Five cryptocurrencies that you can use for sports betting

sportsIf you are a fan of online betting, you probably know that some of the biggest gambling operators in the world have spectacular payment sections. Usually, these websites pay a lot of attention to their deposit and withdrawal options so that customers can make fast, secure, and feeless transactions. That’s why you will probably find numerous payment solutions, such as different e-wallets, bank transfers, credit/debit cards, and even cryptocurrencies. 

Even though digital currencies are not as common as the other alternatives, most bookies finally realized that these things would become more popular in the future. Consequently, some of the top gambling brands decided to update their payment sections by adding several cryptocurrencies. Let’s take a look at five of the most popular ones.

  • Binance Coin 

We didn’t want to include Bitcoin on this list because this is the most popular digital currency in the world, which means that you will find it on most crypto sportsbooks, even those that are not famous for being “crypto-friendly”.

Binance Coin is currently one of the most popular digital currencies globally, especially since its price started to go up. As a result, many online bookies and casinos decided that it’s time to implement it into their payment section.

  • Cardano

The next cryptocurrency that you may be able to use in some online bookies is called Cardano. This is a blockchain platform that gained a lot of popularity, especially in 2020. Currently, Cardano is one of the go-to options for people who see cryptocurrencies as a form of investment.

  • Ethereum

Ethereum is perhaps the second-most popular cryptocurrency in the world, after Bitcoin. As a result, many people from all over the world use it on a daily basis, which is why it found its way into the payment sections of many online sportsbooks.

What’s interesting about Ethereum is that you may have the chance to try out a special bonus that will be available if you use this digital currency. Make sure you visit your preferred online bookie’s promo section before you start betting.

The next interesting digital currency that you may be able to use is called Filecoin. This is also an open-source currency whose purpose is to make online payments as fast and easy as possible. 

What’s interesting about it is that it is built on top of the InterPlanetary File System. Make sure you read more information about this payment option if you don’t know much about it because we may have to use it a lot more often in the future.

  • Uniswap

Up next, we have another intriguing payment alternative that you may find on some gambling websites, and that’s Uniswap. Usually, this payment option can be found on some online casinos, but several bookmakers decided to allow their clients to make deposits with it.

Final Thoughts

Don’t forget that you have to read more information about the payment process before you start betting. You need to check whether there is any processing time, how much money you need to deposit, and more.

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