Cryptocurrencies are getting more and more popular in the betting world with every single day. Check our list of most popular crypto-friendly betting sites in 2024
The Rise of Crypto Betting in 2024:
Cryptocurrency has revolutionized numerous industries, and online betting is no exception. With the development of technologies more and more players prefer playing in crypto bookmakers as it provides less restrictions regarding to location of the players, deposits and withdrawals without having to use a bank and faster ways of processing the funds. Using Bitcoin, Ethereum, USDT and other altcoins provides way more opportunities than traditional payment methods of the past.
Main Pros on Using Crypto for Betting in 2024:
- Anonymity
Regulated markets and locally licensed betting operators are obliged by law to acquire personal date from users and perform identity verification. Something that Crypto sites do not have to do. There are plenty ot sites from our list, that can be accessed with VPN and will not give you hard time when trying to withdraw your funds. Many Crypto sites will not even request verification and claim to be no-verification casinos.
- Geolocation and Restrictions Based on Countries
Many sites are being filtered in some territories and have to remove traditional payment methods in order to provide services in certain countries. With the rise of bitcoin and other cryptos, players can access filtered content with VPN and pay anonymously with crypto.
What is The Best Crypto For Betting?
Different players have different needs, however there is one important factor you should take into consideration – fees. Bitcoin and Ethereum fees may sometimes be extremely high when there are big movements. If you are using higher amounts of money you won’t notice, but betting with Bitcoin and Ethereum with small amounts is not recommended because of fees. Coin like Dogecoin or Litecoin on the other side are great becuase of low fees and many people prefer the stable coins like USDT and USDC, because it’s almost like playing with fiat money and there will be no change in your balance.