In this ultimate resource, you will discover the best Ethereum formula 1 betting sites in 2021 available in real-time.
If you want to deposit, withdraw, or bet using Ethereum , all of these highly regarded sites can help you.
This article looks at the following aspects of ETH formula 1 betting sites:
How to choose them
The best exchanges that don’t prohibit the use of their services for wagering in 2021
Let’s dive in.
There is only one digital asset that has a larger market cap than Ethereum.
An English computer scientist, Gavin Wood, and a Russian-Canadian programmer, Vitalik Buterin, released the cryptoasset in July 2015.
Ethereum is similar to many top-rated digital assets but can potentially rise even higher in value.
If you’re interested in using Ethereum on formula 1 betting websites, here are a few upsides and downsides.
Ethereum offers lower transaction fees than if you deposit using fiat currency
ETH has a reasonable transaction time of approximately 12 seconds
Only a handful of digital coins have a better privacy level than ETH
While many coins have fixed transaction fees, the more Ethereum you transfer, the higher the fee
Many formula 1 betting sites still prefer other cryptoassets to ETH, which means your choice is more limited
Specific Ethereum formula 1 betting sites don’t have the same licensing or regulation as formula 1 betting sites that use fiat currency
Do ETH formula 1 betting sites intrigue you, but you’re not entirely convinced yet?
We’re sharing several reasons why they are worth your attention.
Fiat currencies are fast becoming yesterday’s news.
Inflation reduces their value every day.
Governments prefer these centralized currencies as they help them keep control over the financial system.
Banks decide if and when you can or can’t use them.
Fiat currencies are not the future.
Ethereum is the new money in 2021.
A ETH doesn’t need intermediaries to be exchanged.
You don’t have to concern yourself with payment gateways.
You keep the traditional banking system out of the loop.
All you need is a reliable VPN to register an account on ETH formula 1 betting platforms.
You can now start using sites that generally don’t allow users from your country.
In any case, some end-to-end Ethereum formula 1 betting platforms allow punters from almost every country in the world.
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 formula 1 betting websites that forbid users from your country. For instance, you could have your account frozen, which means you can’t access your money.
You might know that banks don’t appreciate online formula 1 betting websites.
Banks can cause problems for anyone who uses formula 1 betting sites. They have even turned down the mortgage applications of many individuals for that very reason.
The fact that they only spent small sums on these formula 1 betting websites was irrelevant.
It is different with Ethereum formula 1 betting websites. You can use them without the bank’s knowledge.
Also, your pastime remains a secret from everyone.
wagering on traditional formula 1 betting companies with fiat currencies means you get stuck with fiat.
With fiat currencies, you lose purchasing power every minute.
Instead, set up an account on a Ethereum formula 1 betting website, and there’s a good chance your ETH balance will rise.
If you’re anything like us, you have had issues trying to deposit money on formula 1 betting websites.
One of our team couldn’t access their bank account for a month.
Do you know why? He went to a formula 1 betting website and used his credit card to make a deposit.
What he didn’t know was that the UK applied a new regulation in April 2020.
After a warning from his bank, he couldn’t make any more deposits on the formula 1 betting websites he used before.
With Ethereum , you will not need to beg your banker ever again.
You can find standard formula 1 betting sites that will take ETH, but they are behind the times.
Issues include slow withdrawals, poorly designed websites, low-quality customer service, and more.
On the contrary, the best formula 1 betting sites that accept Ethereum are more modern, have better technology, and target a more educated audience.
This translates into better, more competitive, and safer ETH formula 1 betting companies overall, with better payments, more frequent promotions, higher-quality support, and more.
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 companies, your deposit and withdrawal amounts are very limited, with slow transactions.
The Curaçao Gaming Authority regulates many of the best Ethereum formula 1 betting platforms; however, this is a less strict form of financial regulation.
Less financial regulation means fewer limits and faster (sometimes instant) payouts.
For example, some of the top ETH formula 1 betting websites offer instant and unlimited deposits and withdrawals. That’s unseen in the traditional formula 1 betting site industry.
That said, it takes time for different blockchains to process your transactions, so please take note of this.
For fans of motorsports, Formula 1 is the pinnacle of speed and excitement.
F1 cars are the world’s fastest regulated road-course racing cars, capable of reaching top speeds of over 210mph (336kph)!
Becoming a Formula 1 driver is an extraordinary achievement, as only 20 people can compete each year.
If Formula 1 is your number 1 sport, you’re possibly keen to learn more about the markets worth staking on.
Fortunately, it is now possible to place Ethereum on Ethereum formula 1 betting sites.
The grand prize is the Formula 1 Driver’s Championship.
The driver that earns the most points during the season wins the championship.
Typically, only a handful of drivers from the top-ranked teams have any chance of winning it.
People who bet on Ethereum formula 1 betting sites often enjoy the challenge of picking the #1 team.
