Bitcoin is a decentralized digital currency and asset, the creation and control of which is not in the hands of any government institution. Bitcoin was founded in 2009 and is widely believed by the global media and crypto community to have been founded by Satoshi Nakamoto.
Bitcoin is the first cryptocurrency to receive approval as a payment method for both online and offline transactions. Cryptocurrencies have revolutionized gambling globally, with Canada boasting many bitcoin gambling sites. Today, bitcoin casino Canada has become a wonderful sensation, which is why Canadian bitcoin players can use this guide to navigate the innovative space.
Since the last decade, bitcoin – the most popular cryptocurrency, is increasingly accepted across almost every business sector in the world. From businesses such as hotels, restaurants, cafes, eateries, malls, airlines, automotive manufacturers, to sports betting, esports betting and casinos, the fact remains that innovative companies give primacy to bitcoin as a payment method. With particular regard to casinos, bitcoin is the fastest and most convenient means of depositing money.
When it comes to withdrawing your winnings, withdrawal requests typically take a few hours to be effected. One thing to note about crypto-casinos is that players’ anonymity is top-notch, with every transaction happening between you and the casino. You only need to choose the best bitcoin casino Canada, register an account with authentic personal details and start enjoying. After having selected your games, you would need to select bitcoin as your preferred payment method, as well as input your deposit amount. Once the deposit reflects in your account, you may start playing.
We like to point out that most crypto-casinos and hybrid casinos have special bonus programs for bitcoin players. So, besides your deposited funds there are quite other exciting benefits accompanying bitcoin deposits on such casinos.
We like to simplify things for all players to understand our parameters for vetting and recommending the trusted crypto gambling sites listed here. The parameters you can use include:
To be able to handle real money bets and offer gambling services to players, a casino must be licensed by a legitimate regulatory institution. Such licence must be valid at the time of issuing bets, and the regulatory terms of such licence should always be complied with. Most online casinos usually display their licence information at the foot of the homepage. It’s best to refer to such details thereon.
You need to be able to have your withdrawal requests effected as quickly as possible. And this is what bitcoin casinos offer, in that despite offering bitcoins, all other payment methods also offer fast withdrawals.
A standard, trustworthy casino must have a variety of different casino games. Such a casino must have tens or even hundreds of popular games such as slots, table games, card games, live casino, scratch/ instant games, etc.
A casino should be easily accessible on all smartphones with an internet connection. The user interface of Canada bitcoin casino sites on mobile browsers should be easy and effortless to surf and navigate.
Most players have a big connection with bonuses, which is why trusted casinos offer welcome, deposit, no deposit, free spins, VIP/Loyalty bonuses to players. You should always check this out.
Needless to say, a live casino section bolsters the confidence that players repose in online casinos. The quality of games on the live casino section is also an important consideration, as both determine how much fun you can have.
A casino that means business is always improving and offering robust customer service for the easy and timeless resolution of issues and complaints.
Much like other banking methods, bitcoin has steps you must follow to successfully deposit money in a casino, and these are explained below:
A bitcoin wallet is your vault for storing your bitcoin assets, and through which all transactions happen. You can create a software, hardware, or online bitcoin wallet. It is mostly advised that you go for the hardware wallet as it works with a drive exclusively developed for it.
You can buy bitcoin from a crypto exchange and deposit the same in the bitcoin wallet you created above. Afterwards, you should duplicate storage info on another secure space.
The many bitcoin casino Canada sites make it difficult to choose where to play. But using our parameters above, you can begin to streamline your choice of casinos and choose simply the best options, for instance, the ones on our site.
Once you indicate your intention to deposit, bitcoin legal in Canada casinos will forward you a code that you need to copy and paste into your bitcoin wallet. Input the deposit amount and confirm, and this will reflect in your casino account.
At this stage, you are ready to start playing your favourite games. You will have to set the wager for every game you play and stick to it.
