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The best online casinos
What is Ethereum?
Ethereum is an innovative and unique payment service that can guarantee you quick deposits/withdrawals and assures you of their safeness. As one of the most trustful and respectful cryptocurrencies, Ethereum makes everything possible to provide you with the best and convenient services.
Ethereum is a decentralized payment platform based on blockchain technology. It also has its own crypto coin of the same name or Ether. Starting its rise in 2011, this cryptocurrency has begun to compete with Bitcoin. Nowadays, Ethereum obtains the high status and trust of millions of people worldwide because of its simplicity and intelligent approach to making all kinds of financial transactions.
Ethereum Payments are Smart and Super Fast
Many payment methods based on the influence of cryptocurrencies focus their attention on two factors, namely, an incredible speed of processing transactions and security measures.
But Ethereum really wants to outstand in the environment of similarity, where the essential difference between crypto payment methods lies in time and protection measures. Therefore, it can boast an innovative and unique proposal – to conduct a smart contract between you and an online casino. This smart contract is a kind of agreement that ensures both sides in fulfilment of the determined terms and conditions.
Of course, Ethereum does not forget about an instant payment opportunity and the implementation of security measures to provide casino players with convenient and competitive payment services. All the transactions, whether it is a deposit or withdrawal, are processing instantly. And the applied blockchain technology serves as a guaranty of your money safeness. Moreover, do not forget that your confidentiality is above, and all transactions are anonymous.
With all these aspects in mind, this payment method is rather a good choice, especially when you are dealing with online gambling platforms. It has everything you need, including a possibility to conduct the smart contract, which increases the level of your money protection.
How to Get Started Gambling with Ethereum?
The only way to get started on your gambling journey using Ethereum (ETH) is to purchase ETH tokens. To do this, it is necessary to find a cryptocurrency wallet where the token will be held, give your financial details, and buy ETH coins. And only then, you need to find a gambling platform that can offer Ethereum as one of the payment methods.
If you do not know where to start gambling, you can check our ranking list of the best Ethereum online casinos and read reviews according to them and their reliability. It will help you save a lot of time and find a gambling place where you can truly enjoy gambling activity and win real money. Moreover, Ethereum casinos provide their customers with unique bonus propositions and additional perks.
How to Fund My Ethereum Casino Account?
Before you are going to make a deposit to your online casino account, it is necessary to be sure that your Ethereum wallet is charged. This information can be checked in your private Ethereum wallet profile in the Balance section.
If you have sufficient funds to make your deposit, then you need to go to an online casino, sign in, and open a tab with a headline of Deposit. After this step, you will see a list of accessible payment services that you can use to charge your casino account. Pick Ethereum and follow the instruction. Usually, the instruction includes a provision of some data related to your Ethereum wallet, like its address and the desired amount of money you want to add to your casino balance. After the successful confirmation and approval of your deposit, you will be able to play real online casino games for real money and make crazy wins!
How to Withdraw My Winnings Using Ethereum?
In the case of enormous success and smashing casino games, there is always a necessity to withdraw the prize and monetize it to your Ethereum wallet. The withdrawal process is mega simple, and even a child can figure it out.
As with depositing, you need to find a section of Withdrawal, look for Ethereum there and click on it. After this action, the gambling platform will ask you to provide some data, including withdrawal amount, Ethereum wallet address, and confirm the transaction.
Without any doubt, the money comes to your wallet unimaginably quickly. And because of the smart contracts that Ethereum practices, you will get your well-deserved winnings for sure.
The Best Canadian Online Casinos That Accept Ethereum
The cryptocurrency in Canada is legal, so there are plenty of online gambling establishments that accept Ethereum as one of the payment methods. You can only deposit your financial funds in some casinos, and the rest of them provide you with both deposits and withdrawals.
Our GamblerKey team prepared for you a list, which you can check out and pick an online casino from there that fits you best. Moreover, you can read casino reviews and compare the gambling platforms with each other.
Advantages of Using Ethereum | Disadvantages of Using Ethereum |
---|---|
All transactions are anonymous | Not many online casinos accept Ethereum |
Almost instant payments | Volatile price of Ethereum |
No extra fees | |
Security and simplicity | |
Smart contracts |
Frequently asked questions
What is an Ethereum online casino?
In essence, an Ethereum online casino is a gambling platform that provides its customers with an opportunity to use Ethereum in terms of payments, whether you want to deposit your casino account or cash out the won money.
Is it legal to gamble at Ethereum online casinos?
It is a tricky question because it depends on your current location, a place where you are actually living. For Canadian residents, all Ethereum casinos are legal due to one simple reason – the legitimacy of the cryptocurrency. So, you can easily access one of the Ethereum casinos and play there without any doubt of breaking the law.
Will I get a casino bonus after depositing via Ethereum?
Most crypto casinos welcome their players with mega lucrative bonus deals when they charge their casino balances with the help of Ethereum. All starting bonuses are even more beneficial compared to welcome bonuses while using traditional payment methods, like Visa or Mastercard.
Do all online casinos accept Ethereum?
The answer is no. Most online gambling establishments cannot offer you payments with the use of Ethereum. But almost all crypto casinos provide you with such an opportunity.