- 100% welcome bonus up to 5 BTC
- Provides wide range of casino games from classics to newest and hottest
- Allows multiple cryptocurrencies in one wallet
With Ethereum casinos, you can play poker, roulette, blackjack, or any other casino game you like. Additionally, you will learn how to play with Ethereum, as well as what the benefits of doing so are.
Let’s take a closer look.
Latest update 10 June 2024Ethereum is one of the most popular and widespread cryptocurrencies currently available today. It offers enhanced privacy, security, transparency, payment speed, and a well-maintained system.
Ethereum has even surpassed Bitcoin in terms of transactions! This is from over 900 different cryptocurrencies – so it’s quite impressive. Since Ethereum was introduced in 2015, many Ethereum casinos have opened their doors. In addition to Ethereum, Ethereum online casinos often support Bitcoin, Litecoin, Dogecoin, and 900 other cryptocurrencies.
Most Bitcoin casinos and other crypto casinos worth their salt will accept Ethereum as a payment method.
Ethereum is a decentralized, blockchain-based financial system developed by software engineers who had previously worked on Bitcoin. Ether, the official Ethereum tender, is recorded on a continuously growing list (a ledger) on a blockchain, a peer-to-peer network.
Simpler put, the use of cryptocurrency for deposits and withdrawals is generally safer and more transparent than the use of traditional online payment methods.
As its name suggests, it means that there is no central authority, party, or bank that holds all the information about transactions on the Ethereum platform.
The peer-to-peer network, as we have discussed previously, consists of everyone having access to information in small chunks. In addition to supporting Ethereum, which works in this way, the latest Ethereum casinos are also built on the blockchain.
What does this mean for Ethereum casino sites?
Despite being highly privatized due to the fact that no real-world identity needs to be disclosed, Ethereum and other cryptocurrencies remain highly transparent. As a result, Ethereum casino users can be certain that their payments to and from an Ethereum casino actually occurred, thanks to a public ledger that can be accessed.
You can maintain your anonymity – at least financially – while doing all of this.
As well as some advantages over other cryptocurrencies, an Ethereum casino offers advantages over regular online casinos. Down below you can see what ETH gambling sites can offer you that traditional casinos cannot.
It is important to note that transactions on the Ethereum blockchain are completely anonymous. As a result, users are not required to have their real names or any other identifying information associated with the crypto wallet from which they deposit and withdraw funds from their ETH casino accounts.
It is provably fair to use Ethereum. To verify the authenticity and integrity of ETH transactions, they can be checked against a publicly accessible ledger.
There are no intermediaries to slow down Ethereum transactions.
Due to its decentralized nature, there is no central authority that has to process or verify incoming or outgoing transactions. Transactions are all handled by the blockchain algorithm and are extremely quick and rapid. Your payments will go through more smoothly and faster with the best Ethereum casino sites since they won’t add on much transaction processing time.
The Ethereum network knows no boundaries or countries. As a result of its international and decentralized nature, it can be used throughout the world.
With this cryptocurrency, you can access many online casinos from around the globe.
Depositing at Ethereum casinos is easy if you have a cryptocurrency wallet and some ETH in your wallet. Down below you can see a short guide on how to get started at Ethereum casinos.
Go to the Banking, Cashier, or Deposits section of your chosen ETH casino
Copy or scan the QR Code provided.
Enter the provided address in your ETH crypto wallet
Choose the amount of ETH you wish to deposit
The transaction is complete once you click or tap send and you can now start playing
There are a number of factors to consider, along with a healthy dose of personal preference. While we’ll discuss each element in more detail below, here’s a quick list to put you on your feet:
There are plenty of your favorite casino games available
Bonuses that are crypto-specific and excellent
An impeccable level of security
Customer service that is available and quick
Even though you will not be limited to specific casino games when you are playing at your favorite Ethereum casinos, you do have access to games outside of the crypto casino once you have some ETH in your wallet.
It is possible to play games such as ‘The CryptoKitties’ for example. This game is unique in the sense that it allows players to curate their own unique digital pet. CryptoKitties also allows you to buy, sell, and trade other digital pets with other players around the world.
This piece of software, in fact, was one of the first pieces of software to make use of the Ethereum blockchain itself as a form of entertainment, as it was built entirely on the Ethereum blockchain platform.
Also, you will find games such as Crash Gambling, which is quite popular with crypto players. This game requires players to predict the best time to cash out on an increasing multiplier before it ‘crashes’.
It must be noted that Ethereum gambling is not limited to these few select games, however.
As we discussed earlier in this article, there are many full-fledged casinos with a full range of games that accept ETH as a payment option. Therefore, Ethereum casino games can be anything you already know and love from the world of online gambling, including:
Casino slots
Live casino games, including blackjack and roulette
Classic table games
Sports betting
Thus, you will be able to play Ethereum slots and live dealer games on any of the best crypto gambling sites out there!
It is true that if you are interested in ETH gambling on sports betting or ETH slots, for example, you would have to search for a casino site that offers these functions, and this is where casino reviews like the ones you will find on our website can be very useful.
In addition to offering all your favorite casino games, the best Ethereum casinos will also provide you with a welcome bonus, a deposit bonus, and a series of other bonuses, just like an online traditional casino.
It is also worth noting that most cryptocurrency casinos also have a higher average return to player rate than traditional casinos. Payment methods such as ETH and other cryptocurrencies have much lower processing fees associated with them than traditional casinos.
