Features of CoinPoker: Why Play Poker Online with Us?
A long list of fantastic features sets CoinPoker apart from the legacy online poker platforms. Here is a Canada poker online review for our platform.
The World’s Leading Crypto-Friendly Poker Site
If you’re looking for an online poker site where you can use and win cryptocurrency, the search is over.
CoinPoker is easily one of the world’s leading online poker platforms in 2024 and one of the few where you can deposit using several major cryptocurrencies including BTC, ETH, and USDT.
Along with the cryptocurrencies you’ll already be familiar with, CoinPoker has a dedicated currency called CHP. Simply deposit with CoinPoker, convert your coin to CHP, and play with it at the tables. You can also buy CHP directly from crypto exchanges.
Decentralized RNG
We make sure you get a fair game with our advanced and transparent decentralized RNG. At CoinPoker, when you sit at a table you directly contribute to the shuffling of the deck in real-time, so you can see exactly how you help keep the game fair.
We do this so you can experience the fairest online poker tables, just like our members expect. You can also even the exact shuffle with our Hand Hindsight feature, showing the entire deck order for previous hands.
Mobile Poker on the Go
Get ready to play online poker in Canada for real money anywhere! Our CoinPoker mobile app is available on iOS and Android, with a fast, smooth, and easy install. What’s more, the CoinPoker app also offers the same great variety of cash games and online poker tournaments.
All of our online poker games are available on vertical tablets too, so wherever you are in Canada – be it in the traffic of downtown Toronto or some serene wilderness in Nova Scotia, you can still crush the opposition at the tables and win big.
Bonuses, Cashback & Promotions
Here at CoinPoker, we want to make sure you get off to a strong start, so we have an awesome selection of deposit bonuses, cashback rewards, and exciting tournament promotions ready for you.
For our new players, we’ve got some of the best welcome bonuses around, where you can earn 150% on your first deposit – up to $2,000!
Every Monday we’re giving all our players with CHP 33% cashback for their previous week’s play.
Don’t forget to check out our special events and promotions, stacked with real cash prizes and huge tournament tickets to big guaranteed prize pools.
Safety and Trust
Your safety is a top priority for us, that’s why we have our Proof of Reserves, confirming that we have the funds to cover all of your bets. When you combine that with our Anjouan Internet Gaming License, you can be sure that we are trustworthy, and a safe place to play.
Not only do we have the best online poker in Canada, but it comes with the security you need. Using our advanced blockchain technology and dedicated Fireblock Vaults we keep all of your crypto transactions secure.
Anonymous Play
Being a crypto poker website, you can create your account, with no verification. This means you can sign up and play with just your email and name. No need to send your passport or driving license and all transactions are completed with your e-wallet.
This means that you can enjoy online poker in Canada for real money anonymously. Enjoy cash games, tournaments, and a host of great features securely knowing your identity is safe. Registration is easy and fast, then you can deposit and hit the tables in minutes.
CoinPoker’s Poker Variants
Discover our poker lobby, packed with hand-crafted poker experiences tailored to suit your budget. You can find a cash game with blinds from as little as $0.02 up to $500 high roller tables.
Hit a satellite tournament for tickets to top GTD prizes or buy in from as little as $2. No matter what your bankroll is, you can find a table from our three classic variants. We keep our poker simple so you can get the most out of your online poker in Canada.
No Limit Texas Hold’em
In the world’s most popular poker variant, Texas Hold’em, you have to make the best five-card poker hand out of your two ‘hole’ cards and the five community cards. There are four rounds of betting and no limit on how much of your chip stack you can bet.
Pot Limit Omaha (PLO)
In PLO you receive four hole cards, and you must make the best five-card hand from two of your hole cards and three of the five community cards. Also, note that betting is capped at the current total value of the pot.
5-Card Pot Limit Omaha (PLO5)
5-card PLO is identical to PLO, except that you have a fifth hole card to choose from. However, you can still only use two of these hold cards in your final hand.
