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Online Casinos in general: Stake7 and the "crypto exchange rate"

Topic created on 11th Oct. 2023 | Page: 1 of 2 | Answers: 22 | Views: 1,981
Pat1991
Top Member

Stake7 and the "crypto exchange rate"

11th Oct. 2023, at 11:37 pm CEST#1
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Hello,

i'll make it short: Through the bonus campaign of stake7 I was able to bring 65 EUR to the payout. However, only 56 EUR arrived in Ethereum.

Stake7 says about it:

Hello,

due to exchange rate changes as well as possible fees of the payment service Provider, there may be deviations.

Yours sincerely,

Stake7 Support

Which I can only understand to a very limited extent.


I have asked again, and in the meantime recovered said 10 EUR also in my regular casino. Nevertheless, a bad taste remains.

I have sent an email and hope that there is still something to do...

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R3hab
Elite

Stake7 and the "crypto exchange rate"

12th Oct. 2023, at 01:22 am CEST#2
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I have looked at it all,
Accounts created verified and co but in the end it's all too variable for me
Since the win again becomes a gamble and you do not know what you get and the other problem is the stability of the currency that you can not control.

Then in general what is happening
With the stock exchanges is also very suspicious
Biance will close its offices in Frankfurt and another crypto exchange has just made 1mlrd miese


To your concern there is no solution
Because of the above mentioned things there will always be high fees and the prices will play 90% against you
Sometimes more or less

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gamble1
Icon

Stake7 and the "crypto exchange rate"

12th Oct. 2023, at 01:57 am CEST#3
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Then why do you pay in and out with crypto there at all ? I have paid in and out with MiFinity and was able to pay out my win in the wallet with a more stable coin because even there was directly said if I pay out with BTC on the one hand the rate is taken during withdrawal processing and on the other hand the fees that BTC likes to scratch times at the 10 € mark is deducted

Casinos where you give the fee are rare

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Paddington
Expert

Stake7 and the "crypto exchange rate"

12th Oct. 2023, at 06:21 am CEST#4
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Just find a currency with low fees and the problem is solved! The following coins are suitable:



  • Litecoin

  • Ripple

  • EOS (but only available at a few)



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Pat1991
Top Member

Stake7 and the "crypto exchange rate"

12th Oct. 2023, at 07:55 am CEST#5
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But others manage that as well. A scant 20% in fees is simply out of the question with ETH. I really thought about giving stake7 a real chance... This really puts a damper on my enthusiasm.

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Paddington
Expert

Stake7 and the "crypto exchange rate"

12th Oct. 2023, at 09:03 am CEST#6
1 Like

Liked this post: Anonym

Pat1991 wrote on 12.10.2023 at 07:55: But others get it done. A scant 20% in fees is just out of the question with ETH. I had really considered giving stake7 a real shot... This really puts a significant damper on my enthusiasm.

With the selection of casinos, why should you play at Stake7 of all places?

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Pat1991
Top Member

Stake7 and the "crypto exchange rate"

12th Oct. 2023, at 09:06 am CEST#7
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Well, there was that free bonus.

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moralischverwerflich
Expert

Stake7 and the "crypto exchange rate"

12th Oct. 2023, at 09:49 am CEST#8
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Liked this post: Anonym, Avatar von gamble1 gamble1
What a bullshit "discussion"....
Cryptos are just associated with fees, you should already know if you handle it. And especially with ETH these are very high. And the casino doesn't give them to you for free.

As has already been mentioned, use other coins with lower fees.

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Pat1991
Top Member

Stake7 and the "crypto exchange rate"

12th Oct. 2023, at 09:53 am CEST#9
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With ETH there are high fees?! I've been using the currency for a while now and it's usually significantly less than a dollar per transfer.

With all due respect, I don't feel like you know what you're talking about here.

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moralischverwerflich
Expert

Stake7 and the "crypto exchange rate"

12th Oct. 2023, at 11:58 am CEST#10
1 Like

Liked this post: B****3

Pat1991 wrote on 10/12/2023 at 09:53: There are high fees with ETH?! I've been using the currency for a while now and it's usually significantly less than a dollar per transfer.

With all due respect, I don't feel like you know what you're talking about here.

Jo I don't. Sorry.....

If you've been using it for a while, you should know that it's extremely expensive compared to some others....
And now seriously, if you've been in such a volatile market for a long time, I don't understand why you're crying for 10€. If that is so, then you must have already lost several times far more than nen 10s in fees or price fluctuations.

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B****3

Stake7 and the "crypto exchange rate"

12th Oct. 2023, at 01:00 pm CEST#11
2 Likes
Pat, you seem to me here in the forum like a little kid! Whether videos or crypto market!

Why do you ask if you want to hear anyway only what you believe?

There come experienced people, try to help you and you want to teach them!

Some gamble more in a month than you do in 2 years and you let Larry hang out and doubt their help!

Just save your questions in the future if you know better anyway!

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gamble1
Icon

Stake7 and the "crypto exchange rate"

12th Oct. 2023, at 01:00 pm CEST#12
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Pat1991 wrote on 10/12/2023 at 09:53: There are high fees with ETH?! I've been using the currency for a while now and it's usually significantly less than a dollar per transfer.

With all due respect, I don't feel like you know what you're talking about here.

Take but only times the BTC I have transactions with about 2 € and some with 8-9 € it always depends on the current state in the network ETH is not better if you want to save pay out the fun in LTC and good is there have on average no big fees


Apart from that, a casino can also independently take only for the method fees to classify it therefore as not worthwhile is somehow not fair because they are ass slow but money arrives

Or do it as I wrote above with MiFinity

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Pat1991
Top Member

Stake7 and the "crypto exchange rate"

12th Oct. 2023, at 01:11 pm CEST#13
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Blubbo33 wrote on 12/10/2023 at 13:00: Pat, you seem like a little kid here on the forum! Doesn't matter if it's videos or crypto market!

Why do you ask if you only want to hear what you believe anyway!!!

There come experienced people, try to help you and you want to teach them !

Some gamble more in a month than you in 2 years and you let the Larry hang out and doubt their help!

Just save your questions in the future if you know better anyway!


Hello Blubbo,

i have an Ethereum wallet and I know what fees are charged to me there per transfer. And also what I normally lose on a debit from my regular casino. And I did not ask, but noted the matter here to share with other players.

This is also not about my videos, but about the payout behavior of Stake7.

Please save such asshole comments.

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B****3

Stake7 and the "crypto exchange rate"

12th Oct. 2023, at 01:26 pm CEST#14
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Pat1991 wrote on 10/12/2023 at 1:11 pm:
Hi Blubbo,

i have an Ethereum wallet and I know what fees are charged to me there per transfer. And also what I normally lose on a debit from my regular casino. And I didn't ask, but noted the matter here to share with other players.

This is also not about my videos, but about the payout behavior of Stake7.

Save yourself such asshole comments please.

Oh, so you exchange with others to then insinuate them that they have no idea !??


I can only agree with the words of Justin in your zockervideothread!

I hope we are spared in the future of your teachings and questions! ?

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Pat1991
Top Member

Stake7 and the "crypto exchange rate"

12th Oct. 2023, at 01:39 pm CEST#15
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Perhaps I should make it a little clearer what I mean. Here are the average transaction fees for ETH over the last few days:


Pat1991

And here is the rate for the last few days:

Pat1991
The difference between the maximum price and the minimum price is just 99 USD.

In my opinion: stake7 has either miscalculated quite a bit here, or has a somewhat strange way of dealing with payouts in crypto...

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