Best Online Casino Sites Accepting Bitcoin

More about Bitcoin and How It Works

A Bitcoin casino (BTC) is an online gaming site that allows players to use cryptocurrencies to make deposits and withdraw their winnings using Bitcoin. It is one of the safest gambling mediums today, where myriad casinos worldwide accept BTC transactions. Crypto or Bitcoin casinos operate in the same manner as their conventional counterparts. Only the mode of transaction, i.e., depositing and cashing out, varies.

If you are a new player at an online BTC casino, you will have to transfer your Bitcoin to an in-house wallet before beginning to bet. You can deposit an initial wager from your crypto wallet to play the chosen casino game and, based on your success in the game, collect your winnings on that sum after meeting the terms and conditions of the withdrawal.

A Bitcoin wallet is something similar to PayPal or other e-wallets where you load money using your debit or credit card. This wallet can then make purchases or deposit money during casino gambling. Loading cash in this wallet enables you to convert it into Bitcoin, which can be transacted as required.

Pros of Using Bitcoin

Listed below are some of the benefits of betting with casino Bitcoins:

• ➕ Bitcoin casino online mainly offers the benefit of zero transaction fees. It means that players don’t have to pay any extra charges for using this mode of payment for their deposits or withdrawals.
• ➕ Unlike other payment methods, paying by BTC isn’t restricted to a certain number of transactions; instead, it allows unlimited free daily transactions.
• ➕ Unlike many traditional payment methods, such transactions don’t require special verification.
• ➕ Placing your casino bets with Bitcoin can fetch you instant payouts, unlike many other payment methods that take at least 3-5 working days to be completed. So, accessing the different casino games is quite convenient without verification at each step, thanks to the decentralized nature of Bitcoin transactions.
• ➕ These payments are highly secured and enable optimum safety of the player’s identity and funds. Top-rated Bitcoin online casinos in Canada ensure privacy with highly encrypted technology. All your transactions with Bitcoin are anonymous as it requires only wallet addresses to process them, making this a preferred payment method over many other conventional transaction methods.
• ➕ Some new Bitcoin casinos also promote their sites with specialized promotions for Bitcoin users. Some casinos also give bonuses against deposits of as low as 1 or 2 BTC.

Cons of Using Bitcoin

While playing at a Bitcoin casino has plenty of advantages, cryptocurrency payments and withdrawals are also marred by certain limitations you should be aware of.

• ➖ The Bitcoin value is susceptible to fluctuations as this market is volatile. You can expect swift changes in the value compared to fiat currency, which remains steady. When withdrawing money, you may spend more than you receive if there’s a fall in the Bitcoin value. Moreover, it may not be easy to estimate this fluctuation as several factors can trigger it.
• ➖ The use of Bitcoin could levy extra fees for currency conversion. It is charged when you use fiat currency to convert to Bitcoin or transfer other cryptocurrencies to BTC. This conversion fee differs from exchange to exchange or across casinos.
• ➖ If you play at an unlicensed or unregulated Bitcoin casino, you are at a high risk of being scammed. That is where trustworthy Bitcoin casino reviews can come to the rescue. Unlicensed and unregulated casinos can put your gambling with Bitcoin at risk, as they do not fall under the purview of regulations.

How to Use Bitcoin for Payment?

Bitcoin has become one of the most common payment methods at online casinos in Canada and worldwide. It is a swift, convenient, and secure mode of payment. If you wish to play with BTC at a casino, here are the steps you will need to follow.

If you want to play at one of the top-rated casinos in Canada that accepts BTC, you can check for the minimum deposit amount necessary to be deposited and find out if there is any welcome offer to avail.

So, if your selected casino offers a 100% welcome bonus of up to 1 BTC and some free spins on the first deposit, you can instantly deposit the minimum amount to claim the bonus. On your second and third deposits, the site may offer rewards like 50% up to 1 BTC or 100% up to 1 BTC. Whatever the offer, depositing the minimum required BTC into your casino account can enable you to access their games gallery.

The minimum deposit at a Bitcoin casino is the least amount of money you need to deposit at your casino to start playing any game. This amount could be anywhere around 0.0001 BTC depending on the site you choose to play at.

How To Make The Best Of Bitcoin Casino Bonuses?

