The Best Ethereum Casino Sites in India 🥇
We gave Ethereum Casinos a proper test to help take the guesswork out of the experience for when you are ready to take your gaming to the next level. We will give you a complete rundown of what makes Ethereum Casinos different, as well as some of the advantages and disadvantages of Ethereum Casinos.
And to make your life easier, we will kick off this article with a list of some of our favourite Ethereum Casinos to get your online gaming off to a great start with trusted platforms.
Finding a great and reputable online casino may sound like a daunting task. You may have a thousand questions going through your mind and can inevitably end up going down a rabbit hole of online reviews and forums, but let’s put a stop to that right here.
Why waste your valuable time searching for the answers when we have already put in all the hard work for you?
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Characteristics of Top Ethereum Casinos 🌟
The only question you need to concern yourself with is: what makes an Ethereum casino great in the first place and what does an Ethereum Casino need to have to make our prestigious list? Well, the criteria are quite long, but these are a few of the things we take into consideration:
The first and most obvious is that the casino needs to accept Ethereum. This may sound obvious, but Ethereum is not that widely accepted…yet. So if Ethereum is your preferred cryptocurrency, you better double-check to ensure that you’re at the right place.
- Trustworthiness & Reliability
Let’s be honest, sometimes committing to an online casino can feel a bit like sticking your hand into a dark hole in a wall. At first glance, there is nothing that says “danger”, but that doesn’t change your anxiety about the experience. Our toplist is all about finding trusted casinos that are independently tested, fully licensed and offer players a fair chance at being winners.
- The Games Library
It’s all about the experience. There has to be a wide selection of gaming options. No one goes to the casino to play the same thing over and over again. If that was the case, you’d have gone to Wednesday night Bingo with Grandma at the community centre. Variety is the spice of life and will ensure that whatever your mood, you will find the game or machine to match it.
- Customer Support
Lastly, it’s about support. No one assumes that something will go wrong, but it is important to know that if it does, there will be someone there to listen. Knowing that the casino has 24/7 support is a must.
At the end of the day, we are playing with real money, and we need peace of mind that we will get a response if we have any questions or need help.
Frequently asked questions about Ethereum Casino
☑️ Is it safe to play with Ethereum at online casinos?
Ethereum is designed to be safe and secure as a payment method. The main concern you should have is regarding the casino you select to play with. Make sure you choose a reputable Ethereum casino, and you should have nothing to worry about.
❓ How are Ethereum Casinos different to other casinos?
There is fundamentally no difference between the two, other than Ethereum Casinos accept Ethereum as a payment method. You can expect to see all the games you love, from slots to tables.
🌡️ How can I check an Ethereum casino's reputation?
Online gamblers are a vocal community and do not take lightly any casino they view as being unfair or that does not follow through on commitments. Do your research online and see what the community has to say about the casino you are considering.
💝 Are there any other benefits to using Ethereum casinos?
Some casinos may offer additional benefits to players to encourage using Ethereum to make deposits and withdrawals. You must also be mindful of the fact that Ethereum’s price is determined by market sentiment and can fluctuate wildly at times. This can mean that your Ethereum can increase in value but can also result in a loss of value.
🔅 How else can I use Ethereum besides Ethereum casinos?
Although Ethereum is extremely popular, cryptocurrencies have not been widely adopted as a transactional currency, meaning you will be unlikely to spend them at your corner grocer. Most people currently use cryptocurrencies as investments.
🤔 What's the difference between Bitcoin and Ethereum?
Fundamentally they are very similar. Both are currencies using blockchain technology. The big difference is in how the blockchain technology is implemented, and this means that Ethereum is faster, cheaper and more scalable than Bitcoin.
⛓️ How does blockchain relate to Ethereum Casinos?
Blockchain is relatively new technology and is the technology that powers most cryptocurrencies. What it effectively is, is a network of distributed computers that all keep a record of transactions. The blockchain is designed to ensure that all transactions are accurate and verifiable while protecting a person’s anonymity and without the influence of central control. Ethereum casinos are considered extremely safe for these reasons.
💰 Do I have to own lots of Ethereum to play Ethereum casinos?
Short answer, No! Ethereum is quoted at the price for a full Ether, but you can buy any fraction of a full unit. If you only have $100, that is no problem. You will own whatever portion of a full Ether you can get for the $100 at the time of the trade, and it will be added to your Ethereum wallet.
What Makes Ethereum Casinos Different? 🌈
The difference is in the name: “Ethereum”. Traditional casinos use old-world currencies and banking channels to take deposits and make payouts. This obviously comes with all the drawbacks of these old-world systems as well. These include high fees, long lead times and potentially a lot of paperwork.
Ethereum Casinos give you all the benefits of digital currencies, commonly referred to as cryptocurrencies. These currencies are designed for the new, connected and digital world. Cryptocurrencies are all about speed, security and privacy.
In the perfect Ethereum Casino, you deposit Ethereum itself, and your winnings are also paid out in Ethereum. But you will need to check this since certain casinos only allow one or the other. Along with being able to transact with Ethereum comes all the obvious benefits associated with cryptocurrencies.
Why Ethereum and Not Another Cryptocurrency? 🤷🏽♂️
Ethereum has been around for a long time. It was launched in July 2015 and has seen its value and popularity steadily increase since then. Ethereum is now the second-largest cryptocurrency by market cap and remains one of the preferred cryptocurrencies.
The benefit is definitely in the price of Ethereum vs the price of Bitcoin, meaning you get more crypto for your cash. With Bitcoin trading just under $39 000 per Bitcoin at the time of this article, Ethereum is trading at a much more palpable $2 555.
This means that for every Dollar converted to Ethereum, you get more units to play with.
How to Make Your Deposit at an Ethereum Casino ♻️
If you already have some Ethereum in your crypto wallet, making the deposit is as easy as copy and paste. The best thing about Ethereum is that crypto payments are near-instant, so you don’t have to wait for days for a payment to reflect before you can start playing.
Just follow the steps below, and you will be placing those bets and spinning those slots in no time:
- Make sure you have your wallet app ready and already own some Ethereum
- Create an account at an Ethereum casino of your choice (We know you chose one of our favourites!)
- Select “Cashier” or “Banking”
- Select “Deposits” to add funds to your account
- Make sure you select Ethereum as your payment method
- Copy the wallet number as provided to you by the casino
- Now go to your cryptocurrency wallet and select to make an Ethereum payment
- Paste the wallet number provided by the casino into the recipient section
- Choose how much Ethereum you want to deposit
- Check that all the information is correct (it never hurts to double-check)
- Complete the payment, and you’re all set to go!
Your payment should reflect in a matter of seconds, and then the gaming can begin!
What if I Don’t Own Any Ethereum? ⛔️
If you don’t have any Ethereum, don’t worry, we all make mistakes from time to time, but this one is easy to fix.
If you already own some other cryptocurrency, it is very likely that your wallet already supports Ethereum. You can simply transfer units from one of your other cryptocurrencies to Ethereum from your wallet.
If you don’t have any cryptocurrencies yet, you can look for a wallet app that is available in your region and for your preferred platform. Once you have decided on the right wallet for you, you can sign up for an account and follow the steps to add funds to that account that can be used to purchase Ethereum units.
If you are getting your wallet set up for the first time, we suggest looking for a wallet that is reputable and supports multiple cryptocurrencies as this will just make your life a lot easier. Always remember to keep your wallet details safe and private.
What Happens if I Want to Make a Withdrawal? 👑
You would normally expect a withdrawal to take at least 3 to 5 days for your glorious winnings to be paid out to you, but not with Ethereum Casinos.
Your Ethereum withdrawal will be made and available to you within minutes, meaning you are only minutes away from enjoying the spoils of victory.
Here’s a step-by-step guide on how to make an Ethereum withdrawal:
- Win at a slot machine or table
- Make sure that any bonus wagering requirements have been met
- Go to the “Cashier” or “Banking” option
- Choose to make a withdrawal
- Select Ethereum as your payment method
- Enter the amount you want to withdraw (remember to be mindful of any withdrawal limits that the casino may have)
- Input your public wallet number and confirm the withdrawal
- Your withdrawal will show in your wallet within a few minutes
- Go buy yourself something nice, you deserve it, you winner you
What are the Benefits of Gambling with Ethereum? 🙌
There are so many benefits of using Ethereum (too many to mention, really), but here are some of the most important one’s:
- Speed of transactions
Cryptocurrencies are designed to facilitate and simplify global transactions. Using Ethereum offers all these benefits to you, such as near-instant deposits and withdrawals.
- Lower fees and no excessive currency spreads
If you are gambling in a different currency than your home currency, you can expect to pay excessive fees for any currency conversions, and you will likely get a lower rate than is currently quoted for your currency. This essentially means less money to play. With Ethereum, Ethereum is Ethereum, so no complex conversions. What you put in is what you get to play with.
- Security and privacy
Cryptocurrencies are all about security and privacy. Your payments are secured through the public ledger that records all transactions, and due to the encrypted nature of the data, it is safe and secure. The anonymity offered by cryptocurrencies means your privacy is protected at all times.
- Less red tape
Cryptocurrencies fall outside the scope of central banks and operate independently from government institutions. This greatly reduces any red tape associated with traditional currencies, especially when making and receiving payments internationally.
- Higher deposit and withdrawal limits
Ethereum Casinos mostly offer more lenient deposit and withdrawal requirements than when using hard currencies. This means that you have more options when you play as well as when you want to withdraw those big winnings.
So, What’s the Drawback You Ask? 👎
Like everything in life, Ethereum Casinos have their upsides and their downsides. Here is a quick overview of things you might not like:
- Availability can be a problem
Cryptocurrencies are still considered reasonably new technology, and they are therefore not as widely accepted by the online gambling community…yet. Therefore, you may not be able to use Ethereum at another casino you may frequent.
Due to the intent and design of cryptocurrencies, there is a strict “No backsies” policy. Once a transaction has been registered with the network and added to the ledgers, there is no way to undo that transaction.
- There could be hidden fees
Depending on how the particular casino operates, there may be a chance that they can charge hidden conversion fees if Ethereum is not available as the playing currency. But these fees are probably still lower than what a bank would charge for currency conversion.
- The need for a cryptocurrency wallet
For you to deposit or withdraw Ethereum, you will need to have a cryptocurrency wallet set up, which is something else you will need to manage.
- Unlicensed or unregulated Ethereum Casinos
Ethereum Casinos are still very new, and because cryptocurrencies fall outside of the scope of most government departments or regulations, there is a real risk that a casino may be operating without oversight. This has got nothing to do with Ethereum as a payment method though.
What We Think About Ethereum Casinos 👀
Ethereum Casinos may be a new concept to many of us, but we definitely think that it is going to keep growing in popularity. Ethereum makes payments fast and easy. At the end of the day, it is a question of cost and convenience, and Ethereum Casinos tick all the boxes.
What Other Payment Options Could be Available? 📊
Most online casinos will accept multiple payment types. Some other payment types may include some of the following:
- Credit cards
- Online bank transfers
- Prepaid cards
- And many more