Ethereum is one of the world’s most popular cryptocurrencies and its popularity and value is rising every day. More and more people are using Ethereum for a variety of purposes. One of the best places to use Ethereum payments is for online poker sites. There are many benefits of using Ethereum (and other cryptocurrency) for playing online poker. In this post, we will take a look at all the benefits of Ethereum poker and tell you how you can get around to using Ethereum. Let’s get started.
Ethereum Poker: All You Need to Know
How to play poker with Ethereum?
You still have not played poker with Ethereum or any casino game, and are curious about its advantages?
Many casinos have expanded the forms of payment they accept in order to adapt to any type of customer. Cryptocurrency is already a part of our daily lives: many of us already bought on many pages using Ethereum, Bitcoin, among other cryptocurrencies, so it makes sense to use cryptocurrency for online poker as well.
Online casinos need to stay up to date with current financial trends or risk becoming obsolete. Hence you can see many online poker sites which accept Ethereum payments.
Why should you play Ethereum poker?
Transactions are much faster
If you want to play a game of poker online, Ethereum makes things easier for you. Cryptocurrencies are based on a system known as blockchain. Among many advantages, one of them is that some transactions can be verified in a matter of seconds.
Although others may last longer, they are far from reaching the waiting times of other payment methods, such as bank transfers (which can last between 24-48 hours, even longer if there is a public holiday in between).
Paying with a credit or debit card is also quick and easy, but it has a problem, not everyone has a card. Banks impose some very specific requirements that are not always met, or may not be of interest.
Playing poker with Ethereum is interesting because to use this means of payment we will only have to have a wallet and buy them through a platform, or by offering your services in exchange for these cryptocurrencies.
Thus we will not have any obligation with a bank.
Payments without limitations
Cryptocurrencies are decentralized, which tells us that they do not depend on any country, government or financial entity. This, in addition to guaranteeing that no one can speculate on their value, also gives us access to them from anywhere, regardless of where we are in the world.
Forget about needing bank permits to play an Ethereum poker game, for example.
If you pay by transfer or with your card, there will be a certain charge that reveals what you have done. Not that there’s anything wrong with playing at online casinos, but we may not want the bank to be aware of it.
You control when to make the payment without having to ask anyone’s permission.
Is Ethereum Poker secure?
This point is related to the previous one. It is true that there is no 100% anonymous system, but the truth is that tracing the identities behind an Ethereum payer is very complicated.
Thus, playing poker with Ethereum is practically completely safe. We can have an experience and be sure that our identification data will be hidden.
The only thing that is needed to complete the transaction is the public key of our wallet. Through it, no details about your real personal data will be provided.
The security of your personal data is also closely related to the quality of the wallet you have chosen, so you should take your time to choose correctly.
Are their commissions charged on Ethereum poker?
The truth is that playing poker with Ethereum is not always free, as with other payment methods, it is possible that some commissions are added. It is up to you to study them and determine if they are worth it. If not, it is a matter of looking for another bank that accepts Ethereum, whose commissions are not so extreme, or directly that it does not have.
Before starting an Ethereum poker bet you must have access to your Ethereum wallet. The first thing is to buy them through a digital wallet that offers you these services.
As with any website, you must fill a completely free registration form. Once there, you can enter the market and buy the amount of Ethereums you need.
The next thing you need to do is select a safe and profitable Ethereum poker betting site. With a verifiable reputation and that offers the best services to its clients. There you must also create an access user, the best platforms have mobile apps.
With these first steps, you will find yourself halfway there, all that remains is to make the deposit and get started in the world of online poker.
Before finishing this operation, check if the withdrawal methods are similar to the payment method, so it will be easier to withdraw your earnings when you need it. In most cases, bets are subject to predetermined currencies, this will not be a big problem. We can even say that in this way you will have greater control over the amounts of Ethereum that you have accumulated in your user account.
Bet with confidence and rest assured that your data is protected at all times. Anonymity is the main characteristic that these bookmakers have within their terms and policies of use.
Since the birth of Ethereum as a means of marketing and payments, different brands have decided to support this initiative. Throughout the network, there are platforms and virtual stores that already reflect Ethereum within their system for different operations.
The bookmakers have not been left behind. Now we very often see sites where we can play poker with Ethereums. This digital currency is perfect for any type of anonymous operation, benefiting players from all over the world.