Crypto online casinos are slowly and surely becoming more popular than traditional casinos in Canada. Online casino players in Canada prefer playing at crypto online casinos because of the safe, secure, anonymous, and affordable payment options, big bonuses, and provably fair games.
Here is why we recommend the following online casinos for Canadian casino players online.
#1 .Cloudbet – Highest RTP Casino
#2. Metaspins – Best Web3 Gaming in Canada
#3. Betchain – Best Casino Tournaments in Canada
#4. 7Bit Casino – Biggest BTC Jackpots
#1. Cloudbet Casino
- Online casino and sportsbook
- High RTP slots, table games, and live dealer games
- Slots with jackpots in six and seven digits
Cloudbet.com offers an online casino, a sportsbook, a live casino, and an eSports site on a mobile-friendly software platform. The library offers games from Betsoft, Spinomenal, Elk Studios, and Tom Horn Gaming.
Cloudbet Casino supports multiple cryptocurrencies, including Altcoin, Solana, Binance, Litecoin, Dash, Dogecoin, Ethereum, and Bitcoin. The online casino allows you to play Baccarat, Blackjack, Roulette, slots, table games, and live dealer games with Bitcoin.
The gaming environment is safe, secure, and fair at Cloudbet Casino . Many games are provably fair, enabling you to check their results for fairness and accuracy. The online casino holds a license from the Curacao Gaming Control Board and supports responsible gambling.
Start playing with a welcome bonus of up to 5 BTC and enjoy loyalty rewards, weekly free spins, giveaways, and seasonal promos at Cloudbet Casino .
#2. Metaspins Casino
- Up to 60% rakeback
- Play with nine cryptocurrencies
- Social interaction and unique promos on Discord
Metaspins Casino features Web3 integration, enabling you to deposit, withdraw, and purchase cryptocurrencies with ease. The online casino plans to implement Web3 functionalities like an NFT marketplace so that you can use NFTs to play your favourite games.
The casino site gives you the ultimate Web3 gaming experience in Canada. It has plans to introduce Metaspins, NFTs, crypto staking, loot boxes, and many other exciting features shortly.
One of its most exciting features is Metaspin , an in-house reel. A Spin button appears when you play at the online casino. Click on this button to win exciting rewards, including big wins.
The operator of Metaspins Casino is Metaspins N.V., a company licensed by the Curacao Gaming Control Board. Start playing with a welcome bonus of up to 1BTC and enjoy slots, table games, and live dealer games from 41 providers.
#3. Betchain Casino
- Tournaments with prize pools of cash and free spins
- Deposit and withdraw with six cryptocurrencies
- Weekly cashback bonuses, deposit match bonuses, and free spins
Betchain.com welcomes new players with 100% up to C$600, and you need to deposit only C$15 to qualify for this bonus.
The online casino offers several bankroll-boosting promotions. These include a high roller reload bonus of up to C$600, a weekly cashback bonus of up to C$75, and a weekly reload bonus of up to C$40 plus 25 free spins.
Participate in tournaments to boost your bankroll further. The online casino hosts monthly and weekly tournaments, enabling you to win generous cash prizes and up to 4,000 free spins.
Betchain.com is a SoftSwiss-powered online casino offering several provably fair games and Bitcoin games. Deposit with fiat or crypto options to start playing for real money.
Established in 2013, Betchain.com belongs to Dama N.V., a company holding a license from the Curacao Gaming Control Board.
#4. 7Bit Casino
- Thousands of games from 117 software providers
- Exciting casino races with generous prizes
- Trusted by Bitcoin gambling portals
7Bit Casino has exciting features like lucky races, tournaments with big prize pools, new games, and daily cashback. When you sign up, you get a bonus of up to C$300 or 1.5 BTC plus 100 free spins.
The crypto online casino hosts several lucrative tournaments, including a welcome race with a prize pool of 2,000 free spins.
