- »Top 3 Bitcoin-Friendly Canadian Online Casinos
Top 3 Bitcoin-Friendly Canadian Online Casinos
Cryptocurrency, specifically Bitcoin, is now one of the most commonly-used methods of making deposits and withdrawals at Canadian online casinos.
Of course, it’s not just online casinos seeing the increase in Bitcoin users. People around the world have caught on to the digital currency way.
By the end of 2018, there were nearly 32 million bitcoin wallets established. At that time, analysts estimated that approximately 5% of North Americans owned Bitcoin.
As people became frustrated at big banks, their control over money and their profiting from holding it, they began to look more seriously at digital currencies. And Bitcoin was the most popular, most widely accepted, and easiest to understand.
For people who primarily conduct transactions online, Bitcoin made the most sense. There are no fees to transfer it, no interest charges, no fluctuation of its worth by bank executives. And on the positive side, it is not only fast and convenient, it leaves no paper trail. People who use Bitcoin can remain anonymous.
Online casino customers and online poker players quickly realized over the years that it was the fastest way to put money into a casino account online. And it is also the fastest way to withdraw funds.
The movement happened rather quickly, and online casino operators had to adjust. More players wanted the ability to deposit and withdraw with Bitcoin, so more operators added that as a banking option. While every online casino doesn’t yet offer it, many of the top Canadian casinos do.
Due to PlayAmo’s popularity among Canadian online casino players, the operator has made efforts in the past year to process deposits and withdrawals faster than ever.
Now, every one of its deposit options provides instant access to funds. A new player must submit the required documents to verify their identity, but then the deposits are instantaneous going forward. Some withdrawals are instant as well.
PlayAmo truly embraced the digital currency era and decided to offer several options for their customers. All of them are instant methods, providing immediate access to deposits online and withdrawals from their casino accounts. And there are no fees assessed by the casino whatsoever.
These are the minimum and maximum transactions allowed:
- Bitcoin: BTC = 0,001 minimum, no maximum
- Ethereum: ETH = 0,01 minimum, no maximum
- Bitcoin Cash: BCH = 0,01 minimum, no maximum
- Dogecoin: DOGE = 1,500 minimum, no maximum
- Litecoin: LTC = 0,1 minimum, no maximum
- Tether: USDT = 10 minimum, no maximum
As for Bitcoin, Ethereum, Dogecoin, and Litecoin, those platforms are powered by CoinsPaid, which requires a CoinsPaid account. This is free. It is simply the online wallet chosen by PlayAmo to serve the most players.
2. Bodog Casino
It is true that Bodog was one of the first online poker and casino sites to offer cryptocurrency options for its players. The site even devotes an entire webpage to informing customers about the entire digital currency process.
Bodog has chosen to stick with the two most popular forms of Bitcoin as its crypto options. There are no fees from Bodog to deposit or withdraw via Bitcoin or Bitcoin Cash, though customers can pay a small fee to see their transactions approved sooner than others.
- Bitcoin: BTC = $10 equivalent minimum, no maximum
- Bitcoin Cash: BCH = $10 equivalent minimum, no maximum
A note about Bitcoin withdrawals reads: “Amount issued in maximum increments of $9,500 Bitcoin and $3,000 Bitcoin cash until you are fully paid out.” These can happen once every three days.
This Canadian online casino also posts a special link to a page with information about Bitcoin. Slots.LV outlines the entire process of buying Bitcoin, putting it into a digital wallet, etc.
At this time, Slots.LV has chosen to offer Bitcoin and Bitcoin Cash. Again, these are the most popular with its players.
- Bitcoin: BTC = $10 equivalent minimum, $2,000-$5,000 equivalent maximum
- Bitcoin Cash: BCH = $10 equivalent minimum, $2,000-$5,000 equivalent maximum
Players with questions should always feel free to contact the site’s customer service department. Most are available for immediate live chats. They can walk a person through the cryptocurrency process.