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: Stake7 and the "crypto exchange rate" (Page 2)

Topic created on 11th Oct. 2023 | Page: 2 of 2 | Answers: 22 | Views: 1,457
gamble1
Legend
Pat1991 wrote on 10/12/2023 at 1:39 pm: Maybe I should make it a bit clearer what I mean. Here are the average transaction fees over the last few days for ETH:


gamble1

And here is the rate for the last few days:

gamble1
The difference between the maximum price and the minimum price is just 99 USD.

I am of the opinion: stake7 has either miscalculated quite a bit here, or has a somewhat strange way of dealing with payouts in Crypto...

But why make such a wave about a problem we can't change either way ? As if a casino which has thousands of players now instructs their entire payment department to calculate differently or something like that! The maximum if you really make pressure once refund some money and then it goes on next time so

Since it is much easier to simply take another currency and the problem is solved I have just paid out with LTC and I have so far no fees displayed why it must be on Krampf ETH make you a Coinbase account then you can exchange the cryptos for free in each other as often as you want

This post has been translated automatically

T0uchTheSky
Expert
BTC and ETH are slow and expensive, best to take Xrp or Ltc.

This post has been translated automatically

Falko
Icon
There is now also the Fasttoken which has almost the same value as the Euro 1 Euro = 1.04 Fasttoken. I became aware of this cryptocurrency, because Socialtournament daily feeds some free FTN tournaments, where you can only pay out your wins via Fasttoken. Then I looked to see if there are also casinos that have this crypto in stock and there were also some. What is due with this cryptocurrency in fees, if you use the in an online casino, but I do not know. Who deposits with crypto, could try that yes times.

This post has been translated automatically

Paddington
Top Member

Falko wrote on 12.10.2023 at 17:17: There is now also the Fasttoken which has almost the same value as the euro 1 euro = 1.04 Fasttoken. I became aware of this cryptocurrency because Socialtournament feeds in some free FTN tournaments every day, where you are only allowed to pay out your wins made here via Fasttoken. Then I looked to see if there are also casinos that have this crypto in stock and there were also some. What is due with this cryptocurrency in fees, if you use the in an online casino, but I do not know. Who deposits with crypto, could try that yes times.


Then rather take directly an established stablecoin!

This post has been translated automatically

Paddington
Top Member
You must also keep in mind that many casinos use an external payment service Provider, this can also calculate fees again + the network fees. Depending on the coin and preset Hashrate can then also vary again. As an example: I can also send out a BTC transaction with 30 cent fees, which then takes forever and one with 2.30 € fees (as an example) which then goes through faster.

This post has been translated automatically

Pat1991
Top Member
Just for comparison: Today my payout of 20 EUR from my regular casino arrived, with 1-2 days delay. And this is how it looks like:

Pat1991

Almost a precision landing.

It's actually a pity, stake7 should really improve.

This post has been translated automatically

Pat1991
Top Member
One more thing on the subject: A "no-name Wild West" Provider sent me BTC today, with a precision landing on the correct final amount. So nothing to do with fees. The sender normally pays these.

A real shame, otherwise I would have given stake7 a chance

This post has been translated automatically

PiccoGER
Visitor
Hello, how long does it take stake7 to process the payout? I had already won 4 digits once, then the Verification took several days ... to 0. Now I was able to convert this via support. Confirmation KYC came a few days ago; today a hit at Money Train 16,400 x ... I brought 2k to payout today at noon and nothing has happened since then. I'm afraid they'll start delaying it again. Do any of the mods here have a connection to stake7? Thanks in advance and best regards 🤘🏻

This post has been translated automatically

Hot Topics28th Feb. 2024 at 11:22 am CET

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