Best Betting Cryptocurrency Exchanges to Buy and Sell BTC and Cryptos in April 2025

Crypto gambling enthusiasts can enjoy the best of both worlds through betting cryptocurrency exchanges. These platforms, which have been around for a while, allow users to wager on their favorite sports betting games and comfortably trade Bitcoin and other popular cryptocurrencies.

However, don’t rush into any site you come across online, as that could be risky. Instead, choose the best options to guarantee you seamless wagering and trading.  

In this guide, we will review some of the top sports betting crypto exchanges, including every important detail you need to know about wagering and trading on these platforms.

Top-Rated Sports Betting Crypto Exchanges

Best Betting Cryptocurrency Exchanges 2025

After considerable research, we have put together a list of some of the best betting cryptocurrency exchanges. Below are our top picks: 

1. Stake – Best Betting Cryptocurrency Exchange Overall 
2. FortuneJack – Top Sports Betting Crypto Exchange with Multiple Betting Markets 
3. MegaPari – Best Sports Betting Crypto Exchange for Anonymous Betting 
4. BC.Game – Top Betting Cryptocurrency Exchange with Variety of Payment Options 
5. GamDom – Best Betting Cryptocurrency Exchange with No Wagering Requirements 
6. Cloudbet – Best Betting Cryptocurrency Exchange with Fast Payouts 
7. Weiss – Best Sports Betting Crypto Exchange with Attractive Web Design 
8. Bets.io – Top Betting Cryptocurrency Exchange with Generous Welcome Bonus 
9. Playbet.io – Best Sports Betting Crypto Exchange with Competitive Odds 
10. 1XBIT – Top Betting Cryptocurrency Exchange for No KYC Betting

The Leading Betting Cryptocurrency Exchanges Reviewed

If you are new to betting cryptocurrency exchanges, finding the best sites could feel overwhelming. This is why we have taken it upon ourselves to review the top sites currently available on the internet.  

While each platform serves the core purpose of trading and wagering, they also offer unique features that set them apart. In our in-depth review below, you will discover what makes these sites the best and why you should consider playing on them today.

1. Stake – Best Betting Cryptocurrency Exchange Overall

Bettors are spoiled for choice when it comes to online gambling at Stake. The site is currently one of the most popular sports betting crypto exchanges available, offering numerous events, competitive odds, and wagering markets to its users. It also displays all the popular odds formats, including decimal and American, to give international players more flexibility when making a wager. 

Adding to its extensive sportsbook, Stake also has a well-built casino section that offers games like roulette, blackjack, and live dealer games. Regardless of whether you choose to play in the sportsbook or the casino, there are great opportunities to make a profit on your wager.

When betting on the site, you have access to hi-tech search tabs in the casino and sportsbook sections. This feature allows you to search for all of your games and sporting events by name. Stake also further eases the wagering process by offering numerous specific guides that cover all of its offerings.

Making payments at Stake is seamless, as the site offers 33 different options for your transactions. While most of the payment methods are cryptocurrency-based, there are also a handful of fiat methods for those who are more comfortable with this option. As you continue to wager, the casino grants you access to numerous prizes and giveaways to boost your bankroll. There is also a responsive live chat feature and email support to resolve all trivial and non-trivial issues you may encounter at Stake. 

2. FortuneJack – Top Sports Betting Crypto Exchange with Multiple Betting Markets

FortuneJack is designed for both experienced gamblers and people new to crypto betting. It has a vast variety of games, sporting events, and payment options, all shielded by advanced privacy protocols.

On the site, all of the games are provably fair and are powered by top software developer companies in the world to ensure the highest quality when wagering in the casino. Similarly, it offers both popular and niche betting markets alongside competitive odds for sports betting enthusiasts.

When making deposits with Bitcoin, Solana, Ethereum, and USDT, players do not have to observe any minimum deposit limit. As such, you can deposit any amount you want and immediately begin wagering. However, if you want to receive a signup bonus, you must deposit at least 0.002 BTC. This amount is relevant for the cashback offer, while the bonus funds require a 0.005 BTC deposit. Altogether,  you can receive up to 200,000 USDT when you sign up.

As you play, FortuneJack makes more bonuses and rewards available via its loyalty program. The moment you open and verify your account, you automatically get keys for your Loyalty Garage. Subsequently, the more bets you place, the more Status Points you earn, and the bigger your rewards become.

Beyond its bonus offerings, FortuneJack has one of the biggest affiliate programs among sports betting crypto exchanges. At the end of each month, the site multiplies your commission percentage by the total net revenues generated by all the players you have referred and credits you with the amount.

3. MegaPari – Best Sports Betting Crypto Exchange for Anonymous Betting

Every day, online gambling continues to evolve, and MegaPari is one of the many betting cryptocurrency exchanges leading the charge. For its sportsbook, the site offers top disciplines and competitions, as well as niche sports betting events. So, while you will regularly find events for football, basketball, badminton, and cricket, don’t be surprised to see options for breakdancing, kabaddi, korfball, and surfing. MegaPari also offers esports betting and allows players to bet on a variety of gaming tournaments.

