![]() ![]() The existing market for bitcoin sports betting in the legal US market is limited at this time. These currencies can be used to easily move funds in and out of an online sports betting account. With regards to sports betting, cryptos can be an efficient banking option. Value is determined on an open exchange between buyers and sellers. It does not have any ties to governmental or financial institutions. The easiest way to describe cryptos such as Bitcoin is as a decentralized currency. However, there are several different cryptocurrencies that could impact the online sports betting marketplace. However, more and more legal US-based sportsbooks are looking for ways to expand their banking options with Bitcoin.īitcoin is the clear market leader compared to other crypto. Verified: INTRO TO CRYPTO SPORTS BETTINGĬryptocurrency for sports betting is much more prevalent on an international level. However, bitcoin sportsbooks are also making some major inroads in the legal US sports betting industry. Most of the attention has come from investors in the world’s biggest cryptocurrency. Bitcoin (BTC) has been a hot topic in the news all year long. ![]()
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