Online Casinos Accepting Canadian dollar (CAD $)
There sure are plenty of Canadian online casinos emerging on the market each month. But if you are looking for the best Canadian online casino choices amongst them that accept the Canadian dollar with no extra fees and ridiculous charges, this review will uncover everything you need to know. Our team has examined hundreds of online betting venues directed to the Canadian market to select the top choices amongst them regarding valuable criteria. Read down below to find out more and to view our top list of the very best Online Casinos Accepting CAD!
There are plenty of online betting fans living in Canada and they surely represent a huge part of the gambling community. This is why it’s essential for online casinos who wish to attract Canadian players, to support payment methods with CAD as an accepted currency. This makes money transferring easier and quicker for Canadian gamblers and thus they are left satisfied.
Casinos that Accept CAD – Fully Reviewed
On our page, we have filtered 62 casinos that accept CAD and Canadian players. We have selected them to be certified, to have a license, to be trustworthy, and to have the best payment methods for Canadian gamblers. Here are some of the top choices we picked:
Cobra Casino is another safe gambling venue for Canadian players. It has obtained its certification and license by the Government of Curacao. And you can gamble your money in secured and fair gambling sessions. What makes the venue special is that you can use your virtual e-wallet from Neteller to make all your deposits and withdraws with CAD currency. Netteler processes instant deposits and withdraws and the fees are quite small, varying from 1%-5% in total.
Tsars Casino is an astonishing choice for an online gambling venue with certification and license from the Government of Curacao. Your personal data, banking information, and conducted transactions are secured and protected at all times with the latest SSL encryption technology. Canadian players can use their PaySafeCard vouchers to make their deposits at the platform. Іt’ѕ оnе оf thе ѕіmрlеѕt, smooth payments mеthоdѕ аvаіlаblе. The deposits are рrосеѕѕеd instantly with no fees or charges applied.
Casoola Casino is one of the best online venues for gamblers. It providers regulated gambling sessions and fair RNG. And has certification and license by the Malta Gaming Authority to prove its trustworthiness. There are plenty of payment choices for Canadian players on the platform, including InstaDebit. With InstaDebit you transfer your deposits immediately, with no fees or additional charges applied, and have an extra layer of security to your transactions.
Spinia Casino is an amazing online casino for Canadian gamblers on the market. The venue has obtained licenses by the most trustworthy jurisdictions, the Malta Gaming Authority and the Government of Curacao. Their platform is highly-secured, and your gambling sessions are protected from the latest safety technologies at all times. The transactions on the venue can be made via various methods, including your iDebit e-wallet which is suitable for transfers in CAD. The transactions with iDebit are instant and charge-free.
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History of the Canadian Dollar / CAD
The Canadian Dollar is the official currency of Canada observed with the standard dollar sign $, or C$ to distinguish it from other dollar currencies. It is the fifth most held reserve currency in the world and it’s history traces back from pre-colonial times. A debate that spread over a decade was held in the 1850s in Canada whether the sterling monetary system or a decimal monetary system based on the US dollar should be adopted. Eventually, the Canadian colonies under the British colonization replaced the British pound with currencies linked to the United States.
In 1867, July 1 during the Canadian Confederation the three colonies of Canada, Nova Scotia, and New Brunswick were united into one federation called the Dominion of Canada. With that process, they adopted a united currency, called the Canadian Dollar. Since then Canada began issuing its own paper currency and coins and the Canadian Dollar has become an official currency till present times.
Advantages of Using CAD in Online Casinos
As a Canadian gambler player, it is quite tricky to choose an online casino. It’s important to select one that supports the most convenient payment methods, regarding taxes, time processing, and last but not least, whether they support Canadian Dollars or not.
Nowadays, there are plenty of online casinos who take good care of their players no matter their location, including Canadians, by supporting CAD as payment currency. However, there are some online casinos with payment services that don’t accept CAD and convert them automatically in other currencies. This is quite costly and expensive, due to the huge exchange rates and excessive taxes. Eventually, you end up spending plenty of your hard-earned money to waste on exchange rates and fees, and you are left with a much lower balance. Not only to mention, that calculating exchange rates can be sometimes quite complicated and confusing.
