Crypto Betting Sites in Nigeria

If you've found your way here, it's safe to say you've got a thing for both cryptocurrency and betting. Over here, we will show you the best crypto-betting sites available in Nigeria.

What to Expect on This Page

TABLE OF CONTENTS 📌

It's perfectly fine to be curious about crypto betting, especially if you're unfamiliar with it. However, having some prior knowledge can enhance your understanding.

We aim to guide you through the ins and outs of betting with cryptocurrency on different betting sites.

Here is a list of what to expect on this page:

  • An understanding of crypto betting sites
  • How crypto betting works
  • List of Crypto Betting Sites in Nigeria
  • The Benefits of Crypto in Betting
  • Disadvantages of Crypto in Betting
  • How to Deposit with Crypto
  • How to Buy Crypto

...and others.

Crypto Betting Sites in Nigeria

Company Bonus Year Founded Accepted CryptocurrenciesVisit Bookmaker
#1
1xBet bonus
1xBet bonus
1xBet
5/5
300% Bonus Up To ₦145,600
Year Founded
2011
Accepted Cryptocurrencies
Over 40
#2
BC.Game bonus
BC.Game bonus
BC.Game
4/5
180% on 1st Deposit
Year Founded
2017
Accepted Cryptocurrencies
Over 120
#3
1Win bonus
1Win bonus
1Win
4/5
500% Deposit Bonus Up To ₦608,000
Year Founded
2018
Accepted Cryptocurrencies
Over 12
#4
CloudBet bonus
CloudBet bonus
CloudBet
4/5
Play Both Sport and Casino Games
Year Founded
2013
Accepted Cryptocurrencies
Over 15
#5
Sportsbet.io bonus
Sportsbet.io bonus
Sportsbet.io
4/5
Vast Crypto Payments
Year Founded
2016
Accepted Cryptocurrencies
Over 20

How Crypto Betting Works 📖

Ever wondered how cryptocurrency betting works?

It's like using digital money to place bets online. Instead of traditional currency, you use secure and decentralised cryptocurrencies like Bitcoin, Ethereum, and more. It's an exciting way to bet on different platforms, offering a modern twist to the traditional betting experience.

Temi's Favorite Crypto Betting Site
Adebimpe Temidayo
Adebimpe Temidayo - MBS Editor

As someone who is into crypto, I can say that it can be complex, and only patient people can navigate trading in crypto. Now, extending it to betting means you are patient and bold because any slightest mistake can lead to loss of funds.

Having explored all the betting sites that accept crypto in Nigeria, BC.Game stands out because you are spoilt for options on the betting site, and you can access popular and less popular cryptocurrencies.

Additionally, BC.Game stands out by accepting a minimum deposit as low as $10, which you won't find on many other betting sites. With the added advantage of allowing payments in dollars, it’s a top choice in the market for me.

Finally, BC Game has a great casino section, so I highly recommend it.

PS: You can even trade crypto on BC. Game.

Top 5 Bookmakers that accept cryptocurrency

Crypto Betting Sites
Accepted Cryptocurrencies
Deposit with coin of choice
1ETH, BTC, XRP, Litcoin, DogeCoin, Solana, Tron, Dash, Monero, Cardano, NEM, Verge, Polkadot, EOS Stellar, Zcash and moreDeposit with coin of choice
2BTC, ETH, DOGE, XRP, ADA, DOT, TRX, BNB, AVAX, SOL, Matic, CRO, FTM, RUNE, ATOM, NEARDeposit with coin of choice
3BTC, Tether, ETH, Tron, Litecoin, Monero, Dash, Doge, Ripple, Stellar, ZcashDeposit with coin of choice
4BTC, ETH, USD, XRP, ADA, Solana, Polkadot, Doge, Ton, Dash, Shiba Inu, Tron, Stellar, Chainlink, FantomDeposit with coin of choice
5BTC, ETH, USD, XRP, ADA, Solana, Polkadot, Doge, Ton, Dash, Shiba Inu, Tron, Stellar, Chainlink, FantomDeposit with coin of choice

FREQUENTLY ASKED QUESTIONS

What is Cryptobetting?

Crypto betting involves using cryptocurrencies, like Bitcoin or Ethereum, for online betting activities. It utilizes blockchain technology for secure and transparent transactions, offering some features such as decentralization and anonymity.

Which betting site accepts Bitcoin?

Given Bitcoin's widespread popularity in the crypto world, it is common for active crypto betting platforms to include it in their options. Notably, 1xbet, Wazobet, and Accessbet are among the betting sites that accept Bitcoin.

Can you bet using crypto?

You can bet using cryptocurrencies on various online betting sites supporting crypto transactions. Popular cryptocurrencies like Bitcoin and Ethereum are commonly accepted for betting.

What are the top crypto betting sites in Nigeria?

