Live Casinos accepting Ethereum & overview of fees
Ethereum is a cryptocurrency, working on the basis of smart contracts. It’s the second largest cryptocurrency in the world by market cap. Even though Ethereum is more interesting is sort of fuel for applications to run, it has also been rapidly growing in the gambling industry. You can learn all about it by visiting their official website at www.ethereum.org
Making Deposits With This Method
Ethereum deposits are simple and can be compared to Bitcoin. Deposits are instant and minimum/maximum limits vary greatly depending on the casino site of your choice. Generally the minimum is 0.01 ETH.
Making Withdrawals With This Method
Generally, there’s no withdrawal fee for ETH which is one of the main benefits for using it. The funds should arrive within 1 hour if you are playing at mBit Casino, but overall these vary depending on the brand you have chosen. Sometimes the transactions can be as slow as 24 hours.
Top 3 Benefits For Ethereum
Quick transfer times.
It’s quick to upload and withdraw funds with Ethereum. Buying some with a bank card is quite simple using a site like shapeshift.io
Easy to sell
Being the second largest crypto coin by market cap is useful if you manage to hit it big at the casino. Compared to other coins, selling off even six figure sums of Ethereum won’t take a long time on an exchange like bitfinex.com
That’s why you want to use Ethereum to begin with, right? There’s plenty of ways to gamble with ETH that are 100% anonymous, but to play live dealer games from top tier providers, you’ll need to identify yourself by name.