Betting with cryptocurrency is more and more commonplace. Now, you can find a range of different cryptos available for transactions at online casinos. One of these is EOS and though relatively new to the online gaming world, there are a growing number of options when it comes to this cryptocurrency.
So, let’s take a look at everything this crypto has to offer. Keep reading to see if EOS casinos are the ones for you.
Top EOS Casinos List (December 2022)
It may come as a surprise, but EOS is one of the most popular cryptocurrencies out there. EOS was launched back in 2018 and has been growing in strength ever since. Initially, this coin was actually developed to provide lightning-speed transactions and all on a scalable blockchain.
Within EOS, there are two different components. First, there is the EOS.io platform, which actually works very similarly to a Windows or Mac OS. Then, there are the EOS tokens that you can use to transact or make payments with each other.
EOS operates on a decentralized infrastructure, which means that this is not always recognized as a currency by countries around the world. The EOS blockchain is also used to host various commercial dApps too, and this is where the gaming platforms come in.
How can you bet with EOS?
So, how does it all work? Using EOS at an online casino is actually relatively easy. For starters, there is a low block confirmation time for EOS. It also has secure authentication in place, which makes it a really great option for online gambling. Although it has strong competition from Ethereum in this department, EOS actually comes out on top for a number of reasons.
This is mainly because with EOS you don’t have to pay any fees when using the currency. The reason for this is that there are no miners that need to validate the transactions. So, if you hold EOS tokens, then you don’t have any charges in place. Rather than the Ethereum proof-of-work model, EOS uses a proof-of-stake model, which puts it at an advantage.
You’ve also got incredibly fast transactions in place when it comes to EOS. Amazingly, it claims to make more than 100,000 transactions every second.
Starting out with EOS
If you want to start using EOS, there are a number of casinos you can use. But, you will need to play carefully. Here are some steps to follow to get you up and running:
- Pick a reputable crypto exchange like Binance or Coinbase
- Purchase EOS tokens by buying with a card or bank transfer
- Store your EOS tokens in a crypto wallet
- Sign up to an EOS casino
- Head to the banking section
- Choose deposit and connect your crypto wallet to your casino account
- Select the receiver account or use the casino’s deposit address
- Choose your EOS token and the amount you want to deposit
- Confirm the transaction
- Pick your game and start playing
Trying EOS gambling dApps
You can also try your hand at one of the 300 or so dApps available from EOS. These gambling dApps are increasing in popularity with many players gambling with thousands of dollars worth of EOS. Most of these dApps operate on the blockchain, but they still offer a wide range of different games for you to enjoy. This means you can play slots, virtual table games, and more. However, the number and variety of games at an EOS casino is generally less than that found at other crypto casinos.
Impressively, these EOS dApps are some of the most popular in the world. In fact, they’re beating out Ethereum and Tron with yearly turnovers in excess of $5 billion. Not only that, but you can expect a really high level of player activity and engagement here too.
Pros and cons of EOS casinos
So, there you have it. But, is EOS the option you want to play with at an online casino? There are a number of pros and cons to this cryptocurrency, and we’re just going to go through them here.
- There are 100s of dApps for gambling on the EOS blockchain
- You can expect incredibly fast transaction times
- There are no fees on transactions
- dApps offer provably fair games for a better gaming experience
- Has strong security and is a trusted crypto
- Not many EOS casinos available to choose from
- Many EOS casinos don’t actually offer games from top providers like NetEnt
- Some EOS casinos are unlicensed
- EOS is volatile with major fluctuations in value
While they are still somewhat hard to find, EOS casinos can actually give you a really great time. There are some major perks with EOS and these include the fact that you’ve got really fast transactions with no fees. You can even opt to split the profit on some dApps in order to claim more bonuses. However, the number of EOS casinos is relatively limited, but that’s where we can help. Take a look at the top EOS casino sites listed right here and get ready to play today!
Is it possible to bet with EOS crypto coin?
Yes, there are a growing number of EOS coin casinos out there. You just need to make sure you sign up to a crypto casino that accepts EOS as one of their payment methods.
Are EOS crypto casinos safe?
Most of them are, but not all of them. This means that it is very important to choose your EOS crypto casino very carefully. The safe ones are those EOS sites that have a license, good customer support, and regularly audit their games to ensure they are fair.
How can I buy EOS crypto coins?
To play at an EOS casino, you will need EOS coins. Luckily, it’s very easy to purchase EOS coins or tokens at a number of crypto exchanges such as Binance, Coinbase, or Kraken.
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