Bet is the undisputed king in the entertainment scene. It gives players a way to get more involved in their favorite matches and teams. Moreover, it allows you to convert your support into monetary rewards. But cryptocurrency betting has redefined the approach to the field.
In the past year, home services have become more prominent, allowing people to run their own businesses. This has provided a great environment for online betting: from now on, you no longer need to leave your home to support your club and win big with just a few clicks.
But how does online gambling combine with cryptocurrency? Let’s find out!
Benefits of cryptocurrency betting
Experience shows that integrating cryptocurrency into the “online gambling space” is only a matter of time due to the many benefits. We highlight only the most important ones:
With encryption, transfers and withdrawals happen in minutes. It gives you complete control over your payments. And most importantly, you can withdraw money and instantly deposit it into your account to bet on games online.
To prioritize privacy, cryptocurrency gambling platforms use blockchain technology, which explicitly authorizes anonymous bets.
Players often want their identities to remain anonymous, and an untraceable SSL cryptocurrency wallet would be an excellent solution idea.
Low transaction fees
Nobody wants to play games and spend a large portion of their earnings on transactions. Cryptocurrencies like Bitcoin, ETH, and XRP leverage Blockchain technology and operate efficient networks that remove bottlenecks that make transactions expensive.
An increasing number of payment methods
There are currently more than 1,000 cryptocurrencies available: some coins offer 0 transaction fees, while others offer extended anonymity. Find the currency that best suits your needs!
The event options are wide
The betting market offers more and more opportunities for people into cryptocurrencies with a large number of events. You can play poker in one of the more popular areas like sports, casino, and live dealer games, or you can easily place a bet on cryptocurrency to participate in a smaller chip like craps games.
Interest in these activities has increased a lot. This is why most cryptocurrency betting platforms create a suitable framework for this gaming space.
After all of the above advantages, one last question remains: How do you start betting on cryptocurrency sports? Here are the five steps:
1. Buy cryptocurrency
The first step to buying cryptocurrency is to create your cryptocurrency wallet. Visit Blockchain.com and go to the Get a Free Wallet tab. Next you will need to enter your email address and create a strong password to protect your account.
You will then be given an “ID”, which is your means of accessing your wallet. After that, you will be asked to verify your email and your wallet will be ready to use.
Buying cryptocurrency is as easy as converting Euros into US dollars. Log in to your account and go to the Buy/Sell tab. Enter the amount you want to buy and the cryptocurrency you purchased. The system will generate the cryptocurrency value for the amount you specify.
Next, you will need to choose a payment method such as credit/debit card or debit. Large purchases made with debit or credit cards will incur a 3% convenience fee. The next step involves reviewing your application and completing the process.
2. Find a reputable gambling platform
We chose 1xBit Bitcoin Casino and Sports Casino among many. 1xBit is an example of how the platform maintains its relevance in the market with the perfect balance of glamorous apparel designed with ultra-effective technology. The sports betting point of sale is a unique combination of great features that provide convenience and give gamblers a once in a lifetime experience.
1xBit supports up to 45 cryptocurrencies and multi-currency accounts. It allows you to easily switch between your favorite currencies with a single click. After subscribing to the platform, you can claim up to 7 BTC for making your first four deposits. The platform also has a variety of odds formats suitable for different regions, allowing you to collect payouts based on the odds you find attractive.
All these advantages provide a great opportunity to start experimenting with betting on the thousands of events covered by the platform.
Start your 1xBit crypto sportsbook in minutes. This will take you to the registration page which automatically generates all your login details. In addition, when entering the platform, you can automatically save your information to log into the system. You should never doubt that your data protected by the blockchain is safe.
Don’t forget to get nice bonuses like “Welcome Bonus” up to 7 BTC. If you would like to receive these bonuses, go to your account settings and select the “Sign up for bonus offers” checkbox.
4. Choose the cryptocurrency
It should not be forgotten that 1xBit offers a huge number of cryptocurrencies from which you can choose any of them. All you need to do is go to “My Account”, find “Account Details” and then “Your Wallet” and select the cryptocurrency you want to trade.
5. Betting on events
Make the most of the “1xBit” cryptocurrency sweep for great events. This is where real players are created, as they use predictions to accumulate wealth. Simply choose the activity you want: Check the events and conditions before placing your bets: Place your bet now!
An easy-to-navigate interface stands out among the other great features offered by 1xBit. Whether you want to be a new member or a regular member, you can continue on your way without any problems. Betting couldn’t be easier!
At 1xBit, you can bet on your choice! Brazil has many events available – now you can visit the Sao Paulo de Futebol Junior Cup, Campeonato Paulista and many more! Don’t forget to check out the 1xBit blog – there are a lot of helpful tips and guides for your bets.
You can find many instructions on how to play with cryptocurrencies in the 1xBit blog section! There are many articles on the latest sports, cryptocurrency, and gaming news.
Cryptocurrency betting is a great option for anyone who wants to combine their passion for sports with convenient payouts and complete anonymity.
You are now fully armed to start your journey and experience the best in the coolest way! Get a 125% bonus on your first deposit at 1xBit with the code NEWSMUNDO!