A question that we get from most readers is about which cryptocurrency is the best for sports betting. As there are many options to choose from, it’s understandable why people would be interested in learning more about this.
Luckily for you, we’ve done the research and found the best currencies that you can use on the best Ethereum betting sites. You can use these to wager on your preferred sporting event easily. Take a look.
Bitcoin
Being the first cryptocurrency ever made, Bitcoin is the most popular choice of cryptocurrency for betting even on the best Ethereum sites. It’s so popular that even betting sites with limited coverage of cryptos will support transactions with this.
If you can stake Bitcoin on the different sporting events and you manage to win, you’re set for life. Even if you hold on to this Bitcoin, it’s going to be a great decision for the future.
While there are ups and downs in the price, it will continue on a steady climb in the years to come. That’s because of it’s limited quantity. If you ask investment experts, they’ll recommend investing in BTC if you can afford it. So, no wonder it’s popular among bettors.
Ethereum
Currently, Ethereum is the cryptocurrency with the second largest market cap. Its price is quite good, but it's comparatively easier to get than Bitcoin as it’s a cheaper option.
As it’s the second most popular crypto in the industry, it makes sense why you can find the best Ethereum bookmakers so easily. It’s quite safe to use ETH as the transactions are encrypted and offer the highest level of security similar to many of the other cryptocurrencies in the industry.
Bitcoin Cash
As Bitcoin is so expensive, everyone can’t get their hands on it. But you might want to enjoy the same level of safety and reliability as using BTC. That’s where Bitcoin Cash comes in.
Created as a fork of Bitcoin, this altcoin is considerably cheaper to get your hands on.
It’s also quite popular with the best Ethereum bookmakers, so you should have no issues using it for your sports betting needs. If you check the payment section, you should find it listed as one of the methods to use for depositing money to bet on sports.