Top 10 Ethereum Live Casinos

When cryptos took off in 2017, Bitcoin was at the forefront, but Ethereum was nipping rights at the former's heels. Today, the Ethereum blockchain is a huge project which is also the talk of the online gaming industry. But as anyone would rightly guess, using Ethereum also means gaining access to top live games.

Some absolute musts include live roulette, live blackjack, and live poker. And the list does not stop there. What this means is that Ethereum works fine as one of the payment methods in live casinos. Given its good reputation, finding an Ethereum casino is not hard. Read on to learn more about Ethereum in live casinos.

Top 10 Ethereum Live Casinos
About Ethereum

About Ethereum

Like Bitcoin, Ethereum is a decentralized, peer-to-peer digital currency. It means there is no central authority that controls it. It all started in 2013 when Vitalik Buterin, a 19-year-old whiz kid programmer (et al.), proposed to create a digital currency with a shorter block time than Bitcoin. With Bitcoin having come to birth four years earlier, the crypto talk was already in the air. So, Vitalik's idea was crowdfunded faster than anyone would imagine, and the Ethereum network went live two years later (2015), with well over 70 million coins.

The headquarters of the company behind Ethereum is in Ezugi, Switzerland. The crypto experienced exponential growth, and it is now available in at least 110 countries, as of 2022. It is the second biggest crypto after Bitcoin. In live dealer casinos, Ethereum supports both deposits and withdrawals.

General Information

NameEthereum
Established2015
HeadquartersEzugi, Switzerland
Payment TypeCryptocurrency
Website:https://ethereum.org/
About Ethereum
Depositing with Ethereum at Live Casinos

Depositing with Ethereum at Live Casinos

First things first; if any live casino player wants to use Ethereum as a deposit method, they need to buy some Ethereum tokens. Like any crypto, Ethereum is not fiat money, so one cannot just walk into some exchange joint and purchase it. Of course, one can do this, but they have to do it digitally. This involves registering an account with a reputable exchange platform. Once this step is completed and the buyer's profile is verified, they can log in and find Ethereum sellers.

Ethereum can be purchased using credit or debit cards. The buyer can even use other cryptos such as Bitcoin and Dogecoin to acquire Ethereum. But Ethereum coins must be stored in a wallet; they won't hang in the air once bought. That's where an Ethereum wallet comes in. Thankfully, most exchange platforms offer traders wallets where the crypto can be stored for free. All the buyer needs is to set up the wallet with a passcode, and it will be ready for connection to a live casino.

How to Deposit

With a funded Ethereum wallet, one can easily and instantly deposit into their Ethereum casino and play top live games for real money.

  1. This can be done by visiting their live casino's cashier page and selecting Ethereum as a preferred payment method.
  2. The players will then be provided with an address, which they can copy and paste onto their Ethereum wallets.
  3. Next, they need to enter the amount they want to transfer to their casino account, verify the details, and click Submit.
  4. If one is using a mobile device, they will have a QR code, which they will need to scan. Scanning a QR code saves one the hassle of having to copy and paste the address to their Ethereum wallets. Ethereum deposits are typically quick and should be available in the casino account within minutes.

Fees and Limits

Every Ethereum deposit comes with a fee to help the coin network process transactions. However, transaction fees on the blockchain are usually small. It is worth noting that the fee may not be imposed by the live casino. However, even the best Ethereum online live casino may set a deposit limit as a bankroll management strategy. This ensures that players don't spend their entire fortune on gambling. But Ethereum casino limits are typically higher than those imposed on fiat currencies- not bad for high rollers!

Depositing with Ethereum at Live Casinos
How to Make a Withdrawal with Ethereum

How to Make a Withdrawal with Ethereum

  1. Players must have a personal recipient address from their Ethereum wallets to withdraw their winnings. The address is usually found under the ''Receive'' button. The address is typically a set of alphabets and numbers.
  2. The next step is to log in to the casino, visit the Cashier page and click Withdraw.
  3. A list of all withdrawal methods will pop up; the player must choose Ethereum.
  4. At this point, the player will need to paste the copied address into the field and enter the amount they want to withdraw.
  5. Before hitting ''Confirm,'' it is important to verify all the details; Ethereum transactions are irreversible. So, if the money is sent to the wrong address, that is it.

Payouts usually take anywhere between 2 and 48 hours, depending on the gaming platform one is playing at.

How to Make a Withdrawal with Ethereum
Ethereum Supported Currencies and Countries

Ethereum Supported Currencies and Countries

Ethereum is an international payment system that operates in, as mentioned earlier, more than 110 countries in the world. In the United States and Canada, there is a general crypto-friendly attitude, but there are also money-laundering mechanisms put in place by these countries. In the European Union, member states are not allowed to launch their own currency, but each individual member can legalize crypto exchanges if they see fit.

All things considered, some of the most Ethereum-friendly nations where the crypto enjoys popularity include the following:

  • The United States
  • The United Kingdom
  • Canada
  • Japan
  • Malta
  • Gibraltar
  • Estonia
  • Belarus
  • Germany
  • Switzerland
  • Singapore
  • Hong Kong
  • Slovenia
  • Lithuania
  • The Netherlands

Currencies

One can buy or sell crypto using a wide range of currencies, including the following:

  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • Other cryptos (Bitcoin, Litecoin, Dogecoin, etc.)
Ethereum Supported Currencies and Countries
Top Casino Bonuses for Ethereum

Top Casino Bonuses for Ethereum

No casino Ethereum gaming experience would be complete without bonuses; they make the experience better.

  • Welcome Bonuses - Welcome bonuses are, without a doubt, the juiciest bonuses in live casinos. And while the bonus may vary from one operator to another, it always comes down to the same terms and conditions. For instance, players need to sign up and make a minimum deposit to qualify for this bonus. Players must also complete playthrough requirements to be eligible for a withdrawal.
  • Reload Bonuses - Similar to welcome bonuses, reload bonuses are attached to deposits, only that the former is offered to new players, and it is a once-in-a-lifetime offer. Reload bonuses may be offered weekly or even monthly, depending on the operator.
  • Cashback Bonuses - With a cashback bonus, players can partially offset some otherwise big losses, especially when experiencing a bad run. Here, the casino gives back a part of the money the player has lost in the form of a percentage.
  • VIP and Loyalty Programs - VIP rewards and loyalty programs are the icings on the cake as far as bonuses in live casinos are concerned. Besides sprucing the gameplay, they add character to it. Typically, loyalty points are amassed automatically as long as one is playing. However, VIP bonuses, like high-roller bonuses, come with wagering huge amounts of money.
Top Casino Bonuses for Ethereum
Why Deposit with Ethereum?

Why Deposit with Ethereum?

Someone out there is probably wondering why they should deposit with Ethereum and why gaming platforms are using this crypto in the first place. Well, there are many reasons why Ethereum has been, for years, increasing its footprint in the gaming industry.

Pros Cons
Ethereum is safe, secure, and anonymous- not to mention the fact that it is transparent. Thanks to the blockchain, third party or fraud chances are very minimal to none. Ethereum is yet to be accepted as a payment method at many casinos, and there are countries where it is banned. They include Afghanistan, Vietnam, Saudi Arabia, Bolivia, Algeria, and Pakistan.
The payment comes with lower or no fees as compared to traditional payment methods Being a crypto, Ethereum is not immune to volatility. Its value can shift at any time, although players also stand a chance to win big when the change is positive.
Ethereum transactions are fast because there are no intermediaries to slow down transactions. Additionally, its shorter 15-second block time means that transactions are quicker. Bitcoin has a 10-minute block time on average.
Some casinos offer exclusive bonuses for Ethereum users.

Ethereum - Instant Hit

Many investors spotted the potential of this crypto right from the word go. Perhaps because it was the first of its kind to use the so-called smart contracts on the blockchain. Smart contracts are code bits excited once there is an agreement between wallets. These bits ensure verifiable and transparent transactions.

