Why is Ethereum the Best Cryptocurrency for Online Casino Gamers?
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Ether is the second most popular cryptocurrency for online casino players. It is second only to Bitcoin. Online casinos have noted a high intake of new players over the past years. Increased fees and red tape around online gambling transactions have driven players to seek alternatives to traditional banking methods.
CryptoSlots introduced the use of the Etherum currency as a payment method. Manager Michael Hillary explains why it's a good choice for online casinos.
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Ether is a viable alternative to Bitcoin for its speed and technology. The planned upgrade scheduled for September 2022 makes it more scalable and secure than Bitcoin. Average gas fee has recently dropped to record lows. Team behind it is working to reduce energy consumption. They are switching from the existing Proof Of Work system to Proof of Stake system.
Etherum is a viable alternative to Bitcoin for its speed. Bitcoin blocks take 10 minutes, whereas Ether blocks average in less than 15 seconds.
CryptoSlots accepts Bitcoin, Litecoin, Ethereum, Monero, BNB and stablecoins. It is the only Ethereum casino that offers slots, Keno, and video poker games designed and developed in-house. A player won a million dollars at CryptoSlotters in a single spin of one slot.
