Everyone has turned to CoinPoker and the Twitter handle of Patrick Leonard. A mystery player named BenjaminTravesty was spotted last week with what is being considered as the highest ever stack.
It was worth around $2.4 million. BenjaminTravesty was with four more players. The highest stack also brings out the fact that online poker may be the best alternative to live-action amid the rising concern about the Covid-19 pandemic.
Is the $2.4 Million Stack the Highest?
The question was teased by Patrick Leonard, an ambassador & tournament pro for Partypoker, through his official Twitter handle. He shared the screenshot highlighting BenjaminTravesty, a mystery player, sitting with the stack worth $2.4 million.
A stack of $2.4 million equals the value of the same amount in Tether, a crypto token that is used by CryptoPoker.
Tether derives its value from the US Dollar by moving in the same line. The value of $1 equals $1 USDT (Tether). This brings out the value of BenjaminTravesty’s stack to $2.4 million in terms of US Dollar and Tether alike.
BenjaminTravesty was caught with other players, namely Leon, Tony G, and omaha4rollz, to name a few.
This has generated a buzz, making the supporters of crypto poker happy.
With time, online poker has emerged as a perfect alternative to the live poker game. One factor to have contributed to this statement is the security concern around the Covid-19 pandemic. Another factor is the convenience that Cryptocurrencies offer.
Many online poker gaming platforms accept Cryptocurrencies in deposits. They even allow their players to withdraw their winnings in the form of a preferred Cryptocurrency.
Online poker, especially the one with high stakes, requires a player to deposit and withdraw a large amount of money. The traditional currency finds it difficult to execute the transaction. Cryptocurrency, on the contrary, makes it easier for players to execute the transaction.
Cryptocurrency transactions are comparatively safe and efficient. They also allow players to save a lot of money in the form of transaction fees.
Transaction fees charged by the platforms vary based on the activity on the network. Once fixed, the transaction fee does not get influenced by the amount that you are transferring. For instance, a transaction fee of $0.10 will remain as it is whether you are transferring $100 or any other amount.
This is why cryptocurrenciess have emerged as an ideal choice for all the high stake poker games. They have also emerged as the perfect choice for other online poker games. Instant and secure transactions utilizing USDT, ETH, BTC, or CHP tokens, as well as no KYC checks, are the benefits CryptoPoker players enjoy, along with massive weekly promotions that give away thousands in fiat worth. Players from all over the globe may log in to the desktop client and deposit or withdraw funds from their CoinPoker accounts using USDT, CHP, BTC, or ETH.
The hype surrounding BenjaminTravesty seems to be doing its job to promote CryptoPoker. It has also brought out the benefits that cryptocurrencies have for players. At the current rate, online poker will only gain more followers, with live ones either taking a hit or transitioning to the digital platform. Ripple Poker has also been trending lately. Presently, Betcoin.ag hosts the biggest Ripple online poker room. You can get more information here about Ripple poker.