Online Casinos That Accept Bitcoin in Canada — Guide to BTC Gambling

At the helm of cryptocurrency is bitcoin. It is fair to say this pioneer of digital currencies is the benchmark for the rest that have since been developed. Amid so much confusion, bitcoin managed to show the world that there could indeed exist a currency other than fiat that could be used as a medium of exchange. We have come from so far to finally have some of the biggest entities in the world – such as Apple – acknowledge this currency and finally accept it as a means of payment.

The online gambling world, which is known for valuing anonymity, has now slowly accepted this payment. That is how we now have Canadian bitcoin casinos. Why are Bitcoin casino Canada sites becoming such a hit with players? This form of payment is secure since it is based on blockchain technology that is so far unbeaten. It is also free and faster than any other online payment option. The casinos accepting this form of payment are some of the best, with great games and certification to ensure player protection. The bitcoin gambling Canada scene is just warming up as more casinos are expected to join the revolution.

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• What is Bitcoin?
• Where do I buy Bitcoins?
• The Different Types of Bitcoin Wallets
• How to Deposit Money to a Casino Account via Bitcoin
• How to Withdraw Bitcoins
• Alternative Online Payment Methods
• Top 4 Recommended Casinos with Bitcoin Deposits
• Bonus Bitcoin
• Play Online Bitcoin Casinos for Real Money
• Mobile Casinos that Accept Bitcoin
• The Benefits of using Bitcoin
• The Disadvantages of using Bitcoin
• Avoid Bitcoin Online Casinos from our Blacklist
• FAQs on Bitcoin Casinos

What is Bitcoin?

Bitcoin, often described as cryptocurrency, is a virtual currency whose value is currently assessed purely by the forces of the market. It is a computer file that is kept in e-wallets located through a smartphone or computer. Without the codes, this currency becomes worthless, which is precisely why it can only be traded in its digital form. BTC was invented by an unknown entity called Satoshi Nakamoto in 2009. This mysterious person was involved in much of the conversation about this currency until they eventually disappeared. This currency they made is stronger now than ever.

The concept behind BTC and the technology supporting it – blockchain – was to decentralize financial transactions. This innovation removes the need for conventional banks by ensuring users are fully accountable for their transactions, particularly international ones. Being entirely free, this payment method has become quite popular with bitcoin casinos Canada and other growing industries. Everyone wants to try something different.

As we've observed, there have been diverse reactions to cryptocurrency. After Elon Musk mentioned he thought it was a fantastic thing, the worth of BTC rose dramatically so that it was at one moment at its highest. The Bank of Singapore said it was considering adopting the digital currency as the standard of wealth that has since antiquity been the reserve of gold, but that wasn't long after the Bank of England had issued a message summarizing the currency's instability. Change is happening quickly.

This is part of what is being debated about BTC, but we can all notice the trend. Although it is quite volatile, it is proving to be a powerful force. No one dares ignore this currency anymore. The best Canadian bitcoin casinos are not taking risks as they know players seek this anonymity that only bitcoin provides.

In this article, we will delve deeper into how to get some of the best bitcoin casino Canada sites.

Where do I buy Bitcoins?

There are three ways you can get BTC to use as a casino bitcoin deposit. One, you can mine them the same way people mine gold. Currently, over 18 million of them have been mined, but we still have about 2.5 million to go to reach the set target of 21 million, according to the founder of the currency, it will take about 100 years to mine it all. So, if you can invest in this venture and the resources to get it done, go ahead and mine.

The second option is to buy BTC from people that you know who own some to use at Canada BTC casinos. Lately, PayPal has entered into a deal allowing these transactions to take place on its site. The last option is to buy the cryptocurrency from known publicly traded entities like you would dollars from the forex market. You can also get work done and accept payment in BTC. Coinbase and Coinmama are two well-known avenues that sell and buy crypto.

The Different Types of Bitcoin Wallets

There are four bitcoin wallets; Mobile Wallets, Desktop Wallets, Web Wallets, and Hardware Wallets.

Desktop Wallets are stored in desktops, as the word suggests, and they give the owner the power to operate their account as they wish. Some of the best-known desktop wallets are Bitcoin Core, Electrum, MultiBit, Armory, and Hive OS X. You can use these to transfer money to a Canada BTC casino.

Mobile Wallets work so much like desktop wallets, only that they also facilitate the 'touch and go' option, NFC, and reading a QR code. Web Wallets are available to access from anywhere since they are on mobile, but you want to be careful so that your private key doesn't fall into the wrong hands. Hardware Wallets are the most secure since they store the private key in a device that you have to insert into your PC like you would a flash disk.

