Best Binance Coin Poker Sites

Why Should I Make the Switch to Binance Coin on Poker Sites?

If you’re reading this, you’re probably interested in using Binance Coin poker sites but still want a few questions answered.

Even though crypto has made it to the mainstream, many people still don’t know much about it.

We’re here to tell you that once you use Binance Coin on poker websites, you’re unlikely to want to return to traditional sites.

Below, we outline a multitude of reasons why this is the case.

Fiat’s value continues to decline annually

Fiat money is legal tender backed by the government that issues it.

It has no intrinsic value, and its worth is determined by economic supply and demand and interest rates, among other things.

Apart from the American Dollar, the Yen, Euro, and Swiss franc are internationally recognized fiat currencies.

Fiat money is always at risk of hyperinflation, a scenario where an economy suffers huge price increases in a short period.

When the Federal Bank of St. Louis took a close look at inflation recently, it discovered something concerning.

The financial institution set the dollar’s value at 100 in 1983, and found that in 2021, this figure had fallen to 37.

In layman’s terms, the dollar’s purchasing power is just 37% of what it was in 1983

If that isn’t grim enough news, the rise in earnings is far below the level of inflation during this timeframe.

In fact, since the end of the 1970s, wages have increased by under 1% annually, a percentage that’s significantly below inflation.

As a consequence, persisting with fiat currency makes you poorer.

If fiat is so bad, why does it exist?

Fiat currencies ensure governments retain control of their respective economies.

Financial institutions ultimately have the final say regarding who uses fiat currency and why.

Since fiat does little for anyone outside a small financial bubble, it’s about time we cast it aside and recognize that Binance Coin is where money is heading.

Proponents of crypto point out that it can act as a hedge against inflation, ensuring you retain a reasonable degree of purchasing power.

Privacy

Poker sites regularly make the process of depositing cash a real hassle.

For one thing, depositing via bank transfer or debit/credit card is usually a no-no.

Why? Because banks don’t like ‘gamblers’ and make life extremely hard for anyone who uses a poker company.

Suppose a poker site deposit appears on your bank statement; you’ve all but guaranteed you’ll never receive approval for a loan.

We know of many punters who were refused a mortgage simply for using such sites.

Even if you’re only a casual user, this is likely the case.

Binance Coin changes the game because it keeps banks in the dark.

Crypto is decentralized, meaning you can use it to make transactions without requiring an intermediary.

In other words, when you deposit Binance Coin on poker sites, your bank will never know.

This process gives you control of your money with no evidence of what you use it for, which is one of the main reasons why crypto exists.

Crypto could continue to rise in value

There’s no question that BNB is volatile with rapid rises and falls a regular occurrence.

However, it seems apparent that crypto has immense growth potential in the long term.

Even though the market cap of all cryptocurrencies has burst through the $1 trillion mark, this figure represents only a tiny fraction of what it could achieve.

According to Forbes, the world’s combined wealth is well above $400 trillion, meaning Binance Coin’s value has probably only started to swell.

In comparison, fiat’s worth and usefulness continue to recede at an alarming rate.

By using BNB on poker platforms, you could see an increase in the value of your account, regardless of how often you use it.

Full control over your money

Binance Coin doesn’t just offer better growth potential than fiat; it also enables you to take control of your money.

With no bank interference, things suddenly get a whole lot easier.

Crypto is no longer an outsider

In the early years of cryptocurrency, Bitcoin generated the lion’s share of attention.

These days, there are thousands of digital assets, many of them becoming relatively well-known to the general public.

Now that crypto is firmly in the mainstream, people realize its versatility and know it has many uses outside of online playing.

Digital assets are welcome in many nations, despite not being legal tender.

However, in September 2021, El Salvador broke the mold by officially declaring Bitcoin as legal tender.

Realistically, other nations will follow, with Paraguay and Panama likely candidates.

Crypto offers protection

Once you purchase Binance Coin, it is easy to register with poker sites, where you can deposit and withdraw with few difficulties.

Unfortunately, it is a very different situation when you try using fiat on poker sites.

For instance, in Britain, a regulation introduced in April 2020 caused chaos because few people knew about it.

