Ethereum is one of the biggest crypto-currencies that are currently out. Outside of Bitcoin, Ethereum has one of the highest market caps in all of crypto. The current price of Ethereum is a bit over 2.5 thousand dollars.
Ethereum allows people to use that money on multiple different things. Sports Bettors could even potentially bet on the Stanley Cup odds from BetUS with that money once they turn it into a dollar amount, or even continue using it with crypto.
Let’s take a look at how people can buy Ethereum and how they can use it for sports betting.
How to Buy Ethereum
Developers use to Ethereum blockchain to construct decentralized applications. Developers must purchase in Ethereum’s associated token in order to gain access to the network. Similarly, users must be pay in ether to interact with a decentralized application.
Similar to what Bitcoin was a few years ago, investors that are buying Ethereum are hoping that they can hold it long term and that it is going to rise to a type of value that Bitcoin is currently at. Although it’s going to be difficult for that to happen because of the market cap, things can change in crypto at any given moment and it’s still a possibility. Sometimes these prices can fluctuate a lot in the short term because of the market, but Etherium has done a good job of staying at relatively high prices.
In order to buy crypto, you must have a crypto exchange account. There are many different options that you can pick from to create a crypto exchange account, with the most common of them coming from a crypto wallet. Places like Robinhood, Cashapp, Webull, and others are currently offering crypto wallets for beginner crypto traders.
One thing that is interesting with some of these sites is that you are allowed to not buy the whole coin. This means that you would not have to pay over $2,000 for the price of one, but you can throw a couple of dollars in and play it safe. With that extra money, you can use it to play at BetUS and make some extra cash to put into the crypto market.
Unlike buying stocks where you can only trade during a market hours from at 9:30 a.m. Until 4 p.m. Eastern time, cryptocurrency users that are going to buy Ethereum are going to have a chance to be able to buy and sell for 24 hours and 365 days. This offers some traders a good option of not having to be up early to work the stock market and allows people to see their investments and control it at any given moment.
Cryptocurrency and stocks are somewhat similar in certain ways in terms of trading, as in people have the same options of buying and trading just like they would with most stocks, but they don’t have to worry about not being able to sell or buy the stock in a limited amount of time.
BetUS Has The Best Options For Cryptocurrency
The best way to use a cryptocurrency is to go to BetUS and get a 200% crypto sign up bonus. This means that you will have 150% sports betting bonus and a 50% casino bonus. With this, you can have a maximum deposit of up to $2,500 and that will be matched at $1,875. Not only does this allow you to make money using your Etherium, but you’re also allowed to use this to bet on sports and other events and also be able to cash out in crypto.
With the Stanley Cup Playoffs finally being here, this is a great time for new users who are looking to join BetUS with their crypto sign up bonus. The NBA playoffs, start of the Major League Baseball season, and Stanley Cup playoffs are all going on right now so there’s truly no better time at BetUS.
BetUS is one of the most reputable betting services that are out there and with their new crypto bonus, users can use Ethereum to make all the money that they hope and dream of.