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Crypto casinos became a concept in online casinos a few years ago. Still, ever since then, gamblers have widely accepted this payment method as the best and most secure form of financial transaction.
As the world’s second-biggest cryptocurrency, Ethereum is an integration of 100% anonymity, fast payments, and unique privacy features. Read our full review on Ethereum casinos below.
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.
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:
Choose a reliable broker or exchange. After choosing one of these, you create an account with your selected platform. You would be required to provide a photo and ID to complete the process of account registration.
Ethereum is a delicate currency, and misidentification is not condoned. Once your account has been verified, select your payment method, and fund the account. After this, you can buy as much Ethereum as you want.
Since there are hundreds of these on the internet these days, it might be a little difficult for you to choose. Just go through the above list and pick one of the Ethereum casinos. These sites have been thoroughly vetted and reviewed, so you will only be getting the best.
This is where the financial transactions are made, so immediately you are logged into this platform, just head to the cashier section and click the deposit icon. When you do this, a list of payment options will be made available; choose cryptocurrency. After this, you can now select Ethereum as your deposit means.
Your wallet contains your private keys that are connected to your Ethereum currency. After entering the specific amount you want to send, you will be required to enter your wallet address. The funds will be removed directly from this address and added to your account.
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.
Let’s take a look at how it works:
For instance, a certain Ethereum casino offers a 110% match bonus on your first and second deposit. To get the most of this, you have to pay a considerable amount of money.
If you pay $10 (or currency equivalent) as your first deposit and 20% as your second deposit, you’d be getting $11 and $22 as your match bonuses. However, if you pay $800 as your first deposit and $1000 as your second deposit, you’d be getting $880 and $1100 as your respective match bonuses.
This would also come with free spins, which grants you free chances to play as many games as the spins allow. Casinos can give you bonus spins within 50 to 100, or even more.
Pros and Cons
Casinos with Ethereum
When you use some prepaid cards to make casino payments, you are charged a commission by the casino. For withdrawals, another charge is made. When you use credit or debit cards, you are also charged. Bank transfers are the same thing.
With Ethereum, you are charged zero fees for withdrawals and transfers. This means you can make bulk payments without worrying about excess charges on your account.
Some gamblers do not know what it means to experience payouts that are as fast as the speed of light. Other payment methods are faster but usually take from a few hours to several working days. Bank transfers can even take two weeks.
When dealing with crypto, payouts and deposits are made within seconds due to the speedy blockchain network.
While gambling is now legal in many countries, so many gamblers prefer to keep their activities on a low. The platform runs on the Ethereum blockchain network where 100% anonymity and privacy are upheld.
No matter how long you play in a casino, they can never know your identity because it remains hidden in the network. All you do is just make transactions and play games.
You will enjoy the best quality of games in an Ethereum Casino. Not only do they employ the use of advanced features in making their software better than average, but you are also aware that there is no foul play as auditing is live and transparent.
Also, the house edge is low, giving you a chance to earn big on all your favourite games.
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.
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.
|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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