Coinpoker review 2024

CoinPoker, the world's largest cryptocurrency poker site, offers games in USDT and its own currency CHP (used only for rake and rakeback). This poker room started operating in early 2018, and one of its main founders is the famous Tony G. Its operations are managed by "Precise IG Solutions B.V.", which holds a Curacao e-gaming license. In this detailed review, we will examine the most important aspects of the poker room. We mainly focus on answering the key question: Is "CoinPoker" safe for players? We will also review the rakeback and rake structure, RNG, deposit and withdrawal options, and available games.

coinpoker-review

What is CoinPoker?

CoinPoker is a poker platform that operates with cryptocurrency and is based on blockchain technology. It is known for being the first to host online poker tournaments using Ethereum currency.

Additionally, it has its own token called CHP (CoinPoker Token), which players can use for placing bets and receiving payouts in the platform's poker games.

Pros and Cons of Playing on CoinPoker

✅ Pros ❌ Cons
Games in USDT to avoid fluctuations Limited payment options in certain regions
High 33% rakeback Withdrawal fees
Latest software Withdrawals only to private wallets (not to CEX)
Great reputation and security Rakeback only available if you have a CHP account
Mobile apps for iOS and Android devices Only for cryptocurrency users
Convenient and prompt customer service Lower player traffic compared to traditional poker sites
Global accessibility without geographical restrictions

Game Selection

Stakes and Limits: CoinPoker caters to various players, with stakes starting from a few CHP (the native CoinPoker token) and going up to high-stakes games. This variety ensures that both casual players and high rollers can find suitable games.

Player Traffic: Although the player base is smaller compared to traditional fiat-based poker sites, CoinPoker's traffic is steadily growing, especially during peak hours when tournaments attract a larger audience.

Texas Hold'em

Texas Hold'em, also known as the “Cadillac of poker,” is undoubtedly the most played poker game worldwide. Here, each player receives two cards and then combines them with five community cards to form the best five-card hand.

For more information on poker hands, you can check out our article.

Omaha

Omaha, usually played in a pot-limit format, is a game where you receive four personal cards. To create the strongest possible five-card hand, you must combine exactly two of these cards with exactly three of the five community cards.

While PLO is the most popular style of Omaha, it is also often played as a high-low split game known as PLO8.

In PLO8, the “O” in H.O.R.S.E., half the pot goes to the highest “high” hand, and the other half goes to the best five-card unpaired “low” hand. This only happens when all five cards are eight or lower in value.

PLO5

PLO5 is a cousin of PLO (also known in some circles as PLO4), but here you are given more personal cards.

This means that pre-flop draws are even tighter. You will need to make the right decision and fold some hands with pocket aces.

If you think PLO5 is crazy, there is also PLO6 and higher, but CoinPoker only offers up to PLO5.

Cosmic Spins

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Cosmic Spins is CoinPoker's version of Jackpot poker. It is a fast-paced tournament usually involving three players and starting with a relatively small buy-in.

There are a total of eight buy-in levels for Cosmic Spins: ₮0.25, ₮1, ₮3, ₮5, ₮10, ₮25, ₮50, and finally ₮100.

A reel is spun before each tournament. The prize for the winner can range from 2x to 1000x your buy-in amount.

CoinPoker has daily Cosmic Spins leaderboards, where each day the top 10 players in the low (₮0.25-₮5) and high (₮10-₮100) tiers can win ₮500 in Cosmic Spins tickets.

It is important to note that players who settle their winnings in CHP – the special CoinPoker ERC-20 token – will receive an additional 50% leaderboard points.

CoinPoker Sunday Tournament Offers

CoinPoker's Sunday tournaments are among the largest in the market, guaranteeing around ₮700,000 every weekend.

Of course, during various annual series, these guarantees can look even more enticing.

The biggest guarantees are:

coinpoker-sunday-tournaments
  • ₮5000 PLO Tycoon, ₮200,000 GTD
  • ₮5,000 Nemesis, ₮150,000 GTD
  • ₮1,000 Falcon, ₮150,000 GTD
  • ₮1,000 PLO Eclipse, ₮100,000 GTD
  • ₮200 Sunday Special, ₮40,000 GTD

Software and User Experience

Platform Compatibility: CoinPoker is available on both computers and mobile devices, supporting Windows, Mac, iOS, and Android. The software is optimized for smooth performance across all platforms, ensuring that players can enjoy a seamless experience both at home and on the go.

Interface and Navigation: The platform features a sleek and modern interface that is intuitive and easy to use. Players can quickly find their favorite games and access various features without much hassle.

