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Crypto Betting Sites in Bangladesh

Are you one of those punters who are wondering if they should use crypto to wager on sports betting sites? We have discussed all you need to know about crypto betting here. Let us explain to you how this wonderful payment method works on sportsbooks!

Last update at 16 January

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Pros and Cons of Crypto

Pluses
  • No transaction fee
  • Strong encryption keeps it secure
  • Accepted in most online betting sites
  • Keeps your identity anonymous
Minuses
  • May get hacked easily

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 FeeNone
Withdrawal TimeInstant

 

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.

  1. Make sure that the sportsbook accepts crypto payments.
  2. Register or log in to the betting platform.
  3. Navigate to the Cashier and then to the Deposit option.
  4. Choose Cryptocurrency from the list of deposit payments.
  5. Enter your credentials and the deposit amount.
  6. Confirm to process the transaction.

Crypto Bonuses

Several bonuses are offered on betting coin crypto websites. Let’s find out what they are in this section.

  • Welcome Bonus

    New users of the best crypto betting sites can claim the welcome bonus offered. You must be of legal age and deposit a minimum amount to claim the bonus.

  • Risk-Free Bet

    Another bet that is often offered on Ethereum sports betting sites is the risk-free bet. You can bet on any sports you like without deposits or according to given conditions.

  • Weekly or Monthly Bonus

    Lastly, weekly or monthly bonuses are also distributed to punters who frequently log in to the online sportsbooks. These bonuses can come in the form of cash prizes, discounts, or free bets.

Popular Sports to Bet on with Crypto

Certain sports rank high on free Bitcoin betting sites. This section is dedicated to the top 3 sports for crypto bookies!

  • Football

    It doesn’t seem like football’s popularity will fall short anytime soon because it has been the favourite sport of all punters for ages!

  • Basketball

    Basketball is also a mass favourite on crypto sportsbooks. Since there is no processing fee for crypto transactions, betting is easy for Bangladeshi punters.

  • Cricket

    Finally, the sport that all Bangladeshi punters love to bet on is cricket. Just browse through live betting or pre-match betting options to bet on your favourite team!

 

Alternative Payment Methods

Even if you don’t want to use crypto to bet on sportsbooks, you can still use other payment methods as alternatives.

Skrill

Skrill is an internationally acclaimed electronic wallet that is acceptable in Bangladesh. You can make deposits and withdrawals at a low cost with Skrill.

VISA or Mastercard

When all options fail, you can still rely on your VISA or Mastercard bank cards. Transactions may take longer, but at least, it is safe.

 

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