This guide features the best crypto formula 1 betting sites in 2021.
If you want to deposit, withdraw, or wager using crypto, all of these highly regarded sites can help you.
This article looks at the following aspects of crypto formula 1 betting sites:
How to choose them
The best exchanges that don’t prohibit the use of their services for wagering in 2021
It’s go time!
Are you looking to bet with cryptoassets but can’t decide if you want to go ahead?
There are countless reasons to give them a try, and here are just a few of them.
Fiat currencies are boring.
Inflation makes their value go down continually.
As long as governments stay in control of fiat currencies, they retain their hold on the financial world and keep their power.
As for banks, they have complete control over the who, what, where, when, and why of fiat currency use.
Fiat currencies are not the future.
In 2021, cryptocurrency represents the future.
You can exchange crypto without intermediaries.
You don’t have to concern yourself with payment gateways.
You keep the traditional banking system out of the loop.
If you live in a country with heavy restrictions, invest in a decent VPN to use crypto formula 1 betting sites.
You can now start using sites that generally don’t allow users from your country.
Certain end-to-end cryptocurrency formula 1 betting sites will also let you wager even if you live somewhere where formula 1 betting sites are illegal.
Disclaimer: We do not encourage any activity that is against the law. Using formula 1 betting websites that don’t allow people from your country involves risks. One of them is the possibility of losing your entire stake after having your account suspended.
Banks are not really fans of formula 1 betting sites.
As a matter of fact, there are countless stories about individuals who were denied mortgages because of their use of formula 1 betting platforms.
The fact that they only spent small sums on these formula 1 betting sites was irrelevant.
Here’s the thing about cryptocurrency formula 1 betting sites, you can use them without your bank ever finding out. Therefore, your activity remains a secret.
Indeed, you can enjoy complete privacy unless you feel like talking about your hobby.
While you bet on a regular formula 1 betting site with fiat currencies, you hold … fiat.
Fiat currencies are old-fashioned and inflationary.
When using a crypto formula 1 betting site, the amount of cryptos you hold will probably increase in value.
If you’re anything like us, you have had issues trying to deposit money on formula 1 betting platforms.
One of us even got his bank account frozen for an entire month.
Here’s the reason. He wanted to put money into his formula 1 betting company account.
What he didn’t know was that the UK applied a new regulation in April 2020.
He even received a warning from the bank and had to promise not to deposit on formula 1 betting sites anymore.
With cryptocurrencies, you will not need to beg your banker ever again.
Many online formula 1 betting websites accept cryptocurrencies. The trouble is, most of them offer fairly poor services.
Old-fashioned design, inefficient customer service, slow payouts, and much more.
The best crypto formula 1 betting sites, on the other hand, are designed for the modern user. Therefore, they adopt better technology and respect their audience.
Ultimately, you benefit from top-notch support, a more attractive range of payments, and promotions that make you feel like a VIP in what are safer crypto formula 1 betting websites than ever.
Financial regulations limit standard formula 1 betting websites. This is why they are so slow and inefficient.
That’s why, on these formula 1 betting sites, your deposit and withdrawal amounts are very limited, with slow transactions.
The best formula 1 betting sites with crypto 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.
In some cases, the top cryptocurrency formula 1 betting sites have NO limits on deposits and withdrawals, and you get your money instantly. This doesn’t happen with traditional formula 1 betting websites.
That said, it takes time for different blockchains to process your transactions, so please take note of this.
If you like high-octane drama, not many sports can rival Formula 1.
You will not find a ‘faster’ sport as Formula 1 cars can exceed 210mph (336kph).
Each season, 10 teams with 20 drivers compete for the Driver’s and Constructor’s Championships.
If Formula 1 is your number 1 sport, you’re possibly keen to learn more about the markets worth staking on.
The good news is that cryptocurrency formula 1 betting sites offer similar markets to traditional formula 1 betting companies and often provide better odds.
The grand prize is the Formula 1 Driver’s Championship.
It is awarded to the individual with the most points accumulated during the season.
Realistically, you can cut the field pretty quickly by only looking at the main teams’ drivers.
Some people believe the Constructor’s Championship is the ultimate F1 prize.
The constructor that scores the most points wins this championship.
There are two drivers on each team.
Each race has multiple markets and lots of in-play options too.
Apart from picking the race winner, other interesting markets include Podium Finish, Fastest Lap, and Fastest Qualifier.
Don’t forget the variety of Driver’s Specials, such as choosing the person most likely to lead at the end of the first lap.
If you like the tactical aspect of Formula 1, staking crypto on the first team to make a pit stop might appeal.
This market lets you predict the number of Grand Prix wins enjoyed by an individual or a team.
Pick a pair of drivers or teams and determine which one will defeat the other in a race or during the season.
Can Hamilton overcome Verstappen, or will Red Bull have the measure of Mercedes?
Most exchanges are against the use of their platform to transfer funds to/from cryptocurrency formula 1 betting sites.
They will keep your money and shut down your account if they catch you using them to deposit on crypto formula 1 betting companies.
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.
We quickly found out the quality of the software when we received notifications from some of these exchanges.
So, what exchange should you use to deposit on cryptocurrency formula 1 betting sites?
For our money, Binance is the right option.
It is a vast exchange, the world’s largest. But, more importantly, it doesn’t have any rules against using crypto formula 1 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.
This exchange allows its clients to begin betting on cryptocurrency formula 1 betting sites easily.
Both serious and casual punters are beginning to see the advantages of using crypto formula 1 betting companies.
For such individuals, it is increasingly important that they enjoy privacy, and using crypto gives them that luxury.
Those who register with crypto formula 1 betting companies soon find they have as many sports markets to choose from as with a standard formula 1 betting website.
Aside from the usual hundreds of match and in-play markets, you can look long-term at big events such as the European Championship in soccer and golf’s Ryder Cup.
It is also becoming apparent that the prices offered by cryptocurrency formula 1 betting websites are often superior to regular formula 1 betting sites.
However, cryptocurrency formula 1 betting sites are even more impressive than you think, as users enjoy the following pros:
Low transaction fees
Almost instant deposits and withdrawals
A wide range of crypto specific bonuses
An excellent level of security
Fast registration revealing little personal data
Ultimately, with crypto formula 1 betting sites, you get the gaming experience you always wanted from other formula 1 betting sites but could never get.
Estimates vary, but eSports now attract over 450 million viewers in what is a worldwide phenomenon.
Thousands of global tournaments take place annually, featuring many of the world’s best gamers.
Such is the reputation of eSports that they will likely feature in the Olympic Games one day.
While traditional formula 1 betting sites earned money from eSports, it hasn’t taken long for crypto formula 1 betting websites to follow suit.
Perhaps you can gain an edge if you look into the top performing eSports stars before risking any cash.
Games such as DOTA 2, StarCraft II, and PUBG are among the most popular for tournament purposes.
Common markets on which you can stake cryptos include match outcome, over/under maps and handicap lines.
There’s no question that eSports are here to stay, and cryptocurrency formula 1 betting sites continue to increase their exposure.
When choosing the best crypto formula 1 betting website, here are some things to take into account.
Many people try to sign up to sites without realizing that their country doesn’t permit it.
This isn’t an issue if you use legit cryptocurrency formula 1 betting sites 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 cryptocurrency formula 1 betting platforms will not stop you from registering an account and betting but will block your account when you try to withdraw your gains.
Then these crypto formula 1 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.
Therefore, it is crucial only to use crypto formula 1 betting sites that are legal in your country.
Bypassing this type of regulation will expose you and your funds, making it even more necessary to bet on trustworthy and legit crypto formula 1 betting websites.
Good cryptocurrency formula 1 betting sites that act fairly and will likely return your funds if they catch you.
Stake is a fine example of such crypto formula 1 betting site.
There are several things to note when looking for a high-quality crypto formula 1 betting platform, including reputation.
In general, crypto transactions are quick, carry low fees, and have no central authority to answer to.
However, there is no going back with cryptos transactions.
With no central authority, you’re unlikely to get your money back if you get ripped off.
These specifics of crypto are the reason why the reputation of the crypto formula 1 betting sites you select is vital.
This is why we place such an emphasis on the reputation of the crypto formula 1 betting platforms we review.
Check out our crypto formula 1 betting websites reviews if you’re unsure about the safe crypto formula 1 betting websites you can trust.
When considering whether cryptocurrency formula 1 betting platforms offer good payment terms, we generally look at the following aspects.
There is a disparity in the range of deposit and withdrawal methods available on formula 1 betting websites.
Of course, it’s generally better to have as many deposit methods as possible.
The cryptocurrency market doesn’t ‘pause,’ and top-ranked crypto formula 1 betting sites know this.
You might require quick access to your crypto so you can transfer to a different crypto formula 1 betting website or make a fast trade.
