Crypto Coins you can bet with at Housebets

Bet on your favourite team players, and casino games at Housebets with your preferred Cryptocurrency. 

Crypto gambling is the biggest thing in the online gambling industry now, with online casinos like Housebets conducting transactions exclusively in cryptocurrency. 

While the crypto industry may be tricky to understand for a newbie, crypto gambling is not like that. 

In fact, it is simple to understand as long as the bettor or user has been betting with fiat currency, which is still a viable option. 

Crypto gambling is simply the use of cryptocurrencies to conduct betting transactions at online casinos like Housebets as opposed to fiat currency. 

What is Cryptocurrency? 

According to Forbes, cryptocurrency is a digital, encrypted and decentralised medium of exchange. 

This means, unlike fiat currencies like the US Dollar, the Euro, and the Pound, managed by financial organisations, there is no agency that manages and maintains the value of a cryptocurrency. 

Just like your regular fiat currency, you conduct transactions with cryptocurrency, although most people prefer to invest just like your stocks. 

However, one important thing to note is that, unlike your fiat currency, cryptocurrencies are volatile. 

But if that is the case, why is it popular among people and online casinos? 

Advantages of betting with Crypto at Online Casinos 

Anonymity and Privacy - Enhanced level of anonymity through transactional capability without revealing personal information

Security - Due to blockchain technology, cryptocurrency boasts unmatched security for online betting.

Fast Transactions - Deposits and withdrawals can be processed within minutes through cryptocurrency wallets 

Global Access - Cryptocurrency is void of geographical boundaries, allowing players from around the world to make deposits and withdrawals without any unnecessary hassles

Potential for Value Appreciation - Unlike fiat currencies, cryptocurrencies have a higher chance of increasing in value. This is especially true with Housebet’s $HBTS currency with a lower burn rate and reduced circulating supply to increase the token's value. 

Types of Cryptocurrency

Bitcoin: There are many types of cryptocurrency, but the most popular one is Bitcoin. Bitcoin is the first cryptocurrency ever known and was created in 2008 by someone named  Satoshi Nakamoto. 

Like other cryptocurrencies that have come later, Bitcoin is used as a store of value rather than a medium of exchange or transaction. 

The price can go up or down depending on the market. Its symbol is that of a currency shaped in the alphabet B with an orange background. 

Ethereum: Ethereum (ETH) is arguably the second most popular cryptocurrency after Bitcoin. It was created by Vitalik Buterin in 2014 and it is second only to Bitcoin in market capitalisation. Like Bitcoin, Ethereum is also more of a store value than a means of exchange for crypto users. 

Tether (USDT): Tether (USDT) is a cryptocurrency pegged to the US Dollar, meaning its value is determined by the price of the US Dollar and it is backed by Tether Dollar reserves. 

Tether (USDT) is the largest stablecoin and has the largest market capitalisation in the crypto market after Bitcoin and Ethereum. 

Other cryptocurrencies include Litecoin, BNB, USD coin, Doge and many others. 

Which of these coins are available at Housebets? 

You can find almost all these coins at Housebets, including 

<li>Bitcoin (BTC)</li><li>Ethereum (ETH)</li><li>Binance Coin (BNB)</li><li>Tether (USDT)</li><li>Litecoin (LTC)</li><li>Shiba Inu (SHIB)</li><li>USD Coin (USDC)</li><li>Tron (TRX)</li><li>Polygon (MATIC)&nbsp;</li>

How do I deposit these coins to fund my bets at Housebets?&nbsp;

It’s easy and simple as long as you follow the simple steps below:&nbsp;

<li>Go to<u> Housebets.com</u></li><li>Log into your account or sign up if you don't have an account</li><li>Click on Wallet</li><li>Click on Deposit</li><li>Click here to view and select your preferred Cryptocurrency</li><li>Choose your preferred Cryptocurrency and network</li><li>Copy the Wallet address or scan the QR code and transfer from your wallet.</li><li>Coins will be deposited automatically after 6 network confirmations.</li>

What to note before betting and gambling with Crypto at Housebets

Before betting with crypto at Housebets, it is important you follow these tips and also practice responsible gaming.&nbsp;

<li>&nbsp;Understand the rules of the game you are betting on. Whether you are betting on casinos or sports, you must understand the rules of what you are betting on as that would help you to make informed decisions.&nbsp;</li><li>If you are betting on slots, always check the RTP and volatility before going ahead to place your bets.&nbsp;</li><li>Take advantage of the bonus given by online casinos. Most online casinos, including Housebets, give out massive bonuses, so ensure you take advantage.&nbsp;</li><li>Set a limit for yourself. Do not go over your spending limit&nbsp;</li><li>Bet with your head and not your heart.&nbsp;</li>

How do I withdraw my winnings at Housebets?

To cash out your winnings, go to the wallet section, select "withdraw," choose your preferred withdrawal method, enter the amount you wish to withdraw, and follow the on-screen prompts. The withdrawals are instant.

Why should you choose housebets?&nbsp;

Housebets has some of the best offers on the site and amazing bonuses including, a 200% welcome bonus and a chance to pre-mine $1M of tokens. Also, you get to enjoy easy transactions. You can deposit into your account with any preferred currency of your choice with a fast payout option on winnings.&nbsp;

There is a wide range of casino games to choose from. In the sportsbook section, you can also bet on live events, tennis, American Football, Soccer, Basketball, and other sports.&nbsp;