Post
Topic
Board Altcoin Discussion
Merits 1 from 1 user
Re: casinocoin
by
blackhat010
on 11/02/2018, 21:05:01 UTC
⭐ Merited by Backtothefuture (1)
This coin looks like it has a lot of potential but quick question. Why would a regular gambler want to use casinocoin if it's paired with btc and the market drops? Is it stable enough for casinos to use due to price fluctuation?

Gamblers first of all have faster transactions and lower fees. Also they have to do KYC only once and be able to play at different operators with a verified account through the bankroll manager wallet.

When it comes to volatility for casino's: like each payment instrument, the player would deposit in CSC and withdraw in CSC - making volatility a non-factor for the casino in the short term, provided the casino maintains a sufficient balance of CSC.

Casinos will have several options to acquire CSC, all of which will take treasury functions into account to mitigate possible volatility to the greatest extent possible. This will be done via traditional processing methods.