Ethereum is another cryptocurrency that has emerged at online casinos. Although Bitcoin is the most popular payment method at this time, Ethereum is apparently on the rise. Ethereum has caught the attention of many online casinos. Launched in 2014, Ethereum is a Swiss non-profit that was implemented to provide more flexibility while similar to the Bitcoin platform. The currency you may find at online casinos is called Ether, and according to its byline offers a great number of payment options. When funding your casino account using Ether using a wallet, the result is that there will be no problems using this payment method at a variety of online casinos that do offer this option. This new brand of currency will be listed along side other digital payment options.
Currently there are very few online casinos that accept this method. But there are several sites that do specialize in virtual currencies. You may find a few that accept ETH, as it is called. The most notable casinos that accept Ether are: Spartan Slots, Black Diamond, and Box24.
When Bitcoin was first launched, they used a decentralized blockchain system. It was created for one currency. While Ethereum, on the other hand, was created to use an endless number of currencies, it also utilizes the blockchain system in a broader sense.
Time will tell. Right now, Bitcoin is the number one method for online casinos, and more US casinos are adding this payment method to their sites. But don’t rule out Ethereum, as it will play the catch up game with Bitcoin sooner rather than later.