{"id":10596,"date":"2023-01-16T10:11:39","date_gmt":"2023-01-16T10:11:39","guid":{"rendered":"https:\/\/blog.coinpoker.com\/nl\/?p=10596"},"modified":"2024-09-25T22:58:50","modified_gmt":"2024-09-25T22:58:50","slug":"blockchain-poker-where-to-play-and-what-to-know","status":"publish","type":"help","link":"https:\/\/coinpoker.com\/nl\/help\/blockchain-poker-where-to-play-and-what-to-know\/","title":{"rendered":"Blockchain Poker \u2014 Where to Play and What to Know"},"content":{"rendered":"\n
If you love poker and cryptocurrency, blockchain poker is sure to be your next big passion. With convenience and entertainment at the tip of your fingertips, it\u2019s no wonder online casinos are expanding more than ever.<\/p>\n\n\n\n
Nowadays, there are tons of different games and poker variations to be played online, all within the comfort of your home. So if you\u2019ve been thinking about taking part in this exciting endeavor, CoinPoker has your back. Today, we\u2019ll break down how blockchain works, the best places online to play poker, and much more. So let\u2019s get into it.<\/p>\n\n\n\n
Before we go any further and talk about poker rooms and bonus options, we thought it best to explain what blockchain and cryptocurrency are exactly, so there\u2019s no confusion down the line.<\/p>\n\n\n\n
Blockchains are essentially public databases, which people can view or add to at any time. They represent distributed ledgers that are secured by cryptography, and the unique thing about them is that they don\u2019t reside on one, centralized server. Transactions are compiled into blocks, which are vehicles that hold data. And the chain makes up a consecutive string of every block.<\/p>\n\n\n\n
On the other hand, cryptocurrency is a digital store of value. Its primary use is buying and selling goods, property, or services. The most popular examples of cryptocurrency are Bitcoin, Ethereum, Litecoin, and Dogecoin. One of the reasons people turn to cryptocurrency is that it can\u2019t be counterfeited and it\u2019s often not controlled by a single, centralized authority. <\/p>\n\n\n\n
So what\u2019s the difference between blockchain and cryptocurrency?<\/p>\n\n\n\n
Well, blockchains can enable decentralized platforms, which then require cryptocurrency. Cryptocurrencies are a tool used on the blockchain and tokens used within a network. <\/p>\n\n\n\n
While we have you here, let\u2019s just quickly go over the differences between coins, tokens, and assets. Here\u2019s how to remember it:<\/p>\n\n\n\n
Coins, like Bitcoin, Ethereum, Litecoin, and Dogecoin are highly visible and can be traded. They also have their own blockchain network, and they can be earned as rewards when playing.<\/p>\n\n\n\n
Tokens don\u2019t have their own blockchain network but are rather built on top of an already existing one. They can\u2019t be earned through mining, but rather for providing specific, on-chain services.<\/p>\n\n\n\n
Lastly, we have assets, which can be traded but aren\u2019t divisible. They also can\u2019t be earned through mining, but they can represent real world-items.<\/p>\n\n\n\n
For some, blockchain poker and playing with cryptocurrency seem more of a hassle than it is worth. But we\u2019re here to prove you wrong.<\/p>\n\n\n\n
First off, there\u2019s the issue of security, which can be lacking on platforms not powered by blockchain. It is virtually impossible for someone to hack, cheat, or scam another player on the blockchain. <\/p>\n\n\n\n
What\u2019s more, the distributed network of nodes is self-regulatory, which means that your money is safe and your transactions are secure. Oh, and also, there\u2019s no way the game can be rigged against you.<\/p>\n\n\n\n
Then, there\u2019s the factor of anonymity, which is paramount for a lot of players. There are blockchain poker sites, which don\u2019t require almost any personal data, and if they do, your information is completely secure.<\/p>\n\n\n\n
You should also know that most blockchains are faster in processing transactions than regular banks, which means faster deposits and payouts. What\u2019s more, many online poker sites offer incentives for players using crypto.<\/p>\n\n\n\n
If you\u2019re already feeling the inspiration to start playing blockchain poker, you should know the best places to do it. But first, let\u2019s talk about what you should be looking for before you sign up for a platform.<\/p>\n\n\n\n
Don\u2019t get us wrong, blockchain poker is incredibly entertaining, but what happens when you want to play something else? The online casino you choose should offer a wide variety of games to play.<\/p>\n\n\n\n
But if you\u2019re stuck on poker, make sure to find virtual poker rooms that support different variants. The most popular ones you\u2019ll find include:<\/p>\n\n\n\n
If you love playing with others, you need to make sure that the online casino or poker rooms you choose have good traffic and a mix of players. Solid traffic is especially important if you want to participate in tournaments.<\/p>\n\n\n\n
Speaking of tournaments, if you feel like your game is good enough to join one, your chosen casino should give you the option. They tend to be more high-octane and high-reward and can attract players from all over the world. <\/p>\n\n\n\n
You should also check out how big the prize pools are so you\u2019re not wasting your time. Speaking of, CoinPoker hosts a monthly tournament<\/a>, and players can win their share of \u20ae15,000 value every month!<\/p>\n\n\n\n Bonuses and promotions are excellent ways to get access to games or poker rooms you might not usually get. Of course, online casinos offer tons of different options, so always make sure to find something that works for you. While some players can\u2019t do without a welcome bonus, others feel like having consistent promotions is more important.<\/p>\n\n\n\n We can\u2019t talk about playing blockchain poker without mentioning the diversity of payment options. Depending on which casino you choose, make sure that their payment options work for you and that they accept the cryptocurrency you\u2019re using. At CoinPoker, players can use USDT, CHP, BTC, or ETH to withdraw or deposit money from their accounts.<\/p>\n\n\n\n Now that you know how blockchain works and what you should be looking for in an online casino, let\u2019s talk about where you\u2019ll be playing. Of course, you\u2019ll have your pick of poker rooms, but here are a few of our top selections.<\/p>\n\n\n\n CoinPoker is a community-owned blockchain poker website that offers many different cash games, including:<\/p>\n\n\n\n CoinPoker is available on mobile, which means you can take part in all tournaments, cash games, and crypto poker experiences on the go. At CoinPoker, you can take part in many different tournaments, which are open to all, beginners and pros. In fact, the platform hosted the biggest pot in online poker history, worth $1.6 million.<\/p>\n\n\n\nBonuses and Promos<\/h3>\n\n\n\n
Payment Options<\/h3>\n\n\n\n
Best Blockchain Poker Sites<\/h2>\n\n\n\n
CoinPoker<\/h3>\n\n\n\n
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