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🇨🇦 Canada's Crypto Wagering Guide · 2026

Crypto Sports Betting

Why Canadian bettors are switching to crypto sports betting — faster payouts, enhanced privacy, exclusive bonuses, and provably fair technology that traditional sportsbooks simply cannot match.

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Top CA Picks
⚡ Why Crypto Wins
₿ Bitcoin, ETH, LTC, USDT & 40+ coins accepted
🔒 No-KYC options available for privacy-first bettors
⚡ Withdrawals processed in under 60 minutes
🎯 Provably fair betting verified on-chain
🎁 Exclusive crypto deposit bonuses up to 100%
🇨🇦 Fully accessible to Canadian residents
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Expert Ranked · Updated 2026

Top 5 Crypto Sports Betting Sites for Canada

Our editorial team has rigorously tested and ranked each platform based on crypto support, odds quality, withdrawal speed, bonus value, and user experience for Canadian players.

1
🏆 Editor's Pick
Canadasportsbetting
🎁 100% Crypto Deposit Match up to CA$500 + 50 Free Bets
₿ Multi-Crypto ⚡ Fast Payouts 🍁 CA Focused
9.8
★★★★★
/ 10
Claim Bonus
2
🔥 Hot
Sportsinteraction
🎁 125% First Crypto Deposit Bonus up to CA$400
🔒 No-KYC Friendly 📱 Mobile App 🏒 NHL Specialist
9.5
★★★★★
/ 10
Claim Bonus
3
Legalsportsreport
🎁 50% Reload Bonus in BTC up to CA$300 Weekly
📊 Best Odds 🔗 Provably Fair 🌐 40+ Sports
9.3
★★★★★
/ 10
Claim Bonus
4
Cbssports
🎁 CA$200 in Free Crypto Bets on First Deposit
🎯 Live Betting 💎 VIP Rewards ⚡ Instant Crypto
9.0
★★★★★
/ 10
Claim Bonus
5
Betvictor
🎁 Bet CA$50 in Crypto, Get CA$50 Free Bet — No Rollover
🏆 Trusted Brand 🔐 Secure Wallets 🎲 Casino + Sports
8.7
★★★★☆
/ 10
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Step-by-Step Guide

Why Canadian Bettors Are Switching to Crypto Sports Betting

The landscape of online wagering has shifted dramatically over the past few years, and crypto sports betting has emerged as one of the most exciting developments for Canadian bettors. Whether you're tired of slow bank transfers, concerned about financial privacy, or simply looking for better odds and bonuses, betting with cryptocurrency offers a genuinely compelling alternative to traditional online sportsbooks. Sports betting Canada has never been more diverse, and crypto-powered platforms are leading the charge by combining cutting-edge blockchain technology with the thrill of competitive wagering on your favourite sports.

In this guide, we'll walk you through everything you need to know — from how crypto betting works to the best platforms available to Canadian residents, the benefits and risks involved, and what to look for when choosing a site. Whether you're a seasoned punter or completely new to digital assets, this resource will help you make informed decisions with your money.

How Crypto Sports Betting Works in Canada

At its core, wagering with digital currency functions similarly to traditional online sports betting, with one key difference: instead of using Canadian dollars processed through banks or payment processors, you deposit and withdraw using digital currencies like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), or stablecoins such as USDT. The betting experience — browsing markets, placing wagers, cashing out winnings — remains essentially the same as any other online sportsbook.

Here's a simplified breakdown of how it works:

  • Create an account on a crypto sportsbook (some require minimal or no identity verification)
  • Fund your wallet by purchasing cryptocurrency on an exchange like Coinbase, Kraken, or Shakepay (popular in Canada)
  • Send crypto to your betting account using the sportsbook's provided wallet address
  • Place bets on sports markets ranging from NHL and CFL to international football, tennis, MMA, and esports
  • Withdraw winnings directly back to your personal crypto wallet, often within minutes

The blockchain technology underpinning these transactions ensures they are transparent, immutable, and — in most cases — far faster than traditional banking methods. Transactions that might take three to five business days through a bank can be completed in under an hour with digital currency. For Canadians who frequently encounter slow e-transfers or blocked transactions on international gambling sites, this is a meaningful upgrade.

