Best Ethereum Casino Sites for 2022

Cryptocurrency in the digital age has found considerable traction for many reasons. The gambling industry specifically has welcomed the emergence of a secure and anonymous form of currency, with many casinos offering wide-ranging options.

Top Ethereum Casinos for 2022:

Bonus offer

5 BTC + 100 Free Spins

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  • 2500+ Titles
  • Well Designed
  • Great Welcome Offer
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Min. Deposit

0.0001 BTC

Regulated by

Curacao

Founded

2014

Owner

Direx N.V

Offer terms

18+ | New Player Only - T&C Apply

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Deposit methods

1

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Bonus offer

6 BTC or 1200 USD Welcome Offer

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  • 2500+ Titles
  • Well Designed
  • Great Welcome Offer
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Min. Deposit

None

Regulated by

Curacao

Founded

2014

Owner

Nexus Group Enterprises N.V

Offer terms

18+ | New Player Only - T&C Apply

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Deposit methods

2

18+ | New Player Only - T&C Apply | T&C apply

Bonus offer

125% up to 1 BTC

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  • 3000 Games
  • 10% Daily Cashback
  • Superfast payment
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Min. Deposit

0.2 mBTC

Regulated by

Curacao

Founded

2019

Owner

Danneskjold Ventures B.V

Offer terms

18+ | New Player Only - T&C Apply

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Deposit methods

3

18+ | New Player Only - T&C Apply | T&C apply

Bonus offer

125% up to 1 BTC

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  • 1500 Games
  • 9 Deposit Welcome Bonus
  • Great design
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Min. Deposit

50€

Website

Regulated by

Curacao

Founded

2021

Owner

Cybercorp LTD

Offer terms

18+ | New Player Only - T&C Apply

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Deposit methods

4

18+ | New Player Only - T&C Apply | T&C apply

Bonus offer

5 BTC + 15% Cashback

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  • Regular Offers
  • 5 BTC bonus
  • Great Game Selection.
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Min. Deposit

2.5 mBTC

Regulated by

Curacao

Founded

2014

Owner

Dama N.V.

Offer terms

18+ | New Player Only - T&C Apply

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Deposit methods

5

18+ | New Player Only - T&C Apply | T&C apply

Bonus offer

20% Daily Cashback

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  • 3000 Games
  • 20% Daily Cashback
  • Very generous promos
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Bets.io's Homepage Casino offers

Min. Deposit

1 mBTC

Website

Regulated by

Curacao

Founded

2021

Owner

Bets Entertainment N.V.

Offer terms

18+ | New Player Only - T&C Apply

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Deposit methods

6

18+ | New Player Only - T&C Apply | T&C apply

Bonus offer

200 Free Spins + 10% Cashback

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  • Loyalty Club
  • 24/7 Support
  • Hundreds of games
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Bitcasino's homepage

Min. Deposit

1 mBTC

Regulated by

Curacao

Founded

2014

Owner

Moon Technologies B.V.

Offer terms

18+ | New Player Only - T&C Apply

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Deposit methods

7

18+ | New Player Only - T&C Apply | T&C apply

Bonus offer

0.3 BTC Bonus

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  • 5000+ Games
  • Avatar Bonuses
  • Excellent Site Design
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Games offered by Bitcoincasino

Min. Deposit

€25

Regulated by

Curacao

Founded

2018

Owner

BitcoinCasino.io

Offer terms

18+ | New Player Only - T&C Apply

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Deposit methods

8

18+ | New Player Only - T&C Apply | T&C apply

Best Ethereum Casinos 2022

The best ethereum casinos available online and through mobile devices.

#1 Ethereum Casino - mBit

Mbit Casino is just one of many casinos that are jumping on the cryptocurrency trend, so if you want to play in crypto, especially Ethereum, then this is the place to be.

As the name suggests, they have made their mark in crypto focused casino play. All the games here can be bet on using Ethereum, so if that’s your crypto of choice then you’re in luck. All games here can be played with Ethereum as well as other cryptocurrencies.

As all payments are done through crypto, you’ll be able to pay safely and securely. As well as Ethereum, they accept Litecoin, Bitcoin, and regular currencies such as USD and EUR, too.

If you’re a new member, you can get up to 110% extra on your first deposit bonus, up to 12 ETH which is a great offer. Once you’re a member and you’re playing regularly, you can take advantage of lots of regular promos and deals too.

mBit's crypto currency support

mBit’s crypto currency support

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  • No dedicated mobile app

#2 Ethereum Casino - FortuneJack

Looking for somewhere new to play casino games with Ethereum? With more casinos popping up all the time, you’re in luck. Fortunejack Casino was set up in 2014 and now is one of the most well known names in crypto gaming.

