What to Look For in an Online Bookie That Accepts Cryptocurrencies?
Are you tired of using fiat currencies for different things, such as online betting? If so, you will be happy to know that there are different kinds of iGaming operators that offer digital currencies. In fact, there are more and more bookmakers that accept cryptocurrencies. Check out Betenemy’s list of bookmakers accepting cryptocurrencies if you want to find the best one in the business because all of them have a license from a reputable source and provide people with all the bells and whistles they need.
Speaking of the devil, the bookies that offer digital currencies are usually more special than their regular counterparts. Of course, both kinds of sites allow punters to wager on their favorite sports and choose from various options. However, there are some minor differences and things that people need to consider. That’s why we will make sure to share them in this article so that you can use them when you decide to find a new iGaming site.
Obviously, you have to go over the payment section
The fact that you are specifically looking for an iGaming site that accepts digital currencies means you want to use a specific online payment option. Hence, the first thing you have to check is the payment section and the available deposit and withdrawal options.
Depending on the bookmaker, you may find an extensive range of cryptocurrencies. However, some sites do not provide that many options. They know that most punters use Bitcoin and Ethereum, which is why they prefer to focus on them.
Luckily, the number of sites that provide more payment solutions grows by the day. You can deposit with Dogecoin, Tron, Bitcoin Cash, BNB, and more. Usually, it doesn’t matter which payment method you’re using, but there are cases where you may have to make a deposit with a specific digital currency because it is the only option that will give you access to a given bonus.
Speaking of making transactions, the payment section of a given brand will provide you with other important info. For example, you can learn more about the payment process, the withdrawal limits, are there any fees, and loads of other important things.
You have to make sure that the bookie has a license and uses at least a few safety features
Online bettors use digital currencies for different reasons. Some of them are fans of those things because they want to make fast transactions and avoid annoying banking fees. With that being said, others use digital currencies simply because they want to stay anonymous.
All those things are great, and they are one of the reasons some of the top-tier crypto bookies at Betenemy offer them. Sadly, many betting brands try to take advantage of digital currencies’ popularity and offer those payment options. The bad news is that a large number of them do not have a license and do not provide any kinds of security options.
Inexperienced bettors rarely pay attention to those things because they are more interested in the sports betting section. This place is important, there is no arguing that, but it doesn’t matter whether a given bookie offers the best markets and odds if it plans to steal your money.
Using an unregulated bookmaker can lead to all sorts of problems. Aside from losing money, you can also expose your personal information to people who can use it for other things. Some unregulated bookies offer fiat currencies as well, but if you use them, you can at least contact the bank/e-wallet and ask them for help in case of an emergency. Unfortunately, this is not possible if you use a crypto bookmaker.
In order to avoid most of the potential problems, try to find a bookie with a genuine license. Furthermore, you should check whether the betting site has other safety features, such as an SSL certificate.
Mobile apps that allow the usage of digital currencies
In addition to the available payment options and the safety features, most people who want to use an online bookmaker should be interested in mobile betting options. This also applies to cryptocurrency users because most bookies do not allow their users to make mobile payments.
When talking about mobile betting, we have to mention that some bookies are more advanced than others. Usually, you will only find companies that offer a mobile website. It may be enough for some punters, but others know that most mobile sites lack some of the popular features and promotions. Hence, they prefer to find an app.
Finding a good mobile betting app for iOS and Android is hard, so just imagine what happens when you add digital currencies. Although some sites allow punters to use those betting options, others don’t offer them for mobile clients.
If you plan to bet on the go and you want to have the best possible experience, check every bookie’s mobile options. Go over the betting sections, promos, and features, and make sure to pay special attention to the payment section. Unfortunately, even some of the more popular sports betting sites do not allow mobile users to make big transactions.
The post What to Look For in an Online Bookie That Accepts Cryptocurrencies? appeared first on iGaming.org.
Source: igaming
