Post
Topic
Board Gambling discussion
Re: Gambling sites and current transactions fee
by
EarnOnVictor
on 07/12/2023, 14:39:29 UTC
Now the gambling site was in the trouble because of the high transaction fee by the exchanges like the Binance.It was unacceptable one for the gambler to pay 26 dollars to withdraw funds from the Binance.Being a gambler,my opinion is to hold till the money in the exchange itself.Surely we get the profit from the gambling site,if we follow some techniques in the gambling site.But my point is why we need to pay the exchange fee of 26 dollars for the single transaction.

My decision may be seems revolutionary one,but the fact is the same transaction fee will be reduced when the market back to the bear standard.The bull run give huge dollars to the trader who hold from the 31k market price of the bitcoin.I had some arguments with my friends with whom we meet on every weekend.They also had the opinion of hold their money in the exchange till the market fee back to the normal one.So what your standard for the current transaction fee of bitcoin.
Bro, I must say I didn't get you correctly. Is it that your account is not independent of Binance or what? Binance is an exchange and of course, not the only way to fund your betting account, you can use other options and will be just fine. The transfer fee of Binance is way too high, it's killing and it could be simply termed extortion as they are in the business, they know how the Mempool work, they can adjust the fee accordingly if they want, and they are also fully invoved in the mining of the block, only that they do not care but make big money. That aside, you can deposit into other non-custodial wallets and get to be making your betting in peace. And if you must use Binance, there is still nothing wrong with that, you only have to be smart with it.

It's not a must you use Bitcoin at this time, you can convert your Bitcoin into another coin/token allowed by your gambling site and you are good to go. By this, you would have settled the issue of the fee instead of depriving yourself of the joy of gambling and also keeping your money to be wasted with Binance.