Bitcoin at Oxibet Casino — the numbers
Method-level facts here are researched and sourced. The minimums, processing window, limits and fees are our own published cashier policy, and they are the same across every method we offer.
| Metric | Value |
|---|---|
| Method | Bitcoin |
| Type | Cryptocurrency |
| Operated by | None — a decentralised protocol with no issuing company |
| Available in Canada | Canadians can buy, hold, send and receive BTC. Platforms serving Canadians must be registered with securities regulators and with FINTRAC as money services businesses |
| Canadian dollar support | No — BTC is not CAD-denominated. We convert at deposit, so you carry the price movement in between |
| Minimum deposit | C$10 |
| Minimum withdrawal | C$50 |
| Deposit speed | Roughly 10–60 minutes. Blocks average about 10 minutes and we require confirmations before crediting |
| Withdrawal speed | Our processing window plus roughly 10–60 minutes on-chain |
| Our processing window | Up to 24 hours from our side once you request a payout |
| Withdrawal limits | C$1,500 per day · C$3,000 per week · C$10,000 per month at the standard account tier, higher on VIP tiers |
| Fees from Oxibet | None from us |
| Provider or bank fees | No protocol fee, but a market-priced miner fee that swings from cents to several dollars with network demand. We absorb deposit network fees and deduct a flat network fee on withdrawals |
| Supports withdrawals | Yes |
| Account currency | Canadian dollars (CAD) |
Why our players choose Bitcoin
The advantage. The most liquid and most widely accepted crypto, with no bank or card issuer in the path — so no cash-advance pricing and no gambling-category blocking.
The limitation. Price volatility between deposit and cash-out, irreversible transactions with no chargeback, and fees that spike when the network is busy.
What you should know before you use it
Worth being clear about the wider context: no AGCO or iGaming Ontario-registered operator accepts cryptocurrency. Crypto deposits are a feature of internationally licensed sites like ours, not of the Ontario regulated market. That is part of why we cannot accept Ontario players.
How to deposit with Bitcoin
At Oxibet Casino we make deposits fast, simple and secure so you can get straight to playing. Four steps:
Choose Bitcoin in the cashier
We generate a deposit address for you.
Send from your wallet or exchange
Send only BTC to a BTC address. Sending another asset loses it permanently.
Wait for confirmations
Typically 10 to 60 minutes depending on the fee you attached and network congestion.
Play in CAD
We credit your balance in Canadian dollars at the conversion rate when the deposit confirms.
Withdrawing to Bitcoin
Before we pay anything out we have to verify your account once — that is an anti-money-laundering condition of our licence, not a delaying tactic. The blockchain needs no identity, but we do. Full verification applies before your first payout. Under Canada's anti-money-laundering framework, reporting entities dealing in virtual currency have reporting obligations at the C$10,000 threshold.
Verify your account
ID and proof of address, once.
Request a BTC payout
Minimum C$50 equivalent. Paste your receiving address carefully — crypto transactions cannot be reversed.
We process inside 24 hours
Then the transaction goes on-chain.
Roughly 10 to 60 minutes on-chain
We deduct a flat network fee.
Other methods worth considering
If Bitcoin does not suit you, these three are the closest alternatives in our cashier. All twenty are on our payments page, with a full comparison table.
Litecoin
Cryptocurrency
- Min depositC$10
- FlowBoth ways
Ethereum
Cryptocurrency
- Min depositC$10
- FlowBoth ways
Tether (USDT)
Cryptocurrency — stablecoin
- Min depositC$10
- FlowBoth ways
Common questions about Bitcoin
How long does a Bitcoin deposit take?
Usually 10 to 60 minutes. Bitcoin blocks average about 10 minutes and we wait for confirmations before crediting. If you attach a low fee during a busy period it can take hours.
Do I take on price risk?
Yes. BTC is not CAD-denominated. We credit your balance in Canadian dollars at the rate when your deposit confirms, so any movement between buying the BTC and depositing it is yours.
Can a Bitcoin transaction be reversed?
No. There is no chargeback mechanism. Check the receiving address character by character before you confirm a withdrawal.
Why do internationally licensed casinos take crypto when Ontario ones don't?
No AGCO or iGaming Ontario-registered operator accepts cryptocurrency. Crypto is a feature of the international market, which is also why we cannot accept Ontario residents.
Ready to deposit?
Open an account in about five minutes, set CAD as your currency, and fund it with Bitcoin from C$10. Set your deposit limits in the cashier while you are there.
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