What makes some poker sites to accept only crypto withdrawal?

Welcome to Poker Community!

Looking for a place to discuss poker, improve your game, and connect with other players? Poker Community is a growing poker forum built by poker players, for poker players.

Whether you are new to poker or a seasoned grinder, our poker forum is the place to share strategies, discuss hands, follow the latest poker news, and connect with a passionate community of players.

Join a Community Built Around Poker

At Poker Community, you can:

  • ♠️ Discuss poker strategy and improve your game
  • 🃏 Share hand histories and get feedback from other players
  • 📰 Follow poker news, updates, and industry discussions
  • 💻 Talk about poker websites, software, and online poker tools
  • 💬 Join conversations with poker players from around the world

From tournament poker and cash games to poker psychology, bankroll management, and the future of online poker, our poker forum is your home for everything poker.

Ready to Join?

Create your free account today and become part of the Poker Community. Registration is quick, easy, and gives you access to join discussions, create posts, and connect with other poker players.

Create Free Account   Login

Welcome to Poker Community, your home for poker discussions, strategy, and the poker community.

  • PCF July Finals ($100 Freeroll)Sunday, August 16 at 8:00 PM EST
    Shark Tank July & June Finals ($100 Freebuys)July Finals: TBA     June Finals: Friday, August 7 at 9:00 PM EST
    » Qualified Players

Henry

Well-known member
PCFer
Joined
Mar 18, 2024
Messages
441
Reaction score
48
I know that some poker sites have made it a point that the only way they can pay anyone is via cryptocurrency. While I understand that this payment method is fast becoming one of the preferred options for some poker players, do you think it is a valid reason for poker sites to make it the only way that poker players should be paid via their platform?
 
It is stress free and don't require lots of verification. This could be the reason most of the poker companies rely on using it as a means of making their payments to customers. There could be other ways, but this is the one that I know right now.
 
Cryptocurrency payment method tends to be quite straightforward way of making and depositing payments. It is also useful method when it comes to withdrawal and this is one of the main reasons why many poker sites accept it as a payment method.
 
Some poker sites going crypto-only makes sense if you think about it critically. Banks are quick at rejecting gambling transactions. Crypto doesn't ask any questions, it's a straightforward process.
 

Users who are viewing this thread

Latest profile posts

I willing miss the hg tonight. Something came up. See ya'll tomorrow or for The Grundel if I'm back in time.
Less than 100 posts away from 20k! 🎉 I’ll be doing a giveaway for one of our home games on StockPoker when we hit 20,000 posts. We’re also at 3,502 threads! Thanks everyone for helping the community continue to grow!
New owner of playpoker.community and playpokernetwork.com. I will set up temporary pages later today while the software is still being built and tested.

Members online

Back
Top