To cater to players who prefer immediate outcomes, MegaPari offers a wide range of live betting markets where they can make wagers and see the results within a few minutes. It also has a play-by-play page, where bettors can find game statistics and other useful information available for both live and standard bets.

When it comes to casino gaming, bettors have access to different slot machines, table games, crash games, scratch cards, bingo, and more. For the convenience of finding the necessary game, MegaPari has nifty filters. With this feature, you can filter out the creations of a particular developer, new games, or only the most popular titles. Similarly, you can show only slot machines that are eligible for wagering with previously received bonuses.

For your transactions, the site supports more than 120 available currencies. These options include all the top cryptocurrency options like Bitcoin, Dogecoin, Ethereum, and more, as well as numerous fiat currencies. Meanwhile, MegaPari doesn’t have a live chat to help resolve issues during gameplay. As alternatives, there are three different email addresses for questions on specific topics, two support telephone numbers, and a Telegram chat.

4. BC.Game – Top Betting Crypto Exchange with Variety of Payment Options

BC Game is part of a new wave of betting cryptocurrency exchanges that are taking the reins from traditional online gambling platforms. For its sports betting offerings, there is a wide range of events and betting markets, especially for football, along with solid options for other popular games like basketball and cricket. BC Game’s casino section is also impressive and has a special focus on offering top-notch live casino games, including roulette, blackjack, and even titles like Monopoly. 

If you want to play while on the go and do not have access to your desktop, BC Game offers a dedicated app that includes all of its sportsbook and casino offerings. What’s more, you’ll still enjoy access to the same $20,000 worth of welcome bonuses, as well as other perks like the NBA betting insurance promotion.

The site supports numerous top cryptocurrencies for all your transactions. Additionally, if you want to exchange your current digital coin, BC Game has a swap feature called BC Swap, which allows users to exchange cryptocurrencies instantly without waiting for any manual review. BC Game is also one of the few sports betting crypto exchanges with an exclusive in-house bank called Vault Pro. Unlike traditional banks, Vault Pro offers an annual percentage rate (APR) of 5% on your deposits.

Regarding security, there are very few sites that offer the same protection level as BC Game. Beyond boasting multiple encryption measures, the platform also allows the use of two-factor authentication through the Google Authenticator app. Hence, all unauthorized access is never allowed, which allows players to gamble with no worries about being impersonated.

5. Gamdom – Best Betting Cryptocurrency Exchange with No Wagering Requirements

With innovation at its core, Gamdom promises a next-gen betting experience for all players who visit the platform. After signing up, users can claim up to 15% rakeback, one of the largest welcome offers in the gambling scene. To activate this reward, bettors must wager on any of the numerous sports in the sportsbook or play high-stakes games such as slots, crash, dice, hilo, and roulette.

Gamdom supports 15 cryptocurrencies for transactions, which include Bitcoin, Litecoin, Ethereum, and more. While this number might be smaller than other betting cryptocurrency exchanges’ bonuses, the perks that come with these coins are far more rewarding.

For instance, the minimum deposit limit is as low as $11, making the platform accessible to casual gamblers and low rollers. Additionally, there’s no maximum withdrawal limit, meaning you can make unlimited withdrawals. So, whenever you hit a big win, you can receive your payout in one seamless transaction instead of multiple ones.

As you continue to wager at Gamdom, there are numerous promotions to take advantage of. These include Goal Hunters, GG Guarantee, Smart Cash, and Combo Charge for sports betting enthusiasts. Meanwhile, casino lovers can enjoy offers like the Friday Free Spins Giveaway, Drops and Wins, and the Weekend Wager Promotion.

To ensure that all players enjoy a smooth gameplay experience, Gamdom provides 24/7 live support. Within minutes of inquiring, you will receive assistance from an experienced customer support representative. No matter what your concern is, the support team can handle it completely free of charge.

The Top Betting Cryptocurrency Exchanges Compared

We have put together a table with the list of our 10 best betting cryptocurrency exchanges. This table includes information on their sign-up bonus offers, supported cryptocurrencies, and more. 

How to Select the Best Betting Cryptocurrency Exchanges

Selecting the best betting cryptocurrency exchanges requires careful evaluation to ensure that your chosen platforms are legitimate. Without proper scrutiny, you risk selecting sites that could expose you to security risks or result in the loss of your funds.  

To help you make informed choices, we have prepared a step-by-step guide outlining what to consider during your selection process. Each step covers a key aspect of what the best betting cryptocurrency exchanges should offer and provides insights on how to evaluate your preferred platforms using these criteria.

Reputation & Trustworthiness

On the internet, you will find both older and newer sports betting crypto exchanges. The former are usually more well-established and have built a solid reputation over their years of existence. As such, they are the best options when selecting platforms for betting and trading.  

