If cryptocurrency is your favourite payment method, good news Canuck! There are many excellent Bitcoin casino sites in Canada! Considered to be one of the safest, fastest, convenient and most anonymous payment methods available, Bitcoin (BTC) has become a favourite choice for Canadian gamblers who want to enjoy top gambling entertainment and bonuses online and on mobile. Get the scoop on Bitcoin gambling with MapleSlot and check out our top list of the best BTC Canada casinos online!
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Canada and Bitcoin – The Decentralized Choice
If you’re already a Bitcoin casino player in Canada, then you likely know why so many Canadians enjoy using this currency when making casino deposits and withdrawals.
If you’re new to the crypto game, here’s the gist of what you need to know if you’re thinking about using this currency (BTC) instead of the good old-fashioned Canadian dollar (CAD$). Bitcoin is secure, quick and one of the most anonymous ways to make payments in the digital realm.
What is Bitcoin?
Bitcoin is a decentralized digital currency, also known as cryptocurrency. It is 100% digital and has no physical form (e.g. paper cash or metal coins). It was invented in 2008 and began in 2009, and, unlike conventional forms of currency like the Canadian dollar, it does not have a central bank or single administrator.
In essence, it is a peer-to-peer technology that allows Bitcoin users with a crypto wallet to make secure and anonymous transactions to one another. The transactions are verified by network nodes via cryptography and recorded in a blockchain, which is a public distributed ledger.
According to Statista there were over 42 million Blockchain wallet users by the end of September 2019. Although not all these users use bitcoins, as it is not the only cryptocurrency available, Bitcoin continues to have the most users today.
What is a Bitcoin casino?
Bitcoin casinos are online and mobile gambling destinations that allow players to make deposits and withdrawals with BTC currency. In other words, you can play your favourite slots and other games with real money using bitcoins with the chance to win bitcoins.
Canadian casinos that offer Bitcoin gambling usually make it clear that they except this form of payment right on their homepage, with some openly declaring themselves to be BTC casinos right in their brand name.
Why do Canadians love playing at Bitcoin casinos?
Here are some of the reasons why more and more tech-savvy and younger Canadians are choosing to play at Bitcoin online casinos:
- Top security
- 100% protected privacy
- Anonymous transactions
- Win bitcoins
- Great bonuses
- Quality VIP programs
- Quick deposits and withdrawals
- Fair gaming
Types of Canadian Casinos that Accept Bitcoin
The number of Bitcoin casinos online are growing as the use of this currency becomes more popular among players. You’ll find that while some of these casinos simply offer cryptocurrency as an additional payment method to other more traditional banking solutions like credit cards, debit cards and eWallets, there are also casinos that only accept BTC.
As long as these gambling operators are safe, secure, legit and responsible, like those we list and review at MapleSlot, either type of casino is an ideal option for Canadian Bitcoin players.
Bitcoin Mobile Casinos
You can enjoy plenty of fun at a Bitcoin mobile casino via your iPhone, iPad, Android smartphone or tablet as well as compatible Windows Phone and Blackberry phone devices. The on-the-go HTML5 platform is perfectly suited for the diverse operating systems. What’s more, mobile games can be accessed with quick ease and instantly from your preferred mobile browser. Some BTC mobile casinos also have apps available for iOS and Android devices for an even more convenient and stellar experience.
Bitcoin Live Casinos
If you were secretly hoping that there would be a Bitcoin live casino where you could play with bitcoins, you’re in luck! Several live casinos are also BTC compatible! This means that you can enjoy all the live casino action you crave with human dealers in real time, including Live Roulette, Live Blackjack, Live Baccarat and more.
Bitcoin Bonus Casinos
Wondering if you can take advantage of awesome promotions if you choose Bitcoin gambling sites? the answer is YES! Simply because you prefer to play with crypto money, this doesn’t exclude you from the chance to claim awesome offers and perks. Depending on where you play, you could benefit from promotions like:
Bitcoin Casino Welcome Bonus
As a new player, when you make your first deposit of bitcoins into your account you can claim a welcome Bitcoin casino bonus. Usually these are match deposit bonuses (e.g. 155% up to 1.5 BTC for a maximum bonus total of 5.5 BTC). Sometimes a welcome offer will include both a bonus and free spins and the promotion may be awarded over multiple deposits*.
Bitcoin Casino No Deposit Bonus
This is a bonus that is usually awarded to new players before their first deposit but is also sometimes given to loyal existing players as well. Whatever the case, with this promotion, you don’t need to make a deposit to receive the reward. Once claimed, you are typically provided a certain amount of casino bonus money or a certain number of free spins that you can play for the chance to win bitcoins*.
