Looking for a sportsbook that accepts payments in bitcoin or cryptocurrencies? Get inspired by our list.
Looking for a sportsbook that accepts payments in bitcoin or cryptocurrencies? Get inspired by our list.
Betting in cryptocurrencies is already quite common today (source: www.eyeonannapolis.net)
Are you a passionate enthusiast of cryptocurrencies and sports betting? Would you like to combine your hobby and find a sportsbook that accepts bitcoin or other digital currency? We have good news for you, many sportsbooks now accept cryptocurrencies and allow their clients to make deposits through them. Some of them even allow you to hold an account directly in cryptocurrency, without converting your deposit into FIAT currency. We have selected several interesting platforms that offer a wide range of cryptocurrencies.
Initially, you always start by creating an account at the bookmaker. While the main methods for transferring FIAT money remain bank transfer, payment cards, or electronic wallets like Skrill, PayPal, or Neteller, with bitcoin and other cryptocurrencies, it’s different. You most commonly use a crypto wallet or exchange for your deposit, depending on the options your bookmaker offers.
Cryptocurrency transfers are fast, secure, and to a certain extent can also be anonymous. There are indeed bookmakers that will not require any personal details from you. Thus, you can set up an account and remain anonymous.
General procedure for depositing cryptocurrency into a betting account:
Although bitcoin and blockchain technology have irreversibly changed the way we think about money, sports betting remains the same. Betting in cryptocurrencies is just as simple as betting in FIAT currency. The significant difference is only in how you deposit funds into your account.
Betting itself in cryptocurrencies is identical to betting in FIAT currency. After loading funds onto your betting account, you choose an opportunity from the betting markets and add it to your ticket. Finally, you enter the amount of your bet and place it.
Of course, it always depends on the particular bookmaker which cryptocurrencies they accept. Generally, the most widespread alternative to FIAT money is bitcoin, which holds a special position in the crypto world because, unlike the uninformed public, the community does not consider it a cryptocurrency. Other most commonly accepted cryptocurrencies include Ethereum, Litecoin, BitcoinCash, Tether, Ripple, DAI, and USD Coin. However, as we have already mentioned, the options may vary from one bookmaker to another.
You can find this information directly on the website of the respective bookmaker, either in the footer of the website (icons of accepted payment methods) or in the section with payment options.
Yes, betting in cryptocurrencies is completely safe. It fundamentally differs from betting in any FIAT currency only in terms of deposit and withdrawal options.
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