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Ethereum in the world of online casinos

Additionally, there is the ongoing cryptocurrency hype, meaning more and more people are diving into the crypto sector, which translates into further player base growth for crypto casinos. There are a lot of great benefits as to why you might want to try using Ethereum as a payment method when trying out crypto casinos. Allow us to explain why we think it is a great idea to try playing using Ethereum crypto casinos.

If we are talking statistics, it is not that hard to see that it is a valuable cryptocurrency for crypto casinos. Etherum had its surge in price back in 2018 but quickly lost its value by the start of 2019. After that, it grew enormously in the span of a year, beginning in 2021. At the start of 2021 Ethereum’s price was around $1000, after which it started hitting new rights, and finally reached its new all-time peak at $8133 on the 8th of November.

Ethereum casinos

Ethereum casinos

Ethereum today

price now

$1,904.07

24h Change

-5.62%

Why play at Ethereum casinos_

Why play at Ethereum casinos?

There are so many advantages as to why Ethereum crypto casinos are a great option for players, but let’s start off with the most important factors.

Cryptocurrencies are well-known to be granting many benefits to their users, most importantly, anonymity. First of all, when trading Ethereum you will not need to verify your identity, meaning you can remain completely safe in terms of privacy. Furthermore, no government can tamper with the market, when it comes to transactions and identities, making it corruption-proof. All of this is possible due to the blockchain technology, which Ethereum uses. And finally, crypto casinos are well-known for not requiring precise privacy information, additionally helping keep your anonymity.

Another factor is the transaction speed. There are no faster transactions than those that happen on the blockchain, thus cryptocurrency deposits and withdrawals become easy and cause no unnecessary headaches. After creating an account in any crypto casino, you will simply need to make a deposit to the provided address and you will see the funds added to your account in a matter of minutes. The same timeframe is placed for the withdrawals you make after the crypto casino approves of your request.

Accessibility is another good reason why you might want to check out an Ethereum crypto casino. There are no borders when it comes to accessing the cryptocurrency market, as it is extremely hard to trail. Due to the decentralized nature of the cryptocurrency, there are no jurisdiction limits. Additionally, if you want even better safety, you might want to look for a trustworthy VPN software service, allowing you to play at almost every crypto casino out there.

The fees that will be coming with each transaction are minimal and cannot be compared to any fiat transaction fees, which is why financial institutions are not amongst the ones who like the idea of cryptocurrencies. The fact that the fees are so low is a further attraction for people to try out crypto casinos, thus the surge in exploring this part of the casino industry.

The last advantage we will be talking about is the games you can play using Ethereum. In the last year, in particular, it has become a trend amongst providers to develop games that accept Ethereum as a payment option, although older titles are not amongst these. Most crypto casinos nowadays, which also accept fiat currencies, have a “Crypto Games” section, where you can find those that take bets in Ethereum. Aside from that, there are even games that have crypto-versions, alongside fiat versions, which grant better bonuses, further encouraging players to use Ethereum or other cryptocurrencies.

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