{"id":1461,"date":"2023-11-15T20:00:53","date_gmt":"2023-11-15T20:00:53","guid":{"rendered":"https:\/\/www.arabswin.com\/en\/?p=1461"},"modified":"2023-11-14T12:38:45","modified_gmt":"2023-11-14T12:38:45","slug":"crypto-and-esports-uaes-winning-combo-at-top-sites","status":"publish","type":"post","link":"https:\/\/www.arabswin.com\/en\/crypto-and-esports-uaes-winning-combo-at-top-sites\/","title":{"rendered":"Crypto and eSports: UAE\u2019s Winning Combo at Top Sites"},"content":{"rendered":"\n<p>Surely you have already noticed that <a href=\"https:\/\/www.arabswin.com\/en\/esports-betting\/\">top eSports betting sites<\/a> are increasingly relying on cryptocurrencies. You can now bet with Bitcoin as well as with other cryptocurrencies such as Litecoin or Ethereum. Even payouts of your betting winnings and promotions are available in digital currencies. But what does it all look like when it comes to eSports betting? Since the market here is a bit smaller, many lovers fear that they will have to make compromises. We&#8217;ll clarify this.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-why-is-crypto-esports-betting-so-popular\">Why Is Crypto eSports Betting So Popular?<\/h2>\n\n\n\n<p>There are many reasons why cryptocurrencies are becoming increasingly popular when betting on eSports. In contrast to conventional payment methods, digital currencies offer some advantages that cannot be ignored. These are by no means just modern alternatives to credit cards or instant transfers, but also very useful payment methods. Bettors can take advantage of these benefits, among others:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Security<\/strong>: Cryptocurrencies are stored in digital wallets that only provide the ID or number of the respective digital coin when making payments. Bank details, addresses of the crypt holder or even personal information are not passed on, so you enjoy more security and anonymity.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Anonymity<\/strong>: Admittedly, some bettors do not want casino payments to show up on bank statements or online banking. This can be done by using cryptocurrencies instead of classic payment methods.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Speed<\/strong>: Deposits and withdrawals can be made very quickly with the help of cryptocurrencies. The digital credit is available immediately and can be used in various online shops.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Growing availability<\/strong>: More and more online stores and even local shops are also accepting cryptocurrencies. For many users, it therefore makes sense to have winnings paid out in currencies that can be paid out directly online.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p>But that&#8217;s not all \u2013 cryptocurrencies are very popular and are becoming increasingly popular. As a result, some bettors also hope to win sums in their currency of choice through bigger wins, which will bring even more value than traditional and centralized currencies due to the rising exchange rate. For example, in the case of Bitcoin, daily fluctuations and surges can be seen that can make a huge difference in higher profits. In short: users basically just take advantage of the many options that come with modern payment methods like these.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-which-cryptocurrencies-are-preferred-at-the-top-esports-betting-sites\">Which Cryptocurrencies Are Preferred at the Top eSports Betting Sites?<\/h2>\n\n\n\n<p>The current focus is particularly on the cryptocurrencies Bitcoin, Ethereum and Litecoin. The most popular and most widespread variant among eSports betting providers is and remains Bitcoin. This cryptocurrency was created by Satoshi Nakamoto in 2008 &#8211; whether this is a pseudonym or a real person or group of people has not yet been known. Bitcoin was used for payments as early as 2009. The digital currency is not tied to other currencies or banks and is capped at 21 million Bitcoins, so it has a slightly different background and interests many people.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-looking-for-a-crypto-bookmaker-this-should-be-noted\">Looking for a crypto bookmaker? This should be noted!<\/h2>\n\n\n\n<p>If you would like to look for a crypto betting provider for your favorite eSports on your own, you have come to the right place: We have looked at the options ourselves several times and now know what is really important when choosing a betting provider. Only if you find the right betting partner can you look forward to carefree betting fun on your favorite games. But what exactly should you pay attention to?<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Security<\/strong>: Especially because there are so many black sheep to be discovered on the market, security is the most important selection criterion. The following applies to the top eSports betting sites: There should be a currently valid gaming license, as well as certification from independent institutes such as iTechLabs.