Topic: Is There Any Crypto Casino With An In-built Mini Crypto Exchange? (Read 295 times)

The high cost actually hinders the casino in building their own exchange though it will surely be convenient to their users. There are a few sites that have added this feature but there are also casinos that are struggling to build one. If their focus is just to maintain their reputation and to keep their business growing, building up an exchange on their site won't be their priority. If more casinos will try adding an exchange feature on their site, they can keep more players who want to save fees from transacting in other exchanges.

Doesnt really cost that much but rather it might really be adding up more hassle and lots of things to consider before adding up some instant or exchange swap sites or feature into their platform.
Im not sure on how much it would be, therefore it might be that expensive or not but just like the rest been mentioning that there are ones who do have their mini-exchange or swap
feature but only limited into few coins but as im not surprised that fees wont really be that something to be cheap and it is really that much sensible if you do pull off those coins
you do have and convert it out into external platforms if you are really that serious on exchanging it which does cause cheaper.

Thee are casinos that enable you to withdraw in any cryptocurrency they accept regardless of what kind of currency you deposited in the platform.  Just like in Rollbit, you can deposit in ETH, BTC, Litecoin, Solana or RLB and withdraw to any of the given cryptocurrency regardless whether you deposit BTC, ETH, etc...



True,setting up an exchange like system cost more than the ordinary crypto casino but some casino had done it anyway.

Creating an exchange within their platform will cost them a lot, they will need to hire more people to focus on this and yes this is why many site don’t want this one. They can just focus on their casino and stay in the competition, many gamblers prefer not to trade their coins/tokens though when they are playing they wanted to stick on it and withdraw the safe crypto to their own personally wallet. Haven’t seen yet a gambling site have this option, maybe its far from reality.

Especially for beginners, it’s common to expect a negative outcome that it might be not working in the future and can only be a waste of time and money. That is why some operators have chose to stick with casinos first and improve all that needs to be improved, and adopt more casinos marketing and promotions because gamblers will surely make it a big thing for them.

This has been the struggle of most bettors these days. I hope more casinos would consider adding an exchange or at least a coin-swapping feature so it will not be hard for gamblers to switch to other coins. However, casinos are still in the process of innovation and development. I'm sure that they will still consider the demand of their users, especially the highly reputable casinos.

And since creating an in built crypto exchange is not the focus, so casinos will focus instead on how to stay at edge with other casinos by trying to adopt more technology trend games, and gains more bonuses and promotions that will attract a lot of old and new users. Maybe later on, when there are huge extra funds available, casinos would love to venture into a new thing and an in built crypto exchange might work.

Well, for me personally, Ive thought deeply about this and have come to the conclusion that it is a great idea, it doesn't matter what any user is saying here.
It is just unfortunate that I don't have any plans of ever launching a casino, if I had, adding a feature like this would have been a priority and I tell you, I will make it become a big selling point of my casino.
And I tell you what?, this is not a full fledged exchange and it doesn't require a license, even if a license is required, i will make sure built it out in a way that regulators won't even know that the casino offer mini exchanges services.

If you don't like using BTC, you can send it to a third party and back it to your betting account. I guess it will be troublesome if we do like that.

And indeed, if the casino has an exchange within the casino, it will make it easy for members to exchange BTC or altcoins for other altcoins. And we don't know why the casino doesn't have this feature or maybe it's related to the license or something else.

Hold on, i was reading your list and correct me if i am wrong but i haven't seen any internal exchange in any of those that i have visited. At least betfury doesn't have internal exchange. They point to externals swaps like biswap, and from what i know of others like stake, you can buy cryptos with third party systems like changelly or moonpay in them. But you can't exchange to other currencies inside the casinos themselves. That would need exchange license and would bring whole another lever of regulations.

So far online casino regulations have been somewhat relaxed compared to exchanges. I am guessing that's one of the reasons they want to stay clear of being an exchange.

That could be another reason too as casinos mainly focus on their own marketing to stay at edge with other casinos. If they also focus on both, I’m afraid that the casino itself will really need huge funds so they can cater both the essentials to run a competitive casino and at the same time working on a reliable crypto exchange. Probably, that would create more stress on the operators as they can both fall unknowingly in the future.

I think it is not commonly used as the casino needs to add some people,mostly to the technical team in order to check the exchange transactions,sure they can use automation tools but when problems happen they need the technical department to see why the bug or error happened,this adds to the cost of the casino,it is an unnecessary cost because big casinos like Stake can really afford it financially speaking but I don't see this feature as something who would change my or other gamblers perspective or I would get any thing better because of this,there are a lot of direct exchanges when I can exchange my coins with low fees.

