This is completely wrong, I know some people here from Bitcoin talk who are regular active players. It does not mean that they do not care or they have never made any withdrawals but they are smart enough to avoid the high fees of bitcoin or eth. They prefer to deposit, play, and withdraw using coins with cheaper fee.
In short there are smarter people that knows how to get their money out of the casinos at a lower fees. My friends taught me how to get my money without the hitch of getting a high fees like what @Bitinity has said. 
Topic: Stake.com - The Leading Crypto Casino - Drake, UFC, Everton, Alfa Romeo F1 Team - page 616. (Read 283368 times)
April 12, 2021, 05:35:22 AM
April 12, 2021, 05:13:15 AM
-snip-
As far as I can remember, stake.com has provided internal exchange so that users can exchange their coins to other coins but now I don't see it anymore
I don't know the reason they delete it even though it's very helpful at this time when transaction fees are very high.
As far as I can remember, stake.com has provided internal exchange so that users can exchange their coins to other coins but now I don't see it anymore
I don't know the reason they delete it even though it's very helpful at this time when transaction fees are very high.
That is indeed a great feature I appreciate very much on gambling sites, I use it to switch between coins for several reasons : avoid high withdrawal fees, allow high martingale negative losing streaks switching to coins with a lower unit value, and when I plan not to play for a bit I turn all my balances to the coin I think may grow up in value or at least I think has lower volatility.
Guess also sites earn a bit from commissions for every swap so cannot really understand why the removed it.
Yes commission $2-4 is not a problem instead of having to pay $15 right
I just asked in support and he didn't explain the main reasonHe only explained that it was a collaboration with CoinSwitch.co , I hope it will be available again.
April 12, 2021, 04:57:19 AM
Maybe I didn't get the exchange feature here in the Stake the first time I tried to play here. What percentage do they charge for this service? Do they have a statement as to why they removed it? If it helps, maybe they should return it.
I would have liked to try it they call Dinabot but I can't get it, I'm confused.
I would have liked to try it they call Dinabot but I can't get it, I'm confused.
April 12, 2021, 04:43:02 AM
Yes, whales never consider the fee. It also has a reason behind. For a withdrawal of $100 we need to pay a fee of around $15. For a withdrawal of $1000 we need to pay the fee little above $15. For whales it won't be a big factor as the withdrawal value is high whereas the common gambler's withdrawal value is one tenth of the whale's.
As far as I can remember, stake.com has provided internal exchange so that users can exchange their coins to other coins but now I don't see it anymore
I don't know the reason they delete it even though it's very helpful at this time when transaction fees are very high.
April 12, 2021, 04:29:07 AM
-snip-
As far as I can remember, stake.com has provided internal exchange so that users can exchange their coins to other coins but now I don't see it anymore
I don't know the reason they delete it even though it's very helpful at this time when transaction fees are very high.
As far as I can remember, stake.com has provided internal exchange so that users can exchange their coins to other coins but now I don't see it anymore
I don't know the reason they delete it even though it's very helpful at this time when transaction fees are very high.
That is indeed a great feature I appreciate very much on gambling sites, I use it to switch between coins for several reasons : avoid high withdrawal fees, allow high martingale negative losing streaks switching to coins with a lower unit value, and when I plan not to play for a bit I turn all my balances to the coin I think may grow up in value or at least I think has lower volatility.
Guess also sites earn a bit from commissions for every swap so cannot really understand why the removed it.
April 12, 2021, 04:16:48 AM
I did verify my KYC on the site because when there was a breach in Primedice a few years back i had to submit my details to log into my account after a gap and had to search my old deposit addresses and transaction ID to get back my account and the reason for my verification is to avoid looking for my old transaction if anything happens in the future 
. I have not heard stake asking for a mandatory KYC unless someone is abusing the system.
That was on exemption because it was connected to a breach where its just normal on having those kind of verification to prove out the ownership of said account. I have not heard stake asking for a mandatory KYC unless someone is abusing the system.but on other situations then KYC is something that wont be asked from time to time.If you dont make any shady activity then i dont see for them to ask out for that
kind of verification.
Most of gambling sites does have similar terms when it comes to this.
