Crypto Casinos

Ready to hit the jackpot with some crypto magic? Crypto casinos have taken Canada by storm, offering a whole new world of online gambling. But with so many options out there, it can be tough to know which crypto casino to choose. Fear not, dear reader, for we have scoured the web to bring you the top crypto online casinos in Canada. So grab your crypto wallet, get ready to place your bets, and let’s dive into the wild world of crypto casino gambling!


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Crypto Casinos in Canada

The online casino market in Canada is still behind other countries, such as the United Kingdom, which has a very advanced online casino market, though it’s no longer as far behind as it once was.

The landscape of online gambling in Canada is changing. Many offshore online casinos target the Canadian market these days, so there are now more online casinos available to Canadians than ever before.

With more choices of online casinos comes more choice of online payment options. Now there are a plethora of payment options available to online casino players that go far beyond the standard choices such as VISA and MasterCard.

With the rise of popularity in Crypto in recent years, more and more people in the digital world are looking to use cryptocurrencies as an alternative method of funding their online activities.

One particular online activity that can now be funded by crypto is online gambling. As a form of online gambling, some casinos now accept cryptocurrencies as a payment method.

In this guide, we’re going to look at what crypto casinos are. We’re also going to look at what cryptocurrencies are accepted and which ones aren’t. Let’s get into it.

What is Crypto?

First things first, for those who do not know or who don’t fully understand, let’s quickly look at what crypto is.

Crypto is short for cryptocurrency. What is cryptocurrency? A cryptocurrency is a digital currency that can be bought, sold and used to finance online transactions, such as depositing and withdrawing from an online casino.

This type of digital currency is becoming more and more popular because it is verified and maintained by a decentralized system. This allows people more freedom and less restriction.

To use cryptocurrency, you need a crypto wallet. There are many of these online. Many are free and easy to use.

Crypto Casinos

Crypto casinos Canada

Crypto casinos are much like regular online casinos. In fact, they are regular online casinos, but instead of only accepting fiat currencies such as Canadian Dollars or Euros and accepting regular payment methods such as VISA, crypto casinos accept payments in crypto via an online wallet.

Crypto casinos use crypto as their main currency. This means that players deposit in crypto, wager in crypto, and withdraw in crypto to their online crypto wallet.

In some cases, the casino will allow players to deposit in crypto via an online wallet, but they will then exchange the cryptocurrency into fiat currency for the purposes of wagering. If you decide to withdraw, the casino will then exchange your funds back into the crypto and allow you to withdraw via your online wallet.

Types of Cryptocurrency

The crypto world is ever-changing and ever-growing, and we’re now at a point where there are lots and lots of different cryptos that people can access.

Those who don’t know much about crypto may be surprised to learn that the crypto market goes far beyond the likes of big-name coins such as Bitcoin and Ethereum. If you were to take guess how many cryptocurrencies are now available, what would you say? A few hundred, maybe even a thousand? Think again. Recent market reports suggest that there are approximately between 22,000 and 23,000 different cryptocurrencies. The market capitalization of crypto currently stands at around $1.1 trillion. It’s fair to say that crypto is now a huge business, that’s for sure.

Of course, many of the crypto currently available are still in their infancy, and they remain unpopular. This means that they’re yet to make any headway into the online gambling world.

So, what type of cryptocurrencies can be used by online gamblers looking to get involved in the world of crypto casinos? Naturally, Bitcoin has become quite popular in this sense. Bitcoin is the most recognized crypto in the world, and it’s also the crypto that is worth the most, so it’s not surprising that it has become the most recognized and accepted form of crypto payment in the Bitcoin casino space.

However, Bitcoin is not the only type of cryptocurrency that is available to online casino players, far from it.

Relatively speaking, the number of cryptos that online gamblers can use remains low, but there are certainly options. Lots of crypto casinos now accept the use of popular cryptos such as Ethereum, which behind Bitcoin, is the second-most popular coin on the market right now.

Other cryptos that can be used in the crypto casino realm are Litecoin, Dogecoin, XRP and USDT, which is also often referred to as Tether. Another crypto that is available for use by Canadian players at some crypto casinos is Ripple, further adding to the crypto options.

Bitcoin is the biggest cryptocurrency in the world right now. It is also the most valuable of all cryptocurrencies. It is, therefore, no surprise that Bitcoin is the most popular type of crypto.

As the most recognized and most popular type of crypto, Bitcoin is the most used crypto when it comes to crypto casinos. As this is the case, it is important that online casino players understand some of the key Bitcoin terminologies.

For example, if you intend to play at crypto casinos and are planning on using Bitcoin, you’re going to come across things such as ‘BTC,’ ‘MBTC’ and ‘uBTC.’ It is necessary to know what these abbreviations stand for.

Let’s start with BTC. ‘BTC’ is simply the shortened version of Bitcoin. To keep things simple, if you have 1 BTC, you have 1 Bitcoin, but most people are now aware, 1 Bitcoin is now worth a lot of money, several thousand in fact. mBTC is a smaller denomination. mBTC stands for 1/1000 of 1 Bitcoin. uBTC is an even smaller denomination and equates to 1/100,000 of 1 Bitcoin.

