This guide features the best Canada crypto gambling sites in 2021.
All of these trustworthy sites make it possible to deposit and withdraw crypto with ease.
This article looks at the following aspects of Canada cryptocurrency gambling sites:
How to choose them
The best exchanges that don’t prohibit the use of their services for gambling in 2021
Let’s dive in.
Curious about Canadian crypto gambling companies, but still looking for reasons to take action?
There are countless reasons to give them a try, and here are just a few of them.
Fiat currencies are fast becoming yesterday’s news.
Inflation reduces their value every day.
Governments prefer these centralized currencies as they help them keep control over the financial system.
Banks decide if and when you can or can’t use them.
Fiat currencies are not the future.
In 2021, crypto represents the future.
There is no middleman involved in crypto exchange.
Therefore, you don’t have to worry about payment gateways.
Banks and credit cards? Forget about them!
Once you use a convenient VPN, registering an account with a Canada crypto gambling website becomes easy.
Doing so ensures you can even enjoy the action on Canada crypto gambling sites forbidden in your country.
In any case, some end-to-end Canada cryptocurrency gambling sites allow punters from almost every country in the world.
Disclaimer: Please note that we do not recommend or encourage illegal activity in any form. You are placing your investment at risk if you use gambling companies that forbid users from your country. For instance, you could have your account frozen, which means you can’t access your money.
Banks don’t like online gambling companies.
As a matter of fact, there are countless stories about individuals who were denied mortgages because of their use of gambling sites.
This can happen even with moderate usage of gambling platforms.
Here’s the thing about Canada gambling sites that accept cryptocurrency, you can use them without your bank ever finding out. Therefore, your activity remains a secret.
As a bonus, no one else will find out either.
When gambling on standard gambling sites with fiat currencies, you are wasting an investment opportunity.
With fiat currencies, you lose purchasing power every minute.
When using a Canada cryptocurrency gambling site, the amount of cryptos you hold will probably increase in value.
Have you ever struggled to deposit on gambling sites? We have.
The bank froze the account of a team member for a month.
Why, you ask? Well, he made deposits with a credit card on gambling websites.
What he didn’t know was that the UK applied a new regulation in April 2020.
He even received a warning from the bank and had to promise not to deposit on gambling sites anymore.
Cryptos keep your bank out of the picture permanently.
Many online gambling platforms accept cryptos. The trouble is, most of them offer fairly poor services.
Old-fashioned design, inefficient customer service, slow payouts, and much more.
The best crypto gambling platforms in Canada, on the other hand, are designed for the modern user. Therefore, they adopt better technology and respect their audience.
Ultimately, you benefit from top-notch support, a more attractive range of payments, and promotions that make you feel like a VIP in what are safer Canadian crypto gambling websites than ever.
Financial regulations limit standard gambling websites. This is why they are so slow and inefficient.
That’s why, on these gambling websites, your deposit and withdrawal amounts are very limited, with slow transactions.
Although the best crypto gambling websites in Canada are regulated (by the Curacao Gaming Authority most of the time), they are subject to less financial regulation.
This means you could receive immediate payments and limits you can live with.
We have found a few top Canada crypto gambling websites that have NO limits on deposits and withdrawals, and you get your money almost instantly. You never get this kind of service from a traditional gambling platform.
Of course, remember to consider the time it takes for the various blockchains to process the transactions.
The answer is ‘yes,’ but the entire process of gambling on Canadian cryptocurrency gambling website markets in Canada isn’t straightforward.
While there are few issues surrounding the use of cryptoassets, Canadian residents face some restrictions with gambling websites.
Thankfully for Canadians who enjoy gambling websites, the government has made a major move in the industry’s favor.
Broadly speaking, it is legal to use cryptocurrencies in Canada for any purpose.
Like virtually every other country, Canada doesn’t recognize crypto as legal tender, yet you can use it like fiat to make online purchases.
Cryptoassets are commodities according to the Canada Revenue Agency (CRA), so if you earn money from cryptos, you have to pay taxes as you would on business income.
The CRA has taxed cryptocurrencies as such since 2013, and Canadian tax laws apply to digital currency transactions.
Also, exchanges that trade cryptocurrencies must register with FinTRAC, the government agency in Canada that handles financial crimes.
Like its southern neighbor, Canada sees digital asset exchanges as money services businesses, so they must obey anti-money-laundering regulations.
Consequently, such companies have to comply with a wide variety of laws, including maintaining detailed records.
From a Canadian’s point of view, these regulations keep them somewhat safe if they use reputable exchanges.
Most exchanges are against the use of their platform to transfer funds to/from crypto gambling websites in Canada.
