The Canadian Securities Administrators outlines several crypto exchanges that are authorised to do business with Canadians.
Faster deposits and withdrawals
Canadian players who seek faster, cheaper, and more anonymous payments increasingly opt for crypto casinos. Cryptocurrency payments are not permitted at AGCO-licensed online casinos, but there is a growing range of sites that accept players from Canada and allow them to use Bitcoin or any other cryptocurrency. This page contains information on the best crypto casino sites active in Canada and how players can choose the right one.
Bitcoin and crypto casinos are especially popular among players who value privacy. Blockchain networks are completely decentralised, so players are not bound by the same waiting times and transaction fees. Here are a few factors to consider before starting to play Bitcoin casino games:
Crypto ownership in Canada: According to data published by the Bank of Canada in 2023, about 10% of Canadian residents owned Bitcoin, which makes it the most popular digital currency.
Not accepted at domestic online casino sites: Regulators such as AGCO in Canada don’t accept cryptocurrencies for payment methods. Crypto is not a legal tender in the country.
Popular cryptocurrencies for online gambling: Bitcoin, Ethereum, Binance Coin, and Ripple lead the way in market cap, and they are accepted at all reputable crypto casino sites from abroad.
Stablecoins on the rise: Stablecoins are not as volatile as some of the other cryptocurrencies, so Canadians prefer stablecoins as a reliable medium of exchange and payment method.
Different provinces can offer various online gambling options in Canada, but for gambling online with cryptocurrencies, offshore casinos are the only options. To make sure our readers only have access to reliable and safe online Bitcoin casinos, we make sure to review them based on the following criteria.
Some of the most renowned regulators that issue licenses to casinos available in Canada are MGA, Curacao, Anjouan, and Kahnawake. Such regulators impose strict security standards, AML policies, and responsible gambling principles for all licensees.
SSL encryption is the security standard across the gambling industry, and it protects players’ transactions and sensitive data. Our experts complete the entire transaction flow to understand whether it is user-friendly, fast, and inform our readers of any possible delays or fees.
We examine the range of both RNG-powered and provably fair games, alongside the partner game providers. Diversity is important if the casino is to meet players’ expectations, but we also focus on the UI of the game lobby by carefully examining game categorisation and filtering options.
We examine bonuses at Bitcoin gambling sites based on their terms and conditions. We value transparency and fairness, with clear rules for players to follow to eventually monetise the bonus money. If there are any crypto-specific bonuses, we make sure to highlight them for our readers.
Any crypto gambling site can update its terms, add more games, and introduce different bonuses valid for a certain period. We make sure to update our sections and only publish official information, as stated on the website of the operator.
Cryptocurrencies are heavily regulated in Canada, as they are treated as property, commodities, or securities. Users can buy and sell digital currencies in the country, but only at authorised crypto platforms that follow AML and KYC policies. Despite this stringent regulation in place, unlike the Canadian dollar, cryptocurrencies are not considered legal tender, so they are not accepted as payment methods in domestically licensed online casinos.
Online crypto casino sites that operate in Canada have international gambling licenses. Provincial authorities, such as the Alcohol and Gaming Commission of Ontario, set standards for licensed operators within their jurisdictions, but these regulations do not contain provisions regarding the use of cryptocurrencies.
The legal gambling age at most offshore casinos is 18 or 19, which falls in line with requirements in Canadian provinces. Online crypto casinos can verify players’ age by requesting them to complete a KYC process.
Locally-licensed traditional online casinos in Canada must comply with advertising standards such as not promoting gambling as a financial solution. Offshore casinos can bypass these requirements, but some provinces in Canada can blacklist them and restrict access.
In Canada, personal gambling winnings, including those from crypto casinos, are not subject to income tax, meaning casual players can enjoy their winnings without reporting them. If it needs to be taxed, this would only apply to professional gambling businesses, such as professional poker players, who earn their income primarily from gambling activities. In those cases, earnings are treated as business income and must be reported on tax returns.
Cryptocurrencies have eliminated some of the disadvantages that come with using fiat payment methods. The growing acceptance and popularity of cryptocurrencies at Canada-facing online casino sites can be attributed to several factors.
The usage of crypto casinos in Canada can greatly vary depending on provincial regulations and gambling preferences. Here is how crypto casinos are adopted in different Canadian provinces.
Crypto and traditional casinos have striking differences, which make them suitable for different categories of players. Here are a few important points that highlight how they differ.
Faster deposits and withdrawals
Slower processing times with traditional payment methods
Cheaper transactions on blockchain networks
Bank transfers and e-wallets all have transaction and currency conversion fees
No local crypto casinos in Canada
Most provinces have at least one licensed casino
Provably fair games
RNG games certified by independent testing agencies
Higher transaction limits on average
Lower deposit and withdrawal limits
Cryptocurrencies provide much faster, more anonymous and cheaper transactions compared to the likes of Interac, bank transfers, or credit cards, so their appeal to players in the online gambling industry is obvious. Reliable crypto gambling sites accept dozens of digital currencies, but here are a few of the most popular ones in Canada.
Bitcoin is the leading cryptocurrency in market cap, and it is the most widespread across online gambling platforms. Its global availability is one of the factors why players most often use it to get bonuses and make casino withdrawals.
