Bitcoin Forum

With fees so high, I'm wondering if big gamblers are switching from BTC/ETH to other options. Is there any data on what's being used? With limited options, what coins should a new platform consider supporting?

Edit: thanks for all the responses!

I think it's more on the smaller gamblers that are forced to make the switch since their bankroll takes a huge hit on the fees that's required by the casinos.

If bitcoin casinos plan to accept altcoins then the safest play is to probably go with one of the top alts like ETH, LTC, XRP, etc since most exchanges accept these coins.

Imo casinos should put an option for batched transaction rather than accepting altcoins since there's still a lot of gamblers that prefer to use bitcoin.

Dogecoin has always been a popular choice and so has litecoin. Almost every casino that supports altcoins supports these two currencies. There are some coins with higher market caps but they are primarily used for smart contracts so not very many people use them for gambling. Doge and LTC's main purpose has been to avoid high fees. Doge is also very popular right now so you might as well take advantage of that since people will be looking for places where it is an accepted currency.

You can add TRX, Doge, EOS, Waves, XEM and XRP for the coin, which has a low transaction fee. But you can still use bitcoin, ethereum, litecoin, as many gamblers will still use those coins. Besides the coins with high transaction fees, you have the other altcoins, which can be convenient to most gamblers who want to avoid the high fee.

Doge and Tron are having cheaper transaction fee and already most of the casinos are having these coins into their accepted payment coins. But there are some bitcoin only casinos are also available which may not accept any altcoins and they are still doing good with Bitcoin itself.

Many gamblers chooses to stay with bitcoin gambling as their gambling investments because they find it more sustainable rather than altcoins. In most cases, altcoins invested with gambling tend to lost along the way and couldn't sustain longer. Always prefer choosing the stable cryptocurrency which potentially bring your asset to a secure future, even though gambling has no assurance but if you're lucky enough to win I think you'll be able to reach the goals that you ever dreamed of.

DOGE and XRP are coins that have relatively low transaction fees compared to others. Some gambling sites accept these, but some only accept BTC/ETH, and users are forced to bear with the fees (though you just gotta time it really during when the network isn't that congested). Still, it isn't like all users are forced, some users just like using BTC/ETH and just can't be assed to trade it before sending it to casinos, so they just use it as it is.

Long story short, people aren't exactly leaving the usage of BTC/ETH in casinos, but there are better alternatives if you're looking for low transaction fees.

Some cryptocurrencies with low tx fees have been answer above my post, which have not been mentioned and have also gambling site started to use it as their payment option is BNB, BNB tx fees are quite cheap.

You are referring to big gamblers while this high transaction fee means nothing to them while for small gamblers, it’s ruining. I would be fine playing with LTC, or USDT (TRC20) as fee for both are pretty low. And you know LTC is a big hand for the people using crypto for small payment.

It depends most rich people don't consider what they have to pay just to save money for the fees. I guess most small gamblers do this, I personally switch to XRP when I gamble even before the price hiked to its peak. I also don't use BTC or ETH when gambling not just to save fees, I prefer keeping them than to gamble with it.

when you are on the platform and have deposited to it anyway, you don't have to pay transaction fees to bet, the only worries will be withdrawing the BTC or ETH.
the one that i use often is the TRON for cheap fees. EOS has a good way of doing things because the transactions are free as long as you keep some for the CPU and RAM for your wallet. someone suggested EOS before and upon closer look by using tokenpocket, a user will have access to gambling dapps and he can bet without having to pay fees.

Yes, the transaction fees can be a deciding factor for many to switch to a Alt coins... like Doge and XRP and TRX and also LTC. I see a lot of guys complaining about long waiting times for confirmations of their deposits at some casinos and I think that is a bigger problem than the size of the transaction fees. (People do not want to wait 2 to 3 hours ...or even 10 minutes for deposits to be confirmed)

There should be some link to a "How to guide" on the site, to help newbies to Alt coins to do this in a safe manner, because there are lots of scam wallets out there.  ::)

When you send the money from the exchanges or the other wallet and use bitcoin and ethereum, the fee will be high compared with the bitcoin and ethereum price. So if you want to use the altcoin, which has low fees, you can send a big amount of that altcoin without paying the high fees. I think TRON is good enough for us to use it for gamble because of the low fees and the withdrawal fee, so I think @OP can consider adding TRON as an alternative coin to gamble.

I personally prefer Litecoin from the major cryptos but I know there are a lot of altcoins which have really cheap fees.It depends what you should implement in your site based on what your users use more,so far many gamblers prefer the top 10 major cryptos for playing so you cannot go wrong if you choose the coin with less fees from this list.

I don't know if we have the data now, but I would agree that many gamblers, from average joes to whales are shifting to other coins. And the good thing is that many top casino's right now are offering a lot of options. I would say: Tron, LTC, some other stable coins, BNB, Doge or Dash.

Might has some learning curves though for some gamblers, but it's worth if they learn how to obtain those crypto's for their gaming pleasure.

XRP have been mentioned a few times already but I wouldn't suggest that for now. You can add them later on once they won the case filed by the SEC against them.

You also need to add a stable coins but avoid those issued on Ethereum. USDT (TRC-20) as mentioned by @Little Mouse and/or BUSD (BEP-20) are cheap on transaction fees.

Maybe a Doge, Ripple and Litecoin will do the job, I don't gamble so I don't know which one is good and the coins that I suggested are some of the coins that I have heard in the forum used by some gamblers but I don't think that any coins with high transaction fee like Bitcoin or Ethereum is a good coin for gambling, not to mention that their prices are high.

So can the gambling industry platform add to the bsc / Bep20 network it looks very attractive if a platform implements a system like this, it is much cheaper and faster in the transactions they use in depositing / withdrawing.

We know now that there are many options that the platform has provided at a very low cost, they will still leave the erc20 network because it is still expensive, with a few coins added it will be a solution and the cost will not cost $1.

Yes. If a casino can add erc-20 tokens to their platform, I don't see any difficulty adding BEP-20 because they are almost identical.

You can check Betfury's BNB, it's the BEP-20 version and not BEP2.

big gamblers love to use btc and eth and theres no way the fees can scare them to switch on other cryptos because big gamblers only trust the original  but it was the small gambler that are switching into smaller fees coin to continue enjoying playing a gambling  .
 . and what limited option ? we have lots of cryptos but if the casino limits you from chosing another coin ,
you can switch on different casino that supports wide range of coins .

Doge is accepted on the platform that I use, so it's a no-brainer to use dogecoin on my gambling. It's fast, efficient, and the fees are still reasonably priced even though it is getting hyped and pumped to death by a lot of traders right now. I used to use XRP as well on some platforms though I have avoided using it ever since the lawsuit and those controversies arose on the said coin. DASH is pretty good to on the current state of things, though it isn't as widely accepted as ETH or Doge, I believe.

I'm not that kind of a big gambler but I still prefer Ethereum.
What you should be avoiding is the amount of withdrawal. With that kind of perspective, you won't have to think about the fees.
Just gamble all the way.

In terms of options, I think XRP would be the option if they want to add another coin to their list.
Low fees and fast transactions. But not that many sites have that perks.

TRX(TRC20), USDT(TRC20) and maybe Litecoin(slower than the other ones but it costs around 0.2$ for transaction fees) are the better choices and many casino website accept them as payment now.

I'm guessing these huge transaction fees for both Bitcoin and Ethereum is hurting those casino websites with no support for other coins with cheaper fees, so they should step it up and add more coins to their accepted payment methods to not lose customers to other casino websites that have more payment options, specially in such a competitive market as of now.

Nahhh, Ethereum fee cost around 20$ right so it's a significant amount already even though for an average gambler. There's no way I will pay that much fee for just gambling considering my gambling capital size. I already loss the moment I transfer my money out there.

XRP is a very bad alternative due to the volatility of the coin value. A stablecoin like TRC20 USDT is the best alternative.

If transaction fee are an issue, then I think LTC, DOGE, USDT and TRX are the best solution for new gambling site to adopt. Bitcoin and Ethereum remain the top choice and other altcoin are more practical to bring a lot of traffic to the site from low-income gambler.

I also like that gamblers have the option to withdraw their money to low fee altcoin even if their balance on the site is in bitcoin or ethereum. This will save a small amount of transaction fee for small withdrawal.

Considering transaction fee on gambling sites especially bitcoin and ethereum, I don't see any big issue especially for high rollers as it won't affect much on them but for small time degenerate gambler such as myself, I consider it as a hassle when withdraw and depositing unto the platform. Especially on withdrawal as there are little to no choice for the user to change the fee on their withdrawal which is also the reason why gambling site increases their withdrawal amount.

TRX, XRP, WAX and many more crypto should be considered when coming up with a new gambling platform as transaction fee and traffic on this crypto aren't as much as compared to major crypto such as Bitcoin and Ethereum.

A new and upcoming gambling platform with a 90's setup and will be implemented on TRX or WAX blockchain where every users will have fully control on their wallet while gambling as the platform is a non custodial. Bitfresh will surely be a great gambling soon once it has fully launched.

Which is difficult to find right now.
If there is a vote, I bet stablecoins will be the winner in this.
No volatility, the movements won't even scare them a bit. It's just like using USD in a digital way.

But there are gamblers who prefer the old ways or they just want to earn more Bitcoin the faster way.
The volatility is what they are aiming for instead of escaping it.

Based from my experience, whenever transaction fees in the market are surging, I switch to altcoins (specifically Dogecoin and XRP) for betting.

To be honest, you also have to understand that the more the price of bitcoin increases, the transaction fees also increase as this might also affect the price of altcoins. In addition, I also feel like that betting using your cryptocurrencies can be a waste due to their value also increasing. That is why, even if the transaction fees are low when you bet using bitcoin, I highly advise against such.

Roobet just started to accept litecoin a few times ago, since their main currency BTC and ETH takes expensive transaction fees.
meanwhile, Betnomi has more cryptocurrency options. also, I saw their native token BNI as one of the options now.

IMO, stablecoin is a must. despite the negative narratives about stablecoin, people still use it. it's become the main pair on every exchange.
I believe every trader or cryptocurrency holder has stablecoin too. with stablecoin, the coverage of those casinos can be wider. because people can easily send it from the exchange.
of course, those casinos need to support TRC20 and BEP20 too.

I bet for fun, fees make it not fun. when there's no fun, why gamble then?

XRP, Doge, LTC, TRX.

These are the few altcoins that have a very less fee even though the market is on its bull run.

But for my choice, it could only be the two.

Doge or LTC.

As far as my gambling experience is a concern and especially if I really want to bet on a certain match (sports-betting), with BTC, I disregard transaction fees in most cases. Around BTC0.00002 as median should be fine regardless of BTC to USD price. Now to cover it, I just need to do everything to make my bets win. And obviously, the deposit should be somehow a decent amount and not considered as small transactions (should always be over or around $100 in my case).

It's just that I'm already used to it as I used mostly NitrogenSports for placing a bet before (not promoting the site) and BTC is the only payment method there.

But responding to the thread's subject, any coins will do, with reasonable fees while at the same time, fast confirmation time.

ETH does have big fees too currently at this moment which I say that it is much better to look for something alternative or cheaper this isn't the same into those years where
ETH transaction doesn't really cost that much or the most preferable.

In this current situation or market condition then majority will really be eyeing out for Doge,Trx,Xrp and LTC when it comes to transaction duration and fees.

This moment, bitcoin fees aren't that high which I don't see problems on using it on point with my gambling habits.

Almost every user have mentioned it in their post. The token/coin that can be used with less transaction fee is Tron. I've used tron for the purpose of gambling, and myself experienced much faster transaction with very minimal fee. When we're in need of immediate fund deposit, then tron seems to be the right choice.

If you have already bitcoin I think there's no need to switch to altcoins, paying $2-3 for the transaction fee is doesn't matter to me as long as I can gamble using bitcoin and it is easy for me to convert fiat when I'm needed.

Regarding the bitcoin fees, yes that is too expensive but not all the time. Just like what happens now, bitcoin fee is below $1 and I think it is good to move your bitcoin on the gambling site and enjoy playing and betting. But if you really want to avoid the $2-3 fee altcoins are always a good to move but make it sure that it has supported in your local exchange so that you didn't get hard when trading it into fiat.

People should really have the time to check the network from the time they would really play gambling because as you said that not all the times bitcoins fee is high which means you can really still play just like into those normal days that you had done in the past.Its just for you to make some other option if you cant just afford to pay up $10-20 for fee anytime you do make out withdrawal but if you are a whale then these kind of things wont really be an issue but for small gamblers then those high fees would really hurt up your wallet thats why people would seek out for alternatives.Most gambling sites do offer now those multi coins which you can select on so it isnt really that much of a problem.

Well, that amount of $10-20 is too much big here in my country if that is the amount that I am going to pay before I can gamble, perhaps I will not gamble or rather choose an alternative one. We have here a custodial wallet that supports XRP and we know that this coin has very low fees and it has the fastest transaction. Perhaps I will choose this if the fee of bitcoin is very expensive. Aside from XRP, DOGE is also has a good potential upon transferring the fund, because it has very cheap fees. Choose a gambling site that has supported altcoins like this, if they are not, just accept blindly the very huge fee of bitcoin.

Yes, if you are worried about the fees, look for exchanges that have internal exchange, and have alts like xrp, doge, eos, or ltc. So you can exchange your coins with low withdrawal fees. Or better yet, look for gambling sites like EOS-based. I know dice.one casino has free withdrawal fee for EOS. So something like that. You can look for alternatives if you want to avoid the staggering fees of btc or eth.

I shift to Tron and Doge coin if not available I shift to coins that are available in the gambling sites, gambling sites should offer different coins, they are going to lose a lot of players if they insist on only offering Bitcoin and Ethereum, the huge transaction fee and the time to confirm is a big disappointment for players, I intend to use other coins until the transaction fee is fix.

I am not a big fan of binance because they seem to take over the whole crypto scene slowly but surely and a it's never good if you have one company that is dominating an industry.
That being said BNB woudl probably be a good candidate for casinos to put into their portfolio because the fees when you send BNB via binance smart chain are very small. Like 0,10$ per transaction.

Most of the casino platforms prefer to add top most cryptos listed on coinmarketcap as their deposit balance but still if they wish to do so they can add vast variety of coins for users ease and increasing customer base.

1)XRP: $0.00078 fee, 4 seconds to confirm.
2) Litecoin: $0.041 fee, 30 minutes to confirm
3) Doge: $0.239 fee, 20 minutes to confirm.
4)TRON: average transaction fee of about $0.0000901.
5)EOS

Popular and reputable gambling sites support these coins and I have been using them since we could save fees. It's more beneficial rather than Ethereum which has high gas fees. Shifting to potential coins with a lower transaction fee is the best choice that we can do especially during this ath. I hope that more gambling sites would accept and support more potential altcoins. 

Actually the transaction fees on bitcoin and ethereum was very high and sometimes the transaction fees are more higher to the amount that you want to make the transaction. What I would suggest is the XRP because due to this XRP has a low value and then the transaction fees here is also low so it is really suitable for us to use it to the gambling websites or platform to deposit in order for us to play and gamble. Still hoping that there will be more gambling websites that will accept like litecoin, dogecoin and other coins in order to deposit.

I would vote for Dogecoin or XRP but I know Dogecoin has been popular for gambling for a long time now because of transaction fee's.
And almost all of the old gambling site accepts it soI think the future gambling sites should consider it too.
I chose XRP because it is one of the cheapest withdrawal and transaction fee that I know in trading site haven't really tried it on gambling site.

even in gambling sites, those casinos with XRP option has low withdrawal fees not only in trading platforms. also, if you can find casinos with trx, eos and ltc, those are coins with very cheap fees. so instead of depositing btc or eth, you have other good alternative options of alts to play with. this is the advantage of gambling sites offering various options when it comes to alts. because not all gamblers can afford high fees. i guess a lot of crypto gamblers are small timers.

Not just the switching of deposit, I await some websites to allow their users an ability to exchange the btc/eth to low fee tokens and let them withdraw those tokens. I am aware of some gambling websites but they are charging more than average commission to let the exchange happen, so I keep waiting until a good amount in btc is gained and then i withdraw.

More payment alternative for the website could help.

I'm currently gambling with DOGE, XRP, and TRON, and any other high supply coins that are available in a certain gambling sites, they are helping me enjoy gambling since I don't have to pay a high transaction fee with these coins unlike bitcoin and ETH.

With the current very high Bitcoin price, making transaction fees increase dramatically and it is very difficult for gamblers to withdraw if they have
to use Bitcoin. Therefore, now there are many gambling platforms that provide alternative altcoins for playing gambling or making withdrawals,
I myself mostly use Litecoin or Dogecoin, because both have very cheap transaction fees. For Ethereum now the transaction fees are very high,
so I don't recommend using Ethereum.

Footing the long existence and the rank hold on capital market. I beleive the best coin with fair transaction that any gambling site should consider integrate to their platform are Litecoin and Dogecoin though I dont like the coin neither did I once invest in but it still habe a reasonable tx fee. I can see alot of people mentioning XRP which I dont see as a good decision if they still have issue with the US SEC.

Those on-site exchange using up thirdparty instant exchangers does really require much when it comes to fee conversion but if you can bare up with that then this would be a good feature
but if you are really saving up fees as low as possible then this wouldnt be a good option and i do have the same behavior when i do make withdrawals where i do make it on one go
where those wins accumulated would be withdrawn in a single transaction even if the fees is a bit high but at least you save up compared if you do make multiple withdrawal.
When it comes to options then majority of gambling sites now are offering multi-coins for you to choose on.Just choose what suits you.

They never had a problem with the fee, I never heard complaints about it. If a big gambler withdrawing $200K he doesn't care if using $50 for a fee, so it doesn't matter.

I've seen a gambling site that didn't make a withdrawal fee, this for promotion new gambling site, but I'm not sure whales will take a risk.

The more coins the better, yes there is an ongoing issue on both Ethereum and Bitcoin, but there are still players who want to play with these two coins, it's better to retain these two coins and just more coins like Doge, Tron, Litecoin, XRP for players who want to make a shift and wants to save on transaction fees, there are players who make a shift from Bitcoin, Ethereum and other coins with lower fees, that way you can cater on many gamblers.

XRP has the lowest fee of them all as far as I know so adding this on those new gambling sites would help to attract new users. Its value is also more profitable to use to gamble than using other low fee coins. I've been using this on some popular gambling websites and you can win a decent amount from it rather than using coin like Doge where it costs many of it that is equivalent to 1$.

not only new casinos must add coins aside from btc and eth but also to old casinos because there are old casino that only uses btc and sometimes btc and eth but no altcoins . 

for the data , you can ask the owner or the representatives of a gambling site if they are willing to give a copy with you but if not , you can check the betting tab of casino because usually you can see the bet info such as the amount and the coin that a bettor used on that tab  .

I think with ETH moving away from PoW, there might be an opportunity for another coin to rise up in popularity and value to satisfy GPU miner needs. Right now the next most profitable coin for miners is Ravencoin (RVN) and I think it could have a unique growth opportunity that would make it an interesting candidate to be added to any only crypto platform at this time.

With having more coins, a gambler will like to stay on that gambling site, and maybe they will not have to move to the other sites as they need to withdraw and deposit their funds again.

But do not just focus on the coin list to be added, but try to give attention to the gambling games because it is the other way to attract the gamblers to come and play on your site. If you have so many attractive gambling games and support so many coins list to be used for a gamble, that will be the benefits for you because the gambler will choose to deposit on their favorite coin and play on their gambling games.

But be careful about putting a lot of money in XRP as they are still in the hot seat with SEC, just spend small amounts each game so you don't have to worry about spending more just to play longer. Hopefully, more gambling sites will support more inexpensive altcoins in their games because that way they can find some diversity in players.

One of the most important factor of a successful gambling website is the wide variety of acceptance of cryptocurrencies.
Many popular gambling sites accept most of the top cryptocurrencies. With the fees so high, it has become an essential part to include a wide domain of cryptocurrencies. It depends on individual players whether or not they want to switch coins due to high fees.
Some people still prefer to use BTC and ETH. Others prefer to use cryptocurrencies with less fees such as Doge, TRX, EOS etc...

Instead of trying to save up on fees, I sometimes go for making those fees in gambling profits and lose more than I already have which gets my account below the minimum withdrawal amount on that website. So I either wait for a new week and then I get the earnings on the website and withdraw, or try to gamble to get to the minimum withdrawal as well as the fee over it. That is very much frustrating for me because when I lose more, I have to decide two ways so it gets very hard for me.

XRP, BNB, and TRX might be the answer to high fees. By far those 3 coins offer the lowest fees and fastest ( base on my personal experience on withdrawing from various exchanges/making transactions using the said 3 coins). Or just adding straight-up stable coins like USDT and BUSD might help too.

It depends. There are probably sites which are transparent as to which specific coin is being commonly used.

In terms of really big gamblers, I think many of them do not mind much the transaction fees. A few dollars for them is insignificant especially if they want their transactions to get prioritized.

Think of big gamblers in fiat. They are not different. And they don't mind paying very expensive stuff in the world's most popular resort casinos to experience the best in gambling.

There are really difference but to know that not all would really be that rich which means there are small time which would really be keen on making transactions just
because of those high fees which they do really find off for best possible alternatives or solutions but since most of gambling sites do offer now on lots of coins
for them to choose from then it really turns out to be convenient not like before that Bitcoin is only accepted but now top altcoins like
XRP,TRX ETH and Doge is already included on the list.

1. Nano: $0 fees, 0.14 seconds for confirmation
2. Digibyte: $0.0005 fee, 5 minutes to confirm
3. Bitcoin SV: $0.00055 fee, 7 days to confirm.
4. XRP: $0.00078 fee, 4 seconds to confirm.
5. Bitcoin Cash: $0.0024 fee, 2.5 hours to confirm.
6. Stellar: $0.004 fee, 4 seconds to confirm.
7. Dash: $0.0043 fee, 15 minutes to confirm.
8. Litecoin: $0.041 fee, 30 minutes to confirm.
9. Monero: $0.0696 fee, 30 minutes to confirm.
10. Doge: $0.239 fee, 20 minutes to confirm.

Some numbers arent accurate but you can tell the difference.
Source: https://medium.com/nanocurrency/cryptocurrency-fee-comparison-which-crypto-has-the-lowest-fees-4e9118590e1f
Just mentioned above ^ most of platforms now offering lots to choose from.

I confess that lately high fees have been one of the problems for some cryptocurrencies (for example Bitcoin and Ethereum)

In my opinion, I think other cryptocurrencies can be implemented because they have low transaction fees, such as XRP (Ripple), ADA (Cardano), XLM (Stellar) even Doge and others. Well, I think this is one of several possibilities!!

never had an experience with nano, even in the trading aspect. but this is nice to know. i believe casinos should integrate this coin. dont know also any gambling site with nano coin in their payment method. they can charge a lil bit if they want to but it may reduce their earnings if they will use this coin esp if they have internal exchange.  :P
the usual reco is doge, ltc, xrp, eos and trx.

Agree and as I mentioned before, regardless of the fees, hard sports bettors (honestly, even with casual bettors), won't mind the fees as long as they can able to place their preferred bet at the right time. They will just do everything to win to somehow cover the fees they spent.

After all, we are not talking about over $50 in fees "regularly". Just refrain doing cheap transactions like for example less than $100 per deposit.

Its not a good idea to discourage in any way the smallest bettors, they are often going to be the newest most timid customers but importantly represent growth in the industry and across crypto.   The smallest elements in an economy represent the fastest and ultimately greatest growth, its part of why capitalist systems work in the first place and I reject the whole whale arguments to success in any system really.
   Sure step 1 use large enough amounts of cash where it doesnt matter and I agree regular bettors dont withdraw too often anyhow but still I hope Bitcoin never forgets the bit part, its about efficiency really.   I was just posting elsewhere a slow option with lower fees should always be there for the paupers of the world (ie. less then $100 etc) to still take part and build up an interest, thats just healthy imo.


Worth quoting, useful snapshot info.   I have often used the classic Etherum chain because it was so widespread and fast, I've no idea of any wider criticism currently of it but it was fast cheap and often accepted; bid/offer spreads also is an element to cost of any effective usage back to dollars etc.

Hard sports bettors and casino gameplayers will never look for the fee. Most of the time the deposits were made instantly, unlike the currency. The incoming deposits fee will be adjusted by the gambling platforms, and this isn't happening with every gambling site but there are sites doing it to keep the player active and continue gambling without break.

Why are there many people in the forum always suggest XRP? There is a lawsuit against Ripple and its founders for sales of illegal securities. It is also centralized. I reckon the best altcoins for new sportsbooks to begin accepting are Litecoin, Monero and Dogecoin.

XRP as far as I know has the lowest transaction fees but yeah you are right that lawsuit is a problem. The problem with new sportsbook is that they are not as established as the other sportsbook so you will have a problem with trust for awhile. Doge might be a good alternative.

I see some people are suggesting you about BNB; I mean I get that it is a centralized coin but many casinos have XRP, that is a coin where the creators can print any amount of coin they want and make themselves rich, sell all of them and print again if they want to, it is as centralized as it gets and it is funny that people assume it could be played on a casino but BNB can't be.

At least BNB is used for something and a good coin and ranked very high now as well, and nobody is investigating them, XRP is under threat of SEC right now and could go down even more, that is why I do not think that people should invest all this money into XRP and gamble with it, they should do that with BNB. The cost is about half a dollar and it is nearly instant as well, there is no waiting time, so you could add that to the list of things people could play with and casinos could add to make it faster.

Rather than use XRP to gamble, we have the other altcoins that can suit us to gamble and even if those coins are not too low than XRP, the coin does not have a problem with the lawsuit. That will help us avoid the problem in the law, while we can still use it for playing gambling. Dogecoin will be the best coins to gamble as the price is not too high, and in the first time creation, Dogecoin is for a meme and fun only.

It's just an underdog altcoin but it's quick and free for a transaction. But it's hard to gain popularity because many are into bitcoin already. I agree that I'm also into bitcoin and would say and suggest that from time to time.
That might be the reason why we're seeing a few of it accepts it because they can't get commission because of the known description of it.

Most gambling site uses low transaction fee coins, the higher fee in ethereum and Bitcoin is rapidly getting high at the moment, so many clients loosing customers because of high fee, there are new gambling are that integrate more of the low trx coins, betnomi is a new site though that has xrp, doge, dash, trx, btc, and eth., These coins are faster in transactions with no obstructions.

It's because gamblers don't care about a regulation problem of a certain coin as long as they will get cheap fees when depositing crypto to their preferred crypto gambling sites. I understand as the XRP fee is handy.

And even with the lawsuit, XRP is still listed on good exchanges that's why more people still use them. Even with a lawsuit, I don't think that will be a problem for a crypto-gambling site if they will accept is one of their payment methods. With more options to pay, more users will likely switch to that site.

Where did you get this information? Can you give an example? Like what sites etc.

If I'm not mistaken, top and famous gambling sites, even with high transaction fees involving those top coins, don't seem to show that it totally affects the number of their users. These gamblers are aware of the current fees and hopeful that someday there's a way it can be lowered in the future but if they really want to gamble, fees are nothing with them.

Probably any coin which is not on the Bitcoin blockchain or Ethereum network.
Usually, I make Bitcoin or Eth transaction, and many time very frustrate me not only high fee also long time waiting for confirmation. And always have been surprised when I realise that TRX, XRP, XLR... transaction confirmed/finished almost instantly.

I remember some old-time and Plinko game, where every game I make a new Bitcoin transaction, and everything works fine.  :'(

I do like to know as well on where you do get those informations because majority of gambling sites now does have dynamic fees which means it would really be depending

on the networks situation.All of gambling sites now does have lots of coins to choose from which means it wont be a hassle to play gambling if you do like too.

Its true that high fees is pain in the ass specially in bitcoin but we can always wait or skip out.

You got a point, Litecoin is more cheap transaction fees. But there are also some gambling platforms that still don't support some altcoins, like Litecoin or Dogecoin.
But overall, if you have your funds or some other altcoins on the exchange and want to gamble, the best to use are these kinds of altcoins to save more fees on sending on the gambling platforms, and on withdrawal too (if withdrawal is not free).

It's the other way around which are small gamblers who are taking fees instead seriously compare to big or heavy gamblers.

These big gamblers can afford to pay fees and most of the time, they are making big deposits as one way to save fees in their future deposits. Small gamblers on the other hand have no choice but to do the same instead of doing deposits by batches.

USDT is one of the good choices we have.

It annoys many gamblers with the current increase in Bitcoin and Ethereum transaction fees, even though these two coins are the most popular
for playing gambling. But seeing the surging transaction fees going up, making gamblers look for other alternatives that have much cheaper
transaction fees. Read posts from members in this forum, most suggest using XRP, LTC and DOGE. I admit that the three coins not only have
cheap transactions, but has very fast transactions too. I've also started using XRP, LTC and DOGE to play gambling and have also made deposits
and withdrawals on gambling platforms.

That is why if a gambling site is not yet accepting any other cryptocurrency except BTC or ETH, more likely they will lose certain users. They need to accept altcoins with lower fees and faster confirmation rate so that gamblers will be given options for their maximum convenience and fun.

For example, I was betting with Futuur weeks ago and they only have BTC in their crypto options. The consistent request was to add more crypto options such as the ones you named so that gamblers will continue to use the platform.

Even more annoying that the value of Bitcoin has risen very high and will probably continue to rise thus transferring a small amount of BTC for any transactions will consume lot of fees same with transaction gas for sending tokens from ERC20 wallet these are issues that needed to be addressed even if other altcoins is adopted by gambling firms  it will take before gamblers will adapt to it having been conversant with BTC and eth.

But some of the gambling sites targets certain audience who can bet more means they are not going to care about paying 10 dollar as a transaction fee for their transaction to be confirmed but yeah it all depends on the casinos and who are their targeted players.

I am very vocal about DOGECOIN and RIPPLE eversince as those are the coins i used specially XRP when the coin is still in rank 3.
But now that many support from XRP has already withdrawn , I think our chances of using is very limited .
and also there are cases when the exchanges are now not selling or accepting XRP and that limits us all.

If the casino can add many altcoins as the option, that will benefit both sides, the casino and the members, because the members can deposit the coin they like. The casino will benefit from many gamblers that will register on their site because the casino gives more options on the altcoin as the deposit and withdrawal. I guess the casino is already aware of this, and they are trying to add more altcoin selection to gamble.

It is always better to attract all kinds of gamblers than just target a few ones. I have already said in my previous post in this thread that as far as big gamblers are concerned many of them won't probably care about transaction fees. But then those big gamblers only comprise the small minority of the entire population of gamblers. Many gamblers are still mindful of the high fees that are considered wasteful especially if there are available options to address that.

The competition among crypto gambling sites is also high so it matters that a certain casino is only offering BTC or ETH while others are offering a wider array of crypto options.

Its good but not every company have the same kind of approach towards their customers, for example if we take a look at Lambo then their targets are only billionaires and celebrities which is I wanted to say that the same kind of approach exists in the crypto gambling field as well and also they are successful better than others simply because their gambling experience is better.

For sending USDT ERC20 you need to use 70k gas, and a few days ago for making a transaction I had to pay 0.027 ETH! It's just crazy!
On the other side, TRX is simply great for gambling, fast and cheap transactions! I use it for a long time! From recently and after BetFury promotions I use BNB a lot, really fast and cheap transaction! 
Now, whenever I can I use BNB, TRX, LTC, Doge... anything is better than Bitcoin and Ethereum!

I see a discussion about high rollers and how they don't care about fees! I guess rich people can afford to pay extremely high fees all the time, but not all of them, the majority of people, rich or poor, don't like that at all!

Use TRX, he is fast enough.
Use Doge, it still has pretty low fees. Use especially MONERO (privacy + low fees and one of the main coins to use). In fact, any altcoin out of Bitcoin or Ethereum network will be suitable.

Yes, TRX is fast in transactions and also can be considered as a good alternative. Those casinos that uses ERC20 for USDT can't stop the fee to stay at a higher rate.
The only solution is to use TRC20 if they want to minimize the fee if somebody wants to send USDT.

If a gambling website is only cut out for the so-called 'big gamblers', the site will lose out. A good gambling site should be able to accommodate both the rich, middle and beginner range of all players. And that means putting in coins that will favour all of them. Whether big or small gamblers, nobody likes to lose more coins to transaction fee for gambling purposes, when it can be gotten lower with another coin. So instead of having users leave your site for this, have it on your site. It's a win-win for both the site owner and players.

Small gamblers are the ones who are making a gambling site successful, big gamblers are just small in numbers and they could contribute to the profit of a casino but if they transfer a casino will lose an income but these small gamblers are mostly loyal, then gamble with small but it could generate a bigger volume and if some will transfer to another casino, gambling site will still survive for sure.

Small gamblers gambles with small amount, hence, the fees are really needed to be small.

As far as physical casinos are concerned, there are indeed many gambling casinos which cater only to the wealthy gamblers. There are a number of resort casinos all over the world which are exclusively enjoyed by elite gamblers who can afford to squander millions a night. But I do not observe the same in cryptocurrency gambling. Crypto casinos are mostly open to all although there are certain VIP tiers offered to big time gamblers. But then everybody can enter the casino and play.

What Lambo are you referring to? Is it lambo2btc.com?

I have not tried this Yet but i have some Tron in my position now and willing to use for gambling as the price increases from the purchasing time of mine .
though i am afraid having this recently when some exchange delisted Tron in their platform for some reason that might be personal.
Also I love Litecoin and Dogecoin , when in terms of Gambling coins ,most specially that not the value of both coins increases from my investment last year.

Maybe you should not use Tron to gamble because the price increases from the price you bought Tron before. If you can sell at the exchange instead of using it for a gamble, you will make a profit and you can use that profit to buy doge and use it for gamble. I prefer to use dogecoin because that coin is available on many gambling sites, giving me more options to use any gambling site that I want. That is my suggestion for you but that will be up to you.

Losing a few users is better than making too little profit and not enough money for gambling activities because with two popular currencies like ethereum and bitcoin, casinos will always maintain a higher profit margin as casinos almost always set a low for betting and even at a minimum, the value per failure is quite high for these two currencies. Whereas in other currencies, the cost per loss is meager, I have tested it a few times, it took so long for the casino to beat us completely, maybe they got the problem and don't want to waste time

I don't get your point, if you have any. It doesn't mean that a casino adding more cryptocurrencies would remove Bitcoin (BTC) and Ethereum (ETH). BTC and ETH will always be there as major options because they are the two leading cryptocurrencies. Which casino is stupid enough to only accept minor cryptocurrencies?

But it is always better for a casino to accept more than BTC and ETH. It doesn't hurt a casino if they add Litecoin (LTC), Ripple (XRP), Dogecoin (DOGE), etc.

Its indeed a nonsense thing for a casino on having no BTC and ETH or other top altcoin and just rather put up some low ranking coins instead?Its just nonsense to have that kind of action made in that case.