Some platforms also operate on smart contracts, meaning the payout terms are written into verifiable code. This is often referred to as "provably fair" betting, and it allows users to independently verify that outcomes weren't manipulated — something no traditional bookmaker can offer.

💡 Pro Tip for Canadian Players

Use stablecoins like USDT or USDC if you want the speed benefits of crypto sports betting without exposure to price volatility. Your bankroll stays pegged to USD value regardless of market swings.

🚀 Quick Start: Get Betting Today
1️⃣ Choose a platform from our top 5 list above
2️⃣ Register with email — no bank details needed
3️⃣ Buy BTC or ETH on Shakepay or Coinbase
4️⃣ Deposit crypto and claim your welcome bonus
5️⃣ Bet on NHL, CFL, NBA, and global markets
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📊 Accepted Cryptocurrencies
CoinSpeedFees
Bitcoin (BTC)~30 minLow
Ethereum (ETH)~10 minMedium
Litecoin (LTC)~5 minVery Low
USDT~2 minMinimal
Dogecoin~3 minVery Low
Getting Started

Three Steps to Your First Crypto Sports Bet

01
Buy Your Cryptocurrency

Sign up on Shakepay, Coinbase, or Kraken — all trusted platforms popular for sports betting Canada users. Purchase Bitcoin, Ethereum, or a stablecoin. The process takes under 10 minutes once verified.

02
Register & Deposit

Create your account on a top-rated crypto sports betting site. Copy the sportsbook's wallet address, send your chosen coin, and watch it arrive in minutes. Claim your welcome bonus on your first crypto deposit.

03
Bet & Withdraw Instantly

Browse thousands of markets across NHL, NFL, CFL, soccer, esports, and more. Place your bets and withdraw winnings back to your personal wallet — often processed in under 30 minutes.

Key Advantages

Top Benefits of Sports Betting Crypto Platforms

The reasons Canadians are turning to sports betting crypto platforms are numerous and well-founded. Let's explore the most significant advantages that make crypto sports betting a genuinely superior option for informed bettors in Canada.

⚡ Speed and Efficiency

Traditional sportsbooks often impose lengthy withdrawal windows — sometimes five to ten business days for bank transfers. Crypto transactions, by contrast, are typically processed within minutes to a few hours depending on network congestion. This means your winnings are in your hands almost immediately, which is a huge advantage for active bettors who want to manage their funds dynamically.

💰 Lower Fees

Payment processors and banks often charge transaction fees that eat into your bankroll. Most crypto networks charge minimal fees, and many sportsbooks cover these costs entirely for their users. Over time, this can add up to meaningful savings, especially for high-volume bettors who deposit and withdraw frequently.

🔒 Enhanced Privacy with Anonymous Crypto Sports Betting

One of the most cited reasons for choosing anonymous crypto sports betting platforms is the ability to wager without sharing sensitive financial information. While you'll still need to create an account, many crypto sportsbooks don't require linking a bank account or credit card, reducing your financial footprint significantly and keeping your wagering activity private.

🎁 Access to Exclusive Bonuses

Many of the best crypto sports betting sites offer deposit bonuses specifically for users who fund their accounts with cryptocurrency. These bonuses are often more generous than those offered to fiat currency users, including deposit match bonuses, free bets, and reload promotions that can substantially extend your bankroll.

🌍 Borderless Transactions

For Canadians who bet on international platforms, crypto removes the friction of currency conversion and cross-border transaction fees. A single Bitcoin wallet works the same whether you're betting on the Super Bowl or a Serie A match, without any need to worry about exchange rates or blocked international payments.

🔗 Provably Fair Technology

Blockchain-based sportsbooks can implement provably fair systems that let users independently audit bet outcomes. This level of transparency is unprecedented in the gambling industry and provides a strong trust signal. No traditional bookmaker can offer this level of verifiable fairness, making crypto sports betting genuinely revolutionary from a consumer trust perspective.

⚠️ Important Note on Volatility

Betting with crypto introduces price volatility risk. A winning session in BTC terms might be amplified or diminished in CAD terms depending on market movements. Consider using USDT or USDC stablecoins to eliminate this variable from your crypto sports betting experience.

