Making Online Casino Deposits and Withdrawals with Ethereum
Ethereum is the name of the community-run technology powering thousands of decentralized applications and the cryptocurrency Ether (ETH).
You can explore Ethereum fully if you visit ethereum.org. It is a brand new and fast-growing technology that has given rise to applications, global payments, and digital money.
Ethereum is open to all, which makes it an ideal deposit and withdrawal method at Australian casinos.
Read the following article to learn more about using Ethereum as an ETH casino payment method: its pros and cons, way of working, best games to play at, and so on.
Ethereum Casinos Overview
Finding Ethereum real money gambling sites that accept Ethereum casino players from Australia isn’t difficult thanks to the efforts of our experts. They spend most of their waking hours vetting Australian casinos that accept Ethereum as a casino payment method.
Browse my list of the best Ethereum casinos for real money in this article and sign up for the one you like best. In addition, I will also tell you more about the way Ethereum works, the kinds of bonuses and promotions you can get there, and how you yourself can choose a casino independently from me.
We check each Ethereum casino for the following factors before listing them:
Licensing & Ownership
We list online casinos belonging to financially stable companies, which have received licenses in reputed gambling jurisdictions.
Software & Games
Our listed online casinos offer thousands of pokies, table & card games, and video poker games from well-known vendors.
Promotions & Bonuses
We recommend online casinos offering plenty of bonuses, promotions, and tournaments.
VIP Club & Loyalty Rewards
Expect plenty of loyalty rewards at the Ethereum online casinos we recommend.
Fast Deposits & Withdrawals
Deposits and withdrawals are fast at the Ethereum online casinos we recommend.
Choose an Ethereum online casino from our lists with confidence, sign up, and get your first deposit bonus.
Ethereum vs. Other Cryptocurrencies
What makes Ethereum stand apart from the rest of the crowd? The following table lets you know:
Banking for all
All you need is an Internet connection to access Ethereum's borrowing, lending, and savings products.
You can use Ethereum without providing personal details.
Use Ethereum to receive and transfer funds without any intermediaries.
No financial institution or government controls Ethereum. You can, therefore, legally use Ethereum as a funding and withdrawal option in Australia.
The native cryptocurrency of Ethereum is Ether (ETH), enabling you to send and receive something of value.
ETH is cryptography secured, which makes your Ether wallet, Ether tokens, and transactions safe and secure.
You don't have to buy entire Ether tokens as one ETH can be divided by up to 18 decimal places.
After reading what I have to say here, you could easily choose fully anonymous Ethereum casinos from the list, sign up, and get your first deposit bonus or any other one that the casino has prepared for you.
Why choose Ethereum online casino
Many people throughout our planet are now showing their interest in the crypto gambling world, especially in crypto casinos that accept Ethereum. Why is it so?
Well, different types of cryptocurrencies, Ethereum included, are providing people with the type of anonymity and security that traditional bank accounts cannot. When choosing Ethereum, there would not be any mediators between you and the casino, which means that no personal data could be leaked.
And as the whole process of depositing and withdrawing money to the top Ethereum casino sites or any other place is done online, it is always much faster. This can also be explained by the fact how many transactions are made with the help of traditional cards, so it is only logical that the waiting period for a transfer to take place will be much longer with debit cards.
What is more, you most probably will not meet any transaction fees when making a transfer via cryptocurrencies, and their amount of restricted countries will be much lower.
If you want to learn more details about Ethereum casinos and crypto payment methods, then please read further, as it will only provide you with more information that will help you make up your mind about Ethereum casinos.
Top-3 best Ethereum casinos for Aussies
Ethereum became one of the most widespread payment methods throughout the world, Australia included. Because of that, I understand why it might be hard for you to decide which ones are the best Ethereum casinos.
With that in mind, this part of the article was created, so that you would not waste much of your time searching for an ETH casino. I believe that my gambling experience allows me to make some conclusions on the variety of casino sites presented nowadays, which is why I am certain that my top-3 Ethereum casinos will satisfy your needs.
● The first on the list of the best Ethereum casinos is Cloudbet. In this Ethereum casino, you will get a 100% welcome bonus of up to 5 Bitcoins and be provided with a wide range of different cryptocurrencies to play with, Ethereum and Bitcoin included.
In addition, Cloudbet has a Curacao license and all of its casino games are provably fair. You can always be sure that your withdrawals will be processed within a few minutes at this Ethereum casino. Aussies will definitely like the variety of slot games present at Cloudbet.
● Another great Ethereum casino site is called BC.Game, and it will provide you with 50 different cryptocurrencies that you can use to make deposits and withdrawals, Ethereum included!
Having a Malta gaming authority license, you can be sure of the game selection and reputation of this ETH casino, as you can even remain anonymous when creating an account and making a deposit with some kind of cryptocurrency. And in addition to that, BC.Game casino site will provide you with a great VIP program that has a lot of different levels and bonuses for its loyal players, as well as with the sports betting section if you are interested in that.
● The last crypto casino site that I have on my list is Thunderpick. When registering at this Ethereum casino, you can be sure to get a generous 5% welcome bonus that can go up to 500 euros of your first deposit.
When starting an Ethereum gambling process at this crypto casino, you will see a lot of great odds that you can make on any one of the major events that the casino is supporting, as well as have an opportunity to play at almost 2 thousand slot games, talk with other gamblers in seven chats that support different languages, and gain a certain VIP level that will grant you some perks.
How to pick the best Ethereum online casino?
You will be glad to find out that almost any casino can be chosen with the help of a particular list of things that you should check, and Ethereum and other crypto casinos are no exception.
The main thing that everyone should do when choosing the best Ethereum casino (or any other one) is check whether or not it has a license. This is a crucial point that you should not skip because there is almost no other way of making sure that the online casino games will be fair and that the casino itself will pay back what they owe you.
Of course, you could also read the Ethereum casino reviews, but who knows whether they can be trusted? Another thing that you can do is ask your friends around, but what should do those people that do not have friends with an online casino gambling experience? As you can see, in any case, checking the license is better than reading good Ethereum casino reviews or asking your friends.
What is more, your friends might just happen to have a good experience in one of the non-licensed casinos, but this does not mean that you will have the same luck.
After checking the licensing, you are free to see what the ETH casino has to offer to you, and whether or not it complies with your desires. For example, some people will need to have a great variety of their favorite casino games present, so that they would not get bored too fast or even will have an opportunity to find live casino games that they have not yet played.
Others will definitely want to see lots of Ethereum bonuses and promotions such as loyalty programs. And yet another group of people, newbies for sure, will need to have an opportunity to play in a free game mode or participate in sports betting.
All in all, here is what you should do: check the casino's license, read some reviews about it, and look for the things important to you in there, such as Ethereum and other payment methods, lots of bonuses, a wide casino's game selection with sports betting, live dealer games, and so on.
Pros & cons of Ethereum online casino
Using Ethereum is not without cons, although the pros far outweigh the cons. And what is the point in hiding these disadvantages from you? You still will find out about them later, so why not learn about them right now and finally make up your mind about Ethereum as a payment method!
● One of the main advantages of Ethereum for ETH casino sites is the level of anonymity that it provides to you. The only party interested in your personal information when making deposits and withdrawals is the Ethereum casino itself. Other than that, as no financial institutions are involved in this process, no third party will know about your transactions, only the system, the Ethereum casino, and you.
● The second important benefit that you get when online gambling with the help of Ethereum is the speed of your transactions. In comparison with bank transfers or simple Visa cards, you will get your money almost instantly.
● The third pro of the best Ethereum casino sites is about taxes. Even in the countries that oblige you to pay a fee from your online gambling income, no one will know about it if you transfer the money back to Ethereum wallet and do not turn it back to fiat currency and return the sum to your traditional account. So as long as your money is staying on your ETH account, no fees will be taken from you.
● This can be of especial importance for those people that are really invested in Ethereum and do not constantly transfer the money back to a debit card.
● In addition, you will not receive any transaction fees from the side of Ethereum, and the deposit and withdrawal limits made to Ethereum casinos will be much widened.
Benefits of paying by bitcoin in online casinos in Australia
And similarly to Ethereum, Bitcoin casino games will provide almost the same benefits as the ones at the best ETH casinos.
I already mentioned that Bitcoin itself is similar to Ethereum, as any other cryptocurrency would be: their mechanisms of work are almost identical, which is why playing with Bitcoin cash will be beneficial to you in the following ways:
● Higher anonymity of your transactions
● Transfers are made in a completely online mode
● The speed of the transactions is instant
● A greater possibility to escape the burden of paying taxes
● The limits of deposits and withdrawals are much widened
● As for the cons, there are not so many of them, but I am still going to tell you about them.
● The first one is about security. Although, in most cases the security of transactions made with Ethereum is higher than that of traditional casinos and currencies, there were quite a few cases of some bugs in the code and hacks that happened because of that.
● In addition, Ethereum is more prone to inflation. In comparison with Bitcoin, you cannot be sure whether or not Ethereum will deflate. And as Ethereum is a multifunctional blockchain, whereas Bitcoin's only purpose is monetary, it is more susceptible to breakdowns.
● And the fees of transactions for Ethereum always differ, which might make it harder for you to make any transfers.
These disadvantages are in general widespread within any type of cryptocurrency, and while they are trying to become more constant and reliable, all we can do is either learn to gain from their fluctuations or wait for the process to become more flawless.
How does an Ethereum work
Ethereum is a programmable blockchain that allows you to transfer some money either into your own account or into another place of your preference.
