Best Binance Coin Esports Betting Sites

Welcome to our exclusive guide outlining the best Binance Coin esports betting sites available in 2022. We believe this information will prove crucial to people seeking a reliable esports betting site, particularly...
Read more
1.

BetOnline

Sports Rating 8.70
Available in
Available in United States
8.70
Bonus: 
50% Welcome Bonus up to $1,000
Description: 

BetOnline is an online casino with higher than average betting limits. It offers sports betting, poker, casino, esports, and lots of bonuses throughout the year.

General Information

Year founded: 
2004
Cryptocurrencies: 
Binance Coin
Ethereum
Litecoin
Bitcoin Cash
XRP
Stellar
Cardano
Tether
USD Coin
Dogecoin
Solana
APEcoin
Avalanche
Bitcoin
Chainlink
Polygon
SHIBA INU
Languages: 
English
Licence(s): 
Panama Gaming Commission

Anonymity

BetOnline does not offer anonymity. You must provide your country, postal code and phone number just to open an account. 

Reputation

BetOnline has a fair reputation depending on who you ask. They offer a wide variety of betting options but there are also many complaints against them.

Play on BetOnline
2.

Stake

Sports Rating 9.48
Not Available in
Not Available in United States
9.48
Bonus: 
Exclusive 10% Lifetime Rakeback using code MANIAKS
Description: 

Stake is a popular option for betting crypto on sports and casino games for many reasons, including their neat user interface, and the variety of sports/games they offer.
While they do not offer a welcome bonus, they are one of the best crypto gambling sites around in terms of VIP perks, cashback, and bonuses.

General Information

Anonymity

Stake doesn't require much information when registering. To complete your first deposit, you will be required to complete KYC level 1, which means you will have to share basic information such as name, DOB and residential address. This information can be changed later down the route.

Like most of its competitors, for regulatory reasons, Stake reserves the right to ask for further KYC documentation to confirm your identity and location. However, Stake is known to be privacy-friendly, and most players won't ever need to complete this step.

Reputation

Stake offers and recommends activating 2FA (2-factor Authentication), which continues to establish itself as the new normal for a secure log-in method.

Pros and Cons

Not Available in United States
3.

Cloudbet

Sports Rating 9.25
Not Available in
Not Available in United States
9.25
Bonus: 
100% Welcome Bonus up to 5BTC
Description: 

Cloudbet is a sports-focused gambling site that also offers casino games. The site offers a wide selection of games and sports to bet on. 

General Information

Anonymity

Cloudbet offers anonymous play. The site is also very secure with SSL and two-factor authentication.

Reputation

Cloudbet has received some complaints about slow payouts and poor service. Most of the complaints they have received were quickly resolved. 

Pros and Cons

Not Available in United States
4.

Thunderpick

Sports Rating 8.91
Not Available in
Not Available in United States
8.91
Bonus: 
100% up to 200 EUR
Description: 

Thunderpick is a very robust casino and sportsbook offering end-to-end crypto gambling. This review details everything you need to know about Thunderpick. 

General Information

Anonymity

Thunderpick does allow you to generate anonymous accounts. They only require you to sign up with an email and verify your age as being over 18 years old. You also have the option of signing up with your Google, Twitch, or Steam account.

Reputation

The background of the management company, Paloma Media B.V., is unclear but there were also no credible complaints of the platform. This is often more important in online gambling than knowing the background of the management. 

Pros and Cons

Not Available in United States
5.

BC.Game

Sports Rating 8.62
Not Available in
Not Available in United States
8.62
Bonus: 
Various promotions available; see site for details.
Description: 

BC.Game is an exceptionally designed casino with awesome promotions and 50 cryptocurrencies to deposit! From a chance to win 1 Bitcoin to a VIP system with exotic vacations, there’s always a promotion to play for!

General Information

Anonymity

You can remain anonymous to create an account and deposit crypto, but BC.Game may require KYC when you withdraw your funds.

Reputation

BC.Game has a stellar reputation, with few complaints received. With a license from Malta Gaming Authority and many ways to contact the company, your crypto will be safe with them.

Pros and Cons

Not Available in United States
6.

22BET

Sports Rating 8.61
Not Available in
Not Available in United States
8.61
Bonus: 
100% bonus up to €122 sports betting bonus
Description: 

22Bet is a modern-looking sports betting and casino site. Since its establishment in 2018, the company has been thriving in the industry. 

General Information

Anonymity

22Bet doesn’t allow anonymous gambling, and players must leave their first and last name during the registration process.

Reputation

22Bet casino is a reputable brand with a trusted license and high-security measures. However, the brand should work on overall user satisfaction and complaints. 

Pros and Cons

Not Available in United States
7.

Fairspin.io

Sports Rating 8.41
Not Available in
Not Available in United States
8.41
Bonus: 
450% Welcome Package up to 5 BTC + 140 Free Spins
Description: 

Fairspin is a unique online casino, that has created a cryptocurrency of its own. Fairspin offers thousands of casino games, sports betting, and many bonuses and tournaments to participate in. 

General Information

Anonymity

Fairspin does not allow anonymous gambling, but you can start playing with only your email address and phone number, so you don’t need share all your details straight away. 

Reputation

Fairspins enjoys a solid reputation with punters, but some players have complained about slow withdrawals. 

Pros and Cons

Not Available in United States

Reasons Why You Should Swap Fiat for Binance Coin on Esports Betting Sites

You’ve probably heard some hype about Binance Coin esports betting sites and want to know if they are worth your while.

Even though crypto has made it to the mainstream, many people still don’t know much about it.

We’re here to tell you that once you use Binance Coin on esports betting websites, you’re unlikely to want to return to traditional sites.

Once you read the reasons for their change of heart, it becomes easy to understand why.

Each year, the value of fiat dwindles

Fiat currency is a form of legal tender propped up by the government that issues it.

Its value is determined by various factors, including interest rates, money supply, and economic supply and demand.

Examples of well-known fiat currencies include the U.S. Dollar and the Euro.

One of the major risks of any fiat currency is hyperinflation, a scenario where its purchasing power decreases.

Recently, the Federal Reserve Bank of St. Louis analyzed inflation and found something disturbing.

In 1983, the bank placed the U.S. Dollar’s value at 100; fast forward to 2021, and this number had plummeted to 37.

Basically, your purchasing power today is about one-third of what it was about 40 years ago.

If that isn’t grim enough news, the rise in earnings is far below the level of inflation during this timeframe.

Remarkably, the average annual wage raise has been less than 1% since 1979, a long way below the inflation level.

As a consequence, persisting with fiat currency makes you poorer.

Why do we keep using fiat?

Fiat currencies ensure governments retain control of their respective economies.

Banks generally decide the ‘who,’ ‘how,’ and ‘why’ of fiat currency.

It is time for us to move away from fiat, and BNB is the future of money.

If you’re concerned about a loss of purchasing power, digital assets can help keep your savings safe from the ravages of inflation.

Anonymity

Esports betting platforms regularly make the process of depositing cash a real hassle.

Unfortunately, it isn’t as simple as using your debit or credit card or a bank transfer.

Those who have an occasional bet on a esports betting company quickly understand that banks often have a low tolerance for this process.

If a esports betting company transaction appears on your bank statement, you’ll encounter real problems if you ever look for a loan.

For instance, the bank will likely reject a mortgage application solely because you used a betting site once or twice.

This scenario will occur even if you rarely bet.

Things are very different with Binance Coin because the bank will never know.

Crypto is decentralized, meaning you can use it to make transactions without requiring an intermediary.

Essentially, you get to deposit Binance Coin on esports betting platforms incognito.

These transactions remain off your bank statement, and you can do whatever you like with your money.

Crypto could continue to rise in value

There’s no question that BNB is volatile with rapid rises and falls a regular occurrence.

Even so, over a long period, there’s a chance that digital coins will offer a sizeable return on investment.

Even though the market cap of all cryptocurrencies has burst through the $1 trillion mark, this figure represents only a tiny fraction of what it could achieve.

According to Forbes magazine, the world’s wealth was $431 trillion in 2021, giving Binance Coin plenty of room to grow.

