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BookMaker doesn't take Factom (FCT) anymore. Please check our Sportsbook Cryptocurrency Page for Sports Betting Cryptocurrencies!
Factoids are the token for the cryptocurrency Factom (FCT), which is simply another type of blockchain. Factom is based on the idea that Bitcoin is the most trusted cryptocurrency but not great in terms of handling transactions. Factom was created to separate the Bitcoin blockhain from the Bitcoin cryptocurrency. With Bitcoin, you need the whole history of the blockchain to validate a transaction but that is not the case with Factom.
Bitcoin is wildly popular but it does have problems, the biggest of which is the time it takes for transactions to be confirmed. Factom looks to solve that problem. Factom has Factoids which have their own chain in Factom and can be traded just like other cryptocurrencies. Factoids can also be used to purchase Entry Credits through the protocol.
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Factoids have not gained a lot of popularity in terms of cryptocurrency, but the market continues to evolve rapidly and that could change. Because Factoids are not that popular you still have to buy Bitcoin and then exchange it for Factoids before you can add them to your digital wallet.
How do I buy Factoids?
You can buy Factoids by using one of the currency exchanges such as Bittrex or Bitfinex. These exchanges allow you to use a credit or debit card or bank transfer to buy Bitcoin and then you can exchanged it for Factoids. You can then send Factoids to your sportsbook account and you can withdraw Factoids from your sportsbook account to your digital wallet.
BookMaker.eu 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. Cash in on the crypto craze while taking advantage of BookMaker’s great Bitcoin bonuses!
Along with Bitcoin, the cryptocurrency list that BookMaker.eu now accepts includes Bitcoin Cash, Ether, Litecoin, Monero, Dash, FirstBlood, Aragon, Basic Attention Token, Bancor, Blackcoin, Bitchares, Civic, Clams, Decred, Digibyte, Dogecoin, Edgeless, EOS, Ether Classic, Factoids, FunFair, GameCredits, Gnosis, Golem, Matchpool, Komodo, LBRY Credits, Namecoin, NEM, Numeraire, Nxt, OmiseGo, Potcoin, Augur, Reddcoin, IExec, Salt, Saicoin, Status, Startcoin, SingularDTV, Swarm City, WeTrust, Vericoin, Vertcoin, Waves, Wings, Ripple, Zcash, 0x, Bitcoin Dark, DigixDao, district0x, Emercoin, Iconomi, lisk, Maidsafe, Omni, Nubits, Novacoin, Tenx, Peercoin, Qtum, StorjX, Steem, TokenCard, Tether, Voxels and Counter Party.
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