Bitcoin Casino Free Spins
This is a common perk that is often included with welcome bonuses, as a reward for winners of slots tournaments, or with a special deposit offer. These spins let your play bitcoin slots for the chance to win BTC*.
Bitcoin Casino VIP Programs
If you like loyalty and VIP programs you’ll definitely want to chose a BTC Canada casino that rewards you the more that you play. Bitcoin VIP casinos provide a variety of perks to their loyal players, such as personal account managers, higher deposit and withdrawal limits, invitations to exclusive events, etc*.
*All BTC casino bonuses and promotions are subject to bonus terms and conditions. Be sure to read these terms prior to claiming any offers to make sure you understand how the particular offer works (e.g. rules, restrictions, wagering requirements, etc.).
Deposits and Withdrawals with Bitcoin
If you want to take part in crypto gambling at a Bitcoin online casino that we’ve listed above or anywhere else, you will first require a crypto wallet. There are many types of wallets for different platforms as well as more than one way to obtain bitcoins.
What is a Bitcoin Wallet and How Do I Get One?
A Bitcoin wallet, also known as a crypto wallet, is what allows you to send, receive and store bitcoins. In short, it is a vital tool if you want to use this currency. There are many ways for you to set up a wallet. Essentially, you have the following options.
A document the contains a public address for receiving Bitcoin and a private key that lets you spend or transfer Bitcoin stored in that address. These wallets are printed in the form of a QR code.
Download and install a wallet into your computer for Windows, Mac or Linux. These wallets do not rely on third parties for their data. This tends to be a good option if you trade small amounts of Bitcoin via your computer. Popular examples of desktop wallets include: Electrum, Exodus, Armory and Bitcoin Core.
You can install mobile apps available for iOS, Android, Windows Phone and Blackberry that store the private keys and let you pay using BTC directly from your phone. These wallets are controlled by third parties. This is a handy tool for those who use Bitcoin on a regular basis. Popular examples of iOS and Android mobile wallets include: Mycelium, FreeWallet, Copay, and Jaxx.
These e-wallets store your private keys on a server that is continuously online and controlled by a third party. This is often considered to be the easiest and most popular method. Popular examples of web wallets include: Coinbase, Lumi Wallet, Blockchain and Circle.
The most ideal wallets for Bitcoin casinos are mobile and web. To obtain a web or mobile wallet you simply head to the website of the wallet service provider with whom you want to register an account. This typically involves:
- Filling out the application form
- Creating a Wallet ID by providing an email address
- Creating a password
- Verifying your email
- Logging in to authenticate and finalize your wallet for usage
That said, remember that this is only an example. Be sure to follow all instructions as they are laid out to register a wallet, and if you should ever have any questions, get in touch with the company’s customer service.
How do I get Bitcoins?
Of course, to play at BTC Canada casinos you need to have bitcoins. There are different ways that you can obtain Bitcoin crypto currency in Canada. Aside from selling goods or services for BTC or working for a person or business that would pay you in this currency, the most popular methods include:
- Online exchanges
- Bitcoin ATMs
- Peer-to-peer network
- Over-the-counter (OTC)
- In person retail location
Online exchanges, such as Coinbase, are the most popular place to buy BTC for Canadians because they are simple and easy to use. For instance, residents of Canada can use Coinbase to purchase bitcoins with a debit card. The fee is 3.99% per purchase and bitcoins are delivered instantly.
Important! Understand that using Bitcoin comes with risks. Make sure you understand these risks before you buy BTC or any other cryptocurrency with your Canadian dollars. Since Bitcoin is a decentralized currency it is highly volatile. This means it can easily double in value over the next few years or it could plummet to near zero in value. Likewise, choosing a safe and trusted wallet provider is important to avoid the theft of your funds.
How to Deposit with Bitcoin?
Once you’re all set up with your wallet and bitcoins, playing at a Bitcoin casino in Canada is easy and not all that different from using a traditional banking solution. To start your gambling fun, you simply need to load bitcoins into your casino account from your wallet as follows:
- Register a free player account with the Bitcoin casino of your choice
- Go to the cashier and select Bitcoin
- You’ll be provided with an address where to send your bitcoins
- Return to your Bitcoin wallet and send the bitcoins you want to deposit into your casino account to the address you were given from the casino cashier
- Your transaction should process within a minute or less*
*Sometimes a BTC transaction can take up to 30 minutes when transferred from your wallet to the casino.
How to Withdraw with Bitcoin?
