Bitcoin Casinos Casino Deposit Method

Bitcoin is part of the digital era we find and has come to be one of the most innovative digital currencies of the decade. For players in Canada, this is just as true, with the currency providing a safe and easy way for casino players all around the world to fund their casino accounts. Although this is a rather new currency on the market, we are seeing a rapid growth daily of casinos that offer this transaction method. Take a look at our list below of all casinos that currently offer Bitcoin, that we at Casino Top have reviewed... Show More

Bitcoin Casinos, what are they?

These types of casinos are online casinos that offer this digital currency as a payment method. The actual currency, BTC, is a so-called cryptocurrency that has seen a huge increase of interest in the last couple of years. The main difference between this currency and other currencies like the Euro, Pound or Dollar, is that BTC doesn’t belong to a bank, and its value is determined using a ‘peer-to-peer’ marketplace. In order to ‘buy’ with this cryptocurrency, the buyer or seller needs to transfer Bitcoin using specific currency addresses. You will be able to find Canadian online casinos that are exclusively using Bitcoin as their means of finance, as well as casinos who only used traditional means of transactions but that are now offering this currency as an option for funding an account. Nowadays the latter is called a ‘hybrid casino’, as most will accept transactions with Bitcoin for both deposits and withdrawals, but the funds will be converted to a traditional currency as soon as you have made your deposit.