Author: Ivan MostovoyUpdated
Win Win Casino offers to connect the Ethereum payment service for casinos on the most favourable terms. We can integrate a new ETH wallet into the structure of an already functioning multi-currency site or create a custom crypto casino that works with Blockchain technology.
The Ethereum payment system is a peer-to-peer network, each structural element of which (wallet, transfer, transaction amount, communication channels) is encoded using cryptographic encryption.
The basic component of the payment service is an ETH wallet. This is a multi-tasking application with which casino operators can:
The Ethereum payment system for online casinos operates on the principle of smart contracts — electronic protocols with fixed conditions (amount, date, transfer time, additional costs and other options). To determine the value of the contract, ETH tokens are used - stablecoins.
The advantages of the system are closely connected with its key features:
Installing the Ethereum payment system for a casino allows making direct transfers between the operator and the player, without a banking institution, payment resource, conversion service, etc.
Since the solution works by bypassing international and local financial institutions, it is not subject to the laws of specific countries/regions.
Due to this, the connection of the Ethereum payment system in a casino does not require a gambling licence, unless an operator uses fiat money as an alternative payment method
To conduct ETH transactions, a business owner needs to fulfil two conditions: open an ether wallet for their casino and check if the user has the same account
The absence of intermediaries (banks, conversion centres, government institutions) ensures instant transfers without additional costs
Anonymity of operations
Casino integration with the Ethereum payment system will surely attract high-quality internet traffic.
Gamers value ETH platforms for the opportunity to remain incognito. The wallet address is all the information that the system requests when transferring
The service accepts operations from anywhere in the world, regardless of the jurisdiction in which a gamer is located. All the user needs is to have a stable Internet connection without being tied to the type of device.
Operations can be carried out using both desktop and mobile devices
Minimisation of intermediaries during ETH transfers (from a player to a gambling site and vice versa) may seem like an overly simplified solution and, as a result, unreliable. In practice, the connection of such a system is distinguished by a high degree of protection from external and internal threats.
The reference safety of transactions is achieved due to certain features:
Integration of Ethereum payment systems is possible for:
ETH operations are used as an additional option to expand the client base, introduce modern technologies, and enter new markets. This is convenient for already functioning projects that are undergoing rebranding or a decrease in online traffic for any reason.
Progressive casino sites attract a young audience that understands crypto technologies and all the advantages of digital money settlements.
For legal functioning, an operator only needs to install the Ethereum module. Licensing and support of banking institutions will not be required. However, business people should not limit themselves only to ETH. Ethereum, for example, works great in conjunction with Bitcoin.
At the moment, only a few providers offer slot machines with settlements exclusively in ETH. There are many more “one-armed bandits” supporting Bitcoin and other crypto units.
You can order a Blockchain project or a traditional gambling resource from us with a catalogue of modern "one-armed bandits", a licence, a convenient user interface and other components to choose from.
We also create HTML5 slots according to customer sketches, help with casino advertising promotion, and organise technical support.
Contact Win Win Casino and find out the details.