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Asia Casino News outlet for Online Gaming and Gambling Industry in Asia.

Crypto Betting and Its Infrastructure in India

December 22, 2021 BlockchainIndustry Updates

Is Online Betting with Crypto Possible and Safe in India?
When it comes to online betting, one of the important factors to check on a site is the payment options. This determines how convenient your gaming experience will be. Fortunately, the majority of online betting sites today offer customers a plethora of payment solutions but now that many online industries are starting to adopt the use of cryptocurrencies, can you also bet with Bitcoin and other cryptos?

Definitely!

Cryptocurrency gambling has been practiced for a while now and many would say that it is convenient and safe. Cryptocurrency holders find that using Bitcoin or other cryptos is the best way to avoid restrictions or limitations that are in place in their location when it comes to gambling.

For example, in India, betting sites that don’t allow transactions if Rupees are prohibited. However, there is still no law that prohibits the use of cryptocurrencies in online casinos and bookies. This is why 10CRIC India Bitcoin betting is a hit in the country.

What to Consider When Betting with Crypto
While it is already possible to bet with Bitcoin, Ethereum, Cardano, and many other altcoins, there are still betting sites that don’t have this option yet. There are also gaming sites that only transact with their customers through the use of cryptocurrencies but most of the time, gaming options on those sites are a bit limited.

Source: https://www.tronweekly.com/crypto-betting-and-its-infrastructure-in-india/
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