Compare this to fiat, which seems as if it is on a death spiral.

Even if you seldom use esports betting sites, by registering and playing with BNB, you might find your balance growing without much effort.

Full control over your money

Not only does Binance Coin act as a hedge against inflation, but it also keeps control of your money firmly in your hands.

Without the interference of financial institutions, things open up.

Crypto is no longer an outsider

Bitcoin was seen as the only cryptocurrency worth mentioning for a long time.

However, times have changed, with dozens of other digital currencies now grabbing headlines.

Although crypto is extremely useful in the online betting sphere, its mainstream appeal means it has many other uses.

A growing number of countries are embracing crypto and permitting its use, even though it still isn’t classified as legal tender.

However, in September 2021, El Salvador broke the mold by officially declaring Bitcoin as legal tender.

This is likely only the beginning, with rumors suggesting Panama, Paraguay, Brazil, and others may eventually do the same.

Crypto offers protection

With Binance Coin, you have the freedom to deposit and withdraw on esports betting sites as you please.

Unfortunately, it is a very different situation when you try using fiat on esports betting sites.

For instance, in Britain, a regulation introduced in April 2020 caused chaos because few people knew about it.

They used credit cards to make their first deposits on esports betting sites, only to find their bank accounts were frozen.

Furthermore, it took weeks for banks to remove the restrictions in some cases.

Ultimately, they warned customers not to make any more deposits or else they would issue further punishments.

As long as you use a trustworthy esports betting site that accepts Binance Coin, the above problem won’t happen when you use Binance Coin.

Avoid geo-restrictions

Several nations forbid gambling of any kind.

If you happen to live in such a location, you can forget about playing on a regular esports betting platform.

This is primarily because fiat makes it easy for the authorities to uncover your illegal actions.

Yet, if you intend to break the law, you can find a Virtual Private Network (VPN) to remain hidden when you use BNB esports betting sites.

A VPN creates a protected network connection, thus disguising your online identity.

When you use Binance Coin on esports betting sites, you also enjoy a significant degree of anonymity.

This is a combination that enables you to bet regardless of your country’s laws.

Certain end-to-end BNB esports betting sites don’t care if customers live in a nation where wagering with money is against the law.

Disclaimer

Please note that the information provided above is designed solely to outline a flaw in the system already known to many people.

We will never be proponents of illegal activity, and advise you to avoid breaking the law.

Those who get caught will likely face serious punishments.

For instance, in Cambodia, illegal gambling could result in a prison sentence.

Also, Binance Coin esports betting sites that allow people to register from countries where betting is prohibited are hardly reputable!

There is nothing to prevent them from withholding your money and banning you if they discover where you live.

Breaking the law is no laughing matter, and we take no responsibility or liability if you go ahead and suffer the penalties.

Please don’t say we didn’t warn you!

Faster Payouts

Those who have used conventional esports betting platforms know all about the pain of waiting for a payout to go through.

This is because these sites interact with the banking system and deal with a huge amount of red tape.

With esports betting sites accepting Binance Coin, things aren’t the same because of far fewer regulations.

Don’t think this means a complete lack of regulation; bodies such as the Curaçao Gaming Authority do a fine job keeping things in order.

Yet, you still have the advantage of fast payouts because of a scarcity of red tape.

In any case, Binance Coin is usually associated with superior transaction speed.

Superior limits on deposits and withdrawals

The limits on deposits and withdrawals associated with fiat-accepting esports betting companies are problematic for some players.

While you can deposit huge sums on occasion, these sites are far less generous when it’s time for you to take your winnings.

Why? That’s simple. It’s common for esports betting platforms to limit withdrawals.

You’ll likely have to give even more personal information to get what’s rightfully yours.

Even worse, if you’re a regular winner, conventional esports betting sites will restrict your bets or ban you completely.

In most cases, you can’t make a bet worth more than a few dollars at this point.

BNB esports betting sites are in a position to allow significant withdrawals, however, due to less regulation.

Indeed, our team uncovered numerous sites with NO transaction limits!

You may also receive more freedom when it comes to being restricted for winning when you bet.

Modernized

If you search hard enough, you’ll uncover conventional sites that accept Binance Coin.

Unfortunately, this does nothing to improve the general transaction speed, nor does it impact deposit/withdrawal limits that much.

Once you factor in the poor design and low-quality customer support, it becomes clear that you can usually do better.

In contrast, esports betting sites accepting Binance Coin are the future and provide most of the features a modern gamer is looking for.

If you want great design, genuinely helpful customer service, and worthwhile bonuses, it is time to give these crypto sites a try.

How to Choose a Suitable Binance Coin Esports Betting Site

You likely have a few important considerations when picking the right BNB esports betting site for your needs.

We recognize that every user is different, so we analyze multiple aspects of the Binance Coin esports betting sites we review.

The following are among the most applicable.

Sports and sporting markets

The top-ranked Binance Coin esports betting sites on our list can match or even exceed the range of sports and markets that standard esports betting websites let you bet on.

There is something for everyone from football to virtual sports and everything in between.

Additionally, there are more markets to bet on than you can count, so use your BNB wisely!

When it comes to betting on sports, it is all about getting the best odds if you want to win in the long run.

It is worth analyzing the odds available on several Binance Coin esports betting sites to see which one provides the best value.

By doing so, you’ll possibly find that one site is the #1 for value odds.

Overall, finding out if a site can meet all your needs requires additional work, including a thorough analysis of its sport and market variety.

Is it an end-to-end crypto Esports Betting Site?

Not every esports betting site that allows you to use Binance Coin is end-to-end, which makes a big difference.

If you mistakenly choose the wrong site, it could cost you a reasonable sum of money, as you’re about to find out.

Standard Esports Betting Sites

You might be delighted to find a standard esports betting platform that accepts Binance Coin, but there’s a sizeable catch.

Once you put Binance Coin into your account, it’s the last time you’ll see it for a while.

The site instantly converts it into fiat and turns it back into crypto when you withdraw.

In essence, at no stage do you ever have the chance to use Binance Coin on such sites.

What’s worse is that you’re charged fees for both transactions.

Therefore, if you believe Binance Coin’s value will increase, you must use an end-to-end esports betting site with BNB instead.

Why choose end-to-end Esports Betting Sites Accepting BNB?

As the name suggests, end-to-end Binance Coin esports betting sites enable you to deposit, withdraw, and conduct all transactions via digital currency.

As a result, your balance is shown in cryptocurrency, so you could profit if its price rises but lose money if the price falls.

Also, most high-quality Binance Coin esports betting websites enable users to play with more than one digital coin.

Look for the following features if you plan to use end-to-end crypto sites:

  • Anonymity

  • Fast transactions

  • Minimal restrictions on transactions

  • Of course, some esports betting sites with Binance Coin are better than others, so check out our detailed reviews to discover the best site for your needs.

Bonuses

For many esports betting site users, a site’s bonus offering is a crucial consideration.

We investigate this section thoroughly by dividing it into three distinct groups.

The welcome bonus

A significant proportion of Binance Coin esports betting sites offer bonuses when you sign up.

Using slick marketing, these sites can easily convince you that you’re benefiting.

Especially if the site gives you a bonus worth the same as your first deposit.

Let’s say your first deposit is $200; the Binance Coin esports betting site’s bonus of $200 seems very generous at first glance.

Unfortunately, there is a very big stipulation in this instance.

Many esports betting sites that accept BNB won’t let you withdraw anything until you bet with 30+ times your first deposit.

Consequently, you must make at least $6,000 worth of bets with a $200 initial deposit before getting any money.

As a result, your hard-earned $200 is as good as gone, barring a major stroke of good fortune.

With this in mind, it makes sense to investigate a site’s promotions and VIP package instead.

VIP benefits

Traditional casinos often treat loyal customers to perks such as free dinners and luxury accommodation.

Obviously, BNB esports betting sites cannot do this, but most of them try to make big spenders feel special via a VIP program.

Top-rated sites tend to push the boat out in the knowledge that if they don’t, someone else will.

Many sites use points reward systems where players earn a point for every dollar they spend on a site.

Once you reach 1,000 points, you receive $10 cash back with no other strings attached.

