The CasinoCoin Foundation partnered up with SunCash, a tech and banking company that is focused on financial transfers and payments.
CasinoCoin is a digital currency that was created especially for use in the casino business. It simplifies gambling and bets in a safe and reliable manner.
Now, these two companies have come together in the hopes of making their customers’ lives easier and a little bit more fun.
With this move, CasinoCoin gives all its users access to easy cryptocurrency transfers that will enhance their experiences.
SunCash is based in the Bahamas and hopes to become the biggest mobile money enterprise in Latin America and the Caribbean.
There are several services on offer from SunCash, such as a digital wallet with no monthly or hidden fees. This wallet lets people manage their money securely and quickly from their mobile devices or computers.
Users are able to send and spend their money as they wish whenever they wish. Also, if they so choose, users can spend their money at any of the brand new casino locations in their areas.
CasinoCoin is part of SunCash’s plans to make their services even more convenient.
The partnership means that users can purchase multiple cryptocurrencies at an over-the-counter (OTC) Desk.
People can also exchange these cryptocurrencies at the participating SunCash locations. They can use the relevant app or make purchases through kiosks.
As a result of this co-op, 140 000 people can send and receive cryptocurrencies and spend them at casinos.
An ATM network is also being worked on to make things even easier in the future. The CasinoCoin Foundation is facilitating SunCash’s growth by building the central API that is needed for operation.
What is CasinoCoin?
CasinoCoin is a digital currency like many others, but it has a purpose and it was made specifically for a regulated gaming market. Not only is CasinoCoin very useful for casino operators, but it also boasts with being lightning fast. On top of that, it can effortlessly facilitate up to 1,500 peer-to-peer transfers in a second.
As a result, any of the brand new casino patrons who wish to avoid carrying cash can simply use cryptocurrencies for their gambling fun.
While at a casino, it is easy to get a little carried away and lose coins or even cash. Thanks to CasinoCoin and SunCash, that risk can be eliminated.
Many folks have also been robbed of their hard-won money by sneaky opportunists but when casino patrons are using this app, their winnings are much more secure.
The CasinoCoin Foundation’s director, Daniel Keller, is excited about the partnership with SunCash. He stated that they look forward to taking cryptocurrency to the next level in the Bahamas.
There are plans for many features and services in the future. As such, David feels the Bahamas will be able to show the world all the possibilities of CasinoCoin’s technology.
Big Developments For CasinoCoin
At the start of the year, CasinoCoin (CSC) announced an exciting development – they will be using XUMM on their ledger.
This application allows users of CasinoCoin to keep an eye on their accounts and balances. They can also track their transactions with greater ease.
The company’s director of advocacy, John Caldwell, stated that they are always looking for ways to improve their product. This is one of them, and the company is excited about it.
Another development is CasinoCoin’s partnership with TrustTracker. This is a blockchain-aided tool that is made to enhance trust.
It is focused on the casino world and the partnership with CasinoCoin makes sense. TrustTracker wants any of the brand new casino players to feel that they can have fun in a safe and secure environment.
Together, TrustTracker and CasinoCoin designed the TrustTracker Token. It is based on CasinoCoin’s decentralized ledger system and currently, there are about a trillion tokens on a roll in a closed-loop network.
TrustTracker helps to manage spins and bets in real-time for every casino customer. The aim is maximum transparency and trust.
SunCash Also Very Excited
The CEO of SunCash, Desmond Pyfrom, feels that transaction security is very important, especially in today’s world.
They provide their customers with all the tools they need to have secure payments that can take place globally. The risk of fraud is minimized and users have a trustworthy environment in which payments can be made and received.
Desmond will be part of CasinoCoin’s advisory board according to CasinoCoin’s official website. as the two companies work together.
SunCash is Licensed by the Central Bank and Securities Commission of the Bahamas. As such, the company is operating within international regulatory guidelines and trusted by its hundreds of thousands of users.
They have customers in more than 35 locations and operate over 150 kiosks all over the Bahamas. More than 350 businesses accept SunCash payments and this includes casinos.
As a result of CasinoCoin and SunCash working together, visitors and residents of the Bahamas will enjoy safer betting and gambling.
We live in a time when keeping your money safe is harder than ever, so companies that work together to protect their customers are much appreciated.
These two businesses are hoping to pave a foundation of secure gambling and digital payments and it looks like they’ll meet their goals.
Any of the brand new casinos opening their doors in the Bahamas would do themselves a favor if they work with CasinoCoin and SunCash.
Making sure that your patrons feel safe enough to spend as much money as they desire is, after all, very important for casinos.
CasinoCoin is founder under the trade symbol “CSC” on digital asset exchange BiTrue (click here). Currently being traded under the value of 1 cent USD, it’s highly undervalued according to several spectators. One discussion on BuilderSociety.com notes that if the cryptocoin reaches 1-cent in value, those investing today could pull out at that 1-cent marker and get a 5000% return. In layman’s terms, for every $1 invested, $5000+ would be returned.
Casino Coin news has been kept somewhat quiet, similar to XRP before his explosion in 2020. However, it’s had some powerful names in the on-line casino industry tied to it and not promoted news, such as this SunCash deal. This merger has an intrinsic value of Millions of dollars (USD), but not the ‘mammoth’ brand deal CSC is targeting for 2021.
The current value of the CasinoCoin is $0 .000173 according to Coinbase.