Considering huge transaction fees, what coins to support on new gambling site?

[Fortify]

With fees so high, I'm wondering if big gamblers are switching from BTC/ETH to other options. Is there any data on what's being used? With limited options, what coins should a new platform consider supporting?

Edit: thanks for all the responses!

It's probably better to look at it strategically, either you're playing with fun money that you expect to lose so it shouldn't matter or you're playing with some kind of strategy in mind in which case you should look for sites that have a fixed fee so you're going to pay less as a percentage the more you win. Obviously you're very unlikely to make a lot of money long term playing a casino with fixed odds that favor the house, unless you have an iron resolve and get very lucky with a big win. If you're playing with something like a sportsbook it might be more possible to win if you've got a talent for spotting profitable and "easy" wins to increase your bankroll.

[1715414607]

1715414607

[1715414607]

1715414607

[1715414607]

1715414607

[Rengga Jati]

I would be happy to use Solana coins to deposit gambling sites, but unfortunately I have not met any site that would support SOL. In my opinion using ETH or BTC for deposit is a kind of charity for miners pocket since even wire transfer appears to be cheaper nowadays.

Solana is very interesting moreover with also very lower transaction fee.' However, this network is still newly very popular and attract so many interests from many parties. that is why gambling sites may still consider about using this.
Moreover they also have other options instead of ERC20, they are likely Tron, XRP, Doge, and also BSC
They commonly have lower transaction fees.
However, ensure that you must choose the right network because once you are wrong, your coins may be lost.

[Silberman]

When it comes to fund deposit on gambling, people never think about the fee and all. Most of the time users deposit fund on Gambling site when the user experience continued loss. To recover the loss the user makes deposit. This will be known by the sites and the deposits were confirmed faster with reduced transaction fee. Different users have different views, but in my experience When a gambler is depositing fund with the urge of recovering will never think about the transaction fee.

But if it's too high, it's already a big deal for most users especially for those who aren't big-time gamblers. I guess it's time to switch to other network if ETH fees are getting higher. They have told us that they would do something about ETH gas fees but I think they still didn't do anything to decrease it. For now, more users are switching to the BNB network.

The ethereum developers are doing the best they can to decrease how high the fees are, the problem is that this is not something easy to fix at all if we are talking about transactions on-chain, so until that happens, if it ever happens, then people need to begin to look for alternatives, one of the most popular coins to do this is dogecoin, dogecoin is famous for its cheap and fast transactions and it is accepted in many casinos, however since I do not believe it is a good coin to hold for the long term make sure you are only holding what you need in order to gamble and avoid being affected if the coin happens to crash.

[KTChampions]

I would be happy to use Solana coins to deposit gambling sites, but unfortunately I have not met any site that would support SOL. In my opinion using ETH or BTC for deposit is a kind of charity for miners pocket since even wire transfer appears to be cheaper nowadays.

I think gradually all casinos will use the Solana blockchain. Many players prefer to play using stablecoins, and there are more than a billion USDTs in circulation on this blockchain, and this figure is likely to grow. I am sure that most of the problems with wallets and other things in this blockchain have already been eliminated and gradually everyone will start using it.

[DoublerHunter]

I would be happy to use Solana coins to deposit gambling sites, but unfortunately I have not met any site that would support SOL. In my opinion using ETH or BTC for deposit is a kind of charity for miners pocket since even wire transfer appears to be cheaper nowadays.

I think gradually all casinos will use the Solana blockchain. Many players prefer to play using stablecoins, and there are more than a billion USDTs in circulation on this blockchain, and this figure is likely to grow. I am sure that most of the problems with wallets and other things in this blockchain have already been eliminated and gradually everyone will start using it.

^ I think every coin that has a low transaction fee will be good to use in gambling because that is what they are looking for, for me before, XRP was the best altcoin when it comes transferring into the gambling casino because it has a faster transaction and is very cheap.
I don't know technically about Solana but I have heard that the blockchain network of this coin is not yet congested so I think any payment method is good in a non-congested coin. Not like BTC and ETH.

[Sanitough]

I would be happy to use Solana coins to deposit gambling sites, but unfortunately I have not met any site that would support SOL. In my opinion using ETH or BTC for deposit is a kind of charity for miners pocket since even wire transfer appears to be cheaper nowadays.

Solana is very interesting moreover with also very lower transaction fee.' However, this network is still newly very popular and attract so many interests from many parties. that is why gambling sites may still consider about using this.
Moreover they also have other options instead of ERC20, they are likely Tron, XRP, Doge, and also BSC
They commonly have lower transaction fees.
However, ensure that you must choose the right network because once you are wrong, your coins may be lost.

Though it's new in the market, it's already in the top 5 in the market, so they can list it since it has good liquidity with billions of dollars in trading volume, so it's easy for gamblers to trade their Solana coin when they want to cash out. Personally, I have not used SOL for my gambling needs yet, been using XRP for a while now.