Live Casinos accepting Ethereum & overview of fees

Ethereum is a cryptocurrency, working on the basis of smart contracts. It’s the second largest cryptocurrency in the world by market cap. Even though Ethereum is more interesting is sort of fuel for applications to run, it has also been rapidly growing in the gambling industry. You can learn all about it by visiting their official website at www.ethereum.org

Making Deposits With This Method

Ethereum deposits are simple and can be compared to Bitcoin. Deposits are instant and minimum/maximum limits vary greatly depending on the casino site of your choice. Generally the minimum is 0.01 ETH.

Making Withdrawals With This Method

Generally, there’s no withdrawal fee for ETH which is one of the main benefits for using it. The funds should arrive within 1 hour if you are playing at mBit Casino, but overall these vary depending on the brand you have chosen. Sometimes the transactions can be as slow as 24 hours.

Ethereum is not really meant to be a P2P currency like Litecoin, Bitcoin or even Dogecoin (started out as a joke). Unless you managed to fall into a fortune of Ether and want to take a risk by gambling with it, we’d recommend choosing the aforementioned crypto currencies.

Note that Bitcasino does not directly accept Ethereum deposits, but you can deposit ETH or just about any crypto coin out there by using their direct integration with Shapeshift.