|Country||Canada and rest of the world|
|Casinos using it||1000+|
|Deposit/withdrawal time||Instant / 1-2 hours|
|Fees||Deposit – 0%; Withdrawal 0%|
Bitcoin is a cryptocurrency created in 2009 by an anonymous entity with the pseudonym Satoshi Nakamoto. It is the first-ever digital currency in the world.
Over the years, the price of Bitcoin has been skyrocketing greatly. This could explain why Bitcoin is the most expensive currency in the crypto market.
The digital currency runs on a blockchain (public ledger) known as the BTC. With the technology, you can transact in an instant without leaving paper trails.
Unlike fiat currencies, Bitcoin is decentralized. What this means is that it is not regulated by any government or third party.
Bitcoin and several other cryptocurrencies can be mined. Simply put, computers find solutions to sophisticated math problems. By so doing, they generate small pieces of Bitcoin.
Mining a Bitcoin requires loads of computing power, thus making counterfeiting difficult Moreover, all transactions on the blockchain have a public record.
Due to the complexity of the currency, gamblers globally were skeptical about using it. However, this changed when players began understanding the concept behind Bitcoin.
In recent years, there has been a steady rise in Bitcoin casinos. Canada has not been left behind in this regard. The country has lots of crypto-friendly casinos operating legally.
Currently, Bitcoin plays a crucial part in the financial market. That’s why its prominence in online gambling is expected to keep rising.
More than 100 casinos in CA support Bitcoin transactions. The currency could possibly determine the future of online gambling in the country.
Below is a list of fast withdrawal Canadian Bitcoin casinos. We have included brief reviews of each to help you understand their operations
WildCoins Casino Review
Enjoy a wide range of casino games from leading software providers worldwide. Wildcoins has been in operation since 2021, making it a fairly new casino. The gambling site is owned and managed by Hollycom N.V., known for brands like Skycrown.
Wildcoins is approved and licensed under the laws of Curacao. This makes it safe and perfectly legal in Canada.
The gambling site is exclusively a crypto casino. The casino supports various digital currencies including Bitcoin. As such, you get to enjoy swift and safe transactions.
Notably, Wildcoins is among the Canadian casinos with provably fair games. You can review how a game played out to determine provable fairness. That way, transparency is part of this casino’s fine print.
Moreover, Wildcoins has a basic yet sleek and appealing outlook. Most games are based on HTML5 technology to make overall gameplay seamless. Talking of games, most of the titles have RTPs higher than 95% on average.
If these features excite you, setting up a Wildcoins account is quite easy and fast. You only need an email address and a strong password to get started.
BC Game Casino Review
Canada is full of top-tier online casinos and BC.Game is one of them. The crypto casino offers an impressive selection of games from leading games studios.
BC.Game debuted in 2017 under the management of Media Games Malta. Since its inception, the casino has offered a stellar gambling experience to players worldwide. As a result, the gambling site enjoys a large fan base in Canada.
Here, you will find a large game selection that includes keno, roulette, video poker, and blackjack. If you’re into video slots, you’re well covered as well.
To comply with the authorities, BC.Game holds a valid license from the Malta Gaming Authority. The MGA is among the strictest online casino regulators globally. This definitely tells us a lot about Bc.Game’s operations.
Currently, the casino supports more than 21 digital currencies, including Bitcoin. Therefore, Canadian players that prefer wagering in BTC can do so easily.
Worth mentioning, Bitcoin deposits and withdrawals at BC.Game are usually processed instantly.
Bets.io Casino Review
Established in 2021, Bets.io Casino is among the newest gambling sites in Canada. The online casino is owned and managed by Bets Entertainment N.V.
Aside from that, Bets.io is approved and regulated by the Government of Curacao. After several assessments, we found out that the casino offers provably fair and safe titles.
Many gamblers worldwide prefer this casino for its outstanding selection of games. Once logged in, you can play online slots, blackjack, roulette, baccarat, and keno. Whether a pro or a novice, the experience here will get you revved up.
The game library is made up of 2000 games from 30+ software developers. A majority of the products offered are mobile-friendly.
This way, mobile gaming will be seamless.
You will also find 230 live dealer lobbies where you can have a real-time gambling experience. This is because you interact with dealers for games like baccarat and roulette.
Hell Spin Casino Review
With an exciting game library, HellSpin offers one of the best gambling experiences. The gambling site has been on the online scene since 2022. This makes it fairly new in Canada.
