Best Bitcoin Casino

What is the legal status of Bitcoin Casino in Canada?

The essential thing to clarify is that it is legal to play in Bitcoin casinos in Canada. Federal laws do not mention anything that prevents you from playing on online gambling sites. In addition, on online casinos, there have been no precedents concerning players who have played illegally.

Please note that local laws in Canada may vary. If your city or jurisdiction prohibits gambling, this also applies to online casinos. Federal laws also do not allow you to operate an online casino based in Canada. However, you can feel free to play on foreign-based gaming platforms without any legal risks.

Bitcoin Casino – An overview

Bitcoin online casinos are internet gambling platforms where you can use this cryptocurrency. Bitcoin is therefore a form of payment. But unlike fiat currencies used in everyday life, such as the Canadian dollar, bitcoin is a digital currency. You can use it as a form of online payment for various goods or services, including funds for use on gambling sites.

Cryptocurrencies like BTC offer decentralization. No government monitors their use, which partly explains their popularity. If you find a casino that accepts bitcoins, the actual transactions will not vary much from those of fiat currencies. You will give different information when depositing or withdrawing funds. However, the gaming experience will be the same. You will be able to enjoy all the games available in this casino and all the other functions offered.

Bitcoin Casino - How does it work?

There are two types of Bitcoin Casinos in Canada available to players. The first is a bitcoin-only gaming platform. These sites only accept bitcoins or other cryptocurrencies. They don't treat fiat currencies like the US dollar or the Canadian dollar at all. You deposit, withdraw and play with cryptocurrencies. These platforms are not as frequent and you may have to invest some effort to find them.

The majority of BTC casinos allow you to deposit and withdraw funds with cryptocurrencies. However, they ask you to place bets in CAD, USD or another fiat currency. It works as follows: you add BTC to your account. The system converts this value into USD and you enjoy the casino games. Once you are done, you can request a withdrawal in bitcoins. The website will convert the funds again and pay you BTC.

Criteria we use to evaluate online casinos

What makes a Bitcoin casino reliable and how to confirm that it is worth visiting? We use proven and important criteria for players when ranking online gaming platforms. Here is an overview of these criteria!

Licenses and security

The first thing to check is that the chosen casino is legal. To do this, you need to confirm that he has a valid gaming license. The Kahnawake Gaming Commission is a reputable authority based in Canada. Other trustworthy licenses include those issued by the UK Gambling Commission, the Malta Gaming Authority, the Government of Curaçao, etc.

The licenses confirm that the casino is legal, but it must nevertheless apply security measures to offer a secure gaming environment. This includes the SSL protocol (secure socket layer) or another form of protection of its servers. In addition, encrypted transactions ensure that your financial information remains safe at all times.

Welcome bonuses and loyalty promotions

From the players' point of view, there are never enough bonuses. That is why we offer you an online Bitcoin casino with advantageous welcome offers and promotions for loyal players. Some platforms may not even require you to deposit funds to receive a bonus. It is more common, however, to get a deposit bonus and free spins.

As for loyalty programs, they will quickly convince you to become a loyal customer of our site. Here are the promotions you can expect :

Additional points : This is a loyalty program where you earn points for each bet. Depending on the site, you convert them into money at different rates.
VIP Levels : This program is ideal for regular players, because you have different ranks depending on the bets placed in the casino. Higher ranks offer benefits such as cash discounts, bonuses on deposits, etc.
Competition : The most common are slot machine races. They guarantee prizes to the players who invest the most in a particular game during the tournament.

Other cryptocurrencies offered

A Bitcoin casino often supports other cryptocurrencies. If you are a fan of these payment methods, you will appreciate the greater number of options offered. The number of supported cryptocurrencies rarely exceeds ten. You will frequently see Ethereum, Monero, Dogecoin and several other popular choices. Bitcoin Cash is also available, but please note that it is a different cryptocurrency from BTC.

6 reasons to test a Bitcoin casino

Are you still wondering if finding a Bitcoin casino in Canada is a good idea? There are many reasons why you should try BTC gambling sites. Here are just a few of their advantages!

Instant deposits

Some deposit methods, such as bank transfers, take several days to transfer funds to your account. BTC transfers used to take longer, but these deposits are now immediate. This means that the funds that you add to your account are available immediately. As soon as you have completed the transaction, you will be able to start playing your favorite casino games.

Enhanced confidentiality

If you are making a deposit with a debit or credit card, you must enter the card details. The transaction will also be visible on your bank statement. Some players do not want the game platforms to appear in this list. That is why Bitcoin casino offers you privacy. You just need to add the address of your BTC wallet. It is not necessary to enter sensitive data, which guarantees maximum anonymity.

Decentralized currencies

Decentralization means that bitcoin does not belong to any government or financial authority. This means that there is no third party in cryptocurrency transactions. No one can monitor your transfers or have access to them. This contributes to the general anonymity that you benefit from when using cryptocurrencies. Decentralization has another important advantage. There is no risk that someone could infiltrate the centralized database, and steal the funds and sensitive information of thousands of users.

No deposit and withdrawal fees

Deposits in online casinos are usually free and this is a trend that bitcoin investments maintain. However, they go even further. Withdrawals are also free for these payment methods.

If you withdraw via a credit card, the bank may charge a fee. But there is no third party in bitcoin transactions. This means that there is no need for additional costs. It guarantees that you will receive the entire amount that you withdraw.

The verification process

BTC casinos have a minimal transaction verification process since they focus on anonymity. Transactions require providing the address of your Bitcoin wallet. However, the platforms still provide secure payment gateways to ensure that everything goes smoothly. The gambling operator can also honor the KYC and other programs focused on the prevention of money laundering. That is why, he may ask you to verify your identity in accordance with the laws in force.

Offered worldwide

The payment methods vary greatly depending on the location. You will find the same electronic wallet available in some countries and unavailable in others. This is not the case with bitcoin. Cryptocurrencies are available everywhere and accessible to everyone. If you are a frequent traveler, this guarantees that you will be able to make deposits to your account, regardless of the location.

Factors to consider when choosing the best Bitcoin casino

You can find many Bitcoin casino platforms available for Canadian players. It's a matter of choosing the one that suits you best, but how do you do it? Here is a quick guide to the factors to analyze during the selection process!

Game conditions valid for all players

Games offered by reputable developers are often a guarantee of equal playing conditions for all. It is useful that the platform has a certificate, such as that of eCOGRA. It ensures that the random number generator (RNG) of the casino software works fairly. Thus, all players are treated equally and have the same chances of winning prizes.

Valid licenses offered

The casino must have a license issued by a reputable gambling authority. These licenses are temporary and renewable, as the platform must continue to comply with laws and regulations. That is why, you must check the validity of the current gaming license. You will often find the license information in the footer of the website.

Reliable customer service

There are several ways to reach the customer service of Bitcoin casinos :

Live chat : This is a direct option to talk to customer service agents. The working hours depend on the platform.
Telephone assistance : You can also chat with customer service by calling them.
E-mail : Although it is the slowest, it is another way to reach the staff.

The agents must be well informed and respond quickly to your questions.

Terms of payment

It is common for Bitcoin casinos not to charge for deposits or withdrawals. You should stick to these platforms when checking the payment terms. Another crucial term is the minimum amount needed to complete the transaction. This amount varies and is usually lower for deposits than for withdrawals. Some casinos indicate the value of the BTC that you must invest or withdraw in CAD.

A step-by-step guide to using bitcoins in online casinos

Are you ready to try BTC casinos? The deposit process is easy and you will be able to start playing in a few minutes. Here are the steps to follow to use bitcoin on online gaming platforms!

Step 1

Find a Bitcoin wallet to store your currency

If you own BTC, chances are you already have a wallet to store it in. For security reasons, you should consider getting another wallet to use at online casinos. In this way, you can transfer to this wallet only those bitcoins that you plan to invest in gambling sites. This minimizes the risk of losing all your currencies if something goes wrong. It is also a smart solution for budget management and it complies with the rules of the responsible game.

Step 2

Add bitcoins to the wallet

Once you have created a wallet, it's time to add BTC to it. You can check the minimum deposit amount at your favorite online casino. Make sure you have enough funds in your wallet. Do not forget to check the possible welcome bonuses on the gaming platforms. You might want to invest enough BTC to activate deposit matches and other bonuses.

Step 3

Register at the online casino of your choice

Whether you want to invest in crypto or fiat currency, you will need an account on your favorite gambling site. The registration process requires filling out a form with your basic information. This is similar to registering on social networks or any other website. Once you have accessed your profile, it's time to deposit funds.

Step 4

Choose bitcoin to deposit funds

Find the Cashier section in the online casino menu. You must select the deposit option to see the payment methods offered - select Bitcoin as the preferred deposit currency. The system will display a screen where you will need to enter the address of your BTC wallet and other relevant details. Complete the transaction and wait for confirmation.

Step 5

Enjoy your favorite games

Once the funds are in your account, you can start playing your favorite games. If you have an applicable bonus, the casino can assign it automatically. Be sure to check if you need to contact customer service to activate your bonus. If you're ready to play, explore the categories and genres and find your favorite titles!

Which bitcoin wallets and exchanges to use for crypto-casinos?

If you have tried a free Bitcoin casino and liked the gaming experience, you may be ready to get down to business. You can use different BTC wallets to deposit funds on gambling sites. Here are the most popular choices!

Online wallets

If you choose a web wallet, all your private keys will be on a server. This is convenient, because you can access your BTC from anywhere. However, it is essential to choose a reliable provider to avoid any violations. Here are the users' favorite wallets!

Exodus

Exodus supports more than 100 cryptocurrencies. The acquisition of BTC is free, but the exchange of assets is paid. Exodus works as a mobile and desktop wallet to ensure cross-platform support. It is even compatible with the Trezor hardware wallet. The software is easy to use and the learning curve is minimal.

Electrum

Electrum is another wallet, synonymous with web-based units. However, Electrum is as secure as possible. You can enable two-factor authentication and it supports multiple hardware wallets. The cold storage function allows you to make payments from an offline computer. Electrum is suitable for seasoned users, as it comes with some premium features.

Mycelium

Mycelium has been around since 2008. The advantage of this electronic wallet is that it can be downloaded for free. The software supports the use in complete confidentiality and guarantees compatibility with several hardware wallets. Mycelium started by offering BTC, which has remained its main currency until today.

Wasabi

Wasabi has an interesting function that allows you to join BTC with other users in a single transaction. This makes it more difficult for hackers to track down your wallet. Apart from that, Wasabi is a rather classic online wallet. You can use it on Windows, Linux and Mac, but there is currently no support for mobile phones.

Trust Wallet

This is the official cryptocurrency wallet of the famous Binance exchange. It is easy to use a credit card to acquire BTC using the Trust Wallet application. The software supports several cryptos and even allows you to follow their courses. The interface is user-friendly and the application is secure. You can even browse and download decentralized software from Trust Wallet.

Portfolio material

If you want to maximize security, you can't go wrong with a hardware wallet. All private keys are on a device that you must keep in a safe place. Whether it's in your pocket or in another safe place, it's up to you. It is essential to choose a reputable secure wallet to avoid scams. Experts advise using only the official website of the brand for purchase.

Ledger

Ledger is a series of hardware wallets whose security level is formidable. You can connect it to any device that has Bluetooth support or a USB port. Ledger is a great option for seasoned crypto users, as it supports dozens of applications and hundreds of currencies. It is ideal for use in online casinos, as it minimizes the risk of someone stealing your funds.

Trezor

Trezor is another brand of hardware wallet that offers several models. It is more suitable for beginners than Ledger, as it takes only 15 minutes to install. In addition to keeping funds on the device, you will appreciate the unlimited storage available. The great thing about Trezor is that it is open source. This means that its code is constantly improving as the community identifies and fixes bugs.

BTC exchanges

Cryptocurrency exchanges are places where you can acquire bitcoins to use in online casinos. It is important to choose a reliable platform to avoid fraud. Here are the most famous brands currently offered!

Coinbase

If you don't have much experience with crypto, use Coinbase to acquire BTC for online gambling. The exchange was created in 2012 and is available in more than 100 countries. In addition to debit and credit cards, you can use PayPal and bank transfers to acquire funds. The fees depend on the amount exchanged, but can be high for small amounts.

Kraken

In addition to having the best name, Kraken also offers formidable security. Users need to verify their accounts when using currencies to buy BTC. This is a mechanism aimed at preventing money laundering. The platform supports CAD, but you can also use six other currencies to acquire bitcoins. Kraken has a modern website with attractive graphics, which contributes to an overall pleasant user experience.

Gemini

Gemini is a US-based exchange where you can use more than 25 fiat currencies. The platform even offers a cash bonus if you buy BTC over $100. However, please note that there are daily and monthly limits and this is something that players with high incomes do not appreciate. On the plus side, Gemini uses cold storage for assets and has FDIC insurance for increased security.

Binance

Although it has only been around for a few years, Binance has established itself as a reputable platform. It allows you to use debit and credit cards as well as bank transfers to acquire BTC. The fees vary, but are quite affordable if you are trading crypto. The interface is modern and intuitive and you will find Binance easy to use.

What are the bonuses offered by Bitcoin Casino?

If you are familiar with the general bonuses offered by online casinos, there will not be many surprises on Bitcoin platforms. Here are the bonuses that you should expect when using cryptocurrency on online gaming sites!

No deposit bonus

The free no deposit bonus of a Bitcoin casino only requires the opening of a new account on this platform. You don't have to invest any crypto to activate this promotion. The reward for signing up usually includes free spins or a small amount to try out the available games. You will notice that the bonus arrives automatically at the end of the registration process.

Welcome offers and free spins

Unlike the Bitcoin casino no deposit bonus, the welcome offer is much more generous. You trigger the welcome offer by depositing into your account for the first time. Depending on the structure, your offer may include the following elements :

First deposit match bonus : This is the bonus for the initial deposit and it is usually 100% or more.
Other deposit bonuses : Depending on the casino, your bonus may also cover other deposits than the first one. The matching percentage can range from 25% to 200%.
Free spins : The welcome offer often includes free spins. These allow you to try the slot machines, but usually only those chosen by the casino.

Free spins can be part of the Bitcoin casino's no deposit offer and promotions for regular players. Each spin has a particular value and the platform limits the maximum winnings with the bonus.

Deposit bonus

What do you think of this offer? You invest 50 dollars in bitcoins and receive 100 dollars to play your favorite games? Giving users more than they have deposited is a proven concept to attract new players. This is the most frequent bonus on online platforms. In addition to obtaining a bonus corresponding to the initial deposit, these bonuses may also be available later. Casinos often offer them on special days or special occasions.

Reload bonus

The reload bonus refers to your second deposit in the online casino. If you have already added funds and received the free BTC bonus from the Bitcoin casino to play on the platform, it's time to trigger this boost. The second time you invest, you will receive a deposit match. The casino decides the percentage, but most will give you at least a 50% boost.

More information on deposits and withdrawals of funds

Online Bitcoin casinos have simplified the payment process to ensure that players do not encounter any problems. If you want to get some tips, here are more explanations about deposits and withdrawals.

Deposit of funds

We have already touched on this process in the article, but here is a quick reminder.

Prepare the funds in your BTC wallet.
Go to the cashier of the casino website and choose Bitcoin
Add the desired amount, type the wallet address and complete the transaction.

Online casinos do not require a deposit, so you can play with the full amount. In addition, deposits are instant, which means that funds should be available immediately.

Withdrawal of fund

Withdrawals are a reverse process. Once you have enough funds to reach the minimum withdrawal limit, you can submit this request. This transfers the BTC funds from the casino account to your wallet.

Here are the steps to follow :

Go to the Cashier section and choose Withdrawals.
Choose Bitcoin and your wallet.
Follow the instructions to complete the transaction.

The withdrawal processing time depends on the casino. Some transfer your funds instantly, while others have a delay that leaves them several days. In any case, withdrawals are usually made at no cost.

What are the most frequently played games at Bitcoin casino?

Players who use crypto in online casinos have similar preferences to other users. Internet gaming platforms offer an incredible variety of game categories. This makes sure that the fun never stops. Here are the categories that you can choose from in online casinos!

The best crypto slot machines

Slot machines offer the most generous prizes, because jackpots can really change someone's life. The slot machines started with a single payline and three reels. Over time, the games have added new reels and paylines. Today, some slot machines offer thousands of potential winning combinations. The themes also vary, from mythology and folklore to TV shows and licensed movies.

Here are some of the most popular slot machines currently available :

Starburst

Starburst frequently offers free spins promotions from online casinos. NetEnt has achieved an RTP of 96.1% and attractive graphics for this simple but addictive slot machine.

Avalon II

This five-reel machine offers 243 paylines. Microgaming offers a huge RTP of 97%, which makes the game tempting.

Thunderstruck II

This is another slot machine developed by Microgaming. It is one of the most popular games based on mythology.

Bitcoin roulette

Roulette is one of the most exciting casino games there is. The high pace combined with watching the ball spin offers an incredible thrill. Crypto-casinos offer different variations of roulette, with different graphics and game characteristics. You can also choose tables according to the minimum wagering requirements.

Playing poker with cryptos

Some crypto-casinos offer poker tournaments. These tournaments pit you against other players and the best ones qualify for prizes. The size of the tournaments varies from several to several hundred users. Some platforms also offer cash games (cash games). These are convenient, because you can leave or change tables whenever you feel like it.

Blackjack in bitcoin

Blackjack is tempting for beginners, because it has only a short learning curve. The house also has the lowest advantage, which means that your chances of winning are better than in other games. The concept of blackjack is that the value of the card you have should not exceed 21. It must also be closer to this figure than the opponent's combination. Crypto-casinos offer different variants of blackjack, such as the game with two sets of cards, an option of side bets, etc.

Dice games with Crypto

If you like dice games, don't miss Craps and Sic Bo. Craps is often present in crypto casinos, while sic bo is a very recent addition. This game is incredibly popular in Asia, but has since spread to other continents. Some Bitcoin casinos add variations to the basic concept to improve the playability value of the game.

Bitcoin live games

Live games enhance the overall experience by adding real dealers. There is usually a live stream from a professional studio or a real physical casino. You place bets online and can watch the roulette wheel spin or the cards being dealt. The selection of live card games depends on the casino. The standard portfolio usually includes blackjack, baccarat, poker, etc.

The best games in Canadian Bitcoin casinos

Game	Software	RTP
Aztec Magic Deluxe	BGaming	96.96%
Elvis Frog in Vegas from BGaming	BGaming	96%
Wild Spin from Platipus	Platipus	95%
American Blackjack from BSG	Betsoft	99.95%
Sweet Bonanza from Pragmatic External	Pragmatic Play	96.51%
Wild West Gold from Pragmatic External	Pragmatic Play	96.51%
Doublin Gold from Booming	Booming Games	95.32%
Howling Wolves Megaways from Booming	Booming Games	96%
Dragon's Element from Platipus	Platipus	95.03%
VIP Blackjack from Lucky Streak	Lucky Streak	99.95%
Bonanza Billion from BGaming	BGaming	96%
Gates of Olympus from Pragmatic External	Pragmatic Play	96.50%
Aztec Magic from BGaming	BGaming	96.96%
Platinum Lightning Deluxe from BGaming	BGaming	96.29%
Johnny Cash from BGaming	BGaming	96.2%
Fire Lightning from BGaming	BGaming	93.9%
Platinum Lightning from BGaming	BGaming	96.29%

Mobile casinos that accept bitcoins

The obvious advantage of mobile casino apps is that you can play from any location. Whether you are taking a break from work or going on vacation, all you need is an internet connection. Bitcoin casinos are available on most mobile devices, including smart phones, tablets, iPads, iPhones, etc.

Bitcoin Casino iOS

Many crypto-casinos have a specialized application offered for iOS devices. You can find this software in the Apple App Store and download it for the desired platform. If an iOS application is not offered, you can still access the casino using a web browser such as Safari. Most platforms have a responsive design that will adapt to the size of the device's screen.

Bitcoin Android Casino

Android casinos also have two options available: access via a mobile application or the device's browser. Some applications are available on the Play Store, while others require going to the casino's website to download them. Be sure to download the applications only from official websites to avoid scams. Supported devices include Huawei, Xiaomi, Samsung and other brands that use the Android operating system.

Other popular cryptocurrencies accepted by casinos

Bitcoin is the most popular cryptocurrency, but it is not the only one that players use. Many casinos also support other currencies to meet the needs of their visitors. Here is a list of well-known crypto options to use as an alternative to BTC in online casinos.

Bitcoin Cash

BCH is similar to Bitcoin, as it is famous for its high yield. The currency is very recent and made its appearance in 2017. However, it quickly reached a very large number of people, precisely because it came from BTC. You will find a large number of casinos offering Bitcoin Cash as a payment method.