CoinPoker’s Tournament Lineup
At CoinPoker there are dozens of exciting online poker tournaments running every single day, offering a variety of buy-ins and guaranteed cash prizes. You’ll find our special events alongside the ever-popular Cosmic Spins.
We have a stack of different styles, from Hyper and Turbo to Deep stacks with huge GTD prizes. Not to mention curated Sunday Specials for the week’s top prizes. Everything is easy to find in our lobby, just choose your table and go.
Poker in Canada: Trends & Market Size
Every year, millions of Canadians take part in some type of gambling. The Canadian gambling industry hit $14.54 billion in 2023 and it’s expected to increase going into 2024 and online poker is a large part of that figure.
In fact, in 2023, over 3.2 million Canadians reported playing poker in one form or another—almost 10 percent of the population—and, unlike across the border in the United States, Canadian citizens are free to play poker online.
As we mentioned above, there were over 3 million poker players in Canada as of 2023, and the popularity of the game has only been growing. There is also a vibrant live poker scene, with the likes of the Casino Regina, Winnipeg’s Club Regent, Casino Niagara, and Calgary’s Grey Eagle offering a wide range of cash games and tournaments.
Canada has produced some of the world’s best poker players, like Jonathan Duhamel, Sam Greenwood, and Evelyn Ng. The most famous is Daniel Negreanu, with 7 World Series of Poker (WSOP) bracelets and $52M in winnings. Considered one of the best players of all time, Daniel is an icon in the online poker world.
The future for live and online poker in the country is also bright, with more and more live tournaments coming to the country, while an increasing number of poker players relocate from the US to play the world’s favorite card game.
The Legality of Online Poker in Canada
Online poker in Canada is regulated at the provincial level, instead of at a federal level,so this means each province can set its own gambling laws.
The good news is, that online poker on licensed and regulated sites is 100% legal across all of Canada, and each province has legalized poker in Canada online.
Canada’s reputation as a poker-friendly country has seen many online poker players relocate from the US to north of the border.
As the popularity continues to grow, in 2024 Canada updated its poker legislation, specifically to provide clear guidelines for online poker operators, enhancing player protections and improving coordination between the federal and provincial legislators. Regulations also now more clearly differentiate between online and live poker games.
The legal age to play online in Canada varies from state to state, but it is 19 years old across the majority of the country. The exceptions are Alberta, Manitoba, and Quebec where the minimum legal age to play poker is 18.
How CoinPoker Compares to Other Online Poker Sites in Canada
CoinPoker offers a fresh and exciting approach to virtual poker. Here’s how we compare to other poker sites in Canada:
Cryptocurrency Focus: Unlike traditional sites relying mostly on fiat currency, we’re designed for crypto. This means faster transactions, greater privacy, and lower fees. It’s like trading in a bike for a high-performance car.
Anonymity: Most regulated sites require your personal information. At CoinPoker, you can play with just an email address, ensuring your privacy. Legally play with no verification and enjoy great poker.
Innovative Technology: Our blockchain technology, decentralized RNG and Proof of Reserves system provide a level of transparency and fairness unmatched by traditional sites. You know your money and details are safe with us.
No Geolocation Requirements: Play from anywhere in Canada without worrying about geolocation issues that sometimes affect provincial-regulated sites. Whether you’re in Toronto, Montreal, or the countryside, as long as you have an internet connection, you’re ready to play.
Global Player Pool: While some regulated sites restrict players within provincial borders, CoinPoker welcomes players from around the world. This means more action, larger tournaments, and games running around the clock.
Generous Promotions: Our cashback gives you a whopping 30% every week, but throw in generous welcome bonuses, ongoing special events, and our Bad Beat Jackpot to get more ways to win.
CoinPoker offers a unique and innovative poker experience that many players love. We combine the thrill of online poker with the cutting-edge technology of cryptocurrency to create a truly exceptional platform.
