Post
Topic
Board Gambling discussion
Re: Gambling sites and current transactions fee
by
wxa7115
on 08/12/2023, 01:54:46 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.
Due to the high fees, gamblers will have to change their usual behavior or simply accept to pay a lot of money just to withdraw their coins.

However there are many ways to avoid this, you could use the LN, you could keep your coins at the casino or the exchange for a longer period of time or you could exchange your bitcoin for an altcoin and then ask for a withdrawal, neither of those options is perfect but if your main motivation is to save money then those three methods are good enough if you ask me.