Ethereum

Ethereum has proven to be a surprisingly stable cryptocurrency over the past few years. It is worth the most on the cryptocurrency market after Bitcoin. ETH has a fairly steady growth, which is why players like to use it to play in online casinos. The good news is that most of the casinos offering BTC also offer Ethereum among the supported payment methods.

Litecoin

Charlie Lee is an expert who wanted to be a competitor of BTC. That is why, he created Litecoin and this currency turned out to be a huge success. In reality, LTC transactions are faster than those in Bitcoin. The processing time of these is often three times shorter than with BTC. It is no wonder that online casinos and players favor Litecoin.

Dogecoin

Although it all started as a joke, Dogecoin has become a reputable currency on the cryptocurrency market. His popularity has even reached Elon Musk, who often mentions the DOGE on social media. It was he who increased the value of the currency and paid extra attention to it lately. Many online casinos have jumped at the chance and have included Dogecoin in their selection of available crypto payments.

Monero

Monero is an open source currency that was launched in 2014. Despite the fact that it has been around for less than a decade, it already has a large follower base. This is because it guarantees maximum security and confidentiality. Players looking for anonymity often resort to this option. The abbreviation for Monero is XMR, but don't be confused when using this currency for transactions.

The advantages and disadvantages of Bitcoin casino

Each method of playing in online casinos is different and comes with certain advantages and disadvantages. Everything ultimately depends on your preference. Now here is an overview of the advantages and disadvantages of playing in crypto BTC casinos.

Benefit

Anonymity preserved: BTC is a decentralized currency, so that no government or third party can monitor transactions. This increases anonymity compared to fiat casinos.
Enhanced security: You don't have to leave sensitive financial information at the casino. The only thing you share is the address of your BTC wallet, while your credit card and other bank details remain safe.
Free and immediate deposits: Not only are the deposits immediate, but the casino or the payment provider does not charge a fee.
All games and bonuses are offered: Casinos that support cryptocurrencies offer an impressive range of games. As for bonuses, you can even have access to specialized bonuses adapted to BTC users.

Disadvantage

Cryptocurrency volatility: The value of bitcoin can vary significantly during the day. This can also affect your winnings and the amount of money you have in the casino.
Capital Gains Taxes: Canada does not tax casino winnings. But if you receive a large sum in cryptocurrencies, it can constitute a capital gain. This is subject to tax declaration, so you could end up paying part of the gain to the government.
It's not so easy to get started: If you don't have any previous experience, it can be difficult to open a wallet and acquire BTC. The good news is that you will quickly get comfortable with the process.

Conclusion

Online Bitcoin casinos are becoming more and more popular in Canada. As the overall popularity of crypto is on the rise, the same trend is noticeable on Internet gambling platforms.
BTC offers a confidential way to enjoy online casino games. It allows you to visit gaming sites without sharing your bank account or credit card details with them. Although crypto requires a small learning curve, online casinos are easy to use.
The real gaming experience is no different from that of fiat currencies. You can access thousands of games and the selection depends only on the casino.

FAQ

Can I use bitcoin safely in online casinos?

Bitcoin is the most popular cryptocurrency and its use in online casinos is safe. However, you still need to monitor its volatility. As cryptocurrencies are very volatile, price variations could affect the real value of your winnings.

What is the best bitcoin wallet for online gambling?

It makes sense to use a wallet only for online games. You can transfer only funds to be used to make deposits on gaming sites. Secure web-based wallets like Mycelium or Exodus are excellent choices.

Can I play with bitcoins legally in Canada?

Yes, as long as gambling is legal in your area. Canadian online gambling laws vary from jurisdiction to jurisdiction. If internet gambling is not specifically illegal in your area, you can visit online casinos and use bitcoins or any other currency.

Are there taxes on bitcoin winnings at online casinos in Canada?

You only pay taxes for online gambling winnings if you are a professional. But if you play occasionally and the game is not your main source of income, there are no applicable taxes. This means that you will receive the entire amount that you earn by playing on gambling sites. However, note that capital gains tax applies when you do business with cryptocurrencies. This may be applicable to your casino winnings.

Where can I buy bitcoins?

The safest way to acquire bitcoins is through reliable cryptocurrency exchanges. Be sure to stick to trusted platforms, such as Binance, Gemini, Kraken or Coinbase.

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The Bitcoin Casino in Canada - Find the best BTC casinos 2022