Online Betting Sites that accept Cryptocurrency in Nigeria
The emergence of cryptocurrency in the Nigerian space is growing like wildfire. The majority of the country’s young population own crypto that is usually trading for financial gains by the average Nigerian. It is crucial sports bettors know that there is an online betting site that accepts cryptocurrency (Bitcoin) for punters to deposit and receive in crypto through a crypto e-wallet account to be created by you, so it is important for us to educate you on how to use the currency to play, and the of list reputable online sports betting sites that accept players in Nigeria using cryptocurrency.
1XBet one of the most popular bookie sites in Africa, which bust into the African market when they became the official sponsor of the Africa cup of nations 2018. It is known for its wide selection of promotions, bonuses, and range of markets accepting all kinds of cryptocurrencies to meet player’s needs.
Melbet is one of the pan-African brands already in 5 African countries, including Nigeria, Ghana, Uganda, Kenya, and Zambia. Melbet offers an all-round gaming platform that caters to players interested in sports betting, casino gaming, and bingo and accepts cryptocurrencies from Nigerian players.
BetWinner is a famous online sportsbook brand known for its weekly promotions. Players with a BetWinner account enjoy a range of benefits of HD live streaming, the use of cryptocurrencies, and high odds featured with a range of markets to choose from.
How to Start Betting Using Crypto With Online Sports Betting
- Visit any of the above betting sites or search for other reputable betting sites you know that accept cryptocurrencies and open a betting account with your choice’s preferred website.
- Open an e-wallet
An e-wallet allows players to transfer currencies in and out of your betting account, and a cryptocurrency e-wallet provides you with the same features. If you don’t have crypto, you will need to purchase through a credit or debit card at the current exchange rate. Then with cryptocurrencies in your e-wallet and linked to your betting account, you can start transferring funds.
Cryptocurrency in Nigeria: The Bottom line
Cryptocurrency in Nigeria is a new phenomenon that has a lot of advantages over the traditional medium of transactions. A crypto user will always remain anonymous when transferring funds and the entire process is safe, transparent, secured instant withdrawal. A player will never incur transaction fees or charges between an e-wallet cryptocurrency fund and a betting account. Transfers of funds are instant and fast. You will not need to wait for the processing of funds between two accounts. Crypto online sports betting sites work the same way regular betting sites. The only difference is the currencies used; otherwise, they have regular bonuses, promotions, and odds the same methods as the standard bookmaker would do.