While many cryptocurrency casinos revolve around the use of Bitcoin, Ethereum casinos are hardly forgotten. Many bettors who fancy trying their hand at betting with a cryptocurrency other than Bitcoin will find no shortage of top sites catering to Ethereum users. Allow us to introduce you to some of the very best Ethereum casinos below.
Unless you’re looking at a Bitcoin exclusive casino, most major cryptocurrency casino sites accept Ethereum. This gives you a sizeable pool of options to choose from. Of course, some Ethereum casinos are more notable, secure, and extensive than others. We’ve got the tools to help you find the very best of them.
Using our filter system, you can shorten the shortlist of top Ethereum casinos to just those sites that tick your boxes. Seek out ETH casinos by your location, by the bonuses they provide, or other criteria. You enter your preferences, and we’ll match them with our Ethereum casino search filters.
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Ethereum was first planned in 2013, making its debut two years later. Despite its youth (compared to Bitcoin), Ethereum has ample experience and is regarded by many to be the second-best performing and popular cryptocurrency around.
While there are unquestionably similarities between Bitcoin and Ethereum, the latter uses a different hash algorithm than Bitcoin’s SHA-256 and is designed from the off to run as a platform, rather than solely as a simple cryptocurrency. Smart contracts and apps help Ethereum stand out from its primary competitor. Throw in speedier transaction times (Ethereum processes blocks quicker than Bitcoin), the added touch of anonymity, and smaller fees, and Ethereum makes for a welcome change to any cryptocurrency user who fancies betting online.
There are a few crucial steps you need to take before you can use Ethereum, and they include:
Create your free Ethereum wallet
Create a free Ethereum wallet, with both hot (online and software-based) and cold (hardware-based) options available.
Buy ETH cryptos
Visit an exchange to purchase Ether (ETH) using an alternative payment method.
Remember your key
Make a note of your Ethereum wallet’s key and be sure to enter it when you purchase Ether.
Assuming there have been no hiccups in your bid to acquire Ether from an exchange, and the cryptocurrency now sits nicely in your Ethereum wallet, you can begin to look at depositing at Ethereum casino sites. The process is a lot simpler than you might imagine, and we’ll show you how to deposit at Ethereum-friendly casinos below:
Before depositing into your Ethereum casino account, it is worth noting whether you can bet with the cryptocurrency. Some crypto casinos may “convert” your Ether into a fiat currency for gameplay, such as US dollars. This may see you faced with unnecessary fees and poor conversion rates. Therefore, it is always an advantage to play at crypto casinos that permit you to wager on Ethereum-friendly games using Ether.
Ethereum is available for players all over the world to use. Of course, there are one or two countries that have outlawed cryptocurrencies, but even these can’t truly stop you from purchasing them and using a VPN to bet online.
Ethereum uses a currency known as Ether (ETH). Unsurprisingly, given that the cryptocurrency is named after a gas, its denominations are also gas related. The small unit is a Wei. There are a thousand Wei in a Kwei and a million in a Mwei. Gwei, Microether and Milliether units consist of 1,000,000,000, 1,000,000,000,000 and 1,000,000,000,000,000 Wei, respectively. Naturally, there are 1,000,000,000,000,000,000 Wei in an Ether. After an Ether, there also exists Kether, Mether, Gether and Tether, although these units are so large that they are not practical for online gambling purposes.
The value of Ethereum has proven to be a lot more stable than Bitcoin. For the last twelve months, 1 ETH has fluctuated from $2,000 up to $3,500. That may seem like a bit of a jump, but the growth (and falls) are far less severe compared to Bitcoin.
Many cryptocurrency casinos offer bonuses and promotions. Any reputable cryptocurrency casino should be able to provide you with Ethereum-friendly bonuses and promos. In most cases, these will at least consist of a welcome bonus. A typical match may be valid on your first deposit with Ethereum, or it could stretch to the first several deposits you make. At its most basic level, a 100% match should double your deposit up to 1 ETH, 5 ETH, or more.
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A casino that is committed to cryptocurrency gameplay may also be able to offer you much more. Free spin and no deposit bonuses, an Ethereum faucet, monthly specials, tournaments, reload bonuses, loyalty promotions, and a VIP scheme are not out of the question when you choose to play with our top, recommended Ethereum live casino sites. Before claiming any offer, though, be sure to check the terms and conditions of the bonus in question. You’re going to want to be sure that you can use the bonus on the games you want to play, that it features fair terms and conditions such as wagering requirements, and that you can claim the offer in Ether without it being converted to a fiat currency.