Ethereum casinos

Comprehensive Review on Ethereum as a Payment Method Online Casinos

Ethereum casinos

The introduction of Ethereum casinos is now on the rise and you can make use of it for quick deposit and withdrawal.

Just like Bitcoin, it makes use of the Blockchain technology and it ensures the provision of safe and anonymous way to carry out your transaction

The Ethereum can be used by the players because it is easy to use, the deposit method is safe and the fees are better compare to some other ones

As time goes by, the online casino sites are currently adding Ethereum as part of their preferred methods of payment. There are many advantages that players can derive from this method compare to some other ones

Complete Guide

There are differences between and similarities between the Ethereum and Bitcoin, although they can both operate on the blockchain

Compare to some other online casino, we will explain how you can make use of the ETH and some other virtual currencies. The payment is very fast compared to web wallets, bank transfers, and credit cards. One other thing that they do is the protection of your identity

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How to Choose an Online Casino that recognizes Ethereum

Ethereum casinos Of course, the online casino cannot be considered the same. There are variations in the withdrawal and deposit limits, so it’s always important to make proper findings before you select a particular casino. If you want to select a particular casino, there are some factors that you will have to consider. The factors you are to consider are well explained below

Deposit Limits

You need to check out the minimum and maximum limit placed on a particular casino. The normal minimum deposit is $10 to $20, and the maximum can be placed on $10,000

Withdrawal Limits

The minimum withdrawal is placed at $50 – $100, and the maximum is placed at $2,000 to $100,000. The amount you can withdraw weekly is $5,000 and $10,000

Game Selection

It is important to check the collection of games which includes table games, live dealer, video slots, specialty games, Scratch cards, Keno and video poker

Mobile Casino

Check if provision is made for a mobile casino such that you will be able to carry out a gameplay even on the go

Ethereum Wallets

You also need to figure out if the casino made provision for e-Wallet that can accommodate a virtual currency. The accounts are free, and there are proffered wallets to the site. An example is Coinami which recommends Coinami for its players

Support

The support service operates 24/7, and they are always ready to proffer solution to all the questions asked. You can reach out to the support service through email or the fax machine, but then one of the ways to which you can enjoy this is the live chat

Deposit Times

It takes a reasonable amount of time before you can transfer from your credit card, crypto wallet or bank to your casino account. In most cases, the deposit is always instant, and it can take up to 1 hour or 15 minute

Withdrawal Times

It takes a longer amount of time before withdrawals can be made to your bank account. The reason why withdrawals can take a longer amount of time is because of verification and some other things

Crypto Bonuses

There are wagering requirements and bonus limits to the crypto-currency as well. When there is a $1,000 bonus with a match rate of 100%, you are going to get a free play of $1 when you deposit an amount that is up to $1,000. If 25x wagering requirement is placed on the bonus, it is an indication that you are to wager for 25 times before your earnings can be withdrawn

Ethereum casinos

Deposit and Withdrawal for Ethereum Online Casino

Just in case you are new to making deposits through the usage of cryptocurrency. It will be important to read the process such that you will have a hitch-free transaction. It’s quite simple although there are some steps that you have to follow. The Ethereum works just like Paypal or e-Wallet in which you can store your money

This is the exact place in which you can get the Ethereum at the actual rate in the market, For you to make a successful transaction, you need to follow

  • Select an Ethereum Wallet that can hold your cryptocurrency. The wallets that can be made use of include Loafwallet, Electrum and Coinomi
  • Get to an exchange such that you can get the cryptocurrency needed. For you to purchase the cryptocurrency, you can use ACH, Credit card or your bank account
  • Just decide on the particular kind of online casino. The casinos that we recommend include SportsBetting, Wild Casino. All you need is just to select Sign Up to join the casino
  • The moment you sign in, the confirmation email will be sent to your account. Visit the cashier and select Ethereum as the method of payment
  • Having fully funded your account with the Ethereum, ensure you mail your code to Crypto-Bonus

How to make an Ethereum Withdrawal

It’s quite easy and swift to make withdrawals using this method. All you need to do is to check the few steps given

  • Clear the Crypto-Currency Bonus – Before players can be given the chance to make any withdrawal, it is a must to clear all the wagering requirement. Just accept the Crypto-Bonus through an email, after then clear the wagering requirement on sport. There is a coupon code that can be used in the activation of bonuses
  • Play for real money – The moment you can clear the bonus, the next thing you are to do is the exploration of the site. The casinos have many categories which include video poker, specialty games, slots, and table games. Players will as well qualify for the reload and weekly bonuses. All you need to do is to contact them using a live chat and know the update about the promotions available
  • Re-Fund Your Account – In case the funds get low, you can make use of the Ethereum wallet. There is every possibility for you to win, and you can as well lose your money. Provision is always made for players that are not fortunate enough to make wins
  • Make a Withdrawal – The moment you can get your winnings, just visit the Cashier to withdraw your money. Funds will be transferred to your wallet and you can decide to transfer this at your own convenient time. All withdrawals are processed within 2 hours

Advantages

Before considering Ethereum as a method of making a deposit, there are some factors that you have to give due consideration. Now let’s look at the pros and cons of making use of this method

  • Better Fees – The price of Ethereum does not fluctuate, unlike the Bitcoin. You are not going to lose on any value even if the market undergo some change
  • Free Payout – Majority of the online casino in the United States charge 7.5% on the Mastercard and Visa deposits. But then if you make use of the Ethereum, you will not have to incur any cost
  • Not Centralized – The system made use of is decentralized, and there is no likelihood of being regulated
  • Safe – Making use of Ethereum is safe, transparent, private and secure. Fraud is not tolerated, and there is no how necessary information can be leaked to the third party

Disadvantages

  • Room for Improvement – Going by the fact that the technology made use of is still new, it has a developing functionality. In most cases, the server crashes compared to the servers of Bitcoin
  • Additional Setup – Before you can sort this, it is a must for you to get an Ethereum wallet and get crypto at an exchange. The fortunate thing is that we have made provision for steps that will simplify things
  • Limited Availability – Not all online casino makes use of this method

Bonuses

On Up town Aces casino, the stipulated bonus for cryptocurrency is $500. The fact is that not every one of the online casinos in the United States recognizes Ethereum as a payment method. We hope this changes over time, going by the fact that virtual currencies are very easy to carry out transaction

Online Casino Games

The recommended casinos that recognizes casino as a payment method makes provision for a wide variety of game. Even though you like the amazing experience you get on live dealer, or you probably like to enjoy slots. All can be found on theses casinos, the games include Craps, Roulette, Keno, Video Poker, Craps, baccarat, and Blackjack

Brief History

In July 2015, the release of Ethereum was made by the co-designers which include Joseph Lubin, Vitalik butter and Gavin Wood. The design of Bitcoin was made for a transaction, but Ethereum is a computing platform that places its focus on a programming code. There are different types of application for the Ethereum which is to the inclusion of Ether payments and smart contracts

The ability to effectively handle smart contracts will pave the way for lots of possibilities. Investors have the firm belief that the smart contracts will give sport betting an house edge which is zero percent

Is it the right deposit

Players willing to get a safe way to make transactions online should make use of Ethereum, the price does not fluctuate, unlike Bitcoin. More importantly, you will not have to go through unnecessary stress or long process before you can make withdrawal

How does it work?

The first thing you are to do is to ensure you have an Ethereum wallet to hold your funds. After then you go visit your favorite casino site that supports Ethereum

Is it safe?

This method is absolutely safe , private and secured. You don’t have to get yourself worried about fraud or the interference of any other party

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