CoinPoker Withdraw: How to Cash Out Your Profits

All transactions on CoinPoker are conducted using cryptocurrencies, which means traditional cash-out methods are not available. To transfer funds to your card, you need to sell tokens on an exchange or use an intermediary to exchange them. In this article, we'll explain how to choose the right cash-out method and withdraw money from CoinPoker without a commission.

CoinPoker Overview: Playing with Cryptocurrency

CoinPoker is a major cryptocurrency-based poker room launched in 2017 with the backing of a well-known figure in the poker industry. It operates under a license from Curacao and is managed by a professional gaming solutions company. Players can access the platform from all popular devices, including a client for Windows and macOS, as well as a mobile app for Android.

CoinPoker stands out from other poker rooms in several key ways:

• The gaming platform, including its random number generator (RNG), is based on blockchain technology.
• Players use Tether (USDT) cryptocurrency for gameplay, represented by the symbol ₮.
• CoinPoker also has its own coin, CHP, which is used for rake collection and rakeback payouts.
• Players can activate bonuses and withdraw funds without completing full verification, just by confirming their email and phone number upon account creation.

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Founded in 2017, CoinPoker is a cryptocurrency-only online poker room supported in several languages including; English, Spanish, Portuguese, Italian, Russian, Chinese, Japanese, and Vietnamese. While CoinPoker doesn’t prohibit users from any specific country, users are advised to ensure that the country they are residing in allows online gambling.

Overview of CoinPoker Registration

What Games Are Available?

At CoinPoker, players can enjoy three types of poker at cash tables: Texas Hold'em, Classic Omaha, and Five-Card Omaha. There are also heads-up games, as well as tables for 4 and 7 players. The limits range from ₮0.01/₮0.02 up to ₮1,000/₮2,000. High-stakes games are rare, but CoinPoker was the site where the largest pot in online poker history was won.

Cosmic Spins, a type of poker spin, operates under standard rules: three participants, two minutes per blind level, with a prize determined randomly. The game offers eight buy-in options ranging from ₮0.25 to ₮100, with a minimum multiplier of x2 and a maximum of x1,000.

The room hosts hundreds of multi-table tournaments (MTTs) with buy-ins starting at ₮0.10. There are also daily freerolls with cash prizes, including an exclusive freeroll for community members. Players can qualify for major events, such as a top-tier Sunday Main Event with a ₮500 buy-in and a ₮100,000 guarantee, through affordable satellites.

Several times a year, CoinPoker holds its flagship tournament series, CSOP, which features a boosted guarantee and a leaderboard offering additional rewards for the top players.

How to Withdraw Funds to a Card or Crypto Wallet

Withdrawing funds is possible only to crypto wallets. To complete a cash-out, follow these steps:

1. Open the cashier in the client or mobile app.
2. Go to the "Withdraw" section.
3. Choose the account (CHP or USDT) from which you want to withdraw funds.
4. Enter the currency for withdrawal and the address of your personal crypto wallet.
5. Input the amount you wish to withdraw.
6. Click the "Withdraw" button.

Cash-outs on CoinPoker are available without full verification. To access all the features of the room, players only need to confirm their email and phone number when creating an account.

How to Get Real Money from CoinPoker

There are a few methods for converting cryptocurrency to real money. Stablecoins like USDT, ETH, or BTC can be exchanged through a crypto wallet and then transferred to a bank account. CoinPoker recommends using a platform that charges less than 1% commission per transaction.

For withdrawals, the CHP coin can also be used. Here's how to convert CHP into real money:

1. Exchange CHP for ETH, BTC, or USDT on a trusted exchange. According to CoinPoker, the best exchange for selling CHP is any platform that has a large trading volume.
2. Transfer the acquired crypto to your personal wallet. Instructions for transferring funds are available on the exchange’s website or can be requested through customer support.
3. Exchange the cryptocurrency for fiat money. Once the conversion is complete, funds can be transferred to a bank account.

Transaction Limits, Fees, and Conditions

CoinPoker has set a minimum to withdraw funds. The main condition is the completion of bonus wagering for both the first deposit and reload bonuses for subsequent deposits. The security team may block a cash-out if a user violates the terms of service or engages in unethical behavior at the tables (e.g., bumhunting, grimming, etc.).

There are no set limits on the minimum or maximum amount for withdrawals, though the fee depends on the withdrawal method used.

There are small fees when using certain crypto networks

Player Reviews on Withdrawal from CoinPoker

CoinPoker has a good reputation among players, particularly for fast and hassle-free withdrawals, the absence of a minimum deposit requirement, and the soft field.

Meganovo79: "Good poker room. No need for full verification. Very fast cash-outs."

4bet: "I've been playing on CoinPoker since 2018. The software isn't perfect, but the player pool is pleasant. I've deposited once or twice without issues. Cash-outs have always been quick."

You can find detailed deposit and cash-out rules in the poker rooms section of Gipsy Team. This section provides all the necessary information, including:

• Methods for depositing funds.
• Minimum and maximum deposit amounts.
• Rules and withdrawal limits.
• Average withdrawal speed.
• Fees.
• Player reviews.

Reviews also cover other features, such as registration rules, restrictions for players from certain regions, game limits and variations, rake, rakeback, bonus programs, and promotions.

By creating an account through our links, you can receive maximum bonuses on your first deposit, an increased rakeback, and become part of the Free Tournament League, where cash prizes are awarded monthly.

On our website, you'll find many more useful articles about how to improve your poker skills. If you have any questions or comments, don’t hesitate to reach out to us. Our support team is just waiting to answer your questions.