However, if you want to try out newer options, make sure they are properly licensed by reputable gaming authorities like the Curaçao Gaming Authority (CGA) or the Malta Gaming Authority (MGA). Additionally, check reviews on platforms like Trustpilot, Reddit, and other betting forums to ensure that previous users have had a positive experience playing on these sites.

Supported Cryptocurrencies

Since you will be wagering and trading with digital coins at betting cryptocurrency exchanges, it means that the types of cryptocurrencies offered will play a part in determining which sites you select. First, ensure that your preferred sites support the most popular coins, as these tend to offer some resistance to the volatility of the crypto market. Additionally, there should be a wide selection of altcoins to provide flexibility when choosing a payment method.

Betting Markets & Odds

Players should carefully ensure that the platform they select offers a wide range of betting markets. This should include popular options like Over/Under and Totals, as well as less familiar choices such as handicaps for all the sports events provided. Similarly, the displayed odds should be highly competitive to maximize bettors’ potential winnings. Also, be on the lookout for an odds booster feature, which can further increase the odds on most events.

Remember, wagering on events is one part of what players do at sports betting crypto exchanges. That’s why the betting markets and odds on these platforms matter a lot when making your selection.

Bonuses & Promotions

Betting cryptocurrency exchanges typically require a larger bankroll from players since they involve both wagering and trading. Therefore, these platforms should offer numerous bonuses and promotions to reward players’ financial commitment.

Ideally, any platform you choose should provide a welcome bonus that rewards your initial deposits. Also, look for cashback offers, rakebacks, free bets, and free play options, especially if a welcome bonus is not available. Other promotions, such as loyalty programs, referral programs, and raffles, are also valuable incentives that should be available to enhance the overall experience.

Security & Anonymity

Any sports betting crypto exchanges you select must be secure and private to protect your funds and data. First, there should be little to no KYC (Know Your Customer) requirement, allowing you to trade and wager anonymously. Next, check if these platforms are regularly audited to avoid delays in payouts or potential rigged events and games.

Equally important is the presence of two-factor authentication and SSL encryption. When these security measures are in place, it becomes extremely difficult for hackers to impersonate you and steal your funds. Additionally, the sites you select should offer a vault where players store funds of any kind for as long as they wish.

Speed of Transactions

The speed at which you make deposits and withdrawals will determine your participation in time-sensitive bets and trades. As such, your selection process should prioritize the speed of transactions on the platforms you want to join.

This mainly involves evaluating the processing time of transactions, which refers to how long it takes for the platform to approve your withdrawals and deposits. You can test this by making small deposits and withdrawals using the payment methods or by reviewing the site’s transaction information.

User Experience

A smooth interface enhances your betting and wagering experience. Therefore, the sites you select must be user-friendly and optimized for both mobile and desktop use. Ideally, they should also offer dedicated apps for players who prefer not to use their browsers for wagering or trading.

In addition to the aforementioned features, the selected sites must offer betting tools like quick bet slips, filters, and search functions. Similarly, trading tools should be available to help novices quickly begin buying and selling cryptocurrencies.

Customer Support

As a follow-up to having a great user experience, the selected sites should offer top-notch customer support. The support must be available around the clock, regardless of the number of ongoing sports events on the betting cryptocurrency exchange.

In this regard, the sites should provide both live chat and email channels for resolving players’ issues. Additionally, an FAQ or help center, if available, will help educate players on solutions to more trivial requests.

Transaction Fees

Some betting cryptocurrency exchanges request transaction fees when making deposits and withdrawals. It’s best to avoid these options and choose platforms that do not charge fees.

However, if this is unavoidable, any exchange you select should request minimal, easily affordable fees. This allows you to retain more of your bankroll for wagering and trading while keeping a larger percentage of any earnings you make.

What are Betting Cryptocurrency Exchanges?

Betting cryptocurrency exchanges are online platforms where gambling enthusiasts wager on sports, casino games, or other events using digital currencies like Bitcoin (BTC), Ethereum (ETH), or stablecoins (USDT, USDC).

Beyond the use of crypto for wagering, players can buy and sell these digital coins, just as they would on a traditional trading platform. This provides the best of both worlds on one site, which traditional online gambling platforms do not offer.

Furthermore, these platforms operate on blockchain technology, ensuring that all transactions are secure, transparent, and tamper-proof. Via this technology, players enjoy faster transactions and more privacy every time they visit these sites.

Since there are no intermediaries present when using cryptocurrency betting exchanges, players benefit from low or minimal transaction fees, and they avoid paying currency conversion fees that are common on traditional betting platforms. Due to this array of features, crypto betting exchanges have become an attractive alternative for those looking for quicker, more cost-effective ways to wager and trade, all while maintaining a high level of security and privacy.

Most Popular Sports on Betting Cryptocurrency Exchanges

At sports betting crypto exchanges, a wide variety of sports are available for wagering around the clock. There are no restrictions on your betting choices, and some platforms even allow you to combine bets from different sports. The more you wager, the more you get accustomed to betting, and the higher your chances of landing a win.

