Ethereum vs Bitcoin Casino Deposits: 4 Routes Compared

One Ticker, Four Ethereum Addresses

ETH is not one destination. Cloudbet credits it on Ethereum, Arbitrum, BNB Smart Chain and Base. Each of those is a different deposit address with its own withdrawal fee. Send to the wrong one, and the operator never sees the money.

mBit Casino went the other way and cut the choice down to one. Its terms take ERC-20 only and call other protocols unsupported, and there they stop: the outcome of sending on another protocol is not described. Six of the eight name no network at all. That leaves a player guessing on the one decision nobody can reverse.

What a Stablecoin Costs You

A stablecoin costs more than plain ETH for the same transfer at the same moment. A USDT or USDC payment runs contract code that a bare ETH payment never touches, and that code is the extra cost. What it buys is a balance that holds still while the deposit confirms. We measured how much more. Over the 30 days to 14 October 2026 a median USDT or USDC transfer on Ethereum cost 0.000040421 ETH, or CAD 0.1503, which is 4.76 times a plain ETH transfer, because the token moves through 46,109 units of gas against 21,000 and its senders paid 0.8852 gwei per unit against 0.4101. That comes out of 43,682 token transfers in our own scan.

Only mBit Casino names a token standard for its Ethereum traffic, and that standard is ERC-20. The remaining seven name no standard at all, and six of those seven name no network either, so a stablecoin deposit at any of the six rests on support chat rather than on anything you can read first. Cloudbet is the exception: its public fee table lists USDT on seven networks and USDC on seven, Ethereum among them, with a minimum and a withdrawal fee against each.

Where Bitcoin Is Simply Shorter

Bitcoin has one mainnet. The network choice that loses ETH deposits barely exists there, though Cloudbet credits BTC on BNB Smart Chain as well as on Bitcoin, so even that choice is not quite single-file. The advantage is real and narrow.

Two of the eight do print BTC figures, and we had them in hand the whole time. The Cloudbet fee table we saved carries a BTC row on two networks, with a 0.00001 BTC minimum withdrawal in each, a deposit fee of 0, and a withdrawal fee of 0.00000216 BTC on Bitcoin against 0.0000000431 on BNB Smart Chain. mBit Casino lists BTC first among the nine currencies in its clause 3.1 and sets the minimum deposit at 0.0001 BTC in clause 3.5. The confirmation count stays missing for every coin at every one of the eight, and the other six print no BTC figure we could read.

The Rule Does Not Name a Coin

Ontario's standards draw no line between Bitcoin and Ethereum, because they mention neither. The crypto line sits in a note under Standard 5.69, in the deposits section of the Registrar's Standards for Internet Gaming. It reads: "Cryptocurrency is not legal tender and shall not be accepted".

So the ETH-or-BTC question has no regulated answer in Ontario. Either coin puts the operator outside the registered market, which makes the choice between them a payments decision rather than a licensing one.

Neither Coin Is on the Directory

Neither coin gets a site onto the directory, because none of the eight we read appears in iGaming Ontario's listing at all. That listing counts 49 operators and 84 gaming websites. The page dates itself accurate as of 1 September 2026, a month before we looked.

The directory publishes brands and products, though, not payment methods, so it cannot show you who refuses crypto. The refusal lives in the note under Standard 5.69; the directory only shows who is registered.

What None of Them Will Tell You

Confirmations decide whether a deposit lands in a minute or an hour. Not one of the eight publishes the number. This is not one careless footer. It is the same blank space in eight of them.

Cloudbet's own figures move, too. The BNB Smart Chain withdrawal fee read 0.00000167 ETH in the page we saved and 0.00000166 ETH on the live page a few hours later, both on 14 October 2026, which makes that table a live quote rather than a price list. The other three networks matched across both reads.

What the network itself charges is a separate figure from what an operator charges on top. We measured the network over 30 days rather than quoting a gas tracker. Keeping those two numbers apart is the difference between an honest deposit cost and a guess.

If You Are Deciding Right Now

Hold ETH and want the fees in writing before you send: Cloudbet is the only one of the eight that prints a fee per network. Hold a stablecoin and want the standard named: mBit Casino says ERC-20 and calls the rest unsupported, while Cloudbet prints a minimum and a fee for USDT and USDC on Ethereum instead. Hold BTC and want an operator's figures: Cloudbet prints a 0.00001 BTC minimum withdrawal and mBit Casino a 0.0001 BTC minimum deposit, and the other six print nothing we could read. And if your operator sits outside these eight, the move is the same for every coin. Ask support for the network and the confirmation count in writing, then keep the reply.