The Positive Effect of Crypto on Canadian Gambling

There has been a recent surge in the Canadian cryptocurrency market as citizens can explore various digital coins. More and more locals prefer Bitcoin, Litecoin, and Ethereum for instant transactions within the country and beyond. 

The emergence of cryptocurrencies into the local iGaming market has brought giant changes. Numerous gambling platforms offer digital coins for deposits and withdrawals, becoming more attractive than traditional sites. In this review, we will cover the positive effects of cryptocurrency on the gaming industry and the best Canadian BTC casinos to join in 2023.

Changes Caused by Cryptocurrency

Since Bitcoin was first used in the gambling world, many changes have occurred. This has attracted the attention of enthusiasts who want more benefits and features for their money. So now we will tell you about the advantages you will get at any BTC casino if you are based in Canada.

A New Level of Security

Crypto casinos are the best solution in terms of security and privacy. Blockchain technology eliminates the use of third-party software. The casino itself is resistant to cyberattacks, and players don’t have to specify banking information every time they deposit or cash out their winnings. Some BTC platforms require KYC verification for anti-fraud purposes. Moreover, these transactions are untraceable, so you can bet with 100% anonymity.

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Quick Transactions To and From the Casino

Players complain about slow payments and long pending time when using traditional banking services like credit cards and wires. Cryptocurrency has completely changed the approach to gambling transactions. Your deposit will land in a few seconds after pressing the confirm button. Withdrawals usually reach their final destination in a matter of minutes. Since no financial institution regulates Bitcoin, you won’t pay giant fees.

Better Bonuses and Rewards

Crypto casinos are known for their increased bonuses tied to a specific currency. For instance, you will be offered a 100% refund for your first BTC deposit or a dedicated reward for LTC bets. These promos are superficial to traditional Canadian casinos, meaning they are more profitable. Plus, there are daily and ongoing deals for existing customers and even VIP programs.

The Best BTC Casinos in Canada 2023

When it comes to crypto platforms, the choice can be problematic. Because of the large number of BTC casinos, there is a chance that you end up in the wrong place. We don’t want that to happen, so we created a list of Canada’s best blockchain gambling sites.

Bitcasino.io

Bitcasino.io first announced itself in 2014. It is approved by the Government of Curaçao, and it is the first casino in the world that offered live dealer games with Bitcoin bets. Nowadays, it cooperates with TOP gaming vendors such as Microgaming, Ezugi, and NetEnt. The portfolio exceeds 700 titles. However, the most fun is waiting for you on the bonuses page.

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• 100% bonus under first deposit (up to 100 mBTC).
• Daily live casino rewards.
• VIP program.

Bitcasino.io supports a variety of coins, including Tether, Litecoin, Tron, and Ripple. This is a safe place for gambling in Canada.

7BitCasino

If you’re looking for a combination of bonuses with gaming abundance, 7BitCasino may be the place to stay. It is licensed by the Government of Curaçao, offering a range of cryptocurrencies for deposits and withdrawals like BTC, DOGE, BCH, and USDT. There are over 1,500 top-notch games (from 60+ providers) to test out right now. The bonuses are just as impressive.

• 100% match-up bonus for the first deposit.
• 25% Monday reload bonus.
• Wednesday free spins.

If you think that 7BitCasino is your perfect place for gambling, then register and pass KYC verification.

CoinSlotty

CoinSlotty always keeps its doors open for crypto players. Approved by the Government of Curaçao, the casino features over 4,000 games, including slots, lotteries, live dealers, jackpots, and table games. If you’re going to play on this site, keep an eye out for the bonus program.

• 100% welcome offer for BTC deposits.
• Weekly free spins for the hottest video slots.
• Loyalty program with cash boosters and multipliers.

If you want more rewards, visit the unique Bonus Shop to get yourself free spins or anything else in exchange for accumulated points.

Conclusion

Canadian casinos have worked with fiat currencies for years. But like any other industry, gambling is changing, and crypto betting is gradually taking the lead. Today, there are more than 1,000 coins on the digital market and more to come in the near future. In addition, the Canadian government has legalized digital currency, meaning that citizens can buy and sell coins of their choice. However, most existing crypto casinos support the most popular options like BTC, ETH, USDT, and LTC for safe betting and fast transactions.