One of the major attractions of online gambling is rewarding casino bonuses. Bitcoin casinos are no exception, as players can enjoy their share of bonus offerings and exciting promotions while playing Bitcoin casino games at Canadian casinos. You can find a variety of bonuses, including deposit bonuses, free spins, reload or cashback among the daily, weekly, monthly, or seasonal offers and promos.

Some casinos also offer special bonuses like predicting the price of BTC and offering a share out of the BTC prize pool. Also, sometimes you may find Bitcoin casino no deposit bonus, but that is rare.

Here are some of the typical bonuses you will find at Bitcoin casinos Canada:

How to Withdraw Your Winnings at A Bitcoin Casino?

Considering that you have cleared the outstanding wagering requirements attached to the promotional offer you claimed after you stake Bitcoin casino, you can follow the subsequent steps to encash your wins.

1. Head to your Bitcoin wallet.
2. Copy your own account address.
3. Return to the online BTC casino and head to the cashier or banking page to select withdrawal.
4. Enter the amount you want to withdraw and copy the wallet address in the space provided for the same.
5. Verify and confirm it to receive your payout in no time.

Most Bitcoin casinos cap the maximum withdrawal amount within a day, week, month, and so on, though these are quite high. There is a limit on the minimum possible withdrawal, but not all BTC casinos limit the minimum payout amount.

How Long Is The Payment Processing Time With Bitcoin?

Bitcoin casino allows fast transactions that can be completed within minutes. There are BTC casinos where your Bitcoin Cashouts take around 30 minutes to 24 hours. Some casinos, however, may drag these payments and undesirably delay them. However, playing at the featured best Bitcoin Casino Canada can prevent such situations, as only reliable and reputed sites can vouch for a player-friendly gaming experience.

Bitcoin Withdrawal Fees And Charges

Typically, there are no fees charged by the casino when it comes to cashout at Bitcoin casinos, especially the inter-crypto exchange transactions. However, the blockchain might sometimes levy a fee.

Also, withdrawing from a casino could cost you a nominal fee, although you can find Bitcoin online in Canadian casinos that don’t charge you for withdrawals.

Bitcoin transactions may be liable to a block size limit, translating into 3 to 7 transactions per second. However, this is subject to the transaction size.

Bitcoin Mobile Casinos

Placing a stake at Bitcoin Casino isn’t restricted to desktop gambling. With the most top-rated BTC casinos in Canada offering optimized platforms for mobile gaming, you can enjoy mobile Bitcoin casino gaming on the go.

You can easily use your smartphones or tablets to log into your Bitcoin online casino in Canada using mobile browsers such as Chrome or Firefox. You can make your deposit and instantly play your favourite slots or table games at Bitcoin live casino.

Some of the best Bitcoin Canada Casinos have dedicated apps that can be downloaded on your iOS or Android devices to enjoy seamless gaming.

Customer Support at Bitcoin Casinos in Canada

Featured Bitcoin casinos are backed by a solid customer support desk and can be reached out for your gambling, payments, or other site-related queries. With 24/7 service, you can expect the professional team to respond to your promptly. Most customer support personnel are reachable via the live chat window and email. Some Bitcoin casinos can be reached via telephone or Telegram as well.

Similar Payment Methods

You may also find similar cryptocurrency methods to place your real money bets at top-rated Bitcoin casinos. The other popular digital currencies used at Bitcoin casinos include Litecoin, Dogecoin, Ethereum, Tether, Bitcoin Cash, and many others. You can also find casinos that allow alternative transaction modes for fiat currency payments via e-wallets, credit and debit cards, e-vouchers etc.

Concluding Thoughts

Consider a few things before you begin playing at a Canadian Bitcoin casino. Scan through the Bitcoin casino list, and don’t forget to read the terms and conditions of the casino that you plan to pick. Most promos and bonuses offered by Bitcoin casino sites are tagged with certain wagering conditions that need to be fulfilled to withdraw your Bitcoin winnings from such bonuses.

Although playing with BTC at the best Bitcoin Casinos in Canada might not have looked possible just a few years ago, with times and regulations in place, Canadians can enjoy immersive gaming with casino BTC, particularly at casinos with featured BTC games section.

It is essential to remember that any cryptocurrency transaction made is permanent, i.e. it cannot be reversed. Also, there could be negligible fees applied to deposits and withdrawals, which you should check before beginning casino gaming at these sites. You can check the possibility of not having to pay a conversion fee. Hence, we recommend selecting a top-rated BTC casino to enjoy gaming judiciously.