Poker News

CoinPoker introduces its yearly Crypto series of Online Poker

CoinPoker introduces its yearly Crypto series of Online Poker (CSOP) tournaments, sans the requirement for cashout fees. 

The kickstarting was done on the 19th of April and will continue till the 28th of April. It will bring to the table 41 separate events and a guaranteed prize pool amounting to $1 million. It is one of the largest online poker championships utilizing cryptocurrencies. 

CoinPoker’s favourite CSOP series has become more attractive over time, drawing in poker enthusiasts from all parts of the globe to participate in the jaw-dropping prize pools in the form of crypto. 

2024’s CSOP springtime extravaganza will include approximately 1,500 games, with sure poker pots containing more than $300,000. There will be different levels of buy in to suit all pockets. Players will be exposed to progressive knockout (PKO), Pot Limit Omaha (PLO), Monster Stack, and many others. The event will focus on CoinPoker’s ecosystem. 

According to the poker news, The core factor of CoinPoker’s ecosystem is its utility token, which was created on the Ethereum network and is called CHP. 

Since poker utilizes uSDT stablecoin, CHP’s role is a bonus boosting element offering rewards and incentives targeting token holders. 

Players can earn CHP, whose value is $0.059, via the platform’s multiple promotional activities, rake races and others. CHP has a market capitalization of more than $15 million, with the circulating figure at 278,237,314, equivalent to 98%. 

Presently, the token is accessible for trading via QuickSwap DEX on the Polygon network. Antanas Guoga, a legendary poker player, is now the brand ambassador of CoinPoker, which helps in the form of greater endorsement for the company. 

CoinPoker is a prime online crypto poker company that was established in 2017. It utilizes blockchain technology for all payments and cryptocurrencies. This is one of the factors that sets it apart from all others in this business.

Michael Grant

Michael writes news articles covering covering whole casino industry. He is passionate about online poker games. He regularly contributes in-depth news stories regarding casino industry and legislations.

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