Pages:
Author

Topic: Top Cryptocurrencies for iGaming 2021 - page 2. (Read 201 times)

legendary
Activity: 2562
Merit: 1441
December 31, 2021, 07:24:22 AM
#14
I'm shocked (USDT) tether is used for gambling purposes.

Tether is outright banned in many countries and states. Its pegged to the US dollar which is experiencing inflation at the moment. There is a chance many countries which do not currently regulate tether or stablecoins could choose to do so in the future.

Would be curious to know what advantages tether might offer to gamblers to offset what could be disadvantages. Don't get me wrong. I love tether as a means of purchasing bitcoin but do not think it is well suited for use in the gambling industry.
hero member
Activity: 2702
Merit: 672
I don't request loans~
December 30, 2021, 07:35:48 AM
#13
Weird, BNB isn't there. I'm fairly sure it was quite popular, a few of my friends often use it as well. Might have just been outplaced by the others in the list though, after all, I myself recognize those on the top of the list. They're rather old options tbh, especially LTC and Doge, I've used my fair share of them whenever I've tried to play a few times these past few months. Kind of odd still for ETH and BTC to even be there, the fees on those two are bloody insane that I'd wonder if those using it are just throwing money away.
legendary
Activity: 2436
Merit: 1849
Crypto for the Crypto Throne!
December 30, 2021, 07:22:01 AM
#12

You forgot about Tron (TRX). This even more widespread crypto than Dogecoin, for example. I know few sites where you can deposit with TRX but they didn't had Doge as allowed crypto to make a depo (i'm not sure if things still the same for now).
The main pros of TRX is extremely fast transactions, so it's very good to make deposit with this.

yeah, he did forget TRX. and it is one of the cheapest and fastest out there. and when it comes to using the TRC20 network - try sending USDT (TRC20) and you will know the difference. most casinos are charging high fees when you use USDT (ERC20).

Not only casinos. Withdrawals of ERC-20 USDT from Huobi costs like 30-40 dollars per transaction. And with TRX-20 USDT - 0.5 dollars. Feel the difference as they said Grin

As i know, most of people don't using ETH and even BTC. Only TRX, Doge and Litecoin.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
December 29, 2021, 06:46:28 PM
#11

You forgot about Tron (TRX). This even more widespread crypto than Dogecoin, for example. I know few sites where you can deposit with TRX but they didn't had Doge as allowed crypto to make a depo (i'm not sure if things still the same for now).
The main pros of TRX is extremely fast transactions, so it's very good to make deposit with this.

yeah, he did forget TRX. and it is one of the cheapest and fastest out there. and when it comes to using the TRC20 network - try sending USDT (TRC20) and you will know the difference. most casinos are charging high fees when you use USDT (ERC20).


LTC is very widely used and has way lower fees compared to ETH, or even DOGE after the pump. It also has very good liquidity.

I don't like playing with Tether just because it doesn't give me any meaningful exposure to actual cryptos, which is what I would want to be in for the long run.

LTC is indeed a good option because a lot of trading platforms or casinos are accepting this old alt and still maintaining their cheap fees.
hero member
Activity: 952
Merit: 513
December 29, 2021, 06:36:56 PM
#10
Crypto payments made waves in 2021, especially in online gambling. These cryptocurrencies are the most used in 2021 for crypto gambling:

- Bitcoin
- Tether
- Ethereum
- Dogecoin
- Litecoin

These also happen to be the common cryptocurrencies accepted in online casinos. For sure you’ve also used these cryptos to play games and bet on sports. Which among these is your favorite? And which cryptos you often use in gambling that aren’t on the list?

I would go with LTC.

LTC is very widely used and has way lower fees compared to ETH, or even DOGE after the pump. It also has very good liquidity.

I don't like playing with Tether just because it doesn't give me any meaningful exposure to actual cryptos, which is what I would want to be in for the long run.
legendary
Activity: 2436
Merit: 1849
Crypto for the Crypto Throne!
December 29, 2021, 05:04:29 PM
#9
Crypto payments made waves in 2021, especially in online gambling. These cryptocurrencies are the most used in 2021 for crypto gambling:

- Bitcoin
- Tether
- Ethereum
- Dogecoin
- Litecoin

You forgot about Tron (TRX). This even more widespread crypto than Dogecoin, for example. I know few sites where you can deposit with TRX but they didn't had Doge as allowed crypto to make a depo (i'm not sure if things still the same for now).
The main pros of TRX is extremely fast transactions, so it's very good to make deposit with this.
hero member
Activity: 1526
Merit: 596
December 29, 2021, 04:43:08 PM
#8
BNB is underrated imo.

