Besides Bitcoin, Ethereum is the biggest name across the cryptocurrency realm and, unsurprisingly, this has led to the launch of unregulated Ethereum online casinos across the US.
In this latest Ethereum online casino guide, you’ll learn more about the best legal alternatives, the importance of virtual currencies, and where you can find the best place to play casino games online today.
Ethereum and Online Casinos
Ethereum is a decentralized software platform with smart contract functionality. The technology allows for app building, transactions, and communications to occur online, using its native cryptocurrency, Ether (ETH).
When looking at Ethereum online casinos, the premise remains much the same as online alternatives. However, one key thing to take into account is that Ethereum online casinos are still not regulated across the US. With that being said, real-money online casinos across the US are only considered legal in these six states:
– New Jersey.
– West Virginia.
So, what is the best alternative?
Social and sweepstakes casinos are legally available across the whole of the US, except for Washington. They fall under different laws to traditional and Ethereum online casinos, as they allow you to play without ever having to make a purchase.
They use two virtual currencies – Gold Coins and Sweeps Coins – allowing you to play for fun or cash prizes. Gold Coins hold no real monetary value, while Sweeps Coins can be used to play on promotional titles or enter competitions and can be converted into cash, vouchers, or merchandise.
The Best Legal Alternative: Stake.us
Stake.us is a great Ethereum online casino alternative that provides you with the chance to play for fun or real prizes using Gold Coins and Stake Cash. In fact, you can even convert your Stake Cash into Ethereum, should you wish.
The sweepstakes casino itself offers over 300 casino games, covering slots, table games, video poker, scratchards, and some intriguing Stake Originals. These Originals offer inspired takes on classics like Keno, Plinko, and Crash.
When registering, you can also take advantage of this exclusive promo code and unlock 5% Rakeback on all casino losses. Once you have completed the sign-up process, you’ll also be able to unlock the daily login bonus and release your first virtual currency bundle.
If playing for fun, the whole casino portfolio awaits. If you plan to play with Stake Cash, you will find a slightly smaller available library and the chance to enter ongoing competitions. Should you play through your Stake Cash, you can begin the prize conversion process.
Stake.us provides a legal way to enjoy online casino games
Due to the lack of regulation, you cannot prove that your chosen Ethereum online casino will be safe, secure, or fair. However, for those looking for an online casino experience across the US, all is not lost. Stake.us provides a safe and legal alternative that is available in 45 states. You can play for fun or cash prizes without ever making a purchase and can even convert your Stake Cash for Ethereum, too.
Best Ethereum Online Casino FAQ
Are Ethereum online casinos legal?
As things stand, Ethereum online casinos are not regulated by the US. In short, this means that you cannot verify the safety and security of your funds or that games are provably fair.
How do I fund my Ethereum online casino account?
You can fund an Ethereum online casino account by linking your external crypto wallet and depositing funds or by purchasing Ether (ETH) – the native currency of Ethereum.
What is the best alternative to Ethereum online casinos?
Sweepstakes casinos, like Stake.us, allow you the chance to enjoy the full online casino experience legally. There is no need to make a purchase and in many cases you can still win cash prizes.