While some cryptocurrency formula 1 betting sites process withdrawals immediately, others can take hours or even days.
You’ll likely want to find cryptocurrency formula 1 betting companies that process withdrawals ASAP.
Standard formula 1 betting sites keep maximum withdrawal limits low.
It isn’t easy to find one that lets you withdraw over $10,000 a month.
Such restrictions are a thing of the past when you use the top crypto formula 1 betting sites.
Yet, there are crypto formula 1 betting websites that only allow you to withdraw small sums.
Why? Because they can’t afford to pay significant amounts of money in one go.
In contrast, the best crypto formula 1 betting sites let you withdraw as much as you want. Stake falls into this category.
Therefore, it is wise to use safe crypto formula 1 betting sites with no withdrawal limits, especially if you wager big.
There is no question that end-to-end formula 1 betting sites that accept crypto are very different from standard formula 1 betting platforms. So let’s look at each option.
Once you put your money into standard formula 1 betting sites that happen to accept cryptos, you’ll find that it automatically becomes fiat.
The same will happen when you withdraw (if they offer crypto as a withdrawal method); they will convert your fiat back into crypto.
Not only do these transactions incur fees, but it also means you no longer hold cryptocurrency while your funds are on the site.
If you strongly believe in cryptocurrencies, it makes no sense to convert them into fiat. Therefore, you should stick with end-to-end formula 1 betting sites with cryptocurrency.
These crypto formula 1 betting sites generally accept a more comprehensive range of digital assets as deposit/withdrawal methods.
But most importantly, they allow you to bet with cryptos directly.
End-to-end crypto formula 1 betting sites allow you to leverage the benefits of cryptos, including:
Higher payment limits
However, don’t assume that you automatically get these benefits from every one of these formula 1 betting sites accepting cryptocurrency.
An end-to-end crypto formula 1 betting site only has the potential to do it; there is no guarantee.
However, only the top crypto formula 1 betting companies offer most of these benefits.
It is easier to split things into three distinct categories.
Typically, cryptocurrency formula 1 betting sites give you bonuses after registration.
These offers often make it seem as if you’re getting a good deal.
Is there a catch? Yes.
Welcome bonuses often have certain conditions.
You might have to bet at least 30 times what you deposit before withdrawing any money, for example.
To get the best out of your funds, we recommend finding cryptocurrency formula 1 betting sites with a solid VIP program and regular promotions.
Average cryptocurrency formula 1 betting platforms don’t go out of their way to provide great promotions.
Instead, they focus on bonuses because they know most people will never meet the requirements.
On the other hand, the best formula 1 betting sites with crypto like to keep things fresh for punters, and unique promotions are part of this strategy.
Besides the fun they add, these promotions can help you increase your balance over time.
Good formula 1 betting sites that accept cryptocurrency usually know the importance of VIP programs with excellent bonuses.
This is a great way to ensure you come back for more.
However, too many companies don’t bother.
This is a shame because a good VIP package can greatly add to the user experience.
As a result, we urge you to look for legit cryptocurrency formula 1 betting companies with outstanding VIP rewards. The best sites will reward your loyalty.
If you need help with something, things go more smoothly when you can quickly and easily chat to a trained customer service operative.
Particularly if you’ve never practiced cryptocurrency formula 1 betting sites before.
Therefore, our reviews of the best crypto formula 1 betting websites in 2021 include a thorough check and testing of their customer service.
Crypto formula 1 betting sites are legal most of the time; however, the exact answer depends on your country of residence.
It isn’t clear-cut because it depends on cryptocurrencies and formula 1 betting website law in each jurisdiction.
Although crypto is legal or tolerated in most countries, regulators are generally more severe with formula 1 betting sites.
Yet, there are good cryptocurrency formula 1 betting platforms that let you register even if it isn’t legal in your country.
If you have a VPN, your transactions are out of the glare of a centralized authority, which means regulators have their work cut out.
The anonymity of this means of payment rests on cryptocurrency addresses (privately created by each user’s wallets) which are the only information used to define where cryptos are and where they are sent.
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 cryptocurrency network.
There are numerous Blockchains involved in the transaction confirmation process, and they occasionally become overwhelmed.
Faster transactions are possible if you pay more. Doing so ensures your transaction skips the Blockchain queue.
The withdrawal process goes through the same procedure as when you deposit. However, the majority of crypto formula 1 betting sites also have to authenticate the action manually.
Some operators take up to a few days to validate your request, whereas other sites skip this validation step, making withdrawals as fast as deposits.