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Author Topic: Gambling with Fiat or Crypto?  (Read 3051 times)
uneng
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November 18, 2019, 03:05:41 AM
 #81

For me crypto gambling is the best option. Despite its volatility I can avoid a lot of fees I would have to pay through fiat gambling. As we can convert crypto to fiat anytime, the main issue that is volatility can also be avoided.
Furthermore it's much faster to start playing at different crypto gambling sites than playing at fiat casino sites which will ask for a lot of informations, confirmations and don't expect the registration happens smoothly.

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November 18, 2019, 03:28:32 AM
 #82

since the moment i found cryptocurrency casinos?i never tried to play in Fiat(of course Real casinos dont include here as there is only few in my country that accepts Crypto)the thing is why should i need to use fiat when i can easily convert the fiat into crypto and use to play?so the chance of making more profit when volatility favors me is indeed?

so its Crypto and no to Fiat.

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November 18, 2019, 11:17:38 AM
 #83

What's best for gambling online? Crypto or Fiat? As for me, I'd rather go full crypto than Fiat for many obvious reasons. Crypto may be extremely volatile, but it's anonymous (depending on the coin) and censorship-resistant. Fiat may bring convenience to people that are not tech-savvy enough to understand crypto, but it can easily be traced by worldwide governments.

Crypto enables online casinos to perform their operations in a somewhat anonymous fashion. Both the gambler and the owner benefits from this. But I understand that crypto is still not accepted at physical casinos. In this regard, Fiat is the winner.

Nonetheless, what are your thoughts? Huh

Crypto has already conquered the online gambling, offline gambling will soon come after this, I prefer gambling with Crypto than Fiat whether online or offline, but right now I can only do it through online gambling, it's more convenient and I can trace if my deposit and withdrawal have arrived.

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November 18, 2019, 11:45:31 AM
 #84

Anyone who gamble online knows that cryptocurrencies are better and easier to use. Easy and fast deposits, same as withdrawals, there are no bothering about KYC, cards, documents, and many other things that drives us crazy!
When I started with online gambling it was a pain in the ass for me to deposit and withdraw money, with cryptocurrencies everything was so easy and simple. I will never return to fiat online gambling!



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November 18, 2019, 12:09:45 PM
 #85

I like gambling with crypto but the last I checked the anonymous was not only the reason some people chose to use the crypto gambling site because there is still some crypto gambling site that requires KYC from their customers when huge winning or withdraws is involved and people still use them.
I think the major reason why people choose the crypto gambling site is the ease of gambling and almost instant withdraw despite the cheap transaction fee.

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November 18, 2019, 12:16:02 PM
 #86

What's best for gambling online? Crypto or Fiat? As for me, I'd rather go full crypto than Fiat for many obvious reasons. Crypto may be extremely volatile, but it's anonymous (depending on the coin) and censorship-resistant. Fiat may bring convenience to people that are not tech-savvy enough to understand crypto, but it can easily be traced by worldwide governments.

Crypto enables online casinos to perform their operations in a somewhat anonymous fashion. Both the gambler and the owner benefits from this. But I understand that crypto is still not accepted at physical casinos. In this regard, Fiat is the winner.

Nonetheless, what are your thoughts? Huh

For a long-time user of the crypto and the fiat, I prefer to use the use of cryptocurrency for gambling because the price of the crypto is very volatile every time the price goes up, and you can also earn more profit on every time. You can also make more earn extra money in using crypto in gambling because there are a lot of websites or platforms that support the use of the cryptos as a payment or wage because it is less hassle to transfer than the fiat. The fiat is a government handled and the value are fixed, and the government also have the authority to monitor where you put or uses your money it recorded all of the transaction you made.

Gambling with crypto is more comfortable than doing the same with fiat. The process involved is big, and that requires patience to fulfill all the necessities required from the banking end. With crypto these days websites have got inbuilt wallets for majority of the cryptocurrencies in the top order. I prefer to play with bitcoin, ethereum and xrp.

It is easy to play gambling if you use the crypto because there is no so much information and verification needed to transfer your money into that platform or websites you use. In fiat, all of the transactions you made are recorded and monitored. Still, it was good too because you know what happened to your money if you gain profit or not.

