Topic: Is this considered a safe practice (Read 1527 times)

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.

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.

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.

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.

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.

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.

That is why I and the community in this forum say that it is not recommended for anyone to use a credit card to play casino, especially on sites that are not trusted. It is possible that credit card information can be vulnerable to theft of credit card information and can be detrimental to the gambler, especially if using a credit card is dangerous if it is not controlled. because it will make the bill swell.

Addicts are strongly discouraged from using a credit card besides being unsafe it will make him trapped in debt, therefore I also never recommend it because this is not a safe practice for online casinos, after all crypto makes it easier for all gamblers to make deposits and play, the role of credit cards not worth using for online payment like casino except crypto.

We cannot make a conclusion on those using it because some were out of ignorance while some intentionally shows I don't care attitude towards it thinking that nothing bad or is at stake in doing so, well you can now see for yourself also that the way we all handle matters is different from each other, which also means that we should not handle anything that has to do with our information and privacy with lesser priority and care.

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

In fact, the most important problem for many gamblers is the preservation of anonymity, and this is very important for them because of such games they can face serious troubles or even punishment, which is practiced in different countries.  Even here on our forum there are users who take a big risk just by posting in BTT or using cryptocurrencies.  
Here , for example, is one of our colleagues.  
So playing from such countries is generally very risky.  And making deposits from your official accounts in banks and in fiat currencies is simply unthinkable and extremely dangerous.  Such casinos where there is no KYC, therefore, must exist.  And payment for games in them should be in cryptocurrency while maintaining the anonymity of the player.  And unfortunately, there are fewer and fewer such casinos.  And this is generally wrong when it comes to crypto casinos.

We know if anyone wants to connect their debit or credit card to a crypto casino, but I suspect someone will. Those who do this probably have so many people that they don't mind using their debit or credit card to deposit money directly. They should really limit the use of money on their debit or credit cards so they don't run into problems or lose money. And preferably, if it is a crypto casino, we should also use crypto because we already have a wide selection of coins to gamble with.

Because we are humans, we must really take care of ourselves as well as possible by not doing things that can make or harm us. Using a debit or credit card means that we risk hacking or stealing data, and maybe hackers can take all the money on our debit or credit card. So we should avoid using these two types of cards for our own good so that we only gamble using the money we can afford.

The worry is that they can lose self-control while gambling which can cause the deposit amount to increase, and they cannot control their money and themselves. They have to worry if their credit card bills can swell because of deposit after deposit they make to play gambling.

OP can use or spend anything with his credit and debit cards, but he should know that linking his debit or credit card to his gambling account is not a good idea. So he'd better think about it before actually hooking up.

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.

To me using your cards online is stupid and only dump ass do that mostly when you use those card on unreoutabke sites and platforms that have high disadvantages on the player, we have had issues like this where players complain of exploiting their card details so it is not safe to use your credit card online.

I seems that you missed a part of dialog. We were talking about a part of taxes, we don`t pay and how fast the tax service will ask some questions. The problem is that in my country is difficult enough to explain to tax service employers what is cryptocurrencies and why i can lose money and how to calculate my loses and profits.


The tax service don`t need to catch you when you use cryptocurrencies. They can catch you, when you convert you cryptocurrencies to fiat money. So they can`t stop the gambling, but can intercept you profit in fiat money.

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.

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.

For credit card users it is very dangerous if you can't control yourself in playing gambling, let alone being able to continue making deposits until your credit card bill reaches swelling, I think besides being unsafe it is also dangerous for people who can't control themselves in playing gambling especially people like that tend to be curious if you haven't won yet.

If OP is playing casino just to make money why shouldn't OP spend anything with a credit card instead of spending it on gambling but in the end it will make the bill swell, even though there are limits, but I think everyone agrees not suggesting credit cards let alone debit to avoid something unwanted.

You're right, we are humans and prone to making series of mistakes knowingly or unknowingly, the best practice against such is abstainance, since we cannot take confidence in whatever we do to always fall under a safety control measures, a personal debit card has the details of our personal life on them and they can use that alone on devices to track our permanent address where we lived in and they perform a physical fraud operations if the digital one is giving though time.

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.

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.