The crypto-currency is now well present in France and is taking more and more place in financial transactions. But then, is it possible to use it to play sports betting? Answer in this article!
There are many possibilities to own crypto-currency. Certainly, it is not possible to enjoy it on bookmakers in France but you can nevertheless use it on sites, authorized by the ANJ, to resell your crypto-currencies and deposit this money on operators.
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This is a method that should make many bettors happy. Generally, there is no commission at all. Here are the two sites that allow you to do this in France.
Betting crypto with Neteller
Neteller allows you to buy or resell crypto. This digital wallet thus allows you to manage your money very easily. The player will therefore be able to withdraw crypto currency in a few seconds to enjoy in sports betting.
Do you want to deposit this money at a bookmaker? Here is the procedure to follow:
- Open your Neteller account
- Join his crypto-currency portfolio
- Choose the crypto-currency to convert
- Click on sell in the currency of your choice
- Money can now be withdrawn or sent to a sports betting site
Neteller has the arguments to convince those who want to bet with crypto-currency! Indeed, it is very simple to create an account. And afterwards, the deposit on a bookmaker is done instantly. You will then have to go to the “withdrawal” tab of your operator and then choose Neteller. You will only have to indicate the amount to deposit (available on your Neteller balance) which will be credited to your player account.
ℹ Many bookmakers in France allow Neteller as a payment method.
Betting crypto with Apple Pay
It has become a very popular solution for all players! It is possible on some operators to pay directly with Apple Pay. However, you will not be able to have crypto in your account, but it is possible to sell crypto and choose Apple Pay as a withdrawal option. Great news for anyone who wants to take advantage of crypto in sports betting.
The recovered money will be available to be placed on bookmakers that allow Apple Pay. As with Neteller, you will simply need to join the tab to deposit money to the operator. Then, you will have to select Apple Pay and then indicate the amount you want to transfer to your game balance.
Options that remain prohibited in France
The ANJ, which is in charge of managing the sports betting market in France, does not allow all deposit solutions. Except via Neteller or Apple Pay, it will not be possible to deposit money at bookmakers with crypto-currency. As far as the most well-known crypto-currency is concerned (in this case bitcoin), it will be impossible to use it on sports betting operators in France.
It is not really surprising to know that most crypto deposits in sports betting are not available. This is because the NJA is still very strict about the payment methods on operators. The main reason is that it is almost impossible to know where the money comes from.
Moreover, you have to be very careful with bookmakers that allow deposits with crypto, outside of France because these methods are not necessarily reliable. That’s why we advise you to bet on the French market with legal deposit methods like Neteller or Apple Pay. If you have any concerns, you can contact the ANJ.
FAQ – Cryptocurrency sports betting
Is it worth betting with crypto-currencies?
This depends mainly on the method you choose. For Neteller and Apple Pay, there is almost no commission on the various bookmakers. These solutions are therefore likely to convince many punters. Especially since it is very easy to convert your crypto-currency and then use it at the operators. These two methods are therefore legal and should not fail to make many players happy.
Is it safe to bet with cryptos?
This has already been said before. It is important to take advantage of it only on the French territory. If there is any problem, when you deposit, you can get help from the bookmaker’s customer service or directly from the ANJ. And these solutions (Neteller and Apple Pay) are offered on most sites. So there is no need to worry at all when it comes to funding your player account.
Do bookmakers accept bitcoins?
It is no longer a surprise to know that bitcoin is the most famous crypto-currency on the planet. But then, is it possible to profit from this crypto-currency with sports betting? It remains prohibited by the ANJ on French bookmakers. To take advantage of this money, you will have to withdraw it beforehand and then deposit it on the site of your choice.