More and more Canadian online casino players are starting to turn toward the idea of crypto casinos. While there are a multitude of reasons why these players are looking towards crypto-based platforms, we’ll take a look at a few of the most popular reasons here.
Crypto is More Popular
Just a couple of years ago, there wasn’t really that much ‘real world’ use for cryptocurrencies. You could speculate on the currency, which many people did. The problem was that there wasn’t really anything to spend it on. Well, outside of a few illegal things. This has now changed. While there still isn’t widespread use of cryptocurrencies (i.e. you can’t head to your local shop and spend the cash), there are some major ways to spend it. This includes online casinos.
A lot of people in Canada are now starting to see the real-world benefits of having crypto. And conversations are happening beyond mere speculation on the cost. People are now using the currencies, including for online casinos.
It is also important to note that, before, people saw cryptocurrency casinos as scams, and to be fair, there are a lot of crypto scams out there. However, people are now starting to wake up to the idea that not every crypto site is a scam. In fact, most of them are not. Since people feel much more comfortable gambling there, that’s what they do.
Larger Crypto Casino Choice
There are loads of BTC casinos in Canada nowadays, which, of course, means that people are more likely to stumble across one to play at. The large number of online casinos that now support cryptocurrency deposits and withdrawals means that you are much more likely to find a platform that suits your needs down to a tee.
More Game Options
A lot of crypto-based online casinos are based outside Canada (we’ll discuss more about that later). This means that some of them have some incredibly unique game options in place. Games that you will not be able to find at Canada-based online casinos for numerous reasons. This is especially true when it comes to online slot machines.
Obviously, a lot of gamblers love to dabble with the types of games they are playing. They are always clambering for something unique and playing demos of the latest games. A lot of online casino players have worked out that crypto-based websites offer the best selection of games. Thousands upon thousands of them, in fact. This means that you can always play something unique.
Faster Deposits & Withdrawals
While we wouldn’t necessarily say that standard withdrawals at online casinos in Canada are slow, we will tell you that transactions made through cryptocurrency online casinos are a whole lot faster. In most cases, there should also be no fees tied to the withdrawal.
Deposits and withdrawals should be instant. This means that once you’ve verified your identity (if the online casino requires this, not all do), you’ll have the money in your account within a couple of seconds. Simple. This means that if you win a hefty sum of cash, you won’t have to wait ages for the money to be withdrawn, although you might want to check the terms and conditions of a platform. Some will have limits in place to help prevent money laundering.
Greater Privacy
In most cases, online casinos will need to check your identity at some point. It is part of their licensing requirements. However, this should be the extent of their checks.
One of the major benefits of playing with cryptocurrency is the fact that it is completely anonymous. Your name will not be tied to any transaction. Nobody will be able to see where the money is moving to, or where it has come from. This means that nobody will be able to see that you’re gambling with your cryptocurrency. Some people like this level of privacy.
Because many online casinos that support cryptocurrencies are located outside Canada, you’ll also find that their actual identity checks are much more limited than those of casinos based in Canada, which means more anonymity if you want it.
Borderless Access
Cryptocurrency-supporting online casinos tend to be borderless. This means they support players from all over the world. They will also be based outside Canada, which means that they do not have as many restrictions placed on what they can and cannot do. Although, of course, you will want to ensure they are licensed in a country that has a decent reputation on the gambling scene. You don’t want to play at an unlicensed online casino, as you’d be setting yourself up for a world of problems.
This is why you are able to find cryptocurrency online casinos that offer a larger selection of games. Some game providers don’t offer certain games in Canadian casinos, so this is the best way to access them. You may also find that you have much greater access to live casino games, which a lot of people love to play nowadays.
Generous Bonuses
We have found that some cryptocurrency online casinos have some great bonuses in place. In fact, more and more online casinos are starting to tie their casino bonuses to depositing certain cryptocurrencies. We know how much people love their bonuses.
A word of warning, though. When you’re looking for an online casino and checking out those cryptocurrency bonuses, try to avoid bonuses that seem a little bit too good to be true. Bonuses should be generous. They shouldn’t be unbelievable. That’s how you get scammed. You’ll also want to read through the terms and conditions for the bonus to know what you’re getting yourself into.
Final Thoughts
Canadian players are now turning toward crypto casinos for a variety of reasons. For some, it may be because they are starting to see the merits of crypto gambling. For others, it may be because they enjoy a greater game selection, and others may enjoy the increased privacy. No matter what your reason for gambling using crypto, make sure you do your research to ensure you’re gambling somewhere reputable.