These programs are often an effective means of keeping high rollers loyal to a specific esports betting site.

Further examples of VIP gifts include birthday gifts and access to a ‘concierge’ who is at your disposal.

However, there are Binance Coin esports betting sites that offer VIP programs in name only.

If the lack of a good program is a dealbreaker for you, read our BNB esports betting website reviews to learn whether sites offer VIP packages worthy of the name.

How good are a site’s promotions?

Rather than emphasize the volume of promotions, it is more helpful to focus on the standard.

Sites that provide a constant stream of promotions are often guilty of diluting the quality.

In fact, conventional esports betting sites usually have little interest in spending time and effort on worthwhile promotions.

They prefer to stick to the tried and trusted ‘bonuses with strings attached’ model.

In contrast, BNB esports betting websites understand that great promotions bring customers and keep them loyal.

The quality AND quantity of such rewards significantly improve your overall user experience.

Payments

BNB esports betting sites unable to provide flexibility regarding payment methods will cause frustration, irrespective of its features.

Our reviewers investigate the number of digital coins you can use, along with information on withdrawal limits, not to mention how quickly you’ll get your money.

Speed of withdrawals

In general, if you use Binance Coin, you will benefit from incredible transaction speeds.

While some digital currencies can process a few transactions per second, others can perform tens of thousands.

The top-rated BNB esports betting sites know that customers expect quick access to their cash, with some offering instant withdrawals.

You can rely on us to inform you of the sites with the best withdrawal times, as well as warning you of slow-acting sites.

How much can you withdraw at one time?

Conventional esports betting sites are notorious for implementing irritatingly low withdrawal limits.

It is standard for such sites to keep withdrawal maximums to $10,000 per week, and this is the best-case scenario!

Imagine winning $100,000 in this scenario; it would take almost two and a half months to withdraw it!

Thankfully, top-rated Binance Coin esports betting sites enable users to withdraw substantial sums.

There are plenty of sites that offer limitless withdrawals.

With this in mind, you know that a gigantic win can be transferred in moments.

Crypto options

There are thousands of cryptos to choose from, with developers creating new ones at an astounding rate.

Unfortunately, only a small fraction of the market has genuine growth potential.

As a result, you shouldn’t expect esports betting sites accepting BNB to offer you the option to use dozens of digital assets.

Even so, you should be able to use Ethereum, Bitcoin, and other well-known cryptocurrencies.

Is it legal to Bet in your country?

There are plenty of countries worldwide that prohibit gambling.

Yet, individuals living in one of these locations register with esports betting sites accepting BNB and bet despite the ban.

The esports betting sites that accept Binance Coin on our top-rated list make sure they’re available to users where gambling is legal, giving them the option to bet on casino games or sports.

If you attempt to register with such sites from a country with a gambling ban, you’ll quickly learn that it is almost impossible.

In contrast, scam esports betting sites with Binance Coin don’t care about legality and allow you to join no matter where you live.

Such sites get away with it by pretending they weren’t aware that the registering party lives in a place where gambling is illegal.

As soon as you make a deposit, they demand verification documentation, close down your account, and keep your money.

Some eager gamblers hide their location with a VPN to bypass geographical restrictions.

Legit Binance Coin esports betting sites will ban you if they find out, but at least you’ll get your money back.

Before you breathe a sigh of relief, remember that your actions could get you into legal trouble!

Trustworthiness of the Binance Coin Esports Betting Site

The permanence of Binance Coin transactions is often marketed as a selling point, but there is also a downside.

Without putting pressure on you, a slight mistake during a transaction is enough to lose everything you send.

Register with a shady esports betting site accepting Binance Coin, and you can similarly wave ‘adios’ to your digital coins.

Binance Coin is decentralized, meaning there is no banking entity to listen to your complaints and act upon them.

As a result, you must find as much relevant information on BNB esports betting sites as possible before using them.

If you want to use a certain site, perform detailed online research, including reading the review written by our team.

We don’t just play on esports betting sites accepting BNB to give you our first-hand experience, we also ask real users for their opinion.

This thorough process ensures you get the full picture of a site’s reputation.

Customer service

Never underestimate the importance of a high-quality customer support team.

