Best Ethereum Casinos
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Introduction to Ethereum Casinos
Ethereum casinos are gambling sites that offer the use of Ethereum cryptocurrency as a means by which payments are made. Besides this, some of them have also built their entire gaming library using blockchain technology.
This calls for a unique, faster and exciting way of gambling. In essence, you will enjoy all the traditional features of a casino, and above all, you will also enjoy additional perks like high-quality games, anonymity, and fast transactions.
One major characteristic of an Ethereum Casino built on blockchain technology is how no one can tamper with the games or spins. You will be getting probably fair software, with high-tech security unlike any you have ever seen before.
Ethereum was introduced into the online gambling scene in 2015 by the same engineers who designed Bitcoin. Generally, when you find a casino that accepts Ethereum, you will find other popular cryptocurrencies like Bitcoin, Litecoin, Dogecoin, etc.
In these Ethereum casinos, players interact more with their peers and less with the casino. This allows for safer, reliable, and transparent methods of payment. Payouts are even automated on some of these platforms, with some players getting their winnings in less than ten seconds.
This is because there is reduced interaction between players and the casino, which lessens the amount of time it takes for payments to be processed.
How Ethereum Works
Of course, to use Ethereum in an online casino, you first have to purchase it. Buying cryptocurrency is nothing like prepaid cards or eWallets; they are an entirely different concept that will be explained below.
To buy crypto, you have to use an exchange or a broker. Whichever one you choose has to be one you trust. As gamblers, you must do adequate research before deciding on a trading zone to choose. Another essential factor you should consider before choosing a broker or exchange is their fee.
All exchange services require a fee before changing fiat to crypto or vice versa; you should only choose one that is affordable and beneficial.
Another important factor to consider is your crypto wallet. Ethereum is not a physical currency like fiat. You can’t hold it, nor touch it. They are digital currencies and must be stored in safe storage. This is what a wallet is used for.
For better understanding, look at it this way:
An actual wallet holds your fiat currency. It could be dollars or euros, depending on your jurisdiction. Ethereum is not a physical currency. It is a digital one stored on the blockchain network. When you buy Ethereum, they aren’t necessarily giving you the currency since it can’t leave the blockchain. What they will give you, though, is the private key that proves your ownership of that crypto.
No matter how much you spend on it, if another person gets this key, it means that the cryptocurrency belongs to them. You should keep your Ethereum private keys safely in a wallet.
Bonuses and Promotions
Of course. If you enjoy a good casino bonus, these Ethereum casinos are the best ones to choose from. From automated payouts to quality games, they are also very generous when compensating their clients.
Welcome bonuses are a must in every type of casino. These are given to show appreciation to new clients for choosing the sites. Some Ethereum casinos are no deposit sites, while some are minimum deposit sites. Be aware that the degree of your deposit determines the degree of bonuses that would be given to you.
When it comes to match bonuses, high rollers are usually the best beneficiaries of these bonuses. It works by returning a certain percentage of your deposit to you as a gameplay boost.
How To Play At Ethereum Casinos
Now that you know how Ethereum works, it’s time to learn how it is used in an online casino. While it is not a complicated process, it isn’t entirely like the traditional payment method either.
Don’t worry, though, because, in the following paragraphs, we will explain how you can connect your wallet to your casino and fund your account:
Pros
Pros and Cons
When you make a wrong transaction on other payment systems, applying for a reversal and getting your money back is easy. However, if you make a wrong transaction or enter the wrong address during a crypto trade, you will lose the money.
Crypto transactions are irreversible and as painful as it can be to lose your currencies to a wrong wallet address, there is nothing that can be done when it happens.
FAQ
As a gambler, you have to thoroughly read a casino’s terms and conditions before investing in it. Due to geo limitations, sometimes, you might not be eligible to use Ethereum to play or fund your casino account.
Yes, they are. Ethereum casinos are legal and have been since they first came into the gambling industry for many years. You don’t need to worry about breaking any rules while gambling with this currency.
Every payment system has limits, as stated by the casino. Ethereum is no different. Check the selected casino to know all about this.
Yes. There are different bonuses that you are entitled to as a customer. Just be sure to pick a generous casino to make it worthwhile.
Of course. Due to the advanced cryptographic technology employed by these casinos, you can be assured of only fair games while playing.
Go through our recommendation list. Click sign up, and enter all the required details on the form.
Of course. You will enjoy all the benefits of a traditional casino, including amazing games like slots, blackjack, roulette, etc.
Yes. Payouts are quick and sometimes automated. Gamblers can get their earnings transferred to their account in a few seconds.
Alternative Options
| Payment Method | Processing Time | Features |
|---|---|---|
| Bitcoin | Instant | • Safe and secure • Speedy transactions • High-level protection and safety |
| Litecoin | Instant | • Affordable charges • Faster than Bitcoin |
| Monero | Instant | • 100% anonymity • Open source network |
| Bitcoin Cash | Instant | • Transparency • Anonymity |
Safety and Security
The safety of an Ethereum Casino can be seen in the protection of user information and the reliability of the games they provide. We will explain how these casinos offer top-notch security in both aspects.
No other traditional casino does it like Ethereum platforms when it comes to user protection. The security and transparency they offer are second to none, and players can be assured beyond doubt that they are within a network that prioritises their security as much as themselves.
Firstly, the anonymity in Ethereum casinos is 100%. This is because you are gambling within a peer-to-peer network where no information is exchanged between you and the casino. Instead, you play games and interact with other gamblers. That being said, the casino has no information concerning you. Your name, address, and banking details are kept away from them.
You can only expect provably fair games from these casinos when it comes to software. They are constantly auditing these games and submitting their results for the general public to see.
Also, they have built their entire platform and library on a cryptographic network where every activity is transparent enough for players to see what the casino is up to. Also, of all online casinos, Ethereum platforms offer unbelievably low house edges.
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