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

[SiNeReiNZzz]

Bitcoin has grown to that extent that need to be protected from rustling, this has achieve more prestige that anyone who is holding it should be counted lucky. Ethereum has one of the most ridiculous fess charges and no one would dear to gamble with it, but the likes of some good fast transaction coins should be embrace into gambling such as TRON, RIPPLE and BNB in my suggestion.

BTC and ETH are the same, they've became high in fees due to the situation of the crypto market. Those three that you have mentioned shall be added by these that have been mentioned:

I think currently TRX is unbeatable.
Especially in terms of transaction costs.

BNB is also good and Litecoin anyway.
DOGE is also cheap. Otherwise I would recommend ADA, DOT and EOS.

XRP is possibly also an alternative...

Many would probably hate TRX and XRP but they're helpful in times where fees for btc and eth are high.

Well, in terms of token transactions, you can already call ETH more expensive....

BTC fees fluctuate a lot and you can also send cheap from time to time!

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[tabas]

Well, in terms of token transactions, you can already call ETH more expensive....

Yeah, it is what everyone is talking about for ETH until the proposed solution will come.

BTC fees fluctuate a lot and you can also send cheap from time to time!

It does but if the gambler sends it and look at its USD value, he might consider it not cheap.

[milewilda]

Well, in terms of token transactions, you can already call ETH more expensive....

BTC fees fluctuate a lot and you can also send cheap from time to time!

This is what i had observed about fee fluctuations where ETH does really have a problem in regards to that matter.It doesnt really go down that fast unlike in Btc.
It might have some surge or fee increase but it doesnt really last long and when the network isnt already congested then you can make out transactions which
can be done on paying up only less a dollar but still Eth is struggling to take it down.I dont know whats the problem of this one.
I had long time ago skip on using Eth though and it would be more worth on using doge or trx instead.

[Twinkledoe]

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?

I think currently TRX is unbeatable.
Especially in terms of transaction costs.

BNB is also good and Litecoin anyway.
DOGE is also cheap. Otherwise I would recommend ADA, DOT and EOS.

XRP is possibly also an alternative...

Those alts that you mentioned are actually good alternatives for btc and eth. Now, BNB is also being introduced in gambling sites. EOS is actually great also as the fees are really that cheap. And it is much better if the casino has their own internal exchange, as you can convert your coins such as btc or eth into alts with lower withdrawal fees. Also, I found out that if the site is also supporting USDT (TRC20), this stablecoin has very minimal fees.

[Vaskiy]

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.

[goinmerry]

When a gambler is depositing fund with the urge of recovering will never think about the transaction fee.

It's not just those who are desperate of recovering their funds.

But on the other side, which is those who experiencing continuous winning, also feel the same since why should they stopped if they are winning.

A gambler is a gambler no matter what. These fees might be hurting them but not a reason to distract them from doing gambling.

[Quidat]

When a gambler is depositing fund with the urge of recovering will never think about the transaction fee.

It's not just those who are desperate of recovering their funds.

But on the other side, which is those who experiencing continuous winning, also feel the same since why should they stopped if they are winning.

A gambler is a gambler no matter what. These fees might be hurting them but not a reason to distract them from doing gambling.

When you do have big capital or not someone who do have small capital to play gambling then you wouldnt really be bothering yourself on fees.Even if it would reach out a hundred
per transaction then you wouldnt really care if you are a paying up that thing but for those  who are playing with small limited funds then its not really appealing at all.
People would always find out the best alternative or way which they can lessen out the fees for them to play without any minding or hesitance due to fees.

[Fredomago]

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.

Most of time, the urgency of trying to recover back those losses leads gamblers not to look for this high fees, they are aggressive as they wanted to quickly recover those fund.

Rushing and not to think about anything very common to those gamblers, though not just those who are trying to recover
but there are also gamblers who continue to use whatever coin they'll love to use even the fees is high.

[Silberman]

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?

So far, the average gambling site with the cryptocurrency concept has not only focused on these 2 assets. some use other altcoins whose transaction fees are cheaper and faster. An example is the Stake which I still use for gambling today. there is a Tron or Doge option whose transaction fees are cheaper and faster. Indeed for gamblers with not large capital, if the deposit using bitcoin, of course, object to withdrawal fees and also the deposit fees they spend are also high if it is calculated in dollar conversion

This is great, we all know that the majority of gamblers do so with bitcoin or ethereum but there are other gamblers out there that because they do not have large amounts of money to bet they use coins like dogecoin to save themselves money on the fees, so casinos need to make an effort to accommodate them because if they do not then those gamblers will simply move to other casinos that will and you do not want to lose customers for such a reason.

