Casinocoin is a type of cryptocurrency that uses the Ripple blockchain. Read on to find out more about this type of blockchain technology and its benefits.
CasinoCoin is based on peer-to-peer, blockchain technology. The coin was introduced in 2013 but shot to fame in 2017 after the coin was repossessed by new owners and developers. The blockchain previously used to develop the club was Litecoin but later changed to the Ripple Blockchain for better performance.
CasinoCoin is primarily for online gambling and cannot be used for other transactions outside CasinoCoin casino sites and other gambling sites that accept the coin.
18+ New Players Only. Min. Wagering Requirement. Valid until Further Notice. Full T&C's Apply
Benefits of CasinoCoin at Online Casino
This cryptocurrency is just like every other digital currency and is very safe. This is because all transactions carried out on CasinoCoin casinos cannot be hacked since the Coin was designed with the Ripple blockchain. This blockchain is one of the most secure in the world.
Timely transactions can be made using the Ripple blockchain, which can handle over one thousand transactions every second. Unlike other blockchains, transactions are usually very fast.
Cheap transaction fees are achieved when Gambling at a CasinoCoin casino and other gambling sites that accept the Casino Coin. These casinos usually charge less than a penny for services rendered.
Several cryptocurrency exchanges sell casino coins. However, there are limited exchanges that offer the coin.
The coin was developed using the Ripple blockchain. This type of blockchain is one of the fastest around, with the ability to host over 1000 transactions at a time.
Casinocoin comes attached with a crypto wallet of its own which can be used to store coins.
The coin is relatively cheap. At the time of writing one Casinocoin is worth $0.00434. This is one of the reasons for the popularity of Casinocoins.