Online Casinos with Bitcoin in Canada
In 2024, the use of cryptocurrencies has become more popular and is available in many online casinos. Finding the best Canadian operators with the top bonuses, highest payout, and win rates can be challenging and take a lot of time. We have carefully researched the top 10 online casinos that offer Bitcoin and come up with a list you can easily choose from.
| Casino | Bonus | Payout | Win Rate | |
|---|---|---|---|---|
| BetOnline | 50% up to $1,000 | 1-3 days | 96.4% | |
| Mr. Pacho | 100% up to $500 + 200 free spins | 1-3 days | 96.12% | |
| Cloudbet | 100% up to 5 BTC | 1-4 days | 96.44% | |
| FgFox | 100% + 100 free spins | 1-3 days | 98.96% | |
| Ruby Fortune | $250 up to $750 + 10 daily spins | 1-3 days | 97.61% | |
| Boomerang Casino | 100% up to $500 + 200 free spins | 1-4 days | 96.26% | |
| Party Casino | C$1,000 | 1-3 days | 96.14% | |
| Stake | 5% rateback | 1-3 days | 98.11% | |
| Wild Casino | $5000 + 125 free spins | 1-3 days | 96.10% | |
| BitStarz | $500 or 5 BTC + 180 free spins | 1-3 days | 96.33% |
What is Bitcoin?
You have probably heard of Bitcoin (BTC) many times. If you have not, it is a virtual currency which is a form of money and is used to make payments. Bitcoin uses blockchain technology which is highly encrypted to allow users to transact safely from anywhere in the world. Among the list of crypto coins, Bitcoin is the most popular and was introduced in 2009 — it has grown to become the leading virtual currency in the world. Online casinos are fast adopting Bitcoin as part of their payment method as gamers have favored cryptocurrency payments in recent years.
How to Choose the Best Bitcoin Casino?
Choosing the best Bitcoin casino can be difficult, especially if you are new to the gaming industry. To find it like a pro, you can follow the following steps. It is necessary to read reviews about casinos, especially if they are new. Some sites offer only crypto payments. Then look out for security measures each casino takes to protect its users. Also, pay attention to the deposit and withdrawal limits for this payment method. Usually, there are no problems with withdrawals to BTC and everything is safe.
How to Make a Deposit Using Bitcoin?
Here is a step-by-step process of depositing into your online casino account using Bitcoin:
- Go to your casino’s “cashier” or “wallet” section and choose Bitcoin.
- Then fill in your deposit address – the casino will provide you with a unique deposit address, which you can scan the QR code or copy and paste to your Bitcoin wallet.
- Enter the amount of BTC you wish to deposit in your account and click “send”.
- Wait for the tokens to appear in your casino account, which should be instant.
How to Withdraw from a Casino Using Bitcoin?
Follow the steps below to withdraw your winnings from the Bitcoin online casinos:
- Head over to the cashier section and click “withdraw” via Bitcoin.
- Enter the amount you wish to withdraw keeping in mind the minimum and maximum amount your casino allows.
- Paste your BTC address and crosscheck for errors, and click “withdraw”.
- Check it – your withdrawn tokens should show in the wallet in minutes.
Pros and Cons of Gambling with BTC
Advantages
- Fast transactions only take minutes to reflect
- Safe and secure with complex encryption, and players can pay anonymously
- Bitcoin transactions do not require your bank details
- Users can transact with less or no fees
- There are no third parties that can track your winnings or deposits
Disadvantages
- Not all online casinos use Bitcoin as a payment method
- Players can be affected by Bitcoin’s price volatility, especially when prices fall
Safety and Security of Bitcoin Casinos Online
Are you concerned about your safety and security when using Bitcoin in online casinos? Then, you need not fear, as Bitcoin employs a high level of security with its complex encryption. You can enjoy playing in online casinos anonymously, as Bitcoin does not require using any credit cards with data. The security measures ensure you do not lose your details when accessing online casinos.
FAQ
- How Does Bitcoin Compare to Other Banking Methods?
Bitcoin ranks among the most trusted banking methods such as Credit Cards and eWallets. In fact, Bitcoin’s anonymity aspect makes it a better banking option as third parties are excluded.
- Are Bitcoin Casinos Legal in Canada?
Absolutely. You can use Bitcoin in Canadian online casinos. Apart from being legal, Canada offers licenses to online casinos wishing to use cryptocurrencies, but it is not viewed as legal tender.
- What is the Withdrawal Time for Bitcoin Casinos?
You can say goodbye to long waits and delays when using Bitcoin casinos. In most cases, your winnings are in your wallet in minutes.
- Are Bitcoin Casinos Safe and Secure?
Indeed, BTC transactions are safe, as casinos use to deposit and withdraw addresses, ensuring your name and other personal information are hidden.