Ethereum is a cryptocurrency launched in 2014 by a Swiss Non Profit organisation made up of the brightest minds in the field. Although Bitcoin is currently the best known crypto/digital currency, other similar currencies are gaining interest.
The currency is known as The Ether and it is quickly becoming the second most valuable cryptocurrency in the world, and it may well overtake Bitcoin to become the most popular crypto currency.
Accepting The Ether as a currency for online casinos is a natural progression, an innovative and totally secure method to deposit and withdraw cash.
Ethereum relies on its own version of a Blockchain it functions differently than Bitcoin. It is even possible to host Crowdfunding Campaigns or Smart Contracts. The flexibility Ethereum provides is truly revolutionary.
Ethereum has a market capitalization of $17 billion, compared to Bitcoin's $34 billion. This places Ethereum and the crypto currency The Ether firmly in second place and catching up fast. Without a shadow of doubt, Ethereum is the most trending crypto currency in the world at present.
How can you get hold of The Ether? CoinBase is one place where it can be found and easily purchased, the transferred to an eWallet. There are also a number of crypto currency exchanges including; Kraken, Poloniex, Gemini and others. CoinBase also has a secure multi-signature vault at present.
If The Ether is accepted by the online casino, one needs to go to the virtual cashier for simple instructions how to use The Ether. Once registered with the Casino and instructions for using The Ether are followed, you can start wagering your Ether cryptocurrency right away.
Ethereum is the future. iGaming is an industry that is always at the forefront of technological and innovative progress. The Ether has a bright future and can advance hand in hand with mainstream methods of payment whilst offering increased flexibility and enhanced security. Silicon Valley has already brought Ethereum into the mainstream boding well for the crypto currency and its place in our future. One cannot afford to exclude Ethereum or its cryptocurrency The Ether, also known at ETH on trading markets.
With Ethereum gaining in popularity by the day, it would be unwise not to sit up she take notice. Particularly since it has a direct bearing on iGaming and related deposit/withdrawal methods. The security, privacy and complete freedom make Ethereum a very attractive prospect with great potential for the future.