Below is a list of the most popular sports you will find on these platforms, along with top events to bet on under each category. Keep reading to learn more.

Football

Football is not only one of the oldest sports but is also the most popular on betting crypto exchanges.  It is played between two teams of 11 players each on a rectangular field, including a goalkeeper at each end. The activity has a duration of 90 minutes, which is split into two halves. During this period, either team tries to score the most goals, which involves placing the round leather ball into the net, which has a goalkeeper.
Extra time is sometimes added to both halves based on delays that occur in the match. A penalty shoot-out might be played as a tie-breaking method to determine which team is awarded the win.

Top Football Event to Bet On

• Premier League
• La Liga
• Champions League

Basketball

Basketball is played by two teams of five players on a rectangular court with a hoop at each end. There are four quarters for each match, lasting ten to twelve minutes, depending on the league and tournament. The referee also adds overtime to the match time when necessary.

Players score points by shooting the ball through the opponent’s hoop after a series of dribbling and passing between their teammates. The points differ according to where the player takes the shot: 2 points when players shoot into the hoop from inside the three-point line, and 3 points when the shot is from outside the 3-point line. Also, players get a single point for every free throw they convert during the game.

Top Basketball Event To Bet On

• NBA League
• Euroleague
• March Madness

Tennis

Tennis is the most popular racket sport you will find on betting cryptocurrency exchanges. It is played between two players (singles) or two pairs (doubles) on a rectangular court divided by a net. Each player then tries to hit the ball into the opponent’s section of the court in a way that the opponent cannot return it.

Unlike other sports where there is a time limit, tennis allows limitless play until a winner is determined. Typically, whoever wins the most sets in a best-of-three-set or best-of-five-set scenario wins the match. The sport is also played on different surfaces, including grass, clay, and hard courts, each affecting ball speed and bounce.

Top Tennis Event To Bet On

• US Open
• Wimbledon 
• French Open

Cricket

Cricket is a bat-and-ball game played between two teams of eleven players each. The goal is for one team to score as many runs as possible while the other team tries to get them out. The batting team tries to score by hitting the ball with a bat and running between two wickets, while the fielding team tries to stop them by catching the ball, hitting the stumps, or getting the batsman out in other ways.

Cricket is one of the few sports on sports betting crypto exchanges that has different formats, such as Test matches, One Day Internationals (ODIs), and Twenty20 (T20) matches.  Each format comes with different rules and time durations governing the matches.

Top Cricket Event To Bet On

• ICC Cricket World Cup
• Indian Premier League (IPL)
• Ashes Series

MMA (Mixed Martial Arts)

Among the top sports on betting crypto exchanges, MMA stands out as one of the most recent additions. This is due to its high intensity and the variety of skill sets required to participate in the sport.

It involves two athletes engaging in a fight inside an octagonal cage, using a combination of striking and grappling techniques, including punches, kicks, wrestling, jiu-jitsu, and Muay Thai. Generally, professional MMA fights consist of three rounds, each lasting five minutes with no extra time. Fighters also win by knockout (KO), submission, or decision after three or five rounds, depending on the event.

Top MMA Event To Bet On

• Ultimate Fighting Championship
• Bellator MMA
• One Championship

Horse Racing

As the name implies, horse racing involves trained horses running over a set distance, usually on a dirt track. The jockeys riding the horses control them and determine how fast they run. These riders also help the horses maneuver through obstacles or bends.

The objective is to complete the race in the shortest time to emerge as the winner. Also, races often vary in length, ranging from short sprints to longer endurance races, and also follow a variety of rules.

Top Horse Racing Events to Bet On

• The Kentucky Derby
• Royal Ascot
• Melbourne Cup

Types of Cryptocurrency Betting Markets

Sports betting crypto exchanges offer a wide range of markets for players to wager on. Each option has specific conditions that must be met for the bet to succeed. The odds assigned to each betting market vary based on the likelihood of the outcome, with higher odds typically given to less likely results. These high-odds markets present an opportunity for significant wins, though they come with greater risk.  

Below, we have listed the most popular cryptocurrency betting markets available on these platforms, along with essential details about how they work.

Money Line

Money line bets are the most common betting markets available on sports betting crypto exchanges. It simply involves wagering on who will win an event between two competing teams for group sports or two players for individual sports.

In some instances, the money line bets offer variations like betting on a tie or wagering on any team to win rather than picking a specific team. Similarly, it also allows players to bet on who will win a specific half, quarter, or set, depending on the sport.

Due to the simplicity of a money line bet, players who are trying out betting cryptocurrency exchanges for the first time often flock to it. Unfortunately, the odds on each event aren’t so great, especially when there is a clear favorite.

Point Spread

Point spread betting involves wagering on the margin of victory. Simply put, you are predicting that the favorite must win by more than the set spread, while the underdog can lose by less than that margin or win outright.

