Best Bitcoin Casinos in Canada
Bitcoin is a relatively new payment method that is gaining popularity in the online casino industry in Canada thanks to the numerous benefits to be gained by playing at an online casino with bitcoin. As a globally accepted form of virtual currency, bitcoin is gaining popularity among audiences looking for a safe, secure way to make online payments, fast.
Top casinos across Canada, like our personal top pick Jackpot City are turning to bitcoin to provide their players with benefits such as:
- Complete anonymity when banking online
- The lowest transaction fees of any banking method
- The best bitcoin bonuses just for using bitcoin
- Offers both in-browser games & download software
- Available on iPhone, Android, desktop and tablet
- 600+ Games including Slots, Blackjack, Roulette & more
- C$1600 Bonus for new Canadian players
- Easy-to-use Web and Mobile casino
- Payouts of over C$5 million each day
- Some of the biggest progressive jackpots around
- C$1000 Bonus for new Canadian players
- Microgaming powered Flash software
- Hundreds of great casino games to choose from
- Some of the biggest progressive jackpots around
- C$750 Bonus for new Canadian players
What is Bitcoin
While other payment methods like Credit Cards and eWallets may be more well known, playing at an online casino using bitcoin is slowly gaining traction as players realise that bitcoin can offer them a number of benefits not offered by other banking methods when playing with bitcoin casino software. So, what is bitcoin?
Bitcoin transactions work by transferring value between wallets, with each wallet identifiable through a unique digital code.
Bitcoin is a form of digital currency that is not regulated by any government but rather by other bitcoin users. Bitcoin transactions work by transferring value between wallets, with each wallet identifiable through a unique digital code. These wallets can be bought and sold on various marketplaces at the currency of your choice meaning that bitcoin is truly a universal form of currency.
How Canadians can use Bitcoin
Bitcoin is becoming a widely accepted form of online payment and it’s not just online casinos that accept bitcoin. From online shopping sites, both local and international, to stock market frequenters to players looking to earn money in the semi-lucrative bitcoin mining industry, there is a myriad of uses for the digital currency. Aside from the benefits of bitcoin casino free spins and earning free satoshi (the smallest unit of currency) just for signing up with one of the best bitcoin casinos, how to get started with bitcoin is simple and its uses are immeasurable.
How Bitcoin Transactions Work
Bitcoin works in a similar manner to an electronic wallet service in that you can use the service to create an anonymous wallet with which you can use to pay for various services online. There is additional software required to use a bitcoin wallet and some technical savvy may be required for the initial setup, however when it comes to safe, convenient and anonymous online banking, bitcoin is a leader in their field.
Bitcoin transactions work by transferring value between wallets, with each wallet identifiable through a unique digital code, and each transaction appearing on a public ledger kept by all the users of the bitcoin network. These wallets can be bought and sold on various marketplaces at the currency of your choice meaning that bitcoin is truly a universal form of currency. Online casino bitcoin withdrawals can be done quickly and their value can be easily converted into the currency of your choice.
A Globally Accepted Banking Method
Being a form of digital currency that is regulated by other bitcoin users rather than a bank or government body means that bitcoin is truly a global banking method.
Bitcoin transactions work by transferring value between wallets, with each wallet identifiable through a unique digital code. These wallets can be bought and sold on various marketplaces at the currency of your choice meaning that bitcoin is truly a universal form of currency. You can deposit your earnings from playing at an online casino accepting bitcoin and, when you make a withdrawal, you can choose the wallet you wish to send it to. From here, withdrawing it into your own currency is quick and easy.
How to Make Your First Deposit
How to get started with bitcoin is super easy. When looking at how to deposit using bitcoin, once the initial setup is done deposits can be made quickly and easily.
For the first deposit, when a player signs up at an online casino that accepts bitcoin, they will receive details for a temporary bitcoin wallet that will be associated with their online account. This wallet will be the place that players withdraw and deposit from. Upon clicking on deposit, you should receive a unique long text line which you will need to input in your own wallet. Once inputted, choose the amount to deposit and confirm. It is as simple as that.
Now that you have made your first deposit you will discover that how to withdraw using bitcoin, and how to convert your bitcoin into your local currency, is just as easy. Start off with determining how much of your winnings you want to withdraw, using either a long text code or QR code, enter the public address of your wallet in your withdrawal transaction, confirm your amounts and details to process the transaction and you are done! Should you want to convert these bitcoins to cash you may either sell them to a bitcoin buyer or you can sell them through a Bitcoin exchange which will allow you to choose the currency you receive payment in, although you may have to wait a few days to find a buyer.
The Best Bitcoin Bonuses
The best bitcoin live casinos in Canada offer their players a number of rewards just for choosing to use bitcoin casino software. From free satoshi (the smallest unit of bitcoin currency) just for signing up, to gambling sites with faucets, awarding players for choosing bitcoin as a preferred banking method and more, players who choose to play at online casinos using bitcoin have access to the biggest range of bonuses.
Frequently Asked Questions
Do All Casinos Accept Bitcoin?
While bitcoin is gaining popularity as an online banking option, not all of the casinos on our list of recommended lists are online casinos accepting bitcoin.
How Much Are Fees?
Bitcoin transactions are absolutely free although you can choose a small fee to have your transaction go through faster. The most reputable casinos, like those on our list of best bitcoin casinos in Canada, ensure that any deposit or withdrawal fees are kept to a minimum.
Is Bitcoin Secure for Online Casinos?
Yes! In fact, bitcoin is one of the most secure ways to pay for online goods as services. By using a bitcoin wallet to deposit and withdraw from your online casino that accepts bitcoin, you are guaranteed absolute anonymity so your personal details stay personal.
What Are the Best Canadian Bitcoin Casinos?
Our experts have carefully vetted and approved only the best bitcoin casino in Canada that are guaranteed to provide only the best bitcoin casino software, the best rewards for playing as well as the safest, most secure online casino experience.
- Real Money
- Best Bonuses
- Free Games
- No Download
- Highest Payouts
- No Deposit
- Mega Moolah
- Cashout Guide
- Interac e-Transfer
- Fastest Cashouts
- Debit & Credit Cards
- Canadian Dollars