Gambling with ETH

August 20, 2022August 28, 2022

Read Time:3 Minute, 33 Second

Modern online casinos give customers the right to open accounts not only in the usual money, but also in cryptocurrency. Bitcoins are the most popular among players, but it is also possible to deposit in other cryptocurrencies, including Ethereum. For this purpose, we have prepared for you a special rating of the best online casinos that accept Ethereum:
Sportbet.one
BitcoinCasino.io
Everum Casino

Etherium is inferior to bitcoins in value, but not in convenience. The basic principles of its use will be familiar to those who often use digital money. Users are given the opportunity to make payment transactions while remaining anonymous. The security level of such payments in this case remains at the highest level. That is, players will not have to worry about possible trouble. The main thing is to choose a casino with a license and not in a hurry with decisions. It is important to study in advance all the features of paying with Etherium, so as not to encounter surprises later.

How to deposit with cryptocurrency?

To replenish the account, players need to have an Ethereum wallet, from which the cryptocurrency will be debited. Opening and depositing it will not cause users any difficulties. When the wallet is already established, remains:

Authorize in the personal office on the website of the online casino for money;
Open page with a gaming account and copy the purse number in the casino;
Open your own wallet and enter it copied earlier combination;
Specify the amount to be transferred to the deposit;
Confirm the transaction and wait for the funds to be credited.
Choose a welcome bonus for registration and first deposit;
Digital money are transferred to the player’s balance immediately.

But before crediting, gamblers should find out what currency the deposit is made in. Sometimes even those institutions that allow cryptocurrency deposits limit the choice of account currency to fiat money. In such cases, when digital funds are deposited into the account, there is an automatic conversion at a rate that is not beneficial for the player. Choosing a cryptocurrency casino, you should give preference to those institutions that allow you to open an account in Ether. This will allow you to avoid offensive money losses.

Withdrawal from the casino

Receiving winnings at a casino with withdrawals of Ether to your wallet is almost the same as the process of depositing. The main difference is that now you have to copy the details of your personal wallet, not the deposit. That is, to withdraw funds players will:

Open their own wallet and copy its number;
Authorize in a private office on the casino website and open the “Cash” section;
Switch to the tab “withdrawal” and select the appropriate method for receiving the winnings;
Enter the number of your wallet in the appropriate field and specify the amount of payment;

Wait until the employees of financial department will approve the application.
The period of payment takes a few minutes, but sometimes it can drag on for several hours. This is due to the fact that the administration of the casino processes the application. Limits and commissions on the withdrawal does not apply, unless such restrictions are not set by the gambling establishment. Such nuances can be found out by studying the rules of the game club.

List of casinos that accept Ethereum

The list of casinos that accept Ethereum is not very wide, but such institutions do exist. In this case, the mentioned payment system is gradually gaining popularity, becoming more and more popular. That is why finding a suitable gambling establishment will not be difficult.

Advantages and disadvantages of Ethereum

Among the main advantages of making a deposit to Ethereum casino stand out:

The ability to make money transactions anonymously;
Lack of significant restrictions and limits on the amount of withdrawal, the ability to quickly get a large winnings;
Getting passive income due to the growth of Etherium;
Simplicity of money transactions, minimal requirements to users;

Safety when making payments.
The disadvantages include a small number of online casinos that accept Etherium. Also from the negative side stands out the fact that in some clubs, accepting Ether, there is no possibility to keep an account in cryptocurrency. As a result, players lose profit on constant currency exchange.