Many online casinos are now offering Bitcoin as a reliable payment method, but the newest currency in online gaming is Ethereum. Ethereum is a cryptocurrency and it operates on a blockchain. A blockchain is simple a ledger that gives transparency into any transaction made within it, to the public. The main difference is that where Bitcoin is monetary based, Ethereum is seen more as a general purpose blockchain.
Online Gambling with Ethereum
While not many online casinos are yet offering Ethereum as a payment method, experts are expecting that to change very soon. Ethereum gambling is quickly becoming a hot topic, mostly because it creates more security for players in online casinos. It also allows players anonymity and shorter time frames for deposits and withdrawals. The first step for using this method of currency for online gambling is to find an online gaming website that accepts it.
The Top Ethereum Mobile & Flash Casinos
Some of the leaders in the online casino world are starting to accept Ethereum as a payment method, including Ignition Casino, BoVegas Casino, Lucky Creek Online Casino, Superior Casino, and Diamond Reels Casino.
What’s The Deal With Ethereum Slots?
What gamers can expect to see when it comes to emerging Ethereum Slots is the ability to be paid instantly. Due to the contracts the Ethereum system is built upon, many Ethereum Slots will start emerging to allow instant payouts to those who win. This will be a game changer, as Bitcoin does not currently support this type of withdrawal.
Ethereum Sportsbooks Are Coming In Strong
While online casinos may be a bit slower in cashing in on the Ethereum technology, Ethereum sportsbooks are coming in much stronger. Companies like Bovada, TopBet, 5Dimes, Heritage, Sportbet, and more are now offering this type of currency option. It works very well with Live Betting, which allows players to instantly be paid for any wins.
Ether Casino Bonuses
Many online casinos are offering separate bonuses and VIP programs for those players who use Bitcoin on their sites and players can expect those same perks to start showing up in regards to using Ethereum. The reason many casinos do this is because it’s actually less expensive for them when a player using this type of currency. It’s a winning situation for both the casino and the player, with casinos rewarding players for choosing to make it easy.