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November 18, 2019, 12:16:41 PM
 #87

I like gambling with crypto but the last I checked the anonymous was not only the reason some people chose to use the crypto gambling site because there is still some crypto gambling site that requires KYC from their customers when huge winning or withdraws is involved and people still use them.
I think the major reason why people choose the crypto gambling site is the ease of gambling and almost instant withdraw despite the cheap transaction fee.

one of the things I like gambling to use crypto is anonymous, because if gambling using fiat in my country is too dangerous, I could go to jail. on the other hand, the ease of using crypto is very instant, like when I gamble on DirectBet. yes I do not like it, currently there are so many kyc systems in the crypto world, whereas initially I used crypto because it was anonymous.

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November 18, 2019, 12:16:51 PM
 #88

Crypto for sure, If the volatility is the only concern in crypto then just use stable coin whenever you have done in gambling for the day and just convert it back again to crypto that whatever you desired to use in gambling.
I do this often times when I'm tight with funds and using my personal earnings in FIAT to convert to crypto for gambling. Using fiat to play online gambling is really hassle. All online casino that accepting fiat
needs a document about you so that they comply on the law. Some country prohibits online gambling too so it's very hard to find a legit casino that accepting fiat.
You are right mate, crypto is surely the Best and I think volatility shouldn’t even be an issue of concern. Everyone gambling with crypto should be familiar with its volatility attribute. The only challenge I am personally having with crypto now is the fact a lot of crypto sites are now asking for KYC. This is really disturbing and I hope something is done about it very soon because I believe that could scare alot of players away but in anyway, it is still better than fiat.

I have never gambled with fiat, I became a gambler using cryptocurrency but from everything I have read about fiat and in comparism to crypto, and in recalling how I got introduced to gambling, we would admit that crypto gambling is most definitely the best.
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November 18, 2019, 12:17:56 PM
 #89

Honestly, gambling using fiat or crypto doesn't really matter for me.

The important things went i doing a gamble not from which currency i use to do a gamble, but how i can manage the fund and split to each category for a martingale system. Since i don't to be track went do a gamble, at least they withdrawal/deposit system using a cryptocurrency for the balance currency at the games FIAT/Crypto i don't really care.

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November 18, 2019, 12:27:18 PM
 #90

Anyone who gamble online knows that cryptocurrencies are better and easier to use. Easy and fast deposits, same as withdrawals, there are no bothering about KYC, cards, documents, and many other things that drives us crazy!
When I started with online gambling it was a pain in the ass for me to deposit and withdraw money, with cryptocurrencies everything was so easy and simple. I will never return to fiat online gambling!
You're right about the convenience part and the fast withdraw part to be one of the basic reasons why most gamblers like crypto gambling sites but the last I checked there are still some crypto gambling sites that also bothered their site users with the KYC procedure sometimes when the players are winning.




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November 18, 2019, 01:16:07 PM
 #91

Yeah, because I like to take advantage of existing technology, so I'm very happy with online gambling, not gambling using fiat which is done somewhere. Because if gambling uses fiat somewhere, it becomes a bad sight for every eye in my place. If online gambling uses crypto, then people don't know that every day we are gambling, because online gambling can be done anytime and at our own homes. This is very fun because it's more privacy.

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November 18, 2019, 01:21:14 PM
 #92

For me crypto gambling is the best option. Despite its volatility I can avoid a lot of fees I would have to pay through fiat gambling. As we can convert crypto to fiat anytime, the main issue that is volatility can also be avoided.
Furthermore it's much faster to start playing at different crypto gambling sites than playing at fiat casino sites which will ask for a lot of informations, confirmations and don't expect the registration happens smoothly.

That's advantageous when a person who used to participate in gambling using crypto is knowledgeable on this field of digital currency. I think there were still few people who were aware of betting with the use of crypto like bitcoin and ethereum, most of them are particular with fiat as a mode of their gambling investments.
However, we really don't know how they appreciate the goodness and positive effect on them if they experience the comfort that virtual money can provide them in a long period of time. It can be good or bad, depending on the ways of handling their funds.

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November 18, 2019, 01:49:32 PM
 #93

What's best for gambling online? Crypto or Fiat? As for me, I'd rather go full crypto than Fiat for many obvious reasons. Crypto may be extremely volatile, but it's anonymous (depending on the coin) and censorship-resistant. Fiat may bring convenience to people that are not tech-savvy enough to understand crypto, but it can easily be traced by worldwide governments.

Crypto enables online casinos to perform their operations in a somewhat anonymous fashion. Both the gambler and the owner benefits from this. But I understand that crypto is still not accepted at physical casinos. In this regard, Fiat is the winner.

Nonetheless, what are your thoughts? Huh
This had been asked for how many times and its no brainer that most people here on this forum would prefer crypto over fiat.
Yet we do know the things on what crypto can do when it comes to online fund transfers which as ease of few clicks then
youre good to go.Not only only with fast transaction but also its anonymous which doesnt require any kyc for you to play which is
the biggest thing why most gamblers online do prefer this one.

