Pages:
Author

Topic: [poorbot.io] | Exchanger for Stake - fast, cheap, simple - page 5. (Read 1399 times)

legendary
Activity: 2254
Merit: 1052
Leading Crypto Sports Betting & Casino Platform
I haven't used this service before, because from what I know it's the first time I've seen this offer on a forum.

Does this mean that this is specifically for stake.com users? I very rarely play at the casino because it is often in other casinos, but if you in the future include many casinos like this then I'm sure this service will continue to be crowded with visitors even though you say only focus on stake.com.

Well if there is time to go back to playing at stake casino, then I will try this service.
For now, poorbot service seems to be only targeted at Stake users, possibly because Stake has one of the most active users possibly in their millions.

But then, just like you, I have also thought about this service extending to other online casinos as well, since we have alot of online casinos that don't bother implementing a swap or exchange service in their system aside from Bc.game which already have their own in-built swap service for their users.

So, I personally would also love to see this service extended to other casinos as well, but like we all know, the service is just starting here and with Stake, the kind of success they record or achieve while providing for Stake users might be the determinant to whether they will extent same service to other casinos in the near future.
hero member
Activity: 1498
Merit: 785
I haven't used this service before, because from what I know it's the first time I've seen this offer on a forum.

Does this mean that this is specifically for stake.com users? I very rarely play at the casino because it is often in other casinos, but if you in the future include many casinos like this then I'm sure this service will continue to be crowded with visitors even though you say only focus on stake.com.

Well if there is time to go back to playing at stake casino, then I will try this service.
legendary
Activity: 2254
Merit: 1052
Leading Crypto Sports Betting & Casino Platform
If you post your BTC tip publicly, someone could enter the site and fill out the form, "on your behalf", and exchange it to ETH instead, since there's no other (practical) way to validate whose tip it is. A possible "attacker" would gain nothing from this but just annoy people.
Ah, I see. Is there no plan to add a verification or something similar to prevent it? I guess the user can simply never post it publicly, but it would be interesting if there was an additional check before somebody made the transaction even in private. I guess that's doable with account registration or something similar, although it would reduce the user experience. I can see people abusing this to discourage using your service, at least publicly since they'd need to do multiple transactions to convert it to the right coins if they fall to such an attack.
I do not know if this have been suggested by someone else  before, but what I did say is, why have the option of either to post the tip publicly when it is strongly advised against?

I mean, if the op doesn't want users to post their exchange request publicly, as it could be hijacked by some random person for whatever reason, why include that option on the exchange form?, they could have just removed it and this will make sure that every exchange request coming from the poorbot will be posted privately which no chance of anyone mistakenly, or out of curiosity, posting or making the request public.

I may need a bit of explanation on this, if non have been given before, what are the possible benefits of posting an exchange request publicly?
full member
Activity: 2366
Merit: 191
★Bitvest.io★ Play Plinko or Invest!
A new type of service providing for stake site , and already having their advertising in this
forum? nice entrance mate you are going good with that attitude so Welcome in this great forum and
wishing you a long business with extension of having other casino offering not concentrating in
Stake.com only.
Signature campaign is now live for those who might be interested in joining. Looking for only hero or legendary members currently https://bitcointalksearch.org/topic/m.63398391
Hope that the team will consider hiring low ranking members  in the future but for now congrats
for having new management , and hope will have more in the coming days.
hero member
Activity: 2100
Merit: 771
Top Crypto Casino
Snip..

Thanks poorbot, for the explanation of how the bot fuctions. I was not sure about it in the beginning and that was the reason I asked such a naive question. I know Stake does not have a cryptocurrency swap facility and this bot will come in handy.

I have another question apart from Stake, any plans to integrate other casinos? There are a couple of big names who have their ANN already in the forum and there are many users from the forums that are active on those platforms who use Bitcoin for gambling.

I am planning to use your bot as I do have an account on Stake and occasionally use it for sports betting. I have a small balance like you mentioned on it and I might use those Satoshis for conversion to another crypto to use them on another platform that I am promoting.  
sr. member
Activity: 1596
Merit: 358
https://shuffle.com?r=nba
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?
Man don't be obvious that you're not reading and not understanding the OP. I think you just read the title and post a reply right away. This  isn't an exchange that what you're thinking. Bitinity already explained it so I don't have too. Now you're promoting this service in signature space I think its time to understand what service you're promoting. Just my two cents.
legendary
Activity: 2170
Merit: 1789
If you post your BTC tip publicly, someone could enter the site and fill out the form, "on your behalf", and exchange it to ETH instead, since there's no other (practical) way to validate whose tip it is. A possible "attacker" would gain nothing from this but just annoy people.
Ah, I see. Is there no plan to add a verification or something similar to prevent it? I guess the user can simply never post it publicly, but it would be interesting if there was an additional check before somebody made the transaction even in private. I guess that's doable with account registration or something similar, although it would reduce the user experience. I can see people abusing this to discourage using your service, at least publicly since they'd need to do multiple transactions to convert it to the right coins if they fall to such an attack.
legendary
Activity: 3066
Merit: 1312
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.
Poorbot is not like common exchanger you can find out there in the market, it is just an exchanger that can be used in one specific casino at the moment. The main purpose is to offer exchange service for Stake players only, means that anyone without Stake account will not be able to use this exchange service. No one will create a Stake account just to use this service because once player try to use it, Stake may do something. I do not think they need to be on such list.

Could I know why this thread is in Gambling, even I see connection to Stake?
Simply because this exchange is mainly targeted to Stake players only, the same as dinabot which has their ANN thread in this gambling board. This is the right board only for their services.
hero member
Activity: 2254
Merit: 831
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?
sr. member
Activity: 322
Merit: 306
Forum Only For Fun
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
legendary
Activity: 3584
Merit: 4420
Signature campaign is now live for those who might be interested in joining. Looking for only hero or legendary members currently https://bitcointalksearch.org/topic/m.63398391
copper member
Activity: 27
Merit: 6
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
legendary
Activity: 2058
Merit: 1264
Logo Designer ⛨ BSFL Division1
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?
hero member
Activity: 3038
Merit: 969
www.Crypto.Games: Multiple coins, multiple games
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.
copper member
Activity: 27
Merit: 6
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 Cheesy
Thanks for your comments!
legendary
Activity: 1820
Merit: 966
In Search of Incredible
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 Cheesy )
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?
sr. member
Activity: 728
Merit: 421
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.
hero member
Activity: 784
Merit: 672
Top Crypto Casino
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.
copper member
Activity: 27
Merit: 6
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!
hero member
Activity: 2716
Merit: 904
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.
Pages:
Jump to: