Introduction
As a Canadian online casino player, you have hundreds of different payment methods to check out and use, but if a crypto enthusiast, we have an innovative coin for you to consider, designed with online casino players in mind, FUN Token. As its name implies, this is a token you can use to have fun funding your online gambling time, and then cash out your winnings with extreme ease. It was created by iGaming experts for iGamers, therefore, you can rest assured that you’ll have no issues getting started with it and using it across plenty of sites that accept Canadian players. What is FUN Token and why use it as your online casino payment method?
About FUN Token
A private innovative company called FunFair Technologies was established in 2017, with the aim of creating a solution that would make the dream come true for many iGaming players and crypto enthusiasts all over the world. Jeremy Longley and Oliver Hopton, two iGaming pros, took an idea and presented it to an entrepreneur, Jez San OBE, who later on became an investor, and helped them make it a reality. What happened was, the three launched a token that’s of decentralized nature but also fun, powered by blockchain technology, crafted to be used across the online gambling industry. That’s how FUN Token was born.
The company, based in Singapore, opened offices in London and Dublin and expanded its team to make the crypto go global. The founders chose Ethereum’s platform as the underlying blockchain for their token, eliminating any possible vulnerabilities and offering a secure network that puts aside traditional servers. If you’ve ever used Ethereum or heard something about it, you know that it runs on smart contracts, which are also used for this crypto. It means that the sender and recipient agree on this contract to achieve a smooth transaction without any interruptions or problems whatsoever, and with no third-party interference.
FunFair Technologies had the proper resources to run the code and signed platform deals with many crypto casinos to offer the token across the entire online gambling industry, but also launched a casino on its own, FunFair Casino, where you could use the crypto for seamless transactions. The casino was launched a year later, in 2018, and it is a unique one, offering only proprietary games designed in-house by its team of developers.
Before we wrap up the introduction part, we should share with you another fun fact about the crypto. The batch of coins that went live on the 22nd of June 2017 is the only one that will ever be found in circulation. New coins won’t ever be created or mined, and the 11 billion of them already in circulation will be the only ones that will ever exist. So, if you’re excited to get started with it, let’s go over the steps you need to make next, to start using it across Canadian online casinos.
Getting Started with the Solution
If you read about the fun fact regarding this token, you know that you won’t be able to mine for coins, but you’d need to get a hold of some of the coins in circulation on the blockchain. To do that, you’d need to create a crypto wallet and purchase some coins on an exchange platform. We’ll take you over the procedures, step by step.
First, you should know that Trezor, MyEtherWallet and Ledger NanoS are excellent wallet options to consider, but FunFair Technologies, of course, offers a wallet on its own, called FunFair Wallet, which you could take into consideration, as well. You’d need to create an account with any wallet of your preference before you get to the next step, purchasing the coins.
Now, as far as the purchasing goes, you can do it directly on FunFair’s platform, or visit Nove Exchange, HitBTC, Binance or EtherDelta, which are some of the exchange platforms you could visit. You’d need to create an account with the exchange platform, connect a payment method to it, and specify how many coins you’d like in your possession and of course, pay for them.
Any transactions you make with this token will be publicly available and tracked on CoinMarketCap and Etherscan, to provide improved transparency; naturally, your name won’t ever be displayed or published, so you should not worry about your anonymity. In case you’re unsure about it or you simply wish to get more information on this matter before you start using it, make sure you visit the official website to find out more about it. And, if you’re equipped with the knowledge and your coins, you are ready for the next step, using the crypto across for actual deposits and withdrawals. We’ll go over the procedures next.
Depositing and Withdrawing
Any online casino that accepts Canadian players and offers FUN Token would be a potential candidate for you to consider joining. Although you could also join FunFair Casino as a Canadian player, you’ll get plenty of other options to consider. Maybe not hundreds of Canadian casinos accept it, but a decent number do, so explore your options and join the one that suits you most. Create your account with your chosen casino and you’ll be ready to start depositing.
To make a deposit with FUN Token, you’d need to do the following:
- Go to your chosen casino’s Deposits/Banking page.
