This comprehensive guide will help you learn about the world of cryptocurrency betting. It’s a brand-new industry growing rapidly and changing in recent years.
We’ve put together everything you need to know about betting on crypto sites, including how to get started and what you should watch out for. Learn more through our smart betting guide.
Let’s get started with our guide!
What To Look For In A Crypto Betting Site
If you want to get started with cryptocurrency betting, there are a few things you need to look for.
You’ll want to choose a site that has some following features:
Good Customer Support
It’s important to have good support if you’re using a cryptocurrency for betting. This can help with any issues and make sure your experience is as smooth as possible.
The support team should be quick, friendly, and helpful — they should try their best to resolve any issues you may have.
It’s also important that they’re available 24/7, so if there is an issue during the night or on weekends, they’re there to help you out.
Simple Deposit Process
A simple deposit process is one of the most important things to look for in a crypto betting site.
Some sites might have complicated deposit processes that involve sending a transaction to a public address or using a third-party platform.
But, if you’re new to crypto betting, this can be confusing and time-consuming. You want to be able to make deposits as quickly as possible so that you can get started playing.
Good Odds and Bonuses
One of the most important things to look for in a crypto betting site is good odds. You want to find a site that offers good odds on every match and has various sports and leagues.
The best sites will offer odds on all major sports. This includes football (soccer), basketball, baseball, hockey, and more.
Also, it covers other events like tennis tournaments and boxing matches. Some even offer eSports betting, which gives you access to popular games like League of Legends or Overwatch.
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Additionally, some sites will also offer free bets on new customers who sign up through the site’s website or app, giving you an extra boost when you start using the platform.
It’s important to note that not all platforms have these promotions available, though.
A Secure Platform
The most important thing to look for in a crypto betting site is security. Make sure that your funds are safe and that you can trust the website to keep your money secure.
Look for a site with a good reputation and many positive reviews from customers.
Any reputable crypto betting site should have a good SSL certificate. This ensures encryption of data and safety while it travels across the internet.
You should also make sure that the site uses two-factor authentication (2FA) to be sure that no one else can access your account.
Best Crypto Betting Sites
Cryptocurrencies are now a big part of the gambling industry, as you can use them to place bets and make payments.
Although not all sites accept cryptocurrencies, there are still some that do, which means you can bet on sports with your favorite cryptocurrency.
Here are some of the best crypto betting sites:
Binance Bet
This is one of the most popular crypto betting sites because it accepts Bitcoin and Ethereum as payment methods.
The site offers a wide range of sports bets, including football, basketball, tennis, and cricket. You can also make live bets on various matches while they are happening.
Binance Bet has an intuitive interface that makes it easy to use even if you’re new to this kind of betting platform.
Nitrogen Sports
This is one of the best cryptocurrency betting sites in existence. The site has been around for a while.
It has proved itself to be a reliable and safe place to gamble. Additionally, it offers various games, sports, and markets that you can bet on, including traditional sports such as football, basketball, baseball, and more.
Nitrogen Sports offers an incredible amount of options for cryptocurrency betting.
The most popular cryptocurrencies are accepted here, including Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), and Bitcoin Cash (BCH).
1Xbit.com
This cryptocurrency-only sportsbook offers a wide variety of bet types, including pre-match and in-play options.
You can bet on the outcome of any sporting event in the world and the individual players involved.
There are also many additional markets to wager on, including political events, financial markets, and even some novelty bets.
Best Crypto Coins To Use
The cryptocurrency market is growing at an incredible rate. Here is a list of popular crypto coins to use:
Bitcoin
This is the most popular cryptocurrency globally and has been around since 2009. It is the first decentralized digital currency and has had a huge impact on the world of finance.
The best thing about Bitcoin is that it allows users to engage in betting without any costs or charges.
This means that you can enjoy your favorite games without worrying about paying any fees or taxes.
Ethereum
This is another popular cryptocurrency that works well for crypto betting sites.
One of the reasons people love Ethereum is that it provides an easy way for developers to create new applications on top of its platform.
This means there will always be new games coming out that you can use in your bets.
Litecoin
This is another great choice because it’s fast and secure — two qualities that make it perfect for online betting sites where users expect fast transactions without any security issues.
The idea behind Litecoin is similar to Bitcoin: it’s a digital currency that uses cryptography for security purposes and makes sending money between users very easy.
Bitcoin Cash
This is a hard fork of Bitcoin created by the developers of Bitmain Technologies.
This cryptocurrency is considered one of the most popular digital assets globally, and it’s used as a payment method for many types of transactions.
When you use this cryptocurrency for betting purposes, you can benefit from lower transaction fees and faster processing times than other coins like Ethereum or Litecoin.