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November 18, 2019, 01:53:19 PM
 #94

I did gamble use crypto more than fiat gamble and i do not have any plan to switch my habit because crypto gambling offering gamble can do everywhere even without leaving my room i still can gamble but indeed with gamble use crypto we can't meet our opponents while gamble but it doesn't matter for me and one of my main reasons to gambling use crypto because i couldn't find land based casino in my country

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November 18, 2019, 04:17:25 PM
 #95

Gamble with fiat? Nah... I won't use fiat because it is involved physical and it will revealed my identity which I am afraid because gambling was strictly prohibited from my religion. Why I still gamble? Because since I am at the age of teens, my habit was in online gambling and I am always in my room facing in my laptop and other gadgets playing online games and etc. After knowing crypto, I started to gamble and until now I did not leave it. So, I prefer to gamble with crypto than fiat.
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November 18, 2019, 04:39:59 PM
 #96

It doesn't matter for me if I'm using crypto or fiat, once I have spare money I will always gamble. When I'm in the live casino, of course, I'm using my fiat to buy chips and gamble. Sitting in the table and play poker but when I was in my home, I prefer to use crypto when I'm going to gamble online. Both currencies I used and that was not a big deal for me. But I noticed from my friends who also love to gamble they are now using crypto and rarely to go to a live casino.

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November 18, 2019, 04:48:49 PM
 #97

For me crypto gambling is the best option. Despite its volatility I can avoid a lot of fees I would have to pay through fiat gambling. As we can convert crypto to fiat anytime, the main issue that is volatility can also be avoided.
Furthermore it's much faster to start playing at different crypto gambling sites than playing at fiat casino sites which will ask for a lot of informations, confirmations and don't expect the registration happens smoothly.

That's advantageous when a person who used to participate in gambling using crypto is knowledgeable on this field of digital currency. I think there were still few people who were aware of betting with the use of crypto like bitcoin and ethereum, most of them are particular with fiat as a mode of their gambling investments.
That is actually true. Fiat casinos are much more popular yet, not because their features and payment mechanism are better than crypto casinos, but because the crypto currency public is still small compared to the total number of gamblers on the internet.
I can see a fiat casino site like betsson ranks at #11,600 in global internet engagement, while a popular crypto casino like fortunejack ranks at #87,101 (alexa ranking). I ask myself if these gamblers have never heard of crypto currency before...

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November 18, 2019, 05:04:53 PM
 #98

What's best for gambling online? Crypto or Fiat? As for me, I'd rather go full crypto than Fiat for many obvious reasons. Crypto may be extremely volatile, but it's anonymous (depending on the coin) and censorship-resistant. Fiat may bring convenience to people that are not tech-savvy enough to understand crypto, but it can easily be traced by worldwide governments.

Crypto enables online casinos to perform their operations in a somewhat anonymous fashion. Both the gambler and the owner benefits from this. But I understand that crypto is still not accepted at physical casinos. In this regard, Fiat is the winner.

Nonetheless, what are your thoughts? Huh
I mostly play in a crypto gambling site rather than at the casino, that is why it is much better to play with your cryptocurrency like bitcoin because it is very convenient for me to used digital currency rather than real money, and there is a chance to increased your profit if the coin that you gamble have increased it's value.



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Rainbot
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barbara44
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November 18, 2019, 08:39:48 PM
 #99

Crypto is much better for betting, and if you find good place for betting with no kyc that is even better.
I am not a fan of all the paper work and sending my personal identification to everyone
Crypto has always been the best option for gambling until the recent introduction of KYC and I must confess that finding a non KYC demanding site to play these days has really been difficult and it’s kind of frustrating. It makes it not in any way different from Fiat.

I always enjoyed gambling with cryptocurrency especially for the comfort, security and the volatility which even makes it much more interesting but at the moment, I am considering trying out fiat, maybe I would only learn to cope with the non-privacy option of which I have gradually adapted from some casino site. I still can’t imagine how I cope submitting all my personal details on different casino site for over a period of 2 years now. It’s weird I must say and this has prepared my mind for fiat gambling which also isn’t a bad option.
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November 18, 2019, 08:53:13 PM
 #100

Playing fiat online is no longer a thing for me. With the huge amount of casinos right now, I don't think that I'll go back playing with a fiat casino anymore unless I visit a physical one.

Everyone is into crypto gambling because we have been introduced here.

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