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Author Topic: Which cryptocurrency do you use for gambling frequently?  (Read 628 times)
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April 11, 2020, 03:09:49 AM
 #141

I am using eth and xrp. Since I am using a wallet that I can send directly these cryptocurrencies to the gambling site that I currently use. The transaction fees are also low and it is much faster than using bitcoin.
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April 11, 2020, 04:49:03 AM
 #142

If this thread is a polling thread, we will be able to find out more about which cryptocurrency is widely used by gamblers on gambling sites. But unfortunately this thread is only for soliciting opinions and if to find out which cryptocurrency is the most widely used gambler, then one must collect data from user responses so that conclusions can be drawn.



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April 11, 2020, 06:36:14 AM
 #143

I am using eth and xrp. Since I am using a wallet that I can send directly these cryptocurrencies to the gambling site that I currently use.
All wallets do this.

You can send directly to casinos wallet addresses without any intervention unless you will send it first to a different address, a not casino address.



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April 11, 2020, 07:27:17 AM
 #144

Everyone who had gambled online using cryptocurrency would have always started with Bitcoin. As it is widely accepted than any other cryptocurrencies. I also did the same but slowly Bitcoin casino started adding other cryptocurrencies like tron, ripple, Ethereum BCH and dogecoin.

I found this fascinating and started using doge and tron for a change. There are many plus point on using other cryptocurrencies and one of the major one is that it does not hurt your pocket as much as it did with Bitcoin.

With the passage of time, the gambling industry will start to accept more cryptocurrencies and more altcoins as the crypto becomes more popular and legalized. Currently we do not have much options to choose other than bitcoins and few other altcoins. I think in future we might see top 20 altcoins being listed on most of gambling sites too.

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April 11, 2020, 04:13:40 PM
 #145

Bitcoin only...
I never tried gambling with other cryptocurrencies other than Bitcoin, by only doing transactions with Bitcoin, it makes me focus. I make a deposit with Bitcoin, if I convert it to another cryptocurrency like Eth then there will be more costs that I have to spend.



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April 11, 2020, 04:23:03 PM
 #146

In my early times in gambling, I use bitcoin,
But right now, I am using ETH. We have a local wallet which we can buy eth directly using fiat. By that, I can minimize the transaction fee that I need to spend unlike before and the time I needed to wait has been reduced.

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April 11, 2020, 04:35:57 PM
 #147

Everyone who had gambled online using cryptocurrency would have always started with Bitcoin. As it is widely accepted than any other cryptocurrencies. I also did the same but slowly Bitcoin casino started adding other cryptocurrencies like tron, ripple, Ethereum BCH and dogecoin.

I found this fascinating and started using doge and tron for a change. There are many plus point on using other cryptocurrencies and one of the major one is that it does not hurt your pocket as much as it did with Bitcoin.

I don't like the idea betting with Bitcoin.
In my opinion, I feel like that there is huge losses when you bet with Bitcoin because once you lose your stacks you are going to lose more money due to the potentially of the value increase.
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April 11, 2020, 05:08:18 PM
 #148

I don't use other cryptocurrencies than Bitcoin to gamble because that's almost all that I own. I don't buy altcoins these days and don't use them. There's no point IMO.
That said, I have used other cryptos to gamble in the past when they were given to me for free by casinos as bonuses. I have used BCH, ETH and doge, but as you know free money is easily spent.

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April 11, 2020, 08:57:30 PM
 #149

We need to see what are the currencies are accepted on the gambling site we choose to play for because of most gambling sites have bitcoin and other few currencies as accepted. Basically there is no issue with gambling on stable coins but if you won billions in stable coins and wanted to cash out on any exchange you may face issues regarding KYC and others so stick with bitcoin so you can convert them into money if you won in millions. Grin

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April 11, 2020, 09:28:49 PM
 #150

We need to see what are the currencies are accepted on the gambling site we choose to play for because of most gambling sites have bitcoin and other few currencies as accepted. Basically there is no issue with gambling on stable coins but if you won billions in stable coins and wanted to cash out on any exchange you may face issues regarding KYC and others so stick with bitcoin so you can convert them into money if you won in millions. Grin
Well thats an another story if you do win up stablecoins but i do only see a few who do accept stable coins atm yet most of them do really have that common payment of BTC and other top alts as well.
When it comes on my gambling activity it do really indeed vary on whats the site is requiring but if i dont have a specific coin that they do ask out then i do simply skip out yet sometimes
i dont really like the feeling on spending up some btc but rather do like to play up some doge.This is why i do much prefer on some sites that do have internal converter to other crypto coins as well.

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April 11, 2020, 09:59:35 PM
 #151

We need to see what are the currencies are accepted on the gambling site we choose to play for because of most gambling sites have bitcoin and other few currencies as accepted. Basically there is no issue with gambling on stable coins but if you won billions in stable coins and wanted to cash out on any exchange you may face issues regarding KYC and others so stick with bitcoin so you can convert them into money if you won in millions. Grin
Well thats an another story if you do win up stablecoins but i do only see a few who do accept stable coins atm yet most of them do really have that common payment of BTC and other top alts as well.
When it comes on my gambling activity it do really indeed vary on whats the site is requiring but if i dont have a specific coin that they do ask out then i do simply skip out yet sometimes
i dont really like the feeling on spending up some btc but rather do like to play up some doge.This is why i do much prefer on some sites that do have internal converter to other crypto coins as well.

Internal converters actually is a good feature of a casino. Also, when you decide to withdraw your funds, you can select options other than bitcoin. And while you are playing inside the casino, you feel you have a lot more money if you have doge, based on my experience though.  Wink

Anyway, if you won large sum of stable coins inside a casino, you can always convert to other alt like eth or btc or whatever is available within the casino that will not cause you any trouble in withdrawing your funds.
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April 12, 2020, 07:59:40 AM
 #152

I frequently use bitcoin in playing gambling in a crypto casino because i could it in my investment if i can win a huge amount of profit, and most crypto casino are accepting bitcoin as payment that is why it is much better if i only bitcoin instead of other cryptocurrencies.

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May 13, 2020, 06:51:32 PM
 #153

I frequently use bitcoin in playing gambling in a crypto casino because i could it in my investment if i can win a huge amount of profit, and most crypto casino are accepting bitcoin as payment that is why it is much better if i only bitcoin instead of other cryptocurrencies.
Gambling frequently with bitcoin and waiting for the chance to win big in other to use the BTC as investment is not right because bitcoin have more utility and value than other crypto. Besides, it not even proper at this time and it better to gamble using altcoin like doge which will give you the chance to play more games.

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May 13, 2020, 09:45:49 PM
 #154

I have periods, current period is poker and slots with btc! But generally I tried almost alts that are accepted in casinos, it's good to change chains and casinos sometimes. I can say that it's easy to gamble with crypto, it's instant and without some unnecessary complicated registration! I was surprised how easy is to gamble on tron, or eos and their casinos, in built wallets, no names no nothing, you just transfer coins, which last couple seconds and you can start gambling.
Now with so many coins and casinos sometimes it's really hard to choose where to gamble! Currently, I play poker on SwC, and slots on adrenalinecasino, of course more poker less slots!

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