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Topic: 🌀 Galactix.io - Cosmic Crypto Casino 🚀 3000 Games! 🎰 - page 15. (Read 5895 times)

hero member
Activity: 672
Merit: 501
If this were true, I would agree with you.
But, what I understood from the entire post and sentences of the representative of Galactix.io, this is not what he meant I guess  Roll Eyes . Because as you can see I have already marked down it to green on the bellow they "to withdraw we must have to wager an amount equivalent  to our deposit amount and about the $100 deposit and wager and the $100 withdrawal I think they must said it just an example as he already mentioned  Roll Eyes

Yes, that is correct. Withdrawals are subject to AML policies. To withdraw, you must wager an amount equivalent to your deposit. For example, if you deposit and wager $100, you can withdraw $100. This policy ensures compliance with AML regulations.

The withdrawal policy is not nice because this is like telling the gambler what they would withdraw or not from there own account they funded with there money, actually a gambler should have the right to withdraw any amount they won so long as is below there maximum, however what if someone deposited $200 and won $800 and based on the rules they withdraw $200, how would they be able to make a withdrawal from the remaining $600? Or is it that after the first withdrawal they would use their remaining balance to win the amount use in deposit before they can withdraw again?.
sr. member
Activity: 1680
Merit: 379
Top Crypto Casino
Some gambling sites will allow staking of their coins but again these tactics won't work much. I am saying this based on the experiences as we have few other gambling site having their native token but they aren't performing good in terms of price.

Expectations should always be kept realistic. Going out and buying a large bag isn’t the best strategy. You won’t profit much from trading. The benefits come from earning the tokens and then holding them to earn dividends. Once they are listed you can cash them out or continue holding them if the benefits are worth it.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
Yup, it's their native token and I haven't read anything about listing it on exchanges. This is a good utility token that shall not go out yet on exchanges because that could disrupt the tokenomics of it. So, think of it as an incentived token for their users and the ones that will buy the token inside their own platform. It has some sort of the same function like the ones who invests on casino bankrolls.

Well i am not very much interested in the gambling site token because they do not have much utility. I understand that the gambling site token will used in the site for gambling but that can be done through other coins too, so why need a particular gambling site coin ?

Some gambling sites will allow staking of their coins but again these tactics won't work much. I am saying this based on the experiences as we have few other gambling site having their native token but they aren't performing good in terms of price.
I guess they have a different plan than the other casinos. We don't know how this native token will be in the future but with their plan, I am sure they will develop that and gives more benefit to their members.

If their native tokens can be valuable, that will makes their members and investors happy. Meanwhile, when you gamble in their site, you can earn their token. There is no needs to hurry to announce their plan or gives an update on their site.
sr. member
Activity: 1400
Merit: 468
Yeah. This makes no sense whatsoever. Non bonus withdrawals should have 1x wagering requirement max in order to avoid money laundering which is probably what they meant in this case.

If it's what you mentioned, they would lose a ton of gamblers instantly since such a rule would make no sense whatsoever. Let's see how they respond to this.
If this were true, I would agree with you.
But, what I understood from the entire post and sentences of the representative of Galactix.io, this is not what he meant I guess  Roll Eyes . Because as you can see I have already marked down it to green on the bellow they "to withdraw we must have to wager an amount equivalent  to our deposit amount and about the $100 deposit and wager and the $100 withdrawal I think they must said it just an example as he already mentioned  Roll Eyes

Yes, that is correct. Withdrawals are subject to AML policies. To withdraw, you must wager an amount equivalent to your deposit. For example, if you deposit and wager $100, you can withdraw $100. This policy ensures compliance with AML regulations.
full member
Activity: 203
Merit: 106
Wow, that really nice, stuffs like this are what make a project outstanding and unique especially a gambling project. If it get listed and when it get listed I believe it one way ahead of other competitors in the market.
It’s the trendy at the time,
Casino tokens and with the project having one of its own, it’s another way to redefine its purpose to gamblers and ensure gamblers have the ease of deposit and withdrawal with the use of these tokens, especially when they are tradable.
I had to check on coinmarketcap and we have a couple of closely related galaxy projects out there but, the casino token would do a lot more better with the casino coming into limelight. Traveller gets to travel the charts real soon.
legendary
Activity: 3206
Merit: 1174
Leading Crypto Sports Betting & Casino Platform
Yup, it's their native token and I haven't read anything about listing it on exchanges. This is a good utility token that shall not go out yet on exchanges because that could disrupt the tokenomics of it. So, think of it as an incentived token for their users and the ones that will buy the token inside their own platform. It has some sort of the same function like the ones who invests on casino bankrolls.

Well i am not very much interested in the gambling site token because they do not have much utility. I understand that the gambling site token will used in the site for gambling but that can be done through other coins too, so why need a particular gambling site coin ?

Some gambling sites will allow staking of their coins but again these tactics won't work much. I am saying this based on the experiences as we have few other gambling site having their native token but they aren't performing good in terms of price.
hero member
Activity: 3234
Merit: 775
Top Crypto Casino
Welcome to the forum galactix.  Smiley
The futuristic galactix originals are interesting and I am happy to see that there's plinko in it which is the game that I gambled on the most. Not only that, just as the other casinos that have also a native token of theirs, you also have it and you're distributing your profit to the holders of GLX token.

It's encouraging to hear that Galactix has its own token. But from what I understand, it is still an internal token on the gaming platform for now, and the GLX listing is just ahead. The GLX token balance is displayed for each user of the gaming platform. On the PC version of the sites, GLX token information is posted in the upper left corner, right after the user's avatar and login.


Yup, it's their native token and I haven't read anything about listing it on exchanges. This is a good utility token that shall not go out yet on exchanges because that could disrupt the tokenomics of it. So, think of it as an incentived token for their users and the ones that will buy the token inside their own platform. It has some sort of the same function like the ones who invests on casino bankrolls.
hero member
Activity: 1316
Merit: 407
🌀 Cosmic Casino
Welcome to the forum galactix.  Smiley
The futuristic galactix originals are interesting and I am happy to see that there's plinko in it which is the game that I gambled on the most. Not only that, just as the other casinos that have also a native token of theirs, you also have it and you're distributing your profit to the holders of GLX token.

It's encouraging to hear that Galactix has its own token. But from what I understand, it is still an internal token on the gaming platform for now, and the GLX listing is just ahead. The GLX token balance is displayed for each user of the gaming platform. On the PC version of the sites, GLX token information is posted in the upper left corner, right after the user's avatar and login.

IMG

I agree, this makes access to the project more accessible. Because it's not just another betting site, you can actually earn other profits besides betting. And the introduction of the GLX token is something that few have and the distribution of profits as well. As you said, it's not listed yet but who knows in the future? Members only have advantages here.
full member
Activity: 536
Merit: 168
It's encouraging to hear that Galactix has its own token. But from what I understand, it is still an internal token on the gaming platform for now, and the GLX listing is just ahead. The GLX token balance is displayed for each user of the gaming platform. On the PC version of the sites, GLX token information is posted in the upper left corner, right after the user's avatar and login.


Wow, that really nice, stuffs like this are what make a project outstanding and unique especially a gambling project. If it get listed and when it get listed I believe it one way ahead of other competitors in the market.
hero member
Activity: 2912
Merit: 556
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
~snip~


I don't know if we are having different deposits options but TRX deposit on my account is still the same $20 minimum deposit just as everyother coin or is there something I am missing?

Maybe you could show me where I am getting it wrong!
I wonder why you have a different deposit amount than me. Perhaps you can asks the support system if something wrong with your account or not.





You can see from the image what is my deposit amount. If I activate the bonus, the min amount will be $20.
hero member
Activity: 756
Merit: 1030
Top Crypto Casino
Welcome to the forum galactix.  Smiley
The futuristic galactix originals are interesting and I am happy to see that there's plinko in it which is the game that I gambled on the most. Not only that, just as the other casinos that have also a native token of theirs, you also have it and you're distributing your profit to the holders of GLX token.

It's encouraging to hear that Galactix has its own token. But from what I understand, it is still an internal token on the gaming platform for now, and the GLX listing is just ahead. The GLX token balance is displayed for each user of the gaming platform. On the PC version of the sites, GLX token information is posted in the upper left corner, right after the user's avatar and login.

hero member
Activity: 2520
Merit: 783
That's an excellent idea mate, I follow a lot casino on social media and posting competitions and free bonus offer definitely attract more gamblers to explore the casino and also keeps the casino social media activity active enough to be even earnings them profits off their social media accounts.
it will definitely attract new gamblers especially if the name of the casino is always appearing on one's timeline i also think that an active social media is not only good for new customers but also established ones because it allows existing gamblers to have a platform to be able to communicate to the casino and this will also increase confidence in the platform if the gamblers are seeing that there's activity from the social media accounts also helpful to spread any announcements to be made in the future

Its common way to market and build a solid community, but for sure they already know about that then maybe they will go into this option since later on once maybe if they are not busy with other stuff. But they can lurk or speculate around on other big casino on what they usually do on their social media pages so that they can get an idea on how to run a promotion on their social media channels to.

They are still doing good for running a signature campaign here and I guess this is the start of their efforts to do more good marketing for their casino.