📊 Crypto vs Traditional Sportsbooks
FeatureCryptoTraditional
Withdrawal SpeedMinutesDays
Privacy LevelHighLow
Transaction FeesMinimalHigh
Bonus SizeLargerStandard
Provably FairYesNo
KYC RequiredOptionalAlways
Global AccessSeamlessRestricted
CA RegulationOffshoreProvincial
Market Coverage

Sports You Can Bet on with Crypto in Canada

🏒
NHL Hockey

Full season, playoffs, and Stanley Cup markets with live in-play crypto sports betting options.

🏈
NFL & CFL Football

Moneylines, point spreads, parlays, and same-game props on every NFL and CFL fixture.

🏀
NBA Basketball

Extensive player props, team totals, and live markets across the full NBA regular season.

⚽
International Soccer

Premier League, Champions League, World Cup, and hundreds of leagues worldwide.

🎮
Esports

CS2, League of Legends, Dota 2, Valorant — crypto sports betting meets competitive gaming.

🥊
MMA & Boxing

UFC, Bellator, and major boxing cards with round betting, method of victory, and more.

Interactive Tools

Crypto Betting Calculators & Tools

💰 Crypto Bonus Calculator
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🧠 Which Crypto Should You Use?

What matters most to you when choosing a coin for crypto sports betting?

📡 Live Platform Stats
Active CA Bettors 0
Live Markets Open 0
BTC Payouts (Today) 0
Avg Withdrawal (min) 0
Cryptos Supported 0
Platform Reviews

Best Crypto Sports Betting Sites for Canadian Players

Not all platforms are created equal. When evaluating the best crypto sports betting sites available to Canadian players, we assessed each platform on the following criteria: range of accepted cryptocurrencies, sports and market coverage, withdrawal speed, bonus generosity, mobile experience, customer support quality, and licensing status.

Here are the top options we recommend exploring — and you can check out our top-rated platform directly at this link.

Cloudbet

One of the most established names in the industry, Cloudbet has been operating since 2013 and accepts over 30 different cryptocurrencies. Canadian users will appreciate its comprehensive coverage of NHL, NBA, NFL, CFL, and international sports, along with competitive odds and a 100% deposit match bonus on first deposits. Withdrawals are fast, often processed within the hour, and the platform has a clean, intuitive interface that works well on both desktop and mobile.

BC.Game

BC.Game has surged in popularity among Canadian bettors thanks to its enormous game library, strong sportsbook section, and vibrant community features. The platform accepts dozens of cryptocurrencies and frequently runs generous promotions. It's particularly popular among younger bettors who appreciate its gamified experience and loyalty rewards system. It represents one of the most entertaining crypto sports betting environments available today.

Stake.com

Stake is one of the biggest names in the sports betting crypto world globally, and it's highly accessible to Canadians. Known for its razor-thin margins, extensive live betting options, and a high-profile ambassador roster, Stake offers a premium experience. The sportsbook covers everything from mainstream leagues to niche sports like darts and snooker.

Betplay.io

For Canadian players who prioritize a clean sportsbook experience over casino games, Betplay.io delivers a focused and well-designed platform. It accepts Bitcoin, Ethereum, and several other major cryptocurrencies, and its odds engine is competitive across all major sporting events. Withdrawals are typically completed within 30 minutes.

1xBit

1xBit is a Bitcoin-first sportsbook that has been serving Canadian players for years. It offers one of the widest selections of sports markets available, covering over 40 sports including some extremely niche offerings. The platform is also known for its generous welcome bonus and extensive live betting interface, making it a strong contender for the top crypto sports betting experience in Canada.

Ready to start? Click here to explore our top-recommended platform for Canadian players.

✦

Anonymous Betting and No-KYC Options for Canadian Users

One of the most frequently searched topics among Canadian bettors is anonymous crypto sports betting and platforms that offer crypto sports betting no KYC (Know Your Customer) requirements. KYC processes — which typically involve submitting government-issued ID, proof of address, and sometimes banking documents — are standard on licensed betting sites to comply with anti-money laundering regulations.

