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Topic: What's your favorite crypto for gambling? - page 9. (Read 1943 times)

legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
I prefer to just use bitcoin because it makes it easier for me to withdraw directly from the casino to my wallet and then look for someone to switch to paypal, using altcoins could also be a good option, but as I am used to bitcoin and I trust bitcoin so I don't intend to change that so early. Maybe even I would prefer to use Fiat over altcoins

Do you think the decentralized gambling industry will grow now that crypto is becoming more popular due to COVID-19? Or is it still too early to tell? Huh

where did this idea come from that cryptos are becoming more popular due to this virus?
legendary
Activity: 2884
Merit: 1117
Bitcoin is the most widely accepted cryptocurrency for gambling, followed by Ethereum and its competitors. But I believe cryptocurrencies that are fast and cheaper to use, will gain a huge advantage over others in the decentralized gambling industry.
I am still sticking with bitcoin for my gambling regardless of how often I got stuck with my low fee paid transactions or I happened to pay more money for network fees. I got practice to calculate all my profit/losses in BTC terms along with my bet amount which must be the one reason why I am still gambling in BTC when most other altcoins are seeming too suitable for gambling purposes with quicker network confirmation and we could withstand in martingale for same given USD values.

crypto is becoming more popular due to COVID-19? Or is it still too early to tell?
Noticed lots of new crypto gambling houses are being announced in last 2 to 3 months which might be in plan to cover the unexpected higher traffics to old casinos; it is like existing gambling house's owners might be opening new casino but in different name as this must be a good time to expand their business even with a new brand name. This is just a guesswork, I do not have any proof for this. Still, I agree that pandemic made more people to check gambling due to boredom reasons.
sr. member
Activity: 1260
Merit: 315
www.Artemis.co
For me it's XRP. It has a low transaction fee compared to other cryptos where we are really irritated with higher fees and what I like the most is the transaction of my deposit is instant. Anytime I can start playing if I want to because of this feature.
full member
Activity: 1176
Merit: 162
Yes, bitcoin is more popular you can see it in almost all gambling platforms. But for a small gambler like me, If I have some options like a fast blockchain and lesser fees, I will choose that, Bitcoin and Ethereum now charge a bigger fee than usual. I prefer TRX, XLM , XRP at the moment they are fast and almost nothing on fees. If NANO is available much better with no fee on transfer at all.
member
Activity: 952
Merit: 27
My favorite are Doge, litecoin and Ethereum we want something fast and cheap I have not yet tried Tron and Eos but I read a lot of gambling sites created using their platform I only use coins that I have enough to use in gambling.
newbie
Activity: 21
Merit: 1
I hold bitcoin and ethereum. Casinos always accept bitcoin and sometimes altcoins. If there is an opportunity not to spend bitcoin, I do not spend, if not, use it.

But here, by the way, you need to pay attention to the conditions of the casino: sometimes depositing funds is allowed in cryptocurrency, and withdrawal is only in dollars. Be attentive.
hero member
Activity: 2268
Merit: 669
Bitcoin Casino Est. 2013
I don't have favorite crypto when I gamble instead I only use crypto that is known or within top 10 that doesn't have high fees when you withdraw from the gambling site. Take yolodice as an example, I have played there for quite some time and when I withdraw btc it does have higher fees compare to ETH and doge coin.
sr. member
Activity: 1596
Merit: 335
For me, it doesn't really matter what crypto are you going to use. I always consider the cost of moving your funds, and also the network speed.  That is why most gambling platforms not only have one currency available, but they have variation so that gamblers can freely choose what currency they prefer to gamble. Each gambler has its own preference and favorite in terms of gambling with crypto.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
I know that most of the people here are saying that bitcoin is the best asset in gambling. We can't deny that bitcoin's price is really huge in the market and spending it in gambling can make it grow or fall.

Gambling is risky and you are not a gambler if you don't know that. Do you think that bitcoin is the only cryptocurrency that can give you profit once you use it in a casino?

Do not waste the opportunity to use altcoins in gambling, although their price in the market is not high as the bitcoin's price, still there is a profit once you process it in an exchange after you won a certain amount. So prioritize using bitcoin in a gambling casino but also use altcoin like ETC, DASH, and etc. Don't underestimate the importance of altcoins, especially in gambling industry.
sr. member
Activity: 2380
Merit: 366
I treat my gambling money like waste that I can lose and forget about. This helps me deal with losses and appreciate wins even more.

My gambling coins are always coins I get for free from somewhere. Usually some cheap altcoins that I change into ETH or coins like BCH or BSV that I got for free as forks.
I try to keep my BTC safe and not gamble with it.

That's the best way to treat gambling money because the chance of losing it all is really high. So for me, it doesn't matter what crypto I am using to gamble but most of the time it is in btc. Haven't tried the EOS or TRON to gamble. But if there is doge, I will use it rather than btc, as sometimes if it is not coming from your wallet and if it is from exchange, tx fee is higher.

Same here. Altcoins are much preferable in gambling than Bitcoin. This is not just to avoid the high fees although that is definitely one of the main reasons. Another reason is that Bitcoin is more valuable to gamble than Doge and other altcoins. Another reason is that gambling with Doge will free you from amounts lesser than 1 which are sometimes confusing.
full member
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
I treat my gambling money like waste that I can lose and forget about. This helps me deal with losses and appreciate wins even more.

