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Author Topic: Is this considered a safe practice  (Read 1528 times)
wiss19
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June 08, 2023, 05:28:32 PM
 #281

There are many red flags if you use credit cards in the casino, and hence one should be cautious. By the way, why do we need to use credit cards, when we can easily and more securely use the bitcoin and crypto to deposit at the casino?
Yeah man, i think so. Deposits using crypto are indeed much safer. Also, for countries where gambling is illegal, depositing with crypto is a solution. They will not be easy to track down.

Surfing the internet does have to maintain security, there are many crimes on the internet. Kyc is one of the dangerous ones, but avoiding kyc is a tough one. All financial related platforms require kyc, including gambling sites. There are gambling sites that don't require kyc, but that's not a lot. Countries have many reasons to get taxes. They are already doing that in crypto and gambling. Kyc is how they get their taxes

I've never had a problem with kyc, so far the kyc I entered is still safe, I can't say much about this. but I don't dare to use a credit card on gambling sites, that's more dangerous, and will make me spend more money
Even if you manage to deposit money in a gambling platform using crypto, there is no point in gambling if gambling is illegal in your country because most casinos and gambling platforms wouldn't allow you to withdraw if your country is not on their list of allowed countries to gamble on the platform. In this situation, even if you deposit and win something, you won't be able to get that money out of the platform and it becomes useless and the money that you deposit will get stuck as well.

Gamble only if gambling is legal in your country and always confirm before signing up and making a deposit on a platform if they allow players from your country or not because if they don't allow players from that country, you won't be able to pass KYC and your account will be flagged and you can't withdraw anything.

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June 08, 2023, 05:31:12 PM
 #282


That's right, the tax authorities can easily track any movement of funds on any person's card. But since it is difficult to replenish the deposit of crypto gambling services by fiat, you can always resort to replenishment with anonymous cryptocurrencies, or just bitcoin. The tax service will not track this action in any way, and this is one of the greatest advantages of crypto gambling platforms, as well as, for example, open source code, which gives full confidence in the honesty of the casino platform.

The most problematic place is the withdrawal of funds. Many people withdraw their money to a bank card, but this is big mistake. Now both expenses and income are tracked. And if you can't explain the origin of the funds, it can cause big problems.

That is why my friends who are fond of cryptocurrencies kept information even on bounty campaigns in which they were able to earn something. There is also a PoS and staking information, and this is not a joke. And the provision of such information at the request of tax services is quite valid (cryptocurrencies are allowed in our country). Therefore, if the tax officer does not understand the income information provided to him, then this is his problem.
After all, if a country recognizes cryptocurrencies, then its entire tax sector should be able to understand cryptocurrency income.

Signature campaigns are something very safe  , but you have to be very sure and write what is more to contribute, I also consider this a safe practice, what I also consider a safe practice is when the casinos give the option of putting provision everything that is reference links, but this works when you have suitable contacts as friends, it is useless to register with a link that will not do anything later, this goes to the level of things that can be given as a passive work, but the casinos always give those options that for me are also safe, the casinos always seek to have more community , the more community the more security they will have to defend the casino.

R


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June 08, 2023, 08:51:53 PM
 #283

debit card could lead to plenty problem we might not able to resolve since the there are some issues that is attached to debit card uses. Those who are using card to fund there online account can be doing that is some. Level of risk attached to it and if we use our debit card on scam casinos, we might end up losing our money without getting it back.
It would be more dangerous if they continued to use credit and debit cards because, after all, we can forget to control the use of the cards. We freely deposit large amounts of money for gambling; if we can't control ourselves, it becomes even more dangerous. So it is not recommended to connect debit cards and credit cards for gambling, even for online shopping, because now many hacks are happening on many sites.
It's unlikely anyone would ever connect a debit or credit card to a crypto-based casino, but for fiat casinos it can happen.
If you really want to connect a debit or credit card it's better to use a new one because I'm sure everyone must have more than one card so as to minimize financial expenses for excessive gambling and also to protect against other things such as hacking.
But we are in the crypto gambling industry so there is no need to use a debit or credit card.

Does even the crypto casino offers the deposit method using fiat money ? As far as I know most of the crypto casinos only allows you to deposit in cryptocurrencies. There may be  few casino which offers deposit method in both crypto and fiat credit cards.

I think deposit using crypto is more convenient as compare to the credit card deposit. You can't trust every casino in sending your credit card information to them.

There are ones which are hybrid on which they could accept out cryptocurrency deposits and at the same time they do accept out Fiat deposits too but usually these are those usual traditional casinos online which are fiat based but lately had accepted and adopted crypto payments on which they would really be might having this kind of offering when it comes to bonuses.In speaking about using up your CC for the sake of bonus then it wouldnt really be bad because you could really be having that additional but we should bare up in your mind that whether you do make use of crypto or CC or fiat which those bonuses would really be still in line or having that terms and conditions on which you would be needing to comply before you could be able to make some withdrawal on which this isnt something new.
Use up your credit cards on your own ways or decisions on which it would really be that normal that you would really be exposing your identity on the time that you would be making use of
these things which it is really that a common situation.
Some digital wager parlors are taking the path of exclusively dealing in crypto, while others are bridging old and new, supporting both electronic moolah and traditional bucks. It's definitely not a 'one crypto fits all' kind of setup, if you know what I mean. Seems like you've got a bit of a thing for crypto transactions, dubbing them 'effortless.' Raises a question or two, doesn't it? They might be shiny and new, but let's not turn a blind eye to the hazards. The crypto rollercoaster ride can be thrilling and terrifying in equal measure.

