This article gives you an overview of the best blockchain betting platforms in 2021.
We also provide some excellent tips to help you get the best out of these betting sites with blockchain.
Below, you’ll see a table showing what we believe are the best blockchain betting platforms on offer today.
These sites have a solid reputation and all offer end-to-end digital asset services, which means that, in addition to depositing and withdrawing in digital asset, you can also directly bet with digital asset.
Our guide offers the following information:
The perks of using blockchain betting sites
Selecting the best blockchain betting sites for your needs
The #1 exchange for blockchain betting sites in 2021
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Curious about blockchain betting sites, but still looking for reasons to take action?
We can tell you that there are a ton of reasons to get started; here are some.
Digital asset doesn’t need intermediaries to be exchanged.
You don’t have to concern yourself with payment gateways.
Banks and credit cards? Forget about them!
All you need is a reliable VPN to register an account on betting sites with blockchain. From there, you can start using sites that generally don’t allow users from your country.
Some end-to-end betting sites with blockchain also let you bet despite it being illegal in your location.
Disclaimer: Please note that we do not recommend or encourage illegal activity in any form. You are placing your investment at risk if you use betting sites that forbid users from your country. For instance, you could have your account frozen, which means you can’t access your money.
Banks don’t like online betting websites.
We have heard and read many stories where people couldn’t get a mortgage due to their occasional use of betting sites.
This can happen even with moderate usage of sports betting sites.
Here’s the thing about betting sites with blockchain, you can use them without your bank ever finding out. Therefore, your activity remains a secret.
If your wife has a problem with sports betting sites, you also ensure they don’t find out.
(Apologies to our female audience, we know you read us too!)
Have you ever struggled to deposit on sports betting sites? We have.
One of our team couldn’t access their bank account for a month.
Here’s the reason. He wanted to put money into his betting website account.
It so happened that a new regulation was put in place in the UK on the 14th of April 2020, and he didn’t know about it.
After a warning from his bank, he couldn’t make any more deposits on the sports betting sites he used before.
Digital asset ensures that your bank never needs to get involved again.
Fiat currencies are boring.
Inflation reduces their value every day.
Governments control and use them for their corrupted endeavors.
Banks decide if and when you can or can’t use them
And, frankly, fiat currencies are old and outdated. They are not the future.
In 2021, digital asset represents the future.
No matter how you invest or bet with fiat currencies, they will remain fiat.
They are no longer suitable for use in a fast-evolving world.
Using them on sports betting sites means you will reduce your buying power. It is a very different story with digital asset.
When you use an end-to-end blockchain betting site, the amount of digital asset you hold will probably increase in value.
Traditional sports betting sites have to deal with payment gateways, bank account management, and a ton of financial regulations.
As a consequence, you’ll notice that you’re forced to accept low deposit and withdrawal maximums, not to mention waiting days to complete a transaction.
The best blockchain betting sites are mainly regulated by the Curacao Gaming Authority, which means a lower level of financial regulation.
Less financial regulation means fewer limits and faster (sometimes instant) payouts.
For example, some of the top betting sites with blockchain offer instant and unlimited deposits and withdrawals. That’s unseen in the traditional betting site industry.
Of course, remember to consider the time it takes for the various blockchains to process the transactions.
You can find standard betting sites that will take digital asset, but they are behind the times.
Old-fashioned design, inefficient customer service, slow payouts, and much more.
In contrast, the best blockchain betting sites are designed for a modern audience with up-to-date technology.
The result is a growing number of safer blockchain betting companies that you can trust, which offer better customer support, faster payments, and promotions worth something.
Most exchanges are against the use of their platform to transfer funds to/from blockchain betting websites.
Some will freeze your funds and close your account if they learn that you’re using their services to deposit on blockchain betting sites.
Believe us; it is simple for them to get this information. Want to know how? Let’s find out.
Top-rated exchanges can track transactions on the blockchain by using blockchain forensics software.
And the software is very efficient, to the point that we already received notifications from a few exchanges.
So, what is the best exchange for those who want to bet on blockchain betting sites?
For our money, Binance is the right option.
Binance is the largest exchange globally, and they allow users to bet on blockchain betting sites.
We believe it is the best exchange because of its high level of security and small fees. It also lets you withdraw quickly and offers a massive number of currency pairs.
Set up an account on Binance, and you’ll discover that depositing funds and wagering on any reputable betting site with blockchain is effortless.
Here’s what you should consider when selecting the best blockchain betting company for your needs.
This is another crucial aspect to take into account when selecting your blockchain betting site.
Digital asset transactions are fast, cheap (most of the time), and there’s no central authority behind them.
That’s great, but digital asset transactions are also permanent.
Without the “protection” of a central authority, you can forget about a refund if blockchain betting websites are dishonest.
Therefore, it is essential to pick blockchain betting websites known for their legitimacy.
Our assessment of the best betting sites with blockchain therefore includes a particular focus on their reputation.
You can ensure you discover safe blockchain betting websites by reading our informative blockchain betting sites reviews.
Don’t make the mistake of registering and adding money before finding out that you’re not allowed to do so in your country.
This isn’t an issue if you use legit betting sites with blockchain because most of them won’t permit you to register, let alone add funds if you come from a country where its service is prohibited.
Sadly, some unreliable betting sites with blockchain will not stop you from registering an account and betting but will block your account when you try to withdraw your gains.
Then these blockchain betting sites decide to ask for account verification. To your horror, you’ll find that your account is suspended, and you have no access to your money.
This is why you must stick with blockchain betting platforms that allow people from your country.
If you decide otherwise at your own risk, make sure you wager on trustworthy and legit blockchain betting sites that allow for more anonymity.
Focus on good blockchain betting websites that won’t keep your money if they discover that you’re betting illegally.
Sites like Stake.
Standard betting websites that allow the use of digital asset and end-to-end betting sites with blockchain are entirely different.
If you deposit digital asset on standard betting sites, they will turn it into fiat currency whether you like it or not.
Whenever you try to take out your money, your fiat is turned back into digital asset. That is, if the betting website even permits you to withdraw in digital asset.
This means you don’t have any digital asset in your account after the deposit. You can also expect to pay transaction fees.
This is terrible news if you think digital asset’s price will rise. Instead, using end-to-end betting sites with blockchain is a better idea.
These blockchain betting platforms generally accept a more comprehensive range of digital assets as deposit/withdrawal methods.
But most importantly, they allow you to bet with digital asset directly.
Using these blockchain betting sites gives you several digital asset advantages, such as:
Higher payment limits
Yet, it is a mistake to think that the above pros are guaranteed with 100% of end-to-end blockchain betting websites.
Being end-to-end digital asset only means they can provide these benefits if they want to and put the effort.
You’ll discover that only the top blockchain betting sites care enough about their customers to provide these advantages.
If you need help with something, things go more smoothly when you can quickly and easily chat to a trained customer service operative.
Especially if you are new to betting sites with blockchain.
Therefore, our reviews of the best betting websites with blockchain in 2021 include a thorough check and testing of their customer service.
Yet another critical aspect of blockchain betting platforms is how they handle withdrawals and deposits, not to mention means of payment variety.
Not all betting sites provide the same ways of depositing and withdrawing your funds.
For most punters, having multiple ways to deposit money is an important consideration.
The digital asset market doesn’t ‘pause,’ and top-ranked blockchain betting websites know this.
You may need your digital asset to trade them rapidly or participate in an event on another good betting site with blockchain.
In some cases, blockchain betting websites process withdrawals in seconds. Other sites are slower and could take several days.
You’ll likely want to find blockchain betting platforms that process withdrawals ASAP.
Traditional sports betting sites have important restrictions in terms of payout.
It isn’t easy to find one that lets you withdraw over $10,000 a month.
Top blockchain betting platforms don’t have important restrictions.
Yet, there are blockchain betting sites that only allow you to withdraw small sums.
This is because they generally don’t have a large amount of money to hand.
Still, the best blockchain betting platforms, like Stake, offer unlimited withdrawals.
For big-money punters, in particular, the key is to find safe betting websites with blockchain with no limits on withdrawals.
It is easier to split things into three distinct categories.
Most blockchain betting sites offer welcome bonuses.
These offers often make it seem as if you’re getting a good deal.
If you think there is a catch, you’re correct!
There are usually many stipulations.
You might have to bet at least 30 times what you deposit before withdrawing any money, for example.
Most of the time, it’s best to choose blockchain betting companies that offer great promotions and VIP perks as they are much more valuable than the welcome bonus for 99% of users.
Most traditional betting websites with blockchain are very stingy with their promotions.
They prefer to offer attractive bonuses, which have, in fact, a lot of strings attached to them.
On the other hand, the best blockchain betting sites like to keep things fresh for punters, and unique promotions are part of this strategy.
These promotions not only keep the game fun, but they will also add a lot to your balance at the end of the month.
Good blockchain betting sites usually know the importance of VIP programs with excellent bonuses.
Otherwise, how do they keep punters interested?
Still, many of them don’t.
VIP benefits, just like great promotions, will add a lot of fun and rewards.
That’s why we strongly recommend only the most legit blockchain betting platforms with clear terms for their VIP program that offer generous rewards to their most loyal users.
When choosing blockchain betting sites, look for the ones that give you the best:
Selection of sporting events
Choice of markets
Probability of winning
However, don’t automatically assume that blockchain betting sites with a decent sports offering are good blockchain betting sites.
You could potentially use blockchain betting platforms with fantastic sports options, but they defraud you in the end.
Our suggestion to find the best offers and odds is to register on many legit blockchain betting sites.
From there, compare their offers for each sport and event that interest you.
But keep in mind that the availability of blockchain betting websites in your country and their reputation are the most important factors to consider before you deposit your digital asset.
Blockchain betting websites are allowed in most countries. However, you need to check your country’s rules to know for sure.
There are two different aspects to consider: the legality of digital asset and sports betting sites in your country.
Although digital asset is legal or tolerated in most countries, regulators are generally more severe with betting sites.
Even if your country doesn’t allow it, you could still find good blockchain betting sites that let you bet.
If you have a VPN, your transactions are out of the glare of a centralized authority, which means regulators have their work cut out.
Yes, you can because of how digital asset addresses work. These are created privately by your wallet, and there is no other information that outlines where your digital asset are stored or any location you send them to.
As a result, you can maintain secrecy by using a new address every time you receive payment. Another tactic is to use several wallets, each one for a different reason.
For a truly secure wallet with two confirmations from the network, the transfer can take from five minutes to an hour, depending on the digital asset network.
The transactions have to be confirmed on the various Blockchains, which are sometimes overloaded.
In this case, you have to include a higher fee when sending funds for the transaction to be confirmed faster and not stuck in the Blockchain queue.
Regarding withdrawal of your digital assets, in addition to the same transfer process as for a deposit, most of the betting websites with blockchain have first to validate the operation manually.
The quick answer is, ‘it depends.’ A slightly longer answer is that some sites can take several days to certify your withdrawal. Others don’t go through this process to ensure their withdrawals are no slower than deposits.