And that means if I am ever asked KYC, I will just let them keep the money and will not comeback, that money doesn't worth it and I do not think that I will ever want to give my KYC to a casino. Not that I do not trust stake, I know they are doing the right thing, but if my government finds out that I am gambling on stake, they may or may not find that problematic, there is no law regarding crypto, online gambling is allowed to a point but most casinos are approved and have license, so I am not sure if Stake would be accepted as well.
April 12, 2021, 04:01:54 AM
But most of you guys don't care, I know. Might be the problem that most here never make withdrawals.
This is completely wrong, I know some people here from Bitcoin talk who are regular active players. It does not mean that they do not care or they have never made any withdrawals but they are smart enough to avoid the high fees of bitcoin or eth. They prefer to deposit, play, and withdraw using coins with cheaper fee.
April 12, 2021, 03:48:02 AM
Yes, whales never consider the fee. It also has a reason behind. For a withdrawal of $100 we need to pay a fee of around $15. For a withdrawal of $1000 we need to pay the fee little above $15. For whales it won't be a big factor as the withdrawal value is high whereas the common gambler's withdrawal value is one tenth of the whale's.
As far as I can remember, stake.com has provided internal exchange so that users can exchange their coins to other coins but now I don't see it anymore
I don't know the reason they delete it even though it's very helpful at this time when transaction fees are very high.
April 12, 2021, 12:50:47 AM
But most of you guys don't care, I know. Might be the problem that most here never make withdrawals.
I think that most have realized how silly it is to use btc or eth and pay $10-$15 per transaction when there are so many other better options available that cost 0-15 cents per transaction.
It's not that hard to figure out.
If you talk about whale players, of course, they use BTC or ETH more when gambling they only focus on games with a big win target so $10-50 fee is not a problem for them
Unlike other players, they consider each fee also want fast transactions
April 11, 2021, 06:58:22 PM
But most of you guys don't care, I know. Might be the problem that most here never make withdrawals.
I think that most have realized how silly it is to use btc or eth and pay $10-$15 per transaction when there are so many other better options available that cost 0-15 cents per transaction.
It's not that hard to figure out.
If you talk about whale players, of course, they use BTC or ETH more when gambling they only focus on games with a big win target so $10-50 fee is not a problem for them
Unlike other players, they consider each fee also want fast transactions
April 11, 2021, 06:50:48 PM
But most of you guys don't care, I know. Might be the problem that most here never make withdrawals.
I think that most have realized how silly it is to use btc or eth and pay $10-$15 per transaction when there are so many other better options available that cost 0-15 cents per transaction.
It's not that hard to figure out.
April 11, 2021, 06:25:24 PM
Mate you can't compare an exchange with a bookie. Exchanges are a service and of course they charge fees.
Obviously betting is also a "service" but they make SO MUCH money off losing players, ripping people off when they withdraw is just pathetic.
No one is forcing anyone to gamble and hence there is no rip off until you keep on rolling even though you are loosing.Obviously betting is also a "service" but they make SO MUCH money off losing players, ripping people off when they withdraw is just pathetic.
Look at the mempool today, most of the time you can get an instant confirmation with 10-20sat/b.
But still stake charges 0.0002 btc (thats above 100sat/b) even though below/around 0.00005 is way enough. Thats ridiculous.
They have no intention to change that I bet. Still it also makes them money.
They are giving away so much freebies for all the users who are gambling and i bet they do not need to make money taking away a few Satoshi with every withdrawal. They did have that withdrawal fees for a reason as they do not want users to use them solely to break the transaction chain.But still stake charges 0.0002 btc (thats above 100sat/b) even though below/around 0.00005 is way enough. Thats ridiculous.
They have no intention to change that I bet. Still it also makes them money.
Thats only 1 of the shady moves they pulled recently, let's not forget stripping platinum members of reloads even though writing "as a platinum VIP you are always entitled to this feature" before.
