CoinPoker is a poker room using blockchain technologies, cryptocurrencies, and encrypted RNG to provide players with a fair gaming experience.

CoinPoker Bonuses

In the room, there are three first deposit bonuses. All of them can be released by payin 2x the bonus value in rake:

  • 100% up to 100 USDT;
  • 100% up to 300 USDT;
  • 100% up to 700 USDT.

The minimum deposit is 20 USDT, and players have 60 days to release the bonus.

Rake on CoinPoker

In this room, rake is referred to as “community contributions”:

  • Cash tables — 5% after the flop, 0% before it;
  • Cosmic Spins — 5%;
  • Tournaments — 8%.

CoinPoker may change the rake for specific tables or certain tournaments — usually, a notification is posted in the lobby about this.

Cap on CoinPoker (7-max NL)

StakesRake2 players3 or 4 players5, 6 or 7 players

Cap on CoinPoker (7-max PL)

StakesRake2 players3 or 4 players5, 6 or 7 players

Loyalty Program on CoinPoker

Weekly rakeback can reach up to 33%, but it is only credited under certain conditions. The process is as follows:

  1. You leave the table.
  2. If you have CHP in your account — the rake paid in USDT is returned to your balance, converted to CHP, and withheld. On the next Monday, 33% equivalent of the withheld amount is returned to your account in USDT.
  3. If you don’t have CHP in your account — you pay the rake in USDT and do not receive any rakeback.

Thus, for a player to receive rakeback, they must have enough CHP in their account. They can obtain them without leaving the room by converting them in the “Swap CHP” tab in the cashier section — however, this incurs a 5% fee. To avoid paying the room’s fee, you can buy and sell CHP through CoinPoker’s partner exchange — QuickSwap.

CoinPoker review

CoinPoker is a poker room built on blockchain technology. The game in the room is played using CHP (short for chips) — the project’s native cryptocurrency. Unlike traditional rooms, transactions on CoinPoker are processed in seconds, and the fairness of the RNG is guaranteed by the transparency of the blockchain.

When playing on CoinPoker, your money is stored not in an account within the room but in your own virtual wallet.

Cash Games on CoinPoker

Cash tables on CoinPoker feature three disciplines, offering some of the highest limits in the poker industry as of 2024:

  • NLH — limits ranging from NL5 to NL100K;
  • PLO — limits ranging from PL5 to PL100K;
  • PLO5 — limits ranging from PL5 to PL100K.

All buy-ins are in USDT, with its value pegged to the US dollar at a rate of 1 USDT = $1. Most tables have ante. The games are played in heads-up (HU), 4-max, and 7-max formats.

Tournaments on CoinPoker

In the regular schedule of the room, there are freerolls for NLH with prize pools ranging from 5 USDT to 50 USDT, as well as paid tournaments with buy-ins ranging from 0.10 USDT to 5,000 USDT and guarantees from 15 USDT to 200,000 USDT.

The majority of tournaments are in No-Limit Hold’em, but there is also an adequate offer for fans of Pot-Limit Omaha. However, 5-Card Omaha tournaments are rare, usually occurring as special events or within series.

For particularly large or unique tournaments on CoinPoker, there is a separate tab labeled “Events.”

Cosmic Spins

CoinPoker offers 3-max jackpot tournaments with buy-ins ranging from 0.25 USDT to 100 USDT and maximum jackpots ranging from 250 USDT to 100,000 USDT.

These tournaments cannot be observed as they are assembled randomly and are only visible to players who have been seated in them.

For all Cosmic Spins, daily leaderboards are in place with a combined guarantee of 500 USDT in tournament tickets valued at 3 and 10 USDT.

Deposit and cashout on CoinPoker

You can deposit and withdraw assets in the room using 6 cryptocurrencies:

  • USDT and CHP — via Ethereum and Polygon blockchains;
  • ETH — via the Ethereum blockchain;
  • BTC — via the Bitcoin blockchain;
  • MATIC — via the Polygon blockchain;
  • BNB — via the Binance Network.

Upon deposit, they are converted into USDT and CHP, which are the primary cryptocurrencies of the room. The room’s cashier includes a cryptocurrency converter — exchanging USDT and CHP with a 5% fee.

You can replenish your balance via the “Deposit” tab using a cryptocurrency wallet, but never use cryptocurrency exchanges for this purpose, as the payment may not go through.

You can deposit from a cryptocurrency exchange via a separate tab labeled “Deposit from exchange”, but only through the partner exchange NACE.

Additionally, P2P transfers (sending funds to another CoinPoker user) are available in the room, with a weekly limit of 1 million CHP (~$1.5K).

Withdrawals are available in the “Withdraw” tab and are subject to a 10 USDT fee.

CoinPoker Software

The room’s design is minimalist, yet the settings offer a fairly extensive list of parameters — not only for table and deck design but also for seating arrangements and game rules.

A notable feature of CoinPoker is its blockchain-based RNG, which is fully decentralized. Through the exchange of encryption keys among participants and a special method of applying this system for card shuffling, nobody can not only track but also see players’ cards.

The room has a mobile application — it’s optimized for use on iOS and Android, and can be downloaded from the official website under the “Mobile” section.

CoinPoker History

CoinPoker, a cryptocurrency poker room, began with an ICO — an investment method where participants buy currency that will be used in the project in the future. In CoinPoker, players received CHP for their investments – a cryptocurrency built on the Ethereum blockchain. A total of 500,000,000 CHP was introduced, with 75% of them distributed among the initial participants in three ICO stages. The user’s share of CHP eventually amounted to 375,000,000 CHP.

Project development timeline:

  • October 16, 2017 — CoinPoker testing with play money
  • November 16, 2017 — CoinPoker Pre-ICO
  • January/February 2018 — CoinPoker ICO launch
  • February 2018 — Listing CHP on exchanges
  • February 2018 — CHP launch on CoinPoker
  • February/March 2018 — Launch of opening tournament series on CoinPoker
  • April 2, 2018 — CoinPoker available on Android and iOS devices
  • May 10, 2018 — Solution to the decentralization problem in creating RNG
  • July 2018 — CoinPoker referral program and partnership program
  • October 2018 — Implementation of updated security service
  • 2020 — full launch of the room.

CoinPoker Team

The project relies heavily on the support of poker celebrities and experts in the cryptocurrency field. Here are the individuals collaborating with CoinPoker:

  1. René Boutestijn — Head of Development Department
  2. Justas Kregždė — CTO & Smart Contract Developer
  3. Michael Josem — Head of Security Service
  4. Isabele Mercier — Community Manager
  5. Paulius Mikaliūnas — Product Manager
  6. Alex Mishiev — Expert in online business strategies and digital marketing
  7. Antanas Guoga — Tony G (needs no introduction)
  8. Teresa Nousiainen — Community Engagement Advisor
  9. Warren Anthony Lush — PR and Marketing Expert
  10. Brian Thomas Hall — Legal Consultant
  11. Eugene Dubossarsky — Data Researcher

The text is up to date as of April 4th, 2024.