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Author Topic: Thought's on many major fiat-crypto payment gateways ditching casino business's?  (Read 564 times)
Webetcoins
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August 31, 2023, 05:15:56 PM
 #81

Ever since I got here in crypto business, and when I do gamble I only use crypto not any fiat in any of the casino in this field of business.
And just like that others using cryptocurrency is more cheaper than a fiat currency. That's what I had observed through my experienced in playing gambling here in the crypto space.

And this is more attractive rather fiat actually in my own opinion only.
I think you didn't understand the topic and the discussion here. A fiat-crypto payment gateway doesn't make you gamble with fiat but it allows you to buy cryptocurrencies directly from the gambling platform by using fiat through your bank account with your debit or credit card so that you don't need to go to an exchange, buy cryptocurrency, and send it to the casino and then play. It is somehow an advantage for those who are not already into cryptocurrencies and don't know much about them but want to gamble on that particular platform.

However, I don't think that there are a lot of gamblers who utilize this feature because most gamblers who join a cryptocurrency gambling platform will basically already have cryptocurrencies and even if they don't, they understand the ways they can buy and transfer them to the platform.

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August 31, 2023, 09:44:49 PM
 #82

Traditional casinos are "fucked" if Fiat payment gateways are put into severe terms or conditions, and if the situation is to disappear then crypto casinos are the option, there are so many ways to get to a casino with cryptocurrencies that the situation is not so serious if it presented any problems with the providers, I think in a way many big casinos already opt for crypto deposits if their licenses allow it and the legal jurisdictions allow it. That is one of the advantages of crypto casinos.

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August 31, 2023, 10:14:05 PM
 #83

Ever since I got here in crypto business, and when I do gamble I only use crypto not any fiat in any of the casino in this field of business.
And just like that others using cryptocurrency is more cheaper than a fiat currency. That's what I had observed through my experienced in playing gambling here in the crypto space.

And this is more attractive rather fiat actually in my own opinion only.
I think you didn't understand the topic and the discussion here. A fiat-crypto payment gateway doesn't make you gamble with fiat but it allows you to buy cryptocurrencies directly from the gambling platform by using fiat through your bank account with your debit or credit card so that you don't need to go to an exchange, buy cryptocurrency, and send it to the casino and then play. It is somehow an advantage for those who are not already into cryptocurrencies and don't know much about them but want to gamble on that particular platform.

However, I don't think that there are a lot of gamblers who utilize this feature because most gamblers who join a cryptocurrency gambling platform will basically already have cryptocurrencies and even if they don't, they understand the ways they can buy and transfer them to the platform.
Also, not all would really be that confident on using up their credit/debit cards no buying up crypto specially into those people who are really that mindful about their privacy on which if you are really that paranoid
when it comes to privacy or on your identity then crypto gambling would be your best bet and you wont really be needing to buy up crypto directly if ever there's a feature which would really be allowing you to
buy up directly on a platform if you could really be able to do on having at exchangers but its true that if you are a crypto enthusiast then most likely you would already have those funds prepared if ever you
decided to play gambling.

Crypto casino sites do really add up that kind of feature to make gambling experience more that comfortable in terms of payment options and possible ways or methods that they could really be able
to play on using up their fiat directly purchasing crypto which we cant deny that it is a sweet feature but of course it do totally oppose or contradict the overall concept or idea
on why crypto had been created in the first place which is really that totally opposing centralization.

R


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September 01, 2023, 08:58:02 AM
 #84

~snip~

Also, not all would really be that confident on using up their credit/debit cards no buying up crypto specially into those people who are really that mindful about their privacy on which if you are really that paranoid
when it comes to privacy or on your identity then crypto gambling would be your best bet and you wont really be needing to buy up crypto directly if ever there's a feature which would really be allowing you to
buy up directly on a platform if you could really be able to do on having at exchangers but its true that if you are a crypto enthusiast then most likely you would already have those funds prepared if ever you
decided to play gambling.

Crypto casino sites do really add up that kind of feature to make gambling experience more that comfortable in terms of payment options and possible ways or methods that they could really be able
to play on using up their fiat directly purchasing crypto which we cant deny that it is a sweet feature but of course it do totally oppose or contradict the overall concept or idea
on why crypto had been created in the first place which is really that totally opposing centralization.
I'm skeptical about your claims. Not every crypto lover is "prepared" to gamble, and they shouldn't have to. The nerve to imply crypto gaming solves all privacy issues, especially for fearful people. Crypto casinos offer several payment choices to satisfy users, but isn't it ridiculous to expect them to simplify things? You commend their "sweet feature" of direct currency-to-cryptocurrency swaps, however this goes against cryptocurrency's decentralization. Selling water along the river is like it. The notion is intriguing yet flawed; The truth is that they're corporations, not privacy defenders. Your blend of thoughts appears strange, no

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September 01, 2023, 07:22:50 PM
 #85

Ever since I got here in crypto business, and when I do gamble I only use crypto not any fiat in any of the casino in this field of business.
And just like that others using cryptocurrency is more cheaper than a fiat currency. That's what I had observed through my experienced in playing gambling here in the crypto space.

And this is more attractive rather fiat actually in my own opinion only.
When you deposit a crypto to a crypto casino, you will need to pay a transaction fee but on many online fiat casinos that I have tried and used, there are no such fees/thing as that. Many of them don't also have a withdrawal fee. So, I can say that they are cheaper and more convenient to use because transfers are also instant at most times.

I still do play crypto gambling if I have an extra crypto because there are some gambling games which are only found on a crypto casino and many crypto casino has a better bonus system than their fiat counterpart. Another advantage of playing in crypto casino would be is they can be decentralized or fully anonymous. 