Bitcoin withdrawal is remarkably faster than all other transfer payments and mostly attracts no fees or charges. You may withdraw by:
You need to log in to your account and choose bitcoin as your preferred mode of withdrawing funds. This process is more or less the same as other methods like credit cards or e-wallets.
To effect your bitcoin payments request, the casino will demand all relevant details of your withdrawal request, such as bitcoin wallet, amount, email address, and more. Confirm they are authentic before providing them, especially your wallet.
If you are into bitcoin gambling in Canada, you could attest to how fast the withdrawal can be. The transaction will reflect in your balance within only a few minutes to a few hours.
Canada is one of the nations that have welcomed cryptocurrencies with open arms. The adoption of cryptocurrencies has been widespread and largely pervades every part of Canada. Both regular and mainstream businesses accept payments in cryptocurrencies. This means that bitcoin and other cryptos are legal and safe to use in Canada, with no express provincial or federal rules outlawing or banning their use.
However, despite its adoption, bitcoin is not the Canadian legal tender, the Canadian dollar still is. Nevertheless, betting with bitcoin on legit bitcoin casinos in Canada is completely safe for all players. The good thing is that players can engage in different kinds of gambling in Canada. Gambling on single games of casino, hockey, football, etc. is officially prohibited in the Canadian Criminal Code. But the power to outlaw and ultimately prohibit the operation of gambling is vested in the various provinces.
As a result, provincial authorities like the Alberta Gaming, Liquor and Cannabis Commission, Nova Scotia Gaming Corporation, British Columbia: The Gaming Policy and Enforcement Branch, etc. regulate different offshore-based casinos in Canada. The practice has been for Canadian players to wager on such offshore casinos where they can play casino bitcoin games, regulated or not.
When you get to Canadian bitcoin casinos, you will find that they very much have the same games as non-bitcoin or hybrid casino sites. It goes without saying that even with bitcoins, you can play popular online casino games such as slots, table games, card games, progressive jackpots, and even live casino games.
The games are also supplied by top developers, who develop them to offer the best possible experience to bitcoin casino players. Consequently, popular slots, roulette, poker, blackjack, keno, live games, etc. all have well-developed 3D graphics for you to play on bitcoin casinos. The sound effects and animations are always exciting to explore, making bitcoin casino games a great option.
One of our tips for bitcoin gambling safety is for players to always choose games with a high return to player percentage (RTP). By doing so, the house edge is fairly reduced.
There’s no doubt cryptocurrencies are popular in the gambling world, but some players don’t quite understand that apart from bitcoins, they can also play with other cryptocurrencies. Here are other popular cryptos that are accepted on crypto casinos:
To ensure casinos bitcoin safety for players, this section of our bitcoin online gambling reviews highlights such things you should know as:
Yes, it is. Canada is a top bitcoin-adopting nation, with many people using it for different transactions online and offline. So, it is legal to gamble with bitcoin in Canada on the best bitcoin casinos, provided such casinos are regulated.
Yes, you can. In fact, bitcoin casinos are fast becoming synonymous with high bonuses, because these casinos offer exciting bonuses that seek to attract as many players as possible. They offer welcome, free spins, deposit, no deposit and VIP bonuses to players.
We employ different parameters and criteria for selecting and recommending casinos for players. In this regard, some best online bitcoin casinos in Canada include Bitcasino.io, BitStarz, 22Bet, Cloudbet, 1x Bit, Play Amo, among others.
Bitcoin has a couple of unrivalled benefits over other casino payment options. First, you should choose bitcoin for fast and independent transactions. When depositing with bitcoin, you are interfacing with the casino only, which increases your security and anonymity. Bitcoin casinos offer much more attractive bonuses than fiat casinos, and you also get to receive your winnings with little or no fees attached, as well as no charges/taxes from your jurisdiction of residence.
Yes, you can. Playing your favourite bitcoin casino is absolutely possible on your smartphone. You only need to have an internet connection, with which you can create or login to an account and enjoy some awesome casino games.