I am an analyst for Loonie Casinos. Our site does not publish promotional reviews simply for volume—we dissect online casinos according to a specific checklist: license, payouts, and the real terms of bonuses. Fairspin came under scrutiny because it claims 100% transparency via blockchain.
This is either a breakthrough or mere marketing. I tested this claim in practice: I went from a cryptocurrency deposit to a withdrawal, analyzed the smart contracts of the TFS token, and assessed how convenient the blockchain audit is for the average player. Below is the result of the inspection according to Loonie Casinos standards.
- Accepts players from Canada, supports cryptocurrencies and fiat, provides access to thousands of games from renowned providers.
- Curacao eGaming license № 1668/JAZ; operator Techcore Holding B.V. (registration number 151612) confirmed in the Curacao Gaming Authority registry.
- Blockchain transparency: bets, wins, and accruals can be verified in an open certificate.
- TFS token system: playing earns tokens that can be staked and used within the Fairspin ecosystem.
- No Canadian provincial license; the platform is not subject to the AGCO or other local regulators.
- For comfortable play, a basic understanding of cryptocurrencies and tokens is required.
- Responsible gambling tools are simpler than on licensed Canadian sites; more responsibility lies with the player.
- Reviews include both praise for fast payouts and complaints about disputed cases and account blocks.
I went to the Fairspin site and chose registration linked to a crypto wallet—I wanted to test the platform precisely in the format it emphasizes. I entered my email, confirmed my age, linked the wallet, and within a couple of minutes, I was in my account, where two key blocks are immediately visible: the gaming balance and the TFS token balance. Incidentally, as a no-deposit bonus, I received 200 TFS with no additional conditions.
For my first deposit, I used USDT and deposited $150. This amount is more than sufficient to understand how the bonuses and TFS rewards work without taking extreme risks. I activated the welcome bonus, and in the interface, I immediately saw three things: the main balance, the bonus amount, and the TFS counter—with every spin, it began to slowly but steadily increase.
I played a fairly familiar selection of slots from Pragmatic Play and Play’n GO, then moved on to live roulette and blackjack from Evolution. Concurrently, I opened the transaction history several times: it shows bets, results, and links to blockchain transactions, allowing one not to guess if a bet went through but to see specific records.
When my balance grew, I made two withdrawals. First, I requested 40 USDT to the same wallet I used to deposit: Fairspin approved the request in a few minutes, after which the transaction appeared on the blockchain and the funds arrived without further questions. The second withdrawal was for 200 USDT, and I also withdrew a portion of TFS tokens. At this stage, they requested my passport and proof of address. After verification, the documents were accepted, and the payouts arrived within reasonable timeframes, without repeated requests.
Naturally, before testing Fairspin, I first checked the documents. The site is operated by the company Techcore Holding B.V., registered in Curaçao under number 151612, and utilizes Curacao eGaming license № OGL/2024/222/0540.
Fairspin operates as a foreign online casino with a crypto focus, whose activities are supervised by the Curaçao regulator. In a disputed situation, you rely on the site’s terms, support, and facts verifiable on the blockchain and via the license, not on the AGCO or another Canadian commission. If having a local license is critical for you, Fairspin does not meet that requirement; if you are willing to rely on an international license and transaction transparency, Fairspin’s model becomes clear and predictable.
To avoid examining Fairspin in a vacuum, I compare it with BetRivers—an Ontario operator with an AGCO license and payment systems familiar to Canadians.
| Parameter | Fairspin | BetRivers |
|---|---|---|
| License & Operator | Techcore Holding B.V., Curacao eGaming № 1668/JAZ; crypto-oriented with blockchain transparency. | Operates under AGCO / iGaming Ontario license, focused on the Canadian regulated market. |
| Payments | Cryptocurrencies (USDT, BTC, etc.), fiat via connected providers and external exchanges. | CAD, Interac, bank cards, and other local methods without mandatory cryptocurrency use. |
| Rewards | Combination of bonuses and the TFS token, which can be accumulated and used in staking and promotions. | Classic loyalty program, free spins, cashback, and fiat bonuses without tokens. |
| Transparency | Bets and accruals can be verified on the blockchain and via the license certificate. | Transparency provided through the regulator and internal audits. |
For me, Fairspin is a platform where I play slots and live games with cryptocurrency while simultaneously collecting TFS, controlling everything via the blockchain. BetRivers is more of a classic option I visit when I want the backing of a local regulator and to make deposits via familiar methods, such as Interac.
