Crypto Casinos In Canada

To deposit funds in the best crypto casinos, you don't necessarily have to be an expert.

First of all, you will need to access your player account. Then, you will have to click on the tab reserved for financial transactions of the casino and choose the type of cryptocurrency you want to use.

The next step is to select the wallet that will ensure the transaction. Next, log in to your own currency wallet and select the transfer of funds to another crypto wallet. The choice of the transaction network is an important step. Several choices will be made for you: BEP2, ERC20, BEP20 and many more depending on the casinos. Each of these networks is displayed with the different commission amounts charged. This is quite convenient as you can easily choose the cheapest network.

After choosing the network that suits you, you will need to insert the casino wallet number as well as the amount of your transaction. Since the correspondence has been made and the verification of the data is correct, all you have to do is confirm the transaction.

It is important to keep in mind some specific data. You will only be able to transfer a cryptocurrency to a crypto wallet of the same nature. In other words, Bitcoin can only be transferred to a Bitcoin wallet, and this is the same for Ethereum, Litecoin and all other cryptocurrencies. Also, all these transactions are carried out on the Blockchain, which implies that it is simply impossible to intercept them.

There are several hundred cryptocurrencies in the world, each as effective as the other. Virtual casinos can allow an unlimited number of crypto currencies, but this is not really profitable. Indeed, in this case, casinos will have to spend a lot of additional funds to ensure their maintenance. This is the reason why virtual casinos in Canada focus on certain specific cryptocurrencies.

The Bitcoin. This is the most popular and expensive currency in the world. It is thanks to Bitcoin that cryptocurrencies have really taken off and millions of users have adopted them. Unfortunately, although they are the most widespread, Bitcoin casinos ensure the processing of transactions in more time than other similar casinos. It takes an average of 4 hours of time.

Ethereum is the second most widely used cryptocurrency in the world. It is found in many diverse processes, including in virtual casinos.

Dogecoin occupies the third place in this ranking. Its popularity is relatively recent, because this currency really took off in 2021, and it was propelled by world-famous users like Elon Musk, the richest man on the planet.

Litecoin is one of the first cryptocurrencies in terms of longevity. She was inspired by Bitcoin to develop her code. It is true that this motto is not as popular as the previous three, but it remains one of the most appreciated by the virtual casinos in Canada .

Bitcoin Cash made its appearance as a result of Bitcoin. It is not very popular, but it is still used by crypto casinos in Canada.

These cryptocurrencies do not enjoy the same notoriety, but they are based on the same high degree of security.

There are various procedures for buying a cryptocurrency in a crypto casino. It is a question of introducing you to the one that is most used by players. It is safe, fast, and offers users complete independence in the sale/purchase of currencies with the lowest commissions.

It's pretty simple, here's how to do it :

Create a crypto wallet. This is the very first step, without which no transactions will be possible in the casino. You will be able to register your crypto wallet on an exchange (Binance, Huobi and many others) or on a specialized website.

Prepare the purchase. Once you have created your wallet on an exchange platform, you will be able to exchange hundreds of cryptocurrencies at will. However, you will first have to replenish your classic (fiat) account using a bank card or an electronic wallet, for example.

Buy. This is the actual purchase. You will have to choose the currencies concerned by your transaction, and the corresponding currency. For example, you want to buy Ethereum for dollars: this concerns the EUR/ETH pair. By entering the desired amount in ETH, you will also see the required amount in EUR. When all the data suits you, all that remains is to click on the exchange button and the cryptocurrency will appear on your crypto wallet instantly.

As it has been said above, there are several methods to buy a cryptocurrency in a crypto casino. You can also opt for the P2P service, which is also very convenient.

Crypto casinos have many advantages, which justifies their growing popularity. It must be said that this is closely related to their nature. Here is an overview of their main advantages.

Decentralization. Virtual casinos are increasingly subject to regulations and taxes from governments. Cryptocurrencies have no connection with any government or any possible bank. Users therefore have full control over their funds. The latter can neither be blocked nor frozen.

Anonymity. Cryptocurrencies are pseudonymous currencies. The amount and nature of the transaction are visible to everyone, but the identity of the users are not. In addition, no cryptographic transactions will be recorded on a bank card. This is an advantage that is highly appreciated by players.

Securitý. The blockchain has the reputation of being inviolable and of offering an ultra secure framework to all users. This is a valuable asset when it involves financial transactions on the Web.

Reduced fees. Virtual casinos are obliged to pay (fairly high) fees to the providers of payment methods for players' deposits and withdrawals. Transaction fees are relatively low with the blockchain.

Crypto casinos are therefore advantageous in many ways, but they nevertheless have some disadvantages that should be known before making the decision to commit.

The fluctuation of prices. It is normal to start with this element as it is the biggest disadvantage of cryptocurrencies. The latter vary enormously, and the difference is usually quite significant. The value of Bitcoin, for example, fell from $63,000 to $42,000 in the space of a month. This is a data that is inseparable from the nature of cryptocurrencies, so it must always be taken into account.

