THE BEST CRYPTO CASINO ONLINE VENUES FOR CANADIAN PLAYERS IN 2022

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Today many Canadian punters start looking for a decent place to begin their crypto gaming adventures. Any cryptocurrency casino is in big fashion now and it is no surprise that Canadian players would like to follow this global trend, looking for a top crypto casino.  It is now time to know more about the best casino crypto options available in the iGambling industry as of 2022. What are crypto casinos? Naturally, these are online gambling venues that accept bitcoin and other cryptocurrencies, not less than three options. Bitcoin casinos, as the most widespread type of crypto casino site, because Bitcoin is the #1 cryptocurrency, are very popular now among international online players, Canadians included.
During this cryptocurrency casino study, you will get the crypto gaming basics. First of all, you will learn how to distinguish good online crypto casinos from unreliable ones. We will also explain the advantages ofbitcoin casinos, such as promotional offers, customer support options, deposit and withdrawal methods, how to convert casino crypto coins to fiat currency, and, finally, licensing and security issues.  We will begin with…

HIGHLIGHTING CRYPTO CASINO ADVANTAGES

It is no secret that online casinos have to deal with heavy regulation; sometimes transactions may even become a burden in terms of withdrawal time or limits. Thanks to cryptocurrency, there’s a good chance to simplify things without compromising on secure gaming.What are crypto casino gambling basics? This digital money, such as Bitcoin, Ethereum, or Litecoin, provides a great alternative to wire payments on online casino sites because lots of usual restrictions that come with what is called fiat currency processing are just non-existent. Fiat currency is ‘regular’ money, just any currency, issued by national governments, such as British pounds, Euro, Yen, American or Canadian dollars, etc. On the contrary, cryptocurrency, fundamentally, is digital money. Cryptocurrency can be exchanged for fiat currency at certain rates; it is not issued by any government. By the way, you can also go for online sports betting when it comes to crypto bookies. Now, let’s look for the benefits that crypto casinos offer.

DECENTRALIZATION

One of the crypto casinos’ biggest advantages is that it is decentralized financially. There’s no connection with any national government. No government or state body can freeze your casino account or your bank account. Moreover, when crypto players transfer their cryptocurrency winnings to their e-wallets, no one could monitor such transactions.

VERIFICATION

Transparency is another important cryptocurrency benefit. According to the law, your transactions are transparent, or trackable, to some sensible point. This lets you prove your transaction, and verify that your withdrawal has been wired by the crypto casino.

LOW TRANSACTION EXPENSES

When an online casino player either deposits or withdraws money, some e-commerce company earns its fee. Blockchain transaction fees are considerably lower than any regular payment method offers; this is, simply put, how you keep more money in your pocket.

CRYPTO AS WORLD CURRENCY

Digital money is truly a worldwide currency, not dependent on any government control. Bitcoin, Litecoin, or Ethereum are the money that no national or international body could limit in any way. You can gamble at a crypto casino without paying special attention to various national currencies issues.

ANONYMITY

Bitcoin or other cryptocurrency is pseudonymous: your data remains safe while you’re making a transaction. Of course, your money transfer is still trackable, but this relates only to the amount of the transaction. Some crypto casinos offer 100 percent anonymous accounts; in this case, no personal info is disclosed. This is different compared to the traditional banking system tools, like acredit card or bank account.

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TOP CRYPTO CASINOS

Before you start playing using cryptocurrency, let’s ask a question: does your casino offer cryptocurrency as a payment option, or not? It is surely a crypto online gambling venue if it offers at least three, or more options of digital money. Apart from the choice of cryptocurrency, let’s check out the major criteria for a top crypto casino:

Now it is time to check out top crypto casinos with great reputations. If you’re wondering what would be your best casino crypto options out of this list, just check out the banking methods when it comes to Bitcoin and other digital money.
Let’s look at some best examples in the iGambling industry: we rely not even on a Top 10 crypto casino approach, but on a Top 5 approach.

BITSTARZ

BitStarz was founded back in 2014 and immediately stormed into the world of crypto gaming. Itssite offers various banking methods to choose from; customers can deposit or withdraw money using both crypto and fiat currencies. There’s a fantastic game library, including its live casino games section, plus a user-friendly interface. Finally, Bitstarz offers a brilliant customer support team. This online crypto casino enjoys, in general, very positive customer reviews.

FORTUNEJACK

FortuneJack is one of the favorites among international crypto players. This gambling venue was also launched in 2014. Again, like with the case of Bistartz, this online crypto venue enjoys a tremendous choice of casino games. Among other advantages are user-friendly navigation, great promotional offers, and the whole vibe of digital innovations.

BITCASINO

BitCasino makes up any top-level crypto casino list. This is a choice for those who look for cool web design. Bitcasino’s strongest advantage is its perfect VIP program with lots of attractions. On the other hand, its lack of welcome offers doesn’t look like a benefit.

7BIT

7Bit is yet another great title for crypto players. 72Bit’s selection of games is quite impressive, the welcome bonuses model is well-designed, and its customer record is perfect. MBIT CASINOThis venue, according to industry experts, is the only crypto casino that offers a 110 percent bonus on the first deposit. Another advantage is that this casino was specially founded focusing on Bitcoin as one of the major payment options.

