What are the advantages of Ethereum casinos?
Ethereum Casinos offer savvy gamblers many advantages over traditional payment methods. We look at the best perks and benefits to play at an Ethereum online casino.
Ethereum casinos have exploded in popularity over the past couple of years. And seasoned casino players are making the switch to these innovative sites. After all, these casinos accept Ether - a cryptocurrency that is making waves in the online world.
These savvy early adopters are getting paid faster, experiencing better peace of mind and can play with 100% anonymity. And it's all thanks to the power of the blockchain. But what are the exact benefits of embracing this technology? And more importantly: should you?
If you have been on the fence about trying an Ethereum casino - then we're here to help.
Advantages of Ethereum Casinos
Changing from a fiat currency like the USD to cryptocurrency like Ether (ETH) offers a wide range of benefits. And these benefits are a major quality of life improvements for casino players. It's the reason why thousands of slots and table players making the switch.
Here's what you can expect when you play at an Ethereum casino.
1. Withdrawals are faster
Want access to your winnings faster? Then crypto is the only way to go. Barring any delays by the casino payment team - an Ether transfer to your wallet should be made in a matter of seconds. And this is a far cry from withdrawals time frames made to a debit, credit or bank card. But why is it so much faster?
Put simply, there's no 3rd party involved. Your transfer is checked over automatically by the Ethereum network - not someone working at a bank. And with no middlemen involved - you get your money faster.
2. No banking fees
Speaking of middlemen - transferring funds via traditional banking methods can be expensive. Especially when fees start to stack up. It can also feel insulting that you are paying for someone to have to deal with your money.
At an Ethereum Casino, there are no fees involved - you simply transfer and start playing. The only moderate fee to pay is the maintenance cost for the Ethereum network (otherwise known as "Gas").
3. Play with total anonymity
Joined an online casino recently? Chances are, you will remember the registration process. Typically, these sites will ask for your name, date of birth and address - and then store it in their central systems. Not only are you handing this personal data over to strangers - a security breach could leave your details in the hands of cybercriminals.
At an Ethereum gambling site (or even a Bitcoin casino), you simply need to choose a username and link your wallet. This means you can play with peace of mind that your details are safe and secure. When you make a deposit, the casino sees no identifying data - making this the perfect choice for identity conscious players.
Ethereum Online Casino Verdict
Safety, payment speed and security - these are chief concerns for many casino players. And all of them are addressed when you play at an Ethereum Casino. With this in mind, it's easy to recommend Ether as a depositing and withdrawal method for the savvy gambler.
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