Launching in 2017, Cardano (ADA) is one of the most secure cryptocurrencies that can be used to fund online sportsbooks, as well as request payouts. The third generation crypto can be used for instant deposits for online sportsbooks that make bettors feel safe that all transactions and transfers are secure. When jumping on live NFL betting action, it is crucial to have a trustworthy deposit method available like ADA that offers one of the fastest processing times on the market.
Best Online Sportsbooks That Accept ADA
|Cardano USA Sportsbooks||New U.S. Player Bonus||Go To U.S. Betting Site|
|Review||50% Up To $250|
|Review||50% Up To $1,000 NEW!|
|Review||50% New Member Bonus!|
|Review||100% Up To $300|
|Review||50% Up To $1,000 NEW!|
No Fees With ADA
As one of the few online sportsbooks that accept Cardano, BetOnline makes it easy to use the cryptocurrency to fund the sportsbook account. For deposits and withdrawals, the online sportsbook does not charge any type of fees or involve any other banking companies. By not requiring a fee on the amount that is deposited, BetOnline allows bettors to be able to wager all the money they want. From the moment a bettor acquires ADA, of the excitement of requesting a payout from a bet that hit, BetOnline does not sue fees to take away from any winnings.
Quick And Easy Deposits/Withdrawals
By removing any stress around depositing or withdrawing from an online sportsbook SportsBetting has ensured that bettors will have an easy and enjoyable experience when using ADA. It only takes the online sportsbook a maximum of two hours to credit the deposit into an account, but it usually only takes a few minutes. With ADA processing quickly, bettors do not have to worry about missing any potential sports betting action. Withdrawing through ADA could take up to two days, but is typically processed within an hour.
Step By Step Guide To Betting On Sports With ADA
The whole process of attaining ADA and using it to place a wager on an online sportsbook can easily be done within an hour. All bettors have to do is purchase the currency with a debit/credit card or bank account, and then transfer it to their preferred wallet or straight into the desired online sportsbook. As soon as the transfer is complete, the sportsbook bankroll is funded and ready to be wagered on anything the sportsbook has to offer.
Steps From Buying ADA To Placing Wagers
- Visit a crypto exchange website like Coinbase, and search for or scroll over the currencies for sale, until ADA is found on the platform.
- Decide how much is wanted to be purchased, keeping in mind most exchange platforms will charge a few dollars for a processing fee.
- Choosing a payment method to purchase ADA with, most exchange platforms accept bank account transfers, debit cards, and wire transfers.
- After the purchase is complete, open up the online sportsbook, and copy the address that can be found for crypto deposits in the banking section of the sportsbook.
- The exchange platform or the wallet will have a send and receiver section. To transfer the ADA, click the send option, and paste the address that was found on the online sportsbook.
- After confirming the sending of the currency, it will take the sportsbook a few minutes to process the transaction, and then bettors can place their first wager through ADA.
Ada Deposit Limits, Times And Fees
There are no fees for depositing ADA into the online sportsbooks talked about on this page, and the currency will be processed within a few hours. For most transactions, ADA will only take a few minutes to go from the platform exchange or wallet to the sportsbook. The Cardano blockchain is super fast and secure. However, each online sportsbook has a minimum and maximum deposit that are accepted weekly.
Cardano Info By Sportsbook
|Sportsbook||Minimum Deposit||Maximum Deposit||Processing Time|
ADA Sports Betting Bonuses
Before depositing into a sportsbook, bettors can claim different types of bonuses to increase the amount that is available to wager, when depositing with Cardano or any other cryptos. There are first-time bonuses for new users, and reload crypto bonuses for bettors who have deposited crypto into the sportsbook before. All of the bonuses have a rollover requirement, that will not allow withdrawals until the specified amount has been wagered.
|Sportsbook||Bonus Name||Bonos Code||Maximum Bonus||Minimum Deposit|
|BetOnline||100% 1st Crypto||CRYPTO100||$1,000||$20|
|SportsBetting||35% Crypto Reload||35CRYPTO||$350||$20|
Can I Get Sportsbooks Winnings Paid Out In ADA?
Getting paid out from an online sportsbook with Cardano is even simpler than making the first deposit. Before requesting a payout, bettors need to set up a free crypto wallet or be ready to send it back to the exchange platform like Coinbase that was used to deposit. In that wallet, there is an address connected to the receive button on the page, and bettors need to copy that address. Bettors can select the amount that they want to withdraw from the sportsbook, and paste the address from the crypto wallet, not the designated box. Once this is complete, the funds will be processed in no longer than two full days.
Cardano Withdrawal Info
|Sportsbook||Minimum Withdrawal||Maximum Withdrawal||Processing Time|
Can I Deposit ADA But Withdraw In A Different Crypto?
Yes, most online sportsbooks, including BetOnline and SportsBetting, allow bettors to withdraw using a different cryptocurrency that they deposited with. For example, if a bettor deposited into an online sportsbook with Cardano, they will be able to get paid through Bitcoin, Ethereum, Litecoin, or many types of crypto depending on the sportsbook.
Best Exchange Sites
- FTX US
Best Crypto Wallets
- Trezor Hardware
Pros And Cons For Using ADA To Bet On Sports
Pros For Using ADA
- Safe and secure transactions
- No fees for deposits or withdrawals
- Deposits that process within two hours
- Withdrawals that process within two days
- No banks/third parties involved
- Easy to use
Cons For Using Cardano
- Not currently accepted by state-regulated sportsbooks
- Weekly deposit/withdrawal maximums are lower than Bitcoin for most online books
Are Online Sportsbooks That Accept ADA Legal?
The online sportsbooks that accept ADA as a form of payment to fund a bankroll are completely legal. These online sportsbooks are licensed internationally, and deliver a sports betting experience that is safe, secure, and aligned with the law. Many states have sports betting that is regulated by their state, but these markets do not currently accept any cryptocurrencies as deposit or withdrawal methods at this time.