Is Crypto Safe and Secure?
Cryptocurrency is digital cash that is secured by the 256-bit SHA hash functions which is the system used by banks, Virtual Private Networks, and the military.
The SHA function utilizes a unique fingerprint to process each transaction for sports betting with Bitcoin. Reconstructing this function can be difficult.
How to Buy Crypto for Crypto Betting Sites
Let’s look at the steps involved in buying cryptocurrency for a crypto betting site.
Select a Broker or Crypto Exchange
First and foremost, you must select a broker or crypto exchange to get started with online betting crypto sites. On the crypto exchange, you can buy and sell cryptocurrency with comparatively low fees.
Create Crypto Wallet
Then, create a crypto wallet with your chosen platform and undergo the verification process. You may have to submit a copy of your passport, driver’s license, or selfie.
Buy Crypto using Exchanges
Once the account verification is done, deposit funds into your crypto wallet. To engage in Ethereum online sports betting, place your cryptocurrency order on the platform.
Guide to Sports Betting for Crypto
This section will guide you on how you can get started with sports betting sites by using cryptocurrency as your payment method.
Choose a Crypto Betting Site from our List
Provided that you have created a crypt wallet on the right platform, now pick the best Bitcoin betting site from our list.
Go Through the Registration
Register with the Ethereum sports betting site by providing your full name, email address, password, phone number, residential address, date of birth, and postal code.
Deposit and Bet
Fund your Ethereum betting account with deposits. Make sure you meet the minimum deposit requirements.
Crypto Limits, Fees, and Withdrawal Time
The deposit and withdrawal limit on cryptocurrency vary from sportsbook to sportsbook. For this reason, we have presented the average statistics of the limits.
| Average Statistics |
| Crypto Deposit Limit | $20 to $25,000 |
| Crypto Withdrawal Limit | $10 to unlimited |
| Processing Fee | None |
| Withdrawal Time | Instant |
Top 3 Bookmakers for Crypto Betting
Here are the top 3 bookmakers that let you bet on sports with cryptocurrency, like Bitcoin, Ethereum, and Dogecoin.
1xBet
1xBet is one of the best Ethereum betting sites with a good reputation, great customer service, lots of betting odds, and a large crypto variety for deposits and withdrawals.
Bet365
Bet365 has also made a name for itself as one of the best Bitcoin sports betting sites with fast payouts, great promotions, large betting markets, and an easy registration process.
Melbet
Next on our list of an Ethereum based sports betting site is Melbet. Sports betting promotions are very inventive, good user interface, decent customer service, and a wide range of betting markets.
How to Deposit with Crypto
Now let’s look at how you can deposit funds to your sports betting account using cryptocurrency.
- Make sure that the sportsbook accepts crypto payments.
- Register or log in to the betting platform.
- Navigate to the Cashier and then to the Deposit option.
- Choose Cryptocurrency from the list of deposit payments.
- Enter your credentials and the deposit amount.
- Confirm to process the transaction.
