If you're looking to play at Crypto Casinos in Canada, you're not the only one. The anonymity offered, the bonuses, the promise of instant withdrawals are all a selling point. But there are risks. The vast majority of these sites operate entirely outside Canadian provincial and federal regulation.
When you play at offshore crypto casinos you forfeit many of the protections you get at licensed Canadian operators. That's not to say they are licensed, many are, and will hold a license from Curacao, but the regulation guidelines are vastly different from those in Canada.
This absence of oversight introduces significant, often underestimated, risks regarding fund security, fair play, and dispute resolution. Using offshore operators can mean you'll forfeit a lot of the protections that are put in place by Canadian regulation.
If you've played at offshore online casinos, you'll no doubt be familiar with many of the issues we've mentioned. Being able to make deposits with no problems at all only to find you have issues with withdrawals (delayed payments, refusal of winnings). These are common complaints we see.
On this page you'll find everything you need to know about crypto casinos for Canadian players so you can make an informed decision on whether or not these are the sites you want to spend your money at.
What are Crypto Casinos for Canada?
Canada's thriving online casino market caters to various betting appetites, including those who are enthusiastic about cryptocurrency. Crypto casinos in Canada are those sites that offer one or more digital currencies as a banking option for deposits and withdrawals.
Top 10 Crypto Casino Sites for Canada Reviewed
There's a large number of online casinos that accept cryptocurrency payments that Canadians can play at.We've put together a little list of some top picks.
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Yukon Gold - Crypto Casino with eCOGRA Certification
As well as supporting CAD, Yukon Gold accepts crypto payments. The site also has eCOGRA certification, meaning its 1,000+ games are independently audited to guarantee they're being run fairly.
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Zodiac - Great Choice for Welcome Bonus
Another top site is Zodiac Casino, which offers free spins for $1 as well as a five-tier match deposit welcome bonus. Not only that, there are over a thousand games from 30+ software developers, making this a great choice for players who like a lot of bang for their buck.
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Luxury - Huge Games Selection
Luxury Casino supports both crypto and fiat (including CAD) deposits/withdrawals. It also has a very tasty array of software developers, meaning crypto players can enjoy top games from the likes of Pragmatic Play, Games Global, and live dealer specialist Evolution Gaming.
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Grand Mondial - Top Crypto Site for Software Variety
Grand Mondial Casino is a reliable place to play, thanks to trustworthy licensing from the Kahnawake Gaming Commission and certification from eCOGRA. An introductory promo matches the first two player deposits, and multiple studios contribute to the 1,000+ games. Among these are Games Global, Stormcraft Studios, Blue Ring Studios, Area Vegas Games, and Gameburger Studios.
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Captain Cooks - Trustworthy Site; Licensed by KGC, Audited by eCOGRA
Captain Cooks Casino presents players with over a thousand games, eCOGRA auditing, and licensing from the Kahnawake Gaming Commission. In short, it's got a lot of fun diversions and strong indicators of being a reliable place to play. For a deposit of $5 you'll get 100 free spins as well as a five-stage deposit welcome bonus and multiple top software developers are just the cherry on top.
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BitStarz - Provably Fair Games Available
BitStarz makes full use of crypto technology (SHA-256 hashing, server seeds, client seeds) with provably fair games that players can independently verify as being run fairly. There's also a nice variety of supported cryptocurrencies for deposit/withdrawal, including Bitcoin, Litecoin, Dogecoin, Ethereum, and more.
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7Bit - Impressive Payment & Software Options
As the name implies, this casino supports Bitcoin as a payment option, and other cryptocurrencies such as Litecoin, Ethereum, and more. 7Bit Casino also has an almost ridiculous 100+ software developers contributing to its games library, including industry big hitters like Pragmatic Play, NetEnt, and Games Global.
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Instant - Large 200% Welcome Bonus
Among the available payment methods at this site are Bitcoin, Cardano, Litecoin, and Tether, with more crypto and fiat options available. Instant Casino can boast of over 3,000 games from 90+ developers, making this an ideal pick for software connoisseurs. There's also a large 200% welcome bonus worth up to €7,500.
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BC.Game - Best for Slots Fans
The casino supports payments in a range of crypto (BTC, ETH, DOGE, TRX, XRP, UNI), and has an astonishing 10,000+ games. These can be accessed via its mobile app, and a welcome bonus applies to the first four deposits (and can be worth up to $27,320.06). Be aware that fees may apply to both crypto and fiat withdrawals, however.
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Cloudbet - Over 40+ Crypto Options
More than 40 cryptocurrency methods makes Cloudbet one of the best picks for those who use multiple forms of this digital currency. The casino also has a large library of slots and software providers, but one area where it's head and shoulders above the crowd is the live casino. With more than 250 live dealer tables it's perfect for fans of live gaming.
How Does Cryptocurrency Work?
