The Best Betting Sites and Apps Accepted Crypto in India

Crypto, or cryptocurrency, is a special form of payment, the exchange of which does not need to involve monetary authorities, banks, or governmental organizations. Cryptocurrencies are created using cryptographic methods, the use of which allows users to buy, sell or exchange them securely and anonymously.

Cryptocurrencies can be exchanged for goods and services, making them a full-fledged payment instrument in 2021. Bookmakers understand the growing popularity of cryptocurrencies and are actively introducing payment methods that accept cryptocurrencies to websites and applications. Thus, you can use them for your deposits and withdrawals if you prefer this type of cash. Your cryptocurrency payment will be evaluated as a full-fledged transfer of fiat funds and you will be able to use them for your real money bets.

Yes, buying and using cryptocurrencies for your payments to bookmaker sites is perfectly legal. At the same time, due to the peculiarities of transactions with cryptocurrencies, they remain completely anonymous, private, and unavailable for full control, which has a positive effect on the safety of users. From time to time the Indian government discusses the issues of cryptocurrencies and their prohibition, but at the moment no serious measures in this area have been taken and you can use crypto for your transactions.

At the moment, there are a huge number of cryptocurrencies and tokens in the world, which participate in the circulation of goods and services. Bookmakers are actively introducing crypto payments as a way of deposits and withdrawals to improve user convenience. We will tell you about the most popular and most used cryptocurrencies on betting sites.

You need to have cryptocurrency in your cryptocurrency wallet in order to use it for your deposits on betting sites. There are plenty of opportunities to buy this type of currency in India, as they are absolutely not banned here. 

At the moment, there are two main ways to purchase cryptocurrencies:

• You can buy cryptocurrency online. Today, there are many platforms where users can buy, sell or exchange cryptocurrency. You can simply find such a service online, create your e-wallet and purchase cryptocurrency using your bank account or debit/credit card. Once you confirm the transaction, you will receive the cryptocurrency and can use it for your deposits on betting sites;
• You can buy cryptocurrency from other people. If you haven’t found the right cryptocurrency buying service for you, you can buy it from other people. However, you still need to create a cryptocurrency wallet.

New users in the cryptocurrency world are recommended to use the first method because good cryptocurrency exchange sites have a reputation and reviews, which you can study to make sure that they are reliable.

The process of deposit with cryptocurrencies is almost no different from the process of replenishing a gaming account with fiat money. We prepared easy instructions for you, so you will not make any mistakes and you can bet for real money.

So, a user from India needs:

1. Create and deposit a cryptocurrency wallet. Choose a cryptocurrency wallet suitable for you and create it, then purchase the cryptocurrency;
2. Visit the bookmaker’s platform. Choose a site or app from our list of the best betting companies that use cryptocurrency and log in;
3. Login to your account. Use your username and password to log in to your personal account;
4. Click Deposit. In your personal cabinet, go to the deposit menu;
5. Select the cryptocurrency. From the list of available payment systems select a cryptocurrency, with which you want to deposit your game account;
6. Confirm the transaction. Decide on the amount of the transaction and click on the confirmation button. You will see a link on the screen, which is the address of the cryptocurrency wallet. Refill it with the amount of your deposit. After that, the money will instantly come to your gaming account and will be available for use.

Cryptocurrency payments have such huge popularity first of all for the highest level of security and anonymity. No one can trace and view the monetary transactions, and they are sent instantly around the world. The main factors that make cryptocurrency such a secure means of payment are:

• Complete anonymity of transactions, as there is no need for KYC verification to create a wallet;
• The most sophisticated encryption system, secured by blockchain-based technologies;
• The system of keys and passwords that you create to access your account guarantees its safety;
• Cryptocurrency wallets do not disclose your information to anyone, including betting sites, because you are sending an anonymous payment;
• Not regulated in any way by monetary or governmental organizations and yet not banned in India.

All this makes cryptocurrencies a great way to make safe, secure, fast, and anonymous payments. A sophisticated cryptographic mesh protects internal codes from any tampering, keeping your cryptocurrencies safe.

Cryptocurrency deposits and withdrawals are not suitable for everyone. Some users find it very difficult to understand the world of cryptocurrencies and transactions and understand all the intricacies, despite the fact that it is a very reliable payment method. However, betting sites use many methods of transactions in fiat money, among which we can highlight:

• PayTM;
• Google Pay;
• PhonePe;
• Skrill;
• Neteller;
• AstroPay.

All of them are popular and legal in India and are actively implemented on the vast majority of betting sites in India. You can choose the one that suits you and use it in your betting.