How do I find an online casino that accepts cryptocurrency?

<p style="font-weight: 400;">The best way is to search for the top online casinos, and then check their payment options to see if they accept your preferred cryptocurrency.</p>

What if a crypto casino doesn’t use my favorite cryptocurrency?

While it can be a pain if a crypto casino doesn’t have the option to accept your preferred cryptocurrency, you can always exchange it on the market to a different cryptocurrency they do accept.

What happens if my preferred cryptocurrency suddenly loses value?

Most crypto casinos still use fiat currencies as a base for the costs of their games. Once you make a deposit, that money is locked in, so even if your cryptocurrency’s value plummets, that won’t affect what’s already in your account. However, you will have to spend more if you decide to make a deposit after the drop in value.

Do traditional casinos accept cryptocurrencies?

At this time, traditional casinos are legally barred from accepting cryptocurrencies as a valid form of payment. While that might change in the future, the only way you can gamble using them is at online crypto casinos.

Can I withdraw money from my casino account in another currency if I made a deposit with cryptocurrency?

Some crypto casinos will actually allow you to withdraw your money as another form of currency even if you deposited it as cryptocurrency. This can be a good way to exchange your currency without having to go through other channels.

Crypto Casinos in Canada

Author: Alan Jones | Updated: July 18, 2024 | Ad Disclosure

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Casino Canuck functions as an autonomous online casino comparison platform equipped with affiliate links. This implies that we have the potential to earn compensation if you decide to take advantage of any of the offers listed on our site. Our team is wholly committed to identifying the most exceptional bonuses and casinos, ensuring a secure gaming experience for you. Before featuring any bonus on our website, we meticulously assess and review each one.

Canada has some of the best crypto casinos in the world. If you are a fan of cryptocurrencies, you’re in luck—you can now use your favorite cryptocurrency like Bitcoin to play games at online casinos. Here’s a brief overview of everything you need to know about crypto casinos.

Best Crypto Casino Sites in Canada

Rank	Casino	Bonus	Visit	Info
1	TonyBet Casino	$2500+ 150 Free Spins	Visit Casino	Established in 2009, TonyBet make it with unique colorful style and one of the best user experience at the casino industry
18+ T&C Apply. Play Responsibly. Full Terms Apply. This offer is not available for players residing in Ontario.
2	20Bet Casino	$180+ 120 Free Spins	Visit Casino	A sportsbook and casino combo, catering to both sports and casino gaming fans.
18+ T&C Apply. Play Responsibly. Full Terms Apply. This offer is not available for players residing in Ontario.
3	HellSpin Casino	$5200+ 150 Free Spins	Visit Casino	HellSpin Casino offers the best user interface for new players and a wide range of casino games, over 3,000!
18+ T&C Apply. Play Responsibly. Full Terms Apply. This offer is not available for players residing in Ontario.
4	Casino Days	$2000+ 100 Free Spins	Visit Casino	Casino Days has an amazing offer consist of 100 Free Spins especially for the Sweet Bonanza Slot game fans!
18+ T&C Apply. Play Responsibly. Full Terms Apply. This offer is not available for players residing in Ontario.
5	Lucky Spins Casino	$1000+ 250 Free Spins	Visit Casino	Lucky Spins Casino offers a unique twist on traditional casino games with its luck-themed approach.
18+ T&C Apply. Play Responsibly. Full Terms Apply. This offer is not available for players residing in Ontario.

Crypto-casinos-in-canada — Our list of the best Crypto Casinos are safe for Canadian players.

What are Crypto Casinos?

Crypto casinos aren’t too different from other online casinos. They have the same types of slot games, table games, and live dealer games that traditional online casinos offer. The only difference is that instead of standard currencies, crypto casinos only accept digital currencies for payments. You fund your account with cryptocurrencies, making deposits and withdrawals using things like Bitcoin or Ethereum. Crypto casinos are quickly becoming popular with many online gamblers due to the ease of transferring cryptocurrencies between your crypto wallet and casino accounts.

There are still many people who look down on cryptocurrencies, despite their proven track record as a reliable form of currency. Fiat money and traditional currencies fluctuate in value, just like cryptocurrencies, so that isn’t a great argument against using them. They can also be exchanged with a wide variety of currencies, making cryptocurrencies an easy way to move money and change currency types when making international purchases. All these reasons make it a great option as the preferred currency when gambling online at crypto casinos.

Most Popular Cryptocurrencies Available at Online Casinos

There are more than 23,000 different cryptocurrencies currently on the market. With so many choices, it can seem daunting to find the best options. Luckily, we’ve done plenty of research into the most popular and stable cryptocurrencies around. After carefully considering all the options and weighing the pros and cons for each individual cryptocurrency, we’ve narrowed the choices down to the best of the best. Here’s a list of the top 8 cryptocurrencies available at online casinos:

1. Bitcoin

Bitcoin was the first big cryptocurrency to hit the markets, and it continues to be among the best available. While it’s prone to the occasional big jumps or dips in value, it has been steadily rising over the past year. Bitcoin has a very secure system for peer-to-peer transfers, which makes them a top choice when it comes to cryptocurrency transactions. All transactions are verified by using cryptography, and they are recorded in a ledger that is publicly available to view known as the blockchain. This helps to cut down on fraud, since every time someone makes a transaction with Bitcoin, it remains etched in the blockchain permanently. If you want to use cryptocurrency at a crypto casino, Bitcoin is always a great pick.

2. Ethereum

Ethereum sits securely in its position as the number two cryptocurrency. While it is still trailing behind Bitcoin, it has started to make gains as the price keeps rising. Their cryptocurrency is known as Ether, and you can also create smart contracts known as decentralized applications, or DApps. They use a decentralized, open source blockchain to record transactions of their cryptocurrency and DApps. You will find many casino sites that accept Ethereum as a valid payment method, allowing you to fund your account and start playing games.