Ethereum is quite similar to Bitcoin in a way that it also allows you to turn your fiat currency into cryptocurrency and use it without any mediators (as it is a program, not an organisation or a human), but Ethereum can be used for much more than that!
What is more, it can even be used for Bitcoin, as well as for different non-fungible tokens, apps, Bitcoin casino games and best Ethereum gambling sites.
Aside from being a programmable blockchain, Ethereum is also a cryptocurrency, and there is absolutely nothing complicated in using or creating it.
Basically, all that you would need to do is choose a digital wallet, download it, make your own account there, and transfer your traditional money to this wallet. After that, you can easily turn it into Ethereum and use it however you would like to!
How to play at Ethereum Online Casinos
The Ethereum gambling process at the casino will not differ much from any other: in any one of the online gambling sites, you will have to register (if you want to play for real money), prove your identification, make a deposit, claim any bonuses and promotions, choose a game and start playing in it.
The only things that will differ are your deposit and withdrawal processes.
Here are the simple instructions to use Ethereum as a deposit method at Australian online casinos:
● Set up an Ethereum wallet and load it with ETH purchased at any crypto exchange using fiat currencies.
● Choose the best Ethereum casino from our list and create an account.
● Visit the online casino's banking section and choose Ethereum as your deposit option.
● Receive the online casino's Ethereum wallet address.
● Transfer ETH from your Ethereum wallet to the online casino's Ethereum wallet.
● Ethereum transfers are instant, enabling you to start the Ethereum gambling process in a few minutes.
As for withdrawals, making Ethereum withdrawals is just as easy as making Ethereum deposits, and you can see it for yourself:
● If you have claimed any bonus, clear it before requesting an Ethereum cashout.
● Verify your account details if required.
● Head over to the banking section and choose Ethereum as your cashout option.
● Provide the address of your Ethereum wallet to the online casino.
● Your winnings will arrive in your Ethereum wallet in 0 - 24 hours.
● You can withdraw them to your bank account in fiat currencies.
And that is it. Yes, depositing and withdrawing with Ethereum is just as easy as it would be for other payment methods.
Ethereum Online Casino Bonuses and Free Spins
We haven’t come across any Ethereum casinos rewarding Ethereum depositors with bonuses or rewards. But Ethereum users are eligible to claim bonuses and earn loyalty rewards at Ethereum online casinos.
Check the following table for a list of bonuses available to Ethereum players at Australian online casinos.
No Deposit Bonuses
Ethereum online casinos offer two types of no-deposit bonuses—free spin bonuses and cash bonuses. These bonuses do not require a deposit.
Deposit Match Bonuses
Ethereum online casinos give these away as a percentage match of your deposit amount.
You can claim free spins as a part of promotional offers.
Get back a percentage of your losses up to a certain amount.
Join the rewards program, level up, and earn amazing rewards.
The most common bonuses and promotions that you will see in almost any trustworthy Ethereum casino are the following: welcome bonus, free spins, and no deposit bonus. Now, let me talk about each one of these Ethereum casino bonuses.
A welcome bonus is probably the first promotion that you will be given in any Ethereum casino. With the help of a welcome bonus, you can multiply your deposit win by a certain amount stated by the casino and even use some free spins at the same time! Basically, a welcome bonus is given out to the people that have just registered at an Ethereum casino (or any other one).
Free spins are the second most common bonus in the best Ethereum casinos. The free spins bonus allows you to not deposit any bets on your pokie games and make a certain amount of spins for free. Sometimes you can find this bonus separately, other times it will be given to you as a part of a welcome bonus or even during your gaming process in slot games.
And the third most popular promotion is the No Deposit bonus. This one is similar to free spins, but no deposit bonus, as you could have guessed from its name, creates an opportunity to start the Ethereum gambling process without a deposit in any type of your favourite casino games (or in particular ones determined by an Ethereum casino). Both free spins and no deposit bonus let you play without the risk of losing and only with an opportunity to win.
However, No Deposit bonuses are a rare promotion these days, so you can consider yourself very lucky if you will see one!
Best Games at Ethereum online casino
There are so many different games that you can find these days, in ETH casinos included. And because of that, it is only logical that a newbie might get lost in all this variety and stress about the exact Ethereum games that he or she should choose.
However, not only newcomers to casino games can find it hard to know what is worth their attention, and it might be a problem for professionals as well. For them, as they have already played a lot of different games, it might be difficult to find some new and exciting ones.
So, whoever you are, I think that you will find my list of best Ethereum casino games quite interesting:
● The first name that I want you to see is Hellboy. Based on the eponymous comic book, this slot game's design and graphics, as well as payouts and type of bonuses present will surely satisfy your needs. You will be met with 20 different pay lines, all of which are about real money online gambling. Their minimum deposit is equal to 0.20 coins, and there will be wild and scatter symbols for you to catch.
