Crypto Millions Lotto Review Breakdown of the World s Largest Bitcoin Lottery Site
Crypto Millions Lotto Review: A Breakdown of The World’s Largest Bitcoin Lottery Site
Crypto Millions Lotto is a global digital lottery platform that allows you to play lottery using bitcoin.
Oliver-There are no comments from July 27, 2021 by Dale 14 minutes shareCrypto Millions Lotto is a global digital lottery platform that allows you to play lottery using bitcoin. The company is completely operating in more than 180 countries and is licensed by the Curacao government. Crypto Millions Lotto is an official online lottery partner of Atalanta B. C., a Serie A club. The parent company, Wilmington Holdings PLC, also manages a lucky gift card that is the same model as Crypto Millions Lotto.
The reason why the company chose bitcoin instead of other digital currency such as Ethereum was its ease of use and popularity. In addition, the platform aims to reduce the amount of taxes generated by Fia t-based online lottery.
Even in the United States alone, the lottery of billions of dollars’A considerable lottery remains unified every year due to the loss of lottery tickets. At Crypt Millions Lot, you can track, monitor, monitor, and receive payments on the day you win, using the platform unique "check the results" options.
Crypt Millions Lot is proud of the world's most popular digital lottery site. However, this article gives room to judge whether it is worthwhile to play a lottery with your bitcoin, and will comprehensively explain the breakdown of the functions provided by the company.
Crypto Millions Lotto Offering
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Crypto Millions LotTo offers a large jackpot from $ 10 million to more than $ 200 million. Sign up using email and password and enter the necessary information about yourself. You must be over 18 years old to participate. After signing up, we will make a deposit, but we will deposit bitcoin instead of cash, participate in the lottery, or play a available game.
You can see the cost of various entry in the "play" section now. The result is the same as the result of the dashboard, such as Euromillions, LotTomax, 6Aus49, UK National Lottery, etc. You can participate in instant wins, slots, and scratch cards. Crypto Millions Lotto claims to guarantee all jackpots and pays the prize on the same day using bitcoin. Jackpot may take a month to pay out because the winner needs to submit an ID card and a residential certificate.
You can also use microBitcoin to play games and casino on Crypto Millions Lotto. MicroBitcoin (μBTC) is equivalent to 0. 000001 BTC. The platform also allows users to play some cool games using μBTC. Among the games are poker cards such as Triple Edge Poker Cards, Blackjack, Caribbean Poker, and Super Reno. You will also find Ali Baba, 777Heist, Bonnie & Clyde, and over 30 other games.
But it goes without saying that Crypto Millions Lotto focuses more on digital lotteries than games and casinos, and has a smaller selection of games compared to its peers.
Welcome Bonuses
It is almost customary to say that online lottery platforms always offer welcome bonuses to new members. Crypto Millions Lotto is no loser in this regard. Upon signing up, the platform allows you to play six lotteries for free. That's one free entry in each of the six international lotteries:
- Oz Lotto
- SuperEnalotto
- MegaSena
- UK National Lottery
- 6aus49
- LottoMax
The cool thing about this is that you don't have to make an initial deposit to access the free lottery slots.
Regular Promotions and Loyalty Programs
CryptoMillions Lotto offers promotional programs and bonuses. Through the refer-a-friend and affiliate programs, you can earn Bitcoin when you promote the company. According to Crypto-Millions-Lotto, the affiliate program has a minimum withdrawal of 0. 0003BTC, making it easy for affiliates to cash out effortlessly. There are also no withdrawal period restrictions on affiliate earnings.
We want to emphasize that you can only earn Bitcoin with the refer-a-friend and affiliate programs when your friend or someone joins the platform using your link (not necessarily word of mouth). The referrer also needs to make a deposit and participate in the draw.
When you sign up for the affiliate program, you can monitor your earnings in real time. As an affiliate, you can earn up to 15% cashback on top-line gross sales if your referee purchases a ticket, and 5% cashback on any jackpot your referee wins. Affiliates whose referees play the CryptoMillions Lotto casino game can enjoy a 25%-35% share of monthly net revenue.
The affiliate program is very active and you can join by filling out a form. Once you have completed the registration, the system will assign you an affiliate account manager. You can promote the company through dedicated banners, social media, videos, and your review sites and blogs.
To do so, switch to "My Account" and get your own introduction link. You can track your profits and play games and lotteries available on the platform.
Payment Method
As mentioned earlier, bitcoin is the only currency that can be used in Crypt Millionslot. If you have money in another currency (encryption or unexplored bill), you must first convert it to bitcoin before using this platform.
The minimum deposit is bitcoin worth $ 12. 50. As of July 23, 1 BTC cost $ 32, 216. In other words, $ 12. 50 is equivalent to 0. 000388BTC. If you enter a BTC with a minimum amount, the system returns an error message. In general, it is recommended to aim for a deposit of $ 12. 50 or more because the cryptocurrency fluctuates.
To deposit bitcoin to your account and participate in a lottery or game, you need a digital wallet with a unique wallet address. After signing up and setting your account, go to "My Account" and select "Add Funds".
Crypto Millions Lotto offers unique BTC addresses to each user. This address must be copied to Bitcoin Wallet to remit the appropriate funds to the Crypto Millions LotTo account. To get your unique address, click "Get a wallet address". You can supply different lottery numbers after supplying your account to your account.
The method applied to use bitcoin to play games with Crypt Millions Lot is to purchase plastic chips with money and credit cards, win the game, and win the same plastic chips. Same as the casino. Crypt Millions Lotto is completely digitized, so you can use bitcoin directly as digital chips and money.
The minimum deposit is $ 12. 50, but you can play any game or lottery on the platform on a small amount like a micro bitcoin (0. 000001 BTC). The amount used for the entry is not clear, so you can use as many bitcoin as possible and make as much entry as possible. Keep in mind that the higher the value of bitcoin used for the entry, the higher the possibility of earning.
If the live lottery is advantageous to you, you will be deposited, and if it is a jackpot, you will be further deposited. Unlike normal lotteries and traditional lotteries, it is necessary to wait to claim a lottery or to visit the lottery center, and there may be cases where tickets cannot be found, and taxes are applied. It may be done. In Crypto-Millions-Lotto, you will not only get your rewards and withdraw your income on the same day, but you will also be free from paying taxes.
Mobile Offering
Crypt Millions Lot has no mobile application or desktop software, but is operated as a website. In other words, you can access and play the official website (www. cryptomillionslotto. com). This website supports mobile and has the same functions as desktop. The website is sufficient to give you all the experiences you may be looking for, and is supported by all browsers.
Since there is no mobile application, there is no special offer for mobile users on the platform.
Usability
Crypt Millions Lot has a lot of offers here and there, with a view and feel on a modern lottery site. However, it is simple, easy to access, and easy to navigate. We can say that the simplicity of the site and the choice of color are quite welcome and use r-friendly.
Before you sign up, you can see all available lotteries and games options. There are so many functions and a wide range of options available on websites.
You can check out the price of lottery in your country's currency and translate the site to your country's language to understand a better platform. You don't have to be an online game nerd to start Crypto Millions Lotto. Just looking at the platform, you may probably get a complete range of what is provided and how to find your method.
Stand your thumb on the placement of the static cryptanuslot logo in the upper left corner of the site. Because it is a prominent place, you can easily find a way to return to the "Genesis" even if you get lost in the site. Also, the first user will be grateful for the static menu on the header of the site.
The menu includes "Introduction", "All Lotto", "Casino", "Check the results", and "Friend introduction". This menu leads to 80%of important things on the site. And on the right is logout, access to account information, and balance.
Once again, the benefits here are accessibility. However, the width of the header looks relatively large, especially from a mobile device.
Privacy and Security
Your information and payment details will be kept private and anonymously. This platform uses blockchain technology, and the payment details are safe and encrypted, so it is even safer. What this means is that your status and personal information are not generally known, despite the unauthorized public.
Crypt Millions Lot also argues that it will provide a safe system and approach to verify and process your transaction. Because we use blockchain technology, the site activity and operation method are simple and transparent. Your payment information is not saved in the database and is recorded in the Bitcoin blockchain network.
