FunFair Applies for Isle of Man Blockchain Licence
August 15, 2019
FunFair Technologies has applied to Isle of Man Gambling Supervision Commission for an inaugural Token Based Software Supplier Licence.
The new wave of online casinos brought along a distinct betting action to the iGaming community. By combining the efficiency of crypto transactions to the fun and gripping betting action of online casinos, crypto betting sites are one of the ideal betting destinations online.
One of the names riding this current is BitcoinPenguin—a crypto-only betting site powered by Softswiss. The betting site does not state any information about its gaming license. However, several credible online casino reviews claim that it runs under the gaming laws of Costa Rica.
Meanwhile, the fast and convenient nature of cryptos reflects on several areas of the betting site. For starters, navigating the site is a breeze, thanks to its simple and organized design. Signing up is just as easy. You can gamble anonymously as you need to provide only your email, password, and preferred currency to sign up.
BitcoinPenguin does not indicate any country restrictions. Even so, it is your responsibility as a player to check the gaming laws in your area before you sign up. Know more about this betting site in this BitcoinPenguin review.
Betting online is more rewarding knowing that there are Bitcoin bonuses up for grabs. Below are the rewards you must anticipate from BitcoinPenguin:
Apart from greeting you with a sleek casino layout, BitcoinPenguin also welcomes you with up to 175% match bonuses, which are divided into your first two deposits:
To get your hands on each reward, your first two deposits must amount to at least 0.0025 BTC each. Keep in mind that to cash out these bonuses, as well as the winnings acquired from them, you need to bet these rewards 45 times.
If you are already a long-time member of the casino, you could still enjoy some reload rewards. If you deposit at least 0.0025 BTC on a Monday, you are eligible to get 50% up to 0.2 BTC plus 25 free spins. Meanwhile, topping up your account with the same deposit amount or more on a Friday will give you 25 free spins, playable on popular slot games.
Betting online involves games of chance, which could sometimes lead to losses if Lady Luck is not on your side. In this case, you can count on the betting site’s Monday Cashback Guarantee reward. If you make a deposit on a Monday, and unfortunately lose it all, BitcoinPenguin will reward you with up to 20% cashback. If you make multiple deposits and lose them all, the cashback rate will apply your biggest deposit.
On top of boosting your stash with these rewards, another way to earn extra funds is by joining on-going slot tournaments. The betting site’s affiliate program also offers appealing rewards. Simply promote BitcoinPenguin and get up to 50% revenue share.
|Cryptocurrency||BCH, BTC, DOG, ETH, LTC|
|Minimum Deposit||0.0003 BTC|
|Minimum Withdrawal||0.0010 BTC|
|Restrictions||United Kingdom, United States|
Affiliate Name: BitcoinPenguin
BitcoinPenguin offers a game library consisting of 200 titles. The collection consists of titles from the powerhouses in the field like Booming Games, Ezugi, and BGAMING. The betting site also claims that its games are provably fair.
Slots dominate the list with a variety of titles in different sizes, themes, and jackpots. Player favorite card games like blackjack, roulette, and baccarat are also available in RNG and live-dealer setup. And if you want to play simply for fun, casual games like Minesweeper, scratch cards, and Keno games got you covered.
With well-known game providers onboard, BitcoinPenguin has several hot game titles you can enjoy. Simply browse the Popular section to find a title for you.
Say, you want to play jackpot games. Some of the best options in the collection are Greedy Goblins, At The Copa, and Good Girl, Bad Girl. If you are looking an authentic casino experience, try Ezugi’s Bet on Numbers or its roulette tables. Other fun titles you can play are:
BitcoinPenguin is a crypto-only betting site. That being the case, you should expect all transactions to be done with crypto. It can process payments via BTC, LTC, DOG, ETH, and BCH, courtesy of CoinsPaid. But before making your first deposit or cash out, you must take note of the casino’s transaction limits, payment channels, and more.
The minimum deposit amount for deposits in this casino is 0.0003 for BTC. To make a deposit, simply go to the My Account section or click the Deposit bar on the casino lobby. Then, send your deposit to the wallet address indicated.
Valid cash outs in this casino costs at least 0.0010 BTC. Similar with the deposit process, you can send a cash-out request on the My Account widget. The casino aims to speed up withdrawal process as much as possible.
Note that you might need to provide some documents to prove your identity. These include a copy of your passport, utility bill, and others. To speed up the process, you can upload these documents on your account beforehand.
BitcoinPenguin does not have any spectacular or groundbreaking aspects. Even so, it still poses as one of the most easy-going and straightforward betting site for crypto gaming. You can play anonymously and enjoy swift banking methods.
However, the limited information in terms of its license and operators is off-putting in terms of player safety. In this case, you are left rely on the big names affiliated to the betting site to somewhat determine its credibility. These include SoftSwiss, Booming Games, and others.