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At a glance
| Type | Cryptocurrency and smart-contract network |
|---|---|
| Deposit speed | A few minutes after confirmation |
| Withdrawal speed recorded | Under an hour |
| Fees | Gas fees set by the network, from cents to tens of dollars; layer-2 networks are much cheaper where supported |
| Minimums | From a few dollars in coin |
| Bonus eligibility | Eligible on most international platforms |
| Verification | Lighter at deposit; a document before large withdrawals |
| Availability | International platforms only |
How it works at a bookmaker
Like bitcoin: an address, a transfer, a balance credited after confirmation, a withdrawal to an address you give. Ethereum confirms in minutes rather than tens of minutes, which shortens the wait, and its network carries most of the stablecoins that betting sites accept, so an Ethereum wallet is the natural home for a crypto bettor. The catch is gas: the fee for a transfer is set by network demand and can exceed the value of a small deposit.
Deposits and withdrawals
Deposits credited in five to fifteen minutes in our tests; withdrawals approved within the hour. Sites that support layer-2 networks such as Arbitrum or Polygon, or the cheaper chains for USDT, cut the fee to cents.
Fees and volatility
Watch the gas estimate before you send. Ether itself is volatile like bitcoin; for a balance that holds its value, deposit USDT or USDC instead and use Ethereum only as the rail.
Bonuses and verification
The same as bitcoin: eligible for most offers on the international platforms, with documents requested before large withdrawals.
Tested bookmakers that accept Ethereum
Thirteen of the twenty-two.
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Frequently asked questions
Why is my deposit fee so high?
Ethereum gas fees rise with network demand; use a layer-2 network or a cheaper chain for stablecoins.
Is Ethereum faster than bitcoin?
Confirmations take minutes rather than tens of minutes.
Should I hold my balance in ether?
Only if you want exposure to the coin; stablecoins avoid the swings.