Essentially, a cryptocurrency casino differs from a regular one only in that the key payment instrument is digital coins, not fiat money.Otherwise, crypto gambling platforms are no different from regular online casinos: here you can find thousands of slots, roulette, and, for example, sports betting.This payment method allows players to bypass banks and various third-party payment systems, sending money directly to their account.
najisami said:
The stock market - yes. Crypto - no. I don't ask to have my poker winnings deposited to my investment account. Even if I did, stock values are dependent on a lot of tangible factors. There is some whim involved, but valuations are based mostly on tangible things like business models, sales, assets, operations, etc. Crypto seems to be based entirely on whim.Ruslan L said:
I'm just not seeing it. Please help me understand.
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Why would you want to bypass banks? The only reason I can think of would be fees, but as I understand it there are fees associated with using crypto as well. Plus, my bank balance doesn't go down with market trends/whims, but it can go down quite dramatically with crypto.dreamer13 said:
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I am reluctant to deal in Crypto period. Give me the Cash ,Cash Beautiful Green Crisp Cash!! 😂. I saw my Brother Lose Value(Cash) in his crypto investment. I don't know a lot about the Crypto system to even think about accepting it as payment or winnings.
It would be my luck to buy chips with Crypto and by the time I get done in the casino the Crypto lost value while I played in the casino. So if i did win a certain amount I may have lost it at the crypto cash out window.😂. If thats possible? Do you have to cashout with the type currency you buy your chips with, Cash for cash , Crypto for Crypto? I lack knowledge on the Crypto currency scene. I really have no desire to learn anything about it. The initial Boom Crypto created is pretty much over according to folks i talk with.
Peace
Tony.
It would be my luck to buy chips with Crypto and by the time I get done in the casino the Crypto lost value while I played in the casino. So if i did win a certain amount I may have lost it at the crypto cash out window.😂. If thats possible? Do you have to cashout with the type currency you buy your chips with, Cash for cash , Crypto for Crypto? I lack knowledge on the Crypto currency scene. I really have no desire to learn anything about it. The initial Boom Crypto created is pretty much over according to folks i talk with.
Peace
Tony.
I still have problems dealing with crypto payments . I really don[ like [hem . Problem with my ewallet , man] problems I had with cryptocurrency till now . Many casinos accept only crypto . This sucks . But I [think many people like them and have cryptos , so maybe they would like the idea of a casino paying or accepting money in crypto .
dreamer13 said:
Sorry, this "Otherwise, crypto gambling platforms are no different from regular online casinos" made me think you're talking about online casinos.