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Online Casinos in general: Crypto deposits and withdrawals for dummies (Page 6)

Topic created on 20th Feb. 2023 | Page: 6 of 7 | Answers: 102 | Views: 15,332
MisterL
Expert
with me yesterday finally arrived the payout Bitcoin was also about 30euro fee

determined because of the war all in panic

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Das_Phantom
Rookie
Got a reply from Bitpanda now; nothing more than standard stuff though.


"To ensure that crypto transactions are successfully processed on the relevant crypto network, the relevant miners receive network fees independently of Bitpanda.


The amount of the fee paid for each transaction on the network depends on the network load. If network traffic is high and many transaction requests are received, the average network fees increase. On the other hand, if the demand is low, the fees usually decrease significantly.

Bitpanda automatically sets the fees for cryptocurrency withdrawals so that the transaction is confirmed as early as possible, but at the same time not overpaid. To achieve this, Bitpanda dynamically adjusts the fees depending on the network load.

In addition, we try to use various techniques such as transaction batching to further reduce fees for our users.

Since the BTC network is currently very busy, there are currently also very high fees for a transaction to be confirmed.

Unfortunately, Bitpanda has no influence on BTC's network fee."




As of yesterday, the fee to send BTC had "shrunk" from 19€ to 8€... Still way too much in proportion.

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DiamondDonut
Top Member
Der Das_Phantom wrote on 11/05/2023 at 13:52: Got a response from Bitpanda now; nothing more than standard stuff though.






As of yesterday, the fee to send BTC had "shrunk" from 19€ to 8€... Still way too much in proportion.

Thanks for the message. I also received an email, but it looked like this:


Hello xxx,

thank you very much for your patience.


We are currently receiving a lot of requests, so we need some more time to fully resolve your issue. Please do not open a new ticket.


In the meantime, you can check out our helpdesk, where you will find answers to many questions.


If you find an answer before we have a chance to contact you, we would appreciate it if you could let us know here.


Thank you for your understanding.


Best regards
Team Bitpanda



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bruffl
Expert
am also completely perplexed, wanted to transfer 100€ via my coldwallet to a casino.
With low priority 15€ network fee, is of course unacceptable...... ...

I transferred a higher amount from an online broker to my cold wallet on 04/05,
lowest priority, still not there today.

I say 3% fees are just acceptable, but pay 115€ to play with 100€, no way.
In addition, yes, that with a win on withdrawal again a few percent are deducted....

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Kanalmalocher
Rookie
bruffl wrote on 11.05.2023 at 18:25: am also completely perplexed, wanted to transfer 100€ via my coldwallet to a casino.
With low priority 15€ network fee, is of course not acceptable...... ...

I transferred a higher amount from an online broker to my cold wallet on 04/05,
lowest priority, still not there today.

I say 3% fees are just acceptable, but pay 115€ to play with 100€, no way.
In addition, yes, that a win on withdrawal again a few percent are deducted....

I can only recommend LTC to everyone. Practically every crypto casino has Litecoin as a Deposit and withdrawal option at the start. Transactions are relatively fast and cost only a few cents, because the blockchain - unlike Ethereum and now also Bitcoin - is not overloaded with memetoken trades and NFT mints. Moreover, the LTC price has almost doubled since July 22.

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GoodFellas
Amateur
Google Bitcoin transaction costs skyrocket.
There you will find the answer.✌️

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moralischverwerflich
Expert

bruffl wrote on 11.05.2023 at 18:25: am also completely perplexed, wanted to transfer 100€ via my coldwallet to a casino.
With low priority 15€ network fee, is of course not acceptable...... ...

I transferred a higher amount from an online broker to my cold wallet on 04/05,
lowest priority, still not there today.

I say 3% fees are just acceptable, but pay 115€ to play with 100€, no way.
In addition, yes, that a win on withdrawal again a few percent are deducted....

Therefore, only use LTC for casino. Since liegst with one and payout and sale for everything at the end in the approx. 3% range that go flöten

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Paddington
Expert
So slowly you should be able to pay with BTC again! I also had several transactions that were not processed for 3 days (because of too low hashrate) yesterday afternoon but went through!

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bruffl
Expert
Okay, thanks for the info.
Will get me maybe in parallel still a few Litecoins!

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bruffl
Expert
but still a question, there is now also the Bitbox Lightning. Would it be possible to pay in Online Casinos?

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david84
Amateur
Use Litecoin or Ripple as payment method but, no Bitcoin!
With LTC or XRP you pay hardly anything in fees and the transactions are confirmed within a few minutes. With XRP even within seconds.

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Paddington
Expert

david84 wrote on 12.05.2023 at 13:38: Take Litecoin or Ripple as a payment method but, no Bitcoin!
With LTC or XRP you pay hardly anything in fees and the transactions are confirmed within a few minutes. With XRP even within seconds.

In the same way, you could also take EOS! Where the fees at BTC lately also ehr low were! Small deposits I have always sent with 30-40 Hashrate. But of course, 1.30 € fees were mostly also. In contrast, XRP is much much less!

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GoodFellas
Amateur
Hi guys,
always pay crypto in and out with Bitpanda pro.
Now b. Pro became one trading and I had to generate a new LTC Deposit address.
This one starts with ltc1q..etc,wanted to pay out on it with Rollbit and it came up with invalid.
My other Ltc addresses always had an M at the beginning.
Does anyone know about this?

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andjoker
Rookie
Does anyone know about withdrawals from stake.com to binance? I just tried to make a withdrawal for the first time but I think I did something wrong.
At Binance I went to Deposit Crypto -> Select Coin in my case LTC -> Select Network I chose Litecoin then I got a notice (please note that confidential deposits via the MWEB Function are not supported and will result in deposits being lost) pressed ok and then I got the address to withdraw. This I then entered at stake.com as a withdrawal address and also received the message that the money was paid out, the amount is also debited. But at Binance I find no transaction my balance is 0.

Can someone tell me what I did wrong ? Have extra only 10€ paid out to test if they are now gone it would not be soo bad.... 😁

Edit:
now I see the transaction on Binance but it says Status : confirming Confirmation 2/3 what does that mean ? This is all new territory for me
Edit to the second:
Now the status says completed. Madness then I have done everything right 😄

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Bluff
Expert

andjoker wrote on 15.09.2023 at 05:31: Does anyone know about withdrawals from stake.com to binance? Just tried to make a withdrawal for the first time but I think I did something wrong.
At Binance I went to Deposit Crypto -> Select Coin in my case LTC -> Select Network I chose Litecoin then I got a notice (please note that confidential deposits via the MWEB Function are not supported and will result in deposits being lost) pressed ok and then I got the address to withdraw. This I then entered at stake.com as a withdrawal address and also received the message that the money was paid out, the amount is also debited. But at Binance I find no transaction my balance is 0.

Can someone tell me what I did wrong ? Have extra only 10€ paid out to test if they are now gone it would not be soo bad.... 😁

Edit:
now I see the transaction on Binance but it says Status : confirming Confirmation 2/3 what does that mean ? This is all new territory for me
Edit to the second:
Now the status says completed. Madness then I have done everything right 😄

Yes sometimes crypto transfers take and sometimes it comes to the page where you send it again extra checks but even that usually does not take long.

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