Ethereum sweepstakes casinos explained
Ethereum (ETH) is a smart contracts cryptocurrency released in 2015 by Russian-Canadian computer programmer, Vitalik Butterin. Smart contracts are where two parties are able to transfer value with the agreement written in computer code, without the need for a third party to verify.
Moreover, ETH has much more functionality than Bitcoin. Protocols are able to build on top of the Ethereum blockchain to create decentralized apps (dApps), non fungible tokens (known as NFTs), and DeFi projects.
The Ethereum cryptocurrency is called Ether and is the second largest by market cap. Therefore, it’s an accepted currency at many online merchants with sweepstake casinos being one of them.
Sweepstakes casinos are popular in the USA as a way to play casino-style games for free. Users will get Gold Coins and Sweepstakes Coins as a bonus when they register. Whilst Gold Coins only allow you to play the games on the platform for fun, you do have the chance to redeem Sweepstakes Coins for prizes after meeting certain playthrough and eligibility criteria. Prizes include electronics such as iPhones and laptops and vouchers at websites like Amazon and Netflix.
If you spend all your Gold Coins, you have the option to purchase more directly on the sweepstakes casino site. Most payment methods are accepted like Visa, Mastercard, and Apple. Yet, in recent times, cryptocurrencies such as Ethereum have become popular as a banking option for US players.
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Why US players like transacting with ETH at sweepstakes casinos
There are countless reasons why US players like to use Ethereum as a payment option. Although finding
sweepstakes casino Bitcoin
sites is much easier, most of the time, these websites will also accept ETH as a payment method to purchase Gold Coin bundles.
In this section, we delve further into the three main reasons why players use Ethereum as a payment method at sweepstakes casinos.
Safety and security
The Ethereum blockchain is extremely secure, using proof of stake technology and maintained by the network. To send Ether, all you need is another ETH address (such as the sweepstakes casino) pay the gas fee, and the transaction will be completed in minutes.
When sending Ethereum, there is no third party to validate the payment, just like with every other blockchain. This reduces fees and puts the onus on the technology. The blockchain uses advanced levels of cryptography, so it’s nearly impossible for malicious third parties to hack Ethereum.
Bonuses
Whenever you sign up for a
sweepstakes casino with cryptocurrency, you’ll often get a welcome promotion. This can be a bonus on the number of Gold Coins, or you’ll get more added to your account over your first three days.
From our research, when you purchase Gold Coin packages at the sweepstake casino with ETH, you’ll often get a nice little bonus. For instance you could benefit from a first purchase offer, giving you 50% more GC on your first Gold Coins purchase. Instead of the regular 10,000 GC, you’d then receive 15,000 GC with this offer.
Widely accepted
Finding sweepstakes casino sites with Ethereum is a simple and easy process, as many now accept the cryptocurrency as a form of payment to purchase Gold Coins. Once you have picked a sweepstakes casino you are happy with, connecting your ETH wallet is a straightforward process.
Depending on the sweepstakes casino, you may be charged a fee for purchasing Gold Coins with ETH. However, this is not often the case, and once you’ve made your purchase, the time it takes to get your GCs will only be around 10 minutes.
Pros and Cons of using ETH as a payment method at sweepstakes casinos
Even though Ethereum carries tons of benefits, there are also drawbacks you should take into account. Thus, our team of experts has produced a handy pros and cons chart to visualize using ETH as a payment method at sweepstakes casinos.
- Extremely secure and super fast
- Widely accepted by sweepstakes casinos
- Eligible to claim bonuses when purchasing Gold Coins
- Fees are incurred when sending to another address
- May be a little complicated for some
How to purchase Gold Coin bundles at sweepstakes casino Ethereum sites
If you want to use Ethereum as a payment method, then the first thing you need to do is purchase some. You can do this by searching online for reputable exchanges and signing up for an account. From there, add your USD to the account via your bank and purchase the amount of ETH you want.
Once you have the Ethereum on your exchange account, we advise signing up to an external wallet where you have access to all your keys such as Metamask or Ledger. This way, it will also be much easier to connect your wallet to a sweepstakes casino.
Notably, having an external wallet helps not only with ETH and BTC but also with
sweepstake casino Dogecoin
platforms. It negates the need to copy and paste addresses as a wallet like Metamask will do all that for you.
Below, our team has made a step-by-step guide to purchasing Gold Coin bundles at a sweepstakes casino once you’ve put your ETH on an external crypto wallet.
- Navigate to the Payments or Shop section of the sweepstakes casino
- Select how many Gold Coins you wish to purchase
- Check for any bonuses and input promo codes if necessary
- Choose Ethereum as your preferred payment method
- Connect your ETH wallet to the sweepstakes casino
- Execute the payment
- Wait up to 10 minutes for the Gold Coins to land in your account
- Start playing casino-style games
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45 SC FREE + 451K GC + 10 Treasure Chest
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Criteria for a good Ethereum sweepstakes casino
When you pick a sweepstakes casino site with Ethereum, you should always take certain criteria into account. To help you understand, we’ve briefly written about the key areas before registering on a site.