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HOW DO WE RATE CRYPTO CASINOS?

Here are the key parameters that most iGambling experts believe are basic elements when it comes to rating crypto casinos:

Now, let’s just go through point by point.

SECURITY, LICENSING, AND PROVABLY FAIRNESS

Any crypto casino is considered to be safer than classic online venues. However, it doesn’t mean that any crypto casino must be safe. This is why the first thing any Canadian player should look at is the availability of gambling licenses and proper technological security measures.

SECURITY

Licenses for online gambling are granted by respected authorities, such as theUnited KingdomGaming Commission, the Malta Gaming Authority, or the Curacao Gambling Authority. There are national regulators in this field, too. Having such a license is a must for a legal crypto casino.

This is a guarantee that online crypto casinos enjoy high standards, such as generous promotional programs, a proper payment system, plus definite technical requirements, like SSL 128-bit encryption for best personal data protection, and two-step verification.

PROVABLE FAIRNESS

Provable fairness is an algorithm meant to prove the fairness of gaming. With cryptocurrency and blockchain being cutting-edge technologies for online gambling, the availability of provable fairness is a signature of a reliable crypto casino.  With the provably fair technology intact, a cryptocurrency casino confirms the fairness of a game in real-time.  If your casino meets this important iGambling standard, you receive a hashed seed number. Thus, you would have the ability to add your seed. Once the bet has been made, you get the seed that was used in the bet. So, in case the hash wasn’t touched anyhow, the gamble can be considered to be fair. The provably fair option verifies that a game’s outcome is random and not influenced, this is a technologically reliable way to ensure trustworthy and secure crypto gambling.

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BONUSES & PROMOTIONS 

What could be a better attraction for any casino player than its promo offers? Crypto players rightly expect decent welcome bonuses and other promo offers from their favorite venues. Crypto casinos may offer more exciting promotions compared to regular online establishments. Let’s check out the classification of bonuses and promotions, usually offered by crypto casinos.

DEPOSIT BONUSES

Various deposit bonuses, such as the first deposit bonus, the second deposit bonus, etc, are a match percentage bonuses, their value based on the deposit amount. This could be a 100 percent bonus up to CAD 200, or a 50 percent bonus up to CAD 100, or else. The first deposit bonus is also called a signup bonus, a welcome bonus, or a welcome offer. If there’s a 2series of deposit bonuses for new clients, it is known as a welcome package. Once a new customer deposits a necessary minimum, he or she becomes eligible for such a bonus.  Please study welcome packages at the crypto casinos: there can be some very interesting offers. Just look for any Bitcoin casino, especially if it is a new crypto casino.
There could be a lot of opportunities, as new casinos strive to attract customers with seductive welcome offers.

NO DEPOSIT BONUSES

This type of bonus is quite a rare occasion. Players don’t have to deposit any money to be eligible for it. The only condition would be opening an account. These bonuses are very popular among crypto players as there’s no risk of losing money while gambling.

FREE SPINS

Free spins could be a part of the welcome package or be an exclusive separate offer at a casino. Free spins motivate players to make first deposits by increasing their chances to win.

NO-WAGERING BONUSES

Its bonus’s name speaks for itself: you don’t need to wager it to be eligible. You can claim it, use it and, finally, withdraw it with no wagering requirements. Such an offer is often a good attraction for crypto players.

RELOAD BONUSES

Plenty of cryptocurrency casinos offer this type of promo offer. You can use such a deposit more than once, by ‘reloading’ it. Once again, this type of bonus is very popular in the world of crypto gambling.

CONVERTING CRYPTOCURRENCY TO FIAT CURRENCY

Crypto players can use any available cryptocurrency, like Bitcoin, Ethereum, and Litecoin for converting it to fiat currency. Plus, there are always some new emerging cryptocurrencies in the market, just keep monitoring the landscape.
Please follow the simple step-by-step instructions to make sure everything is fine. Keep in mind that most so-called hybrid casinos (combining both fiat and cryptocurrencies) offer well-known ways to convert our crypto winnings to e-wallets, bank transfers, or credit cards. Just choose your preferred payment method, the desired fiat currency (like, CAN), and cash out your crypto winnings!

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F.A.Q.

Are crypto casinos legal in Canada?

Sure. Just make sure the online venue that you plan to gamble at, has international and local licenses and permissions.

How can I get a bonus in a crypto casino?

The same way you get it the usual way when using fiat currency, by making a minimum deposit to be eligible for it.

What are crypto casinos?

Crypto casinos are online gambling establishments that offer to their clients no less than three cryptocurrencies to choose from for playing.

How to withdraw money from a crypto casino to my wallet?

First, make sure your e-wallet is among the available payment methods at the crypto casino. Please follow the instructions to properly withdraw your winnings. The last thing would be to enter the amount you are going to withdraw.

How to deposit from my wallet to a crypto casino?

Check your e-wallet availability in the crypto casino’s list of banking methods. If it is available, select a cryptocurrency, enter the amount you want to deposit and launch the process.