I always following lots of casino on X and I can say that I'm enjoying all the offers and giveaways they post there.
full member
Activity: 2576
Merit: 205
🌀 Cosmic Casino
That's an excellent idea mate, I follow a lot casino on social media and posting competitions and free bonus offer definitely attract more gamblers to explore the casino and also keeps the casino social media activity active enough to be even earnings them profits off their social media accounts.
it will definitely attract new gamblers especially if the name of the casino is always appearing on one's timeline i also think that an active social media is not only good for new customers but also established ones because it allows existing gamblers to have a platform to be able to communicate to the casino and this will also increase confidence in the platform if the gamblers are seeing that there's activity from the social media accounts also helpful to spread any announcements to be made in the future
Quote
The social media platform X is an ideal place to do such promotions and also the games and round board in the community here is also another place to engage gamblers fully in your casino.
yeah i have also seen some make use of discord servers could that possibly be considered in the future? certainly a campaign like this in the forum will allow gamblers to discuss about the platform and stay connected and relating to the project which would only encourage them more to keep using said platform
hero member
Activity: 3234
Merit: 775
Top Crypto Casino
Welcome to the forum galactix.  Smiley
The futuristic galactix originals are interesting and I am happy to see that there's plinko in it which is the game that I gambled on the most. Not only that, just as the other casinos that have also a native token of theirs, you also have it and you're distributing your profit to the holders of GLX token.
full member
Activity: 536
Merit: 168
I don't know if we are having different deposits options but TRX deposit on my account is still the same $20 minimum deposit just as everyother coin or is there something I am missing?

Maybe you could show me where I am getting it wrong!

I have min $20 dollars for all coins as well, but maybe it's not the same for all users.

I decided to try this 150% deposit bonus. I know in advance it will be a gambling night, all deposit bonuses force us to play & wager a lot, but to finish the bonus and meet the wagering requirements we need to have a lot of luck and some great hits.

My deposit & bonus are confirmed in less than five minutes, so I am ready to go! Good luck all players!
At least I now see I'm not the only having $20 as minimum deposit, for now I can't afford to make $20 deposit but I really can't wait so I can get the deposit bonuses as well. Goodluck in your gambling mate.
full member
Activity: 203
Merit: 106
Yeah. This makes no sense whatsoever. Non bonus withdrawals should have 1x wagering requirement max in order to avoid money laundering which is probably what they meant in this case.

If it's what you mentioned, they would lose a ton of gamblers instantly since such a rule would make no sense whatsoever. Let's see how they respond to this.
It’s always been the policy about deposited funds on gambling sites. You’ve just get to roll it over at least once. Some policies even go as far as decided on what odds might be acceptable for the roll over. You don’t get to find this often on Casino games though and rightly so since, you would be relying largely on luck here.
It’s fair play and fair game on the terms and 1x is good enough than, some gambling sites that would require of you to do 2x or 3X and even more. You would run out of luck in this way.
legendary
Activity: 3346
Merit: 1191
I don't know if we are having different deposits options but TRX deposit on my account is still the same $20 minimum deposit just as everyother coin or is there something I am missing?

Maybe you could show me where I am getting it wrong!

I have min $20 dollars for all coins as well, but maybe it's not the same for all users.

I decided to try this 150% deposit bonus. I know in advance it will be a gambling night, all deposit bonuses force us to play & wager a lot, but to finish the bonus and meet the wagering requirements we need to have a lot of luck and some great hits.

My deposit & bonus are confirmed in less than five minutes, so I am ready to go! Good luck all players!
full member
Activity: 536
Merit: 168
~snip~
You can check on the deposit page. They have BTC, ETH, TRX, BNB, USDT. The lowest coin amount to deposit is TRX which is 18.74765650 TRX. If you deposit 20 TRX, that will be $5.35 which is low. All coins have almost the same amount in USD, equal to $10 so that is not too high. However if you activate the 100% Deposit Match Bonus, your minimum amount to deposit will be $20.


I don't know if we are having different deposits options but TRX deposit on my account is still the same $20 minimum deposit just as everyother coin or is there something I am missing?

Maybe you could show me where I am getting it wrong!
legendary
Activity: 3206
Merit: 1174
Leading Crypto Sports Betting & Casino Platform
-snip-
Yeah. This makes no sense whatsoever. Non bonus withdrawals should have 1x wagering requirement max in order to avoid money laundering which is probably what they meant in this case.

If it's what you mentioned, they would lose a ton of gamblers instantly since such a rule would make no sense whatsoever. Let's see how they respond to this.

Perhaps OP made a small mistake on the example, I'm trying to think positively until OP give a clarification as maybe OP want to say that in order to withdraw, 1x wagering of the deposited amount is required.
The withdrawal terms information also the same as most other casinos, so hopefully it is just about not a clear example only.
Of course they will lose their players if it works like what the example I gave above because it will be like that the casino wont allow players to win.

Galactix team should see what other gambling sites are following the wagering requirements and should make similiar rules for wagering and deposits. If they try to experiment with unrealistic expectations and give tough wagering conditions then gamblers will avoid this site. I hope OP clarifies this and there should be only 1x wagering requirement for the deposits. Yes, if they offer any bonuses etc, then they can charge extra wagering conditions.
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