Ethereum-online-canada-casino-payment

Get the best Ethereum casino bonus!

For those curious if Ethereum users receive the same casino bonuses as those who use traditional casino payment methods, they do. All the bonus offers remain the same. In fact, using Ethereum at online casinos in Canada may make players eligible for exclusive bonuses offered only to crypto-users – so, extra bonuses! 

What is an Ethereum casino? 

An Ethereum casino is simply an online casino that allows for financial transactions with the Ethereum cryptocurrency. When using Ethereum at casinos in Canada, players do not need to share their personal details the way they do when using traditional methods of payment, making Ethereum ideal for players who want to play anonymously.

What is Ethereum and is it safe? 

Ethereum is a type of cryptocurrency that can be purchased at online exchanges. Cryptocurrencies, like Ethereum, are incredibly safe and secure, as they use a decentralized network that leaves no trace of who the exchanges took place between. It maintains users’ complete anonymity and therefore their safety.  

Is it safe to play at an Ethereum casino? 

The most significant factor players need to know to confirm that an Ethereum casino is safe to play at is whether it has a proper casino licence. A licensed casino ensures the operator is held to security standards that ensure players’ safety. Whether you want an Ethereum casino or not, you certainly want a licensed casino.

That’s why we only write online casino reviews about casinos that are licensed. So, if you stick to our recommendations, you will also stick to Ethereum casinos that are 100% safe. 

Is it different to play casino games with Ethereum?

Players have access to every game at an Ethereum casino, just as they would with other forms of payment. There is no difference. Online slots are ready for spins; table games are ready for bets; and the live casino is ready for table talk!  

How to use Ethereum at a crypto-casino?

Before you can play with Ethereum at an online casino in Canada, you’ll obviously need to purchase some. Ethereum can be purchased at numerous online crypto exchanges. You’ll also need a crypto-wallet to hold the Ethereum, which you can download for free. With fresh Ethereum in your wallet, you can deposit at a casino, play, and then, with some winning, you can withdraw the Ethereum.

Depositing Ethereum 

  1. Log in to your online casino account.
  2. Click the “Deposit” button, typically located in the top right. Otherwise, click on your account name/profile and then select “Deposit” there. 
  3. Select Ethereum from the list of available crypto payment options.
  4. Enter the deposit amount.
  5. Enter your wallet’s address.
  6. Click “Deposit” to continue, and the funds should appear immediately in your account. 

Withdrawing Ethereum

  1. Visit your account/profile page. 
  2. Select the withdrawal option.
  3. Select Ethereum from the list of available payment methods. 
  4. Enter the withdrawal amount.
  5. Enter your wallet address into the requested field.
  6. Click “Withdraw” to finalize the request, which can take up to 5 business days to process. 

Fees when depositing and withdrawing at an Ethereum casino

When completing Ethereum transactions with a casino, you usually won’t have to worry about any fees from the casino itself, certainly not for depositing. Some Ethereum casinos do add fees for withdrawals with crypto, but this is not a standard practice.

Solutions to common problems when using Ethereum 

Using Ethereum at online casinos in Canada is a smooth experience, but that doesn’t mean issues cannot arise. To help solve the most common issues, we’ve collected the best solutions we can find: 

  1. I can’t make a withdrawal with Ethereum.

Online casinos usually require players to use the same withdrawal method as they deposited with. So, be sure to deposit with Ethereum first, if you want to withdraw with it. 

If you already have deposited with Ethereum, then ensure you have met the casino’s wagering requirements, as casinos will not process withdrawal requests if these have not been satisfied. A part of this is ensuring you have also wagered all of your deposited funds enough to meet the casino’s money laundering policies (typically 1x).

If you are still unable to withdraw with Ethereum, then you will need to contact their support team.

There’s usually no need to worry if you don’t receive your funds right away. Withdrawals have to be processed by the casino first, which can take up to five business days in some cases. Typically, cryptocurrencies like Ethereum process very quickly, so it would be rare to take five days. Certainly, if it has been more than five days, then contact the casino’s customer support.

Pros and cons of using Ethereum

Let’s take a look at the pros and cons of Ethereum. We’ll begin with a more general list, then follow by comparing it to other crypto options, and, finally, we’ll look at how it stands up to more standard payment methods like Visa and e-wallets. 

ProsCons
It’s one of the more popular cryptocurrenciesThe value can be volatile
Widely accepted at crypto casinosTransactions are impossible to reverse 
Secure deposits and withdrawalsNot always accepted
Provides complete anonymity 
Fast withdrawals
Playamo crypto payments Canada
Playamo crypto payments Canada

Ethereum vs. other cryptocurrencies

After the success of bitcoin, cryptocurrencies began being released in large numbers. Ethereum remains one of the most popular to this day. In many ways, they all function in the same way, but there are some small differences. Ethereum offers smart contracts, a decentralized blockchain network, unchangeable transaction records, and fast transactions. It stands out for having a more stable value than most of its peers.

FeaturesEthereumBitcoinRippleDogecoin
Widely accepted✔✔✔✔✔✔✔✔✔
Fast transactions✔✔✔✔
Secure network✔✔✔✔
More stable value✔✔✖✖

Ethereum vs. classic payment methods 

Firstly, and probably most importantly, Ethereum withdrawals are much faster than both credit card and bank transfers, and usually faster than e-wallets. Additionally, players don’t have to share any financial or personal details with the casino to complete the withdrawal.

FeaturesEthereumVisaPayPalBank Transfer
Widely accepted✔✔✔✖✔
Fast transactions✔✔✔✔✔✔✖
No need to share financial details✔✖✔✖
Low fees✔✔✔✖

Ethereum is an excellent option for online casinos 

Ethereum is a popular form of cryptocurrency in Canada and is a common payment method for players to use at online casinos. New crypto-casinos are also regularly being launched, to accommodate the increased popularity of crypto. Players will always find plenty of Ethereum casinos in Canada.

If you’re looking for a payment option that’s fast, reliable, secure, and completely anonymous, then Ethereum may be the right one for you.

Frequently Asked Questions

Ethereum is a popular form of cryptocurrency in Canada.
Yes, it’s fully legal to buy and use Ethereum in Canada, including playing at online casinos.
Yes, all the regular bonuses are available to Ethereum users. In fact, some crypto-casinos, like some of those we recommend, have exclusive bonuses for crypto-users only.
Yes, Ethereum is certainly one of the more popular and widely accepted cryptos at online casinos in Canada. It is one of the most stable cryptocurrencies.
Ethereum withdrawals are usually very fast, sometimes instantaneous. At other times, though, they can take up to 5 working days to process. It depends on the casino.
Yes, as long as the casino is licensed by a recognized gaming body, the crypto-casino is safe to join.
Author
Peter
Casino Content Writer
Peter is a Canadian content writer with over six years of experience in the iGaming scene. During this period, he has covered content for numerous markets, including the Canada, US, and UK. He uses his knowledge to provide accurate and detailed iGaming content for CanadaCasino. When taking a break from writing, he enjoys playing Call of Duty with his team.

Your casinos will be cleared

Are you sure?