Canadian Dollar Casinos – Best Sites for Canadian Players
Canada’s official currency is Canadian Dollar (CAD). Its abbreviation is $ and it can be divided into 100 cents. The five most held reserve currencies in the world are the US dollar, the EUR, the yen, the sterling, and the CAD. Central banks in Canada where the Canadian dollar is popularly used are affected by the country’s political and legal systems which are considered stable. This dollar-dominated currency is also affected by the Canadian government which has a strong sovereign position when it comes to the country’s relative economic soundness.
The Highest Ranked Casinos Accepting Canadian Dollar (CAD) on CasinoLandia
CasinoLandia will reveal the Best Casinos that accept Canadian Dollar!
We at CasinoLandia have researched the iGaming market extendedly to find and select the best online casinos accepting the Canadian dollar. We have given these top-class casinos comprehensive reviews in which we analyze their essential aspects such as game collection, portfolio of software developers, bonus program, and more. Below, you can find the best online casinos that accept Canadian dollar so feel free to browse them and join the casino you prefer best.
PlayOJO Casino has been officially established in 2017. Since then, the casino has obtained licenses and certificates from the Ontario Lotteries and Gaming Corporation, the UKGC, and the Malta Gambling Authority. The casino offers multiple smashing bonuses and promotional deals that are worth claiming, including no wagering offers. The brand partners with leading software developers such as NetEnt and Microgaming.
Casombie Casino is an entertaining betting site that operates legally in the iGaming market since 2021. The brand holds a license by the Government of Curacao and stands out with an enriched bonus program. Partnering with Microgaming, BetSoft, and NetEnt, this casino gives players access to various thrilling entertaining titles such as slots, card games, table games, and live dealer games.
Spin Samurai Casino officially joined the iGaming market in 2021 and since then it has been successfully collaborating with top-notch software developers such as Quickspin, Pragmatic Play, and iSoftBet. The casino ensures players’ safety and security by offering the latest version of SSL-encrypting technology that protects players’ sensitive data.
What is the Canadian Dollar (CAD)
The Canadian dollar, being the official currency of Canada, is often times referred to as “loonie”, especially by English-speaking Canadians. The Canadian dollar accounts for around 2% of all global services. It is intriguing to take a look back at how Canadian-English speakers and American-English speakers use the slang word “buck” for the dollar. This term appeared in the 17th century when a coin has been struck by Hudson’s Bay Company. Its value has been a “buck” because it has been equal to a male beaver’s pelt. On the other hand, Canadian-French speakers use the terms piastre and huard.
Key Facts About the Canadian Dollar
Canadian Dollar (CAD)
Symbols
$, CA$, Can$, C$
Nicknames:
Loonie, buck, Huard, piastre
ISO 4217 code:
CAD
Central Bank:
Bank of Canada
Currency Subunits:
Cent = 1/100
Banknote Denominations:
$5, $10, $20, $50, $100
Coin Denominations:
Coins: 5¢, 10¢, 25¢, $1, $2
Countries using this currency:
Canada
Currencies pegged to CAD:
No currencies
CAD is pegged to:
No currencies
History and Tradition of the Canadian Dollar
The Canadian dollar has a rich history of traditions and twists. First introduced in 1858, the currency went through many changes to reach 1970, when the Canadian dollar became a floating currency. Crucial events in the history and traditions of the currency would be dates such as 1821 when the first banknotes were issued by the Bank of Montreal as the primary form of payment. After passing legislation, in 1851 the so-called pound sterling was introduced into circulation. Subsequent events included the introduction of the gold standard, the replacement of the Canadian pound with a Canadian dollar aligned with the U.S. dollar, and the establishment of the Bank of Canada serving as the country's central financial authority.
WHY DO CANADIAN DOLLAR DEPOSITS MAKE SENSE, AND WHAT ARE THE ADVANTAGES?
When gambling at an online casino that accepts Canadian dollar, Canadian players can place deposits directly using their native currency. This will result in tax-free and quick-to-proceed transactions. In fact, when gambling with your native currency, you avoid paying additional exchange taxes and fees. On the other hand, such transactions proceed at lightning-fast speed since there is no conversion included in the process. At other online casinos, Canadian players have to pay additional taxes and fees in exchange. These are the two primary advantages for Canadian players.
THE CANADIAN DOLLAR COMES WITH SPEEDY AND RELIABLE DEPOSITS
Deposits proceeded with the Canadian dollar are quick and easy. Such deposits stand out as reliable and trustworthy. Canadian players have a wide diversity of reliable payment methods to choose from and they all prioritize user protection by implementing the latest SSL encryption technologies. Popular usual fiat payment methods such as credit/debit cards like Mastercard and Visa can be used with CAD. E-wallets such as Neteller and Skrill also can be used with this currency. Of course, Canadian players can transfer their funds to their preferred online casino via bank transfer which is a classic and trustworthy option.
PAYING WITH CANADIAN DOLLAR IS AN EXCELLENT PICK – SO DO IT WHEN YOU HAVE THE CHANCE!
As a Canadian player, you should definitely pick an online casino that accepts Canadian dollar. Such brands are an excellent option for you since they allow you to deposit in your native currency, meaning you won’t have to pay additional taxes and fees due to exchange procedures that sometimes can be quite tricky and costly. Online casinos accepting Canadian dollar are legitimate betting sites that deliver a safe, secure, and protected gambling environment. Paying with this currency allows you to enjoy tax-free and quick transfers to/from your preferred online casino.
CANADA IS BOTH A MAJOR MARKET AND A SAFE HAVEN FOR BIG CASINO BRANDS
Gambling-related activities are considered legal by the Canadian government. Back in time, gambling began as land-based casino venues in individual areas in Canada. After that, many additional gambling activities followed to be legalized within the country. Canada’s gambling laws permit gambling at licensed and certified casinos that deliver a legitimate betting experience that protects users. Nowadays, Canadian players can gamble at online casinos that accept Canadian dollar and enjoy a fair and transparent gaming process. Such online casino brands ensure the highest level of fairness and quality of the games they list on their sites, therefore, their outcomes are guaranteed to be based on true luck and real chances.
Other Popular Currencies in Online Casinos
Visit the Capital of CurrencyLandia at the heard of CasinoLandia for info on each of the major currencies on Earth.
Is the Canadian Dollar deposit option widespread in online casinos?
Yes, the Canadian dollar is one of the main currencies for most online casinos through which you can deposit or withdraw funds.
Which are the best casinos that accept the Canadian Dollar for deposits?
You can find a complete dedicated list of the best casino brands, which accept Canadian dollars further up in the article.
Are there special bonus offers available at casinos for players depositing in Canadian dollars?
Yes, most online casino operators offer Canadian players dedicated bonuses in Canadian dollars.
Is it safe to deposit in Canadian dollars?
Of course! The Canadian dollar is a primary currency, and trusted payment services suppliers provide fast, secure, and seamless Canadian dollar transactions.
What are the most used payment methods in Canada to deposit Canadian dollars?
The Canadian players are able to deposit in Canadian dollars flawlessly through payment providers such as VISA, Interac, Mastercard, Paypal, American Express, Discover, or Paybright.