As you can guess, it involves backing the F1 constructor that earns the most points.
With two drivers on each team, you have to decide which constructor has the most reliable cars.
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.
F1 lovers also enjoy the Driver’s Specials, including deciding if one driver will outperform his teammate.
If you like the tactical aspect of Formula 1, staking ETH on the first team to make a pit stop might appeal.
You have to decide how many race wins a driver or team will have in a season.
With this fascinating market, you can choose one driver or team to beat the other.
Will Perez beat Bottas, and will Aston Martin earn more points than AlphaTauri if either team can get any!
Many exchanges have policies against ETH formula 1 betting websites.
You may find your account frozen and your funds confiscated if you’re caught using their website to fund your Ethereum formula 1 betting website account.
Believe us; it is simple for them to get this information. Want to know how? Let’s find out.
The most serious exchanges use blockchain forensics software to track transactions on the blockchain.
It is very hi-tech stuff, and a few of these exchanges proved it by sending us notifications.
So, what is the top-rated exchange if you want to get involved with ETH formula 1 betting websites?
The answer is Binance.
Not only is it the biggest exchange in the world; it has never had any policy against ETH formula 1 betting sites, ever.
As well as being the biggest, it is also the best exchange: it offers low fees, rapid withdrawals, excellent security, more currency pairs than other exchanges, and much more.
By using Binance, you can deposit and bet on your favorite ETH formula 1 betting site almost instantly.
Many users of sports markets now register with Ethereum formula 1 betting sites and deposit ETH.
They realize that anonymity is one of the major benefits of using Ethereum .
Ethereum formula 1 betting sites have grown to the stage where they match or even exceed what traditional formula 1 betting sites offer regarding sports markets.
Apart from everyday events, you can view special markets for major events like the World Cup, the Olympic Games, and the Super Bowl.
You’ll also find that Ethereum formula 1 betting platforms provide better odds for various markets than a standard formula 1 betting website.
There are also plenty of other advantages, including:
Minimal transaction fees
Lightning-quick deposits and withdrawals
Better bonuses and promotions
A high level of security
Easy registration with minimal personal information required
Ultimately, with Ethereum formula 1 betting sites, you get the gaming experience you always wanted from other formula 1 betting websites but could never get.
Estimates vary, but eSports now attract over 450 million viewers in what is a worldwide phenomenon.
Tournaments take place virtually every day and involve elite gamers.
Such is the reputation of eSports that they will likely feature in the Olympic Games one day.
Initially, regular formula 1 betting sites dominated the eSports markets, but ETH formula 1 betting sites are catching up fast.
If you want to learn more about electronic sports, it is best to perform research so you can identify the best individuals and teams.
There are plenty of important tournaments featuring games such as Overwatch, FIFA, and League of Legends.
eSports markets are often very similar to other sports and may include tournament winner, over/under, and half markets.
Ethereum formula 1 betting sites are helping promote eSports, so you can expect this form of entertainment to become ever more popular.
Here are some essential factors when looking for the best Ethereum formula 1 betting website.
Many people try to sign up to sites without realizing that their country doesn’t permit it.
Legit Ethereum formula 1 betting sites will not allow you to register an account and deposit funds if you’re visiting the website from one of their restricted countries.
Sadly, some unreliable Ethereum formula 1 betting companies will not stop you from registering an account and betting but will block your account when you try to withdraw your gains.
At this stage, such ETH formula 1 betting sites will ask for verification. But, of course, once you try to go through the process, you’ll find that you can’t use the site legally and lose all your money as your account is blocked.
That’s why you must make sure the ETH formula 1 betting sites you choose accept users from your country.
If you decide otherwise at your own risk, make sure you bet on trustworthy and legit ETH formula 1 betting sites that allow for more anonymity.
Look for good Ethereum formula 1 betting sites that return your money even if they find out you’re not allowed to bet.
Stake is one such site.
When choosing your Ethereum formula 1 betting website, there is another issue to consider.
You can benefit from rapid Ethereum transactions with minimal fees because there’s no central authority red tape.
However, there is no going back with Ethereum transactions.
Without the “protection” of a central authority, you can forget about a refund if Ethereum formula 1 betting sites are dishonest.
That’s why reputation and ethics go a long way with Ethereum formula 1 betting companies.
Our assessment of the best Ethereum formula 1 betting sites therefore includes a particular focus on their reputation.
To save yourself some time, have a look at our Ethereum formula 1 betting websites reviews to make sure you only wager on safe Ethereum formula 1 betting sites.
It is essential to find ETH formula 1 betting sites that help you manage your transactions, and we typically take the following factors into account in our ratings.
There is a disparity in the range of deposit and withdrawal methods available on formula 1 betting websites.
Keep your options open by selecting a site that lets you deposit or withdraw in several ways.
The ETH market doesn’t ‘pause,’ and top-ranked formula 1 betting sites with ETH know this.
