Advantages of Using Cryptocurrency Bets
You might be wondering, why should you do cryptobetting in the first place. Well, the answer lies in the benefits cryptocurrencies bring to the table. Let’s go over them briefly.
✔ Instant Transactions
The biggest benefit of using cryptocurrencies is instant transactions. Deposits are instant anyway in the betting industry, but withdrawals are a huge bottleneck for fiat currencies. Crypto wallets, on the other hand, crypto wallets will credit the money within 3-5 minutes!
It’s understandable why a lot of you are not comfortable sharing your bank details and other sensitive data on the internet. A crypto sports betting site will work based on your wallet address only. So you don’t risk losing sensitive information to hackers when betting with crypto.
Popular Crypto Exchanges for Betting
A crypto exchange is where you buy crypto tokens as well as exchange the ones you win into fiat money. The Philippines has all the major names available for regular bettors. Here are our top 3 picks in the country.
The most widely used crypto exchange all over the world. Remember we recommended using Coinbase as a wallet too? It’s simply because the company has designed a 360-degree experience for all crypto users. You buy the crypto, use the wallet, and exchange the crypto into fiat money in one place!
Binance is another popular name in the Philippines. It’s more than an exchange. Binance has established itself as an accessory to the crypto lifestyle. You can use it for DeFi, passive earning, trading NFTs, and whatnot. Needless to say, you can pretty much buy all available crypto tokens.
Although this particular exchange doesn’t make a lot of noise, it’s one of the best options for crypto betting in the Philippines. It’s an excellent investment platform along with being a crypto trading platform. For your sports betting crypto needs, you can buy and sell your crypto here.