Bitcoin Betting introduced a new DeFi app for sports betting and prediction markets. The app offers high privacy by eliminating KYC procedures.
KYC-Free Sports Betting App
Bitcoin Betting has developed a betting app that does not require KYC procedures. It can be considered more as a protocol, similar to Bitcoin or Ethereum, specifically tailored for sports betting and prediction markets. Users can conduct transactions with low fees using Bitcoin and Ethereum, which can be deposited through various blockchain bridges. Identity management is handled through DeFi wallets like MetaMask and WalletConnect.
Decentralization and Security
A standout feature of Bitcoin Betting is its robust decentralization and security. The platform is hosted on IPFS, making it resistant to censorship. Funds are securely held in smart contracts on the Ethereum blockchain, providing protection against confiscation. The platform is managed by a DAO, which automatically collects commissions and allocates them to pay developers. This approach lets users be confident in the security and integrity of the platform.
Efficiency and Competitive Odds
Bitcoin Betting provides a premium betting experience with competitive odds. In major markets, the spread is no more than 2%, ensuring the best conditions for users. The intuitive interface and advanced features make the platform attractive to both beginners and seasoned bettors.
Bitcoin Betting is a powerful betting platform offering secure and advantageous conditions to its users without compromising on privacy and decentralization.