ForumGeneral Gambling DiscussionCrypto wallets what a RIPOFF

Crypto wallets what a RIPOFF

2 years ago by Anonymized417
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3340 views 18 replies |
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2 years ago

What a joke sending money to a casino using Bitcoin I deposited £50 in my account and the most I could send to the casino was £43!! What a F***ing rip off!!😡

Anonymized417
2 years ago

What a fee! Which e-wallet did you use, please?


Radka
2 years ago

Blockchain I found it’s fairly easy to use but expensive. I deposited 35.00 this morning and £5 was taken in fees. You have to deposit it into your account then transfer it to your wallet before sending it to the casino. Sending it to the casino only cost .43p so you can see buying and transferring it is where the costs occur.

Anonymized417
2 years ago

I see, thank you for the information. I remember a player who accused a casino of stealing her money because of this buying fee. She was persistent that it was the casino who get those fees, Frankly, casino support simply repeated that she accepted their Terms and Conditions and was not able to explain the fees further.

Let's hope players will notice 🙂

Radka
2 years ago

It’s actually a lot cheaper and easier to withdraw I got a win yesterday of €700 and it can be paid direct into my Blockchain trading account without having to go into my wallet first and then you sell the crypto for your preferred cash and then transfer back into my bank account which is linked in immediately. I chose Blockchain because it’s user friendly for someone like me. I complained because I made a few deposits and didn’t win today I’m 😆 The ups and downs of being a gambler.

Edited by author 2 years ago
Anonymized417
2 years ago

Well, I still think you provided useful information. 😂


2 years ago

Ok. That was really useful. Thank you. Will read terms first XDD

Was the fee amount for blockchain stated there?

Sinn_Sunthorn
2 years ago

No you kinda learn as you go I use Blockchain as I couldn’t get on with any of the others I tried so they might be cheaper. Sending from my wallet to the casino was only 43p but buying £35 to my trading account cost £1.99 and the biggest cost which surprised me was transferring to my wallet £3.99. Like I said you can do a casino withdrawal straight to your trading account and sell for cash and transfer to your bank and that’s reasonable.

Anonymized417
2 years ago

It now costs less now that I have made a withdrawal in £s I can deposit to my cash deposit and then transfer £2.00 instead of £3.99. It sounds complicated but it’s not really it’s something that you learn to do by using it.

Anonymized417
2 years ago

I'm wondering, have you tested other crypto wallets or is the Blockchain your first one?

Daniel
2 years ago

I tried loads I kept downloading the app tried signing up and something went wrong getting my details set up and others where it didn’t show deposit , transfer, receive and withdraw. One wanted to see 3 mths of bank statements so that wasn’t going to happen, it’s like casinos that can demand bank statements that require you to send them your financial business it’s a no no. I’m used to Blockchain now and accept the costs involved.

Anonymized417
2 years ago

I've been using Bitstamp for many years. I'm not sure whether it's the best one, but they're known for low fees. But as far as I can remember, I had to take a selfie video and even say some numbers on the screen loudly in order to get verified 😀

I remember Revolut wanted to see my tax return for previous. It took them 14 days to review it, then they suddenly increased my yearly transaction limit from 200 EUR to about 200 000 EUR. I did about 1-2 transactions there per month. The amounts were usually around 10-20 pounds. Then I got blocked for no reason for more than a month. Then they said I need to transfer all the money out and my account will be closed permanently. I requested to transfer the remaining balance back to my bank account. They declined it about 5 times and when I tried that again for the 6th time, it went through. It took about 14 more days. The account remained open. Apparently, someone forgot to close it 😀

To sum it up. I don't recommend Revolut to anyone.

2 years ago

Yeah like they don’t have an email address if you have a problem. I will look into Bitstamp and see what goes down with them



Anonymized417
2 years ago

I downloaded the Bitstamp app I didn’t get to the verification as I can’t see a send facility file

2 years ago

Such an important feature and you can't find it? That's bad 😀.

I come across this article containing a comparison between Bitstamp and Coinbase, fees included:

https://bit.ly/3aUyhPD

Someone may find it useful I guess.


Radka
2 years ago

I don’t want crypto for investment I now have to have it for both the casinos I use for depositing and withdrawals and now I’ve got used to it I’m happy with Blockchain. 😀

Anonymized417
2 years ago

It's good you found the best option 👍.

8 months ago

Losing a crypto wallet or getting defrauded can be incredibly frustrating, especially if the wallet in question holds a large amount of crypto. But don't worry; losing or forgetting about a crypto wallet isn't where things end. You can take a few different steps to reclaim your lost cryptocurrency. Let's take a look at Recovering Atusa .com, experts working under UN(United Nations) You can get help from them if you wish, and remember is not about what you know or heard, is about who you know. Knowing the right source in a world of scam has always been a privilege for me 

fredrickalber
8 months ago

What about the costs, though? 🙂

Anyway, it sounds like a job for coders or hackers, as long as the crypto is untrackable and decentralized.

I would be very careful there. I also found a few similar "regular posts" on the internet.

I'm yet to be convinced this is a fair business.

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