Blockchain technology and the native currency, Ethereum, are becoming the most talked about currency in the iGaming industry, and Stake.com supports ETH. Go figure! So, how does using Stake.com Ethereum for gambling work? Better still, how does Ether fare as a payment method in the face of other seemingly better options?
If you’re an online gambling fan and an Ether holder—or hoarder, our team tailor-made this guide for you. You’ll find everything from the most basic description of what Ethereum is to the games you can play at Stake.com using ETH.
Two things need to happen for you to make Stake ETH payments. First, you’ll need to be a proud owner of Ethereum cryptocurrency after opening a crypto wallet purchasing ETH, and the works. Then, the more obvious step is you must open an account with Stake.com. Only then can you start funding your player account with ETH to get your wagering on.
Bets are placed in ETH, and you receive your winnings in the same digital currency. The whole process works pretty much the same as when you place a regular bet in fiat currency, with the only exception that you’re using crypto. Stake.com, however, allows you to see your ETH bets in fiat currency so you know what’s what in terms of bet size.
If you ask the developers of Ethereum, they’ll describe the cryptocurrency as “the world’s number one programmable blockchain”. For us mortals, it simply means the currency isn’t operated by a single individual. And using Stake.com Ethereum for payments will award you the following benefits:
As a prominent cryptocurrency, you won’t have a hard time spotting games to play using ETH. That’s especially true at Stake.com, a leading crypto online casino that has forged successful partnerships with big names in software development. What’s more, leading game developers like NetEnt and Microgaming have since stepped up to offer Ether games. In layman’s terms, it means you have a plethora of gaming options waiting for you at Stake. Com. And that’s 2,400+, to be exact.
Stake.com has tried to cover all typical gaming categories that ETH users would love to explore. It’s the perfect place for you if you’re a gambling purist and looking to focus on classics. Stake.com offers over 16 exclusive table games, which include blackjack and roulette. To shake things up, you can play the same games in a live setup complete with friendly croupiers for an interactive gambling experience. You’ll also find quite a number of hot slots like Sugar Rush and Sweet Bonanza if you love spinning reels.
We’ve pretty much figured out the answer to the question; Does Stake.com use Ethereum? But is that the only cryptocurrency available? If you’re not particularly charmed by Ether, you’ll be pleased to learn that Stake uses many other Stake.com Payment Methods. Below are a few prominent examples:
Every gamer has a preference when it comes to gambling transactions, and using Stake.com Ethereum isn’t a bad idea at all. If anything, ETH is right up there with BTC in terms of the most sought-after cryptocurrency in gambling. It processes transactions faster than most cryptocurrencies and is highly secure.
Also, it goes beyond being merely a digital currency and enables smart contracts. If you choose to wager using ETH, you can access all games in the Stake.com library for an above-average gambling experience. What better way to use your ETH than on games you love at one of the world’s leading crypto gambling platforms?
ETH is a common cryptocurrency that has been embraced in the online gambling space because of its numerous advantages. If you’d like to learn how you benefit from using ETH at Stake.com, you can sweep through the reviews.
Luckily, the process of using ETH to wager on Stake.com is pretty simple and straightforward, even for the first-timer. If you go through the steps outlined in the reviews, you’ll notice that the process is more or less the same as when you bet using traditional currency.
Stake.com accepts several other cryptocurrencies besides ETH. Each comes with its own benefits and unique characteristics. You can find some of the notable options and their benefits outlined in the guides.
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.
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