More info about cryptocurrencies
How to use Bitcoin to deposit or withdraw?
Crypto gambling or crypto betting sound familiar to you? If not, you may want to learn more about cryptocurrencies as they have became extremely popular as a payment method for sports betting. We recommend you to look closely among the cryptocurrencies we accept, as all of them are convenient and cost effective compared to other traditional payment channels.
At the top is of course Bitcoin, and you can get started with Bitcoin without understanding the technical details. To deposit into your Easysportbet account with Bitcoin, just follow these few easy steps:
1. Sign up to a cryptocurrency exchange:
The most popular choices are (any order): Coinbase, Bitstamp, Binance, Kraken. We recommend Binance for multiple reasons that we explain in the following article: Depositing With Binance.
2. Buy Bitcoin (BTC):
Depending on the exchange you use, you can either buy directly Bitcoin with your credit card (for example on Coinbase) or deposit in your local currency. If the latter, once your account is credited in fiat currency, you will need to trade your funds to Bitcoin (BTC). Please note that according to latest info from Bitstamp, you can now deposit to their service using Paypal.
3. Deposit into your Easysportbet account:
Go to the deposit menu of your Easysportbet account, click on Bitcoin and find your personal deposit address. Copy this address and go back to your cryptocurrency exchange in order to send the funds to this address.
Bitcoin deposits are usually credited within 15 to 30 minutes (3 network confirmations). Your Easysportbet account will be credited in EUR using the best rate available among our providers.
Can I use cryptocurrencies other than Bitcoin to fund my betting account?
Yes. Unlike other betting brokers, we offer a wide range of alternatives so that betting with cryptocurrency becomes real.
Ethereum (ETH) and Litecoin (LTC) have been on the crypto market for a while now, and are used in a similar way to Bitcoin for both depositing and withdrawing.
Lumen (XLM) is the cryptocurrency for Stellar, an open source blockchain payment system. The transfer of lumens does not need approval from cryptocurrency miners, therefore the network enables quicker transactions: your Easysportbet account will be credited instantly. In addition to your XLM deposit address, please do not forget to mention your address tag.
Tether USDT, True USD, USD Coin (USDC through Polygon) and DAI are known as stablecoins: they maintain a stable value relative to the US dollar. Basically, stablecoins give you the advantage of cryptocurrencies without having to worry about price volatility. We also accept Stasis EURS, the stablecoin backed by the Euro. To this day, no other betting agent offers so many cryptocurrency deposit options, so do not miss out and start betting with Easysportbet!