EBX

Everi's EBX product, powered by BitLine, offers customers the ability to create a collateral guarantee by transferring eligible assets into a BitLine custody account. With registration, onboarding, and approval typically taking less than 20 minutes, customers can quickly and easily create a collateral guarantee to cover outstanding balances owed to the casino and associated guarantee fees.
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EBX powered by BitLine is a valuable solution for customers who want to create a collateral guarantee for outstanding balances owed to the casino (like a credit line), while also ensuring the security and privacy of sensitive data. It is a fast, efficient, and secure way to handle cryptocurrency assets, without the need for casino operators to handle
them directly.
This innovative solution allows customers to transfer eligible assets into a BitLine custody account, which can be used to cover outstanding balances owed to the casino. BitLine provides a liquidation service to cover the outstanding balances or a "Buy back the Guarantee" service to pay off the guarantee using fiat currency or other assets. This helps to improve the efficiency and security of payment transactions, making it a valuable addition to any casino's payment solutions.