Cryptocurrency is gaining fame and is becoming a part of everyone’s daily life. It can be used for grocery shopping, wardrobe shopping, and other expenses like paying bills. The online betting platforms do not fall under the Public Gambling Act of 1867. This allows bettors to bet on their favorite games while gaining little extra cash on hand. Bitcoin the crypto giant has earned great fame as a means for betting in recent years.
The sudden growth led to professionals gathering statistics and complementing the revolutionary new way of placing bets online. Are you curious how you can do that? Do you want to know about the amazing cryptocurrency betting sites? We bring you the answer with details on the best websites.
Let us have a look at the steps for crypto betting before other things. You will also find the pros and cons of betting websites in this article. The crypto betting market has become competitive with bookmakers offering great bonuses to their users. We say now is the best time to gain the maximum profit out of online betting platforms.
Professional bettors have been using the traditional ways for a long time. The world of online booking platforms is being revolutionized by cryptocurrency. But how can cryptocurrency be used in betting? What are the steps? Let’s have a look at the simple four steps that can be used on any of the cryptocurrency betting sites. These are simplified for beginners as well as professionals. Also, find the advantages of using bitcoin or other cryptocurrencies for online betting.
- Make a user profile on legit betting sites that accept cryptocurrency.
- Find cryptocurrencies that are game-friendly. One globally accepted cryptocurrency is Bitcoin.
- Buy your cryptocurrency and add it to your sportsbook for later use. Some platforms offer you the chance to buy bitcoin on the website itself.
- Enjoy your betting sessions with the added cryptocurrency.
Advantages of Cryptocurrency Over Traditional Currency
In today’s digital age, digital currency is making its way into people’s pockets. And the betting world has also gone digital. An online betting site that offers cryptocurrency has many advantages that are shared below.
Financial Privacy – You enjoy full financial privacy when using cryptocurrency like Bitcoin to place your bets. The privacy is from banks, credit rating agencies, family members, and others. The cryptocurrency is also money earned and owned by you. When you have financial privacy you also get financial freedom for unrestricted use.
Low Fees – Secondly, the betting websites charge low fees for cryptocurrency as the betting medium. Thus with financial privacy, you also get low fees.
Play from Anywhere – One of the main advantages to worldwide bettors. As many nations around the world have strict gambling and betting laws. Online cryptocurrency betting sites allow you to play freely from anywhere.
Crickex – It is one of the best options for online cryptocurrency betting sites. It has a clean user interface with many gaming options to choose from. The pros of stake include a perfect reputation, easy registration, and crypto betting. Crickex users also get bonus perks, instant withdrawals, great customer support, and more. But there is no welcome bonus for new users.
Accepted currencies – USDT, INR, and BDT
Sportsbet – One of the best gaming platforms. It is one of the perfectly legal cryptocurrency betting sites. Sportsbet is a huge sponsor for many sports events and also offers great bonuses. It has an excellent reputation for a neat design, efficient support, and accepting traditional money.
Accepted Currencies – BTC, USDT, ETH, LTC, XRP, TRX, ADA, SOC, EUR, USD, CAD, INR, and BRL.
BetCoin – It is one of the oldest crypto accepting betting sites. It offers solid bonuses and is available almost in every part of the world. The restricted nations are the UK, Australia, France, and some others.
Accepted Currencies – BTC, BCH, XRP, ETH, LTC, and many more.
Cloudbet – It started in 2013 and has become a top contender in a short time. There are many reasons for this like the best odds, large range of sports, and configurable currency. It offers a 100% welcome bonus( only upto 5BTC). Cloudbet doesn’t accept fiat and cryptocurrencies from the USA, the UK, Hong Kong, and Singapore.
Accepted Currencies – BTC, ETH, BCH, USDT, USDC, PAX, DAI, PAXG, and LINK
These are the top four cryptocurrency betting sites that every bettor should try. Have you tried any one(or more) of them before? Share your experience below for other users.