As far as I know there are casinos that have exchange features, namely metaspin and duelbits but for metaspin I don't really understand how it works because I have never tried playing there but for duelbits if you deposit with BItcoin and want to withdraw with dogecoin or other coins there will be no problem it can be done and I have done it 2 or 3 times recently, at duelbits you don't need to make an exchange first, just choose which coin you want to choose as a withdrawal.

legal issues i guess would be the problem for it. but there have been casinos with built-in exchanges long ago. not seen one anymore. crypto.games may have retained its build-it. i tried to withdraw WAVES from BTC if memory serves. 

But most of them today will just allow you to buy crypto. Stakes for example will allow you to buy some altcoins thru their gateway.

I don't think they'd ever bother for the most part really. Most casinos would probably do (or have done) is let us view it in terms of a specific currency (local ones or USD most often), and that should work since they still technically think that the money involved would be the same in general, whether it was converted from Bitcoin to say, XRP or any other coin. There's also the legal side of things that they probably don't want to touch. I never really took the time to find one or check if the casinos I play at have it, and there are a bunch of answers from others already anw.

Plus, you want to avoid fees but I don't think you'd be able to avoid those regardless if you use a built-in exchange from their casino or through your usual method, they might even ask for more imo.

Well, they do not use their own Crypto exchange ... but you can use https://dinabot.exchange/ that are linked to their Chat feature to exchange some coins. (It also works with PrimeDice.com which is their other casino)

I think the reason why so many of them do not have this, are the additional licenses and financial regulations that this adds to the operating burden. (it also needs extra Staff to manage the problems & maintenance of such a service) 

You want to minimize withdrawal fee by exchanging your bitcoin to other coins if there is an internal exchange in the casino, but didn't you think that there will be always a fee deducted from your coin to use the exchange/swap feature? This is the thing you should consider because the swap/exchange fee can be higher than the amount you want to save for the withdrawal fee. If the main idea is to minimize withdrawal fee, you should always start to deposit with altcoin or to find casinos with cheap fee or even casino that does not charge any fee.

BC.Game and Chips have a mini crypto exchange... Not all coins/tokens are available for exchanging at BC, and Chips have higher fees.


Chips (and some other dividend-based casinos) give rewards in different coins. At BC there is a wheel, prizes for some tasks and coco are in BCD, and there are other coin drops... From the experience, when you are a regular player after some time balances look like a real salad! There is something in every coin, and separated like that is almost like nothing, but combining them can be a good thing to do if it's possible.

I am also trying to remember what site it was that had an exchange injected into their website.
Was it Yolodice back then because they also have Ethereum, Doge, and Litecoin available in their cryptocurrency deposit options? But their service is already closed so it's difficult to verify it. Perhaps digging their thread will be the only answer.
As for my own experience with other gambling sites, I have never bumped into one yet. I don't see freebitco.in as a gambling site so that's a no.

I actually didn't see reasons why one should be bothered about swapping coin after depositing it in a casino not until I read the paragraph where you said that your earnings where sent to your stake.com account, then I really felt for you.
I think you can also suggest this to the admin of stake so the can look into it because aside it's convenience on the side of the players like you who will first have to transfer your money from stake and back again, they can also make some cool cash from this initiative just as OP said as they could charge relatively very low few to get this done and at the end still be in massive profit.
I was thinking if it's possible to even run a p2p on those gambling Casinos.

Currently the reputable and trusted casino that has build in crypto exchange is bc.game, bitsler and cryptogames. I don't know what's your intention, but if you only want to use the casino as mixing service, your account will be flagged and you need to submit KYC to prevent money laundering. Just use the internal exchange for good purpose, you need to use the casino for gambling and there's a requirement to wager x times or amount in order to withdraw your coins without any problem.

I was also going to mention the table but anyway there's a bunch of casinos that have their own exchange it's just that they rarely get any promotion or visibility.

IMO the reason why they're not that common on most casinos is because there's a risk that it won't be profitable since their rates are always higher compared to regular exchanges and that amount of money is probably better spent on other things like marketing or promotions.

In the past Stake had the feature to convert the coins we have in our wallet to the one we wish to play with. Now this feature have been taken away. The swap function has also got limits, that we can't convert free of charge as well as specified volume needs to be availed to swap. If required the available option is to withdraw to an exchange and deposit it back. It is a big process. Almost every platform have provided the access to buy cryptocurrency, which can be used.