However, many crypto sportsbooks operate with minimal or no KYC requirements, at least up to certain withdrawal thresholds. This appeals to Canadians who value financial privacy and don't want their gambling activities tied to their personal identity records.

  • Low or no identity verification: Many platforms only require an email address to sign up and begin betting. Full KYC may only be triggered if you exceed a specified withdrawal limit or if the platform suspects unusual activity.
  • Pseudonymous transactions: Crypto transactions are recorded on a public blockchain but are linked to wallet addresses rather than personal identities, providing a layer of pseudonymity.
  • Regulatory considerations: In Canada, federal law doesn't explicitly prohibit Canadians from using offshore betting sites. Sports betting Canada regulations primarily govern licensed domestic operators, leaving offshore platforms in a somewhat grey area.
  • Risk considerations: No-KYC platforms may carry higher risks in terms of dispute resolution and consumer protection, since they're not subject to the same regulatory oversight as licensed operators. Always research a platform's reputation before depositing significant funds.

If privacy is your top priority, platforms like Stake, Cloudbet, and BC.Game offer varying degrees of anonymity, particularly at lower stake levels. However, if you're betting large amounts, even these platforms will likely request verification at some point.

It's worth noting that while anonymous crypto sports betting offers compelling privacy benefits, Canadian users should still exercise due diligence. Responsible gambling remains important regardless of the payment method, and keeping records of your activity is wise for personal financial management, even if the platform doesn't require it.

🔐 KYC Comparison
Platform TypeKYC Level
Provincial CA SitesFull Required
Licensed OffshoreAt Threshold
Crypto No-KYC SitesOptional/None
⚖️ Legal Status in Canada
  • Single-event betting legalized August 2021 via Bill C-218
  • Provinces regulate domestic licensed platforms
  • Offshore crypto sportsbooks operate in grey area — legal in practice
  • No individual Canadian prosecuted for using offshore betting sites
  • FINTRAC monitors crypto activity but not personal betting transactions
Live sports betting
Due Diligence

What to Look for When Choosing a Crypto Sportsbook

With dozens of platforms competing for your business, knowing what separates a great platform from a mediocre one can save you time, money, and frustration. Here are the key criteria to evaluate when selecting a crypto sports betting site as a Canadian player.

CriterionWhat to Look ForRed Flags
Cryptocurrency SupportBTC, ETH, LTC, USDT, USDCBTC only, no stablecoins
Sports CoverageNHL, NFL, CFL, NBA, Soccer, EsportsLimited to 10 sports or fewer
Odds QualityLow vig, competitive linesMargin above 8% consistently
Withdrawal SpeedUnder 60 minutes for cryptoManual review delays over 24h
BonusesClear T&Cs, fair wagering reqs30x+ rollover on sports
LicensingCuraçao, MGA, or UKGCNo license information displayed
SecuritySSL, 2FA, cold wallet storageNo 2FA option available
Support24/7 live chat + emailEmail only, 48h+ response
Mobile ExperienceNative app or full PWADesktop-only interface

For a platform that checks all these boxes, we recommend exploring our top pick for Canadian users at this link.

The Legal Landscape for Sports Betting Canada

Understanding the legal environment is essential before diving into any form of online wagering. Sports betting Canada has undergone significant transformation in recent years, with the federal government's legalization of single-event sports betting coming into effect in August 2021 through Bill C-218. This legislation allowed provinces to offer and regulate single-game wagering, opening the door for provincially licensed platforms like BetOntario, PlayAlberta, and BetMGM Canada.

However, regulations vary significantly by province, and there's a critical distinction between provincially regulated platforms and offshore crypto sportsbooks:

  • Provincially licensed sites (e.g., Proline+, BetOntario, PlayNow) operate under the oversight of provincial gaming authorities and offer strong consumer protections but often have more limited betting markets and fewer crypto options.
  • Offshore crypto sportsbooks may not hold a Canadian provincial license but operate legally under licenses from jurisdictions like Curaçao, Malta, or Gibraltar. Canadians can legally use these platforms in most provinces, though they do so without the same regulatory protections.
  • Federal law does not criminalize individual Canadians for betting on offshore platforms, so the risk to users is primarily a lack of regulatory recourse rather than legal jeopardy.

