We used different deposit methods and there was a lot of fees in the past. What is the link between crypto moneys use and online gambling?
The main advantage of crypto based gambling is that many countries have banned the deposit of money to online gambling sites and this will open up the market from those restriction but the sites in this space have more limit than the fiat based sites which makes it less attractive, we need more competition in this market.
Yeah you are right. My country also banned such sites and you cannot invest in such gambling sites. Bitcoin and other Altcoin are the easiest way to deposit your money because cryptocurrency is still decentralized in many countries and they do not allow trading in crypto. Therefore many gambler use crypto for their gambling addiction.
Yeah it is only crypto that increased the ratio of online gambling. Now many people gamble with their holding because they want to make more and more money in less time but it is their thoughts and nothing more. Finally they lose all their money and their wallets have been cleaned up by site controllers. Better not to gamble with your holdings.