We all remember the publicity that spread Bitcoin Hit 100K. Everyone was running to buy as much crypto as they could, colliding in further prices. But who really won bitcoin “Gold” Rush? Well, we would argue that it was Crypto-based online casinohere’s why.

Why Casino is ready for crypto

Very low digital assets can appreciate the value, only one bitcoin of which. But bitcoin is not the only successful cryptocurrency. A very powerful and often favorite player is atherium, who is often used to deploy decentralized applications. So, it’s not surprising Online casino Are eager to accept anyone ready to deposit and bet. But what happens when you deposit a crypto but want to withdraw the other?

Cross-Mudra Wagging: Basics

We say you plan to deposit Ethereum And withdrawing Solana, both look very future and fancy. Those who come into the mechanics game are anything, but of the future. They are very standard currency conversion protocols, which, in this case, use real-time property conversion, on or off-chain accounting, and exchange services. We will not bore you with them. Your time would be better to learn about the primary two types of crypto platforms:

• Crypto-First Casino- Almost our trademark Crypto Casino ReviewCrypto-first casino is completely based on cryptocurrency. Each token can have its own wallet, in which asset transfer is coming with some conversion mechanisms.
• Hybrid Casino – These are old guards of online gaming platforms. They combine traditional currencies with crypto. The latter is immediately converted into internal fiat balance or pegs (virtually connected) tokens. The withdrawal is a potential crypto-to-crypto swap.

Behind curtain

You should know what happens to your accumulated atherium and how it eventually turns into Solana. The entire process, of course, works in the same way for other combinations of cryptocurrency.

Everything begins with the internal account book of your casino, which simply records all ETH deposits. These records are then adjusted, in which the victory is programaticly added to the list.

If you request payment in SOL, the casino should first request to convert your eth using an exchange or liquidity pool. The latter can be provided by a centralized exchange (CEX), such as benns, or a decentralized a (DEX).

Using an exchange, its option is Casino which is only internal using its own reserve. Additionally, a casino can use a bridge protocol, but it adds time, complexity and risk, especially during crowded hours.

The final stage is transferring your favorite crypto, with the natural need to accept your obtained crypto wallet your transferred cryptocurrency. As usual, this part of the process is largely on you.

Switching currencies price

Another aspect of crypto transfer that often falls on you, to solve gas fees. The cross-mudra process that we have described is two-tier. First, you have a gas fee of the ethrium, and then you have the network fee of Solana.

What is more, you can withstand a conversion from casino or its backnd service. This can turn off 0.5 to 2% of your balance. Additionally, hybrid can be charged for converting between casino currencies.

A real world example

All these warnings are great, but what do they mean in practice? Okay, we say you bet 1 ETH and it is worth about $ 3,500. Now we say that you manage to double your money in a cool crash game, such as we have reviews, and you have 2 ETHs. You decide to withdraw in Solana (Sol), so you are a hit:

• Gas fee for return $ 15
• 1.5% spread in conversion, so $ 150
• A bridge fee to convert ETH into a soul, so $ 5

You are finally losing $ 125! However, this is just a generalized calculation. You should review the cross-crypto gaming based on a case-by-case, which keeps in mind the implications at the bottom.

Practical tips

Now that you understand how much is at stake, it is time to see how you can safely navigate the world of Cross-Crypto:

• Check the fee revelations – Always take a look at the conditions and related fees of the casino withdrawal.
• Use native coins – Try to stick to the same token to reduce the fees.
• In-app swap- Keep an eye on the Crypto-first casino that integrate conversions through smart routing and on-chain aggregators.
• Withdraw big money – Batching clearance can only be a good strategy to pay gas fee when absolutely necessary.
• Monitor the situation of the network – Gas fees are not always the same, so keeping an eye on the bridges for the crowd can help you avoid high fees.

Most important tip

Even if you deal with the question of crypto conversions in your next gaming session, remember that the goal is to have fun. Do not abandon your fun for customized clearance. Enjoy the moment and prioritize your convenience. You will not regret it at the end of the day.