Bitcoin vs Ethereum: which is the better choice for crypto-currency gambling?
One of the first decisions you will need to make if you decide to bet in crypto casinos is which option to bet with. Will you choose the globally popular Bitcoins? Perhaps you will favour its close rival, Ethereum? Knowing the differences between the two can help you get started and that's where we can help, with our Bitcoin vs Ethereum gambling guide.
Why these two options?
There are, of course, hundreds of possible crypto-currencies, but only a handful are regularly accepted at casinos and crypto-currency betting sites. If you want to make sure you can play, then choosing one of the two largest and most popular options - namely Bitcoin or Ethereum - is ideal to start with.
Reasons to bet with Bitcoins
Bitcoin is the most popular crypto-currency accepted in casinos. Any online betting site that accepts digital currencies will naturally accept Bitcoin, so it's the ideal starting point for many. In addition, there is a wealth of information that can help you get started with BTC. This makes it ideal for beginners. BTC is more of a currency than Ethereum, the latter acting more as a platform for transactions. In addition, most casino bonuses are guaranteed to be available in Bitcoins.
Why Ethereum may be better suited to gambling
Ethereum has a few advantages over Bitcoin if you want to gamble in crypto-currency casinos. Firstly, it can process transactions faster than its counterpart. Secondly, it is cheaper to obtain. While there may not be as many games that are compatible with Ether as those that accept BTC, Ethereum is still, overall, a faster, more affordable option to use. Like Bitcoin, it is widely accepted on gambling sites. Smart contracts are another Ethereum feature worth exploring for security-conscious users, and Bitcoin does not offer this service.
What about Dogecoin, Litecoin and Bitcoin Cash?
The cost of Bitcoin and Ethereum has exploded in recent years. This can naturally make other options attractive. There are a few other crypto-currencies that are regularly accepted at online casinos, and these may also be worth a look if you are not convinced that BTC and ETH are the way to go. These crypto-currencies regularly include Dogecoin, Litecoin and Bitcoin Cash.
Find the best casinos offering you multiple options
Whichever crypto-currency you choose to use, you should try to find a top gambling site that offers both crypto-currencies and perhaps several others. Major casinos such as Bitcoincasino.io allow you to switch between the two. Therefore, if you are not completely satisfied using one crypto-currency, you can switch to another. In the case of Bitcoin Casino, you can switch to a traditional currency option if you prefer. This casino is also known to accept the other crypto-currencies listed above, making it the ideal place no matter which digital currency you choose to use.