How to deposit funds at a Canadian Online Casino

Many new casino players write us to ask, how one deposit funds at Canadian online casinos. Some players have questions about payment methods and safety. Therefore, we thought we would make a small guide going through the most general details of how to make a first deposit. Read this article to find out more.

To play at most online casinos, players will have to make deposits. Therefore, deposits are one of the first things a player must get used to when signing up to an online casino. There are several different payment methods and each method have small details that differ when using them. The most common payment methods are either Credit Card payment (Visa or MasterCard), Prepaid (PaysafeCard) or through e-Wallets (Skrillor Neteller). Furthermore, many casinos are introducing the possibility to pay with Cryptocurrencies (Bitcoin, Ethereum, and more).

Regarding security, most online casinos implement a 128-bit SSL-encryption. This state-of-the-art encryption makes sure that your information is kept safe. Some casinos also implement two firewalls to make sure that the encryption key and therefore also the data is kept safe.

So, how does one deposit funds?

1. The first step is to login into your casino account – or create one if you haven’t already.

2. Head over to “Deposit”

3. Choose your payment method

4. Choose the amount you will deposit*

5. Make the deposit

*Some casinos have minimum deposit amounts as high as C$20. Canadian 1 deposit casinos also exist. These casinos allow you to deposit a minimum of C$1. We also want to point out that most online casinos give you the chance to take part in a promotion. Usually, you need to make a first deposit to accept the bonus. Many bonuses match your first deposit and double it! Once you have accepted a bonus you will have to comply with wagering requirements before you can withdraw funds.

Things to keep in mind while depositing

It is important to take note of somethings before making a deposit. The minimum deposit amount has already been mentioned. Another thing is transaction fees. Some online casinos charge a transaction fee on certain payment methods. We therefore recommend all our readers to always keep an eye on the small notices in the terms and conditions.

Furthermore, we also recommend our readers to keep an eye on withdrawing options as these go hand in hand. Most online casinos have a minimum limit on how much/little you can withdraw. Players who have accepted promotions must also fulfil wagering requirements before being able to withdraw any money from the account. It is also important to note that players cannot always withdraw from the method they choose to deposit with. When this happens, withdrawals will take place through a bank transfer. Some payment methods are also slower when it comes to withdrawals. E-wallets are usually fast withdrawals while bank transfers usually take the longest time.

Here we have summarized the points you should take note of when you make deposits:

• Minimum deposit amount

• Transaction fees

• Withdrawal options

• Minimum Withdrawal

• Wagering requirements (if players have opted for a promotion)

• Processing times for withdrawals

Conclusion

Making a deposit is easy. In this article we have described exactly how easy it is. Most Canadian online casinos today, offer several different payment methods that suit different people. Once you have created a casino account you just have to head over to your casino wallet. In the wallet, you will be able to choose your favourite payment method and make the deposit.

We have also mentioned the things we think you should take note of when making your deposits. Transaction fees, minimum deposit amounts and withdrawal requirements are just a few of those things. Remember most Canadian online casinos have a minimum deposit of C$10-20 but there are a few that allow you to deposit as little as C$1.