Ethereum Casino Guide
Recently, the prices of Ethereum and other crypto currencies have witnessed an unprecedented rise due to the economic crisis caused by the Corona epidemic. Also, the fluctuation of global currency prices. In addition to the inflation in many global currencies. And the rise of the copper price around the world.
People buy Ethereum for many reasons, such as:
- Launching apps that rely on cryptocurrency transactions.
- Diversify their investments and obtaining profits in the medium term.
- Playing at Ethereum-based casinos to make fast profits!
The wisest and easiest way to get easy profits from ETH is by playing at online casinos! As you will not need to do in-depth studies, nor do you need to purchase a lot of Ethereum units. All you need to do is choose a game you master, then bet on it, and collect your winnings!
What is Ethereum Currency?
Ethereum was launched in 2014, and it is considered the second popular and common crypto currency after Bitcoin! Because it is built on a decentralized network that allows creating apps and platforms on it; to serve all commercial activities, no matter how small or large. So, international hotels can use them, as well as taxi owners!
Every company that wants to do a blockchain-based application can rely on the Ethereum blockchain from the scratch. This genius idea is the most prominent thing that defines Ethereum among the other crypto currencies! However, it was necessary to create a free form of this currency to be used easily outside Ethereum platforms. So, “Tether” was launched based on the Ethereum blockchain Tech. This currency can be used freely on any application, site, and casino.
Also, there are many other currencies based on the Ethereum blockchain that have been launched, but they did not get much popularity yet!
To simplify the idea, imagine that Ethereum is a global computer that contains many apps. Anyone can use these apps easily at any time. Also, anyone can launch its own application and offer it to users. All of this happens without anybody having the ability to supervise or stop the computer!
Tether, and all currencies built on the ETH blockchain, are created based on a complex process called “mining”. Meaning that these currencies are like “digital oil” and there will come a time for them and it will not be possible to mine more of them. So, the limited number of the currency’s unit makes it hard to get, and then valuable!
How to Get Ethereum?
Like any crypto currency, there are many methods to buy Ether. For instance, you can buy it from one of your friends, purchase it from a crypto gate (like CoinBase) or an eWallet (like Skrill).
Also, you can mine it using a dedicated computer. But before beginning, you should plan which includes computer price and electricity consumption. Then calculate your net profit and hope it isn’t a negative amount!
Regardless of the way you use to get ETH, you must have a wallet to store your currencies and send and receive money. Luckily, all crypto gates and eWallets offer you wallet service for free and completely secure. However, do note that you should keep a backup for your ID number and password in the safest possible place! Because if you lost them, you will never be able to reach your wallet!
Choosing the Best Ethereum Casino
After setting up your wallet, and fill it with some funds. You can now choose a casino to play at. However, you will find many available choices on the internet. This can be a big advantage, but also a downside! Because a large number of online casinos means that everyone will compete to offer you the best bonuses and the finest game set. But the new players won’t be aware of what lies beneath the surface of each casino!
So, you can depend on our site that offers you reliable and independent reviews for all Ethereum online casinos. In these reviews, we cover every aspect of the casino. Beginning with the license, to the game collection, bonuses, interface, and compatibility with mobile devices. Therefore, you can take a quick look at Ethereum casino reviews to see which one is the best for you.
What are the Perks of the Ethereum Casinos?
Ethereum casinos have many attractive features for both new and experienced players.
1. Safety & Privacy
ETH casinos hold the licenses of prominent and reputable regulation bodies, such as:
- Malta Gaming Authority
- Gibraltar Gaming Committee
- Cyprus gambling Authority
The license of any of these committees indicates that the casino offers a fair and safe gaming experience for its players, secures their data by the firewalls and security protocols, and guarantee fast deposits and payouts.
2. Bonus Package
Each online casino has its bonus package that players can use to try out new games. Play for more time. And saving deposits.
In most cases, the biggest bonus offer is the welcome bonus that can be spread over your three to five deposits! You can take also more reload bonuses on your next deposits. ETH casinos also offer free spins on slots.
These bonuses can be a wonderful chance to make more winnings with low risk. However, you must read the terms and conditions of these offers to be sure that they offer you a real winning chance. The most important condition is the wagering requirements. Wagering requirements are the number of multiples that players should reach with the bonus amount before withdrawing any winnings. The number of playthrough requirements ranges between 20x up to 35. While the casinos that impose higher requirements are not good, and better to ignore them.
3. Game Set
Every Ethereum casino offers its own game set. So, you can discover something new at each casino you play at. However, all the casinos have the same basic games such as slots, poker, roulette, baccarat, and blackjack. In addition, online casinos offer many variants for each type. For instance, if you like slots, you can play classic games, video slots, and progressive slots also!
Ethereum casinos can be the best place for crypto enthusiasts! As you will have much fun and profits with these games. So, we recommend you the best crypto casinos that give you an optimum gaming experience worth your time and money.