In the ever-evolving realm of online poker, CoinPoker stands as a revolutionary platform that embraces blockchain technology and its in-house cryptocurrency, CHP. Launched in 2017 on a trial play money basis, CoinPoker made the transition to real-money poker in 2018, quickly gaining traction in the competitive online poker industry. This review aims to delve into the distinct features of CoinPoker, exploring its games, promotions, and overall user experience.
At the core of CoinPoker's operations is blockchain technology, where smart contracts facilitate seamless deposits and withdrawals. This approach allows CoinPoker to bypass traditional banking systems, resulting in instant payment processing without incurring any charges. As a minimalist poker room, CoinPoker has disrupted the crypto gambling scene by offering players a transparent and secure gaming environment.
Games and Formats:
CoinPoker caters to a diverse audience of poker enthusiasts by providing popular games such as Hold'em and Pot Limit Omaha (PLO) alongside the unique PLO5 format. The platform's portfolio includes ring games, multi-table tournaments, and the intriguing Cosmic Spins – a lottery poker variant. Notably, CoinPoker distinguishes itself by exclusively using CHP tokens, its in-house cryptocurrency, for all game transactions.
Welcome Bonus and Promotions:
While CoinPoker deviates from traditional welcome bonuses, it compensates with enticing freerolls and entries to major tournaments like the Crypto Series of Poker (CSOP). The platform's innovative rakeback system through Beasts of Poker, coupled with promotions like the Galactic Grinders Leaderboard and Bad Beat Jackpot, ensures that players remain engaged and rewarded.
Multi-table Tournaments (MTTs):
CoinPoker hosts a variety of MTTs named after astronomical phenomena, attracting players with free initial buy-ins and optional CHP rebuys. The weekly schedule encompasses NLHE contests, with additional offerings in PLO and 5PLO games. Special tournaments like the Crypto Series of Poker provide added excitement and opportunities for significant winnings.
Community Contributions and Rakeback:
CoinPoker stands out with its unique approach to rake, termed "community contributions." The platform redistributes 90% of these contributions back to players, establishing a user-centric ethos. Additionally, a flat 30% rakeback, credited weekly in CHP, serves as an extra incentive for players.
The CHP Token:
CHP, an ERC-20 token on the Ethereum blockchain, acts as the backbone of CoinPoker's economy. Despite historical price fluctuations, the platform's commitment to burning 10% of community contributions aims to enhance CHP's value over time. Frequent withdrawals are recommended, considering the token's market volatility
Deposits and Withdrawals:
CoinPoker primarily caters to players familiar with cryptocurrencies, offering deposits in various digital coins. The withdrawal process, limited to Bitcoin, Ethereum, USDT, or CHP, ensures quick and efficient transactions. Weekly withdrawal limits, contingent on the chosen cryptocurrency, are in place to manage player payouts.
Software and User Interface:
Powered by TGLab, CoinPoker's poker client software is compatible with Windows, macOS, and mobile devices. The user-friendly interface features customizable graphics, table backgrounds, and card styles. The platform's commitment to decentralized card shuffling and provably fair mechanisms instills confidence in the fairness of the games.
CoinPoker provides customer support through an in-client support form, email, and an official Telegram channel. While the website's support link may require attention, the platform ensures multiple channels for users to seek assistance.
CoinPoker emerges as a distinctive player in the online poker arena, seamlessly blending blockchain technology with a user-friendly interface. With its focus on transparency, unique game offerings, and player-centric promotions, CoinPoker provides an appealing alternative for poker enthusiasts seeking a crypto-driven gaming experience. Moreover, as the platform consistently evolves and strategically enhances its offerings, players can confidently anticipate a continually rewarding journey in the dynamic world of CoinPoker.