I want to ask something before I jump on LUT mining, What is the typical transaction fee per bet when mining LUT token. I know that ETH transaction is very high and it might burn all the possible profit that I will get by mining LUT tokens. Is it possible to mine token via account bet and not thru contract bet? Based on my understanding, You can only mine LUT token by doing bet on contract betting.
Based on Tradeethereum post
...... I check on the LUT description, when we bet for 0.00015 ETH can earn 1 LUT or 5.9933 TRX can earn 1 LUT.
or $0.62 based on Ethereum exchange rate you have to connect your wallet to bet I have not tried to use contract betting yet but I want to explore more on how to earn LUT through betting I hope TradeEthereum can explore this area.
@traderethereum, Are you successfully earning LUT token using the typical account bet? I'm interested on this token since its fresh and many startup casino is moving towards this idea that only means the first mover will always get the attention of the majority investors.
Is there KYC required and is anyone here successfully withdraw there balance after they commit deposit. I'm too cautious on making deposit on new gambling site after experiencing a terrible loss on playing at new casino.
I am not earning a LUT token yet because I do not try to deposit with my coins.
Besides that, I still use their BUSDT as a start so maybe I need more time to know for furthermore update from them.
I am also interested in this token because it could succeed like the other casino if they still work hard and add more features there and here.
As crypto gambling is growing fast this year, if the dev and the team can implement their plan to the site, I think they will benefit from the trend.
Since I do not deposit my funds there, I do not know if KYC is required but hopefully, they do not ask for KYC.