Ethereum Betting Sites | Coinbetin.com

It can be difficult to decide which cryptocurrency is worth investing in, as there are so many cryptocurrencies on the market. It can be difficult to find a website that accepts cryptocurrency if you are interested in gambling online.

Ethereum was launched in 2015. It is undoubtedly one of the most well-known cryptocurrencies. However, if you aren’t familiar with cryptocurrency, you might have some questions. We’ve collected some of the most frequently asked questions for our Ethereum review.

But before we get into the details of how Ethereum can be used with gambling websites, it is important to know exactly what it is.

What is Ethereum used for in sports betting? Is it safe?

This brings us to the topic of Ethereum being used on gambling websites. While cryptocurrency is not as well-known as other payment options like debit cards or eWallets, it is still a popular option for most bookmakers.

Security

Ethereum wallets work just like bank accounts. However, you can easily switch providers at any moment. Each wallet has an Ethereum address that you can use to transfer funds.

ETH transactions are decentralised. This means that no other party is involved, not a bank, government or third-party payment service. It can be accepted as a payment option on an online gambling site. A credit card issuer could block payment.

Websites that offer Ethereum sports betting

Once you have a better understanding of Ethereum and how it can be used to wager on sports, it’s time to find out which online bookies will accept it. Last, ETH is the most popular version of Ethereum. However, some online bookies accept ETC (Ethereum Classic), which is the original virtual currency.

Here is a list of trusted bookies that accept both or both as payment methods: