Crypto

You may have heard the word, but what is cryptocurrency exactly? In this guide, you’ll discover how to use crypto betting sites for online cricket betting.

A true innovative idea that is fast, secure, and private, cryptocurrency is a breath of fresh air and different from other payment types. Let’s learn how it works.

Betting Sites Accepting Crypto in 2025

Overview: What is Crypto? 

Cryptocurrency is simply a type of digital money, but unlike rupees or dollars, crypto is actually not regulated by any authority or government.

Using blockchain technology, cryptocurrencies are run on a decentralised network to keep it free from any governing body.

It’s fair to say that Bitcoin is the most popular type of cryptocurrency, as this was created in 2009 (it’s creator is known as Satoshi Nakamoto but this is just a pseudonym) and really set the stage for the emergence of other cryptocurrencies.

Ripple, Litecoin, and Ethereum are just a few examples of cryptocurrencies, but cricket betting with Bitcoin is likely to be the simplest.

Cryptocurrency in India is becoming as well known as anywhere else in the world, as many gamblers prefer this to credit cards, e-wallets, and bank transfers to be more anonymous and still be able to place bets on cricket.

Safety & Security  

As crypto is decentralised, no one is able to control or freeze assets in your accounts. Plus, blockchain technology means that the transaction cannot be changed once finalised, and your identity is much safer due to no personal data being included.

Still, be wary of losing your private key (a code that gives access to your account), phishing scams, and the fact that transactions can’t be stopped or altered if you change your mind.

Withdrawal & Deposit Fees 

Crypto and cricket betting works well for players due to the low fees for transactions. These charges for deposits and withdrawals are far lower than that of banks, e-wallets, or credit cards, for instance.

It’s unusual to see any betting site ask for a fee for a cryptocurrency deposit, but don’t be surprised if there is a small fee to withdraw winnings, as this is common for most sites.

Furthermore, be aware that each site will have its own minimum and maximum amounts determined for deposits and withdrawals.

Speed 

The quickness of cryptocurrency is yet another attraction for bettors globally, as the deposit or withdrawal can be finalised in minutes.

Waiting days for transactions to be completed using crypto is unheard of, so players who value time will be a big fan of this digital payment type.

Anonymity 

There are many players who don’t like to give out their name, address, and bank account information to betting websites.

For these people who want to retain their privacy, Bitcoin betting sites are the perfect option, as cryptocurrency is highly anonymous and doesn’t reveal your identity.

Pros and Cons of Crypto Betting Sites 

Like any payment type, there are pros and cons for using crypto.

How to Deposit and Withdraw

See our above toplist for the best crypto cricket betting sites, but here’s advice for depositing and withdrawing funds.

Tip: Be sure to look for sign-up bonuses for betting websites.

Deposit 

Withdraw 

Crypto Summary

It’s more common than ever to find betting sites that accept crypto and it’s a great idea for Indian punters who want a payment method that’s different from the norm.

The fees are either low or non-existent, the transactions are incredibly fast, and it’s far more anonymous and private than other options like bank transfers or credit cards.

Those new to online betting might find it all a bit confusing and the value of cryptocurrency can fluctuate, but crypto is nevertheless a payment method on the rise for use on cricket betting sites.

FAQs