24 SEP

Casinos with ETH: better or not?

ETH casinos: games and other perks

Today, online casinos that work with cryptocurrency are gaining more and more popularity, mainly with Ethereum (ETH), as one of the most reliable and liquid. Some online casinos deal exclusively with Ethereum, while others offer it as an additional alternative to the traditional currency. Check them at https://etheremon.com/.

It is important to understand that an Ethereum casino is any platform that supports depositing and withdrawing funds in ETH (usually in addition to standard currencies), and a blockchain casino is a platform that uses distributed registry technology in its games, so the honesty of the casino is 100% guaranteed and verifiable.

Cryptocurrency casinos offer many game options for users, the main of which are:

  • casino games,
  • gambling,
  • sports betting,
  • online lotteries,
  • spread betting.

In an Ethereum casino, users get everything the same as in a regular or online casino, the only difference is that an Ethereum casino provides additional protection for the user’s identity and does not request bank account information. Using Ethereum or other cryptocurrencies, these casinos do not need access to personal banking information, protecting users from malicious attacks and providing an additional layer of security.

What games are available at crypto casinos?

The range of games in crypto casino is different depending on the direction of the institution. That is, in online casinos that are more familiar to players, the choice of games consists of:

Slot machines developed by fairly well-known companies. For example, Playn’Go, Endorphina, Amatic, Bgaming, and others. As a rule, the casino has a “Crypto” section, where slots for playing for Ethereum and other digital currencies are located.

Table games in live casino format. Players can bet in cryptocurrency in roulette or blackjack if the manufacturer allows this possibility. For example, live games from Evolution Gaming support this functionality.

If a player has chosen a profiled casino like LuckyFish, then the range of games will be small, and it will most often consist of:

  • Slots.
  • Dice game.
  • Keno.
  • Other games.

All games in such casinos are developed by the institution itself or by small similar specialized studios. Basically, they are significantly inferior in quality to games from leading providers. But there are also pluses, for example, in Dice format games, you can independently set the desired multiplication parameter, which reaches X990 of the bet size. There are games with a higher multiplier, for example, in Stake casino you can win more than x100,000 from the bet.

How to play slots in a crypto casino?

The gameplay for cryptocurrency is no different from playing for the usual euros or dollars. When loading the game, you will see your balance, according to which you can set the bet size. A significant difference when playing for cryptocurrency in slots is the ability to make very large bets, which are not available when playing for euros or US dollars.

How to fund an account at a crypto casino?

To make a deposit in an online casino in cryptocurrency, you must use an electronic wallet that stores the cryptocurrency. Go to the “Deposit” section in the online casino, a unique crypto address will be indicated there. Next, in your e-wallet, send the desired amount to this address. It is almost instantly credited to your gaming account at the casino. Some casinos allow you to fund your account with a credit card. For example, a player indicates the deposit amount in dollars. A similar amount will be credited to his account but in cryptocurrency. Naturally, with this method of replenishment, a conversion fee will be charged.

How to get winnings at a crypto casino?

To receive a win in a cryptocurrency casino, you must use a unique crypto address of a digital wallet. In the Payout section, enter the amount and wallet address. Funds will arrive almost instantly. The only thing worth considering is the specifics of the blockchain network, on which the performance of the crypt is based. If the network is busy, it may take up to four hours for funds to be credited to your wallet. Also, some casinos offer the possibility of paying directly to a bank card. This method has pluses and minuses. The advantages, of course, include the convenience of the operation, that is, you do not need to independently convert the crypt into dollars or euros. The disadvantages are a rather high commission for internal conversion in a casino.

How to get cryptocurrency to play in a crypto casino?

There are several ways. You can purchase digital currency on specialized exchanges. Although this method will require experience. You can use numerous free distributions of cryptocurrency on the Internet in the form of “faucets”. But this will take a lot of time.

The easiest way is to purchase crypto using the service built into the electronic wallet. For example, you can purchase cryptocurrency and pay with a bank card. Also, some casinos provide the ability to convert the usual currency into digital.

Who controls the operation of the crypto casino?

Currently, online casinos often receive gambling licenses in the jurisdiction of Curacao. This is the only more or less reliable licensee as of the beginning of 2022 that licenses crypto casinos. You can check the gambling license by clicking on the licensee icon located at the very bottom of the site. A valid gambling license guarantees the honesty of the gaming process, as well as the observance of the rights and interests of the players. If the casino is running on the blockchain, it may not have a gambling license, but nevertheless it is also fair. All transactions take place within the blockchain network and cannot be changed. That is, the casino cannot influence the outcome of the game in any way.

Conclusion

The concept of Ethereum casinos appeared relatively long ago. This happened when cryptocurrency became known around the world. Currently, casinos of this kind are very popular, and there is an explanation for this. It’s all about the positive properties of these platforms.

Post Author: samanvya

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