When people completed their first deposits on poker sites, they didn’t realize that the bank would prevent them from accessing their accounts.

To make matters worse, financial institutions took a long time to unfreeze certain customer accounts.

In the end, customers were told that there would be consequences if they looked to make additional deposits.

As long as you use a trustworthy poker site accepting BNB, the above problem won’t happen when you use Binance Coin.

Get past geographical restrictions

There are a few countries that prohibit any form of gambling.

If you happen to live in such a location, you can forget about playing on a regular poker website.

This is because your use of fiat currency is easy to detect.

In contrast, it is possible to avoid scrutiny by registering on BNB poker sites once you invest in a high-quality VPN (Virtual Private Network).

VPNs create a private network connection, ensuring users can browse online privately.

Using Binance Coin on poker sites adds another layer of protection due to the anonymous nature of digital currency.

This is a combination that enables you to play regardless of your country’s laws.

In some cases, end-to-end BNB poker sites even accept users from nations where playing with fiat or digital currency is prohibited.

Disclaimer

Please note that the information provided above is designed solely to outline a flaw in the system already known to many people.

At CryptoManiaks, we have not, and never will, condone activity that is against the law.

Those who get caught will likely face serious punishments.

In the UAE, for example, gamblers can be jailed for up to two years!

Also, let’s face it, any Binance Coin poker site that encourages illegal playing is probably not the most trustworthy!

If they find out where you live, take your funds and close your account, you’ll have to accept it.

Ultimately, if you attempt to bypass gambling restrictions, you do so at your own risk, and we accept NO liability.

Consider this your only warning!

Modernity

Some fiat-accepting sites also allow you to use Binance Coin.

Unfortunately, this does nothing to improve the general transaction speed, nor does it impact deposit/withdrawal limits that much.

Once you factor in the poor design and low-quality customer support, it becomes clear that you can usually do better.

If you’re looking for a modern-day experience, Binance Coin poker sites are a long way clear of their conventional counterparts.

These sites tick all the boxes with bonuses worth your while, a customer support team that cares, and an aesthetically pleasing design.

Faster Payouts

With conventional poker websites, payout speeds remain incredibly slow.

The above is due to sites linking with the banking system and the accompanying red tape.

A relative absence of regulation with BNB poker sites means they have a major advantage.

There is regulation with the Curaçao Gaming Authority among the most reputable entities.

Nonetheless, red tape is kept to a minimum, meaning lightning-quick transactions.

Binance Coin itself also allows for quick-fire payouts.

Superior limits on deposits and withdrawals

The transaction limits imposed by traditional poker sites are an issue if you’re a high roller.

You might find that it’s possible to deposit a lot of money but discover that taking out similar sums is impossible.

This is because plenty of poker sites implement strict limits on the amount you can withdraw.

You’ll likely have to give even more personal information to get what’s rightfully yours.

Another standard poker site trick is to close winning players’ accounts or implement restrictions on the amount they can play.

In most cases, you can’t make a play worth more than a few dollars at this point.

With less red tape, poker sites that accept Binance Coin are free to permit substantial withdrawal sums and quite often do.

Remarkably, some sites don’t bother imposing withdrawal limits.

Due in part to greater competition, such sites are also less strict regarding restrictions and bans for being successful at wagering.

Selecting the Right Binance Coin Poker Site For Your Needs

Your criteria for picking the best Binance Coin poker site may not be the same as the next person’s.

We understand that every reader has a different opinion on what matters, so our team investigates various features of the Binance Coin poker sites that we review.

Here are some of the most pertinent.

Casino games

Once your search for the best Binance Coin poker site begins, it pays to take an in-depth look at the available games.

Many sites have thousands of games, but sheer volume shouldn’t be your only consideration.

After all, if most of what’s available is old-fashioned or dull, you’ll quickly get bored.

You should look for online poker sites that frequently update their catalog with stimulating games.

Of course, you shouldn’t ignore all-time great games such as video poker and roulette.

Assuming you want to win money more often, we suggest finding out the return-to-player (RTP) percentage of each game you play.

A game’s RTP signifies its payout and is an indicator of the house edge.

Does the Poker Platform have end-to-end crypto capabilities?

The difference between poker sites that accept BNB and specifically end-to-end crypto sites is massive.

If you mistakenly choose the wrong site, it could cost you a reasonable sum of money, as you’re about to find out.

Conventional Poker Sites

Don’t be misled into thinking a conventional poker site that allows BNB use is good.

Once you put BNB into your account, it’s the last time you’ll see it for a while.

As soon as the crypto goes into the site, it becomes fiat and only reverts to its digital form upon withdrawal.

In other words, your account never actually contains BNB.

If that isn’t enough to put you off the process, you also pay deposit and withdrawal fees.

Consequently, end-to-end Binance Coin poker sites are your only option if you’re convinced that the price of BNB will increase.

The benefits of end-to-end Poker Sites That Accept BNB

When you use end-to-end poker sites with BNB, you conduct every type of transaction exclusively in digital currency.

Your account always has a crypto balance, so you benefit if the price rises and lose out if it falls!

In addition, the top-rated poker sites with BNB tend to allow the use of several digital assets.

If you’re considering an end-to-end crypto site, here are a few things you should look for:

• Anonymous play

• Quick deposits and withdrawals

• A relative absence of transaction limits

• Unfortunately, some Binance Coin poker sites fail to provide the above, so we invite you to go through our reviews to find the ones that do.

What kind of bonuses are on offer?

For many poker website users, a site’s bonus offering is a crucial consideration.

To properly analyze bonuses, we have created three separate subsections.

Welcome bonus

A significant proportion of Binance Coin poker sites offer bonuses when you sign up.

Such sites work hard to convince you that they’re doing you a favor.

The 100% bonus, where the site matches your first deposit, is a prime example.

Let’s say your first deposit is $200; the Binance Coin poker website’s bonus of $200 seems very generous at first glance.

Alas, it is too good to be true because of the major restrictions included.

Namely, the fact that you can’t withdraw a cent from the poker site with BNB until you play with a minimum of 30 times your deposit.

So, if you deposit $200, your money is trapped in the account until you play with the equivalent of $6,000.

Therefore, barring a lucky win, it is virtually certain that you’re waving goodbye to that money.

This is why it makes sense to focus on a site’s VIP package or the quality of its promotions.

VIP package

Famously, land-based casinos offer high-rollers perks such as free accommodation, dinners, and seats at big sports games.

While poker sites with Binance Coin can’t replicate the above, they can implement VIP programs to ensure players return for more.

The standard of these rewards programs helps to separate the best sites from the rest.

Many sites use points reward systems where players earn a point for every dollar they spend on a site.

Once you reach 1,000 points, you receive $10 cash back with no other strings attached.

These programs are often an effective means of keeping high rollers loyal to a specific poker site.

Other examples of VIP programs include giving players a special customer service agent and bonuses on special occasions such as birthdays.

Unfortunately, certain BNB poker sites fail to offer the value provided by a high-quality VIP program.

Ultimately, if VIP rewards are important to you, it is best to check out our Binance Coin poker site reviews to discover the top-ranked sites in this regard.

Are the promotions worth your time?

The frequency of promotions is less important than their standard.

Daily promotions can seem like a good thing, but you’ll often find that they carry a ton of stipulations.

In fact, conventional poker websites usually have little interest in spending time and effort on worthwhile promotions.

Such sites are more concerned with providing bonuses that are effectively useless to the player.

These days, BNB poker sites blow their old-fashioned counterparts out of the water when it comes to promotions.

Once they receive rewards worth mentioning, players have a much better time on the site.

Payments

Binance Coin poker sites unable to provide flexibility regarding payment methods will cause frustration, irrespective of its features.

Our reviewers investigate the number of digital coins you can use, along with information on withdrawal limits, not to mention how quickly you’ll get your money.

Crypto options

The number of digital coins available is in the thousands and growing rapidly.

However, only a handful are worth consideration at present.

This is why few BNB poker sites let you use any coin lacking a decent market cap.

Nonetheless, it should support Bitcoin and Ethereum at the very least, along with a few others that have serious potential.

Withdrawal speed

One of BNB ‘s main benefits is its lightning-fast transaction speed.

