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✔️What is Ethereum (Ether)?

Although Ethereum is a cryptocurrency, it is not exactly like Bitcoin. Unlike the latter, Ethereum is a decentralized platform that uses blockchain technology. Ultra secure, it is programmed to work without any risk of downtime, censorship, fraud or interference from third parties. Ethereum uses Ether (ETH) as its currency. It is the second largest cryptocurrency by market capitalization, positioned just behind Bitcoin.

A credible and secure cryptocurrency, Ethereum has a high potential. Indeed, cryptocurrency can be used in several ways. In online casinos, it is praised by Canadian players for its speed, security and user-friendliness. Today, ETH is the cryptocurrency of choice for many leading online casinos in Canada. Unlike other blockchain applications, Ethereum is more than just a protocol in online casinos, it is a way to enjoy the game!

🎁Where to buy Ether?

You can buy Ethereum from almost any cryptocurrency platform. Among the most important are Coinbase, Coinmama and Bitpanda. To do this, you need to :

• Open an account: To buy Ether, you need to open an account on a cryptocurrency platform. Verification is always required for full registration. In most cases, you need a photo ID and proof of address.
• Make a deposit: It is then necessary to deposit funds into the account you have just opened. With a simple bank transfer, you can deposit funds to your account. Some platforms offer other deposit options such as credit card or instant transfer.
• Buy Ethereum: Depending on the platform, there are different ways to make a purchase. However, most of them are simple and can be understood intuitively. Whichever form of purchase you choose, select Ethereum and specify the amount you want to buy.
• Keep your Ether stock: Platforms or applications also take care of the conservation of your stock. However, if you buy larger amounts, you need to transfer them to an external wallet. Your parts are safely stored there.

Coinbase

Coinbase is a standalone application that allows you to buy and exchange Ether for fiat currencies. In addition to its crypto exchange function, Coinbase also offers a so-called softwallet for storing cryptocurrencies. A soft wallet is a digital wallet in which you can store the access keys to your Ether holdings in the most secure way possible.

Registration on Coinbase, requires :

• Your name, an e-mail address and a secure password. We recommend that you choose a password of at least 20 characters, consisting only of incoherent letters and numbers and also containing special characters.
• You will receive an email with a confirmation link. If the email does not arrive, check the spam folder.

In the next step, Coinbase asks you for your mobile phone number as an additional security level, which you must confirm with an SMS code.

Coinmama

Coinmama is one of the few cryptocurrency exchange platforms that offer buying and selling exclusively for cryptocurrencies like Ethereum. He is also one of the few to be licensed to operate in Canada. However, its costs are relatively high. On Coinmama, you can buy Ether by credit card, debit card or bank transfer, with availability for almost anyone in the world.

To register for Coinmama, you can download the application or connect directly to the platform's website.

• Then click on “Create an account” and use the email sent to confirm your email address. After that, verify your account by uploading your credentials (passport, ID card) and a selfie.
• Make a deposit. Coinmama supports direct crypto purchases and the first step is to set up your wallet.
• Then go to your Coinmama account and click on "Buy” to be redirected to the next page from where you can buy Ether and replenish your Ethereum casino account. You also have the option of connecting your bank account to Coinmama to further simplify the process.

Bitpanda

Bitpanda allows its users to buy and sell Ether and other digital assets. In addition, users can send digital assets to other members. Other services include the Bitpanda Pay digital wallet that customers can use to make deposits to their casino account, and the Bitpanda Card credit card. It is a Visa debit card that allows users to receive cashback in the form of Ether for their purchases.

To use Bipanda to buy Ether, you can download the Android or iOS application or use the platform's website directly.

• Click on the “Start" button in the upper right corner.
• Enter your name and email address and choose a strong password.
• Choose your place of residence and accept the terms and conditions and the data protection declaration if you accept them.
• Click on “Create an account”.
• Now click on the link in the confirmation email to finalize the creation of your account.

👌How to choose a reliable and quality Ethereum casino?

To choose the reliable Ethereum casino, it is necessary to take into account a number of criteria.

The user interface of the casino website

The user interface is one of the most crucial factors when evaluating a new Ethereum casino because, in our opinion, it can be decisive when choosing a casino. So you need to take care of the ergonomics of the casino site, how easy it is to use and whether it is mobile-friendly or not.

The casino bonuses and promotions available

A wide range of bonuses and other promotional offers is a must for every player. So you should take care of this when choosing an Ethereum casino. Note, however, that Ethereum casinos are among those that offer some of the best bonuses and promotions to their users. These include, among other bonuses, welcome bonuses, deposit bonuses, free spins and much more.

The variety of games

Every player, whether inexperienced or experienced, has a favorite game that he likes to bet on. Many gamers, on the other hand, enjoy experimenting with new games from time to time. It is for this reason that you must take into account the game offer when choosing your Ethereum casino. Make sure that your Ethereum casino offers many different games like slots and your favorite table games.

Security and licensing

These are the two most crucial aspects that you should look for when evaluating the Ethereum casinos you want to play at. After all, what's the point of having different game variants and bonuses if the site you're playing on doesn't have better security or a valid license?

Fees and other restrictions

Players should first evaluate the restrictions and fees of the casino before selecting an Ethereum casino. Because, some ETH gambling sites, do not charge fees, but players still have to pay tiny transaction fees to guarantee fast transactions.

Other Ethereum casino sites, on the other hand, charge high fees that players have to bear at all costs. The deposit and withdrawal amounts are also different from one site to another.

Customer Service

The reality is that when you bet online, there is a good chance that you will run into problems. That is why it is so important to opt for an ETH casinos site with a reputable and helpful customer service staff.

⚡What are the advantages of this virtual currency?

Like all other cryptocurrency casinos, Ethereum casinos offer a number of advantages. But in addition to those common to other crypto-casinos, Ethereum casinos have some specifics. Among these, there are :

• Privacý. One of the most important advantages of using Ethereum is its anonymity. Payments to and from online casinos are usually difficult due to the bureaucracy and the many processes required by banks and other payment options. Again, due to the advantages of blockchain technology, all this can be avoided. As a result, you only need an e-mail address while no identity document is required.
• Instant payments. Another advantage of cryptocurrencies is that payments are almost instant. Payments with Ethereum are usually quite fast. Deposit times vary from a few minutes to a few hours, while withdrawal times are usually between one and 24 hours.
• The absence of fees. You will be pleased to learn that there are no transaction fees associated with using Ethereum. Smart contracts and the transactions themselves are not controlled by any individual or organization, so there are no costs involved. Naturally, this also applies to deposits and withdrawals, and since all this service is not managed by anyone, the casino does not have to charge any fees either.
• Securitý. The use of Ethereum guarantees flawless security. Indeed, thanks to blockchain technology, the network is well protected against corruption and fraud.

🥇What are the weaknesses of this virtual currency?

As is the case with most crypto casinos, Ethereum casinos also have some disadvantages. Among these, there are :

• Volatilitý. The downside related to Ethereum is the fact that the price of Ether is very volatile, just like the price of any other crypto. However, for some players, this is an advantage, as it allows them to keep Ether until their price becomes high enough to be traded.
• The absence of regulation. A cryptocurrency like Ethereum, is a relatively new phenomenon and, therefore, it lacks sufficient and complete rules.
• The very limited number of Ethereum casinos. One of the disadvantages of Ethereum casinos is the fact that they are not as numerous as other online casinos taking fiat currency. Indeed, not all online casinos are willing to offer cryptocurrencies as a payment method, so it is always more difficult to find a good Ethereum casino than to find a good online casino that only offers fiat currencies.

🎰How to make deposits with Ethereum?

To make a deposit with Ethereum, you first need to replenish your Ether wallet. To do this, head to a cryptocurrency buying platform. Choose the amount and complete the transaction to receive Ether in your wallet. Then the filing procedure can be done in a few simple steps:

• Enter the "Cashier" section of the casino and select Ethereum as your preferred banking method. The cashier will provide you with an e-wallet account address that you can use to transfer funds directly from your e-wallet account to your casino account.
• Enter the amount you want to deposit and copy the address. After confirming the transaction, it will be processed by Ethereum miners on their network.
• Wait a while. Once completed, you will have all the funds available in your gaming accounts just in time to start playing all your favorite casino games.

Finally, take good care to specify the correct ETH address – otherwise, you risk losing all your funds. It is for this reason that it is more prudent to copy it.

How to make withdrawals with Ethereum?

After completing the wagering requirements, your winnings are available and you want to withdraw them in Ether. Just like the deposit, the method of withdrawing your winnings is quite simple. You just need a personal recipient address to cash out the winnings, which can be found in the “Receive" section of your casino wallet. To do it :

• Make sure you select Ethereum as your cryptocurrency, this will make sure you see the correct address.
• Then copy the address, open the casino checkout page and paste it into the required field. The recipient's address usually starts with “0x”, followed by the string of numbers and letters in upper and lower case.
• Specify the amount requested for the withdrawal and confirm the transfer It should not take more than a few minutes to be completed unless the blockchain is unfortunately busy.

The payment will be present in your crypto wallet within 24 to 72 hours. As soon as you have transferred your winnings, you can convert them back into current currency on your bank account.

💰Transaction fees and deadlines

Since cryptocurrency or Ethereum payments do not involve any third party as a mediator for the online transaction, there are usually no processing fees. However, you may have to pay a small amount with a few Ethereum casinos.

Online casinos would not receive the amount of the processing fee. Instead, the sum goes to the Ether exchange authority. Technically, it is your Ether wallet that takes a sum to transfer the currency to your bank account. These fees are calculated according to the computing power required for the modifications and their duration. The transaction fee is necessary so that the change can be processed on the network.

Deposit and withdrawal deadlines

When using the Ethereum platform as a payment method for gambling, transactions such as deposits and withdrawals must take place within ten minutes. What takes time is to confirm the information in your Ethereum wallet, because any error will lead to the loss of assets that cannot be found.

When making withdrawals from a casino that accepts Ethereum, you can select the amount you want to withdraw and receive it within a few minutes.

📌 The exclusive bonuses of Ethereum casinos

Ethereum casinos have an advantage over traditional gaming platforms, they offer more lucrative bonuses. As the blockchain network eliminates all third parties when processing transactions, the bonuses of crypto casinos are usually higher than the traditional bonuses in online casinos.

Almost all ETH casinos offer a welcome bonus for new players. Better yet, there are also many who reward their loyal players with regular bonuses. The best way to evaluate the bonuses of ETH casinos is to compare them to the bonuses that you will find on traditional online gambling platforms.

Indeed, in online casinos, players are used to getting modest percentages such as 100% on their bet. In Ethereum casino platforms, this has been taken a step further, and usually you get a bonus of 200% or sometimes even 300%.

Once you have made your first deposit, the platform will add an additional 200% of this amount, which will triple the deposited amount. Many of these welcome bonuses include free spins, which increase your chances of winning on specific slots.

In addition to welcome bonuses and free spins, Ethereum casinos also offer players cashback bonuses, deposit bonuses, no deposit bonuses and reload bonuses. Some casinos also reward loyal players with free coins, which you can use on specific casino games.

Welcome bonus

Welcome bonuses are also known as welcome packages and are offered to players who sign up for the first time. These sign-up incentives are also offered to players at all ETH casinos.

It can take the form of free spins or percentages on their first deposits. The latter form is most common on ETH gambling sites where the amount of Ether deposited by players is doubled or even tripled.

No deposit bonus

With no deposit bonuses, players can often get a lot of money for free. These incentives are extremely popular with Canadian players. Players can earn bonus money without ever having to make a deposit (of any kind) to their accounts. Think of no deposit bonuses as thank you gifts simply for creating and maintaining an account on your favorite ETH gambling site.

The free spins

Free spins are a popular form of bonus that Ethereum casino sites offer to their customers. These casinos also offer free spins to new players who have just opened their account. This is a technique to attract new players to the gambling site, hoping that they will make a deposit later because of their enjoyment of the game and the casino site.

Free spins are incentives that Canadian players can use to test an Ethereum casino without having to deposit funds.

📱Ethereum Mobile Casinos

Nowadays, mobile adaptability and usability are the new norm. As a result, all websites, including traditional online casino sites, want to have responsive and therefore mobile-friendly sites. And Ethereum online casino sites are no exception!

Cryptocurrency casinos, including ETH gambling sites, are well aware that people all over the world use their phones to access gambling sites. Given this reality, most ETH casinos have made their website mobile-friendly, while others include downloadable applications.

Users can access the site, start playing and betting with their mobile devices. Users will also be able to save memory space by using Ethereum casinos on their phones without downloading applications.

🍁 Some numbers about Ethereum casinos

In recent years, the number of crypto casinos has been growing steadily. Here is an overview of the statistics that show how the number of Ethereum casinos has also evolved.

• In recent years, cryptocurrency betting has seen a significant increase. As proof, between the second and third quarters of 2021, this increase reached 28%.
• Going back further, from the third quarter of 2020 to the third quarter of 2021, there was a 180% increase in cryptocurrencies in online casinos
• For comparison, the use of cryptocurrencies in online casinos, which was 15.7% against 84.3% of fiat currencies in the third quarter of 2020, increased to 43.3% for cryptocurrencies against 56.7% for fiat currencies within a year, that is to say in the third quarter of 2021.

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