ETHEREUM CASINOS 2020 – A GUIDE TO USING ETHER AT ONLINE CASINOS
Besides Bitcoin, the cryptocurrency Ethereum has also been making waves these past few months. As a result, many online casinos have also started to adopt Ether as an online casino payment option in order to make gambling online easier for Ether users. If you’re looking for Ethereum Casinos to play at, have a look at our guide and list of Casinos below!
WHICH ONLINE CASINOS ACCEPT ETHEREUM ?
- Bitcoin accepted
- 24/7 phone support
- Casino is online since 2012
- Fast withdrawal processing based on players experience
- Daily slots tournaments
- Good reputation
- Good selection of games
- Live chat support is available 24/7
- Low withdrawal limits (2000$/week)
- Live dealer casino games are not available
WHAT IS ETHEREUM?
Ethereum is an innovative open-source computing platform which has hit the ground running in recent years. It was designed in 2013 by Vitalik Buterin with the intention of creating something cutting-edge and building on the groundbreaking creation of blockchain technology and decentralization. The platform, which officially went live in July 2015 with 11.9 million coins, provides a decentralized Turing-complete virtual machine known as the Ethereum Virtual Machine (EVM) that serves to render scripts using an international network of public nodes.
Other than being used for computing, Ethereum also produces a cryptocurrency called ‘Ether’ which is the second most popular and valuable cryptocurrency in the world. This can be transferred between two accounts and can also be used to pay participant nodes for any computations performed by way of a smart contract.
Although it’s possible to buy and sell Ether like Bitcoin, Ethereum is evidently so much more than a currency. Yes, just like Bitcoin, Ethereum uses a decentralized system (known as blockchain) in order to keep track of transactions and where each unit of the cryptocurrency is stored. However, Ethereum takes this idea one step further by tracking and executing computer programs.
ETHEREUM GAMBLING – ETHEREUM’S LINK TO THE ONLINE CASINO REALM
Thanks to the rapid changes in technology over the last few years, humanity has taken a quantum leap in the right direction when it comes to alternative currencies. And fairly recently, a number of online casinos have started offering the cryptocurrency at casinos on the web in an attempt to offer a new alternative payment option. Despite the fact that the amount of online casinos offering Ether (ETH) at online casinos is merely just a handful, the list is set to keep growing. Just like Bitcoin Casinos, ones that support Ethereum as a payment option serve to mimic the gambling experience everybody seeks when visiting the likes of Sin City. Below are just a few reasons you should play and visit the online casinos.