Exbet Changes Landscape of Bitcoin Sports Betting

The new Bitcoin sports betting exchange Exbet comes with low commission rate and pre-match liquidity on popular sports accessible at exbet.io.

As the Bitcoin sports betting scene begins to overcrowd, Exbet makes a debut appearance unlike any other as the first-ever licensed blockchain betting exchange designed wholly for cryptocurrency. It has earned the title ‘Betfair for Bitcoin’ as it uses Bitcoin as its native payment option, allowing bettors to experience the benefits of a betting exchange as well as of cryptocurrency.

Helping make Exbet stand out from the competition is its one-percent flat rate commission that beats what other betting exchanges currently offer.

David Evans, COO at Exbet, said:

“With the sporting calendar back on track, we are thrilled to launch Exbet, the world’s first fully-featured and licensed Bitcoin betting exchange. Betting exchange users have, for too long, been neglected by a handful of operators more focused on short-term gains than the long-term health of the vertical.”

At Exbet, bettors can explore and experience the world of peer-to-peer betting, wherein they can place back bets and lay bets across major soccer leagues like the Premier League, as well as other popular tournaments like NFL, IPL, and NBA.

According to Exbet team, more sports will be added to their portfolio in the following months, promising a comprehensive sports betting exchange for the years to come.

Other than being a full featured Bitcoin betting exchange, Exbet also supports API integration for algorithmic trading –a feature uncommon in many Bitcoin casino sites and sportsbooks. With this, more third parties will be able to integrate their very own apps and products into the Exbet betting exchange, thereby providing bettors with reliable odds and lines and a better overall experience in real time.

Evans added:

“We see considerable opportunities at the intersection of blockchain and betting exchanges, with many cryptocurrency users already familiar with exchange mechanics.This new audience, combined with a growing number of exchange veterans and market makers switching to Bitcoin for our low commission rate, means we can offer strong pre-match liquidity immediately.”

Following its release, Exbet is poised to launch more activities in the future as it builds its name in the industry as the licensed Bitcoin and blockchain betting exchange for PC, Mac, and mobile bettors.

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