Enjoy a Monday reload bonus, Wednesday free spins, a 20% weekend cashback bonus , and a daily cashback bonus of 5%, 10%, or 15% depending on your losses of the previous day.
The multi-vendor library offers slots, jackpot games, live dealer games, and instant-win games. The total jackpot value currently exceeds 2.23 BTC.
The operator of 7Bit Casino is Dama N.V., a company licensed by the Curacao Gaming Control Board. The online casino helps players to gamble safely.
Popular Crypto Currencies to Use at Canadian Online Casinos
The online casino gaming industry is among the first to implement new technological developments for customer benefit. Casino sites quickly introduced cryptocurrencies when they gained popularity as payment options.
Although cryptocurrencies are in the infancy stage, many Canadians understand the advantages of using them for deposits and withdrawals. Crypto banking options are quick, easy, convenient, secure, and affordable.
Cryptocurrencies owe their popularity to their anonymity and the fact that you can use them without revealing banking details.
Bitcoin
The simplest way to define Bitcoin is by calling it Internet cash. Bitcoin is a decentralized virtual currency invented by a mysterious character, Satoshi Nakamoto, in 2009.
You can trade bitcoins on cryptocurrency exchanges. The volatile nature of Bitcoin makes it a popular investment option.
One bitcoin was worth C$13.64 at the end of 2012, but today, it is worth C$22,882.
Bitcoins have no physical existence and exist only in virtual form. Bitcoin users store them in digital wallets on laptops, computers, and smartphones.
Bitcoin wallets have private keys and unique addresses, which you can use to send and receive bitcoins.
Ethereum
Ethereum is the decentralized blockchain network using Ether tokens. You can use Ether to make transactions, play casino games online, trade cryptocurrencies, and store and use non-fungible tokens (NFTs).
Vitalik Buterin co-created the Ethereum project as a better alternative to Bitcoin. The white paper he published in 2013 detailed smart contracts enabling users to develop decentralized applications.
The Ethereum network uses thousands of computers worldwide, which makes it decentralized and secure. Even if one computer in the network crashes, the network continues to work.
You must store Ether in a wallet to make purchases, wager on online casino games, and complete many other transactions.
Litecoin
Launched on October 13, 2011, Litecoin is the world's first altcoin or alternative cryptocurrency. Among the biggest P2P cryptocurrencies as per market capitalization, Litecoin tracks transactions in public, decentralized ledgers and uses blockchain technology.
Litecoin is not under the control of any authority. The larger supply of LTC leads to faster transactions and gives Litecoin an edge over Bitcoin. Also, Litecoin maintains fairness by using a different hashing algorithm.
Charlie Lee, a graduate of the Massachusetts Institute of Technology, said that he wanted to create a coin that would become silver to Bitcoin's gold. Litecoin uses the best innovations in the crypto technologies available during the time of its creation.
Bitcoin Cash
Bitcoin Cash (BCH) is a cryptocurrency and blockchain network. BCH is cheaper and faster than Bitcoin. Members of the Bitcoin community developed Bitcoin Cash by creating a hard fork in the Bitcoin blockchain network.
Although the purpose of developing Bitcoin Cash was to solve several issues within the Bitcoin network, it created a rift within the Bitcoin community. The two cryptocurrencies co-exist, along with debates about the superiority of one over the other.
Bitcoin Cash works just like Bitcoin, but Bitcoin Cash transactions are faster, and the network charges lower transaction fees because it uses big blocks. It also supports smart contracts.
Provably Fair Gaming – What Does It Mean?
Cryptography lets you instantly and independently verify the results of provably fair games for fairness and randomness in Canada.
You get a fingerprint of the spin or round before the game starts. When the game ends, you can check to ensure that it was the same spin as the fingerprint you initially received.
Here is how it works:
- The casino applies a random spin and gives you a fingerprint of the spin plus a secret random number.
- Place a bet and play the game to get the data used to generate it.
