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Q1:Is it instant transfer?
Blockchain technology ensures that the transfer is considered complete after several subsequent transactions in the system. For Bitcoin and large cryptocurrencies, it actually takes a while, but for less common cryptocurrencies, it can take up to half an hour. However, this is incomparable compared to other transfer methods, as e-wallet transactions typically take a day, while bank account transactions take up to 7 business days.
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Q2:Cryptocurrencies Offer User Anonymity?
Another benefit of using cryptocurrencies is anonymity if we are talking about companies that do not force users to verify. Therefore, casinos have no personal customer data or transfer information, which means nothing can threaten them.
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Q3:Advantages of betting on cryptocurrencies?
In order to analyze why cryptocurrencies are so entrenched in the gambling industry, it is worth considering the advantages of crypto gambling for players who wager on virtual coins. Some of the key benefits include instant transfers - transfer funds to your account in minutes, security and anonymity. We'll take a closer look at each of them below.
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Q4:What is the impact of cryptocurrencies?
Not too long ago, online casinos started accepting cryptocurrencies, a few years after it was created. The first companies started working with cryptocurrency wallets at their own risk, and at first, the work didn’t seem to pay off because customers themselves hadn’t yet started paying in virtual currencies. However, it is now clear that this is the right step towards a new future.
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Q5:What is a block hash?
A block hash is the DNA of a piece of data, and each block hash is unique, random, and unbreakable. Click to view the introduction of Baidu Baike hash value .。
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Q6: What is blockchain?
Blockchain is essentially a shared database in which data or information is stored. It has the characteristics of non-forgery, full traces, traceability, openness and transparency, and collective maintenance.
Click to view the introduction of Baidu Encyclopedia blockchain .。 -
Q7:Centralized wallet? Decentralized wallet? Why can't the centralized
wallet query the transfer?
For example: your own wallet address is A, you transfer 10 USDT to address E, but you use the transaction hash value to query, you can only query a random account book address B (or C or D, etc.) of the service provider etc) transfers with E. In the same way, E cannot know whether the 10 USDTs were transferred by you, because E can only see that the account book address B transferred 10 USDTs to him. This is why centralized wallets cannot query real transfer information on the blockchain.
Click to see the difference between blockchain wallets
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Q8:Why do I keep winning or not winning?
First of all, it is a small probability event(the definition ) that does not win the lottery many times in a row. Secondly, winning and not winning the lottery is a random event, and the frequency of random events will tend to a stable value. In the non-iterative case, the probability of things appearing is equal to everyone, in this case, everyone is fair. At the same time, random events will follow the law of large numbers (under the condition that the experiment is unchanged, repeat the experiment many times, the frequency of random events is similar to its probability definition of the law of large numbers), and in the case of the increasing frequency of transfers, winning or not winning the lottery will tend to a stable value. So please continue to transfer money. As the frequency of transfers increases, the total probability of winning the lottery will increase.
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Q9:Why is the account delayed?
ue to the blockchain technology, in order to ensure the security of funds, multiple calculations, comparisons, and confirmations will be performed. So the calculation speed is slower, but it is more expensive in safety.
Click to view the speed dilemma of the blockchain: "It's about trust, and it's slow enough" -
Q10:Why are there so many types of USDT options when transferring
money? Which one should I choose?
There are many well-known public chains in the world( click to view the introduction of world-renowned public chains )Both support usdt transfer, while Bulls Gamefi is based on wave field trc20 technology that support USDT transfer, and Bulls Gamefi is based on TRON TRC20 technology. Therefore, the transfer address of Bulls Gamefi belongs to USDT-TRC20, and you should choose USDT-TRC20 ; if you choose another type, Bulls Gamefi cannot receive your USDT, which will cause losses to both you and Bulls Gamefi.
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Q11:What should I do when I transfer to the wrong address or select
the wrong type of currency? Can it be recovered?
For example, you should choose the USDT-TRC20 type when you transfer money to us, but if you choose another type of USDT-OMNI or USDT-ERC20, then the coins will be lost, which cannot be recovered. Click to see what if I transfer the wrong currency?