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WINEM

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News

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Payward, the parent company of Kraken, plans to acquire Lithuania-based Saldo Bank to enhance its banking capabilities and integrate banking products with crypto services.
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Maria Fernandez

Germany's Sparkassen Group Begins Cryptocurrency Trading Rollout

Germany's Sparkassen savings bank group is starting a phased rollout of cryptocurrency trading within its existing banking app, beginning on October 19, 2023.
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Gustavo Mendoza

CME Group to Launch Bitcoin Cash and Uniswap Futures on October 19

CME Group has scheduled the introduction of Bitcoin Cash and Uniswap futures for October 19, providing institutional traders with more cryptocurrency markets.
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Rajesh Kumar

What is WINEM?

Winem — a customizable sports decentralized exchange (SDEX) on the market. Smart assets secure all transactions by using blockchain technology. In Winem.io, anyone with a Web3 wallet can connect to the system. You can be a banker or a gambler (or both).

Contents:

WINEM: bet on sports on BNB Chain

Sports platform WINEM

If you choose Banker, you can create your own bookmaker by setting the odds for each event you choose or even covering bets, offered by any player. If you choose to become a player instead, you can choose from a variety of odds for each event, and if you don't like the odds, you can offer your own to be covered by any banker.

Distinctive features:

1. Choose from hundreds of odds.
2. Manage your rates.
3. Get paid directly to your wallet.

To use Winem.io, you first need to create a Web3 wallet. It is better to use MetaMask for this platform. Next, you will need a few BNB BEP20 tokens to continue working on the platform.

To create a bookmaker, select the sport, region and event where you want to add odds. In some sports, such as football, the offered odds may be highlighted in light grey. Fill in the fields with your odds and click the "Add" button. At the top of the screen, your bet slip will display the selected event and the odds you are placing. Once the transaction is confirmed, you are all set. You can verify your transaction by using the "Explorer" button.

The Winem smart asset keeps track of the exact amount that can be wagered, depending on the conditions under which the pool is created.WINEM

Every time someone bets on this pool, the available amount is updated to ensure that payouts are always possible.

More about the project

Winem assets work automatically and directly with users' wallets. At the end of the event, the winner is announced. If you win, the assets will be paid to you automatically. It usually takes a couple of minutes while the winner is announced and all transactions are confirmed. There is a small commission of 2% on each winning pool. Also, take into account that there is a small gas fee for each transaction that needs to be deposited into the BSC network.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.