Many online casinos support Ethereum as a payment method. So let’s examine Ethereum casinos and what makes them worth your time.
A decent online casino provides different payment methods for both depositing and withdrawing. Namely, you should be able to choose between traditional options (credit cards, bank transfer, etc.), e-wallets (Paysafecard, Skrill, etc.), and online banking methods (Interac, etc.). But some venues went a step further and offered bitcoin methods that are perfect for online gambling.
But as you already know, there’s a number of cryptocurrencies you can purchase today and use for online gambling. Ethereum is one of the most common cryptocurrencies available. Accordingly, many online casinos support Ethereum as a payment method. So let’s examine Ethereum casinos and what makes them worth your time.
Ethereum Payment Method Review: Casino Edition
Cryptocurrencies may sound like something out of a sci-fi novel. However, people already use them. They are secure payment methods available in numerous countries. Therefore, plenty of online casinos offer them.
Aside from bitcoins, ether is the most common cryptocurrency you can use for betting. It’s a type of digital currency owned by Ethereum, a blockchain platform. The Ethereum network serves for recording and verification of transactions.
Additionally, making payments via Ethereum is simple and cheap. You won’t be facing high extra charges. It also allows you to make online purchases anonymously and quickly. The deposits and withdrawals with Ethereum typically occur instantly, and online casinos can’t affect them in any grave way, making it a secure transaction method.
Ethereum Casinos: Registration Guide
If you want to gamble with ether, you should first find a reliable Ethereum casino. Luckily, the Internet offers you plenty of gambling platforms providing cryptocurrencies and bitcoin-friendly methods. Once you pick one, you’ll have an easy time completing the registration process.
Most gambling platforms have a signup button in one of the upper corners. Sometimes, you’ll find a registration form on the homepage. Alternatively, it may keep on popping up and covering your screen. Either way, you’ll have no difficulties opening the registration form.
Most registration forms consist of several pages. To fill them out, you need to provide the venue with residential and personal information. Hence, the casino will require you to provide your email address, city, state of residence, currency, date of birth, phone number, full name, address, and so on.
Once you submit the form, your account will be created. In most cases, you’ll have to verify your email address or phone number to Ethereum casinos. The venue will send you a verification link you’re supposed to click and finish the procedure.
How to Make a Casino Deposit Using Ethereum?
Ether is a cryptocurrency you have to purchase online. Currently, its worth is around $2,900. But to get yourself some ether, you need to have a crypto wallet. Luckily, there are many popular wallets you can get – Coinbase, CoinMama, Kraken, etc.
To create an account on one of the cryptocurrency wallet platforms, you need to visit it and enter your personal information. Once you do, you’ll have to verify your account. Then, you must provide the platform with financial data. That way, you’ll be able to move actual “cash” from your bank account to your cryptocurrency wallet.
The platform will then provide you with the possibility to choose the cryptocurrency you want to purchase. There’s a whole variety of them, but you’re supposed to search for ether. Once you find it, you should enter the amount you want to buy.
After obtaining your ether, you should find the venue that supports Ethereum as a deposit method. If you want to play for real money, you’ll need to register. At that point, you’re supposed to go to the cashier section and choose Ethereum.
The venue will take you to the website, where you can connect your crypto wallet with your betting account. Finally, you can enter the amount you want to deposit and watch the cash move into your casino account. This shouldn’t take more than ten minutes.
How to Withdraw Funds from Ethereum Casinos?
The withdrawal procedure also requires several steps and a few minutes.
To start, you should visit the cashier section again and choose Ethereum as a payment method. Once you do, you’ll be dropped to the website, where you can select the amount you want to withdraw and confirm the transaction. You’ll probably receive your cash in less than no time.
Note that online casinos have some withdrawal limits per transaction, day, week, and month. Those may depend on the payment method. In the case of Ethereum, the maximum withdrawal amount limit per transaction may be a bit higher. Hence, you won’t be able to withdraw as much as you want, but the restrictions should be reasonable.
How to Find Ethereum Casinos?
If you want to gamble with ether, you need to find a crypto-friendly betting platform. Fortunately, today’s online casinos often support Ethereum and similar payment methods. What’s more, crypto-friendly casinos are primarily decent and customer-oriented.
Nonetheless, you should also pay attention to the venue’s game library and bonus selection. For example, it’s supposed to provide various game genres and regular bonuses for diverse occasions. Naturally, the casino should have a diverse offer of products. Otherwise, you won’t stay on the platform for long.
Similarly, the online casino should have specific options, a user-friendly website, and offer quality services. Hence, you should have the possibility to contact customer support when an issue occurs. Also, the availability of a multi-language option is a huge plus.
Lastly, you may want to keep your security as priority number one. Some gambling platforms are rogue and predatory. If you want to avoid them, you should check some casino reviews and search for information about the venue online.
Alternatives to Gaming with Ethereum
Ethereum casinos aren’t the only crypto option. If you want to gamble with cryptocurrencies but avoid Ethereum for whatever reason, you can consider some other similar options. For instance, Bitcoin and Litecoin are ideal alternatives to gambling with Ethereum.
But if you’re looking for a payment method that uses regular currencies, you can choose some e-wallets. Neteller, Paysafecard, and Skrill are reliable payment methods available in many states. What’s more, they are faster and more convenient than credit cards.
Ethereum casino is a crypto-friendly betting platform that accepts ETH and supports Ethereum as a payment method.
Yes, many online casinos offer Ethereum as a deposit and withdrawal option.
Ethereum casinos are regular gambling platforms. Therefore, the registration, deposit, and withdrawal procedures are no different than usual.
If you want to play real-money games with ETH, you should find a reliable platform that supports Ethereum. For example, BitStarz Casino is a crypto-friendly venue with excellent game and bonus selections.