Betting With Cryptocurrencies: Everything You Need To Know

Betting with cryptocurrencies is growing in popularity. You’ve probably heard of cryptocurrencies if you’re into esports betting. Whether you want to bet on esports, match-ups, or other competitions, there are a ton of cryptos you should consider using. They’re all the rage right now, and for a good reason: they provide lots of advantages that traditional currencies don’t. However, if you’re new to the world of cryptocurrency, figuring out how to use them for betting can be a little daunting. But don’t worry–this guide is here to help.

Before you make your first crypto bet, it’s worth understanding crypto betting. Where do you go to bet with cryptocurrencies? What are the best cryptos for you to use? How can you win big when placing bets with cryptocurrencies? So keep reading to learn everything there is to know about crypto betting.

What Is Crypto Betting?

Cryptocurrency betting is simply betting with cryptocurrencies rather than traditional currencies. Cryptocurrencies are digital tokens that rely on cryptography to secure transactions and control the creation of new units. Cryptocurrencies include Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.

Best Cryptos to Use for Crypto Betting

Payment for services with cryptocurrency is on the rise all over the world, and it has filtered into esports. Esports organizations and players can now be compensated in a variety of cryptocurrencies.

Bitcoin

Bitcoin was the first “cryptocurrency,” and its popularity has steadily increased since then. Bitcoin is a decentralized currency and no single institution controls it. This makes it popular with some people, but not everyone is a fan – some see it as a bursting bubble.

Ethereum

Ethereum is another popular cryptocurrency that was created in 2015 by Vitalik Buterin. It’s often referred to as the “second generation” of cryptocurrencies because it expands on the concepts that underpin Bitcoin. Ethereum differs from Bitcoin in that it supports “smart contracts,” which means that instead of relying on a third party, you can complete transactions or enter into contracts directly with other people.

Ethereum’s price is rapidly rising, and the technology has some intriguing applications.

Other cryptocurrencies

  • Dogecoin
  • Binance coin
  • Litecoin
  • Tether
  • Solana

Betting With Cryptocurrencies

8 Best Sites to Bet with Cryptos on Esports

1.     N1bet

N1bet is a top esports betting site that accepts several cryptocurrencies. They have competitive odds and a large selection of matches to bet. Bitcoin, Dogecoin, and Ethereum are among the cryptocurrencies they accept.

2.     Powbet

Powbet is a sister company to n1bet and a great crypto esports betting site. Powbet provides a plethora of bets in a wide range of matches. They accept deposits and withdrawals in Bitcoin, Litecoin, Ethereum, and Bitcoin.

3.     Buff.bet

Buff.bet is a site dedicated solely to esports betting. They provide competitive odds and accept a wide range of cryptocurrencies for deposits and withdrawals. They are safe, legitimate and they have excellent customer service. And their withdrawals are instant.

4.     Loot.bet

Loot.bet is another excellent esports betting site that accepts cryptocurrencies. They have a plethora of different matches to bet on, as well as competitive odds. Check out their promotions page if you want to get a nice bonus on your bets.

5.     Sportsbet.io

Sportsbet.io is an esports betting site that offers more than just esports matches. The best thing about sportsbet.io is that they offer a wide range of esports bets on various games, and they accept cryptocurrencies for deposits and withdrawals. sportsbet.io is reliable and legal. Their interface is simple to use, and they provide excellent customer service.

6.     Bicasion.io

Bicassion.io is another excellent place to bet with cryptocurrencies. Like the other esports sites listed here,bicassion.io offers a plethora of esports bets on various matches and accepts cryptocurrencies for deposits and withdrawals. The best thing about bicasion.io is that there is a wide range of cryptos to choose from. And if you need help, their customer service will gladly assist you.

7.     Stake.com

Stake.com is yet another excellent option for cryptocurrency esports betting. They have a plethora of different matches to bet on, as well as competitive odds. Stake.com is legitimate, secure, and reliable. They have a user-friendly interface but contact their customer support team if you need their service assistance.

8.     Thunderpick

ThunderPick is a fixed-odds betting site with many esports matches to bet. They offer reasonable odds and accept a wide range of cryptocurrencies for deposits and withdrawals. Thunderpick is secure and legitimate, and they provide excellent customer service. Visit thunderstick if you’re looking for an esports betting site that accepts a variety of cryptos such as Bitcoin, Litecoin, Ethereum, or Tether.

As cryptocurrencies gain popularity, it’s only natural that many people use them for betting on esports matches. These are just a few of the many sites that accept cryptocurrency, and they all offer competitive odds and a wide range of bets, so let’s take a look.

Betting With Cryptocurrencies

Tips for Betting with Cryptocurrencies on Esports

Before you bet with cryptocurrencies on esports, there are a few things you should consider. Here are some pointers to get you started:

Do your homework: This is probably the most important thing you can do when betting on esports matches. Check out the rules of a match, the players involved, and the odds each site offers.

Check out their customer service: Before depositing any money here, make sure to read each site’s reviews and customer service reviews. This will make it easier for you to determine whether they are genuine or not.

Use your common sense: If something appears too good to be true, it most likely is. When deciding whether to bet on a match, use your common sense.

With these pointers in mind, you should be well on your way to wagering on esports matches with cryptocurrencies.

Wrap up: Bet on Esports with Cryptocurrencies

That’s it — eight of the best sites to bet with cryptocurrencies on esports. As we mentioned, these are not the only crypto betting options at your disposal. There are dozens of esports betting sites accepting Bitcoin, Ethereum, and hundreds more that accept other cryptocurrencies. However, these eight sites offer some cool features that make them stand out from the rest.