Crypto Casinos in Canada

Digital currencies have breathed new life into Canada’s casino industry. Due to their inherent convenience, anonymity and high level of security, online operators using cryptocurrencies have managed to bypass geographic restrictions and create a real hub for Canadian players.

Because of the rapid crypto gambling spread and the emergence of a large number of Bitcoin casinos and sites accepting many digital coins as payment, we could not stay away. Our experts advise crypto gambling and help casinos and gamblers expand their horizons.

Available Cryptocurrencies in Online Casinos

In addition to fiat currencies, many online operators in Canada also accept the most popular digital currencies. However, as blockchain technologies develop, more and more casinos are completely switching to paying with crypto. As a result, you can find a whole range of cryptocurrencies on the sites of such casinos.

The most popular type of crypto casino is, of course, a bitcoin casino since, despite anything, Bitcoin remains the leader among cryptocurrencies. Such bitcoin casino platforms have their specifics and differ from other online casino sites. Let’s see in which way.

Bitcoin

As the world’s most popular digital currency, it is hard to imagine a crypto casino that does not accept Bitcoin as payment. Many online operators offer special bonuses or higher withdrawal limits to Bitcoin players. However, gamblers may be disappointed by the rather high cost of transactions.

Bitcoin Cash

This digital coin offers lower fees, but the transaction processing speed is high. This makes Bitcoin Cash one of the most popular payment methods when it comes to online casino games.

Ethereum

Like Bitcoin, Ethereum takes pride in place among all available payment methods. This is largely due to the huge popularity of cryptocurrency. In addition, like its main competitor, Ethereum boasts a high level of transaction security and, at the same time, expensive transactions.

Litecoin

As an alternative to all the above digital currencies, Litecoin is designed with all possible disadvantages in mind. Therefore, this crypto coin guarantees fast and relatively low-cost payments. Because of this, Litecoin is accepted in many, if not all, virtual crypto casinos.

Dogecoin

Another no less popular digital currency, more precisely a meme-coin, is used by lovers of fast and relatively inexpensive transactions. You can find Dogecoin in the list of payment methods in almost every Canadian crypto casino.

Reasons for Providing Crypto Casino Advice

As connoisseurs of innovation and crypto enthusiasts, we cannot ignore the undeniable advantages of digital currencies and the related transformations in the gambling industry.

Reason #1: Privacy

Cryptocurrencies are famous for their ability to conduct any transactions anonymously. However, in addition to the financial privacy that all Bitcoin holders enjoy, many casino sites also offer to create an anonymous account.

Reason #2: Lower Fees

Games in traditional casinos are usually expensive. Typically, the player pays for using a credit card, making a deposit and withdrawing funds, etc. In this aspect, crypto casinos have an undeniable advantage, saving money and time. Usually, any transactions with digital coins take place in seconds, while the fees are much lower than when using the banking services.

Reason #3: Accessibility

Even though in many countries, the use of cryptocurrencies is not legalized, paying for services using Bitcoin is not prohibited. On the other hand, the gambling market is heavily regulated all over the world, and Canada is no exception. Each casino site must have an appropriate license and a number of permits. For this reason, many online resources are unavailable in some countries and regions. By using cryptocurrencies, the player enjoys the benefit of anonymity unless the use of Bitcoin is prohibited in the country.

Disadvantages of Crypto Casinos

If you ask if casinos that accept Bitcoin and other digital currencies as payment have disadvantages, we will answer yes. However, like all innovative technologies, crypto casinos also have some imperfections.

Lack of regulation. Apart from the fact that any government or any other body does not regulate digital coins, many online operators are also unlicensed.
Cancellation of payments is not possible. In many cases, the bank or payment system can return the funds to the client if necessary. Using Bitcoin as payment, the punter cannot do this since there is no intermediary between them and the gambling site. Instead, coins are sent from the player’s account to the casino account.

Tips for Choosing a Crypto Casino

Despite the higher level of protection compared to traditional gambling sites, a reliable crypto casino must have a number of other important factors. Be sure to check:

Variety and security of deposit and withdrawal methods.
The presence of possible restrictions on the use of digital currencies in your region.
Payout speed.
Availability of special bonuses and loyalty programs.
A wide range of gambling entertainment.
The reliability of the gaming software and the availability of certificates confirming the fair game results.

How to Start Playing on a Crypto Casino Site

Registering on a crypto casino site is quite simple. However, those who do not have coins in their account need to prepare in advance. How to do this we described in the step-by-step instructions below.

Step 1: Find a Reputable Exchange

Cryptocurrencies do not grow on a tree and are not bought in a store. There are special exchanges where anyone can purchase any digital currency. On such sites, in just a couple of minutes, you can exchange your Canadian dollars for any digital currency you are interested in. The most popular today are:

Gemini
Crypto.com
Coinbase
Kraken

Step 2: Create Your Wallet

Like regular paper money, digital currencies are stored in wallets. However, in this case, it is an electronic or hardware wallet. To get reliable storage, it is enough to sign up in one of the electronic wallets. The following are very popular among Canadian gamblers:

Exodus
Coinbase Wallet
Electrum
Mycelium
MetaMask

Step 3: Choose a Reliable Casino Site

There are not so many decent online casinos accepting digital currencies. Using our recommendations, you can choose a reliable and worthy platform.

Step 4: Account Creation

The registration process usually takes a few minutes. Some online operators ask you to choose your preferred currency at this stage.

Step 5: Fund Your Gaming Account

To enjoy the gaming library, you must first deposit to the account. Modern crypto casinos often simplify this process by offering a special QR code.