Bitcoin casino, Bitcoin slots
Bitcoin is the world's first and most popular cryptocurrency today. It is a decentralized currency, meaning that no one controls or prints it. It operates on a P2P network, thus using direct connections between Internet users, each with their own rights. It eliminates intermediaries and allows for anonymous online payments, so it's great for online casino transactions.
The best bitcoin casinos in Canada!
Ever since bitcoin appeared in 2009, people have changed the way they look at money. This first currency has changed many industries, mostly due to the blockchain technology behind it. By 2019, bitcoin had become widely accepted as a payment method on various websites. The online gambling industry is no exception to this trend.
Online bitcoin casinos will give you access to famous games that will give you a much-needed thrill. You can play at any time from any device. Slots, table games and live dealer games are available to players. The only difference from the classic real money online casino is that here you can make transactions using Bitcoin.
If you have decided to play in a casino with bitcoin payment, choose the best online casino using the link https://www.canadianroofmasters.ca/payments/bitcoin/
LIST OF THE BEST BITCOIN CASINOS
21.com Casino
Casino 21. com is a completely new player on the gambling market. It operates completely legally, thanks to the Maltese MGA license issued in early 2018 with the number MGA/B2C/203/2011, which proves that the site of this operator is completely safe and meets all the strict criteria. The casino website is SSL-certified, which guarantees data encryption and 100% privacy.
PAYMENT METHODS
- Bitcoin
- EcoPayz
- Neteller
- Skrill
Greatwin Casino
Greatwin Casino online is an established site for Canadian players. The casino is owned by the company RABIDI N.V. This is a company registered in Curacao, which owns not only Greatwin casino, but also several other online casinos, quite popular among Canadian players.
PAYMENT METHODS
- Bitcoin
- Blik
- Mastercard
- Visa
Neon Vegas Casino
Neon Vegas is a casino that only recently debuted, but its operator is an experienced gambling player. It is BP GROUP LIMITED, a company registered in Cyprus with a license MGA / B2C / 203/2011, a license of the Malta Gaming Authority, issued in 2011. That's why Neon Vegas offers a wide range of games from leading developers.
PAYMENT METHODS
- Bitcoin
- Trustly
- Skrill
- EcoPayz
How do I make payments in casinos using Bitcoin?
Payments using bitcoin and other cryptocurrencies can be made in two ways. They depend on which one is supported by the casino. Most often you will find a cryptocurrency gateway, but sometimes you can also find direct deposit via blockchain.
Direct payment involves depositing through a credit card or other e-wallet. The payment is then converted into cryptocurrencies by a third-party service ("gateway") and credited to the casino account. The most common bitcoin gateway, which can be found in online casinos, is the service CoinsPaid. Such a payment is made by logging into an account and then selecting the cryptocurrency deposit option. CoinsPaid supports more than 30 cryptocurrencies, including more niche ones such as Monero and DogeCoin. The exchange rate is displayed, we enter the amount and type of cryptocurrency to buy, and approve the payment.
Depositing directly using blockchain is much more complicated and requires some technical knowledge, so casinos use it less often. However, if you already have a Bitcoin or Ethereum wallet, you won't have any problems. To do this, you make a payment to a blockchain address, which is a string of characters. For Bitcoin, the payment still needs to be confirmed, which can take anywhere from a few minutes to a few tens of minutes, depending on the current state of the network.
How can you withdraw your winnings in cryptocurrencies?
Withdrawal is simple and the procedure is similar to other electronic payment methods. You need to log into your account, and then select the withdrawal method in the cryptocurrency of your choice. In the "Blockchain Address" field, enter the address of your Bitcoin, Tether or other wallet.
Keep in mind that in addition to the time it takes for your blockchain payment to be approved, you will also need time for casino staff to verify your withdrawal. Most of the time, however, this takes no more than one business day. It's even faster if this is your next withdrawal this way. If you have done everything correctly, you will soon see the funds in your account. Some casinos stipulate that you cannot deposit money into them from cryptocurrency exchanges like CoinBase or Binance.
Bonus offers and promotions at Bitcoin Casino
At Bitcoin Casino, you can take advantage of the full range of bonuses and special offers that players are eligible for. Some of the most important of these include the following bonuses.
- Deposit Bonus: This is a bonus designed for new players who will receive a percentage bonus on their first or sometimes several subsequent deposits. It has a maximum value and usually ranges from 100% to 200%.
- Free Spins: Free rounds of slot games. Usually designed for specific sites. Players who register can get from 100 to 200 free spins, depending on the casino.
- Bonuses for VIP players: Good casinos take care of loyal players by giving them numerous bonuses in exchange for big spins. These include, for example, reduced withdrawal limits, free spins, or a special account manager.
Security of bitcoin payments at online casinos
Cryptocurrencies are among the newer technologies, but security procedures are already quite well developed. The same rules apply here as for other forms of online payments. Therefore, you should not give your cryptocurrency wallet passwords to third parties, whether you use so-called cold storage, or hardware wallets, or keep your cryptocurrencies on exchanges like Binance.
Remember also that if you make a payment with a cryptocurrency such as bitcoin, it cannot be refunded if you make a mistake. In the case of a credit card, there is no room for procedures such as chargebacks. This is why you should carefully insert the blockchain address you are sending money to. A mistake can cause your bitcoins or Ethereum to go to a completely different recipient.
In addition, the Bitcoin casinos we recommend are completely safe. As always, when choosing a casino, make sure that it operates under a gambling license issued by authorized bodies such as the Malta Gambling Authority. The casino's domain should also be secured with SSL protocol. You will recognize this secure connection by the padlock icon next to the address.
What are the advantages of bitcoin casinos?
- The advantage of cryptocurrency as a payment method is that it is decentralized and not influenced by any government or bank. All transaction data is stored in a blockchain. This system is secure and accessible to everyone.
- The best bitcoin casino provides continuous customer support.
- When using BTC, players remain anonymous.
- Transactions are very fast and secure. It usually takes only 10 minutes to confirm a deposit. With this level of security, 10 minutes is not such a big sacrifice.
- Since the bank here does not act as an intermediary between you and the website, there are no fees associated with these transactions.