Nitrogen Sports limit free withdrawals to 1 per week

Discussion in 'Bitcoin Sports Betting' started by Humble Servant, Dec 21, 2017.

  1. Humble Servant

    Humble Servant Active Member Staff Member

    Until recently, Nitrogen Sports punters and poker players enjoyed unlimited free withdrawals to their bitcoin wallets. However, since increased congestion on the bitcoin network has caused transaction fees to rise from about 20 cents to $2 dollars over the past year, they have now limited free withdrawals to 1 per week. Here are the mains points of their new withdrawal policy....
    • Players will still be entitled to make as many withdrawals as they like, however, they will have to pay the network fee themselves if they make more than 1 withdrawal every 7 days.
    • If you make more than 1 withdrawal per week, you will be charged a 0.001 BTC fee to cover the cost of the transaction.
    • To qualify for the 1 free weekly withdrawal, you must have at least 0.005 BTC in your account.
    Read more about Nitrogen Sports here
  2. Jake21

    Jake21 Member

    Thanks for the update. I think 1 withdrawal per month should be more than adequate for the average gambler so I think this is fair.
  3. Smug Satoshi

    Smug Satoshi Member

    hopefully when the lightning network is released high fee transactions will be a thing of the past and we will be able to make free and unlimited transactions with bookmakers. until then i can live with 1 free withdrawal per month.
  4. Humble Servant

    Humble Servant Active Member Staff Member

    I think Lightning Network will come faster than most people expect. People are already paying for real services online with the LN. We are just waiting for the wallet and implementation testers to finish their bug testing and to release the first beta client. However, if you are technically proficient then you can actually make LN payment today....

  5. Lance

    Lance Member

    are there any lightning network clients for iphone yet? even ones that send test transactions. i'd love to give it a try.
  6. Humble Servant

    Humble Servant Active Member Staff Member

    Unfortunately not yet. The only Lightning Network app currency available is for Android only...

  7. 4TheWin

    4TheWin Member

    i don't understand why they are charging. aren't bovada, 5dimes and betonline all offering free withdrawals? a crypto-only betting site should be offering free withdrawals in my opinion.

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