Why Deposit with Ethereum?
Safety and Security at Ethereum Live Casinos

Safety and Security at Ethereum Live Casinos

First of all, Ethereum financial system is decentralized and blockchain-based. This means all transactions are recorded on a constantly growing ledger on the blockchain. To put it another way, it simply means deposits and withdrawals are generally safer and more transparent than traditional online payment methods.

Decentralized System Explained

By saying that Ethereum is decentralized, it means there is nothing like one central bank, party, or authority controlling or holding the transactions. All the transaction information is held by everyone, but in small blocks/chunks, forming the blockchain mentioned above. This keeps players highly anonymous and secure.

Smart Contracts

And there are Smart Contracts, which make Ethereum security even more water-tight.
As mentioned before, Ethereum went into history books as the first crypto to use this technology. With Smart Contracts, no transaction can happen without a verification. To better understand this technology, one may want to think of them as a vending machine. The machine's code allows it to dispense the drink or food once it verifies the coin(s) inserted is/are is equal to the value of the chosen item.

It is important to note that the first layer of security comes with choosing a reputable and licensed gaming platform. Reading Ethereum casino reviews can help in selecting the best live casinos.

Safety and Security at Ethereum Live Casinos

Latest news

Popular Cryptocurrencies to Buy and Avoid for Online Gambling
2021-09-04

Popular Cryptocurrencies to Buy and Avoid for Online Gambling

The online casino industry is quickly gathering steam around the world. Today, gamers can play almost all traditional casino games right on their phones and computers. Even better, you can enjoy yourself with other players and a live dealer in a live casino.

FAQ

Everything you need to know about casinos

What is Ethereum?

Ethereum is an open-source and decentralized cryptocurrency that has been in existence since July 2015. It's a collaborative work from Vitalik Buterin and his co-designers, Joseph Lubin and Gavin Wood.

Ethereum offers a safe, convenient, anonymous way to make online purchases, including casino transactions. Being a decentralized currency, Ethereum gives users maximum control over their money.

How can I make deposits using Ethereum in live casinos?

Making deposits in a casino Ethereum starts by acquiring ETH. Players can buy this digital currency from exchanges like Coinbase, Crypto.com, or Binance. Afterward, they'll need to choose Ethereum in the casino's payment methods and transfer the funds from their Ethereum wallet into their casino account.

What are the fees for using Ethereum in Live Casinos?

Generally, there are no fees for transacting using Ethereum in live casinos. However, every gaming platform operates on varying terms, and some may expose their users to minimum transaction fees.

How long does it take to complete Ethereum transactions in live casinos?

Crypto deposits happen within seconds. However, the player may have to wait a few minutes before the balance reflects on their Ethereum wallet or the casino account balance.

Is it safe to make deposits using Ethereum in live casinos?

Yes. Ethereum uses a blockchain technology that isn't easy to crack, ensuring safety for players' funds. Also, Ethereum transactions are anonymous, protecting the player against identity theft, a common problem with internet transactions.

What bonuses do players get for using Ethereum live casino?

Players using Ethereum in live casinos qualify for almost all bonuses available for other currency transactions. Also, some live casinos offer bonuses exclusively for Ethereum users. The typical bonus offerings, in this case, may include welcome bonuses, reload bonuses, and cashback bonuses.

Does Ethereum share its users' information?

No. A player only needs to share a little information when registering with their favorite crypto exchange. After that, they'll receive a wallet with an address they'll use for any transaction. Thus, no sharing of personal or financial information with the casino.

Is it legal to use Ethereum for live casino transactions?

Yes. Live casinos treat Ethereum like any other currency and allow every player to transact using the method.

Can players withdraw profits using Ethereum?

Yes. Most casinos only authorize withdrawals from the method a player uses to deposit. Thus, Ethereum can also facilitate easy, quick, and convenient withdrawals.

Are Bitcoin and Ethereum a similar thing?

No. Ethereum and Bitcoin are the most popular cryptocurrencies and use similar blockchain technology. But, they are different projects.