When Ethereum was created, there was a clear distinction between this blockchain cryptocurrency and it’s somewhat more popular predecessor – Bitcoin. Because Ethereum has a known founder and a team of developers, online platforms had an easier job accepting the currency as part of their operation. This paved the road for Ethereum gambling platforms, among many other blockchain-based applications.
The arguments that place Eth gambling as a reasonable choice are many; they concern security, anonymity, and withdrawal facilitation as well as a number of other reasons. In this article, we’ll discuss some of the most important aspects that make this cryptocurrency the obvious choice for online gambling.
Flexibility - Gambling with Ethereum is easy
As an open source blockchain based cryptocurrency Ethereum allows players from all over the world to participate in any game with ease. You don’t have to take conversion rates into account, which means you will always deposit the amount of Eth you originally planned to invest. Furthermore, with your winnings displayed in the same currency, there is no need to calculate your winnings back into domestic currency. Therefore, no matter where you are, or where the online casino is registered, you can enjoy the game without any hassle.
Withdrawals are fast in Ethereum Gambling
You know how wire transfers can take days until your money is available and you can finally control it? With Ethereum, there is no need to wait that long. It takes no more than just a few minutes until your funds are back in your wallet. FortuneJack, one of the oldest ethereum casino platforms, allows you to make instant deposits and withdrawals that take moments to transit your winnings back to your wallet.
Increased Safety and Integrity
Because of its blockchain technology background, Ethereum is a safe choice, as its decentralized nature ensures there is no chance of any infringement or frauds. Nobody can intersect your transaction, nor is it possible to break into your wallet unless you somehow provide your sensitive information to someone.
Why you should start gambling with ethereum
The player should pick the optimal gambling environment and conditions, however, in order to do so, one must know all the advantages and disadvantages of the choices they make. Because it has a known founder, and it is already invested in a large number of fortune 500 companies, Ethereum provides a more reliable and stable cryptocurrency solution. This is the main difference between Ethereum and Bitcoin, among others. The value fluctuations are minimal, and it barely succumbs to market disruptions, unlike its counterparts.
Selection of games
Finally, Ethereum gambling provides a vast number of games that can fit the needs of all types of players. This is very important if you wish to test your luck using a cryptocurrency, the wider the choice the higher the chances of choosing the game that suits you best. Furthermore, you don't have to exchange your Eth for FIAT currency or other cryptos in order to play. Simply deposit your funds and enjoy the games that make your lucky wheels spinning.