About Bitcoin Casino Bonuses
Bitcoin bonuses are a type of deposit bonus that exists in select Bitcoin casinos in a few countries of the world. As Bitcoin is the most popular and widespread digital currency, you shouldn’t be surprised to find numerous Bitcoin casinos worldwide, and most notably in Canada.
So, all Bitcoin gambling fans in Canada should be happy to know that they can use Bitcoin to play casino games in various online casinos, all the while claiming different types of lucrative Bitcoin bonus offers.
Canadians have access to numerous Bitcoin casinos that work exclusively with Bitcoin. Moreover, they have access to regular casino sites covering Bitcoin as a payment method and often even have exclusive bonuses for Bitcoin users.
In this piece, we aim to tell you more about these casinos. We want to explain how these casinos and their bonuses work and how you get claim them. We’ll also explain the types of Bitcoin casino bonuses you’ll get to claim and their terms and conditions.
In the end, we’ll explain how Bitcoin deposits and withdrawals work, so you’ll effectively get all the information you need to start using the best Bitcoin casinos in the world. Let’s begin!
Types of Bitcoin Bonuses
As we mentioned in the intro, a Bitcoin bonus is the same as any other bonus, except that it uses Bitcoin rather than fiat currency. That’s precisely why many different types of Bitcoin promotions are essentially the same as typical deposit bonuses, free spins offers, no deposit bonuses, first deposit bonuses in welcome offers, and more.
Let’s look at the most common types that you can find on almost every good Bitcoin casino.
Bitcoin Welcome Bonuses
A Bitcoin welcome bonus is similar to every other welcome bonus. In most cases, you’ll get a first deposit bonus that uses Bitcoin instead of dollars. For example, you might get a first deposit bonus that consists of a 100% match bonus up to 0.1 BTC.
In some cases, you won’t only get bonus money but also free spins, just like with all the best welcome packages out there.
To claim these bonuses, you’ll likely have to make a minimum deposit of a few dollars, and you’ll need to create a casino account. Also, you might get a bonus code you need to input while claiming it.
However, you should know that a typical Bitcoin welcome bonus will consist of several deposit bonuses and higher rewards.
200% Deposit Bonus
A 200% Bitcoin deposit bonus is a common sight in Bitcoin casinos, more so than a regular 200% deposit bonus with fiat currency.
Casinos can afford to offer more Bitcoin than fiat currency, which is why you’ll often find lucrative 200% Bitcoin deposit bonus offers that cover as much as 0.1 BTC and even an additional 100 free spins.
Bitcoin Casino No Deposit Bonuses
Unlike a deposit match bonus, a no deposit bonus doesn’t require you to make a deposit. The same is true for Bitcoin no deposit bonuses, where you only need to create an account in the casino to receive Bitcoin as a reward.
With many casinos, you’ll once again receive mBTC instead of regular BTC. A typical Bitcoin no deposit bonus is as small as a regular no deposit bonus, usually offering only 1 mBTC.
Remember always to read the bonus terms, as no deposit bonuses come with more complex terms like a max win and a higher wagering requirement.
Bitcoin Casino Free Spins
Deposit free spins as part of a first deposit bonus or even a second deposit bonus are common on regular casino sites. However, you can also find them in an online casino that covers Bitcoin transactions.
These deposit free spins are claimed like all other free spins – you need to deposit a specific amount of Bitcoin. The amount is usually small, the Bitcoin equivalent of $10 or $20.
You can also get free spins that reward you in mBTC or millibitcoin, where each is worth $20. The worth of mBTC changes as the price of Bitcoin changes, and it’s there to enable easier online gambling with BTC without you having to deal with numbers as small as 0.0001 BTC.
Why Use Crypto on Slot Sites?
Most Bitcoin casinos and crypto casinos offer many benefits to every player looking to make deposits with their Bitcoin wallet.
If you’re interested in joining a Bitcoin gambling site, here are some of the benefits you’ll get to experience that should paint a clear picture as to why you should use casinos that accept Bitcoin:
- Bitcoin payments are swift. In all cases, it’s much quicker to deposit, and especially to withdraw crypto, than it is to withdraw or deposit fiat money. Bitcoin transactions are speedy, so instead of waiting for days for your withdrawal to reach you, you’ll only get to wait a few hours or a couple of days at the most.
- Near-complete anonymity. If you decide to use full Bitcoin gambling sites that use crypto only, you don’t have to worry about providing the casino with a lot of your personal information. In other words, you can be almost entirely anonymous while playing online slots and other casino games.
- Improved privacy and security. Crypto casino sites and crypto payments offer more security and privacy, certainly more than most other payment options.
- Better bonus offers. One of the main reasons to join a Bitcoin casino is that most Bitcoin bonus offers are much better than regular promotions that rely on fiat currency. What’s more, the best Bitcoin casino bonuses are likely the best casino promotions in general.
How to Deposit Using Bitcoin on Slot Sites?
Bitcoin and crypto casinos have some of the most straightforward payment systems in the world, all thanks to how easy it is to deposit with Bitcoin.
Naturally, if you don’t have Bitcoin, you’ll first have to take care of that. You need to get a crypto wallet and buy some Bitcoin on a crypto exchange site.
Then you can start making Bitcoin deposits. Follow this easy and quick process to do so:
- Visit the cashier section of your chosen Bitcoin casino.
- Choose Bitcoin as the deposit method.
- The casino will give you its crypto wallet, which you need to copy and paste into your crypto wallet.
- Input the amount you want to deposit in the wallet.
- Confirm the payment and wait for it to arrive in your casino account, which should happen immediately.
And that’s that. Now you have some bitcoin you can use in your favourite traditional casino games. You can play slots, table games, or any other game the casino offers.
Withdrawals are even more straightforward than deposits as you already have Bitcoin, and you simply need to do the same process, only in reverse.
- Visit the cashier section.
- Choose the amount you want to withdraw.
- Copy/paste your wallet address.
- Confirm the payment and wait for the casino to process it and for the coins to reach your wallet.
Bear in mind that withdrawals take longer to complete than deposits, mainly because the casino has to process them first. This might take a few hours, up to a whole day, or even two days.
Bonus Terms and Conditions in Bitcoin Casinos
Terms and conditions always go with bonuses, even with a Bitcoin exclusive bonus or any other crypto bonus. In the following few paragraphs, we’ll cover the most important terms you need to know.
As always, you need to wager your bonus amount and winnings several dozen times before you get to withdraw that money. The same is true for Bitcoin bonuses, and once again, 30x to 40x wagering requirements are best. You’ll also likely have to complete the same bonus wagering requirement for any free spins winnings.
A Bitcoin bonus code works the same as every other bonus code. The casino or an affiliate offers you the code, and you input it while claiming the corresponding bonus to get the bonus amount.
Bonus Expiry Dates
A typical bonus in a Bitcoin casino lasts for a month, just like most other bonuses, while Bitcoin casino free spins will last a day or up to seven days.
What to Expect From Bitcoin Casino Bonus Offers in 2021?
In 2021, you can expect to have even more casinos to choose from if you’re interested in Bitcoin bonus offers. The same thing has been happening every year for the last few years, clearly showing a rising trend in Bitcoin gambling.
More and more casinos will pop up in the following months. Many of them will be Bitcoin casinos, with even more regular casinos accepting Bitcoin payments and offering Bitcoin bonuses.
Frequently Asked Questions
Is Bitcoin gambling legal in Canada?
Since Bitcoin is legal in Canada, gambling with it is legal, too, as long as the site you’re using has a licence. However, Bitcoin doesn’t have the same status as fiat currency and is subject to Canada’s tax rules, so you need to read up on what you need to do if you want to exchange your winnings for fiat currency later down the road.
What type of gambling is available in Canadian Bitcoin casinos?
You can enjoy almost all types of gambling games at Bitcoin casinos in Canada. This includes slots, card games, specialty games, and even live casino games.
Is Bitcoin gambling safe?
Of course! As long as you play in a legit casino with a good reputation, you have nothing to worry about. Your funds will be even safer than regular fiat currency as crypto transactions are safer than traditional ones.