Interview with Stake.com CEO Reveals Plans for Tether Betting + New Games.

[nakamura12]

It could be useful when the same site also have this feature where you can exchange the coins you own to other coins you want. I have tried exchanging to other coins on a dice site when I really don't like the fee deducted to your balance when you withdraw so I exchange my btc to eth then withdraw with less fee and saves me a lot.

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[StephenJH]

Having different available deposit options will be better than only BTC or altcoins deposits, maybe in the future fiat deposits will be another choice for the Stake platform. After adding sports betting, the Stake became a new alternative for high rollers and they can now take advantage of betting on juicy odds, unlike Nitrogen which loses reputation every day.

In addition to the several altcoins available the betting markets are just far better in Stake. Nitrogen is slowly failing because they remain outdated with their markets mostly limited to just handicaps, totals and moneylines.

Nitrogen is slowly squeezed out of the betting market and the downgrade is possible among crypto gamblers after all the past dramas. The slow fall will be the new opportunities for the new brands included Stake and other anonymous betting market alternative websites.

It could be useful when the same site also have this feature where you can exchange the coins you own to other coins you want. I have tried exchanging to other coins on a dice site when I really don't like the fee deducted to your balance when you withdraw so I exchange my btc to eth then withdraw with less fee and saves me a lot.

The stake has the third-party API for this purpose, AFAIK. You can deposit the altcoins and get the BTC on Stake thanks to the available instant exchange platforms. But the rates will be lower than average market prices.

[TheUltraElite]

I mean like having a feature for converting your coin to another coin and switching over to the coin with the new value... more like what crypto instant exchanges do. I guess such exchanging feature could be built into a betting site or you could use an existing instant exchange on the site via api or something.

Adding an exchange system is a different game altogether, so reasonably it is not possible for them. However they give the chance of depositing using altcoins and getting bitcoins of equivalent amount in your account using a third party service Coinswitch. Of course it is not what an exchange is but started to tide over the problem of bitcoin fees being big during congested network times.

Stablecoins may be added, as said, so it is not going to happen right away. The article as I have said, is a clickbait and I dont trust random interviews just like that because IMO they are all made to promote their own site and get more traffic there, just like any other mainstream news portal. Only the stablecoin shills are going to get happy about it.

[BitcoinTurk]

It could be useful when the same site also have this feature where you can exchange the coins you own to other coins you want. I have tried exchanging to other coins on a dice site when I really don't like the fee deducted to your balance when you withdraw so I exchange my btc to eth then withdraw with less fee and saves me a lot.

Certainly, it is a very important factor that it provides all the possibilities of the service it provides to its users instead of just providing this service. In particular, if I think that the website that provides this service is reliable in the industry, I think that many users will use this service and that the website can earn extra income with appropriate commissions. In this way, both the users will not provide convenience and the website will generate extra income. Moreover, just because of this ease, many gamblers will prefer to use this website.

[Saint-loup]

It could be useful when the same site also have this feature where you can exchange the coins you own to other coins you want. I have tried exchanging to other coins on a dice site when I really don't like the fee deducted to your balance when you withdraw so I exchange my btc to eth then withdraw with less fee and saves me a lot.

Certainly, it is a very important factor that it provides all the possibilities of the service it provides to its users instead of just providing this service. In particular, if I think that the website that provides this service is reliable in the industry, I think that many users will use this service and that the website can earn extra income with appropriate commissions. In this way, both the users will not provide convenience and the website will generate extra income. Moreover, just because of this ease, many gamblers will prefer to use this website.

I'm not sure about that. Because the BTC and the Ethereum blockchains are currently very congested and expensive in fees. So if Stake uses the original Tether on Omni or the clone on Ethereum it won't be usable for many people. Only the Tron and EOS versions would be interesting for most of users IMO.

[imstillthebest]

It could be useful when the same site also have this feature where you can exchange the coins you own to other coins you want. I have tried exchanging to other coins on a dice site when I really don't like the fee deducted to your balance when you withdraw so I exchange my btc to eth then withdraw with less fee and saves me a lot.

Certainly, it is a very important factor that it provides all the possibilities of the service it provides to its users instead of just providing this service. In particular, if I think that the website that provides this service is reliable in the industry, I think that many users will use this service and that the website can earn extra income with appropriate commissions. In this way, both the users will not provide convenience and the website will generate extra income. Moreover, just because of this ease, many gamblers will prefer to use this website.

I'm not sure about that. Because the BTC and the Ethereum blockchains are currently very congested and expensive in fees. So if Stake uses the original Tether on Omni or the clone on Ethereum it won't be usable for many people. Only the Tron and EOS versions would be interesting for most of users IMO.

i didnt know that tether has many versions , thanks for the info  . i thought there is only one tether . im not familiar with omni but clone is something that i dont like , ill stick on tron and eos . to @bitcointurk . they already have that feature , you can exchange your coins to other coins by paying some fees but the fee can be reduced when you use codes  ,  more info can be provided on thier site .  eth now is expensive in price and many are complaining for high withdrawal fees so i dont recomend eth or btc atm

[erikoy]

It could be useful when the same site also have this feature where you can exchange the coins you own to other coins you want. I have tried exchanging to other coins on a dice site when I really don't like the fee deducted to your balance when you withdraw so I exchange my btc to eth then withdraw with less fee and saves me a lot.

Certainly, it is a very important factor that it provides all the possibilities of the service it provides to its users instead of just providing this service. In particular, if I think that the website that provides this service is reliable in the industry, I think that many users will use this service and that the website can earn extra income with appropriate commissions. In this way, both the users will not provide convenience and the website will generate extra income. Moreover, just because of this ease, many gamblers will prefer to use this website.

I'm not sure about that. Because the BTC and the Ethereum blockchains are currently very congested and expensive in fees. So if Stake uses the original Tether on Omni or the clone on Ethereum it won't be usable for many people. Only the Tron and EOS versions would be interesting for most of users IMO.

i didnt know that tether has many versions , thanks for the info  . i thought there is only one tether . im not familiar with omni but clone is something that i dont like , ill stick on tron and eos . to @bitcointurk . they already have that feature , you can exchange your coins to other coins by paying some fees but the fee can be reduced when you use codes  ,  more info can be provided on thier site .  eth now is expensive in price and many are complaining for high withdrawal fees so i dont recomend eth or btc atm

Well in my speculation is that there is a high chance that btc and eth will reach the ATH for mostly others will hold due to high transaction fee. Traders also will less likely to do these coins a day trade so most of the graph will show that eth and btc are continue to grow time after time. I guess there is a plan to reach bitcoin and eth to higher market price. Well it is just a little bit way to hold these crypto because whether we like or not most of the users holding these crypto will likely to exchange it especially if their needs arises and short on financially.

[Shasha80]

Of course the positive thing for Stake.com is that it plans to add new games and also provides a gambling option using USDT.
This is something that rarely happens in online casinos to include stable coins as a gambling option. But for me not a positive
thing providing USDT in online gambling, because I am not interested in gambling using USDT.

[Pamadar]

Of course the positive thing for Stake.com is that it plans to add new games and also provides a gambling option using USDT.
This is something that rarely happens in online casinos to include stable coins as a gambling option. But for me not a positive
thing providing USDT in online gambling, because I am not interested in gambling using USDT.

You already mentioned the good side but personally you don't want to use it. There's always opinions regarding to this and stake is well aware about it, using USDT gives gamblers who cares about value of their fiats interest to play inside the house.

Those people who are afraid of losing the value of their crypto funds will support this move from Stake.

[Sadlife]

Nobody uses Tether, because its regulated and pegged by the US dollar they should just accept a different Cryptocurrency like chainlink instead of a Stable Coin. New games is kinda typical these days, i guess what im really looking forward for them to do is to create new passive income options in their casino. Like staking your coin then gaining compounding interest. Since they have both casino and sports games why not, become an all in one gambling site. So users wouldn't have to leave.

[Saint-loup]

I'm not sure about that. Because the BTC and the Ethereum blockchains are currently very congested and expensive in fees. So if Stake uses the original Tether on Omni or the clone on Ethereum it won't be usable for many people. Only the Tron and EOS versions would be interesting for most of users IMO.

i didnt know that tether has many versions , thanks for the info  . i thought there is only one tether . im not familiar with omni but clone is something that i dont like , ill stick on tron and eos . to @bitcointurk . they already have that feature , you can exchange your coins to other coins by paying some fees but the fee can be reduced when you use codes  ,  more info can be provided on thier site .  eth now is expensive in price and many are complaining for high withdrawal fees so i dont recomend eth or btc atm

Yes Tether is even on less known blockchain like SLP, Algorand or Liquid.
You can find the amounts on the different blockchains here https://wallet.tether.to/transparency
Omni is the original one but as you can see, now there are more Tethers on Tron and Ethereum blockchains

[kotajikikox]

I guess what i'm really looking forward for them to do is to create new passive income options in their casino. Like staking your coin then gaining compounding interest. Since they have both casino and sports games why not, become an all in one gambling site. So users wouldn't have to leave.

Very good idea that for sure will work in the eyes of both gamblers and someone who are looking for investment.

In part of gamblers they can send portion of their funds to bankroll
while enjoying the games while with investors they can simply
invest their money and wait for passive interest and continue without
joining the actual gambling.

Stake established their name to this business and opening compound
investment is not far to succeed, investors are the one who will come and join them.