In this matter, speed is king. If an opportunity arises, you’ll want to get access to your ETH quickly. For example, you might find something interesting on another Ethereum formula 1 betting site.
In some cases, formula 1 betting sites that accept Ethereum process withdrawals in seconds. Other sites are slower and could take several days.
In general, when it comes to withdrawal speed on Ethereum formula 1 betting websites, faster is better.
You’ll find that standard formula 1 betting websites often heavily limit the amount of money you can withdraw at once.
Indeed, finding one that enables withdrawals totaling $10,000 a month is tough.
Such restrictions are a thing of the past when you use the top formula 1 betting sites accepting Ethereum.
Nonetheless, not all formula 1 betting sites with Ethereum provide high withdrawal limits.
This is because they generally don’t have a large amount of money to hand.
In contrast, the best Ethereum formula 1 betting sites let you withdraw as much as you want. Stake falls into this category.
You should aim to register on safe Ethereum formula 1 betting companies that offer unlimited withdrawals, even more if you’re a high-staker.
There is a big difference between traditional formula 1 betting websites accepting Ethereum and Ethereum formula 1 betting sites (end-to-end).
Once you put your money into standard formula 1 betting platforms that happen to accept ETH, you’ll find that it automatically becomes fiat.
The same will happen when you withdraw (if they offer ETH as a withdrawal method); they will convert your fiat back into ETH.
This means you don’t have any Ethereum in your account after the deposit. You can also expect to pay transaction fees.
This is terrible news if you think Ethereum ’s price will rise. Instead, using end-to-end Ethereum formula 1 betting websites is a better idea.
For one thing, you can deposit or withdraw using many different digital assets on such Ethereum formula 1 betting platforms.
But most importantly, they allow you to wager with Ethereum directly.
End-to-end ETH formula 1 betting websites allow you to leverage the benefits of Ethereum , including:
Higher payment limits
Of course, not all end-to-end Ethereum formula 1 betting platforms offer all these benefits.
Just because these Ethereum formula 1 betting websites CAN give you these benefits, it doesn’t mean they WILL.
You’ll discover that only the top Ethereum formula 1 betting sites care enough about their customers to provide these advantages.
It is easier to split things into three distinct categories.
Typically, ETH formula 1 betting sites give you bonuses after registration.
At first glance, it seems as if the formula 1 betting site is being extremely generous.
If you think there is a catch, you’re correct!
Welcome bonuses often have certain conditions.
For instance, you may have to bet up to 60 times your initial deposit before you can withdraw, among other limitations.
Therefore, you should focus on Ethereum formula 1 betting sites with valuable promotions and VIP programs. These benefits are usually far better than any welcome bonus.
In general, standard Ethereum formula 1 betting sites provide poor-quality promotions.
As we mentioned earlier, their preference is to provide restrictive bonuses.
The best Ethereum formula 1 betting sites offer modern services, and as a result, offer a lot of great promotions.
Besides the fun they add, these promotions can help you increase your balance over time.
Good Ethereum formula 1 betting platforms usually know the importance of VIP programs with excellent bonuses.
After all, it is a great way to keep you entertained.
Still, many of them don’t.
When done right, a VIP program can significantly boost the level of enjoyment.
As a result, we urge you to look for legit Ethereum formula 1 betting sites 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.
This point is even more valid for beginners on Ethereum formula 1 betting companies.
When determining the best ETH formula 1 betting sites in 2021, we tested and rated each site’s customer service quality so you don’t have to.
ETH formula 1 betting websites are allowed in most countries. However, you need to check your country’s rules to know for sure.
It isn’t clear-cut because it depends on Ethereum and formula 1 betting website law in each jurisdiction.
While Ethereum is generally okay to use, it is a different story when it comes to formula 1 betting platforms.
Even if your country doesn’t allow it, you could still find good Ethereum formula 1 betting sites that let you wager.
Things are even more difficult for regulators as many people use a VPN nowadays to navigate the web more privately.
The anonymity of this means of payment rests on Ethereum addresses (privately created by each user’s wallets) which are the only information used to define where Ethereum are and where they are sent.
One easy way to retain anonymity is to use a new address each time you receive payment. Also, remember that you can use various wallets, each one with a different aim.
For a truly secure wallet with two confirmations from the network, the transfer can take from five minutes to an hour, depending on the ETH network.
There are numerous Blockchains involved in the transaction confirmation process, and they occasionally become overwhelmed.
You must pay an extra fee if you want to avoid having your transaction delayed by the Blockchain queue.
The withdrawal process goes through the same procedure as when you deposit. However, the majority of Ethereum formula 1 betting websites also have to authenticate the action manually.
The time it takes varies depending on the formula 1 betting site accepting Ethereum. Some sites go through a long validation process which takes days. Others don’t complete this step and ensure your withdrawal happens as quickly as a deposit.