Bitcoin Casino

Bitcoin and other cryptocurrencies are taking the world by storm. Because of that, it’s not that hard to find a Bitcoin casino Canada today. Its wide availability, safety, and privacy of use make Bitcoin the choice of many iGamers worldwide.

But if you aren’t sure precisely what Bitcoin is or how you are supposed to use it for your online casino hobby, then read on. This review will try to do what many Bitcoin casinos’ guides fail to do: give you enough valuable information about this fantastic new payment method at Bitcoin casinos in Canada.

New Online Casinos & Bitcoin Gambling Sites

*Since there are so few Bitcoin Casinos today, the top list below shows all our new online casinos. Many of the new casinos do allow Bitcoin deposits, which you can find out more about below. 

All casinos are:   Licenced & Verified   Expertly Reviewed

Date Added	Rating	Pros	Bonus
Added: 14 Jan, 2020	5.0 rating Jackpotcity	$1600 Welcome Bonus Exceptional Promotions Loyalty Rewards	80 free spins for $1	Play now
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Added: 26 Nov,2020	4.5 rating	Bitcoin is Accepted Over 3000+ Games Withdrawals Within 24 Hours	100% up to C$1000 + 100 Free Spins	Play now
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Added: 25 Jan, 2020	5.0 rating Play Ojo	All Wager-Free No Max Win Caps No Withdrawal Limits	80 Wager Free Spins	Play now
Added: 22 Oct,2020	5.0 rating	No dep Bonus C$5 for registration  Excellent Promotions Over 4000+ Games	C$2500 + 250 Free Spins	Play now
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Added: 7 Dec, 2021	4.6 rating Lyra Casino	10% Cashback Daily Bitcoin, Interac ++ Valuable Tournaments	200% up to $750	Play now
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What Are Bitcoin Casinos for Real Money?

Occasionally, you’ll stumble upon a real casino online for real money that allows you to make a Bitcoin deposit, but what is really Bitcoin? And how can it be used in a real money casino?

It’s purely a peer-to-peer network system, allowing transactions to take place directly between users, without intermediaries. Bitcoin was invented by a mysterious person or group named Satoshi Nakamoto back in 2009. Since then, it has grown to become the world’s most prominent cryptocurrency and the leader of the current wave of electronic currencies changing the financial world.

Lately, it has found its way to the world of iGaming, causing an increasing number of Bitcoin gambling sites. This payment method is only available in a small number of online casinos, usually referred to as Bitcoin Casinos.

Process Of Bitcoin Account Setup

• Choose an eWallet type
• Create your eWallet account
• Buy Bitcoins from other users
• Buy Bitcoin from trusted dealers
• Play at trusted Bitcoin casino

Getting started with Bitcoin might seem like a complicated process, but it’s actually more straightforward than it might sound. You need to sign up for a Bitcoin wallet before you can buy Bitcoin, and the price depends on the market value. Once you have purchased the cryptocurrency, you are free to make a Bitcoin deposit in an online casino, buy something online or just wait until they increase in value.

Bitcoin Casino Canada

Some of the best online casinos available to Canadian players allow you to use Bitcoin as your preferred payment method. It is legal in Canada, and due to Bitcoin’s high privacy levels, safety of use and wide availability, Bitcoin is amongst the best casino payment methods available. Several top online casinos have already implemented it, but it’s worth noting it depends on the casino license.

Because of this, the list of the best Bitcoin casinos in Canada isn’t great, but with the popularity of Bitcoin betting on the rise, we can only expect that list to grow quickly!

BTC Deposit and Withdrawal

One of the biggest questions that players pose to themselves before choosing a new payment method is whether it allows for both deposits and withdrawals. It’s essential because it can be complicated and costly to use two different methods for your deposits and withdrawals.

Luckily, that is not a problem with Bitcoin since most of the Bitcoin gambling sites allow you to use your Bitcoin wallet for both purposes. Also, because Bitcoin is based on peer-to-peer technologies, your transfers will be almost immediate, which is a benefit that’s hard to beat!

Interac as an Alternative

It’s worth noting that not all Canadian online casinos accept Bitcoin, so an alternative payment method is recommended. Especially if you like to play in several online casinos. One such popular online gambling payment method is Interac, which is available in most casinos in Canada. You can read more about Canadian online casinos that accept Interac in our guide.

