Platform Name: EarnBet
Platform URL: https://earnbet.io/
Parent Company: Aurora Tech NV
Company Registration: 148186
Registered Address: Abraham de Veerstraat 7 Willemstad, Curacao
Games: Dice, Crash, Baccarat, Hi/Lo, Blackjack etc.
Supported Cryptocurrencies: BTC, LTC, BCH, ETH, LINK(ERC-20), BNB (BEP2), XRP, WAX, EOS, TRX, USDT (ERC-20), USDC (ERC-20), DAI (ERC-20), FUN
EarnBet is one of the popular online gambling platforms that is completely decentralized and supports a range of cryptocurrencies. Previously known as EOSBET, the platform is a licensed operator with a valid Curacao license GLH-OCCHKTW0711072018. As one of the early and popular gambling dApps, the EarnBet platform runs solely on smart contacts, achieving 100 % transparency, verifiability and immutability.
EarnBet is a dApp based on WAX blockchain, with open-source smart contracts to manage all the bets. The platform currently hosts six games, all of them designed to be user-friendly and developed in-house. These six games include:
- HILO, and
By virtue of them operating on WAX blockchain, these games accept bets in WAX-based cryptocurrencies. Whenever a player deposits any of the supported cryptocurrencies to the EarnBet contract, it will be converted to an equal number of WAX-based tokens of the same value and used towards placing wagers.
Starting up on EarnBet
EarnBet is a global platform that can be accessed by anyone from anywhere. As a completely decentralized application, it has a simple sign-up process and a clean interface that allows new users to get started in no time. In order to create an account, users just need to enter their name, username and email address. Once the account is created, they need to deposit at least 100 USD worth of cryptocurrencies to start betting. It is important that the users note down the recovery phase of the accompanying wallet as soon as they create an account as it is the only way to access and control any funds deposited into the account.
As a completely decentralized gambling platform, EarnBet supports only crypto transactions. Patrons can make quick deposits and withdrawals using any of the twelve supported cryptocurrencies. All payments made from and to the platform are settled near-instantaneously once it receives the minimum required confirmations on the blockchain.
All crypto deposits made to the platform will be converted automatically by a smart contract to an equivalent number of WAX tokens of similar denomination for use on the betting contracts. Similarly, during withdrawals, the WAX tokens are converted to the altcoin of choice on the fly and sent to the user’s wallet.
EarnBet doesn’t charge any deposit or withdrawal fees, and there is no maximum limit for the same. However, there is a minimum withdrawal limit that varies between crypto-to-crypto.
EarnBet has its own token that forms an important part of its staking and loyalty program. Users earn BET whenever they place bets on the platform. By holding BET, users get to enjoy a much lower house edge and a share in all the profits generated by the platform.
Further, BET tokens are also rewarded to the leading players occupying the top ten positions on the leaderboard every week.
The BET tokens can also be bought from some of the leading centralized and decentralized exchanges like Hotbit, Binance DEX and Uniswap.
Support and Security
The platform has multiple customer support channels along with an answer to a comprehensive list of FAQs that can be easily accessed on the website. Users can either choose to write an email, reach out to the EarnBet team over multiple social media channels or use the live chat feature at the bottom of the webpage to get their queries addressed. In addition, each game on the platform comes with a detailed set of instructions so that anyone with or without prior gambling experience can indulge in it from the start.
EarnBet is a completely decentralized platform that doesn’t require users to provide any personal information. Also, the platform doesn’t store any of the user’s funds, leaving the patrons in complete control of their crypto deposits at all times.
When it comes to fairness and transparency, all EarnBet games are provably fair, and users can verify the outcomes at any time.
Apart from gambling gains and the dividends issued to BET holders, EarnBet also offers some exciting promotional bonuses and referral commissions. Some of these benefits include a $50 worth BTC as a welcome bonus, an entry into the VIP Club for high rollers where they can get exclusive access to giveaways, priority access to customer support, early voting rights, cashbacks and more. Players on the platform also get a chance to earn weekly leaderboard giveaways and more.
EarnBet is an ideal gambling platform as it combines the trustworthiness of a licensed casino platform with the transparency and fairness of a dApp. It is one of the few regulated crypto casinos dApps currently out there in the market. The simple signup process without mandatory KYC requirements and geographical restrictions has contributed to its popularity.
If you are willing to give EarnBet a try, register at https://earnbet.io/