CoinsPaid Casinos

CoinsPaid Casinos in Canada

CoinsPaid is an innovative platform offering easier and more convenient cryptocurrency transactions. It’s a virtual wallet and a payment solution in one, which makes it ideal for implementation with online gambling sites. Individuals and merchants can use it, as it supports crypto and fiat and offers exchange between the two.

In light of this, more and more Canadian-friendly casinos are accepting CoinsPaid deposits and withdrawals, which is great news for anyone using virtual funds to play. But how does this platform work, and what are your CoinsPaid casino options in the Great White North?

Top-Rated CoinsPaid Online Casinos in Canada

Despite not being available in all Canadian online casinos, CoinsPaid is growing in popularity due to its convenience and simplicity. That said, not all online casinos that accept CoinsPaid are something to write home about. After all, there are many boxes that a casino must check to earn a place on our list.

For players in the Great White North, finding a good and safe CoinsPaid casino can be a challenge, so we’ve decided to do the legwork and compile a list of the most reputable CoinsPaid casinos:

What Is CoinsPaid?

CoinsPaid, a blockchain technology-powered crypto payment processor, is owned by Dream Finance OÜ, registered in Tallinn, Estonia. It assists businesses and individuals in making and receiving payments securely and quickly. By eliminating the friction associated with traditional payment methods, the platform enables faster, easier and cheaper payments.

The company has existed since 2014 with the mission of “satisfying the world’s everyday needs” using cryptocurrency. As of January 2023, CoinsPaid has processed over €19 billion in cryptocurrency and serviced 800+ businesses.

CoinsPaid business solution handles 20+ crypto and 40+ fiat currencies, while the personal wallet supports 15 cryptocurrencies, 16 national currencies, and five blockchains.

How We Choose the Best CoinsPaid Casinos

Online casinos can be a haven for scammers, hackers, and illegitimate businesses, and the Canadian scene is no different. You don’t need to worry, as you’ll soon learn to distinguish between reputable CoinsPaid casinos and shady ones. Just follow what our trusty team of experts considered when selecting CoinsPaid casinos in Canada.

Legality

Choose an online casino that adheres to the rules and regulations of online gambling. Every trustworthy casino holds a licence issued by a reputable jurisdiction for iGaming (e.g. Malta or Curaçao).

Fair Play and Security

All of our recommended Canada-friendly casino platforms adhere to ethical standards. Independent third-party auditors, such as eCOGRA, TST, and iTechLabs, test and verify the fairness of games.

Other than a valid licence, online casinos should feature security measures that protect your sensitive personal and financial data from prying eyes. CoinsPaid’s blockchain-based encryption safeguards your data, but the casino itself should provide additional layers of security (e.g. firewalls).

A padlock symbol and “https://” in your browser’s address bar indicate whether an iGaming site is encrypted.

Games and Software Providers

Most players prioritize game variety when choosing a casino. That’s why websites with diverse titles outshine casinos with weak game selections. Thus, we recommend you pick a site that offers different types of slots, poker, blackjack, roulette, and live dealer games — the more, the merrier. Additionally, check if the casino is partnered with reputable software providers like Microgaming, NetEnt, Playtech, and Evolution Gaming.

Bonuses and Promotions

Bonuses and promotions play a significant role in the CoinsPaid casino ranking, as these factors contribute to players’ decisions. Don’t let the numbers fool you, however. If you receive a bonus or promo offer, review the terms and conditions before accepting.

For newbies, welcome deals, such as no-deposit bonuses or free spins, are a fantastic way to test the waters. Still, players should always dig deeper to determine if the casino offers other perks, like loyalty bonuses.

Customer Support

Customer service at online casinos should also meet high standards, with friendly and helpful agents available via various channels (email, live chat, phone). Look for 24/7 customer support — you may need them.

How to Get Started With the CoinsPaid Platform

The process of registering for a CoinsPaid account is straightforward and quick. Follow these steps, and you’ll be ready to try your luck at a casino.

