All you need to know about games with Ethereum (ETH)
If you’re new to Ethereum, don’t worry! We’ll guide you through everything you need to know. From setting up your wallet to making your first deposit, we’ll ensure you understand each step. With our help, you’ll be able to start using ETH at online casinos and enjoy all its great benefits.
A Bit of History
Ethereum (ETH) was created by Vitalik Buterin in 2015. It’s a type of cryptocurrency that works differently from Bitcoin. While Bitcoin is mainly used as digital money, Ethereum was designed to do more. It runs programs called smart contracts.
These are special agreements that execute automatically without needing an intermediary. This makes Ethereum a versatile platform for more than just transactions.
ETH in Casinos: 2024
These days, Ethereum is very popular and used by many people worldwide. In online casinos, it’s becoming a top choice for payments. Here’s why:
- Speed: Transactions are fast, so you don’t have to wait long to get your money in or out of your casino account.
- Low Fees: Using ETH usually costs less than traditional payment methods.
- Privacy: Ethereum offers more privacy, which can be a big plus for online gamblers.
- Fairness: Smart contract helps ensure that casino games & casino slots &live games are fair and transparent so you can play with confidence.
Deposit Ethereum into Your Casino Account with Confidence
- Create an Account at Tower.bet
Signing up at Tower.bet is a breeze. If you don’t have an account yet, it’s a quick and simple process.Go to the Wallet Section
- Once you’re logged in, find and click on the 'Wallet' section in your Tower.bet account.
- Choose 'Deposit'
Select 'Deposit' and pick ETH as your payment method.
- Copy the Deposit Address
Rest assured, you’ll see a unique and secure deposit address for Ethereum. Copy this address carefully. Transfer Ethereum from Your Wallet.
- Open your cryptocurrency wallet where your ETH is stored.
Paste the deposit address you copied, enter the amount you want to deposit, and confirm the transaction. Make sure the address is correct before you confirm.
Check the Deposit
After you start the transfer, return to your Tower.bet account to see if the deposit went through. It might take a few minutes for the funds to show up.
If you don’t have ETH in your wallet, you can follow the instructions below on how to buy ETH from a cryptocurrency exchange.
How to Buy Ethereum from a Cryptocurrency Exchange
- Choose an Exchange: Pick a well-known exchange where you can buy Ethereum.
- Create an Account: Sign up on the exchange’s website. You’ll need to give some basic information and create a secure password.
- Verify Your Identity: Follow the exchange process to confirm your identity, which might involve uploading some ID documents.
- Depositing: You can deposit funds into your account using bank transfer, credit/debit card, or another accepted payment option.
- Buy Ethereum: Go to the trading section, choose ETH, and purchase. Decide how much ETH you want, check the details, and confirm the order.
- Transfer to Your Wallet: Move your ETH to your secure cryptocurrency wallet. Get your wallet’s deposit address and use it to transfer the ETH from the exchange.
Purchasing Ethereum: Using Credit and Debit Cards
Besides using a cryptocurrency exchange platform like EXP, you can purchase Ethereum with credit and debit cards. Many exchanges accept these payment methods, making it easy and quick to buy ETH. Here’s what you need to know:
- Credit and Debit Cards: Most significant exchanges let you buy Ethereum using credit or debit cards. This method is generally straightforward and fast. Just enter your card details during checkout. Ensure the exchange supports this payment option and check for any additional fees.
- Payment Processing: Transactions with credit or debit cards are usually processed immediately, so you’ll receive your ETH faster than other payment methods.
- Security: Choose a reputable exchange with solid security measures to protect your card information and personal data.
You can use credit or debit cards if you prefer not to use traditional bank transfers or other methods.
How to Withdraw Your Winnings in Ethereum
Withdrawing your winnings in ETH at Tower.bet is straightforward. Just follow these simple steps:
Log in to Your Tower.bet Account
- Access Your Account: Sign in using your username and password.
- Go to the Wallet Section: Find your account dashboard's 'Wallet' section.
Initiate a Withdrawal
- Select 'Withdraw': Click on the 'Withdraw' option in the wallet section.
- Choose Ethereum: Pick it from the list of withdrawal options.
- Enter Withdrawal Amount: Enter how much ETH you want to withdraw.
- Enter Wallet Address: Input the address of your Ethereum wallet to which the funds will be sent. Double-check this address to ensure it's correct.
Ethereum transactions usually process quickly, but it might take some time to confirm the transaction on the blockchain.
Security Tips from Tower.Bet Team
- Double-check Wallet Address: Ensure the Ethereum wallet address you provide is correct. Mistakes can lead to lost funds.
- Enable Two-Factor Authentication (2FA): For extra security, make sure 2FA is enabled on both your Tower.bet account and Ethereum wallet.
- Be Aware of Network Fees: Transactions might have network fees, which are deducted from the total amount you withdraw.
By following these tips, you can withdraw your winnings in Ethereum safely and efficiently.