitcoin. You’ll only send your Bitcoin wallet address.
Affordable – While you might have to spend sizeable fees for credit card transactions, Bitcoin transfers are free to handle in most situations. But some Bitcoin wallets or exchanges might charge you a fee of anything from 2.5% to 5% in some situations. Check with your preferred wallet or exchange to see what the terms are. You can adjust the fee to make the transaction go faster, but the terms will vary by spot.
Exclusive Offers – You may qualify for an exclusive Bitcoin deposit offer at some Canadian casinos. Many casinos will offer these deals to make Bitcoin transactions more appealing. A casino won’t have to pay a credit card network to access transactions, meaning it will receive all the funds from a Bitcoin deal.
Are There Any Problems With Bitcoin?
As exciting as Bitcoin can be, there are a few concerns to watch for:
- You’ll need to install software to your mobile device or computer to get access to a Bitcoin wallet.
- You’ll also have to visit a Bitcoin site to order Bitcoin to add to your wallet.
- The value of Bitcoin can consistently change. Keeping your Bitcoin in your wallet for too long can be a concern, as there’s always a chance you’ll lose much of your money.
- There’s a risk of possibly losing your Bitcoin if you don’t recall your login information for your wallet.
How to Deposit With Bitcoin
Here’s how you can make a deposit at an online Canadian casino with Bitcoin:
- Download your Bitcoin wallet from a Bitcoin exchange site.
- Purchase Bitcoin to add to your wallet.
- Select the Bitcoin option to deposit funds.
- You’ll receive a wallet address from the casino. Copy and paste that address from the casino into your Bitcoin wallet. This address is the one where the Bitcoin will go.
- Authorize the transfer of funds to your casino account.
- You should see the funds in your account soon.
How to Withdraw With Bitcoin
It’s also easy to withdraw from a Canadian casino when you use Bitcoin:
- Go to the withdraw option at the cashier section of your Canadian casino site.
- Enter your Bitcoin wallet address.
- Enter the amount of money you are looking to withdraw from your account.
- Confirm the payment.
- You’ll receive your funds in your Bitcoin wallet soon. The timing will vary by how busy the Bitcoin network is.
Where Can I Get Bitcoin?
You’ve got multiple exchange wallet options to explore when obtaining Bitcoin:
Cex.io
First, you can download a free Bitcoin wallet from Cex.io. Cex.io will also help you acquire Bitcoin through a credit card transaction. Cex.io is one of the oldest exchanges around, as it has been in operation since 2013.
Cubits
Cubits is a safe Bitcoin online exchange that complies with international money laundering rules. The group supports all major currencies, including the Canadian dollar. You can download a free wallet from this website as well.
Copay
Copay by Bitpay is a Bitcoin wallet available for most mobile devices. You can also install the wallet on your desktop computer if you prefer.
Breadwallet
Breadwallet is one of the most secure exchange and wallet solutions around. Breadwallet has a simple interface and a six-digit verification standard to ensure your protection. You can only get a Breadwallet wallet for your mobile device, as no desktop options are available.
Coinbase
Coinbase is an outstanding exchange that supports Canadian traders. You can use a credit card to buy Bitcoin before transferring the funds to a Canadian casino.
Indacoin
Indacoin doesn’t require prior registration before you buy or sell Bitcoin. It also supports most wallets, plus you can use a credit or debit card to purchase Bitcoin if necessary.
Further info about Bitcoin
Email: [email protected]
Telephone: NA
Available Hours Telephone: NA
Bottom Line
It’s easy to play at real money online casinos with Bitcoin. Bitcoin gives you a simple approach to sending and receiving funds online. It’s a secure and quick option, and more Canadian casinos are accepting it today than ever before.
Check out our listing of online Bitcoin casinos in Canada to see what’s open.
✔️ Pros
- Easy to facilitate transactions
- No fees necessary
- You may qualify for a deposit bonus
- Multiple bitcoin wallets to choose from
- You don’t have to provide your banking account to anyone
- No currency exchange fees necessary
- All transactions are private
❌ Cons
- It costs extra to acquire bitcoin in some places
- Some bitcoin wallets charge fees for transactions
- You must keep your bitcoin wallet login information intact or else you’ll lose access
- The value of bitcoin can dramatically change without warning
FAQs
- How can I check the value of Bitcoin?
-
You can check the value of Bitcoin by going on various websites that list current prices. Coinmarketcap.com is one useful example.
- What fees are involved with Bitcoin transactions?
-
Online Canadian casinos will not charge money for Bitcoin transactions, but an exchange or wallet might impose specific fees. Check with a wallet or exchange for details on what fees are necessary.
- Are there limits to how much Bitcoin you can transfer or withdraw?
-
The rules for how much you can handle at an online Canadian casino will vary by site. Check the terms listed on a site for details.
- Can you use other cryptocurrencies besides Bitcoin in Canadian casinos?
-
Some Canadian online casinos also accept alternate cryptocurrencies, but the options will vary by site.
- Are there any special bonuses available for Bitcoin deposits?
-
Some websites may offer exclusive bonuses for people who use Bitcoin to complete a deposit. Casinos often do this because they don’t have to spend extra to facilitate Bitcoin payments, plus the transaction process is easier to handle in most situations.
- Can you withdraw your Bitcoin as actual Canadian dollars after taking it out of your casino account?
-
You may be able to withdraw your Bitcoin at a Bitcoin ATM. There are many Bitcoin ATMs that can help you deposit and withdraw Bitcoin into an existing wallet, plus some will help you transfer your currency into real Canadian dollars. But there are often fees associated with this point, as ATMs need money to stay operational.