As they’re one of the older casino sites on the market right now, they can bring a lot of experience to your gaming sessions. You’ll see that in the great site design and clear graphics, as they’ve been able to hone the site until it’s almost perfect. The only slight issue is with mobile gaming, as the mobile browser version of the site is great, but there’s no mobile app available.

All games can be bet on using Ethereum, great news for those that use it as their main cryptocurrency. The minimum deposit here is 6.37 ETH, and that will be enough to activate the site’s welcome offer. You can use other cryptocurrencies here too, such as Bitcoin, Litecoin, Dogecoin, and more.

Ethereum Gambling at ForrtuneJack

Ethereum Gambling at ForrtuneJack

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  • No mobile app available

#3 Ethereum Casino - Wild Tornado

With crypto getting more and more mainstream, you can use it for all kinds of payments. Crypto casinos are an example of how you can use it to have a good time online. Wild Tornado Casino was founded in 2017 and is one of the top casinos out there right now that allows you to play with Ethereum, so what makes it the best choice for you?

Their games are some of the best out there right now, with over 35 top developers providing them. You’ll be able to play any game on this site with Ethereum, so if that’s your crypto of choice then you’re in the right place.

There’s a great welcome offer, where you can get a 100% matched bonus of up to 0.50 ETH, as well as 100 free spins. There is a 40x wagering requirement on that bonus though, which is at the high end of the scale.

Of course, you’ll see they accept multiple cryptocurrencies too, such as Ethereum, Litecoin, Bitcoin, Dogecoin, and more.

Wild Tornado's Casino Selection

Wild Tornado’s Casino Selection

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  • High wagering requirement on welcome bonus

#4 Ethereum Casino - CloudBet

Are you looking for a good quality Ethereum casino? Cloudbet Casino may have taken your eye, as it’s one of the most established crypto casinos on the market right now. What makes it the one that you should choose?

The most important thing to know is the currencies that they accept. The main crypto here is Ethereum, so it’s easy to get signed up and playing. They do accept other cryptocurrencies too, such as Bitcoin, Bitcoin Cash, and Dogecoin to name a few.

The games are excellent too, from some of the best providers out there. You can find a huge amount of games, including slots and table games, as well as jackpot games. All games accept Ethereum as a payment method, so everything is available to you to enjoy.

As for rewards, there’s lots here for you. There’s a generous welcome offer and regular promotions, so there’s always something happening here. They will ensure you get some Ethereum back as bonus cash to play with on the site.

Ethereum gambling at Cloudbet

Ethereum gambling at Cloudbet

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  • No exclusive games

#5 Ethereum Casino - Rocketpot

There’s been a huge amount of crypto casinos that have come online in the last few years, and Rocketpot Casino is just one of them. What makes them the best site to choose if you want to play with Ethereum in particular?

They’re one of the newer sites on the market having been launched in 2019, but they still have a great range of games for you. Being newer, they’re ready for those that want to play using crypto. Every game here can be enjoyed using Ethereum, so it’s a great site for ETH users.

The site does accept other cryptocurrencies if you Bitcoin, Dogecoin, Litecoin, and more. They also accept fiat options too, so you have lots of choice when it comes to your transactions.

You’ll be able to take advantage of lots of rewards as a member, such as their welcome offer and the regular promos they run. They’ll give you bonus Ethereum that you can use to play here, so it’s worth coming back regularly.

Get an Ethereum bonus at Rocketpot

Get an Ethereum bonus at Rocketpot

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  • No VIP club

#6 Ethereum Casino - Casobet

Casobet Casino is one of the newer crypto casinos out there, having been launched in 2021. Is it the best place to go if you want to play Ethereum casino games?

There is a lot to recommend it. Firstly, they accept a good range of cryptocurrencies, so you can use one that suits you. Of course the main currency they use is Ethereum, and that can be used for all games here. They do also accept Bitcoin, Bitcoin Cash, Dogecoin, and many more besides. As there’s lots of options out there, there’s going to be one that suits you. Be aware that the minimum withdrawal will be different, depending on where you live though.

The welcome bonus here will give you up to 5.4 ETH, a massive amount of bonus cash spread over your first 10 deposits.

There’s tons of games that you can play here, so as a member you’ll be able to find lots of games that are to your tastes. They’re from some well respected providers in the business too, so you know you’re getting good games.

Casobet offer a great selection of games

Casobet offer a great selection of games

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  • Withdrawal limit is different depending on where you live

#7 Ethereum Casino - 1xBit

You have more choice than ever when it comes to Ethereum casinos. What is it that makes 1xBit Casino the one you should check out?

They have put together an excellent range of games, so there’s always going to be something that you can play and enjoy here. There’s hundreds of slots, as well as table and live games. There are crypto exclusive games too that you can only play with Ethereum, so you’ll want to check those out.

All games in fact are playable with Ethereum here, so if that’s your crypto of choice then you have lots of options. Be aware that they’re strictly a crypto casino only though, and you won’t be able to use fiat options on the site.

It’s also worth knowing that the site has excellent customer service, too. You can get in touch with them 24/7, through live chat, email and on site form should you ever need them.

1xBit's Casino

1xBit’s Casino

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  • No fiat payments accepted

#8 Ethereum Casino - Bets.io

Which Ethereum casino should you be signing up with? Bets.io Casino is a popular choice ever since it’s launch in 2021. What do they have that makes them the best option for you?

Even though they’re new, they have a huge range of games waiting for you. With so many games available, you’ll find plenty of titles that you love here. That includes Ethereum and crypto only titles that you can’t play with fiat options, so if you’re an Ethereum player this is the place to be.

Of course they accept a good range of cryptocurrencies, so you can use the one that suits you best. That includes top options like Ethereum and Bitcoin, among many others. They don’t have a fiat gateway though, so if you’re looking for a casino that can do both they won’t be for you.

If you haven’t already tried Bets.io Casino, you’ll want to sign up now. Claim their welcome offer and see just what they can give you as a member.

Bets.io accepted cryptocurrencies

Bets.io accepted cryptocurrencies

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  • No fiat payments accepted

#9 Ethereum Casino - BitCasino

There have been lots of crypto casinos that have come onto the scene lately, but BitCasino has been here for years and has a dedicated following. What makes them the best option?

The site was established all the way back in 2014, and because of this you can see that they’re well known and respected by the gaming community. As they’ve been around so long, they’ve ensured that they have the best Ethereum casino games that are on the market right now.

While most casino sites will offer bonus Ethereum to new players, that’s not something that you’ll get here. That’s quite unusual as welcome offers are so common across the casino industry, both on crypto and fiat sites alike.

Ethereum is the most commonly used cryptocurrency here, but you’ll see that you can use a whole range of them on the site if you so choose.

Out of all the crypto casinos out there, you’ll want to make sure that you’re giving BitCasino a try. They have a lot to offer anyone who wants to play using crypto.

Cryptocurrencies accepted by Bitcasino

Cryptocurrencies accepted by Bitcasino

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  • No welcome offers

#10 Ethereum Casino - BitcoinCasino

Crypto casinos are becoming more popular than ever, so if you want to try one out you’ll be looking at sites like BitcoinCasino. What makes them the best site to play at?

The games here are offered by both regular and crypto casino game providers, which gives you a lot of choice. You will see that you can use Ethereum to play all the games that are available here, so nothing will be off limits.

As well as Ethereum, you have the option to use different cryptocurrencies too. That includes Bitcoin, Dogecoin, and many more. You do also have the option to use fiat payment options too.

There’s a huge range of offers too, so if you want to get rewarded for gaming you’re in the right place. The welcome offer, for example, gives you up to 3.8 ETH in bonus cash to use on the site. That’s more than enough to get you started.

BitcoinCasino is one of the best crypto casinos out there right now. If that sounds like something you want to try, you’ll want to sign up right now.

Payments available at bitcoincasino.io

Payments available at bitcoincasino.io

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  • No VIP club

#11 Ethereum Casino - BitStarz

This Ethereum casino boasts over 3000 games in a beautiful and friendly user interface. BitStarz offers great benefits right off the bat, with various themes, game types, and features filtered by genre and developer. It features everything from the classics to the more cult-following games.

In addition to the variety already offered, it also features exclusively crypto-based games. Like any good online casino, it also has live dealers in place for real-time play. The first sign-up unlocks 180 free spins available for up to 7 days. The first deposit bonus is also 100% matched with 40x wagering.

It features over 47 game developers, with constant live, email, and social media customer support. Deposit and withdrawal are quick and easy, and the casino promises security. Players can also set their own daily, weekly and monthly gambling limits as they wish. Each game also features a provability button to determine provable fairness.

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  • Deposit fees charged on each deposit
  • No Fiat accepted

#12 Ethereum Casino - BetCoin

As a full-service crypto casino, BetCoin boasts many games and the promise of fast and efficient transactions. Featuring a casino and sportsbook, it offers players frequent tournaments that tend to draw traffic for good reason, with a 100% welcome bonus. What it lacks in an interface, it makes up for in offering seemingly everything a player could want.

While the range is impressive and alluring, a few of these games lack the Fairplay tag, which might make a few players wary. The range of games features exclusive BetSoft slot games, 3D games, live dealers, and progressive jackpot games.

The casino features attractive 3D animation, with over 1000 games from 20 developers. These are paired with the much-favoured BlackJack, Roulette, and Baccarat. The Sportsbook is entirely crypto-based, with single-click confirmation.

Completing all three stages of the welcome package unlocks more promotions and free spins. Players can also build up credits with deposits and earn other bonuses.

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  • No Fiat-based features or games
  • Some games have questionable fair play certification

#13 Ethereum Casino - BetDice

Licensed by Curacao, BitDice has been around since 2014, and has established itself within the online gambling industry. It’s not known for running promotions, which are much fewer than other casinos, but it offers a much higher welcome bonus, up to 100%.

In addition, signing up gives 100 free spins, with a 25x lower-than-average wager. With a great user interface for computer and mobile phone users, it places no limits on withdrawal. The site also boasts low latency, instant payouts, and fast betting speeds.

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  • Unreliable Live Chat feature with long wait times
  • Not directly licensed for UK/US players

#14 Ethereum Casino - DuckDice

With a slightly different experience, DuckDice offers only a single game, but has created a significant reputation for itself. This game allows players to roll a dice to earn potential profits. It offers a round-the-clock support service and features Dice, Jackpot, and Lottery games.

The game also offers a Demo mode, which allows players to practice with a fake balance until they get the hang of the game. It features four eggs, which form a four-digit combination, with players betting whether the numbers will go higher or lower. Players can decide the risk and win probability per win.

The game boasts fast credits and withdrawals, allowing players to get to the game instantly. Betting also comes in three modes, the traditional manual betting style, the automated style based on player settings, and flash betting, with thousands of bets placed in a matter of seconds.

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  • No game variety
  • Minimum welcome bonus or faucet
  • 6 months of inactivity can lead to account shutdown

#15 Ethereum Casino - Betway

Established in 2006, BetWay offers up to a £50 welcome bonus upon registration, with a 100% match bonus on the first deposit, and 50x wagering. It features all the usual games, along with some exclusive experiences as well, such as the Prize Wheel offering free bets and cash rewards. The variety extends to several sports as well as table games.

It offers over 400 provably fair casino games, with a 3 million maximum jackpot and a live casino. Withdrawals and deposits are boasted to be quickly and efficiently processed. Bonuses, promotions, and special offers also feature real money payouts and loyalty club privileges.

The poker section offers daily tournaments, while the sportsbook features everything from football and horse racing to esports and darts. The jackpots are progressive, increasing the win and payout potential exponentially. All bonuses have a minimum wagering requirement to be met.

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  • Welcome bonus is more accessible to slot players
  • Comprehensive requirements to acquire bonus
  • Welcome bonus is limited to £50 deposit

#16 Ethereum Casino - CryptoGames

Another leader in Ethereum casinos, CryptoGames is entirely cryptocurrency based, with provable fair, wide-ranging games. It boasts quick and easy withdrawals, with progressive jackpots and VIP membership offering additional bonuses and features. The games range from dice, roulette, and video poker to slots and Plinko.

The site offers a faucet for free funds and remains focused on the classic games. With internal CoinSwitch, you can convert the available currency to Ethereum on-site. House edge is low, and currency is stored in cold wallets for added security, moving to the hot wallet only with imminent withdrawal requests.

The game selection is limited, which may be just what some players need to avoid being overwhelmed by the more-the-merrier sites. A monthly wagering contest is a highlight on this site, starting on the 1st of every month until the very last day, with positions earned by playing games, with rewards based on the currency used by the player.

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  • Extremely limited number of common games
  • User interface lacks ingenuity

#17 Ethereum Casino - Tsars

The first thing that pops out about Tsars Casino are the two major deposit bonuses offered. The standard welcome bonus matches the deposit 100%, and the additional bonus offers 200 free spins. There are also daily rewards, weekly free reloads, superspins, cashback, and a mystery bonus every Wednesday. Provably fair games with 30x wagering make it a particularly good Ethereum casino choice. In addition to the usual games, the casino offers 3000+ games with a live casino.

Slots, tables, and casino games are all available, featuring from the more classic to the more rustic. There are always some new bonuses cooking up every now and then, ranging from the middle of the week to weekend bonuses. The Live Game Show adds another special touch to the casino.

With over 200 games, the casino offers stunning visuals, a hallmark of the player experience here. The withdrawal process is lightning fast, and customer service is reported to be reliable.

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  • Deposit-based conditions apply on daily rewards
  • Rewards are not accessible to every player
  • Conditions and requirements can be unattractive

#18 Ethereum Casino - WildCoins

Like other Ethereum casinos, WildCoins Casino offers deposit bonuses with free spins. The fun doesn’t end there, as it offers weekend reloads, cashback, and a loyalty program. Comp points are earned by playing slots or games, which in turn are traded for loyalty points. These further unlock additional bonuses and rewards.

Hundreds of games are available featuring jackpots, slots, and a test drive version as well. The live casino offers its own thrill, and then there is the Quest that players can join to hunt for coins that are traded for rewards. Tournaments are also arranged with major payouts.

Deposits and withdrawals are instant and hassle-free, with additional crypto bonuses. Wild offers are also available, leading to great payouts should you win. Bonuses are not subject to many conditions, which make them easily available

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  • Welcome bonus requires an initial deposit
  • No support for Fiat

#19 Ethereum Casino - Stake

Founded in 2017, Stake Casino offers a nice welcome bonus, with free spins for loyal members, along with free bets and regular races. The Daily Races offer a place with every bet and wager, so playing more is your best bet. There is also a significant prize giveaway, multipliers, and daily promotions in the form of challenges, and beating, which lead to rewards.

The VIP program rewards players with the most frequent and highest bets and wagers. It includes a dedicated VIP host with monthly and daily rewards, cashback, and more. While the game selection is comparatively small, it is offered in a unique and attractive fashion. Games are largely divided into casinos and sports.

It houses over 1000 slots, with over 200 games. The live casino also hosts over 40 games. The selection is also continuously improved and updated. Some exclusive games titled the “Stake Originals” are available, ranging from Dice to card games. There are no withdrawal limits, but players can set their own minimum and maximum limits for safe gameplay.

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  • Comparatively low classic games collection
  • Unreliable customer support

#20 Ethereum Casino - Sportsbet

With a greater focus on sportsbooks than casinos, Sportsbet offers a range of sports betting options, virtual sports, and arcade games, as well as live betting. The casino games feature all the fan favourites, from BlackJack to Roulette, Poker, and Baccarat. The live games include BlackJack, Baccarat, Hold ‘em, and Roulette.

Along with the more famous games are the lesser-known titles, with new and fresh ones added frequently. The free bets, raffles, and exciting tournaments are more focused on sports betting, so casino players might not find this one too attractive. Sportsbet is also a little short on bonuses, as there is no welcome or deposit bonus and no loyalty scheme.

The support team seems reliably available whenever a player needs them, which is a significant plus. The clubhouse also offers exclusive membership, only for crypto players, with extra features. Most of these feature a maximum winning setup with an all-or-nothing vibe.

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  • No real bonuses or promotion on casino games
  • Not many features outside of sports betting

Introduction

The crypto market continues to grow rapidly, and while casinos want to offer the option of digital currency, they want to stick to the ones with the greatest reliability. One such currency is Ethereum (ether), which has successfully infiltrated the gambling industry. It affords what players value most: anonymity. Cryptocurrencies do not require personal information, reducing the chances of this information being leaked or lost.

Ethereum was launched in 2015, following the emergence of Bitcoin. While it initially faced several technical challenges, it has successfully developed into the world’s second-largest digital currency. The launch of Ethereum 2.0 offers an even better experience, including, but not limited to, improved anonymity. Ethereum in the gambling industry has been a game-changer for many players.

What are Ethereum casinos?

Ethereum casinos feature all those online casinos that accept Ethereum. There is no great difference between these and traditional casinos; they offer the same kind of games and the same method of playing. The only difference is that they will accept Ethereum for deposits, withdrawals, and gambling.

Ethereum is based on a blockchain, which operates as a decentralised network. Not only does it ensure the validity and integrity of transactions, but it also allows digital currencies to operate independent of centralised authorities like a bank.

Features of Ethereum include:

  • Acting as a currency, allowing anonymous transactions, and which can be stored in a secure digital wallet
  • Decentralised apps and sites, which allow users to play games and send and receive money
  • Financing, reducing government control and oversight over the money
  • Smart contracts, which operate on the Ethereum blockchain, with predefined functions like a traditional contract, that are executed automatically once the conditions are met

Advantages of an Ethereum Casino

An Ethereum casino can offer many advantages over traditional gambling and even other digital assets.

Faster and cheaper ●      Cryptocurrencies are generally considered much faster than traditional currencies and banking systems. Gambling requires a continued pace which can be interrupted with traditional banking, which can take days to be verified before you can continue.

●      Being a digital asset, cryptos like Ethereum operate in real-time and can substantially reduce the waiting period to a few minutes. Ethereum is also known to be faster than Bitcoin due to its scaling issues.

●      The payout process is much faster, making players’ winnings accessible quickly. Due to lower Gas fees on Ethereum, it can also end up being cheaper than Bitcoin. Traditional banking charges additional transactional fees, which make it quite expensive

Security and Anonymity ●      Anonymity is a major driving force behind the success of crypto. A traditional online casino would require substantial personal information to verify a player. This information, stored on third-party servers, is at a greater risk of being stolen by hackers and misused.

●      With Ethereum, no personal or private information is required. Sign-up is a much simpler process involving only a username that connects with your digital wallet containing the Ether to carry out transactions. The anonymity protects from possible security breaches, allowing low-risk gambling

Casino bonuses and offers ●      Many casinos advertise special bonuses and offers on Ethereum use. While this does not apply to every online casino, checking out and potentially increasing payouts is worthwhile. These casinos also include special-offer games not available without Ethereum.

●      The bonuses may also be offered in the form of zero Gas fees or other transactional charges. Again, not every casino offers these benefits, so do your research.

Potential for larger payouts ●      Some may see the higher volatility of Ethereum as a risk that can turn them away from its use. While crypto is generally more volatile, and Ethereum slightly more so than Bitcoin, this can be a major advantage to players looking for bigger payouts.

●      Keeping up to date with Ethereum highs and lows and withdrawing at the right time can dramatically increase the payout. Ethereum acts as a valuable investment and, when done right, is a financial advantage.

Smart Contracts ●      Ethereum’s smart contracts offer various advantages in casinos. In addition to allowing faster transactions, they offer fair play and a more secure experience. The smart contracts feature also allows other games to be developed and offered by casinos to Ethereum users. Smart contracts are exclusive to Ethereum, and therefore their benefits are only available to Ethereum users.

How to buy Ethereum

Cryptocurrency Exchange

Features Explanation
Decentralized cryptocurrency Cannot be bought or sold through a bank. It requires going through a cryptocurrency exchange that handles crypto transactions. Before you begin investing in it, you should check the exchange rates
Volatile currency Much like any other cryptocurrency, the price of Ethereum fluctuates constantly. However, one of the reasons for its popularity is that it has been locked in a constant increase, with very few lows, and so is considered incredibly valuable. When keeping an eye on the price, you should also focus on external factors, like media attention, that can cause sudden and unprecedented fluctuations in crypto prices.
 

Cryptocurrency Exchanges

Coinbase and BitPanda, range from easy-to-use platforms for beginners and casual investors to complicated dashboards for veteran traders. As a popular cryptocurrency, it is easily bought on most platforms, though it is better to stick to the more popular ones. Remember that each platform also comes with various security measures and fees, so shopping around is also a good idea

Sign Up

Cryptocurrency offers anonymity, but the process of buying it does not. When signing up with an exchange, you will likely have to provide various personal information, following which you will need to link your bank account with your crypto exchange account. This process is called funding your account, and you can only begin purchasing once you have done so.

The next part is much like any other transaction. Use your currency to trade for Ether, and the amount you get will depend on the current exchange rate. Again, it’s best to look up the exchange rate and understand how much you will be spending and what you will receive before the transaction.

Store your ether

If you only intend to buy a small amount of crypto, you can keep it in your exchange account. However, it is easier to maintain any cryptocurrency, such as Ether, in a digital wallet. Digital wallets offer more security and total anonymity when using Ethereum in casinos or other purposes.  Different types of digital wallets offer different amounts of security:

Web-based wallets

These are online wallets hosted by the cryptocurrency exchange where you buy your Ethereum. They are secured using a security key that enables access to the wallet. The wallet is completely web-based and connected to the internet.

Many traders, especially those that deal with larger amounts of crypto, consider this a comparatively unsafe option since your finances will be exposed in the event of a cyber attack on the exchange. But this is also considered the fastest and simplest option.

 

Security Fast Transactions Huge Amounts Offline function
Web-based Wallets No Yes Yes No
Mobile Wallets Yes Yes Yes Yes
Desktop Wallets Yes Yes Yes Yes
Hardware Wallets No Yes Yes Yes

Mobile wallets

Mobile wallets operate on smartphones or tablets, where you may often be responsible for managing the security key to your wallet. Many mobile wallets can be directly linked to the exchange, providing hot storage for your Ethereum.

Other mobile wallets can offer cold storage with offline options. Since offline wallets cannot be virtually attacked, this option is considered to add another layer of security. Ethereum is not actually stored on your wallet but on the blockchain. The wallet simply allows the use of the private key to access the blockchain for your Ether.

Desktop wallets

Desktop wallets are specifically designed for PC users in the form of downloadable software. Most of these wallets come with cold storage options that add a layer of security. Just like mobile wallets, they give the user control over their private keys and funds, though that also means the user alone is responsible for the safety of the key.

They are considered more secure than web-based wallets since they are not connected to the wider crypto exchange network, which is more susceptible to attacks. While hot wallets are easy to use, cold wallets are more secure, and desktop wallets offer both of these options.

Hardware wallets

Hardware wallets, as the name suggests, are stored offline on an actual piece of hardware. They can be accessed by connecting to a computer through a USB port, which is the only time they go hot. The rest of the time in storage is completely cold, offering the best security in terms of potential cyber-attacks.

The obvious disadvantage here is that, as a piece of hardware, it can be misplaced, lost, or stolen. You would need to keep track of the wallet, preferably keeping it in a set and secure location when not being used.

What makes Ethereum better?

Ethereum is currently the world’s second-largest cryptocurrency, not the first- so why should players go for Ethereum casinos when other cryptocurrencies are available? Whether one is better than the other is a very subjective position, and many players would rank Ethereum against other cryptocurrencies for gambling based on their personal experiences, preferences, and the laws and policies of their region.

That said, a sufficient comparison of the merits of the cryptocurrency can reveal certain benefits it offers over the original and market leader crypto, Bitcoin. These factors may make Ethereum a more desirable choice.

 

Ethereum Bitcoin
Lacks the fame and therefore trustworthiness that Bitcoin has garnered with the general public Original cryptocurrency, very popular and well known
Based on the Bitcoin concept that improved on its mistakes As the first of its kind, suffered from many technical and scaling issues
659,051 blockchain transactions per day 219,345 blockchain transactions per day
Proof of stake mining, implementing randomly chosen validators to ensure reliability Proof of work mining, encouraging competition between miners to earn rewards
Some amount of Gas (Ether) is required for each transaction Transaction fees are optional
Takes about 12-15 seconds to complete a transaction in Ethereum Takes about 10 minutes to complete a transaction in Bitcoin
Better suited to smart contracts and distributed applications Better suited to peer-to-peer transactions
30 transactions per second 7 transactions per second
Rising price and volatility can offer higher investment and gambling value Does not offer the same kind of cashout value

Whether the above listed factors make one cryptocurrency better than the other or not simply depends on the purpose for which they are to be used. What appears a benefit in one situation may not appear so in another. As far as Ethereum casinos go, they are likely better suited even to the average player due to the fast transaction and smart contracts capability that reduce players’ chances of defaulting on bets.

What to look out for in Ethereum Casinos

Online casinos, much like any other platform, come in all shapes and sizes, and not all of them are suited for everyone. An Ethereum casino operates much like any other casino, so check off a few boxes before the betting begins.

Currency Accetance

Not all online casinos deal exclusively in cryptocurrency. Not only should you check whether they accept crypto for deposits, betting, and withdrawals, but also whether they accept Ethereum as one of those currencies. Some casinos are known for dealing exclusively with one cryptocurrency.

Ethereum bonuses

This may not be a specific requirement for all players, but it does sweeten the deal. Many casinos offer deposit bonuses and rewards, which can vary depending on your currency. Some of the best Ethereum casinos offer some of the greatest initial rewards and play promotions.

Ethereum deposits

Although it is possible to buy Ethereum directly from the casino site, it is recommended to buy the Ether independently. That should give a better sense of the exchange rate and the fluctuating nature of the currency and helps better prepare for investing in Ethereum.

Exchange Rate

As many players consider cryptocurrency like Ethereum an investment. It is advisable to stay informed on the exchange rate even when playing. As a volatile currency, it has the potential to increase payouts exponentially.

Ethereum Casinos Deposits

Many, though not all, Ethereum casinos have a minimum deposit limit. This means that players must deposit at least that much amount to their casino accounts to begin betting. If you try to deposit any amount any less than, it is likely that you will not only be unable to bet with it but will also lose the deposit since the first initial deposit must equal or exceed the minimum amount. This amount also unlocks deposits and welcome bonuses on many of these Ethereum casino sites.

Casino Deposit Minimum (ETH)
bet365 .00081
BetCoin .0014
BitDice Casino .0014
DuckDice Casino .0033
bitStarz .0014
BetWay .00081
CryptoGames .01
Tsars Casino .00068
WildCoins Casino .0014
Stake Casino .00067
Sportsbet Casino .00067

These casinos, what they offer and their pros and cons to players are discussed in further detail above.

How to Gamble with Ethereum

As a cryptocurrency, Ethereum owes its success to its ease of use. Ethereum casinos tend to attract many players for this exact reason, as even in the crypto world, Ethereum has some decided benefits over Bitcoin. Your choice of casino shouldn’t solely be based on their use of Ethereum, but once you have one you’re willing to call home, it’s time to get started.

To begin, head on over to the casino website, such as the BetCoin Casino, here. Click on the “Sign Up” button to register for an account with the casino.

BetCoin Homepage

BetCoin Homepage

This will take you to the sign-up page, which simply requires a unique username that will identify you among other players on the site, a corresponding email address associated with your casino account, and a password. Make sure to keep a secure password consisting of letters, numbers, and special characters.

BetCoin signup page

BetCoin signup page

The sign-up page also shows the reward you will get simply for registering.

Once you have registered, you will be redirected to your account page on the casino website.

BetCoin account page

BetCoin account page

The settings tab shows the username and email address associated with the account. Please note that it is impossible to change this information once registered, so be careful in choosing your username and spelling out your email address to avoid any issues.

Once you have registered, on the right side of the screen, you automatically become signed in to the live chat with other players on the site. This can be a helpful forum to seek any help or questions you may have regarding Ethereum casinos or about that particular site. You can choose to have the chat panel display openly at all times or remain closed through settings:

Choosing chat or not

Choosing chat or not

You should immediately check the security and privacy settings, which let you take additional security measures for your account. These include two-factor authentication and hiding your username.

BetCoin security and privacy

BetCoin security and privacy

Enabling these settings can add a layer of security to your account, but remember, as the page warns, you will not be eligible for many bonuses if you choose to hide your activity.

Once all other account settings have been configured, head over to the “Wallet” section on the tab.

Choosing Ethereum as your currency

Choosing Ethereum as your currency

Once there, click on “Primary Account.” From the drop-down menu that opens, select Ethereum (ETH) as your primary transactional currency.

Currency at BetCoin

Currency at BetCoin

If you are converting some other currency to Ethereum, select “Conversion Currency” and choose the correct one from the drop-down menu:

Once this is done, click on the “Save” button to ensure all changes are brought into effect, before doing anything else

Currency settings

Currency settings

Now, from the overhead taskbar, click on “Wallet”:

Choosing your BetCoin wallet

Choosing your BetCoin wallet

This will open up your Deposit page, with all details of your deposit balance and all previous or present deposits from your account listed on the page:

Depositing Ethereum at BetCoin

Depositing Ethereum at BetCoin

The page also features a QR code, which is to simply make the process of depositing Ethereum simpler and faster for the player. There is also an alphanumeric key that can be copied to carry out the transaction. You will then need to open up your crypto wallet.

From there, you can either scan the QR code, or you can simply copy and paste the alphanumeric key, which is the text wallet address where the Ether is headed. Then enter the quantity you want deposited to your casino account. Bear in mind the minimum deposit requirement of the site, which is at least what you should be entering. Confirm the transfer from your wallet, and you will have the Ethereum deposited in your casino account within a matter of minutes.

Alternatively, when you are ready to withdraw some winnings from your casino account, head to the withdraw tab on the top taskbar.

Withdrawing your winnings at BetCoin

Withdrawing your winnings at BetCoin

This is the page that will open up:

Selecting Ethereum amount

Selecting Ethereum amount

Simply enter the text wallet address, along with the amount you would like to withdraw from the casino account into your wallet. Hit “Submit” and wait for the transaction to process before the Ethereum lands back in your wallet.

If you don’t have any Ethereum, to begin with, you can also buy some directly from the casino site. Click either on the “Buy Crypto” on the taskbar, or the Buy tab on the right side of your screen:

Buying ethereum

Buying ethereum

This will open the Buy Crypto page, where you can set your standard currency with which to buy Ethereum:

Choosing a currency to buy ethereum with

Choosing a currency to buy ethereum with

You can complete the crypto-buying process here by logging into or creating a MoonPay Account, or you can buy your Ethereum outside of the casino site.

Using MoonPay to purchase Ethereum

Using MoonPay to purchase Ethereum

Once you have your Ethereum deposited, you’re ready to play.

Now you can head over to the casino, and choose any game you might want to play.

Once you have selected a game, you can start placing bets in your chosen currency, which is applicable to all games available on the casino site, unless there are specific limitations or exclusive games available to Ethereum users.

Selecting where to spend your Ethereum

Selecting where to spend your Ethereum

Hit on the “Pay In” or similar tab to confirm your bet.

Conclusion

Ethereum casinos range in what they offer to the player and what the player can bring to the table. There isn’t one casino that is the best in every respect, so players may choose their casino based on a range of personal factors. Regardless, Ethereum offers a quick, smooth and reliable gambling system that assures anonymity and security.

Ethereum is a leading cryptocurrency, and with its smart contracts feature, is the future of online gambling. Its rising success and popularity only confirm the role it can play in the online casino market, making the process fun, easy, and even profitable.

About the author

James Patterson

Editor

James Patterson

Editor

James Patterson studied computer science in the Unveristy of Colorado before taking an interest in cryptocurrencies. For years James has worked with various online casinos on their tech implentation and is considered an expert in the field of crypto payments.