This means that deposits and withdrawals will cost the casino less to handle. As a result, the casino will be able to be a little more generous on average with their payouts, so it’s a win-win situation for both the player and the casino.
There are many vulnerabilities in everything, and Ethereum, crypto, and any other payment method are not immune to these vulnerabilities.
As always, we advise you to do your best to gamble responsibly. The best way to do this is not only to stay within your gambling budget but also to play at casinos that are licensed by a reputable authority within the gambling industry.
The list includes organizations such as the Malta Gaming Authority and the Curaçao Government, among others.
Regardless of whether we are referring to Ethereum gambling sites or casino sites in general, good customer support is an essential part of a successful gambling site.
A few things you should look out for when searching for a good Ethereum casino, or a good online casino in general, are generally indicators of where to find the best Ethereum casinos.
The support hours should be reasonably long and convenient for your playing schedule, although 24/7 availability may not be necessary.
In order for you to feel safe when playing at an online casino, the casino should be able to provide you with a way to speak to a real human being if you are having any problems. If there is no phone support, there should at least be a live chat function without any bots.
It does not matter if it is a minor problem with slot games, live dealer games, or just a quick question about the welcome bonus or free spins, the FAQ section should be easy to find and have answers to all the common questions a player might have regarding the welcome bonus or free spins.
In order to buy ETH, you will need to use a crypto exchange or a contract of difference (CFD) broker. A number of cryptocurrency exchanges require you to provide identification documents before exchanging your local currency for ETH. You can then proceed to your favorite online casinos that support Ethereum gambling once this is done.
Down below, you can see a list of the most popular Ethereum exchanges
CoinMama – Founded in 2013, it supplies Ethereum, Bitcoin, and a whole bunch of other cryptocurrencies.
CEX.io – Providing a complete trading platform, Fincen registered and accepts SEPA transfers, credit cards, and wire transfers, this site is easy to use.
Coinbase – A bonafide international Ethereum exchange, Coinbase has been around since 2012 and supports over 103 countries.
Bitpanda – In addition to having a super cute name, Bitpanda operates in the Eurozone and offers a variety of payment options.
Binance – Binance, which has options for all the major cryptocurrencies, including its own Binance Coin (BNB), is also quite popular.
Although Ethereum casinos have plenty of games and generous bonuses, there are still some drawbacks inherent to the ETH financial system. Luckily, this isn’t anything to do with having an extensive game library or generous bonuses.
The pros and cons of online casino gambling using Ethereum are as follows:
Faster deposits and withdrawals than traditional casinos and Bitcoin casinos
Secure and private payment method
Most cryptocurrency casinos offer better payout percentages
Compared to other cryptocurrencies, it has lower transaction fees
Setup could be a little complicated
Cyberattacks are a threat to cryptocurrency exchanges
Cryptocurrencies have volatile values
Despite the fact that there are quite a few operators that accept Ethereum (ETH) as a payment option, there are only a few fully decentralized online casinos that are built on the Ethereum platform that is fully decentralized. As a result, Ethereum casinos can only be referred to as ‘real’ Ethereum casinos when they are created using smart contracts on Ethereum’s platform and ecosystem.
There is no doubt that as Ethereum gains traction, surpassing Bitcoin in market capitalization, and more developers are starting to work on decentralized (gaming) applications, it is inevitable that sooner rather than later, fully-fledged Ethereum casino applications will be available.
Is this confusing? In the short term, all you need to know is that there are plenty of online casinos that accept Ethereum, Bitcoin, and a range of other crypto coins as a method of depositing and withdrawing money, and there will be more and more decentralized Ethereum casinos popping up in the near future.
With exchanges like Poloniex, ShapeShift, BitStamp, and Kraken, it is surprisingly easy to exchange Ethereum into other cryptos, such as Bitcoin. You will also be able to exchange some of them into traditional currencies such as dollars and euros if you want to trade your crypto for them.
Basically, Ethereum casinos can be divided into two categories. They are either casinos that accept Ethereum as a deposit or withdrawal method. Or, they are casinos that use the Ethereum blockchain and smart contracts to facilitate deposits and withdrawals. As all games and transactions are broadcast on the public ledger of the Ethereum network, the latter is the most ‘true’ Ethereum casino experience.
Most jurisdictions allow Ethereum casinos to be operated legally. The casinos that accept Ether as a form of payment are usually licensed in the relevant jurisdiction for you to be able to play there legally. It’s important to check country restrictions before depositing if they don’t have a European or US license, as they operate under a license that enables them to operate globally as a decentralized casino.
There are many advantages to playing at a decentralized Ethereum casino, including anonymity, permissionless payments, unstoppable deposits/withdrawals, and transparency.
It is a common misconception that everything in crypto is anonymous. The reality is far from that, as the blockchain allows for all transactions to be public. It is possible to achieve an extremely high degree of anonymity, however, if your Ether coins and your Ethereum casino account are not directly associated with your name.
There is no denying that the casino landscape is a dynamic one, especially when it comes to crypto casinos. The rule of thumb is that if you have an online casino, Ethereum casinos will also be legal in your country. In spite of the fact that most jurisdictions take the same stance on online gambling as they do for Ethereum gambling, an Ethereum casino could offer you access to gaming in jurisdictions where it is difficult to find an online casino.