BookMaker Cryptocurrency Betting
Bookmaker offers cryptocurrency as an easier, cheaper, safer and more reliable option for deposits and withdrawals. BookMaker Sportsbook is now accepting more than 60 cryptocurrencies for daily transactions. Bitcoin is the most popular cryptocurrency and more than 90% of our customers use Bitcoin for funding their BookMaker accounts. Regardless of which cryptocurrency you choose, setting up your cryptocurrency wallet is easy to do, transaction fees are low and the cryptocurrencies are anonymous and not controlled by a central authority or government.
A cryptocurrency is basically an Internet currency that is not controlled by any central authority. Most cryptocurrencies are based on blockchain technology, which is basically just a digital ledger that records all transactions. The first cryptocurrency based on blockchain technology was Bitcoin, released in 2009. Bitcoin is now the most popular cryptocurrency in the world and used to buy and sell goods around the world. There were over 17 million bitcoins in circulation as of February 2019. There are now nearly 2,000 other cryptocurrencies in addition to Bitcoin in circulation today.
There are many advantages to using cryptocurrencies to transfer funds, including speed and anonymity. There is also the huge plus of transferring funds without a third party such as a bank or credit card company. Users simply transfer their cryptocurrency from what is called an e-wallet to wherever they want it to go, whether that is to an individual or a business. cryptocurrency fund transfers are done with low processing fees and done very quickly.
The best way to think cryptocurrency is as an Internet currency. You can buy and sell Bitcoin and other cryptocurrencies just as you would other currencies. The cryptocurrency is typically based on a blockchain that is basically a digital transaction database. Bitcoin is considered the first decentralized cryptocurrency and it was released in 2009.
Cryptocurrency actually dates back to 1983 when ecash was developed, but none of the early cryptocurrencies gained any traction. In 1995 it was Digicash that was developed, but it also didn’t attract a big following. It was not until 2009 when bitcoin hit the market that people really started to pay attention to cryptocurrency.
There are many advantages to using cryptocurrency instead of currencies like the dollar or Euro. A cryptocurrency has no central authority and that means there is no government in control of the currency. The transactions made using cryptocurrencies are also more anonymous than those used with dollars or Euros, and anonymity is oftentimes very important to sports gamblers. Sending and receiving a cryptocurrency like bitcoin is also very fast and the transactions are reliable.
Each cryptocurrency has a list of records of their transactions called a blockchain. It is simply a digital record with a timestamp and transaction data. Once recorded, the data in a block can’t be changed unless the entire network is changed.
People who use cryptocurrency to send and receive money to sportsbooks or other businesses have what is called an e-wallet. It is simply a place where the addresses for the cryptocurrency are stored. It is similar in some respects to an online bank, although the control of the e-wallet is with the individual.
Simply buy a cryptocurrency and use it to fund your BookMaker account today!
BookMaker Cryptocurrency Options
BTC Bitcoin
Bitcoin is the cryptocurrency that started it all. There are dozens of other Cryptocurrencies you can use to deposit at BookMaker and hundreds more on the periphery, but Bitcoin is the most well-known of the bunch, and the only one your aunt Ethel and uncle Fred know. The coin that dominates the crypto space surged past $60,000 in March 2021 and might be poised for an even bigger run ahead of the holidays.
LTC Litecoin
Litecoin (LTC) is a peer-to-peer cryptocurrency created by Charlie Lee in 2011 as a "lite" version of Bitcoin. It was designed to offer faster transaction times and lower fees while retaining the security and decentralization of Bitcoin’s core architecture.
ETH Ethereum
Ethereum (ETH) is a decentralized, open-source blockchain platform that introduced the concept of smart contracts — programmable code that executes automatically when conditions are met. Created by Vitalik Buterin and launched in 2015, Ethereum isn't just digital money; it's the foundation for an entire decentralized internet ecosystem known as Web3.
USDT Tether
Tether (USDT) is the largest and most widely used stablecoin in the crypto ecosystem. It’s designed to maintain a 1:1 peg with the U.S. dollar, offering a stable digital asset that can be easily transferred across blockchains. Launched in 2014 by Tether Limited, USDT is critical to global crypto liquidity, especially on exchanges and in DeFi.
USD Coin
USD Coin (USDC) is a fully backed stablecoin pegged 1:1 to the U.S. dollar, designed to bridge the gap between traditional finance and the digital asset world. Issued by Circle and governed by the Centre consortium (initially co-founded by Circle and Coinbase), USDC operates on a transparent framework that includes regular attestations by third-party accounting firms. This structure enhances trust, especially among institutional users seeking a stable, compliant on-ramp to the crypto economy.
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