[futuur]

It annoys many gamblers with the current increase in Bitcoin and Ethereum transaction fees, even though these two coins are the most popular
for playing gambling. But seeing the surging transaction fees going up, making gamblers look for other alternatives that have much cheaper
transaction fees. Read posts from members in this forum, most suggest using XRP, LTC and DOGE. I admit that the three coins not only have
cheap transactions, but has very fast transactions too. I've also started using XRP, LTC and DOGE to play gambling and have also made deposits
and withdrawals on gambling platforms.

That is why if a gambling site is not yet accepting any other cryptocurrency except BTC or ETH, more likely they will lose certain users. They need to accept altcoins with lower fees and faster confirmation rate so that gamblers will be given options for their maximum convenience and fun.

For example, I was betting with Futuur weeks ago and they only have BTC in their crypto options. The consistent request was to add more crypto options such as the ones you named so that gamblers will continue to use the platform.

Hi!!

Now on Futuur you can bet with BTC, Ethereum, Litecoin, Bitcoin Cash, Dogecoin and Tron! 

See you in the forecasts

[mindrust]

BNB, DOGE, LTC.

BNB because it is the token of the world's bigest crypto exchange.
Doge because it is the meme king.
LTC because it has an established fan base. Old and good.

There are certainly some other coins worth mentioning but these are my 3 favorite alts when it comes to cheap transactions.

[Slow death]

I'll take this thread to say that one of the biggest constraints when using cryptocurrencies in casinos has to do with volatility, it's happened to me several times that I win some games but then the altcoin price drops a lot and my profit gets reduced due to the price drop of altcoin, of course when the price of altcoin increases a lot we also benefit from said increase. for withdrawals I use Litecoin and Bitcoin (yes I know bitcoin has high fees)

[aioc]

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!

The best option for me is Tron I'm using it on all the casinos I'm playing and this is the coin that I request to be added and on a new site I always check if there is Tron in their option, it's fast and cheap, everything you're looking for a coin is here, especially if you are not a big bettor.
I can also easily trade it in our local currency because our local exchange has Tron on their list.

[Lanatsa]

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!

The best option for me is Tron I'm using it on all the casinos I'm playing and this is the coin that I request to be added and on a new site I always check if there is Tron in their option, it's fast and cheap, everything you're looking for a coin is here, especially if you are not a big bettor.
I can also easily trade it in our local currency because our local exchange has Tron on their list.

When it comes to fees then TRX XRP and EOS would be always be my main bet yet they are fast and very cheap without minding about delayed deposits or withdrawals plus you could really make out some minimal bets and withdraw which I do always prefer the most.

Most of gambling sites does have multiple options or coins accepted which is already been typical because not all would really be preferring on making
use of Bitcoin.

So its up to you on which one you would be comfortable with.

[timerland]

I think that you should probably consider accepting a wide variety of coins so that even if one network gets congested you've still got backup.

I'd say that you should look into accepting SOL, IOTA and LTC.

Definitely still accept ETH and BTC though because they are going to be your most popular coins, but they become pretty much unusable at times.

[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?

Edit: thanks for all the responses!

There's no data that supports that VIP's are switching from BTC/ETH to other altcoins majority of them don't mind the fees as long as it will not go 10% or higher than what they are sending, only small bettors prefer altcoins that are cheap but whales don't mind the fees, casinos are already accepting altcoins, they have done this because they want to cater to as many types of players, they know that different players support various type of coins.

[romero121]

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!

There's no data that supports that VIP's are switching from BTC/ETH to other altcoins majority of them don't mind the fees as long as it will not go 10% or higher than what they are sending, only small bettors prefer altcoins that are cheap but whales don't mind the fees, casinos are already accepting altcoins, they have done this because they want to cater to as many types of players, they know that different players support various type of coins.

This is the truth, because most of the VIP players were the whales who never take into consideration about the transaction fee. Every cryptocurrency accepted gambling house have got more number of cryptocurrency to be used according to the convenience. This makes it more easy usable according to their need than thinking about the transaction cost.

Myself used to switch from one cryptocurrency to another when I never experience good winning. This means I try the luck through different cryptocurrency usage.

[Wexnident]

This is the truth, because most of the VIP players were the whales who never take into consideration about the transaction fee. Every cryptocurrency accepted gambling house have got more number of cryptocurrency to be used according to the convenience. This makes it more easy usable according to their need than thinking about the transaction cost.

Myself used to switch from one cryptocurrency to another when I never experience good winning. This means I try the luck through different cryptocurrency usage.

This is just my personal opinion but doesn't most transactions of casinos come from the majority of the users that aren't VIP level? Plus, even without the consideration of transaction fees, I reckon players would much like to use one that is much easier and faster in terms of transactions (and for the rich people, fees being low should be a kind of plus I suppose?). And having a wide range of cryptos available for that casino invites just that much more number of users, and together with their games, well they have their own solid player base there and then.

[Cling18]

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.

[madnessteat]

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.