HemForumKlagomålsdiskussionWhy huge differences in minimum crypto deposits?

Why huge differences in minimum crypto deposits?

1 år sedan av fletchdawg
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2 108 visningar 4 svar |
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1 år sedan

I’m educating myself on crypto transfers and fees associated with these transactions, and why certain casinos are getting away with keeping deposits because they are blaming fees for the deposit never arriving, which I’m finding appears to be complete rubbish!

Here’s what I’m talking about; most legitimate casinos that I’ve been using past few years state that deposits under .001 to .01 BTC would be too small an amount to cover fees of transferring to their casinos, which makes sense because that is a very small amount of currency.

However, MBit Casino (yes, this is my casino complaint) says a minimum of .14 BTc is required for a deposit.

Now I do understand casinos can set policy for whatever amount they want to have their minimum, which is fine, if it’s just their policy, however, MBit is using the excuse of mining fees, and other associated costs with transferring the crypto.


I have been researching this topic since I deposited nearly .135 in Litecoin (about $12 USD) and MBit claimed it was never received because of ‘mining fees’ which I’m 99.9 percent certain is a lie and allows them to pocket many player’s deposits, especially because so many other casinos have DRAMATICALLY LOWER minimums.

so anyone who is knowledgeable on this please respond, because by all accounts MBit appears to be very crooked.

fletchdawg
1 år sedan

11 USD equivalent on litecoin lost on "mining fees" is literally impossible because LTC is a near-zero transaction cost crypto, similar to XRP and TRX, and once you withdraw from your address to the casino you are the one paying the fee!!! Unless the payment provider for the casino charges the same fee to credit your balance, but still, for LTC that is just a couple of cents, not the entire transaction!!!

Currently BTC is impossible to use because there is a congestion in its native network and fees skyrocketed, but that's not the case with litecoin. It is well known deposits below the minimum accepted by the casino never get credited to the accounts, this minimum amount tend to be 10 or 20 USD, but using mining fees as a excuse to wipe out a litecoin transaction is ridiculous, as I said: it is literally impossible for a litecoin transaction to cost that much

1 år sedan

I’m finding their excuses to not post deposits to players accounts are lies,‘especially LTC’

here’s what the MBit customer service said ..laughable!file

fletchdawg
1 år sedan

That's an insult, no one is fool enough to believe a litecoin transaction fee is that high. Post that directly on their thread: https://casino.guru/mBitCasino-review#tab=js-tab-discussion

1 år sedan

I will definitely post on the MBit thread, because it is such a ridiculous notion….I’m imagining their customer service are clueless about a lot regarding crypto and likely reading from a script….


Man,’those mining fees….haha


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