Bitcoin Casino Bonus

The majority of Bitcoin casinos in Canada will give you a welcome bonus or even a welcome package when using Bitcoin. You can typically claim all the deposit bonuses you’ll find in other currencies, so you have access to the best casino bonus Canada available. Some BTC casinos will even give Bitcoin players exclusive deposit bonuses not available in different currencies.

It’s worth noting that the welcome bonus, or any deposit bonus really, often differs slightly compared to other currencies. Since Bitcoin is a volatile cryptocurrency, the bonus amount might change more often to reflect the current value of BTC.

Free spins, welcome bonuses or promotions have the regular restrictions you find in other currencies, so reading the terms and conditions before your casino deposit is advised. You need to look at important aspects such as the wagering requirement, timeframe and minimum bet allowed to determine if this is a bonus worth claiming.

How to Use Bitcoin for Online Gambling

It’s easy to use your Bitcoin wallet to make a casino deposit, but first, you must have bought some of this currency. Since it’s a cryptocurrency, it’s all done online, and there is no such thing as “Bitcoin cash”. A quick Google search will give you more information about the best Bitcoin wallets, and we recommend you read a guide on how it works before you get started.

If this is common knowledge to you and you’ve already have acquired some BTC, this is how you make a deposit.

Time Required: 30 minutes  |    Tools Required: A BTC-wallet  |    Funds Required: 0-1 BTC

1. Step

Find a Bitcoin casino

Take a look at our casinos that accept Bitcoin and create your casino account. Take a look at their welcome bonus if this is important to you.

2. Step

Select Bitcoin as a payment method

Use Bitcoin for your first deposit and claim free spins or a deposit bonus if available. Fill in the information prompted, and click “confirm”.

3. Step

Play in the casino

Your funds will be available right away, and you’ll see all the games available with BTC. You can now play and enjoy the games!

4. Step

Withdrawal your winnings

If you get a profit and the wagering requirement for your deposit bonus is fulfilled, you can withdrawal your winnings to your Bitcoin wallet.

Games in BTC casinos

Experienced casino players might notice a slightly different game selection in a Bitcoin casino. Some of the most popular software providers do not allow their games to be played with BTC, such as NetEnt and Yggdrasil. These games usually are available before you log in, but once you select BTC as your currency, they no longer be available. If you play using Canadian Dollars, for example, they will still be available.

If you are a bit picky or have a few games you prefer playing, it’s advised to check if they allow BTC in the casino’s terms and conditions before creating a casino account and selecting Bitcoin as your deposit method.

However, many software providers tailor for BTC and create slots and table games unique to Bitcoin casinos. These games are often not found in other online casinos, so Bitcoin players can enjoy an exclusive game selection. Such games are, of course, safe to use. They are highly regulated, just like any other game you can play in an online casino.

Bitcoin Casinos Canada FAQ’s

Bitcoin Casino Pros & Cons

There are many pros to using Bitcoin for your favourite online casinos. When betting with Bitcoin, transfers are much faster than when using even the fastest alternatives, like PayPal. Thanks to the lack of intermediaries, you will be able to deposit and withdraw your funds almost immediately. If you are looking for instant withdrawal casinos Canada, Bitcoin might be the way to go.

Secondly, using Bitcoin is safer and much more private than using your credit or debit cards since you’re not leaving any personal pieces of information behind. Finally, some casinos offer special bonuses for Bitcoin players, which surely can give you a nice boost.

Cons with Bitcoin Gambling Canada

As with any payment method, there are a few cons with Bitcoin casinos. The limited number of online casinos that accept Bitcoin can be a buzzkill for many players since it’s restricted by their license. You can forget about using Bitcoin in Canadian casinos licensed in Malta, which, unfortunately, is the majority of them. It’s only available in casinos with a Curacao license, but even so, not all of them is a Bitcoin casino.

However, one of the biggest cons is derived from the popularity of this currency. Thanks to that, Bitcoin is highly volatile, meaning that its exchange rate changes quickly. The result is that it can get tough to control the amount of money you are using for Bitcoin betting when converted to real-life currencies. Remember, the best way to manage your spending is to follow the cryptocurrency trends regularly.

Summary Of Bitcoin For Online Casino

There are many reasons why you should at least consider Bitcoin when choosing a new preferred payment method. A growing number of great casinos focus on Bitcoin gambling, offering some of the best casino bonus Canada for players who decide to play with Bitcoin.

When you combine that with the lightning-fast transactions, low casino house edge, top-notch security and safety of this payment method, you have more than a handful of reasons to give Bitcoin a try. After all, with the high volatility of Bitcoin, the possible winnings might prove to be a real fortune!