It should be embedded within the platform. Casinos that have multiple coin options within their platform should enable fast swap in order for it to not be a hassle to the gambler. They can easily integrate it given that they already have the wallets for those coins, just the balances being transferred from 1 account to another. It doesn't necessarily have to be a full-pledged exchange, just some seamless changing between 1 coin to another.

They will be subjected to the usual crypto-exchanges terms and policies if they will build a mini-crypto exchange.

Might also be the reason for much strict policies regarding KYC.

If we like to gamble with USDT or SHIBA, just deposit these coins next time for comfortability.

We are the one who needs to adjust and not the gambling sites.

I've been playing a lot from different gambling casino and base on my experience I'm only seen the stake.com has this feature. I always have a BTC for the transactions and by that time, the gas fee is so high that I make an exchange to the other coins has a low transaction fee like the XRP and LTC. I do this consistently in stake when I won or want to cash out to my game play which is more convenient than making a transfer again, and exchange then make a withdrawal again it takes a lot of fees and hassle to deal with.

I think if there's a coin exchange conservation directly on the gambling site, it will affect the number of coin reserves per coin wallet if there will be a massive conversion that will take place not unless the gambling site will put a limit on it per user. Especially, if the rates are good, that might be taken advantage of by some users that won't actually play on that site but rather just enjoy the good exchange rates.

That also requires other work for gambling sites since, in the first place, they should prioritize only their gambling side operation and nothing else.

What's also the use of allowing and supporting different coin deposits on their platforms, if at the end, they will allow their users to exchange it on other coins? The best thing would be, just deposit what you think is the good coin to be used.


Wallet Settings > Display in Fiat

That example seems not also make sense to me since that's the payment system of the signature campaign you have joined and you agree with it.

Why there is no exchange in gambling/casino? Probably because it will require another license to operate as an exchange especially for a usdt pair. For simply bitcoin to other non-usd peg alt, i guess that's okay but it will require another resources to build since its not built-in feature for an casino-software.

For simple conversion, just google it or other converter site in your new tab. I will consider it as simple way alternative than demanding new feature for a business, although it might be a good feature but it's not inline on their software.

@OP, you may want to take a look at this thread i created -

LIST Gambling sites with internal exchange

however, been a while that i've updated this thread. check also some conditions that you need to meet before exchanging any coins, some have minimum amt that you can exchange or need to attain certain level before you can use their internal exchange.

but for the OP to know the amount in USD value while betting or playing, what Fivestar above suggested is helpful. i also do that from time to time to know the amount in usd i am using for my bets.

I believe everything that is new in our eyes create a sense of confusion, and might complicate things around as you’ve said. Yes, it will increase their expenses but if that will make the players stay on them, I guess it deserves to be tried. However, if the casino has other plans other than that, then it’s best for the casino to stay in focus on improving its casino’s services than to venture into something new that might be not of their willingness or availability of funds.

So far, I have not played in a casino yet where there is a crypto exchange. Although that seems more advantage too, but it could take more capital too for a casino to create an in built exchange. I have only experienced just like with dollar exchange but not with crypto. But if it will attract more customers to play, then I think that’s a good idea casinos should start to embrace.

Yeah, this one, as much as casino's might want to include it in their platform, but it will be treated differently as far as legality goes. So it will be very difficult for them as they might be treated differently by regulators or those who issue gambling licenses.

So it's really up to us gamblers, how and learn to convert it in our head or uses the tools that casino provided us without the 'actual exchange' of the coins instead.

Legally and cost could be the main reason why they are not willing to include this one, unfortunately.

Regarding your gambling experience in Stake.com and you want to know the exact amount at risk when you are gambling, there's a FIAT DISPLAY VALUE there so you will able to control the staked value instead of referring to BTC.

I don't think there's a gambling site that has the direct conversion of their supported cryptos.

Since such a service doesn't exist much, try to deposit your preferred coins starting now. If you are too concerned about bitcoin withdrawal fees on the payment you are receiving on the Stake signature campaign, then don't withdraw it regularly.

Maybe there are a few casinos out there with this feature but I do not think many casinos are going to offer that service, and the reason for this is that if a casino began doing this and eventually the government where they have their license finds out about it they will know that they are performing services similar to what an exchange can do without the necessary license to do it, so they will get in all kind of legal troubles over a feature that while nice is not an absolute must for them, so in their opinion most likely it is not worth it to implement such a feature.

