There is no question that cryptocurrencies and online gaming are a perfect marriage, with advantages for both players and operators. The financial system was warped-accelerated by Bitcoin and blockchain, and the iGaming sector casually jumped on board to take advantage of this time-space shift. Numerous casinos now accept deposits and withdrawals using Bitcoin and a variety of other cryptocurrencies.
As the “golden key” that unlocks all casinos, gambling Coin (also known as CasinoCoin or CSC) seeks to advance the online gambling industry. Will its objective be accomplished? That is still up in the air. But https://gg.bet/en/casino is already ensuring that gamblers are getting the most advantage with updated promotions and technology on casino betting.
Let’s examine CSC in more detail to see whether it would be wise to invest in it.
Info About Casino Coins
Like Bitcoin or Ethereum, Casino Coin is a blockchain-backed digital currency primarily focusing on the online casino sector. It provides cheap transaction fees for gamers who want to deposit and withdraw money from an online crypto casino. Additionally, the money is secure and safe, offering the kind of traceability that can only be found in blockchain currencies and making it simple to audit and settle disputes.
As gamers who choose to use CSC will have access to a variety of casinos that accept it, CasinoCoin’s vast user base may be its most useful attribute. Additionally, because Casino Coin simplifies the registration procedure, gamers will find it much simpler to become registered members thanks to the user-friendly wallet.
Finally, a separate team focused on end users and operators created CasinoCoin specifically for the regulated gambling sector. The XRP ledger, renowned for its amazing speed, security, and cheap transaction fees, underpins the coin.
History Of Casino Coins
Despite being founded in 2013, Casino Coin has undergone many ground-level rebuilds, giving it a very extensive history. When it was first introduced, it was LTC-based but had little to no traction. The project’s primary developer, who is missing, abandoned it soon after it was launched, which was the icing on this disastrous cake.
When a new team took control in 2017 and rebuilt the cryptocurrency, switching to Ripple as the driving force behind CSC, the project was revived. On December 17, 2017, when the price of one unit of CSC was $0.5445, the coin was at its highest. However, following the first surge of cryptocurrency investment, things appeared to have gone south, with the price falling below $0.0003 in less than a month. However, no specific flaw in the currency itself might account for this abrupt reduction. In reality, the CSC team raised the number of coins in circulation to fulfill demand, which caused the CSC price to plummet significantly.
The brand got another revamp in April 2021. A post on CasinoCoin’s official website states that the currency had another leadership shift in November 2020 when Daniel Keller, a former technical consultant, assumed the position of chief technology officer. As the COO, Matthew Cheetham assisted him. The new leadership took a more targeted strategy primarily directed towards Tier 1 and 2 gaming markets. Due diligence is being conducted as I write this article, and the new team is working on getting CSC in shape and listing it on several cryptocurrency platforms.
Where Can I Purchase Casino Coins?
There aren’t many exchanges where you can buy CSC, but the project’s team hopes to alter that shortly. The official website states that people who want to get CSC can do so at:
- Bitrue
- Stex
- Bitexbook
- Whitebait
XRP Toolkit, GateHub, and Sologenic are your options for using a DEX to obtain CSC.
Is Casino Coin A Good Investment?
Making the lives of operators and players simpler while bringing the online casino industry closer together is a good notion. However, in order to do that, Casino Coin must buckle down and put in extra effort.
So, is CSC a smart financial decision? We suggest undertaking extensive study beforehand to comprehend the currency and its possibilities fully.
