CoinPoker has kicked off the new month by implementing a huge change to its very popular online poker platform. Beginning October 1, all of the operator’s tables have been migrated to USDT, a popular stable coin that, as its name suggests, it linked to US Dollars exchange rate.
The online poker platform is the first to introduce USDT as its in-game currency, a move that is expected to bring over some much-need changes to the operator’s offerings. This will certainly be a major boost for the site as it strives to extend its footprint across the vast online gambling industry.
To begin with, one of the first things that the operator is pursuing with the decision to use USDT is to solve the volatility issues that continue to plague several different digital currencies. More players are definitely going to be more willing to play online poker on the platform using a digital currency that is pegged to the value of the dollar.
USDT checks all of the right boxes when it comes to stability, transaction speed as well as overall reliability. For the poker community, it is definitely going to be a great option especially because of its superiority in terms of providing liquidity and a hedge against volatility.
Poker players are now also going to have the lowest rake in the industry while at the same time enjoying a verifiably fair decentralized card shuffling mechanism, a combination that is yet to be seen anywhere else.
More Features from CoinPoker
Since not many people will already have USDT, CoinPoker has also made currency conversion super easy. Not only can the players easily convert fiat to USDT from their bank accounts but they also able to deposit and withdraw in BTC and ETH. CoinPoker’s in-app currency conversion is pretty robust and reliable, something that lots of poker players will certainly love.
In case you are wondering what will become of CHP, CoinPoker’s original token, it will still be available for use for rake purposes. In fact, it will be used right alongside USDT. Players will note be forced to use CHP but suing its will, however, guarantee some pretty lucrative extra perks such as extra leaderboard points, rakeback, exclusive access to the operator’s sportsbook as well as massive discounts on withdrawal fees.
The amazing bonuses that the operator dished out on October 1 were just the beginning. There is so much more to come. Still, there is no better time to join the action than now.