Graphics and Sound: CoinPoker offers high-quality graphics and sound effects that enhance the gaming experience. The clean design and adaptive layout make it easy for players to stay engaged.

Mobile App

Using this app, you can enjoy playing poker whenever and wherever you want. The “CoinPoker” mobile app for iOS and Android devices can be obtained by visiting their website or the respective app stores.

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Once installed on your phone or tablet, you can start playing right away!

The installation is quick and easy, and once logged in, you can access all the platform's features.

How to install the “CoinPoker” mobile app?

  • Open your preferred mobile browser and go to here.
  • Select the option for your device – iOS or Android.
  • Click the download link and follow the app installation instructions.
  • Once installed, proceed to log in and start playing poker on your phone.

CoinPoker Rakeback, Rake, and Bonus

CoinPoker Rake: The “CoinPoker” rake structure is competitive, generally lower than traditional poker sites. In cash games, depending on the stakes, the fee usually ranges from 3% to 5%.

CoinPoker Rakeback: “CoinPoker” offers an attractive rakeback program, where players can earn up to 33% of their rake in CHP. This rakeback is transferred directly to players' accounts, providing significant value for regular play.

coinpoker-rakeback

Regular Promotions: “CoinPoker” offers various ongoing promotions, such as:

  • Leaderboards: Weekly and monthly leaderboards with substantial CHP prizes.
  • Rake Races: Competitions that reward the most active players.
  • Special Events: Frequent special events related to major poker series or significant cryptocurrency events.

Welcome Bonus: New “CoinPoker” players can take advantage of a generous welcome bonus, which typically includes a CHP matching deposit and free tournament tickets.

coinpoker-welcome-bonus

CoinPoker Payment Options

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Deposit Methods: “CoinPoker” supports cryptocurrency deposits, primarily CHP, Bitcoin (BTC), and Ethereum (ETH).

Withdrawal Methods: Withdrawals are also made in cryptocurrencies, and their processing time is usually quick, within 24 hours.

Fees and Limits: Due to the use of blockchain technology, transaction fees are minimal, and there are no significant withdrawal limits, making it convenient for high-stakes players.

Security and Fairness

Licensing and Regulation: “CoinPoker” operates under a Curacao Gaming License, ensuring compliance with international gaming standards.

Security Measures: The platform uses advanced blockchain technology to ensure the security of all transactions and game outcomes. This ensures that every deal is transparent and verifiable, reducing the risk of fraud or cheating.

Fair Play: “CoinPoker” uses blockchain-based RNG (Random Number Generation) to ensure that all games are fair and that results cannot be manipulated, giving players peace of mind.

coinpoker-rng-legit

Customer Support

Contact Methods: “CoinPoker” customer support services can be accessed via:

History and Background

Establishment and Development: “CoinPoker” launched in 2017, pioneering the use of blockchain technology in online poker. It was created to offer a more transparent and secure poker environment, using cryptocurrencies for all transactions.

Reputation: “CoinPoker” has gained a good reputation among cryptocurrency enthusiasts and poker players. It is known for its commitment to fairness and transparency, with all game outcomes verifiable on the blockchain.

Tony G won a record $7.75 million pot on the “CoinPoker” platform

Tony G won a record $7.75 million online poker pot on the “CoinPoker” platform. This hand was played using Tether (USDT) – a stablecoin pegged to the US dollar, making it one of the largest pots in online poker history.

This win sparked discussions within the poker community about the authenticity and significance of such a massive pot, but it was confirmed that Tony G indeed achieved this historic victory.

Conclusion

„CoinPoker“ offers a unique and innovative approach to online poker, combining the excitement of the game with the benefits of blockchain technology. The platform is perfect for cryptocurrency enthusiasts and poker players looking for a secure and transparent environment.

Due to its wide variety of games, competitive rake structure, and generous promotions, „CoinPoker“ stands out as the best choice for players who prefer cryptocurrency transactions.

Final Verdict: If you are comfortable using cryptocurrencies and are looking for a cutting-edge poker platform, „CoinPoker“ is an excellent choice. CoinPoker's commitment to ensuring fairness, security, and rewards for players makes it exceptional in the online poker field.

FAQ CoinPoker

Is „CoinPoker“ safe?

Yes, „CoinPoker“ is a safe platform that uses blockchain technology to ensure transparency and fairness.

What games can I play on „CoinPoker“?

You can play Texas Hold'em, Omaha, Short Deck, and various tournaments.

How can I deposit money on „CoinPoker“?

The site supports cryptocurrency deposits, primarily CHP, Bitcoin, and Ethereum.