Cryptocurrency is a form of finance that exists digitally and secures transactions by means of cryptography. This marks it out against other means of personal finance such as cards, e-wallets, and pre-paid systems which operate using fiat currency created by nation states or currency unions (such as the euro). By using encryption to verify transactions, crypto has a high degree of security. The most popular choice is Bitcoin, which was the first digital currency and was founded in 2009.
Benefits and Drawbacks of Crypto at Casinos
While crypto online casinos in Canada offer a distinctly different banking method to the fiat alternatives, one thing remains the same: there are pros and cons to using it.
The Biggest Benefits
- Security - Part of the inherent attraction of crypto is that it has a high degree of security as well as complete anonymity.
- Provably Fair Games - The underlying tech behind crypto can also be used to ensure games are being run on a fair basis. BitStarz Canada offers provably fair games, including those found in the BitStarz Originals category. These games allow players to independently verify game fairness.
- Fast Withdrawals - Crypto is one of the fastest ways to transfer funds into/out of a casino with many sites including 7Bit Canada having instant withdrawals.
Drawbacks To Be Aware Of
- Less Commonly Available - Because it's not as popular as major e-wallets, Interac, or credit/debit cards, players wanting crypto sites have a smaller selection of casinos from which to pick.
- Volatility - Every currency has a variable exchange rate, but crypto's very volatile which can cost players if the rate changes the wrong way.
- Lack of Oversight - No regulation/oversight is often seen as a perk of crypto, but coupled with the irreversible nature of payments it means there's no intermediary to help recover funds if a problem arises.
Games Available at Crypto Online Casinos in Canada
A nice feature of crypto casinos is that they have the same range of games you would expect at a standard fiat site. This makes sense as most of these casinos also support fiat currency options. So if you're shifting from CAD to Bitcoin there's no worries about having to leave behind favourite games, whether that's slots, live casino tables, or anything else.
Crypto casinos often host major software developers like Pragmatic Play, Play'n Go, Evolution, and more which you'll at all the best online casinos for Canada including Zodiac and Instant Casino. However, there are also some extra games that are provably fair which you'll find at Cloudbet Canada, BC.Game, and Bitstarz.
Are there Mobile Apps for the Crypto Casinos in Canada
Yes, although not universally available at every casino or for every OS, apps are commonly available. Sites without them can be accessed by mobile devices using browsers.
Using Cryptocurrencies at Online Casinos In Canada
Canadian players with a penchant for digital currencies can easily make accounts, deposits, and withdrawals, but in order to do that you will need to have a crypto wallet you can use.
How To Deposit and Withdraw
After selecting a crypto casino and registering, login and go to the cashier/depositing page. Select your preferred coin, and copy the QR code/wallet address the casino provides.Then transfer the funds from your wallet. Withdrawing is very similar, providing your own wallet address to the casino where the funds will be sent. For both directions ensure the address is correct or funds will be lost.
Are There Deposit & Withdrawal Limits?
Individual withdrawal/deposit limits vary by casino, but generally crypto has very low minimum deposit/withdrawal limits. Upper limits can vary wildly, and may differ depending on verification having occurred, or not. At Bitstarz the withdrawal limit for Bitcoin is $50-$4000 whereas at Cloudbet the minimum withdrawal varies by currency, for example, it's 0.0001 BTC and there's no daily limit on withdrawals for fully verified players. Those who aren't verified can only withdraw up to $2,200 per day.
Is it Better to Use Canadian Dollars?
Using CAD does have some advantages, including no worries about currency volatility and clarity over the value of individual bets. On the other hand, crypto withdrawals tend to be way faster, so it will depend on whether you are looking for speed or wanting a set value on your currency.
Editor's Warning - Lack of Legal Recourse
Playing at a crypto site may seem appealing but, unlike Ontario and the AGCO, players will have no legal recourse if things go awry. This is especially concerning as transfers are irreversible. Likewise, if players make errors entering wallet addresses when withdrawing/depositing this will mean funds are lost.
Are Crypto Casinos in Canada Safe?
Yes, broadly speaking, but it's always wise to check the reputation of a casino before signing up. Crypto sites are no more or less risky than other casinos.
Most Popular Cryptocurrencies
Crypto is often spoken of as a single thing but there are a variety of different types available. Here are some of the most common at casinos.
- Bitcoin - The first and most widely available cryptocurrency.
- Litecoin - A fast form of currency often used for smaller transactions.
- Ethereum - Available at casinos and the primary system for NFTs.
- Dogecoin - A memecoin that is, nevertheless, among the most widely supported coins at casinos.
Are Crypto Casinos Legal in Ontario?
No, crypto is not considered legal currency by the AGCO and this means using it is illegal at Ontario licensed sites.
Always Play Responsibly
Gambling can become a problem, which is why responsible gambling tools exist and should be used. These enable players to set deposit/betting/time limits and to self-exclude. Canadian guidelines suggest gambling no more than 1% of pre-tax household income, betting no more than 4 days per month, and not regularly betting on more than two types of games.