ETH used to be the dominant player because of its low fees compared to BTC but in recent days, this has essentially been turned upside down.

There is now way too much fees associated with using ETH for it to be worthwhile, and I would suggest any beginners to avoid it for gambling microtransactions for now.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
December 29, 2021, 03:52:44 PM
#7
Could you share where did you find that those are the five most used cryptocurrencies in online crypto gambling?

I prefer to stick with bitcoin, so I don't miss any potential pump which might happen suddenly while I'm with my funds deposited at the casino balance. Besides cheaper fees, I see no reason to exchange bitcoin for altcoins in order to gamble. The more money you keep in BTC the better. Some may argue bitcoin is too valuable and expensive to play with, but so far 1 satoshi is still 0,00047$ or so. Bitcoin has to rise a lot in value yet until it doesn't fit for gambling purposes anymore.
sr. member
Activity: 2422
Merit: 357
December 29, 2021, 03:43:13 PM
#6
Which iGames accept cryptocurrency? I haven’t tried any yet but I’d love to use DOGE or LTC since they are more cheaper when it comes to fees and way faster though. I rarely use BTC in my gambling activities, I’d rather hold this than to gamble, so I still prefer altcoins while gambling as well, I consider its value and its network fees.
hero member
Activity: 2702
Merit: 540
DGbet.fun - Crypto Sportsbook
December 29, 2021, 03:06:25 PM
#5
Dont forget SHIB!

There are coins which had been added and casinos would definitely be adding it up depending on market demand and of course BTC would be the main coin and
mostly in top altcoin and other been added accordingly.

So what coin i do make use the most? Bitcoin and DOGE, depending on fee situation but since Btc does have low fees then im
sticking to it.
legendary
Activity: 3346
Merit: 1191
December 29, 2021, 02:31:39 PM
#4
Bitcoin, Tron, BNB, BUSD... I mostly use these coins for gambling! From time to time I use other coins too, but these ones are my favorites! Bitcoin as always is on top, but TRX is good with low and fast transactions... when we are at low and fast transactions I completely replaced Ethereum with BNB! I will never pay high ETH fee again in my life! Smiley

I was looking for some coin at BC.games and when I opened the list of all coins and tokens they accept I was amazed... the list is impressive. So I believe that list of top crypto for iGaming is long in 2021, and will probably be longer in the upcoming years!
hero member
Activity: 2338
Merit: 757
Top-tier crypto casino and sportsbook
December 29, 2021, 02:20:29 PM
#3

These also happen to be the common cryptocurrencies accepted in online casinos. For sure you’ve also used these cryptos to play games and bet on sports. Which among these is your favorite? And which cryptos you often use in gambling that aren’t on the list?
From the above list, you somehow missed to include Bitcoin Cash which is widely used in gambling platforms (some platforms even use BCH only. Without to mention the platforms supporting Fiat which are few compared to crypto based casinos.
Personally, i always prefer using Eth or Btc for deposits/withdrawals while i don't care which coin i use within the platform especially if i can make internal swaps.

Generally speacking, users shouldn't be sticking at one or two crypto during their whole lives ; choosing a currency is a matter of several conditions to be taken in consideration. And for newbies, it's better to start with btc before gettng familiar with other cryptos .
hero member
Activity: 1722
Merit: 508
December 29, 2021, 01:25:48 PM
#2
Many coins are emerging more and more and are becoming more and more popular. Still, it seems to me that Bitcoin is still the most favorite of every player. Whatever site you play on, Bitcoin is accepted everywhere these days. If you look at the market value, that is not surprising. What the rest offers for coins varies a lot. Most players will just use Bitcoin. Will stay the most popular one for the next years surely.
copper member
Activity: 142
Merit: 4
December 29, 2021, 01:18:53 PM
#1
Crypto payments made waves in 2021, especially in online gambling. These cryptocurrencies are the most used in 2021 for crypto gambling:

- Bitcoin
- Tether
- Ethereum
- Dogecoin
- Litecoin

These also happen to be the common cryptocurrencies accepted in online casinos. For sure you’ve also used these cryptos to play games and bet on sports. Which among these is your favorite? And which cryptos you often use in gambling that aren’t on the list?
Pages:
Jump to: