In the US – and all across the world, more and more players are turning their attention to cryptocurrency casino sites. It used to be a case of simply Bitcoin casinos, but that is no more. Hot on the heels of Bitcoin came its closest rival, Ethereum.
In this Ethereum casinos guide, not only will we point you in the direction of the best Ethereum casinos out there, but we will also look at how they work, the advantages and disadvantages of playing at ETH casinos – and how to claim the best bonuses to get off to the very best start.
What Is Ethereum?
Ethereum was initially launched back in 2014 and it was the handiwork of respected software developers that had previously worked on Bitcoin. However, they saw the problems with Bitcoin and decided to create something even better. Thus came Ethereum – the next big decentralized, blockchain-based digital financial system.
These days, Ethereum has become one of the most widespread and popular crypto coins out there. This is an online payment system that offers high security, more privacy, complete transparency, quick transaction times and minimal fees, all on a highly maintained site.
So popular has it become, that it has even overtaken Bitcoin in terms of transaction number – and is now one of the most used cryptos in the world. This is because it has lots of excellent qualities, making it appealing to all. As such, this has encouraged more Ethereum casinos to open their doors.
Ultimately, deposits and withdrawals made using cryptos such as Ethereum are much safer, more transparent and quicker than fiat currency transactions, making it a popular choice.
Because Ethereum is a decentralized currency, it isn’t tied to any financial governing body such as a bank, government or country. All transactions are completed and confirmed by verified users. As such, every deposit or withdrawal you make is anonymous – so you won’t need to worry about gambling spending being visible on bank statements or credit checks.
This makes it one of the most popular casino payment options out there.
Ethereum Casino Advantages and Disadvantages
Now we know what is Ethereum, let’s take a look at the pros and cons of playing at Ethereum casinos:
Quicker transactions than fiat currencies.
The use of blockchain for transactions ensures security.
An anonymous way to gamble, meaning it can’t be checked by creditors or banks.
Minimal transaction fees.
There are some unlicensed and unregulated ETH casinos.
Not as widely available as fiat currency online casinos.
Value can fluctuate, meaning a quick drop in value depending on financial markets.
Often you will need to pay exchange fees to play as you might be able to deposit with Ethereum in casino sites but have to play with a fiat currency.
How to Use Ethereum in an Online Casino?
Ultimately, if you choose the best site and know your way around cryptocurrencies, this is an excellent way to play. So, let’s look at how to play with Ethereum at an online casino:
- Compare different cryptocurrency wallets and look to see which one is the best available for you. You then need to create your own Ethereum wallet.
- Buy your Ethereum. Remember, you should look around different exchanges to see which offers the best rates. You can then decide how much ETH you want to purchase and place it in your wallet.
- Pick an Ethereum casino from our list of best ETH casinos. All of the sites you see on our list of best Ethereum casinos have been tested and verified to ensure that they offer a licensed, safe, secure and high-quality Ethereum casino experience.
- Register a new account – following the site’s instructions closely. You may then need to verify your account.
- Once this has been done, open up the cashier section and select Ethereum as your payment option. This may be under Ethereum, Cryptocurrency or a Cryptocurrency wallet such as CoinsPaid.
- The casino will then send you its Personal Wallet Number. You need to make a note of this. The PWN is a combination of numbers and letters and needs to be entered exactly.
- Open up your Ethereum wallet and create a transfer. You will need to enter the casino’s PWN exactly. Enter how much Ethereum you wish to deposit and then confirm.
- Your Ethereum deposit should be in your account in moments. It can be immediate or take a few minutes depending on how busy the blockchain is.
- Claim your Ethereum welcome bonus
- Play Ethereum casino games!
How to play with ETH couldn’t be easier right?! The good news is that making an ETH withdrawal is just as easy (and often as quick) as deposits.
- Open your ETH casino account
- Click on the banking section and select ‘withdraw’.
- Choose Ethereum as your withdrawal option which may be under Ethereum Cryptocurrency or a crypto wallet.
- Enter the amount you wish to withdraw, enter your Personal Wallet Number and confirm.
- Your withdrawal may table just a few moments or a few hours depending on how busy the blockchain is.
The best Ethereum casinos won’t charge you transaction fees for deposits or withdrawals. Having said that, there may be a small network fee applied by Ethereum to complete the transaction. However, this will be tiny.
In addition, if you have to exchange your Ethereum into a fiat currency to play (or vice versa) then your Ether wallet may charge a small exchange fee, which will be a small percentage of your transfer.
The fees will be negligible though – no more than a couple of dollars. That is why it is important to check the terms of your wallet, exchange and casino to make sure that you only pay the bare minimum.
Ultimately, how to use Ethereum in casino sites is pretty straightforward. There are obviously Ethereum pros and cons worth considering, but once you know how to play with Ether, it’s quick, efficient and secure!
Bonuses in a Casino With Ethereum
When you open a new account with any of the good ETH online casinos, you should expect a generous and fair Ethereum casino bonus to welcome you to the site. Generally, these are pretty generous because crypto casinos are eager to attract more players as their popularity grows and as more start to pop up. Competition is fierce.
