Recommendations for Real Cryptocurrency Casinos

[capedbaldy]

Right, sometimes it's a bit desired thing to be able to swap currencies in casino, but, I think mostly due to law restrictions, casino can't be an exchange hub at the same time (too many paperwork to be able to meet all the licensing standards). And, yes, KYC is too, most probably, a way to manage all risks for casino...

Casino can create Dex or internal exchange for trading separately but casino needs to have high liquidity for trading volume and maybe other administrative requirements related to KYC will be required so I have never seen casino have internal exchange and so casino is only for betting use, Popular casino tokens are listed on several exchanges and you can deposit top coins to bet in any crypto casino, so the casino does not need an internal exchange.

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[decodx]

Right, sometimes it's a bit desired thing to be able to swap currencies in casino, but, I think mostly due to law restrictions, casino can't be an exchange hub at the same time (too many paperwork to be able to meet all the licensing standards). And, yes, KYC is too, most probably, a way to manage all risks for casino...

Casino can create Dex or internal exchange for trading separately but casino needs to have high liquidity for trading volume and maybe other administrative requirements related to KYC will be required so I have never seen casino have internal exchange and so casino is only for betting use, Popular casino tokens are listed on several exchanges and you can deposit top coins to bet in any crypto casino, so the casino does not need an internal exchange.

That's true. It would be nice if all casinos could create an internal exchange for trading purposes, but as you said, that would require a high level of liquidity for trading volume, which could be a major obstacle. It's understandable why most casinos just stick to betting and leave the exchange services to specialized platforms. And it's probably why we haven't seen many casinos offer internal exchanges.

[erep]

That's true. It would be nice if all casinos could create an internal exchange for trading purposes, but as you said, that would require a high level of liquidity for trading volume, which could be a major obstacle. It's understandable why most casinos just stick to betting and leave the exchange services to specialized platforms. And it's probably why we haven't seen many casinos offer internal exchanges.

Although creating an internal casino for trading coins is limited but it takes a team of special expertise to manage the internal exchange and the need to meet the requirements of the exchange law, so based on these considerations the casino remains focused on gambling and does not need to build an internal exchange, I think for an exchange it is enough to Existing CEX and DEX and better casinos still prioritize gambling development.

[DoublerHunter]

That's true. It would be nice if all casinos could create an internal exchange for trading purposes, but as you said, that would require a high level of liquidity for trading volume, which could be a major obstacle. It's understandable why most casinos just stick to betting and leave the exchange services to specialized platforms. And it's probably why we haven't seen many casinos offer internal exchanges.

Although creating an internal casino for trading coins is limited but it takes a team of special expertise to manage the internal exchange and the need to meet the requirements of the exchange law, so based on these considerations the casino remains focused on gambling and does not need to build an internal exchange, I think for an exchange it is enough to Existing CEX and DEX and better casinos still prioritize gambling development.

^ Probably because they lack the staff and hiring more staff could be another expense for their company.
And it could be the reason for this is that operating an exchange involves a different set of regulatory and compliance requirements compared to operating a gambling platform. Also, exchanges typically require a higher level of security and scalability, as they involve large amounts of funds and require high trading volumes.

[capedbaldy]

^ Probably because they lack the staff and hiring more staff could be another expense for their company.
And it could be the reason for this is that operating an exchange involves a different set of regulatory and compliance requirements compared to operating a gambling platform. Also, exchanges typically require a higher level of security and scalability, as they involve large amounts of funds and require high trading volumes.

You are right, building an exchange requires expert staff to develop new exchanges and of course requires large funds for the operation of the exchange platform, even though developing only an internal exchange but the developed exchange platform must be complete and have a high level of security scalability because the exchange platform is very influential on the main casino, so a lot of things have to be considered to create an exchange platform so that the gambling platform does not add the option to release internal exchange.

[Hamphser]

^ Probably because they lack the staff and hiring more staff could be another expense for their company.
And it could be the reason for this is that operating an exchange involves a different set of regulatory and compliance requirements compared to operating a gambling platform. Also, exchanges typically require a higher level of security and scalability, as they involve large amounts of funds and require high trading volumes.

You are right, building an exchange requires expert staff to develop new exchanges and of course requires large funds for the operation of the exchange platform, even though developing only an internal exchange but the developed exchange platform must be complete and have a high level of security scalability because the exchange platform is very influential on the main casino, so a lot of things have to be considered to create an exchange platform so that the gambling platform does not add the option to release internal exchange.

Mostly it would be played out on 3rd party instant or swap exchangers which are really that embedded internally on a gambling site and not literally that they would be making out exchangers yet that would really be

that too technical and too much need of work if ever they would be adding up that feature.This is why, if there's a chance that they would be able to add up some third party to add more feature then they would

really be in doing so but just like the rest been saying that there might be that someone or platform offers but not really that much in numbers considering that it might really be involving
some KYC which we do know that most of us would really be not liking on tending to comply on whats been asked out.

[slapper]

^ Probably because they lack the staff and hiring more staff could be another expense for their company.
And it could be the reason for this is that operating an exchange involves a different set of regulatory and compliance requirements compared to operating a gambling platform. Also, exchanges typically require a higher level of security and scalability, as they involve large amounts of funds and require high trading volumes.

