trophy

BOOKMAKER OF THE MONTH

Best USD Coin (USDC) Gambling sites

One of the most exciting innovations in crypto during the last couple of years has been stablecoins. They are called this way because their value is stable and crypto volatility does not affect them. USD Coin (USDC) is a stablecoin cryptocurrency whose value is pegged to the US Dollar. That means that it will always be worth 1 USD. It is a new and much welcome option as USD coin combines access to crypto but without the risk of losing your value; Best of both worlds. On the flip side, since it is a new option, it is very difficult to find a bookmaker that accepts USDC. Let's continue into the reasons why and how to approach USDC gambling.

List of USDC Gambling sites

You will struggle to find bookmakers that accept USDC. Even when you do, you need to be very wary of their trustworthiness. Which is the reason we put together a list with the top options. We based this list on bookies that thrive on reliability. We also looked for the ones offering a good amount of different cryptos, realistic deposit limits and minimum withdrawal terms.

Bookmakers Rating Why to Bet Why to Bet Bookmakers Bonus  
Melbet Melbet
  • 200+ Live Events daily
  • 95%+ Payout on Live Betting
  • 160+ Alternative in-play bets
  • 200+ Live Events daily
  • 95%+ Payout on Live Betting
  • 160+ Alternative in-play bets
  • Code:BOOKSPY
100% up to €130
Code: BOOKSPY
Bet Now
Megapari Megapari
  • More than 45 sports
  • 1.000+ live events daily
  • 300+ extra bets at the top events
  • More than 45 sports
  • 1.000+ live events daily
  • 300+ extra bets at the top events
  • Code:BMBMEGA
100% up to €130
Code: BMBMEGA
Bet Now
Betandyou Betandyou
  • 45+ sports
  • 300+ extra bets at the top events
  • Betting exchange
  • 45+ sports
  • 300+ extra bets at the top events
  • Betting exchange
  • Code:bookmakersbet2021
100% up to €143
Code: bookmakersbet2021
Bet Now
BetOnline BetOnline
  • 25+ sports
  • 98%+ on MLB
  • 96%+ on NFL & NBA
  • 25+ sports
  • 98%+ on MLB
  • 96%+ on NFL & NBA
  • Code:NFL1000
100% up to $1000
Code: NFL1000
Bet Now
TigerGaming TigerGaming
  • 25+ sports
  • 96%+ on tennis
  • Quick bet
  • 25+ sports
  • 96%+ on tennis
  • Quick bet
5% Bitcoin Boost
Code:
Bet Now
SportsBetting.ag SportsBetting.ag
  • 96% payout on NFL & NBA
  • 25+ sports
  • Lots of props & Futures
  • 96% payout on NFL & NBA
  • 25+ sports
  • Lots of props & Futures
  • Code:SB1000
50% up to $1000
Code: SB1000
Bet Now
Bookmakers Rating Why to Bet Why to Bet Bookmakers Bonus  
Melbet Melbet
  • 200+ Live Events daily
  • 95%+ Payout on Live Betting
  • 160+ Alternative in-play bets
  • 200+ Live Events daily
  • 95%+ Payout on Live Betting
  • 160+ Alternative in-play bets
  • Code:BOOKSPY
100% up to €130
Code: BOOKSPY
Bet Now
Megapari Megapari
  • More than 45 sports
  • 1.000+ live events daily
  • 300+ extra bets at the top events
  • More than 45 sports
  • 1.000+ live events daily
  • 300+ extra bets at the top events
  • Code:BMBMEGA
100% up to €130
Code: BMBMEGA
Bet Now
Betandyou Betandyou
  • 45+ sports
  • 300+ extra bets at the top events
  • Betting exchange
  • 45+ sports
  • 300+ extra bets at the top events
  • Betting exchange
  • Code:bookmakersbet2021
100% up to €143
Code: bookmakersbet2021
Bet Now
BetOnline BetOnline
  • 25+ sports
  • 98%+ on MLB
  • 96%+ on NFL & NBA
  • 25+ sports
  • 98%+ on MLB
  • 96%+ on NFL & NBA
  • Code:NFL1000
100% up to $1000
Code: NFL1000
Bet Now
TigerGaming TigerGaming
  • 25+ sports
  • 96%+ on tennis
  • Quick bet
  • 25+ sports
  • 96%+ on tennis
  • Quick bet
5% Bitcoin Boost
Code:
Bet Now
SportsBetting.ag SportsBetting.ag
  • 96% payout on NFL & NBA
  • 25+ sports
  • Lots of props & Futures
  • 96% payout on NFL & NBA
  • 25+ sports
  • Lots of props & Futures
  • Code:SB1000
50% up to $1000
Code: SB1000
Bet Now

