The Cash App makes buying Bitcoin easy. Bitcoin makes wagering at a sportsbook fast, easy, secure and more private than using regular cash. That’s why more and more gamblers are using both to get in the game and place their bets.
3 Reasons Gamblers Love Using Cash App and Bitcoin to Bet
The first and most obvious reason gamblers love using Cash App is that they can get their hands on Bitcoin easily. Once they do, they don’t need to pay any depositing fees to put their Bitcoin on their sportsbooks of choice. Cash App fees for exchanging cash for Bitcoin are also very low. This means you can place your wagers without having to give money to third-party payment providers or having a sportsbook charge a cash equivalence fee on your credit card.
Cash App and Bitcoin Allow You to Transfer Funds Internationally
If you live in North America and you’ve been gambling online for many years, you may have noticed that a lot of your favorite gambling operators are located in the United Kingdom or remote islands around the world where gambling laws are more liberal.
Although the United States is progressing in legalizing gambling at a state level, the reality is governments like to tax gambling operators as much as they can. This means gambling is going to inevitably cost you more if you’re waiting on a traditional brick-and-mortar casino to accept your sports bets online.
With Cash App and Bitcoin, your gambling exploits can essentially become borderless. It doesn’t matter where the gambling operator or sportsbook is located. You don’t have to worry about turning your bankroll into British pounds or American dollars, and you don’t have to deal with a third-party payment provider once you get your cryptocurrency on your sportsbook of choice.
Privacy and Security
If you’re going to use Cash App to buy Bitcoin, you’ll need to enter debit card information into the app in order to actually make the purchase. Apart from that, all you need is an email address and phone number. Once you make your purchase, you can choose from any number of Bitcoin friendly sportsbooks that won’t even ask for your name, let alone your identification.
As you may already know, Bitcoin itself is secured by a decentralized network of computers, so you don’t need to worry about answering to anybody about your gambling habits, nor do you need to worry about dealing with a traditional bank or credit card company.
2 Ways to Open a Cash App Account
Downloading Cash App and registering an account is as simple as downloading it from Apple’s App Store or the Google Play Store for Android users. You can also go to the Cash App website. It’s free and you can use it to invest money in a variety of ways, including converting it to Bitcoin. Cash App is one of the easiest ways to free some of your wealth as well as your gambling bankroll from banks and governments.
How to Buy Bitcoin with Cash App and Deposit to Your Sportsbook
The Cash App interface is really easy to navigate. You’ll enter your name, email address and phone number as well as pick a username in order to open an account. You have to verify your email address through an automated email sent by Cash App to complete the registration process.
Once you do that and connect your debit card to the app, you can simply click Buy Bitcoin, enter your desired amount, entering a PIN number to confirm your purchase, and that’s it! You’re done!
If you’re new to gambling with Bitcoin, now is the time to get started. If you’re happy saving money using Cash App to buy Bitcoin, you’ll be even happier when you realize that Bitcoin sportsbooks offer better odds than most traditional gambling operators. That’s because they pay lower fees and pass those savings down to you.
Now get out there and build that Bitcoin bankroll!