HellSpin Casino is the property of TechOptions B.V. Although it has been around for a short period, the casino has a considerably large customer base. Currently, the gambling site accepts players across Europe and North America.
HellSpin is approved and overseen by the government of Curacao. From various assessments, we can confirm that the casino offers safe and fair games.
The casino is home to over 3200 casino products. These include slots, table games and casual games. Interestingly, most of these games are modern, therefore mobile-friendly.
Regarding payments and payouts, HellSpin supports both fiat and digital currencies. That’s why it’s one of the best Bitcoin casinos in Canada.
Bitcoin withdrawals are free, secure, and super-fast at HellSpin Casino. Additionally, the minimum deposit amount is CAD 20. More information on this is available on the casino’s terms and conditions.
Skycrown Casino Review
Among the best casinos in Canada is Skycrown. This gaming site is known for not slacking in its offerings.
Skycrown is owned and run by Hollycom N.V. It has been in the online space since 2022. Within this short period, the casino has gained a solid user base globally.
The casino has a comparably larger selection of games than several other gambling sites. Currently, it has roughly 6000 titles under its belt. These games are provided by over 70 software studios worldwide.
At Skycrown, you can play slot titles, table games, and live casino variants. This variety aims to accommodate as many gamblers as possible.
Besides fiat currencies, Skycrown Casino supports cryptocurrencies. You can play various Bitcoin games without a problem. It supports other cryptocurrencies as well.
The minimum top-up amount at Skycrown Casino is CAD 20 or equivalent Bitcoins. Due to money laundering issues, the deposited amount has to be wagered more than twice.
BTC withdrawals take less than an hour to process. On the other hand, traditional payment solutions take longer to process payouts. All in all, Skycrown aims to pay out within the shortest time possible.
For transparency, we saw it wise to take you through our evaluation process. Before recommending any Bitcoin casino in Canada, we evaluate the following areas. Stay with us.
First off, your safety takes the upper hand in online gambling. Therefore, we make sure to check if a casino is licensed by a recognized regulator. This is to ensure that players’ personal and financial data are safeguarded.
Additionally, we check if the casino games are certified for fairness. If it does, it should hold a certificate from eCOGRA or other independent testing companies like iTestlabs.
It is imperative that a casino has a vast game selection to pick from. Moreover, the offerings should be from leading software developers. If that’s the case, such a casino will definitely rank high.
Still on games, high payout rates indicate a player’s best chances of winning. They also show the reliability of a gambling site. To that end, we review and recommend casinos with average RTPs, those higher than 96%.
An ideal casino offers a vast range of banking solutions that cater to various tastes. Additionally, we check to see if the casino offers Bitcoin and other fast payout methods.
Players prefer casinos willing to release their payouts faster. Among the many benefits of Bitcoin casinos is that they process withdrawals relatively fast. For this reason, we check to see if a casino processes Bitcoin payout requests swiftly.
Casinos use bonuses to attract new gamblers and maintain their user base. We look at the various bonuses and their wagering requirements. This way, we can rank casinos based on how they contribute to a player’s bankroll.
For most payment methods, creating an account involves visiting the provider’s website. The case is quite different when it comes to cryptocurrencies like Bitcoin. Digital coins require a third-party wallet/holder such as Coinomi and Coinbase. There are four types of wallets that you can use to store your bitcoin. These are hardware, web-based, mobile, and software wallets. Hardware wallets are like thumb drives used to safely store Bitcoin offline. For this piece, we are more interested in web-based, software, and mobile wallets. Use the following steps to create a Bitcoin wallet for online gambling.
Pick a trustworthy platform
First, choose a trusted crypto wallet. A quick search over the internet brings up various Bitcoin wallet options. Some of the best ones include Coinbase, Exodus, Coinomi, and Electrum. You can either download them as software or web extensions.
Enter your information
You will then need to provide personal information to complete the registration process.
Secure your account
To keep your account safe, you must verify the email address you provided. Also, you will have to pick a strong password and use 2FA (2-step verification).
For an extra layer of security, the crypto wallet will give you a 24-word or 12-character recovery phrase.
Using a credit/debit card, bank account, or e-wallets, buy some Bitcoin from a crypto exchange. Binance is a good example of an ideal crypto exchange platform to use. There are others though.
Many players in Canada prefer Bitcoin since it delivers fast transactions. This is as true for casino transactions as it is for P2P payments. Be that as it may, there are usually no fees on Bitcoin deposits at Canadian casinos.