What makes USD Coin Gambling unique

uniqueUSD Coin is an excellent addition to the cryptomarket. Being a stablecoin allows for a convenient way to trade cryptocurrencies without the constant need to convert your conventional currency. You can buy literally almost every crypto you wish with USD Coin and this is excellent versatility. And the best part is that it has a stable price, making USDC gambling sites ideal because USD Coin does not fluctuate in value.

Reasons for USD Coin gambling

As you can understand, there are a lot of reasons that USDC gambling feels like a good choice. In fact, if you are risk-averse but still want to start gambling with cryptocurrencies, then USD Coin may very well be the go-to option for gambling. Let’s see why below.

Hassle-free access to crypto (H4)

USD Coin provides excellent carefree access to cryptocurrencies. You can acquire it very easily and use it to enjoy the advantages of gambling with other cryptos, such as Bitcoin and Ethereum. It also trades with almost every crypto around, so you can swap it with whatever you like anytime.

Very fast transactions

In USD Coin gambling, you can take advantage of the Ethereum network’s high speeds, allowing you to complete your deposits and withdrawals very quickly. For comparison, a withdrawal with USD could take up to 1-3 business days to complete depending on the bookie. Using USDC, a withdrawal does not take more than 5-10 minutes.

Secure Transactions

We already spoke about taking the best of both worlds. One of the many positives cryptocurrencies have is unparalleled security in transactions they offer. It’s all due to the Ethereum blockchain USD Coin utilizes. A blockchain is an online ledger with copies in computers all over the world. It is considered unbreakable and can not be tampered with in any way.

No volatility

One of the main pains you may experience when dealing with crypto is their extreme volatility. Imagine this applied to your bankroll 24/7. One moment your funds may skyrocket in value, only to evaporate the next day, diminishing your funds’ value. That is not the case with USD Coin, which has no volatility and will never be worth anything other than one USD. Even in times of extreme volatility, price seldom sheds more than 1%.

Promising use case/incredible opportunities

Once you are done betting with USD Coin, don’t convert it to fiat just yet. By holding it, you have the opportunity to dive into the fascinating world of cryptocurrencies and decentralized finance (DeFi). Think about DeFi as bank services on steroids. Through it, you can access several services where you can allocate your USDC and enjoy passive income, which in turn you can use for gambling, making it essentially free money for gambling.

Too big to fail: Backed by giants

USD Coin is not just any common cryptocurrency. It has some serious backers behind it, making it almost impossible to fail and most definitely here to stay. Besides that, the functionality of combining stable value and a fast, anonymous way to manage your bankroll when betting is too good to pass by.

Reasons against USD Coin gambling 

We spoke about the advantages of using USD Coin in gambling. But, as you understand, there are, of course, certain disadvantages of USDC gambling. Some of these downsides are very significant so consider them wisely. Let's see what they are further below.

❌ Very scarce option

Despite the notable use-case for gambling, USDC is almost entirely absent in bookmakers. Currently, less than 10% of bookies accepting crypto even include it as an option. Meaning, you will struggle to manage to place a bet with USD Coin.

Less decentralized

The strong backing USDC enjoys by Coinbase and Circle may at a glance be positive. However, this also makes it less decentralized. Potentially, this means that if the significant backers decide to pull the plug on USDC, they might be able to achieve it and kill the coin. Unfortunately, and contrary to the crypto mainstream, USDC is not decentralized enough to be censorship-resistant.

