what crypto you guys actually use for gambling?

[Major]

The stablecoin debate comes down to trust:
USDT: Largest, most accepted, questionable backing
USDC: More transparent, Circle has proper audits
DAI: Decentralized but complex

For gambling most people use USDT because every casino accepts it and liquidity is best.

 

[goxeme]

usdt tether scam waiting to collapse

 

[Btcalysis]

usdt tether scam waiting to collapse

@goxeme Tether collapse has been predicted since 2017. Still here, still $1.

 

[CryptoDada]

usdt tether scam waiting to collapse

Agree with @Btcalysis not saying it's impossible but the "imminent collapse" narrative is overblown for sure

 

[bittersweet]

used to only use btc back in 2018 when it were reasonable. now its just not practical for gambling
switched to usdt last year and never going back

 

[CryptoDada]

Little breakdown of what matters for gambling:

• Speed: Tron/Solana > Litecoin > Bitcoin > Ethereum
• Fees: Tron/Solana < Litecoin < Bitcoin < Ethereum
• Acceptance: USDT > BTC > Everything else
• Volatility: Stablecoins (fairly none) > BTC (high)

Choose based on your priorities. Most gamblers prioritize speed/fees so USDT on Tron wins.

 

[cryptonit]

xlm also cheap and fast if casino accepts it

 

[Trump_Coiner]

honestly i see your point here but personaly i use btc because when i win i want to hold in btc not convert back and forth losing money on spreads every time

 

[Steven37]

honestly i see your point here but personaly i use btc because when i win i want to hold in btc not convert back and forth losing money on spreads every time

Valid strategy if you're bullish long term. But you're essentially making two bets - on your gambling session AND on BTC price. Higher risk/reward. Just keep that in mind

 

[Patronus]

honestly i see your point here but personaly i use btc because when i win i want to hold in btc not convert back and forth losing money on spreads every time

same tbh. won 0.05 btc would have just spent the fiat if i cashed out. so just wait untill it grows back and that;s it

 

[flipflop]

same tbh. won 0.05 btc would have just spent the fiat if i cashed out. so just wait untill it grows back and that;s it

and you can wait for years lol

 

[Patronus]

and you can wait for years lol

yeah thats the gamble innit. but if you're already gambling on slots might as well gemble on btc too

 

[goldkingcoiner]

watching degenerate gamblers convince themselves holding btc is an "investment strategy" is peak comedy. ur not warren buffett ur a slot addict who got lucky

 

[CryptoNeed]

watching degenerate gamblers convince themselves holding btc is an "investment strategy" is peak comedy. ur not warren buffett ur a slot addict who got lucky

jesus christ mate why wont you keep that shit to yourself huh??

 

[Tyrone]

jesus christ mate why wont you keep that shit to yourself huh??

@goldkingcoiner is right tho. holding btc from your gambling wins is dumb strategy(why would even call it a strategy anyways) so maybe you stfu HUH??

 

[justdoit]

on gamdom you can switch between btc usdt ltc inside account so i deposit usdt play then if win convert to btc before withdraw
best out of both and no extra fees

 

[CoinTaker]

on gamdom you can switch between btc usdt ltc inside account so i deposit usdt play then if win convert to btc before withdraw
best out of both and no extra fees

well that's actually smart. get the cheap deposits but can hodl btc if you want nice!

 

[Timmy98]

so consensus is usdt trc20 for most people?

 

[root777]

so consensus is usdt trc20 for most people?

Pretty much yeah. Unless you specifically want to hold BTC or your casino doesn't accept USDT for any reason (which is pretty rare)

 

[Major]

so consensus is usdt trc20 for most people?

One more thing to consider - some casinos charge withdrawal fees on certain coins. betterr check the casino's fee structure. Some charge nothing for USDT but fee for BTC, others vice versa.