Still, you're onto something about the security of credit cards. Handing over such hush-hush intel to digital platforms can be risky business. But, let's not generalize all casinos, okay? Some of them take the safety game to a whole other level to protect their patrons. Lastly, bonus conditions? Yup, been there, done that. Crypto, credit card, or good old fiat, every bonus plan has got its own secret sauce. The ball's in our court, as gamers, to read between the lines
Well yeah, on the time that you would really be choosing up which platform you would really be playing in, then it would really be just that normal that you would really be checking out whether those things
available or been offered or simply their option does really fit out on the criteria that you've been looking for on a platform on which you would really be considering on playing it out or would really be finding for
another place just because you have missed up something? Its true that every platforms or company would really be trying out their best on giving the best experience into their patrons or loyal costumers
and giving the most convenient choices and options as much as possible.

Its a choice between a company will really be integrating both possible gateways or options when it comes to deposit and giving out those bonuses which it is really hard to refuse
but of course it would really be an exchange when it comes to your  identification considering that you would be using up your own CC.

R


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June 09, 2023, 05:20:25 AM
 #284

Gamble only if gambling is legal in your country and always confirm before signing up and making a deposit on a platform if they allow players from your country or not because if they don't allow players from that country, you won't be able to pass KYC and your account will be flagged and you can't withdraw anything.

That's correct also gamblers should avoid using VPN to register on website that are prohibited in their country. You might think you're been smart but you're putting yourself at risk of losing all the profits you can make from the casino because you can't withdraw them.

Instead look for a casino that supports your region or preferably relocate if you're lucky with betting and want to make a living off betting, it's possible because we have professional gamblers making good profits that regular jobs won't be able to afford paying them.

Using credit cards isn't considered a safe practice but if your favorite casino decide to only accept credit cards then you have no option than to keep using them or look for other alternatives. If you can find any better alternative then make a provision that you'll be safe always.

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June 09, 2023, 07:29:04 AM
 #285

~snip~
Well yeah, on the time that you would really be choosing up which platform you would really be playing in, then it would really be just that normal that you would really be checking out whether those things
available or been offered or simply their option does really fit out on the criteria that you've been looking for on a platform on which you would really be considering on playing it out or would really be finding for
another place just because you have missed up something? Its true that every platforms or company would really be trying out their best on giving the best experience into their patrons or loyal costumers
and giving the most convenient choices and options as much as possible.

Its a choice between a company will really be integrating both possible gateways or options when it comes to deposit and giving out those bonuses which it is really hard to refuse
but of course it would really be an exchange when it comes to your  identification considering that you would be using up your own CC.
Picking out the right cyber betting venue could be just as vital as crafting your ace-high approach to the game of poker. It's more than just a case of 'one digital coin suits all', and the chips on the table certainly add a hefty dose of pressure.

Swapping crypto can be as effortless as gliding through digital waves, yet we have to bear in mind that this is a two-sided blade. It's essential to stay alert to the hidden traps concealed within the glitter of these fresh minted tokens.

Speaking of credit card transactions, it can seem like balancing on a hair-thin line, minus the assurance of a soft landing. The shivers that run down your spine at the thought of your details being misused are real. But let's not forget to acknowledge the ones doing it right - some platforms place user security on the highest pedestal, much like a casino manager respects the rules of the game.

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June 16, 2023, 08:15:00 PM
 #286

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Yes it is. It is possible to find a part of my profits but they are really too small to try to catch me. The tax service prefers to spend their time more efficient. And of course you can fill the form of all your profits and pay taxes yourself, but i don`t think that someone will check it

The fact is that if you submit an application to the tax inspectorate for yourself for any amount, the tax service will include such a person in its subsequent checks, because they will put the name on their lists. And I am sure that even if I withdraw really large sums, I will still think about whether I need to inform on myself to the tax service.
I risked this money and why should I give it to the state? So I pay taxes from my main job.
I don`t sure that it is real, but you`re right that it is better not to inform tax service that you get some additional profit. It decreases risks that they will remember you. The same time they can fine you if find it, but i`d prefer to be fined one time than pay every time.
About risk - it is a mistake. Your main job may be associated with risk but it doesn`t means that you can don`t pay taxes.

I am from a small town, and here the employees of the tax service are unlikely to be able to properly identify my income. I'm sure they've only heard about bitcoin on TV. Nevertheless, in the worst case, I will always be able to prove the origin of the tokens, because everything is fixed in the tables and the blockchain. But again, I will say that the employees of the tax service will not understand anything.
Perhaps more understanding should be expected from them in a big city, where they spotted several crypto millionaires.
There are still doubts on the part of many of those who are rulers, that is why now they have so many demands for bitcoin, I think what you say is something quite interesting, the fact of seeing that a possible fact such as that of the Governments want their Bitcoin chew is something that cannot be denied, and how do they do it? through their taxes, but this is only when the person does it wrong, for example, they go to a place where they buy btc with a credit card , or use btc to pay for services and it's not wrong, because that's called adoption, but it is dangerous and has its double-edged sword, as for tokens, it is something very Relative , you must be very expert in investing for it.

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