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Crypto betting sites

Nowadays, it's hard to avoid cryptocurrencies, especially when it comes to online gambling. Many payment providers now refuse to process transactions related to gambling. In Germany, it is therefore no longer possible to use payment methods like Skrill, Neteller, Ecopayz, or Ezewallet for deposits at sports betting sites. While Neteller and Skrill can still be used with providers licensed in Germany, these options are less appealing due to the limited betting offers, set limits, and the betting tax that has to be paid. Even more payment options are expected to disappear from betting sites in the future, making it all the more important to get familiar with cryptocurrencies if you haven't already.

 

Which crypto betting sites are recommended?

There are now countless crypto sports betting providers. But not all of them are recommended. Many crypto betting providers don't even have a license. Here we present some crypto betting providers that we have tested in detail:

The image shows the word LEGZO in white capital letters on a dark blue background. The letter G is stylized with a blue gradient.
1 All-rounder
Legzo
  • outstanding reputation
  • no 5% betting tax for German customers
  • 96% – 98% odds payout for major leagues
  • 200% up to 200 euros sports betting bonus for new customers with bonus code "WETTBONUS"
  • Deposits with the e-wallets Jeton and MiFinity possible
  • Bitcoin and other crypto deposit options
  • Withdrawals via e-wallet and crypto within a few minutes
  • fast verification
  • Withdrawals to the bank account within a few hours
  • no fees
Log in
Experiences
The word LEON in bold white letters on a black background, with the letter O replaced by a red and white football symbol.
2 All-rounder
Leon.bet
  • Payout ratio up to 99%
  • no 5% betting tax for customers from Germany
  • E-wallet deposit methods like MiFinity, Neteller, Skrill, and Jeton available!
  • prepaid payment methods Paysafecard and Cash2Code can be used
  • huge number of betting markets available
  • Live chat support is available around the clock in German
  • betting limits for major events 5 to 6 digits
  • E-wallet withdrawal time only 10 – 30 minutes
  • Bank withdrawals are often processed on the same day
Log in
Experiences
Logo for Fresh Casino, with a green circle with a white letter F inside, next to the words FRESH CASINO in bold black letters on a light gray background.
3 All-rounder
Fresh Casino
  • 200% bonus up to 200 euros via Wett-Bonus.net with bonus code "WETTBONUS"
  • no 5% betting tax for German customers
  • Deposits with the e-wallets Jeton and MiFinity possible
  • 96% – 98% odds payout for major leagues
  • good reputation
  • Withdrawals via e-wallet and crypto within a few minutes
  • Withdrawals to the bank account within a few hours
  • fast verification
  • Bitcoin and other crypto deposit options
  • no fees
  • 40 sports to bet on
  • good VIP program
  • many bonus promotions for existing customers
Log in
Experiences
The image shows the text spinbetter on a dark green background. Spin is in white with a distorted effect, and better is in bright yellow-green with a purple dot over the r.
4 best odds
spinbetter
  • Payout ratio up to 99%
  • no 5% betting tax for customers from Germany
  • E-wallet deposit methods like MiFinity, Neteller, Skrill, and Jeton available!
  • prepaid payment methods Paysafecard and Cash2Code can be used
  • huge number of betting markets available
  • Live chat support is available around the clock in German
  • betting limits for major events 5 to 6 digits
  • E-wallet withdrawal time only 10 – 30 minutes
  • Bank withdrawals are often processed on the same day
Log in
Experiences
The bold white text on a red background reads 55BET, with 55 in block letters and BET in outlined letters.
5 Top Newcomer
55bet
  • high betting limits of up to 80,000 Euros
  • daily withdrawal limit of 10,000 Euros
  • E-wallet deposits possible with Jeton and MiFinity
  • New customer bonus of 100% up to 200 Euros
  • no 5% betting tax for players from Germany
  • many cryptocurrencies are offered as deposit methods
  • permanent 5% cashback bonus
  • Live chat available 24/7
  • fast payout within 3 hours via e-wallets and crypto
  • only the essential documents are required for player account verification
  • fast verification in a couple of minutes
  • good player protection – many limits can be set without contacting support!
  • over 30 sports to bet on
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Experiences
The image shows the words asian connect in lowercase, with asian in gray and connect in red on a white background.
6 best odds
Asian Connect
  • Access to Piwi247, PS3838, Orbit Exchange, 3et, Penta88, Singbet, and Pinnacle
  • Skrill, Neteller, plus Bitcoin and Tether as deposit methods
  • Using the Asianodds tool, you can always grab the best odds and bet more money on a game.
  • .The payout odds at the bookmakers in Asian Connect's portfolio range between 96 and 98%!
  • Winners and arbitrage bettors are welcome.
  • 24/7 live chat support
  • No maximum limits for Skrill and Neteller deposits and withdrawals
  • Withdrawals within a few minutes
Log in
Experiences
The image shows the wettenlive logo, with wetten in black and live in yellow, on a light gray background.
7 Insider tip
wettenlive
  • 100% bonus up to 500 Euros, which can be used for sports betting and casino at the same time!
  • huge betting selection with up to 96% payout rate
  • verification only necessary from a total payout of 2000 euros
  • payout within 10 minutes for Mifinity and cryptocurrencies
  • up to 6,500 betting options per match
  • good player protection – all limits can be set without contacting support!
  • no fees for deposits and withdrawals
  • no 5% betting tax for German customers
  • German-speaking live chat support from 7 AM to 11 PM
  • over 40 sports to bet on
Log in
Experiences