Bitcoin itself is quite pricey as it is. Therefore, if a casino charges fees on Bitcoin deposits, it would scare away most players.
On the other hand, Bitcoin casino withdrawals are also free of charge. However, a casino may end up charging you due to various reasons.
One reason usually is that you made a withdrawal request before completing the minimum wagering requirements. Another reason could be that the casino charges fees on the maximum withdrawal cap.
Therefore, it is quite important to always go through the casino’s terms and conditions. This section always has all the information regarding fees charged for every payment method.
Having said that, you will still pay for Bitcoin purchases. The fees depend on your preferred payment service provider. Even so, bank cards tend to charge more fees than e-wallets.
For the most part, the fees charged are relatively low and negligible. This is because Bitcoin, like other digital currencies, fluctuates in value. Therefore, you can purchase Bitcoin when its value is low but that could later change for the better.
Withdrawing winnings from all Bitcoin casinos is basically the same. While Bitcoin is a fast payout method, you must have used it as a deposit method to use it for cash-outs. To do it quickly, follow this procedure.
When cashing out, the first step is heading to the casino’s cashier page. Here you will find a list of the available withdrawal options.
Choose Bitcoin from the list, after which you will be prompted to enter the amount you wish to cash out. Most importantly, ensure you know about the casino’s withdrawal fees when using Bitcoin.
Next up, enter your crypto wallet address. This address is unique to you, hence the coins won’t end up in someone else’s wallet. However, you must make sure to enter the correct address.
After entering your receiving address, you can hit the withdraw button to confirm the transfer. If the gambling site is a fast payout casino, you should have your payouts in a few minutes. For other casinos, it could take up to an hour or two to process.
As soon as the casino is done processing your payouts, your coins should reflect in your wallet. Head to your wallet for confirmation. In case of any delays, which rarely happen, contact the casino’s customer care.
|Withdrawal speeds||15 minutes||15 minutes||30 minutes||Up to 3 business days|
Digital currencies are rapidly transforming the online gambling industry in Canada. Thanks to DeFi (Decentralized Finance), more casinos are integrating the Bitcoin blockchain into their payment systems.
Bitcoin is becoming quite popular in the online gambling industry across the globe. A majority of players prefer Bitcoin because of the safety and anonymity it brings.
The payment option does not leave a paper trail whenever a transaction happens. Therefore, third parties like governments cannot trace your transactions. What this means is that your coins are free from taxation and other things tied to third-party interferences.
Like every other payment method, Bitcoin has its upsides and drawbacks. As evidenced in this piece, the benefits of Bitcoin gambling outweigh its pitfalls.
Since Bitcoin runs on the blockchain, transactions are quite safe and convenient. Additionally, Bitcoin payouts are usually fast. Of course, this will depend on the verification status of your casino account.
Did you know? There are No-verification casinos Canada.
Remember that Bitcoin, like other digital currencies, fluctuates in value. Therefore, your Bitcoin payouts could end up being of less or more value depending on the market at the time.
With the knowledge of how BTC works, players stand a better chance with Bitcoin than fiat currencies. However, it all boils down to what you want. That said, make sure to only transact with Bitcoin when its value is high.
Bitcoin is a decentralized digital currency that runs on the BTC blockchain. You can either mine or purchase your Bitcoin from a crypto exchange. With your Bitcoin, you transact safely online including at casinos.
Bitcoin runs on a public ledger where payments are recorded and protected. Thanks to its complex nature, Bitcoin is pretty hard to steal. This is why it is a safe payment method in iGaming.
Yes. Like other payment methods, casinos offer bonus incentives on Bitcoin deposits. In fact, most casinos will offer enhanced Bitcoin-specific sign-up packages.
Yes, Bitcoin gambling is perfectly legal in Canada. Bitcoin casinos are known to be safe with provably fair games.
When you create a crypto wallet, you will be assigned a unique alphanumeric address. For example 3ErndhYfhs4GDjsruutd3kfrjHG2. It is such a code that you’ll use to receive your Bitcoin from a crypto exchange or casino.
At Fast.bet we take Bitcoin casinos seriously. Especially the ones that payout faster. That’s why we have created detailed BTC casino reviews for different GEOs we cover.
Petter is passioned about fair gaming and online casinos. He reviews the deposit, verification & payout times of each of the casinos at fast.bet manually.