To ensure transparency and fair play, Fairspin uses a comprehensive blockchain platform solution called TruePlay. Game data and financial transactions at Fairspin.io are recorded on the blockchain, allowing players to monitor and control all game processes. In this way, the casino offers players familiar gaming content from leading suppliers rather than blockchain games, which are still a long way off.
Service rebranding
The casino was founded in 2018 under the name Fairplay, but was renamed a year later and is now known as Fairspin. The service has retained all its features in full, but with a few important changes:
- A new e-gambling Curaçao license, allowing easier access to new markets;
- Visa/MasterCard support, plus cryptocurrency payments;
- Increase in the number of games and the inclusion of new languages.
According to the developers, the new name better reflects the idea of the service. All bets and spins are recorded on the blockchain, allowing players to keep track of statistics and guarantee fair payouts. Anyone can view game data and transaction history on the casino’s website and check the information in the blockchain researcher.
We can see that Fairspin users have won a staggering 40,000 ETH, or almost $6 million, and we can check individual game and player statistics (user identities are protected by blockchain). So, one lucky player managed to withdraw 57.8 ETH per day, or about $8500. Another user won 22 ETH by betting 384 times less.
Advantages of blockchain casinos
The main reason to choose FairSpin Casino is the guaranteed payout. The integrity of the service is ensured by the use of a blockchain, the details of which cannot be altered or manipulated for the benefit of the gambling club. The lack of developer influence on the results makes it impossible to limit the amount of winnings and the number of customers who win too often.
List of other advantages of the service:
- Open statistics. All betting and staking information is available to each customer, allowing them to calculate their own chances of winning.
- The ability to monitor the casino’s balance sheet and check its solvency.
- No restrictions on deposits and withdrawals. The possibility to withdraw them even to a simple bank card.
- A low entry threshold, allowing even novice gamblers to play at the casino.
- Continuous updating of the service and improvement of its functionality.
- A wide variety of slots, the number of which is increasing over time.
The pros of blockchain casinos include a technical support service always ready to help players. All customer queries are answered by a Fairspin representative who contacts them immediately after registration. Casino visitors can get help from consultants around the clock – via Facebook, email, WhatsApp chat or Telegram.
Getting started
To play at Fairspin, you need to register at https://fairspin.io/lt/ by clicking on the start button, which is located in the top right hand corner and below the screen. When registering, you must provide your phone number, which will be called by a casino staff member, and your email address.
Fairspin has partnered with well-known slot machine manufacturers including Microgaming, Spinomenal and NetEnt. As a result, the site features dozens of popular slots, roulette and card games. They can be sorted by game type or provider, searched by name, or selected based on the payout statistics displayed by each slot machine. You can try a slot machine in demo mode before playing for real money.
Deposits and withdrawals
All casino transactions are made with TPLAY chips, each equal to 1/1000 ETH. You do not need to buy any coins to start playing, as they are automatically converted when you make a deposit in any available currency. The conversion is reversed on withdrawal. Chips are stored in a TruePlay wallet, which is automatically created when you sign up.
The casino balance of the blockchain can be funded with cryptocurrencies or VISA/MasterCard. There is no limit to the amount that can be transferred or withdrawn.
Bonus system
The casino offers players a bonus of 30 freespins for each new user after registration. Bonus points are also awarded for deposits. For the first deposit you will receive up to 100% bonus and 30 free spins (the amount of the bonus depends on the amount of the deposit), for the second and third deposit you will receive up to 75% bonus and 30 free spins. For the fourth time, you will receive a bonus of up to 200% of the amount and 50 FS. However, as in other casinos, bonuses are subject to wagering – a minimum number of bets must be placed before the player can withdraw the bonus funds.
Customers of the service have the possibility to get their money back (up to 10% loss), but this only applies to deposits made during the promotion period. VIP members can also look forward to other rewards, gifts and weekly free spins.
In addition, VIP members can increase their bonuses. The more money they deposit into their account, the higher their status, the higher the number of free spins and the higher the tournament multiplier. To become a VIP member, you need to contact the relevant casino department.
Conclusions
The ability to control the fairness of the game using a blockchain is what sets Fairspin apart from conventional casinos. At the same time, the size of the bonuses and the selection of games at Fairspin.io is as good as at other gambling clubs. Fairspin thus allows users to play their favorite games in good conditions and control every bet and payout.