Of course, gambling sites will really be mainly putting up the coin on where this community mainly been supporting on which is BTC and its understandable when it comes or to look itself for demand.

Majority of sites now do offer multiple coins for them to choose from which is a giving a great convenience since you do have lots of options on what coin you would be using into your gambling.

Dealing with small cryptocurrencies with cheap fees is an obvious option, but it is not a complete solution to the problem. People are used to betting in currencies such as bitcoin and ETH, and converting into these currencies leads to additional commissions, and usually they are quite high at casinos.

Adding low ranked coins along with the top cryptocurrencies is a good choice. If there is no Bitcoin and ethereum on the list, then the platform itself won't get recognised as cryptocurrency accepted gambling platform.

Right now people get the convenience of using more number of cryptocurrencies and the gambling sites itself has the swapping access. So, it isn't a big thing to take it into the new gambling site. Transaction fee is common with almost every platform, try to provide low withdrawal fee which also plays good role in attracting new gamblers.

Small gamblers have no choice but to stop if they gamble but can't take the fees. There's no option but to exchange into altcoins that have a lesser fee.
But to do that, they have to transfer and they have to pay for the fee as well if that's bitcoin or ethereum.

For starters am not a heavy gambler but from the casinos I have played on like duelbits and roobet its unfortunate that the have not expanded their doors to allow other coins with lesser fees which is very odd at this point where at times fees can be hitting at a minimal of $10 while we have other coins that charge a tenth of a fraction which could actually see more players on their platforms but they seem to be holding back.

If a coin with lesser tx fees is added I would switch without thinking twice but left with no option we keep playing with what we they have to offer.

Either way they are still paying a certain amount of fee that’s why they choose to exchange them to a lesser valued altcoin such as XRP or LTC so fees wouldn’t be that much compared to Bitcoin or Ethereum. For as long as these 2 coins gave higher value, the transaction fees would also be high.

Of course, it is not the complete solution. But the complete solution is beyond the control and decision of gambling sites so they need to think of other ways for the time being.

People don't need to do constant conversion of cryptocurrencies on gambling sites. In the first place, gambling sites are no conversion, swap,
 or exchange sites. With the acceptance of cheaper altcoins, gamblers only make deposits and withdrawals with these altcoins. No need to deposit BTC and ETH and do the conversion in the site itself.

Good advice , If the price of the coins in your pocket is still increasing then why need to use for gambling when you can still wait for more pump.
But if you are not caring about the possible profit(because there is also a possible decrease) then Using to gamble maybe a right manner to deal with.
and besides this is advantageous already because he buys in lower price and now it maybe doubled? if the site is convertible to Dollar then It's a perfect material to gamble i guess.

But Bitcoin is one of the major coins out there that have insane fees most of the time (it depends, yes, but most of the time the network is congested afaik), and for crypto casinos, I think having ETH/Doge/XRP is already enough for it to be considered as a crypto casino. BTC is a possible option, yes, but most gamblers in the know would prefer to use, as you said, coins with low transaction fees. Not that I've ever seen one without it though :P .

That's fact! as long as this two coins still have higher value the fees will remain high and those small players don't have any option but to pick other alternative to continue gambling.

High fees really affects most of small gamblers but like what most said the game must go on..  ::) ;D They will find ways
and they will continue playing.

Gamblers always a gamblers..  ;)

Well But what can we do next ?

Cheap coins must be our choices and even without High at casinos yet we as small gamblers will only bet using the fees we can handle .

How can we play when we only have 50$ to bet and the fee costs us 30$.

Correct. Many small gamblers like to use the altcoin that does not need to pay a high transaction fee because when they win using that altcoin, they can withdraw that coin with a low fee. That will help them have the most amount of their winning, and they can wait for the price to increase higher and sell it at once.

I guess some gamblers still use that coin, which already increases because they think they can have another win that can give them more amount of that coin. I hope they know what they do with the coin, especially if they can see the price increase. Or he can convert the coin to another coin that gets a downtrend to give them more amount of the other coins. And he can use the other coin to continue gamble.

That's not advisable anymore, by depositing your bitcoin, you already loss big money, so you might still loss easily anyway. There are a lot of altcoins as our option, why force on bitcoin only, and also we have a lot of gambling sites already, for sure they have altcoins as an alternative for deposit, just be wise.

I'm playing on other gambling sites that's offering other coins as options to their players, and the tokens/coins they are offering are Tron, Litecoin, Dogecoin, USDT and other coins with low transaction fees and fast confirmation, you should add it so you can attract more players, gamblers are looking for more options.

Currently I’m trying out BCH and XRP because they both have lesser transaction fees, but you just need to be careful especially with XRP who needs its destination tag to receive your funds or it will be lost forever. But maybe other gambling sites offer other altcoins too such as Litecoin or Dash, I think I see a couple of sites who have those altcoins with lesser fees.

Yeah, still has to go through that process of paying a fee is able to exchange and have it a cheaper fee.

I did some XRP transaction and it's good but I won't have it as an investment. I'll change into it for transfers but for BCH, I won't have it a try. Is it really that quick?

With those alternative options, gamblers are free to choose game house who provide this offers.

It way much better than locking yourself with  known cryptos that have high fees, it just limiting gamblers to
use it and have no other options to enjoy the site.


BCH and XRP do have low transaction fees and if you are rushing your bets out this two alternatives is really fits to your need, the transaction

process is much faster than BTC and ETH.

And not so fast as with TRX. At least XRP also very fast, but not so safe as TRX or even Dogecoin. Personally, I'm also used Doge two or three times. Much wow this is what i can say about using it  ;D

And yeah, BCH is pretty slow, with higher (than TRX, Doge and other coin) fees. So there is no sense to use it anyway.

But if a player wants to play with bitcoin or ETH, then he is forced to make a conversion. And if he wants to withdraw money using a cheap altcoin, then he is forced to do the opposite operation. Yes, these exchange operations are not the main activity of the casino and therefore the exchange rates there are very unfavorable for the player.

I don't know if there is such a player who really insists on playing with Bitcoin (BTC) or Ethereum (ETH) that he will make deposits with a particular altcoin, convert it into Bitcoin (BTC) or Ethereum (ETH), and then when he decides to withdraw, convert again to altcoin. I don't know if this is the best option he has to take or he is only wasting time and money in the process.

I agree that conversion within a gambling site is not a good choice in terms of prices.

There are lots of other options are available to solve the higher transaction fees but the real question would be how long that will remain as a good option for lower fees. Just look back to 2017 scenario when bitcoin community was struggling and debating about adopting seg-wit, ethereum was one of the best destination to enjoy lower fees but right now what is going on?

I mean we must need to get into a long term solution rather than switching into new things because that will be high riskier one when a business adopt something new as most of the coins are turning dead or abandoned over the time.

It may save time but it will definitely lead to extra fees and losses as we need to buy that altcoin at market price and need to sell at the available market price which will be definitely lead to 3 to 5% extra along transaction fees.

I never try to use BCH because I think the fee high compare to Dogecoin or litecoin. I think DASH also have as high fees as BCH. I heard XRP also has low fees, but I still prefer to use Dogecoin. Tron can be another solution to playing gambling, but the gambling site which accepts Tron is not too many depend on the gambling site accept Dogecoin. I think that is why people like to use Dogecoin to gamble because the price to buy is not too expensive, and the fee for making a transaction is not too high.

I and my friends are small-time gamblers, but we are lucky that we have a way to buy altcoins using our local currency and can send the altcoins to a gambling site with small fees, and we can also trade our altcoins to our local currency, it's a big help if your government supports not only Bitcoin but other altcoins as well, some of the altcoins I'm using on the gambling sites I'm playing are Tron, Doge, Litecoin and XRP   

I don't mind a little gambling once a month or so.
Depending on what casino, BCH has often been the cheapest and easiest.
Some casinos accept 0 conf BCH tx's and it's never more than $0.01 in tx fees to send.

ETH was good for a little while  because of the fast confirmations, but the fees on ETH are also sky high now.

In other words, it is not practical to do it. So if you want to gamble with Bitcoin (BTC) or Ethereum (ETH) then just stick with it. What is $10 if you are a gambler who is willing to spend hundreds or even thousands of dollars on your favorite gambling games? That is probably nothing to you.

But if you are a gambler who finds it a big deal to spend a few dollars to pay for the transaction fee and who makes it a big deal that the conversion of your Bitcoin to an altcoin is rather low as compared to the actual conversion rate, then you better be sticking to cheap altcoins.

It's not the cheapest and quickest and wouldn't want to try that again. XRP and TRX are the choices of most this time and they really are cheap and quick.

And that's why everyone is looking for a way to save fees as we transfer in casinos.

This is a matter of habit/convenience. You always know the price of ETH or bitcoin (most people connected with crypto check it every day), but do you know the actual price of smaller coins such as Zil for example? I am not, and it would be difficult for me to place a bet without knowing how much I am risking.

