Best Bitcoin casinos Canada December 2023
Find a shortlist of the best Bitcoin casinos Canada has to offer right here. Bitcoin is anonymous, has no direct connection to a personal bank account, and players can get access to extra bonuses and promotions. Learn more about how to use it at casinos online and what makes it safe. (Written by Hannah Cutajar)
Our top recommended Bitcoin casinos & sites
The latest Bitcoin casinos to avoid
Our 25-step review process has been carefully designed to give us a comprehensive understanding of every site we review. The steps include areas like gaming variety, speed of withdrawal, bonus money conditions, and licenses and security. Here are the latest Bitcoin casinos that have not made the grade.
Introduction to Bitcoin & crypto casino
Bitcoin is a new currency type that does not rely on banks and has no physical cash corresponding to it. It is a decentralized virtual currency or cryptocurrency used by millions of people and businesses around the world. Bitcoin casino transactions will have much faster processing times and lower fees than other online payment methods because they do not involve banks and investment companies.
The best Bitcoin casinos in Canada protect your identity and allow you to deposit and withdraw funds anonymously. There’s no sharing of any banking or personal data in order to make financial transactions. There are now dozens of Bitcoin casinos, each offering a unique portfolio of betting games like roulette and online slots to crypto-currency customers.
How to get started with bitcoin
Bitcoin is an easy payment method to use, particularly via a mobile app. Before you can make a casino Bitcoin deposit into your account you’ll need to get some of the currency. You can do that by following the steps below:
- 1Register for a Bitcoin wallet of your choice. Simply go to Bitcoin.org to download the free client for storing your Bitcoins.
- 2Either buy coins from traders or mine them directly yourself. You can find detailed explanations online on how to do that.
- 3You are ready to find an online Bitcoin casino! Our experts have shortlisted their recommendations for the top BTC casinos to help you choose.
How to make a deposit using Bitcoin
Once you have obtained some Bitcoins you can deposit them into Canadian Bitcoin casinos using the following steps:
- 1Open an online gaming account and go to the ‘cashier’ section of the website.
- 2Select ‘Bitcoin’ as your deposit method. The screen will provide you with a unique web address for your account.
- 3Go to your Bitcoin wallet and input that address in the tab for sending Bitcoin.
- 4Enter the amount and confirm your transaction.
- 5The funds will become available to use within a few minutes.
How to withdraw from a casino using Bitcoin
Withdrawing funds with Bitcoin is a straightforward process and tends to be one of the fastest withdrawal methods. How to do it is outlined in the steps below:
- 1Go to the casino cashier: When you are ready to withdraw funds from your account, open the ‘cashier’ page at the online casino of your choice.
- 2Choose Bitcoin: Select Withdrawal and then Bitcoin as your payment method. You’ll need to enter the amount you’re looking to transfer out of your account.
- 3Generate the Bitcoin wallet address: At this point, you’ll need to go to your Bitcoin wallet and copy the wallet address you are given.
- 4Check your details: Give the Bitcoin address to the casino and check that everything meets their withdrawal requirements.
- 5Make your withdrawal: Click withdraw. The Bitcoins will be available within a few hours once the casino has processed your request.
Benefits and challenges of Bitcoin gambling
- Transactions are completed within minutes
- Full anonymity is possible
- Bitcoin wallets exist in mobile app form
- High-end security is provided by the Bitcoin wallet
- No transaction fees
- Still a relatively new and untested currency
- Could be difficult to understand Bitcoin for those who have never used it before
- Bitcoin value fluctuates with users and markets
- It is a digital currency and there is a small chance that some Bitcoins may be lost if all key systems involved crash
Canadian Bitcoin casinos safety and security
Casinos that accept crypto in Canada tend to offer BTC as a method, as it is one of the safest payment options around. There is no connection to personal names, banks, bank accounts, or other private information that could lead back to your identity or allow someone to exploit the data for their own purposes. Bitcoin transactions are digital and highly encrypted.
During the process of moving Bitcoin around a number of verifications are carried out to ensure that it is all running smoothly. All this means that Bitcoin casino deposits are virtually untraceable and completely secure, making them one of the best ways to pay for real money gaming. Of course, the major drawback is the potentially unstable market where the price of Bitcoin can drop. However, this does not impact its safety at an online casino.
In addition, if you keep your Bitcoin earnings in Bitcoin and do not convert them to cash currency they will not be taxed, as the decentralization of Bitcoin means there is still no central regulating authority that can tax it.
With e-currency based on cryptographic proof, without the need to trust a third-party middleman, money can be secure and transactions effortless.
How to choose where to gamble with Bitcoin
There are a number of different cryptocurrencies accepted nowadays but what is the best crypto casino Canada has to offer, and what currency is best? While they often work in similar ways and provide similar benefits, they do all have distinctive features. Below are the most popular coin types you could consider for online gambling:
Bitcoin - By far the most popular cryptocurrency in the world, Bitcoin is usually the go-to option for crypto casino gaming.
BitcoinCash - Similar to Bitcoin, BitcoinCash is based on the same system but has a lower value per coin, which can make it easier to use for smaller amounts.
Ethereum - Ethereum is an established cryptocurrency with a convenient wallet and a very secure platform, making it perfect for a crypto online casino.
Litecoin - Launched in 2011, Litecoin was one of the first Bitcoin alternatives, and its take up has grown at a similar rate. It is now widely used at top betting sites.
Dogecoin - Although it started as a joke currency in 2013, Dogecoin has proven itself as a reliable option with a strong following in the online community.
