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Do stake need Stablecoins?


Thepug

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Posted

Personally, I think that Stake need stablecoins. There are way too many people out there that simply don’t like the stress in holding such volatile crypto currencies, such as bitcoin and ethereum.

However, if stake were to have currencies like USDT or Dai, this would make gambling more convenient for players and it would be easier to calculate the USD equivalent of what you are betting.

I think that there is a huge potential in the market here, and if Stake were to add a stablecoin, I would surely be betting more here.

What do you guys think of Stablecoins and should stake add one?

Posted

I also have a favorable opinion that the stake will add a stablecoin to the platform. Since, many small casinos have already adopted this. And the stake that is a giant casino has not yet made.
It would certainly make the question of betting and the security of values held in cryptocurrencies much easier.

Posted

I agree, they should have that option so people can choose from betting using stablecoins or crypto currencies with the rise or dumps of crypto currencies' value as basis. Sometimes we make a lot and gets affected by the dumps of the value of these cryptos and it hurts when the you are having a hard time winning such amounts but the value is not that great as compared to last time. 

Posted

If it were to be my personal opinion on this matter in regards to Stablecoins, I would say Stake would not have much of the need to implement those Stablecoins since the main focus is still Bitcoin gambling first and foremost. :D 

Posted

stake can create their own coin and they can make it stable usdt also a very nice option, and its a nice idea when ever we win something nice we can convert in that stable coin and can store in vault for some time, it will be great if we have usdt here.

Posted
31 minutes ago, sahil777 said:

stake can create their own coin and they can make it stable usdt also a very nice option, and its a nice idea when ever we win something nice we can convert in that stable coin and can store in vault for some time, it will be great if we have usdt here.

Yeah this was totally what I was thinking too. Sometimes, I just don't want to risk my BTC or Eth going down in value, so I use an external wallet to convert it into a stable coin, meaning that I lose money for trading fees. It would just make it more convenient for me too if they have USDT here!

Posted

more and more coins to be played on stake in my opinion this will be good because there will be many people playing various kinds of coins and everyone is different their crypto coin likes, sometimes there are people who only use just 1 coin in each game and do not rule out the stake will add new coins again.

Posted

This is very nice idea and I think mostly people want this type currency on stake. But this time I think not possible for stake to add, but in future maybe stake add this type currency.

Posted

A very very good idea. Other coins especially the BTC and Ethereum are too volatile these days. You don't even know what will be the value of your coin in 24 hours. It is so scary.  I think the best thing is to have a stable coin on Stake. Know the value of your coin and change it for stable coin before you get back to the Casino. But at least, you know that the value of your con has not lost value.

Very very good idea.

Posted

of course I really agree if stake has a stable coin. This is an old discussion, many users already want stable coins here. I hope the stake adds usdt coins to stake here. hopefully

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