Crypto Casinos in Canada

When cryptocurrencies had initially burst onto the scene, there was a lot of fear and confusion regarding how they would affect everyday life. However, these days many of these coins can be used to make purchases, and some of them are accepted by online casinos. Crypto casinos offer a range of benefits such as fast withdrawals and enhanced security regarding transactions to and from the casino. These unique currencies are incredibly versatile and can be quite flexible, especially when it comes to deposit and withdrawal limits.

Crypto gambling sites are online casinos that specialize in the use of cryptocurrencies and these casinos generally offer incredible welcome bonuses along with better odds due to the decrease in costs. There are also crypto casinos that have no house edge, which is something that all Kiwi players should experience as it will change the way you gamble forever.

In this segment, we’ll be taking a closer look at what these sites have to offer along with their pros and cons, the best casinos, and how we review these sites.

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Best Crypto Gambling Sites in Canada

Rank Casino Bonus Visit Info
1 Ilucki Logo iLucki Casino $900+ 150 Free Spins Visit Casino
iLucki is a quite new casino in the industry, but still surprise us with their wide range of great bonuses and promotions for new Canadian players VisaMastercardPaysafecardBitcoinNeosurfiDebitInstadebitInterac eTransferInterac OnlineEcopayz
18+. This offer is not available for players residing in Ontario
2 National casino logo National Casino $1500+ 150 Free Spins Visit Casino
National casino offers best games, fair play and a wide range of safe banking methods for Canadian players VisaMastercardJetonNeosurfFlexepinBitcoinInterac eTransferInterac OnlineEcopayzPaysafecard
18+. This offer is not available for players residing in Ontario
3 Tonybet logo TonyBet Casino $1500+ 170 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 VisaMastercardInterac eTransferInstadebitPaysafecardiDebitAstroPay CardMuch BetterEcopayzJeton
18+. This offer is not available for players residing in Ontario
4 King Billy casino logo King Billy $2500+ 250 Free Spins Visit Casino
King Billy Casino is the true ruler in Canadian casino gaming. Welcome offer includes $2500 and 250 Free Spins. AstroPay CardBitcoinEcopayziDebitInstadebitInterac eTransferInterac OnlineMastercardNeosurfPaysafecard
18+. This offer is not available for players residing in Ontario
5 SpinAway Casino logo Spin Away Casino $1500+ 100 Free Spins Visit Casino
Spin Away offering a wonderful welcome bonus and an overall fun gaming experience with everything that you need BitcoinEcopayzInterac OnlineMastercardMuch BetterVisaInterac eTransferEthereum Litecoin
18+. This offer is not available for players residing in Ontario

Top Crypto Casinos

The top crypto casinos aren’t hard to find, if you’re looking for the cream of the crop, check out our selection of crypto casinos below.

iLucki Casino homepage

iLucki Casino

With over 3,500 games in a variety of categories, iLucki has become a fan-favorite due to how much it has to offer when it comes to gaming, banking, promotional offers, tournaments, and its brilliant customer support system. This site supports the use of Bitcoin, Ethereum, Litecoin, Dogecoin, and Tether. This site has also proven to be safe and feature two-factor authentication via Google Authenticator, which makes it much safer to access your account.

National Casino Homepage Canada

National Casino

National is a crypto casino that focuses exclusively on the use of cryptocurrencies and here you can use Bitcoin, Ethereum, Litecoin, Zcash, Tron, Monero, Dash, and Dogecoin. This site also features a sportsbook, which provides a nice change of pace if you grow tired of casino games. National Casino also has a range of crypto dice games which seems to be a focal point of the gaming portfolio. This is a site that’s safe and fair, and one of the best in its range.

Tonybet Casino

ToneyBet Casino

Established in 2003 and operating under the authority of the The Republic of Estonia and the UK Gambling Commission Control Board, TonyBet is a site that supports the use of standard currencies and cryptocurrency, making it one of the most diverse casinos on our list. It also features a great loyalty program that continues to reward players for betting and this will unlock a range of lucrative rewards and offers.

King Billy homepage

King Billy Casino

King Billy is one of the oldest crypto casinos and it operates under dual licenses issued by MGA. This site features a strong selection of games in a variety of categories and this includes betting on various popular eSports. King Billy is safe and offers players an excellent customer support service that will be available to help you with whatever you need.

How we Review Online Casinos that Accept Crypto

When it comes to reviewing the best crypto gambling sites, there’s a specific list of criteria that we need to pay close attention to and we can’t recommend any online casino that doesn’t meet the requirements for these factors.

Secure Icon

Safe and Secure – Security is incredibly important when gambling online and despite cryptocurrency casinos presenting the best security when compared to traditional casinos; we need to be incredibly thorough. There have been cases where Bitcoins have been stolen from online wallets; however, there haven’t been reports of anything unfortunate happening at crypto casinos.

The security at these casinos is linked to the nature of Bitcoin and other altcoins, as these are based on a blockchain, that’s known to be incredibly secure. However, the site that operates the casino needs to have SSL encryption, as there are people out there that take an interest in the private information of players. This could result in identity theft, fraud, and other crimes being committed.

Player safety should be the main priority of the casino and there are a handful of casinos that operate without licensing which puts the player at risk of experiencing issues with the casino. Safety isn’t something that can be subjective when it comes to online gambling and luckily most online casinos, especially the ones that we recommend are keen to inform players regarding the steps to take to ensure that they’re safe at all times.

