Bitcoin Gambling in Canada 2021 – Best Bonuses and Sites
In 2008, bitcoin was first introduced globally, and then not many people could understand its value. After a few years, in 2017, the cryptocurrency sector had undergone a massive expansion. Soon after that, the top gambling sites realized how vital it has become to include bitcoin in their payment methods. It led to implementing the change in the gaming world, and day-by-day, more platforms are coming up which let players online enjoy bitcoin deposits and withdrawals.
The emerging online gambling industry has also started accepting cryptocurrency as one of the choices giving players a way to enjoy the advantages of the cutting-edge banking system. When you look for a bitcoin casino in Canada, many names will appear, making it confusing for you to decide which one will be the best. Anyways, we want our betting fans to choose a licensed Canadian site, and that’s why we are writing this guide.
It includes information on the variety of games to play, the offers, the top bitcoin casinos, the benefits of choosing a site, the banking process, and few more things. By reading this content, you will get to know many details to guide you to pick a platform to play effortlessly.
About Bitcoin And The Working Process
BTC or bitcoin is a digital currency that works as online money globally, and people can send and receive safely over the internet. The process is quicker and safer compared to other deposit methods. The transactions are anonymous, and you can hold them with a private key which no one can access except you. Like bitcoin, several other cryptocurrencies are also there, like Flux, Etherum, Litecoin, Bitcoin, llixium, etc.
Aspects To Rate The Bitcoin Casinos Canada
Not every platform accepts cryptocurrencies, and all that accept this payment method may not be the best. So, it would help if you were a little careful while choosing a site in Canada. The aspects below will help you in this process.
Safety And Security: It is determined by checking if the platform has an eCOGRA seal. If not, you can check if the platform is reviewed by other independent bodies or Gaming Laboratories International. All these things indicate the site is secured and safe for gambling.
Signup Bonuses: The competitive industry always gives out a signup bonus to all newbies. But there is a difference between the one given by the best compared to ones with not so popular platform. A suitable way is to compare the top ones and check whose bonus is the best and claim it. The terms and conditions of the bonus should also be cross-checked before using it.
Progressive Jackpots: Prefer to signup on a platform offering progressive jackpots so you can earn some dollars. For that, check if the online casinos that accept bitcoin have this form of the game.
Licensing Information: If you never wish to encounter any problem, you must pick a licensed site. It can be from companies like the KGC, the UKGC, and the MGA.
Online Customer Support: Did you ever think about whom to speak to when a problem pops up? It is the customer support section, so you must check this section before registering. Any platform with 24*7 customer service is the best choice for betting.
Loyalty Program: Signup bonuses are great, but who would not like to receive more promotions and bonuses. The loyalty program section is one of them, and reputed gaming websites offer points that you can redeem for cash.
Software Providers: What software developers are offering the games on this platform? Well, you should always stick to sites with different software providers like NetEnt, Playtech, Real Time Gaming, Microgaming, Yggdrasil, etc.
Consider all the parameters, after which you can land on a licensed BTC gambling website for betting.
The Different Bitcoin Wallets
The wallet acts as a software program to store the currency, and a wide range of varieties are available. You have the complete freedom to decide which electronic wallet suits you the most. The difference between them is convenience and security. The wallets are software, online and hardware.
Online Wallet: It functions on a cloud server and is perfect for newbies. For withdrawals and deposits, you can use this one, but they are more susceptible to hacking. But you can access it from your phone, so it is easy to use.
Hardware Wallet: It is an electronic wallet that stores private keys offline. If you need high security, you must go with this choice. It is not easy to use and is not for free. It is crafted software-based, so you must learn how to use it.
Software Wallet: Have you used cryptocurrency previously, or are you aware of the domain it works on? It uses specific software to collect data on financial operations and transactions. It is available for free, and using this method, you can keep, receive, and send bitcoin is less protected than a hardware wallet.
The Process To Set An Account In Bitcoin Casino Canada
On the official page of Bitcoin, a section is there “Get Started.” You will come across valuable data in this section, so you must go through it to understand the method. By following this, you can proceed with betting when you have the digital coins ready to be used. When you pick up the best bitcoin casino in Canada, you can proceed and select the banking method.
Advantages To Play Using Bitcoin Payment Method in Casino
Cryptocurrency is not based on raw materials or gold, or any other currencies. It is on mathematics and is not controlled by and financial institution. The advantages to using this form of payment are:
Anonymity: The transactions are visible, but the person or the identity is not revealed. An exclusive feature of this payment method is its anonymity, so no names are present in the blockchain. Also, no one can ever see how and when you are using the coins.
Transparency: A database is present looking after all the transactions related to cryptocurrencies like bitcoin. It is compared to pages of any book, and all notes act as pages. The transaction contains details like the amount to be sent, the sender’s address with the recipient. It is written in blocks which indicate the system is decentralized and maintains transparency. All transactions taking place on casino bitcoin online get recorded there.