- On the list of Accepted Methods, locate FUN Token’s logo and press it.
- Copy the casino’s address from the pop-up.
- Log into your crypto wallet, specify how much you wish to deposit, and paste the casino’s address.
- Confirm the transaction and watch the coins arrive on your casino balance in real-time.
Naturally, you’ll be able to withdraw winnings with the solution, too. Assuming you’ve successfully deposited, played and won something, you’d want to cash out your winnings. You can do that in a few similar steps, this time specifying how much you’d like to withdraw and pasting your wallet address in the designated field. After you send your request, the casino will consider it, and as soon as it approves it, your winnings will arrive in your wallet in real-time, too! They are held in escrow by the blockchain, and that’s FUN Token’s forte – the fact that all transactions with it are in real-time, even withdrawals!
Applicable Fees
Again, if you’ve ever transacted with Ethereum, you know about the gas fee, which is a type of fee that fuels the crypto transfer. This gas fee is charged for transactions with FUN Token, too, but it is just a fragment of the amount being sent, so you won’t even notice it.
You can rest assured that no other fees would be charged on the casino’s behalf, so your entire experience will be painful and cost-efficient.
Accepted Currencies
There are two ways to purchase FUN Token coins as a Canadian player; you can use Canadian dollars, or you can swap your existing crypto coins with it, meaning simply use any other cryptocurrency you might have to purchase your tokens with.
Speaking of, you could swap Bitcoin Cash, Bitcoin, Cardano, Tether, or Litecoin, for instance, to get your FUN Token. You can also use other fiat currencies available on the exchange platform you’re frequenting, for a currency conversion fee, of course.
Coverage
No country restrictions apply for using FUN Token, none whatsoever, so you can sit back and relax knowing that you’ll be able to use it as a Canadian player. Since Canada embraced crypto and Canadians are free to use cryptocurrencies for all kinds of purchases and payments, you have no obstacles to using the solution.
The company behind it, FunFair Technologies, imposed no limitations on who can send and receive transactions with it, so you can rest assured that you’ll be able to use it as it suits you across Canadian casinos.
Customer Support
In case you’re having any issues with your FUN Token transactions, you can always contact your chosen casino’s Support team. Their agents are trained in assisting players with any problems or inquiries regarding deposits and withdrawals with any payment method.
But, as said, FunFair Technologies launched an official FUN Token site you could explore, too, to get help or simply read more info about the solution itself. You could use the on-site contact form or the email address admin@funtoken.io to get in touch with its team and get the assistance you need.
Conclusion
As a Canadian player, you have no reason to skip this solution; it practically gives you all that you’ve been looking for. It was designed for online casino players like you, you can purchase it with Canadian dollars across many exchange platforms, you can use it across many casinos, and it is incredibly cost-efficient. In case you have any issues or questions about it, you can always visit its official website, so your overall experience should be as smooth as it gets. Make sure you at least give it a try, to see what all the fun is all about!
FAQs
Is FUN Token on any social media?
But of course! The solution is on Medium, LinkedIn, Telegram, Facebook, Twitter and Discord, so you can explore its profiles on any platform you like, to find out more about it.
Can I explore its website in different languages?
No, not really. The official website is in English only, but that’s expected, considering the technical terms used for explaining every aspect of it.
Does its value fluctuate?
Of course, as with any other crypto, it does. In 2017, its value was $0.034, but it achieved its peak value the next year when it jumped to $0.186. You can keep track of the fluctuations on CoinMarketCap and Etherscan.
Are there any other crypto wallets I could use to store my coins?
Sure, you could use any wallet you like, but the company behind it, FunFair Technology, in addition to the ones mentioned previously, also recommends MetMask. So, your options are plenty; you choose the one that would work best for you.
Is there a phone line to contact its Customer Support agents?
Unfortunately, no. There’s no phone line for you to ring the team, but the team will call you via phone to provide you with any answers you needed as you explained on the on-site contact form. You could try your online casino’s Support team via phone if you wished to talk to a representative.
