Fastest Payout Online Casinos in Canada: Find Instant Withdrawals Gambling Sites

In today’s world of instant gratification, Canadian players want quick access to their potential winnings. For those lucky enough to score a win, a fast payout makes the experience even better. Compare the fastest withdrawal online casinos here.

Your Top 10 Fastest Withdrawal Casinos by Category

If you’re looking for a fast payout casino in Canada, you’re in luck! Take a look at our recommended list of gaming houses that offer some of the best withdrawal times:

💰 Fastest Crypto Withdrawals – 1Red

⚡ Most Instant Payout Options – Joker8

💳 Biggest range of E-wallets – Cashed

🔒 Safest withdrawals – Vegasino

📱 Fast mobile payouts – MyChance

🎰 Best variety of fast Paying options – Spinsy

🆓 Zero fees on instant payouts – Spinsy

📈 Highest maximum deposits – HellSpin

💸 Lowest minimum withdrawals – Nova Jackpot

👑 Top VIP program for instant withdrawals – Tahiti

Why Quick Withdrawal Methods Matter

While gambling sites should be about entertainment, it only makes sense that any player would want their hands on their winnings as soon as possible. That’s why payment methods like cryptocurrencies and e-wallets are so popular. The top fast paying online casinos offer:

Increased Security

By using e-wallets and cryptocurrencies instead of credit cards, players can keep their financial details safe and private at all times.

Low or no fees

Low Or No Fees While most banks will charge a fee for transactions, using e-wallets and cryptocurrencies often means no additional charge.

Convenience

Once set up, making both withdrawals and deposits is a very streamlined and straightforward process.

Top Instant Withdrawal Casinos in Canada Reviewed

Almost every casino in Canada, unless otherwise stated, will have credit/debit card banking options, as well as vouchers, e-wallets and more. For the sake of this page, we are focusing only on our top fast payout casinos that support e-wallets and crypto-currencies.

Top Pick
Welcome Bonus
$750 + 200 Free Spins
200% Up to $15,450 + 100 Free Spins
$750 + 200 Free Spins
100% Match Bonus of up to $750 + 200 Free Spins
Instant withdrawals
E-wallets 5 3 5 5
Cryptocurrencies 4 8 7 4
Zero fees
Overall Rating
4.9/5
4.8/5
4.9/5
4.7/5

1. Cashed

  • Fastest payout method: E-wallets
  • Withdrawal time: Instant to 3 days
  • Withdrawal fees: $0
  • Average minimum deposit: $20
Cashed Casino Homepage
Play at Cashed Now! Welcome Bonus: $750 + 200 Free Spins

Editor’s Note:

Not only does Cashed Casino have loads of betting options, from online and live casino games to horse racing and a sportsbook, it has a great VIP program as well, along with plenty of challenges and tournaments!

2. 1Red Casino

  • Fastest payout method: E-wallets and cryptocurrencies
  • Withdrawal time: Instant
  • Withdrawal fees: $0
  • Average minimum deposit: $30
1Red Casino Homepage
Play at 1Red Now! Welcome Bonus: 200% Up to $15,450 + 100 Free Spins

Editor’s Note:

What I love just how many banking options there are, with so many different cryptocurrencies available – not to mention the amazing games selection!

3. Joker8 Casino

  • Fastest payout method: E-wallets and cryptocurrencies
  • Withdrawal time: Instant
  • Withdrawal fees: $0
  • Average minimum deposit: $20
Joker8 Casino Game Library
Play at Joker8 Now! Welcome Bonus: $750 + 200 Free Spins

Editor’s Note:

I love how safe and convenient it is to transact with Joker 8, and depending on your VIP status, you can potentially withdraw up to $30,000 a month!

4. Vegasino Casino

  • Fastest payout method: Cryptocurrencies
  • Withdrawal time: Instant
  • Withdrawal fees: $0
  • Average minimum deposit: $20
Vegasino Homepage
Play at Vegasino Casino Now! Welcome Bonus: 100% Match Bonus of up to $750 + 200 Free Spins

Editor’s Note:

With its fun, frisky use of colour, plentiful gaming varieties and safe banking options, Vegasino gets a big thumbs up from us in terms of being an entertaining casino with plenty of fast withdrawal options.

Fastest Payout Options Available to Canadian Players

By now, it should be clear that compared to credit cards, debit cards and EFT, e-wallets (also known as web wallets) and crypto-currencies are the fastest payment methods.

An e-wallet, such as Skrill, Neteller and Jeton, acts as something of a third party, where a user creates an e-wallet account and adds funds to it in whichever way works best. They can also make withdrawals from an online casino directly back to their e-wallet, thereby keeping their banking details and information safe.

On the other hand, cryptocurrencies are a form of digital currency that use blockchain technology. Popular names include Bitcoin, Litecoin and Ethereum, and they are a popular choice for online casino transactions because they are super-fast and anonymous, but may involve higher fees.

On the note of fees, most gambling sites will not charge a fee when you make a withdrawal, but whether or not your payment method does will depend entirely on the merchant you’re using. The table below will provide an overview of the average payout times and associated fees you can expect to incur when using e-wallets and crypto-currencies.

Editor’s tip: 

It is important to note that fees may vary depending on a few factors, including conversion fees in the case of e-wallets, while crypto-currency fees depend on things like current gas prices (for Ethereum).

Payment Method

Type

Average Payout Time

Fees

Interac icon

E-wallet

0 – 48 hours

$1 – $1.50

Skrill icon

E-wallet

0 – 24 hours

1% – 3% of withdrawal total

paypal icon

E-wallet

0 – 24 hours

Usually free

Bitcoin icon

Crypto

10 – 60 minutes

$1 – $10

Ethereum 

Crypto

5 – 30 minutes

$1 – $20

Litecoin

Crypto

5 – 10 minutes

$0.01 – $0.50

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What’s the fastest withdrawal method?
In our experience, using crypto-currencies is by far the fastest withdrawal method. Plenty of online casinos will process these transactions instantly, and any additional time will often come down to the merchant / provider itself, but most of the time this is instant, too.

Online Casinos with Payouts in Under 2 Hours

As long as your KYC documents have been submitted to a casino and you’re using a fast withdrawal method such as an e-wallet or cryptocurrency, there’s a chance you could receive your winnings almost instantly. Looking for an under two-hour withdrawal casino? Check these out:

#1
Exclusive Welcome Bonus:
$6,000
#2
Exclusive Welcome Bonus:
100% up to $750 + 200 Free Spins
#3
Welcome Bonus:
Up to $3,000 +350 Free Spins
#4
Welcome Bonus:
100% Match Bonus Up to $2,500 + 150 Free Spins

What Exactly Impacts Payment Speeds for Fast Payouts?

A number of factors come into play when looking for quick payout casinos in Canada, some of which we will touch on below.

Payment method

If you choose to use a credit or debit card when making either deposits or withdrawals at an online casino in Canada, your bank will always be in the middle, having the responsibility of dealing with the processing of funds and ensuring that all transactions are verified as safe and allowed by you. On the other hand, e-wallets and cryptocurrencies act as separate entities, whereby you have complete control over managing your funds.

Verification process

Every online casino in Canada worth its salt will have in place a verification process that needs to be adhered to when making a withdrawal, and this usually involves having to send in a copy of your ID and a proof of address. This can take time, and we recommend sending these documents to the customer support team whenever you create an account at an online casino, just to streamline that process.

Casino withdrawal policies

When doing a search for the fastest payout casinos, you’ll more than likely come across those who offer instant withdrawals by means of e-wallets and crypto-currencies. And while these methods will more often than not see you receiving your withdrawal within a few hours, they may state on their site that it can take between 1 and 2 business days.

Tips for speeding up your withdrawals

While there is no ‘one size fits all’ approach to speeding up your withdrawals, there are a few things you can do to streamline the process.

  1. Send your KYC (Know Your Customer) documents as soon as you create a casino account. Most sites will ask for these in the event of a withdrawal anyway, so it helps to submit them from the get-go.
  2. Be sure to use a payment method that can be used for both deposits and withdrawals, like most e-wallets and/or crypto-currencies.
  3. Familiarise yourself with the casino’s withdrawal policies and pending periods.

 

showcase-icon
Why do online casinos have a pending period for withdrawals?
Almost every online casino in Canada will have something of a pending period for a withdrawal, and this is actually to the user’s benefit. It allows time for KYC documents to be processed, as well as gives the user a chance to decide on how much they would like to withdraw. This is in line with responsible gambling measures, too. Remember, pending periods are not the same as processing times, which can be instant at many online casinos, especially when it comes to e-wallets and crypto-currencies.

How to Choose a Fast Payout Casino

When it comes to finding fast payout casinos, the options are vast. Use the checklist below—trusted by our expert review team—to help guide your way.

Licensing icon

Licencing and registration

Is the casino licensed and registered by a reputable body such as the Malta Gaming Authority (MGA) or the UK Gambling Commission?

Fast Payouts

Fast, easy withdrawals

Does the casino have secure and fast payout options available, such as e-wallets and crypto-currencies?

Security measures icon

Policies and procedures

Does the casino outline its withdrawal policies concisely and transparently?

Casino Reputation

Casino reputation

Are there online casino reviews written by other users that you can refer to?

FAQ

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