7 best bookmakers for betting in cryptocurrency: 2023 review
Cryptocurrency is becoming an extremely popular means of payment in the sports betting industry, with this option available on hundreds of sites in 2023. In response to increased competition, bookmakers and online casinos are starting to offer more cryptocurrency bonuses to attract more users and big players. Another reason to bet in cryptocurrencies is the ability to make deposits and withdrawals quickly, as well as low fees and a large selection of games that can be played using bitcoins and altcoins. In this article, we will tell you about the best cryptocurrency platforms for sports betting, what is the advantage of bitcoins over fiat money, and how to buy cryptocurrency and place your first bet.
Best cryptocurrency bookmakers of 2023 In 2020, sites such as Stake, SportsBet, 1xBit, BetOnline, Thunderpick, FortuneJack, and Betcoin are actively gaining momentum. Let's take a closer look at them. Stake Bonuses: special offers for VIP players Where to play: Worldwide, except USA, Czech Republic and Australia Рейтинг: 9.3 / 10 Stake is a popular option for sports betting in Bitcoin and other cryptocurrencies. Players are attracted by the user-friendly interface and the variety of sports on offer. Although this bookmaker does not offer any welcome bonuses, it is one of the most generous crypto bookmakers in terms of various VIP privileges and cashback.
Pros: Simple registration. Enter your username, password and email address - that's all, you can place bets. Anonymous accounts. Social betting. The site has a public chat and forum. In addition, players can make their bets publicly available for all to see. Stake offers lines for a variety of sports and esports. More than 20 thousand live events every month. Support works 24/7. The ability to deposit and withdraw funds in cryptocurrencies such as BTC, ETH, LTC, BCH, DOGE, XRP and TRX. Instant withdrawal of funds. Special privileges for VIP players. Simple and modern design. Unique online casino games. Minuses: No welcome bonuses. The site is not available to players from the USA, Australia and the Czech Republic.
SportsBet Bonuses: the bookmaker regularly holds various promotions for registered players. Where to play: Great Britain, Asia, South America and the European Union. Рейтинг: 9/10 SportsBet is a great cryptocurrency betting site that accepts bitcoins and many different altcoins. SportsBet's only serious drawback is that bettors from the USA, Australia and Estonia cannot play in this bookmaker. Pros: BC is available in almost all countries of the world. Customer focus. Water polo and eSports betting is available. You can make deposits in BTC, ETH, LTC, SOC and other currencies, including fiat. Payment is available with Visa, MasterCard, MuchBetter, EcoPayz, Paysafecard, etc. Minuses: Bookmaker's office is not available for bettors from the USA, Australia and Estonia.
1xBit Bonuses: welcome bonus up to 7 BTC on the first 4 deposits using the 1xb_13206 promo code. Where to play: all countries of the world (restrictions may apply for US and UK players) Рейтинг: 8.9 / 10 BC 1xBit was launched back in 2016. It is available in many languages and is one of the best crypto bookmakers thanks to its extensive list of games as well as interesting promotions for bettors. The 1xBit website is anonymous and accepts deposits in 25 different cryptocurrencies. Pros: A huge variety of betting events including esports, UFC, politics and more. Large selection of live bets. Anonymity and registration in one click. Lots of bonuses and promotions, cashback. Accepts 25 cryptocurrencies, including BTC, ETH, LTC, USDT, PAX, OMG, LINK and many more. Multi-currency account - you can use multiple cryptocurrencies at the same time. The site is available in 60 languages. Large selection of casino games. Minuses: Complex user interface. No fiat currencies. Restrictions for US and UK players. Lack of legal information about the platform and its owners.
BetOnline Bonuses: 50% bonus on the first deposit up to $ 1,000 when depositing in fiat currency, 100% bonus when depositing in cryptocurrency. Where to play: all over the world. Рейтинг: 8.7 / 10 BetOnline is one of the most popular cryptocurrency gambling sites. It is targeted at US players but is available worldwide. BetOnline bookmaker started its work in 2004. With the advent of cryptocurrencies, this company has earned itself a reputation as one of the few Bitcoin betting sites that fully comply with the US regulatory framework. Pros: A wide selection of lines, a large number of live bets. You can deposit in BTC, BCH, XRP, ETH, LTC and other cryptocurrencies
Analysis of prices for Bitcoin, Ethereum, XRP for 23.10.2020
Yesterday morning, the pullback stopped at 12,780.00 USD, and the bulls made another attempt to gain a foothold in the upward blue channel. Towards the end of the day, buyers managed to pierce the lower border of the channel, but they did not manage to stay above it. At night, the pair rolled back to the area of 12900.00 USD and until this morning held there in a very narrow consolidation. Today another assault on the 61.8% fibo level (13346.30 USD) is possible. The bitcoin price may update its annual high to the level of 13,400.00 USD, but the bears will not allow the pair to gain a foothold above this level. The most likely retracement level is the August high of 12,473.00 USD. Read the analysis of ETH, XRP
Should you use PayPal to buy MTC?
On their blog, Satoshi Labs representatives noted several controversial points regarding PayPal's entry into the digital market: • The new PayPal service undermines the basic principles of cryptocurrency by offering to buy coins through PayPal, but not providing a private key; • In exchange for centralized storage, PayPal offers strict regulation and insurance of funds. Users will be limited in their own funds and access to them. Their money will be held by a third party; In the end, Satoshi Labs advises: “Don't use PayPal to buy Bitcoin that doesn't belong to you. Newbies should not fall into the trap of trusting one of Bitcoin's greatest longtime foes. "
Bitcoin profitability outperformed gold and stocks
According to data released by analyst Vetle Lunde, BTC has grown by 80% since the beginning of the year. At the same time, gold rose in price by a little more than 26%, while the S&P 500 quotes failed to show significant growth - only 6.2%. Thus, long-term investments in the first cryptocurrency are in the lead. At the same time, the indicators of bitcoin seem to be rather modest against the background of other popular crypto assets. So, since the beginning of the year, the second cryptocurrency Ethereum has added 217%, the native Cardano token, ADA has grown by 228%, and the ERC-20 token LINK by as much as 564%.
- Promotion from the Huobi exchange You can get a welcome bonus up to $ 170 on Huobi exchange. For new users only.
Analysis of prices for Bitcoin, Ethereum, XRP for 10/26/2020
Over the past weekend, the bitcoin price recovered into an upward channel, above the blue trend line and was able to test the 61.8% fibo level (13346.30 USD). The annual maximum was set around 13363.00 USD, but it has not yet been possible to gain a foothold in the maximum zone - sellers immediately knocked the pair out of the ascending channel. The bulls are not giving up and are preventing the formation of declining lows. This morning, they again tried to break the uptrend line and consolidate above the 61.8% Fibonacci level. It should be noted that on the daily time frame, Stoch RSI indicator lines are going off scale in the overbought zone, and at the end of the week, buy volumes
Officials in Russia will be obliged to declare cryptocurrencies
The law "On Digital Financial Assets", signed by the President in July, comes into force on January 1 of next year. The document introduces the concept of cryptocurrencies into the legal field, recognizes them as property, prohibits their use as a means of payment, and obliges citizens to enter their digital assets into their income tax return. In addition to the law "On CFA", civil servants are also subject to the Law "On control over the compliance of expenses of persons holding public office and other persons with their income." The current document is also supplemented by the concept of digital assets, which must be declared along with other types of income by all officials of the country.