Canadian crypto environment is now facing significant challenges. Although digital currencies are not recognized as legal tender here, they can still be used to pay for services. Thus, with crypto you can make deposits at Bitcoin casinos, which are becoming more and more popular with Canadians.
Below we share our top Bitcoin casino list. Some platforms offer new players an enticing welcome bonus!
over 4,000 games by 60 providers
localized to many languages
3,000+ unique games
Good-looking platform
Fast withdrawal times, usually instantly.
No withdrawal minimums or limits.
Regular Promotions
Live Dealer Bliss
Live Dealer Excitement
VIP Perks Program
Eclectic Game Library
Themed Extravaganzas
Crypto Status in Canada
Virtual currencies are still not recognized as legal tender in Canada, even though using cryptos is permitted. On the other side, cryptocurrency is considered a commodity under Canadian law, particularly income tax legislation. This implies that using Bitcoin and other digital assets to pay for products and services is a barter. But you can freely use it to make payments at Bitcoin casinos.
Is Cryptocurrency Taxable in Canada?
According to the Canada Revenue Agency (CRA), cryptocurrency is taxable. You must pay income tax on any gains made through the sale of crypto as well as any additional income derived from crypto, such as from staking or being paid in crypto. Consider this while playing at any Bitcoin casino.
Canada’s New Crypto Regulations
Crypto Canada Statistics
The crypto asset market has been expanding quickly in recent years and has integrated slightly more into the conventional financial system, as was stated in the Bank of Canada’s Financial System Review. Bitcoin debuting in January 2009, is the most popular crypto asset among Canadians and is actively used on local Bitcoin casino sites.
ℹ The popularity of Bitcoin in Canada is considerable, confirmed by a huge number of Bitcoin ATMs. With more than 2600 ATMs, Canada actually comes in second place globally in this regard, just behind the US.
ℹ According to research by the Bank of Canada, 58% of Canadians currently own Bitcoin for investment purposes.According to research by the Bank of Canada, 58% of Canadians currently own Bitcoin for investment purposes.
ℹ Canada’s most crypto-friendly city is Vancouver. Here more than 100 businesses accept digital currencies. With 72 companies that take crypto, Toronto comes in second. Edmonton ranks third with 23 crypto-friendly companies, followed by Ottawa with 32.
ℹ Canada saw a significant rise in the number of people owning Bitcoin. The share of Canadians holding this crypto asset increased to 13%.
ℹ In 2018, KFC Canada briefly accepted bitcoin in exchange for a bucket of chicken with a cryptocurrency theme.
ℹ Geographically speaking, British Columbia has the greatest, and Quebec has the lowest levels of Bitcoin awareness.
ℹ Canadians between the ages of 18 and 36 are considerably more inclined (39%) than older generations to support the usage of cryptos.
3 Best Bitcoin Casinos in Canada: Our Choice
These crypto casino sites impressed us the most.
#1 – BitStarz: Best Bitcoin Casino Experience Overall
Valid Welcome Deal: 100% up to 1 BTC + Bonus Spins 20 Instant & 160 Spins per 20 Days
Among Bitcoin casinos, BitStarz is, without a doubt, the most well-known. The Curacao government oversees and certifies the casino’s verified fairness. It provides more than 3,000 high-quality games, but no sportsbook option is available (where you can bet on popular sporting events).
BitStarz is also not limited to digital currencies. It also accepts a variety of currencies. The Bitcoin casino is widely accessible to customers globally, including those who do not hold BTC, as deposits may be made using Mastercard, Skrill, Neteller, Bitcoin, Litecoin, Bitcoin Cash, Ethereum, Dogecoin, and several other methods.
What we like
- Withdrawal time within 0-1 hours
- Mobile-friendly gaming platform
- Live chat is available around-the-clock
What we don’t like
- Extensive restricted countries list
#2 – Stake: Wide Choice of Games and Bonus Offers
Valid Deal: $100,000 Daily Race
Stake provides a wide selection of games, customer support via live chat around-the-clock, and privacy. The Curaçao e-Gaming authority, a branch of the Curaçao government, oversees the crypto casino and has determined that it is a provably fair platform. Players from the US, Australia, Curaçao, and the Czech Republic cannot access the Bitcoin casino.
