Privacy settings

We use a number of cookies on our website. Some are essential, while others help us improve our portal for you.

Privacy settings

Here is an overview of all the cookies we use. You can choose to accept whole categories or view more information and select only certain cookies.

Essential (6)

Essential cookies enable basic functions and are necessary for the website to function properly.

Statistics (3)

Statistics cookies collect information anonymously. This information helps us to understand how our visitors use our website.
If the statistics cookies are subsequently deselected, they will remain on the computer until the expiry date. However, they are neither updated nor evaluated.

Online Casinos in general: Crypto payout - 50% discount/fees (Page 2)

Topic created on 26th Feb. 2024 | Page: 2 of 2 | Answers: 25 | Views: 1,134
MisterL
Expert
when I Deposit a minimum of 30 euros at Stake (best casino) via Moonpay and no matter whether LTC or XRP or Bitcoin, around 22-24 euros arrive.

therefore do not play in cryptocasinos or only if you can also deposit with mastercard.

Question: how can i and many other gamblers who read here get cryptocurrency without being charged these horrendous fees?

that way crypto makes no sense at all!

I think that was the question the thread creator wanted answered

and if I buy crypto for 1000 euros now, are the transaction fees just as high as if I buy it for 50 euros?

which are the cheapest providers to buy crypto from?

This post has been translated automatically

x00NY
Elite

MisterL wrote on 26.02.2024 at 13:51: if I Deposit 30 euros min. deposit amount at Stake (best casino) via Moonpay and no matter if LTC or XRP or Bitcoin, about 22-24 euros arrive.

therefore do not play in cryptocasinos or only if you can also deposit with mastercard.

Question: how can i and many other gamblers who read here get cryptocurrency without being charged these horrendous fees?

that way crypto makes no sense at all!

I think that was the question the thread creator wanted answered

and if I buy crypto for 1000 euros now, are the transaction fees just as high as if I buy it for 50 euros?

which are the cheapest providers to buy crypto from?

Crypto exchanges such as bitpanda or binance

This post has been translated automatically

flaschenposter
Amateur
i recently made a BTC Deposit for a crypto bonus.
Spoiler alert: I didn't get the bonus because, after deducting the fees, I was well below the minimum deposit for the bonus...

This post has been translated automatically

CaNna09
Amateur
A brief explanation of why you have such high fees with BTC.

BTC was never intended to go so high, i.e. the higher the price, the more fees you pay;)
Best not to pay in BTC at the moment...

This post has been translated automatically

MisterL
Expert
the fees as a percentage ? or per transaction no matter how high the amount is

This post has been translated automatically

Falke
Expert
And why are the fees so high now?

Spoiler alert: The casino is cheating.

In no other casino have I ever heard of such high fees or noticed them myself. This cannot be due to the payment provider. Which other payment Provider on the market collects over 50%?

Yes, the fees for BTC or ETH are relatively high. But we're talking about a few euros and certainly not such high sums.

What does the casino say about this? The TE must have asked there in the chat?

This post has been translated automatically

Kirkmama

Falke wrote on 27.02.2024 at 01:01: And why are the fees so high now?

Spoiler alert: the casino is cheating.

In no other casino have I ever heard of such high fees or noticed them myself. This cannot be due to the payment provider. Which other payment Provider on the market collects over 50%?

Yes, the fees for BTC or ETH are relatively high. But we're talking about a few euros and certainly not such high sums.

What does the casino say about this? The TE must have asked there in the chat?

You have transferred the full amount. So the issue is closed for you.

I may inquire with my provider, who refer to the chain entry, in which it is obvious that this is not true

This post has been translated automatically

moralischverwerflich
Top Member

MisterL wrote on 26.02.2024 at 13:51: if I Deposit 30 euros min. deposit amount at Stake (best casino) via Moonpay and no matter if LTC or XRP or Bitcoin, about 22-24 euros arrive.

therefore do not play in cryptocasinos or only if you can also deposit with mastercard.

Question: how can I and many other gamblers who read here get cryptocurrency without being charged these horrendous fees?

that way crypto makes no sense at all!

I think that was the question the thread creator wanted answered

and if I buy crypto for 1000 euros now, are the transaction fees just as high as if I buy it for 50 euros?

which are the cheapest providers to buy crypto from?

Anyone who buys crypto via Moonpay and similar providers has too much money to give away..


Normal crypto exchange such as Bitpanda, from there to Trustwallet and from there to the casino. That's it.

You can't give a flat rate for the fees, as it depends on the exchange rate etc. With LTC, however, you can roughly say that there are approx. 1-2€ in fees per 50€ when buying and selling. Sending costs 3-4 cents flat rate.

A little Tip for those who want to play more with cryptos:
Take out a Coinbase ONE subscription. It costs €25 per month and you can buy and sell as much as you want free of charge.
Can be canceled at any time. It also pays off if you only want to play more for 1 month, for example.

This post has been translated automatically

moralischverwerflich
Top Member

MisterL wrote on 26.02.2024 at 11:44 am: so the answers here are GAGA

here they talk about cryptocasinos super etc. but nobody can explain why the fees are so high

Why is gas so expensive? Why do cigarettes now cost 8-9€?

Because there's a moron sitting somewhere who decides....
There's nothing to explain.
The fees for BTC and ETH depend on the network etc.... Sometimes it's cheap, sometimes it's expensive.

Recently there was a BTC transaction where fees in the millions were incurred.... (Article can be found via Google)

That's just life..

This post has been translated automatically

MisterL
Expert
cool thanks !

This post has been translated automatically

gamble1
Legend
Oh well, with BTC and ETH, that's not really surprising - I recently wanted to send €20 when the BTC network was overloaded and would have paid around €20 just in fees

Always send stuff like that with LTC because it differs by cent amounts With Platin 200 paid out 199.88 arrived

It can't be the casino's fault, I once withdrew BTC from stake7 and the fees were around €5-8, but the network was also legitimate at the time

This post has been translated automatically

Hot Topics21st Apr. 2024 at 12:09 am CEST

GambleJoe is aimed exclusively at user whose allowed to play legally with his current location in online casinos and does not violate the current law.
It is the responsibility of the user to inform himself about the current legal situation. Gambling is prohibited for children and adolescents under the age of 18.
GambleJoe is a registered trademark with the EUIPO of GJ International Ltd.

© 2012-2024 GambleJoe.com

Forgotten your password?

Create a new password here

  • 1. Fill in the 3 fields carefully and click on the green button
  • 2. Check your email inbox for a message from GambleJoe
  • 3. Click on the confirmation link in the email and your new password will be active immediately