Ewallets, Bitcoin or credit card?

A

azgeda

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Hello. I rarely heard someone saying that they deposited through their original visa/master card. For some reason people prefer Bitcoin and ewallets, any specific reason for it or just preference?
 
Andrew Popov

Andrew Popov

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A credit card is easier, but if you know how to store wallet data and don't want questions about taxes, then Bitcoin is your choice!
 
spectralwave

spectralwave

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I use all three actually, I love virtual wallets too.
 
Adi8877

Adi8877

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I quit from the (official) bank system. So even ewallets is out from the options. Anyway, nowadays, it is really visible, that cryptos have future, all the main companies located, or at least have offices where the banks came from. They work on legal issues.
There is no real differences, even for most of the people, it is still not clear. They can track that, too, they provide you CC for cash withdrawal, online shopping etc., too.
I just accepted that fact, it is not going to disappear, it is built in the system already. Just not regulated properly, yet, but you see the news time by time, they are going to that direction. Nothing changed, with the first boom few, not so big new faces turned up in the money world. That's all. Basically, it is already part of the bank system, the money owners had time to take their share.
So why not, I just avoid to transfer or store big amount - big for me - in crypto, in the same place. And I am pretty sure, the transfer fees and especially exchange rates will go downer and downer. Anyway it is easier for me.
 
london177

london177

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In many countries, poker and casino have no legal status(so-called grey markets). It might be preferable to use crypto and wallets for making deposits. In my country, all gambling transactions are blocking by special state services, so we have to use Crypto
 
Syltan

Syltan

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Hello. I rarely heard someone saying that they deposited through their original visa/master card. For some reason people prefer Bitcoin and ewallets, any specific reason for it or just preference?



Due to the existence of the tax service, and the payment of taxes)))
 
deputat777

deputat777

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Dec 15, 2019
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Credit cards can be blocked by tax authorities, skrill is in my opinion the most reliable wallet, I use it, there were no problems.
 
Schokk

Schokk

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Jun 15, 2021
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Hello. I rarely heard someone saying that they deposited through their original visa/master card. For some reason people prefer Bitcoin and ewallets, any specific reason for it or just preference?
I prefer to deposit crypto, but my poker rooms don't allow that. I lose less on the exchange of the currency when transferring the funds to crypto exchange and then make deposits. Also, easy and fast withdrawal, not like with card, we need to wait 6 days max.
 
perrypip

perrypip

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May 30, 2020
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I prefer crypto because nearly everywhere I play it's accepted.
 
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