Cryptocurrencies have had a fantastic growth rate in the past couple of years, and the number of people who use them daily is in the millions. Thanks to the fact that they are far superior to traditional payment methods for online transactions, they could penetrate the market and gain the support of many global brands.
One of the loudest supports/advocates of cryptocurrencies is online casinos. Why? Because online casinos are fond of a fast and secure payment method, that is exactly what these digital assets offer. Ethereum online gambling is the most popular type of gambling with cryptocurrencies as this crypto is widely accepted.
Every real money Ethereum casino can provide players with the highest level of security and allow them to gain access to pretty much every game that they can think of. That is what we are going to focus on here. We are going to see how well-optimized and secure this cryptocurrency is and why you should use it.
Is Ethereum Secure?
The number one question that every customer wants to know when registering and playing at an Ethereum casino is whether this method is secure and whether they can deposit and withdraw funds without worrying about their security.
You will be pleased to know that every transaction with Ethereum is extremely secure as a payment method. Here’s why. First of all, almost every Ethereum online casino utilizes the latest SSL encryption software, meaning that it encrypts your data and keeps it out of harm’s way.
Additionally, every ETH casino will provide you with a certain level of online anonymity when you register an account by offering you the chance to use an alias instead of your real identity. In doing so, your overall security will be increased to the next level.
As for Ethereum itself, this cryptocurrency is as safe as one method or currency can be, and here’s why. We are sure that you are familiar with the fact that Ethereum is based on blockchain technology. This is a decentralized system that allows people to make instant transactions without revealing their true identity. The fact that you are anonymous is a huge boost to your online security.
The whole goal of the crypto world is to decentralize the financial industry so that it cannot be controlled from one center and thus, prevent corruption, money laundering, and possible theft.
The Advantages and Disadvantages of Ethereum
Just like any other payment method, the user will be provided with some advantages and disadvantages by registering at a casino that accepts Ethereum and uses this method to deposit funds to their account. The pros and cons are listed below.
- Instant deposits and withdrawals
- No processing fees
- Extremely secure
- Harder to earn
As you can see, the pros state just why Ethereum is superior to regular payment methods. For example, when you register to deposit at an online casino with Ethereum, every deposit and withdrawal that you make is instant. Other payment methods have a processing period that applies when you request a withdrawal.
Not only that, but thanks to its decentralized nature, every transaction at the best Ethereum casino is free. Some other methods, like e-wallets, may have the advantage of providing you with instant transactions, but they often come with added fees.
Finally, as we stated earlier, this cryptocurrency is extremely secure, regardless if you use it to deposit funds at a desktop or an Ethereum mobile casino. The blockchain and the security of the online casino itself will make sure that you are safe. One bonus advantage worth mentioning is that while some methods may be restricted and not eligible to claim bonuses, that is not the case with Ethereum.
The one disadvantage that an Ethereum deposit casino faces is that this method is harder to earn. To get your hands on Ethereum, you either need to mine it or buy it at a crypto exchange. In most cases, people trade cash for crypto. However, the option of mining is at your disposal, although it is complicated.
What Games Can You Play with Ethereum?
The good thing about accessing Ethereum casino games is that you will face no restrictions here as well. Some online casinos might even offer special casino games that can only be accessed by depositing with Ethereum, although in most cases, this feature is for Bitcoin deposits only.
As for the other casino games, you will be pleased that once you make a deposit with Ethereum, you can gain access to the following selections:
Ethereum poker will be at your disposal once you deposit with the said cryptocurrency. Every casino platform offers various types of poker games, including Omaha, Three-Card Poker, Caribbean Stud Poker, and the most popular variant – Texas Hold’em. In most cases, poker is a game that experienced players love as it relies on skills rather than luck. Not only that, but since up to 10 players can play at a table, the prize pools can be massive.
Next up, we have Ethereum slots which are by far the most diverse casino games. Not only are they simple to play, but they have so many features that they can be divided into countless sub-categories, including:
- Progressive and standard slots
- Megaways slots
- Infinity Reels slots
- Fixed and adjustable paylines
Each online casino will offer every player hundreds of online slots that are optimized for mobile and desktop use. What’s even better is that you don’t need to worry about your security as authorities regulate the best casino sites.
If you are looking to play classic games at an online casino, the gaming experience doesn’t get any better than with Ethereum blackjack. We've seen this game in countless movies, and it has remained a popular choice throughout the years. The gameplay is simple as it has one rule – compare the cards with the dealer and have a greater card sum without it exceeding 21.
Finally, Ethereum roulette is another classic casino game in which you wager on numbers. This game has a wheel with the numbers 0-36, and before the ball is thrown on the wheel, you can bet on the color of the number, which is red and black, low and high numbers, certain columns and rows, etc.
How To Deposit and Withdraw Funds with Ethereum?
In order to fund your account with money to play the featured games at the online casino, you need to complete a few steps.
- Register and verify your account at an Ethereum casino
- Choose Ethereum as your preferred method
- Transfer funds from your e-wallet to the casino account
- Use the money to play the games
Ethereum deposits are instant, and they come without any fees. They are also safe, thanks to the security of the casino. As for withdrawals, you can transfer funds from your account with the following actions:
- Log in to your account
- Go to the Cashier’s section
- Select Ethereum as your withdrawal method
- Enter the preferred amount that you wish to withdraw
- Transfer the funds
Keep in mind that every online casino has a minimum withdrawal amount that you must adhere to. If you have any problems with your withdrawals, then you should contact the Support team.
Bonuses that You Can Claim with an Ethereum Deposit
While some methods are restricted in terms of claiming casino bonuses, Ethereum doesn’t have any limitations. You will be pleased to know that you can claim all types of bonuses and participate in various promotions, including:
- Free Spins
- Welcome offers
- Reload bonuses
- Loyalty Programs
You need to remember that each of these bonuses comes with terms and conditions that you need to meet, including bonus validity, wagering requirements, minimum deposit, maximum bonus amount, etc.
In a world where online scams are happening quite often, Ethereum has proved that it is a very reliable method. It is extremely secure, and what’s even better, every transaction with it is instant. Thanks to its decentralized nature, you can rest assured that you won’t face any market restrictions.
Not only that, but you will be able to claim pretty much every featured bonus, just as long as you pay attention to the terms and conditions.
Is Ethereum a commonly accepted payment method?
Thanks to the massive crypto expansion in the recent period, many online casinos started accepting Ethereum as a payment method.
What games can I play by making a deposit with Ethereum?
Once you deposit with Ethereum, you will gain access to all of the featured games at the online casino, including roulette, slots, live dealer games, blackjack, etc.
How long is the Ethereum withdrawal processing time?
Thanks to the fact that Ethereum runs on blockchain technology, every withdrawal with this cryptocurrency is instant, and that is one of its biggest advantages.