Our recommended ETH sweepstakes casinos
With our advice in mind for picking a decent sweepstakes casino Ethereum website, we’ve already done all the hard work for you. We’ve scoured the net and concluded that these three sweepstakes casinos are the best if you want to purchase Gold Coins with ETH.
WOW Vegas - best slots selection
WOW Vegas: Pros & Cons
- Excellent software providers
- Regular promotions
- 24/7 support
With 24/7 customer support and a wide range of games to enjoy, WOW Vegas is the perfect choice for US players. Whether you want to play blackjack on your computer, or slots on your cell phone, that’s up to you, because the site is optimized for smartphones and even tablets.
When you open an account, you’ll get an awesome welcome offer of 250,000 WOW Coins and 5 Sweeps Coins, and if you want to purchase more WOW Coin bundles, ETH is an accepted payment method. Nevertheless, make sure to log in to the site every day as WOW Coins are topped up through the daily login bonus.
35 SC FREE and 1.75M WOW Coins
McLuck - best mobile experience
McLuck: Pros & Cons
- Awesome welcome offer
- Partake in tournaments
- Refer a friend program
- Game selection could be better
If you are looking for big jackpots, then you’ll love the McJackpots at McLuck, where the grand prize is a huge 200 million Gold Coins. When you open an account, you’ll get an extra Gold Coins bonus of up to 150%, and from there, every day, Gold Coins are added to your account daily through the logon bonus.
If you are looking for a way to get more Gold Coins for free, you can join the loyalty program, refer your friends, or partake in tournaments. Players at the top of the leaderboard on slot and table games tournaments can expect to receive millions of GCs.
On the McLuck website, you can purchase more Gold Coin bundles with ETH and connect your wallet for a simple and fast process. You are able to play hundreds of games including the hottest slots such as Gold Part, Buffalo King, and Coin Strike.
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Stake.us - best crypto option
Stake.us: Pros & Cons
- Very crypto-friendly
- Hundreds of games
- Great bonuses
Known as America's favorite sweepstakes casino, Stake.us accepts Ethereum as a payment option but is also a
sweepstakes casino with Litecoin
payments, as well as 17 other cryptocurrencies. These include; Bitcoin, Bitcoin Cash, Binance Coin, Tether, and Dogecoin.
The social element of Stake.us is what makes it stand out from the crowd. At any given time, thousands of other players are in the chat room, where you can talk with one another about your gaming. You also have the option to play hundreds of games from slots and scratch cards to blackjack and poker.
When you sign up, you’ll get an awesome welcome bonus comprising 260k Gold Coins, 55 Stake Cash and a generous 5% rakeback on your losses. Purchasing Gold Coin bundles is simple, and if you ever have any issues, customer support is available 24/7.
56 Stake Cash + 560K Gold Coins + 5% Rakeback
Tips for playing at Ethereum sweepstakes casinos
When you register for an account, make sure to follow the sweepstakes casino’s socials. Then you’ll be up to date with any tournaments or promotions.
The best way to receive more Gold Coins is by excelling at tournaments. Sites will hold slots or table games tournaments where the aim is to get as many points as possible.
Connect to an external wallet
Do not leave your ETH on an exchange, instead send them to an external wallet like Metamask that can easily be connected to your sweepstakes casino account.
Conclusion to sweepstakes casinos with Ethereum
There you have it, a complete guide to using ETH as a payment method at sweepstakes casinos. You’ve learned how to purchase Ethereum, how to use it to get Gold Coins, and even our handpicked sweepstakes casinos that accept the payment method.
Nevertheless, ETH and crypto might not be for you. If so, no problem, sweepstakes casinos accept a wide range of banking options, from Visa and Google Pay to Apple Pay and e-wallets. What’s more, with most payment methods you’ll often get a bonus on your first Gold Coin purchase.
US players love Ethereum because of its security speed, and privacy elements. Getting started only takes a few minutes, and purchasing further Gold Coins with ETH is simple.
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2.
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45 SC FREE + 451K GC + 10 Treasure Chest
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FAQs
🧐 What is Ethereum?
Ethereum or Ether is a decentralized cryptocurrency that pioneered the use of smart contracts. It uses proof of stake and highly advanced cryptography to secure the blockchain.
❓ Can I purchase Gold Coins with Ethereum at sweepstakes casinos?
Yes, to purchase Gold Coin bundles using Ethereum, first connect your wallet at the sweepstakes casino. Next, input the amount you’d like to purchase and the transaction should go through in less than 10 minutes.
🔎 Does Ethereum incur any fees?
Yes, when you send ETH to another address you need to pay GAS charges. This can vary depending on how congested the blockchain is at any given time.
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