Note that all these digital wallets are accepted anywhere, including BTC casinos Canada sites. The most important consideration you want to make before choosing one is the safety of your private key since hackers target it all the time.

How to Deposit Money to a Casino Account via Bitcoin

If you are new to a Canadian bitcoin casino, you first have to register an account if you meet their requirements. Usually, you will be required to be over 18 and show proof that you live in Canada. After this, you can go on and deposit your BTC at the casino. At the cashiers, you will select this payment option, after which a pop-up window will guide you on the next step. Enter the amount to transfer. You will be taken to the e-wallet, where after entering the amount and required credentials, you can now transfer the BTC. You will be notified of the action's success.

Transfers with BTC take minutes and so you should be able to start playing almost immediately. Casinos usually dictate lower limits to guide you when depositing. Naturally, using BTC is free whether you are depositing or withdrawing. This is the main attraction of this means of payment.  We list the top bitcoin casino sites Canada here to help you decide the best to play at when you have some BTC to spend.

How to Withdraw Bitcoins

If you do not already have a digital wallet for BTC, you want to start with opening any one of those discussed here. This process is free and quite easy. After that, you want to look for Canada bitcoin casinos that will allow you to make this transition and start playing. Again, and as you will see here, this doesn't take much time. Once the wallet is ready, you are ready to transfer your winnings from your casino account.

Go to the cashier at your preferred mobile bitcoin casino and select this payment platform. Enter the amount you would like to transfer and then enter your credentials to complete the transaction. Since there is no bureaucracy with this digital currency, your gambling account should be debited immediately, and credits made available to you instantly. You can then decide whether to convert the BTC to your currency or spend it as is.

Alternative Online Payment Methods

While Bitcoin is a great payment option that allows you to stay anonymous, it is not always available at all casinos. Where it is available, you can deposit money and withdraw winnings from your casino at no cost, and you do not have to worry about the exchange rate at any time. When it is not an option, but the site still has some of the best games online, there are other alternatives that are almost just as secure and fast. Here are our top four that you will always find at the best sites in Canada.

• Skrill. Founded in the UK 19 years ago, this payment platform has been offering money transfer services at a fraction of the time it takes a bank to do the same. You only need an active email address to open a Skrill account and start transacting. Users can fund their accounts from their banks or through other e-wallets on the market. This platform is now available in 120 countries and 40 currencies. Deposits into casino accounts are free, but you will be charged the withdrawals. It is secure, faster, and cheaper than traditional banks, and most casinos accept it as a form of cash transfer.
• Interac. The Interac network is rife in Canada, where there are over 50,000 ATMs that accept this MasterCard. You can also transfer funds through the platform and straight from your bank account. Since the card is like a regular debit card, you are safe in the knowledge that you cannot overdraw your account. Everything with Interac can be done through the mobile phone or PC as it is a mobile system. Deposits have a small charge to them but there are also several levels of accounts that can significantly lower your expenditure.
• Neteller. This payment platform was founded 22 years ago and is now part of the Paysafe Group. With this option, you can transfer funds from your bank account and then fund other e-wallets easily through your phone. A fee is charged to use some of the account's premium features, but high-volume users get a discounted rate. They are also eligible for cashback promotions from time to time when they use this platform to fund their gambling accounts. Several casinos in Canada have Neteller as a top payment alternative to BTC.
• Paysafe. If you do not want the hustle of using your bank account whenever you make payments at the casino, this option is the best for you. With a wide market that allows players from different countries to buy cards for expenditure, Paysafe is secure and efficient. This prepaid card is available in different denominations depending on where you are based, you will be required to use a unique PIN that comes with the prepaid card to make your deposit, which is free. No bank is required, and you can spread the money into two or more deposits.

Top 4 Recommended Casinos with Bitcoin Deposits

There are several casinos available to Canadians that will accept either of the above-mentioned payment methods. We selected these four below because they are some of the best casinos that accept BTC. They are licensed, have plenty of games, and their terms are acceptable. The sites are also available in both English and French, two of the official languages in Canada. If you are not keen on using BTC, they have some of the payment options we discussed here as preferred alternatives to bitcoin.

