Yeah, because I like to take advantage of existing technology, so I'm very happy with online gambling, not gambling using fiat which is done somewhere. Because if gambling uses fiat somewhere, it becomes a bad sight for every eye in my place. If online gambling uses crypto, then people don't know that every day we are gambling, because online gambling can be done anytime and at our own homes. This is very fun because it's more privacy.
Topic: Gambling with Fiat or Crypto? - page 17. (Read 3124 times)
Anyone who gamble online knows that cryptocurrencies are better and easier to use. Easy and fast deposits, same as withdrawals, there are no bothering about KYC, cards, documents, and many other things that drives us crazy!
When I started with online gambling it was a pain in the ass for me to deposit and withdraw money, with cryptocurrencies everything was so easy and simple. I will never return to fiat online gambling!
You're right about the convenience part and the fast withdraw part to be one of the basic reasons why most gamblers like crypto gambling sites but the last I checked there are still some crypto gambling sites that also bothered their site users with the KYC procedure sometimes when the players are winning.When I started with online gambling it was a pain in the ass for me to deposit and withdraw money, with cryptocurrencies everything was so easy and simple. I will never return to fiat online gambling!
Honestly, gambling using fiat or crypto doesn't really matter for me.
The important things went i doing a gamble not from which currency i use to do a gamble, but how i can manage the fund and split to each category for a martingale system. Since i don't to be track went do a gamble, at least they withdrawal/deposit system using a cryptocurrency for the balance currency at the games FIAT/Crypto i don't really care.
The important things went i doing a gamble not from which currency i use to do a gamble, but how i can manage the fund and split to each category for a martingale system. Since i don't to be track went do a gamble, at least they withdrawal/deposit system using a cryptocurrency for the balance currency at the games FIAT/Crypto i don't really care.
Crypto for sure, If the volatility is the only concern in crypto then just use stable coin whenever you have done in gambling for the day and just convert it back again to crypto that whatever you desired to use in gambling.
I do this often times when I'm tight with funds and using my personal earnings in FIAT to convert to crypto for gambling. Using fiat to play online gambling is really hassle. All online casino that accepting fiat
needs a document about you so that they comply on the law. Some country prohibits online gambling too so it's very hard to find a legit casino that accepting fiat.
You are right mate, crypto is surely the Best and I think volatility shouldn’t even be an issue of concern. Everyone gambling with crypto should be familiar with its volatility attribute. The only challenge I am personally having with crypto now is the fact a lot of crypto sites are now asking for KYC. This is really disturbing and I hope something is done about it very soon because I believe that could scare alot of players away but in anyway, it is still better than fiat.I do this often times when I'm tight with funds and using my personal earnings in FIAT to convert to crypto for gambling. Using fiat to play online gambling is really hassle. All online casino that accepting fiat
needs a document about you so that they comply on the law. Some country prohibits online gambling too so it's very hard to find a legit casino that accepting fiat.
I have never gambled with fiat, I became a gambler using cryptocurrency but from everything I have read about fiat and in comparism to crypto, and in recalling how I got introduced to gambling, we would admit that crypto gambling is most definitely the best.
I like gambling with crypto but the last I checked the anonymous was not only the reason some people chose to use the crypto gambling site because there is still some crypto gambling site that requires KYC from their customers when huge winning or withdraws is involved and people still use them.
I think the major reason why people choose the crypto gambling site is the ease of gambling and almost instant withdraw despite the cheap transaction fee.
I think the major reason why people choose the crypto gambling site is the ease of gambling and almost instant withdraw despite the cheap transaction fee.
one of the things I like gambling to use crypto is anonymous, because if gambling using fiat in my country is too dangerous, I could go to jail. on the other hand, the ease of using crypto is very instant, like when I gamble on DirectBet. yes I do not like it, currently there are so many kyc systems in the crypto world, whereas initially I used crypto because it was anonymous.
What's best for gambling online? Crypto or Fiat? As for me, I'd rather go full crypto than Fiat for many obvious reasons. Crypto may be extremely volatile, but it's anonymous (depending on the coin) and censorship-resistant. Fiat may bring convenience to people that are not tech-savvy enough to understand crypto, but it can easily be traced by worldwide governments.
Crypto enables online casinos to perform their operations in a somewhat anonymous fashion. Both the gambler and the owner benefits from this. But I understand that crypto is still not accepted at physical casinos. In this regard, Fiat is the winner.
Nonetheless, what are your thoughts?
Crypto enables online casinos to perform their operations in a somewhat anonymous fashion. Both the gambler and the owner benefits from this. But I understand that crypto is still not accepted at physical casinos. In this regard, Fiat is the winner.
Nonetheless, what are your thoughts?
