Join a Bitcoin casino from Canada!
Anyone familiar with the advantages of Bitcoin may be tempted to look into Bitcoin gambling, with the aim of enjoying online casino games using this popular cryptocurrency. An online bitcoin casino can provide players with flexibility, additional privacy and security, amongst a number of other benefits. Our Bitcoin casino Canada guide will explain what Bitcoin gambling involves before introducing you to a number of Bitcoin casinos that accept players from Canada.
Bitcoin casino pros and cons
Perhaps the main advantage of gambling with Bitcoin, as opposed to any other payment method, is the fact that there is hardly any red tape involved. This is because Bitcoin transactions are not regulated by a central authority or middleman; the cryptocurrency is all yours once you buy or earn it, and transactions are not controlled by third parties. What this means is that payments will be very fast, and there will be very low transaction fees involved.
Another significant advantage is that Bitcoin uses very secure protocols. You will always have access to your payment history, and all transfers can be verified to ensure that the casino is operating in a fair manner. Crypto wallets are also highly protected, which makes it extremely difficult for hackers to break into your account.
The principal disadvantage of Bitcoin is, without doubt, the risk of fluctuations or high volatility in the value of Bitcoin. As with any other cryptocurrency, this is a risk you have to take into account. Secondly, there are very few online casinos that accept Bitcoin payments at the time being, since the anonymity that gamblers enjoy makes it harder to identify certain criminal activities.
What to do before joining a Bitcoin casino
In order to gamble using Bitcoin, you first need to have a crypto wallet. Players can set up a Bitcoin wallet via a number of apps and websites. Once you have a wallet, you must buy Bitcoins online or earn Bitcoins. You then need to set up an account on a cryptocurrency exchange, which is none other than an online marketplace where Bitcoin is traded in exchange for money or other digital currencies. These exchanges will accept payments in various ways, including via credit cards and PayPal. You may also buy Bitcoin in person by finding bank branches or people who are willing to exchange Bitcoin for cash.
Apart from the possibility of buying Bitcoins, you can also get Bitcoins in return for completing odd jobs or tasks online, or, to get on to the subject of this article, by playing games at an online Bitcoin casino!
What does a provably fair Bitcoin casino mean?
Provably fair is a concept introduced to increase players’ trust in Bitcoin casinos. To keep our explanation simple, a casino that is provably fair uses a special algorithm to ensure the fairness (or random nature) of every game or bet. Bitcoin casinos that are provably fair will provide a server seed as well as a client seed for players to verify. The seeds are combined with an arbitrary number (the bet ID), and hashed together. Then, players may view each bet and click on the bet ID to verify that the outcome was truly generated randomly by pasting the data into a verifier. In this way, you can make sure that the game outcome isn't rigged.
Bitcoin casino Canada – the opportunities
Considering the sheer number of casinos that have opened their virtual doors to Canadian players, there are very few that actually support Bitcoin gambling. If you’re interested in playing using Bitcoin (and earning Bitcoins if you win), then you should seek out one of these Bitcoin gambling websites and make sure that they are licensed and that they accept players from Canada. Here are a couple of suggestions to save you some time:
Bitcoin casino list
Playamo is a licensed casino operated by Direx N.V. that accepts Bitcoin deposits and withdrawals, as well as other cryptocurrencies like Dogecoin and Litecoin. Playamo casino offers over 2000 games, including a huge collection of slots and a live casino, coupled with great promotions and 24/7 customer support.
To play at PlayAmo casino using Bitcoin, you need to sign up for a Cubits account (which is an online exchange), then purchase bitcoins with your VISA, Mastercard, OKpay or via bank transfer. Then, you can simply use these Bitcoins to top up your Playamo balance or pay directly from your Cubits account.
Casinochan is another Bitcoin casino run by the same operator with an enormous collection of games and which lists Bitcoin as one of its payment methods. The game menu also includes a separate collection of ‘Bitcoin games’, where you can view all the games that you can play using this cryptocurrency. Casinochan also accepts other cryptocurrencies like Ethereum, Dogecoin, Litecoin and Tether.
At both of these casinos, Bitcoin payments are processed instantly, and players can enjoy complete anonymity. To start playing with Bitcoin at Playamo or CasinoChan, you need to deposit a minimum of Min 0,001 BTC (there is no maximum deposit) for BTC to BTC transactions.
Your Bitcoin gambling journey starts here!
Bitcoin gambling comes with a number of advantages whose appeal is hard to ignore. As this cryptocurrency is becoming increasingly popular with gamblers, many more Canadian online casinos are expected to start accepting it in the near future, and Canada Casino will do its best to inform its visitors about any new Bitcoin casinos. Make sure you visit our site from time to time to discover the next online Bitcoin casino that is welcoming Canadian players, and start enjoying a secure and provably fair gambling experience!