Arsenal secures Blockchain partner CashBet Coin, a gaming cryptocurrency

Casino users can search online and check the Bitcoin Cash casino website for regulatory compliance and where the casino is legal and available. Playing from a prohibited country can result in an account being closed by the casino without notice and even funds withheld. Greentube, the NOVOMATIC Interactive division, has completed the acquisition of the majority of cashbet coin’s CBC cryptocurrency and its underlying blockchain technologies. Cryptocurrencies are based on the blockchain technology and allows for immutable and irreversible transactions. Initial Coin Offerings, a form of crowdfunding has taken the world by storm with at least $4 billion raised in the last one year alone. Under this arrangement, early investors into a blockchain product are given a given a discounted rate.

  1. CashBet said it was delighted to be able to secure a deal with Arsenal as the firm is “actively targeting a global, multibillion-dollar marketplace of i-gaming content providers, operators and players”.
  2. An average 66,000 futures contracts have been exchanged daily this month at the CME Group, marking a new high and an almost 50% rise month-to-month, according to The Financial Times.
  3. The company now has  more than 450 games in its collection with players going up by 770 per cent.

Add to that a Casino and North American Racebook and must-have features like Live Betting and a
mobile friendly platform. We’ve got it all right here at CashBet, and we’re always working to make
the best even better. CFDs and other derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how an investment works and whether you can afford to take the high risk of losing your money. Blockckhain technology also holds a lot of potential to solve cyber security concerns with more and more transactions happening online.

Betpanda accepts Bitcoin Cash, Bitcoin, Ethereum, Litecoin, and other popular cryptos. Players can experience video and live dealer poker, including Stud, Three Card, Hold’em, and Russian Poker.Betpanda has a cashback program and a welcome bonus. There are hundreds of virtual and live games from top software providers, a VIP program with unique competitions, and a prize raffle. Cryptocurrencies can fluctuate widely in prices and are, therefore, not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Any trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions.

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Instead, in the over two weeks of trading, crypto asset manager Grayscale has seen large outflows from its ETF, while bitcoin itself has flailed. The token whipsawed in the weeks since the SEC’s approval, falling below the key $40,000 threshold last week, and is trading basically where at the beginning of this month. Arsenal issued this perfunctory press release about becoming the first Premier League team partner with a cryptocurrency. To start playing with BCH, the cryptocurrency will need to be transferred from the player’s cryptocurrency wallet to the casino. Some BCH-friendly casinos can have over 3000+ slots from some of the top software providers in the industry.

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Statements and financial information on CoinCheckup.com and it’s subsites should not be construed as an endorsement or recommendation to buy, sell or hold. As the exclusive and official cryptocurrency of Arsenal Football Club, CashBet Coin is poised to become the most trusted and well-known token for iGaming, globally. Our vision is to elevate the online gambling experience for players everywhere through improved trust, cost, speed, content and access. The swell of activity has allowed CME to eclipse Binance as the largest bitcoin derivatives trading exchange in the world.

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Arsenal is committed to helping us raise interest in the CashBet Coin token offering through a multi-faceted brand awareness deal. Our partnership includes traditional marketing and advertising exposure through in-stadium LED pitchside ads at Arsenal home games and banner advertisements on Arsenal.com. We also gain access to Arsenal’s massive fan base via custom-tailored content featuring Arsenal players, email marketing promotions, and dedicated posts through Arsenal’s official social media pages.

Other unique elements of our partnership include reserved club and box seats at Emirates Stadium, exclusive hospitality access and IP access to Arsenal brand assets, images and footage. A relatively new crypto casino launched in 2022 that accepts nine different cryptocurrencies, including Bitcoin and Bitcoin cash. This casino has many crypto and Bitcoin live dealer games, including blackjack, roulette, baccarat, and Provably Fair Games. New players can spin a bonus wheel to win extra free spins, additional deposit matching, or other bonuses.

Players first need Bitcoin Cash or the crypto of choice in their cryptocurrency wallet. They’ll then navigate to the “Deposit” option or similar at the Bitcoin Cash casino and follow the instructions provided to transfer the crypto balance they require from the wallet to the casino. As cryptocurrency transactions cannot be reversed, it’s important for players to take care when making transfers.

Genuine player reviews and the presence of Provably Fair Games can demonstrate the quality and credibility of a Bitcoin Cash casino. The best crypto casinos will have excellent 24/7 customer support. Bitcoin Cash (BCH) is widely accepted by crypto casinos alongside other popular coins such as Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). The cryptocurrency can be used to gamble — where legal — on so-called “iGaming” phone apps to play Bingo and slot machine-styled games.

A total of 430 million CBC tokens — starting value at 50 cents — will be issued, but the bad news for U.S. citizens is that they are only purchasable by accredited investors. Purchases of CBC can be made with Bitcoin, Ethereum, and Litecoin. CashBet Coins will initially be priced at 50 cents and are designed to be used on CashBet’s mobile phone gambling apps. The acquisition enables Greentube to enhance the use of cryptocurrency throughout its social gaming portfolio and follows the successful trial integration of CBC with its flagship brand GameTwist last year. The deal, the value of which was undisclosed, is the first time a major global sporting team has officially partnered with a cryptocurrency firm. It comes as an increasing number of regulators and business leaders express concern about the dangers of consumers risking their savings in unregulated virtual currencies.

Visit our Review Methodology page to learn more about how we review each crypto platform. These will change and can be restrictive, even on the top crypto casinos. The public sale will commence on March 20 where investors will be offered a chance to buy the Cashbet coin at $0.45 in the first 24 hours (at a discount of 10%) and for $0.47 for the next 24 hours.

As the contract’s expiration date nears, these prices move closer together, and the trade can generate significant returns with low risk. Since the approval of the ETFs, the trade has garnered more attention as holding shares of the fund can be a cheaper way to hang onto exposure to the token. Axel Weber, the chairman of Swiss bank UBS, said on Tuesday that bitcoin and other cryptocurrencies were speculative, risky and “not an investment we would advise”. Many Bitcoin Cash casinos also offer sportsbooks and sports betting, with some also covering esports betting. It can be hard to know which crypto casinos carry BCH, so researched and curated the best Bitcoin Cash casinos and the features you should know about. The platform which was formed in 2012 has already posted impressive results with a spike in revenue of about 515%.

We take bets on the broadest spectrum of professional and college American sports such as the NFL, College Football, NBA, College Basketball, MLB, NHL,
UFC, Golf,
Tennis and NASCAR. When we say CashBet, we’re not just talking business – we mean business. We are Your Legal Online
Sportsbook, operating https://cryptolisting.org/ 24/7 to give you what no sports book on the elsewhere is willing or able to give
you. The decentralised ledger stored in millions of computers across the world makes falsification of data impossible. The technology affords users more  privacy as transactions can be completely  anonymised.

The presale is still running and users can still buy the Cashbet coin at a 20% discount. Investors can only purchase a minimum of $25,000 worth of Cashbet coins at this stage. The partnership has piqued interest in the crypto world and beyond, with many curious about the nature of our plans with Arsenal. We thought it would be a good time to dive deeper into our partnership and what it means for CashBet Coin and the crypto community.

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