Altcoins Talks - Cryptocurrency Forum
Marketplace => Gambling & Crypto Casinos => Gambling discussion => Topic started by: Karl_BC on April 29, 2020, 01:32:27 PM
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Hi guys!
Are you still playing with bitcoins? Or have you switched to TRON or Ripple?
As we all know, every crypto has its own benefits but is it important for you to have a variety of different cryptos to play in casinos?
Karl
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~ Are you still playing with bitcoins? Or have you switched to TRON or Ripple?
I don't use either. If not Btc, I use Doge.
If those two are not available, I prefer to use Eth or Ltc over Trx or Xrp.
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I am pretty sure that every gambler will have their favorite coin to use in gambling. But, the most thing to consider may be the fee for transferring the crypto into the gambling site. Many people may feel hard to spend much money for transferring fees. that is why some coins like XLM, TRX, or XRP and Doge may be the favorite
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As far as I know, if we have more cryptos for options, it will lead us to be freer in choosing which crypto to deposit or withdraw. This will relate to the cost to spend for the transaction fee. We know that one of the problems may be on the fee and also the speed of the transaction.
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Hi guys!
Are you still playing with bitcoins? Or have you switched to TRON or Ripple?
As we all know, every crypto has its own benefits but is it important for you to have a variety of different cryptos to play in casinos?
Karl
It's a big disadvantage for a gambling site if they only allow Bitcoin, people are playing with the market condition in my mind, and the transaction fees as well, there are times where transactions could go as high as $10, if you are a small bettor that's already big, admin should have variety of coins especially those with cheap fees and in demand.
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It's a big disadvantage for a gambling site if they only allow Bitcoin, people are playing with the market condition in my mind, and the transaction fees as well, there are times where transactions could go as high as $10, if you are a small bettor that's already big, admin should have variety of coins especially those with cheap fees and in demand.
I agree. Bitcoin commonly will pay the high transaction fee and this will make the players feel hard to tarsnfer their funds for withdrawal. However, sometimes, new gambling sites only accept Bitcoin. But further, they are developing. If they only accept Bitcoin, well, how bad, Except that they also provide the lightning network.
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IMHO there is no what so ever difference between any and each crypto except the cost of transfer which is included in the transfer order on either side there could be some promos involved but in regard to value transfer any crypto is good the cheaper as a fundamental principle the better for now i am happy with nano
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Hi guys!
Are you still playing with bitcoins? Or have you switched to TRON or Ripple?
As we all know, every crypto has its own benefits but is it important for you to have a variety of different cryptos to play in casinos?
Karl
In today's crypto market there is not only bitcoin but altcoins as well and bitcoin transaction fees are high enough that having a choice of other coins/tokens on a gambling site would be a plus for the gambling site.
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Hi guys!
Are you still playing with bitcoins? Or have you switched to TRON or Ripple?
As we all know, every crypto has its own benefits but is it important for you to have a variety of different cryptos to play in casinos?
Karl
I haven't gambled yet, but I used to gamble with some bitcoins on a platform a few months ago, but now I don't. However, gambling platforms need to take advantage of all cryptocurrencies.
As a result. Everyone will get many benefits.
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The choices will depend on what platform we are using to play gambling.
Sometimes, we really want to use altcoins instead of Bitcoin to get lower fees. But sometimes, the platform only provides Bitcoin. BUt this is no problem. Bitcoin also sometimes offers lower fees by using the lightning network.
But not all platforms also provide this.
If there are some other choices, I will take altcoins with lower fees but faster transactions
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I use Usdt on the Tron network, some crypto is required to select transactions with lower withdrawal fees, however I don't see Polygon in the latest list, do any of you use the Matic network or the Matic coin?
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I use Usdt on the Tron network, some crypto is required to select transactions with lower withdrawal fees, however I don't see Polygon in the latest list, do any of you use the Matic network or the Matic coin?
It costs very little to transact with Tron network's currency and can be done quickly. However, I have not yet traded with Matic coin, but Matic coin can be traded with a low fee. However, gambling platforms have the advantage of Tron coin.
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I use Usdt on the Tron network, some crypto is required to select transactions with lower withdrawal fees, however I don't see Polygon in the latest list, do any of you use the Matic network or the Matic coin?
Yes of course, Tron network is a very good choice. And now many more exchanges also accept Tron network as one of their preferred networks.
And for Polygon, it is quite new, and I still don't find gambling sites that accept or provide Polygon network.
