The internet’s growth led to new forms of online gambling sites – crypto casinos. Before now, Bitcoin was the only virtual currency in the market. However, Bitcoin’s success birthed other currencies like it, one of them being Ethereum.
Canadian punters have a plethora of options when it comes to choosing an online gambling site that accepts Ethereum. These platforms have several goodies for players to enjoy, but there are still many nuances to these casinos. Here, we explore all you should know about using Ethereum in an online gambling platform.
What is an Ethereum Casino?
An Ethereum online casino allows players to deposit and cash out wins with Ethereum. The digital currency is the second largest cryptocurrency, with Bitcoin being the first. Its popularity has also made it one of the most widely accepted crypto payments on online betting platforms.
Although several sites exist, players should settle for an online casino with the best offerings. In other words, you should have access to an extensive game selection and generous bonuses. These sites should also have good customer support ready to attend to players round the clock.
With the rise of mobile betting, online casinos now have a mobile platform that players can access from their smartphones. A mobile application might be available, depending on the site.
Games at Ethereum Casinos
Ethereum casinos provide a decent selection of games for your enjoyment. The following are the popular game types available on these online gambling platforms:
Slots
Slots have been the staple in online casinos for a long time, and that doesn’t seem to be changing anytime soon. The best sites that accept Ethereum have several titles supplied by industry-leading software developers. You’d find titles with several themes from developers like NetEnt, Pragmatic Play, Microgaming, Yggdrasil, and Playtech.
Blackjack
One popular and common casino table game is blackjack. It is available in several variations at the best online casinos, but the basic rules usually remain the same. All need to do is beat the dealer without having a card value over 21.
Roulette
Roulette is undoubtedly a popular and simple table game on most gambling sites. The game has several betting options, and your winning depends on the outcome of a roulette wheel’s spin. You’d find many variations on online gambling sites from different providers.
Baccarat
Baccarat is a simple game where players place bets on one of three outcomes. After each betting round, players whose wagers won receive payouts. You can place another bet on the banker, the player, or a tie if you lose.
Poker
Poker is an exciting game that combines luck and skill. Several popular titles like Deuces Wild and Jacks or Better are available on almost all Ethereum gambling sites. Despite being simple to play, brushing up your skills with free versions is best before wagering real cash.
Specialty Games
Specialty games include scratch cards like Keno and Bingo, and also games like Craps. These titles are not as many as standard table games, but the best casinos have enough options for Canadians. They are pretty simple to play, making them good choices even for newbies.
Live Dealer Games
Unlike the regular table games, live dealer titles are played with a real dealer at an actual table and in real-time. Players can choose from several titles, including variations of classics like baccarat, roulette, and blackjack.
Bonuses at Online Casinos that Accept Ethereum
You can claim some juicy bonuses if you register to play for real money at casinos that accept Ethereum. These offers come in different forms and sizes and vary from one online gambling site to another. Below are promotions that are available on these platforms.
- Welcome Offers: these bonuses are the most common in online casinos and are gifted to only new players. Welcome offers differ from one site to another, so don’t expect the same thing from two different casinos.
- No Deposit Bonuses: Most promotions require you to deposit before claiming a reward. On the other hand, you can claim these promotions without a financial commitment to the platform.
- Free Spins: With these offers, Canadians can play specific slots for free. These bonus spins could be a welcome offer or a part of another promotion.
- Weekly and Weekend Reload: Reload bonuses are offers you can claim after playing through your welcome bonus. They could be available on some days of the week or during the weekend.
- VIP Bonuses: These rewards are exclusive to VIP members of the casino. If the platform has different VIP levels, the bonuses you get for each level differ.
Depositing and Withdrawing at Online Casinos Accepting Ethereum
Ethereum deposits and withdrawals are straightforward. However, before using digital currency for transactions, you must buy it from an exchange. The following explains how to fund your account and cash out at Ethereum online casinos.
How to Deposit with Ethereum
First, get a trusted wallet like Coinbase or Binance to hold your virtual assets. Next, you must purchase some ETH from a reliable exchange. To buy Ethereum, you pay with fiat currency while the exchange sends the virtual money to your wallet.
Afterward, select an online casino that accepts this payment alternative and register. Registration should only take a few minutes. Once you’re done, you can follow these steps to fund your account with ETH.
- Log in and navigate to the cashier
- Select Ethereum as your payment option
- The casino would reveal a crypto wallet address
- Copy the address
- Open your ETH wallet and find the SEND option
- Paste the site’s address and confirm the payment
- Funds should reflect in your account instantly
- You can now play top casino slots and other games at the casino
How to Withdraw with Ethereum
Withdrawals are also easy, and all you need is to follow these few steps:
- Head to the cashier and select the option to withdraw
- Choose Ethereum and your preferred option
- Paste your wallet address in the field provided and submit the request
- These withdrawals might take a few hours, but you get your payments promptly
Are Ethereum Online Casinos Safe?
Ethereum online casinos are safe because players don’t reveal sensitive financial information to the gambling site. With your wallet address, you can cash out your winnings just as quickly as you put money in.
However, ensure that regulatory gambling authorities regulate the platform before you sign up. Simply put, the online casino should have a license. There should also be clear terms and conditions and other security protocols that protect the platform’s data.
Pros and Cons of Playing at Ethereum Online Casinos
Pros
- You enjoy financial privacy as you only need a wallet address for payments
- There are lower fees for these transactions
- Deposits and withdrawals are faster
Cons
- The price of Ethereum is volatile
- Not all games can be played with ETH
Conclusion
We have provided better information on Ethereum online casinos and what they offer. Now, you know what to search for in these casinos and how to use Ethereum for transactions.
