The Best Ethereum Casino in Canada

What is an Ethereum casino? That’s a valid question, as it can mean two things: either a casino that accepts Ether as a currency for deposits and withdrawals or a casino that operates fully on the decentralized Ethereum blockchain network.

These "true" crypto casinos offer a great level of transparency, as the Ethereum network allows players to verify game results. Additionally, at all casinos that accept Ethereum, players can reap the benefits of the blockchain platform with “Smart Contracts.”

As cryptocurrencies are decentralized and not owned by a bank or a government, they fall outside regulatory oversight. At least they do in Canada. However, as the account is linked to a physical identity, Ethereum is perfectly legal in Canada.

Signing up with and playing at an Ethereum Casino is not much different than at any other online casino. The main difference is that you must have Ether to deposit and a wallet to store the currency.

You can buy Ethereum in a cryptocurrency exchange, such as Coinbase, Binance and Bitbuy. You can use an ATM to purchase Ether, but the fees range from 11% to 25%, so we wouldn’t recommend it.

You’ll also need to create a digital Ethereum wallet to receive and store the currency. As you will be using your Ether in online casinos, we recommend using an online wallet available in the app store.

Depositing at an ETH casino is pretty much the same as with other payment methods, but you need to transfer the funds from your digital Ether wallet to the casino. This requires an address or QR code.

To do this, you’ll have to select Ether as your preferred currency in your casino account. The casino will then create an Ethereum holding wallet where your funds will be transferred during the deposit process. 

Just like your personal Ether wallet, this wallet will have its own public address or QR code. Once you've moved your purchased Ether into your personal online wallet, follow these steps to fund your casino account.

Withdrawing with Ether is just as easy as depositing: go to the cashier page, select “Withdraw” and “Ethereum,” and follow the prompts. For the withdrawal process, you’ll need your wallet’s address.

You’ll find this in the “Receive” section of your personal wallet. Note that each cryptocurrency is stored in its own dedicated wallet. So, in this case, check that you are withdrawing your Ethereum to your Ethereum wallet.

When it comes to payment speed, Ethereum casino deposits are almost instant. It can depend on the casino, but deposits usually take a few minutes up to a few hours. Withdrawals times range from 1h to 24h. 

Transferring Ether has no associated fees, as payments are made directly on the blockchain network without a bank or payment provider involvement. This applies to both deposits and withdrawals.

As with other payment solutions, most casinos have transaction limits. The norm is that withdrawal limits are higher than with traditional payment methods, because cryptos are faster and more secure. 

Ethereum is built on blockchain technology, which provides unparalleled levels of transparency when making payments. All Ethereum transactions are securely stored on a public “list” on the chain via an encryption system that cannot be tampered with or altered.

Due to the decentralized nature of Ethereum, no third parties are involved and no additional information about your transaction is stored. Plus, as with all other cryptos, you can benefit from an increased level of anonymity and privacy compared to other payment methods.

In other words, you are not leaving any footprints. Thus, deposits and withdrawals with Ether are generally safer and more transparent than transactions with traditional online payment methods. Also, due to the combination of cryptography and blockchain technology, it's virtually impossible to counterfeit.

Unfortunately, due to the fact that the crypto market is still relatively young and often only sparsely regulated, there are a lot of scams. To avoid playing at a dishonest Ethereum casino and not being able to recover your winnings, we recommend doing some research before signing up.

Reading player reviews can be a good way to protect yourself. Better still, you can safely play at any of our top-rated Ethereum casinos. All our listed casinos have one or more trusted gambling licences, and offer fair and safe gaming, transparent terms and good customer support.

All our recommended brands hold one or more valid gambling licences, and are thoroughly reviewed and tested by our team of experts. You can discover how we rate in our dedicated online casino reviews page.

Before we explore how to use Ethereum and all its perks in more detail, let’s start by highlighting three of our top ETH casinos.

BC.Game is by far our top option for Ethereum gambling. The established online casino brand was launched in 2017 and offers over 6,000 casino games from renowned  software providers.

In our BC.Game review, this casino scores highly for safety and fairness. It has Provably Fair exclusive games, uses industry-standard SSL encryption for all transactions, and adheres to responsible gambling practices.

CoinSlotty is one of the newest additions to the list of crypto-focused casinos. Founded in 2021, this crypto and Ether casino offers very fast and cheap transactions. In fact, it has one of the fastest withdrawal times around: your winnings will typically be with you within minutes.

It has 4,000+ games from industry-leading software providers, including slots, table games, video poker and “provably fair” ETH games. Plus, you can find lots of promotions, such as free spins, a money rewards program and an excellent sign-up bonus.

Note that bonuses, and all amounts in the terms and conditions, are advertised in USD, but all available currencies apply, including Ethereum. However, players should be aware that each currency has a fixed value. For more on this casino, feel free to read through our CoinSlotty review.

Excitewin is also a great online casino that accepts both traditional payment methods and some cryptos, including Ethereum.

The brand has a visually appealing website, over a thousand casino games from top notch providers, an impressive selection of mobile slots, and access to live dealer games from mobile devices via their app.

With their loyalty program, players can earn points, which can be exchanged for free spins or cash bonuses, and new players are offered a generous welcome bonus. For more details, read our ExciteWin review.

Playing with a casino welcome bonus is a great way to get started at an online casino. Although not all payment methods qualify for bonuses, at any Ethereum casino, Ether will be an accepted bonus deposit currency. 

However, there are a few things to take into account. First, when you deposit Ether in your account, you deposit the equivalent in CAD and many casinos offer Ethereum at a fixed price. 

Second, the bonus may be advertised in Ether, but the amount will actually be equivalent to an amount in fiat. In any case, read the bonus terms and conditions carefully, especially when using crypto. 

At an Ethereum online casino, you will most likely have access to the same games library as you would with any other payment method, but some ETH casinos also offer games that run solely on the blockchain. 

These can be any popular casino game, such as slots, blackjack and roulette, or crypto-themed options, such as Crash, Coin and Mines. Usually, the options are limited, but we found a good selection at BC.Game.

One of the benefits of crypto games is that they are “Provably Fair.” As they are built using blockchain technology, with the absence of third-party intermediaries, the outcomes of games cannot be manipulated. 

As a player, you can even verify the trustworthiness of games firsthand in just a couple of clicks. This is done by confirming the calculated hash against its original seed and data. How does this work? 

Before you place a bet, you receive an encrypted hash with a server seed. Then, after a spin, you have the option to check if the game result was honest by clicking on the verify button in the provably fair widget. 

This allows you to check whether the cryptographic hash matches the one at the start of the game. In other words, you are in full control over the fairness verification process with Provably Fair games.

Now, let’s conclude by having a look at the advantages and disadvantages of playing at an Ethereum casino. To make it easier for you, we’ve listed them in one place:

If Ethereum is not for you, there are other excellent crypto and fiat payment methods available in Canada. Some of the best options are: