
Payments
Accepted Payments Methods at Sportsbet.io and currencies and wallets accepted by Sportbet.one.
- Sportsbet.io Payment Options
- Sportbet.one Payment Options
- Accepted Cryptocurrencies
Sportsbet Payment Methods
You can bet at Sportsbet.io and Sportbet.one using a wide variety of payment options, most notably via a huge range of cryptocurrencies. We run down the accepted deposit methods below:
Sportsbet.io Payment Options
Sportsbet.io is a crypto gambling site, which means it only accepts cryptocurrencies like Bitcoin, Ethereum and Litecoin for deposits and withdrawals.
Bitcoin, Ethereum, Litecoin, Dogecoin, Tether, Tron, and USD Coin are some of the most popular cryptocurrencies accepted by Sportsbet.io.
Sportbet.one Payment Options
Sportbet.one is a cryptocurrency betting site and casino and only allows users to make deposits and withdrawals using cryptocurrencies.
There a huge number of options including Bitcoin, Ethereum, Litecoin, Tether and EOS which are accepted at Sportbet.one.
Accepted Cryptocurrencies
Bitcoin
Bitcoin is a decentralised digital currency with no official authority like we would see with banks and governments. However, transactions are still considered extremely safe thanks to blockchain technology.
Bitcoin transfers are peer-to-peer, a concept that was first introduced in 2009 by Satoshi Nakamoto. It’s known for its volatility and potential as a form of investment, which means that even when you lose your bets, a positive value change could offset your losses.
Ethereum
Ethereum is a decentralised platform that enables developers to build and deploy smart contracts and decentralised applications (dApps).
Launched in 2015 by Vitalik Buterin, it uses its own cryptocurrency, Ether (ETH). Ethereum's blockchain technology supports complex programmable transactions, allowing for innovation in finance, gaming, and gambling.
Litecoin
Litecoin, created by Charlie Lee in 2011, is another peer-to-peer cryptocurrency designed for faster transactions and lower fees when compared to Bitcoin.
Using the “Scrypt hashing algorithm”, it processes blocks every few minutes, providing a more efficient alternative for daily transactions on products and services like online gambling.
Dogecoin
Dogecoin was launched in 2013 by Billy Markus and Jackson Palmer. It is a “meme coin” featuring the Shiba Inu "Doge" meme. Owing to the meme’s popularity, it did actually manage to generate some value, regardless of the fact that it wasn’t a particularly serious venture from the founders.
Thanks to its low transaction costs and unlimited supply, Dogecoin is used for gambling at various crypto casinos all around the world.
Tether
Tether (USDT) is a “stablecoin” that was launched in 2014, designed to “tether” (maintain a 1:1 value) with the US dollar. By tethering to fiat currency, Tether offers stability in the volatile cryptocurrency market, making it a “safer” cryptocurrency to gamble with.
Tron
Tron is a decentralised blockchain platform founded by Justin Sun in 2017. Its main point was to enable cost-effective sharing of content.
Tron supports smart contracts and also supports dApps as Ethereum does, and it uses its native cryptocurrency, TRX, to incentivise its use, which many gamblers use to bet on sports and play casino games at sites like Sportsbet.io.
USD Coin
USD Coin (USDC) is another stablecoin launched in 2018 by Circle and Coinbase. Also “tethered” 1:1 to the US dollar, it provides stability in the market with transparent and fully backed reserves.
USDC allows for simple trading, transfers, and payments, combining the benefits of digital currency with traditional financial security in the same way that Tether does.
EOS
Because it has low fees, a lot of transactions per second, and quick results, EOS is great for gambling. It can handle a lot of users, and smart contracts make sure that everything is clear and automated.
Decentralisation makes things safer and fairer, and connectivity lets different payment ways work together. This makes it a strong tool for online gaming.