Are you looking to start gambling online with cryptocurrency? Well, we are here to help you find the best online cryptocurrency casino in Canada to explore your gambling fantasies without any problems.
On this page, we would dive deep into all you need to know about cryptocurrency casinos. From how it works to the pros and cons, and lots more.
You can use any crypto casino listed above and start playing casino games by depositing the money via Cryptocurrency. However, even from the above big list, we have shortlisted the six best cryptocurrencies casinos for you:
|Crypto Casino Name||Accepted Currencies||Operator||License|
|1. TonyBet Bitcoin Casino||BTC, ETH, LTC, XRP, DOGE, TRON, EOS, ZCash, Dash||Antanas Guoga||Estonian Tax and Customs Board|
|2. Stake Casino||BTC, ETH, LTC, XRP, DOGE, TRON, EOS, BitcoinCash||Medium Rare N.V.||Curaçao gaming license|
|3. FortuneJack Casino||BTC, ETH, LTC, XRP, DOGE, TRON, EOS, ZCash, Dash, BitcoinCash||Nexus Group Enterprises N.V.||Curaçao gaming license|
|4. Kineko Casino||BTC, ETH, Kineko Token (KKO)||SunSeven N.V.||Curaçao gaming license|
|5. CoinSaga Casino||BTC, ETH, USDT||NewLinetec B.V. and Trinitydigi Ltd||Curaçao gaming license|
|6. CyberBet||BTC, USDT, ETH, LTC, DOGE, XRP, Bitcoin Cash, Binance Coin||Ice Gaming N.V.||Curaçao gaming license|
|7. Bets.io Bitcoin Casino||BTC, ETH||SunSeven N.V.||Curaçao gaming license|
The online casinos were among the first businesses to appreciate the cryptocurrencies like Bitcoin, Ethereum, and Litecoin. And for a reason: payments made via cryptocurrencies are secure and anonymous. After all, what does a casino player want more?
Scroll down to find everything about cryptocurrencies casinos. This guide will find out the benefits and disadvantages of crypto casinos— the list of the top 10 crypto casinos with huge deposit bonuses. Plus, you will learn how much you will have to pay as transaction fees while paying at the crypto casinos and more essential things about bitcoin casinos.
The crypto casinos work in the same fashion as the traditional online casinos. The only difference is that instead of accepting payments only in fiat currencies, the crypto casinos also accept payments in digital currencies like Bitcoin, Ethereum, Litecoin, and more.
The rest of the processes like registering and verifying your account, tons of casino games, and the availability of welcome bonuses or reload bonuses remain the same. You can simply deposit the funds via a crypto exchange (otherwise known as a Crypto wallet) and start playing casino games on the bitcoin gambling sites for real money. Think of crypto exchanges as the online banking credentials that you require to facilitate bank transfers.
Or if you do not want to download an app or manage cryptocurrencies yourself. You can simply opt to purchase bitcoin and pay instantly via your credit card using the third-party services accessible on the bitcoin casinos to start playing casino games at the bitcoin casinos.
Any online casino can advertise itself as the best online crypto casino. But in reality, they are far from being even good. For instance, during our review of the best bitcoin gambling sites, we found that most crypto casinos that advertise themselves as Bitcoin casinos were scamming websites. That is why Casinovator thoroughly examines the bitcoin casinos before mentioning any bitcoin online casino in this list.
You might be wondering how we pick the best from the worst Bitcoin casinos. Well, Casinovator has a simple five-step process that can help you decide whether the online crypto casino is reliable.
The best thing about the online casino sites listed on the Casinovator is all of them are thoroughly reviewed and examined by our experts. We review every aspect of the online casino sites personally, be it the user interface or even minor aspects like the convenience during user registration and more. That said, here’s how we reviewed the best Bitcoin casinos mentioned here:
Before considering the online bitcoin casino sites, you should first review the licensing authority. It is the only way to verify whether the online crypto casino includes casino games that are fair and based on chance or not.
You will have to understand that the online Bitcoin casinos will not have a licensing authority based in Canada. As you must be aware, the Canadian regulatory bodies don’t allow any online casino to operate from within the country. So, you will have to register and utilize offshore-based online casinos. That is to say, the licensing authority that you will find any of the best bitcoin casinos will be from a foreign authority. Still, it is enough to ensure that the online casino is valid.