Its privacy and security covers only your status and payment details. Other cases, such as accessing your account without permission, may not be covered by that security system, and it is a great way to access and publish your login information in public places. You need to pay attention.
In addition, the result of the lottery is not the cryptoclionslot, but the one that is always open, so the loss is another security that is not covered by their "Terms of Use". Because the lottery results are not related to Crypto Millions Lotto, but are related to each live lottery that is always open. You are responsible for your entry and the game you play alone, and Crypto Millions Lotto cannot directly control your results.
In general, compared to the Fia t-based lottery site, such a encrypted lottery platform is unlikely to be abused or misused your credit card information. In particular, it causes less trust issues. Furthermore, since the operation was started in 2020, there has been no data leakage in the cryptal.
Customer support
No matter how wonderful the platform is, you will eventually encounter a problem or obstacle. Therefore, it is necessary to focus on participating only on lottery platforms with active customer support services.
Crypt Millions Lot has a customer support system worth a praise, claiming that it has up to 48 hours of response time. But before you reach out to them, you may want to see if your query has already been answered on the "Frequently Asked Questions" page.
The FAQ is on all pages on the cryptocryst millionslot website. There is a FAQ for all questions you need to start. FAQ is updated regularly. In the blog section, you can get up on your digital lottery on the platform and have a useful information to go.
If you do not justice your query, you will need to explore one of the available support options. You can find the live chat support on the screen as a blue icon with a "help?" Tag tag. Also, support@cryptomillionslotto. zendesk. com or info@cryptomillionslotto. com.
You can also use a telephone line (+44 207 117 2455) that promises prompt response. The last option that users can use freely is to contact the company by mail:
OFERTAS365 (CURAçao) N. V. PO BOX 6248 Kaya Richard J. BEAUJON Z/N CURAçAO
Wilminton Holdings PLC 7 Bell Yard London WC2A 2JR UK
These customer support options are enough to solve most problems. However, we highly appreciate the transparent posture of Millionslot in order to recognize that these options are not always sufficient. In some examples, lottery platform users have seen specific reasons to escalate complaints beyond the management of related platforms.
You can select a formal complaint to the regulatory agency where a lawsuit or platform is registered. In the case of Crypto Millions Lotto, the company advised users on the "complaint" page to submit an official complaint to any of the Curassau's Legal Legal Legal Organisms or the Curusaw Internet Gaming Association. These organizations may advise if they need to pursue legal measures.
Pros and Cons
Crypto Millions Lotto has good and bad aspects. Here, we show the advantages and disadvantages of using cryptocrylionslot.
The advantages are as follows:
- By using bitcoin as the only traditional means to be traded with the encrypted millionslot, you can use the platform easily and safely.
- It has a response customer service as good.
- The website is easy to navigate and is friendly.
- Your information will be protected and kept anonymously.
- Crypto Millions Lotto can make multiple entries.
- You will be paid on the same day you won the lottery and have multiple drawers.
- You do not pay taxes to victory.
- Crypto-Millions-Lotto has a global presence in more than 180 countries.
But the disadvantages are as follows:
- Speed may be a problem in countries where the uptime is slow and the ISP is not very fast.
- Winning is not guaranteed on any lottery site.
- Only one digital currency is accepted.
- Crypto Millions Lotto has a limited number of lotteries than online games, so games are limited, but this is increasing every week.
- No mobile application
Conclusion
Crypt Millions Lot claims to be the largest bitcoin lottery site and provides wonderful features suitable for excellent digital lottery sites. If you have a bitcoin, you will be freedom and flexible to participate in lottery, play e-games, and have the chance to win on a large stage.
Bitcoin is required to get started. The concept used in the regular online lottery is virtually the same for cryptal thornslot, but has better functions. Crypt Million's Lot is licensed by the Curassau government, licensed by the government and national governments, and acts in accordance with the International Treasure Law.
Crypt Millions Lot is safe and values your privacy. The fact that bitcoin is the only trading medium makes it easier for the company to process the payment quickly and safely.
Unlimited entry is another major feature provided by Millions Lot. You can enter as many entries as possible. You can also start a little like a Microbtc (0. 000001), and probably select the number that will be the result during the National Rotive Live lottery. Cryptu Million's Rot will be paid immediately, no matter how large the jackpot is. Your payment is private, anonymous, and is guaranteed by one of the world's leading prize compensation insurance companies.