Some will freeze your funds and close your account if they learn that you’re using their services to deposit on Canada crypto gambling sites.
Believe us; it is simple for them to get this information. Want to know how? Let’s find out.
Top-rated exchanges can track transactions on the blockchain by using blockchain forensics software.
It is very hi-tech stuff, and a few of these exchanges proved it by sending us notifications.
So, what is the top-rated exchange if you want to get involved with CA gambling sites that accept cryptocurrency?
In our view, Binance is the obvious answer.
Binance is the largest exchange globally, and they allow users to gamble on Canada crypto gambling sites.
As well as being the biggest, it is also the best exchange: it offers low fees, rapid withdrawals, excellent security, more currency pairs than other exchanges, and much more.
This exchange allows its clients to begin gambling on Canada crypto gambling sites easily.
Recent research suggests that the global gambling industry generates annual revenue of over $700 billion.
This is no surprise given the incredible range of options provided by Canada cryptocurrency gambling sites.
If you like excitement, you’ll love the great casino games, sporting events, and poker tournaments on Canada crypto gambling sites.
Users of Canada cryptocurrency gambling sites also have a dizzying number of choices relating to markets, staking methods, and more.
The online casino sector makes up a significant proportion of the gambling industry.
Canada crypto gambling companies cater to all tastes by providing classic games such as baccarat, blackjack, and roulette.
The European wheel has 37 numbers (one zero) in roulette, but the American version has 38 (two zeroes).
In blackjack, you win by beating the dealer’s score while getting a maximum total of 21.
The goal of baccarat is to earn nine points, or as close to it as possible, and have a higher score than the opposition player or banker.
If the three legendary games above don’t interest you, there are many other options on Canada cryptocurrency gambling platforms, such as craps, keno, and bingo.
The sports betting industry has enjoyed a meteoric rise in popularity and revenue.
Now that online gambling is the new wave, Canada crypto gambling sites are getting heavily involved.
It is easy to find sports markets online worth staking cryptocurrency on.
The most popular options offered by Canada cryptocurrency gambling sites include NBA basketball, soccer, golf, and athletics.
Once you choose a sport, the next step is to analyze the dozens of markets, including scoring props and individual performance.
Depending on the market, Canada cryptocurrency gambling sites could have an edge of up to 10%, which spells bad news when trying to win consistently.
The online version of poker grew with the gaming sector and is now a huge and respected part.
Canada crypto gambling websites offer many types of poker, including classic 5-card stud and Texas Hold’em.
If you’re looking for worthy rivals, you’ll find them on the tables of Canada crypto gambling websites.
There is also the possibility of winning a fortune by coming first in a mega online poker tournament hosted by a Canada cryptocurrency gambling site.
Canada cryptocurrency gambling website games are different from what happens at physical tables; online poker provides:
More hands per hour
A higher level of opposition
Larger pre-flop pots
A lack of facial expressions to read
The chance to enter games on more than one table at a time
If the above sounds good to you, register with a Canada cryptocurrency gambling site today, and see if you can beat the world’s best poker experts.
Here are some essential factors when looking for the best Canada crypto gambling website.
Don’t make the mistake of registering and adding money before finding out that you’re not allowed to do so in your country.
This isn’t an issue if you use legit cryptocurrency betting platforms in Canada because most of them won’t permit you to register, let alone add funds if you come from a country where its service is prohibited.
Unfortunately, this isn’t always the case. Some low-grade Canadian crypto gambling sites enable you to register and put money into your account, and all seems well until you enjoy some success and try to withdraw the money.
Then these Canada cryptocurrency gambling sites decide to ask for account verification. To your horror, you’ll find that your account is suspended, and you have no access to your money.
This is why you must stick with Canada crypto gambling sites that allow people from your country.
If you decide otherwise at your own risk, make sure you gamble on trustworthy and legit Canadian cryptocurrency gambling sites that allow for more anonymity.
Focus on good Canada crypto gambling sites that won’t keep your money if they discover that you’re gambling illegally.
Stake is one such site.
This is another crucial aspect to take into account when selecting your Canada crypto gambling site.
In general, crypto transactions are quick, carry low fees, and have no central authority to answer to.
It is mainly a good thing, but one downside is that your cryptocurrency transaction is final.
With no central authority, you’re unlikely to get your money back if you get ripped off.
Therefore, it is essential to pick Canadian crypto gambling websites known for their legitimacy.
And that’s also why the reputation of Canada cryptocurrency gambling sites holds such a significant role in our ratings and rankings.
To save yourself some time, have a look at our Canada cryptocurrency gambling sites reviews to make sure you only gamble on safe Canada crypto gambling sites.