As in a traditional online casino, Ethereum has almost the same aspects and characteristics in the website design, software, games, bonuses and promotions and in customer service.
Therefore, you will feel comfortable playing in Ethereum casino in your favorite games such as roulette, blackjack, video poker or 3D slots and you will also have no delays in deposits or payments since it is instantaneous.
Most of these online casinos offer fair play, it’s called Provably Fair. In other words, all players can check if the game was fair and legal. This means that Ethereum online casinos cannot cheat and / or mislead you.
Bonuses and promotions
Ethereum casinos also offer welcome bonuses and other promotions in the same way as “traditional” online casinos. Although it should be clarified that all bonuses, just like online casinos, have a specific requirement. It means that you have to bet a certain amount of times before using the bonus. This is done because some “smartass” want to exchange the bonus for money without playing.
Is it legal to play in Ethereum casino?
This matter is very complicated and confusing. In general we can say that it is legal. But some details need to be clarified. Ethereum is not the physical currency it is virtual, and therefore in the gambling laws of many countries there is a legal “loophole”. It all depends on the country you live in. For example; In China, the policy of gambling is very strict, there is only the only form of gambling which is the lottery. The rest are all illegal.
Another example; in India, on the contrary, there is no law that regulates gambling. In the United Kingdom although the law does not contemplate Ethereum as the currency, but it allows online casinos in the United Kingdom to operate with this cryptocurrency, offering its players a form of payments and withdrawals without complications.
In the United States, the situation is still very confusing when it comes to gambling. Transactions between online casinos and banking entities are prohibited. But you cannot be arrested and charged for gambling at an online casino. The only way for US players is to gamble at foreign online casinos.
The tax headquarters of these casinos are mostly in the Caribbean islands. Online casinos for US players generally accept almost all forms of payment and obviously with Ethereum as well. In summary: there is currently no law that indicates that gambling in an online casino with the virtual currency Ethereum is an illegal activity.
Advantages and disadvantages of using Ethereum in online casinos
Well, we more or less have the idea of the cryptocurrency Ethereum. Now we will talk about the pros and cons of choosing an online casino that accepts payments with Ethereum:
Ethereum casinos do not ask you to provide personal information, you can register at any online Ethereum casino in the world. You can transfer the money without revealing your identity.
Ethereum is a very secure payment system, we will always have peace of mind, knowing that when making deposits or withdrawals of our money, transitions are protected and supported.
By having the decentralized model, the fees for transferring Ethereums are very low, which means a great advantage for online casino players.