No Extra Fees: While making transactions for a big amount or gambling, the bank can charge a fee from you. It is another reason why you should prefer using BTC as there is no such extra charge. It means the amount you win can be credited to your account without any deductions. A small fee can sometimes be charged to safeguard the network from getting overloaded.
Safety: They are safe when you store them, and nothing will happen to your wallet when you keep them in hardware or cloud storage. What’s more, using the cash is all up to you and funds that are sent cannot be reversed.
The Different Types Of Coin
Ethereum: After BTC, it is the second-largest cryptocurrency, and it was launched to enhance the decentralized application medium. It is a digital currency but does not come in direct competition with BTC.
Dash: In the beginning, its main objective was to ensure privacy and anonymity. The coin can also be used for making daily purchases and gambling transactions.
Dogecoin: The coin came into existence only for fun but has now become an accessible digital coin. The price is the reason for its convenience, and there is no limit here like litecoin and bitcoin.
Monero: Slowly, this coin is earning popularity as it has killer features and a unique way of handling transactions. The transaction amount gets broken into pieces, and the ring signature feature allows parties to get involved in the transaction.
Bonuses To Enjoy At Canadian Bitcoin Casinos
While betting at bitcoin gambling Canada, you will come across different promotions which you must use. The types are:
Welcome Offers: Imagine a site is offering you some cash on signing up while the second choice is not. Between the two options, you and everyone else will go with the first choice. Most platforms give some offers when newbies signup, so you have to differentiate between them and register.
Reload Bonuses: It is given to stimulate bettors and encourage them to make a huge deposit and earn bonuses. It is done to attract them back to gambling as they have stopped for some reason.
Deposit Bonuses: It is a promotion that can be achieved when you receive some cash from depositing some money. It can be a 200% or 100% deposit bonus on your bitcoin deposit. In some places, the limits can be 0.25 BTC, while in others, up to 2BTC. It comes with 10 to 50 times the wager, and known as playthrough requirements which you must attain.
Free Spins: Many players say that they love to receive free spins as it helps them experience new slots. It can be anything like 50, 80, 100, 150, etc. By using this, you can spin to play slot games.
No-deposit bonuses: If you are not interested in investing a single penny from your pocket but enjoy betting, you must signup on to the best bitcoin casinos offering no deposit bonuses. It is an ideal way to explore some new games as you get free cash or spins.
Cashback: It is like a refund given to gamblers for the losses they have to face over a specific time. The amount can be used to gamble, and it is given to players who spent a lot of time betting.
Rewards: By choosing the perfect platform to play with digital currency, you will get several gifts and rewards throughout the time you spend gambling. It is given to retain bettors on their site. In a nutshell, the more you gamble, the more rewards you get, and you can maximize your cash.
Canada Mobile Casinos Accepting Bitcoin
We have discovered while reviewing the online gambling sites that you can play through the mobile version also. The apps support IOS and Android smartphones and tablets, all Windows devices. It means players have a choice to play from their system or phone. Just download the BTC casino app and use the same login details to start playing. It is the best news for Canadian gamblers of 2021.
Games In Bitcoin Casino
Slots: Everyone is aware of slots’ working, but if you do not know, look here. Just fix the size of the bets and the number of bets, and you can click on Autoplay. If you do not want to keep the wager size the same, you can play one and click on spin. After that, it will stop. If you strike a winning combination, you will get a reward. The games you get here are graphical 3D slots, classic fruit slots, progressive slots, jackpot slots, etc. When you choose slots at the bitcoin casinos, the RTP should be above 95%. Some games are:
Book Of Dead: It is a slot designed by Play N Go and has ten pay lines and five reels. It has Egyptian symbols, and the highest value icons are the portraits of Osiris and Anubis. It has stunning graphics with great gameplay and other symbols from Ace to nine.
Cleopatra: IGT has created the game with 20 pay lines, and the icons through which you can earn money are the Sphinx, the beetle, and various hieroglyphics. The Egyptian mark is the symbol, and the queen, Cleopatra, is the wild. It has an RTP of 95.02%, and you can find it at the best online bitcoin casino.
Poker: It has dozens of variants but to win, you should be aware of the strategy and skill. It is a game attracting the highest number of bettors, and the best five-card hands win. The choices available are Deuces Wild, Jacks or Better, Omaha Hi-Lo, etc.
Roulette: It is an attractive game with 1:36 or 1:35 of winning chances. Here, players can place a wager on black or red numbers, a single value, a series of numbers, etc. The wheel spins, and you have to wait to see where the ball drops.
Dice & Bitcoin Sic Bo: The dice game offers a high gaming action, and possibilities are high that you can win big amounts. They are a fun game, and the bet is placed on the outcome of the roll. The dealer rolls the three dices in a chest, and the combination is revealed.
