July 14, 2021 | 1008 Views
Online casinos have been allowing Bitcoin as a payment option for a long time. But now, they’re practicing other cryptocurrencies, too. Ethereum is one of the most famous altcoins accepted at online casinos. It’s currently the second-biggest cryptocurrency in the market cap behind Bitcoin. Ethereum is, first and foremost, a decentralized platform that allows various parties to execute innovative agreements with each other. But it can also be used as digital money at online casinos. Given that Ethereum is so famous at gaming sites, you can find loads of ETH bonuses throughout the industry. Considering you’re interested in taking advantage of these bonuses, you can learn more about Ethereum bonuses below.
ETH casinos provide a large variety of bonuses. Here are the different types of bonuses that you can profit from when gambling with Ethereum.
A deposit bonus matches a section of your deposit. You get to cash out the exclusive bonus upon meeting terms and conditions.
With a no deposit bonus, you receive compensation for completing registration. It can come in the form of either cash or free spins.
Free spins enable you to play real money slots for free. You’ll receive a certain number of free spins and, you can use them to generate winnings.
Cashback allows you to earn back a certain amount of your losses. It covers a short amount of time, ranging from a few days to an entire week.
When it is your first time playing at a live dealer casino, you might be eligible for a free bet. It allows you to earn back losses arising from a losing wager.
Like any online casino, ETH gaming sites allow you to earn VIP rewards. Typically, you’re automatically enrolled in a casino’s loyalty program shortly after depositing. From here, you win rewards points by placing real money wagers. The higher your betting amount, the more rewards you tend to gain. You can do the following after receiving your reward points:
If you know to gamble, then you’re likely aware of one or more of the bonuses. As a result, you may experience little trouble moving from regular to Ethereum bonuses. However, the ETH currency requires a significant change when considering casino bonuses. It because you aren’t using dollars, euros, or pounds, but rather Ether.
Provided you can make the exchange from dollars to ETH, then you’ll quickly become addicted to Ethereum casinos and bonuses.
You qualify for ETH Casino bonuses similar to the regular casino bonuses. After placing a deposit and inserting the proper bonus code, you’ll be in a queue for an Ethereum bonus. Of course, you have to buy ETH before getting started before capitalizing on these offers. The following steps explain how to purchase Ethereum, deposit it, and take advantage of bonuses.
If you don’t have any crypto, you’ll need to purchase Ethereum with fiat (e.g., USD). Coinbase is one of the most famous fiat-to-crypto exchanges. Once you’ve settled the deal, you’ll now have funds to play.
Considering you’ve already got an Ethereum casino in mind, you should head to its banking part. In addition, some ETH gaming sites accept multiple cryptocurrencies, including Bitcoin, Litecoin, and Bitcoin Cash. But, of course, you only need to worry about Ethereum. Upon selecting the ETH, you’ll create a wallet address. This address serves as the receiver for your transaction.
This part involves going back to the casino where you obtained the ETH. At the exchange, you click on the “send” option. Next, you must determine how much you’d like to deposit along and enter the wallet address. Make sure that you have an accurate address. You’ll lose your money by transferring it to the wrong place. The last step is to validate the transaction and send the funds.
You’ll have to meet terms and conditions before withdrawing an Ethereum casino bonus. Of course, the terms and conditions that you must satisfy vary based on the gaming site. Nevertheless, you can generally rely on meeting the following terms at most casinos.
Playthrough is an essential part of making any casino bonus. It defines how much you’ll need to bet before withdrawing bonus funds. So, naturally, you want to attempt for the lowest rollover possible. This way, you don’t need to wager much more before cashing out.
Online casinos only provide you so long to meet rollover. You may have from 40 to 90 days to complete a playthrough. The time limit starts after you initiate the bonus. Then, you must visit your account to activate the offer and begin managing your rollover.
Some online gaming sites require a bonus code before qualifying for the offers. These codes usually include a word followed by numbers. These codes show the casinos which bonus you’d like to earn. After that, you want to check if a bonus code is required before you deposit.
Casinos offer bonuses to help you to keep playing their games. They don’t, however, like it when you make big bets to clear rollover faster. As a result, gaming sites restrict how much you bet with an active bonus.
Here is a list of some of the Best Online Casinos out there that accept Ethereum. We request you to go through the Terms and Conditions since they tend to update every time.
Ethereum casino bonuses have many similarities with regular bonuses. For example, they usually consist of the same types of offers and feature standard terms and conditions. So, you should experience no problem when moving from classic bonuses to the Ethereum variety. The most important thing you need to know is the currency variations. As long as you can make these exchanges, you’ll have a good grip on what kind of bonus money is available. You’ll also have a better grasp on how much your bets are worth.