While some digital currencies can process a few transactions per second, others can perform tens of thousands.

Users of Binance Coin poker sites expect fast access to their money, and the best sites comply with virtually immediate withdrawals.

You can rely on us to inform you of the sites with the best withdrawal times, as well as warning you of slow-acting sites.

What are the withdrawal limits?

If you’ve used a fiat-accepting poker site, the minuscule withdrawal limits have likely proven a source of frustration.

It is standard for such sites to keep withdrawal maximums to $10,000 per week, and this is the best-case scenario!

Imagine winning $100,000 in this scenario; it would take almost two and a half months to withdraw it!

Luckily, most reputable poker websites with BNB have no issue allowing you to take out potentially huge sums.

There are plenty of sites that offer limitless withdrawals.

Now, it is possible to transfer a massive win in seconds; the hard part is winning the money!

Can you Play in your country?

There are plenty of countries worldwide that prohibit gambling.

Yet, individuals living in one of these locations register with Binance Coin poker websites and play despite the ban.

Worthwhile poker sites that accept BNB do their best to accommodate those who play in places where it’s legal to do so.

Those who look to create an account from an illegal country cannot do so.

Sadly, shady Binance Coin poker sites don’t do you this courtesy and are happy to take money from anyone.

It is an easy way for them to make money since they can place the blame solely on the user.

Upon your initial deposit, such companies seek account verification and keep your cash after shutting your account down.

You can try to use a VPN to conceal your location if you’re desperate to play.

Legit poker websites with Binance Coin will ban you if they find out, but at least you’ll get your money back.

Your biggest concern is ensuring that the authorities don’t know about your illegal actions!

Binance Coin Poker Site Reputation

Once you make Binance Coin transactions, there is no way to reverse them, a fact that’s a blessing and occasionally a curse.

If you make any mistake when transferring money, you can probably say goodbye to it!

Register with a shady Binance Coin poker site, and you can similarly wave ‘adios’ to your digital coins.

Binance Coin is decentralized, meaning there is no banking entity to listen to your complaints and act upon them.

With this in mind, discovering everything you can about the reputation of Binance Coin poker sites is crucial.

Apart from doing your own research, read our reviews to see if you can trust the sites you’re interested in using.

We don’t just play on poker sites accepting Binance Coin to give you our first-hand experience, we also ask real users for their opinion.

The result is a review that highlights a site’s trustworthiness and any red flags.

Customer support

Never underestimate the importance of a high-quality customer support team.

BNB poker sites with poor or non-existent support hang players out to dry if there’s a problem.

No matter the issue, if there’s an experienced and helpful agent around, you’ll feel less frustrated.

Our team investigates the general standard of customer service on every site we review.

This includes details of our interactions with several agents, emphasizing speed and helpfulness.

Your Guide to Poker

The term ‘poker’ describes a group of card games where players make plays regarding which hand is the best.

A 52-card deck is used in most poker games, and you have the chance to engage in a minimum of one betting round.

Historians don’t agree on the origins of poker, although it seems possible that it derives from As-Nas, a card game dating to the 17th century.

Once the game arrived in the United States, it quickly spread through the south during the 1800s, thanks to the gambling riverboats on the Mississippi River.

Although there are many variations, Texas Hold’em and five-card draw are undoubtedly the two best-known.

Once you use Binance Coin poker websites to play from the comfort of your home, you can find out how good you are by competing against real opponents from all over the world.

Regardless of your favored poker version, you must know which hands are the strongest.

Ranking poker hands

• There are only ten relevant hands in most variations that we will analyze below.

• High Card: The value of your hand is decided by the highest card you hold; this only happens if you don’t have at least a pair

• One Pair: Two cards of the same rank (such as a pair of sevens) and three cards of other ranks

• Two Pairs: Two sets of two cards of the same rank (such as a pair of sevens and a pair of nines)

• Three of a Kind: With three cards of the same rank and two kickers, a ‘trip’ is often enough to win a five-card draw hand

• Straight: Five unsuited cards of sequential rank, such as 8, 9, 10, J, Q

• Flush: Five cards with the same suit; there are four suits in poker (clubs, spades, diamonds, and hearts)

• Full House: Sometimes called a ‘full boat,’ this hand contains a pair of the same rank along with three-of-a-kind, such as 9, 9, 9, A, A

• Four of a Kind: The third strongest hand in most poker games, this hand includes four cards of the same rank

• Straight Flush: The second-best hand in poker; it contains five cards of sequential rank with the same suit

• Royal Flush: An Ace high straight flush

While you might find poker sites with BNB offering games such as five card stud, they focus on five-card draw and Texas Hold’em.

Five-card draw

Five-card draw is part of the draw poker family of games.

While Texas Hold’em is now the mainstream favorite poker game, five-card draw still attracts many gamblers.

By registering with a great poker site accepting Binance Coin, you have the opportunity to compete against humans rather than a random number generator (RNG).

Below, we discuss the rules of five-card draw and outline strategies to help you win.

How to play five-card draw

If you’re seeking a challenge, BNB poker sites can help you as they let you sit at a virtual table with other players.

After depositing Binance Coin, you can take your virtual seat and try to win money from other users.

A designated dealer, denoted by a special icon, begins the hand by dealing the cards to the rest of the table.

The person sitting to the dealer’s left must pay a small blind, while the individual to the left of the small blind must pay the big blind.

The dealer button and both blinds move left after each hand is finished.

After you get your five cards, you can do one of the following:

• Fold: Stop playing and sit the rest of the hand out

• Call: Pay the big blind to continue

• Check: The person who has paid the big blind can check, meaning they stay in the hand without further payment unless someone raises

• Raise: Put Binance Coin worth more than the big blind into the pot

The player sitting to the big blind’s left plays first.

The draw and further betting

Once you receive your opening hand, you can discard as many cards as you like and wait for new ones.

This is the ‘draw’ round and represents your final opportunity to improve your hand.

Once the replacement cards are dealt, players engage in the final round of playing.

The player to the dealer’s left makes the first play.

You can either stay in the hand with no bet (check), match whatever bets are made, or raise.

You have to fold if you’re asked to add Binance Coin to the pot and don’t want to.

If at least two players are left after the last betting round concludes, it’s time for a showdown.

In this case, the winner is the individual with the best hand.

Before beginning, check the BNB poker site’s table limits to understand the betting minimums and maximums.

How to win in five-card draw

As there are no community cards, it is fair to say that this game holds fewer surprises than Texas Hold’em.

Even so, you must learn basic strategy to have a chance of winning on Binance Coin poker sites.

How to navigate the draw round

Here are some simple tips for the draw round relating to your initial hand:

• Draw three cards if you have a pair

• Draw two cards if you have three of a kind

• Draw one card if you have four of the five cards required for a straight or a flush

• Hold a face card (J-Q-K-A) if you have nothing else and draw four cards

The above are basic principles, though there are a few other options to consider:

• Don’t hold a ‘kicker’ with a pair, as you reduce your chances of improving the hand

• A rare exception is if you are aiming to force people with stronger pairs to fold because they believe you have three of a kind

• Generally, you should also avoid holding a kicker with a three of a kind

• Although holding a kicker with a three-of-a-kind isn’t usually the best play, it can work if you want to trick your opponent into thinking you have two pairs or a flush/straight draw

• Experienced players sometimes hold all five cards if they have no winning hand to try and bluff opponents; this is risky and can easily backfire

How to read your opponent

If you want to succeed when playing on poker sites with Binance Coin, you must learn to read an opponent’s plans.

The best players use statistics and knowledge of an opponent’s style to decide their next move.