Not sure but there is no term that says they will be providing reloads for unlimited period of time. April 11, 2021, 05:24:52 PM
We've got much more exciting content coming this week...
https://twitter.com/Stake/status/1381200107664728067
Which of our new release games do you guys like the most?
https://twitter.com/Stake/status/1381428794309763072
https://twitter.com/Stake/status/1381200107664728067
Which of our new release games do you guys like the most?
https://twitter.com/Stake/status/1381428794309763072
April 11, 2021, 04:41:12 PM
But most of you guys don't care, I know. Might be the problem that most here never make withdrawals.
I think that most have realized how silly it is to use btc or eth and pay $10-$15 per transaction when there are so many other better options available that cost 0-15 cents per transaction.
It's not that hard to figure out.
April 11, 2021, 04:14:34 PM
Right, KYC is only enforced if needed so. But don't worry about those that don't have suspicious activities on their accounts and only use it just as is.
You won't be asked for KYC if you know that you're cleanly using the plaform.
I did verify my KYC on the site because when there was a breach in Primedice a few years back i had to submit my details to log into my account after a gap and had to search my old deposit addresses and transaction ID to get back my account and the reason for my verification is to avoid looking for my old transaction if anything happens in the future You won't be asked for KYC if you know that you're cleanly using the plaform.
. I have not heard stake asking for a mandatory KYC unless someone is abusing the system.
Most of gambling sites does have similar terms when it comes to this.
Right, most of them won't ask until finds something suspicious on the user's account. 
April 11, 2021, 12:43:43 PM
~~
I'm not in any way trying to defend the stake team in any way but If you feel that the BTC withdrawal fees are too high, you can use exchange services like Dinabot (https://cryptogamblers.pub/) to make it easier to swap your btc to an altcoin with a much lower fee like trx. It's no longer news that Bitcoin's tx fees are on the high side. Even exchanges like Binance charge a flat, fixed fee of 0.0004btc ~40K sats per btc withdrawal. It also looks like stakes fees are not updated in real time so that's one thing you should keep in mind as well.
April 10, 2021, 06:14:34 PM
Right, KYC is only enforced if needed so. But don't worry about those that don't have suspicious activities on their accounts and only use it just as is.
You won't be asked for KYC if you know that you're cleanly using the plaform.
I did verify my KYC on the site because when there was a breach in Primedice a few years back i had to submit my details to log into my account after a gap and had to search my old deposit addresses and transaction ID to get back my account and the reason for my verification is to avoid looking for my old transaction if anything happens in the future You won't be asked for KYC if you know that you're cleanly using the plaform.
. I have not heard stake asking for a mandatory KYC unless someone is abusing the system.but on other situations then KYC is something that wont be asked from time to time.If you dont make any shady activity then i dont see for them to ask out for that
kind of verification.
Most of gambling sites does have similar terms when it comes to this.
April 10, 2021, 06:01:42 PM
Snip
So far, they are not strict when it comes to KYC because they only offer it to those who want to benefit especially to those who actively participate in their events and promotions where you have more advantage in receiving rewards and prizes.
What events and promotions which needed KYC? Also i don't think it's worth to risk our ID to something just like even or promotion April 10, 2021, 05:54:32 PM
Right, KYC is only enforced if needed so. But don't worry about those that don't have suspicious activities on their accounts and only use it just as is.
You won't be asked for KYC if you know that you're cleanly using the plaform.
I did verify my KYC on the site because when there was a breach in Primedice a few years back i had to submit my details to log into my account after a gap and had to search my old deposit addresses and transaction ID to get back my account and the reason for my verification is to avoid looking for my old transaction if anything happens in the future You won't be asked for KYC if you know that you're cleanly using the plaform.
. I have not heard stake asking for a mandatory KYC unless someone is abusing the system. April 10, 2021, 05:39:04 PM
If you really don't want KYC, you can avoid it as much as possible. This is not mandatory because you can still play even if you do not submit your identity. Just playing that, the limit is not included or in case they request it from you due to suspicious activity. So far, they are not strict when it comes to KYC because they only offer it to those who want to benefit especially to those who actively participate in their events and promotions where you have more advantage in receiving rewards and prizes.
Right, KYC is only enforced if needed so. But don't worry about those that don't have suspicious activities on their accounts and only use it just as is. You won't be asked for KYC if you know that you're cleanly using the plaform.
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