Relatively high minimums

Whereas the USD Coin provides interoperability and a way to eschew crypto volatility, the cost of doing business on the Ethereum network is high at the moment. That translates to higher fees for the bookies, who can not afford to have as low minimums as they do in other cryptocurrencies. For example, while you can deposit as low as 1 USD worth of Litecoin or XRP, in contrast, the minimum for USDC is 150 USD. A fact that may not sit well with players who wish to gamble on a budget.

Irreversible Transactions

Cryptocurrencies, USDC included, provide peer-to-peer transactions without a mediator, such as a bank or payment service. Unfortunately, this means that you cannot reverse a transaction in case of a mistake or theft. As a result, you lose your funds forever. That is not to be taken lightly.

Withdrawal Limitations

Even though USD Coin gambling allows for blazing fast transactions, this is not always the case. Simply because the bookie may impose limitations on the amounts or the intervals they permit you to withdraw your money. Sometimes they even process withdrawals manually, meaning you will not be getting your money as fast as you would hope.

Unlike other cryptocurrencies, you will not enjoy any upside

One of the most exciting things about gambling with other cryptocurrencies is that it is quite probable they rise in value and your gains are multiplied. This is not the case with USD Coin, which will always be worth 1 USD. You could be missing out on massive gains that way.

Crypto requires some proficiency

Cryptocurrencies are a new asset and as with everything new you need to familiarize yourself with the processes and most importantly avoid making mistakes that will cost you. We did mention transactions in crypto are irreversible.

Are USDC betting sites safe

USDC is a cryptocurrency with stable value; price and volatility-wise, it does not get safer than this in crypto. Adding the fact that there are significant players involved behind USDC and the US government’s blessings make for a very safe and secure asset. As for the betting sites that offer USDC, they can be safe as long as they have some particular traits. No matter what, always play in trusted bookies. Look for a USDC Sportsbook with a license, offering reasonable bonuses and responsive, 24/7 customer service in chat & email. Of course, you are also wondering about law and taxes.

Legislation around USDC gambling 

A central feature of almost all cryptocurrencies is decentralization. That means no central authority exists to control them. That fact alone makes cryptocurrencies legal to the vast majority of the world. Nonetheless, legislation around gambling with them is a bit vague. It actually depends more on age & gambling laws in your region. Also, keep in mind that legislation is ok as long as you play at a trusted bookie, but in general, if the bookie is accessible to your country without a VPN, it’s probably legal to use it.

Do I pay taxes using a USD Coin Sportsbook

Currently and for the most part, USDC gambling is not taxable. We recommend you approach this as you would with any potential taxation coming from gambling winnings. Moreover, keep in mind, in most cases, unless you realize profits/crypto to fiat, you are not taxed. The latter may be more accurate than not in stablecoins, especially if you do not sell your USDC in the end.

Explaining USD Coin gambling

USDC gambling Stablecoins are cryptocurrencies whose value is tied to the worth of a particular asset. This asset can be a real-world commodity like gold, another (crypto)currency or, in the case of USD Coin and, as the name implies, tied to the value of the United States dollar. Same as every stablecoin, USDC pegs its value to the dollar. In addition, it aims to provide interoperability as a stable means of transaction within the sphere of cryptocurrencies. USD Coin was created by Centre Consortium, a partnership between Coinbase and Circle.

Coinbase is the largest crypto exchange globally, and Circle is a payment systems giant backed by Goldman Sachs, one of the world’s largest investment banks. Moreover, to keep this value stable, USDC keeps one US dollar for every USD Coin issued at a monitored bank account. This way, there is no doubt about its credibility. If you combine this undisputed credibility with the fact that it allows for speed transactions and a haven away from volatility looking to chop up your bank, making all the more clear USDC gambling is a fantastic option.

USDC, Ethereum and other networks

USDC operates as a token on the Ethereum network. That makes it possible to take advantage of the vast array of applications Ethereum offers. On the other hand, this comes with expensive fees. That is the reason you see a vast difference in minimum amounts you can deposit in bookmakers compared to other cryptocurrencies. There have been developments lately which allow USDC to run on other currencies’ network, such as Stellar, Solana, Binance Network. Despite being very fresh additions, the latter will help lower the cost of fees for a transfer of USDC. It will be a game-changer once USDC Bookmakers apply the above. The minimums will be significantly reduced, making USDC gambling more attractive.

Buying and Depositing at USDC gambling sites

How to play on UnionPay bookmakers You must use liquid and trusted exchanges to purchase and deposit your USDC for gambling. Coinbase is the best option to go, as it is the exchange that co-created USD Coin. Binance, Kraken are good choices too.

  • 1 Open an account. If you trade up to a certain amount (usually depicted in BTC worth), you will not need KYC verification. Deposit your conventional currency.
  • 2 Buy some USDC, then transfer it to your digital wallet. Do not send it directly to the bookmaker. They have very strict gambling policies and you may end up losing your funds!
  • 3 Go to a USDC Sportsbook, sign up for an account; in most cases, you only need an email address to register and no other personal information.
  • 4 In the deposit section, select USDC. Then, copy the unique address generated there. Always carefully check the address you are depositing crypto.
  • 5 Go back to your personal wallet and paste the above address. Be CAREFUL on the network you use; It MUST only be ERC-20.
  • 6 Confirm the transaction. That’s it. Within minutes, you have funded your account and you can now start betting.

How to Withdraw from USDC betting sites

Money-back Once you are done betting, simply go to the withdrawals section. Make sure to check the withdrawal terms and conditions before initiating one because you need to see the limits your bookie allows, as well as the frequency of the withdrawals they allow. Then, using the same process as deposits but in reverse, send your gains back to your wallet. In line with each bookie’s policies, consider that you may need to do this more than once to withdraw your profits entirely. Then, you can now either store your USDC in your wallet or go to a trusted exchange, trade it for anything or allocate it to a DeFi service and earn passive income.

Is USD Coin (USDC) gambling worth it

Payoneer spyUSDC and stablecoins are a must because of the way they incorporate access to crypto options for your gambling and the fact they keep you safe from violent price swings. Coupled with the fantastic speeds in withdrawals and the excellent subsequent investing opportunities they offer, you should definitely opt for USD Coin gambling. The only issue is that there are very few bookies that accept it right now.

Remember, despite being a new coin, USDC is an almost guaranteed top 10 coin. It will be around more than most crypto and we are most confident it will become more widely available for sports betting in the near future. In the meantime, choose your USDC sportsbooks from our list and remember to gamble responsibly.

FAQ
Q: Is USD coin gambling safe?

Yes, it is safe. You get the security that the Ethereum blockchain offers. Provided you are careful with your personal information and wallet passwords and avoid installing malicious applications to your device, you are 100% safe.

Q: Do I pay taxes for using USDC in sports betting?

This depends mainly on the taxation around gambling winnings and capital gains in your country. Also, keep in mind that in most countries, you do not pay any taxes for holding USDC and not converting it to fiat.

Q: Who is behind the USD Coin?

USD Coin is a product of Centre Consortium. That is a significant partnership between the largest crypto exchange in the world, Coinbase and one of the world’s leading firms in payment systems, Circle. Notably, a majority investor in Circle is Goldman Sachs, one of the world’s biggest investment banks.

Q: What do you do with a USD Coin?

USDC is a stablecoin cryptocurrency with a value pegged to one US dollar. You can use it to purchase other cryptocurrencies. You can also use it in DeFi, decentralized finance applications, with numerous options and solutions for passive income.

Q: Is USDC worth buying?

Yes, it is. It combines the best of both worlds. It allows you a great degree of interoperability with cryptocurrencies while at the same time it has a stable value that keeps you safe from crypto price swings.

Q: Is USDC better than Bitcoin?