You can usually expect a pretty solid new player bonus – which might be a 200% match deposit up to 20 ETH. However, once you have joined, you can expect many more such as cashback offers, reload bonuses, match deposit offers, free spins, sports bonuses and more. You might even find an Ethereum no deposit bonus if you’re lucky!
Let’s look at some of the best Ethereum casino bonuses on offer:
Ethereum No Deposit Bonus
A no deposit bonus ETH is the most sought-after because you are required to deposit nothing to claim it. You literally get something for nothing! The only requirement would be opening a new account and verifying the account. In some instances, you may need to enter an Ethereum personal wallet number – although no deposit will need to be made.
The funds (or no deposit free spins) will be added to your account straight away.
Remember to check the terms and conditions of the no deposit bonus Ethereum – as often the wagering requirements are higher than with a standard deposit bonus.
Other Ethereum Online Casino Bonuses
Fret not – there will be even more Ethereum casino bonuses available to you as you continue your journey at the best Ethereum online casinos, such as:
- Reload deposit match bonus As well as a welcome bonus, you may get a match deposit bonus to encourage you to make another deposit into your account. This will work in the same way as a welcome bonus but is often smaller than the welcome bonus.
- Cashback If you have a bad run of luck, the ETH casino may give you cashback up to a set amount of the previous day’s or week’s losses.
- Free Spins A slot lover might enjoy a free spins offer. Simply make a qualifying deposit and claim free spins to play your favorite games.
- Sports bonuses If the casino has a sports betting vertical, you might also enjoy free bets, odds boosts and more.
Whether you are looking for an ETH casino welcome bonus or existing player ETH casino bonuses, our top casinos will offer you plenty to get excited about. However, remember to always read through the terms and conditions before claiming so that you can claim the bonus and withdraw the winnings with no trouble.
Finding the Best, Safest, Trustworthy Ethereum Casino
When creating our list of top Ethereum casinos, here are the main issues we factor in:
- Licensing and regulation The best ETH casino site should be fully licensed by a top governing body such as the MGA, UKGC or Curacao etc. This will ensure it operates to the highest standards.
- Selection of games The best Ethereum casino will have top games from the best providers. The bigger the catalogue of games.
- Top Customer Support We want to see fast, efficient, friendly and helpful support available around the clock and via a variety of mediums.
- Fair and Safe The best casino with ETH will ensure that all of its games are regularly tested for fairness and transparency. They should hold certificates from testing companies such as iTechLabs or eCOGRA.
All of our recommended top Ethereum casinos fulfil each of the criteria so that you can expect the best. However, there are also other factors to consider before you start playing:
- Compare the different ETH wallets to make sure you choose the best. You need the best ETH casinos online.
- Check out the ETH exchange rate and buy and sell when the time is right.
- Make sure you read our in-depth reviews of all the best Ethereum casinos to make sure you choose the best one for you.
Best Ethereum Casino Reviews
Our experts put a lot of time, effort and research to provide you with a top ETH casino review. We register with the casino, deposit, claim the bonuses, try out the games, test the customer support, withdraw and check out licensing, certification and reputation. We leave no stone unturned when it comes to Ethereum online gambling.
This means that by checking our Ethereum casino reviews, or any crypto review, you will know exactly what to expect so you can make a fully informed choice.
Best Ethereum Casino Games
As you would expect, we only ever recommend ETH casinos with a good selection of games. We know that you want to play Ethereum casino games from the best providers. We also know that you will want a good selection. Here are some of the top ETH games to expect:
You simply place your bet on the roll of the dice in this fun blockchain game
Place your wager on a multiplier as it rises up the graph. If you don’t cash out before you crash out then you lose.
Get closer to 21 than the dealer without going bust!
Enjoy a selection of slots to spin and win
Enjoy all the best ETH casino games with real-life dealers live-streamed to your computer!
Ethereum Casinos FAQs
Are Casinos With ETH Legal
Betting with Ethereum is legal as long as you are playing in a region where it has been legalized and you are playing at a licensed and regulated casino.
Is Playing at Ethereum Casinos Anonymous
Yes, you don’t need to enter any banking details so all of your transactions are completely anonymous. However, they can all be traced if necessary.
What Crypto Currencies Can I Use in Online Casinos?
As well as Ethereum, you can also use many more Altcoins and digital currencies including Bitcoin, Litecoin, Dogecoin, Ripple, Monero, Matic and many more. Check the banking section to check.
How Long Do Ethereum Deposits Take?
They can take anywhere between 0 to 10 minutes depending on how busy the blockchain is.
How Long Do Ethereum Withdrawals Take?
These can take between 0 – 2 hours (sometimes longer) depending on how busy the blockchain is.
With 8+ years in the iGaming industry, Tomek has a wealth of experience in building and improving online casino platforms. Fascinated by the intersection of crypto technology and iGaming.
He has been involved in crypto since 2016, writing about free web (3.0), crypto (d)apps, and blockchain safety. Based in Malta, Tomek is a specialist in live casino games, one of his favorites – live roulette.More by Tomek Jedrak