Which cryptocurrency do you use for gambling frequently?

[KrisAlex18]

Well, the cryptocurrency that I mostly used when gambling is bitcoin, well actually that will be the cryptocurrency that will be used by the others if they really want to earn more money in gambling because as far as I know, the higher that value you bet then the higher the reward you may have if you win.

So if you are strong enough and you are believing that can win in gambling then you should use bitcoin to make more money. There is so big differences when you use other cryptocurrency because as we all know there is so big difference between the price of the bitcoin to the price of other cryptocurrency.

[1715667570]

1715667570

[1715667570]

1715667570

[1715667570]

1715667570

[Lanatsa]

With the market declining, it is not wise to gamble with BTC. Especially the transaction fee in using major crypto such as ETH and BTC. That is why gambling platforms with several alternatives such as XRP, DOGE, TRX and other alts is a good attraction for convenience.

But that is only true if you are holding altcoins like those, if you are only holding bitcoin like the majority of the people in the forum then if you want to gamble you have no option but to gamble with bitcoin, since it does not make sense to convert your bitcoin into altcoins since now you need to pay a transaction fee and pay a fee to the exchanges well and finally you will need to pay a transaction fee to transfer your coins to the casino, as such I do not see the point of forcing yourself to gamble with altcoins if you do not have them and you are only holding bitcoin at the moment.

Fees would really be there in terms of conversions from BTC to alts yet we know that there are even gambling sites that do have
on site instant exchange.Therefore, you can still directly convert into those coins you do like but well a been said, people would
most likely to play directly with bitcoin rather than minding theirselves to have conversions from time to time.

Well, the cryptocurrency that I mostly used when gambling is bitcoin, well actually that will be the cryptocurrency that will be used by the others if they really want to earn more money in gambling because as far as I know, the higher that value you bet then the higher the reward you may have if you win.

So if you are strong enough and you are believing that can win in gambling then you should use bitcoin to make more money. There is so big differences when you use other cryptocurrency because as we all know there is so big difference between the price of the bitcoin to the price of other cryptocurrency.

When it comes to long term aspect then bitcoin do really have it but when we do talk on using alts temporarily then it still a considerable act if we do still decide to convert those
alt winnings to btc holdings.

[Kurokonobasuke]

There’s a lot of crypto currency that we can used in gambling but those crypto currency has a high exchange rate and I think as a gambler it is disadvantage if I choose a currency that has a high exchange rate.  For me, I frequently used XRP currency to play gambling because the exchange rate is very affordable so that I loved to used XRP as my medium in playing gambling.

[Vaculin]

There’s a lot of crypto currency that we can used in gambling but those crypto currency has a high exchange rate and I think as a gambler it is disadvantage if I choose a currency that has a high exchange rate. 

I don't see it that way, bitcoin for example has a high exchange rate but it's more stable compared to other crypto assets.
For me what is important is that it has good liquidity so gamblers can easily cash out and cash in anytime.

For me, I frequently used XRP currency to play gambling because the exchange rate is very affordable so that I loved to used XRP as my medium in playing gambling.

XRP also has a good liquidity, but not all gambling sites are accepting XRP.

[Eugenar]

I have played once the online gambling and I use bitcoin because that is only what I have, I did not play it again because it is not that entertaining when playing online compared to casino gambling, I am gambling just to kill time and to be entertained and I can only find it with casino gambling or the real gambling and one of the reason is that some of the gambling sites are not paying well.

[xSkylarx]

XRP and Doge for me. Bitcoin is commonly used however, the transaction fee hurts a lot. Gambling platforms usually has alternative currencies so that gamblers have different options. BTC and ETH are commonly used however, due to the current market situation, I don't think it is wise to use them for gambling.

[DabsPoorVersion]

I am using eth and btc,

The transaction fee for using btc is a little bit higher, so I am using eth most of the time. I am planning to use other type of cryptocurrency such as XRP but for now, I focus using more on eth since the website that I am using is accepting only eth and btc.

[BlackFor3st]

With the retreat in the price of Bitcoin, this question started to come to my mind. I personally mostly like trading with ETH. I think both liquidity and mobility are faster. However, as a result of the price decrease experienced in the previous weeks, we have seen that the balances we tried to earn are rapidly melting against the USD.

I think we need to completely separate the crypto money we buy for investment and the crypto money we use for gambling. Personally, from this point on, I will use as many USDTs as possible for gambling.

Currently I am using BTC in my gambling as I didn't find any decent site that offers other type of currencies like eth,xrp and etc. that have a lower transaction fees. I am really looking for some decent gambling sites that offers those currencies so I can save to transaction fees upon depositing and withdrawing my money.

Aside from that bitcoin also takes few minutes to be confirmed or worst it will take days if you use a very small transaction fee so I really love to use eth or xrp if there are other gambling websites that offers this kind of currencies.

[panjul07]

With the retreat in the price of Bitcoin, this question started to come to my mind. I personally mostly like trading with ETH. I think both liquidity and mobility are faster. However, as a result of the price decrease experienced in the previous weeks, we have seen that the balances we tried to earn are rapidly melting against the USD.

I think we need to completely separate the crypto money we buy for investment and the crypto money we use for gambling. Personally, from this point on, I will use as many USDTs as possible for gambling.

Currently I am using BTC in my gambling as I didn't find any decent site that offers other type of currencies like eth,xrp and etc. that have a lower transaction fees. I am really looking for some decent gambling sites that offers those currencies so I can save to transaction fees upon depositing and withdrawing my money.

Aside from that bitcoin also takes few minutes to be confirmed or worst it will take days if you use a very small transaction fee so I really love to use eth or xrp if there are other gambling websites that offers this kind of currencies.

You must be kidding if you did not find any decent sites that accepts good altcoins like what you mentioned above. How about Stake? Bitsler? Dont you think they are decent sites or havent you tried or even heard about them before?
Both sites accepts eth and xrp if you do like to use these coins, check them out if you havent checked it.

[Genemind]

As much as possible I avoid using cryptocurrncies such as BTC or ETH not just to avoid the fees for transferring to the platform from my wallet and vice versa. I would rather store and accumulate them than to risk it in gambling. If ever I have spare money for gambling I buy XRP since the fee is cheap and transaction is fast.

[Debonaire217]

With the market declining, it is not wise to gamble with BTC. Especially the transaction fee in using major crypto such as ETH and BTC. That is why gambling platforms with several alternatives such as XRP, DOGE, TRX and other alts is a good attraction for convenience.

Indeed correct, but for me, as long as you are buying BTC at rates acceptable and you will win BTC higher than how much you've risked, I think it is acceptable to still use BTC for betting. Unless, BTC transaction fee is too high that it affects the frequency of your bets. But it is not always the case, most of the time, crypto gambling sites will allow you to decide how much you want to bet in order to play decent amount of games and win decent depending on the amount you've bet.

IMO, to play efficiently, we could try to use altcoins that we are not actually using for usual transactions, those that the purpose are merely for gambling, because like trading, some gambling site have their own crypto to use and it provides perks and discounts.

[limazulu]

I usually use Bitcoin when gambling. I always deposit one big amount to save some tax costs. Try looking into Bspin (https://bspin.io/). My experience with them has been great so far.

[panganib999]

No doubt that it is Bitcoin and Ethereum which are mostly being used by many gamblers. This is no longer surprising to know because even in other online services, these two are sitting above other cryptos. I do not exactly know why they are more often used, maybe people are just used to these coins, coinsidering that these are the top cryptos in this industry. But there are still people who do not use these coins to gamble due to investment purposes. They do take care of their holdings and I do sometimes think that gambling is an unnecessary use of my investment, but am still doing it due to the enjoyment I experience. But if I would be asked which should be used, I'd say depending on your own likeness because it would be the same. You can trade your other holdings into Bitcoin or ethereum in order to still take good care of investments but ofcourse it would cost more of your time.

[blockman]

I usually use Bitcoin when gambling. I always deposit one big amount to save some tax costs. Try looking into Bspin (https://bspin.io/). My experience with them has been great so far.

How much you're talking about the big amount?

As much as possible I avoid using cryptocurrncies such as BTC or ETH not just to avoid the fees for transferring to the platform from my wallet and vice versa. I would rather store and accumulate them than to risk it in gambling. If ever I have spare money for gambling I buy XRP since the fee is cheap and transaction is fast.

Accumulating and saving it is what the majority does but it wouldn't hurt you much if you know how to manage your money when you gamble. BTC, ETH or any important altcoin you own, you can gamble them with any amount as long as it's a very small amount.
But most of the casinos are bitcoin-focused if not, prioritizes bitcoin and accepts some other major altcoins.

[3meek]

Of course Bitcoin is the best currency, especially if you win! You can save your winnings and not waste them!
Understand that there are only 21 million bitcoins... And there's less than 3 million left to mine...
I'm sure in a few years your bitcoins will cost more than they do now!

And if you're talking about volatility, then any altocoins will lose value even more than a bitcoin!

[finaleshot2016]

Bitcoin is the most used cryptocurrency for me in gambling. We all know that it's the common and top gambling platform that prioritizes bitcoin as their cryptocurrency. Obviously, bitcoin is the most potential digital money of all times so why would I stick to other cryptocurrencies?

I usually bet in eSports and bitcoin is what I'm using so I can easily transfer those BTC in my local wallet.

[BitSat19]

In start I was using Bitcoin and I use this for very long time without any problem but as withdrawal prices rise and blockchain confirmations appear I try in some different altcoins as well which help some better like Litecoin and Ether as these two have much faster and good response for emergency deposits currently these both are available of many sportsbooks so going with them is never been bad at all for any one.

[pakhitheboss]

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.

[Savemore]

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.

It is the reality that most of us are started to gamble with btc, even now I still using it and I'm now used to it. There are only gambling sites that have feature to accept alternate cryptocurrencies. I'm very comfortable to use bitcoin and that is why I keep doing it even now but the only disadvantages are the fees which is very high because when you use other coin the withdrawal fees are only cheap.

[lienfaye]

I usually gamble using bitcoin because its more convenient for me.

There's no need to trade for other currency and I can directly withdraw it using our local wallet.

I tried to use xrp before because it has low fee but since I rarely gamble now I prefer to use btc everytime im in the mood to play.