Ethereum might have begun life chasing Bitcoin’s mega-success, but today it’s a force in its own right, and driving two mega markets: online casinos and crypto trading.
Many of us already use its native currency, ETH, to game at our favourite online casinos, or maybe even dabble in a little trading. But if you’re new to this world, it’s really important to understand how it works before you place bets or dabble with leverage in a crypto trade situation. Let’s go!
What’s Ethereum’s backstory?
Ethereum’s a blockchain platform. It launched in 2015 to support crypto transactions. It also allowed crypto casinos to work without intermediaries thanks to its smart contract features.
Its currency, Ether (ETH), is used today by crypto gamers and traders because it’s super-fast (unlike traditional banks), transparent on the blockchain ledger, and simple to access. You also stay in control of your funds when you use them.
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