Suppose you have a reason to file a complaint about the platform. In that case, you can use the Customer Support Media or contact the Curasso State Legal Legal Legal Affairs and/ or the Internet Gambling Association.
BLOCKONOMI edito r-i n-chief and founder of the UK online media KOOC Media. Open source software, blockchain technology, freedom and fai r-based believer of the Internet for everyone. Quoted in Nasdaq, Dow Jones, Invested Pedia, New Yorker, Forbes, Tech Crunch, etc. Contact Oliver@blockonomi. com
Crypto Millions Lotto Review: Shaping the Future of Online Lotteries Through Bitcoin
The COVID-19 pandemic brought many changes in existing industries, and some of the remarkable fields like lottery grew as a result. Before the pandemic, the traditional lottery industry was operated based on physical sales points, but it is now changing as officials have adopted digital ecosystem.
Even better, the emergence of cryptographic assets has revolutionized the industry and makes it easier to access worldwide. This article reviews Crypto Millions Lotto owned by Wilmington Holdings PLC, a British registration, one of the players integrated into Bitcoin in order to enable participation in the world's largest lottery.
Crypto Millions Lotto's conductor is the financial market veteran Sulim Malook. His experience dates back to the 1990s, he was an optional trader on the London International Financial Futures Exchange (LIFFE). This base led to the development of a BlackBerry stock market application that was later converted into a lot o-style game based on stock prices.
Eventually, Maruk sold a stock market application to companies in South America, niche online lottery. To be destined, the business demand in the growing lottery industry has made Malook a solution to facilitate the global participation. Crypt Millions Lotto was born in this process.
About Crypto Millions Lotto
Most of the conventional lotteries, which are mostly dependent on monetary banknotes and card purchases, Crypto Millions Lotto provides the opportunity to play the lottery through bitcoin. Basically, this initiative functions as a bitcoin lottery, and users can sell coins on a no n-conversion banknote if they purchase "chips" in the form of BTC and win the specific lottery.
Crypto Millions Lotto, approved by the Curacao government, functions as a facilitator or access point for eight international lotteries. These lotteries are available in 180 countries and are a major step from the conventional lottery industry restricted by jurisdiction. Ideally, Crypto Millions LotTo uses bitcoin to avoid hurdles beyond borders when accessing advantageous lotteries.
Toprot featuring Crypt Millions Lot includes Megasena (Brazil), Ozlot (Australia), Superenarot (Italy), 6Aus49 (Germany), Euromilions, UK National Lot, Lotto Max (Canada), Lotto 7 (Japan), etc. There is. Crypto Million Lotto users can buy BTC, play one of these lotteries, and have a chance to get $ 10 million to $ 250 million.
It is noteworthy that Crypt Millions Lotto functions only as a facilitator to lottery. The prize money is determined based on the official television broadcast by the lottery of each country. Users who have won the lottery can cash the "chips" of bitcoin through Crypto Millions Lotto and receive the prize money on the same day.
In addition to bitcoin lottery, Crypto Millions LotTo also offers online games and casinos, and users can play with microbitcoin unit (μBTC). Exciting games that users can play include Super Linos, Caribbean Poker, Blackjack, Bonnie & Cride, and 777HEIST.
Payments and Cashing Out
As mentioned above, Crypt Millions Lotto only supports Bitcoin. Users who have funded banknotes or cards need to convert them to encrypted lottery to play available lotteries. Once the registration is completed, Crypto Millions Lotto provides users a bitcoin address so that you can remit BTC from another wallet to the Crypto Millions Lotto account. It is also worth noting that the minimum deposit of this platform is BTC equivalent to $ 12. 50.
Crypto Millions Lotto has introduced a more effective method than the conventional one. This platform uses bitcoin to make it easier to pay the lottery winning on the same day instead of relying on legacy payment networks. This is one of the main cuttin g-edge functionality of the lottery focusing on this bitcoin. Users can transfer Bitcoin prize to other wallets or cash through encryption and other digital asset marketplace.