Players typically have the option to deposit funds in MBTC and uBTC when they have significantly less than 1 Bitcoin available in their online wallet.

Crypto Online Casino Benefits

There are certain benefits to using crypto online casinos. One of the first benefits or pros is the level of anonymity. You typically need to register, but crypto casinos aren’t in the habit of requiring identity verification, which means that you don’t need to display a copy of your passport or other means of identification. Not everyone wants to share such documents with online gambling operators, so crypto casinos offer a solution.

There is also greater privacy available to crypto users. In some cases, no signing up is necessary besides registering with an email, which means that those seeking greater privacy can use crypto to gamble and have peace of mind. Lots of people turn to crypto in general because of the privacy that it offers, so that’s a clear benefit.

Another big benefit of using cryptocurrencies to fund your online gambling, for example, at a crypto casino, is that you can gamble in much smaller amounts. If you visit a regular online casino, there is often a minimum deposit, which is sometimes $20. Not everybody wants to deposit at least $20 every time they want to play a few casino games because they want to gamble with small amounts.

Crypto casinos offer bettors the opportunity to deposit very small amounts using crypto denominations such as uBTC or mBTC. This allows very small-stakes players to get involved without ever having to deposit large amounts.

Negatives of Crypto Casinos

As is the case with anything, there are of course a few negatives. Here they are:

In the grand scheme of things, cryptocurrencies remain relatively new, especially in terms of acting as a payment method for some online activities such as gambling. Only now is crypto becoming a more widely accepted payment method, and this means that there has been very little regulation up until now. Because of its decentralized nature, there are few laws surrounding crypto, though with popularity rising, this could change at any time, which could create problems for crypto gamblers.

There could quite easily come a time when national governments crack down on crypto, especially in an area such as online gambling, which could mean that many of the benefits of using crypto casinos simply cease to be, though we are not at that point yet, and it remains to be seen what will happen in that respect.

Another potential negative of crypto casinos is that it could be difficult to recover your account should something go wrong. What does this mean? Well, if you forget your password, or for whatever reason, there are log-in issues, you only have your email to identify you.

Of course, resetting your password via email shouldn’t be a problem, but if it is, you’re left with no other option. This is where the privacy of crypto casinos could go from being a huge positive to be a slight problem. You may think that it’s not much of a problem, as you could, of course, make a new account, which is true. Doing so is absolutely fine if you had an account balance of zero, but if your account had an outstanding crypto balance, then this would be an issue, as you could be facing not being able to access your online funds.

Depositing and withdrawing at Crypto casinos

If you’ve deposited funds and then made withdrawals at regular online casinos using regular payment methods such as VISA, MasterCard, PayPal or Skrill, then you shouldn’t find depositing and withdrawing at crypto casinos too difficult, though the process is slightly different.

Let’s take a look at how you can use both deposit and withdraw at a typical crypto casino.


It’s quite easy to deposit using crypto at a crypto casino, though there are a couple of things you will need. Firstly, you’ll need a crypto wallet. This is where you will store the cryptocurrencies that you hold. There are many crypto wallets available online, though you should be sure to use a reputable one that has good reviews.

You’ll then need to log in to your crypto casino account and choose the crypto that you wish to deposit from the list of accepted cryptocurrencies.

The casino will then provide you with something known as a unique address or code. You will paste this into your crypto wallet, before choosing how much crypto to deposit. Once you’ve done that, you should be good to go.


Withdrawing from a crypto casino is just as easy as depositing, if not easier. Once you’re logged in to your crypto casino account, all you need to do is go to the cashier or payment section.

From the cashier, you simply input how much you want to withdraw by typing the amount into the space provided.

Once you have selected the amount to withdraw, you’ll need to request a new address/code from your crypto wallet and provide the details to the crypto casino in the correct area. Once you’ve done that, your funds should be transferred to your wallet. It’s as simple as that.

The great thing about crypto withdrawals is that they are very fast, so much so that they can appear instant. In contrast, withdrawing at regular online casinos using typical payment methods carries with it a processing time, which in some cases can take days. In today’s fast-moving world, people need fast access to their funds, so waiting two or three days is far from helpful. Using crypto eliminates this issue.

Crypto Online Casinos FAQ

Will more online casinos start to accept cryptocurrencies?

Cryptocurrencies have increased dramatically in popularity over the last few years, and the crypto market is now huge. If such growth continues, then it is highly likely that depositing and withdrawing at online casinos using crypto will become far more common in the not-so-distant future.

Of course, nobody knows for certain, but it seems very likely that more online casinos will start to accept crypto.

Is there a limit on how much crypto I can deposit?

Every crypto casino is different. When using an online casino that accepts cryptocurrency, you should check to see if there is a limit on deposits and withdrawals.

How do I buy crypto to use at online casinos?

You can purchase a wide variety of crypto from any of the many online crypto electronic wallet sites. At these sites, you can use a variety of payment methods to buy your crypto, including VISA, MasterCard and Bank Transfer.