gambling
Hello everyone! I recently saw an offer to bet in cryptocurrency - they say faster payouts and anonymity. But I have never used Bitcoin or Ethereum for gambling. Who has tried? Does everything really work smoothly, or can there be pitfalls with the rate or withdrawal?
I'll add from myself: I'm wondering if you have to go through the same verifications as in a regular casino if you play crypto. I've heard that some establishments still require documents for large amounts, while others don't. How is it in practice?
I switched to betting in crypto casinos a long time ago and I’ll be honest: there is a small exchange rate risk, but it is compensated by instant payouts and the absence of hassle with bank transfers. Verification in most such institutions is only required if you want to withdraw a large win - up to a certain limit they really don’t ask for any documents. I myself play at 1x.com.cm/casino: there you can bet in BTC and other coins, payouts come literally in a few minutes, and no one interferes with your balance. The only nuance is that you should monitor the exchange rate so as not to lose due to sharp fluctuations, but for entertainment it is quite acceptable.