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

[Cling18]

Dogecoin has always been a popular choice and so has litecoin. Almost every casino that supports altcoins supports these two currencies. There are some coins with higher market caps but they are primarily used for smart contracts so not very many people use them for gambling. Doge and LTC's main purpose has been to avoid high fees. Doge is also very popular right now so you might as well take advantage of that since people will be looking for places where it is an accepted currency.

Popular and reputable gambling sites support these coins and I have been using them since we could save fees. It's more beneficial rather than Ethereum which has high gas fees. Shifting to potential coins with a lower transaction fee is the best choice that we can do especially during this ath. I hope that more gambling sites would accept and support more potential altcoins. 

[pinggoki]

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?

Actually the transaction fees on bitcoin and ethereum was very high and sometimes the transaction fees are more higher to the amount that you want to make the transaction. What I would suggest is the XRP because due to this XRP has a low value and then the transaction fees here is also low so it is really suitable for us to use it to the gambling websites or platform to deposit in order for us to play and gamble. Still hoping that there will be more gambling websites that will accept like litecoin, dogecoin and other coins in order to deposit.

[acener]

I would vote for Dogecoin or XRP but I know Dogecoin has been popular for gambling for a long time now because of transaction fee's.
And almost all of the old gambling site accepts it soI think the future gambling sites should consider it too.
I chose XRP because it is one of the cheapest withdrawal and transaction fee that I know in trading site haven't really tried it on gambling site.

[AmoreJaz]

I would vote for Dogecoin or XRP but I know Dogecoin has been popular for gambling for a long time now because of transaction fee's.
And almost all of the old gambling site accepts it soI think the future gambling sites should consider it too.
I chose XRP because it is one of the cheapest withdrawal and transaction fee that I know in trading site haven't really tried it on gambling site.

even in gambling sites, those casinos with XRP option has low withdrawal fees not only in trading platforms. also, if you can find casinos with trx, eos and ltc, those are coins with very cheap fees. so instead of depositing btc or eth, you have other good alternative options of alts to play with. this is the advantage of gambling sites offering various options when it comes to alts. because not all gamblers can afford high fees. i guess a lot of crypto gamblers are small timers.

[2double0]

Not just the switching of deposit, I await some websites to allow their users an ability to exchange the btc/eth to low fee tokens and let them withdraw those tokens. I am aware of some gambling websites but they are charging more than average commission to let the exchange happen, so I keep waiting until a good amount in btc is gained and then i withdraw.

[Sanitough]

More payment alternative for the website could help.

I'm currently gambling with DOGE, XRP, and TRON, and any other high supply coins that are available in a certain gambling sites, they are helping me enjoy gambling since I don't have to pay a high transaction fee with these coins unlike bitcoin and ETH.

[Shasha80]

With the current very high Bitcoin price, making transaction fees increase dramatically and it is very difficult for gamblers to withdraw if they have
to use Bitcoin. Therefore, now there are many gambling platforms that provide alternative altcoins for playing gambling or making withdrawals,
I myself mostly use Litecoin or Dogecoin, because both have very cheap transaction fees. For Ethereum now the transaction fees are very high,
so I don't recommend using Ethereum.

[hulla]

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?

Footing the long existence and the rank hold on capital market. I beleive the best coin with fair transaction that any gambling site should consider integrate to their platform are Litecoin and Dogecoin though I dont like the coin neither did I once invest in but it still habe a reasonable tx fee. I can see alot of people mentioning XRP which I dont see as a good decision if they still have issue with the US SEC.

[Mahanton]

Not just the switching of deposit, I await some websites to allow their users an ability to exchange the btc/eth to low fee tokens and let them withdraw those tokens. I am aware of some gambling websites but they are charging more than average commission to let the exchange happen, so I keep waiting until a good amount in btc is gained and then i withdraw.

Those on-site exchange using up thirdparty instant exchangers does really require much when it comes to fee conversion but if you can bare up with that then this would be a good feature
but if you are really saving up fees as low as possible then this wouldnt be a good option and i do have the same behavior when i do make withdrawals where i do make it on one go
where those wins accumulated would be withdrawn in a single transaction even if the fees is a bit high but at least you save up compared if you do make multiple withdrawal.
When it comes to options then majority of gambling sites now are offering multi-coins for you to choose on.Just choose what suits you.

[blue Snow]

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?

They never had a problem with the fee, I never heard complaints about it. If a big gambler withdrawing $200K he doesn't care if using $50 for a fee, so it doesn't matter.