The absence of regulation. In the majority of countries, cryptocurrencies evolve within a framework that is not framed by precise regulations. In some cases, there is simply no regulation, and this can give free rein to any kind of financial drift. For example, it is not excluded that taxes will be introduced unilaterally.

Limited use. Unfortunately, cryptocurrencies are almost never used for the purchase of goods or services. However, this does not constitute a brake insofar as users settle their transactions only for fun entertainment.

The main goal of virtual casinos is to satisfy their customers. This requires the provision of a large number of payment methods in order to satisfy all types of players. In addition to cryptocurrencies (Bitcoin, Ethereum, Litecoin and many others), you will be able to use a number of popular methods. These payment methods have a reputation for being secure, easy to use and quite fast.

Most casinos offer credit/debit cards, e-wallets and prepaid tickets. They work in online casinos for both deposits and withdrawals.

Visa

The Visa card is one, if not the most famous credit card in the world. Due to its simplicity and practicality, this card is used by almost all online gaming platforms in the world. It is offered for both deposits and withdrawals.

All online casinos that offer Visa credit / debit cards to their players, offer them fast and secure payments, without the need to request a third-party service. It is the best alternative to cryptocurrencies in online casinos, hence its first place in this ranking.

Paypal

Paypal is an online payment method regularly used to make online payments. Paypal is the most famous e-wallet on the Web. It has hundreds of millions of users around the world, and works in several countries. It is also popular thanks to certain specificities that are unique to it.

One of the most popular aspects of Paypal comes from the fact that the financial and personal data of the players are never revealed. They will only need a bank account and an email address. Paypal is accessible in virtual casinos on both computer and smartphone.

Payasafecard

Paysafecard or Paysafe, is a prepaid ticket very popular on the Web in general, and in virtual casinos in particular. Their use does not imply the intervention of any intermediary. In addition, you will not need to disclose your card number. It is convenient and fast, hence its presence as a payment method in online casinos.

To use it, all you have to do is pay (physically or online) for a prepaid ticket. Once on the casino's website, you will need to enter the code contained on the ticket. After entering the transaction amount, you will only have to confirm the transaction.

The crypto casinos are powered by leading providers, those who enjoy a very high reputation on an international scale. They create hundreds of high-quality games, which largely contributes to the success of virtual casinos. As it was said above, crypto casinos work like classic virtual casinos, so they have the same providers of which here are the best known.

Realtime Gaming

Realtime Gaming is more commonly known as RTG. He has been present in the world of iGaming for two decades. Over the years, it has acquired a solid experience to offer games with almost non-existent loading times, beautiful animations and ingenious graphics.

Microgaming

Microgaming is a provider that is no longer presented. It is one of the pioneers of gambling offered in online casinos. This publisher has built its reputation on its many innovative solutions and the exceptional quality of its slot machines.

Playtech

Playtech has bet on research and development, and it has succeeded very well. The casino games produced by this publisher are at the cutting edge of technology. Thanks to this, they meet the vast majority of players' needs in terms of animation, design and functionality.

Betsoft

Betsoft is a publisher whose reputation and know-how are no longer to be proven. He distinguished himself with the first 3D slots and games based on virtual reality. The themes used are current, and no detail is left to chance.

Casinos use bonuses to attract players and push them to log in and register on their sites. Bonuses are rewards that enhance the players' experience. Crypto casinos are full of various bonuses, each as attractive as the other. Check them out below.

Welcome Bonus

The welcome bonus or registration bonus is the very first that a player receives when he takes his first steps on a crypto casino. This is an offer that is offered by all serious casinos, and it is up to the players to claim it. It is offered right after the account is created.

Generally, it is in the form of a percentage of the first cryptocurrency deposit made by the player. It is very often capped at a value indicated by the operator, above which the bonus is no longer valid. An example: a 100% welcome bonus up to 3 BTC.

Free Spins

Free spins, also called free spins, are the second most requested bonus by players. The latter benefit from a certain number of (free) spins defined in advance by the casino. Also, these spins are valid only on specific slots, which are specified by the operator. It should be borne in mind that the money won via this method can only be recovered after fulfilling the wagering requirements.

You can get them by registering at a crypto casino, making a deposit with a specific crypto currency, through a special promotion or by joining the casino's VIP program.

Vip Program

Crypto casinos, like all others, reward players who make high bets. This also applies to the most regular players. In short, the more an enthusiast plays, the closer he will get to the VIP program.

According to the operators, several methods make it possible to join this VIP program: automatic integration after reaching a specific number of loyalty points, or receiving an invitation. VIP status entitles you to several advantages: free spins, additional bonuses, personalized customer advice, cash back, invitations to participate in tournaments or live events or various gifts in kind.