Making Ethereum Deposits and Withdrawals

If you are new to Ethereum, you probably have some questions about making deposits and withdrawals using this cryptocurrency. Fortunately, we have some information here that should make life easier if you are considering using the Ether virtual currency at one or more online casinos.

Number one – get a wallet

You will need an Ethereum wallet to help you manage your currency. You can hold virtual coins in the wallet, and then use them to make payments into your casino account (or anywhere else that accepts this currency). You can also withdraw into your wallet if you have won something at a casino and you want to use this method to make the withdrawal.

Top tip – check the instructions at the casino you are visiting

This is by far the best way to make sure everything runs smoothly. Most online casinos have a banking page, as well as plenty of information on how to deposit and withdraw to and from your account. Follow the guidance given for Ethereum and everything should run smoothly.

Make sure you have Ether in your wallet

You can buy Ether in several marketplaces online, so to get started, make sure you do just that. Once you have the currency available, you simply opt to make a deposit to your chosen casino in this currency instead of by using a credit or debit card, or other payment method. You should still get a bonus if you are new to the site, and this would be paid in Ether, so it will be added to your account.

Withdrawing to your wallet

Just follow the instructions given to send the currency from your casino account into your wallet. Since both deposits and withdrawals of Ethereum work according to smart contracts, these processes are very secure and often way faster than if you were to use other currency or payment options.

The most important thing is to use a casino that has a good track record, and that already offers other cryptocurrencies such as Bitcoin. If they have a good record of maintaining those, and paying out to players, you should be just fine using the Ethereum option, too. We’ve got all the information on the best casinos offering Ethereum, so you can make Ethereum deposits and withdrawals with confidence.

All that remains is to start playing so you can enjoy the very best experience online casinos – and Ethereum – can offer.