The online gambling industry is developing at a rapid pace. However, the authorities of different countries are actively fighting against virtual casinos. Unfortunately, in this industry, fraud thrives, which creates a negative reputation for gambling. Often, players are faced with problems such as non-payment of the required winnings.
Cryptocurrencies can be of great help in the fight against fraud. In particular, we are talking about a project called Edgeless. This is a cryptocurrency of the same name virtual casino. Its main feature is the use of the Ethereum blockchain, and accordingly, the technology of smart contracts. Thus, if a player makes a bet with an Edgeless casino coin, a smart contract for a certain outcome is concluded. It prescribes the details of the bet and the amount of winnings. If the player wins, the winnings will be calculated automatically.
The Edgeless coin mining is impossible. It was issued only by the project team during the Edgeless ICO, and the decision on the subsequent issue can also be made exclusively by the administration of the virtual casino.
Fraud protection. If a player makes a bet using Edgeless, a smart contract is concluded, which cannot be changed or blocked. This can not be done even by the administration of the project, not to mention third parties. If the bet wins, the player is guaranteed to win.
The possibility of legalizing online casinos with Edgeless. The threat of fraud is the main reason for banning gambling sites in different countries. If they exclude the technical possibility of non-payment of winnings, the authorities may consider the possibility of legalization of such a service - and so the Edgeless coin prediction may be quite positive.
Convenience. Edgeless, like any other cryptocurrency on the Ethereum blockchain, can be stored in many wallets, it is traded on several exchanges, so it can be easily exchanged. Transactions on the Ethereum network are secure, confidential and fast. Therefore, it is very easy and convenient to work with Edgeless. Also, any user can refer to Edgeless coin Bitcointalk if he has any troubles with the cryptocurrency or the platform.
Edgeless is implemented on the Ethereum blockchain, so it can be stored on various wallets. First of all, you can accumulate coins on your gaming account in a virtual casino. Third-party wallets are used to deposit and withdraw digital currency, according to the recent Edgeless coin news.
The main option for storing Edgeless is the official Ethereum wallet. It is easy to register the MyEtherWallet, you can store there a lot of kinds of cryptocurrencies, and the transactions are carried out in a couple of clicks.
In addition, you can use other multi-currency wallets that work with coins on the Ethereum blockchain. For example, we are talking about Jaxx, Atomic, Exodus. Also Edgeless supports Guarda. In addition, it is possible to store the cryptocurrency in the hardware wallet Ledger Nano 5.
The main crypto-exchange on which Edgeless is traded is HitBTC. Every day, there are transactions in the amount of about $ 57 000. This is 70% of the total trading amount for this cryptocurrency. In second place, there is the Bittrex crypto exchange, which carries out transactions in the amount of $11 700, which is 15% of the total amount. The UpBit exchange has a slightly smaller proportion there are Edgeless trades in the amount of $10 400, equivalent to 13%.
You can also purchase Edgeless on ChangeNOW at the best coin price. This is a new generation exchanger that offers the best conditions. On our website, you can exchange Edgeless for any of 150 cryptocurrencies. The exchange is carried out directly, without double conversion, so you do not have to exchange cryptocurrency for Bitcoin or Ethereum and pay extra on commissions. The transactions are carried out in just a few seconds.