CoinPoker is one of the longest-running crypto poker platforms. It isn’t 100% on-chain like some newer dApps, but it’s a crypto-native online poker room that accepts USDT, ETH, BTC, and its own CHP token.
For degens, it feels like a proper poker site — real tables, tournaments, big guarantees — but powered by crypto rails. It’s the most “Web2.5” of the list: centralized in UX, decentralized in payments.
📜 Background & Reputation
- Launched around 2017, making it one of the OG crypto poker brands.
- Uses the CHP (CoinPoker token) for promotions and rakeback.
- Built on blockchain for transparency in shuffling (claims RNG is provably fair).
- Still running today with active tournaments and user base.
- Reputation: mixed. Respected for surviving years in crypto, but some poker purists question liquidity and security vs giants like PokerStars.
🚀 How It Works
- Deposit crypto directly (ETH, BTC, USDT, CHP).
- Play Texas Hold’em, Omaha, and tournaments.
- Withdraw winnings in crypto instantly (no bank delays).
- Token utility: CHP token used for discounts, rakeback, and promos.
- RNG (random shuffle) claimed to be transparent via blockchain seeding.
🛡️ Safety and Risks
- Pros: Crypto in/out is smooth, no need for fiat banks. RNG transparency claims. Longevity (been live for years).
- Cons: Not fully decentralized — servers and management still centralized. Trust is required. CHP token is niche, low liquidity. Regional restrictions may apply.
🎭 What Users Say
Positive
- “Easiest way to play poker with crypto.”
- “Cashouts in USDT are fast, no KYC hassle.”
- “Good tournaments and active community.”
Negative
- “Liquidity smaller than mainstream poker rooms.”
- “Feels centralized despite blockchain branding.”
- “CHP token is meh, not really needed.”
🌍 Who Plays CoinPoker
- Crypto natives who want poker without fiat banking.
- Degens who use USDT/ETH as bankroll.
- Players from regions where fiat poker sites are restricted.
📊 Real Data
- Tournaments with guaranteed prize pools (mid-size compared to PokerStars, but strong for crypto).
- CHP token market cap is small; used mainly for in-ecosystem perks.
- One of the few crypto poker sites still standing after multiple cycles.
🎰 Should a Degen Play It?
If you want a crypto-first poker room that feels close to the Web2 experience, CoinPoker is solid. But if you’re hunting for a truly on-chain degen dApp, this isn’t it — it’s hybrid.
🏁 Final Degen Verdict
CoinPoker is the OG crypto poker platform. Reliable enough, with real tables and payouts, but not truly decentralized. Great for crypto convenience, not for pure Web3 ideals.
WAGMI — but expect Web2.5 vibes, not full degen chaos.