Therefore, here is an overview of what a rival MIGHT have based on the number of cards they draw:

• No Cards: Realistically, they have a straight at the very least, although you might call the bluff of someone who has already exhibited risky behavior

• One Card: A straight/flush draw (rarely better), two pairs, a three of a kind with a kicker, or even four of a kind

• Two Cards: The most likely hand by far is three of a kind; poor players might hold three to a straight or flush, aggressive players might consider holding a pair and a kicker

• Three Cards: One pair; some players might try to bluff a pair

• Four Cards: Typically means holding a card from Jack to Ace; this is a sign of a player in a weak position

• Five Cards: This player needs an entirely new hand and shouldn’t waste money matching the big blind

More five-card draw tips

Please note that the following tips may help improve your chances of winning but don’t guarantee success:

• If you aren’t the big blind, fold unless you have a pair, a flush draw, or an outside straight draw

• If you’re a conservative player, you may also want to fold with a flush or straight draw, as statistically, you won’t hit them often

• In general, it is best to be aggressive and raise when dealt a strong initial hand

• Avoid playing too many hands; you want to create the impression that you only risk BNB from a position of strength, which also gives you bluffing opportunities

• Limping (calling rather than raising) is sometimes worthwhile when you’re trying to trick opponents into adding to the pot

• If you don’t have a strong hand, it is better to fold than call and save your BNB for later

• Study your opponents on poker sites accepting Binance Coin to determine their skill level and whether they are aggressive or passive

• Rely more on the cards you receive on the first hand rather than what you ‘could’ draw

What is Texas Hold’em?

Texas Hold’em is currently the #1 version of poker globally.

Likely developed in Robstown in the early 1900s, the game reached Las Vegas by the 1960s.

It became a popular game in the 1970s, but the Internet era helped quickly spread its popularity worldwide.

These days, tournaments are often televised and attract significant audiences.

If you want to learn more about how to play this game on Binance Coin poker sites, keep reading this guide.

The rules of Texas Hold’em

In Texas Hold’em, each player has the chance to pair their cards with five community cards.

Initially, each participant receives two cards face down; next, they decide how to wager depending on the quality of their hand.

Once players have made their bets, they see three face-down cards (the community cards) on the table.

You use these cards to try and create a winning five-card hand.

A second betting round concludes, and then the dealer adds a fourth community card to the table.

After more betting, the dealer reveals the fifth and final community card.

A showdown occurs if there are two or more players left in the game, with the person holding the strongest overall five-card hand winning.

Yet, if there is a winner before the showdown, they get the money and don’t show their cards.

The Texas Hold’em betting rounds

Texas Hold’em is a more complicated game than Five-Card Draw, with many more betting rounds.

Each hand begins with the player to the dealer’s left initiating the betting with the small blind.

The big blind sits two seats to the left of the dealer.

Here’s an overview of the terminology used for the various Texas Hold’em betting rounds:

• Pre-flop: This is the first round of betting and happens after you get the first two cards

• Flop: Bets made once you see the first three community cards

• Turn: This is the third betting round and occurs once you see the fourth community card

• River: The final round of betting, which takes place after seeing the last community card

You must complete one of the following actions during each betting round:

• Call: Matching the largest bet

• Raise: Making a bigger bet than what’s currently available

• Fold: Dumping your cards

• Check: The process of continuing without raising or calling because your bet is the biggest on the table

Find out whether or not the poker site accepting Binance Coin table of your choice is no-limit or not before joining.

Also, make sure you know how much the small and big blinds are worth.

How to win in Texas Hold’em

In Texas Hold’em, hands are ranked according to standard poker rules, with a royal flush the strongest.

Binance Coin poker sites have so many players that you’re bound to compete against high-quality rivals now and again.

However, the average online Texas Hold’em game has plenty of ‘fish,’ a slang term used to describe bad players.

While these tips may not help you beat professionals, they should ensure you fare well against the fish you come across.

Learn positional play

In Texas Hold’em, ‘on the button’ is the best position as it ensures you’re the last person to play.

This means you have more information and can make a more assured play.

In contrast, the small blind is the worst position because you have to make a decision first.

Be aggressive when necessary

Unlike Five-Card Draw, a strong opening hand isn’t necessarily likely to hold up as the game progresses.

Rookies often believe that winning big involves keeping as many rivals at the table as possible.

Expert players on BNB poker sites realize that it’s better to force as many people to fold as they can.

This strategy reduces the likelihood of a good hand becoming vulnerable to the Turn and River cards.

Experienced players understand that winning small pots consistently is the key to success.

Rely on the power of observation

When you join any Binance Coin poker site table, play tight early on to preserve your chips and watch the habits of others.

After a while, you’ll know enough about the aggressive and conservative players to make educated plays.

