Ethereum is the second largest cryptocurrency by market cap, and by far the top blockchain when it comes to decentralized applications (dApps). Ethereum is secure, has incredibly fast transaction times, and the blockchain is provably fair – making it ideal for gambling. When it comes to the best Ethereum (ETH) roulette casino games, we’ve got you covered – but first, let’s take a look at what makes Ethereum unique.
Launched in 2014, Ethereum has quickly grown into one of the top cryptocurrencies in the world. The blockchain is unique, in that it was the first to introduce smart contracts and, by virtue of that fact, decentralized applications. It is partially responsible for the growth of the cryptocurrency gambling industry, making the online casino industry more accessible for players all around the world.
Ethereum dApps account for the majority of the top dApps in the world, with the gambling category at the helm. There are hundreds, if not thousands, of legitimate and accessible Ethereum gambling dApps on the market, including ETH roulette, all of which bring something special to the space.
How to Start Gambling With Ethereum
To start gambling with Ethereum and playing ETH roulette, you must first acquire some ETH. This is relatively simple. All you need to do is find an exchange or marketplace that sells ETH, and use your credit or debit card to purchase it.
Exchanges like Binance and Kraken are trusted, and allow you to purchase the cryptocurrency of your choice using your fiat credit or debit card. From there, you can store your ETH coins in your wallet, and make your deposit into the casino of your choice.
Now, let’s take a look at what makes Ethereum (ETH) roulette unique.
The Origins of Ethereum (ETH) Roulette and ETH Roulette Casinos
The history of roulette dates back hundreds of years, to 16th century France. According to Crescent.edu,
“The Roulette wheel was invented by a French physicist, inventor, and mathematician named Blaise Pascal. Initially, Pascal wasn’t trying to invent a casino game. In 1655, Pascal tried to invent a perpetual motion machine.
A perpetual motion machine is a machine that continues to operate without drawing energy from an external source. The laws of physics say it’s impossible, but being an inventor, Pascal was attempting to defy the odds. His experiment failed, but the process gave birth to one of the most popular casino games of all time.”
The zero wasn’t present on the roulette wheel until well into the 19th century, which is when the game that we know today was born. Roulette has since gone on to gain popularity, and is commonly associated with High Rollers and brick and mortar casinos.
However, the invention of the internet in the 1990s led to online gambling, and roulette was brought into the modern age. It’s now possible to play the classic casino game from the comfort of your home, with Ethereum (ETH) roulette casino games a popular choice.
The invention of Bitcoin ultimately led to the creation of cryptocurrency casinos and cryptocurrency gambling, but it wasn’t until Ethereum rolled around in 2014 that the concepts of smart contracts and dApps were born. Ethereum has revolutionized the online gambling experience, and ETH roulette games with it.
The Best Ethereum (ETH) Roulette Casino Games of 2020
Now, let’s take a look at the best Ethereum (ETH) casino games of 2020. There’s a whole lot to choose from here, but we’ve narrowed it down to give you the best experience possible. When you’re choosing an online casino game, you should look at the legitimacy of the site you’re playing on, whether or not the game is provably fair, and the quality of the gameplay. These are factors we’ve taken into account when compiling this list.
This online casino is host to a variety of excellent cryptocurrency games, but the ETH roulette really stands out. You’ll play on a fairly traditional wheel, following a registration process that takes all of 30 seconds. Below the wheel, you’ll find a list of all the bets that have been placed, your bets, high rolls, jackpots, statistics, and top players.
Crypto.Games is owned and operated by MuchGaming B.V, and is a fully licensed casino. Aside from Ethereum, you can also play in Bitcoin, Bitcoin Cash, Dogecoin, Litecoin, Ethereum Classic, and more.
Since its establishment in 2017, CryptoWild casino has risen to the top of the cryptocurrency gambling market. It’s not an exclusively ETH casino, as it accepts a variety of cryptocurrencies including Bitcoin, BitcoinCash, Ethereum, Litecoin, Dogecoin, and Tether.
GreenSpin casino is a crypto and fiat casino, which allows players to use Ethereum Tether, Bitcoin, Bitcoin Cash, Litecoin and Dogecoin. This platform believes in socially responsible gambling, so players can win big without a care in the world.
If you’re looking for a wide variety of exceptional ETH roulette games to play, look no further than BetChain casino. BetChain is one of the most established cryptocurrency casinos around, and for good reason.
You’ll find a host of excellent ETH roulette games to play at BetChain, including European Roulette VIP, French Roulette, American Roulette, and more. Making your Ethereum deposit is as simple as signing up and sending your funds to the given address. It really couldn’t be easier.
Start Playing Ethereum (ETH) Roulette Today
We’ve looked at the best Ethereum (ETH) roulette casino games of 2020, and it’s clear there’s a huge range of action going on. It’s fair to say that the choice really lies with you, the player, but we’d like to think that we’ve been able to provide some much needed guidance.
Ethereum (ETH) roulette is a secure, fun, and accessible way of getting your play on, so why not give it a try for yourself?
