Cryptocurrency betting app CoinPoker recently scrapped all withdrawal fees on its platform, aligning with industry trends seen at online gambling sites like Rollbit.
This strategic move is expected to strengthen CoinPoker’s competitiveness and potentially attract more users over time. Especially since it offers similar features to Rollbit and introduces unique offers such as poker games against human opponents.
With the recent success of gambling coins like Rollbit, the removal of withdrawal fees could bring positive momentum to CoinPoker’s native CHP token.
The platform’s official announcement highlighted that only blockchain network fees apply for withdrawals, emphasizing its user-centric approach aimed at fostering growth and stability.
Previously, CoinPoker charged a nominal withdrawal fee to support site security and stability. However, as security measures evolve, platforms can now waive these fees without compromising user experience or safety.
Currently ranked 90th globally in the SimilarWeb poker category, CoinPoker has seen steady growth, rising 14 places between February and March. With a strong user experience and unique services, CoinPoker is poised to move up the industry ranks.
The platform’s Crypto Series of Poker tournaments, which feature a guaranteed prize pool of $1 million, have garnered significant attention, attracting high-profile players such as Tony G., who recently won more than $300,000.
As CoinPoker solidifies its position as the leading destination for cryptocurrency-friendly poker, it stands to gain market share from competitors such as Rollbit. This potential growth trajectory could also strengthen the value of CoinPoker’s CHP token.
Despite the recent downturn, CHP has shown resilience, sparking investor interest following the announcement of withdrawal fees. Consistent platform expansion will allow CHP to mirror the success of Rollbit’s RLB token, which has surged 670% over the past year.
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