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Online Casinos in general: Stake Crypto Casino win and payout (Page 2)

Topic created on 30th May. 2024 | Page: 2 of 4 | Answers: 47 | Views: 2,563
moralischverwerflich
Expert

frapi07 wrote on 01.06.2024 at 07:27:

Yes, then only the max withdrawal amount is worth it. I read that it is always around 900€, even if not, you can only withdraw a maximum of 1000€ per day from the ATMs.


I have translated an answer so that you understand what I mean:

Coinbase's terms and conditions explicitly state that you may not use the service for online gambling.

You can probably get away with it a few times, but at some point Coinbase can and will suspend your account if you violate the terms. This has happened countless times to users on this subreddit.

The same goes for Kraken, Gemini, FTX, Crypto, Binance US and many other regulated crypto exchanges.



Why should you only be able to Deposit a maximum of €1000 per day at an ATM? You can definitely do more.



Simply use an external wallet between Coinbase and the casino. This point is already excluded.

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TitanX

morallyreprehensible wrote on 01.06.2024 08:46:

Why should you only be able to Deposit a maximum of €1000 per day at a vending machine? You can definitely do more.



Simply use an external wallet between Coinbase and the casino. That point is already excluded.

That's exactly how it is. I can recommend the Trust Wallet as an external wallet. I've had good experiences with it so far.

In this context, I also have a question that fits in well with this thread

I currently pay out my stake wins, if there are any , to my Trust Wallet. From there, I transfer them to Coinbase and then sell the cryptos there.
Do you know of a way in which I could transfer the money, e.g. the euros, directly from there to Neteller? I have a Neteller credit card and could then simply withdraw the money from an ATM.

I would be grateful for a tip.

Best regards
TitanX

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moralischverwerflich
Expert
ITitanX wrote on 01.06.2024 at 13:35:

That's exactly how it is. I can recommend the Trust Wallet as an external wallet. I have had good experiences with it so far.

In this context, I also have a question that fits in well with this thread

I currently pay out my stake wins, if there are any , to my Trust Wallet. From there, I transfer them to Coinbase and then sell the cryptos there.
Do you know of a way in which I could transfer the money, e.g. the euros, directly from there to Neteller? I have a Neteller credit card and could then simply withdraw the money from an ATM.

I would be grateful for a tip.

Best regards
TitanX

Why not just get the Coinbase card? It's the easiest.....

From Coinbase to Neteller is not possible as far as I know.

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frapi07
Elite

morallyreprehensible wrote on 01.06.2024 08:46:

Why should you only be able to Deposit a maximum of €1000 per day at a vending machine? You can definitely do more.



Simply use an external wallet between Coinbase and the casino. That point is already excluded.

At least that's how it is for me. I don't know if it's only with the Spakasse, but I've often wanted to withdraw more than €1000 and it only worked at the counter or in chunks.


Withdraw money | Daily limits at ATMs | Sparkasse.de

"To ensure that you always have enough cash, it is helpful to know your personal daily limit. The best way to do this is to contact your savings bank, as the amount of your withdrawal limit depends on which institution you have an account with. At Berliner Sparkasse, for example, you can withdraw 1,000 euros per day from an ATM - if you are a customer there. At other savings banks, the corresponding limit is often 500 euros"

Yes, I had also read this solution, that one or more wallets should be used in between.

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gamble1
Legend
frapi07 wrote on 01.06.2024 at 18:23:

At least that's how it is for me. I don't know if it's only at the Spakasse, but I've often wanted to withdraw more than 1000€ and it only worked at the counter or in pieces.


Withdraw money | Daily limits at ATMs | Sparkasse.de

"To ensure that you always have enough cash, it is helpful to know your personal daily limit. The best way to do this is to contact your savings bank, as the amount of your withdrawal limit depends on which institution you have an account with. At Berliner Sparkasse, for example, you can withdraw 1,000 euros per day from an ATM - if you are a customer there. At other savings banks, the corresponding limit is often 500 euros"

Yes, I had also read this solution, that one or more wallets should be used in between.

The 1000 € limit is usually set in connection with every German bank account and according to my bank you cannot increase this limit for security reasons, which means that with a German account you can only withdraw 1000 € per day (mind you, at the ATM at the counter you can always transfer more, usually the 1000 € are also a protection if card and pin are lost together)


With credit cards this looks different there you have the limit which is set at Skrill normally 900 € but with a higher VIP level much more is possible there and when MB increased my limit from 300 to 5000 at that time I could also withdraw the 5000 in cash every day at every ATM

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frapi07
Elite

gamble1 wrote on 01.06.2024 at 23:51:
The 1000 € limit is usually set in connection with every German bank account and according to my bank you can't increase this limit for security reasons either means with a German account you can only withdraw 1000 € per day (mind you at the ATM at the counter there is always more transfer usually also the 1000 € are a protection if card and pin are lost together)


The situation is different with credit cards where you have a limit of €900 for Skrill, but with a higher VIP level you can withdraw much more and when MB increased my limit from 300 to 5000 I was able to withdraw the 5000 in cash every day at any ATM

Ahh, okay. I didn't know that you could withdraw more with a card. I don't have one yet but I'm toying with the idea of depositing in crypto shops, but certainly not withdrawing to my bank account.

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moralischverwerflich
Expert

gamble1 wrote on 01.06.2024 at 23:51:
The 1000 € limit is usually set in connection with every German bank account and according to my bank you can't increase this limit for security reasons either means with a German account you can only withdraw 1000 € per day (mind you at the ATM at the counter there is always more transfer usually also the 1000 € are a protection if card and pin are lost together)


With credit cards this looks different there you have the limit which is set at Skrill normally 900 € but with a higher VIP level much more is possible there and when MB increased my limit from 300 to 5000 at that time I could also withdraw the 5000 in cash every day at every ATM

I can definitely withdraw more than €1000 at ATMs from my normal bank account. That is an absolutely false statement from your bank.

At the savings banks 1500 per transaction (a few even 2000) and at the VR banks 2500.
And I can repeat this as often as I like until my daily limit with the card is reached.
I'll put my money where my mouth is, I recently withdrew 15k in cash.

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Slothot
Amateur
Let me answer your question:

Coinbase will ask you about the origin, i.e. Source of Wealth. So get screenshots from the history with the wins.
You can also ask Stake for your lifetime payouts. That also helps.

Then save the TXs of your deposits and withdrawals in Block Explorer. This is then quite watertight.

Source of Wealth is unfortunately becoming standard with Coinbase and Kraken.

With the above procedure, however, it is no problem.

Banks in general:

I mainly use Consorsbank and they called me after receiving 6-digit amounts of money from Kraken and wanted to know where the money came from. These were 100% crypto profits, so I sent them statements from Kraken Ledger as well as parts of my tax return.
This is then checked and no further questions are actually asked. The same applies to gambling winnings. It works the same way with the above procedure and I have already gone through it.

You save yourself the hassle of dealing with dozens of banks. Why bother when you can put the money into circulation legally?

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frapi07
Elite
Okay, I've just made myself a wallet at Trust and am currently trying it out a bit. I wanted to buy 1000€ Eth (just for testing) and there are already 15€ fees, then there will certainly be fees for the transfer from the wallet to the casino (i.e. 2x) and then again for the withdrawal.

So for 1000€ you get a safe 40-50€. 4-5% fees. Really a lot, but you don't have a stupid tax per spin. But I never paid it because it was never deducted at the live tables. That's why the fees are currently really high for me. At a FIAT casino (Pino), I Deposit €1000, can play with €1000 and when I withdraw €2500, I also receive €2500.

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T0uchTheSky
Elite

frapi07 wrote on 02.06.2024 at 11:44 am: Okay, I just made myself a wallet at Trust and am trying it out a bit. Wanted to buy 1000€ Eth (just for testing) and there are already 15€ fees, then there will certainly be fees for the transfer from the wallet to the casino (2x) and then again for the withdrawal.

So for 1000€ you get a safe 40-50€. 4-5% fees. Really a lot, but you don't have a stupid tax per spin. But I never paid it because it was never deducted at the live tables. That's why the fees are currently really high for me. At a FIAT casino (Pino), I Deposit €1000, can play with €1000 and when I withdraw €2500, I also receive €2500.

Why ETH then? Buy a few LTC somewhere like CryptoPay, then send them to your TrustWallet or Exodus Wallet, and from there always to the casinos and back again. Fee not even 1 cent.


The same for withdrawals, sometimes a few cents less and sometimes even a few cents more.

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frapi07
Elite

T0uchTheSky wrote on 02/06/2024 12:03:

Why ETH? Buy a few LTC somewhere like CryptoPay, then send them to your TrustWallet or Exodus Wallet, and from there always to the casinos and back again. Fee not even 1 cent.


The same for withdrawals, sometimes a few cents less and sometimes even a few cents more.

Aso, I did this directly with Trust. Apparently the fees are very high there

https://ibb.co/DrXrgwd

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T0uchTheSky
Elite
frapi07 wrote on 02.06.2024 at 12:15 pm:

Aso, did it directly with Trust. Apparently the fees are very high there

https://ibb.co/DrXrgwd

When you buy cryptos, you have to pay fees everywhere, some less and some much more. The providers directly in the wallet are usually overpriced. With CryptoPay I think the fee is 1% and with Binance I think it's 1.5? So it's better to shop there.


If you buy, then buy a little more at a time. Then you send everything to your wallet at once. And from then on you pay almost no fee, as I said not even 1 cent.

p.s.and as I said, don't buy BTC or ETH, preferably LTC

pps. About 1.3 % on your picture is actually not expensive

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MisterL
Expert
and what is the situation at btcdirect.eu?

are they more expensive than CryptoPay?

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frapi07
Elite
T0uchTheSky wrote on 02/06/2024 12:22:
When you buy cryptos, you have to pay fees everywhere, some less and some much more. The providers directly in the wallet are usually overpriced. With CryptoPay I think the fee is 1% and with Binance I think 1.5? So it's better to shop there.


If you buy, then buy a little more at a time. Then you send everything to your wallet at once. And from then on you pay almost no fee, as I said not even 1 cent.

p.s.and as I said, don't buy BTC or ETH, preferably LTC

pps. About 1.3% on your picture is actually not expensive

Yes, 1.3% is low, but then there are additional fees when withdrawing. You can easily get over 3%

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T0uchTheSky
Elite

frapi07 wrote on 02.06.2024 at 12:51 pm:

Yes 1.3% is little, but then there are other fees when withdrawing. You can easily get over 3%

Yes, unfortunately that's normal. That's why I said to buy a little more at a time and then send everything to a wallet.

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