Industry

Is Dash (DASH) the best gambling asset? Could be…

As we knew, Bitcoin [cryptocurrency_widget type=”inline” symbol=”BTC~USD” template=”basic” color=”default” flash=”1″] is known as an anonymous payment; however recent studies have said that Bitcoin is not as anonymous as we thought. A transaction can be tracked and the government has been working on it. On another hand, transactions fees aren’t cheap and depending on the demand a payment confirmation could take minutes or hours.

Years ago, sports betting sites started to pay their players with Bitcoin and it was a good strategy considering that Bitcoin payouts don’t need any bank validation and players could exchange the coin in sites such as Binance.com.

But…US government is starting to find the way to tax Bitcoin payments. Transactions from BTC to fiat money are in the Eye of the Hurricane, so Bitcoin choice as gambling payouts still good but not the best.

Today we have Dash [cryptocurrency_widget type=”inline” symbol=”DASH~USD” template=”basic” color=”default” flash=”1″] which is the first real anonymous asset. Dash is easy to send/receive, has cheap fees and transactions rarely take more than 2, 5 minutes. Dash has a relatively stable price, much more than Bitcoin which is very important. Bitcoin has too much fluctuation during the day and you can lose money just because of the exchange.

Is true, today Bitcoin is the most important asset from all cryptocurrencies, but Altcoins as Dash & Monero are moving forward gambling markets as a quick and cheap way to withdraw your bets.

As we reported on April 30, Sports Betting AG that is rated as (A) in our best betting sites page started to accept DASH as deposit and withdraw option with the following maximums.

  • Maximum deposit: $25,000
  • Maximum payout: $10,000

Quick transaction, low fees, and real anonymous payments could make DASH beat Bitcoin a least in the gambling industry.

Dash wallets: https://www.dash.org/wallets/

Dash Debit Cards:  https://docs.dash.org/en/latest/earning-spending.html#debit-cards

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