As one of the most popular cryptocurrencies in Australia, Ethereum is the preferred payment method for many punters who want to fund their gaming accounts or withdraw winnings at online casinos; its decentralised nature ensures that transactions are speedy and safe. Our team has provided a list of the best Ethereum casinos on this page to help Aussie players find reputable gambling platforms that accept this payment option.
Overview of Ethereum
Our team has created a table with important information about Ethereum. You can find all the details below:
| Brand Name |
Ethereum |
Initial Release Date |
30 July 2015 |
| Currency |
ETH |
Technology Used |
PoS Consensus Mechanism |
| Website |
Ethereum.org |
ETH Creatable Amount |
Unlimited |
| Fees for Process Transactions |
Low or none |
Market Cap |
Around 301 billion AUD |
| Creator |
Vitalik Buterin |
2014’s Crowdfunding |
Over AUD 27 million worth of BTC raised to fund Ethereum |
| Launch Date of Shanghai Upgrade |
March 2023 |
Addresses |
Composed “0x” Prefix |
Using Ethereum at Australian Online Casinos
To play at an Ethereum casino, set up an Ethereum account with a cryptocurrency wallet. Here is a step-by-step overview:
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Open a cryptocurrency wallet: Open a wallet that can hold ETH, such as Coinbase.
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Find a reputable online Ethereum casino: Sign up with any of our recommended ETH casinos.
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Connect your wallet to an Ethereum casino: Choose a payment method that includes Ether. You’ll be directed to a website designed to connect you to the ETH casino through the Ethereum blockchain, where you will fund your account.
Fees
When doing our best Ethereum casino review, we discovered that winnings and losses from Ethereum gambling are tax-free in AU unless you’re in the business of gambling or you’re a professional gambler.
The Australian Taxation Office considers gambling income as a non-assessable income and regards gambling losses as non-deductible expenses. That means you don’t have to include any winnings you get at crypto gambling sites in your tax return.
Verification
When creating a cryptocurrency wallet to hold your ETH, crypto exchanges must comply with financial regulations by confirming the accuracy of all the information users provide. That’s why they must verify your identity to prevent the creation of fraudulent accounts. Crypto gambling platforms also require Aussie players to complete their identity before withdrawing winnings.
Withdrawal Speed
Withdrawals at ETH gambling sites are almost instant. The average Ethereum block time is 15 seconds, meaning withdrawing your winnings at an Ethereum casino will only take a few minutes to process. But the funds might take up to 24 hours to hit your crypto wallet, depending on your chosen online casino.
Ethereum Customer Support
Because Ethereum is decentralised, no entity, person or central organisation owns it. As a result, there are no official support channels. However, crypto wallets and casinos provide a range of contact methods that Australian players can use when they need assistance. These include email, phone, social media, a live chat function and an online contact form.
How to Make Ethereum Deposits
Funding your gaming account at a crypto casino Ethereum is a breeze. Follow these steps:
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Step 1: Buy ETH from a cryptocurrency exchange.
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Step 2: Log into your Ethereum casino account and head to the virtual cashier page.
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Step 3: Navigate to the Send section of your wallet.
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Step 4: Enter the casino address and the amount you want to deposit.
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Step 5: Confirm the transaction.
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Step 6: The funds will take a few minutes to hit your casino account.
Making Withdrawals via Ethereum
Withdrawing funds from a gambling site that accepts Ethereum is a straightforward process. You only need to follow the steps below:
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Step 1: Get your personal recipient address from your wallet.
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Step 2: Head to the cashier section of the casino site.
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Step 3: Select Ethereum and the amount you want to withdraw.
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Step 4: Paste your wallet address in the corresponding field.
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Step 5: Confirm the transaction. Your funds will appear in your wallet within a few minutes.
How We Rate Ethereum Online Casinos
Our team reviews Ethereum casinos before hand-picking the best ones. Check out some of the things we always look out for when rating casinos that accept ETH.
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Security: The best Ethereum casinos take security seriously. When shortlisting casinos, we chose the ones that offer a safe gaming experience and hold a licence from reputable regulators.
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Fair gameplay: Our top-rated Ethereum casinos employ independent labs to test and verify the randomness and fairness of their Ethereum casino games.
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Customer support: The most reliable ETH gambling platforms offer top-notch customer service with a responsive support team.
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Games: All our recommended websites offer a varied game selection from the leading software providers in the gambling industry.
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Bonuses and promotional offers: We always consider what bonuses and promotions an Ethereum casino offers to new and existing Aussie players and check if they come with reasonable wagering requirements.
ETH Casino Bonuses
Players from Australia can claim a range of Ethereum casino bonuses on various sites. Some of the bonus offers you should expect when you join a gambling website that accepts Ethereum include:
- Welcome bonuses
- Cashback
- Referral bonuses
- Free spins
- Deposit bonuses
- No deposit bonuses
- Loyalty bonuses
Of course, all these bonuses come with wagering requirements and terms of use. Some online casinos in our list offer Australian players special bonuses when they fund their gaming accounts with Ethereum.
Best Online Pokies to Play Using Ethereum
Our team has collected the best online pokies that accept Ethereum.
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Cherry Fiesta: With a solid 96.98% RTP, Cherry Fiesta is a 5×3 slot running on the BGaming software.
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Cazino Cosmos: Powered by Yggdrasil Gaming software, this fantasy-themed slot has 96.0% RTP.
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500 Juicy Fruits: This slot game runs on Belatra Games software, with its RTP set at 96.52%.
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3x Super Peppers: This fruit-themed slot from Belatra Games features 96.32% RTP.
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Solar Queen Megaways Slot: Featuring 95.84% RTP, this Egyptian-themed slot runs on Plyson software.
Irreversible Transactions at Ethereum Casino Sites
Because cryptocurrency transactions on the Ethereum network are irreversible, online casinos do not have control over them. For this reason, we recommend Aussie players cross-check their transaction details before hitting the Send button. This makes Ethereum a safer payment option than most cryptocurrencies, as scammers cannot initiate a chargeback once you have transferred funds to your chosen casino.
Pros and Cons of Using Ethereum as a Payment Method
Many Australians are flocking to casinos that accept Ethereum because of the benefits they offer.
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No fixed transaction fee
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Some casinos don’t accept ETH
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ETH is subject to strong price fluctuations
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You cannot play some popular games with Ethereum