For example, if your preferred team is a -6.5 favorite against the other team at +6.5, a wager on your preferred team will be successful if they win by 7 or more points. On the other hand, a bet on their opponent is deemed successful if they lose by 6 points or fewer or if they win the game.

Over/Under

The over/under option is the best way to bet on goals/points in a sporting event. Depending on the sport, you can choose whether a team will score over or under a number set by the betting cryptocurrency exchanges.

The bet is successful if the number of goals or points goes over or under the set number on your wager.  If you prefer the over option, selecting that the team will score a large number of goals/points increases the odds on the bet. Meanwhile, for the under option, a higher odd value is only available if you bet that the team will score a very small number of goals/points.

Prop Bets

Prop bets are wagers on specific events or statistics within a game that may not directly affect the outcome. For instance, you might bet on a particular footballer to score a goal or on a quarterback to throw over 300 yards.

Generally, prop bets vary by sport and are either player or team prop bets. While they typically have higher odds, the unpredictability of prop bets makes them more suitable for bettors who conduct in-depth research on teams and individual players before wagering.

Future Bets

Future bets are wagers whose outcome remains unknown until the end of a league or tournament. The most common option is wagering on which team/player will win a league/tournament.

Other possible options include betting on the highest goal scorer/point scorer, the player with the most assists/rebounds, and the most valuable player in a league/tournament. These bets often offer higher payouts because the outcome is uncertain over the long term.

Odds in Betting Cryptocurrency Exchanges Explained

Each event on betting cryptocurrency exchanges has odds that determine how much a player will earn if the outcome is successful. These odds are often in a particular format, but players can change them to other formats that are available on the platform.

While we advise you to use the odds you are familiar with, there is no harm in learning about the other options and what they entail. For this reason, we have explained the types of odds available on sports betting crypto exchanges.

Decimal odds

Decimal odds, also known as European odds, are the most common odds you will find on betting cryptocurrency exchanges. They are quite easy to understand as they simply represent the total payout per unit staked on an event. For example, if Justin Thomas has odds of 12.00 to win the Golf Masters, a 1 BTC bet would return 12 BTC (including an 11 BTC profit) if he succeeds.

Fractional Odds

Fractional odds are unique to sports betting crypto exchanges based in the UK. This odds format shows the profit relative to the stake in a fractional format. For instance, if Arsenal has odds of 3/1 to win the Premier League title, a 1 BTC bet would return 4 BTC (including a 3 BTC profit) if they win.

American Odds

American odds use a plus or minus sign followed by a number to indicate favorites and underdogs. A negative number shows the favorite, while a positive number indicates the underdog. For example, in the matchup between the Cincinnati Bengals (+140) and the Cleveland Browns (-135), the Browns have better odds. Also, a 1.35 BTC bet on the Browns would yield a 1.00 BTC profit, while a 1.00 BTC bet on the Bengals would return a 1.40 BTC profit.

Malaysian Odds

Malaysian odds are similar to decimal odds but have negative and positive symbols to indicate potential profit or the stake. An example is a match-up between Liverpool (+0.50) vs. Manchester United (-0.75). In this scenario, Liverpool is the underdog, and Manchester United is the favorite. Hence, a 1 BTC bet on Liverpool would yield a 0.50 BTC profit and a total payout of 1.50 BTC, while you need to bet 0.75 BTC on Manchester United to win 1 BTC.

Hong Kong Odds

Hong Kong odds are always positive and show the profit you make per unit bet. They work similarly to fractional odds but are presented in decimal form. If you have an event, Real Madrid (0.80) vs. Barcelona (0.60), a 1 BTC bet on Real Madrid would return 1.80 BTC, including your stake. Meanwhile, a 1 BTC bet on Barcelona would return a payout of 1.60 BTC.

Indonesian Odds

Indonesian odds can be either positive or negative. Positive numbers indicate profit on a 1 BTC bet, while negative numbers show how much to stake to win 1 BTC. For example, in a match between Chelsea (+1.25) vs. Arsenal (-1.20), a 1 BTC bet on Chelsea yields a 1.25 BTC profit, while you would need to bet 1.20 BTC on Arsenal to gain a 1 BTC profit.

Top Sports Betting Odds Formats Compared

To give you a clearer look at the different kinds of odds formats in betting cryptocurrency exchanges, we have put together a table highlighting some of the most popular ones. This table also sheds light on the probability of each betting odds format. 

Bonuses and Promotions on Betting Cryptocurrency Exchanges

Players visiting betting cryptocurrency exchanges have access to numerous bonuses and promotions available to boost their gambling sessions. Each one is designed in its unique way and guarantees better wagering ability for a bettor. Additionally, some are offered immediately after signing up, while others come as you continue wagering at your preferred platforms. Below, we have listed some of the top bonuses and promotions you will find at sports betting crypto exchanges. Ensure you utilize them whenever they are available.

Welcome Bonus

The first reward received when you sign up for betting cryptocurrency exchanges is called a welcome bonus. This offer is typically given as a deposit match on your first few deposits into your account. The total amount credited depends on the percentage attached to the bonus, the specified bonus cap, and how much you choose to deposit.

In a scenario where you choose to deposit 1 BTC, a welcome bonus of 100% up to 1 BTC will double your funds. This means you will have the 1 BTC you deposited and a 1 BTC bonus for your wagering.

No Deposit Bonus

Some sports betting crypto exchanges offer a no-deposit bonus instead of a deposit match welcome bonus to attract more players. As the name suggests, this bonus provides free funds without requiring a deposit, and the casino automatically sends the reward to your account upon signing up.

While a no-deposit bonus is a great way to start wagering, it often comes with high wagering requirements, making it challenging for players to fully benefit from the offer. Additionally, these bonuses are usually small amounts and are easily to lose  especially if you make the wrong bets.

Free Bets

Free bets are similar to no-deposit bonuses but have a special condition attached to their use. When you use a free bet for any wager, the bookmaker deducts the free bet amount from your winnings, leaving you with just the profit. 

Aside from this condition, winnings from free bets may be credited as bonus funds rather than withdrawable cash. In this case, the free bets will be subjected to turnover requirements just like any other deposit bonuses on betting cryptocurrency exchanges.

Cashback Offers

Losses experienced on sports betting crypto exchanges are more bearable when players take advantage of cashback offers. Unlike other bonuses and promotions, cashback offers are based on the losses incurred during wagering. The bettor receives a percentage of their losses daily, weekly, or monthly, depending on the bookmaker. The offer is also capped at a particular amount.

Typically, the more you wager, the higher the cashback offer you will receive. Your loyalty level in the bookmaker’s loyalty program may also play a part in determining how often you will receive a cashback offer.

Reload Bonuses

After you have exhausted your welcome bonus, a reload offer helps you keep wagering on your favorite sporting events. It is similar to a welcome bonus to reward you with bonus funds that match your deposit. Additionally, it has the extra advantage of not being a one-time offer. This means you will often encounter reload bonuses as you continue to wager on most betting cryptocurrency exchanges.  

Reload bonuses have two downsides. First, they are often smaller than the welcome bonus, meaning they can be exhausted more quickly. Also, they may come with steeper wagering requirements that slow down the process of converting your winnings to withdrawable funds.

Loyalty & VIP Rewards

If you are a committed player at a betting crypto exchange, you are likely familiar with loyalty and VIP rewards. The rewards are part of the bookmaker’s loyalty or VIP program, and the platform automatically registers new players when they sign up. Some of the perks include cash back, reload bonuses, free bets, and discounts on merch. Additionally, the sportsbook gives users service perks such as faster withdrawals and dedicated customer support.

Earning these rewards requires you to progress through the bookmaker’s loyalty and VIP programs. The more you bet, the faster you unlock higher tiers with greater rewards. However, if you take a break from wagering for a while, your tier level may decline, so staying consistent with your betting is very important.

Referral Bonuses

Referral bonuses are the rewards given to layers who recommend their friends and family members to sports betting crypto exchanges. The rewards often come as bonus funds or free bets after the referred individual has completed the sign-up process through your affiliate link and made a deposit into their account. It might also be subject to wagering requirements at the discretion of the bookmaker.

Typically, most betting cryptocurrency exchanges allow bettors to refer multiple individuals. This means you will continue earning rewards unless there is a cap on the number of referrals allowed.

Odds Boosts

A betting crypto exchange site may attach an odds boost promotion to a specific or multiple sporting events. This perk allows the player to boost the odds on an event before wagering on it.

For example, if a betting market has odds of 1.50, these could be increased to 1.55 or 1.60 after an odds boost is applied. In this case, placing a 1 BTC bet would yield a payout of 1.55 BTC or 1.60 BTC. Ultimately, using odds boosts increases the potential winnings on the player’s bet. What’s more, there is no wagering requirement attached to the offer, meaning any winnings are instantly withdrawable.

Perks and Risks of Using Betting Cryptocurrency Exchanges

Using betting cryptocurrency exchanges comes with several benefits and risks that will affect your wagering ability. While the benefits outweigh the risks, you must know both to allow you to maximize the advantages and adapt to the disadvantages, especially if you are a newbie. In the lines below, we have explained both sides extensively, including tips on adapting to the risks when you encounter them on any of these platforms. 

Perks of Using Betting Cryptocurrency Exchanges

Faster Transactions

Transactions on betting cryptocurrency exchanges are much faster compared to traditional banking methods due to the blockchain network and less stringent verification process. Hence, bettors can make quicker deposits to take advantage of time-sensitive bets. Similarly, they enjoy instant withdrawal times without having to worry about any unnecessary delays in processing their payouts.

Enhanced Privacy and Anonymity

When you register on sports betting crypto exchanges, you do not need to share personal or financial details like credit card information or your home address. As a result, using these platforms allows bettors to enjoy privacy and anonymous gambling, which isn’t available on traditional online gambling platforms.

Lower Fees

Players often worry about transaction fees during deposit and withdrawal transactions. With betting crypto exchanges, this concern is minimized as these platforms typically charge low fees or none at all. There is also no conversion cost to worry about since players are wagering with cryptocurrency and not fiat payment methods.

Globally Accessible

Betting cryptocurrency exchanges allow players from all over the world to easily wager on their favorite events, as there are no geographic restrictions imposed by traditional banking systems or local regulations. Many of these platforms also allow the use of a VPN without any glitches in the service offered to you, if there are any restrictions that may prevent access. 

More Supported Payment Methods

Traditional online gambling platforms only offer players a handful of payment methods to make transactions. On the other hand, sports betting cryptocurrency exchanges offer more options as they accept a variety of cryptocurrencies. This gives players greater flexibility when making deposits and withdrawals or buying and selling cryptocurrency.

Risks of Using Betting Cryptocurrency Exchanges

Volatility of Cryptocurrencies

Cryptocurrencies are known for their high volatility, meaning the value of your winnings or deposits may fluctuate significantly. Since betting crypto exchanges use cryptocurrencies for transactions, players could experience this drawback. Fortunately, you can use only stable or popular coins for your transactions or funds storage to reduce this drawback.

Irreversible Transactions

Sports betting crypto exchanges operate on the blockchain network. When transactions are done over the network, they are irreversible unless the receiver chooses to make a refund. Therefore, players who deposit into the wallet address of a scam site have no way to get back their funds. This situation can be avoided if you always double-check the deposit details before you make a transaction and only gamble at licensed platforms.

Biased Towards Crypto Enthusiasts

Some players who want to try out betting cryptocurrency exchanges may not have a good understanding of digital currencies. This can make it difficult for them to make transactions and place wagers on their favorite event. In the same vein, it could potentially lead to costly betting mistakes and the loss of funds. Therefore, wagering on sports betting crypto exchanges is better suited for individuals who are already crypto enthusiasts. 

Popular Coins Used in Betting Crypto Exchanges

Betting cryptocurrency exchanges utilize various coins as their payment methods. When performing transactions, players can select any one of these options, with most catering to both withdrawals and deposits. Some also stand out more than others based on factors like speed of transaction, security, and volatility. 

Before you begin wagering, read up on all of the popular coins we have discussed below to give you a better understanding of them. Subsequently, choose the best options among them and check them out on your favorite sports betting crypto exchanges. 

Bitcoin (BTC)

Since its inception in 2009, Bitcoin has grown into the most popular digital currency used on betting cryptocurrency exchanges. It is also the most expensive coin to purchase on the market, once hitting an all-time high of $103,332 in December 2024. Today, it is one of the few cryptocurrencies with institutional backing and that investors use to store value.

Ethereum (ETH)

Ethereum was introduced a few years after Bitcoin and quickly ascended to become the second most popular cryptocurrency in the crypto world. While Bitcoin is a digital currency, Ethereum serves as a fully functional, open platform for developing applications based on the concept of smart contracts.

Tether (USDT)

Tether is one of the few stablecoins available on sports betting crypto exchanges. Its value is pegged 1:1 to the US dollar, which allows bettors to avoid the volatility found in other cryptocurrencies. It also frequently serves as an intermediary for traders moving between cryptocurrencies. Instead of converting back to USD, they opt to use Tether.

Ripple (XRP)

XRP was launched in 2012 to help traders enjoy more seamless transactions. Transactions are settled between three and five seconds at a very low cost of $0.0002, which makes them quite suitable for buying and selling items on crypto-based platforms.

Binance Coin (BNB)

BNB is a dedicated utility token of the Binance cryptocurrency exchange. While it was initially launched by the platform as a way to get discounted trades, it can now be used on betting cryptocurrency exchanges to make withdrawals and deposits. Additionally, it is also used for purchasing goods and services on other platforms that allow the use of cryptocurrencies.

Top 5 Wallets to Use in Cryptocurrency Exchange

Crypto wallets allow bettors to buy, sell, exchange, and store the digital currencies they use on betting cryptocurrency exchanges. Today, there are more than a handful available on the internet, each providing several features in addition to the main purpose. Interestingly, some can be integrated into your preferred sports betting crypto exchanges, which allows for even more seamless transitions. Below, we have listed the most popular options alongside other necessary details you should know. 

Binance

Binance is the top wallet popular among crytpo enthusiasts. Over 350 cryptocurrencies are available on the site, and it only charges players a low fee when they buy or sell cryptocurrency, depending on the transaction network. When you transfer your winnings to your Binance wallet, your account level determines your withdrawal limit, with top users being able to cash out as much as $1 million daily.

