Ethereum is a platform that allows you to use the second most popular cryptocurrency in the world, right after Bitcoin - Ether. It was developed by a Russian programmer Witalik Buterin and appeared on the market in 2015. From that moment, it quickly gained immense popularity among users around the world. In the case of online casinos, it offers one basic advantage (not counting, of course, others) - it ensures complete anonymity in the case of payment and payment of funds. This is finally the idea of cryptocurrencies.
In general, Ethereum works on a similar principle as Bitcoin, and therefore allows you to implement anonymous payment transactions between the parties without using standard money transfer methods, such as banks or e-Wallet services. And all using a decentralized cryptocurrency network.
The best online casinos offering payments using Ethereum
Ethereum is not yet too widespread method of payment and therefore a few casinos offer it to their users. This means that if you are looking for a casino for yourself, for example, you are not satisfied with the offer of which services you are currently using or you just want to start your adventure with online gambling, choosing the options available for you (of course, if the criterion decisive for you is payment support Ether's currency) is very limited.
Nevertheless, there will be several casinos on the market that may arouse your interest. Here is a list of those that we consider the best:
- Playamo Casino
- Fortune Jack
- Edgeless (very interesting casino, but with a very limited offer - an option that is interesting only for a very narrow group of players. See, maybe you also belong to them?).
Note, however, that the above list shows casinos that provide both Ether and Ethereum as a form of payment and function in the same way as traditional casinos, while others are based on intelligent contracts. This is the basic difference between gambling based on Ethereum and Ether. In other words, all gambling The Ether conducted on this website can also use Ether, but not all games in Ether are tantamount to Ethereum. This reservation is important because the border is liquid - now all the casinos we specify fully support this platform, but this can change.
Casinos based on Ethereum can also evolve so that they can include payments in other cryptocurrencies. In fact, these casinos offer a different type of games, and not necessarily payment using another cryptocurrency.
Ethereum: bonuses and other options
There are currently no additional benefits resulting from the use of Ether currency, of course, full of anonymity.
Payments from online casinos using Ethereum
Payments from online casinos using an Ether currency is a really convenient solution. It is fast, completely independent of your location and, above all, fully anonymous. It should not be surprising that this method has been gaining more and more popularity among internet gambling lovers lately.
Ethereum: Advantages and disadvantages
Gambling based on Ether appears in two different forms. The first and currently the most common is the possibility of using Ether as a regular method of payments and payments at various online casinos. It works in the same way as Bitcoin and provides an alternative payment method for traditional transactions in traditional currency (such as USD, EUR, GBP). This page casino game At Ether, it is the easiest to understand and the most popular.
The second approach to gambling here is to use intelligent contracts for betting. Currently, there are many casinos that operate only on the basis of blockchain Ethereum, such as Edgeless. Instead of sending Ether to the casino portfolio address, you send ETH directly to an intelligent contract. From that moment, this intelligent agreement generates randomness and pays the receivables depending on whether the player wins or loses. Some benefits resulting from intelligent contracts on Game machines conducted on this website are as follows:
- The casino does not receive any funds from the player at any time, so there is no risk of their loss.
- Payments are made using the Open Source code and cannot be interfered with them in any way.
- Payments are immediate. Regardless of how much you have gained, you have a guarantee that you will receive a win literally right away!
Currently, the only serious disadvantage of gambling in a casino using intelligent Ethereum contracts is that each plant requires some time. For technical reasons related to blockchain protection, each plant requires at least 1 confirmation of the block (which lasts about 15 seconds) before the winner of the plant is decided. In the case of larger plants, it is possible that it can be processed only after a few block confirmations, which can take many minutes. In this way, playing based on Ethereum can thus scare away many players who instead trust traditional casino serving normal payments in Ether cryptocurrency in exchange for faster betting.
How to choose a casino with Ethereum payment support?
Given the casino serving Ether currencies, you really have two options to choose from:
- The first includes a casino simply using Ether as an additional currency. In this case, your choice should be based on standard criteria, such as the range of available games, the security of personal and financial data, the reputation and security of the casino, as well as the honesty of games, the number and attractiveness of available bonuses and promotional campaigns, and many other factors taken into When choosing a casino. You only need to remember that the choice of available casinos will be quite limited due to the small number of casinos serving this particular cryptocurrency.
- The second option is casinos operating on the basis of intelligent Ethereum contracts and operating only on the basis of this technology. Here, your choice becomes even more limited, as the number of such casinos can be counted literally on the fingers of one hand. Instead, they have undeniable advantages. Of course, we recommend this type of solution as much as possible, but you should be aware that it is directed practically only to conscious users.
Is it worth focusing on choosing a casino using Ether currency? In our opinion, yes. First of all, because it is a very well rated and popular cryptocurrency. And as it happens with cryptocurrencies, it provides 100 % anonymity and rapid implementation of the transaction, regardless of where you are in the world. You don't have to worry about credit cards, banks or accounts on intermediary sites.
Remember, however, that this is a solution that is not entirely suitable for beginner users. And of course, although we will not revive it for you, we encourage you to get to know the subject of cryptocurrency and Ethereum in particular prior. It is really worth spending these several minutes!