What is CasinoCoin (CSC) | What is Casino Coin | What is CSC coin
About CasinoCoin
CasinoCoin (CSC) is a digital currency developed specifically for the regulated gaming industry. CasinoCoin aims to provide users and gaming regulators/operators with improved transaction speeds, security, financial transparency, and traceability. CasinoCoin features built-in KYC and AML capabilities, and is founded on an ethos of compliance and consumer protection.
CasinoCoin aims to give regulated gaming operators access to an untapped source of players who have already been KYC verified, with the goal of having this translate into incremental revenue with improved visibility and security.
The CasinoCoin blockchain offers tokens, which are digital assets built atop of it. Custom tokens allow gaming operators and suppliers the ability to maintain their token economy while enjoying the benefits of CasinoCoin. Token creators can determine the total supply, value, and distribution method.
A fresh start. Swap, Restructure and Rebrand Announcement
March 1st, 2021 – Douglas, Isle of Man
We appreciate it has been some time since the last major communication. But today we are confident that we can bring you important updates. We hope you will be as excited about this as we are.
Back on January 19th 2021 in our last statement, it was made clear that there were a number of issues that were making it difficult for CasinoCoin to continue. Since taking over, there have been a number of – sometimes conflicting – statements by me on how we would progress going forward. Prior to the release, it was rapidly becoming clear that far too many bridges had been burnt over recent years that almost made the situation untenable.
However, since the statement in January, multiple parties have come forward looking to repair relationships and work with the team to take CasinoCoin further. With that, we have been able to reach new agreements, define a new clear strategy for moving forward. We also secured considerable additional investment funding – led by the Knox Group of Companies in the Isle of Man – to ensure that we are able to deliver on this new strategy.
At this point, we are sure the question arises: “So, what is the new strategy?”. We previously made you aware of Eminence Ltd – a new Isle of Man registered business – and that a swap would be initiated from CSC to the ‘Eminence Token’. This will no longer be the case. Under the new strategy, Eminence Ltd will be the parent of CasinoCoin and the name will live on, under a new rebranded identity.
In March, we will be initiating a swap from the CasinoCoin Ledger (CSCL) to the XRP Ledger (XRPL). This swap is going to happen off-exchange only, in conjunction with XRPL Labs. Their flagship product, the XUMM wallet app, will be used by utilizing an embedded migration wizard. It will be an easy flow that allows people to import their existing CSCL accounts and facilitate the swap via the app. This is a change that we are genuinely excited about and we are looking forward to the collaboration with XRPL Labs. This will present a raft of new opportunities in the future.
CasinoCoin on the XRPL is going to focus on being a fast and cheap payment method for regulated industries. From our point of view, the XRPL is still one of the most fitting solutions for this purpose. In recent years community-driven development, decentralization, and the ability to submit amendments accelerated. It will allow the team to focus on the core development, having no longer to worry about maintaining the integrity of the network. Eminence will support the XRPL by running a validator. Being carried by the XRPL will also make it easier when it comes to 3rd party integrations like hardware wallets and exchanges. We are also thrilled about the DEX abilities and opportunities. More detailed instructions on the swap, when and how, will be provided in the following days.
As part of the swap, KYC will be mandatory. The Bankroll Manager (BRM) will be re-released as the new CasinoCoin Wallet once the swap is concluded. Following that, CasinoCoin as a product will be heavily focused on Tier 1 & Tier 2 gambling markets. I know you’ve been told this many times in the past, but talks are now in an advanced stage with one casino and more conversations are actively taking place in the background with additional operators. Under the new structure, we are also hoping to be able to secure substantial revenue streams via affiliate deals.
With the considerable new investment that has been secured, we now have enough capital liquidity within the operational business to target a Top 15 Exchange listing for CSC. Due diligence is currently underway and we aim to be listed on our targeted exchange by June 2021.
With regards to existing projects previously announced, FUD Limited – also based at the Hubb in the Isle of Man – is working on a number of exciting projects. FUD continues to work with SunCash on the development of a new DLT solution and we continue to share knowledge and expertise on both sides.
We know for many of you that this has been a very long and drawn-out journey. CasinoCoin has consumed a large part of our life over recent years and particularly in recent months. We are now certain that CasinoCoin has the best prospects for success than it has ever had.
We want to thank all of you for standing by me since the start of November. Here’s to what will be a very exciting year, quite possibly the most exciting for CasinoCoin yet.
How and Where to Buy CasinoCoin (CSC)?
CSC has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy CSC
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)…
We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.
Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.
Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer, and buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)
Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)
Next step - Transfer your cryptos to an Altcoin Exchange
Since CSC is an altcoin we need to transfer our coins to an exchange that CSC can be traded. Below is a list of exchanges that offers to trade CSC in various market pairs, head to their websites and register for an account.
Once finished you will then need to make a BTC/ETH/USDT deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase CSC from the exchange.
Exchange: Bitrue, Folgory, and STEX
Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once CSC gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!
Top exchanges for token-coin trading. Follow instructions and make unlimited money
☞ Binance ☞ Bittrex ☞ Poloniex ☞ Bitfinex ☞ Huobi ☞ MXC ☞ ProBIT ☞ Gate.io ☞ Coinbase
Find more information CSC
☞ Website ☞ Announcement ☞ Explorer ☞ Explorer 2 ☞ Whitepaper ☞ Source Code ☞ Social Channel ☞ Social Channel 2 ☞ Social Channel 3 ☞ Message Board ☞ Message Board 2 ☞ Coinmarketcap
Would you like to earn CSC right now! ☞ CLICK HERE
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