Check whether the crypto casino has an SSL certification or not. One easy way to verify SSL certification is to review the website’s address, i.e., “HTTP://” or “Https://.” The latter means that the site is secured. You can review the payment protocol, i.e., the payment gateway used by the online casino, to see if it takes every aspect of the website seriously or not.
Deposit bonuses or reload bonuses ensure that the crypto casino offers some kind of bonus based on money. Note that free spins are standard at any crypto casino, and all bitcoin casinos offer that regardless of whether they have deposit bonuses or reload bonuses.
How can a crypto casino be worthy of the name “casino” if it doesn’t include enough games for the entertainment of players? Moreover, all the popular casino games like table games, live dealer games, poker games, or slot games have variants. So, consider reviewing whether the crypto casino includes the casino games in the variation you are looking for and gives you other alternatives.
Customer service is responsible for facilitating communication between you and the bitcoin casinos. Take, for instance; your payment gets declined on the online casino platform; it is the customer service that will take care of everything. So, always look at whether the online casino has customer service or not.
Opting for the cryptocurrencies casinos does not mean that you can disregard the fact that crypto casinos are limited to accepting bitcoin and other digital currencies. Besides accepting digital currencies, you should also ensure that the online casino accepts fiat currencies. And there is a good reason to verify the acceptance of fiat currencies.
It is critical to retain that the governments worldwide are yet to decide the fate of digital currencies like Bitcoin, Ethereum, and Litecoin. So, it is always handy that the crypto casino platform also accepts fiat currencies.
Many coins are popular and widely accepted by the crypto casino platforms in Canada:
The first cryptocurrency, Bitcoin, was introduced by Satoshi Nakamoto in 2009. Bitcoin is also the most valued cryptocurrency of all, reaching US$ 68,000 in November 2021. Offering lower transaction fees in real-time, Bitcoin came as a replacement for the fiat currencies. Its popularity is why crypto casinos accept Bitcoin solely and call themselves bitcoin casinos.
Ethereum is the second most popular crypto casino on online bitcoin gambling sites. Unlike Bitcoin, Ethereum is based on smart contracts and second only to Bitcoin in terms of market cap. Smart contracts are code-based programs that carry out automatic processes when certain conditions are met.
Ethereum should still be your go-to choice if you want to transact in smaller amounts, as Litecoin transactions are stored on new blocks and take almost double the time to complete and validate the transactions. In the way of working, Litecoin is pretty much similar to Bitcoin. However, due to the short supply and a limited number of tokens, Bitcoin is seen as an asset.
There are meme coins like DogeCoin or Shibu Inu, which are also widely accepted by online casinos. In fact, some crypto casinos accept DogeCoin solely. Compared to the actual altcoins, these meme coins — actually started as a joke — have gained momentum and are now accepted widely by the crypto casinos.
No. Only a few online casinos accept crypto payments. Moreover, out of the few claiming to be the best crypto casinos, only a few are worthy of the name.
Yes, it is true that the players widely like cryptocurrencies, and even the online casino businesses understand the benefits it brings. For instance, online casinos’ websites that accept crypto have more user engagement. But many risks are associated with cryptocurrencies, and unless the blockchain technology improves and becomes fool-proof, 100% acceptance is doubtful.
Yes. Like on traditional online platforms, you will receive the payments whenever you deposit money and play casino games like table games, poker games, slot games, or live dealer games. Bitcoin casinos function the same way as any online casino. And just like you deposit fiat currencies at the online casinos, you deposit cryptocurrencies. That is to say that you can consider depositing money via bitcoin as transferring money just like with fiat currencies.
And once the funds get converted, all you have to do is play the casino games like the online poker games, slot games, live dealer games, and table games with real money in order to win real money. On the other hand, if you are opting for free games like free spins or any other free casino games, do not expect the online casino to pay you actual money.
Moreover, you can also withdraw money in cryptocurrencies from bitcoin casinos. You have to opt for the desired digital currency while withdrawing money from the crypto casinos. To withdraw money from a crypto casino:
Cryptocurrencies are one of the safest payment protocols available today. However, the only problem is users sometimes become negligent and share unnecessary information related to the wallet, thus comprising the wallet. In fact, cybersecurity is one of the biggest reasons why businesses like online casinos are still hesitant about accepting cryptos.
Nevertheless, if you are sure that you will not make a mistake from your side, then consider cryptocurrencies as one of the best payment methods available today. Don’t forget that cryptocurrencies also have other benefits like complete anonymity. Your transactions cannot be tracked by government agencies, banks, or any other intermediary regulations. Moreover, the transaction fees are lower, and the payments happen in real-time.
Different countries have different stances when it comes to cryptocurrencies. For instance, in countries like Morocco and Algeria — it is illegal to utilize cryptocurrencies. Whereas in countries like the US and Canada, it is completely fine to deal in cryptocurrencies. Be it trading, holding, or completing payments, these countries allow users to make crypto payments. So, you can choose any crypto casino from the above list of the best cryptocurrencies casinos and transact in Bitcoin.
But ensure that the online casino that you are using is genuine and has a valid license, although from an offshore licensing authority. Moreover, you will have to be of the minimum age set by the state bodies to gamble. In Canada, the minimum age to start playing casino games at bitcoin is 18 in some regions and 19 in others.
Yes. You can still avail of the deposit bonuses from the bitcoin casinos. Moreover, if the online casino doesn’t offer a deposit bonus, ensure to review whether the crypto casino offers to reload bonuses or not.
Deposit bonuses and reload bonuses are not just rewards anymore. They have become a norm among online casinos. And be it the traditional online casinos or bitcoin casinos, all offer some kind of deposit bonus or reload bonuses to users. However, don’t think that it is done to give you benefits. These deposit bonuses are given to lure more users to the online casinos. Plus, they come with wagering limits, meaning you will have to meet some criterion to actually use the funds given via deposit bonuses or reload bonuses.
Moreover, you will also have to be sure of the type of crypto bonus you want to avail of from the online casinos. For instance, if you are depositing a high amount upfront, opt for crypto casinos that offer huge deposit bonuses. At the same time, if you are not looking to deposit a huge amount, then stick with bitcoin casinos that offer reloaded bonuses instead.
The online casinos also offer VIP Programs. The idea is to categorize certain players like VIPs and give them special perks like no waiting while playing the live dealer games, recurring free spins to play the slot games, and so on. However, to become a VIP player, you will have to spend continuously, and that too in high amounts.
Usually, the transaction you complete in cryptocurrencies at the bitcoin casinos has three kinds of fees. They are:
Different cryptos have different fees. For instance, the fee that you pay while making a transaction at the bitcoin casinos via bitcoin can be as high as $59. Here the transaction fee is charged for paying the miners. Understand that Bitcoin is based on a proof-of-work concept, which makes it highly secure, but it also requires more energy and computational power to validate the transactions. And given the energy consumed, you will have to pay a transaction fee to pay the people who run the network.
At the same time, altcoins like Ethereum require fewer transaction fees. But still, there is a gas fee that you will pay for the computational effort required to mine Ethereum. All in all, you will have to pay some kind of initial charge that is linked to particular cryptocurrencies themselves.
Besides the fees charged by the cryptocurrency, you will also have to pay a fee to the wallet during depositing funds and withdrawing funds. Usually, these fees are 0.1% of the transaction amount. And you will have to pay these fees because of the convenience of using the wallet. You will hardly find any wallet that takes no transaction fees, so it’s better to pay these small fees for convenience.
Some crypto casinos charge you money for transacting via Bitcoin or other cryptocurrencies. However, it is unnecessary because the online casinos do not have to do anything to receive payments in cryptos. So, while choosing the best bitcoin casinos for yourself, ensure to look at whether the online casino makes the transaction happen free of charge or not. You do not have to pay anything unnecessary at the crypto casinos again. So keep this in mind and choose the online casinos that do not charge such unnecessary fees. Of course, you can choose any crypto casino from the above list of best bitcoin casinos to avoid unnecessary fees.
You will have to keep in mind two things when dealing with cryptos. The first is your wallet address. You can share the wallet address with anybody. For instance, when you have to withdraw funds from the bitcoin casinos, you must type in the wallet address to receive the payments.
Nevertheless, there is another thing called the wallet keys. Think of wallet keys like the password to your online banking credentials. Yes, that means that you do not have to share these details with anybody, regardless of whether you want to receive the payments or deposit them to someone else.
As mentioned before, the most considerable risk to using cryptocurrencies is being able to handle them safely. The transactions are safe, but you can make the mistake of sharing unnecessary details with others and lose the funds in the portfolio.
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