Coinpoker

All our readers know that we are constantly looking for perfect crypto-betting sites. Today, we present you one that is not so new but, again, somehow slipped under the radar and deserves your attention. CoinPoker has rapidly become the go-to platform for poker enthusiasts who prefer cryptocurrencies. Dive into our comprehensive 2024 CoinPoker review, where we break down its standout features, bonuses, and eligibility for EU players.

By the end of this review, you will see what we think about the Coinpoker platform and the advantages and disadvantages of playing on it. What is certain is the fact that Coinpoker is a secure crypto poker site and one of the best blockchain poker sites in Scandinavia.

Coinpoker Overview

This platform was established in 2018 and has emerged as a premier online crypto poker platform, attracting a dedicated player base with features tailored for cryptocurrency enthusiasts. The platform facilitates gameplay using USDT stablecoin and employs its native CHP token for rake and rakeback rewards, enhancing player incentives. Backed by professional poker player Tony G and operated by Precise IG Solutions B.V., CoinPoker holds a Curaçao eGaming license, ensuring a secure and regulated environment. Over the years, CoinPoker has solidified its position as a top choice for crypto poker aficionados, offering robust traffic and exclusive benefits such as a generous 33% rakeback and a 150% welcome bonus up to €2,000:

• 100% Crypto-Powered Platform: CoinPoker supports deposits and withdrawals in BTC, BNB, ETH, and other cryptocurrencies.
• Extensive Game Selection: Enjoy a wide array of games, including PLO, PLO5, action-packed tournaments, Spin & Go, and even casino games.
• Flexible Table Options: Choose your ideal setup with available 7-max, 4-max, and heads-up tables.
• Privacy-First Approach: Designed with privacy-conscious players in mind, CoinPoker offers a streamlined and secure experience.

This review delves into CoinPoker’s features, bonuses, game variety, and overall suitability for online players. We’ll evaluate its crypto-exclusive model, attractive prize structures, and diverse poker offerings, providing a thorough assessment to help you decide if CoinPoker aligns with your online poker preferences.

Coinpoker Rake Structure

CoinPoker uses a transparent and competitive reward system called Community Contribution. The commission is consistently set at 5% for standard ring games, with caps varying depending on the number of players and the stake size. For multi-table tournaments (MTTs), it is slightly higher at 8%, and for Cosmic Spins, it is 5%. This structure ensures that players are charged reasonable fees, improving the gaming experience. So, if you are looking for a prestigious online poker in Greece with rakeback bonuses, Coinpoker is the perfect solution.

Note: Commission caps depend on the number of active players at the table. 

Rakeback 

CoinPoker features a generous rakeback program, returning 33% of the commission paid by players to reward active players and boost retention. To qualify for rakeback, players must hold CHP chips, CoinPoker’s native cryptocurrency, in their accounts. Rakeback is calculated weekly and credited every Monday, offering a consistent incentive to play regularly.

How to Get 33% Rakeback?

To take advantage of CoinPoker’s generous 33% Rakeback, you must have a CHP, CoinPoker’s own ERC-20 token. If you do not have a CHP token, your commissions will be deducted in full in USDT, which means you will not be eligible for the rakeback benefit. 

Here’s how you can start earning rakeback at CoinPoker:

1. Set up your ERC-20 wallet: you will need an ERC-20 compatible wallet to participate in CoinPoker, as both CHP and USDT are ERC-20 tokens. This wallet is essential for transactions on the platform. Our list of top crypto wallets can help you.

2. Exchange cryptocurrencies for CHP: Exchange your BTC, ETH, USDT, or other tokens for CHP. CoinPoker suggests the following exchanges to obtain CHP: QuickSwap, KuCoin, AllCoin, HitBTC, ForkDelta, YoBit.

3. Transfer CHP to your CoinPoker account: Once you have CHP in your wallet, send it to your CoinPoker account. Ensure you have enough CHP to cover your rake and qualify for rakeback.

Joker pro tip: Always transfer USDT, ETH, or CHP to CoinPoker directly from your wallet and not from an exchange. Transfers must come from your verified wallet to ensure accounts are linked correctly, as CoinPoker cannot verify transfers from exchange accounts due to the anonymous nature of cryptocurrencies.

Bonuses and Promotions

CoinPoker offers many bonuses and promotions designed to enhance the playing experience for new and existing players. Like many anonymous crypto poker sites, these incentives boost your bankroll and offer you additional opportunities to increase your winnings. Generally, the best no-KYC poker platforms provide the best deals for new players. Let’s delve into these gifts.

Welcome Bonus

New players at CoinPoker will receive a big welcome bonus. For example, if you deposit €1,000, you will receive an additional €1,500, which means you can play with €2,500 in total. You must generate a commission by participating in cash games or tournaments to unlock this bonus. Once you have met the prize requirements, the bonus is released in 10% increments. This structure ensures active players are rewarded as they become more engaged on the platform.

Leaderboards

CoinPoker has several leaderboards designed to reward active and experienced players:

• Daily Cash Game Leaderboards: In No-Limit Hold’em and Pot-Limit Omaha cash games, you can earn points based on the number of big blinds raised through community contributions. €2,000 is available daily, split evenly between the two ladders. The daily prize pool is shared between the top 10 players in each category, and points are calculated based on stakes and performance.

• Monthly Tournament Rankings. Points are calculated based on deposits, number of entries, and rankings, encouraging consistent tournament play.

• Daily Cosmic Spins Leaderboard: Earn points in Cosmic Spins games and compete for a share of the daily prize pool of €500. The Leaderboard is divided into two categories based on buy-in, ensuring players with all stakes can win. Points are awarded based on buy-in amounts and finishing positions, with additional points awarded for community contributions to the CHP.

Bad Beat Jackpot

CoinPoker’s Bad Beat Jackpot turns unlucky hands into rewarding experiences. The jackpot is triggered when, under certain conditions, a solid hand loses against an even stronger hand:

• Eligibility: There must be at least three players in the game, and both the winning and losing players must use two of their cards.

• Qualifying hands: In No-Limit Hold’em, the losing hand must be at least a full house and aces over kings. In Pot-Limit Omaha, the requirements vary according to the number of hole cards.

When the jackpot is triggered, 50% of the prize is awarded to the losing hand, 20% to the winning hand, and 20% is split between the remaining players. The remaining 10% is allocated to the administration fee.

Referral Programme

CoinPoker offers a lucrative referral program that enables players to earn additional income by inviting friends to join the platform. By sharing your unique referral link, you can receive a 30% revenue share of the commission generated by each referred player. This commission is paid in USDT, providing a stable and reliable revenue stream.

To participate, register as an affiliate on the CoinPoker Affiliates website, access your referral link, and start promoting CoinPoker to your network. This program presents an excellent opportunity to monetize your connections within the poker community while contributing to the growth of the CoinPoker ecosystem.

Games Selection

CoinPoker offers a wide range of poker games, catering to casual players and high-stakes enthusiasts. The platform offers popular variants such as No-Limit Texas Hold’em, Pot-Limit Omaha, and 5-Card Pot-Limit Omaha, providing a complete poker experience. In addition to cash games, CoinPoker hosts various tournaments, including multi-table tournaments (MTTs) and Sit & Go tournaments, which provide players with constant action. Regarding player traffic, CoinPoker maintains a steady user base and attracts many active players during peak periods. Although it does not match the traffic levels of some of the larger platforms, CoinPoker’s community is strong and fosters a dynamic and exciting environment for poker fans.

Poker games

CoinPoker offers a variety of poker variants to suit different player preferences and skill levels:

• No-Limit Texas Hold’em: No-Limit Texas Hold’em, the world’s most popular poker variant, serves as the primary game on CoinPoker. In this classic format, players receive two private cards and aim to form the best five-card hand using five community cards.

• Pot-Limit Omaha (PLO): In Pot-Limit Omaha, each player is dealt four hole cards and must use exactly two of them in combination with three of the five community cards to make the best hand. The pot-limit betting structure adds an extra layer of strategy, as bets are limited to the current pot size.

• Omaha 5-Card Pot-Limit: This version is similar to the standard PLO game but with an extra twist: players receive five private cards instead of four. The requirement to use exactly two of these cards with three community cards remains, but the additional card increases the complexity and possible combinations of hands, offering a new challenge for PLO fans.

• Open-Face Chinese Poker (OFC): Open-Face Chinese Poker is a unique and interesting variant available at CoinPoker. Players are dealt 13 cards and must arrange them into three hands: two five-card hands (middle and back) and one three-card hand (front). The aim is to place the cards in ascending order of strength, with the back card being the strongest and the front card the weakest.

• Short Deck Hold’em (6+ Hold’em): Short Deck Hold’em, also known as 6+ Hold’em, is a variation that uses a 36-card deck, removing all cards of ranks 2-5. This change alters the probability and ranking of hands, resulting in more frequent suited and unsuited hands and adjusting the overall dynamics of the game.

Cosmic Spins

CoinPoker’s Cosmic Spins brings a unique twist to the popular Spin & Go format, featuring fast-paced Sit & Go tournaments with three players and randomly determined prize pools. To join, players simply choose a buy-in amount between €0.25 and €100. Once three players are seated, a random prize multiplier is selected, ranging from 2x to 1,000x the buy-in, which sets the prize pool for that game. With a winner-takes-all structure, each game delivers high excitement and potential rewards.

Additionally, CoinPoker hosts a daily Cosmic Spins Leaderboard, where players can compete for a share of a €500 prize pool based on their Cosmic Spins performance. The leaderboard is split into two categories by buy-in levels, ensuring opportunities for players across all stakes to win.

Tournaments

CoinPoker hosts a variety of tournaments to suit different player preferences:

• Multi-Table Tournaments (MTT): These tournaments feature a wide range of players and offer large prize pools. Regular events include the Sunday Special and various themed tournaments, which offer players numerous opportunities to compete for significant prizes.

• Sit & Go tournaments: These smaller single-table tournaments start as soon as the required number of players have registered. They offer fast and competitive play, ideal for players who want instant action.

• Free Tournaments: CoinPoker offers free-entry tournaments that allow players to win real prizes without any financial commitment. These tournaments are perfect for newcomers looking to increase their stack or for experienced players looking for risk-free competition.

• Satellite tournaments: These events offer players the chance to buy into bigger tournaments for a fraction of the price. By succeeding in a satellite tournament, players can secure seats in high-stakes tournaments, a cost-effective route to large prize pools.

Mobile Apps

CoinPoker offers a dedicated mobile app that allows players to enjoy their favorite games on the go. The app is available for iOS and Android devices and provides a seamless and user-friendly experience on all platforms. Key features of the CoinPoker mobile app include:

• Intuitive interface: The app boasts a clean and intuitive design that makes it easy for new and experienced players alike to navigate.
• Access to all games: Players have access to the full range of games available in the table version, including cash games, tournaments, and Cosmic Spins.
• Secure transactions: The app supports secure cryptocurrency transactions and allows deposits and withdrawals directly from your mobile device.
• Real-time notifications: Stay up-to-date with real-time notifications about ongoing promotions, tournaments, and game updates.

To download the app, visit the official CoinPoker website and follow the instructions available for your device. The mobile app ensures that the CoinPoker experience is accessible and enjoyable no matter where you are.

Design and User Interface

Coinpoker boasts a traditional design that is visually appealing. The combination of colors is such that players will not get tired even after several years of using the site. The color scheme is excellent for us, and we find it very pleasant. As for the navigation itself, it is logical and easy to use. For example, less experienced players will have no problem using it. It’s clear that the designers had gamers in mind when they created this site.

Payment Methods

CoinPoker deals exclusively in cryptocurrencies, providing players with a secure and efficient transaction environment. The platform supports several major cryptocurrencies for deposits and withdrawals:

• USDT (Tether): stablecoin, pegged to the US dollar to ensure value stability.
• ETH (Ethereum): a widely used cryptocurrency known for its smart contract capabilities.
• BTC (Bitcoin): the OG cryptocurrency known for its widespread use.
• CHP (native token of CoinPoker): Used within the platform for various transactions and benefits.

Players can deposit funds directly from their personal crypto wallet or via a cryptocurrency exchange to facilitate transactions. It is important to note that deposits must originate from a personal wallet to ensure proper processing. Deposits made directly from exchanges may not be processed correctly.

Licensing and Regulations – Is Coinpoker a Scam?

As a decentralized online poker platform using cryptocurrencies, CoinPoker operates in a unique space. The platform does not explicitly restrict players from accessing its services. However, it should be noted that it is the player’s responsibility to comply with local legislation. According to our knowledge, Coinpoker is available to players from many countries. When Coinpoker compares to GGPoker, we can say that they are equal in this segment.

Security

CoinPoker provides a secure and transparent gaming environment with a Curaçao e-Gaming license (No. 1668 JAZ) through Precise IG Solutions B.V., a company registered in Curaçao. This license adheres to regulatory standards, making it a reliable choice for EU players. Using blockchain technology, CoinPoker provides a verifiable transaction history, ensuring that games are fair and free from manipulation. The decentralized RNG further strengthens integrity by allowing players to confirm fairness. All transactions are conducted in cryptocurrency (USDT, BTC, ETH, CHP), which enhances privacy and security, making CoinPoker a safe and secure online poker platform.

Customer Support

CoinPoker is committed to providing responsive and efficient customer support. Players can contact:

• Email Support: For general inquiries or assistance, contact the official email at coinpoker.com.
• Help Center: Access the help center, where frequently asked questions and troubleshooting guides are available.
• Community Engagement: Join the CoinPoker community on platforms like Telegram to interact with other players and stay updated on news and promotions.

How to register on CoinPoker?

Getting started at CoinPoker will be quick and easy. So, follow these steps:

1. Visit the website: Go to coinpoker.com
2. Click “Register”: You can find this button in the top right corner of the homepage.
3. Enter your details: Click the button, enter your email address, create a unique nickname, and set a secure password.
4. Referral code: If you have one, enter it here for bonus benefits.
5. Agree to the terms: Review and accept the terms and conditions.
6. Confirm your email address: Check your inbox for a verification email and click the link.
7. Download the app: Download the CoinPoker app for desktop or mobile.
8. Log in and make a deposit: Open the app, log in, and fund your account with supported cryptocurrencies.

Final Verdict

CoinPoker represents an innovative approach to online poker, combining blockchain technology and cryptocurrencies to offer players a unique and secure gaming experience. Naturally, the platform’s commitment to transparency, fairness, and fast transactions sets it apart from the world of online poker. However, potential users, especially those in jurisdictions such as Slovenia, need to take into account local regulations and the legal implications of participating in such platforms. Although CoinPoker offers a number of advantages, it is crucial that players ensure that they are operating within their local laws.

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