This is why you have a greater advantage to use online casinos who support CAD as a Canadian player. You can make all the necessary transactions with no money wasted on fees and exchange rates. The process of the transaction is also quicker and you have access to your money in no time.
Popular CAD deposit methods and withdrawals
Major online casinos usually accept payments in most common currencies via a variety of payment options. However, players need to be aware that some payment methods may not be available to Canadian players and some casinos may add certain restrictions. Canada players should make sure they’re familiar with the casinos’ policies before registering at the online venue and check whether their payment method is accepted on the platform.
Amongst the most commonly used payment options by Canadians are Visa or Master debit/credit cards, e-wallets such as Neteller, InstaDebit, PaySafeCard, Interac, Citadel, or iDebit. Each of them accepts CAD as a currency. Of course, there are plenty of other payment choices.
Once you are registered and you have checked if your chosen venue supports your preferred payment method, all that is required is for you to choose it from the payment options lists and make your transaction by filling out your details.
Tips on finding a great Online Casino that Accepts CAD
When searching for a great online casino that accepts CAD, you have to keep in mind certain valuable criteria, such as choosing a licensed casino with a certification from trustworthy jurisdictions, like the Malta Gaming Authority or the Government of Curacao. It’s important for the online casinos to have those licenses and to be safe and secure.
So that you are protected against any attempts of identity theft or fraud, while gambling or conducting transactions. It is also good to search for a venue with plenty of casino games choices from popular, well-established software providers, like Microgaming, NetEnt, Evolution Gaming, Play ‘N Go, to ensure you will experience exciting, entertaining, and issue-free gameplay, with a user-friendly interface and well-made graphics. Look out for other criteria, like if the online casino is mobile-friendly, does it have an easy to navigate the platform, and what are its supported payment methods.
To make it easier for you we have selected the best online casinos accepting CAD and listed them on this page, each with a detailed review. Check them out now and have HD gambling sessions and easy CAD transactions!
Legal Online Gambling status in Canada
Some time ago, gambling was considered illegal in Canada and plenty of betting fans still wonder whether it’s legal for them to gamble at online casinos or not from Canadian territories. The truth is gambling laws in Canada have evolved through the years. The individual areas within Canada were allowed to regulate gambling in their regions, thus leading to the opening of plenty of land-based casinos. Several years later, bingos and casual raffles in Canada were legalized for charitable events and horse races, and in 1985 gaming machines and online gambling were officially considered legal as well.
All in all, Canadians are not in any legal risk by playing at online casino sites. There are no cases of Canadian citizens ever been prosecuted for playing at online gambling venues. Canadian gamblers who play for fun won’t have to pay any taxes for their won amounts unless there are based on any form of employment or expectation of payout. This means you can enjoy online casino gambling from Canada without any legal worries!
FAQ about CAD Online Casinos
The exchange rate and fees between Canadian Dollars to US Dollars can be quite costly for players. Whit venues that support Canadian Dollars, you have a smaller risk of spending too much on exchange rates and taxes, have a better view of your balance, and don’t have to calculate how much you’re betting each team when in-game.
Most of the online casinos use geo-tagging to see which country or region the players are visiting their site from and change their content based on players’ locations. Canadian players can see each piece of information on the site, including the bonus offers in CAD. Usually, in this situation online casinos that also support Canadian payment methods, payout bonuses in CAD currency.
There are some charges applied by your credit card provider, depending on their policies, when making a deposit at your online casinos. Other than that card transactions to online casinos are completely free of charge. Other payment services, such as e-wallets, also apply charges on their own and that is why sometimes players prefer not to use them quite often. However, online casinos encourage players to use a variety of payment services by offering real bonus money for any deposits made using one of those methods.
The Canadian banks which allow online gambling at the Bank of Montreal, the Bank of Nova Scotia, the Canadian Imperial Bank of Commerce, the Royal Bank of Canada, and the Toronto-Dominion Bank. You can use your funds from one of these banks or open an account with them to make deposits and withdraws at your chosen online casino.
The best online casinos suited for Canadian players are listed on this page by our team. You can transfer your money in CAD without any issue and have exciting gambling sessions. Check them out now!
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