Ethereum Casinos: Things to Consider Before Playing 

Cryptocurrencies have become as reputable as traditional currencies for many these days. Cryptos like Ethereum have also established themselves in the world of online Ethereum casinos. As Ethereum Casinos are on the rise lately, some may find it hard to navigate this decentralized gambling landscape. Here we will guide you on everything you need to know about Ethereum Casinos and how to reap benefits using this cryptocurrency.

What Is an Online Ethereum Casino?

Ethereum Casino is a crypto casino that uses Ethereum for its transactions. Using the ETH may be the only payment option in some casinos while others may accept other kinds of crypto and more traditional means of payment.  As a result, players enjoy traditional games, the experience, and benefits with added advantages like anonymity and safe transactions. Furthermore, often these casinos improve your gambling experience by offering numerous games and incredible features like generous RTPs (Return to Player).   

Why Are Ethereum Casinos Becoming More Popular Lately?

The Ethereum platform was founded in 2014, and since then, several ETH casinos have sprung up across the world. Known as the second-largest crypto globally, Ethereum Casino provides its users with more features than a traditional casino.

These casinos allow their players to enjoy numerous games like sports betting, dice, slots and poker without compromising on privacy and security of using ETH. Due to the instant payout options, unique features, and integration of smart contracts, Ethereum casino 2021 platforms are gaining more popularity than ever. Online gamblers prefer Ethereum casinos due to the following reasons:

• Easier to use.
• Offers better fees. 
• Guarantees safe deposit option. 

These benefits are prompting more and more online gambling operators to include Ethereum along with their other payment options. Also, most ETH casinos come with built-in wallets where gamblers can store their Ether or other cryptos safely.

Facts About Ethereum Casinos

• Mostly online Ethereum casinos accept 3 Cryptocurrency wallets – Loafwallet, Coinomi, and Electrum.
• The majority of the Ethereum casinos have less than 1% house edge, which increases your winning probability.
• As of 2021, the average growth rate of Ethereum is 8.16%.
• It is predicted that Ethereum will reach $5000 by 2040. 
• Countries like the UK, Belgium, Italy, Netherlands, and Greece have taken strides to regulate and legalize Ethereum crypto gambling platforms.
• Most ETH casinos have higher ratings than BTC casinos when it comes to the speed of transactions. 

What to Look For When Selecting the Best Ethereum Casinos

With more and more Ethereum casinos springing up, finding the right one can be quite challenging. Here are some key aspects you need to consider before choosing the right ETH gambling platform.

• Quick deposits and withdrawals.

ETH casinos can provide safe and quick transactions due to the unique blockchain architecture. It also prevents false coin generation and scams, as the participants have to check and verify the authenticity of any new transaction made. Furthermore, as the Ethereum blockchain runs in real-time, it provides advanced security options.   

• Bonuses.

Just like the other gambling sites, ETH casinos also provide similar bonuses and promotional deals, like: Free Spins and Tickets. You get to play slots, poker, and other games and win cryptos without betting on them. Progressive Jackpots. With each progressive game, your potential profit keeps increasing. Deposit Bonus. Multiplies your initial ETH amount.  No Deposit Bonus. Provides free Ethereum once the registration procedure is complete. 

• Secure and transparent transactions.

Since most Ethereum games are built using the ETH blockchain technology, it ensures fairness and regularity in payments. In addition, these casinos constantly audit their games and show the players the audit results, which makes it easier to verify. 

• Welcome Bonuses.

The attractive welcome bonus is another essential factor that helps players choose the best ETH casino. Usually, these casinos welcome their users by offering them free spins and coins. This, in turn, helps reduce the initial investment needed to start playing on the platform. Plus, exclusive incentives are given to select players at specific time intervals via vouchers and bonus codes.

• Privacy and licensed platform.

It’s advisable to choose a licensed and regulated platform to avoid cyber fraud. Furthermore, anonymity and privacy are the foundational principles of cryptos and are among the most significant aspects that make these casinos more favorable to players. Hence, look out for ETH casinos that guarantee privacy and safeguard your account details.   

What Games Are Available At Ethereum Casinos?

The game portfolio for Ethereum casinos is the same as that of the convention gambling operators. Here’s why? Cryptos have become quite popular as a reliable payment mode, and most providers are aware of these benefits from early on. Hence, gamblers get to play any casino game using the ETH cryptocurrency.

Before signing up with a new online crypto casino, ensure that they have the complete game portfolio. Professional Ethereum casinos have a complete spectrum of ETH game portfolios available. Some of the popular online casino games that accept ETH are:

• Baccarat
• Video Poker
• Blackjack
• Keno
• Craps
• Roulette

Benefits of Playing at Ethereum Casinos

Some of the main advantages of using Ethereum casinos are:

• Incredible Transaction Speed:

This ETH architecture decreases the transaction time to around 10 minutes to attain a confirmed transaction.

• Complete Anonymity:

Most crypto casinos do not require any strict measures to verify the addresses or identity of the gamblers. This is because the blockchain takes care of security. 

• Enhanced Safety:

It is not easy to gamble with Ethereum, as the players must verify the smart contracts. Hence, your online payments do not encounter any third-party interference or fraud. 

• Decentralised:

Since ETH casinos are decentralised, they adhere to similar safety protocols like other cryptos and are not regulated as a security. 

• Free payouts:

The payments in the Ethereum casinos are entirely free of charge.   

Are Ethereum Casinos The Right Choice?

Despite ETH being the second largest Crypto, it’s quite new in the gambling market. However, it has huge potential to maximize its impact on the online gambling world. Furthermore, due to its smart contract features and unique blockchain architecture, it is a suitable option preferred by most gamblers.

The best part of these casinos is getting to transact directly and not encountering any interference from third parties. Moreover, it offers an adequate amount of protection to your online transactions. Hence, all the details you share will remain completely anonymous.