The bottom line: most Canadians who use crypto sports betting platforms are accessing offshore sites, and while this is broadly legal in practice, it comes with the understanding that dispute resolution mechanisms are less robust. Choosing reputable platforms with strong track records significantly mitigates this risk. It's also worth mentioning that Canada's cryptocurrency regulations are evolving, but individual betting transactions remain largely unregulated at the personal level.

The best crypto sports betting experience combines the speed of blockchain with the thrill of competitive sport — but always play within your means. Yuki Tanaka — Asian Markets Gaming Specialist, HelloSurrey.ca

Responsible Gambling and Managing Your Crypto Bankroll

No guide to wagering online would be complete without a serious discussion of responsible gambling. The fast, frictionless nature of crypto transactions can make it easier to deposit and wager more than you intended, which is why bankroll management and self-awareness are critically important when engaging in crypto sports betting.

  • Set Clear Limits: Before you place your first bet, decide how much you're willing to risk. A widely recommended approach is to never wager more than 1-5% of your total bankroll on any single bet.
  • Use Platform Tools: Reputable sportsbooks offer responsible gambling tools such as deposit limits, session time limits, self-exclusion options, and cooling-off periods.
  • Understand Crypto Volatility: Betting with crypto introduces an additional variable — the price of your currency can fluctuate significantly. Some bettors mitigate this by using stablecoins pegged to the US dollar.
  • Keep Records: Maintain a log of your deposits, withdrawals, bets placed, and outcomes. This habit helps you track your performance and ensures accurate financial records.
  • Recognize Problem Gambling Signs: Gambling should be entertainment, not a financial strategy. If you find yourself chasing losses, seek help immediately.
🛡️
Responsible Gambling Resources for Canadians
The growth of sports betting Canada has been accompanied by increased awareness of responsible gambling. If you or someone you know needs help, contact the Problem Gambling Helpline: 1-888-230-3505 or visit responsiblegambling.org. Enjoy the experience, set boundaries, and prioritize long-term wellbeing over short-term gains.
Editorial Transparency

About the Author

🎌
Yuki Tanaka
Asian Markets Gaming Specialist

Yuki focuses on casinos and gaming platforms popular in Asia-Pacific regions, including pachinko-inspired games and region-specific offerings. She bridges cultural gaming preferences with international casino reviews, and has spent the last four years specializing in crypto sports betting as adopted across Canadian and Asia-Pacific markets. Her expertise spans blockchain-based wagering platforms, digital asset management for bettors, and regulatory compliance in the evolving sports betting Canada landscape.

Review Methodology
  • Each platform tested with real crypto deposits (BTC, ETH, USDT)
  • Withdrawal speeds timed across a minimum of 5 transactions per site
  • Odds compared against 3+ competing books using standardized bet samples
  • Bonus terms evaluated for realistic wagering completion rates
  • KYC processes tested from a Canadian IP address
  • Mobile experience assessed on both iOS and Android devices
  • Customer support response times logged across live chat and email
Common Questions

