Canadian Bitcoin Poker Sites
Bitcoin – often abbreviated to BTC – is, by some distance, the world’s largest virtual currency, as well as the virtual currency accepted by the largest number of poker sites. There might not be a huge number of poker sites accepting this currency currently found online, but the number of poker sites accepting the currency is growing steadily every week, ensuring that real money poker players can use this currency to play their favourite poker games online with ease. If you’re looking to play Bitcoin poker, you’ve come to the right place, as you’ll find loads of fantastic Bitcoin poker sites on this site, as well as a number of detailed reviews of the best Bitcoin poker sites. If you want to head to the top site straightaway though, we think that 888 Poker is the number one place for you to play.
On this page, you’ll find out loads of information about playing poker with this virtual currency, including:
- The best Bitcoin poker sites
- The main advantages to using the world’s biggest virtual currency
- How to deposit and withdraw using this currency
payout time: 1-3 days
How to Use This Currency at Poker Sites
“Bitcoin is, by some distance, the world’s largest virtual currency, as well as the virtual currency accepted by the largest number of poker sites.”
Not all sites accept this virtual currency, but there are more and more sites that are starting to get on the bandwagon. Using it is really easy, and it starts by signing up for a wallet – a quick search on Google will bring up many reputable ones to choose from, such as Coinbase and Copay. Once you have a wallet, you can purchase currency from a marketplace. The price of Bitcoins fluctuates on a daily basis, so it’s always best to wait until you can get the best price.
Once you have Bitcoins in your wallet, you can then spend them at any site accepting them, which includes a number of online gambling sites. Just head to the site’s banking page and choose the corresponding option, before then following the onscreen instructions. Most sites do not run games using BTC though, so your Bitcoins will be converted into a currency, such as CAD or USD, before you play.
Many Bitcoin poker sites also allow withdrawals to be made using this currency, and this can also be done via the site’s banking page. If withdrawals are not possible, you’ll need to nominate another withdrawal option to use.
The Advantages and Disadvantages of Bitcoin
The advantages of Bitcoin poker far outweigh the disadvantages, and the biggest of them is almost certainly its anonymity. When creating a Bitcoin account, you won’t need to provide personal details, and this makes many people more comfortable spending money online. Some sites accepting BTC won’t even ask for your details, as they simply remember you from your computer’s IP address. It is also incredibly safe to use, and you can be sure that any Bitcoin poker sites that we recommend also have the highest levels of security.
The main disadvantage to Bitcoin poker is the fact that this virtual currency isn’t accepted at all poker sites, although more and more big names are starting to accept it. This means that it is best to find out if your preferred poker site is one of the poker sites accepting Bitcoin before going ahead and purchasing some. The fact that the value of this virtual currency fluctuates also means that you could find your virtual currency worth less in the future than it is now – although you could also find that it is worth more as well.
Finding the Best Bitcoin Poker Sites
It might be one of the newer ways to fund an account, however we’ve still ensured that we’ve created a list of the best Bitcoin poker sites. All of the poker sites we recommend are completely safe to play at, as they use the highest levels of security to protect their players, and they can be trusted with your money. So, if you’re looking for a site where you’ll be safe playing for Bitcoin, you can trust any of the sites we recommend.
It’s not just safety we look at when reviewing Bitcoin poker sites though, as we also cover a lot more. In our reviews, you’ll find details of the types of poker on offer, as well as the other banking options and the level of customer service. We aren’t owned by any online poker site, so you can be sure that all of our reviews are honest.
Play Poker with Bitcoin Today
This virtual currency really is a fantastic way to fund your real money online poker account, and Bitcoin poker is being played by more and more people every day. What’s more, it is really safe, as are all of the Bitcoin poker sites we recommend. So, why not read through our reviews of the best Bitcoin poker sites and start playing today?
Do you still have a few questions you need answering about Bitcoin, and how it can be used at online poker sites? If so, you should find that the FAQ section below answers many of the different questions you might have.
What is Bitcoin?
Bitcoin is the world’s largest virtual currency, meaning that it is stored online and has no physical form, unlike standard currencies. It was first used in 2009 and quickly became popular, with the value of Bitcoin skyrocketing as more and more people began to use it. Bitcoin can be bought and sold in marketplaces, and is stored in a Bitcoin wallet.
How does it work?
To get started with Bitcoin, you will first need to get a wallet, and there are several good options for you to choose from. You then need to head to a marketplace and purchase some Bitcoins. When you have Bitcoins in your wallet, you can use them to gamble at any online poker site accepting this form of currency. They can also then be sold at a Bitcoin marketplace.
Do they allow online casino payments?
Yes, they certainly do. In fact, unlike some other forms of payment, Bitcoin can be used at gambling sites by absolutely anyone in the world, regardless of the laws surrounding online gambling in a particular country. Many online poker sites do not currently accept Bitcoin though, although more and more are starting to allow it to be used.
Is it safe to use?
Yes, Bitcoin is an incredibly safe way to deposit and withdraw money at online poker sites. This is mainly thanks to the anonymity it offers to users. It is recommended that Bitcoin is only used to make purchases at sites you trust though, as all payments are irreversible. Any of the sites we recommend can be completely trusted though.
How fast are deposits and withdrawals?
Bitcoin payments are usually very fast, and should be in your poker account in a matter of minutes. They can sometimes take slightly longer though, depending on the number of confirmations needed. Bitcoin withdrawals usually take a couple of days to be processed by a poker site, after which the money is transferred straight to your Bitcoin wallet.
How does it compare?
Bitcoin is the largest and best-known virtual currency in the world, and it is trusted more than any other virtual currency around. It provides more anonymity than most other, more conventional, payment methods, and it also has minimal fees. There is more risk involved when purchasing Bitcoins though, as the value of them could rise or fall sharply.
Are there any fees involved?
The fees involved when using Bitcoin to deposit and withdraw funds are incredibly small, almost to the point of being negligible. It is important to check to ensure that a poker site does not charge fees for depositing or withdrawing using this method though. Also, you should remember that the value of Bitcoins can rise and fall quickly.