PayPal is going to allow gamers to sell and buy Bitcoins to play slots and casino games in Canada. In recent news, it was found that Paypal is rolling out plans to start selling crypto and offering wallet services, and that could have a major impact on blockchain gaming. Coindesk based its news on ‘well-placed industry sources’.
Having Paypal as a payment option inside blockchain gaming apps, would make user acquisition much easier. Not only is Paypal already being used by millions of gamers worldwide, but it’s also connected to a credit card or bank account. As a result buying crypto, tokens or in-game assets would become a much smoother experience.
Paypal would supposedly work together with cryptocurrency exchanges in order to provide liquidity. Coinbase and Bitstamp are being mentioned by Coindesk. Paypal and Coinbase already work together, because the American crypto exchange allows users in the United States, Canada and Europe to withdraw their money to their Paypal accounts.
PayPal has 325 million active users
Currently, there are 325 million active Paypal accounts worldwide. Many users use Paypal as a payment option for their subscription, including for example PlayStation Online or Spotify. Having the option to offer Paypal as a payment option inside a blockchain-powered video game would be groundbreaking.
Users would be able to add ETH to their wallets for general trading. Perhaps they can buy in-game currencies directly through Paypal. Many apps directly connect to an Ethereum wallet, but through Paypal, there’s also a direct connection to a bank account. In general, it would make purchasing in-game assets much easier.
You can now play Blockchain-powered games
Paypal will open up the doors for many newcomers into the blockchain space. Compared with traditional games, blockchain-powered games often have some difficult hurdles to take. The user experience involving the creation of cryptocurrency wallets, private keys, buying cryptocurrencies or paying transaction fees can be rather troublesome.
Paypal is one way to make things easier, but there are all kinds of initiatives to make the process smoother. Second-layer solutions like Matic Network lower the fees for transactions on the Ethereum network. These type of solutions will not only benefit transaction fees, but also the transaction speed. In addition services like Arkane Network already allow for easier on-boarding.
Improvement of the user experience doesn’t only come from a technology point of view. The studios behind all these blockchain games also need to think about their game design. Games like Gods Unchained and Sorare first give players some free non-blockchain cards, before users get in touch with anything involving blockchain technology. Sky Mavis is planning something similar for their popular game Axie Infinity, while mobile games like Chainz Arena, Brave Frontier Heroes and Knight Story already offer a lite experience without the need for blockchain knowledge.
Bitcoin Casinos in Canada
Depositing money into Canadian bitcoin casinos is quite direct and easier than you would think. Payments are processed instantly and in case of a delay, the pending transaction does not last for more than 30 minutes. Join a bitcoin casino Canada to experience the convenience that comes with using the currency.
Like deposits, withdrawals using bitcoin are fast, inexpensive and secure. A big advantage to this method is that bitcoin casino instant withdrawals are not only possible, but the norm. Once your bitcoin wallet is linked to your casino account, transactions in both directions are generally faster than any other banking option.
To withdraw from a bitcoin casino, simply log in and navigate to the withdrawal page. There you will be prompted to enter your bitcoin wallet address and the amount of bitcoin you wish to withdraw. Your funds will be with you in no time. Players who use this method love the total anonymity and security that it brings to online transactions.
888 Casino Canada
888 Casino Canada allows Bitcoin deposits to play slots. You get $200 bonus plus $88 free play at this casino as sign up bonus.
Nomini Casino Canada
With over 4000 slot games, this casino also accepts bitcoins and Canadian players. Grab $700 sign up bonus as a new player.
There are various other bitcoin casinos that are exclusive to Bitcoins slots only.
Bitcasino.io is an online casino for bitcoin players onlyYou can deposit, play and withdraw money with bitcoins – the only currency accepted at Bitcasino.io. As a new player you are offered a welcome bonus of 100% up to m฿ 1,000. Enjoy slots, table games, multiple live casinos and over 1300 bitcoin casino games. Bitcasino.io is owned and operated by Luckbox Ent. Ltd and is regulated by the Government of Curacao.
NetBet casino is another Bitcoin casinos that is hybrid in nature. Which means it also accepts other currency as deposit options to play casino slots. NetBet Website is owned and operated by NetBet Enterprises Ltd and is regulated by the Malta Gaming Authority. As a new player you get 100% bonus on all casino games.
Rich casino is a legit casino when it comes to looking for the online casinos that accept Bitcoins. This casino is licensed and regulated with Curacao eGaming where you can enjoy over 800 slots games. As a new player you are offered 400% BTC bonus on your first three times deposits.
VegasCasino is another online casino that accepts Bitcoins and is a trademark of Vegas Royal S.A. With loads of BTC casino games to play as a new player you are awarded 100% welcome bonus on your first deposit upto 1000mBTC bonus.
BtcVegas is another Bitcoin Casino offering 50 free spins as no deposit. This Bitcoin online casino has a wide selection of over 200 online games like Video slots, Video Poker games, Blackjack, Roulette, Progressive slots and many more.
There are many other Bitcoin casinos in Canada that you can explore. Most of bitcoin casino Canada allows players to withdraw their winnings using the currency. In betting sites, bitcoin casino withdrawals are instant, meaning that you get your money as soon as you withdraw it. Some casinos have a limit on the amount you can withdraw while others have none. It is vital to join the best bitcoin casino to have a great gaming experience online in Canada.