Crypto Casinos & Bitcoin Gambling Explained

Bitcoin gambling sites are the new way to gamble online. They offer casino players an alternative to traditional fiat currencies, like CAD, USD or Euro. Crypto casinos are powered by ERC-20 Ethereum tokens, which means there is no centralized banking system in control of your money. Because bitcoin casinos operate on blockchain technology, there’s always a high level of transparency. You are able to view your entire bet history with just a quick glance at your bitcoin casino website!

All major crypto casinos in Canada offer a welcome bonus for new players. For example, you can get an extra 10% Bitcoin Boost instantly when you make your first deposit at Wild Casino! This means all those who want to try out this incredible new way of gambling online in Canada will be able to do so with much less risk involved. Bitcoin casinos accept users from most countries around the world including Canada.

Crypto casinos have many advantages over traditional online gambling sites, but they also have some drawbacks. The biggest problem with crypto casinos is that you can’t withdraw your winnings instantly! It normally takes about 24 hours before funds are sent back to your crypto wallet. We’re not sure if this is a bug or an intentional feature right now, but it should be fixed in the near future!

How We Rate Crypto Casinos

When it comes to rating and reviewing the Top 10 Crypto Casinos in Canada we use essentially the same methods we would use to rate any of our Top 10 Best Online Casinos Canada. However, there are a few notable differences. Because bitcoin casinos and crypto gambling is so unique there are three main areas our bitcoin casino reviews tend to concentrate on.

Security and Transparency

Obviously, if you are going to be betting at the best crypto casinos you want them to be secure right? Due to the nature of Blockchain technology (which we won’t go into here) Bitcoin casinos or Crypto casinos tend to be more secure anyway. Of course you can’t always rely on this which is why when writing our casino reviews we make sure that they all use 128-bit SSL encryption technology too.

Accepted Cryptocurrencies

Most people will have heard of Bitcoin. However, bitcoin casinos aren’t the only player in the crypto gambling market though. There are many popular alternatives such as Ethereum, Bitcoin Cash, Dogecoin and Litecoin. Because of this we look for Canadian crypto casinos that offer as many Bitcoin alternatives as possible. New crypto coins may appear from time to time too such as, Shiba Inu (named after a Japanese dog). It is important that the best bitcoin casinos also accept these.

Bitcoin Casino Bonuses

Deposit bonuses have been around for as long as online casinos. Most online casinos offer a welcome bonus, usually 50-100%. Bitcoin bonuses tend to be similar with bitcoin casino bonuses anything up to 300-400%. Another popular bitcoin bonus is the ‘Bitcoin Boost’. This is when the online casinos boost your deposit by 100% on top of the welcome bonus you will have already received!

Our bitcoin casino reviews are designed to take the worry out of bitcoin gambling and aid you in choosing the best bitcoin casinos. We want you to play all your favorite casino games at a bitcoin casino you will enjoy for years to come.

Advantages of Crypto Gambling

Bitcoin casinos are taking the world by storm, and one of the most popular ways to use bitcoin is for online gambling. We’ll look at why crypto gambling is so appealing, and how you can get started at online crypto casinos today.

1. Bitcoin transactions are easy – It’s easier than ever to purchase Bitcoin or Ethereum online before making a deposit into a bitcoin casino account. Once you have cryptocurrency in hand, it’s simple enough to send some over–even if you don’t know anything about complicated wallet addresses!
2. You enjoy complete anonymity – A lot of people gamble using their credit cards because they either want cash back on their purchases or they want rewards points from their card issuer. But there are also But there are also plenty of people who want to keep their gambling habits personal. When you use bitcoin casinos, nobody has to know how much you’re betting or when your winnings come in!

Disadvantages of Bitcoin Gambling sites

Despite the tremendous upsides to using bitcoin casinos there are some definite downsides to crypto casino sites too.

1. The biggest problem with bitcoin casino sites is that it can take up to 24 hours for transactions to clear. Most Bitcoin gambling sites will send your winnings back immediately, but if you want to withdraw funds immediately from a bitcoin casino wallet into your own then this could be a potential issue! You might also lose out on deposit bonuses or promotions by using bitcoin as well.
2. Another problem with bitcoin casinos is that the quality of casino games can sometimes be variable. This isn’t a problem specific to bitcoin casinos of course, but it’s something you need to keep in mind. If you want to start bitcoin gambling be sure and check the casino games available first. Not all bitcoin casinos offer the same casino games.

So, now that you know a little bit more about bitcoin gambling, why not check out some of the best bitcoin casinos listed above and start enjoying the benefits of crypto casino sites for yourself?

Best Bitcoin Casinos for Canadians.

When it comes to playing casino games like blackjack or slots, Canadians will find an abundance of online casinos that accept fiat currencies such as CA dollars. However, when it comes to crypto casinos which accept Bitcoin, Ethereum and Litecoin, Canadians are severely limited in their options. The few crypto casinos which accept Canadian players often have very low limits. When it comes to wagering on crypto, casinos may or may not offer the same variety of casino games that traditional online casinos do.

When playing at the best Bitcoin casinos be sure to always check the following…

• Crypto currencies list (which currencies are available)
• Crypto coin values (value of each individual coin)

Before making a deposit at a bitcoin casino, make sure you know what crypto currencies are accepted, and what is the value of your preferred cryptocurrency.

