Top Ethereum Casinos– Your Guide to Online Gambling With ETH
Ethereum is one of the newer cryptocurrencies that has skyrocketed in popularity, which means more gambling sites are adopting it as a deposit method. But how do you go about choosing the perfect ETH casino? That’s where we come in.
Thanks to a strict review process, our team has listed the best Ethereum casino sites on this page. You simply need to check out our list, make your choice, and sign up.
You’ll also find an expert guide to gambling with ETH here. Discover how Ethereum works, the pros and cons of gambling with it, how to deposit and withdraw with the cryptocurrency, and more.
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Why Gamble with ETH at Online Casinos?
Since its launch in 2015, Ethereum has quickly grown in size and value around the globe. Like other cryptocurrencies, ETH is great for online gambling, and comes with several benefits. Here’s the lowdown of all the perks you can expect from Ethereum casinos:
- When it comes to ETH casinos, you won’t need to share any of your personal details, such as name, phone number, home address, or credit card number. You can play at these gambling sites anonymously, which guarantees you a more secure gambling experience.
- One key advantage that Ethereum has is that it processes payments extremely fast. While other cryptocurrencies, such as Bitcoin, can take 10 minutes to process a transaction, Ethereum can do it in 15 seconds.
- Ethereum casinos run real time code that audits games constantly, so you can see for yourself that the games are fair and have not been tampered with. You’ll see the code running in the casino game’s background, which will give you peace of mind on the game’s legitimacy.
- Like other cryptocurrencies, ETH is decentralized, meaning no government, or financial institution oversees it. Blockchain technology allows you to avoid third parties’ financial control and get more freedom.
- Since it’s decentralized, Ethereum is also great for players from countries in which gambling is illegal, as they don’t have to fear their transactions being tracked to a bank account.
- Unlike traditional payment methods, such as e-wallets and credit cards, there are quite low fees to make payments using Ethereum. However, keep in mind that the ETH casino you sign up with may also apply their own charges on deposits and withdrawals, which is normally lower for credit card casinos.
How Does Ethereum Work?
Ethereum was created back in 2015, and just like Bitcoin, it’s been built on blockchain technology. Imagine an enormous network of computers working together like one supercomputer, with a platform supported by millions of machines. These are then used to produce a blockchain of transactions, which are secured as they’re stored on all the machines at once. This is where Ethereum is different to Bitcoin – Bitcoin is purely digital currency, whereas Ethereum can be described as a decentralized computing platform.
It costs money to get these machines, power them up and store them, which is why Ether (ETH) was invented. It’s a currency that encourages peoples to run the Ethereum protocol on their computer. Few people know this, but it’s Ether, which is the cryptocurrency here, and Ethereum is the system that provides it. So, when people play at Ethereum casinos they’re actually using Ether to gamble online.
You can learn more on how Ethereum works, and its history, by checking out its white paper. A white paper is created by the founders of a cryptocurrency to explain its purpose and technology, as well as to help sell it.
How to Deposit at Ethereum Gambling Sites
Depositing with ETH might be a bit different to what’s done with other payment methods. If you’re not sure how cryptocurrency deposits work, or how to get started, read through our step-by-step guide to get up to speed:
Step 1
To get started with Ethereum, you must open a wallet that is designed to hold all your ETH. There are several reputable wallets available on the market. The most popular ones include Coinbase, Bittrex, Karaken, CoinMama and Gemini. Head to one of these sites, enter your personal information, and open an account.
Step 2
Next, you need to fund your wallet with regular currency, which you can do through your bank, credit or debit card. The funding option you choose may have a limit attached to it. When you’ve created an account, you will then be prompted to enter your banking information.
Step 3
Now, it’s time to purchase some ETH! Your wallet will provide you with many cryptocurrency options you’re able to buy. You just need to search for Ether, and once you find it, select the amount you’d like to buy and finish the transaction. Once that’s done, you’ll see your balance in your wallet.
Step 4
You can head to an online Ethereum casino of your choice now. If you’re stuck with finding the right ETH gambling site, then we recommend checking out our curated list above, which features some of the best casinos in the industry.
Step 5
Once you’ve found the Ethereum casino of your preference and signed up, you can head to the cashier section. Here, you’ll find the site’s payment options, which will include ETH. You can now transfer Ether from your crypto wallet. Deposits are almost instant, and within a few clicks your account will be funded.
How to Withdraw at an Online Ethereum Casino
ETH withdrawals are relatively simple, but the process can differ from one casino to the next. Here’s each step you need to take to make a withdrawal at an Ethereum casino:
Step 1
Check that you’re able to make a withdrawal from your casino account balance. For example, you may need to meet the wagering requirements of a bonus if you’ve claimed one or provide the casino with additional documentation or information if they’ve requested it.
Step 2
Head to the cashier again and select Ethereum as your withdrawal option. Make sure that the amount you’d like to withdraw falls between the minimum and maximum withdrawal limits of the gambling site.
Step 3
Wait for the funds to be transferred back to your Ethereum wallet. ETH pay outs usually take 48 hours or as little as 2 hours, depending on the casino. You can transfer Ether back into normal FIAT currency, such as USD or EUR, should you wish to do so.
Fees For Depositing and Withdrawing with Ethereum
Since Ethereum is decentralized, there is no bank or banking system of any kind authorizing the transactions made while using it. This means you wouldn’t have to pay fees as you do with other standard deposit methods, as an automated system does all the work, and not actual people who need to get paid.
The only fee you’re required to pay will be the one going towards maintaining the blockchain. This charge is also known as ‘gas’, and it’s what fuels Ethereum’s blockchain. You’ll pay this fee for your transaction based on the time, data, and effort it needs to be processed.
For most people, these fees are negligible, which is one of the key advantages with gambling online with ETH. The fees could be higher for high rollers, though.
From the casinos’ side, they generally won’t charge you for Ethereum deposits and withdrawals, but this may vary from site to site. Always read through the ETH casino site’s terms and conditions to double check for yourself.
Pros and Cons of Gambling Online with Ethereum
There are many benefits to gambling with Ethereum, but as with all deposit options, it has its downsides. Below, we’ve summarized some perks we’ve discussed previously and pointed out a few disadvantages. Knowing both the pros and cons of ETH will help you figure out if it’s the right payment option for you.
- Secure payment option–everything is encrypted.
- Faster withdrawal times than other methods.
- Ethereum-specific casino bonuses are available.
- Low fees for processing payments.
- Ethereum casinos are still limited in number.
- The value of the currency is volatile—price constantly changes.
- Not as user-friendly as Bitcoin.
How Common Are Ethereum Casinos?
Ethereum may be the second most popular cryptocurrency, right after Bitcoin, but ETH casinos are still not as widespread as gambling sites with other payment methods, such as Skrill casinos. There’s still a fair amount of choice on the web, but it may be limited in comparison. Generally, you’ll find Ethereum as a payment option at independent online casinos.
If you want to find your ideal online Ethereum casino, or want to find the latest site accepting ETH, then consult our top list at the beginning of this page. Not only does our team of gambling experts work on bringing you the best crypto casinos, but we’re also constantly on the lookout for the newest ones too.
Our Review Process for ETH Casino Sites
The casinos that make our top list need to go through several quality checks by our team. We’ve been gambling online for decades and know a thing or two on what makes a casino stand out. Below, we’ve provided an overview of what a casino must offer our readers if it’s making the cut for our curated list.
Safety and Security Measures
There’s nothing more important than your peace of mind that you’re gambling at a safe and legit Ethereum casino. Each site we recommend here has a license from an established gambling authority and employs various security measures to protect your personal data, such as SSL encryption.
Quality of Casino Bonuses
When we review casino sites, we also look at the quality and variety of the bonuses being offered. Casinos need to offer a generous selection of promotions, such as no deposit bonuses, free spins, and match bonuses. To be featured on our page, they must also have fair wagering requirements, and reasonable terms and conditions.