Legal icon

Licensing - An online casino shouldn’t operate without a license and in most cases; we keep a lookout for casinos that are licensed by the Malta Gaming Authority, UK Gambling Commission, Swedish Gambling Commission, and the Kahnawake Gaming Commission. However, casinos using gambling cryptocurrency coins are a different ball game as they’re generally not viewed as legal by the aforementioned gambling authorities.

However, we’ve found that crypto casinos will usually operate under the authority of the Curacao Gaming Control Board or a Montenegro gambling license. This is what we look out for when we’re looking for a legitimate cryptocurrency. The Curacao gambling authority generally has a reputation of providing an online casino with a gambling license; however, the crypto casinos that are operating with this license have yet to disappoint us.

Licensing is something that you should never overlook as an unlicensed casino is operating illegally and this could see it being shut down very quickly. There are also unlicensed casinos that are fronts for money laundering, which is something that you’d want to avoid. Ultimately, we view casino licensing is something that can’t be compromised on and we always encourage users to exercise extreme caution when checking out an online casino for the first time.

Canada icon

Auditing Bodies - When it comes to the auditing of online casinos, this is a factor that ties in with the gambling license as this also protects players from online casinos that are offering unfair gaming conditions. These auditing bodies are responsible for ensuring that there are no patterns when it comes to games of chance and that the payouts and stats of games are what the software providers claim that they are. An online casino that has been audited will display a certificate of approval by the auditing body.

There are plenty of auditing bodies, and the ones that we generally lookout for are eCOGRA and iTech Labs, as these are the most reputable and they are the industry standard when it comes to online gaming. eCOGRA has been regulating online casinos since 2003 and this agency will provide detailed reports regarding the statistics and payouts of the games that a casino has to offer.

iTech Labs is a world-class testing agency and they are responsible for auditing some of the largest poker rooms in the online gaming industry and many of the best online casino gaming brands. This agency ensures that a high level of integrity and accountability is maintained by these operators.

Payment icon

Payment Methods - Deposits and withdrawals at crypto casinos are different when compared to other online casinos. However, some casinos offer standard banking methods.

  • Cryptocurrencies – These could be Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ripple, Dogecoin, or other forms of altcoins. These provide incredibly secure transactions and they’re known for their fast (almost instant) withdrawals and flexibility regarding limits. This is one of the reasons why cryptocurrencies have become a popular choice when it comes to gambling. However, there are a few drawbacks, such as the fluctuation of the value of the coin itself.
  • E-wallets – e-wallets are known to be one of the most popular banking methods due to how easy they are to use and their low cost. E-wallets are also known to provide secure and fast transactions; however, they come in second place when compared to cryptocurrencies.
  • Prepaid Cards – If you’re looking to make an anonymous deposit into your casino account, then prepaid cards are a cost-effective method of topping up your account. However, you won’t be able to use them to withdraw cash.
  • Debit/Credit Cards/Bank Transfers – This is one of the most common ways to transfer cash into your casino account and they’re also the most widely accepted.

Crypto Gambling vs. Traditional Gambling

Crypto Gambling vs. Traditional Gambling

When comparing crypto gambling to traditional gambling, there are a handful of differences between the two and they are quite obvious. One of the biggest differences between the two is the presence of cryptocurrencies on crypto casinos. These sites also offer more flexibility when it comes to deposit and withdrawal limits, which is something that you’ll never see at a traditional online casino.

Traditional casinos have more of a reliability factor, especially since they’ve been around longer than crypto casinos. However, this is quickly changing as more players are migrating to crypto casinos as they offer anonymous transactions and better odds due to the lower costs when it comes to gambling with cryptocurrencies. All transactions made at a crypto casino can be traced due to the blockchain and this is what makes them feel safer.

Licensing is another factor that will differ between these types of casinos as the majority of crypto casinos are licensed by the Curacao Gaming Control Board, whereas traditional online casinos will operate under a variety of licenses. These include the Malta Gaming Authority, UK Gambling Commission, Swedish Gambling Commission, and the Kahnawake Gaming Commission.

Pros & Cons of Using Crypto Casino Sites

Pros

Yes check mark iconHigher betting limits
Yes check mark iconOutstanding bonuses
Yes check mark iconSafe and Privte Payment Option
Yes check mark iconFast withdrawals
Yes check mark iconGetting More legitimacy with Time
Yes check mark iconLess financial risk

Cons

No cross mark x iconHigh volatility with coin values
No cross mark x iconNot as user-friendly
No cross mark x iconTakes time to understand how it works

The Best Crypto Casino with no Deposit Bonus: King Billy

King Billy established in 2017 and it's one of the first online casinos that accept crypto as a payment option. The regluar welcome bonus consist of $2500 + 250 free spins, but they also have an exclusive offer which gives you the opportunity to receive $5 free no deposit bonus for Canadian players who'd like to try out the casino featuers, games, user experience and everything else that the casino has to offer.

Conclusion

It's a well known fact that the most popular coin is Bitcoin, but If you’re familiar with other cryptocurrencies and feel the need to use them to gamble online, then crypto casinos will be perfect for you. However, they can be complex for new players and these sites are not as user-friendly as traditional online casinos. This shouldn’t be a determining factor as they will allow you to make instant transactions and they feature excellent odds and some of the best bonuses available in the industry. Crypto casinos are perfect for those looking for a fresh experience and these are usually the sites that feature the best games when it comes to quality and variety.

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Last Updated: August 28, 2022
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