Cryptocurrency is generally developed and used to function in all the same ways as traditional currency, but the CasinoCoin cryptocurrency is focused completely on revolutionizing the gaming industry. Launched as a Litecoin fork, CasinoCoin is a digital currency that strives to regulate the gambling industry. Designed to work exclusively for online gambling, this cryptocurrency seeks to regulate the gaming industry through blockchain technology and also hopes to educate the existing industry on the uses of blockchain for gambling.
The CasinoCoin cryptocurrency is being touted as the perfect currency for online gambling, as it features unprecedented speed, security and control over online winnings. This method of receiving winnings also allows for a more secure space, as it functions off blockchain. The CasinoCoin cryptocurrency also offers a lower barrier of entry for gamblers, as it currently trades at $0.000834 and is incredibly affordable for gambling purposes.