Did you know that all reputed international gambling sites accept cryptocurrencies these days? If you were wondering where to invest your hold of such currencies, you need not look far. There are reputed sites such as 22Bet, Betway, Spin casino, Europa Casino, and many others that accept cryptocurrencies as an accepted mode of payment.
Different Sites that Accept Cryptocurrencies
There are several gambling domains, both casinos as well as sports booking sites, that accept cryptocurrencies as the mode of payment. Many reputed Las Vegas casinos that have an online presence as well as reputed sports booking agencies today accept Bitcoin and others.
Here are some instances:
- Bovada is known to accept Bitcoin as well as Bitcoin cash as a mode of payment.
- MyBookie is a sports booking platform that accepts Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Ripple amongst accepted payment modes.
- BetOnline accepts similar cryptocurrencies as mentioned above.
- BetNow accepts Bitcoin and Bitcoin Cash as payment options for its members.
Indeed, the above are well-known and reputed sites that have opened their doors to cryptocurrency holders. As a result, if you hold any of the above-mentioned cryptocurrencies you are sure to get the best offers at these sites. You can read more on BitcoinBuster.
How does it work?
These sites make it easy for crypt currency holders to sign up. You can visit the payment terms at a particular site to know the unit of Bitcoin or Litecoin you need to put in for making a minimum deposit. Not only does it get you access to membership at the site, but most sites also have generous welcome offers as well. These apply to your cryptocurrency payments as well. For instance, once you register and make the deposit, you could claim a 100% bonus that is applicable. That will get you the equivalent of cryptocurrency money into your account. Of course, there would be certain wagering terms apply.
Characteristics of Cryptocurrencies
The main features of Bitcoin and other cryptocurrencies are as follows:
Cryptocurrency | Key Features |
Bitcoin | It is the biggest cryptocurrency and of the highest value. It has wide usage including at gambling sites. It was first launched in 2009. |
Ethereum | It is the currency that is linked to the Ethereum Blockchain. It was linked to many crypto projects that saw the rise of this currency. It was launched in the year 2015. |
Bitcoin Cash | Bitcoin Cash was formed in 2017, after the Bitcoin fork. It has gained popularity in many online sites, including acceptance in casino and sports betting sites. |
Litecoin | Created initially as a Bitcoin alternative. Since then it has developed well. It has been in circulation since 2011. |
Stellar | Transactions using this cryptocurrency are faster and simpler. It is also a more recent invention, since 2014. |
Ripple | It was formed in 2012. It has a legitimate status since it is accepted by many financial institutions. |
Advantages of Cryptocurrencies in Online Gambling
Casinos and sports booking sites that accept the above-mentioned cryptocurrencies make it lucrative for such currency holders:
Welcome Offers
When you sign up with a crypt currency at a site, you need not be deprived of the welcome offers. Indeed, most sites have comparable welcome offers such as free spins and match-up bonuses for players. Hence, if you opt for a 100% deposit bonus, it means you get an equivalent amount of cryptocurrency into your account as well.
Anonymity in Transactions
This is one of the main advantages you enjoy. All your payment transactions are secure and anonymous. This makes gambling a secure experience at any site.
Enjoy Loyalty Benefits
As you sign up with cryptocurrencies as a member and wager on different games, the casinos make it rewarding for you. As a result, you can enjoy the perks of the loyalty program as applicable in the different domains.
Conclusion
If you read reviews of these sites such as FortuneJack review it becomes apparent that these sites make it rewarding for crypt currency holders. The latter can win more of such currencies which actually help them build up their reserves of such financial assets. It also makes it possible for large wagers at these sites and players can enjoy exclusive privileges and perks.