[TopTort777]

Of course the positive thing for Stake.com is that it plans to add new games

Plans? Did not they already added hundred of slots games? They plan to add more? Omg... Does hundred of slots, betting and “other old games” are not enough for someone? Or someone is bored with little variety of games? I dont believe in that.

[glowing10]

I guess what i'm really looking forward for them to do is to create new passive income options in their casino. Like staking your coin then gaining compounding interest. Since they have both casino and sports games why not, become an all in one gambling site. So users wouldn't have to leave.

Very good idea that for sure will work in the eyes of both gamblers and someone who are looking for investment.

In part of gamblers they can send portion of their funds to bankroll
while enjoying the games while with investors they can simply
invest their money and wait for passive interest and continue without
joining the actual gambling.

Stake established their name to this business and opening compound
investment is not far to succeed, investors are the one who will come and join them.

It’s going to be real fun to check out with so many games and keep on playing with huge collection so that you are not going to get bored. Also, the investment is going to be a good option in order to spread the income horizon as well and could really be a good passive income if the things turn out to be right.

[Ayiranorea]

Nobody uses Tether, because its regulated and pegged by the US dollar they should just accept a different Cryptocurrency like chainlink instead of a Stable Coin. New games is kinda typical these days, i guess what im really looking forward for them to do is to create new passive income options in their casino. Like staking your coin then gaining compounding interest. Since they have both casino and sports games why not, become an all in one gambling site. So users wouldn't have to leave.

Already stake has got a huge list of cryptocurrencies being added for gambling needs. In specific certain minimum and maximum value was provided, using which one can convert any cryptocurrency to any of the liked coins with which we wish to play. Now to the list USDT is gonna get added, and just because it is begged by the US dollar we can't state it to be unwanted for gambling. For users who place bets in terms of USD it'll be good.

[Quidat]

Nobody uses Tether, because its regulated and pegged by the US dollar they should just accept a different Cryptocurrency like chainlink instead of a Stable Coin. New games is kinda typical these days, i guess what im really looking forward for them to do is to create new passive income options in their casino. Like staking your coin then gaining compounding interest. Since they have both casino and sports games why not, become an all in one gambling site. So users wouldn't have to leave.

Already stake has got a huge list of cryptocurrencies being added for gambling needs. In specific certain minimum and maximum value was provided, using which one can convert any cryptocurrency to any of the liked coins with which we wish to play. Now to the list USDT is gonna get added, and just because it is begged by the US dollar we can't state it to be unwanted for gambling. For users who place bets in terms of USD it'll be good.

The more options the better, hence no one would force you out to make use of USDT since there are lots of coins to choose from on where you do much prefer but we cant really avoid the fact that there are people
who are fan of making use of stable coins into their gambling without sacrificing out their identity not like when they do play directly into a fiat based online casino.Somehow there are really some pros and cons
on using it up but all things will vary or depend on a certain user since not all would having the same thing or mindset.If Stake do add it up then its a good news for those people who do look for this kind of
option if not then just simply skip out.

[lebregone]

They should do it so they can satisfy their customers, the more game that they will add to their platform the more customers that they will get.

It is a simple marketing strategy to almost gambling owners, I am not a Tether fan but this will surely give their customers more choices which is good.

[Mauser]

You're wrong. Gold is stable but fiats aren't anymore.
Most of moneys in the world were pegged to gold only few decades ago...

Gold being up 30% in one year doesn't seem so stable. Gold is still a commodity for crisis so its doing very well during corona, but after the crisis prices should fall again. There is still decent volatility in gold.

Plans? Did not they already added hundred of slots games? They plan to add more? Omg... Does hundred of slots, betting and “other old games” are not enough for someone? Or someone is bored with little variety of games? I dont believe in that.

I am pretty sure they will take out all the old games which people are not playing anymore. It's all about offering something new, even if it's just the old things in new design.

[Saint-loup]

You're wrong. Gold is stable but fiats aren't anymore.
Most of moneys in the world were pegged to gold only few decades ago...

Gold being up 30% in one year doesn't seem so stable. Gold is still a commodity for crisis so its doing very well during corona, but after the crisis prices should fall again. There is still decent volatility in gold.

yes you're right gold isn't very stable anymore but AFAIK it's still more stable and less volatile than most of cryptocurrencies.

[ethereumhunter]

They should do it so they can satisfy their customers, the more game that they will add to their platform the more customers that they will get.

It is a simple marketing strategy to almost gambling owners, I am not a Tether fan but this will surely give their customers more choices which is good.

They will do it if that can satisfy their members. Before they implement the idea, I think they already ask with their members, whether it is a good idea to have Tether as alternate coins besides the existing coin or not. And if the members think that is a good idea, they will give an update to the public to attract more gamblers to play on their site. Before that idea can be applied, they need to prepare everything, so hopefully, there is no problem in the future.