We are seeing an increase in the level of cryptocurrency betting and this is happening via two different methods. The first is the number of players who are using cryptocurrency, as more people invest and look for ways to spend their crypto, this is going up.
Secondly, we are seeing an improvement in the service on offer, so rather than just the biggest crypto names being accepted by the online sports betting companies, more are being accepted, and that includes Monero.
The advantages of crypto betting are now on offer for those who want to bet with Monero, a growing cryptocurrency that people are investing in. These advantages include the ability to bet and remain anonymous, as all crypto deposits are anonymous.
Also, look out for bigger betting limits if you are using Monero to place your wagers. This will help the bigger punters out there get bets on without any problems.
Monero players may find themselves with bigger bonuses than we usually see too. These bigger crypto bonuses are becoming more common as bookmakers look to gain as many crypto sports betting players as they can, and the competitiveness of the industry also grows. Let’s have a look at our Monero review and see what Monero crypto betting looks like.
Our prediction that Monero crypto price in 2025 minimum will be 330 USD for 1 Monero and maximum can reach up to $1030.
You can use Monero cryptocurrency in exchanges, hosting and domain websites, buying VPN services, travel and accommodation sites and some adult pages. And of course you can gamble Monero in online casinos and sports betting sites.
You can see in this Monero bookmakers review page that there are a lot of betting sites which accept Monero. But one of the best sites is 22bet, Fortunejack and 888starz.
Best Monero casino is 1xbit, here you can find 1xbet bookmaker review.
Monero is very easy to trade, buy or sell for USD. You can do it in any crypto exchange. The currenct Monero to US Dollar exchange rate is around 200 USD.
Monero currently in circulation is 17,940,807.94 and Monero cryptocurrency market cap are now 3.93 billion USD dollars.
Based the mining hardware inputs provided you can mine 0.00269950 Monero per day with a hashrate of 4,200 H/s.
In Singapore you can buy Monero in Binance and Kraken exchanges.
In Sweden you can buy Monero crypto in Binance exchange.
In Australia you can buy Monero crypto in Binance and Bitfinex exchanges.
The Monero currency was created back in 2014, so it is a far older currency than some of the others on the market. This is a strong indication of stability, so one of the main reasons why bookmakers are now accepting this from their players.
Monero originally came around as a fork from Bytecoin. The coin is now looked after by a community, and its price is not determined on previous transactions as these are all hidden and unknown.
The currency is focused on privacy, and when you consider that many crypto gamblers are playing with these funds because they want to remain anonymous, this is certainly a very strong and unique selling point of this currency.
To help with this, Monero uses unique ring signatures when completing a transaction. These include confidential recipient addresses and which helps with the privacy of this currency. Again, this is something that a lot of people want from their crypto sports betting, so is a unique selling point of it.
The second job of this is to prevent coins from being spent more than once and avoid any issues with that. Every ring transaction is unique, so each coin can only be spent once in a transaction.
If you are one of the people turning to crypto betting because you want to feel safe and remain anonymous, Monero is a good option for you, simply because of this factor. Rather than risking anything, you can feel comfortable and completely safe and secure when you are investing in Monero, buying it or using it to place Monero sports bet.
✔️ Strong use of ring signatures to help with anonymity.
✔️ Very secure cryptocurrency for those who want additional security.
✔️ Created back in 2014, so offers many years of data and stability.
⭕ Smaller currency, so many not be accepted by many bookmakers
Monero is not as big as some other cryptocurrencies with bookmakers and general gambling, so for that reason, make sure you shop around to find a site that accepts Monero if you want to use it. When you have found one, you are free to transfer your funds across and start betting in Monero with them.
The currency can be used in the same way as other crypto payments to bookmakers, you need to securely send this across from your own Monero wallet over to the Monero sportsbook. As mentioned, ring signatures are in place to ensure this currency can only be spent once, so you just need to send the funds over and wait for them to appear in your account.
From the moment these are received and added to your betting account, you are free to place any bets you like on the site using Monero. This means the full range of sports will be open to you, with some sites offering both pre-match betting and in-play betting if you want to bet during a game.
When sending your funds across to your bookmaker, look out for any bonuses you can claim as a new player. These are often available, and give you an excellent start as a new player, with bonus funds, free bets and much more on offer with Monero gambling.
If you are looking to get involved with Monero betting then you need to buy some funds. There are two main options for players here, both of them involve using the crypto exchange.
First of all, if you want, you can simply buy Monero on the exchange, paying with either a debit or credit card to get some funds. Alternatively, if you are already in the crypto industry and you want to move into Monero from somewhere else, or alongside something else, you can buy Monero by exchanging another currency.
For example, if you have some spare Bitcoin that you are no longer going to use (read this – best Bitcoin bookmakers), you can exchange Monero to Bitcoin on Monero to BTC exchange, and then use your Monero to place bets with a bookmaker. This is a great way to buy Monero with Bitcoin and sticking with Monero sports betting but changing it up if you have been using the same currency for some time.
When you have found your bookmaker and you are ready to place bets with Monero, getting hold of the currency is relatively easy for players, so you can quickly start gambling with Monero on the site you have chosen.
Monero have many positives and for that reason, do not be surprised at all to see this currency become a bigger player in Monero online gambling and crypto betting over the next few years. With stability behind it, as this is not a new currency and a real focus on anonymity and security, there is a lot to like for players here.
Monero has ring signatures, which help with both of those, they can keep you safe and ensure funds are only being spent once, while also maintaining anonymity when you make a transaction with your bookmaker, so Monero future looks good.
We are seeing a real change in the way that crypto betting works, with bookmakers accepting many alternative payments to Bitcoin as they look to expand their service and attract new players. Monero is one of the payments they are accepting to do that and a very good choice for punters who are looking for something new to play with.
The final good point to mention is the ease of buying or trading for Monero, which means this currency is accessible to many people. Whether you want to start with Monero, or you want to head to the exchange and trade in another currency for Monero, the options are all there for you and for those who are comfortable with the exchange, the full process is very easy to complete.
After that, it is time to head over to your Monero bookmaker, make a transfer to them with your fund and once that has been added to your account, it is time to start betting.
Use our Monero converter, where you can easily convert Monero into usd or other 17 most popular currencies in the world. For today 1 XMR to USD worth around 200$, 1 XMR to EUR worth 180€, 1 XMR to GBP is worth 150£. But Monero coin price changes every second, so you can do your math with this Monero calculator and count Monero current price. If you want read not only about Monero review, but other cryptos or to know crypto betting strategy, check crypto news category.