As cryptocurrency reaches new heights worldwide, casino sites with crypto-based payment methods have started seeing a lot of traffic in India. In this article, we particularly talk about Ethereum casinos, from their legal status in India to the games and bonus incentives these sites offer.
Top 10 Ethereum Casinos in India
1.
Special promotions
Loyalty rewards
2.
Bitcoin purchasing
Live chat
3.
Five minutes Withdrawals
Bonus based on player avatar
4.
Loyalty bonuses
Discord community
6.
6000+ casino games
Roulette
7.
Crypto payment methods
Loyalty program
8.
Jackpot slots over ₹90 crore
Scratch cards available
9.
Indian payment methods
Live lottery games
What Are Ethereum Casinos?
Casino sites that use Ethereum as a payment method for depositing and withdrawing money for games are called Ethereum casinos. As the cryptocurrency rises in popularity in recent times, Ethereum casinos in India have been picking up some steam with more Indian crypto casinos accepting it as a primary payment method.
Are Ethereum Casinos Legal in India?
Since no law in India bans betting in online casinos, it is entirely legal to play in Ethereum casinos in India. The laws in India make Ethereum a taxable commodity, but there is no problem in buying and using Ethereum.
Is Ethereum Safe?
Ethereum is the second most popular cryptocurrency, just trailing behind Bitcoin. Although the rapidly changing market makes it a risky purchase, it is safe to buy Ethereum. Ethereum has built the foundation for other projects like decentralised finance and non-fungible tokens (NFTs), unlike other cryptocurrencies.
Ethereum is also shifting to a more energy conscious approach by taking out the mining aspect, which consumes an unnecessary amount of electricity. These investments and changes in ideologies show that Ethereum is here to stay.
How to Buy Ethereum in India?
The process for buying every cryptocurrency is the same. All you need is a trading platform with the currency you’re looking for. Ethereum is a famous and common commodity, so most cryptocurrency exchanges let you buy this coin. Follow the guide below to understand how to buy Ethereum:
- Select a trusted and secure crypto-trading platform. Coinbase, for example, is one such exchange that has gained a good reputation in the online crypto-space.
- Fill up the standard details asked for registering an account on the platform. You might also be asked for sensitive information like your driver’s license, but this is just for identification.
- Link your bank account to the platform. The alternative is to use quicker modes of payment, but other methods will limit your purchase and withdrawal amount.
- Search for Ethereum on the platform. It is usually denoted with an “ETH” symbol.
- Enter the amount of Ethereum you want to purchase. Most sites give you a direct conversion in your preferred currency at the time of purchase. Place your order after the selection.
The Ethereum should reflect almost instantly in your account’s wallet. After this, you’re free to use it in the best Ethereum casinos in India.
Pros and Cons of Ethereum Casino Sites
There are a lot of benefits to an Ethereum gambling casino site, but it’s best to know both sides of the coin before making a decision. Let’s look at some pros and cons of playing in Ethereum casinos in India:
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| Cons ❌ |
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How to Transact Money in Ethereum Casinos in India?
Ethereum casinos function the same way as any other online casino. This goes for their payment system as well, wherein you deposit a certain amount of money in your account wallet and spend it on games. But the method to deposit money varies with the currency used. Below, we discuss how Ethereum transactions work in Ethereum casinos in India.
Deposits
After you’ve bought Ethereum using a cryptocurrency exchange platform, follow the steps below to deposit the required amount in your casino account wallet:
- Sign up and log in to an Ethereum casino. You can choose one from our list above.
- Click on the “Deposit” button or something equivalent.
- Search for Ethereum to select as a payment method. It is usually denoted as ETH.
- The casino website will then provide you with their cryptocurrency wallet address. Copy that address and head over to your cryptocurrency exchange platform.
- Click on “Send Ethereum” or its equivalent and paste the web address on the crypto-platform.
- Enter the amount to be sent and confirm it. Then head over to the casino and wait for your transaction to get approved. This shouldn’t take more than a few seconds.
An easier way to shorten the last few steps is by using the QR code feature. Only a few Ethereum casinos in India provide it, but it makes the process easier.
Use the app to scan the QR code provided, which should fill all the details automatically, requiring you just to hit send.
Withdrawals
If you’re looking to withdrawal money from your casino wallet, follow the steps below to do so:
- Before you withdraw your earnings, check if you’ve earned over the minimum withdrawal amount. This amount varies with each casino.
