New Bitcoin Poker Site to Launch

New Bitcoin Poker Site to Launch

Friday, 2 January 2015

A new Bitcoin powered poker site called Bitnplay will open its virtual doors on February 1 and offer some unique options for players.

Although the site will only be offering tournaments for now, the way players make deposits will be different to many other poker sites.

Instead of using traditional funding methods, Bitnplay will take tournament buy-ins directly from a player's Bitcoin wallet. This unique process should eliminate many of the security issues associated with moving funds from someone's bank to their poker account.

On top of this, Bitnplay's model could help it circumnavigate various online gaming laws across the world and allow Bitnplay to gain a foothold in US states that haven't yet regulated online poker.

Aside from giving players a deposit free gaming model, Bitnplay is also giving 200 players the chance to unlock a generous rakeback deal. The offer is available to anyone willing to pay two Bitcoin (approximately $633) for a Bitnplay partner token. Players are permitted to purchase more than one token, but a single token can only be applied to one account.

This means that potential affiliates could scoop up a number of tokens and apply them to their players' accounts and earn 100% rakeback from multiple sources.

Bitcoin poker sites became an emerging force in the industry in 2014 and if Bitnplay can gain some traction with cryptocurrency lovers across the world, then it could inspire more platforms to utilise the virtual currency.

Tags: Bitcoin, Bitnplay