Digital Database for Canadian Bitcoin Casinos Online

Digital Database for Canadian Bitcoin Casinos OnlineIt’s been more than a decade since the Bitcoin craze first began. It started as an anonymous way to move money, avoiding the prying eyes of government or big business. What it’s evolved into is something far greater – something almost ethereal, but not without tangible value. Not only has the crypto-currency movement presented one of the most exciting investment opportunities since the turn of the millennium, it’s generated an entirely new class of internet gaming in the form of Bitcoin casinos. Canada gamblers have responded affably to this new digital gaming option, so much so that we’ve decided to create an integrated database of information dedicated exclusively to the topic of Bitcoin online casinos.

We welcome you to explore this website at your leisure, and hope that you’ll find its resources invaluable. You’ll find a plethora of topics available – everything from the history of cryptos, to how blockchain technology works, to a current list of all major digital currency brands. But let’s not rush too far ahead, too quickly. Unless you’re already familiar with Bitcoins and other crypto-currencies, you’ll need to crawl before you can walk.

Need to Know: Most Common Questions Answered

Let’s start by answering the most commonly asked questions. If you’re experiencing any trepidation about the trend towards digital monetization, this section should help set your mind at ease. We’ll start with the most obvious question of all.

  1. What is Bitcoin, or any digital currency for that matter? The easiest way to describe crypto-currency is as money that exists only in the digital realm. Instead of coins and paper bills, Bitcoins are computer files. Those files are stored in digital wallets, and can be sent, or transferred, from one person’s digital wallet to another. We know where each computer file is, and where it’s been, by keeping track of them on a blockchain.

  2. What is a Blockchain? You know how hotels used to keep track of all their guests by writing their names in a ledger, or log book? A blockchain works the same way. It is a ledger that keeps a digital record of every single transaction. If you’ve sent or received Bitcoin, there’s a record of it on the blockchain.

  3. Is Bitcoin still anonymous? Yes. The blockchain does not record names, addresses, social security numbers, or any other identifying information. It only records the Bitcoins and the digital wallets they move between. For this reason, it’s imperative that you keep up with your login details for your digital wallet. You won’t be able to ‘prove it’s yours‘ based on your identity.

  4. Is gambling online with Bitcoins safe? Yes, so long as you do your homework. Due to the anonymity factor, you’ll want to make sure the online casino you choose to do business with is legitimate. You can’t rely on licensure alone, since all the strict jurisdictions are off limits. Instead, you have to look for an operator with a stellar reputation and long-standing track record for customer satisfaction. See our section on Legitimate Bitcoin Casinos Canada for more information.

  5. What casino games can I play with Bitcoin? Any casino game you would expect to find in a land-based gambling hall can be played online with Bitcoin. Slot machines, video poker, blackjack, baccarat, roulette, casino hold’em, big six wheel – you name it, Bitcoin casinos provide it.

Want to learn more? You’ll find these questions and many more answered in far greater detail in our complete Q&A section:

Betting with Bitcoin Casinos in Canada

The attraction for Bitcoin gambling goes beyond the intrigue of cryptocurrencies. Some of you are experienced iGamers, with little or no knowledge of Bitcoin. Others may be familiar with crypto and blockchain technologies, but have no past experience with online gambling. Or, maybe your curiosity surrounds an unfamiliarity with both cryptos and iGaming. Whatever the case, we’ve got the information you need to make an informed decision as to whether Bitcoin casinos are right for you.

Gambling with Bitcoin isn’t exactly the same as using fiat money. Bitcoin casino games are a little different – not necessarily in a bad way, just different. Bitcoin casinos are a little different, too. The links in this section will teach you about the diversity of games, and the casinos that offer them.

Dealing in Crypto – Buy, Sell, Exchange

You can’t touch or hold it, but by all other standards, cryptocurrency is real money. You can earn it, spend it, and exchange it on various markets. At today’s rate, mining Bitcoin can be extremely lucrative, without the risks associated with investing. 

Like any fiat currency, the value of crypto ebbs and flows, albeit at a more volatile rate. Bitcoin’s value can rise or fall by hundreds, even thousands of dollars, in a matter of hours. Many investors love it, but it’s not for everyone, which is why we often recommend other, less volatile forms of crypto for gambling online, such as Bitcoin Cash (BCH), Litecoin (LTC) or Ethereum (ETH).

Secure Gambling with Anonymous Payments

Depositing fiat money at an online casino is easy enough, if you’re willing to supply all your personal information. When it comes time to withdrawal, the demand for identification verification increases tenfold. Government issued ID, utility bills, bank statements – they want so much information, if the gaming operation isn’t 100% legit, you’re handing over everything they could possibly need to steal your identity. Bitcoin and altcoin gambling provides a level of anonymity that guarantees your security.

Deposits are quick and easy, requiring nothing more than the copy/paste of a digital Wallet ID. Withdrawals are just as simple. Payments are digitally recorded and tracked on a crypto blockchain, requiring no sensitive personal information. The following links will teach you everything you need to know about opening a crypto wallet and separate crypto exchange account, as well as depositing and withdrawing coins from crypto casinos.

The Legality of Bitcoin Casino Gambling

At this point, you’re probably wondering if this is even legal. I can assure you, it is. Canadian players are well within their rights to gamble over the internet, not just at their local, provincially regulated online casinos, but with internationally regulated gambling websites; not just the fiat money casinos, but crypto casinos, as well. You don’t have to take my word for it, though. We’ve compiled a full document that details why Bitcoin casinos are legal in Canada.

Demystifying the Legality of Bitcoin Casinos in Canada

Best Bitcoin Casinos Canada

We know it’s legal. We know the anonymity factor makes it highly secure. But that doesn’t mean every Bitcoin casino can be trusted. When betting with an offshore operator, it is the responsibility of the player to ensure they are doing business with an upright operator.

Because cryptocurrency is not regulated by any central government, Bitcoin casinos are not regulated the way fiat money operations are. You won’t find any BTC casinos boasting a license from the highly respected UK Gambling Commission. These websites rely on the general regulatory guidelines of jurisdictions that do not interfere in B2C relations. Thus, reputation is everything when it comes to choosing the best Bitcoin casinos in Canada.

There are currently more than 600 Bitcoin casinos accepting players from various locations all over the world. That’s a lot of operators to investigate. We’ve already done a lot of the leg work, and in our research, we’ve found a lot of evidence of rogue behavior. Unfortunately, there appear to be a lot more untrustworthy crypto casinos than there are good ones. So far, there are only three Canadian BTC casinos we feel comfortable recommending to our readers. We’ll update this list in time, if and when we discover more legitimate options. Until then, please click on any of the operators listed below for a complete, unbiased review of services.

The Best Canadian Bitcoin Casino for 2021

Review of Playamo Bitcoin Casino, Where BTC & Fiat Betting CollidePlayamo is a specialty casino tailored to players wishing to utilize bitcoins and play in a safe and anonymous manner. It caters to Canadians who use cryptocurrencies and also traditional cards like Visa/ Mastercard. Check the Playamo Canadian deposit options page ->here<- to see if your deposit modality of choice is accepted. Highly trusted, secure, and one of the select few Bitcoin enabled casinos that actually has a license, under Curacao.

Visit http://PlayAmo.com 

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