Kraken

Kraken allows bettors to start buying and selling crypto with as little as $10. It is one of the oldest and largest cryptocurrency exchanges and caters mainly to bettors in the U.S. The platform is also one of the few that offers a Pro version, designed specifically for advanced traders. In summary, it is ideal for both casual and experienced gamblers who enjoy playing at betting cryptocurrency exchanges.

ByBit

ByBit is another great wallet that is used in cryptocurrency exchange. Recently, it introduced a next-gen AI tool for smarter cryptocurrency trading. This tool offers bettors AI-powered in-depth analysis, custom trade strategies, and comprehensive market coverage that can’t be found elsewhere.

For faster access to your funds, the platform offers a virtual Mastercard crypto debit card. With this card, you will have zero issues spending your crypto anywhere and anytime without needing to convert it to fiat.

Trust

If you are a Web3 enthusiast, Trust Wallet is the most ideal option to use for cryptocurrency exchange. The platform works well with your mobile via its browser extension that gives you access to thousands of Web3 dApps across 100+ blockchain networks. Alternatively, you can download its mobile app to use for your transactions while on the go.

Coinbase

Coinbase Wallet is one of the best Bitcoin wallets for beginners, especially those who are new to non-custodial storage. It shares many similarities with Trust Wallet, as it allows integration into your mobile browser and has a downloadable app. It can also be used to explore dApps, trade on decentralized exchanges, collect NFTs, and more.

Steps to Register in Betting Cryptocurrency Exchanges

You do not have to follow any complex procedures when signing up in betting cryptocurrency exchanges. More often than not, you can register on these platforms faster than traditional online gambling sites, as betting cryptocurrency exchanges typically do not have a KYC requirement that will cause a delay in the process. 

Below, we have detailed how to get registered on your favorite cryptocurrency betting exchange. Keep reading to learn more about the steps.

Step 1: Choose a Betting Crypto Exchange

Research and select a reputable betting crypto exchange that supports your preferred cryptocurrency and market options. Alternatively, you can select from the options listed in this review.

Step 2: Visit the Official Website

Access the exchange through its official website to avoid phishing scams. During the process, look for the “https” and a padlock symbol beside the URL to confirm the site is secure.

Step 3: Create an Account

Once on the landing page, click on the “Register” button to begin the registration process. Choose your preferred language, then fill in your email, username, password, date of birth, phone number, and promotional code. Next, read and accept the terms and conditions of the site, then click the “Create an Account” button.

Step 4: Set Up Security Features, Deposit Funds, and Start Playing

Some sports betting crypto exchanges offer additional security measures. If available, activate two-factor authentication using apps like Google Authenticator. Additionally, set up security questions if prompted. Once you have done this, make your first deposit, claim your welcome offer, and start playing.

Play on the Go in Betting Cryptocurrency Exchanges

Top betting cryptocurrency exchanges allow players to wager on the go when they are unable to use their desktop devices. In most instances, these platforms ensure that their website is optimized for mobile gambling, thereby allowing players to access the exchange via the browser of their mobile. Alternatively, some offer dedicated apps that players download and install on their devices directly from the bookmaker’s desktop website or an app store.

Regardless of the option provided, bettors playing on the go have access to the same markets, bonuses, promotions, and features as the desktop site. They are also allowed to use their preferred cryptocurrency options for transactions with the same deposit speed, payout speed, and transfer fees.

As such, opting for playing on the go is the ideal choice for bettors who are always on the move while placing bets. Remember, all you need is a functional mobile device and a fast internet connection, and you can begin playing on the go in your favorite sports betting crypto exchanges.

Responsible Gaming on Betting Cryptocurrency Exchanges

Practicing responsible gaming is the only way to enjoy wagering on betting cryptocurrency exchanges. If you choose to do otherwise, you risk losing your bankroll and other funds. In a worst-case scenario, you may also get addicted, which will affect the quality of your life in several ways.

You can begin practicing responsible gambling by always setting a budget before visiting your preferred sports betting crypto exchanges. When you use a budget and stick to it, you will never spend more than you can afford on your wagers. Hence, even if you suffer a losing streak, your finances won’t be affected.

Equally important is the use of self-control tools on betting crypto exchanges. This will help you control the frequency of your wagering if you are losing control. Additionally, wagering only when you are not under the influence will ensure you are always making informed decisions.

If you already suffer from gambling problems, there are a few ways that you can help yourself. The first step is to contact the organizations listed below and begin counselling and therapy sessions.

• GamCare
• Gambler Aware
• Gambling Therapy
• Gamble Alert
• National Council on Problem Gambling 

Conclusion

In conclusion, playing at the best betting crypto exchanges gives punters benefits that cannot be found elsewhere. Not only do these sites offer competitive odds on a variety of markets, but they also have fast payouts, generous bonuses, and several other perks. 

There is also no shortage of crypto payment options on these platforms, giving users the best and most convenient betting experience. You can try out any of the betting cryptocurrency exchanges on our list for the best betting session. Create an account and make a deposit now to get started.

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