Deposits can be made in BTC, ETH, LTC, BCH, XRP, TRX, EOS, and Doge. Stake also provides its users with a faucet, a starting balance, and free cash via email. In addition to offering weekly prize pools and daily challenges, the Bitcoin casino operator offers rewards for your loyalty. The crypto casino offers a huge variety of games with a very low house edge (about 1%, depending on the game).
What we like:
- Offers more than 130 different cryptos for users
- Sports betting possibilities are fantastic and with reasonable odds
- Play more than 2000 Bitcoin casino games, including Crash Games and Stake Originals
What we don’t like
- Does not offer anonymity since there are strict AML and KYC procedures in place
#3 – Metaspins: One-click Registration to Play 2,500+ BTC Games
Valid Welcome Deal: 100% up to 1 BTC
Looking for the best slots-only Bitcoin casino in Canada? In this context, Metaspins is a perfect choice. It provides various slots, including those with bonus rounds, progressive jackpots, Megaways paylines, and traditional slots. The best part is that slot games may be accessible on most device types using a desktop or mobile browser.
While slots are Metaspins’ primary offering, this crypto casino also provides live dealer games for blackjack, roulette, and other table games. Additionally, first-person table games are available, including craps. Although this Bitcoin casino does not have a sportsbook, it does have a large assortment of games that are proven to be fair.
What we like
- More than 2,500 crypto casino games are supported
- Features slot, table, and provably fair games
- It is quite easy to create a new account
- Ongoing deals for users
- Real dealer games are available
- Experience that is intuitive and user-friendly
- Web browser optimized for playing on most mobile devices
What we don’t like
- No mobile application
Reasons to Try Playing at Bitcoin Casinos
Bitcoin has a number of advantages when it comes to using coins in online gambling.
 | It is decentralized. Due to the blockchain’s complete lack of a central regulating body, no one can steal your Bitcoins or freeze your “crypto account.” Your transactions and funds are under your full control and ownership when you gamble at any Bitcoin casino. |
 | It is secure. You cannot lose control of your payment details. Since no personal information is needed to complete a Bitcoin transaction, you are protected against identity theft. |
 | It is private. Nobody can identify you because your Bitcoin wallet is not linked to any personal data. On the other hand, all transactions are transparent. Anyone may access a public ledger to learn about addresses and account balances. |
 | It is fast. Whether it is an overseas transfer or a local pizza order, it makes no difference where you send your coins. Bitcoin casino deposits are processed quickly, thanks to crypto-processing capabilities. |
 | It has low transaction fees. Nobody will charge you anything in a decentralized network since there are no intermediaries. However, due to the way the technology is set up, there can be fees for quicker transaction processing or the conversion of BTC into fiat money. |
 | It is not subject to inflation. Furthermore, because the total amount of Bitcoins ever issued is capped at 21 million, and the volume growth is predictable, they cannot be produced just like fiat currency and dumped into the system at random. |
Bitcoin Casino Drawbacks
Despite a range of obvious inherent advantages, Bitcoin casinos have some disadvantages, many of which are believed to be temporary.
It is volatile. Because there are only a finite number of BTC in existence and there is a growing demand for them, their price fluctuates daily. The crypto’s price has repeatedly reached record levels but then stabilized. Still, storing a major portion of your funds in Bitcoin is not advised.
It is a work in progress. Despite being around for a while, the crypto network is constantly evolving. Bitcoin usage increases, making it more widely available and its features more efficient. The Bitcoin network faces technical challenges since it was not designed to handle the present volume of transactions, including at crypto casino sites.
It is not a common payment method. According to SOFTSWISS data, Bitcoin has a market penetration rate of 78.5% in the iGaming industry, but it is not always an option for payments. Despite this, the use of crypto is expanding globally, notably among Bitcoin casino brands.
It is untraceable. Although many crypto casino players consider Bitcoin’s anonymity as a benefit, it is frequently connected to criminal activities since it makes it simpler to get away with fraud.
Finding the Best Crypto Casino in Canada: Our Checklist
It is also critical to understand why we chose the Bitcoin casinos listed above. That is why we discuss the key features and metrics that we look for while rating the best crypto casinos online in this section.