My gambling coins are always coins I get for free from somewhere. Usually some cheap altcoins that I change into ETH or coins like BCH or BSV that I got for free as forks.
I try to keep my BTC safe and not gamble with it.

That's the best way to treat gambling money because the chance of losing it all is really high. So for me, it doesn't matter what crypto I am using to gamble but most of the time it is in btc. Haven't tried the EOS or TRON to gamble. But if there is doge, I will use it rather than btc, as sometimes if it is not coming from your wallet and if it is from exchange, tx fee is higher.
hero member
Activity: 2912
Merit: 556
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Tron and Eos are two coins with a large number of gambling sites created because it's fast and cheap and it's a way to promote their coins I have tried playing on those sites and it's really convenient using these two coins and there are a lot of gambling sites now adding these two coins , because of their nature.

Tron and Eos as a newcomer in the crypto gambling website, win the gambler's heart, and we see that many gambling sites try to integrate their payment using those coins. Both coins are not too expensive to depend on the other except to compare with the dogecoin because dogecoin still the lowest price than the other coins. But Tron and Eos have a low fee of the transaction, so perhaps, the gambler now tries to use both coins to gamble, although bitcoin still the choice of the gamblers to gamble.
sr. member
Activity: 1022
Merit: 257
Eth and xrp are my favorite crypto for gambling because we have a local wallet that support both eth and xrp where we can exchange fiat currency. Aside from that, I find it as the easiest way on my part because I don't need to do anything but only to deposit it after I exchange my fiat, the fees are also low and it is fast to receive every transaction.
sr. member
Activity: 2030
Merit: 269
Tron and Eos are two coins with a large number of gambling sites created because it's fast and cheap and it's a way to promote their coins I have tried playing on those sites and it's really convenient using these two coins and there are a lot of gambling sites now adding these two coins , because of their nature.
legendary
Activity: 3374
Merit: 1922
Shuffle.com
Bitcoin's network might be congested every other day but it's still my favorite since there are casinos that still instantly credits bitcoin deposits. I like a few altcoins but I don't feel the need to use them more frequently than Bitcoin because if that's the case then I always have to visit the exchanges more than usual just to convert my Bitcoin. And for me that extra step isn't worth the doing since I don't withdraw most of the time.


Do you think the decentralized gambling industry will grow now that crypto is becoming more popular due to COVID-19? Or is it still too early to tell? Huh
Maybe, I don't follow decentralized casinos that much but I do hope they grow just like how decentralized exchanges are growing.
legendary
Activity: 2576
Merit: 1043
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When we are into gambling, we might want to choose a crypto coin that has a low tx fees and high speed.

Some are using Dogecoin, TRX, EOS, or sometimes Ripple. When I'm still gambling, I often use BCH as a coin to gamble. Fast transaction speed and low fees compare to Bitcoin and Ethereum. I tried using Bitcoin too but when I saw the huge transaction fees in the site when I want to withdraw it, I thought that maybe I want to change coins too to maximize my profit so I switched from BTC to BCH.
sr. member
Activity: 1876
Merit: 318
Decentralized gambling industry will grow rapidly, because playing gambling online anonymously and without KYC procedures is now increasingly
in demand. Plus the current situation that still occurs the spread of the corona virus makes cryptocurrency increasingly popular, because
transactions use crypto is safer than using fiat currency. So many people prefer playing crypto gambling rather than playing physical casinos.
Then for me Bitcoin is still a favorite crypto for gambling, because it is found in all gambling online sites. And also have pride if you managed
to get a profit from gambling using Bitcoin.
hero member
Activity: 2184
Merit: 531
I treat my gambling money like waste that I can lose and forget about. This helps me deal with losses and appreciate wins even more.

My gambling coins are always coins I get for free from somewhere. Usually some cheap altcoins that I change into ETH or coins like BCH or BSV that I got for free as forks.
I try to keep my BTC safe and not gamble with it.
hero member
Activity: 2996
Merit: 609
What's your favorite crypto for gambling? Why did you choose it? Do you think the decentralized gambling industry will grow now that crypto is becoming more popular due to COVID-19? Or is it still too early to tell? Huh

Its early to tell for this time but we can presume out that these things will really be having that kind of recognition of its existence and we cant deny the fact that decentralized gaming industry is growing but

basing of on what we do observed that gambling with BTC is still first on the line. Ive tried out ETH platform gaming and also with EOS and TRX and you cant really able to tell the difference

between them but nothing really beats out when you do play directly with Btc.
sr. member
Activity: 2338
Merit: 365
I mainly gamble on casino sites that don't yet accept cryptos, but if I do play on crypto casino's such as stake, I always use dogecoin. Fast transactions and low fees. Never used another crypto mainly because of the fees.
dogecoin has a low fee compared to the other crypto...
while playing at Bitvest, I prefer to make transactions with Dogecoin, fast & low fee. besides Doge I am also happy with Tron. Tron has a low fee, I can say that it is not much different like Dogecoin.
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