crypto casinos canada guide

How to Choose The Best Crypto Casinos?

Digital currencies have become a popular payment option in the modern world. They are frequently listed among the available payment methods at the many casinos we review for our Canadian players. However, the number of crypto casinos can be overwhelming if you don’t know what to look for. To help you choose the right one, we’ll outline some essential things to consider:

โœ“ Read our casino reviews

โ˜๏ธ Firstly, our team of experts frequently updates our website with casino reviews, making it the perfect starting point for information on slots. Here are some of the latest reviews we’ve added that you might find interesting:

โœ“ Always verify that the online casino is licensed and regulated

Safety and licensing are as important to us as they are to all players. That’s why every casino we feature is properly regulated in Canada. This means they undergo regular RNG audit tests to ensure the games are fair and not rigged.

โœ“ Check what security measures the casino has in place

Most casinos have a dedicated page on Responsible Gaming. Similarly, we provide a page for all our Canadian players, offering tools and tips for time management, budgeting, and other strategies to help you better manage your online gaming experience.

โœ“ Investigate the speed of crypto transactions

One of the biggest advantages of crypto casinos is the speed of transactions. Players can expect to deposit and receive funds in under 10 minutes, adding extra convenience to their gaming journey.

โœ“ Ensure that the casino accepts the currency that you need

Most crypto casinos accept various types of cryptocurrencies, from popular ones like Bitcoin and Ethereum to meme coins like Dogecoin and Shiba Inu. Be sure to check the list of accepted cryptocurrencies to ensure your favorite one is available.

โœ“ Look out for bonuses specifically for crypto users

Crypto casinos often promote this feature by offering exclusive crypto deals. This might be right up your alley if you follow the crypto trend. Check out their available offersโ€”some are massive and hard to miss!

โœ“ Make sure the casino offers a wide range of games that you enjoy

Casino games are a crucial element of any casino. To stay competitive, casinos regularly release games with new mechanics and features. Browse the casino’s game library before signing up to see if it suits your preferences!

The convenience of using cryptocurrencies
Bonuses and promotional offers at crypto casinos typically come with very low wagering requirements, making withdrawals much easier for players.

Is it Safe to Use Crypto in Casinos?

Yes! Crypto casinos guarantee robust security systems using encryption and verification layers during transaction processes. Additionally, they don’t require third-party intervention as you do with bank transfers and credit card payments.

Another benefit that crypto casino players enjoy is anonymity. Cryptocurrency transactions allow bettors to keep their identities private, with most transactions requiring only an email and a crypto wallet address.

Cryptocasinos are havens for casino players
Cryptocurrencies have enabled casino players to enjoy fast transactions with low fees. When you fund your gambling wallet and request payouts, you get results almost instantantly.

How to use Crypto at Online Casinos?

Cryptocurrency gambling has gained popularity due to its benefits, including enhanced privacy, faster transactions, and often lower transaction fees. In the next section, you’ll learn how to use this payment method at the most popular casinos in Canada.

How to deposit using Cryptocurrencies

The general process for using crypto is similar to other methods, but there’s one particular step you must take: enter your wallet address correctly. This wallet will send and receive cryptocurrencies to and from the gambling site.

  1. Log in to your casino account.
  2. Go to the ‘Cashier’ or ‘Deposit’ section.
  3. Choose the cryptocurrency you want to use from the list.
  4. Enter the amount you want to deposit and your wallet address.
  5. Review your details and confirm the transaction. 

How to withdraw your winnings with Cryptocurrencies

Withdrawing your funds should be as simple as funding your casino account.

  1. From the ‘Cashier’ section, select ‘Withdraw’.
  2. Choose your preferred crypto from the list.
  3. Enter the amount to withdraw and your wallet address. 
  4. You should receive your funds almost instantly once you confirm the transaction details.  
As a rule of thumb…
Online casinos will require you to withdraw using the same method you used to deposit as a way to fight money laundering.ย 

Are there any fees for depositing and withdrawing at crypto casinos?

These days, casinos rarely charge fees for transactions. However, most cryptocurrencies incur small fees for each transaction, varying slightly depending on the cryptocurrency used. This fee, known as a ‘network fee,’ is a mandatory charge paid to the network of computers processing the transaction. Safe and legal online casinos will display this fee in the Cashier window before you proceed with your transaction.

Be on top of the game!
You can buy crypto through an exchange wallet, or you might find casinos that allow you to buy crypto directly on their platform. If so, stay informed about current exchange rates and transaction fees.

Pros and Cons of Crypto Casino Payments

Next, weโ€™ll discuss the advantages and disadvantages of using cryptocurrencies and compare them to some classic payment methods

AdvantagesDisadvantages
โœ… Fast transactionsโŒ Cryptocurrencies are largely unregulated
โœ… Fees are generally smallโŒ The market can be volatile
โœ… You can stay anonymous
โœ… Crypto isnโ€™t limited by country
โœ… Secure payment method
โœ… The number of crypto casinos is increasing

Cryptocurrencies vs. Other payment methods

As you can see, crypto offers several major advantages over more traditional payment methods. Itโ€™s fast, secure, has low fees and you can stay anonymous. However, the value of many cryptocurrencies can change, making them somewhat volatile. 

FeaturesCryptocurrenciesVisaE-walletsMastercard
Low Feesโœ”โœ–โœ”โœ–
Fast Transactionsโœ”โœ–โœ”โœ–
Popularโœ”โœ”โœ”โœ”
Secureโœ”โœ”โœ”โœ”
Regulatedโœ–โœ”โœ”โœ”
Anonymousโœ”โœ–โœ–โœ–
Did You Know?
Crypto casinos in Canada typically ask for less personal information. This makes it perfect for players who want to stay anonymous. 

Using Crypto at Mobile Casinos

Most Canadian players want a mobile-optimized option for their online casino gameplay. Mobile casinos and casino apps allow you to spin the reels of your favorite slot, claim bonuses, make real money transactions, and many more convenient features while on the go. With the rise of new mobile casinos in Canada, now is the perfect time to start playing on your mobile device!

  1. Rooli Casino – A smooth mobile experience

Rooli boasts over 6,000 games, most of which are available for mobile gameplay. The casino accepts all major cryptocurrencies and traditional payment methods to fund your casino account.

  1. Thor Casino – An easy-to-navigate website

Claim a generous welcome bonus and free spins and be rewarded for playing at Thor Casino. The site is fully optimized for mobile use, allowing you to browse seamlessly through its simplistic and modern design.

  1. Spades Queen – Mobile gameplay for royalty

Spades Queen has a clean, well-designed website featuring an attractive fantasy theme. It offers over 3,000 online slots that you can play from your mobile browser or by downloading its dedicated app, which is available for iOS and Android users.

Shake or swipe to play!
Mobile gaming is thriving across the entire industry, including online gambling. Nowadays, most people prefer playing games on their phones over any other device.

Solutions To Common Issues When Using Crypto At Online Casinos

You may encounter problems when using any payment method, including crypto. Here are a few common issues you can experience and the likely solution. 

  1. I canโ€™t withdraw my winnings

The most common reason you cannot withdraw is that you havenโ€™t fulfilled the casinoโ€™s wagering requirements. The exact number is usually found in the bonus terms, and remember, not all games contribute equally. 

  1. I canโ€™t change my details

With many cryptocurrencies, you must enter your wallet address at the time of the transaction. If youโ€™re using a new wallet or crypto option, you can edit this when you deposit or withdraw. 

  1. I paid the wrong amount

You can probably make a second deposit if you deposited less than you intended. However, if you sent too much, we recommend contacting the casino for a possible refund. Itโ€™s not guaranteed, but it will be worth the try.

  1. Where are my funds? 

With withdrawals, it can sometimes take several working days on the casinoโ€™s end to process them. The best thing is to contact customer support and check the status of your withdrawal. In the worst case, you may have accidentally written in the wrong address. 

Did you know?
For new casino players – Cryptocurrencies can also be used to claim welcome bonuses.

Be Bullish on Crypto Casinos!

While there was some uncertainty when Bitcoin was first announced, itโ€™s clear that cryptocurrencies are now firmly established and here to stay. This is reflected by the number of crypto casinos growing in Canada and across the online casino market in general. With advantages such as safety, low transaction fees, and anonymity, we can see why crypto is becoming a favorite payment method among Canadian players.

Frequently Asked Questions

Bitcoin is definitely the most popular. Following Bitcoin in popularity are Ethereum, Litecoin, Tether and DogeCoin.
Yes, itโ€™s generally considered safe, although itโ€™s largely an unregulated market.
Yes, some casinos do charge some fees, but these are usually minimal.
Yes, youโ€™ll still get a bonus, and in some cases, bonuses for cryptocurrencies are even bigger.
Yes. It is becoming increasingly common for online casinos to offer both types of payment โ€“ FIAT and cryptos โ€“ so it's inclusive of all players' payment needs.
Cryptocurrency is a universal currency, which makes it easier to transact with and involves no currency exchange fees since it's one common currency used all across the world.
Author
Stephanie
Site Manager
Stephanie brings over 10 years of iGaming experience and strives to offer easy-to-digest casino information to players in Canada. She's responsible for updating and optimizing our website to ensure it runs smoothly and provides a positive user experience.

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