3. Litecoin

Litecoin was launched in 2011 by a former employee of Google. It’s based on Bitcoin’s original source code, so it shares many similarities with Bitcoin. The purpose of Litecoin was to create a cheaper cryptocurrency that could be used for everyday purchases, so it maintains a relatively stable value and isn’t as volatile as other options. You can use Litecoin at cryptocurrency casinos when you’re making smaller bets that don’t require large deposits.

4. Ripple

Ripple is a digital network that uses the blockchain and has a cryptocurrency called XRP. Instead of mining the blockchain like Bitcoin and other cryptocurrencies, Ripple has a consensus mechanism. They use a collection of bank-owned servers that are responsible for confirming transactions made with XRP. While it’s currently at a relatively low value, it has slowly been on the rise over the last six months. Like Litecoin, XRP can be good for making smaller deposits at crypto casinos.

5. Tether

Tether is a cryptocurrency that originated the idea of a “stablecoin.” The basic idea of stablecoins is that they are tied (or tethered) to a fiat currency. By doing this, stablecoins avoid the volatility of other cryptocurrencies, keeping their value at roughly the same amount as the currency to which they’re tied. Tether uses the U.S. dollar as their related fiat currency, making it an easy choice for exchanging money to cryptocurrency for use at a crypto casino.

6. Dogecoin

Dogecoin is a bit of an anomaly in the world of cryptocurrency. It was originally created as a joke by Billy Markus and Jackson Palmer, who launched it as the first “meme coin” in 2013. However, using the same proof-of-concept and source code as Litecoin, Dogecoin managed to take off as a legitimate contender in the market. Although they experienced a drop in value during the 3rd quarter of 2023, Dogecoin has been steadily rising again. Thanks to the popularity of the meme coin, it’s a very good option when playing online casino games, giving you a solid amount of value as a cryptocurrency.

7. Binance Coin

Binance Coin is a cryptocurrency that is used by the Binance exchange, using the symbol of BNB on the market. It was initially based on Ethereum’s decentralized, open-source network, but has since migrated to its own independent blockchain. While Binance Coin has gone through some ups and downs in value, it’s a fairly strong cryptocurrency. Many crypto casinos will offer the option to make payments using Binance Coin.

8. Cardano (ADA)

Cardano is a public blockchain that uses a decentralized, open-source platform with a consensus based on proof of stake. Their cryptocurrency is known as ADA, which is used on Cardano’s platform to make purchases and earn rewards. It was first launched in 2015, developed by the co-founder of Ethereum. The value of ADA languished for a while, but there was a sudden upturn near the end of 2023. You can use Cardano to pay for transactions at many crypto casinos around the world.

How do we Rate Crypto as a Casino Payment Method

When choosing what cryptocurrency is the best one to use at crypto casinos, we rate them based on the following factors: overall value, deposits and withdrawals, fees and payments, customer support, and safety. Here’s a quick rundown of what each category entails:

Safe and Secure – Safety is a top priority for most people, especially when it involves their money. We rate crypto casinos based on their safety and security protocols, as well as their reputation for keeping the data of their customers private. Cryptocurrencies are already at risk for potential security issues since the market is still mostly unregulated, with very little oversight. Any crypto casinos that don’t take their safety and security seriously won’t be earning a good rating.

Deposits And Withdrawals – The speed at which deposits and withdrawals are processed when using cryptocurrency is a major factor in how we rate them. Most reputable online crypto casinos will have instant deposits, while withdrawals will be completed within 48 hours. Larger withdrawals can take up to 7 days to process, but any crypto casino that doesn’t have a 3-day payout speed isn’t going to top any of our lists.

Fees And Payments – The types of payment methods a crypto casino has on cryptocurrency payment options can greatly affect their rating. Most of them have a 0.5% deposit fee but allow you to withdraw your money with no additional fees. There can be processing fees for other transactions, depending on the type of cryptocurrency being used. As long as any fees and payments are kept low, usually below 1%, a crypto casino can earn a high rating.

Costumer Support - In today’s market, anything less than 24/7 customer support is virtually extinct. Any crypto casinos that are open to customers all the time must have a customer support team ready and waiting to assist you with your issues as soon as they arise. They also need to have an integrated chat and self-help platform that makes it easy to contact a customer support agent. Crypto casinos that employ real people to aid customers tend to be rated higher than those that rely on AI agents.

Overall Value

The overall value of a cryptocurrency is determined by several factors. Using the concept of “tokenomics,” we can judge each individual cryptocurrency on their current market value, volatility index (VIX) rating, circulating supply, total supply, and maximum supply. All cryptocurrencies traded on the open market have their value tracked and reported, which can be viewed to determine trends. The VIX tells you how often the price goes up and down, as well as how much of a swing there is when it does. The circulating, total, and maximum supply of a cryptocurrency influences its price, so knowing these statistics helps to determine their overall value.

The 5 Best Casinos that Accept Crypto

After careful review of the many crypto casinos out there, we’ve narrowed down the field to the top 5 picks that are the best of the best. Here’s our list for the 5 best casinos that accept cryptocurrencies:

1. National Casino

National Casino has a fantastic reputation as being the best crypto casino Canada has to offer. They have a huge library of games, including slot games, table games, and live dealer games. Canadian players can fund their casino account with the cryptocurrency of their choice, and then play games for real money. National Casino works hard to set themselves apart from the competition by making deposits and withdrawals a completely painless process. You can’t go wrong when choosing them as your favorite online casino.

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