1xBet, Wazobet, Accessbet.

Is Crypto and Crypto Betting Allowed in Nigeria?

It's important to note that cryptocurrencies are not integrated into Nigeria's banking sector.

As of March 2024, end-to-end transactions on the world’s largest cryptocurrency exchange, Binance, were banned due to concerns over money laundering and the devaluation of the naira.

Despite this ban, cryptocurrencies continue to be actively traded on various exchanges in Nigeria.

For bettors, this means that while you can choose to bet with crypto, it comes with inherent risks.

A safer option is to stick with traditional betting sites, which are accessible to everyone without restrictions except for those under 18.

1 XBET BEST CRYPTO

Depositing on Crypto Betting Sites

Depositing on a crypto bookie is incredibly quick, easy, and hassle-free. Unlike traditional betting sites that often require inputting credit or debit card details, crypto bookies streamline the process. As our top choice, we'll use 1xBet as an example to demonstrate the straightforward steps for making a deposit.

How to deposit on Crypto Betting Sites in Nigeria

1
Register with 1xBet

The first thing to do is Register with 1xBet if you do not have an account. It is super easy

  1. Visit 1xBet and click the "Registration" button
  2. Select "By Phone" as your registration method
  3. Enter your phone number and request a confirmation code
  4. Fill in the other details
  5. Enter your confirmation code
  6. Choose your preferred bonus
  7. Click Register

You can read this detailed guide on how to register.

1xbet crypto register
2
Navigate to the Deposit Section

After registering, log in and head over to the deposit section of the platform.

This is typically found in the right corner of the main page with a green-in-colour button.

1xbet crypto step 2
3
Choose the cryptocurrency you want to deposit

Choose the cryptocurrency you want to deposit with. 1xBet supports various cryptocurrencies. On 1xBet, there is a long list of about 38 different cryptocurrencies available, and you can pick your desired coin.

1xbet crypto step 3
4
Generate Deposit Address

1xBet will generate a unique deposit address for the chosen cryptocurrency. This address is where you'll send your funds. Each deposit address is unique to a particular coin.

So, using the specific deposit address peculiar to each coin is advised. You can click the confirm button.

1xbet crypto step 4
5
Transfer Crypto

Remember that we have touched on how to get and fund your crypto wallet. What you need to do now is to copy the address as seen on 1xBet or scan the QR code.

Then, use that crypto wallet to send the desired amount to the provided deposit address.

1xbet crypto step 5
6
Wait for Confirmation, and Start Betting

Being your first time, cryptocurrency transactions may take some time to confirm on the blockchain. Wait for the transaction to be verified. Once confirmed, check your 1xBet account balance. Your deposit should reflect, and you can start betting with crypto.

Remember to double-check the deposit address to ensure accuracy and follow the specific instructions provided by the betting site, in this case, 1xBet for cryptocurrency deposits.

1xbet crypto step 6
Screenshot 2024 01 12 125059

Pros of Using Crypto Betting Sites ✅

Swift Transactions ⚡

Gone are the days of waiting for days on end for your winnings to enter your bank account. Cryptocurrency withdrawals are lightning-fast, providing almost instant access to your funds.

Privacy and Anonymity 🕵️

Cryptocurrency transactions provide privacy and anonymity that traditional methods can't match. With crypto betting, you do not need to input your card details or BVN and risk being hacked or having your details saved on an unwanted site. This makes sense if you do not like sharing personal information.

No Payment Limits 🔓

Traditional platforms often restrict wagering amounts, limiting the engagement of both high rollers and casual bettors. Cryptocurrency introduces a significant advantage in betting with its flexible payment limits. You can deposit and withdraw a significantly higher amount compared to a regular betting site.

    Low Transaction Fees 💸

    Betting with crypto means buying and betting crypto with little to zero transaction fees. For instance, if you buy a coin called FTN, as seen on Accessbet, be sure there are zero charges on any transaction you make. However, this is unique for each site. Please confirm with the site before you go ahead.

      Cons of Crypto in Betting Sites ❌

      Too cumbersome

      Understanding the intricacies of crypto betting sites can be challenging for newcomers. Navigating through various processes, from setting up a digital wallet to comprehending cryptocurrency transactions, may seem overwhelming initially.

      The market fluctuations

      The value of cryptocurrencies can be unpredictable. While this volatility can be advantageous for investors, it poses a risk for bettors. Imagine winning big only to see the value of your earnings fluctuate wildly.

        Requires extra attention to details

        Utilizing crypto betting sites demands heightened caution, particularly when dealing with wallet addresses and networks. One small mistake, such as pasting funds into the wrong wallet address, can result in irreversible consequences. The need for meticulous attention to detail is crucial to avoid potential financial losses.