1. Go to the CoinsPaid website.
2. Click or tap the Sign Up button.
3. Choose between Personal and Business accounts. You’ll need to contact CoinsPaid’s sales department for the latter option.
4. Hit the Personal account button.
5. Input your details (country, email, password).
6. Open the link you’ve received in the verification email.
7. To set up two-factor authentication, download Google Authenticator from Apple or Google Play on your phone and follow the instructions. You should take advantage of this step because security is worth going the extra mile.
8. Choose between Limited or Full verification. Say “Cheese” — you must upload a selfie to validate your account. Besides slight variations in KYC requirements, these verification levels also have different withdrawal limits. If you’re on the limited option, you can withdraw up to €3,000, while fully verified users can cash out up to €10,000 in crypto per month.
9. Upon verification, you will gain access to the main lobby, where you can sell and buy crypto and store address keys.
10. Fund your CoinsPaid account and hit a casino from our list.

CoinsPaid and most casino sites using it are mobile-friendly and have apps available for Android and iOS users.

How to Make a CoinsPaid Casino Deposit

Once you’ve registered with CoinsPaid and verified your account, you can top it up with real money. With CoinsPaid, you can fund your gambling with real cash or crypto.

To deposit at any CoinsPaid casino, you must first locate the Deposit button on the casino site. Pick the most convenient form of payment, scan the QR code or copy the unique crypto address, type in the desired amount to deposit, hit Send, and wait a few minutes for the funds to become available.

How to Make a Withdrawal With CoinsPaid

Cashing out from CoinsPaid online casinos is more time-consuming than depositing. Although transaction processing usually takes between 24 and 72 hours, it’s simple, provided the casino offers CoinsPaid withdrawals. Similarly to deposits, you’ll pick your preferred withdrawal method, input the amount, and link your crypto address.

CoinsPaid Fees and Limits

You will not be charged a dime for CoinsPaid’s monthly fees or for receiving and sending payments. However, a standard 1% fee applies to business accounts. Furthermore, casinos can still take a percentage of a transaction (which should be listed in their Terms and Services).

Despite CoinsPaid’s virtually limitless transactions between users, there are limits on casino deposits and withdrawals. Casino deposits/cashouts are usually around $20, and max withdrawals range from $4,000 to $10,000, depending on the website.

CoinsPaid Casino Bonuses

Bitcoin casinos offer lucrative bonuses to rookie and veteran cryptocurrency users. Welcome offers might come in the form of free spins or a deposit match, or you can even strike gold with a no-deposit bonus, which means you have free money to gamble with.

Before you claim a CoinsPaid bonus, be mindful of any wagering requirements. These indicate a minimum number of times you must play through the bonus before you are allowed to withdraw it, as well as which games qualify.

Pros and Cons of CoinsPaid

Although players tend to be very satisfied with CoinsPaid casinos, and their advantages outweigh their disadvantages, there’s room for improvement. Below are some positives and negatives of CoinsPaid and Canada-friendly CoinsPaid casinos:

Pros

• Quick set-up
• Wide range of altcoins (20+)
• Safe cryptocurrency storage and client privacy
• Fast deposits and withdrawals
• No or small transaction fees
• Great customer support
• Mobile-friendly options
• Available fiat to crypto exchanges and vice versa

Cons

• Not available at all crypto casinos
• Imposed withdrawal limits
• Volatile cryptocurrencies

FAQ

What are CoinsPaid casinos?

CoinsPaid casinos accept cryptocurrency deposits and payments through the CoinsPaid platform. Merchants and customers can securely store, transfer, and receive digital assets with CoinsPaid’s easy-to-use interface.

Are CoinsPaid casinos safe and secure?

CoinsPaid is a European-regulated platform that follows the latest AML regulations and protects customers’ data with SSL encryption and two-factor authentication. Furthermore, online casinos we’ve recommended also have additional security measures in place.

What types of games are available at a CoinsPaid casino?

At CoinsPaid casinos, players can enjoy traditional games like slots, video poker, blackjack and roulette. Many online casinos also offer live dealer versions of these games for a more immersive experience. Fantasy sports and sports betting are also available on some CoinsPaid gambling websites.

What are the fees associated with using a CoinsPaid casino?

CoinsPaid fees are typically low or non-existent, but a CoinsPaid casino can still charge you a percentage of your winnings. Casino terms and conditions should clearly state all fees.