You are right, building an exchange requires expert staff to develop new exchanges and of course requires large funds for the operation of the exchange platform, even though developing only an internal exchange but the developed exchange platform must be complete and have a high level of security scalability because the exchange platform is very influential on the main casino, so a lot of things have to be considered to create an exchange platform so that the gambling platform does not add the option to release internal exchange.

Making an exchange is not as simple as it may seem to you. Allot of time, energy, and resources are required. There are several factors to consider while developing a trading platform, as you pointed above. An incorrect transaction can disrupt the gaming website, so be careful.

Building an exchange site requires a team of experienced programmers familiar with the structure of exchanges. They should be well-versed in blockchain technology, trading software, and data analysis. They must also be well-versed in a wide variety of programming languages and software development technologies.

In addition to expertise, devising an exchange platform also demands a hefty allocation of resources, encompassing hardware, software, and security mechanisms. These resources must be prudently organized and managed to confirm that the exchange platform is steadfast, extensible, and secure.

[traderethereum]

^ Probably because they lack the staff and hiring more staff could be another expense for their company.
And it could be the reason for this is that operating an exchange involves a different set of regulatory and compliance requirements compared to operating a gambling platform. Also, exchanges typically require a higher level of security and scalability, as they involve large amounts of funds and require high trading volumes.

You are right, building an exchange requires expert staff to develop new exchanges and of course requires large funds for the operation of the exchange platform, even though developing only an internal exchange but the developed exchange platform must be complete and have a high level of security scalability because the exchange platform is very influential on the main casino, so a lot of things have to be considered to create an exchange platform so that the gambling platform does not add the option to release internal exchange.

This will work well if a security team can secure and maintain the casino well.
And the team can also secure internal exchanges in their casino so that nothing can panic gamblers or the people who use these internal exchanges.
And maybe that's the reason not all casinos have an internal exchange within their casino because it might be too much hassle to take care of it.
So gamblers don't need to be confused or disappointed if they don't see an exchange in the casino.

[decodx]

Guys, I appreciate your input on the internal exchanges at crypto casinos. However, I believe we're getting off track from the main topic of this thread. Let's try to stay focused and keep our discussions relevant to the original post. If anyone has further thoughts on the topic of crypto exchanges at casinos, feel free to start a separate discussion or thread. We can continue our conversation there and delve deeper into the specifics. Thank you for understanding.

[Hirose UK]

In addition to expertise, devising an exchange platform also demands a hefty allocation of resources, encompassing hardware, software, and security mechanisms. These resources must be prudently organized and managed to confirm that the exchange platform is steadfast, extensible, and secure.

The question is whether they can fulfill all of that from preparing the resources and forming a team that can be responsible for all the development and running of an exchange platform.
It's not easy to build an exchange platform and not everyone can do it.
If you just say all the plans and plans are easy actions, but when carrying them out you feel hopeless because they are not as easy as you imagine.

[YOSHIE]

I have a few that I play regularly that I don't want to mention here, but I'm always on the lookout for new options that are worth exploring. Unfortunately, it seems like most casinos require registration before you can take a look around inside.

@decodx, I think what you have played or you introduced the crypto casino here with your own belief that I think it's better for you, and so do I, maybe all the crypto casinos that are here you already understand and know, even though there are some casinos that you haven't tried, but our friends are here, in the casino, to recommend.

To my knowledge, no casinos that use withdrawal and deposit methods of any other form than crypto operate here, instead casinos that used to offer fiat withdrawal and deposit methods are now implementing crypto to eliminate the fiat basis, In my opinion, if you are comfortable with the casino that you are currently using on a crypto basis, why do you have to recommend another one, it is not certain that the recommended one you can trust fairly.

[dezoel]

Guys, I appreciate your input on the internal exchanges at crypto casinos. However, I believe we're getting off track from the main topic of this thread. Let's try to stay focused and keep our discussions relevant to the original post. If anyone has further thoughts on the topic of crypto exchanges at casinos, feel free to start a separate discussion or thread. We can continue our conversation there and delve deeper into the specifics. Thank you for understanding.

Lol, you are right that it gets out of hand so quickly when someone starts talking about a different topic inside a thread that primarily has a different topic altogether, that is how all these mega threads have come into being and if a topic isn't self-moderated, it becomes very difficult to control this, to be honest.

Anyway, getting back to the topic, have you tried all the casinos and gambling platforms that are available on this forum? I think almost all of them are basically cryptocurrency casinos since when they were launched, they all only accepted cryptocurrencies, they may have added fiat deposit and withdrawal features later on.

[LUCKMCFLY]

Yeah right, the harvest of success is possible if you market your network the right way, I mean if you start promoting and those people who will be interested will use your promotional link then the profits is surely be decent for you,

it's just a matter of how you know and how you will use your opportunities to take advantage and make sure that you'll going to promote and invite interested people to use your referrals along the way there's always a good possible benefits from each gamblers that will play and enjoy inside the casino site.

Yes, indeed I have seen some comments in other threads from some members who have or acquire extra money just for promoting with their referral link, which seems very attractive to me, but in my case it is very difficult to implement something like this, first Because the friends I have who are players are already registered in many casinos, if I tell them to join or register under my link it will be a waste of time, they will tell me that they are already registered, so attracting more people is something that I see as quite difficult However, I do not Rule it out, it would be a good way to find extra money that is always needed.