Best Bitcoin Casino Sites in Canada

A crypto casino is an online casino that allows players to use cryptocurrency as a payment method. Many people refer to all crypto casinos as Bitcoin, which can be confusing for some players. As Bitcoin is often used interchangeably with cryptocurrency in a conversational manner, some less knowledgeable players will use the phrase concerning any crypto casino.

Within Canada, crypto casinos have become increasingly popular. Players have started to understand precisely what cryptocurrency can do regarding flexibility, security, and privacy. As such, Canadian players have begun to migrate to some of the top crypto casinos on the market.

Crypto betting is a legal grey area within Canada. Although online gambling is widely restricted for sites located inside the country, bettors who reside in Canada can use offshore sites without fear of repercussions. With cryptocurrency also legal, Canadian players have many choices when choosing a crypto casino.

Of course, there are personal aspects that players have to look into to find the right crypto casino. With many sites available, sensible bettors must research the following factors before selecting a casino.

Accessibility

Is the site accessible? It doesn’t just mean in terms of geography, either. Players must check to ensure they can access the site in Canada. Once they confirm this is the case, ensuring the site is easy to navigate is vital. If the site is hard to use, it’s best to look for somewhere with a more straightforward design.

Secure Crypto Payments

Making secure payments is, without a doubt, the most critical factor when choosing a crypto casino. It doesn’t matter how good a bettor is at casino games, if the payments aren’t secure, they will lose their money. Make sure that the payments are fully encrypted to keep your deposits safe.

Fast Deposits & Withdrawals

Access to funds instantly is what crypto promises. The blockchain should complete even the slowest crypto withdrawal before a fiat payment. However, if the casino adds manual processing time, it can slow things down. Ensure that instant processing is available so that funds are available immediately.

Crypto Bonuses & Promos

A casino bonus is worthless to crypto players if it’s only available in fiat. Any player that wants to boost their bankroll should ensure a crypto bonus is available.

Low Crypto Banking Fees

While gas fees are primarily unavoidable, no player wants a casino that will add extra costs. Check the site doesn’t add transaction fees, this way, bettors can keep a higher percentage of their profits.

Fair Deposit & Withdrawal Limits

Any player who’s achieved a massive win will have come across a casino that won’t allow them to withdraw it all. Check the withdrawal limits to ensure full access to winnings is available in a short time frame.

Wide Range of Crypto Games

Being able to play various games is a crucial aspect of crypto gaming. Any player that likes to enjoy a rotating selection of titles should research the game roster. Checking the available game providers is an excellent way to get an idea of what games will be on offer.

Wide Range of Crypto Betting Markets

For any player who enjoys sports betting, access to plenty of betting markets is essential. Part of sports betting success starts with narrowing down the markets with the best value. If there’s a small selection of markets, it makes it harder to be a success. Sports bettors must look into the available markets before creating an account.

Crypto Casino Software

Included software can also come under game selection. However, with crypto casinos, it goes further. Provably fair games are titles only offered at casinos with blockchain technology. Checking their availability is vital for any player that enjoys provably fair titles.

Crypto Casino App

This isn’t as essential as other factors. With the improving nature of mobile browser software, bettors can play crypto casinos in many formats. However, for any player who prefers using a dedicated app, it’s essential to check.

Good Betting Features & Resources

Sometimes, it’s nice to have access to something different. It can be a tournament, a new style of game, or even the ability to stake crypto. Special features can distinguish between a good crypto casino and an excellent one. It’s also a big positive if gambling resources are available. From learning to responsible gambling, resources are a big part of a superb crypto site.

Crypto casinos offer players some fantastic bonus opportunities. With higher levels of bonuses offered, it ensures that crypto players can boost their budgets significantly.

Deposit Match Bonuses

A deposit match bonus is when a crypto casino adds extra funds after a player makes a deposit. A crypto casino typically awards a matched bonus as a percentage. For example, a 100% matched bonus would grant a bonus of 1 BTC if a player made a 1 BTC deposit.

Free Spins Bonuses

These bonuses work differently to deposit match bonuses. Instead of awarding players with extra funds to bet with, the site awards free spins. These spins will usually be of a low value and restricted to a specific video slot. An example would be a deposit of 0.1 BTC, gaining a reward of 100 free spins.

No Deposit Bonuses

A no-deposit bonus is a bonus granted to players without needing a deposit. It’s normally a welcome bonus upon signing up. It typically involves a small number of free spins but can sometimes be a small amount of funds for betting.

Taxation on gambling winnings only applies to professional players in Canada. So, recreational gamblers don’t have to pay taxes on any winnings at an online casino. Depending on the player’s earnings, the tax rate can be between 15% and 33%.

However, it gets a little muddier when it comes to crypto. Crypto tax is applied if bettors make a profit on their crypto purchases. It doesn’t come into play until the bettor exchanges the crypto for CAD. At this point, the bettor pays tax on any profit. So, if $15 worth of crypto turns into $50 worth of crypto, tax is paid on the $35 profit. The tax rates are the same as income tax, between 15% and 33%.

As crypto is a capital gain, bettors can also write off half of their capital gains from crypto. On top of this, there’s also an allowance for the first $14,398 earned from capital gains. Keeping on top of these laws is essential as they change regularly.

When looking for an app, it’s crucial to ensure it provides high levels of security. Encryption is essential, as player data is vulnerable to attack if it’s not encrypted. Transactions also require encryption, otherwise, malicious code can track payments.

Players should also make sure the app is simple to use. Navigation should be easy, and controls should be responsive. The app should also be user-friendly, particularly regarding payment methods. Access to a comprehensive range of crypto is a critical facet of the app, especially for players who use less common cryptocurrencies.

The game selection should be well-stocked. Many players enjoy a range of games, so if the game choice is minimal, it will lead to less enjoyment. Provably fair games are also a big part of player enjoyment, helping the site treat players fairly. The site should also implement fair policies, such as realistic bonus terms and conditions.

When buying Bitcoin, or any other crypto, the first step is researching the different crypto exchanges. Binance is among the most popular choices, but Kraken and Coinbase also have excellent reputations. All of these exchanges are available to Canadian players, but if selecting a different exchange, it’s vital to ensure it’s Canadian-friendly.

When researching an exchange, the available cryptos are an essential aspect. If bettors can’t buy the required crypto, the bettor will have to use a different exchange. It’s also crucial to look into the fees the site charges. Some sites will charge more than others, which will then be used to calculate profits.

Payment methods are also a factor that requires research. Using the appropriate payment method to purchase crypto will make the operation much smoother. It also ties into how easy the site is to navigate. If it’s problematic, it can cause issues, especially if prices change quickly.

Selecting a crypto casino requires a significant amount of research. We’ve made it easier for players by condensing the critical aspects into our guide. As a result, Canadian players have superb options with an excellent selection of crypto casinos. The bonus choices range from smaller bonuses with low wagering to vast bonuses of up to 7 BTC. Every player is different, so it’s essential to consider which bonus provides the best offers for each individual.

In our opinion, Stake Casino has the best game choice and promotions combination. It also provides sports betting, which takes it up to another level. However, not far behind it is BC.Game which has one of the best crypto bonuses in the industry. The daily crypto wheel provides the opportunity to win crypto every day, with a top prize of 1 BTC. Either of these choices will give players an excellent experience.

In this section, Will Wood will address your inquiries and the most common questions regarding Bitcoin Gambling in Norway and offer guidance to newcomers in the field. Feel free to submit your questions through our contact form, and we will strive to respond within 48 hours.