• Bob Casino. If a licensed casino with live games, jackpots, and slots from some of the best developers in the industry is part of the package you want, you get it at this casino. The welcome bonus is capped at $1,500, and there are also free spins to sweeten the deal even more. You want to pay attention to the terms and conditions to see what percentage clusters of games contribute to wagering as well as the wagering requirement itself. The bonus is spread over the first three deposits, and with each, you get unique terms.
• CasinoChan. You know the quality of a casino's games by the developers they partner with. A simple look at CasinoChan lets you know to expect quality and excitement. The developers are top-of-the-market, game variety is great, and there is the welcome bonus that you want to take advantage of if you meet the requirements. The casino's terms are quite simple if you can spare a minute to read the page. With over 2,000 slots, several table games, video poker, and 24/7 customer care, there is something for everyone here.
• PlayAmo Casino. PlayAmo has been around long enough to know what online players look for in a casino; game variety, a simple bonus structure with me reasonable wagering requirements, and transparency. User information is secured with end-to-end encryption, the games are developed by MicroGaming and other big names in the industry, and the bonuses for new players are given upon depositing the first and second amounts into your account. Naturally, you would have to be new and above 18 to comply with set standards.
• Bronze Casino. The first thing you notice about the site when you check out Bronze Casino is the simple elegance. Everything is placed in such a way that makes it possible for new players to get acclimatized with gambling without being overwhelmed. New players get their first, second, and third deposits matched by 200%, 100%, and 150% respectively, and they also get free spins to use on specific slots. More bonuses are given daily to existing players to show appreciation. You may want to read the terms and conditions to know how to wager. The chat live option is available 24/7.

Bonus Bitcoin

The best online bitcoin casino will keep pulling people to use this digital currency, and one of the strategies adopted is the use of bonuses. Naturally, players are pulled to freebies, and so casinos have been giving new and existing players about 15% of their deposits when they register accounts and choose this payment option. They get this offer after making that initial deposit or even more in the future. That entitles you to more free money since this offer is given on top of the existing welcome package. As is with all offers made by casinos, this comes with attached conditions that you want to adhere to for the benefits to be worth the effort.

Play Online Bitcoin Casinos for Real Money

Casinos will usually give you two options; you can play for real money, in which case you will need to deposit some cash in your account, or you can play for free. Free games are the same ones you wager when you are ready to start gambling for real. They are just made free to give you some practice. New players need these to get them started. Some gaming options = specifically live gaming – require wagering as you cannot play for free. For table games, they are available for free practice as you learn the strategy so you can play for real money.

This bitcoin casino Canada review shows you the benefits of using BTC at a casino to make money. This means you get to deposit bitcoins and choose whether to be paid the same way or through a different currency.

Mobile Casinos that Accept Bitcoin

The gambling industry has grown as it has because of adopting mobile gaming. We spend so much time on the phone, so it might as well be a form of both entertainment and money-making. Casinos have stepped up and made this transition by ensuring they only work with developers who have games compatible with mobile phones. While not all games at a casino can be played on mobile, a good chunk will. You can count on finding your favorite slots in HTML5 format so you can play some while on transit.

You can check the various BTC casino app options for specific operating systems. For instance, bitcoin iPhone casino options where you get structured payment options that are compatible with iOS. In connection with having games available to play on the phone, bitcoin mobile casino options go a step further. They make it possible to transfer your BTC easily through the phone and then start playing almost immediately through the same device.

The Benefits of using Bitcoin

In summary, here's why BTC casinos have grown in popularity;

• Anonymity
• Fast and free
• Special bonuses
• Easy to register and operate a BTC wallet

BTC was designed to remove the middle man – bank – from the equation, and it has managed to disrupt the finance industry in ways no one saw coming. While we can talk of the currency's instability all day, there is no doubt that any institution dismissing it is doing this at its own peril.

As far as bitcoin bonus casino offers go, they are mostly better than with any other e-wallet since sites are keen on making this platform as popular as possible. It also appeals to people that want one banking method for both depositing and withdrawal. A casino online bitcoin withdraw option is fast and free as opposed to other methods that impose hefty fees on large withdrawals. Add anonymity and the ability to transact through the phone to that list, and you have all the reasons a player would want to use BTC for gambling.

The Disadvantages of using Bitcoin

There are a few downsides to using BTC at the casino. Since it is specialized, you have to install special software to use it, which puts it at a disadvantage when compared to other e-wallets. There is also the issue of it not being accepted widely. Even in Canada, only a handful accept this payment form, and sometimes you struggle before finding a bitcoin withdrawal casino.

Avoid Bitcoin Online Casinos from our Blacklist

Not all online casinos are good to play at, which is why we have a blacklist for those that will take your money and give you nothing in return. What do you look for in a legit Canada bitcoin casino? The license number to know that the site is regulated, a variety of games, the RTP is just as important, and payment methods. Casinos with no real mandate are not bothered by the lack of licenses, have ridiculously high wagering terms that players cannot meet, and do not have a game portfolio to inspire a player. You do not want to get caught in the melee because you will end up losing your deposit, winnings, or both. We review legit casinos to make it easy to select where to play.

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