Best Dogecoin Online Casinos in Canada
The web-based gambling industry in Canada is steadily expanding, with new virtual casinos joining the bandwagon regularly. In such a bustling gaming atmosphere, players are constantly looking for secure, fast, and efficient ways to move funds to and from their online gambling accounts.
Cryptocurrencies have become a popular option for casino deposits and withdrawals in the last decade. One of the most prominent among them is Dogecoin, appreciated for its security, anonymity, low fees, and short transaction processing times.
In this guide, we’ll discuss Dogecoin’s origins and features, delve into its pros and cons, and see how you can use it to make successful online casino transactions.
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What Is Dogecoin?
Creators Jackson Palmer and Billy Markus developed Dogecoin (DOGE) in December 2013 in an effort to offer a user-friendly alternative to more complex cryptos like Bitcoin. Essentially, Dogecoin is a cryptocurrency inspired by a popular “doge” meme featuring a Shiba Inu dog.
It quickly gained popularity for its fun and playful nature. However, what really skyrocketed it to fame was a series of tweets from Tesla’s CEO Elon Musk expressing his appreciation for the cryptocurrency.
Despite that, DOGE was still regarded as just a humorous meme coin for a long time. The tables turned in 2021 when its market capitalization reached more than $85 billion, making it one of the largest cryptocurrencies. This gave Dogecoin some merit and, as a result, it became a viable option for online transactions, including virtual casino deposits and withdrawals.
How Does Dogecoin Work?
Dogecoin works on a secure and decentralized blockchain network that uses a public ledger to record transactions and is maintained by computers referred to as nodes.
Akin to the more prominent cryptocurrencies, such as Ethereum and Bitcoin, Dogecoin features a global computer network used to process its transactions and mine new coins. However, DOGE also differs from BTC in some key aspects.
Namely, in contrast to the original cryptocurrency, it uses Script technology, and its block time is shorter — under a minute. What’s more, Dogecoin doesn’t put a cap on the potential number of coins, which is in direct contrast with Bitcoin’s finite supply.
Dogecoin Fees
As opposed to many other cryptos, especially large ones like Bitcoin and Ethereum, Dogecoin has almost negligible fees. Each transaction sets you back less than a dollar, which doesn’t put a strain on your budget, even after using the currency for a long period of time.
In addition to that, most online casinos in Canada that accept Dogecoin don’t charge any administrative fees for your deposits and withdrawals.
What Is Dogecoin?
Creators Jackson Palmer and Billy Markus developed Dogecoin (DOGE) in December 2013 in an effort to offer a user-friendly alternative to more complex cryptos like Bitcoin. Essentially, Dogecoin is a cryptocurrency inspired by a popular “doge” meme featuring a Shiba Inu dog.
It quickly gained popularity for its fun and playful nature. However, what really skyrocketed it to fame was a series of tweets from Tesla’s CEO Elon Musk expressing his appreciation for the cryptocurrency.
Despite that, DOGE was still regarded as just a humorous meme coin for a long time. The tables turned in 2021 when its market capitalization reached more than $85 billion, making it one of the largest cryptocurrencies. This gave Dogecoin some merit and, as a result, it became a viable option for online transactions, including virtual casino deposits and withdrawals.
How Does Dogecoin Work?
Dogecoin works on a secure and decentralized blockchain network that uses a public ledger to record transactions and is maintained by computers referred to as nodes.
Akin to the more prominent cryptocurrencies, such as Ethereum and Bitcoin, Dogecoin features a global computer network used to process its transactions and mine new coins. However, DOGE also differs from BTC in some key aspects.
Namely, in contrast to the original cryptocurrency, it uses Script technology, and its block time is shorter — under a minute. What’s more, Dogecoin doesn’t put a cap on the potential number of coins, which is in direct contrast with Bitcoin’s finite supply.
Dogecoin Fees
As opposed to many other cryptos, especially large ones like Bitcoin and Ethereum, Dogecoin has almost negligible fees. Each transaction sets you back less than a dollar, which doesn’t put a strain on your budget, even after using the currency for a long period of time.
In addition to that, most online casinos in Canada that accept Dogecoin don’t charge any administrative fees for your deposits and withdrawals.