Secure Deposits
The top Bitcoin casinos Canada provide a risk-free and secure deposit method. Deposits are made via an external wallet rather than having to enter payment info. Players can fund their Bitcoin casino accounts in this way without having to disclose private financial details. In contrast, traditional operators accepting fiat demand gamblers to enter their debit or credit card information.
Fast Payouts
It should go without saying that the top crypto casino sites respond fast to withdrawal requests. Instant payouts are a feature offered by several of the providers listed above as well. The amount of money should be available in the player’s private wallet in less than a few hours, depending on the type of crypto asset being cashed out. This contrasts with fiat casinos, where it frequently takes several business days to simply complete the request.
Bonus Deals and Ongoing Promos
The top Canadian crypto casinos welcome new users with bonuses. This could be a 100% or higher match offer on deposits. For example, the first four deposits made at BC.Game are matched, bringing the welcome package’s overall value up to 360% of the total payment. Most Bitcoin casinos also provide extra spins in addition to matched deposit deals. Players should also take some time to determine whether the crypto casino gives regular players daily and weekly bonuses.
Low Payment Fees
When processing payout requests, some BTC casinos charge a fee. Avoid going to these casinos. The most reputable Bitcoin casino sites simply pass on the relevant blockchain network charge. This guarantees that the gambler will not face any financial consequences for withdrawing any amount they choose.
Betting and Transaction Limits
Top crypto casinos allow players to start out with very little bankroll. For instance, the minimum deposit amount at BC.Game is a mere C$10, or its cryptocurrency equivalent. The lowest deposit at Cloudbet is only 0.001 BTC. Additionally, players should examine available betting restrictions. This is particularly true for gamblers who frequently place greater bets at the Bitcoin casino.
Crypto Games and Betting Markets at Best Crypto Casinos
We favour Canadian Bitcoin casinos that provide a diverse range of online games all under one roof. Their collection can include:
 Table Games |  Slots |  Live Dealer Games |
 Jackpots |  Sports Betting |  Live and Video Poker |
Provably fair games are available at many Canadian crypto casinos. This means that each gaming outcome is decided by a smart contract that runs on the blockchain, as we briefly mentioned earlier. Complete openness and transparency are thus guaranteed to players.
Where to Buy Bitcoin for Gambling in Canada
When buying virtual currency such as Bitcoin, we recommend using an exchange. These online marketplaces let you buy, sell, and trade cryptocurrencies. You can buy BTC at any of the reputable crypto exchanges available to Canadians listed below:
 Coinsmart |  Wealthsimple Crypto |  Newton |  Binance |
 Coinberry |  NDAX |  Bitbuy |  Crypto.com |
How to Buy BTC Coins on Exchange
To make things clear, we have gone through the process of buying Bitcoins from start to finish. We use the Bitbuy exchange as an example.
- Join a Canadian cryptocurrency exchange (we use Bitbuy platform) and go through KYC (Know-Your-Customer) process.
- Directly transfer CAD from your bank account to the exchange using Interac or Wire transfer.
- Buy BTC in the amount you want. For beginners, we recommend using the Express Trade function. This is a quick and easy way to get coins.
- Transfer Bitcoin to your crypto wallet or keep it on your exchange account.
How to Buy Bitcoin using ATMs
In Canada, you may quickly purchase BTC with cash at any of the special Bitcoin ATMs. To get crypto, you must first install a wallet app on your phone. To buy crypto from one of the kiosks, simply follow these steps:
- Choose Buy Bitcoins at the ATM and enter the desired amount.
- Depending on the transaction size, you may be required to input your phone number and/or scan your driver’s license.
- Open your crypto wallet app, then select either Request or Receive so that a QR code is displayed on your phone’s screen. Next, hold your phone so the scanner can read the QR code from your device’s screen.
- When the device recognizes a valid Bitcoin address from your smartphone, it will show it to you again so you can verify that it is accurate and that you are the wallet owner.
Bitcoin transactions are instantaneous and irrevocable. Thus, before sending BTC to any address, you need to confirm that you are their owner. You cannot send money to addresses you do not personally control using any Bitcoin ATMs in Canada.
- The machine will ask you to start inserting money into it once you have verified that you are the wallet owner. The machine usually accepts $5, $10, $20, $50, and $100 bills.
- After you click finish, you will get a receipt.
