What’s the newest asset class taking the investment world by storm? Cryptocurrency. Lack of regulation is its biggest appeal. The mushrooming of cryptocurrency is proof that it’s moving toward mainstream acceptance. There are very few brokerage agencies that allow using cryptocurrencies to fund your betting account.
What is a cryptocurrency? Technically, cryptocurrency, also known as digital currency, are entries made in a digital ledger which cannot be tampered with unless they fulfill certain conditions. In other words, it is a peer-to-peer electronic cash system. Ultimately, cryptocurrency is a medium of exchange created and stored electronically in the blockchain using encryption techniques with a two-fold purpose:
- To control the creation of monetary units.
- To verify the transfer of funds.
As such, cryptocurrencies have become a staple in the lives of bettors all over the world. The biggest advantage of cryptocurrency for gambling is it provides a way for gambling sites to process transactions directly to and from their users without having to go through an external payment processor—many of whom refuse to provide service for gambling sites. This is why such leading betting agent like BET-IBC, offers the possibility to use Cryptocurrency as a payment method to deposit into your betting account and gamble in all its glory.
When you hear the term “Cryptocurrency”, Bitcoin is the most likely thing to come to mind because of it’s pioneering the industry of digital currency, and because of its wide reach, spanning all over the world. Online sports betting is clearly a win-win for all sports fans and betting enthusiasts, but it only gets better than this. Add Bitcoin to the equation then you’ll find yourself enjoying Bitcoin gambling on sports. If you’re ready to wager bitcoins, then you’d better prepare for the real action in sports. Bitcoin sports betting packs a wallop that you wouldn’t want to miss.
When it comes to BET-IBC, Bitcoin is not only accepted payment method but preferred one. You have the chance to get a free betting account via best broker and remain in your privacy totally by using Cryptocurrency as payment method to fund your betting accounts, alongside to commonly used e-wallets.