Signification to Crypto Millions Lotto does not require KYC, but users need to submit their identification certificate before cash out of 1 BTC or more.
Bonuses and Referral Programs
Like most of the lottery initiatives, Crypto Millions Lotto has a bonus and affiliate program to encourage recruitment. The first user on the platform is given six free entries to the playable lottery theater, and they are also eligible to win prizes before sedimentary BTCs. However, the prize money is higher for users who assign Bitcoin to lottery play.
Crypto Millions Lotto's affiliate programs can earn bitcoin by users referring to friends and colleagues. This program offers a link that can be shared to trigger fees based on players who register, deposit, and use the available lottery.
If the user registers in the Crypt Millions Lotto affiliate program, you can track your profits in real time. In this project, 15 % of commissions are set for the top line sales of the referral who purchased the ticket, and if the player wins, 5 % cashback is set. In addition, affiliates that players interact with other games can get up to 25 % to 35 % of net games.
Privacy and Security
Security and data privacy are one of the serious interests of market officials in the last decade. Crypt Millions Lotto uses blockchain technology to encrypt and protect payment details. Bitcoin addresses are published and accessible, but the platform does not clarify the user's personal information.
Crypto Millions Lotto uses three strategies to ensure security and data privacy, according to the breakdown of security. First, the platform server is based in Switzerland, which needs to comply with strict security standards. These servers have been certified by ISO/IEC and have been certified by Tier 3.
The second strategy is to store user bitcoin in cold storage, making it difficult for malicious actors to risk funding. Last but not least, Crypt Millions Lot guarantees all jackpots. In other words, users do not need to worry about the uncertainty that usually affects lottery payments.
The Future of the Lottery Industry is Digital
As the world becomes digital, most of the existing traditional industries integrate digital solutions in some way. The lottery industry has shifted from a physical store to an online website so that users can purchase tickets for participation in various lotteries. However, until the digital currency appeared, the global solution in the niche field of payment was still lacking.
Now that Bitcoin has appeared, it is clear that online lottery, like Crypto Millions Lotto, will open up the future of the industry. According to Sulim Malook, Crypto Millions Lotto, Bitcoin is a lack of a lottery industry global. Do not link the yellow part to the hyperlink, but the green part to the same article.
"Playing games across borders using credit cards and other traditional payment methods means complicated problems and complaints, such as whether to pay, whether to block, exchange rate and payment period. If you use Bitcoin for the digital lottery, you will not be bordered.
With the development of digital currencies and online lotteries, the writing on the wall points to the possibility of consolidation. Leading companies like Crypto Millions Lotto will unleash more solutions to revolutionize the lottery industry.
Crypto Millions Lotto CEO Sulim Malook on Where Lottery and Bitcoin Overlap
Believe it or not, the lottery is one of the oldest and most popular games in human history. The modern version of the lottery that most people know can be traced back to the 15th century.
However, given its humble beginnings, not much has been done to innovate the industry and bring it closer to 21st century standards.
While some state lotteries have gone digital, most lotteries remain offline, with consumers having to purchase paper tickets at local stores to participate.
Recognizing the need for change, Sulim Malook took matters into his own hands and founded Crypto Millions Lotto, which is now recognized as the largest digital lottery site in the world.
What are the benefits of the Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term lottery?
Unlike many crypto founders, Sulim Malook entered the industry with an already proven track record in financial markets and experience as a successful app developer.
Twenty years of trading options on government bond futures at the London International Financial Futures Exchange (LIFFE) gave him a knack for spotting opportunities. And according to Sulim, the lottery industry was a low-flying fruit ripe for disruption.
Leveraging that experience, his innovative idea for a lottery was an instant success.
Though the company was only founded in 2020, Crypto Millions Lotto has already given away huge prizes ranging from $10 million to over $200 million.
So what makes Sulim's lottery different from other lotteries? Well, the principle is pretty much the same, but Crypto Millions Lotto is the only lottery that uses Bitcoin as its currency.
Surprisingly, choosing Bitcoin as the primary currency has many advantages for both users and providers, addressing many long-standing issues that have plagued the industry for a long time.
