Blockchain-first gambling operator Coingaming Group has partnered with innovative TRON Foundation to bring the fast, efficient and fee-free virtual coin TRX to their casino and sports betting platform.
Bitcasino.io, the world’s first licenced casino to offer Bitcoin as a deposit and withdrawal method, is further cementing its position as a premium cryptocurrency casino by offering the popular TRX coin as well.
✓What This Means For You
The Coingaming Group, the parent company behind Bitcasino and its sports betting sibling, brokered a deal with the TRON Foundation to bring TRX to their gambling portals earlier this month.
Tim Heath, CEO of Coingaming Group, had the following to say of the partnership:
“We always work hard to put our customers at the centre of the universe, and by adding TRX gaming we are once again at the cutting edge of what is possible in this space. We are particularly excited to offer a low minimum deposit threshold and zero transaction fees, ensuring Bitcasino and Sportsbet gaming can be enjoyed by even more players for the first time.”
Where most fiat currency casinos have minimum deposits that range from €10-€20 and have variable fees applied by the processing platform or bank TRX has none of these liabilities. Bitcasino players will be able to deposit and play with as little as 100 TRX which will only €1.80 at current prices.
In addition to the low-cost TRX offers near-instant processing of both deposits and withdrawals while charging zero processing fees!
Justin Sun, founder of TRON said:
“One of the Tron Foundation’s core missions is to support growth by providing engaging, real-world use cases for TRX. It is genuinely thrilling to see another world-class brand open its doors to the TRX community.”
In addition to offering low cost, instant and fee-free access quality online casino entertainment it also become a fantastic vehicle by which people who are interested in dipping their toe into the Blockchain and cryptocurrency waters can do so safely and cheaply.
✓What Is The TRON Foundation?
The TRON Foundation is the brainchild of controversial figure Justin Sun. It was launched in 2014 with an eye on creating a decentralised entertainment eco-system. The TRON main net was launched in 2018 and grew into a blockchain-based operating system which supports a far wider development portfolio than originally envisioned.
TRX is the crypto coin that lives on the TRON Foundation network and has become a fan favourite in many sectors thanks it’s low access limits, free processing and near-instantaneous processing.
It is estimated that more than $100 million worth of TRX is traded between users of various apps, exchanges and dApps daily.
Earlier this month it was reported that TRON outperformed Bitcoin by leaps and bounds on the Blockchain Activity Matrix. With TRON averaging 1.3764 million transactions over a 7-day period where Bitcoin only managed an average of 754,087 transactions over the same period.
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