● Immortal Romance is another interesting slot game that was released by Microgaming. You will be playing with 5 reels that can give you 243 different ways to win. The minimum deposit is equal to 30p, the Chamber of Spins feature will give you 4 free spins, and there is a 5x multiplier for different vampire characters.
● City of Gold slot is based on Aztec history and provides you with 5 reels and 30 pay lines, which, by the way, work both ways, from the left to the right and vice versa! And together with the coolest wild symbols and 95.58% RTP, you can surely try your luck and even win something when playing in the City of Gold.
● Talking about the Cash Vegas slot, you will not find some intriguing story and design behind it, as it is a simple fruit machine, but this game has some of the most appealing free spins, Wild and Staked symbols that you can only find these days! I would say that this Ethereum slots game is the best for a newbie, as you will not be distracted with a design and yet provided with lots of opportunities to win!
● And as for the Ugga Bugga slot, the last one on my list, I can say for sure that your chances of winning will be the highest with this game, as it has an RTP of 99.07 per cent! What is more, a Tiki Jungle game such as this, with 3 reels and 10 pay lines, will grant you an opportunity to win up to 10,000 coins with the help of its bonus features!
So as you can see, there is absolutely no problem in finding great Ethereum casino games. On the contrary, it will be hard for you to choose which one to play!
Frequently Asked Questions — FAQ
Is it legal to use Ethereum as a casino payment method in Australia?
Yes, using Ethereum as a casino payment method in Australia is legal. Online casinos can legally offer Ethereum as a payment method because ETH is not under the control of any bank, government, or financial institution.
This means that you can easily use Ethereum when playing the most popular casino games or any others.
Which is better—Bitcoin or Ethereum?
It depends on player preference. Bitcoin is the oldest and most popular cryptocurrency, and Ethereum follows closely on its heels. But they work on different technological infrastructures, and experts feel that Ethereum is capable of surpassing Bitcoin in market capitalization and price.
Bitcoin is a cryptocurrency, while Ethereum is a community-run network that enables the development of apps on its platform, using Ether (ETH) as its currency.
Can I withdraw bonuses at ETH casinos?
If the bonus policy of your ETH casino allows you to cash out a bonus, you can withdraw the bonus. But you have to first satisfy the bonus wagering requirements by wagering the bonus amount a specific number of times before the bonus expires. This is a common rule for all of the casinos in the gambling industry.
Which is the best Ethereum casino?
All of the ETH casinos our experts' list on this website are the best Ethereum casinos in the gambling industry. We recommend licensed online casinos offering multi-vendor live casino games and generous bonuses and promotions, such as a welcome bonus. Choose the online casino you like best and sign up to start the Ethereum gambling process.
What other cryptocurrencies do Australian online casinos offer?
Australian online casinos allow you to deposit and withdraw with a wide range of cryptocurrencies, including Bitcoin, Litecoin, Dogecoin, Tether, and others. A few of the casinos in the online casino industry offer cryptocurrencies as deposit-only methods, in which case you can withdraw with Bank Transfer.
Where can I participate in Ethereum gambling?
Basically, wherever Ethereum is accepted. Simply find yourself trustworthy ETH online casino sites, choose Ethereum as your deposit method there, and start the Ethereum gambling process. If you do not want to spend your time searching for decent Ethereum gambling sites, then read the article above.
How do you gamble with ETH?
The same way as with other payment methods: go to your gambling account, find payment methods there, choose Ethereum for your deposits and withdrawals, and simply transfer the money from your e-wallet to your Ethereum casino account.
After that, you can either play directly with Ethereum (if your casino allows it), participate in sports betting or exchange this crypto for another currency.
What is the cost of Ethereum?
There is no exact cost of it, it is always changing. Just as when you go to a bank and see an almost always adjusting fiat currency rate, the same will be happening to Ethereum or any other cryptocurrency at your e-wallet.
However, the cost of crypto, and Ethereum included, is much more volatile than that of traditional fiat currencies.
How Do You Buy Ethereum?
For that, you would need to use your e-wallet, to which you would transfer your fiat currency money and exchange it for a particular type of cryptocurrency in accordance with its current rate.
After that, you can easily transfer ETH from your e-wallet to your casino account.
What is a Decentralised Platform?
A decentralised platform allows you to transfer any kind of data, cryptocurrency included, safely and anonymously. It is called decentralised because it does not have any particular place in which it allows users to make a transaction.
If you do not have any restrictions for Ethereum, for example, you can easily transfer it wherever you are and without any of the mediators.
Can Ethereum Be Hacked?
Unfortunately, yes. There were some cases of hacking activity not so long ago, and according to the news, they were made because of some bugs in the code for Ethereum.
So now all that we can do is hope that the problem will be fixed and we will have an opportunity to use this crypto again and believe that the Ethereum gambling process is safe.