Crypto Currency Best Practices for Online Gambling
It is usually best to spend your day to day transfers from your own private wallet. There are many reasons why you should do this. Some exchanges will close your account if they suspect that you are using their exchange to make payments to online gaming operators. Some exchanges can take up to 48 hours to make a transfer, if they are backlogged. You also don't have the option to increase or decrease your transfer fee at many of the exchanges. Some gaming operators want to have a receive address when you make a crypto currency deposit, they do this so that they can issue a refund if needed, this can cause issues, because many exchanges will not keep track of multiple transfers to the same crypto address. The only exception to using a private wallet, is if you are using a shitty alt coin to make a purchase. I would not trust the wallets for some of the lesser known altcoins on my computer nor in an online wallet. There is no reason not to use a top 25 crypto coin to spend at an online casino/poker room, unless you are using a small exchange that deals with small alt coins.
We recommend using Litecoin or Ethereum whenever possible and Bitcoin at bitcoin only operations, remember you are spending not holding your crypto, so why not save money and time on your transfer. In the online gambling world Dash, Monero, Dogecoin and Zcash are also good alternative currencies with a reasonable selection operators.
When it comes to crypto casinos and poker rooms, we believe in lowering our selections and not our standards, something that couldn't have been done even just a short while ago. In fact, you should increase your standards if you are going to be using crypto as a form as payment.
There is no cancelling a deposit or issuing a charge back with crypto. Make sure that you are using your crypto at a reputable operator. You should also be diligent on how you conduct your transactions. Always copy and paste the addresses, always recheck the amount being sent. When you are ready, it is a good idea to re-check all the transaction information. There are small typos in crypto but there are no small mistakes. Once sent and confirmed, there is little you can do to fix a transaction. It would be extremely hard, if not impossible to find out where your funds were sent.