For a long-time user of the crypto and the fiat, I prefer to use the use of cryptocurrency for gambling because the price of the crypto is very volatile every time the price goes up, and you can also earn more profit on every time. You can also make more earn extra money in using crypto in gambling because there are a lot of websites or platforms that support the use of the cryptos as a payment or wage because it is less hassle to transfer than the fiat. The fiat is a government handled and the value are fixed, and the government also have the authority to monitor where you put or uses your money it recorded all of the transaction you made.
Gambling with crypto is more comfortable than doing the same with fiat. The process involved is big, and that requires patience to fulfill all the necessities required from the banking end. With crypto these days websites have got inbuilt wallets for majority of the cryptocurrencies in the top order. I prefer to play with bitcoin, ethereum and xrp.
It is easy to play gambling if you use the crypto because there is no so much information and verification needed to transfer your money into that platform or websites you use. In fiat, all of the transactions you made are recorded and monitored. Still, it was good too because you know what happened to your money if you gain profit or not.
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I like gambling with crypto but the last I checked the anonymous was not only the reason some people chose to use the crypto gambling site because there is still some crypto gambling site that requires KYC from their customers when huge winning or withdraws is involved and people still use them.
I think the major reason why people choose the crypto gambling site is the ease of gambling and almost instant withdraw despite the cheap transaction fee.
I think the major reason why people choose the crypto gambling site is the ease of gambling and almost instant withdraw despite the cheap transaction fee.
Anyone who gamble online knows that cryptocurrencies are better and easier to use. Easy and fast deposits, same as withdrawals, there are no bothering about KYC, cards, documents, and many other things that drives us crazy!
When I started with online gambling it was a pain in the ass for me to deposit and withdraw money, with cryptocurrencies everything was so easy and simple. I will never return to fiat online gambling!
When I started with online gambling it was a pain in the ass for me to deposit and withdraw money, with cryptocurrencies everything was so easy and simple. I will never return to fiat online gambling!
What's best for gambling online? Crypto or Fiat? As for me, I'd rather go full crypto than Fiat for many obvious reasons. Crypto may be extremely volatile, but it's anonymous (depending on the coin) and censorship-resistant. Fiat may bring convenience to people that are not tech-savvy enough to understand crypto, but it can easily be traced by worldwide governments.
Crypto enables online casinos to perform their operations in a somewhat anonymous fashion. Both the gambler and the owner benefits from this. But I understand that crypto is still not accepted at physical casinos. In this regard, Fiat is the winner.
Nonetheless, what are your thoughts?
Crypto enables online casinos to perform their operations in a somewhat anonymous fashion. Both the gambler and the owner benefits from this. But I understand that crypto is still not accepted at physical casinos. In this regard, Fiat is the winner.
Nonetheless, what are your thoughts?
Crypto has already conquered the online gambling, offline gambling will soon come after this, I prefer gambling with Crypto than Fiat whether online or offline, but right now I can only do it through online gambling, it's more convenient and I can trace if my deposit and withdrawal have arrived.
since the moment i found cryptocurrency casinos?i never tried to play in Fiat(of course Real casinos dont include here as there is only few in my country that accepts Crypto)the thing is why should i need to use fiat when i can easily convert the fiat into crypto and use to play?so the chance of making more profit when volatility favors me is indeed?
so its Crypto and no to Fiat.
so its Crypto and no to Fiat.
For me crypto gambling is the best option. Despite its volatility I can avoid a lot of fees I would have to pay through fiat gambling. As we can convert crypto to fiat anytime, the main issue that is volatility can also be avoided.
Furthermore it's much faster to start playing at different crypto gambling sites than playing at fiat casino sites which will ask for a lot of informations, confirmations and don't expect the registration happens smoothly.
Furthermore it's much faster to start playing at different crypto gambling sites than playing at fiat casino sites which will ask for a lot of informations, confirmations and don't expect the registration happens smoothly.
In my opinion, if the gambling site is very legit then I could enter my bank details for fiat payment. But this is very risky so for me I will choose crypto for gambling and I more than comfortable enough to play without anything to worry about.
Also the identity is important for me. If that gambling site becomes a scam or bankrupt then how about the details encrypted like bank, name, address that I input? It will be at risk knowing that.
So for me, crypto is the best choice.
Also the identity is important for me. If that gambling site becomes a scam or bankrupt then how about the details encrypted like bank, name, address that I input? It will be at risk knowing that.
So for me, crypto is the best choice.
That is why many of us prefer to choose the crypto gambling site because by using crypto, we can hide our identity to playing gambling and not just for gambling. We can also use crypto for another thing. But even though the gambling site is legit, if the gambling site only uses fiat to deposit and make a bet, then I don't want to register with them because that means I need to send my documents to them. I don't want to give my personal identity for just playing gambling because that will not worth it.
