Post
Topic
Board Gambling
Re: Stake.com - Casino & Sportsbook - 🏈 🏈 The Big Game Streamed Live!! 🏈 🏈
by
shield132
on 07/02/2021, 20:15:40 UTC
Ok just came here about the confirmation that they really do increase the btc withdrawal fees. Because before it was 10k sats, which actually was beneficial to a lot of players. They only recently changed it to 30k sats. I think it is already high time that they increased it to 30k sats. A lot of casinos have increased their fees a long time ago. Stake is just recently.
Well, they had to do 30k because at the end of the day we all seen the transaction fee's going super high and that is a proof how stake needed to change as well. What do you expect stake to do, just pay from their own pockets when you want to withdraw?
They shouldn't pay our fees, there is no need of this but I think that fees shouldn't change everyday, maybe weekly updates can be a good choice. It's uncomfortable player when he sees that yesterday he could to withdraw via 10K satoshi and now he needs 30K. As a result, this may lead players to use the best chance to withdraw ASAP. Maybe I am mistaken but I think so...
I checked the site few days back (a week ago IIRC) when they were charging 0.0001 btc in fee for withdrawal, it changed to 0.0003 btc 3 days ago and is 0.0002 btc right now. Is there a dynamic structure in place which changes the fee according to the price of btc or is it based on the minimum that is required to get included in a block soon?
They manually set the fees, it's not an automated process. Seems they try to follow the network and act according to it.

Personally, I think that there should be fixed A: Low, Medium and high fees and users will choose how quickly they want to withdraw or B - Set satoshi/bytes fees manually.