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Ether (ETH) is a major cryptocurrency, and its market cap is only second to Bitcoin. However, the applications of ETH are a lot more dynamic than the extremely popular BTC. Ethereum has allowed for the creation of a number of projects, including NFTs, DeFi, DEXs and other major developments that have piqued the collective interest of newcomers in the cryptosphere and trading veterans alike.
In the field of online casinos, ETH is known to have allowed for faster withdrawals at less cost. Crypto casinos are still a relatively new phenomenon and more casual players are also looking into crypto options to include in their portfolio.
This guide will help you understand the applications of ETH, why it is beneficial in casinos. By the end of this, you will have a better idea of what ETH is all about, and also a pretty good understanding of how these smart contracts work for you.
Ether, or ETH is a transaction token that is used on the Ethereum blockchain network. Ethereum doesn’t only set out to be digital money, but also seeks to be a truly global decentralised platform. ETH itself has some similarities to other cryptocurrencies as it serves a payment function. However, it differentiates in scope, as it is used to fuel the Ethereum network.
A long established casino, 1xSlots boasts a wide variety of games, over 10,000 to be exact, and also live casino games. Their top promotions are always changing, making for a great gaming experience. They also have numerous payment methods, including Bitcoin, Litecoin, Dogecoin, as well as Ethereum - all accepted on various crypto wallets. 1xSlots tries to keep registration easy and
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