Well, it’s not wrong if a casino will also try working on a crypto exchange that I think will make the gamblers more satisfying when it comes to their in built service. Although it’s not their focus, but it’s also part of wise improvement that will eventually bring more customers on their site, because believe it or not, it will certainly  become a trend in the future so adopting it in advance would bring more advantage to the casino itself.

I played at fortunejack casino a few years ago but I don't know if the crypto exchange is still there or not because I don't play there anymore, try going there to take a look, I haven't seen any other casino have this kind of exchange feature if there is maybe a 3rd party like this use tip bots, but you should avoid that way to worry about fraud or prevent your account from being detected by multiple accounts

This might not be their priority to innovate because they are a casino after all so better for them to improve their system than to focus on anything that is not their business. Casinos without having their own exchange are still fine as long as there’s a good bonuses and promotions with that site for sure gamblers will not look into this kind of update anymore.

But this could make their platform complicate things if they include this one? I think it's not worth for them if they are going to include as it might add another overhead cost for them.

Majority of them have like the features wherein you can "exchange" it to dollar value when you play like slot so you can see how much money you still have when playing and then immediately convert it back when the value loses. So when at the start you have x amount of BTC, then obviously if you losses some on the dollar value then the value of BTC also goes down for you.

Actually, it is not a common feature of any gambling platform or casinos out here. I've tried a lot of gambling platform that has an ANN thread on the forum, and I can only remember doing such a thing to only one gambling site. Unfortunately, I cannot remember what casino it was, but I was able to deposit BTC and convert it to USD and then to another cryptocurrency that they accept on the platform such as XRP since it has one of lowest transaction fees and the most convenient crypto for me to withdraw on.

About the exchange feature that you're talking about, I don't think there's a casino that has it since it is not an exchange platform. You can only convert tokens to USD on some gambling platforms but not directly exchange them for another token.

Some site uses a dollar value and allows you to withdraw through different crypto, you’ll just need to choose what coins you are going to use though I consider this as an internal arrangement and not a small crypto exchange since its not their business at all and maybe that’s why we can’t see this on every casinos. If you are going to deposit some funds better to use your preferred crypto already, and do the exchange outside the casinos I think this is more convenient to do so, but innovation like this are also welcome.

When it comes to stake then there are people who do make use of that Dinabot.
I dont know if its still functional as of today yet its been a while a havent make use or play on Stake.

How to Exchange Crypto on Stake using DINABOT (Updated)
https://dinabot.exchange/

For other platforms then i dont see for some conversion or internal exchange in between coins which means
that you would need directly to make withdrawals on a particular coin.

OK, I've been playing on stake for a while now and I've not come across such a feature as being able to exchange or convert from one crypto coin to another.
Though your comment made me to go searching stake to try to find where the feature is, I didn't find anything except the ability to display coins in fiat chosen by the user.



This is also good, but in totality, it is absolutely different from what I am asking about.

I think most of crypto gambling sites that offer multiple coin options do have some sort of exchange system within their platform. Although if you're talking about exchanges that offer trading and investments, that could hardly come by because that is a subfeature that could potentially cost them more than the gambling side of their business itself. I think established gambling sites like Duelbits, Betfury, Stake, and many others have this feature built into their platform as it helps customers like you who oftentimes find themselves using the wrong coin for the wrong games. Although in the case of you wanting to easily exchange your bitcoin to usdt. You just need to acquaint yourself to their platform I guess.

Alot of times I've deposited bitcoin into a crypto casino but then realized I could have deposited usdt or Shiba or even TRX instead, and I begin wishing there was a way to convert or exchange my bitcoin balance right inside the casino, to one of those coins I mentioned, without having to withdraw my bitcoin back to a crypto exchange, thereby saving me from reducing my bitcoin balance through paying the withdrawal fee.

There is a crypto casino with such a feature?

Would be really great to see some of the top crypto casinos on this forum consider adding a mini crypto exchange to their platforms, to enable gamblers switch between coins easily,
This could also act as another source of revenue for the casino if they decide to charge a small fee for such services.

Another important example is my current signature Ad payer, am paid bitcoin into my stake.com account, there are times I wish to gamble with part of my earning but wished there was a way to convert that bitcoin to usdt so that I know exactly the amount (in usd) am wagering away.
I personally hate to gamble with bitcoin, because I could be gambling away 0.05 btc and it appears small, but when converted to usdt, that's a really big amount, this is why I prefer to gamble using usdt, or shiba or TRX, which give me clear indications of what am staking and could possibly lose.

What are your thoughts guys?