BlackJack: The card game is played by many players and is highly famous in digital coin casinos. All gambling sites have this form of the game, and several variations are there. Some names are Multihand, Super 7 Blackjack, American, European, etc.
Lottery: It is a new feature that works like the usual lottery system, where you can pick six numbers. It should be from 1 to 49, and you can also win a progressive jackpot.
Bitcoin Live Dealer Casino Games
Live Roulette: It is a game where you can gamble against a real person in spite of a laptop. Using web cameras and high-definition lights, you can see everything, place a bet, and wait to see if you win.
Live Baccarat: Here, two cards are given to the banker and bettor. The banker is the dealer, and the objective is to get a score as close as none. The RTP of this game is 98.94%. It is dealt with in real-time, and you can watch everything on the screen.
Live Blackjack: It happens in a real blackjack table where the decks of cards are shuffled. All these things are dealt with by a live dealer, and you will get the option at the best bitcoin casino. As you play against a person, so it feels realistic, and the game proceeds faster. You must know different types of bets so you can place them quickly.
Live Monopoly: It is a unique live gaming variant containing the famous board, Monopoly. The objective is simple as the basic thing is a person spinning the vertically mounted super-sized wheel. Gamblers have to predict where the wheel will stop, and if you predict successfully, you win rewards.
Live Lighting Dice: It is a higher version of dice games, and players can win a reward of 1000x of your wager. It allows you to wager on the total sum obtained by adding the three numbers of the dice.
Live Poker: This variation is more structured, and the online version needs quick thinking, fast play, and gambling more hands. You can improve your game by playing more hands here. A live hand here indicates that it has not been musked or folded.
Live Dream Catcher: Evolution Gaming has designed the game, and it has a Money Wheel where gamblers have to predict the correct number. The wheel has numbers like 1, 10, 2, 40, 20 2x, 7x bonus multipliers, etc. It is an exciting game show and gives the feeling of a live experience with high payouts.
Bitcoin Online Gaming Banking Processes
It is a digital currency, so everyone will know how to transfer money on the Canadian bitcoin casinos. The currency can be a little complicated for some players, but the process is easy.
Bitcoin Depositing Methods
Before you bet, you should be 100% sure that you have signed on to the top bitcoin online casino. Also, you should go through the terms and conditions carefully and understand every word that’s written. Following that, you must visit the registration page to create an account by entering all the details. You will be asked to enter a lot of details so that it may take some time. But make sure you are entering everything without errors; otherwise, your account will not get verified. After that, you can enter the value and give the bitcoin address.
After you win bitcoin while playing at the bitcoin live casino, you will want them to use for your needs. In doing so, you have to get it transferred to your account first. Hence, log into your account and click on withdraw. Type the wallet address and select the preferred currency. Determine the value of the money you want to withdraw. Within a few minutes, you will find that the gambling platform has credited the amount to your account. It indicates the transactions are instant, and you do not have to wait, unlike other methods.
The Commission Fees
The best part of using an online casino accepting digital currency is there are no banks involved. No one regulates the process, so there is no commission fee. At times, the gaming site can charge a fee that is also minimal. For more in-depth details, you must read through the casino site.
Advantages And Disadvantages Of Playing At Casino Bitcoin
Easy to use
Transactions can be made using a few clicks
Withdrawals and deposits are instant
A fantastic payment option
Maintains transparency and anonymity
No extra fee and no third party is regulating the platform
Different bonuses and promotions
The value keeps fluctuating, so some players prefer not to use fiat currency
While preparing the bitcoin casino review, we have understood that the gambling industry will see more growth in the coming here. Now players do not want to use the traditional method while gambling for real money. Bettors find it to be pretty cool, cheap, and safe for betting. The fee is also less or negligible, so you can also prefer playing using it.
Do I need to pay commission fees on my winnings?
Mostly, you do not need to pay any fee. Although, it is better to check if the gaming platform is charging any amount.
Do all online casinos accept Bitcoin?
Almost all casinos have to, but you must register on the licensed and regulated site.
Is it safe to use Bitcoin?
Yes, it is safe. It maintains transparency, anonymity and is highly secured.
Are Bitcoin Casinos Legal in Canada?
The gambling laws allow you to bet in Canada, so it is legal [provided you have registered on a licensed website.
What is transaction speed?
The transaction speed is the time required to deposit or withdraw money. If you use BTC, the amount will reflect instantly in both conditions.
What is the minimum deposit in BTC?
It is difficult to say about the minimum deposit as the amount varies from one site to another. More or less, the value lies between CA$5 to CA$20.
Where can I play BTC casino games in Dogecoin, Litecoin, Dash or Ethereum?
The games can be played after you register at the top gambling site. Registration is a one-time process, and after that, you have to use your login details to enter and play.
Where can you buy Bitcoins?
Bitcoins can be bought from Ledger Nano S, TREZOR, Cex, Bitfinex, etc.