Where to Store Your Coins
You can download a wallet to your phone or computer and use it to store cryptos. Both a hardware wallet and a paper wallet are great options. Your private and public keys are stored in a wallet, which functions like a conventional wallet or bank account and can be used to play at any Bitcoin casino.
If someone is sending you BTC, they will need your public key, which is a series of alphanumeric characters. You should take special care to protect your private key because it is what provides you access to your funds. All your money may be lost if your private key is stolen.
There are two basic types of crypto wallets:
Hot (Exodus Wallet)
Cold (Ledger Nano X)
Alternatives for Wagering at BTC Casinos
The best Bitcoin casinos Canada accept payments in a variety of options. Some of the most well-known in the sector are listed below:
Ethereum
The second-most popular cryptocurrency on the market, Ethereum (ETH), is also accepted at almost all crypto casinos we have examined, just like BTC. According to our review, Cloudbet and Wild Casino are the top Ethereum casinos.
Litecoin
Litecoin was designed to be a less expensive and faster payment alternative to BTC. LTC is accepted by most online crypto casinos in Canada, despite not being as popular as its main rival. Find out the top list of Litecoin casinos in our overview.
Cardano
Lucky Block Casino accepts super-fast and energy-efficient ADA as a payment method. What to find more Cardano casinos? Check out our picks.
Experts Tips on Staying Anonymous at Bitcoin Casinos
In today’s digital environment, anonymity has become a valuable resource. Using crypto is one of the best methods for maintaining complete online anonymity and keeping your banking activities private. Here are some strategies from our experts for keeping your privacy while playing at Bitcoin casino:
| #1 | Never provide any private information to your Bitcoin wallet. This prevents transactions from being linked to your name and personal information. |
| #2 | Keep your funds in BTC. Then, they can be traced by converting them into CAD or other accepted currencies. |
| #3 | Generate a unique wallet address for each transaction at a Bitcoin casino. 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. |
| #4 | If you want to keep your information and funds safe, only play at reputable Bitcoin casino sites that come highly rated. |
Frequently Asked Questions
Can you gamble with Bitcoin in Canada?
Yes, if you are of legal age and play on licensed platforms. Even though cryptocurrencies are not legal tender, Canada has long welcomed the blockchain industry, and as an asset class, you can buy, store and use crypto to pay for different services, including online gambling.
What are Bitcoin casinos?
Cryptocurrency casinos function similarly to traditional gambling platforms in that they allow wagering on table games, slots, poker, sports betting, and other activities. But the top Bitcoin casino Canada sites provide a variety of unique features that fiat operators cannot offer, like anonymous accounts, huge welcome bonuses, fast payouts, competitive odds, and more.
Is Bitcoin gambling legal in Canada?
In Canada, cryptocurrencies are not recognized as legal money. All virtual currencies fall under the category of commodities. Thus, you can exchange them for other products and cash because Bitcoin transactions are not prohibited by law. As a result, locals are increasingly interested in crypto casinos. Due to this, many Bitcoin casinos worldwide now accept Canadian players.
What is the best Bitcoin casino?
All listed above sites are reputable service providers that offer thousands of games, great bonuses, quick deposits, and anonymous, quick-loading accounts.
Are Bitcoin casinos safe?
Bitcoin has grown in popularity recently since it is an extremely secure financial solution. To access your assets in most Bitcoin wallets, a scammer would need both your wallet’s login details and the physical hardware on which your private keys are stored. That second component makes it far more challenging to hack a Bitcoin wallet. We also recommend checking the platforms for a gambling license.
How do I withdraw money from a crypto casino?
The top Canadian Bitcoin casino platforms allow for immediate payouts. Players only need to enter the destination wallet address and the quantity of BTC they wish to withdraw. Then, it should take 10 to 20 minutes for the Bitcoin to show up in the designated wallet.
Where can I cash Bitcoin?
Many methods are available to you in Canada if you wish to cash out your BTC. The easiest and most practical approach is usually to sell your Bitcoin on an exchange. But you can also withdraw your coins using a peer-to-peer exchange or a Bitcoin ATM. Each of these choices has its own advantages, disadvantages, and hazards. So, make sure you fully investigate your alternatives before cashing out your cryptocurrency to make sure you know what you’re getting into.