CoinPoker continues to impress and attract poker players to its platform – however, not with a lucrative giveaway or freeroll this time around.
In a first of its kind move, CoinPoker has taken advantage of being a crypto poker site to show fully transparent Proof of Reserves, with all its user deposits now visible on the blockchain
Users can track the public cold wallets that hold customer funds and ensure the site holds a reserve ratio of at least 100% or more, cementing CoinPoker’s reputation as among the safest poker sites.
CoinPoker ensures all player funds are secure, segregated and visible 1:1 on the blockchain for transparency – view our Proof of Reserves report and learn about our RNG and licensing here https://t.co/jsWkNxbeWw #crypto #poker
— CoinPoker (@CoinPoker_OFF) July 26, 2024
At the time of writing, CoinPoker currently has $16.28 million in customer deposits and $17.73 million in total reserves, boasting a reserve ratio of 109%.
CoinPoker – One of The Safest Poker Sites
There is a reason why CoinPoker is often listed as one of the safest poker sites. For instance, Poker Scout recently ranked it as the top crypto poker platform, citing its security features as one of the reasons behind the number one spot.
Indeed, CoinPoker has taken several steps to safeguard customers and showcase its financial integrity.
For instance, it holds the industry leading Curacao eGaming License, a testament to its adherence to stringent regulatory standards and legal compliance.
Additionally, CoinPoker uses a decentralized, fully-audited online poker RNG for its platform to shuffle the deck. The software uses Ethereum’s hash function – Keccak 256 – ensuring that it cannot be reverse-engineered.
Now, the trackable Proof of Reserves offers an additional layer of security and transparency for the users. Furthermore, all customer funds are protected by Fireblocks, a top digital asset security company. Its multi-auth vaults and advanced Multi-Party Computation technology ensure that no single entity can move customer funds without consensus.
Finally, the company ensures that customer funds are held separately from its corporate holding, avoiding any illegal co-mingling of assets, which famously caused Full Tilt Poker to collapse in 2011 before being acquired by PokerStars.
Using the decentralized and transparent nature of blockchain technology, CoinPoker is showcasing why the safest poker sites of the future may be those that in which players exclusively use crypto to deposit and bet with.
Users can learn more about CoinPoker’s security features and see their Proof of Reserves here.
Enjoy Attractive Welcome Bonus, Rakeback and Giveaways With CoinPoker
CoinPoker’s transparency and security are the lesser-known reasons behind its popularity. The top crypto poker site is known for its massive guaranteed prize funds, freeroll tournaments and attractive bonuses and giveaways.
It is the same company that stole the spotlight with its Tesla giveaway. CoinPoker recently grabbed headlines with its $25 million CSOP+ event as well, the largest crypto poker tournament ever organized.
There is a reason why the world champion Argentina football team recently signed a CoinPoker as its regional sponsor.
Argentina National Football Team Sign Deal With Online Poker Site CoinPoker https://t.co/ap31kIATLO via @HighStakesDB
— Tony G (@TonyGuoga) July 29, 2024
Poker players can enjoy a wide variety of tournaments and cash games on CoinPoker anonymously, without any burden of KYC verification. They simply need to create a new account, download the CoinPoker platform on their device and sign in.
New players can also enjoy the lucrative welcome bonus, of 150% up to $2,000. They simply need to make a qualifying deposit of $10 or more and play on CoinPoker to generate rake, at least twice the bonus amount.
Players using CoinPoker’s native cryptocurrency CHP to pay the rake will receive an additional 33% rakeback.
For fans of casino gaming, CoinPoker is also a top-rated crypto casino as well as a poker site.
Follow CoinPoker’s X account to keep up with the latest bonuses, giveaways and freeroll tournaments.
About The Author
