Topic: Transactions Fees x Gambling - page 8. (Read 1437 times)
you can try converting your eth to another cheaper coin . is the wallet you use is coins.ph ? that wallet supports xrp and bch . you can try either of these two if btc and eth transaction fee are still high , thats what im doing as im also using the same wallet as you or you can continue playing on the site you mention because they accept fiat and no need for you to convert your crypto and incure extra fees .
Don't use Ethereum to make a deposit, just use Bitcoin ...
Deposit your other cryptocurrencies such as Doge, Tron or others to FTX, then convert them to Bitcoin (Free) then withdraw your Bitcoin to the gambling site you want at no cost (Free).
Conclusion: Just Use FTX
Deposit your other cryptocurrencies such as Doge, Tron or others to FTX, then convert them to Bitcoin (Free) then withdraw your Bitcoin to the gambling site you want at no cost (Free).
Conclusion: Just Use FTX
The best option here is to replace by fee if OP wants to continue using ETH, and if not, following the trend of using Litecoin should be ideal as well. Did a bit of looking up and FJ seems to accept Litecoin anyway, so OP can buy it directly from an exchange and just send it to his account, the fees shouldn't matter much by then. If OP was using coinsph to buy though, might be better to do it in XRP, then convert it in an exchange then send it to the account, since XRP fees on coins are much lower compared to its other options.
I myself don't particularly play much, though if I do ever play, I just bear with the fees or find an optimal time to do my trades when fees are low. I started just gathering my funds for a month or two then do one big transaction that could last myself say, 2 months of playing or so (if I could bear to stop midway sometimes).
I myself don't particularly play much, though if I do ever play, I just bear with the fees or find an optimal time to do my trades when fees are low. I started just gathering my funds for a month or two then do one big transaction that could last myself say, 2 months of playing or so (if I could bear to stop midway sometimes).
Is this a local gambling site that accepts cryptocurrency?
That coinsph is very aggressive when it comes to the exchange rate and fees, I’m not using this wallet for now because of that fees so better to look for other gambling site that accepts crypto aside from BTC and ETH. Betnomi offers a various cryptos deposit option, you might want to use DOGE. If its ERC20, expect a more expensive fees because of the current volume on ETH platform.
That coinsph is very aggressive when it comes to the exchange rate and fees, I’m not using this wallet for now because of that fees so better to look for other gambling site that accepts crypto aside from BTC and ETH. Betnomi offers a various cryptos deposit option, you might want to use DOGE. If its ERC20, expect a more expensive fees because of the current volume on ETH platform.
I have seen other gambling platform that uses fiat to place bets on, you can deposit in any currency you want but do not try to use bitcoin and ethereum, betnomi is an example of such platform where withdrawals are made through altcoins. Since you may likely be using Fiat, why don't you try betnomi because they have other available slots game to play.
But didnt this alts are using eth network and that would also require fees on eth? Sorry as I'm not using litecoins or other alts as I've been buying new coins recently.
Litecoin has its own independent (although copied bitcoin) blockchain, and transaction fee is very low.I will use even custodial service as an example because they charge high amount of fee, and yet litecoin fee is still low on such platforms. Binance charges 0.001 LTC as fee for litecoin transactions, this will let you assume how much lower it will be on noncustodial wallets. Also you have no problem to withdraw it on the gambling sites that you are using as litecoin fee is low generally.
0.001 LTC multiply by 224 (current price of litecoin) = $0.224.
$0.224 is a very low fee, even on a custodial exchange that have high fee. This will still be much more lower on noncustododial wallets.
I'll check my accounts on Gambling platforms as I usually play on FJ and currently that mwplay88 whether they hold such option to use.
Don't use coins.ph on transactions since I think they set the fees so high to make the transaction goes faster also there series of case that they close someones account due to gambling activities so better avoid this and use exchange like binance since they will give you more convenient options.
Don't use ETH in gambling, or bitcoin as transaction is really high at the moment, however, that fee is too much as its almost $40 for one transaction.
I will also recommend OP not to use Ethereum and Bitcoin, for now, some gambling sites have added alternative coins so their players can continue to play, gambling sites that only accept Ethereum and Bitcoin will be left behind, so far there is no fix to lower the fees, it is what it is, we can only pick the best option which is to try other coins the gambling site is accepting.
For now in my gambling activity, i never intended to make use of Bitcoin and ETH for this moment due to high fees.Im just a small time gambler where fees does really matter.
When it comes to custodial wallet usage then theres no way for you to arrange or adjust those fees been set unlike on non-custodial where you can really set out according
to your own preference but due to high network you wouldnt have any choice.
When it comes to custodial wallet usage then theres no way for you to arrange or adjust those fees been set unlike on non-custodial where you can really set out according
to your own preference but due to high network you wouldnt have any choice.
I usually account for the tax and fees by adding a few extra dollars in my deposit. Highest I've paid for taxes was about 100 bucks back in February at the height of crypto rally. The transaction fees is definitely taking a big toll on my gambling manners, and made me even consider quitting because there's no way I'd have to pay that huge an amount just for taxes alone. Hopefully they do something about this because transaction fees this high is not healthy for the system, so much more for the users.
That local wallet is a big burden to the small players because of their huge fees, avoid using that wallet for now mate or better to use XRP because that’s more cheaper compare to ETH and BTC. You can’t get away with the huge fees if you’re fund is on Metamask, look for some fresh funds and put it on exchange or look for other cryptocurrency that is available on sites that you’re using.
I’m funding my gambling account thru Binance which is more cheaper when it comes to fees. I do first the P2P transactions with no fees at all, and then transfer my BTC or ETH to my gambling account, it can cost me around $15 more or less. Because of these fees, I’m force fo look for other option like DOGE and XRP.
I’m funding my gambling account thru Binance which is more cheaper when it comes to fees. I do first the P2P transactions with no fees at all, and then transfer my BTC or ETH to my gambling account, it can cost me around $15 more or less. Because of these fees, I’m force fo look for other option like DOGE and XRP.
this is new, I have used LTC a few times, but I have never experienced transaction fees as low as you said
The transaction below was with a high fee (high fee estimate), I did not use the normal or low fee estimates, not to talk of using fee customization that will make the transaction much more smaller. Litecoin fee is very low. 
Don't use ETH in gambling, or bitcoin as transaction is really high at the moment, however, that fee is too much as its almost $40 for one transaction. Maybe use XRP for online gambling, transaction is cheaper and faster, that is available in your local exchange. If the gambling site your are using has no xrp, you can send that xrp to exchange like binance, trade it with whatever coin available as alternative in gambling sites, trx, doge, Ltc and others.
But didnt this alts are using eth network and that would also require fees on eth? Sorry as I'm not using litecoins or other alts as I've been buying new coins recently.
Litecoin has its own independent (although copied bitcoin) blockchain, and transaction fee is very low.I will use even custodial service as an example because they charge high amount of fee, and yet litecoin fee is still low on such platforms. Binance charges 0.001 LTC as fee for litecoin transactions, this will let you assume how much lower it will be on noncustodial wallets. Also you have no problem to withdraw it on the gambling sites that you are using as litecoin fee is low generally.
0.001 LTC multiply by 224 (current price of litecoin) = $0.224.
$0.224 is a very low fee, even on a custodial exchange that have high fee. This will still be much more lower on noncustododial wallets.
I'll check my accounts on Gambling platforms as I usually play on FJ and currently that mwplay88 whether they hold such option to use.
this is new, I have used LTC a few times, but I have never experienced transaction fees as low as you said
You can use jochen-hoenicke website to check the fees on Litecoin blockchain. As shown in the past week graph, total size of unconfirmed transactions paying 0.00000001 LTC /byte has always been less than 1 MB.
I have rather prefer to use bitcoin for transaction because of the little inconveniences tokens can bring up, ethereum transaction fee on exchanges is very high, the last time I check on binance, it amounts to $10 at $1800 ether price. Also sending tokens requires the gas fee which is still also high especially for tether. I still always prefer to make use of bitcoin for such transactions or use other altcoins with low fee.
Sorry but I guess this is not the place for you to talk about your interests, although it's not forbidden, but I don't think it's appropriate 
I think something as a suggestion, a solution would be appropriate?Yes, using a non-custodial wallet, you can pay only 0.00000001 LTC/byte and get confirmation in the next block
A transaction with 1 input and 2 outputs is only 217 bytes. So, it's possible to get a very fast confirmation with paying only 0.00000217 LTC = 0.0005 dollar.
The transaction fee can be even lower if you use segwit addresses (addresses starting with M)
this is new, I have used LTC a few times, but I have never experienced transaction fees as low as you said A transaction with 1 input and 2 outputs is only 217 bytes. So, it's possible to get a very fast confirmation with paying only 0.00000217 LTC = 0.0005 dollar.
The transaction fee can be even lower if you use segwit addresses (addresses starting with M)
$0.224 is a very low fee, even on a custodial exchange that have high fee. This will still be much more lower on noncustododial wallets.
Yes, using a non-custodial wallet, you can pay only 0.00000001 LTC/byte as transaction fee and get confirmation in the next blockA transaction with 1 input and 2 outputs is only 217 bytes. So, it's possible to get a very fast confirmation with paying only 0.00000217 LTC = 0.0005 dollar.
The transaction fee can be even lower if you use segwit addresses (addresses starting with M).
Ya, if you really don't have ETH in your wallet, I think you have no choice except buying ETH somewhere and send it to your wallet, or keep it there forever A few weeks ago, I sold several altcoins as they became valuable, I've encountered your case, the worst thing I have to do is buying ETH from an exchange. It's quite expensive there, besides, I have to pay extra for withdrawal fee. Transfer ETH back to my wallet and I have to pay a small fee to send the altcoin. After selling altcoin, I had to withdraw ETH to my wallet again, this process cost me 3 times, it was very painful
I have rather prefer to use bitcoin for transaction because of the little inconveniences ethereum tokens can bring up, ethereum transaction fee on exchanges is very high, the last time I check on binance, it amounts to $10 at $1800 ether price. Also sending tokens requires the gas fee which is still also high especially for tether. I still always prefer to make use of bitcoin for such transactions or use altcoins with low fee. A few weeks ago, I sold several altcoins as they became valuable, I've encountered your case, the worst thing I have to do is buying ETH from an exchange. It's quite expensive there, besides, I have to pay extra for withdrawal fee. Transfer ETH back to my wallet and I have to pay a small fee to send the altcoin. After selling altcoin, I had to withdraw ETH to my wallet again, this process cost me 3 times, it was very painful well the thing is, I only have USDT on Metamask and I have 0 eth so yo sum up, I dont have any to spare for my own gas fees, also if I do want to go with fiat and buy skme for my gas that would hurt more so I think it would be best for me to let my funds on Metmask to sit for a while, so I just had to find anòther way to fund my gambling account.
Ya, if you really don't have ETH in your wallet, I think you have no choice except buying ETH somewhere and send it to your wallet, or keep it there forever A few weeks ago, I sold several altcoins as they became valuable, I've encountered your case, the worst thing I have to do is buying ETH from an exchange. It's quite expensive there, besides, I have to pay extra for withdrawal fee. Transfer ETH back to my wallet and I have to pay a small fee to send the altcoin. After selling altcoin, I had to withdraw ETH to my wallet again, this process cost me 3 times, it was very painful Edit: Would you like to buy ETH from me? Just a little as a transaction fee, but you will have to pay for the fee I need to make the transaction, so think about it
But didnt this alts are using eth network and that would also require fees on eth? Sorry as I'm not using litecoins or other alts as I've been buying new coins recently.
Litecoin has its own independent (although copied bitcoin) blockchain, and transaction fee is very low.I will use even custodial service as an example because they charge high amount of fee, and yet litecoin fee is still low on such platforms. Binance charges 0.001 LTC as fee for litecoin transactions, this will let you assume how much lower it will be on noncustodial wallets. Also you have no problem to withdraw it on the gambling sites that you are using as litecoin fee is low generally.
0.001 LTC multiply by 224 (current price of litecoin) = $0.224.
$0.224 is a very low fee, even on a custodial exchange that have high fee. This will still be much more lower on noncustododial wallets.
You can try to export the private key and try using MyEtherWallet. While it's not a good recommendation, many have said it was pretty bad to use. But as far as I know, if you want to use custom transaction fees, you can try there. Transaction fees are currently around $ 4, which is better.
My advice is to use default Gas, if you leave it too low, the transaction will be canceled and still cost the transaction
well the thing is, I only have USDT on Metamask and I have 0 eth so yo sum up, I dont have any to spare for my own gas fees, also if I do want to go with fiat and buy skme for my gas that would hurt more so I think it would be best for me to let my funds on Metmask to sit for a while, so I just had to find anòther way to fund my gambling account.You can also make use of other altcoins like litecoin that have low transaction fee generally.
But didnt this alts are using eth network and that would also require fees on eth? Sorry as I'm not using litecoins or other alts as I've been buying new coins recently. Jump to: