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CoinPoker, one of the best-known cryptocurrency online poker sites, now offers their native CHP tokens through Uniswap, one of the biggest Ethereum-based decentralized cryptocurrency exchanges. Not only is this in line with CoinPoker’s privacy-centric and decentralization-based policy, security, and all the other perks cryptocurrencies can offer, but Uniswap also brings new liquidity to the tokens so players can rest assured that cashing in their winnings will remain as quick and easy as ever.
The platform has also published an online guide on how to use a Metamask wallet to purchase the tokens on Uniswap. The steps are easy to follow:
- Download the MetaMask extension and add it to your browser.
- Connect the wallet to Uniswap by entering your MetaMask password when prompted.
- Find the CHP token under the “To” tab or copy-paste its token contract address from the poker platform’s website.
- Choose the amount you want to swap and click confirm, keeping in mind that the liquidity provider fee is 0.03% of the transaction total.
- Confirm the gas prices, or input the ones you want to pay.
- Follow the transaction through Etherscan—you will get the link from Uniswap when the transaction is complete.
- Deposit your CHP into your CoinPoker account, taking care that it has been validated beforehand.
While the process is quick and easy to follow, especially if you already know your way around Uniswap, you should always do your due diligence and make sure that the token’s contract address listed on Uniswap matches the one on the CoinPoker website. Uniswap does not charge listing fees, which sometimes allows scammers to pass by unnoticed for short periods of time —unfortunately, this can be enough for some users to fall for it.
On the other hand, decentralized exchanges, or DEXes, such as Uniswap, offer unique levels of security, unparalleled by their centralized counterparts: whereas you have to give up your private keys for a wallet on a centralized exchange — which, as many maximalists will tell you, means your funds are not truly yours as long as they’re there — users maintain control of their funds at all times. In other words, in the event of a hack, users of DEXes are at a vastly lower risk of losing their funds.
What are you waiting for? As of the time of writing, one CHP token would have set you back USD 0.01113 — not a high price for all the fun and competition you can find at the CoinPoker tables. If you’re still not convinced, read on for all the tips on why cryptocurrency poker sites are better than your usual online poker — but hurry, as you don’t want to miss out on the platform’s weekly USDT 3,000+ prize pool!
About CoinPoker: Developed by an ambitious team of poker lovers, CoinPoker is a revolutionary blockchain technology-based platform that uses USDT stablecoin as the main in-game currency and CHP as bonusing fuel, offering all benefits of the crypto world alongside.
Instant and secure transactions using USDT, ETH, BTC, or CHP tokens and no KYC checks – the privileges our players get, together with huge promotions giving away thousands in fiat value each week.
CHP is the currency of the CoinPoker economy. It provides players with exclusive benefits and supports future developments delivered to our community.
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