Sign Up Login
Coins Trends Exchanges ICOs Countries Compares Tips How does it work?

FunFair (FUN)

Market Cap

$90,523,045 USD

Volume (24h)

$1,580,006 USD

4.5
SAFETY

Ranking factors:

  • Markets

    How many exchanges are there to trade this coin?

    FunFair Markets Rank: 10/100

  • Volume Ratio

    How actively is this asset being traded on the market?

    FunFair Volume Ratio Rank: 2/100

  • Market Cap

    The total cost of all coins available.

    FunFair Market Cap Rank: 97/100

  • 24h Change

    Is the price moving up or down?

    FunFair 24h Change Rank: 52/100

  • Social Following

    How many users are following this coin?

    FunFair Social Following Rank: 96/100

  • Google Trends

    How many users are searching for the coin?

    FunFair Google Trends Rank: 33/100

  • Twitter Citation

    How many users are talking about this coin in Twitter?

    FunFair Twitter Citation Rank: 43/100

  • User Voting

    How popular is this coin among Cointobuy community?

    FunFair User Voting Rank: 94/100

FunFair investment analysis

FUN is a platform for online gambling that plans to help level the playing field in their niche by providing a fair and transparent outlet. Their blockchain based solution forces casinos and games to operate fairly. They allow players to play games using funds straight from their cryptocurrency wallet so there's no need to deposit funds to a shady website which you may not be able to recover them from.

For operators, the network offers the ability to have the reduced infrastructure which lowers their cost, and the ability to use a crypto token for gambling funds which cuts out the headache of fiat regulatory agencies. If you're looking to get in on the online gambling craze then a FunFair investment is an attractive option with a lot going for it.

How to buy?
current price
$0.018065
Potential Profit

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.

+224.4%
Potential Price

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.

$0.058611
Rankings

The current coin position in cryptocurrency rankings by Safety Rank and Potential Profit.

73/1568
by Safety
1007/1568
by Profit
historical data

How to buy FunFair?

You can buy FunFair on a large number of exchanges, but not many are high volume. The largest trading pair is for Bitcoin, but there are a few other smaller volume options including Ethereum, and even a USD pair.

FUN is an ERC20 token, which means you can store it in any compatible Ethereum asset wallet. Some popular choices include MetaMask, My Ether Wallet, Coinomi mobile wallet or the Ledger Hardware solution.

Buy now
Buy now
Buy now

Is it safe to invest in FUN now?

Cryptocurrency and gambling seem like a match made in heaven. Most financial institutions don't want to touch casino/sportsbook related websites with a ten-foot pole. Due to regulations, this industry typically causes many problems for these payment providers, and they are more likely to abstain to avoid the potential legal complications than service this niche.

However, cryptocurrency doesn't fall under these regulations. That solves a huge problem for online casino operators. While there are many of them already accepting cryptocurrencies for their services, there are even more benefits available if they choose to invest in FUN.

FUN takes a lot of the work out of running a platform by helping to reduce security concerns and overhead for operators. The network helps combat downtime and attacks, and all bets are verified on the blockchain.

This solution will no doubt be very attractive to online gaming as it automates a lot of problematic work for those who are in the business of chance. In addition, gamblers have more confidence in the games they would be playing knowing they are backed up by the FUN network and would be more likely to throw down money on them.

For players, FUN offers an interesting advantage in that you don't have to trust that a casino is going to actually pay you. Everything is verified via smart contracts, and if you win then you can be confident in the fact that the blockchain will issue your prize, and it can't be manipulated by the casino proprietor.

It's also very easy to send coins for gaming purposes since you're using a cryptocurrency, and you won't even need to deposit them to the operator's site. The funds can sit safely in your wallet so there's no risk of losing them to a site that might vanish overnight.

Now the bad. I'm hesitant to invest in anything that has to do with gambling due to legalities. While it's not illegal to use an online betting site there are questionable rules for it in the United States. FUN will most likely require all users to submit to KYC from their operators which many people who are interested in this niche will dislike.

People will also potentially be able to trace your transactions using your wallet address should they learn what it is. FUN is based in the UK, but it's possible that the United States government could take issue with their operation which might be cause for US users to be banned from the service. This could be very detrimental to the price of the token.

All of this makes for an investment that I don't really want to take on, but if you are interested in investing in gambling tokens then FunFair looks like a great option. They've attracted a lot of attention all over the crypto space, and a lot of people are very excited about what they have to offer.

Leave your comment

Comments (0)

In order to leave a comment
please enter the website
Sign Up Login