If you have been a fan of poker for a while, you have probably come across something called crypto poker. Powered by the miraculous rise of the crypto realm, this new variant of poker has proved itself to be a worthy addition to the traditional way of playing poker.
Due to a long list of exciting and lucrative benefits, many recreational and professional players around the globe have started to play poker with bitcoin . Millions of players are tuning in to test their skills in crypto poker, with more and more currencies being used daily.
Before diving into a breakdown of the list of benefits, it is important to understand that this type of poker should be regarded as an addition to the constantly evolving industry. With increased security and anonymity, you will likely find a few reasons to give it a try.
Crypto Poker Explained
In simple terms, crypto poker is a new form of poker that relies on the use of blockchain technology. Unlike traditional poker, found in casinos and dim poker rooms, which relies on the use of fiat currency, this variant uses cryptocurrencies as a form of payment.
This means that players deposit and withdraw using cryptocurrency. Instead of being played in person, it is played in online poker rooms. Instead of using fiat currency monitored by central authorities such as banks, this allows you to play virtually using cryptocurrencies.
This increasingly popular variant of poker has amassed a large fan base, allowing players to indulge in highly accessible, anonymous, decentralized, and transparent play.
To start playing, you will go through steps that include registering on an exchange and verifying the said account. After this, you will go to the next step of purchasing a currency of your choice. The most common choices are Bitcoin, Litecoin, and Ethereum. After opening a crypto wallet, you will transfer the currency to it, and proceed to register in a poker room.
Benefits of Crypto Poker Crypto poker has a mountain of benefits. First of all, accessibility. Unlike traditional poker where you have to physically show up at a casino, crypto poker is […]
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