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Crypto Betting Sites in South Africa

By Stephen Olayanju |

Crypto has proven to be a reliable payment method worldwide. These assets are not only convenient due to their digital nature but they are also a valuable investment. 

The rise of crypto betting bookmakers means that crypto users can now easily use their digital assets to💙 place wagers. From the pioneer crypto Bitcoin (BTC), to other top as💖sets like Ethereum and USDT, there are many crypto betting sites that welcome this payment method.

List of Bookmakers that Accept Crypto

Rank Bookmaker Rating Bonus Get bonus
1
4.3/5
100% welcome bonus up to €1,000
PlayRead review
2
5/5
100% WELCOME BONUS UP TO 100 EUR
PlayRead review
3
4.5/5
100% welcome bonus up to 1715 ZAR
PlayRead review
4
4.5/5
Welcome Bonus up to 18000 ZAR
PlayRead review
5
4.5/5
100% WELCOME BONUS UP TO 100 EUR
PlayRead review
6
4.8/5
100% WELCOME BONUS UP TO 100 EUR
PlayRead review
7
4.8/5
100% WELCOME BONUS UP TO 100 EUR
PlayRead review
8
4.3/5
100% welcome bonus up to €100
PlayRead review

Quick Access to the Topics You Can Find in This Article

If you want to skip ahead to topics that you are interested in, make sure to click the following sections so yo♑u can easily read the topꦏics you want to know more about.

crypto betting sites

What are Crypto Betting Sites?

Crypto betting sites are basically any online bookmaker that lets you place bets using cryptocurrencies. With thousands of d🔯ifferent cryptocurrencies in the market, and more getting created each day, it depends on⛦ the bookmaker what cryptocurrencies they accept.

Some of the top crypto bookmakers also have exchange services that let you buy or trade crypto assets. Meaning, if you own crypto that’s not accepted by the bookmꦓaker, you can trade some for the assets that are welcomed by these sites and use it for betting.

Crypto Betting Overview
Faster Transactions✅
Reduced Fees & Charges✅
Confidentiality & Privacy✅
Ease of Use✅
No Geographic Location Restrictions✅

Are Crypto Payment Methods Safe for Betting?

There have been many discussions revolving around crypto betting and its security measures against hackers and people with malicious intentions. This is why there are many initiatives when it comes to safety and security. Some cryptocurrencies have still struggled with being secure but the biggest and most popular crypto in the market can be trusted for betting.

Bitcoin a🌳nd𝔍 Ethereum are established enough and other cryptocurrencies utilize the blockchain which has enhanced security features and encryption. Crypto wallets will also matter here because that will be the main storage for your assets.

How to Bet With Crypto

🅰Instead of using the traditional fiat currencies like the US Dollar and credit card options, betting payment options crypto lets you place wagers using digital assets instead. Buy cryp🐠to or if you already have this asset, simply use it to fund your bookmaker account. Here are a few tips on how to bet using crypto:

  • 1

    Check our bookmaker list

    To find the best crypto bookmaker, check out the list above. All of these sites accept crypto so explore each one of them to find which bookmake𝔉r is perfect for your betting journey.

  • 2

    Get used to your bookmaker

    Find out more about the site you’ve chosen for crypto betting. Learn its features, particularly how to navigate the site as a whole. In the process of knowing the platform, you can find out the bonuses and promotions they offer that can help you have a fun b🌌etting experience.

  • 3

    Deposit funds

    To deposit using sportsbook payment methods crypto, here are the steps that need to be followed: 

    ➮ Buy your preferred crypto using an exchange and st♔ore it in a secure crypto wallet. 

    ➮ Find which betting sites accept crypto, lꦗog in to your preferred sportsbook and find the deposit option. 

    ➮ This is where you connect your crypto wallet and choose which 🐻kind of cryptocur🍰rency you would like to use. 

    ➮ Finalize the transaction and start to bet with crypto

  • 4

    Start Betting

    Once you’ve deposited using the best online payment service for betting crypto, you can start gambling. There are promotions th🧸at you can also check to maximize your crypto bett🥃ing online.

How to Withdraw Crypto From a Bookmaker

Crypto withdrawal process is easy and fast. This will involve the same variables from the deposit because you will need a crypto wallet where the coins will be stored. Just make sure that you follow the steps for you to transfer💦 them easier. 

Go to your bookmakeꦓr account and then click the withdraw button. Enter the amount that you want to withdraw from๊ the winnings you’ve earned with your successful gaming.

How to Withdraw Funds

Withdrawing crypto has the same processing as placing deposits to your bookmaker account. Simply look for the withdraw button, indicate how much of your winnings you want to withdraw, and wait for a few minutes for it to be reflected to y🧜our linked crypto wallet.

Canceling Your Withdrawal Request 

The cancellation process depends on the bookmaker’s terms and conditions. Let the site’s chat support team know right away if you want to cancel your withdrawal request. Most top online bookmakers h꧑ave a 24/7 system so you can reach them right away.

Don’t Withdraw All Your Funds at Once

As you place crypto bets, make 💮sure that you are not withdrawing them all at once. It is important for you to know your limits because it’s better to keep some of your funds in the in-game wallet. 

How Deposit and Withdrawal limits work

There will always be deposit and withdrawal limits at online sportsbooks that accept crypto. This is to make sure that each bettor depos🅠its and withdraws funds as smoothly as possible. You’re in control of your betting assets because of these limits.

 

Pros and Cons of Sports Betting with Crypto

Find out what are the facto꧑rs you have to consider if you want to bet using crypto below:

Pros:

✔ Decentralized

✔ Safe, secure and legitimate assets

✔ Fast transaction speeds

Cons:

✖ Volatile in nature

✖ Untraceable since it’s anonymous

Author
Stephen Olayanju
Professional casino content writer with 5 years of experience. He has been privileged to work with many popular casino brands, which are mostly ghostwritten. He’s a casino player and punter too, and has helped many players to get most out of gambling.
Article rating
5/5
1 vote
FAQ. Frequently Asked Questions

  • Make sure that you are picking the right sportsbook based on the markets that they provide and the experience that the☂y give to you. Always choose licensed bookmakers.

  • At the moment, Bitcoin an𒁃d E🍌thereum are the top two assets with Tether or USDT at a distant third.

  • Yes, crypto betting 𓆉service has drastiꦬcally improved through the years which has led to more people making bets with crypto.

  • There is no true answer because it’s sub🌌jective but the top three are all good choices. Tron (TRX) is also a good choice alongside the memecoin turned legit asset, Dogecoin.

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