The Ethereum network produces new blocks every 12 seconds on average, which is much faster compared to Bitcoin’s 10 minutes per block. The complex smart contracts can increase the fees with ETH transactions, but players often adopt them for their speed and reliability.
Tether is a stablecoin that has its value pegged to fiat currencies, like the US dollar. All Tether tokens are backed by its fiat reserves, so this digital currency offers much more stability compared to standard crypto payment methods.
Bitcoin Cash operates very similarly to Bitcoin, as it uses PoW mining and a decentralised blockchain. The core difference is the speed: Bitcoin Cash has a bigger block size that allows more transactions, which subsequently leads to lower fees and quicker confirmations.
Depositing and withdrawing with crypto is a different process from what you might be used to in traditional online casinos. Here is a guideline you can follow to make transactions with any digital currency.
The Canadian Securities Administrators outlines several crypto exchanges that are authorised to do business with Canadians.
Canadian crypto casinos can offer different types of deposit and no-deposit bonuses for both new and existing players. Subject to availability, most offers fall under one of the following categories.
Welcome Bonuses
Welcome bonuses in Canada-facing casinos are offered to newly-registered players who make qualifying deposits. Such promotions can either contain one deposit bonus or come as a welcome package matching several deposits made by players.
Free Spins
Free spins can be part of welcome bonuses, but casinos may offer them as standalone promotions for existing players. Most Canadian free spins bonuses and promotions require players to make qualifying deposits, and winnings are subject to wagering requirements.
Cashback Bonuses
Bitcoin casino bonuses in the form of cashback deals in Canada allow players to recoup some of the losses when playing a certain category of games in a predefined period. The exact cashback percentage can vary, depending on the player’s VIP status.
Reload Bonuses
Reload bonuses are usually matched deposit bonuses for existing players. Such promotions can have a similar structure to welcome deposit bonuses, but they are recurring offers that may be valid for shorter periods.
For a more balanced overview of crypto casinos in Canada, here is a table that shows both their positive and negative traits.
The most reliable crypto casinos that operate in Canada will often have vast game libraries containing thousands of different titles, which are mainly grouped in the following categories.
Crypto slots usually dominate game sections at online casinos. Slot sites in Canada offer various formats: from 3-reel classics without any additional features, all the way to complex Megaways slots and progressive jackpots.
RNG versions of popular card and table games feature in most offshore casinos that accept cryptocurrencies. These are appealing games due to their lower house edge compared to slots, and due to their RNG nature, they can be played in demo mode.
The likes of Evolution Gaming and Pragmatic Play have a strong presence at Canada-facing live casinos. Live dealer versions of table and card games, alongside game shows, offer real-time interaction and gameplay through live streams and chat functionalities.
Crash multiplier games require players to bet on a rising object that is accompanied by a multiplier. The object will crash at a random multiplier value, and players need to cash out before it does. The provably fair technology can be used to manually verify the fairness of each game round, and it is found in other variants like dice games, keno, plinko, and scratchcards.
Responsible gambling principles don’t change, regardless of whether you play at a traditional or a crypto casino.
Both the gambling and crypto sectors constantly evolve in Canada, so the near future is likely to bring a couple of important developments. Here is what we predict the next couple of years will bring to the table.
Relevant regulators in Canada monitor all gambling and crypto sectors across provinces in Canada. In August 2025, FINTRAC placed a $1 million fine on BCLC for non-compliance with the Proceeds of Crime and Terrorist Financing Act. Crypto exchanges were not spared either. FINTRAC also slapped a gigantic $176.9 million fine on money services business Xeltox Enterprises Limited for breach of AML rules. KuCoin was also subject to a $14 million fine over AML failings, so increased regulatory scrutiny is surely on the horizon.
In November 2025, Canada introduced the Stablecoin Act that includes requirements for stablecoin issuers to register with the Bank of Canada, adopt specified policies, maintain a 1:1 reserve or liquid assets with a qualified custodian, and comply with verification requirements. This might just be the jumping board for online casinos across provinces to adopt digital currencies as their payment methods.
There are no specific crypto gambling laws at the moment, but the increased regulatory scrutiny by FINTRAC and provincial regulators like Ontario, alongside the new proposed Stablecoin Act, means that there might just be changes coming in the near future. Until then, players will need to rely on licensed international casinos to play crypto casino games and make fast, anonymous, and cheap transactions with the likes of BTC, LTC, and ETH.
Since Canadian federal laws don’t recognise cryptocurrencies as legal tender, domestic operators don’t accept crypto payments. Offshore casinos operate in a grey area, so players won’t break any laws accessing them.
Some of the most used digital currencies for gambling in Canada include Bitcoin, Litecoin, Ethereum, Dogecoin, and Tether, which is a stablecoin.
You can scroll to the footer of its website and try to find its licensing information. Then, just cross-reference that data with the official regulator’s database and see whether the licence is valid.
Yes, licensed exchange platforms in Canada like Coinsquare and BitBuy allow users to pay for cryptocurrencies with CAD.
The new Stablecoin Act should come into force in 2027. It may be the first step towards a more regulated crypto gambling scene in the country.