Eh, I'd rather gamble with crypto online because I don't initially have to submit any verification to gamble, and I've never had any issues with winning large amounts such that sites start asking me for verification, but then again I also look into what sites do this every now and then and I also don't gamble terribly high amounts of money. Doesn't make any sense at the moment to gamble with crypto in a physical casino IMO though, because it's just way easier to pay with almost anything else in that instance, no matter how fast transactions or confirmations might be.
In my opinion, if the gambling site is very legit then I could enter my bank details for fiat payment. But this is very risky so for me I will choose crypto for gambling and I more than comfortable enough to play without anything to worry about.
Also the identity is important for me. If that gambling site becomes a scam or bankrupt then how about the details encrypted like bank, name, address that I input? It will be at risk knowing that.
So for me, crypto is the best choice.
Also the identity is important for me. If that gambling site becomes a scam or bankrupt then how about the details encrypted like bank, name, address that I input? It will be at risk knowing that.
So for me, crypto is the best choice.
my personal experience, gambling with crypto is more comfortable than fiat. Before getting to know crypto, I bet sports at one of the world's biggest gambling sites but to make a deposit is very complicated because I have to do it via credit card... Betting on crypto gambling sites is easier, we only need to deposit the cryptocurrency recommended by the gambling site and some provide a faucet that makes it easy to bet when gambler runs out of capital.
If you do not take into account anonymity, then I prefer to gamble using cryptocurrencies.
Firstly, it is blockchain, which means that the probability that the casino is cheating tends to zero, secondly,
The majority of gambling sites that accept cryptocurrencies are off chain so there's still possibility for them to cheat. Only a few sites still uses on chain gambling the rest are switching to off chain since it's much convenient for the players. Firstly, it is blockchain, which means that the probability that the casino is cheating tends to zero, secondly,
I'm not looking for a big win. I have reached the minimum wd, so I will immediately wd.After I calculated at a minimum I can produce 0.02 btc each month from the gambling site. There are several sites that I visit often. The 0.02 btc is the result of all of these sites.All depends on focus. If looking for a big win is rather difficult, it's clear the gambling system system will defeat us
You're lucky to get away with those winnings, most gambling sites won't allow you to withdraw profits from faucet as it can be seen as faucet abuse.
It is all about transfers and anonymity are the reasons why we are preferred to used crypto over fiat in gambling but I'm afraid that gambling sites will require KYC to verified our account especially those who have a huge transfer and losses our anonymity at all.
It has to believe that most of us are using both fiat and crypto in gambling. Well, it is an option and I don't think that crypto is accepted in all gambling sites, and not also accepted in offline casinos that it force gamblers to used fiat. And for sometimes that I've converted my crypto to fiat for I have a chance to used it in offline casinos.
It has to believe that most of us are using both fiat and crypto in gambling. Well, it is an option and I don't think that crypto is accepted in all gambling sites, and not also accepted in offline casinos that it force gamblers to used fiat. And for sometimes that I've converted my crypto to fiat for I have a chance to used it in offline casinos.
Nonetheless, what are your thoughts?
If you do not take into account anonymity, then I prefer to gamble using cryptocurrencies.
Firstly, it is blockchain, which means that the probability that the casino is cheating tends to zero, secondly,
I’m not a very big gambler, but I try to immediately transfer the rest to fiat, after gambling, if possible.
If not, then leave my small amount on the platforms.
I do not see problems with gambling using fiat funds if the jurisdiction of your country does not prohibit casinos.
Firstly, it is blockchain, which means that the probability that the casino is cheating tends to zero, secondly,
I’m not a very big gambler, but I try to immediately transfer the rest to fiat, after gambling, if possible.
If not, then leave my small amount on the platforms.
I do not see problems with gambling using fiat funds if the jurisdiction of your country does not prohibit casinos.
I don't think that there's a huge difference between whether gambling with fiat or bitcoin, it's all about gambling sites which are based for crypto gambling didn't require your documents like Passport or ID card for verification like in gambling sites using fiat. I think also it's easier to gamble using cryptocurrencies that fiat cause it's always like few clicks and you'll load your account and make your bets and not like gambling sites which accept only fiat.
I don't really agree with that. On fiat bookies I use Neteller, Skrill and paysafecard. all 3 of them do not charge any fee and load my gambling accounts instantly. So there are many ways to fund your account on a fiat gambling site instantly. Even credit card deposits are instant. I think the only method that can take some time is a local bank transfer.
But I prefer skrill and Neteller. deposits and withdrawals lost instantly. If I for example witdraw from pokerstars to skrill I have my withdraw within 20-30 minutes most of the times. it happened once I had to wait for a day or so.
Agree crypto platforms do not require kyc but wait until you make a huge win. There are several that request kyc all of a sudden. and believe me it can be a hassle. saw many cases funds and account getting locked or frozen. So I still prefer gambling on fiat rooms and don't mind doing the kyc procedure
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