If the esports betting site accepting Binance Coin fails in this regard, you’re left floundering if there’s a problem with your account.

Whether you have an issue with a game or a withdrawal, you’ll feel better with a trained customer service agent on the case.

All of our reviews feature relevant information on a site’s attitude towards customer service.

This includes details of our interactions with several agents, emphasizing speed and helpfulness.

Everything You Need to Know About Esports

Electronic sports, or esports, involve people competing against one another in video game tournaments.

Far from being a relatively new occurrence, there is evidence of video game competitions going back 50 years.

Although the 1980s saw the emergence of televised events, the esports industry’s popularity only spread worldwide in the Internet era.

Such is the level of revenue and attention it draws that there’s a possibility of esports becoming part of the official list of Commonwealth Games events in 2026.

If you’re looking for opportunities to wager on this non-traditional sport, Binance Coin esports betting websites have you covered.

Continue reading if you want to discover the various betting options, including the top leagues, games, and markets.

If that isn’t enough, we also check out the upsides and downsides of esports betting.

What esports games are the most popular?

In professional events, there are 50+ games played in several distinct genres.

Let’s investigate some of these genres along with a few noteworthy games:

  • Fighting Games: Street Fighter, Tekken, and Super Smash Bros.

  • First-Person Shooters: Doom, Overwatch, and Rainbow Six

  • Multiplayer Online Battle Arena (MOBA): DOTA 2, League of Legends, and Arena of Valor

  • Racing: Gran Turismo Sport, Kart Rider, and iRacing

  • Sports: FIFA, NBA 2K, and Pro Evolution Soccer

Not every BNB esports betting site boasts all of the above, so make sure you read our reviews to learn more about the exact games offered by each site.

What are the best-known esports leagues?

In general, professional gamers are members of specific teams who compete in multiple electronic sports games within various leagues and tournaments.

These teams can also be represented by a single player for one-on-one games such as those in the fighting genre.

You might think gaming for a living is fun, but these individuals practice at least 50 hours a week.

It is a grueling schedule, but with a growing number of players becoming millionaires due to their skill and dedication, the hard work is worth it!

There are various leagues and tournaments throughout the year, with the following among the most anticipated:

  • FIFAe World Cup

  • RCLS: Rocket League World Championships

  • League of Legends World Championship

  • The Six Invitational

  • M3 World Championship

The far-reaching appeal of esports means there are a remarkable number of spectators.

The Worlds 2021 event accumulated over 174 million hours watched, with nine events exceeding 50 million hours watched that year.

The esports phenomenon is also a bettor’s dream, with dozens of tournaments on Binance Coin esports betting sites each day and hundreds of games to risk BNB on.

What esports markets are available?

A lot depends on the game you’re interested in wagering on.

Yet, despite the unusual names, the markets are not much different from what you’ll uncover in conventional sports.

Below, we look at five well-known esports betting site accepting Binance Coin games along with potential wagering markets:

  • DOTA 2: Over/under maps, handicap bets, and winner of map X

  • FIFA: First-half goals, over/under goals, and Asian handicap markets

  • NBA 2K: Winner including overtime, spread, and quarter X totals

  • League of Legends: Total kills map X, first team to First Blood, and map duration over/under

  • StarCraft: Correct map score, to win at least one map, and match winner

You’ll also find that esports betting sites with Binance Coin increase the number of markets when games are in play.

Advantages and disadvantages of esports Betting

The exceptional increase in the size of the esports betting market is obvious to most experts.

Nonetheless, before you deposit Binance Coin and start playing, you must learn more about the advantages and disadvantages of doing so.