Variety of Providers and Casino Games
A quality gambling site will feature a rich selection of casino games, such as video slots, table games, and live dealer titles. Not only must our Ethereum online casinos have variety, but the games must also come from the best providers in the industry. We list sites that offer games from the likes of Play’n GO, Evolution Gaming, Yggdrasil, and NetEnt.
Fair Transaction Fees
Ethereum comes with low fees, but some sites will charge high ones for deposits and withdrawals. We believe that online gamblers should keep most of their winnings. We ensure that each site on our list comes with no fees, or at the very least, fair ones that won’t break the bank.
Professionalism of Support Team
A reputable ETH gambling site should come with friendly support agents that will help you with any issues you may run into. We use each contact option the casino offers to see how good the customer service is for ourselves. Only casinos with professional help will make the cut. We also ensure that each casino comes with a superb choice of contact options, like live chat, email, and telephone support.
Optimization for All Devices
Any gambler should be able to access an Ethereum casino through any device of their preference, be it mobile, desktop, or tablet. We test each site on several devices to review its performance and the user experience it offers. We’ll only consider casinos that are optimized for all phone and tablet models, so you can gamble with comfort and convenience.
Join Our #1 ETH Casino Online Today!
Now that you know all the ins and outs of gambling with ETH, it’s time to join our very best Ethereum casino. This site has been handpicked by our experts, and It’s guaranteed to offer you a stellar gambling experience thanks to an excellent choice of casino bonuses, games, and banking options. Join today and claim your welcome package!
Ethereum Casino FAQs
Ethereum gambling involves playing at a casino that accepts Ether (ETH) deposit and withdrawals. Ether is a cryptocurrency which supports the Ethereum platform, and it’s highly popular to gamble with as it allows more security and anonymity.
You can find the best ETH casinos online here on our page. These casinos have been ranked highly by our experts for the quality of their bonuses, their games variety, and their reputation. Just as with any cryptocurrency casino, you can gamble safely and anonymously at these sites.
Yes! Ethereum casino sites are extremely safe to play at. Ethereum is secure, transparent, and private. Your online payments and personal details at these casinos have little chance for fraud or third-party interference because of the blockchain technology.
Ethereum gambling games involve any casino staple you could think of. With ETH, you can play all kinds of real money slot machines, table games, and live dealer games. You can also play dice games, video poker, and keno.
Ether, known as ETH in short, is a digital cryptocurrency that is available to everyone in any location. It’s money in digital form and does not need local banks or a third-party banking system. Ether has a very similar concept to Bitcoin since both work on blockchain technology.
You can safely buy Ethereum at a cryptocurrency exchange. The most popular exchanges include Coinbase, Kraken, Gemini and Bittrex. To buy Ethereum at an exchange, you must first create an account, and deposit funds in a traditional currency, such as USD or EUR. You can then buy Ethereum with these funds.
Coinbase is a reputable exchange as it’s one of the oldest ones, having been active since 2012. It supports 100+ countries, including Canada, UK, and US. CoinMama is also a suitable exchange. It’s been around since 2013 and places a lot of importance on the quality of their customer support.
Ethereum and Bitcoin both have different strengths and weaknesses. Bitcoin is older than ETH and is more mature and stable. Ethereum on the other hand, is much quicker than Bitcoin with regards to transfer time, despite being a newer cryptocurrency.
If you’d rather use another cryptocurrency to Ether, then we suggest giving Bitcoin casinos a try. They are much more common than Ethereum casinos, and Bitcoin is hands down the most popular cryptocurrency on the market. It’s a stable currency that’s safe to play with at gambling sites.
Cryptocurrencies such as Ethereum are extremely difficult to hack due to the blockchain technology they are built on. Ethereum has never been hacked, but cryptocurrency exchanges and online wallets have been hacked in the past.
You can store your Ether safely by storing it in your own personal wallet, as opposed to storing it in wallet belonging to a cryptocurrency exchange. You will have complete and private control of your funds this way. The most secure options include paper wallets and hardware wallets, as they are disconnected from the internet.
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