- Use the provability fair widget to check if the fingerprint matches the spin.
You can also use an independent hash calculator to check the game for fairness. Copy the secret plus result field from the game and paste it into the input box of the hash calculator.
Choose SHA-256 as your algorithm and click on generate. The generated hash should match the one you received at the beginning of the game.
How to Start Playing at Cryptocurrency Online Casinos
The procedure to sign up at cryptocurrency online casinos is more or less the same. Crypto online casinos have a quick and easy signup procedure, enabling you to start playing in a few seconds.
Canadian casino online players who value their privacy prefer crypto online casinos because they do not demand personal information.
- Initiate the signup procedure by clicking on Sign Up.
- Start by entering your email address.
- Create your login credentials (password and username).
- Choose a currency from ten fiat and five crypto options.
- Accept the casino site’s T&Cs and privacy policy.
- Make a deposit and start playing.
Later, you can visit your profile section to add personal information, secure your account, upload identification documents for verification, and set preferences and limits as you play in Canada.
Which types of cryptocurrencies can I use at online casinos?
In addition to Bitcoin, Bitcoin Cash, Litecoin, and Ethereum, casinos online support many other coins.
Dog-loving players prefer using Dogecoin for deposits and withdrawals. Shiba Inu, a Japanese dog breed, is the inspiration for Dogecoin.
However, this open-source peer-to-peer digital currency may also refer to Do Only Good Everyday.
Tether (USDT) transactions utilize blockchain technology, but the tokens are connected one-to-one to fiat currencies. Since they have the backing of fiat currencies, they are less volatile than Bitcoin and other cryptocurrencies.
Ripple (XRP) went live in 2012 and is popular among players because it is safe and secure. The XRP Ledge allows only selected participants to secure the network and validate transactions.
Binance Coin (BNB) has innovative features like burn, which reduces transaction fees. It works on a DEX platform with an addition based on blockchain technology.
Crypto casino sites also allow you to use USD Coin, Cardano (ADA), TRON (TRX), and Dash.
What are the pros and cons of using cryptocurrency for gambling?
Using cryptocurrencies at online casinos has pros and cons. Although crypto transactions are easy, safe, and quick, the technology is still in its infancy. Not many players are comfortable using cryptocurrencies for deposits and withdrawals.
Crypto casino sites attract players with multi-vendor libraries, big bonuses with player-friendly terms, tournaments with big prize pools, and lucrative promos.
Since cryptocurrencies are unregulated, many crypto sites do not feel the need to obtain a license, which makes them unsafe.
Although you can play anonymously at crypto online casinos, you may find it impossible to access locked casino gaming accounts because your identity is unconnected to your gaming account.
Micro gambling is a big advantage of playing at crypto casinos online, making them ideal for low rollers. You can bet less than a cent at crypto casino sites.
On the downside, Bitcoin and altcoins are highly volatile, which may impact your casino winnings in Canada.
Related reading: Top 15 Online Casinos in Canada
Conclusion
The advantages of playing with cryptocurrencies at casinos online far outweigh their disadvantages. Crypto transactions are secure and give you complete control over your funds.
You no longer have to wait for days to receive your winnings because crypto transactions are fast.
Crypto transactions in Canada do not take more than ten minutes to process. This is because of the absence of banks or intermediaries that delay the transaction.
Other advantages of crypto transactions include low or zero fees and complete identity protection. Moreover, Bitcoin is open-source and totally decentralized.
There are several crypto casinos online accepting Canadian players. Do ensure that the casino site is licensed and regulated to enjoy a safe and secure gaming experience. We recommend signing up at any of our top five Canada-friendly crypto casino sites.
Crypto casino sites offer big bonuses, exciting promos, tournaments, races, big jackpots, and multivendor games. Have fun but always gamble responsibly.
Disclaimer: The above is a sponsored post, the views expressed are those of the sponsor/author and do not represent the stand and views of Outlook Editorial.
