Until recently no one ever heard of 0x, due in part to the fact that the altcoin didn’t launch until late 2017. However, in their short existence, they have made some big moves and is now one of the most popular exchanges on Coinbase and other traders.
Today 0x is starting to become accepted by more retailers, and our readers can take advantage of the altcoin by funding their online gambling accounts. This page will explain the platform and inform you on how to use the altcoin to wager at online casinos, poker rooms, and sportsbooks.
Is it Legal To Use Ox Cryptocurrency To Gamble in the Philippines?
Yes, Philippine gambling laws do not criminalize the use of cryptocurrencies, (including ZRX), or offshore online gambling sites. Federal laws are very specific and only address Philippine-based online casinos. We suggest that PH residents only use offshore casino sites that are licensed by a trusted gambling authority to assure their credibility and fairness.
Best ZRX Casinos For Filipino Players
The following online casinos have passed our security screening and are the best option for Philippine players. Our team of industry professionals has tested the fairness of the games, multiple security features, ZRX deposit options, and validated that the following casinos are licensed and hold compliance records from trusted gaming regulators.
|Site Name||Bonus Offer||Accepts Filipinos?||Visit Site|
|100% Max $3,000||Visit Site|
|250% Max $6000||Visit Site|
|100% Max $1,000||Visit Site|
What is 0x (ZRX)?
0x is an open protocol decentralized exchange that operates as part of the Ethereum blockchain. Developed by Will Warren and Amir Bandeali in 2016 the protocol uses Ethereum’s smart contracts to allow users to run a decentralized exchange. 0x strives to improve the inefficiencies of decentralized cryptocurrencies while providing an option for various cryptocurrencies to work together.
The 0x coin (ZRX) is an ERC20 token. ERC20 tokens are specifically designed to be used in conjunction with the Ethereum platform. There are over 500 ERC20 tokens already in existence. 0x’s ZRX token was launched in August of 2017, with a fixed supply of only one billion tokens.
How to Get Started Using 0x
To get started you will need an Ethereum wallet or a Hardware wallet to store your cryptocurrency. Then you will need to purchase ZRX from an online digital currency exchange such as Binance, Coinbase, or ABRA. Purchasing ZRX online is easy, but you will want to find the exchange that accepts the currency you want to spend with the least amount of additional fees. Once an amount is determined you will enter in your digital wallet (also sometimes called an ewallet) routing number and confirm your order.
How Do E-Wallets Work?
E-wallets are digital wallet apps that hold sending and receiving numbers or addresses. App-based e-Wallets are commonly used to send and receive digital currencies. Hardware wallets are also available and usually come in USB form since your wallet will have to interact with a computer. Click here to compare and download an Ethereum eWallet.
How to Use 0x at Online Casinos
You can now use your ZRX to fund an online casino account. Due to the rise in popularity of the 0x’s ZRX several online casinos are now accepting ZRX. To use your ZRX cryptocurrency simply navigate to the cashier’s page and select the deposit now button next to the Ethereum tab. Once there you can enter a bonus code to apply to your deposit. Follow the simple steps to launch your wallet and your online casino account will soon be funded.
What Is Provably Fair Gambling?
Provably fair gambling describes an algorithm that is used to verify the fairness of a service operator. Often associated with online casinos, provably fair algorithms are used by players to verify each transaction of the game played. Players can use the algorithms to test a games response to player decisions and evaluate the outcome.
0x Casino FAQs
Are There Any 0x Casino Bonuses and Promotions
We have yet to find any online casino bonuses for ZRX depositors, but there are several options for Bitcoin users.
How Secure is 0x?
Decentralized currency exchanges offer better security by taking out the third-party and giving users complete control over the security of their cryptocurrencies. 0x also provides additional internet security by not requiring personal user information that could be sold, shared, or stolen online.
What Are the Disadvantages To Having 0x?
For now, its main disadvantage is the fact that it is not widely accepted. As the popularity of the ZRX rises, we expect to see more online retailers open their registers to start accepting the token.
Can I Use 0x With Any Other Forms Of Online Gambling?
Yes. You can use 0x ZRX to fund an online poker site or an online sportsbook site. The sites listed above have all integrated different online wagering options into their platforms. Users can use any of the additional wagering services with their single player account settings and bankroll.