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The same way Ethereum has many uses in the casino market, the same way are there casino platforms with various special perks.
With so many different online casinos today, it is difficult to choose the right one for your gaming needs using ETH.
That is why we wanted to make a list of the top 3 best Ethereum casinos for different purposes.
This way, you can have an easier time picking based on your needs.
Vitalik Buterin and Gavin Wood released Ethereum for public use back in 2015 and over the years it has become quite a popular cryptocurrency for use at online casinos. As with all cryptocurrencies, it offers lower fees, faster transaction times, and increased security when playing at online casinos. It functions in a similar manner as Bitcoin and is likewise widely popular so you will find an Ethereum casino deposit option on almost any gambling platform. ETH is available globally but some of the markets that use it the most are the US and Europe.
With cutting-edge crypto wallet technology, you can store ETC and deposit at the best Ethereum casinos in no time. Lots of these crypto wallets have mobile apps as well with QR scanning support to make your transactions even more convenient. Besides high accessibility, let us take a look at other important aspects of Ethereum.
The first thing you need to do when starting out your Ethereum casino journey is to create a crypto wallet for yourself. These are essentially like e-wallets but for cryptocurrencies. This is where you will store your ETH and send it to your online casino accounts.
Some of the community favorites are MetaMask but feel free to do your own research and find the one to suit your needs. Crypto wallets like MetaMask usually also have mobile apps associated with them for convenience. Whatever wallet you choose to create an account on, check whether they support Ethereum. Upon account creation, you will find a special address on your crypto wallet. This code is what you will be using to send and receive funds.
Once you have your wallet ready, go to exchange sites like Coinbase or Binance to purchase your first Ethereum batch. Similar to crypto wallets, these are like fiat currency exchanges but for crypto. This is where you can buy and sell supported cryptocurrencies like Ethereum in this case. Examples like Coinbase are user-friendly and widely available.
Finally, we have to transfer the ETH we purchased at an exchange to our wallet so it is ready for casino depositing. To do this simply find the exchange site’s Send section. Copy your crypto wallet address here and confirm. Your money will be sent from the exchange to your wallet. Do not keep your crypto on the exchange for too long as it is much safer in your wallet.
Once your ETH arrives in your wallet, with really fast transaction times, you are ready to make your first Ethereum casino deposit.
Once you have your crypto wallet ready with funds, depositing is the easy part. To start off, choose one of our recommended Ethereum casinos for the best results as they have been tested by both professionals and the community. Make sure you verify your account to avoid any unnecessary waiting times.
To deposit at Ethereum online casinos, take these steps:
Your funds will be available on your Ethereum account quite fast with no fees.
To withdraw money from Ethereum casinos, follow this guide:
ETH shares fast withdrawal speeds with other cryptocurrencies so your funds should be available on your crypto wallet as soon as the casino approves of your cash-out request.
Ethereum as well all know is a cryptocurrency built on the blockchain technology. Therefore, as a currency and not a direct paying method it does not have a license nor official headquarters. The licensing part is reserved for the crypto wallet you use. Each crypto wallet has a special banking license based on the cryptocurrency they store.
Ethereum is one of the cheapest ways to gamble as cryptocurrencies incur almost no fees at all. Fees, however, might be applicable from your chosen online casino so you have to check their policies when it comes to withdrawals. Deposits on the other hand are completely free.
As for transaction times, we mentioned Ethereum deposits are almost instant. Ethereum’s network can handle between 15 and 45 transactions per second. Withdrawals will take a day or two depending on your casino. This is because your casino needs to approve your cash-out request. To speed up transactions, make sure your casino account is verified and that you have completed the wagering requirements.
Apart from playing at a licensed casino, the security factor of your chosen deposit method is also important. That being said, Ethereum offers one of the safest ways you can deposit and withdraw in online casinos. They use the latest encryption technologies unique to cryptocurrencies. Furthermore, transactions are fully anonymous and cannot be traced back to you.
Moreover, something you will have to worry about is the actual volatile value of ETH. While the service promises maximum security, you will be responsible for tracking its value. These can shift on a daily basis. That is why casinos usually offer vast amounts of Ethereum bonus offers, which we will cover soon, to balance this volatility.
Ethereum is a decentralized currency and does not have an official company governing its use. This also means that it does not have an official support team. Fear not, however, as the Ethereum website has some excellent guides in the form of the Support and Learn sections. Here you can find some of the FAQs and other useful guides for your Ethereum journey. Furthermore, you can also access the community forums about Ethereum to inquire with others users about any problems you might be having.
For the most part, Ethereum bonus offers are identical to regular fiat bonuses at online casinos. That being said, there are some casinos like the ones on our best Ethereum casinos list that offers ETH-specific bonuses. These are usually in the form of welcome offers or first deposit bonuses. In this way, new players can get a bunch of ETH to start their journey, as long as they complete the wagering requirements. There are various other bonuses that you can claim with Ethereum like cashbacks, free spins, reload bonuses, and more.
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Thunderpick
Rating: 4/5No. of Payments
5+
Curacao
Instant up to 5 days
Bitdreams
Rating: 4/5No. of Payments
25+
Curacao
Instant/3-5 Days
22bet
Rating: 4/5No. of Payments
30+
Curacao
Instant up to 7 days
SlotVibe
Rating: 4/5No. of Payments
10+
Curacao
Instant up to 5 days
Bitcasino
Rating: 4/5No. of Payments
10+
Curacao
Instant up to 7 days
BitStarz
Rating: 4/5No. of Payments
25+
Curacao
Instant up to 5 days
mBit
Rating: 4/5No. of Payments
7+
Curacao
Instant
Stake
Rating: 4/5No. of Payments
10+
Curacao
Instant up to 5 days
7bit
Rating: 4/5No. of Payments
20+
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Instant up to 5 days
Thunderpick
Rating: 4/5No. of Payments
5+
Curacao
Instant up to 5 days
Similar to other cryptocurrencies, Ethereum uses a special encryption system that fully secures your transactions. Furthermore, your crypto deposits and withdrawals are fully private and anonymous.
Yes, you can, but you need to sell Ethereum first to convert it into a fiat currency.
While Ethereum itself does not have a mobile app, many ETH wallets do and you can use these apps at checkouts to scan the QR code and expedite the process.
Ethereum does not impose any fees for deposits. However, this does not apply to fees imposed by your wallet provider or your casino so you need to check the respective payment policies.