BetOnline to Accept Dogecoin as Payment Method

Cryptocurrency is in vogue. It was only a few years ago that the bitcoins exploded on the scene. While the price of bitcoin has fluctuated rapidly over the past year, it has long established itself as the world's leading cryptocurrency.

The rise of bitcoin came largely due to the growing number of companies that accept it as a method of payment. With bitcoins, you can make deposits and withdrawals on almost any major betting site in the world, which is no small feat. Many people reject traditional forms of payment in exchange for cryptocurrencies. Betting sites are well aware of this trend and are adapting to it. 바카라사이트

Of course, Bitcoin is not alone. Today, thousands of different types of cryptocurrencies are in circulation. Since September 2021, it is estimated that there will be more than 6,500 in circulation. It cannot be said that most of them are basically useless with a small amount of trading.

In recent years, however, several words have emerged as decent competitors of bitcoin in the crypto space. Most legitimate betting sites now accept other options including Etherea, Litecoin and Ripple. The price of Etherea (about $ 3,466) is pale today compared to the price of bitcoin (about $ 47,000), but bitcoin does not have a complete monopoly on cryptography.


Betting sites now accept dogecoins

For several reasons, another cryptocurrency will hit the front pages in 2021. Dogecoin, created in 2013 as a joke among several friends, entered the mainstream of cryptocurrencies this year. The value of each dogecoin is extremely limited - around 24 c each, at the time of writing - but the range is unlimited. About 10,000 dogecoins are made every minute. Unlike bitcoin, which is valuable due to its limited supply, dogecoin was created with abundance in mind.


Dogecoin has become so popular in recent years that it is now accepted by many large betting sites as a convenient payment method. BetOnline, SportsBetting.ag, Wild Casino and Super Slots recently announced that Dogecoin, Chainlink, Tether and USDC are now acceptable ways to make deposits and withdrawals.


It's a big deal, and it's the latest confirmation that Dogecoin and cryptocurrency in general will stay here.


History of betting sites

Dogecoin has been on the Internet for almost a decade. Even though it's a new name for you and me, cryptocurrencies themselves have been around for a long time.


The creators of Dogecoin may not have had any legitimacy in mind when they came up with the idea, but it has definitely diminished in recent months. Earlier this year, Elon Musk posted a few months of hype on social media and even made Dogecoin appear during his May Night Live guest in May.


Many reputable betting sites such as BetOnline, SportsBetting.ag, Super Slots and Wild Casino, which have decided to adopt Dogecoin as a viable banking option, are a clear sign that this is no longer a joke. .



For example, BetOnline.ag is one of the oldest online betting sites that still works. The company started in 2001 and wasted no time and established itself as a leading destination for sports and casino bettors. This site, which operates outside of Panama, has been a safe place for Americans for two decades to bet on sports and play casino games for real money on the Internet. SportsBetting.ag, Wild Casino and Super Slots operate under the auspices of BetOnline. SportsBetting.ag, as the name suggests, is the main website for sports betting. Wild Casino offers a unique range of online casino games, while Super Slots focuses primarily on everything that includes online slot machines. 카지노사이트


Crypto-boom

Bitcoin, the first of its kind, was released in 2009. Since then, thousands of other cryptocurrencies have been launched, although no one has succeeded in achieving the original's success. Crypto has made headlines in recent decades, but has really found its way into the US mainstream earlier this year. Back in April, Elon Musk announced that he had decided to transfer 10 percent of Tesla's cash reserves to bitcoins. That was more than $ 1 billion, and later it sent the price of bitcoin up a month.



Musk's movement is thick. Some believe that the value of traditional currencies, including the US dollar, will only continue in the coming years. These same entities encourage people to invest in cryptocurrencies with a view to the future. It remains to be seen whether cryptocurrencies will eventually provide money and banks will no longer be available, but recent advances in cryptospace have changed the way people and businesses do business.


Major betting sites that choose to accept dogecoins and other forms of cryptocurrencies are just one example of the rocket rise of cryptocurrencies. Until two years ago, the idea of ​​a prestigious site like BetOnline opening its door to a cryptocurrency based meme might have been ridiculous. Now some wonder how it didn't happen before. The main problem with the advent of the crypto boom is security. Crypto has become a global currency and the fact that it is almost exclusively based on the Internet creates potential cyber security issues.


Advantages of using cryptocurrencies on online betting sites

One way to differentiate the best online betting sites from your competitors is to take the lead in cryptocurrency. Not all sites yet accept cryptocurrencies. For example, if you are a dogecoin collector, there are not many online betting sites that are willing to accept them in a way that allows you to make deposits or withdrawals. However, leading sites have been moving in this direction for a long time. Not only does BetOnline and its sister sites accept bitcoins, but the site offers even more benefits to those who choose to use cryptocurrencies.


Users who deposit using bitcoins, dogecoins, litecoins or other cryptocurrencies on BetOnline will not be subject to the deposit fee. Users can also claim a first deposit bonus of up to 100 percent of their initial deposit, one of the most attractive promotions you'll find in the industry today. BetOnline also offers a 35% reload bonus if you deposit a lot of money into your online betting account using one of the many accepted forms of cryptocurrency. These are benefits to which bookmakers using other forms of payment do not have access. Not only will you get the game ahead by paying online with dogecoin, but the site will actively reward you for it!


What's next with Dogecoin?

Needless to say, catching Bitcoin can be a daunting task for Dogecoin. Of course, there is no way Dogecoin can approach the popularity or value of bitcoin. As long as there are enough dogecoins, any number of units will be extremely limited. Therefore, some forecasters believe that this amount will increase further in the coming years. According to DigitalCoin, the average price of Dogecoin will rise to about 44 cents a share next year, from 36 cents in 2021. That number is set to rise again to 71 cents a share in 2023 before it finally breaks the $ 1 average in 2028. 에볼루션게이밍

Of course, the year 2028 is far from now. The clear side is that the amount of dogecoins you can collect is not limited, nor is the amount of dogecoins in circulation. Maybe it started as a meme, but maybe BetOnline's decision to adopt Dogecoin as a convenient payment method will eventually make people realize that he will stay here.

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