Why use Ethereum?
There are literally thousands of tokens, so why bother with Ethereum? For several reasons, we might answer, but let’s outline 4 of the main benefits you can expect from an ETH-based casino.
Catering to various player preferences, Ethereum casinos feature more diverse gaming libraries, including Provably Fair options and crypto games that cannot be accessed from your typical gambling site. Additionally, previously-unavailable slots can now be played thanks to ETH’s private transactions superseding local regulations.
What’s liberating about cryptos is that each time a payment is done, you can be sure it will reach the other end on time, and you can watch every step of it through a scanner. With typical FIAT gateways, you have to trust there is no tomfoolery happening behind the scenes from the casino’s or gateway’s side.
Ethereum is now mainstream and can be found in every crypto exchange. Moreover, it has tons of wallets for storing it and is not missing from any gambling site’s banking section. As long as you have ETH in the wallet, there is a way to utilise it, whether casino-related or not.
Besides the token, Ethereum also has an ecosystem of coins and projects that run on it. More specifically, stablecoins like USDT and USDC, which less risk-averse gamblers might prefer, run on the ERC20 network giving you an alternative route if you don’t want to use ETH per se.