Unless you’ve been living under a rock, you too have heard about cryptocurrencies. Their astonishing rise, popularization, and widespread use have even caught the eyes of skeptics who used to claim that this is nothing more than a temporary financial investment trend.
Cryptocurrencies are now widely used as a regular method of payment. This includes big brands and global businesses such as Starbucks, Overstock, Microsoft, Home Depot, Whole Foods, Tesla, PayPal, Twitch, Etsy, CheapAir, and many more.
Therefore, it comes as no surprise that the world of crypto entered the world of poker. With over 100 million players worldwide, the most popular card game on the planet achieved an excellent transformation with the rise of online casinos and online poker rooms.
Chances are you might be sitting at your device and thinking – great, but how safe is crypto poker? Well, worry not, we’re here to bring you all of the info you need to decide whether you want in on this huge development that is making poker more accessible than ever.
What Is Crypto Poker?
A relatively new form of poker, cryptocurrency-based poker leans on the back of blockchain technology for the numerous new benefits it has to offer. For example, if you usually have a tough time with your poker face, the online version allows you to hide it.
This type of poker can be easily accessed, from the comfort of your everyday place. Additionally, there are no opening and closing hours. These guys run every day, 24/7.
The basics of the game remain the same when it comes to this modern take on poker. However, instead of using fiat money, players use cryptocurrencies. To be able to play a round, you first need to get a hold of crypto coins.
The choice of a coin will depend on which one you want to play with and which one you deem reliable. After purchasing them, you will then store them in a crypto wallet. Regarding prerequisites, that is all you need to do. Several coins are usually accepted in online poker rooms, with more gaining popularity.
All that is left at this point is to find a trustworthy online casino that accepts the coin you have. As soon as you register, you will get detailed instructions on how to proceed and play.
Traditional Vs Crypto Poker
Unlike traditional poker, where your stakes were derivative of your in-person attendance and win, this one has a completely different way of functioning. Due to the rise of this development, the game is gaining even more players and enthusiasts are rapidly joining.
There is no denying that there is a certain charm in winning against your opponents in person. There is also no denying that maintaining your poker face is a good feeling.
However, in the traditional game, you will often find that minimum bets can run quite high, as well as that tables have set limits. Let’s face it, not everyone lives close to a casino and not everyone feels comfortable enough to go in and put their best game on.
Keep in mind that the crypto version allows for zero outside impact and tampering. It is all up to you, and you do not need a dedicated time slot when to play a game – you can join in when you take a break from work at home.
Is Crypto Poker Safe To Play?
It doesn’t matter if you are a pro or occasional player – if you are looking for anonymity and safety, keep in mind that the online version is anonymous and decentralized.
Playing the online version is, at the least, as safe as the in-person one. While much of it has to do with the choice of your online casino, you will find that you can use cryptocurrency to fill your account. This practice enables you to have the privacy and safety you may want.
This is where experiences found online represent an important source of information for more details on the sites that seem promising. The better and the more reliable site you use, the safer you and your investments are.
Generally speaking, due to its layers of safety, decentralization, and an alternative payment method, crypto poker is regarded as a safe bet.