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Online Casinos in general: Deposit of crypto in online casinos

Topic created on 06th Jul. 2021 | Page: 1 of 3 | Answers: 24 | Views: 9,023
XXLEONIDASXX
Top Member

Deposit of crypto in online casinos

6th Jul. 2021, at 06:17 pm CEST#1
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Hello I have time ne question.

Just got an email from Spassino that only deposits with crypto is possible to play above rules still. They promise that so aucz payouts of over 100k a day in seconds are possible.

My question now is. How does the whole thing work with crypto (bitcoin etc.) deposits in Online Casinos???

I actually have zero idea there. Do I have to create an account somewhere where you can buy crypto or trade and then buy there by transfer from my bank account zb botcoins? Then I have the botcoins on my crypto account and can then Deposit from there in casinos that accept crypto currencies?

Or does it work differently?

The exchange rate fluctuates constantly. If I buy e.g. for 1000€ Bitcoin shares and deposit in the casinos and I win e.g. something and have now more bitcoin than deposited, but the value has fallen and I pay out and have in the end but converted even less than my 1000€.although I have won?
Is somewhere in addition to gambling, then again gambling as the value changes

Does anyone already have experience? Would be nice to get infos

This post has been translated automatically

u****n

Deposit of crypto in online casinos

6th Jul. 2021, at 06:33 pm CEST#2
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XXLEONIDASXX wrote on 06/07/2021 at 18:17



Or does it work differently?

The price fluctuates constantly. If I buy e.g. for 1000€ Bitcoin shares and Deposit in the casinos and I win e.g. something and have now more bitcoin than deposited, but the value has fallen and I pay out and have at the end but converted even less than my 1000€.although I have won?
Is somewhere in addition to gambling, then again gambling as the value changes

Does anyone already have experience? Would be nice to get infos.

you can avoid the Risk by depositing with stable coins, for example with TetherUS. The rate is always based on the value of the dollar and always remains stable at 0.85€ plus minus 1 cent. There you are on the safe side

This post has been translated automatically

XXLEONIDASXX
Top Member

Deposit of crypto in online casinos

6th Jul. 2021, at 06:41 pm CEST#3
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unicorn wrote on 07/06/2021 at 18:33
you can avoid the Risk by depositing with Stable Coins, for example TetherUS. The rate is always based on the value of the dollar and always remains stable at 0,85€ Plus Minus 1 Cent. There you are on the safe side.

Ah okay. Thanks for the info.
Have you ever deposited with crypto in casinos?
How exactly do you do that?

This post has been translated automatically

u****n

Deposit of crypto in online casinos

6th Jul. 2021, at 07:02 pm CEST#4
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you first need a wallet. The easiest and fastest way is via Coinbase. Register and verify yourself there. Then you can Deposit money there and buy all cryptocurrencies traded there. In my opinion, the app is very clear and quick to grasp for beginners. Once you've done that, you can go to deposit in the casino and select your desired coin. You will then get an address for that deposit, which you copy. Then you go to Coinbase and select the option "send". You select the same coin here, set the amount and just paste the address from the clipboard and send it. After a few minutes, the money should arrive in the casino account

Otherwise, just browse around the platform a bit and learn by doing

Alternatively, I can recommend the crypto exchange Binance, where the fees are lower and the selection of tradable coins is much larger. The Lite version is also very easy to understand for beginners

This post has been translated automatically

Bonusbaron
Top Member

Deposit of crypto in online casinos

6th Jul. 2021, at 07:21 pm CEST#5
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Liked this post: Anonym
Yes if a crypto casino then Spassino, also has the fairest Bonus terms generally of all casinos on the market and withdrawals are processed without any KYC, very sad that they don't have Play'n Go slots anymore at the moment.

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XXLEONIDASXX
Top Member

Deposit of crypto in online casinos

6th Jul. 2021, at 07:59 pm CEST#6
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unicorn wrote on 06.07.2021 at 19:02: you first need a wallet. The easiest and fastest way is via Coinbase. Register and verify yourself there. Then you know Deposit money there and buy all cryptocurrencies traded there. In my opinion, the app is very clear and quick to grasp for beginners. Once you've done that, you can go to deposit in the casino and select your desired coin. You will then get an address for that deposit, which you copy. Then you go to Coinbase and select the option "send". You select the same coin here, set the amount and just paste the address from the clipboard and send it. After a few minutes, the money should arrive in the casino account

Otherwise, just browse around the platform a bit and learn by doing

Alternatively, I can recommend the crypto exchange Binance, where the fees are lower and the selection of tradable coins is much larger. The Lite version is also very easy to understand for beginners.

Thank you! I will give it a try

This post has been translated automatically

XXLEONIDASXX
Top Member

Deposit of crypto in online casinos

6th Jul. 2021, at 08:01 pm CEST#7
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Bonusbaron wrote on 06.07.2021 at 19:21: Yes if a crypto casino then Spassino, also has the fairest Bonus terms generally of all casinos on the market and withdrawals are processed without any KYC, very sad that they currently have no more Play'n Go slots.

Yes the write want no documents and payout would take place immediately. I have not yet deposited anything. But will definitely give this a try. Even if it has curacau license. But must not be bad because of that

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Anonym

Deposit of crypto in online casinos

6th Jul. 2021, at 08:01 pm CEST#8
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The best crypto casino on the market for me is definitely Rollbit.
The structure of the site, the game selection (incl. PNG - just use VPN), the support, the payout speed and the Bonuses - unbeatable
But that's just my personal opinion - of course you can see it differently

But I play only there, for a long time already

For buying I currently use Binance and Bitpanda - although it should be noted that Binance currently has problems with the regulatory authorities in many countries

For "gambling" I use "mobile" wallets the two best for me, Exodus and Bread

For holding coins, I only use "hardware" wallets - because they simply guarantee a higher level of security

Since many casinos do not yet accept "stable" coins, I use LTC and ETC, rarely Bitcoin
LTC usually has the lowest fees and is processed the fastest in the blockchain
All of the above coins are of course subject to the fluctuations of the market

Quick note on Rollbit, once deime payment is received there the value remains stable - that's not the case everywhere.

However, it is and remains important to really deal with the topic of "crypto" in advance
Do not approach the matter blindly, just because you want to gamble

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XXLEONIDASXX
Top Member

Deposit of crypto in online casinos

6th Jul. 2021, at 08:28 pm CEST#9
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Matthlign wrote on 06.07.2021 at 20:01: The best crypto casino on the market for me is definitely Rollbit.
Structure of the site, games selection (incl. PNG - just use VPN) the support, the payout speed and the Bonuses - unbeatable
But that's just my personal opinion - of course you can see it differently

But I play only there, for a long time already

For buying I currently use Binance and Bitpanda - although it should be noted that Binance currently has problems with the regulatory authorities in many countries

For "gambling" I use "mobile" wallets the two best for me, Exodus and Bread

For holding coins, I only use "hardware" wallets - because they simply guarantee a higher level of security

Since many casinos do not yet accept "stable" coins, I use LTC and ETC, rarely Bitcoin
LTC usually has the lowest fees and is processed the fastest in the blockchain
All of the above coins are of course subject to the fluctuations of the market

Quick note on Rollbit, once deime payment is received there the value remains stable - that's not the case everywhere.

However, it is and remains important to really deal with the topic of "crypto" in advance
Do not approach the matter blindly, just because you want to gamble.

Everything does not sound so easy. You have to read up on it first

This post has been translated automatically

Anonym

Deposit of crypto in online casinos

7th Jul. 2021, at 03:13 am CEST#10
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XXLEONIDASXX wrote on 06.07.2021 at 20:28
Sounds all not so easy. I guess you have to read into it first.

I can only recommend this to everyone - first understand the crypto market sufficiently and then consider whether crypto casino's come into question for you.

In the end, many tears would flow if you had a nice payout in the casino, but this is worth much less the next day due to the partly enormous fluctuations of the market

You should be aware that you are playing twice with fire.

One does not want to pay fees for withdrawals or the exchange into "stable" coins or sell after each withdrawal, only to pay fees for the next Deposit, again for the purchase

On the other hand, the reverse case can also occur - when Mr. Musk once again makes a positive statement and the payout the next day is worth much more

Nevertheless, I am absolutely pro Crypto Casino's - due to the countless restrictions with the introduction of the new law, these are almost the last bastion
Even if one or the other may see it differently, the German state will still need ages to really get insight into the crypto market
They still have huge problems with it
Thus, crypto casinos and transactions will remain a "safe" place for many players for a longer period of time

This post has been translated automatically

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