[poorbot.io] | Exchanger for Stake - fast, cheap, simple, 0.8% fee

[xLays]

I don't know why stake.com doesn't have this swap feature. They have been in the industry for more than 5 years and they are well-known online casino yet, they don't have this swap feature. Anyway, since this isn't affiliated with stake.com, does stake.com know about this service? If yes, do they allow this kind of service on their platform? Anyway good luck to your service!

[poorbot]

I don't know why stake.com doesn't have this swap feature. They have been in the industry for more than 5 years and they are well-known online casino yet, they don't have this swap feature. Anyway, since this isn't affiliated with stake.com, does stake.com know about this service? If yes, do they allow this kind of service on their platform? Anyway good luck to your service!

Hello, yes of course, I've talked with relevant people and to summarize, they basically said,  that they cannot say anything officially (such as "approve" or "allow") for obvious reasons, but as long as it works properly there shouldn't be any problems.
Thanks!

[CryptSafe]

Welcome to bitcointalk platform. I really commend you for this innovation and development. I was wondering why your licence was not displayed on your website for all to see because that would convince your prospective clients that you are legit and legally registered as that is one of the basic information they look for on websites before they engage.

Since your licence is not there on your website, can you clearly tell us under which jurisdiction you are registered? So we could know as you can see the interest in your services here and I will also applaud your move to embarking on a promotional campaign. This would boost your presence here on bitcointalk platform. Congratulations one the launch of your project.

[poorbot]

Welcome to bitcointalk platform. I really commend you for this innovation and development. I was wondering why your licence was not displayed on your website for all to see because that would convince your prospective clients that you are legit and legally registered as that is one of the basic information they look for on websites before they engage.

Since your licence is not there on your website, can you clearly tell us under which jurisdiction you are registered? So we could know as you can see the interest in your services here and I will also applaud your move to embarking on a promotional campaign. This would boost your presence here on bitcointalk platform. Congratulations one the launch of your project.

Hello, there's no registration, and it would probably not be possible. This service works via Stake's tipping feature, it receives a "tip" from user, and promises to send back that amount (minus fees), in the currency of user's choice via tips again. It's nothing official.
And the limits are low, since this is mostly useful for exchanging "dust" amounts. If you have $5,000 to exchange obviously this is not the best choice!
Regarding legitness, it takes a long time to build trust and only one bad transaction to lose it. And again since this service is meant for small amounts, it wouldn't make sense to be malicious!

Thanks for your comments!

[pakhitheboss]

Campaign should launch within 24 hours. OP has already sent funds for the 1st week and we are good to go, just waiting for designer to reply. Hope this calms everyone down for the next few hours at least. I'll let everyone know when it's ready.

First of all, I would like to Welcome @poorbot and the team behind it. As you would be managing this campaign I think poorbot.io would be able to get a good amount of forum users. I still do not understand the practical usage of this platform, if anyone can explain me then I would be thankful. The next thing I would like to inform the OP is to add some images to the ANN page and make the platform look good. I did visit the platform and it looked dull and reminded me website in the early ages of the Internet. A little bit of animation or graphic images can do wonders for the platform if they as the owners work on it.

[OwnerSeller]

poorbot is the best cheaper fee for exchange

[poorbot]

First of all, I would like to Welcome @poorbot and the team behind it. As you would be managing this campaign I think poorbot.io would be able to get a good amount of forum users. I still do not understand the practical usage of this platform, if anyone can explain me then I would be thankful. The next thing I would like to inform the OP is to add some images to the ANN page and make the platform look good. I did visit the platform and it looked dull and reminded me website in the early ages of the Internet. A little bit of animation or graphic images can do wonders for the platform if they as the owners work on it.

Hi, it's used in the well known gambling platform, Stake. Say you have a bit of bitcoin balance, $30. Since Bitcoin fees are high, and minimum deposit on exchanges etc might be higher, you can send $30 BTC to this bot, and get ~$29.9 LTC to make cheaper and more convenient transfers.

It's recently launched, so thread is a bit plain I agree, it will be improved!
And yes, website is really basic. As I said above, I like to keep it simple and easy. It has only one job, take a currency, send back another currency. Maybe design could be improved, but generally it's most likely going to stay like that. No need to bother with lots of pages, popups, confirmations for a thing that can be done in a single form!
But for sure it will be cleaned up, and a how-to guide with images / videos will be added.

Thanks a lot for your comments and suggestions!