I've seen a gambling site that didn't make a withdrawal fee, this for promotion new gambling site, but I'm not sure whales will take a risk.

[robelneo]

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?

The more coins the better, yes there is an ongoing issue on both Ethereum and Bitcoin, but there are still players who want to play with these two coins, it's better to retain these two coins and just more coins like Doge, Tron, Litecoin, XRP for players who want to make a shift and wants to save on transaction fees, there are players who make a shift from Bitcoin, Ethereum and other coins with lower fees, that way you can cater on many gamblers.

[xSkylarx]

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?

XRP has the lowest fee of them all as far as I know so adding this on those new gambling sites would help to attract new users. Its value is also more profitable to use to gamble than using other low fee coins. I've been using this on some popular gambling websites and you can win a decent amount from it rather than using coin like Doge where it costs many of it that is equivalent to 1$.

[shoreno]

not only new casinos must add coins aside from btc and eth but also to old casinos because there are old casino that only uses btc and sometimes btc and eth but no altcoins . 

for the data , you can ask the owner or the representatives of a gambling site if they are willing to give a copy with you but if not , you can check the betting tab of casino because usually you can see the bet info such as the amount and the coin that a bettor used on that tab  .

[OgNasty]

I think with ETH moving away from PoW, there might be an opportunity for another coin to rise up in popularity and value to satisfy GPU miner needs. Right now the next most profitable coin for miners is Ravencoin (RVN) and I think it could have a unique growth opportunity that would make it an interesting candidate to be added to any only crypto platform at this time.

[ethereumhunter]

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?

The more coins the better, yes there is an ongoing issue on both Ethereum and Bitcoin, but there are still players who want to play with these two coins, it's better to retain these two coins and just more coins like Doge, Tron, Litecoin, XRP for players who want to make a shift and wants to save on transaction fees, there are players who make a shift from Bitcoin, Ethereum and other coins with lower fees, that way you can cater on many gamblers.

With having more coins, a gambler will like to stay on that gambling site, and maybe they will not have to move to the other sites as they need to withdraw and deposit their funds again.

But do not just focus on the coin list to be added, but try to give attention to the gambling games because it is the other way to attract the gamblers to come and play on your site. If you have so many attractive gambling games and support so many coins list to be used for a gamble, that will be the benefits for you because the gambler will choose to deposit on their favorite coin and play on their gambling games.

[Lorence.xD]

XRP has the lowest fee of them all as far as I know so adding this on those new gambling sites would help to attract new users. Its value is also more profitable to use to gamble than using other low fee coins. I've been using this on some popular gambling websites and you can win a decent amount from it rather than using coin like Doge where it costs many of it that is equivalent to 1$.

But be careful about putting a lot of money in XRP as they are still in the hot seat with SEC, just spend small amounts each game so you don't have to worry about spending more just to play longer. Hopefully, more gambling sites will support more inexpensive altcoins in their games because that way they can find some diversity in players.

[pawanjain]

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?

One of the most important factor of a successful gambling website is the wide variety of acceptance of cryptocurrencies.
Many popular gambling sites accept most of the top cryptocurrencies. With the fees so high, it has become an essential part to include a wide domain of cryptocurrencies. It depends on individual players whether or not they want to switch coins due to high fees.
Some people still prefer to use BTC and ETH. Others prefer to use cryptocurrencies with less fees such as Doge, TRX, EOS etc...

[2double0]

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Instead of trying to save up on fees, I sometimes go for making those fees in gambling profits and lose more than I already have which gets my account below the minimum withdrawal amount on that website. So I either wait for a new week and then I get the earnings on the website and withdraw, or try to gamble to get to the minimum withdrawal as well as the fee over it. That is very much frustrating for me because when I lose more, I have to decide two ways so it gets very hard for me.

[Astvile]

XRP, BNB, and TRX might be the answer to high fees. By far those 3 coins offer the lowest fees and fastest ( base on my personal experience on withdrawing from various exchanges/making transactions using the said 3 coins). Or just adding straight-up stable coins like USDT and BUSD might help too.

[Fundamentals Of]

It depends. There are probably sites which are transparent as to which specific coin is being commonly used.

In terms of really big gamblers, I think many of them do not mind much the transaction fees. A few dollars for them is insignificant especially if they want their transactions to get prioritized.

Think of big gamblers in fiat. They are not different. And they don't mind paying very expensive stuff in the world's most popular resort casinos to experience the best in gambling.