But, don't know if there are. Maybe polygon is still less popular than BSC, TrX, and others
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I use Usdt on the Tron network, some crypto is required to select transactions with lower withdrawal fees, however I don't see Polygon in the latest list, do any of you use the Matic network or the Matic coin?
Yes of course, Tron network is a very good choice. And now many more exchanges also accept Tron network as one of their preferred networks.
And for Polygon, it is quite new, and I still don't find gambling sites that accept or provide Polygon network.
But, don't know if there are. Maybe polygon is still less popular than BSC, TrX, and others
A gaming platform needs to have all kinds of crypto networks. However, it is better not to use Bitcoin and Ethereum networks because the fees are much higher. However, using BSC and TRON networks on gaming platforms is very convenient.
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When bitcoin transaction was high or lemme say when we were facing network congestion I have no option to switch to fiat and TRON this are the easiest way to use and place some bets.
But currently I can say the btc network is flowing very fine without any congestion, so I use bitcoin to gamble but not as always.
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For me it is much easier to use alts when betting because in some way it is easier to multiply them and they are seen much more, with bitcoin.
There are many who are pro bitcoin and I include myself among those people, because I love bitcoin and every time I can I defend it tooth and nail, that is why I say these things, the fact is that it is more comfortable to make withdrawals, less fee, and there are many players who see this part, it is actually the monetary part, because if you win 20usd, it is a low figure, but they want to withdraw, you do it, they take 1 dollar or less, but with Due to the past congestion of bitcoin, the fee was going to be more expensive than the withdrawal itself and it is not worth it.
I see it from the point of view of economics, some do not give it importance, I do because I know that the things that matter most in a casino are money, and that is something that the majority see, even if they are a person who They have a lot of money.
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Hi guys!
Are you still playing with bitcoins? Or have you switched to TRON or Ripple?
As we all know, every crypto has its own benefits but is it important for you to have a variety of different cryptos to play in casinos?
Karl
If it's for gambling transactions, I think I will choose altcoins with cheaper transfer fees but the coins are still worth it when traded on regular markets. It will also depend on the availability of altcoins on the platform and also the choice of network used. The point is that it is not far from the fee that must be paid for transactions. Like LTC, Doge, XRP, and also TRX.
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Hi guys!
Are you still playing with bitcoins? Or have you switched to TRON or Ripple?
As we all know, every crypto has its own benefits but is it important for you to have a variety of different cryptos to play in casinos?
Karl
Because bitcoin had this attitude of having too much fees same as ethereum this is the main reason why I instead tries using altcoins than Bitcoin and ethereum and also my way of diversification because we don't know how much those coins may climb while sitting in our gambling wallets, like Dogecoin that is one of my favorite and as well with XRP .
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One thing I see about the importance of multiple coin support is the fee itself and also the value. We all know that Bitcoin is expensive and fees are high so alternative cryptocurrencies will be an option in most gamblers because some alts offers cheaper fees and value I mean very affordable for average gamblers.
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I like to have more options to deposit and withdraw coins from casinos.
Bitcoin fees can be very high sometimes and than I like using stable coins like tether or other altcoins with lower transaction fees.
Good thing about Sportsbet is they dont charge any fees on withdrawing BTC so I dont have to worry about that.
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Hi guys!
Are you still playing with bitcoins? Or have you switched to TRON or Ripple?
As we all know, every crypto has its own benefits but is it important for you to have a variety of different cryptos to play in casinos?
Karl
I use a fixed budget for gambling I do not use any money outside the fixed budget for gambling. Even with a fixed budget, I gamble with unique currencies including Bitcoin. It is also very important to have a unique currency in a casino, including Bitcoin. If a casino has unique currency, there will be many benefits for people, not only benefits, they are already becoming benefits. Many participate in gambling considering transaction fees. Those who trade considering the transaction fees will not participate in betting with Bitcoin during these high transaction times, so they must participate with unique currencies such as XRP, DOGECOIN, TRON, etc. Each casino must have unique crypto currencies.
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I also admit it positively when casinos have variety of crypto for deposit. But the number of cryptos should also be limited to 10 or 15. For it does not look good when casino is like a junkyard that accepts everything. As the variety of crypto - it makes gambler to be more flexible. Sometimes people deposit in altcoins not because it is cheap transaction, but because they have some of them left on exchange or wallet, and it is better to gamble with them, then they would hold them. For example after some transactions I have $3 left in Matic. That isnt a fortune. Matic price will never go so high to turn those $3 worth into something more significant. So I would rather test my luck with them in gambling, then holding them forever.