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Cling18
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September 01, 2023, 07:40:33 PM
 #86

Ever since I got here in crypto business, and when I do gamble I only use crypto not any fiat in any of the casino in this field of business.
And just like that others using cryptocurrency is more cheaper than a fiat currency. That's what I had observed through my experienced in playing gambling here in the crypto space.

And this is more attractive rather fiat actually in my own opinion only.
When you deposit a crypto to a crypto casino, you will need to pay a transaction fee but on many online fiat casinos that I have tried and used, there are no such fees/thing as that. Many of them don't also have a withdrawal fee. So, I can say that they are cheaper and more convenient to use because transfers are also instant at most times.

I still do play crypto gambling if I have an extra crypto because there are some gambling games which are only found on a crypto casino and many crypto casino has a better bonus system than their fiat counterpart. Another advantage of playing in crypto casino would be is they can be decentralized or fully anonymous. 

There are people who prefer playing using fiat currency because that's their personal preference but most of us are swapping from fiat to crypto just to gamble in crypto casinos and I agree that the fees aren't that high so it's easier to deal with.
Crypto casinos has a lot to offer than fiat casinos to be honest especially when it comes to bonuses and promotions. There are still other fiat-crypto gateways that we could use especially through big exchanges that we have right now especially the reputable ones. It's better if there would be local crypto wallets in your country where you could easily convert from fiat to crypto to transact easily.
SamReomo
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September 01, 2023, 07:43:37 PM
Merited by The Sceptical Chymist (3)
 #87

Ever since I got here in crypto business, and when I do gamble I only use crypto not any fiat in any of the casino in this field of business.
And just like that others using cryptocurrency is more cheaper than a fiat currency. That's what I had observed through my experienced in playing gambling here in the crypto space.

And this is more attractive rather fiat actually in my own opinion only.
When you deposit a crypto to a crypto casino, you will need to pay a transaction fee but on many online fiat casinos that I have tried and used, there are no such fees/thing as that. Many of them don't also have a withdrawal fee. So, I can say that they are cheaper and more convenient to use because transfers are also instant at most times.

I still do play crypto gambling if I have an extra crypto because there are some gambling games which are only found on a crypto casino and many crypto casino has a better bonus system than their fiat counterpart. Another advantage of playing in crypto casino would be is they can be decentralized or fully anonymous. 

It's first time I'm hearing that fiat casinos that someone used offer no fees on deposits or withdrawals. I don't know about the casino fees but surely there can be other fees involved in that way of transactions. But, still it's a good thing to know that fiat based casinos offer way better fee structure than the crypto ones. We all know that transactions with crypto-currencies do require some kind of a fee and that's the main reason that why the crypto based casino charge that fee.

I also believe that crypto gambling is better than fiat gambling because with crypto gambling sites you can access so many games which fiat based casinos fail to provide. I also agree that the decentralization and anonymity that crypto casinos offer is at another level when compared to the fiat ones.

The fiat based casinos are centralized and transparent and that's a concern for many gamblers, but in crypto casinos that KYC thing makes them also similar like the fiat ones. But, still if someone plays with low amount then they won't have to go through the hassle of KYC verification and they can easily without their winning without much effort.

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danadc
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September 01, 2023, 08:49:28 PM
 #88

Ever since I got here in crypto business, and when I do gamble I only use crypto not any fiat in any of the casino in this field of business.
And just like that others using cryptocurrency is more cheaper than a fiat currency. That's what I had observed through my experienced in playing gambling here in the crypto space.

And this is more attractive rather fiat actually in my own opinion only.
When you deposit a crypto to a crypto casino, you will need to pay a transaction fee but on many online fiat casinos that I have tried and used, there are no such fees/thing as that. Many of them don't also have a withdrawal fee. So, I can say that they are cheaper and more convenient to use because transfers are also instant at most times.

I still do play crypto gambling if I have an extra crypto because there are some gambling games which are only found on a crypto casino and many crypto casino has a better bonus system than their fiat counterpart. Another advantage of playing in crypto casino would be is they can be decentralized or fully anonymous. 

There are people who prefer playing using fiat currency because that's their personal preference but most of us are swapping from fiat to crypto just to gamble in crypto casinos and I agree that the fees aren't that high so it's easier to deal with.
Crypto casinos has a lot to offer than fiat casinos to be honest especially when it comes to bonuses and promotions. There are still other fiat-crypto gateways that we could use especially through big exchanges that we have right now especially the reputable ones. It's better if there would be local crypto wallets in your country where you could easily convert from fiat to crypto to transact easily.
For me, all the fiat payment options should go Away, with that People know that the best thing here is the payment to bitcoins and the other Cryptocurrencies, with that there are not so many people who are with those things that they will learn. Of the Other casinos , they require each Document to be able to play and they are used to it, in my case the erpsans that use more fiat in a Cryptocasino does not make sense to do it, they track them first , Secondly , these people do not know that when they track you they can Charge you fees I'm easily more expensive taxes and government follow-ups are not Pleasant , I don't trust that, for me everything is done with cryptocurrency and bitcoin I'm Fine.

R


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OgNasty
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September 01, 2023, 09:02:17 PM
 #89

The great thing about crypto is that it shouldn't matter.  I guess if you're constantly moving money back and forth it might be a big deal, but even then I'm sure you could find the right bank that would be willing to work with you.  If you're just using crypto though, it shouldn't matter if banks cut off your casino.  It could be a problem if they close your account, but like I said, someone will always be willing to provide you the service you need so long as everything you're doing is legal.  At some point banks won't be needed at all...

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