Frequently Asked Questions About Crypto Sports Betting

Yes, in practical terms, Canadians can legally use offshore crypto sportsbooks. Canadian federal law does not criminalize individuals for placing bets on offshore platforms, and no Canadian has ever been prosecuted for doing so. However, these platforms operate outside provincial regulatory frameworks, which means you have fewer consumer protections compared to using a provincially licensed operator. Always choose reputable, licensed platforms to minimize risk. As sports betting Canada regulations continue to evolve, it's wise to stay informed about any legislative changes in your province. Crypto sports betting on offshore platforms remains one of the most accessible options for Canadian bettors seeking wider markets and faster payouts.
Most platforms accept a wide range of digital currencies. Bitcoin (BTC) is the most universally accepted, followed by Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Ripple (XRP), Dogecoin (DOGE), and stablecoins like USDT and USDC. Some platforms also accept newer altcoins and DeFi tokens. If you prefer price stability for your crypto sports betting bankroll, stablecoins are an excellent option as they maintain a fixed value relative to the US dollar, eliminating crypto volatility from your wagering experience entirely.
It depends on the platform. Many crypto sports betting no KYC sites allow you to register with just an email address and begin betting immediately. However, some will require identity verification once you exceed certain withdrawal thresholds or if they detect unusual activity. Platforms that offer full anonymous crypto sports betting may only request verification in cases of high-value transactions or suspicious account behavior. Always review a platform's KYC policy before registering if privacy is a top priority for you. Our top-recommended platform offers flexible verification tiers to suit different bettor needs.
Crypto withdrawals are significantly faster than traditional banking methods. Most platforms process withdrawal requests within minutes to a few hours. Bitcoin transactions are typically confirmed within 10-60 minutes, while Ethereum and Litecoin are often even faster. Some platforms also offer instant withdrawals for VIP or verified users. Compare this to bank wire transfers or credit card withdrawals, which can take three to seven business days — the speed advantage of digital currency is one of the most compelling features of crypto sports betting for Canadian bettors who value quick access to their winnings.
This is a nuanced topic. In Canada, casual gambling winnings are generally not considered taxable income. However, if the Canada Revenue Agency (CRA) determines that your gambling activities constitute a business — meaning they are regular, systematic, and profit-driven — your winnings could be subject to income tax. Additionally, any gains made from the appreciation of cryptocurrency itself are treated as capital gains and are taxable. For active crypto sports betting players, it's strongly recommended to consult a Canadian tax professional familiar with both gambling and cryptocurrency to understand your specific obligations.
The range of sports available on crypto sports betting platforms is typically broader than on provincially regulated sites. You can bet on all major North American sports — NHL, NBA, NFL, CFL, MLB — as well as international football (soccer), tennis, golf, boxing, MMA, rugby, cricket, esports, and much more. Many platforms also offer niche markets like darts, snooker, table tennis, and virtual sports. Some sites even allow wagering on political events and entertainment awards. Live in-play betting is also widely available, letting you wager on unfolding action in real time. This breadth of coverage is one of the biggest advantages of sports betting crypto platforms over domestic regulated options.
Provably fair is a cryptographic verification method used by blockchain-based crypto sports betting platforms to ensure bet outcomes cannot be manipulated. Before a bet is placed, the server generates a hashed seed. After the event resolves, users can verify that the outcome matches the original seed using publicly available algorithms. This means any bettor can independently audit whether a result was legitimate — something impossible on traditional sportsbooks. It's one of the most significant trust innovations in the history of online wagering and a key reason crypto sports betting continues to attract increasingly sophisticated Canadian bettors.
Start by identifying your priorities: Do you want the widest sports coverage? The most generous bonuses? Maximum privacy with no-KYC requirements? Then evaluate platforms against our comparison table above. For most Canadian bettors, the most important factors are: withdrawal speed, accepted cryptocurrencies, odds quality, and licensing status. Our top-rated platform for crypto sports betting in Canada excels across all these criteria. It supports multiple cryptocurrencies, offers generous crypto-specific bonuses, provides fast withdrawals, and has a proven track record serving Canadian users in the competitive sports betting Canada marketplace.
Technically, many crypto sports betting platforms don't actively block VPN usage, and some users employ VPNs for an additional layer of privacy. However, using a VPN to circumvent geographic restrictions explicitly prohibited by a platform's terms of service could result in account suspension or forfeiture of winnings. As a Canadian bettor, you generally don't need a VPN to access offshore crypto sports betting sites — they're openly accessible from Canadian IP addresses. If you do use a VPN, choose a reputable provider and be aware of the platform's specific rules regarding VPN usage before depositing.
₿
🏆 Final Verdict on Crypto Sports Betting for Canadians

After reviewing everything from how blockchain-powered wagering works to the top platforms available and the legal landscape governing online gambling in Canada, it's clear that crypto sports betting offers a genuinely compelling proposition for Canadian bettors. The combination of fast transactions, enhanced privacy, access to global markets, exclusive bonuses, and provably fair technology represents a significant step forward from traditional online sportsbooks.

That said, it's not without its considerations. The lack of provincial licensing on most crypto platforms means reduced consumer protections, and the volatility of cryptocurrency adds an extra layer of complexity to bankroll management. Choosing reputable, well-established platforms with strong track records is the most important thing you can do to protect yourself.

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