Using Ethereum as a payment option at online casinos has the following advantages:
Financial privacy
By using cryptocurrencies you do not need to share your banking information with the casino, which keeps your financial information safe. By using Ethereum, you don’t have to worry about your account information being misused as the data is not recorded at the casino. Of course, there will be transaction details, but that information, will be all the things that the casino can access from your crypto wallet.
Low fees
The main advantage of using Ethereum or any cryptocurrency is that the transaction processing fees are much lower than when using fiat currency. With Ethereum, you get an additional advantage: the transaction speed is much faster than that of Bitcoin. As a result, Ethereum can process more transactions in a given period of time than Bitcoin.
Play from anywhere
You can play at Ethereum casinos from any device and from anywhere. Since your crypto wallet does not contain your personal information, there is no danger of any breach of your privacy. Simply visit an online casino that accepts cryptocurrency from any device: laptop, tablet, or mobile phone, and start playing. Playing with Ethereum will enhance your gameplay due to the fast transactions supported by the Ethereum network.
Fast Transactions
While depositing doesn’t take long at an online casino, there is always an issue with the withdrawal period. In many cases, the average time for a withdrawal is 2-5 days. Of course, players would like to see this time reduced. With Ethereum, there is a significant improvement in the withdrawal period, making it so that players can get their withdrawal amount within 24 hours.
High value bonus
Many people believe that traditional casinos offer better bonus offers because they deal in fiat currency. However, this is nothing but a myth. At crypto casinos, especially those that prefer Ethereum as a payment method, the bonus offers are excellent. You can get up to 300% or more as a welcome bonus at some casinos.