Ethereum is the world's second most popular cryptocurrency after Bitcoin. It's widely accepted at all the best crypto online casinos in Canada and offers various benefits, including advanced security and anonymity. Cryptocurrencies are quickly becoming the most popular online casino banking method.
New crypto casinos are regularly popping up to meet the growing need for safe sites that accept cryptocurrencies. If you're interested in using ETH to play your favourite casino games, this Ethereum casino review has all the information you need.
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🏆 The Best Ethereum Casinos for Canadian Players
| 🏆 Best Ethereum Casino | Golden Star Casino |
| 🎁 Top Ethereum Casino Bonus | LegendPlay Casino |
| 🎰 Ethereum Casino Free Spins | Playfina Casino |
| 🆕 New Ethereum Casino | Jet Casino |
| 📱 Best UI Ethereum Casino | Vegaz Casino |
Besides new cryptocurrency casinos which accept only crypto like Ethereum or Bitcoin, the number of online casinos in Canada, which now support crypto payments, is also increasing.
In this banking guide, you'll learn how to get started with Ethereum casino payments, even if you're completely new to it. I'll explain what Ethereum is, how to purchase ETH, and go over the following key topics:
- ✅What betting sites accept Ethereum?
- ✅How to deposit and withdraw using Ethereum
- ✅The pros and cons
LegendPlay Casino
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LegendPlay is a top Canadian gambling platform accepting various cryptocurrency payments, including Ethereum. As one of the best Ethereum casino sites in Canada, new players at LegendPlay Casino can get a 100% bonus of up to $750 and 200 free spins on the first deposit, but there are also various other casino and sports bonuses, including blackjack bonuses, mystery bonuses, weekly reloads, and more.
The minimum deposit and withdrawal limit via Ethereum at LegendPlay is $20. Deposits are always processed instantly, but cashouts take one to three days to process.
Golden Star Casino
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Golden Star is another well-known crypto casino in Canada, boasting over 4,000 Ethereum casino games and the best live dealer tables. You can use CoinsPaid to deposit a minimum of 0.0133 ETH. The same payment method can be used for cashouts, with a minimum limit of 0.02 ETH which are processed instantly. While Ethereum withdrawals are capped at 3.33 ETH, there's no cap on how much you can deposit with this option.
If you sign up and make your first ETH deposit at Golden Star, you can claim a 100% bonus of up to $1,500 and 300 free spins. There's also a bonus for your second and third deposits, reload bonuses and a casino lottery you can participate in.
Playfina Casino
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Playfina is a fun Ethereum casino online with over 11,000 casino games from 80+ software providers. It's safe to say that you won't find many casinos that can top this game portfolio, so if you're looking for the best games, you'll definitely find them at Playfina.
If you use ETH for your deposits and withdrawals, you'll be able to enjoy instant transactions and, sometimes, larger bonuses. You can also claim a welcome bonus of up to $1,460 + 600 free spins. The minimum deposit accepted at Playfina Casino is 0.002 ETH, and withdrawals will be processed within a day or less.
Jet Casino
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Jet Casino is an Ethereum casino in Canada that also accepts traditional forms of payment. It offers every game you can possibly want to play, whether it's popular slots, jackpots, live dealer tables, or more niche game types like keno and slingo.
The minimum deposit limit via ETH is $15, which is lower than what other traditional forms of payment require. Jet Casino is also ideal for new crypto users because the site offers in-depth guides on using crypto, opening a wallet, and much more.
Vegaz Casino
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Another crypto casino I absolutely must mention on my list is Vegaz Casino, a site with the best Ethereum casino sign-up bonus. This casino is one of the few Canadian casinos offering a welcome package with zero wagering requirements. That's right! You can get a 250% bonus of up to $1,000 and 150 free spins when you deposit at least $30.
Vegaz Casino also offers an exclusive crypto first deposit bonus of 150% up to $300. This bonus is also wager-free. Future crypto deposits will also be eligible for a generous 20% boost.
❔What Is Ethereum?
Ethereum is a decentralised blockchain platform that allows developers to build smart contracts and decentralised apps. Vitalik Buterin proposed it in 2013, and it is more complicated and functional than Bitcoin. The Ethereum Virtual Machine (EVM), Ether (ETH), self-executing smart contracts, and decentralised apps are some of its salient characteristics. In 2022, Ethereum switched from a Proof of Work consensus process to a Proof of Stake, which reduced energy usage and improved network security. Ethereum is widely accepted at both crypto-specific and conventional online casinos in Canada.
📑 How to Open an Account at Ethereum?
You don't technically create an Ethereum account since it is a currency and not a wallet. Crypto is different from most banking methods you might be used to, but once you understand how it works, it is easy to get the hang of.
To use Ethereum, you'll need to download and set up a crypto wallet. This is where you can buy, store, and use your ETH or any other cryptocurrency. Here's how to do it:
- Download a crypto wallet and open an account.
- Choose your desired ETH amount.
- Purchase ETH from your wallet and pay using any accepted payment method. There are usually various ways to pay, including Interac or credit/debit card.
- Your wallet will now be funded with ETH.
💳 How to Deposit to Online Casinos Using Ethereum
When you've set up your crypto wallet and funded, you can make your first Ethereum deposit at one of the recommended online casinos by following the steps below:
- Use your Ethereum casino login to access your account.
- Go to the cashier page and select 'Deposit'.
- Choose the 'Ethereum' payment method and the amount you want to deposit.
- Enter the casino's wallet or scan the QR code for a quick deposit.
- Confirm the deposit, and the funds will be added instantly which you can use to play your favourite games.
💵 How to Withdraw from Online Casinos Using Ethereum
If you've been lucky and have enough winnings to withdraw from your Ethereum casino account, you can follow the steps below to cash them out:
- Log in to your casino account and return to the cashier.
- Click 'Withdraw' and select the desired amount. Remember, a minimum withdrawal limit applies.
- Enter your wallet's address in the relevant field or scan the QR code.
- Confirm the transaction to submit the request.
Note: Ethereum casino instant withdrawals are possible as this option pays out within minutes or a few hours.
👍👎 Advantages and Disadvantages of Ethereum Casino payment method
| Advantages of Ethereum | Disadvantages of Ethereum |
|---|---|
| ✅ 100% anonymous and private transactions | ❌ Crypto markets are highly volatile |
| ✅ Very secure transactions | ❌ Can be confusing to purchase ETH for the first time |
| ✅ Instant deposit and withdrawals | ❌ Deposit limits can be high |
💰 Are Casino Bonuses Available if Depositing with Ethereum?
When it comes to casino bonus offers, especially welcome bonuses, cryptocurrencies are some of the best deposit options available. Not only will you be able to claim great offers like doubling your first deposit or a number of free spins, but you might also find exclusive crypto bonuses.
However, it's hard to encounter an Ethereum casino no-deposit bonus as such offers are hard to come by. Below, I've listed some of the best bonuses you can claim at the best Canadian online casinos that accept Ethereum:
| Ethereum Casino | Casino Promotion |
|---|---|
| LegendPlay Casino | 100% up to $750 + 200 Free Spins |
| Golden Star Casino | 100% up to $1,500 + 300 Free Spins |
| Playfina Casino | Up to $1,460 Bonus + 600 Free Spins with Secret Bonus |
| Jet Casino | 300% Bonus + 500 Free Spins |
| Vegaz Casino | 250% Up to $1,000 Wager-Free Bonus + 150 Free Spins |
🏦 How we Rank Ethereum Casinos
My casino ranking system looks at various factors to decide which real-money Ethereum casinos are the best and worth creating an account with. Besides accepting Ethereum payments, a casino should also tick the box in at least the following areas:
- Casino licence and security
- Banking limits and payout timeframe
- Selection of Games
The first thing on my checklist is always the casino's licence. If the operator has a valid gambling licence and certifications from testing labs like eCOGRA, which verify the fairness of the games, I can safely recommend the casino.
Next, I always check the casino's pay-out policy to see how fast transactions are processed. With Ethereum, withdrawals should be paid instantly or within a few hours. Finally, casinos with a great game selection and live sports betting available always rank higher on the list.
🆓 Is Ethereum Free to Use?
Ethereum transactions are free because it's a decentralized payment service, so you don't need to pay transactions, wallet, or account fees. However, acquiring it can incur some fees. You may need to pay a miner fee when buying ETH, but this depends on the cryptocurrency exchange or wallet you're using. The best Ethereum casino gambling sites won't charge additional fees when depositing or withdrawing money via ETH.
🔐 Is Ethereum Safe and Secure?
Ethereum is a very secure way of handling casino payments, and many players prefer to stick to crypto payments like these because of the privacy of the transactions. The only information you need to provide when making a deposit is your ETH wallet's address, so you don't have to use your online banking or bank card details to effect payment.
📲 Ethereum Casino Mobile App
Ethereum wallets always have a mobile app you can download. It's a safe way to store and use ETH for casino transactions. It's important to choose a good crypto wallet that offers the right security features like biometric login and data encryption. Some sites will also offer Ethereum casino apps or Ethereum casino mobile-friendly platforms you can use.
Below are some pros and cons that typically come with an Ethereum wallet app:
| Pros of Ethereum App | Cons of Ethereum App |
|---|---|
| ✅ Enhanced security with biometric features | ❌ Fees may apply |
| ✅ Available for iOS and Android devices | |
| ✅ Manage your gambling funds easily |
🏦 Alternative Payment Providers
Although cryptocurrencies are very popular, not everyone understands how they work or wants to try an unfamiliar banking method. So, if Ethereum isn't for you, I recommend one of these more traditional payment options that are just as secure:
- Visa/Mastercard: Credit/debit card payments are always a good option, although they don't offer any anonymity. However, they're easy to use since most of us already have a bank card that can be used for online payments.
- PayPal: PayPal is a popular e-wallet accepted at many Canadian online casinos. You can use it to make secure deposits and withdrawals without disclosing sensitive information.
- Interac: Interac is accepted at nearly every online casino in Canada because it's a Canadian-based payment service linked to most banks. It also supports deposits and withdrawals with low fees and a very simple payment process.
⚖️️ Our verdict on Ethereum Casino payment method
If you prioritize anonymity and security, I recommend considering Ethereum. Ethereum has transformed online casino gaming. ETH may be safely kept with user-friendly mobile apps, allowing for easier payments and withdrawals. It also offers the benefit of paying without fees and claiming great bonuses with your deposit. The availability of mobile-friendly Ethereum casino apps improves accessibility and allows players to have a more dynamic gaming experience.
❓ Frequently Asked Questions about Ethereum Casinos
What is Ethereum?
Ethereum is a digital currency that uses decentralized blockchain technology.
Can I use Ethereum at online casinos?
Yes. You can use Ethereum at any cryptocurrency online casino.
How long do casino transactions take when using Ethereum?
Transactions via Ethereum are usually instant, although withdrawals may take a day or two at some casinos.
Is Ethereum secure to use when gambling online?
Ethereum is a very safe payment method for online gambling, and it's also 100% anonymous.
Are there any fees for using Ethereum at online casinos?
While casinos don't normally charge fees for using Ethereum, you will incur fees when purchasing ETH.
Kayleigh reviews online casinos and sportsbooks while coordinating training initiatives for new recruits at Casimoose.ca. She excels at sharing her love for the iGaming industry and puts her past experience to good use. With a background working for the biggest gambling brands online and a strong analytical ability, Kayleigh developed a natural gift in breaking down each component of online casinos, betting sites as well as their offerings and hasn't looked back. Outside of Casimoose, she's a proud Ontarian with a love of sports and entertainment.