Bitcoin casinos are popular gambling platforms among users around the globe. It is unsurprising, as over 180 million people use this cryptocurrency for online transactions, including gambling services. If you are looking for the best online casinos for your leisure time and have an opportunity to pay with Bitcoin, you are in the right place. Continue reading to learn about these gambling platforms, their advantages, and characteristics. Nonetheless, let’s start with some explanations of cryptocurrency.Â
Primary Benefits of Bitcoin Casinos
Founded in 2009, Bitcoin (BTC) was the first cryptocurrency that enabled anonymous digital payments. Satoshi Nakamoto (pseudonym) is believed to be the creator of this cryptocurrency. However, some experts claim that Bitcoin was created by a group of people. Bitcoin is based on open-source code known as blockchain. It makes a shared open history of computerized exchanges organized into “squares” that are “chained” together. This innovation prevents fraud.Â
Bitcoin-friendly casinos have numerous benefits compared with traditional gambling platforms. For instance, you may count on no geo-restrictions. As no government can track your payments, you can pay for gambling services regardless of your location. Therefore, if you want to play at Bitcoin casino Canada but live in another region, you may turn on a VPN, deposit with crypto and enjoy gambling.
Casinos that accept Bitcoin payments offer instant deposits and quick withdrawals. Gambling websites with traditional payment methods process payments from 1 to 7 business days. In contrast, Bitcoin-friendly websites can process transactions for up to 48 hours.
3 Finest Bitcoin Casinos In Canada
We know it can be challenging to select the finest online casino for your spare time. Therefore, we have checked various gambling platforms and highlighted three options that are the cream of the crop. Let’s explore them below.
Lucky Block
This casino started operation in 2022, according to the Curaçao Gambling Control Board license. Besides, the website utilizes SSL protocols and two-factor authorization to protect players’ data. Canadian users may pay with Bitcoin, Litecoin, Carnado, Ethereum, and seven more cryptocurrencies. The platform offers over 2,500 various games from solid providers. For example, you can select table games, slots, and live dealer games.Â
All new members may receive a 200% welcome bonus up to $25,000 (0.37 BTC) and 50 free spins. You need to deposit $10 (0,00015 BTC) to grab a reward. Still, the Lucky Block casino provides other promotions, like Sunday’s Lucky prize, Weekly promotions, and more. Regular Canadian users may join a loyalty program to follow special proposals and rewards (like free spins, cashback, and more).
Pros: Why should you start playing at Lucky Block casino?
- In-site exchange for more convenient Bitcoin buying.
- Customer support is available via live 24/7 chat and email.
- Considerable welcome bonus of up to 0.37 BTC.
- Additional promotions.
- A wide range of casino games, including live dealer ones.
- Instant BTC deposits with no fees.
- User-friendly interface that allows users to navigate quickly.
- Telegram channel with fresh casino news and events.
Cons: Drawbacks
- No mobile applications.
- Restricted in some countries (US, UK).
Cloudbet
Established in 2013, this gambling website offers BTC, ETH, DOGE, stablecoins, and other digital payment options for Canadian players. The website is operated by Halcyon Super Holdings BV company and has an official Curaçao Gambling Control Board license. The Cloudbet casino has an extensive library with over 2500 quality games, including options with live dealers, slots, and table titles.
Cloudbet offers impressive bonuses for new and regular gamblers. As an example, all newbies may receive a welcome package of up to 5 BTC. Besides, you can count on daily and weekly promotions, like free spins and reload bonuses. Regular gamblers can claim VIP rewards after joining the special club. However, they need to get a particular invitation from casino managers.
Pros: Why gamblers prefer Cloudbet casino
- Instant deposits and quick withdrawals (up to 24 hours).
- 2FA and SSL Encryption are included.
- A wide range of casino games (live shows, roulette, card games, slots).
- 24/7 live chat for communication with casino consultants.
- 4.4 points on the Trustpilot service.
- Generous bonuses, including a welcome package, reload bonus and free spins.
- The online casino is suitable for high rollers.
Cons: Disadvantages
- No available customer support by phone.
- Deposits and withdrawals with Bitcoin may include small fees.
Bodog Casino
This online platform was founded in 2011. It has an official Curaçao Gambling Control Board license, so you may not worry about its fairness. Additionally, the platform utilizes several methods for user data protection (like SSL protocols and 2FA). Besides BTC payments, players from Canada may use a few other cryptocurrencies, including Litecoin, Monero, Tether, and more.Â
The casino has a large section with games. For example, you may try popular slots, table titles, poker options, and games with live dealers. Some titles offer huge progressive jackpots. When it comes to casino bonuses, you may count only on the welcome prize of up to $3,000 (0,045 BTC). However, you do not find other bonuses on this gambling website. You can also use a Refer a Friend program to invite your friends and grab a bonus.
Pluses: Why do we like Bodog Casino?
- The casino supports over 10 cryptocurrencies.
- Some games include progressive jackpots that guarantee you potentially high payments.
- Great welcome bonus for new players on the gambling site.
- Instant payments with Bitcoin.
- The platform has a separate betting section, racebook, and a poker room.
- It is suitable for high rollers.
Cons: Minuses
- No mobile applications.
- It is challenging to find the live chat on the site.
- Lack of additional promotions besides welcome bonus.
- Free cash-outs are available only every 90 days.
- No live shows at the online casino.
Final Words
Bitcoin casinos are a great option for gamblers who want to play on gambling sites without sharing their payment details. You can use Bitcoin, counting on instant deposits and quick withdrawals and zero or low fees. However, you should keep in mind the potential drawbacks. Cryptocurrency has massive volatility, so Bitcoin is unstable. Therefore, you need to follow market changes to avoid losses. Nonetheless, payments with Bitcoin give you more freedom; they can offer increased anonymity and may be performed regardless of your location.