        Crypto Betting App

        The option to access and bet with crypto is available, but not all the betting sites listed on this have an app. This isn't because of crypto but simply because some bookies, like 1Win, haven't developed a betting app yet.

        However, 1xBet offers a great app that not only accepts crypto for payments but also includes a wide range of sports features, bonuses and more.


        Quick Comparison of Bookmakers that accepts Crypto

        Major Features1xBetBC.Game1Win
        Welcome Bonus Offer₦145,600180% on 1st Deposit₦10,000
        Variety of Available Crypto4012030
        Accepts Regular Payment MethodYesYesYes
        Available Betting AppYesNoNo
        Sports402015
        For Newbies

        Learn how to buy crypto so you can start betting in Crypto!

        How to Buy Crypto in Nigeria

        Cryptocurrencies are traded like regular currencies on the foreign exchange market, with prices changing relative to each other. What sets them apart is the ability to send them without a bank.

        Now that we are here, it is important to state that dealing with crypto requires a lot of care and attention to detail. Proceed with caution when buying or depositing cryptocurrencies, as a simple mistake, such as sending funds to the wrong network, could result in the irreversible loss of your money. There are different coins and also networks. While some coins may accept networks like BEP2, ERC20, and BEP20, others may not.

        With crypto, mistakes are not forgiven!

        Once you make an error of sending it to the wrong network, you automatically lose your money. Double-check all transaction details to ensure accuracy and security, safeguarding your digital assets from potential risks.

        How to Buy Crypto

        The first step when buying a coin is to have a cryptocurrency wallet.

        Having a cryptocurrency wallet is an essential starting point!

        What is a Cryptocurrency Wallet?

        A cryptocurrency wallet is a digital tool that allows users to securely store, receive, and send their cryptocurrencies. It doesn't actually "store" the coins but rather stores the cryptographic keys (private and public keys) needed to access and manage the user's cryptocurrency holdings on the blockchain.

        Cryptographic keys play a central role in securing transactions and ensuring the integrity and authenticity of digital assets.

        There are lots of crypto wallets out there, like Ledger Nano S, Trezor, MyEtherWallet, Trust Wallet and many others. But for the sake of this article, we will pick Trust Wallet and guide you on how to open it.

        Trust wallet
        How to open a Trust Wallet Account

        Step 1: Get the latest Trust Wallet App on the Trust Wallet official site, or visit your APP/Google Play Store to download it.

        Step 2: Register with Trust Wallet. Input the necessary details

        Step 3: Verify your account.

        Step 4: Select “Create a new wallet” and press “Continue” to accept the terms.

        Step 5: Copy and save your recovery phrase somewhere safe. (It is usually 12 words). These words will be used in case you lose access to your wallet, and they are the only way to regain access to the wallet.

        Step 6: Verify your recovery phrase.

        Step 7: You will get a screen stating, “Your wallet was successfully created.” Click OK.

        Now that you have opened a Trust wallet, the next important thing is to fund your newly created wallet. Here is how to fund it:

        How to Fund Your Trust Wallet
        1. Log into your trust wallet.
        2. Click on 'Buy'.
        3. Select which cryptocurrency you want to buy
        4. Choose your preferred payment method (credit card, bank transfer).
        5. Select a provider (Transak, Moonpay)
        6. Make payment and receive your cryptocurrency.

        Here are some popular and legitimate cryptocurrencies; the majority of these coins are available on 1xBet: Bitcoin (BTC), Ethereum (ETH), Tether (USDT), BNB (BNB), XRP (XRP), Cardano (ADA), Solana (SOL), Dogecoin (DOGE), Polkadot (DOT), Polygon (MATIC), Shiba Inu (SHIB), TRON (TRX), Avalanche (AVAX), Litecoin (LTC), Bitcoin Cash (BCH).

        Summary
        Adebimpe Temidayo
        Adebimpe Temidayo

        In this article, we have touched on the nitty-gritty of crypto betting, which should give you the confidence to bet with crypto.

        While crypto betting has yet to gain so much popularity in this part of the world, some betting sites are adapting to this new trend as it is the next big thing in the gambling world.

        Despite seeming a bit tricky, the process is simplified, and you can read this page again to learn everything you need to know about crypto betting so you do not miss out on massive opportunities, bonuses, promos, high odds and much more.

        Embrace the constant evolution and elevate your wagering adventure. You can take your betting to another exciting level with crypto today! Do not forget to bet responsibly.

        List of Crypto Betting Sites in Nigeria

        Company BonusVisit Bookmaker
        #1
        1xBet bonus
        1xBet bonus
        1xBet
        5/5
        300% Bonus Up To ₦145,600
        #2
        BC.Game bonus
        BC.Game bonus
        BC.Game
        4/5
        180% on 1st Deposit
        #3
        1Win bonus
        1Win bonus
        1Win
        4/5
        500% Deposit Bonus Up To ₦608,000