In this case, it depends if the gambling casino has a feature of the exchange to their platform this serves more convenience to the people because they dont need to withdraw their funds and make an exchange into it and make another deposit one of the reason why people doing this is the transaction fees, but if the network is not congested its easier to make a withdraw but some part of it is the casino has their fix rate or have three options only with the low, med and high options for the transaction fees. Ive been playing into different casino and rarely offer this kind of services. But its a good feature
Yeah, it would have been some cool feature to have them swap in between coins to other base currencies as a means for some convenient withdrawal. Te idea always comes in the fees non the less but, looking at customer satisfaction, its a cool feature to implement on gambling sites. Do they need to be licensed for features such as this? Isn't it more about the programming of the site?
Also, you've got the right idea to limit this as, not having a fixed fee rate would be cool but instead, having a system whose configuration is designed to vary based on the congestion of the network. It wouldn't always make a quick withdrawal possible though and this is one aspect of gambling, gambling platforms likes to be good at. Quick withdrawals and that's some important aspect to it as well.
i think it is really a good idea. personally, i would prefer fast withdrawal and more coin options i can choose, since we know that sometimes the network gets congested so it is much better for the player/user to have an option whether they will deposit or withdraw. one more thing is that it is also good if online casinos will accept another alternate coin as bets, i have already seen quite a lot of casinos do this but their coins are only limited like they have an option BNB, LTC, and ETH. It is much better if some option coins they will add are those with cheaper fees or coins that their network doesn't congest easily.
More withdrawal options are always good for the customers, but with so many altcoins out there and with the possibility of those coins collapsing out of nowhere as we have seen on the recent past, it makes sense that casinos are not very willing to expand the number of coins they accept.
So we must adapt and send our coins when the mempool is not as congested, while we increase the size of our deposit so we do not have to spend as much money on the fees.
Yeah! A large number of different cryptocurrencies used in crypto casinos definitely creates quite big problems for players. Well, it would be nice if, in addition to
BTC and Eth (which are inconvenient for those who play with small amounts and do not want to give half of the deposit for any commissions), they used a few more coins, such as, for example, Tron or EOS.
We would use such coins, where commissions are almost invisible to players with small amounts of bets. Unfortunately, I think that the number of different coins, including the casino’s own tokens, is still quite large now, and the player needs to deal with each of these coins, put a wallet or find out something else. All this of course creates a lot of inconvenience.
Maybe over time, most of the crypto casinos will still use the LN network,?
And then the problem of many cryptocurrencies will disappear, and everyone will play with the help of
BTC, in my opinion it would be better for the players.
And for a casino, maybe not very good?