Wednesday, 10 December 2014

Bitcoin Sports Betting

Bitcoin sports betting is great solution if you want to bet anonymously, have a problem with government restrictions, ISP blocking or taxes. There is no identity checks, Bitcoin bookmakers accounts can be opened with emails, or even without them, and a bitcoin transactions is almost impossible to trace. If you are new to Bitcoin, it is good place to start by reading this bitcoin betting guide.

Bitcoin Betting Guide
Bitcoin Sports Betting Guide
So what is Bitcoin? Bitcoin is an innovative payment network and a new kind of money, digital money. Bitcoin was created as a protocol based on mathematical algorithms and cryptography, so the media often refer to it as a cryptocurrency or digital currency. Bitcoin uses peer-to-peer technology to operate without a bank or any type of central authority. Transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open source, with its design completely public therefore nobody controls or owns bitcoin yet everyone can take part. Because of its unique properties, bitcoin allows fast transactions, instant deposits/withdrawals, and other exciting uses that could not be covered by any previous payment system. One of the key advantages of Bitcoin is that you can keep them anonymously, like cash, so you can also gamble anonymously. Although all the transactions are kept in transparent and public ledgers like blockchain, no personal identifying information is tied to any Bitcoin addresses. 

How and where to buy Bitcoins for your anonymous bitcoin betting? There are various methods to buy and sell Bitcoins. The easiest and fastest anonymous way is to buy them on a bitcoin ATM. You can use this map to find your nearest bitcoin ATM. Bitcoins can also be bought anonymously from individual local traders that can be found on Paxful. Other ways to buy and sell bitcoins are through bitcoin exchanges, one of the best is Binance

If you are new to Bitcoin, there are a few things you should know, and here is a video explaining Bitcoin in short: