Online casino gaming has come a long way over the years, and especially in Canada. An example of this is the fact that gamers can play their favorite releases using cryptocurrencies. The crypto casino gaming trend is also quickly growing in Canada, thanks to the availability of online casinos that accept Ethereum.
Choosing to use Ether means you can quickly fund your account and receive payouts, all without having to worry about your transaction details getting into the wrong hands.
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How to Play at Ethereum Casinos?
|Available in:||Over 100 countries|
|Best Ethereum Casino:||CasinoChan|
An Ethereum casino is a site that offers Ethereum as a payment option. As such, you'll need to have a crypto account that has Ether. There are several crypto wallets out there that can process Ethereum. Examples include Kraken, CEX.io, Coinbase, and CoinMama, among others.
Choose a wallet you're comfortable with and create an account based on the information requested. With most service providers, there will be a brief verification process conducted through the phone. If you pass this, then your crypto account will be ready for use.
To use Ether for your gambling activities, you need to fund the crypto wallet. To do this, you'll need to deposit FIAT currency into your crypto account. The process can be done using bank transfers or your credit card.
- Enter your FIAT account details
- Specify the amount you'd like to deposit to your crypto wallet
- Confirm the transaction
Once the FIAT funds become available in your crypto wallet, convert them into Ether. You can convert the entire amount or part of it into Ether. From the conversion menu:
- Select Ether as the cryptocurrency
- Input the amount to convert
- Confirm the conversion
Once complete, you'll have Ether in your account that you can use at an Ethereum casino.
Ethereum Casinos Bonuses for Canadian Players
While at an Ethereum casino, you can look forward to claiming bonuses like every other casino gamer. That's especially if the platform you visit converts your Ether to FIAT currency to enable wagering.
You can, therefore claim match deposits or even free spins for funding your account with a specified amount. The match percentages awarded vary at each platform. Also, the value of each free spin gets determined by individual casinos.
Ethereum is a unique payment option like Bitcoin. So, you may even find casinos giving tiered deposit matches for new members while existing members at the Ethereum casino receive cashback offers.
Ethereum Casinos Transactions Explained
|Is Ethereum legit in Canada?||Yes|
|Ethereum Deposit Time:||5 minutes|
|Ethereum Deposit Limit:||Established by casino|
|Ethereum Withdrawal Time:||12 hours|
|Ethereum Withdrawal Limit:||Established by casino|
|Ethereum Transaction Fee:||Yes|
|Ethereum Transaction Time:||5 min – 4 hours|
Since Ethereum isn't a FIAT currency, you'll find some casinos do not allow wagers using Ether. That means the amount of Ether in your casino account has to get converted into Canadian Dollars, or any other currency used on the platform. Once done, you'll then be able to wager. However, by doing this, you'll likely have fewer funds than what you deposited. That's based on the prevailing exchange rates on Ether.
That aside, players can comfortably make Ether transactions for online gambling in Canada. That's so long as it isn't a transaction on casino sites run by operators in the region.
Depositing with Ethereum
Start by ensuring that your crypto wallet is already funded. Then look for an Ethereum casino and create your user account. Once complete, navigate to the cashier section.
- Click on the Deposit menu. From the list of available options, choose Ethereum.
- You'll then get redirected to the Ethereum payment gateway. Type in the amount you'd like to deposit.
- Confirm the transaction and wait for the deposit to reflect in your casino account balance.
Withdrawing with Ethereum
When you'd like to withdraw, log in to your user account. Click on the cashier section and make sure your withdrawable balance meets the minimum withdrawal limits at your chosen casino. Keep in mind that any deposited funds that haven't been wagered cannot be withdrawn.
- Click on Withdraw
- Choose Ethereum from the list of withdrawal methods
- Input the amount you'd like to withdraw
- Confirm the transaction and wait for your funds
Canadian Online Casinos Accepting Ethereum
Summing Up Thoughts on Playing Ethereum Online Casinos
There are a lot of benefits that come with choosing to play at an Ethereum casino. Besides the fact that you can make real money wagers on several games, this option gives your transactions an extra layer of security. And since fraud is so rampant on online platforms, being safer is better. As a plus, you can also claim bonuses like any other player, and your transactions attract no fees.
Ethereum Casinos FAQ
What are Ethereum casinos?
- Ethereum casinos are online gaming sites that accept Ethereum as a payment option. That means that instead of making deposits and withdrawals using FIAT currencies, you can use Ether. All that's necessary is for your chosen platform to have crypto wallets.
Are Ethereum casinos safe and legal?
- Yes, they are. In Canada, online casino gaming by operators within the country is illegal. However, players can access overseas gaming sites legally. As such, it's perfectly legal for players to access overseas Ethereum casinos using Ether for their wagers.
How to withdraw my Ethereum earnings from a casino?
- Once you're ready to request a payout, visit the cashier section at your chosen casino and click on the Withdraw option. In most cases, the crypto wallet you used to deposit will be the same one you use for payouts.