Even though they are both cryptocurrencies, this is where their similarities stop. Bitcoin is considered a digital equivalent to gold, a great way to invest your savings and money. On the other hand, USDC is simply the digital US dollar.

Join and grab exclusive bonuses, daily offers and free bets!

Lay hands on exclusive daily bonuses for members only. These promos are limited and are not advertised on the website.

Yes, I have read the Terms & Conditions and I consent to receiving emails from Bookmakers.bet regarding betting promotions, betting guides and news.

BOOK SPY

Giropay is a German payment method that was founded in 2006. The headquarters are in Frankfurt, Hessen, Germany and the company has over 45 million cu...

Read more »

PhonePe is a popular mobile payment application, with millions of Indians using it daily. Establishing in 2016 by PhonePe Private Limited, previously ...

Read more »

There are two main reasons why you accessed this page. You either used Boku before and want to find out about some of the best betting sites offering ...

Read more »

Jeton or Jeton Wallet is a new online payment method found in 2016 in London and is currently available in over 200 countries. The historical fact is ...

Read more »

Entropay is one of the most convenient online payment methods, given that it allows you to quickly complete any transaction by using a virtual prepaid...

Read more »

EOS is a fairly new cryptocurrency. To be more precise, it is a blockchain decentralized system infrastructure that enables the development of decentr...

Read more »

Dash is a digital currency powered by a decentralized peer-to-peer network. Its initial design was based on Bitcoin’s protocol, but the successful dev...

Read more »

Digital banking grows in popularity every day. N26 is an example of this, offering most of the same features as a traditional bank in a more user-frie...

Read more »

Fintech banks are changing the landscape of online payments. Monzo is one of the most reputable Neobanks and challenges traditional banking in all asp...

Read more »

Perfect Money is an online payment method founded in Panama in 2007 owned by Perfect Money Finance Corp. and the company’s headquarters are in Hong Ko...

Read more »

LIST OF TOP BOOKMAKERS
22bet
  • 1.000+ live events daily
  • 95% payout on top leagues
  • Cashout
100% up to €122
1xBet
  • 1.000 live matches daily
  • Asian Handicap
  • 50+ sports
  • Code:BOOKSPY
100% up to €130
Sportaza
  • Few country restrictions
  • 35+ sports
  • High odds on secondary bets
  • Code:BOOKMAKERSBET
100% up to $100
20Bet
  • More than 1,000 live events/day
  • 150+ markets in football
  • 40,000+ events/month
100% up to €100
CyberBet
  • More than 15 sports
  • Alternative handicaps in basketball
  • 30+ live tennis markets
  • Code:BOOKMAKERSBET
100% up to $250
Anonymbet
  • Few country restrictions
  • 30+ sports
  • Asian Handicaps
  • Code:bookmakers
120% up to $100
Rabona
  • 20.000+ live events per month
  • 95%+ on Top 5 leagues and NBA
  • Alternative handicaps on basketball
150% up to €150
Zodiacbet
  • 30+ sports
  • Asian Handicaps
  • Card and Corner bets
  • Code:ZB100S
100% up to €100
LeoVegas Sports
  • High average payout of 95% +
  • Best odds guaranteed on UK & Irish horse races
  • Live streaming feature
High Odds
Mr Sloty Sports
  • Few country restrictions
  • 30+ sports
  • Multiview Feature
  • Code:WSPORT501
50% up to $100
Royal Oak Sports
  • Few country restrictions
  • 30+ sports
  • Asian Handicaps
  • Code:WELCOMESPORTS
100% up to $100
Mystake
  • Few country restrictions
  • 1,000+ pre match events daily
  • 400+ football markets
100% up to $500
Wallacebet
  • Few country restrictions
  • 30+ sports
  • Card & Corner Bets
  • Code:BMSB180WB
100% up to €180
Librabet
  • 35+ sports
  • Cards & Corners
  • 20+ Payment Options
100% up to €250
Leonbets
  • Few country restrictions
  • 15+ years of experience
  • Fast Markets
VIP Rewards
LATEST BOOKMAKER PROMOTIONS