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Online Casinos and gaming platforms are now welcoming of cryptocurrencies and tokens, with EOS being the latter of which is produced by EOS.io, arguably the most powerful infrastructure for decentralised applications around.
Launching in June 2018, More than one billion EOS Coins have been distributed. The EOS Public Blockchain functions through a Delegated Proof of Stake, meaning that consensus algorithms are employed to improve security stands & mining capabilities.
The EOS Coin is purchased through Cryptocurrency Wallets like BitPanda, Blockchain, or CoinsPaid. After registering with a verified payment service, you’ll be able to buy and exchange EOS tokens and use it to gamble at online casinos.
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Online casinos are generally accepting of cryptocurrencies and tokens nowadays because there are significant benefits which come from using them. As we mentioned above, EOS is an ecosystem with a difference, and this immediately appeals to operators as a result.
One of the best things about cryptocurrencies is that innovation never stops. Everyone’s heard about Bitcoin, but there are other networks and coins out there that deserve attention to.
EOS, for example, is a decentralized network created for the hosting and development of dApps. Once thought as the Ethereum Killer, EOS has produced numerous casino dApps that make it a perfect gambling ally.
EOS Gambling Sites are finding their feet and fans around the world. The network was launched to give businesses a chance to produce dApps in a way similar to traditional web apps.
The EOS network allows for large-scale transactions per second without any fees on the user’s side. It’s a relatively new network that was launched in 2017, so EOS Casinos are not as widespread as Bitcoin Casinos.
With that being said, it still has a great list of uses and applications in the online gambling industry. Read on to learn more about the Top EOS Casinos.
Cryptocurrencies and tokens such as EOS allow for a more accessible and convenient online gaming experience, primarily as the benefits provided below, meet the demands for casino players.
It’s worth considering EOS as the whole package, rather than just the token, as there are more benefits in play:
In EOS, you have a popular token accepted by many gaming platforms, as well as a blockchain system that’s fast and efficient.
EOS Gambling Sites offer numerous advantages for players and operators too. In essence, most of them are casino dApps where you can find Provably Fair Games. These casinos accept all kinds of cryptocurrencies, and the EOS network allows for ultra-fast processing times.
Join an EOS Gambling Site and you’ll find all kinds of Provably Fair titles, including slots, crash games, blackjack, roulette, baccarat, and poker.
Making a deposit at EOS Coin Casinos is easy. The most important thing is to buy EOS from a reputable exchange and store it in a wallet of your choice. Once you do, you can connect the wallet to a casino dApp and make deposits and withdrawals.
Transaction speeds are EOS’ forte so the deposit should land instantly. Compared to ETH-based coins, the fees are much lower.
To prevent fraud, EOS Coin Casinos usually allow withdrawals back to the wallet and network you previously used for a deposit. This means that if you used EOS to deposit, you will also use the same network for withdrawals.
Withdrawals are easy to make. Simply go to the Withdrawal page on your profile, enter the desired amount, and click on withdraw. If there are no verification delays on the casino’s side, it should arrive within the hour.
EOS is divided into two parts by its developers. EOS.IO is what runs the blockchain network, very much like how Windows is used to run a computer. The EOS token is the cryptocurrency, and this is the part which people can use to play at online casinos.
According to those behind EOS, their infrastructure is the most powerful around. They provide users with a decentralised system which allows for the development, hosting and executing of decentralised apps, commonly referred to as dApps.
If you’re an online casino operator or gamer, there are the usual benefits which come with using a cryptocurrency token such as EOS. For example, there is no requirement to enter your own personal or banking details, which protects both user and operator alike.
In general, the EOS ecosystem aims to be somewhat of a problem solver. It can see the flaws in other blockchain systems, and attempts to do things better, more efficiently and at a faster rate. So, by using EOS, you’re effectively a part of the solution and the future of blockchain and cryptocurrencies.
EOS is more than a cryptocurrency. It’s an ecosystem. Therefore, it’s of significant appeal to casino operators in the online world. So, they accept EOS as a payment method, based on what it brings to the table.
EOS isn’t as popular as some of the others in the market, so casino operators will offer introductory promotions and deals to other coins such as BTC and ETH.
Yes. EOS is a reputable cryptocurrency. So, in most instances, punters can use the token directly when playing at online casinos.
Yes. The developers of EOS claim the ecosystem can process up to 100,000 transactions per second, which makes it one of the quickest in the business. Speed of transaction is something both operators and customers benefit from.
Yes. Once you deposit into a Crypto Casino you should be be able to swap it for EUR, BTC, USDT, ETH or other coins.
Cryptocurrencies aren’t regulated by any government, meaning that there is no tax to pay on them.