[Haunebu]

I don't really see the point of these bots frankly speaking. I just convert my BTC to crypto like LTC, Doge, XRP etc for free in popular exchanges like Binance etc and send them to sites like Stake etc.

I know that you charge a small fee for your bot op which is a good thing, but even that can be avoided completely through what I mentioned. Can you specify some additional use-cases?

[Russlenat]

I don't really see the point of these bots frankly speaking. I just convert my BTC to crypto like LTC, Doge, XRP etc for free in popular exchanges like Binance etc and send them to sites like Stake etc.

I believe this is the other way around, though I am not too familiar as this is my first time seeing this kind of service, but based on my understanding, this works within stake platform only, not from outside to stake. I think this works like tipping an account.

I hope @poorbot could shed light a bit on our concern here.

[poorbot]

I don't really see the point of these bots frankly speaking. I just convert my BTC to crypto like LTC, Doge, XRP etc for free in popular exchanges like Binance etc and send them to sites like Stake etc.

I know that you charge a small fee for your bot op which is a good thing, but even that can be avoided completely through what I mentioned. Can you specify some additional use-cases?

For sure, you can see the above message, in addition to that:
This is not really useful for deposits as you've explained, and I think you got it a bit wrong. This bot doesn't do external transfers, it works with tipping feature on Stake.
Still though, if you want to play in another currency for whatever reason, our fees are better (and faster) than popular non-registration/instant exchanges!

It's useful for balances already in your account. On Stake, Bitcoin withdrawals have $4.11 fee at the moment (and they take way longer), while Litecoin only has $0.02.
It can also be useful when the withdraw destination does not support the currency you have. Or, when you have multiple currencies (from challenges, promotions, rakeback, rains etc.) and you want to combine them, either to play or withdraw.
For gambling part, some games have different minimum bet amounts as well. Going even further, some players believe you have "different luck" with other currencies on some games!

While $10-20 fee is relatively reasonable for a $5,000 balance, when you have smaller balances, say under $100, or need a quick transfer, using the bot can be better.
With higher amounts, using an exchange is for sure a better option.

Thanks for your interest!

I believe this is the other way around, though I am not too familiar as this is my first time seeing this kind of service, but based on my understanding, this works within stake platform only, not from outside to stake. I think this works like tipping an account.

I hope @poorbot could shed light a bit on our concern here.

Just saw your reply, yes, exactly!


I thought this kind of internal exchange/swap service was a more known thing. I've edited the main post to include a brief summary on what it does. Thanks again!

[SamReomo]

It's useful for balances already in your account. On Stake, Bitcoin withdrawals have $4.11 fee at the moment (and they take way longer), while Litecoin only has $0.02.

Yes, currently the Bitcoin transaction fees are high due to network congestion but at least with the help of your bot the players can convert their Bitcoin into LiteCoin and will pay low withdrawal fees minus the swap fee that the bot cuts. I believe it's a very good feature in a bot and I'm happy to see that you are already promoting your bot via a signature campaign. I hope players will like your idea and it sounds like a good bot to me.

I would also love to welcome you to this amazing forum and I hope that you will get some good players who may get some benefit by using your bot.

[CryptSafe]

Welcome to bitcointalk platform. I really commend you for this innovation and development. I was wondering why your licence was not displayed on your website for all to see because that would convince your prospective clients that you are legit and legally registered as that is one of the basic information they look for on websites before they engage.

Since your licence is not there on your website, can you clearly tell us under which jurisdiction you are registered? So we could know as you can see the interest in your services here and I will also applaud your move to embarking on a promotional campaign. This would boost your presence here on bitcointalk platform. Congratulations one the launch of your project.

Hello, there's no registration, and it would probably not be possible. This service works via Stake's tipping feature, it receives a "tip" from user, and promises to send back that amount (minus fees), in the currency of user's choice via tips again. It's nothing official.
And the limits are low, since this is mostly useful for exchanging "dust" amounts. If you have $5,000 to exchange obviously this is not the best choice!
Regarding legitness, it takes a long time to build trust and only one bad transaction to lose it. And again since this service is meant for small amounts, it wouldn't make sense to be malicious!

Thanks for your comments!

It is good your clarifications as it pertains to your website. This has given me more confidence to patronise your services. Since it is only starting with a small amount, that would be good to check the performances and reliability of your services so that if there are any lapses, you could fix it up without much side effects on your website and also it would not too worry users of the website as well.

