Crypto or FIAT

**bitcoincasino** · 19 March 2020, 5:14 am

Just a general question as there are many operators which are mixing Crypto and FIAT in the cashier.
Since affiliates can earn in same link, both BTC and EUR for example, which currency you prefer to withdrawal your earnings?
Keep in mind that in most cases of the Blockchain based operators, the Crypto withdrawal is immediate, so no need to wait till next month etc

So which is your proffered payment methods for affiliate revenues

BTC ?

FIAT ?

Thanks

**Cash Bonus** · 19 March 2020, 5:17 am

Definitely always BTC! Without a doubt. The easiest and quickest way to get paid your monthly affiliate commissions. This is your best option.

**Former Member 14** · 19 March 2020, 7:09 am

Originally Posted by Cash Bonus

Definitely always BTC! Without a doubt. The easiest and quickest way to get paid your monthly affiliate commissions. This is your best option.

Agree it's lightning fast. BUT... if you intend to use it as a fast payment conduit, and exchange to fiat as soon as that BTC payment arrives, then you need to be aware, the price of BTC can drop and rise too. You also need to factor in fees. A crypto wallet will charge a fee, or maybe 2 fees. One to convert from BTC to fiat, the other to withdrawal that fiat.

Also the BTC buy price is, always higher, than the BTC sell price.

Scenario.... Aff program sends you 1,000 dollars of BTC... However, your alseep or something, and by the time you transact that payment to fiat, the price has dropped. Hence, the 1,000 dollars is now 900 or less.

Of course, it could also go the other way, and that 1,000 dollars of BTC, is now 1,100 or more...

Just something to be aware of

**bitcoincasino** · 19 March 2020, 7:18 am

Its not lightning fast mate, especially not with BTC itself
See this - https://www.blockchain.com/btc/unconfirmed-transactions
App 50 min for 3 confirmations

**ddm** · 19 March 2020, 7:40 am

i'll take a 50 min transfer over a 3 day bank transfer any day.
also I am always taking the crypto and swapping it with my high-roller pokerplayer pals for FIAT.

**Former Member 14** · 19 March 2020, 11:53 am

Originally Posted by bitcoincasino

Its not lightning fast mate, especially not with BTC itself
See this - https://www.blockchain.com/btc/unconfirmed-transactions
App 50 min for 3 confirmations

You asked the question, I gave my opinions, based, on MY experiences.
Besides, someone who runs a bitcoin site, I'm surprised you'd need to ask this question in the 1'st place.

**fullbenefit** · 19 March 2020, 11:58 am

BTC for the win. I wish there was a method to issue tangible money backed by BTC.

**LowFlyingBird** · 20 March 2020, 3:25 pm

Anyone have any experience with this service:CoinZoom
https://www.coindesk.com/regulated-e...-card-offering

Maybe we can start an approved list of crypto to fiat sites that work.
Best rates ect.

**universal4** · 20 March 2020, 3:39 pm

We already had a discussion started for a few countries, but I started a thread for other countries here
https://www.dietistaktuellt.com/forum/exchanging-btc-fiat-currency-252143.html

Rick
Universal4

**TheGooner** · 20 March 2020, 6:03 pm

Originally Posted by bitcoincasino

So which is your proffered payment methods for affiliate revenues
BTC ?
FIAT ?

I prefer fiat specifically EUR, GBP or USD - as I like to get paid what I'm owed.

Accepting BTC payments seems to mean getting paid at random hours, then needing to send it to an exchange and paying fees to get it converted to fiat. This means it's between 2-24 hours that you hold BTC - and values can change.

Usually (but not always) you can take a bit of time an actually get an advantageous BTC conversion, so it's not too much of a hassle.

But sometime (like this month) I requested a payout - and it got paid out 2 days later at around 11pm my time at a rate of 7300-7400 USD / BTC. By the time I woke up the rate was down below 6000 USD/BTC so I'm stuck in a holding pattern waiting for this rate to get back to the original rate or better.

So while getting paid in BTC/ Crypto is OK - it's always more work and has risk attached.
I prefer a hard fiat currency where I can get it for business transactions

**Sherlock** · 21 March 2020, 9:11 am

Originally Posted by ddm

i'll take a 50 min transfer over a 3 day bank transfer any day.
also I am always taking the crypto and swapping it with my high-roller pokerplayer pals for FIAT.

btc has always the same time of processing, 1 conf in approx 10 mins
it has nothing to do with mempool if you use the correct fee (from 1 cent to 1 usd approx)

btc is the way to go if you want to save some money, because some crazy inflation is coming

**bitcoincasino** · 22 March 2020, 7:08 am

Originally Posted by TheGooner

So while getting paid in BTC/ Crypto is OK - it's always more work and has risk attached.

True, not only because its crypto, but also because its new and demand a change in mind for most of the affiliates.
BTW - if you can out BTC and it worth 8000, but until you get it and exchange it its already 10000 worth, this is something you can control. There are softwares and platforms ( and i gave price increase by purpose ) that allows you to keep the value of the tokens.

In few years no one will care about the BTC price in USD, but only the BTC itself as value to buy with

**diachibet** · 10 April 2020, 9:53 pm

Fiat money is skyrocketing in inflation, but BTC is not. If selected, I would choose BTC.

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