CoinPoker price is $0.05340300
The current price of CoinPoker (CHP) is $ 0.05340300.
CoinPoker is a cryptocurrency-based online poker room that operates using Ethereum Smart Contracts. Touted as a global solution to online poker's fundamental issues, it aims to promote transparency and fairness in-line with the diverse potential of blockchain technology. CoinPoker uses transparency in its Random Number Generator (RNG) visible on blockchains, which players can see after each game.
Furthermore, CoinPoker (CHP) enables instant real-time transactions which are accessible and anonymized worldwide. This approach resolves common online poker problems such as slow transactions and lack of anonymity. In addition, CoinPoker upholds fair play at the tables to ensure equity and prevent cheating.
CoinPoker is also unique for a crypto initiative because it launched its minimum viable product (MVP) - an app - even before the ICO started. This means the product was already functional before funding was raised, showcasing a commitment to efficiency and practicality.
The team behind CoinPoker launched its ICO in November. Details about the exact individuals behind the initiative aren't explicitly mentioned in the provided data, but readers can refer to the CoinPoker website for information about the project's team, development timeline, and other pertinent details.
CoinPoker operates through Ethereum Smart Contracts, adding a layer of security and fidelity to the cryptocurrency poker room. The RNG, a critical aspect to ensure fair play in any game of chance, is fully transparent and visible on the blockchain. This means players can verify the fairness of the game post-match.
Moreover, CoinPoker’s currency, CHP, is based on a decentralized system, meaning transactions are realized almost immediately and are available worldwide. This drastically improves the transaction latency issues plaguing many online poker systems.
Anonymity is also a pillar of CoinPoker; thanks to blockchain technology, players can ensure their activities remain private.
CoinPoker brings the benefits of blockchain to online poker, solving many challenges the latter has been experiencing. Its emphasis on transparency, instant transactions, worldwide accessibility, user anonymity, and fair play set it ahead of traditional online poker platforms.
Moreover, CoinPoker broke from normal ICO conventions by launching a playable product, its poker app, even before the commencement of its ICO. This shows a high level of product readiness and commitment to provide tangible value to its stakeholders.
Besides game improvement features, CoinPoker also hosts grand opening events offering what it claims as "amazing prizes", funded by 15% of tokens distributed during the ICO.
Some key metrics of CoinPoker include its #1 market cap ranking, $ market cap, $ 0.05340300 current token price, +0.00% 24-hour price change, and 26.6K trading volume during the last 24 hours.
It is traded on several exchanges, including HitBTC, YoBit, IDEX, amongst others. The circulating supply of CHP is with a total supply of 278.2M.
While CoinPoker ensures transaction safety, it is still crucial to take personal measures to safeguard your tokens. Indeed, most of the crypto-asset losses are due to poor private key or password management. Avoid sharing your private keys, consider using a hardware wallet for storage, keep your computer software updated, and be vigilant against phishing scams.
Always remember that you are your own bank when dealing with cryptocurrencies, including CHP. Your safety is your responsibility.
CHP tokens which are the primary currency of CoinPoker can be purchased on the cryptocurrency exchanges specified on CoinPoker's website and possibly other platforms in the future. Remember to practice safe trading habits when dealing with cryptocurrencies.
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