{"id":8638,"date":"2023-06-14T09:34:37","date_gmt":"2023-06-14T09:34:37","guid":{"rendered":"https:\/\/www.bitnovo.com\/blog\/?p=8638"},"modified":"2025-09-10T15:27:36","modified_gmt":"2025-09-10T15:27:36","slug":"how-to-win-lottery-cryptocurrencies","status":"publish","type":"post","link":"https:\/\/www.bitnovo.com\/blog\/en\/how-to-win-lottery-cryptocurrencies","title":{"rendered":"Discover how to win the lottery with cryptocurrencies"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Alternar tabla de contenidos\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/how-to-win-lottery-cryptocurrencies\/#pooltogether_lottery_how_it_works\" >PoolTogether lottery: how it works<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/how-to-win-lottery-cryptocurrencies\/#how_to_play_the_lottery_of_pooltogether\" >How to play the lottery of PoolTogether<\/a><\/li><\/ul><\/nav><\/div>\n<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Tiempo de lectura:<\/span> <span class=\"rt-time\"> 3<\/span> <span class=\"rt-label rt-postfix\">minutos<\/span><\/span><p>You decide to bet on the lottery, trusting that fortune will smile on you some day. Day after day, week after week or year after year,\u00a0<b>you bet on lottery games and always with the same result<\/b>. Fortunately<b>\u00a0there are alternatives in which the options are to win-win<\/b>: the crypto \u201cno-loss\u201d lottery is obtaining more and more followers. Find out more about this curious<b>\u00a0blockchain lottery<\/b>\u00a0here.<\/p>\n<p>PoolTogether is the company behind this project that makes saving money as fun as a game.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"pooltogether_lottery_how_it_works\"><\/span>PoolTogether lottery: how it works<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><b>It was founded in 2019 with the aim of creating a lottery game system where it was impossible to lose.<\/b>\u00a0And it seems it has achieved it. All\u00a0<b>thanks to the use of DAI, the stablecoin created by MakerDAO<\/b>\u00a0(a decentralized organization born with the objective of offering stability within the world of crypto-economy), and USDC.<\/p>\n<p>We already noticed it when we made the\u00a0blockchain predictions for 2020, the stablecoins are stomping!<\/p>\n<p>The\u00a0<b>PoolTogether DeFi application, based on the Ethereum network<\/b>, raised $ 1 million in a financing round for its \u201clossless lottery project\u201d which, according to their official website, \u201cdoes not make money.\u201d<\/p>\n<p><b>This crypto-lottery works thanks to the interests generated by the ensemble of lottery tickets buyed with stablecoins<\/b>. That\u2019s where the money earned by the winner comes from.<\/p>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div id=\"image_225529242\" class=\"img has-hover x md-x lg-x y md-y lg-y\">\n<div class=\"img-inner dark\"><img fetchpriority=\"high\" decoding=\"async\" class=\"attachment-large size-large ls-is-cached lazyloaded\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/02\/Lottery-crypto-DAI-money.jpg\" sizes=\"(max-width: 480px) 100vw, 480px\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/02\/Lottery-crypto-DAI-money.jpg 480w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/02\/Lottery-crypto-DAI-money-300x225.jpg 300w\" alt=\"Lottery crypto DAI money Bitnovo\" width=\"480\" height=\"360\" data-srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/02\/Lottery-crypto-DAI-money.jpg 480w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/02\/Lottery-crypto-DAI-money-300x225.jpg 300w\" data-src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2021\/02\/Lottery-crypto-DAI-money.jpg\" data-sizes=\"(max-width: 480px) 100vw, 480px\" \/><\/div>\n<\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<h2><span class=\"ez-toc-section\" id=\"how_to_play_the_lottery_of_pooltogether\"><\/span>How to play the lottery of PoolTogether<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>To play the PoolTogether lottery you need 3 things:<\/p>\n<ul>\n<li><b>DAI.<\/b>\u00a0It is the cryptocurrency\u00a0<b>you need to \u201cbet\u201d on the game<\/b>.<\/li>\n<li><b>ETH.\u00a0<\/b>In addition to DAI you also need to have some<b>\u00a0ETH in order to pay the transaction fees generated from the use of the Ethereum network\u00a0<\/b>on which the project is based. This fee is paid as a \u201ccost per network use\u201d and is not intended for PoolTogether.<\/li>\n<\/ul>\n<p>Remember that from\u00a0<a href=\"https:\/\/www.bitnovo.com\/\">Bitnovo<\/a>\u00a0you can\u00a0<a href=\"https:\/\/www.bitnovo.com\/buy-dai-online-en\">buy DAI online<\/a>\u00a0and also\u00a0<a href=\"https:\/\/www.bitnovo.com\/en\/buy\/ethereum\/\">buy ETH online<\/a>\u00a0quickly, safely and conveniently. After these two prerequisites you will only need one wallet to start playing the PoolTogether lottery.<\/p>\n<ul>\n<li><b>Cryptocurrency wallet\u00a0<\/b>to interact with the PoolTogether app.\u00a0There are many cryptocurrency wallets, from mobile apps to browser plugins, etc. Find out\u00a0<a href=\"https:\/\/www.bitnovo.com\/blog\/en\/\">the safest wallets to store your cryptocurrencies<\/a>.