It is important to remember that the options are more limited for Canadians looking to play casino games at a bitcoin casino. Occasionally they do not meet expectations for service or withdrawal limits. The good news is that players who require more than just Bitcoin can find crypto casinos which accept Etherium, Litecoin, Dogecoin and more.

Claiming Your Welcome Bonus at a Bitcoin Casino

When you choose a crypto casino, it’s important to be sure that your bitcoin gambling site offers a deposit bonus as well as other exclusive bonuses. This is extremely important as Canadians often seek out crypto casinos which offer a welcome bonus or free spins. Read our casino reviews for information on which sites offer the best welcome bonus and free spins.

There are three main types of bitcoin bonus for new bitcoin gamblers… Welcome Bonus, Reload Bonus & Free Spins.

A Bitcoin Casino Welcome Bonus is the most common type of bitcoin bonus usually ranges from 100% to 500% of your first deposit. This means that if your first deposit is C$100, the bitcoin gambling site will give you a first deposit bonus of another C$100 in credits which can be used for playing casino games. Now you have C$200 to play!

Some casinos in our bitcoin casino list offer a no-deposit bitcoin casino bonus. This is a great way to play slot games without spending any of your own money!

Reload Bonuses are a special type of deposit bonus for players who have already made previous deposits at a bitcoin gambling site. Reload bonuses usually range from 50% up to 200%.  This means that if you deposit C$100, you will receive an additional bitcoin casino bonus of C$50 to C$200.

Free Spins deposit bonus works in much the same way and usually ranges from 15 free spins up to 100 free spins for players who deposit bitcoin cash at an online bitcoin gambling site. Free spin bitcoin casinos are very popular with Canadian gamblers seeking crypto casino sites which offer fun gaming options such as bitcoin slot machines.

Sometimes a crypto casino site will release a Bitcoin Bonus Code for new or existing players. The bonus code is a unique code that you enter when you register at a new bitcoin casino to unlock your welcome bonus. Bonus codes are very popular with first time depositors.

Claim Your First Deposit Bonus Today

To start playing at a crypto casino site and making bitcoin transactions, you first need to create an account and deposit bitcoin into your player’s account. This can be done by visiting the cashier section of the bitcoin casino site and selecting Bitcoin as your payment method. You will then be provided with a bitcoin address which is unique.

How to Claim Free Spins at the Best Bitcoin Casinos

Most Canadians look for the best bitcoin casino sites that offer free spins. Most of the bitcoin casinos listed on Top 10 Best Bets offer free spins to players when they make their first deposit.

In order to claim your free spins, simply navigate to the cashier page and select the free spins bonus from the list of bonuses available. You will then be asked to enter the bitcoin address of your bitcoin casino wallet and input a bonus code if required. After that, just hit claim and enjoy!

Casino Games at Bitcoin Casinos

Online bitcoin casinos offer many of the most popular casino games games also found at traditional online casinos. Whether you want to play slot games or table games like blackjack, the best bitcoin casino sites offer a wide range of options for players looking to spend their bitcoin cash.

The best bitcoin casino sites will have a wide range of casino games for you to enjoy including live casino games. Expect your new crypto casino to have…

• Slot Games
• Blackjack
• Roulette
• Baccarat
• 3 Card Poker
• Live Casino Games

While some people prefer to play live casino games or poker, other bitcoin gamblers prefer sticking to casino games that they know. Bitcoin casinos offer all your favourite casino games in both virtual and live dealer formats.

Depositing at a Crypto Casino

Online bitcoin casinos are great if you want to avoid having to make bank transfers. Another great thing about bitcoin casinos is that deposits are instantaneous. Depositing bitcoin at a crypto casino is as easy as it is with fiat currencies and deposits are processed quickly so you can begin playing online casino games as fast as possible.

Most bitcoin casinos will offer support for both Bitcoin and Litecoin transactions, but if Ethereum or Dogecoin is your preferred crypto currency then be sure to pick an online crypto casino that accepts those currencies.

When you’re ready to make a crypto casino deposit just follow these simple steps…

• Log into your bitcoin casino account
• Navigate to the cashier page
• Choose Bitcoin as your payment method
• Enter the bitcoin address of your chosen casino wallet
• Decide upon your desired amount and hit send!

If you have ever made bank transfers before, then transferring bitcoin cash to bitcoin casinos is just as easy.

Withdrawing from a Crypto Casino

Just like deposits, crypto casino withdrawals are processed quickly and you will usually receive your funds in just a few hours.

Most bitcoin casinos offer the same withdrawal options as for fiat currency. So whether you want to withdraw your bitcoin cash to a digital wallet or withdraw fiat currencies directly to your bank account, you shouldn’t have any trouble finding a method that suits you .

Just like with deposits, when you’re ready to make a crypto casino withdrawal simply head to the cashier page and choose Bitcoin as your withdrawal method. You will then be asked to provide the bitcoin address of the wallet you would like your funds sent to. After that, just enter the desired amount and hit send!

Best Canadian Bitcoin Casino

You can find the best online casinos for cryptocurrency right here at Top 10 Best Bets. Included in our list of the Best Crypto Casinos Canada you will find CA-friendly sites that accept Bitcoin. Many of the casinos in our list will also accept other cryptocurrencies as well as CAD. If you are looking for the best online crypto casinos in Canada you should consider the examples below…

Frequently Asked Questions