The world of cryptocurrency has brought us exciting new opportunities to bet and wager on sports, politics, and just about anything else you could imagine. And because they are digital, cryptocurrencies may be used to place real-time wagers from any location in the world with an internet connection. It is made possible by the decentralized nature of cryptocurrency.
No need for cash or credit cards at all. Ufa Casino makes it easy to find the best bitcoin betting sites out there, with everything from horse racing to eSports and politics now just a click away.
Introduction to Bitcoin and Cryptocurrency
Bitcoin and cryptocurrency are hot topics these days. But what are they, and how do they work? Bitcoin is a digital asset and a payment system invented by Satoshi Nakamoto. Cryptocurrency is a digital or virtual currency that uses cryptography to secure transactions and control the creation of new units.
Cryptocurrencies are decentralized and not subject to government or financial institution control. They can be traded on decentralized exchanges and used to purchase goods and services. The value of cryptocurrencies has risen significantly recently as investors have become interested in this new technology.
There are now dozens of different cryptocurrencies available, each with unique features. If you’re curious about bitcoin or cryptocurrency, you should start by reading our introduction to the two concepts.
Betting Sites That Accept Bitcoin and Cryptocurrency
Many people are looking for sites accepting bitcoin and other cryptocurrencies as bets. Here is a list of the world’s biggest bitcoin and cryptocurrency betting sites, sorted by Bitcoin wager volume.
- Sportsbetting site Unicorn
Sportsbetting site Unicorn offers customers the ability to bet using bitcoin and other cryptocurrencies. With over $5 million wagered in bitcoins and other virtual currencies on their site, Unicorn is the largest betting service.
Bitcoin is another major sports betting site that accepts bitcoin and other cryptocurrencies as bets. They have reportedly earned over $3 million in bitcoins and other virtual currencies on their site this year.
BET365 is Europe’s leading online betting company, with over 100 million registered users. They allow bettors to place bets with bitcoin, Ethereum, Litecoin, Dogecoin, Dash, Monero, Zcash, and several other cryptocurrencies.
BitStarz is one of the world’s oldest and most popular online casinos. They allow customers to place bets with bitcoin and a wide range of other cryptocurrencies. BitStarz has reportedly waged over $25 million in bitcoins and other virtual currencies on their site this year.
With so many investors and speculators looking to get a piece of the blockchain and cryptocurrency pie, it’s no wonder dozens of bitcoins and cryptocurrency betting sites are now available whether you’re a day trader who wants to make some quick cash on the price swings or looking for a long-term investment that will provide passive income.
These sites offer an incredible opportunity for anyone with interest in digital currency. Please make sure you research before staking your bets but don’t forget there is nothing like winning big when it comes to investing.