Where do I buy cryptocurrencies?

Before we dive deeper into cryptocurrencies, it is important to understand how to acquire them. Buying cryptocurrencies has become much simpler in recent years and is now more user-friendly. There are various ways to buy cryptocurrencies like Bitcoin, Ethereum, altcoins, and stablecoins. However, we advise against buying via the “Buy Crypto” button on bookmaker sites, as you are often redirected to external platforms like Moonpay. Moonpay charges a processing fee of 4.5% for credit card payments and 1% for bank transfers. You should also steer clear of Coinbase, a very well-known provider, because they charge a 3.99% fee for credit card payments plus an additional 1.49% trading fee. For buying cryptocurrencies, we recommend the following provider: Binance – With a 1.8% fee for debit/credit card payments, a 1 Euro fee for bank transfers, and no fee for P2P deposits. More providers for purchasing cryptocurrencies will be listed here soon.

 

Which cryptocurrency should I buy: Bitcoin, Ethereum, altcoins, or stablecoins?

When choosing a cryptocurrency to buy – whether Bitcoin, Ethereum, various altcoins, or stablecoins – there are several aspects to consider. Although Bitcoin holds the leading position among cryptocurrencies, we recommend avoiding its use for gambling purposes. The main reason for this is Bitcoin's significant volatility, which can lead to abrupt price changes. Furthermore, we consider Bitcoin more as an investment asset rather than a medium for gambling. . Imagine Bitcoin's value increases by 20% within a week—a totally common occurrence—and you lose your gambling stake at the same time. The result would be a double financial loss. So which cryptocurrency would be a good alternative? We definitely recommend using Tether or a similar stablecoin.
 

Explanation of stablecoins:

Stablecoins are cryptocurrencies that aim to ensure constant price stability. They achieve this by pegging their value to external benchmarks such as traditional fiat currencies (e.g., US Dollar, Euro) or other tangible assets (e.g., gold). Unlike cryptocurrencies like Bitcoin and Ethereum, which can be subject to significant price fluctuations, stablecoins offer a more stable alternative thanks to their peg to real-world assets. The advantages of stablecoins lie in their stable pricing, which leaves little room for speculative gains but ensures reliable financial transactions.

 

Overview of popular stablecoins:

The cryptocurrency market is constantly evolving, and new stablecoins may emerge. Below is some information on established stablecoins: Stablecoins offer price stability by pegging their value to reliable external benchmarks, such as fiat currencies or physical assets.

  • Tether (USDT) : As one of the most widely used stablecoins, Tether pegs its value to the US dollar and has the largest market capitalization among stablecoins. It ranks directly behind Bitcoin and Ethereum in the cryptocurrency rankings by market capitalization and is offered by most gambling providers that accept cryptocurrencies.
  • USD Coin (USDC) : This widely used stablecoin, pegged to the US dollar, is issued by a consortium backed by Circle and Coinbase. USDC is consistently among the top cryptocurrencies by market capitalization.
  • Binance USD (BUSD) : A stablecoin issued by the cryptocurrency exchange Binance, which is also pegged to the US dollar.
  • Paxos Standard (PAX) : Another US dollar-pegged stablecoin known for its high regulatory compliance, though less common at betting sites.
  • TrueUSD (TUSD) : Like other dollar-pegged stablecoins, TUSD is characterized by its transparency and legal backing.
  • Dai (DAI) : Dai differs from other stablecoins by being collateralized by a variety of cryptocurrencies and managed via smart contracts on the Ethereum blockchain. Dai is also pegged to the US dollar and is among the top 20 cryptocurrencies by market capitalization.
 

