Ethereum

Gambling online is a lot of fun for players all around the world, but before a player can begin gambling he must complete a crucial step with any new casino, and that's completing a real money deposit. There are many different ways to complete this step, but crypto currencies like Bitcoin or Ethereum are making it possible to fund an account even more conveniently than ever before. Ethereum is a very new crypto currency system and it's just the tool that many new gamblers are starting to turn to to make their initial deposits as well as final withdrawals.

How Does Ethereum Work with Online Casinos

Ethereum is a platform that allows the trading of ether, a cryptocurrency like bitcoin, from one person to another. Players spend their real-life currency to buy Ether that's registered to their wallet. Then they begin playing at an online casino by registering that same wallet and deciding how much money to move from the wallet to the casino.

Best Ethereum Casinos

Exchange Rates are No Concern

When dealing with Ether players from different countries do not have to worry about exchange rates and how their country's currency is valued in relation to another supported currency by the casino they are playing at. Instead everyone deals in Ether, and each player already knows what Ether is worth in relation to their home currency. This common currency is available in every country and makes gambling very quick an convenient to do.

A Low Cost Bitcoin Alternative

One major way that Ethereum is different than Bitcoin is that Ether is valued at a much lower level than Bitcoin is. That means players can get started with lower amounts of money and there is no need to worry about making a large deposit to start playing at an online casino.

No Account Gambling

One cool feature that Ethereum makes possible is gambling online without an account at all. There are some online casinos today that make their games available to players as long as they have an Ethereum wallet with Ether to gamble. These players simply provide their wallet details and pick a game to play. As turns are taken in the game the wallet is updated with the new final amount. At these casinos players can start playing immediately and they are free to walk away at any time with their final wallet balance readily available to them. Ethereum is a pretty interesting payment method system and it's something that more and more players are going to turn to, especially for online gambling. It's not the right solution for everyone, but for select people it's the best way to go.