This is true on where you do need to check out everytime if you do make bets using those unknown or not popular coin and its not really that common that these coins were included.

I do see a few which do list some coins but typically those are just inhouse tokens which doesnt really have a market value but i dont really preferred those and nothing beats out

when you do make out bets using up Bitcoin and other top altcoins in the market.There's really some vibe or feeling that could really add up on the thrill
and excitement when you do directly play with using up these coins.

I'm seeing more and more people looking at BTT not only because of its relatively cheap cost but because of it's profitability as well. Not too long ago it was sitting at a measly $0.00021 but has since increased in price and is now sitting at $0.0041 imagine how big the gains are, not to mention its low transaction fee as well, and since it's backed by a well-respected gambling site, there's no way you could go wrong with holding a few BTTs yourself!

I see more with TRX instead of BTT.
But you're right that if there's a demand for the coin, there will be an increase in its price because of the transactions that are happening on it. A lot of altcoins as a choice to have cheaper fees and it's all going to matter on your choice and what you like and dislike.

But why not make some kind of token for gambling. After all, it would make it a little easier to choose. Besides, eth or bitcoin often have high commissions. If a person wants to bet $30 for example, they will have to pay another $20 for the commission in order to send that $30 to the site.

I am using Qtum token for transfer now because it has low commissions. If sites would add this token I would play on Qtum

In this time, those people can be considered as a rich who are transferring their funds through using Ethereum network. By the way, it doesn't matter how much the fee is for big gamblers. But it matters for small gamblers who don't have huge budget. Besides, Btc or Eth, we have seen some Cryptos already supported in many gambling sites. From those sites, TRX, USDT is the most usable cryptos. This time, I also choose other altcoins like Trx, Doge.

It is really not easy for me to do that, because my government doesn't allow online gambling aside from few places. We do have sportsbetting as allowed, but you can't gamble everywhere, it needs to be approved by this one place, and that is why we are restricted to like 5 online places in general and that is about it.

Aside from that all other online games are banned as well. So, I can't just put fiat into some local exchange, get altcoin and send it to some gambling place because they would know that I am gambling and since they have my KYC that means I won't be capable of doing whatever I want and will be caught if I did that. Which is why long story short I end up not using local exchange that way. However I do move the money to blockchain.com account, and from there to any casino I want and that is not a problem, because they do not check it one step ahead, that is a bliss.

Yes, the fees are completely insane right now. Maybe gradually the use of bitcoin in casinos will completely disappear for these reasons. After all, few people now talk about the use of bitcoin as a means of payment, and once this was its main purpose. People will simply change their habits under the pressure of circumstances and use other cryptocurrencies that are faster and cheaper.

BTT BitTorrent coin, is just a token on the Tron blockchain in reality, so I don't think gambling sites offer fees lower than TRX for BTT  :-\ What well-respected gambling site are you talking about precisely? I would be very surprised if it provides deposits and withdrawals in BTT and not in TRX.

Yes, suggest them to convert their funds as I also suggested some of my friends to convert their Btc or Eth to altcoins. The fee is limited, so it is not a big deal for big amount gamblers. I know some people who even deposit such amount to play will be considered as fee for others too. So they won't use Btc or Eth. The easy way is for them to convert.

Nowadays it shouldn't just about the coin, but about the provider as well. if a website can have few options like binance chain, ERC-20 i think it should be better

If you are already having BCH in your wallet, then there is nothing wrong in using it for small and medium sized payments. But I have seen some of the users converting their BTC to BCH, just to make the payments. And they convert back the BCH after some time. This is not something that I would recommend, as BCH is on a declining trend for almost one year now. The conversion of BTC to BCH may cause losses, and on top of that you need to pay additional fee for conversion.

The pay will not be crazy for big gamblers because it will be worth the win and they will stick with bitcoin and ethereum even though the fees are very high, and for the little gambler it will be very influential and will look for alternatives to switching to altcoins because they are cheap.
and in my opinion TRX and XRP are most of the alternatives that most people will choose because they are cheap as well as fast.

We can suggest the new gambling site add altcoins to their site to help the gambler reduce the withdrawal fee if they use bitcoin or ethereum. With the increased price now, people feel not right with the fee, but they can not do anything except follow it.

It needs more time to have another option such as adding binance chain or else, but the site can add the altcoin first in their site. But in the future, they can try to add the other option as the payment system to make the members like with the alternative coins.

Binance smart chain got low fees and is fast but some might argue that it is centralized so it might not be the best option for some people, also adding any kind of ERC-20 token won't help as they are just tokens based on Ethereum blockchain and actually you have to pay way more fees to transfer ERC-20 tokens on Ethereum network than Eth itself, so it's cheaper to just use Ethereum.

Casino websites should accept some coins with privacy features and some other coins that are just fast for sending/receiving payments so that every customers is able to use a payment method that suits them the best, whether they choose based on their fees, privacy or speed should be up to them.

Which gambling site are you talking about precisely Swopon? There are very few online casinos offering exchange between cryptos, so converting BTC or ETH into altcoins is not a possible solution for everyone. It can only work for gamblers using this kind of gambling platforms.

What coin like monero? Maybe thats a good option though I don't see much user use this as an option but for now many casino are slowly adopting a good coins like xrp,trx  and ada, also doge got a good tracks right now so maybe those casino consider this since this one will give convenience to their bettors and might they will make them stay since people don't like to be hustle.

No, it not that people will argue it's centralized but people will say it's centralized, isn't it centralized? Why do we have to argue about the fact of the issue which is already know by all.
BSC is not the best option and most private company (gambling site) don't support it.

 Adding Erc20 is another worse ideas and the perfect altcoin i think will profit gambling site owners and gamblers will be Litecoin

I have heard the same arguments regarding bitcoin as a means of payment, but the whole industry cannot hold on to large players, so the use of cryptocurrencies with large commissions in such areas will inevitably fall. Perhaps the ETH after switching to POS will be able to "return to the game" and, given its leadership in many parameters, will become an even more dominant altcoin.

That's still maybe, an assumption in case ETH updates covered this high fees and start to provide service the same way
it was before this huge transaction fees to process your transactions.

For now, gamblers do use alternative coins that have quicker transfer yet a much lesser transaction fees. It said above
that both TRX and XRP have this features,.

Yes, new gambling sites can add altcoins withdrawal system. By following this, it may help them for marketing. It will be considered as a marketing tool for them which will help a lot to grow faster and also will he helpful for gamblers too. But we are doing withdraw with forcibly high withdrawal fee.

Eth 2.0 would solve the problem of scalability up to an extent and Polkadot could soon become a replacement for the centralized shitcoins like Tron and Ripple. Ripple is already facing the lawsuit and the regaining back to an extent like 2018 is almost impossible unless the investors are fooled. The primary purpose of bitcoin was to be decentralized and ripple started developing into too much of a centralized shitcoin with fake pumps and dumps all over the market.

Similarly BnB is developing with the fake pumps, but the decentralized networks like Bitcoin, Ethereum, monero or polkadot would be the winners over the longer term. There are already over 200+ projects being built on top of polkadot and it would rise to new highs and could be evolved as the real competitor for ethereum in the upcoming months/years. If the casino is more interested towards the privacy of its customers, they would eventually be paying them with monero rather than a shitcoin like TRX which is scalable but isn't meant to be private.

Not only that, they should have an internal swap or exchange. It's also a solution for most gamblers that find it hard to transfer and convert because they're too conservative about the fees.
They exchange internally with the altcoins of their choice and move it to their own wallets with cheap fee.

Actually there are already some internal exchangers that had been integrated in some known gambling sites but whats the issue? Fees are also high or they do charge up more
compared if you do just simply make out some conversion on exchangers but if you dont like to experience the hassle then you should deal with it.
This isnt already a new feature because some of them had already the internal exchangers which you can anytime use depending on your needs.

If someone wants to do it, he can compare which fee is higher, if it's the internal exchange or the transfer from the casino to the exchange itself.
This is a good option for those who want to find a solution and it only takes a few minutes to decide after the comparison for its fee.

Exactly, everyone wants to use their own comfort zone. If someone agree with that then he or she must use these type of platform which is giving such opportunities to the gamblers. I think every sites should open these service so that gamblers can use any of one which they want to use.

It would really be that convenient if thats been included or can really be having that internal exchange even though fees are bit high but this is really a must thing to have.

You wouldnt really be needing to trade it up and go into an exchange for you to make such conversion.For sure they would really be making more revenue with that but
i guess they would just simply make use of other providers or platforms.

Fees are the thing we do like to suppress and saved thats why we are really that keen when it comes to that.

Even with that feature, those new gambling sites will take a long road before being recognized. In some cases, a gambler will still stick to their preferred gambling site disregarding fees as it's riskier to just try those new sites just because they support all coins.

But in the event that the site survived the hard part, surely it will gather more gamblers on their site. Not that easy though if we will look at how vast now the crypto-gambling world is.

Agreed, most gamblers prefer reputable gambling casinos as they know how much their funds are protected no matter how much the fees are. Also, no matter how low the transaction fee on newer gambling sites as long as they aren't reputable, gamblers would disregard them especially High Rollers.

Also, there is also a reason why older casino still runs up until now no matter fewer changes and updates are done on their site as they have already built their Reputation around the gambling community. An example of a great gambling site is Primedice which has been on the gambling industry for quite some time now.

Most gamblers that I know are currently adopting ETH big time. Just take a look at all the Youtube gambling channels, a lot of them use Exodus to hold their ETH.

BTC is sort of reserved for the few elite whales now, or for people who are willing to wait hours for their deposit to be finally credited to their accounts.

LTC/Doge also has some sort of a following, although certainly not to the extent of ETH. I would like to see IOTA being used given that it does not have any transaction fees, but not sure if their infrastructure is well developed enough yet.

That is somehow true. Gamblers will try new casinos, but they will only spend small amount of funds just to try out. But when it comes to high amount of deposits, they always go back to their old casinos. Because they are confident that they will not lose their funds for nothing. But yes, if these new casinos survive, then that's great. And it would take time to gain trust from the community. They really do need to work on it also.

With high transaction fees right now, gambling platforms have to provide alternative coins other than Bitcoin for deposits or withdrawals.
Because making withdrawals with BTC or ETH is no longer recommended at this time, When I use gambling sites now, I always check the coins
option on the gambling platforms first. If the gambling site does not provide a coin option that has a cheap transaction fee, then I will avoid
using that gambling site.

The most popular choice for making payments in various gambling sites are - Bitcoin, Litecoin, Ethereum, Bitcoin Cash and USDT (perhaps in the decreasing order). A few of the sites also accept coins such as DOGE and ETC. I am surprised because very few of the gambling sites currently accept two of the most popular altcoins - Polkadot and Cardano. And Cardano is not a recent innovation. It is a few years old. I don't know the reason for low acceptance of ADA and DOT, despite the low fee levels.

Well, I have already switched to other coins for a long time when I feel that the bitcoin fee is too high. Moreover, using other cryptocurrencies is way faster than bitcoin and you can even split them into much smaller fees if you only have a small balance. Veteran gamblers are familiar with doge gambling and some casinos allow small wages such as $0.01.

I suggest you should use doge and ripples. They are all good currency. Ripple has long a reputable coin even though it has a bad impact from SEC recently but it has made a massive recovery from its grave. If you love the stability, usdt are also supported on several casinos

In modern online casinos, in my opinion, it is advisable to use cryptocurrencies with good liquidity and low commissions. 

Bitcoin and Ethereum currently have very high fees.  Some experts believe that Bitcoin is no longer suitable for transactions with small amounts of money.  Bitcoin is a potential global reserve currency. 

However, I'm glad there are other (alternative) cryptocurrencies besides bitcoins.  Dogez, LTC, XRP, Bitcoin Cash, Tron are well suited for modern online casinos. 

Also various stablecoins. 

Monero (XMR) is unfortunately not suitable, as the use of Monero is associated with certain technical difficulties.

Please have this thread locked. There is no point in repeating coins or tokens that were already suggested from page 1 to page 9.
walrusbite hasn't logged in for six days so he probably accomplished what he wanted here. Let's just wait for them to launch their gambling platform.

If there's Doge I'll go for it, the hype makes it attractive to use in gambling sites, unfortunately, the two gambling site where I am very active are not using Doge, and another good alternative is Tron, I won a lot of Tron when it was still at 5 cents and now if you check the market it's on 9 cents now, it's good to use coins with good potential or getting a hype in the market, and Doge and Tron are two good examples.

LTC, DOGE, and TRX are the best options besides BTC or ETH...
transaction fees are really like 'raping' us especially ETH, that's really crazy. adopting other altcoins that are much more fee-friendly will be great for players and online casino owners so that neither party is harmed.

This is the reason why they want to adopt the use of other coins because they want the different options for their users as you can see on most gambling platforms if not bitcoin and ethereum they support now the litecoin, ripple, and another coin which has a lower transaction fee but I didn't see yet a platform that supports the conversion of the bitcoin/xrp (for example) but just have a different wallet like the bitcoin itself if you want to deposit or withdraw. I think if the platform runs smoothly and run long-lasting they will not support other coins too.

Differing options are now becoming the next big thing when it comes to crypto gambling sites. It's not inevident to us that the current bull run had made the transactio fees so high it is impractical to still use such coins. I for one have heard about BTT from betfury being a very good alternative for the current giants that we have, I have yet to try it personally but with numerous good reviews, I am a bit confident that they are a very good placeholder.

The decisions are in the owners of the gambling sites themselves whether they will accept another cryptocurrency besides BTC or ETH or not.
However, so far, there are many more gambling sites that wantonly accept those two. Yeah, the fee is really killing and sometimes it may really cut half of the profits from gambling or more.

Now, there are also other cryptocurrencies that re-accepted like XRP and XLM as the very affordable or low fee for transferring.
You may look at the links below to compare the sites:
https://www.gamblingsites.com/cryptocurrency/sites/
https://cryptomaniaks.com/latest-cryptocurrency-news/best-crypto-sports-betting-sites

Withdrawing with BTC and ETH is like what many are avoiding these times. The prices are high and better to keep it rather than paying for the fees.
Those altcoins that you have mentioned are the total alternative coins that are really making their names as what they're described for being altcoins, just as in times like this when btc and eth transactions are expensive to pay.

Yeah, many avoid Bitcoin and Ethereum a lot in cause of withdrawals due to the fees but using them comes with some advantage. Which is the fact that, they both have more liquidity than any other coin and comes with the best price offers across local banks on exchanges in cause of exchanging it for fiat on any exchange. This is from personal experience but then, its a benefit that could be tapped into afterwards through swapping of coins on a supported platform should you have withdrawn with a less valued coin like, XRP or LTC. Make no mistake, they are very much valuable as well.

I'm not a big gambler and I'm not sure if these big gamblers are shifting to other coins from Ethereum/Bitcoin because they can still shoulder the fee, I guess only small-time gamblers are shifting to other coins because the fee will eat up their profit if they continue to use Bitcoin and Ethereum at this point in time, the best altcoin to support are Tron, Doge Xrp, these coins have small transaction fees and fast transaction

I am always Vocal about Dogecoin, TRX and Ripple to be available in all crypto gambling site that operates inside and even outside this forum.

This is not only for my benefits but for the Site as well , because this will attract more crypto players as many are quitting from using Bitcoin and Ethereum as deposit or even withdrawal coin.

That would be a major problem if we were talking about such coin being a store of value for your wealth for the long term, but since we are talking about a coin to get fast and cheap transactions when you gamble then that is not a deal breaker, however by far the best coin when it comes to this is dogecoin, I know that many do not take the coin seriously because of its story and I get it but when it comes to fast transactions dogecoin is one of the best coins out there and should be adopted by more casinos so their clients have the option to choose it and gamble with it.

So far, the average gambling site with the cryptocurrency concept has not only focused on these 2 assets. some use other altcoins whose transaction fees are cheaper and faster. An example is the Stake which I still use for gambling today. there is a Tron or Doge option whose transaction fees are cheaper and faster. Indeed for gamblers with not large capital, if the deposit using bitcoin, of course, object to withdrawal fees and also the deposit fees they spend are also high if it is calculated in dollar conversion

Dogecoin and Tron is best option but XRP? I'm afraid that many gambling sites and exchange are keeping distance for now because of the possibility of Bigger problem along the way as the case is still in progress.
Agreed mate, Many Sites are adopting more coins as they know how beneficial and advantageous on their part.

Ripple may not be preferred by the gambling sotes because I guess if a gambling site wants to add ripple then they need to get further licences and it applies to every centralized coins ( correct me if I am wrong).

They don't have to. There were casinos that have Ripple on their list, there's no list for such license, they only need to add just as how they've added the other coins on their supported/payment option.

Ohhh, I thought we need it for everything anyway if they want to add any project with stable value they need the license of fiat casino as well because the value is same as USD so they need both the license if they are operating from regulatory region.

This is the only option for ETH to stay on the market. If the project ceases to meet the user's request, then they refuse it. I doubt there are many users willing to pay tens of dollars for each transfer. And I doubt that every project will be able to repeat the path of bitcoin - to move from a payment system to "storing value".

Casinos really require to have a license before an operation, I don't know with stable coins but they're just the same as other cryptocurrencies. What's important for the license is their operation and they're licensed to operate from the government and as well as the gaming license.

Bitcoin has grown to that extent that need to be protected from rustling, this has achieve more prestige that anyone who is holding it should be counted lucky. Ethereum has one of the most ridiculous fess charges and no one would dear to gamble with it, but the likes of some good fast transaction coins should be embrace into gambling such as TRON, RIPPLE and BNB in my suggestion.

When it comes to those coins availability then we can mostly seen these coins already on most platforms here on the market where they do add up other than bitcoin or eth

which does currently have some problems when it comes to fees where not all gamblers would really be agreed upon thats why we do have alternatives on using some cheap alts
for us to play gambling without minding much about the fees you are paying on.
For a new gambling site then they should follow up on what those old sites been doing which i can see it to be already the standard stuff.

I think currently TRX is unbeatable.
Especially in terms of transaction costs.

BNB is also good and Litecoin anyway.
DOGE is also cheap. Otherwise I would recommend ADA, DOT and EOS.

XRP is possibly also an alternative...

BTC and ETH are the same, they've became high in fees due to the situation of the crypto market. Those three that you have mentioned shall be added by these that have been mentioned:
Many would probably hate TRX and XRP but they're helpful in times where fees for btc and eth are high.

Well, in terms of token transactions, you can already call ETH more expensive....

BTC fees fluctuate a lot and you can also send cheap from time to time!

Yeah, it is what everyone is talking about for ETH until the proposed solution will come.
It does but if the gambler sends it and look at its USD value, he might consider it not cheap.

This is what i had observed about fee fluctuations where ETH does really have a problem in regards to that matter.It doesnt really go down that fast unlike in Btc.
It might have some surge or fee increase but it doesnt really last long and when the network isnt already congested then you can make out transactions which
can be done on paying up only less a dollar but still Eth is struggling to take it down.I dont know whats the problem of this one.
I had long time ago skip on using Eth though and it would be more worth on using doge or trx instead.

Those alts that you mentioned are actually good alternatives for btc and eth. Now, BNB is also being introduced in gambling sites. EOS is actually great also as the fees are really that cheap. And it is much better if the casino has their own internal exchange, as you can convert your coins such as btc or eth into alts with lower withdrawal fees. Also, I found out that if the site is also supporting USDT (TRC20), this stablecoin has very minimal fees.

When it comes to fund deposit on gambling, people never think about the fee and all. Most of the time users deposit fund on Gambling site when the user experience continued loss. To recover the loss the user makes deposit. This will be known by the sites and the deposits were confirmed faster with reduced transaction fee. Different users have different views, but in my experience When a gambler is depositing fund with the urge of recovering will never think about the transaction fee.

It's not just those who are desperate of recovering their funds.

But on the other side, which is those who experiencing continuous winning, also feel the same since why should they stopped if they are winning.

A gambler is a gambler no matter what. These fees might be hurting them but not a reason to distract them from doing gambling.

When you do have big capital or not someone who do have small capital to play gambling then you wouldnt really be bothering yourself on fees.Even if it would reach out a hundred
per transaction then you wouldnt really care if you are a paying up that thing but for those  who are playing with small limited funds then its not really appealing at all.
People would always find out the best alternative or way which they can lessen out the fees for them to play without any minding or hesitance due to fees.

Most of time, the urgency of trying to recover back those losses leads gamblers not to look for this high fees, they are aggressive as they wanted to quickly recover those fund.

Rushing and not to think about anything very common to those gamblers, though not just those who are trying to recover
but there are also gamblers who continue to use whatever coin they'll love to use even the fees is high.

This is great, we all know that the majority of gamblers do so with bitcoin or ethereum but there are other gamblers out there that because they do not have large amounts of money to bet they use coins like dogecoin to save themselves money on the fees, so casinos need to make an effort to accommodate them because if they do not then those gamblers will simply move to other casinos that will and you do not want to lose customers for such a reason.

Hi!!

Now on Futuur you can bet with BTC, Ethereum, Litecoin, Bitcoin Cash, Dogecoin and Tron!  8)

See you in the forecasts

BNB, DOGE, LTC.

BNB because it is the token of the world's bigest crypto exchange.
Doge because it is the meme king.
LTC because it has an established fan base. Old and good.

There are certainly some other coins worth mentioning but these are my 3 favorite alts when it comes to cheap transactions.

I'll take this thread to say that one of the biggest constraints when using cryptocurrencies in casinos has to do with volatility, it's happened to me several times that I win some games but then the altcoin price drops a lot and my profit gets reduced due to the price drop of altcoin, of course when the price of altcoin increases a lot we also benefit from said increase. for withdrawals I use Litecoin and Bitcoin (yes I know bitcoin has high fees)

The best option for me is Tron I'm using it on all the casinos I'm playing and this is the coin that I request to be added and on a new site I always check if there is Tron in their option, it's fast and cheap, everything you're looking for a coin is here, especially if you are not a big bettor.
I can also easily trade it in our local currency because our local exchange has Tron on their list.

When it comes to fees then TRX XRP and EOS would be always be my main bet yet they are fast and very cheap without minding about delayed deposits or withdrawals plus you could really make out some minimal bets and withdraw which I do always prefer the most.

Most of gambling sites does have multiple options or coins accepted which is already been typical because not all would really be preferring on making
use of Bitcoin.

So its up to you on which one you would be comfortable with.

I think that you should probably consider accepting a wide variety of coins so that even if one network gets congested you've still got backup.

I'd say that you should look into accepting SOL, IOTA and LTC.

Definitely still accept ETH and BTC though because they are going to be your most popular coins, but they become pretty much unusable at times.

There's no data that supports that VIP's are switching from BTC/ETH to other altcoins majority of them don't mind the fees as long as it will not go 10% or higher than what they are sending, only small bettors prefer altcoins that are cheap but whales don't mind the fees, casinos are already accepting altcoins, they have done this because they want to cater to as many types of players, they know that different players support various type of coins.

This is the truth, because most of the VIP players were the whales who never take into consideration about the transaction fee. Every cryptocurrency accepted gambling house have got more number of cryptocurrency to be used according to the convenience. This makes it more easy usable according to their need than thinking about the transaction cost.

Myself used to switch from one cryptocurrency to another when I never experience good winning. This means I try the luck through different cryptocurrency usage.

This is just my personal opinion but doesn't most transactions of casinos come from the majority of the users that aren't VIP level? Plus, even without the consideration of transaction fees, I reckon players would much like to use one that is much easier and faster in terms of transactions (and for the rich people, fees being low should be a kind of plus I suppose?). And having a wide range of cryptos available for that casino invites just that much more number of users, and together with their games, well they have their own solid player base there and then.

But if it's too high, it's already a big deal for most users especially for those who aren't big-time gamblers. I guess it's time to switch to other network if ETH fees are getting higher. They have told us that they would do something about ETH gas fees but I think they still didn't do anything to decrease it. For now, more users are switching to the BNB network.

I would be happy to use Solana coins to deposit gambling sites, but unfortunately I have not met any site that would support SOL. In my opinion using ETH or BTC for deposit is a kind of charity for miners pocket since even wire transfer appears to be cheaper nowadays.

It's probably better to look at it strategically, either you're playing with fun money that you expect to lose so it shouldn't matter or you're playing with some kind of strategy in mind in which case you should look for sites that have a fixed fee so you're going to pay less as a percentage the more you win. Obviously you're very unlikely to make a lot of money long term playing a casino with fixed odds that favor the house, unless you have an iron resolve and get very lucky with a big win. If you're playing with something like a sportsbook it might be more possible to win if you've got a talent for spotting profitable and "easy" wins to increase your bankroll.

Solana is very interesting moreover with also very lower transaction fee.' However, this network is still newly very popular and attract so many interests from many parties. that is why gambling sites may still consider about using this.
Moreover they also have other options instead of ERC20, they are likely Tron, XRP, Doge, and also BSC
They commonly have lower transaction fees.
However, ensure that you must choose the right network because once you are wrong, your coins may be lost.

The ethereum developers are doing the best they can to decrease how high the fees are, the problem is that this is not something easy to fix at all if we are talking about transactions on-chain, so until that happens, if it ever happens, then people need to begin to look for alternatives, one of the most popular coins to do this is dogecoin, dogecoin is famous for its cheap and fast transactions and it is accepted in many casinos, however since I do not believe it is a good coin to hold for the long term make sure you are only holding what you need in order to gamble and avoid being affected if the coin happens to crash.

I think gradually all casinos will use the Solana blockchain. Many players prefer to play using stablecoins, and there are more than a billion USDTs in circulation on this blockchain, and this figure is likely to grow. I am sure that most of the problems with wallets and other things in this blockchain have already been eliminated and gradually everyone will start using it.

^ I think every coin that has a low transaction fee will be good to use in gambling because that is what they are looking for, for me before, XRP was the best altcoin when it comes transferring into the gambling casino because it has a faster transaction and is very cheap.
I don't know technically about Solana but I have heard that the blockchain network of this coin is not yet congested so I think any payment method is good in a non-congested coin. Not like BTC and ETH.

Though it's new in the market, it's already in the top 5 in the market, so they can list it since it has good liquidity with billions of dollars in trading volume, so it's easy for gamblers to trade their Solana coin when they want to cash out. Personally, I have not used SOL for my gambling needs yet, been using XRP for a while now.