Sports betting with blockchains and cryptocurrencies
Bogdan LashchenkoWhen it comes to sports betting especially on esports, it is safe to say that today, the sports betting industry is extremely well developed. That's because online bookmakers in Brazil do everything possible to ensure that all players have the best possible experience, which is why online bookmakers offer great bonuses and promotions, tons of sports betting and much more. And, of course, payment methods for deposits and withdrawals are also taken into account. There were already tons of great payment methods before, but now online bookmakers are offering cryptocurrencies to their Brazil users.
Sports betting with cryptocurrencies (bitcoin, etherium) and the 5 best bookmakers
As we mentioned earlier, Brazilian online bookstores have started to offer more and more cryptocurrencies to their users, and they include currencies like Bitcoin, Ethereum, Tether, Litecoin and many more. And we would like to tell you about the best Brazilian online bookmakers that offer cryptocurrencies as a payment method. They are:
- Sportsbet.io. This Sportsbet online bookmaker is one of the best options for sports betting on cryptocurrencies in Brazil. It operates since 2016 and allows the use of Bitcoin for deposits and withdrawals. You will also receive a +100% welcome bonus up to 1 BTC for making your first deposit;
- 22bet. Another great option for sports betting with cryptocurrencies in Brazil is 22bet. At 22bet, cryptocurrencies like Bitcoin and Ethereum are available, which also deposit and withdraw your money instantly, and thanks to the welcome bonus of +122% up to €250, you will have a chance to win much more money;
- Nitrogen Sports. At Nitrogen Sports, all Brazilian players can easily use cryptocurrencies like Bitcoin and Ethereum for all their sports betting;
- Fairlay. Fairlay is known in Brazil as a great online bookmaker that not only offers wonderful sports betting conditions, but also allows you to deposit and withdraw money in Bitcoin;
- Onehash. Onehash has been operating in the Brazilian betting market since 2014, and it allows you to deposit and withdraw money in Bitcoin, which is a great option for fans of betting on cryptocurrencies.
Cryptocurrency and bookmakers, two types of companies
It's no secret that online booksellers started offering cryptocurrencies, but today, the two most popular cryptocurrencies are Bitcoin and Ethereum. Bitcoin is the first cryptocurrency that was introduced in the world and it is considered to be the most popular one all over the world. 1 Bitcoin now costs BRL 86000. And besides Bitcoin, you can also use Ethereum at any online bookmaker in Brazil. It's also really simple to use, and it's really convenient. 1 Ethereum costs 85 BRL.
Regardless of what you choose, you will undoubtedly feel great comfort using these payment methods, as, unlike other payment methods, cryptocurrencies deposit and withdraw money instantly, and do not charge any fees, so please, try them out.
What is the lure of booksellers with cryptocurrencies?
Although online booksellers have started offering their users cryptocurrencies, some users are wondering "Why did the online bookseller do this in the first place? And there are two reasons for that.
The first reason why online bookmakers have embraced the use of cryptocurrencies is because more and more people are starting to use cryptocurrencies. About 10-15 years ago when cryptocurrencies were new to everyone, people didn't use them much as they didn't know if they would be accepted or not. But nowadays, the cryptocurrency industry is extremely well developed, and more and more people are starting to use it. Another reason why online booksellers started offering cryptocurrency payments is because it is safe and convenient. Compared to debit/credit card money which can be stolen by receiving the card information, using cryptocurrency is safer as no one except the rightful owner of the cryptocurrency wallet will be able to use the cryptocurrency cryptographic.
How to choose a bookmaker to bet with?
In order to choose the best online bookmaker, we recommend using the following tips:
- Check payment methods. Naturally, the online bookmaker has to offer a wide variety of payment methods, and they have to include cryptocurrencies like Bitcoin or Ethereum;
- Check the license. A good online bookmaker should be safe and legal to use in Brazil, so check the license while choosing an online bookmaker;
- Consider betting options. In order to have the best possible time while betting, the online bookmaker must offer as many sports bets as possible, and they must have great betting markets and odds.
- Check if the online bookmaker has a mobile app. From time to time, you'll probably want to place a good sports bet when you're not at home. This is where the mobile app comes into play, thanks to which you can place big bets anywhere and anytime.
How to make a deposit at a cryptocurrency bookmaker?
To make a deposit with cryptocurrencies, you will only have to do a few steps, which are:
- Open the online bookmaker and login to your account;
- Press the Deposit button;
- Choose cryptocurrency;
- Enter your wallet number;
- Confirm website deposit of the cryptocurrency you are using.
The 5 Best Bookmakers to Bet on Bitcoin, Etherium and Other Cryptocurrencies
In order to have the best sports betting experience while using cryptocurrencies, you have to choose a good online sportsbook that can satisfy your needs. You can use https://melhoresappsdeapostas.com/ to find great online bookmakers. We recommend the following online bookmakers:
- Sportsbet.io;
- 22bet;
- Nitrogen Sports;
- Fairlay;
- Onehash.
How to withdraw money from cryptocurrency betting sites?
We have already shown you how to deposit money via cryptocurrencies, so it is safe to say that we should also explain how to withdraw your cryptocurrency earnings. The process is really simple, you will just have to log into your account, open the deposit and withdrawal page, press "Withdraw", choose the cryptocurrency you are using for the withdrawal and confirm your withdrawal. Money will be transferred to your cryptocurrency wallet as soon as possible.
Is betting on cryptocurrencies safe?
Some people who only use cash or card money for depositing and withdrawing wonder, "Is it safe to use cryptocurrencies for gambling in Brazil? And we can answer that question. Yes, using cryptocurrencies is absolutely safe and legal in Brazil This is because, unlike credit cards, which do not offer good security, cryptocurrencies have a much better protection system, and we can assure you that nobody except you will be able to use your cryptocurrency wallet
Bogdan Lashchenko – content manager at EgamersWorld.Bogdan has been working at EGamersWorld since 2023. Joining the company, he began fillin the site with information, news and events.