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Author Topic: Why there are no Stable coin gambling sites?  (Read 607 times)
Kong Hey Pakboy
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May 27, 2020, 07:51:41 AM
 #61

It is unusual for a gambling site that accepts stable coins like USDT and DAI. But if you are looking for a online gambling site that uses a stable coin, so you could easily exchange both fiat currency and cryptocurrency. Why won't you find a online gambling site that accepts fiat currency because stable coin has no difference with fiat currency.

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May 27, 2020, 08:39:02 AM
 #62

I don't know what their reason is but what I know is almost all of the gambling site that I played only have bitcoin and altcoin to be used for gamble. Maybe they will use USDT or USD or another stable coin someday, but for now, we don't have to feel sad if we don't see a gambling site don't have USDT or another stable coin at their site.

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May 27, 2020, 09:12:24 AM
 #63

I don't know what their reason is but what I know is almost all of the gambling site that I played only have bitcoin and altcoin to be used for gamble. Maybe they will use USDT or USD or another stable coin someday, but for now, we don't have to feel sad if we don't see a gambling site don't have USDT or another stable coin at their site.

no reason to feel sad because crypto was all about btc and alts anyways   . usdt are just extra and not really that important imo  . one of the reason i  think is that casinos wants an excitement and they dont want people to convert thier funds to a stable coin   .

thats more better because volatility is also like gambling   .  people still have the option to withdrew and  convert thier coins if they feel scared of the volatility even without the help of stable coins
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May 27, 2020, 09:36:38 AM
 #64

I don't know what their reason is but what I know is almost all of the gambling site that I played only have bitcoin and altcoin to be used for gamble. Maybe they will use USDT or USD or another stable coin someday, but for now, we don't have to feel sad if we don't see a gambling site don't have USDT or another stable coin at their site.
I tried to look at some casinos and found that USDT actually accepted on bitcasino.io, bitcoincasino.io, cloudbet.com, etc., I'm not vouching for these sites to be legit though, just perhaps these sites are not as popular as the one that only accepts crypto (BTC, ETH, BCH).

I'd rather play with TRX or XRP anyway since it is cheaper and faster.

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May 27, 2020, 09:43:03 AM
 #65

I don't know what their reason is but what I know is almost all of the gambling site that I played only have bitcoin and altcoin to be used for gamble. Maybe they will use USDT or USD or another stable coin someday, but for now, we don't have to feel sad if we don't see a gambling site don't have USDT or another stable coin at their site.
I tried to look at some casinos and found that USDT actually accepted on bitcasino.io, bitcoincasino.io, cloudbet.com, etc., I'm not vouching for these sites to be legit though, just perhaps these sites are not as popular as the one that only accepts crypto (BTC, ETH, BCH).

I'd rather play with TRX or XRP anyway since it is cheaper and faster.

Two sites in bold are popular, they have been operating since years ago and I believe they are legit casinos (not sure about bitcoincasino.io).
The idea of playing with stable coin is about its price. Some gamblers are worrying to see their cryptos dropped down signficantly in just short period of time.

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