How to Start Using Dogecoin
If you’re new to Dogecoin and cryptocurrency in general, here is what you need to do before you can deposit and withdraw using this payment method:
Buy DOGE
Find a reliable crypto exchange, such as Coinbase or Binance, and purchase DOGE coins. Take note that the value of Dogecoin is highly volatile, so the prices can change quite quickly.
Choose a crypto wallet
Although you may be able to store your DOGE on an exchange, getting a wallet and transferring your crypto there is a much smarter option. There are many excellent apps you can use and download to your desktop and mobile devices.
Create a strong password
Once you select a wallet, you should create a strong password for it, as this is your main protection against cyber attacks.
Transfer the coins to your wallet
After you’ve set up the wallet, you should transfer your coins from the exchange to it. This will make sure your coins are secure and ready for online casino transactions.
How to Make a Casino Deposit Using Dogecoin
When you have enough DOGE in your wallet, you’re ready to use it to fund your online casino account. Here is the breakdown of the process:
- Log in to your online casino account or create one.
- Go to the Cashier section and open the Deposit tab.
- Select Dogecoin as your preferred payment option.
- Copy the casino’s blockchain address that appears on the screen.
- Open your DOGE wallet and send the desired coin amount to the casino’s address.
- Wait a few minutes for your transaction to be complete.
- Good luck!
How to Make a Casino Withdrawal Using Dogecoin
In addition to making casino deposits, you can also use Dogecoin to withdraw your winnings. Here is what you need to do to transfer the funds to your wallet:
- Log in to your casino account and open the Cashier.
- Click on Withdraw and choose Dogecoin as your banking option.
- Enter the amount you’d like to withdraw.
- Submit your DOGE wallet address and confirm the transaction.
Most online casinos will need between 24 and 72 hours to review your payout request. This information is featured in the site’s Terms & Conditions or in its Banking Policy.
Dogecoin Alternatives for Online Casino Payments
Dogecoin is a popular cryptocurrency, but it may not be the best option for everyone. If that’s the case for you, here are some alternatives you can use instead:
- Ethereum
- Bitcoin
- Litecoin
- Tether
- Ripple
- TRON
However, if you prefer not to use crypto and go for the traditional fiat currency banking options, you also have a lot of payment processors at your disposal. Some of the most prominent ones include:
- Credit/debit cards (e.g. Visa, Mastercard)
- iDebit
- Instadebit
- Paysafecard
- ecoPayz
- MuchBetter
- Neosurf
Final Thoughts
As a secure, fast, low-fee, and anonymous payment method, Dogecoin covers the most important aspects of a desirable online casino banking option. In addition to that, it allows users to make convenient deposits and withdrawals in just a few clicks.
However, one must also take into account the cryptocurrency’s high volatility and relatively low coin value, as well as the fact that not many Canadian operators enable its use. Still, despite the drawbacks, Dogecoin remains a popular payment method among Canadian casino fans.
If you’d like to start using DOGE for your online casino transactions but don’t know where to find the platforms that let you use it, we can help. Take a look at our list of recommended Dogecoin Canadian casinos at the top of this page and choose the one that suits your preferences.
FAQ
Can I use Dogecoin to gamble?
Yes, you can. Dogecoin has become a viable banking option in recent years, which has prompted some Canadian online casinos to list it as a deposit and withdrawal option in their cashiers.
Are crypto casinos safe?
It depends — some crypto casinos are safe, while others aren’t. To ensure you pick the best option for your next gaming session, choose an operator from our list. We conduct thorough reviews of each platform, making sure they comply with rigorous security requirements.
Can I withdraw my winnings in Dogecoin?
Yes, you can. Most Canadian online casinos that accept Dogecoin for deposits also let you use this payment method for withdrawals.
Are there fees for Dogecoin transactions?
Yes, there are. When you make a Dogecoin deposit or withdrawal, you have to pay a small fee of less than a dollar. When it comes to online casinos, they usually don’t charge their own commissions.
How much time do Dogecoin transactions take?
Dogecoin transaction time depends on the network congestion, but most are usually processed within a minute.