CoinPoker, an online poker site, recently released a proof of reserves report showcasing that user deposits are covered 1:1 in cold wallets, visible on the blockchain. In addition, the site holds extra reserves in hot wallets for instant withdrawals. Former Austrian footballer and poker professional Mario Mosböck has joined CoinPoker as an official ambassador, along with British pro Patrick Leonard. Their mission is to help build the best online poker site in the world, emphasizing community involvement.
Founded in 2017, CoinPoker is a newer crypto poker room and casino that has gained recognition as a top online poker site by various publications. Unlike traditional poker sites that use fiat currency, players on CoinPoker wager with Tether (USDT) and benefit from blockchain technology to ensure the safety and segregation of user funds. By accepting various cryptocurrencies as deposits, CoinPoker stands out as a platform that fully embraces digital assets for all poker activities. In addition, the site utilizes Fireblocks vaults and a decentralized RNG software to enhance security and fairness.
Mario Mosböck, a successful poker player with over $11.7 million in live tournament earnings, has joined CoinPoker as an official ambassador. Known as ‘livinmydream’ on the site, Mosböck is actively involved in high stakes PLO cash games. Alongside Mosböck, Patrick Leonard, a well-known poker coach and player with significant live and online earnings, has also become an ambassador for CoinPoker. Leonard’s goal is to contribute to creating a safe and top-tier online poker environment for players worldwide.
CoinPoker emphasizes customer security and showcases its financial integrity through Proof of Reserves, demonstrating its ability to cover all user assets. The company holds a Curaçao eGaming License to comply with regulatory standards. The total assets held in reserve, as of the report, are slightly more than the customer deposits, equal to 105% of the deposits. Funds are stored in both cold and hot wallets for security and instant withdrawals, allowing players to engage in crypto poker and casino games with ease. Players can verify the reserve funds on various blockchain tracking sites.
To celebrate the release of the Proof of Reserves report, CoinPoker announced an exclusive promotion for players to gain free entry into a $40k GTD Sunday Special tournament. The site actively engages with the community through social media to enhance trust and transparency. Licensed in Curaçao, CoinPoker offers various poker games on Windows and Android devices, along with enticing bonuses for new players. Holders of the site’s native cryptocurrency CHP can enjoy additional benefits such as rakeback on their gameplay.
Overall, CoinPoker’s commitment to transparency, security, and innovation sets it apart as a leading online poker site that leverages blockchain technology to enhance the player experience. With the addition of ambassadors like Mario Mosböck and Patrick Leonard, the platform aims to continue improving and becoming the go-to destination for online poker enthusiasts.