<\/li>\n<\/ul>\n<p>After that, with all this ready, you can participate in the game.<\/p>\n<p>Firstly you just have to access the PoolTogether homepage and click on the \u201cJoin The Pool\u201d button. Next you will be asked to link the PoolTogether app with your wallet and that\u2019s it. Now you can<b>\u00a0buy lottery tickets<\/b>\u00a0using the DAI.\u00a0<b>1 ticket = 1 DAI and 1 DAI = 1 $.<\/b><\/p>\n<div class=\"is-divider divider clearfix\"><\/div>\n<div id=\"image_994482293\" class=\"img has-hover x md-x lg-x y md-y lg-y\">\n<div class=\"img-inner dark\"><img decoding=\"async\" class=\"attachment-large size-large lazyloaded\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/02\/Pool-Together-loteria-ganar-1024x350.jpg\" sizes=\"(max-width: 1020px) 100vw, 1020px\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/02\/Pool-Together-loteria-ganar-1024x350.jpg 1024w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/02\/Pool-Together-loteria-ganar-300x103.jpg 300w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/02\/Pool-Together-loteria-ganar-768x263.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/02\/Pool-Together-loteria-ganar-1536x525.jpg 1536w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/02\/Pool-Together-loteria-ganar.jpg 1568w\" alt=\"Cripto loter\u00eda PoolTogether\" width=\"1020\" height=\"349\" data-srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/02\/Pool-Together-loteria-ganar-1024x350.jpg 1024w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/02\/Pool-Together-loteria-ganar-300x103.jpg 300w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/02\/Pool-Together-loteria-ganar-768x263.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/02\/Pool-Together-loteria-ganar-1536x525.jpg 1536w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/02\/Pool-Together-loteria-ganar.jpg 1568w\" data-src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2020\/02\/Pool-Together-loteria-ganar-1024x350.jpg\" data-sizes=\"(max-width: 1020px) 100vw, 1020px\" \/><\/div>\n<\/div>\n<div class=\"is-divider divider clearfix\"><\/div>\n<p><b>Each ticket represents an opportunity to win the DAI jackpot,<\/b>\u00a0so your chances of winning will increase as you buy more lottery tickets. And also, there is one option to automatically buy as many tickets as possible with the DAI tokens stored in your wallet.<\/p>\n<p>Thus,<b>\u00a0the funds raised from the purchase of tickets (with stablecoins) generate interest that is finally granted to a single winner, every Friday.<\/b><\/p>\n<p><b>The rest of the participants<\/b>\u00a0also don\u2019t lose because\u00a0<b>they receive their bet funds back.<\/b><\/p>\n<p>That is to say it is a win-win game, a crypto-lottery in which you never lose your bet funds.<b>\u00a0If you don\u2019t win \u2026 you keep all your money!<\/b><\/p>\n<p><b>When the time comes, you can convert your DAI tokens into fiat currency through the Bitnovo platform<\/b>. It is as simple as selecting the option to\u00a0<a href=\"https:\/\/www.bitnovo.com\/sell-cryptocurrencies-sepa-bank-account-en\">sell cryptocurrencies<\/a>, choose the amount and\u00a0<b>receive your DAI converted to euros in your bank account.<\/b><\/p>\n<p>Or<b>\u00a0if you prefer to escape from banks<\/b>\u00a0and their conditions, you can also\u00a0<b>request a prepaid reloadable card with cryptocurrencies<\/b>, such as\u00a0<a href=\"https:\/\/www.bitsacard.com\/en\">Bitsa Card<\/a>. In this way, with the DAI tokens of your wallet you can top-up this prepaid card that is not linked with any bank account, is controlled from the app and allows you to make all kinds of transactions, both in physical stores and online.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Tiempo de lectura:<\/span> <span class=\"rt-time\"> 3<\/span> <span class=\"rt-label rt-postfix\">minutos<\/span><\/span>You decide to bet on the lottery, trusting that fortune will smile on you some day. Day after day, week after week or year after year,\u00a0you bet on lottery games and always with the same result. Fortunately\u00a0there are alternatives in which the options are to win-win: the crypto \u201cno-loss\u201d lottery is obtaining more and more [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":8639,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[185],"tags":[],"class_list":["post-8638","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-en"],"_links":{"self":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/8638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/comments?post=8638"}],"version-history":[{"count":2,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/8638\/revisions"}],"predecessor-version":[{"id":24808,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/8638\/revisions\/24808"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/media\/8639"}],"wp:attachment":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/media?parent=8638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/categories?post=8638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/tags?post=8638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}