Ethereum Casinos: Things to Consider Before PlayingCryptocurrencies have become as reputable as traditional currencies for many these days. Cryptos like Ethereum have also established themselves in the world of online Ethereum casinos. As Ethereum Casinos are on the rise lately, some may find it hard to navigate this decentralized gambling landscape. Here we will guide you on everything you need to know about Ethereum Casinos and how to reap benefits using this cryptocurrency.
What Is an Online Ethereum Casino?Ethereum Casino is a crypto casino that uses Ethereum for its transactions. Using the ETH may be the only payment option in some casinos while others may accept other kinds of crypto and more traditional means of payment. As a result, players enjoy traditional games, the experience, and benefits with added advantages like anonymity and safe transactions. Furthermore, often these casinos improve your gambling experience by offering numerous games and incredible features like generous RTPs (Return to Player).
Why Are Ethereum Casinos Becoming More Popular Lately?The Ethereum platform was founded in 2014, and since then, several ETH casinos have sprung up across the world. Known as the second-largest crypto globally, Ethereum Casino provides its users with more features than a traditional casino. These casinos allow their players to enjoy numerous games like sports betting, dice, slots and poker without compromising on privacy and security of using ETH. Due to the instant payout options, unique features, and integration of smart contracts, Ethereum casino 2021 platforms are gaining more popularity than ever. Online gamblers prefer Ethereum casinos due to the following reasons:
- Easier to use.
- Offers better fees.
- Guarantees safe deposit option.
Facts About Ethereum Casinos
- Mostly online Ethereum casinos accept 3 Cryptocurrency wallets – Loafwallet, Coinomi, and Electrum.
- The majority of the Ethereum casinos have less than 1% house edge, which increases your winning probability.
- As of 2021, the average growth rate of Ethereum is 8.16%.
- It is predicted that Ethereum will reach $5000 by 2040.
- Countries like the UK, Belgium, Italy, Netherlands, and Greece have taken strides to regulate and legalize Ethereum crypto gambling platforms.
- Most ETH casinos have higher ratings than BTC casinos when it comes to the speed of transactions.
What to Look For When Selecting the Best Ethereum CasinosWith more and more Ethereum casinos springing up, finding the right one can be quite challenging. Here are some key aspects you need to consider before choosing the right ETH gambling platform.
- Quick deposits and withdrawals.
- Secure and transparent transactions.
- Welcome Bonuses.
- Privacy and licensed platform.
What Games Are Available At Ethereum Casinos?The game portfolio for Ethereum casinos is the same as that of the convention gambling operators. Here’s why? Cryptos have become quite popular as a reliable payment mode, and most providers are aware of these benefits from early on. Hence, gamblers get to play any casino game using the ETH cryptocurrency. Before signing up with a new online crypto casino, ensure that they have the complete game portfolio. Professional Ethereum casinos have a complete spectrum of ETH game portfolios available. Some of the popular online casino games that accept ETH are:
- Video Poker
Benefits of Playing at Ethereum CasinosSome of the main advantages of using Ethereum casinos are:
- Incredible Transaction Speed:
- Complete Anonymity:
- Enhanced Safety:
- Free payouts: