FunFair (FUN): Where and how to buy, sell and trade | finder.com
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Where to buy, sell and trade FunFair (FUN) in the US

What is FunFair, how does it work and where to buy, sell and trade it?

At its heart, FunFair is an online casino offering traditional games like blackjack, roulette, poker and others. The FUN token is the currency used to participate and bet in this casino.

But with its unique approach to gaming, FunFair is very different from any other online casino.

Note: FunFair (FUN) should not be confused with the similarly-named FunCoin (FUNC).

This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

Where to buy, sell and trade FUN in the US

Name Product Payment Methods Available Fiat Currencies Available Cryptocurrencies
Cryptocurrency
BTC, XRP, USDT, ETH, NEB, XVG, TRX, NEBL, ETH, NEO, FUN, ETC, BCC, POE, DASH, ELF, ICX, BNB, ZRX, APPC & 80+ more
Trade 60+ cryptocurrency pairs on this up-and-coming exchange based in China. Multi-language support.
Cash, BPAY, POLi, Cryptocurrency
AUD
BTC, BCH, ETH, XRP, ADA, XEM, LTC, XLM, MIOTA, TRX, DASH, NEO, XMR, EOS, QTUM, BTG, LSK, ETC, XVG & over 45+ more
CoinSpot is an Australian marketplace that allows you to easily buy, sell or exchange multiple cryptocurrencies using AUD.
Credit card, Debit card
USD, EUR
BTC, BCH, BTG, ETH, ETC, DASH, DOGE, NEO, OMG, PIVX, SALT, STEEM, USDT, XLM & 50+ more
Access competitive crypto-to-crypto exchange rates for more than 35 cryptocurrencies on this global exchange.

Compare up to 4 providers

What wallet do I need to hold FUN?

FunFair (FUN) is an ERC20 token. This means it should be compatible with any wallet that can hold Ethereum.

Popular options include the multi-currency Jaxx, Coinomi or Exodus wallets, or any of the leading hardware wallets.

How does FunFair work?

On paper, FunFair is only an online casino. In reality, this might be all it needs to be. Online casino-style gaming is a multi-billion-dollar industry and there’s no shortage of demand for it.

FunFair aims to use blockchain technology to offer the single best online casino ever created by using Ethereum smart contracts to specifically address the problems with existing platforms.

  • Provably fair. Transparent Ethereum smart contracts let players see the exact odds and play with 100% confidence in the fairness of each game.
  • Extremely fast. FunFair aims to provide user verification almost instantly with third-party providers, letting anyone start gaming anywhere almost immediately.
  • Operator-friendly. FunFair is designed to let game operators set up their own casinos or individual games on the platform quickly and easily.
  • Cost-effective. By using its own FUN token on the blockchain, FunFair lets users win “real money” and have it transferred quickly, with negligible transaction fees, to specifically facilitate low-cost betting. These low-cost bets make up the bulk of online gambling.
  • Secure. The transparency of the platform eliminates the chance of operator misconduct, scams, unfair odds and the like.
  • Device agnostic. It can be used equally well on desktop computers or any kind of smartphone.
  • Doesn’t have to take fiat currency. By letting users win a token of value (FUN) without handling fiat currency, such as USD, users can enjoy safer gaming without getting their bank details involved, while operators can avoid some of the legislative problems associated with online casinos.

About the FUN token

The FUN token is the native currency for everything FunFair. Every game on the FunFair platform can only be played with the FUN token, and all fees, revenue and everything else on the platform will be conducted directly with the FUN token.

A total of 1 billion FUN tokens were created and distributed in an ICO, and no more will ever be created.

For the first two years of operation, small amounts of FUN will be destroyed when charged as transaction fees. This will build some deflation into the system to add more value to the tokens for use as gambling chips.

It’s a divisible token, so the price increase of FUN will not affect the ability of users to make small bets, or for operators to buy in at a low cost.

The token is used by players to make wagers and purchase in-game credits such as roulette spins, poker chips or blackjack hands. It’s also used by operators and other involved parties to finance their casinos, pay affiliates and do everything else.

Essentially it’s the one and only currency to be used by everyone who uses FunFair in any way.

How to sell or trade FUN

  1. Go to the exchange platform you hold FUN on. If you have your FUN in a digital wallet, then you can choose whichever compatible platform from the ones listed above to complete your transaction.
  2. Using the platform, follow the instructions to buy or sell your FUN.

FunFair price prediction: Should I buy?

The online gambling market is enormous and still growing rapidly, and the blockchain is no stranger to casinos either. For years now, people have been gambling with Ethereum smart contracts, and plenty of online casinos were also quick to start using bitcoin as their currency of choice.

It’s safe to say that the demand is there and that FunFair’s plans might have it capturing a fair portion of the market.

Essentially, if all goes according to plan, then an increasingly large portion of online casinos will be licensed through the FunFair platform and it might one day become the gold standard of the entire industry.

FUN tokens are an essential part of everything FunFair, so if it does, their value could multiply quickly, especially without any inflation and a 1 billion token cap.

FunFair also has plans to facilitate rapid growth.

  • Affiliate programs – It’s designed to be very shareable, with easy integration of affiliate programs and social buttons. For example, users might be able to instantly invite friends to play a game, from inside the game itself, and receive FUN tokens for doing so. Or an operator might set up an ongoing profit sharing game with the more social players.
  • “Two-click” launching for operators – Operators license the FunFair platform (paying the fees in FUN tokens) and can launch a new game or casino in “two clicks” once they have it ready.
  • Quick verification – FunFair plans to use third-party providers to offer instant on-the-go verification for players, letting anyone get involved immediately without extensive sign-ups.

According to the FunFair whitepaper, the online or interactive gambling industry was worth about $40 billion in 2015, up 50% since 2010. This is the exact area that FunFair is targeting, and its functionality suggests that it might quickly succeed.

If things go well for it, the value of FUN could multiply over the coming years.

However, things might not go well. Future competition has the potential to derail it, while new legislation could also put a crimp in its plans. One of the advantages it currently has is that cryptocurrency is largely beyond the scope of existing regulations, so crackdowns on cryptocurrency or gambling alike might hurt its value.

It also remains to be seen how widely traded the FUN token will be in a fully operational FunFair ecosystem, and whether the bulk of users will be happy to start using cryptocurrency for their gambling.

FunFair could attract the lion’s share of the lucrative online gambling market, but further developments of the platform itself, as well as cryptocurrency as a whole, are needed before it does.

FunFair has a lot of potential on paper, but nothing is certain.

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