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.
As with all online casinos accepting of cryptocurrencies, it’s down to the individual casino operator whether they allow direct deposits with the EOS token. Or, if EOS is used to make the deposit, with funds then being converted into the casino’s native token.
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Casino sites accepting EOS
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.
For example, the people behind EOS claim they aim to process 100,000 transactions per second, making it one of the fastest decentralised systems around. By being able to work at breakneck speed, EOS as a whole becomes appealing to operators, especially those prevalent in the online gaming world today.
Using EOS at Casino
Cryptocurrencies and tokens such as EOS allow for a more accessible and convenient online gaming experience, primarily as the benefits provided, of which we will come onto later in our concise guide, meet the demands of players.
It’s worth considering EOS as the whole package, rather than just the token, as there are more benefits in play:
- The EOS ecosystem could be the future of blockchain
- Lightning-fast processing speeds improve convenience tenfold
- Reputable casinos accept the EOS token
- EOS aims to eradicate the flaws of other blockchain enterprises
In EOS, you have a popular token accepted by many gaming platforms, as well as a blockchain system that’s fast and efficient.
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 is one of the more recent cryptocurrencies to hit the scene. It isn’t as popular as some of the others in the market, so casino operators run introductory promotions and deals to encourage new and existing punters to use EOS.
EOS is a reputable cryptocurrency. So, in most instances, punters can use the token directly when playing at online casinos. Some platforms prefer their players to use a native currency, however, but EOS will convert with ease.
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.