I checked and see you already hired a manager for your promotional campaign. I must say that yahoo62278 is one of the best experienced managers here and I strongly believe your services would definitely gain the attraction it deserves through his promotional campaign.

[Mahdirakib]

Yes, it's quite similar to Dinabot, I personally didn't like it / some features of it, so decided to make a better one (in my opinion )

I have used Dinabot a lot of times in the past. The exchange fee rate is pretty high at Dinabot (3%-5%), otherwise it was pretty good and smooth. But your one is better as you are providing the service with 0.3% exchange fee only. You are providing a 3rd party service, but this type of service doesn't work automatically without API access from the site. Have you taken the API access from Eddie? Or will your exchange service work manually?

[poorbot]

I have used Dinabot a lot of times in the past. The exchange fee rate is pretty high at Dinabot (3%-5%), otherwise it was pretty good and smooth. But your one is better as you are providing the service with 0.3% exchange fee only. You are providing a 3rd party service, but this type of service doesn't work automatically without API access from the site. Have you taken the API access from Eddie? Or will your exchange service work manually?

Not from Eddie himself, but yes, of course we've arranged it and bot is using API. Otherwise it'd be pretty hard to manage
Thanks for your comments!

[Haunebu]

It's useful for balances already in your account. On Stake, Bitcoin withdrawals have $4.11 fee at the moment (and they take way longer), while Litecoin only has $0.02.
It can also be useful when the withdraw destination does not support the currency you have. Or, when you have multiple currencies (from challenges, promotions, rakeback, rains etc.) and you want to combine them, either to play or withdraw.
For gambling part, some games have different minimum bet amounts as well. Going even further, some players believe you have "different luck" with other currencies on some games!

While $10-20 fee is relatively reasonable for a $5,000 balance, when you have smaller balances, say under $100, or need a quick transfer, using the bot can be better.
With higher amounts, using an exchange is for sure a better option.

Thanks for your interest!

Looks like I misunderstood your service. I am aware of internal exchangers which is why I will definitely be using your bot in the future thanks to the low fee advantage and because I play in Stake now and then.

Can your bot cover other sites too such as Nitrobetting, Sportsbet.io etc? An all-in-one bot like that would be spectacular.

[notblox1]

I dont use Stake so much these days and it would be cool to enable this for other casinos.
This tool looks useful, but what happens if bitcoin was sent to exchange when fees are high like it is now?
Are you using other third party external exchanges or something else?

[poorbot]

Looks like I misunderstood your service. I am aware of internal exchangers which is why I will definitely be using your bot in the future thanks to the low fee advantage and because I play in Stake now and then.

Can your bot cover other sites too such as Nitrobetting, Sportsbet.io etc? An all-in-one bot like that would be spectacular.

Thanks for your interest! Unfortunately I'm currently not thinking about adding other sites :/

I dont use Stake so much these days and it would be cool to enable this for other casinos.
This tool looks useful, but what happens if bitcoin was sent to exchange when fees are high like it is now?
Are you using other third party external exchanges or something else?

Thanks for your comment, unfortunately at the moment I'm thinking about continuing with Stake only

Since you will send the bot a tip from Stake, there are no fees on that, and for actual exchange bot uses its own liquidity.
Given that it's used mostly for small amounts, handling that is not much of an issue

[yahoo62278]

Signature campaign is now live for those who might be interested in joining. Looking for only hero or legendary members currently https://bitcointalk.org/index.php?topic=5479483.msg63398391#msg63398391

[AprilioMP]

Campaign should launch within 24 hours. OP has already sent funds for the 1st week and we are good to go, just waiting for designer to reply. Hope this calms everyone down for the next few hours at least. I'll let everyone know when it's ready.

It has appeared and has been seen by 201 people with 7 participants registering. It is likely that the number of participants applying will increase in the campaign you are entrusted to manage.
The designer is good. Hopefully this campaign will live long yahoo62278.
Participants who meet the requirements to participate are those with the rank of Hero - Legendary.
Good luck to you and poorbot.io

[tbct_mt2]

Your exchanger is no registration, no KYC.

I do not see your exchange at two websites.
https://kycnot.me/
https://orangefren.com/

You can pull a request to those website teams and ask them to consider listing your exchanger there. If they agree to list your exchanger, it will be a good marketing for your business.

Could I know why this thread is in Gambling, even I see connection to Stake?