What do I need to keep in mind with stablecoins?

When using stablecoins, you should keep in mind that they run on different blockchain platforms like Ethereum, Tron, and Solana. For instance, if you want to use USDT as an Ethereum-based ERC-20 token at a crypto sports betting site like Bitubet, it is crucial to use the same network when transferring funds from a digital wallet or crypto exchange to avoid losing your stablecoins. Here is a list of some popular stablecoins and the networks they support:
  • Tether (USDT) was originally implemented via the Omni Layer protocol on the Bitcoin blockchain and is now also available on Ethereum (as ERC-20), Tron (as TRC-20), EOS, Algorand, Solana, and other networks.
  • USD Coin (USDC) is primarily and most widely offered on Ethereum as an ERC-20 token, but also on Algorand, Solana, Stellar, and Tron.
  • Binance USD (BUSD) is mainly found on the Binance Chain and Binance Smart Chain as a BEP-2 and BEP-20 token, and is also available on Ethereum as an ERC-20 token.
  • Dai (DAI) is primarily and foremost located on the Ethereum blockchain as an ERC-20 token.
  • TrueUSD (TUSD) is accessible on Ethereum as an ERC-20 token and also available on other networks like Tron and Binance Chain.
  • Paxos Standard (PAX) is mainly offered on Ethereum as an ERC-20 token.

Once I have bought cryptocurrencies, how do I send them to the betting provider?

In this example, we'll take the crypto exchange Binance: Sending cryptocurrencies from an exchange like Binance to another provider is a multi-step process. It's important to proceed precisely and carefully to avoid mistakes that could lead to the loss of your crypto. Here's a detailed article explaining the process step by step:

 

Introduction

Before you start, make sure you are registered and verified on Binance and that the provider you want to send to accepts cryptocurrencies. Also check if both platforms support the specific cryptocurrency you want to send.

How to send cryptocurrencies to a betting site
Access your Binance account
Log in: Sign in to your Binance account. Use your login details and make sure your connection is secure. Security check: You might need to complete a two-factor authentication (2FA) to get access to your account.
Choose cryptocurrency
Check portfolio: Go to your ‘Wallet’ or ‘Spot Wallet’ to check your current crypto holdings. Choose cryptocurrency: Select the cryptocurrency you want to send.
Get receiving address
Find recipient address: Log in to the betting provider you want to send to and navigate to the section where your cryptocurrency is displayed with the deposit and QR code. Copy address: Copy the exact recipient address. Make sure the address is correct and valid for the chosen cryptocurrency.
Initiate transfer on Binance
How to send: Go back to your wallet on Binance and choose the "Withdraw" option for your chosen cryptocurrency. Paste address: Paste the previously copied recipient address into the designated field. If you are using the Binance app, you can tap the second icon next to the address bar and simply scan the betting provider's QR code with your camera. This will fill it in automatically. Choose network: Select the right network. It's super important to pick the correct network, because sending over the wrong one means you'll lose your crypto forever. Enter amount: Type in how much you want to send. Double-check the transaction fees and what you'll have left over after they're taken out.
Check and confirm the transaction
Check details: Carefully review all transaction details, including the recipient address, amount, and network. Confirmation: Confirm the transaction. You might need to verify your identity again using two-factor authentication.
Track transaction
Transaction ID: After your transaction is sent, you will receive a transaction ID or hash. Keep this for your records. Check Status: You can check your transaction status on Binance or use the transaction ID in a blockchain explorer to track its progress.
Safety instructions
  • Double check: Always make sure the recipient address is correct. Once sent, cryptocurrencies cannot be refunded if they are sent to the wrong address. Avoid phishing: Watch out for phishing attempts and ensure you are on the real Binance and recipient websites. Network selection: Be extra careful when choosing the network and make sure both Binance and the recipient support the same network.

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