Upsides of Wagering on esports

If you’re looking to stake Binance Coin on something a little different from conventional sports, electronic sports offer the following pros:

  • As it is still a fairly new addition to the wagering market, some esports betting sites could get caught out if you know what to look for

  • There’s no possibility of poor weather conditions changing the course of a game

  • You are spoiled for choice because there is a remarkable number of games and tournaments to bet on daily

  • Understanding and wagering on these markets is easy for the most part

  • Once you bet on an event and start watching, you’ll be hooked by the excitement

Downsides of esports Betting

Despite the many fun aspects of esports betting, there are a few possible issues:

  • It is tough to find value odds on esports betting sites accepting Binance Coin as they are usually excellent at gathering data

  • Not everyone can conduct the research necessary to succeed in esports betting

  • Players are human and can have inexplicably poor performances at any time

  • Esports tournaments are flexible and are occasionally canceled or postponed

  • Your preferred esports matches might begin at an unsuitable time as they can take place anywhere in the world

In summation, it is likely that if you enjoy betting online, esports provide an opportunity with more upsides than downsides.

Register today if you believe you can beat Binance Coin esports betting sites due to your knowledge of video game competitions.

Pros and Cons of Using Binance Coin on Esports Betting Platforms

Using Binance Coin for wagering could be hard to handle, especially for beginners.

Before starting with this payment option, you should first familiarize yourself with Binance Coin.

About Binance Coin

Binance Coin is crypto introduced in 2017.

Provided by an eminent Binance exchange, BNB has a BNB trading symbol.

It was originally based on the ETH blockchain but now it works as part of Binance’s chain.

It has an ERC 20 standard and a maximum supply of 200 million tokens.

Binance Exchange is among the largest crypto exchanges in the globe, confirming over 1.4 million transactions per second.

In addition to using on its native exchange, Binance Coin can be utilized for trading, payments, investment, and similar.

Pros of using Binance Coin

Be sure to learn more about the benefits of using Binance Coin for betting.

Binance transactions are fast

If you utilize Binance Coin for betting, you can take advantage of quick transfers.

If utilizing BNB betting money for trading, you can claim prizes.

Binance Coin charges are low

Binance Coin offers the lowest transaction fees when it comes to crypto betting.

The approximate fee is 0.1% for all traders.

Nevertheless, an overloaded blockchain can result in higher fees.

Binance Coin has a promising future

The brand behind Binance Coin, Binance, has a very promising future.

As a result, Binance Coin has already gotten support from different partners, including those from the video entertainment industry.

Binance Coin is flexible

It is possible to enjoy Binance Coin betting and enjoy full scalability.

This is because Binance utilizes a burndown policy, ensuring a flexible and stable experience on esports betting platforms.

Following the burndown policy, Binance takes 20% of the yield to get Binance Coins and burns them to reduce the entire supply while maintaining 50% of the total BNB supply.

The cons of using Binance Coin

Be sure you understand the drawbacks of BNB betting.

BNB is highly centralized

Binance Coin may not be an ideal choice for betting because of the high level of centralization.

Centralization is through the Binance platform and about 80% of tokens are kept by the exchange platform in different wallets.

Binance Coin’s centralization may lead to deceitful practices and double-spends which could also affect your betting experience.

Binance Coin is target of hackers

Binance and its Binance Coin are at risk for hacker attacks.

This reduces the security level whe utilizing Binance Coin for betting.

Despite Binance supervision, hackers can intrude on the system and get your money from BNB betting.

Binance Coin has certain legal issues

If using BNB for betting, you should know that regulators are considering taking the system down.

Many complaints about Binance and their unlicensed operation have already been filled.

These objections could lead to the ban, which could affect your betting.

Top Cryptos:

7 Best Crypto eSports Betting Sites
7 Best Binance Coin eSports Betting Sites
7 Best Cardano eSports Betting Sites
7 Best Ethereum eSports Betting Sites
7 Best Solana eSports Betting Sites
7 Best Tether eSports Betting Sites
7 Best Dogecoin eSports Betting sites
7 Best Litecoin eSports Betting Sites
7 Best TRON eSports Betting Sites

Written by

Nicholas W.

Scientist by day, crypto enthusiast by night. I love learning about real-world applications of cryptocurrencies and teaching others about these new technologies. When not working or writing, you’ll find me racing triathlons or rock climbing.

We are
Cryptomaniaks!

Face 1
Face 2
Face 3
Face 4
Face 5
Face 6

Collectively, we have over 25 years of experience in the crypto world and are all passionate about guiding people through the complex world of crypto investing.

They Already Trust Us
 
 

Have some crypto questions?
Find the answers