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How often do you exchange your winnings?


wngo123

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Posted

I have seen people playing with coins like doge and then withdrawing the winnings just to sell the coin and buy for example bitcoin and deposit it back to play on stake. Do you often do that? If yes what currency you withdraw to buy bitcoin to deposit bitcoin back to stake to play or maybe you buy other currency?

Posted

I usually will always exchange winnings for BTC because I know what amounts of BTC are worth in Fiat. I think all of my withdrawals of significant size are in BTC. 

It really makes it nice that you can use Stakes in house exchange service (partnered with Changelly afaik) to get your withdrawal in whatever coin you want.

Posted

Hey there wngo!

I personally take all currencies i have at the moment and then I will withdraw that either in ethereum or bitcoin. Preferrably ethereum because it is much quicker. For instance... If I had doge, ltc, xrp, or anything else other than ethereum and bitcoin i exchange it in dinabot for ethereum or bitcoin. I think ethereum is much handier for me because I know what I am doing with it and It is such a fast currency when confirming on blockchain.

Posted

In for me I play mostly with dogecoin because this coin easily and fast transfer to wallet and this coin transaction very fast complete and not any fee just 1 dogecoin fee and I not convert my this coin for playing on stake when I make good amount this coin then I exchange this coin to Btc and Btc sent to selling site and sell my Btc for cash

Posted

I never do that. I have never sold another coin to buy a BTC. because, if I withdraw my coin, I will cash it. even if I wanted to do it, I would not sell it, but would immediately exchange the coin to BTC

Posted

I do, i usually exchange all my coins to bitcoin before i withdraw my balance. When my balance is low, i usually exchange it first to coin like dogecoin or xrp and play it until minimum wd on bitcoin.

Posted
19 hours ago, wngo123 said:

I have seen people playing with coins like doge and then withdrawing the winnings just to sell the coin and buy for example bitcoin and deposit it back to play on stake. Do you often do that? If yes what currency you withdraw to buy bitcoin to deposit bitcoin back to stake to play or maybe you buy other currency?

It makes no sense to me to earn a coin here at the stake and trade it for another, it's not worth it, because you'll lose a percentage in the trade, it's better to keep a coin and only withdraw it when it's actually going to use.

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