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Betting Sites that Use Cryptocurrency

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Crypto Sports Betting Sites

When talking about crypto, the first currency that comes to mind is Bitcoin. A sport betting has accepted crypto as the next big thing, and it is used in most online betting sites.

Crypto payments have made it easier for sites to receive an instant deposit of crypto into wallets. Most sites that use crypto payments accept Bitcoin as well as altcoins.


Difference between Altcoins and BTC

In the crypto world, altcoins are cryptocurrencies that are different from Bitcoin. An excellent example of an altcoin is BNB, the Binance cryptocurrency.

Altcoins distinguish themselves from Bitcoin by fixing errors or adding additional features to the existing features on bitcoin. Some of the upgrades are:

  • * Smart contracts
  • * Low-price volatility
  • * Different methods of validating transactions


The Top 10 Betting Sites that Accept Crypto Payments

  • Stake

Stake is a popular option for the Bitcoin payment method, and most of its online reviews are good. Complaints are quickly handled, which is very promising.

They also have a public chat forum where punters meet to discuss odds or make their bets public for people willing to copy them. Stake’s registration process is also straightforward. Their crypto sportsbook rating is 9.3/10.

The cryptocurrencies accepted for a deposit on Stake are BTC, ETH, and LTC.

  • SportsBet

This is also a significant betting platform that accepts cryptocurrency as a payment method. SportsBet is a legal website with an excellent reputation. They are known for solving customer complaints instantly.

Their registration process is also straightforward, and betting with them does not involve a lot of stress. Their Bitcoin sportsbook rating is 9.0/10. Some of the cryptocurrencies accepted by SportsBet are; BTC, USDT, ETH, and LTC.

  • Cloudbet

Cloudbet is a betting platform that has almost every international sport available to punters. Their odds are also excellent, and most punters love using Cloudbet because of their offers and odds.

Their customer support is also commendable. They currently have 35 sports available for betting on their site. They have a Bitcoin sportsbook rating of 8.9/10. The cryptocurrencies accepted by Cloudbet are BTC, ETH, and BCH.

  • BetOnline

BetOnline is very popular among punters who like using cryptocurrencies to deposit on betting sites. It accepts a lot of cryptos, and its customer support is also commendable.

They have special bonuses for people who bet using bitcoin. They have a bitcoin sportsbook rating of 8.7/10. Some of the cryptocurrencies accepted by BetOnline are; BCH, XRP, ETH, LTC.

  • 1xBit

1xBit accepts about 26 cryptocurrency payments, and one of the significant perks this betting site has is its easy registration. You can also switch cryptocurrency accounts on 1xBit. They have a Bitcoin sportsbook rating of 8.5/10.

Credible cryptocurrency websites, including CoinMarketCap, also promote them. Some of the cryptocurrencies accepted by 1xBit are BTC and LTC.

  • Betflip

Betflip is a new betting website that has been providing good odds to punters. It has become a competition for other betting sites. They have the most international sports available to punters. People willing to bet on Top Premier League Clubs also use this website a lot.

They have a sportsbook rating of 8.5/10. Some of the cryptocurrencies available on the website are; BTC, ETH, and DOGE.

  • Thunderpick

Thunderpick also allows users to deposit using cryptocurrency. They are also quite reputable for their fast withdrawals. They have a sportsbook rating of 8.2/10.

  • BetUS

This website is also among the top-rated websites that accept cryptocurrency payments. BetUS payouts are also swift and with little or no transaction fees. They accept BTC, Bitcoin Cash, Litecoin, Ethereum.

  • MyBookie

MyBookie has odds higher than the average betting website. The site also offers welcome bonuses as high as $1000. Some of the cryptocurrencies available are; Bitcoin Cash, Litecoin, Ethereum, Ripple.

  • Bovada

Bovada is one of the safest bitcoin betting apps with fast payouts. As a betting website, there are no fees for cryptocurrency transactions. The site accepts cryptocurrencies such as BTC, Bitcoin Cash, Litecoin, Ethereum, Ripple.


Benefits of Using Bitcoin Betting Sites

  • Financial Privacy

Most bitcoin betting sites help you keep transactions private, offering total anonymity. You have the freedom to do whatever you want without being discovered by anybody.

  • Low Transaction Fees

Bitcoin transaction fees also remain the same no matter the amount being transferred. Unlike traditional banks, you can save as high as 90% of average fees paid using conventional means of payment.

  • Play Games Even from Restricted Countries

Traditional payment methods can get you blocked from betting sites. Some betting sites restrict specific locations from placing bets from their sites.

Traditional payment methods quickly reveal your area for these sites and prevent you from playing games on these sites. Bitcoin solves this problem and keeps you anonymous no matter your location.

  • Bigger and Better Bonuses

Bitcoin betting sites offer better bonuses because they have effectively reduced the amount being spent on transaction fees by using cryptocurrency. Instead, they redistribute the money saved from this process by providing bigger bonuses to punters.

Method for Betting Using Bitcoin websites

You can start by creating a bitcoin wallet and buying cryptocurrency from trusted websites or using the peer two peer method of buying cryptocurrency.

Open an account with an online betting site that accepts cryptocurrency

Make a crypto deposit to the account created on the betting platform and enjoy. Mightytips is the website to head to if you needs to learn more about bitcoin betting sites.

Conclusion

Cryptocurrency has been making a lot of news in technology nowadays, and there is the need to add it to most technological advancements nowadays. It is accepted as a means of payment for food deliveries, transport, and many other things.

The betting industry can’t remain stagnant with all these advancements, which brought up the necessity for the adoption of cryptocurrency in sports betting.

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