- Click on the “Withdraw” or an equivalent button.
- Search for and select Ethereum as your mode of withdrawal.
- Enter the earnings you want to withdraw.
- Enter your cryptocurrency wallet address. You can find that out from your profile page of the crypto trading platform you use.
- Confirm your information and click on “Submit“. The money should reflect in your crypto-wallet instantaneously.
Note: If the transaction is not processed within a few seconds or minutes, do not panic. Some transactions get delayed for unknown reasons, but your problem should be resolved within 24 hours. If it doesn’t, contact the casino through their live chat feature or their support page. You will find the support details at the bottom of the website.
Top Ethereum Casino Games
Most games in an Ethereum online casino are similar to those found on other casino sites. But a few of these casino games exclusively accept cryptocurrency and provide a higher reward for winning. Let’s look at some of the games found in Ethereum casinos in India:
Roulette
The most popular and common game found throughout all Ethereum casinos in India, Roulette is a game of chance that can earn you quick money. A revolving ball landing on a rotating wheel determines the outcome of this game. However, the game has varying types of high and low odds, thereby increasing the ratio of rewards in different scenarios.
Blackjack
A widely known card game, Blackjack is played against the dealer with the goal of the player being the first to reach 21 points. Other variations to this game make it more complicated and exciting. Still, the best way to play it is in an online Ethereum live casino against an actual human dealer instead of a computerised machine.
Poker
Poker is a game played not just in casinos but also in informal and family gatherings. Ethereum poker involves a higher stake as the value of the cryptocurrency is inherently higher. The pot in Ethereum poker goes over 1 ETH which could win you over ₹2 lakh in some of the best Ethereum casinos in India.
Top Ethereum Casinos Bonuses
Bonuses and promotions on casino sites are the understated perks of playing in an online casino. Let’s look at the best Ethereum casino bonus offered, along with a few others that can benefit your overall experience:
Welcome Bonus
The welcome bonus offered in Ethereum casinos in India usually consists of a first deposit bonus and a few free spins along with it. A few casinos also offer subsequent deposit bonuses to extend your welcome a bit more. The prize is automatically transferred to your account wallet, and you can use it to play games.
Free Spins
As mentioned earlier, free spins are usually either an add on with the deposit bonus or earned separately through loyalty bonuses or festival promotions. A free spin bonus allows you to play a few slot machines for free for a limited number of times.
The rewards won with free spins can be directly used to bet on games or be withdrawn with your already gained money in Ethereum casinos in India.
Cashback
This bonus lets you bet on games with a lesser risk of losing a lot of money. When applying the cashback bonus in a casino game, you get back some percentage of your lost money, decreasing the overall loss. A few cashbacks offer a 100% back, making it a free bet.
Mini-Reviews of Ethereum Casinos in India
Now that we’ve talked about the games and bonuses offered, let’s look at some of the best Ethereum casinos in India:
King Billy
This casino offers a wide variety of crypto-based games, and bonuses specially for players using cryptocurrencies like Ethereum and Bitcoin. The website also hosts daily tournaments that give you loyalty points redeemable for cashback and free spin offers.
Betchain
With Betchain, players can withdraw up to 100 ETH in winnings instantly. This is comparatively higher than other online casinos. Betchain also offers a service that lets you buy bitcoin with the help of their platform, making the whole process much easier.
Bitcoincasino.io
This casino’s user interface is structured like an adventure game, wherein you have to choose an avatar according to which you’ll get daily bonuses and other incentives. As the name suggests, they provide Bitcoin, Ethereum, Litecoin and many other payment methods.
Ethereum Casinos in India FAQs
- Are Ethereum casinos legal in India?
Yes, you can legally buy Ethereum and use it to bet on casino games online. There is no law in India against playing in an online casino. - Is Ethereum safe?
Ethereum is a decentralised, unregulated currency built on a robust technological platform. Your transactions are private and relatively safe. However, as with anything unregulated, there is always a certain risk attached to it. - Which are the best Ethereum casinos in India?
Indian customers looking to bet online with Ethereum should use King Billy. Alternatively, they can also opt for Betchain and Bitcoincasino.io. These sites have good overall Ethereum casino reviews. - How do you buy Ethereum?
Ethereum can be bought using most cryptocurrency exchanges. These platforms facilitate many different kinds of cryptocurrencies, but since Ethereum is the second most popular in the market, it is more readily available than the others.