Making a withdrawal is just as easy as making a deposit.
- Login to your Bitcoin casino account
- Access the Cashier and select “Withdrawal”
- Enter your Bitcoin wallet address
- Type in the amount of Bitcoins you want to cash out from the casino
- Confirm your withdrawal
- Your transaction should process within 1 to 3 days depending on the casino*
*Bitcoin transfers may be subject to transaction fees. These fees may vary depending on your wallet provider.
*Keep in mind that the above deposit and withdrawal information has been provided as a general guide. Be sure to follow the specific deposit and withdrawal instructions as they are laid out at the Bitcoin casino where you choose to play. If you should ever have any questions regarding the bitcoins payment process, contact the casino’s support.
Bitcoin Casino Games
Typically speaking, if you come across a Bitcoin casino in Canada, chances are that any of the games that they have available can also be enjoyed using BTC, be it slots, live games or video poker.
That being said, not all casino games are BTC compatible. Therefore, on the whole, there are far fewer bitcoin-friendly casino games compared to other real money games supported by traditional banking solutions.
Be that as it may, there are still hundreds of online and mobile Bitcoin games for you to enjoy. For instance, you can play:
Slots – Experience a wide range of Bitcoin video slots, Bitcoin classic slots and even Bitcoin jackpot games that have progressive top prizes.
Table Games – Enjoy virtual classic casino card and table games at their finest like Bitcoin Blackjack, Bitcoin Baccarat, Bitcoin Roulette, Bitcoin Craps, Bitcoin Poker, and so on.
Video Poker – Play multi-hand and single variations of BTC video poker games, like Jacks or Better, Aces & Eights, Deuces Wild, etc.
Live Casino Games – As previously mentioned, Canucks can also engage in the real-time and real-money action fun of live casinos with bitcoins. Bitcoin Live Blackjack, Bitcoin Live Roulette, Bitcoin Live Baccarat, Bitcoin Live Poker and other live games are ready for play.
One of the biggest perks of using Bitcoin as a payment method is that it is anonymous. It’s not linked to a bank account or personal identification, as is the case when using services supplied by regulated financial institutions.
You will find that some BTC casinos truly allow for anonymous betting as they don’t require any personal information for you to gamble, not even an email. Meanwhile, others will require an email and password for you to make an account. That said, in both cases, you won’t need to provide sensitive information, such as your home address or contact details. All you need is your crypto wallet address and the casino’s to deposit, play and withdraw money.
However, remember that even though you may be able to gamble anonymously, you still need to gamble responsibly.
Advantages and Disadvantages of Bitcoin
There are several benefits of Bitcoin gambling. That said, there are drawback of using this digital currency as well. If BTC casinos are something you’re considering, it is important that you understand both the pros and cons of using this cryptocurrency.
|Bitcoin Pros||Bitcoin Cons|
|Secure and fast deposits and withdrawals.||You may have to pay a small transaction fee.|
|Accepted at legal and top-quality casinos in Canada.||Although more casinos are offering Bitcoin, there are not a wide-range of Bitcoin casinos in Canada.|
|Anonymous betting. You don’t need to provider personal or sensitive information to deposit and play.||Casinos that accept Bitcoin are not required to hold a license issued by a specific jurisdiction. Therefore, not all BTC casinos adhere to responsible and fair gaming practices required by regulators*.|
|Its decentralized. Without a central regulating authority, no one takes your coins from you and you control your transactions.||Bitcoin is highly volatile. The exchange rate fluctuates frequently and can move up or down at an extreme rate without warning.|
*MapleSlot only recommends to Canadians licensed online casinos that respect fair, secure and responsible gambling practices.
Bitcoin Casino FAQ
Yes. If you cannot legally bet at a BTC gambling destination from Canada, the casino will block you. To be on the safe side, we recommend playing at any of the casinos we’ve reviewed and recommended at MapleSlot.
Aside from purchasing bitcoins or gambling and potentially winning bitcoins, you can earn them through ways such as: mining, owning a faucet, trading Bitcoin, affiliate programs, bitcoin lending, etc.
Yes! This cryptocurrency is encrypted multiple times over and users of BTC can typically remain anonymous. For even better security, make sure you’re playing at a secure, fair and legal casino, and you’ve obtained a BTC wallet from a reputable service provider to avoid the potential theft of your funds.
The best BTC CA casino is the one that provides you with the games you like best, offers excellent promotions and is committed to delivering a secure, fair and responsible gaming experience. Check out our list of Bitcoin casinos in Canada for MapleSlots’ top picks!
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