Holders can earn passive income with Origin’s OUSD
Origin, a peer-to-peer commerce company, has announced the launch of Origin Dollars, or OUSD. This stablecoin uses its reserve for the decentralised finance (DeFi) space and allows users to profit by holding it
Origin announced earlier today that its stablecoin, Origin Dollars or OUSD, is now live. OUSD is a stablecoin that leverages DeFi, allowing balances to grow without holders staking their coins or having an account with the platform.
Matthew Liu, Origin’s co-founder, stated that at the moment, only a small audience gets and understands DeFi as the barrier to entry is much higher. The goal of Origin and its OUSD stablecoin is to make DeFi easily accessible to more people around the world.
The company announced that OUSD is currently backed 1:1 by the leading three stablecoins: USDT (Tether), USDC (Circle and Coinbase dollar) and DAI (MakerDAO).
To mint OUSD, users can easily deposit any of the three supported stablecoins into the new Origin app, or they can buy the coin from Uniswap.
Once a user buys OUSD, their investment will produce passive income in their wallet, with no further action required. “OUSD automatically earns competitive yields from DeFi protocols while it’s still sitting in your wallet,” the blog post added.
Origin revealed that OUSD has a novel design that ensures users don’t need to stake or lockup their coins to participate in lucrative DeFi strategies. There is also no need to unstake or unlock when users want to transfer their coins to another wallet, ensuring users don’t spend gas fees and can conveniently switch between earning coins and spending them.
Origin stated that, “Your earnings compound continuously and are reflected in your ever-increasing OUSD balance, while still being available for payments, commerce, and peer-to-peer transactions.”
The passive nature of earning money with OUSD makes it perfect for both sophisticated DeFi experts and novice users. Anyone can earn returns passively, without the stress and complexities associated with yield farming.
According to the blog post, the OUSD stablecoin is a natural extension of Origin’s mission to promote peer-to-peer commerce. Origin believes that the OUSD stablecoin will help boost the decentralised commerce platform as it leverages DeFi and allows sellers and buyers to transact easily.
MakerDAO won’t compensate Vaults affected by liquidations during the March market crash
MakerDAO has concluded a governance poll in which Maker token holders have decided not to compensate Vault owners who suffered losses by liquidations during the March 12-13 market crash.
The post MakerDAO won’t compensate Vaults affected by liquidations during the March market crash appeared first on The Block.
Bitcoin May Drop to Psychological Support and Faces Selling Pressure at $10,600
Bitcoin (BTC) plunged to $10, 321 low after failing to break the $11,000 resistance. Now the king coin fluctuates between $10,300 and $10,600 in a tight range.
Bitcoin Price Long-Term Prediction: Bearish
The recent fall does not have a corresponding rebound. Buyers did not buy the dips to push BTC price upward. What we saw is the consolidation of prices above the $10,300 support. For the past 48 hours, BTC is fluctuating above the current support. BTC recovery will be delayed as the coin failed to rebound at the recent lows.
Bitcoin is in the bearish trend zone and as a result, the selling pressure may persist. Sellers may want to sink Bitcoin below the current support at $10,300. Subsequent falls to 10,000 and $9,800 may attract BTC rebounding from the recent lows. A strong bounce from the recent support can propel BTC to resume the uptrend. That is a rally above $10,500 and the bullish momentum extending to $10,800 high. Nonetheless, for the upside momentum to resume, the $11,000 resistance has to be reclaimed as a support level.
Bitcoin Indicator Reading
BTC price is fluctuating below the resistance line of the descending channel. The coin will resume an upward move if price breaks and closes above the resistance line. The crypto is at level 41 of the Relative Strength Index period 14. That is, it is in the downtrend zone and below the centerline 50.
Key Resistance Zones: $10,000, $11,000, $12,000
Key Support Zones: $7,000, $6,000, $5,000
What Is the Next Direction for BTC/USD?
The current move depends upon the holding of the psychological support at $10,000. The breaking of this level will mean that the Fibonacci tool analysis will hold. On September 3 downtrend; the retraced candle body tested the 78.6% Fibonacci retracement level. It indicates that the downtrend will extend to 1.272 Fibonacci extension level or $9,300 low. At this level, the market will now reverse.
Disclaimer. This analysis and forecast are the personal opinions of the author and not a recommendation to buy or sell cryptocurrency and should not be viewed as an endorsement by CoinIdol. Readers should do their own research before investing funds.
Blockchain4 weeks ago
Market Wrap: Bitcoin’s Powell-Induced Price Swing; Ethereum Still High on Gas
Blockchain1 month ago
The US Post Office Files a Patent for a Blockchain-Based Voting System
Blockchain4 months ago
How to Identify the ‘Third Wave’ of Cannabis Investments
Blockchain2 months ago
Wealthfront Lures Millenials With Crypto Memes and Tactics
Blockchain2 months ago
Top Five Most Advanced Cryptocurrencies
Blockchain4 months ago
5 Tips to Interest the Press in Your Cannabis Business
Blockchain2 weeks ago
Blockchain Bites: Is DeFi an Inside Deal?
Blockchain3 months ago
Top 5 Most Effective Cannabis Marketing Strategies