Many people choose to gamble at the best Bitcoin Casino as a leisure activity. Canada is a true pioneer in this area, and that is why the Bitcoin boom has not spared it either. Our experts have made sure that you only have access to the best Bitcoin Online Platforms. We have monitored many sites and compiled a list of the most reliable bitcoin online casinos. You can check it out below on this page.
The critical thing to clarify is that it’s legal to play in Bitcoin casinos in Canada. Federal laws don’t mention anything that prevents you from playing on online gambling sites. Furthermore, there aren’t any reports of players having legal problems playing at internet casinos.
Please note that local laws throughout Canada might vary. If your city or jurisdiction outlaws gambling, that will also apply to online casinos. Federal laws also don’t allow you to operate an online casino based in Canada. However, you can feel free to play at abroad-based gambling platforms without any legal risk.
Bitcoin online casinos are internet gambling platforms where you can use this cryptocurrency. So, Bitcoin is a form of payment. But unlike fiat currencies used in everyday life, such as CAD, Bitcoin is a digital currency. You can use it as an online payment form for various goods or services, including funds to use on gambling sites.
Cryptocurrencies like BTC offer decentralization. No government monitors their use, which is a part of their popularity. If you find a casino accepting Bitcoin, the actual transactions won’t vary much from the fiat currencies. You’ll enter different details when depositing or withdrawing funds. However, the playing experience will be the same. You can enjoy all games otherwise available in that casino and all other features offered.
There are two types of Bitcoin Casinos Canada available to its players. The first type is a BTC-only gambling platform. These websites only accept Bitcoin or other cryptocurrencies. They don’t deal with fiat currencies like USD or CAD at all. You deposit, withdraw, and play with crypto. These platforms aren’t as frequent, and you might need to invest a bit of effort to find them.
The majority of BTC casinos allow you to deposit and withdraw funds with cryptocurrencies. However, they require you to place wagers in CAD, USD, or another fiat currency. It works like this – you add BTC to your account. The system converts that value to USD, and you enjoy casino games. Once you finish, you can ask for a Bitcoin withdrawal. The website will convert the funds again and pay you BTC.
What makes a Bitcoin casino reliable, and how to confirm it’s worth visiting? We use proven criteria important to players when ranking online gaming platforms. Here is an overview of those factors!
The first thing to check is that the chosen casino is legit. You do that by confirming it has a valid gambling license. Kahnawake Gambling Commission is a reputable authority based in Canada. As for other trustworthy licenses, those include ones issued by the UK Gambling Commission, Malta Gaming Authority, Curacao government, etc.
Licenses confirm the casino is legal, but it still needs to apply security measures to provide a safe playing environment. That includes SSL (secure socket layer) or another form of protecting its servers. Additionally, encrypted transactions guarantee your financial information remains safe at all times.
From a player’s perspective, you can’t get enough bonuses. That’s why you want an online Bitcoin casino with generous welcome deals and promotions for loyal players. Some platforms might not even require you to deposit funds to receive a bonus. It’s more common, however, to get a deposit match and free spin deals.
As for loyalty programs, these should motivate you to become a website’s regular. Here is what promotions you can expect:
A Bitcoin casino often supports other cryptocurrencies. If you are a fan of these payment methods, you’ll appreciate more options available. The number of supported cryptocurrencies rarely goes over ten. You’ll frequently see Ethereum, Monero, Dogecoin, and several other popular choices. Bitcoin Cash is also available, but please note this is different crypto than BTC.
Are you still thinking whether finding Bitcoin casino Canada has available is a wise move? There are many reasons why you should try BTC gaming sites. Here are only a few advantages of giving them a shot!
Some deposit methods, such as bank transfers, take days to move funds to your account. BTC transfers used to take longer, but these deposits are now instant. That means you’ll have the funds you add to your account available immediately. As soon as you finalize the transaction, you can start playing your favourite casino games.
If you deposit with a debit or credit card, you need to enter the card details. The transaction will also be visible on your bank statement. Some players don’t appreciate gambling platforms showing in that list. That’s why Bitcoin casino offers anonymity. You only need to add the address of your BTC wallet. There’s no need to enter any sensitive details, which guarantees maximum anonymity.
Decentralization means that Bitcoin isn’t owned by any government or financial authority. That means there’s no third party in cryptocurrency transactions. Nobody can monitor or get access to your transfers. That contributes to the general anonymity you have when using crypto. Decentralization comes with another important advantage. There’s no danger that someone can infiltrate the centralized database and steal funds and sensitive info from thousands of users.
Deposits in online casinos are usually free, and that’s a trend that Bitcoin investments maintain. However, they take things a step further. Withdrawals also come free of charge for these payment methods.
If you withdraw via a credit card, the bank can charge a fee. But there is no third party with Bitcoin transactions. That means there’s no need for additional charges. It guarantees you’ll receive the entire sum you withdraw.
BTC casinos have a minimal transaction verification process since they focus on anonymity. The transactions require providing your Bitcoin wallet address. However, the platforms still provide secure payment gateways to ensure everything goes smoothly. The gambling operator might also honour KYC and other programs focused on preventing money laundering. That’s why they could ask you to verify your identity in accordance with relevant laws.
Payment methods strongly vary on location. You’ll find the same e-wallet available in some and unavailable in other countries. That’s not the case with Bitcoin. Cryptocurrencies are available everywhere and accessible to everyone. If you are a frequent traveller, that guarantees you’ll be able to deposit to your account regardless of the location.
You can find many casino Bitcoin platforms available to Canadian players. It’s all about choosing the most suitable one for you, but how to do that? Here is a qu
