29 Nov

XVG Betting Market – Verge Review

Verge Backstory and Anonymous Crypto Gambling with XVG Casinos

Verge Backstory and Anonymous Crypto Gambling with XVG CasinosVerge (XVG) is an open-source crypto currency that offers the ability to transact in a decentralized  environment, meaning it’s not monitored by any central government. However, it’s not entirely decentralized, either. XVG is what insiders like to call a “semi-centralized” crypto. It’s still safe, secure, and largely anonymous, allowing for faster, cheaper transactions, but it’s also developed more for everyday use than some of their bigger crypto rivals, like Bitcoin and Ripple.

Verge Crypto Review

XVG is not nearly so volatile as many other altcoins, yet it’s proved to be a steady growth investment. This makes it a perfect medium for low-risk investors, as well as iGamers looking to convert their cash into anonymous betting coins. See the time-stamp values below to track its growth rate over time, then scroll down to learn more about the history of XVG, where to buy it, and which crypto casinos offer XVG betting.

XVG Launch Date
October 24, 2014
Value at Launch
$0.00000701
Jan 1, 2020
$0.00358048
Dec 1, 2020
$0.007101
Nov 29, 2022
$0.002506
Note: All price values are listed in US$.

History of Verge Cryptocurrency

Verge (XVG) doesn’t have the shiniest reputation in the crypto market, not because of any wrong doing on the creator’s part, but because it was never intended to be used for honorable or virtuous purposes. Its white paper was released under the title “Blackpaper”. It was originally launched as DogeCoinDark, then rebranded to Verge Currency in 2016. Then in 2018, Verge partnered up with an adult entertainment company. In April and May of that same year, XVG was the victim of 51% mining attacks. Its anonymity has come under fire as well, claiming to provide a fully transparent ledger, while using obfuscation and Tor to mask IP addresses that hide each user’s geolocation data. Long story short, you can gamble online with Verge altcoins, but there are better, more reputable options out there.

Where to Buy & Store XVG Coins

XVG Verge Altcoin CryptoXVG can be purchased on most major crypto exchanges – Coinbase, Binance, etc. In most cases, you can purchase directly with fiat currency, although the commission rates may be higher for doing so. Be sure to shop around for the best deals, especially if you’re buying in low- to mid-volume. As for storage, Verge is an Ethereum-based ERC-20 token, so it can be stored in any Ether-compatible wallet.

XVG Online Casinos

Verge is a high-profile digital currency, but not necessarily a great choice for online gamblers due to its consistent association with with the black market, plus a lot of negative press. It’s availability as a payment method at crypto casinos is also limited. If you wish to use Verge, we’ve personally researched and accessed a plethora of crypto online gambling sites, and can recommend the following XVG online casinos:

Author

  • Adalene Lucas

    is our jack of all trades here at DBC. She is a skilled coder, gambler, writer and webmaster. She lives in Manitoba where she enjoys the lush landscapes and camping near Tulabi Falls. Nature gives her inspiration to write. When she's not immersed in nature, her favorite words are "game theory". She lives with her husband and their two Labradors, Kophy and Whisper.

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