Taxation of Poker Winnings in Canada
Interestingly, gambling-related activities in Canada, including online poker, can’t be taxed, according to the Income Tax Act. This is because they are not a ‘regular source of income’ such as work or owning property.
This means that for Canadian online poker players, anything you win at the tables on CoinPoker is yours to keep, tax-free. There are however two exceptions to this.
Firstly, if your gambling winnings result in interest or dividends, this income would have to be declared on T3, T5, and T5013 forms, and would be taxed between 15% and 33%. Note that this could impact whether or not you need to pay tax on any gains you make from your crypto.
Secondly, if you’re a professional poker player where your winnings are your primary source of income, these earnings would have to be declared. Although losses can be deducted from the taxable amount, your earnings from playing poker professionally would be subject to both provincial and federal taxes.
If you find yourself unsure of if or what you need to pay, we recommend you check with a local authority or an advisor to make sure you are up to date.
The Legality of Cryptocurrencies in Canada
Although crypto has not been given the status of ‘legal tender’ by the Canadian government, it is still completely legal to buy and sell cryptocurrency as a commodity, including the major cryptocurrencies we accept on CoinPoker: BTC, ETH, and USDT.
This means that you can purchase these coins, as well as our platform-specific coin CHP, with Canadian Dollars and convert it back whenever you wish. It’s worth noting that in Canada, cryptocurrencies are regulated under securities legislation.
How to Buy Cryptocurrencies in Canada
Buying cryptocurrencies in Canada is simple, there are websites called exchanges, and these allow you to trade your CAD for crypto instantly.
If you’re buying crypto to use on CoinPoker, you’ll need to find an exchange that offers BTC, ETH, or USDT. If you want to purchase our unique CHP currency, you can use KuCoin, AltCoin, HitBTC, ForkDelta, or YObit.
Note that different exchanges charge different fees, so it’s recommended that you do your research before making a crypto purchase. Once you make a purchase your crypto can be stored in an ‘eWallet’. These are like real wallets or purses, just for crypto.
Once you’ve identified the best exchange for you, you’ll need to create an account, in many cases, exchanges often provide their own ‘hosted hot wallets’, or you can get a personal hot wallet.
Then simply head to the exchange’s trading terminal and select the cryptocurrency you want to buy.
Best Crypto Exchanges in Canada
There are several exchanges you can access from Canada to purchase your cryptocurrencies, but which have the best reputations?
You can purchase our CHP from a select list of exchanges. They are KuCoin, AltCoin, HitBTC, ForkDelta, or YObit. For all other cryptocurrencies, you can pick from our top recommendations.
- Kraken: Founded in 2011, Kraken is one of the oldest exchanges around and offers over 230 tradable coins with competitive trading fees.
- Crypto.com: Stocks over 250 coins, as well as unique perks and rewards for Crypto.com Visa Card users.
- Coinbase: One of the most recognizable names in crypto, with an easy-to-use platform and advanced features like in-depth technical analysis.
- Gemini: Offers a wide range of features, including their unique Gemini Earn program which offers users interest on their crypto holdings, as well as the Gemini Credit Card.
Safer Gambling in Canada
At CoinPoker we take your safety seriously, and we have several tools in place as part of our Safer Gambling policy. You can set deposit limits, take a time out, or self-exclude away from gambling.
These tools let you control how much you play and how much you wager, and we recommend you play within your means and stay safe.
If you feel you or anyone you know is struggling, the Canadian Responsible Gambling Council has a lot of information, support, and helplines.
Remember, gambling and poker are entertainment and a game, not a guaranteed way of making money. Play smart, know your limits, and always gamble responsibly.
Join Today and Play Online Poker in Canada
Now you have all you need to get dealt in and join the fun here at CoinPoker. Registration is easy, and you can sign up with no verification details.
Once you’ve logged in, you’re ready to find your next cash game or tournament. With bounty hunts, Sunday Special tournaments, and a stack of GTD prizes every week you’re sure to find great action.
We’re bringing you the best online poker in Canada for real money, come in and find your seat today.