Use the information you gather to vary your playing style and get more players to fold.

Know when to hold them

It pays to learn the optimal strategy when you receive your opening hand.

For example, you should raise from any sitting position with a pair of sevens and above.

However, folding with a Jack or Queen with a seven or lower is the right option.

If you’re serious about Texas Hold’em, you’ll spend time studying online tables outlining whether you should hold, fold, or raise.

This practice helps you avoid wasting Binance Coin by playing too many weak hands.

Pick your time to raise

Don’t be afraid to raise heavily if you believe you have the strongest hand.

Remember, the goal is to scare people into folding to narrow the field; a starting pair of Aces don’t hold up that well against a seven-player field!

You should also consider raising when you don’t need additional cards; this is a play that often gets others to fold.

High-level players raise at key points to ascertain the likely strength of an opponent’s hand.

If you feel this guide has given you enough information to complete on Binance Coin poker websites, register today and see how far your skill can take you.

Pluses and Minuses of Using Binance Coin on Poker Sites

Using Binance Coin for playing could be hard to handle, especially for beginners.

Once you are ready to utilize Binance Coin for playing, just take a look at the basic info about the option.

About Binance Coin

Binance Coin (BNB) is a cryptocurrency presented in 2017.

Provided by an eminent Binance exchange, Binance Coin has a BNB trading symbol.

It was originally based on the ETH blockchain but now it works as part of Binance’s chain.

Binance Coin has ERC 20 standard and a max supply of 200 million tokens.

Binance Exchange is among the largest crypto exchanges in the globe, confirming over 1.4 million transactions per second.

BNB is used not only on its native exchange, BNB can be used for investment, payments, trading, and more.

Advantages of using Binance Coin

Be sure to learn more about the benefits of using BNB for wagering.

Binance Coin has a hopeful future

Binance, the company behind Binance Coin, has a hopeful future.

Binance Coin has already received support from exclusive partners, including brands from the video entertainment sector.

Binance transfers are prompt

If you utilize Binance Coin for playing, you can take advantage of quick transfers.

If using Binance Coin playing winnings for trading, you can even win prizes.

BNB fees are low

Binance Coin has the lowest transaction charges if you use it for playing.

The average charge is 0.1% for all traders.

Keep in mind that a busy blockchain can lead to the higher fees.

BNB is scalable

It is possible to enjoy Binance Coin playing and enjoy full scalability.

This is feasible as Binance benefits from a burndown policy, providing a smooth experience on poker websites.

Based on the burndown policy, Binance uses 20% of the earnings to purchase BNB and burn them to lower the entire supply while keeping 50% of the total supply.

The cons of using Binance Coin

Be sure you understand the drawbacks of Binance Coin wagering.

BNB has certain legal issues

If utilizing Binance Coin for playing, keep in mind that regulators could take the system down.

You have probably heard about many filed complaints regarding Binance and its unlicensed operation.

Complaints can easily turn into a ban, which is not positive for wagering.

BNB is highly centralized

Binance Coin may not be an ideal choice for playing because of the high level of centralization.

BNB is centralized through Binance and up to 80% of tokens are held by Binance in multiple wallets.

BNB’s centralization could lead to frauds and double-spends which would affect the playing experience.

Binance Coin is targeted by hackers

Binance and its BNB are at risk for hacker attacks.

This reduces the security level whe utilizing Binance Coin for wagering.

Even though Binance monitors security, hackers could break the system and steal your BNB playing winnings.

Locating Top-Rated Binance Coin Poker Sites: Concluding Thoughts

If you love betting, you should be thrilled that it’s possible to do so using digital currency.

When you use digital coins to play, the bank has no idea what you’re doing.

While plenty of poker sites with BNB are available, the gap between the best and worst is significant.

The industry is relatively new, and with scant regulation, it is rife with imposters.

This is why our team has taken the liberty of conducting detailed investigations of every poker site with Binance Coin we come across.

The resulting reviews discuss games, features, bonuses, payment methods, reputation, and much more.

We believe that crypto isn’t just the future of poker companies; it is the future of finance.

Therefore, we invite you to read our reviews and determine which Binance Coin poker sites meet your criteria.

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