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Crypto Converter
We are seeing a big rise in the number of people using the various cryptocurrencies that are now available. This has changed because we are seeing more currencies available, but also because many more people now trust them. This trust has worked its way into business, and more than ever before, we are seeing businesses accept crypto off their customers.
One industry to do this is the crypto gambling industry, with the number of bookmakers accepting crypto on the rise. Anyone looking to bet with cryptocurrency certainly has more choice now when it comes to that than they did just a couple of years ago.
It should also be noted that we are no longer in a situation where Bitcoin dominates the crypto betting market, and Ethereum is the only other option for players. We are now seeing many crypto bookmakers branch out and accept many more alternative cryptocurrencies, newer and younger ones who are still finding their feet and growing in value.
Using crypto to bet has its advantages, and those include betting with greater limits in place, and placing bigger wagers than some other bookmakers would usually accept. There is also the benefit of anonymity if you don’t want your bookmaker to know who you are. When transferring cryptocurrency into your account, no name and details need to be given, so you can keep your betting away from personal life.
Anyone getting involved should be on the lookout for some big bonuses too, which are more likely to come when using crypto. These continue to become bigger and more accessible for players, a good side to the industry and one that will seemingly only continue to improve.
Bitshares reviewHere we take a look at BitShares review, a cryptocurrency that has been around for quite a few years now, but one that continues to grow in popularity. This crypto is one you can use to place your crypto bets if you wish, with bookmakers beginning to accept it.
BitShares formerly know as PTS was founded in 2014 by Dan Larimer. Its exchange peer to peer distributed ledger and network. This crypto created with open source C++ blockchain implementation which acts as a consensus mechanism.
You can buy Bitshares (BTS) cryptocurrency directly with your debit or credit card in sports betting crypto bookmakers or in exchanges like Binance or Coinbase.
According to our the latest BTS crypto price prediction – Bitshares price will hit $2.00-$3.00 range by the end of 2025.
Bitshares price prediction for 2030 is very optimistic, price will be $5.00 by the end of 2030.
Bitshares market capitalization now is around $300 million.
You can store Bitshares crypto on wallet which have version for Windows, Linux, Mac OS X or just have mobile wallet app.
What Makes BitShares Unique?BitShares was founded back in 2014, so has been around for longer than some of the other cryptocurrencies we are seeing move into the betting industry. The people behind this have had success with other cryptocurrencies, they will be hoping that BitShares can follow in those footsteps.
BitShares is an exchange and is one of the many exchanges that are now putting forward plans to be approved in the US market, if this happens then it will be a big boost for BitShares coin, as well as any others that are accepted.
In terms of what BTS is, which is the coin of BitShares, this is considered to be a legacy coin. The reason for this is because it predates most exchanges, while it also uses community-elected people for governance. The currency is seen as more stable than some other options, which will always appeal to people, and available Bitshares buy, sell and trade on a number of the bigger crypto markets.
AdvantagesPerhaps the main advantage of this BitShares coin review is the fact that it has been around for longer than many other cryptocurrencies, and on top of that, it also offers a more stable entry point into crypto. You will find BitUSD, BitEUR and BitCNY which are all valued based on their tie with the BTS coin price of dollars, euros and yen.
There are also ties available to the price of gold and silver, and all of these together give people confidence, which is incredibly important when any kind of crypto is looking to make its mark.
These two aspects are two of the first things which potential new investors look at to determine if they want to get involved. With both boxes ticked well by BitShares, people will feel this is a smaller risk than what is available elsewhere, which could be the deciding factor.
DisadvantagesIn terms of a disadvantage for this BTS coin review, BTS crypto coin are viewed by many as a security, rather than a currency because they cannot be mined and used as collateral. You can create tokens and change them into BTS cryptocurrency which are tied to a real-life asset that we have already spoken about. This is likely to prevent any huge growth in the future, we have already seen a slow rise over the years from this form of crypto, that seems set to continue.
How to Use BitShares for Sports Betting?If you want to use BitShares for sports betting then you will first need to find a betting company that accepts cryptocurrency. You may be lucky and find one that accepts BTS coin from you, though that is unlikely and this means that you will also need an Bitshares exchange to trade in your BitShares for something else.
For example, you can hold BitShares and when you are ready to place a bet, head to the exchange, trade-in some BTS coins for Bitcoin as an example, and then head to your bookmaker to place your bets using Bitcoin for sports betting.
This can be done with other cryptocurrencies, just make sure your bookmaker accepts the currency you are trading with before you make the deal. This should allow you to keep investing in Bitshares, is the hope Bitshares value will go up, will being able to place bets using the money you have made by trading for Bitcoin or another bigger cryptocurrency.
Where to Buy BitShares Coin Crypto?BTS coins are seen as a security, rather than a currency. This means that tokens can be created by those who want to get involved in the BitShares network. You are investing here, and hoping for growth, then using that growth and the money you have made from it to buy other cryptocurrencies so you can get more for your investment.
To buy BitShares crypto, you will need to head to the network to create BTS token. After you have done this, you can sit on them, look to trade for something else, or sell them on an exchange. The good news is that BTS coins are accepted on a wide range of markets, so once you are involved with BitShares and BTS coins, you will have no problem finding a place to trade.
When you have created and bought your BitShares, make sure you have the official BitShares wallet to keep your investment in, this is used for transfers when you are looking to make a move.
ConclusionBitShares crypto is slowly on the rise and the speed of this rise is unlikely to change. This is because BitShares is seen as a security, and because the BTS coins you can get are linked with other currencies around the world or the price of gold and silver.
The big advantage to this is that you should see a far more stable value on your investment, which is particularly of interest to those who are investing for the first time. Over time, we may see bookmakers begin to accept these coins, but for now, this is an investment opportunity which you can use to fund your betting by purchasing other cryptocurrencies and getting a good deal because you invested at the right time.
There are many experienced cryptocurrency heads behind BitShares, and this will likely keep driving it forward in the future towards further growth.