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Payment diversity<\/strong>: Deposits and withdrawals should allow you as much flexibility as possible if you choose a crypto betting provider. Not only the variety of methods themselves should be taken into account, but also your deposit and withdrawal limits. The more safe and beneficial methods you can choose, the better. The limits should suit your betting needs as best as possible.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>eSport betting offer<\/strong>: Not all the top eSports betting sites offer a broad portfolio of bets, so you can&#8217;t cheer on your favorite teams everywhere. There is often a lack of live options in particular, which is why it is worth taking a closer look at the range.<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<p>It always depends on what preferences and requirements you have for a good eSports betting provider with cryptocurrencies. But with these three selection criteria you can filter out the less advantageous platforms so that you don&#8217;t have to come into contact with bad experiences in the first place. Another criterion is that there should be a good selection of bonuses and promotions that can offer you added value. Tournaments, welcome bonuses and loyalty programs can make your stay incredibly exciting.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-only-having-winnings-paid-out-in-cryptocurrencies-is-that-possible\">Only Having Winnings Paid out in Cryptocurrencies \u2013 Is That Possible?<\/h2>\n\n\n\n<p>Are you wondering whether you can deposit with conventional currencies and then have your winnings paid out in the form of cryptocurrencies after your CS:GO betting success? We can deny that at this point, but there is a good reason for this: you can only make withdrawals using the same method you used to make deposits. The operators want to avoid money laundering and increase the security of all bettors. However, if you have already deposited with Bitcoin, you can choose Bitcoin as your withdrawal method again after depositing elsewhere. However, you need to make sure that your crypto wallet details are up to date and that you have already verified your betting account. Otherwise it can happen.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-special-features-of-the-top-esports-betting-sites-bonuses-amp-promotions-for-crypto-users\">Special Features of the Top eSports Betting Sites: Bonuses &amp; Promotions for Crypto Users<\/h2>\n\n\n\n<p>As a crypto user, you can often take advantage of different promotions than other bettors. The top eSports betting sites notice that cryptocurrencies are becoming increasingly popular in sports betting and are making a lot of effort to present themselves as modern and up-to-date as possible. There are often tournaments with a points system that let you win a certain share of Bitcoin if you were able to collect the most points through many bets in the casino area. You are also offered free bets if you are an active bettor. Because these promotions always bring a certain added value, it is worth keeping an eye on these bookmaker areas too. The more you offer, the better &#8211; but the associated conditions should also be transparent and fair. Especially when it comes to transparency, the area of \u200b\u200b\u200b\u200bcryptocoins often lags behind, which in turn can affect crypto bets in eSports.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-advantages-of-betting-with-cryptocurrencies\">Advantages of Betting With Cryptocurrencies<\/h2>\n\n\n\n<p>Many popular bookmakers now accept cryptocurrency deposits. In addition, the market for online sports betting is growing rapidly and the demand for technologies that enable secure and private online transactions is also increasing. Because of this, many online bettors are now turning to crypto bookmakers for the safest way to experience online sports betting. The cryptocurrency and blockchain technologies ensure the security, anonymity and decentralization of online transactions that are necessary for this.<\/p>\n\n\n\n<p>Digital coins can provide complete privacy through the use of blockchain technology. Bitcoin first appeared in the betting sector in 2014.<\/p>\n\n\n\n<p>Significant growth in this niche was already recorded in 2018. Bookmakers began to offer their customers payments not only with BTC, but also with other popular crypto coins.