The choice here is not between better and worse, but between different approaches to gaming.
I evaluate Fairspin’s gaming side not as a crypto novelty but as a regular casino with a familiar content offering. The lobby features slots, table games, live casino, and a separate crypto games section; the total number of titles runs into the thousands, and the provider list includes Pragmatic Play, NetEnt, Evolution, and other well-known studios.
During testing, I launched popular slots and several live tables. Games loaded quickly, filters by genre and provider worked flawlessly, and the mobile browser version did not feel like a stripped-down counterpart—the same functionality, the same games, just in a slightly different format.
The main difference from a classic casino was felt precisely in the link to the blockchain. Fairspin provides the ability not only to view bet history in your profile but also to find confirmations of these actions in the public ledger, backed by an official certificate from the Curaçao Gaming Authority.
For a player accustomed to trusting only numbers, such transparency is a significant argument. You rarely see this in ordinary casinos.
Regarding the welcome package—the figures look solid: a total of 550% and 200 free spins. The mechanics are spread across four deposits starting from 20 CAD. The first offers a 200% bonus up to 2500, 50 free spins, and a 5 CAD free bet for esports and sports betting. The second—125% with the same 50 free spins, but with 10 CAD in free bets. The third and fourth are 125% and 100% respectively, each with 50 free spins, but without the free bets.
All free spins are tied to the slot Fairspin Bonanza 1000 from Pragmatic Play at a bet of 0.2 CAD. The key point is a uniform wagering requirement of x45 and strict playthrough deadlines: 4 days for bonus funds and only 3 days for winnings from free spins. The maximum withdrawal is equal to the amount of the bonus itself. Free bets are valid for 7 days with a minimum odds of 1.4 per event.
In reality, this is a typical large bonus package with a high turnover requirement. The logic is clear—to maximally incentivize the first four deposits—but a x45 wagering requirement within 3-4 days is a serious filter. Only those initially prepared for high turnover and who view the bonus not as a gift but as conditional leverage under stringent terms will be able to extract value from it.
The TFS system, however, is what truly distinguishes Fairspin from most competitors. For every bet on slots and some other games, I saw accruals of TFS tokens, which gradually accumulate and can participate in staking or other loyalty programs. These accruals are recorded both in your account and on the blockchain, creating a double-entry effect: you see both the internal numbers and the on-chain confirmations.
For myself, I distinguish two levels. The bonus is the standard casino part, which must be approached with calculation to avoid a situation where the playthrough deadlines create more pressure than assistance. TFS is for those prepared to treat the token as a risky asset: it can bring additional value but is not guaranteed profit, and its behaviour depends on the market and Fairspin itself.
Playing at Fairspin as a crypto casino means fully immersing oneself in the world of digital currencies. In my case, everything revolved around USDT. The deposit was credited after standard network confirmations, and during withdrawal, I clearly saw each stage: request, approval, blockchain transaction, and its completion.
It is important for a Canadian player to immediately understand the route of their funds: bank or payment service → exchange or trading platform → your crypto wallet → Fairspin account. And exactly the same path, but in reverse, for a withdrawal. This requires attentiveness to fees and details, but it provides the very flexibility for which modern crypto casinos are valued.
Verification and Payout Timelines
Even as a crypto casino, Fairspin does not sideline KYC. With small amounts, payouts are processed quickly, but as volumes increase, the platform logically requests a passport and proof of address.
After I completed this check, which took a couple of hours, subsequent withdrawals proceeded predictably: request, internal approval, sending the transaction to the network, and awaiting confirmations. Given that every operation is visible on the blockchain, I never felt that the funds were stuck in limbo: you can always check at which stage the withdrawal is.
Based on the test results, Fairspin leaves the impression of a niche product: a casino for those already accustomed to cryptocurrencies and prepared to accept the risks associated with TFS and an offshore license. For such players, the platform provides a clear advantage in the form of transparent blockchain statistics and tying part of the return to a token, something not offered by classic Canadian sites with provincial licenses.
If your priority is to play in Canadian dollars via familiar payment services and rely on a local regulator, Fairspin appears more as an unnecessary layer of complexity than an obvious upgrade. In this case, it is wiser to remain within the field of licensed operators, where you don’t have to monitor cryptocurrency exchange rates and the fate of a specific token.
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