Monero - Thanks to its improved platform and protocols, Monero promises to offer the best privacy for online transactions, making it a perfect choice for casino players.
Dash - Dash was created on the Bitcoin protocol, and comes with similar perks but at a lower value. It's best suited to and more convenient for lower-budget players.
NeoGas - NeoGas is not as widely used as some other cryptocurrencies, but still has a large following in China, particularly because it's the token used on the NEO platform.
Stratis - Stratis offers blockchain solutions for corporations looking to incorporate the cryptographic technology in the financial sector for more secure transfers.
Peercoin - One of the lower cryptocurrencies with great potential, Peercoin promises very secure transactions at low costs and with annual returns for users.
PlayMoney - A demo currency used by leading cryptocurrency-based online casinos to give players the chance to try out the games without spending any real money.
Staying anonymous with Bitcoin
Anonymity has become a rare commodity in today’s digitized world. Bitcoin is one of the best ways to remain truly anonymous online and keep your banking transactions to yourself. Here are some ways to protect your privacy:
- 1Don’t share any personal information with your Bitcoin wallet. That way transactions cannot be traced to your name and information.
- 2Keep your funds in Bitcoin. Converting them into USD or other standard currencies will make them traceable.
- 3Generate a new wallet address for each transaction. You can do this by going into the wallet and requesting a new address every time, thus not leaving a trail of transactions leading to you.
- 4Play only at recommended, reliable Bitcoin casinos you can trust to protect you and your data.
Alternative banking methods
How we rate Bitcoin casinos
Background and safety check
A core stage in our 25-step review process is checking the casino’s license and gaming authority information, to ensure all financial operations and transactions are overseen by a recognized body in the industry. This makes sure your funds are safe and you have a good level of protection regards your casino funds and winnings, alongside a fair game.
Deposit funds and contact customer support
We’ll make deposits in several currencies and rate the casino based on its speed, ease, and security of payment. Canadian Bitcoin casinos come with an extra layer of online security because all transactions are encrypted multiple times. Customers remain anonymous and there are no personal details required for deposits. We’ll also fire off a number of questions at the customer support team to ensure players can get help when needed.
Play games and cash out winnings
We believe it is important for players to have full control of their funds and not have to wait around for days to receive their winnings from online casinos. Once we’ve tried a few hours of gameplay at we’ll request any winnings to vet the casino cashier’s response time. Bitcoin facilitates very fast transactions without any costs, and so the best casino sites must support quick withdrawals.
Why use Bitcoin at online Canadian casinos?
The notable advantage that comes with using Bitcoin, or any established cryptocurrency, is complete anonymity. As it’s not regulated by a central bank in Canada, Bitcoin is anonymous, and customers aren’t required to enter personal details to open an account or make transfers.
Bitcoin gambling is also very secure as transactions are encrypted and verified several times at different points on the network to guarantee the best security. In terms of privacy, it’s basically impossible to trace transactions back to their source.
Not only are Bitcoin casino deposits and withdrawals free to make, but they are also much faster than other casino banking options. It’s common for withdrawals in standard currencies to take around seven days to process, but payments in Bitcoin are done in a matter of minutes.
Bitcoin casino FAQs
Are crypto casinos legal in Canada?
Yes, crypto casinos are legal in Canada. They are subject to provincial regulations which has its advantages and disadvantages. and many provinces permit online gambling, including crypto casinos.
What are the new rules for crypto in Canada?
Unlike the Canadian dollar, cryptocurrencies are no longer considered legal tender in Canada. They are not issued or regulated by the government or central bank. This means that your transaction will always be anonymous. The specific regulations regarding cryptocurrencies are evolving, and it's important to stay informed about the latest updates from government authorities and regulatory agencies.
What is Bitcoin and how does it work?
Bitcoin is a digital currency you can use online to pay for products and services just like you would with real cash. Most people buy Bitcoins from specific sites or receive them as a form of payment from a friend or someone else. Bitcoins originate from and can be obtained through a process called mining. The unique thing about Bitcoins is that there’s a finite number of them at any one time.
Can I fund my online casino account with Bitcoins?
Yes, you can! You can play Bitcoin slots real money versions at dozens of Bitcoin casinos in Canada. Depositing with Bitcoin only requires a few steps once you have the currency.
Is bitcoin a safe banking option to use?
Bitcoin is a safe banking option at online casinos. It provides a safe way to fund your gaming account, and withdraw too.
How fast are Bitcoin transactions with casinos online?
They are more-or-less instantaneous. There is no processing time with an external bank, unlike with some more traditional banking methods like credit cards or e-wallets. This is true for both withdrawals and deposits at crypto online casinos.
How do Bitcoins compare to other banking options?
The cryptocurrency compares well, which is why we rate it highly. It has an edge over other methods for its instant transactions and anonymity of personal bank details. The downside to BTC gambling is that values fluctuate: if the value of your Bitcoin goes down, you won't be able to withdraw as much cash.
Will there be any fees with Bitcoin transactions?
Not usually. Bitcoins can be bought and sent peer-to-peer across the Internet without going through a bank or clearing house, which means there are no processing fees. This is true for most crypto coins. However, there may be some processing fees depending on the online casino accepting them.
Semi professional athlete turned online casino enthusiast, Hannah Cutajar is no new comer to the gaming industry. With over 5 years of experience, she now leads our team of casino experts at Casino.org and is considered the go-to gaming specialist across several markets including the USA, Canada and New Zealand. Her number one goal is to ensure players get the best experience online through world class content.