<\/p>\n\n\n\n<p>Below we have put together a short list of the most important advantages and disadvantages of sports betting with cryptocurrency:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-advantages\">Advantages<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Transparency while maintaining anonymity<\/li>\n\n\n\n<li>Security of Personal Information<\/li>\n\n\n\n<li>Security of transactions through information encrypted in the blockchain<\/li>\n\n\n\n<li>Decentralized system, meaning you have full control over your financial assets<\/li>\n\n\n\n<li>Fast transactions; A deposit is usually credited to the bookmaker&#8217;s account immediately<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-disadvantages\">Disadvantages<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Not all crypto bookmakers use smart contracts, this point must be clarified before starting cooperation<\/li>\n\n\n\n<li>If the bettor does not have digital assets, he must purchase them on exchanges or from dealers<\/li>\n<\/ul>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-alternative-cryptocurrencies\">Alternative Cryptocurrencies<\/h2>\n\n\n\n<p>Bitcoin is the first and best-known cryptocurrency, but by no means the only one. Many bettors prefer other cryptocurrencies. Here are the most popular alternatives to Bitcoin:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-ethereum\">Ethereum<\/h3>\n\n\n\n<p>The boom in the decentralized asset market has led to unprecedented popularity of cryptocurrencies, and Ethereum is currently the second largest digital asset in terms of volume and value. Betting companies switching to cryptocurrency payments are also paying attention to ETH, and many international betting offices have decided to add this asset to the list of payment methods.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-litecoin\">Litecoin<\/h3>\n\n\n\n<p>Litecoin is a fork of Bitcoin. A fork is an offshoot of a program that creates a new currency that is different from the main coin.<\/p>\n\n\n\n<p>LTC has several advantages over Bitcoin. It is said to process money transfers faster and is more suitable for transferring small amounts, increasing ease of use for sports bettors. Litecoin became one of the first virtual currencies to appear on betting sites. At this point, LTC already had a large customer base and was quickly proving its value.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-ripple\">Ripple<\/h3>\n\n\n\n<p>Ripple is a global cross-currency and gross payments system developed by Ripple Labs in 2012. The main advantage of this network is that it allows mutual transfers to anywhere in the world in just a few seconds.<\/p>\n\n\n\n<p>Many reliable online bookmakers have included this cryptocurrency in the list of payment methods.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-tether\">Tether<\/h3>\n\n\n\n<p>\u201cUnited States Dollar Tether\u201d or USDT is the very first and most popular stablecoin issued by Tether. Stablecoin appeared on exchanges in 2015 and has since become the leader among all cryptocurrencies equated with fiat money.<\/p>\n\n\n\n<p>This cryptocurrency is increasingly being chosen by crypto sports betting fans around the world as it is considered one of the safest.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-conclusion\">Conclusion<\/h2>\n\n\n\n<p>Although cryptocurrencies and eSports are still two rare features on the sports betting market, you can already find some top eSports betting sites that allow you to bet on your favorite games with Bitcoin and cryptocurrencies. You simply deposit with the cryptocurrency of your choice if you already have a suitable e-wallet, and then bet on the event of your choice with this currency. With the right provider, you can discover a whole range of games, payment options and promotions that also provide convenience and enjoyment. We recommend Rabona simply because of the large eSports betting selection &#8211; but feel free to see for yourself which bookmakers convince you!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Surely you have already noticed that top eSports betting sites are increasingly relying on cryptocurrencies. You can now bet with Bitcoin as well as with other cryptocurrencies such as Litecoin or Ethereum. Even payouts of your betting winnings and promotions are available in digital currencies. But what does it all look like when it comes [&hellip;]<\/p>\n","protected":false},"author":28,"featured_media":1581,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[17],"class_list":["post-1461","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-top-esports-betting-sites"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.4 (Yoast SEO v25.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Crypto eSports Betting: All the details about betting with cryptocurrencies<\/title>\n<meta name=\"description\" content=\"Are you wondering whether you can use Bitcoin to bet on CS:GO? Find out the answer here!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.arabswin.com\/en\/crypto-and-esports-uaes-winning-combo-at-top-sites\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto and eSports: UAE\u2019s Winning Combo at Top Sites\" \/>\n<meta property=\"og:description\" content=\"Are you wondering whether you can use Bitcoin to bet on CS:GO? 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