In doing so, Sulim has made lotteries safer, more secure and more accessible to individuals around the world. With this in mind, let's look at the advantages that the Bitcoin lottery offers over traditional lotteries.
Transparency and security
In most countries, lottery is a big business. For example, in the UK, from April 2019 to March 2020, the stat e-owned lottery recorded more than £ 7. 9 billion.
In order for such a lottery to get such a wide range of appeals, it is necessary to establish one important aspect of trust between the provider and consumer.
With this in mind, Crypt Millions Lotto has three approaches in security strategies to ensure the safety of all participants.
First of all, the data safety is ensured by separating the lottery platform and the payment processor. All client data is stored in a completely elastic data center in Switzerland, which is certified by Tier 3 and meets all ISOs and IEC certification requirements.
Finally, Crypt. Millions Lotto will guarantee all jackpots with the world's largest and most widely used prize compensation insurance providers, and all prize money will be protected, and will be distributed to winners. Guarantee.
In terms of transparency, SULIM's crypto millions Lotto is not based on the number of tickets for the jackpot. Instead, all players can fully know the prize money in advance.
"We are not based on the number of tickets to increase the transparency of the prize money. All our prize money has been confirmed in advance, and our dividend cannot be controlled. We guarantee one of the world's leading priz e-compensation to give a full sense of security. , We guarantee that the winner will be paid. "
No more lost tickets
Every year, the billions of the lottery prize money has not been requested in the United States alone to lose the lottery.
This is tired just to imagine, but in some cases, I abandoned millions of dollars and could not be found again.
Crypt Millions Lotto does not worry about this because all tickets are recorded online. All entries are recorded online, so you won't lose your ticket or discard the prize money.
As soon as you win, the prize money will be paid to your account with bitcoin, so it is a more attractive service for players.
Because you can play from anywhere in the world, users can also limit the taxes to pay for the prize.
Anonymity
Crypt Millions Lotto does not need to clarify your identity or pass the KYC check in advance.
It is free to play immediately, without having to jump through excessive regulatory hoops. However, if a player wins a jackpot or makes a large withdrawal, KYC (photo ID and proof of address) is required.
This is because the company maintains compliance with global e-gaming licenses, and must follow strict anti-fraud procedures and insure all jackpots with the largest prize protection insurance provider.
As a result, as long as users are who they claim to be, live in the country they claim to be, and are over 18 years old, they can get all the winnings they are entitled to.
Overall, crypto lottery sites like Crypto Millions Lotto pose fewer trust issues than fiat-based lottery sites, especially since you don't have to worry about your credit card information being misused or misused.
Furthermore, there have been no reports of data leaks at Crypto Millions Lotto since its launch in 2020.
What does the future hold for Crypto Millions Lotto?
Thanks to the crypto industry's rising popularity, Sulim's Crypto Millions Lotto looks set to pose a real threat to some of the more established state lotteries that have dominated the industry for the past few decades while continuing to dominate the online lottery scene.
"There's a lot to be excited about. We recently added six new lotteries and plan to add more. We also plan to add more games and offer the ability to get Bitcoin with a credit card directly on our site. As our user base expands to more countries, we hope to offer Crypto Millions Lotto in multiple languages. We've also just launched an affiliate program, which we think will offer a more attractive proposition than other affiliate programs that already exist," Sulim said.
With the foresight to innovate lotteries in line with Bitcoin adoption and consumer demands, the future certainly looks bright for Sulim Malook and his exciting new crypto-based lottery.
Believe it or not, the lottery is one of the oldest and most popular games in human history. The modern version of the lottery that most people know can be traced back to the 15th century.
However, given its humble beginnings, not much has been done to innovate the industry and bring it closer to 21st century standards.
While some state lotteries have gone digital, most lotteries remain offline, with consumers having to purchase paper tickets at local stores to participate.
Recognizing the need for change, Sulim Malook took matters into his own hands and founded Crypto Millions Lotto, which is now recognized as the largest digital lottery site in the world.
What are the benefits of the Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term lottery?
Unlike many crypto founders, Sulim Malook entered the industry with an already proven track record in financial markets and experience as a successful app developer.
Twenty years of trading options on government bond futures at the London International Financial Futures Exchange (LIFFE) gave him a knack for spotting opportunities. And according to Sulim, the lottery industry was a low-flying fruit ripe for disruption.
Leveraging that experience, his innovative idea for a lottery was an instant success.
Though the company was only founded in 2020, Crypto Millions Lotto has already given away huge prizes ranging from $10 million to over $200 million.
So what makes Sulim's lottery different from other lotteries? Well, the principle is pretty much the same, but Crypto Millions Lotto is the only lottery that uses Bitcoin as its currency.
Surprisingly, choosing Bitcoin as the primary currency has many advantages for both users and providers, addressing many long-standing issues that have plagued the industry for a long time.
In doing so, Sulim has made lotteries safer, more secure and more accessible to individuals around the world. With this in mind, let's look at the advantages that the Bitcoin lottery offers over traditional lotteries.
Transparency and security
In most countries, lottery is a big business. For example, in the UK, from April 2019 to March 2020, the stat e-owned lottery recorded more than £ 7. 9 billion.
In order for such a lottery to get such a wide range of appeals, it is necessary to establish one important aspect of trust between the provider and consumer.
With this in mind, Crypt Millions Lotto has three approaches in security strategies to ensure the safety of all participants.
First of all, the data safety is ensured by separating the lottery platform and the payment processor. All client data is stored in a completely elastic data center in Switzerland, which is certified by Tier 3 and meets all ISOs and IEC certification requirements.
Finally, Crypt. Millions Lotto will guarantee all jackpots with the world's largest and most widely used prize compensation insurance providers, and all prize money will be protected, and will be distributed to winners. Guarantee.
In terms of transparency, SULIM's crypto millions Lotto is not based on the number of tickets for the jackpot. Instead, all players can fully know the prize money in advance.
"We are not based on the number of tickets to increase the transparency of the prize money. All our prize money has been confirmed in advance, and our dividend cannot be controlled. We guarantee one of the world's leading priz e-compensation to give a full sense of security. , We guarantee that the winner will be paid. "
No more lost tickets
Every year, the billions of the lottery prize money has not been requested in the United States alone to lose the lottery.
This is tired just to imagine, but in some cases, I abandoned millions of dollars and could not be found again.
Crypt Millions Lotto does not worry about this because all tickets are recorded online. All entries are recorded online, so you won't lose your ticket or discard the prize money.
As soon as you win, the prize money will be paid to your account with bitcoin, so it is a more attractive service for players.
Because you can play from anywhere in the world, users can also limit the taxes to pay for the prize.
Anonymity
Crypt Millions Lotto does not need to clarify your identity or pass the KYC check in advance.
It is free to play immediately, without having to jump through excessive regulatory hoops. However, if a player wins a jackpot or makes a large withdrawal, KYC (photo ID and proof of address) is required.
This is because the company maintains compliance with global e-gaming licenses, and must follow strict anti-fraud procedures and insure all jackpots with the largest prize protection insurance provider.
As a result, as long as users are who they claim to be, live in the country they claim to be, and are over 18 years old, they can get all the winnings they are entitled to.
Overall, crypto lottery sites like Crypto Millions Lotto pose fewer trust issues than fiat-based lottery sites, especially since you don't have to worry about your credit card information being misused or misused.
Furthermore, there have been no reports of data leaks at Crypto Millions Lotto since its launch in 2020.
What does the future hold for Crypto Millions Lotto?
Thanks to the crypto industry's rising popularity, Sulim's Crypto Millions Lotto looks set to pose a real threat to some of the more established state lotteries that have dominated the industry for the past few decades while continuing to dominate the online lottery scene.
"There's a lot to be excited about. We recently added six new lotteries and plan to add more. We also plan to add more games and offer the ability to get Bitcoin with a credit card directly on our site. As our user base expands to more countries, we hope to offer Crypto Millions Lotto in multiple languages. We've also just launched an affiliate program, which we think will offer a more attractive proposition than other affiliate programs that already exist," Sulim said.
With the foresight to innovate lotteries in line with Bitcoin adoption and consumer demands, the future certainly looks bright for Sulim Malook and his exciting new crypto-based lottery.
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